EUFN vs. AUSF

Last updated Jun 14, 2026

EUFN (iShares MSCI Europe Financials ETF) and AUSF (Global X Adaptive U.S. Factor ETF) are both exchange-traded funds - EUFN is a Financials Equities fund tracking the MSCI Europe Financials Index, while AUSF is a Mid Cap Value Equities fund tracking the Adaptive Wealth Strategies U.S. Factor Index. Both are passively managed. Over the past 5 years, EUFN returned 18.43%/yr vs 13.35%/yr for AUSF. A 0.66 correlation means they provide meaningful diversification when combined. EUFN charges 0.48%/yr vs 0.27%/yr for AUSF.

Performance

EUFN vs. AUSF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Europe Financials ETF (EUFN) and Global X Adaptive U.S. Factor ETF (AUSF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EUFN achieves a 4.75% return, which is significantly lower than AUSF's 9.27% return.

EUFN

• 1D: 1.20%
• 1M: 3.43%
• YTD: 4.75%
• 6M: 9.10%
• 1Y: 28.57%
• 3Y*: 32.04%
• 5Y*: 18.43%
• 10Y*: 13.48%

AUSF

• 1D: 0.70%
• 1M: 2.94%
• YTD: 9.27%
• 6M: 8.68%
• 1Y: 17.75%
• 3Y*: 19.94%
• 5Y*: 13.35%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EUFN vs. AUSF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
EUFN iShares MSCI Europe Financials ETF	4.75%	65.73%	17.20%	26.15%	-8.78%	19.13%	-8.55%	20.73%	-15.60%
AUSF Global X Adaptive U.S. Factor ETF	9.27%	13.69%	16.05%	22.26%	-0.18%	27.48%	1.27%	24.06%	-11.18%

Correlation

The correlation between EUFN and AUSF is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (5Y) Calculated over the trailing 5-year period	0.61
Correlation (All Time) Calculated using the full available price history since Aug 28, 2018	0.66

The correlation between EUFN and AUSF shifts across timeframes, from 0.48 (1 year) to 0.66 (all time), reflecting how their relationship changes across market environments.

EUFN vs. AUSF - Sectors Allocation Comparison

Sectors	EUFN	AUSF
Financial Services	97.7%	18.4%
Technology	1.0%	15.3%
Industrials	0.4%	14.4%
Consumer Cyclical	0.2%	9.3%
Basic Materials	-	2.6%
Communication Services	-	8.6%
Consumer Defensive	-	7.8%
Energy	-	3.2%
Healthcare	-	11.4%
Real Estate	-	4.6%
Utilities	-	4.4%

Return for Risk

EUFN vs. AUSF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EUFN

EUFN Risk / Return Rank: 42
EUFN Sharpe Ratio Rank: 42
EUFN Sortino Ratio Rank: 42
EUFN Omega Ratio Rank: 39
EUFN Calmar Ratio Rank: 41
EUFN Martin Ratio Rank: 44

AUSF

AUSF Risk / Return Rank: 57
AUSF Sharpe Ratio Rank: 56
AUSF Sortino Ratio Rank: 56
AUSF Omega Ratio Rank: 52
AUSF Calmar Ratio Rank: 66
AUSF Martin Ratio Rank: 54

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EUFN vs. AUSF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe Financials ETF (EUFN) and Global X Adaptive U.S. Factor ETF (AUSF). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EUFN	AUSF	Difference
Sharpe ratio: Return per unit of total volatility	1.31	1.65	-0.34
Sortino ratio: Return per unit of downside risk	1.92	2.38	-0.46
Omega ratio: Gain probability vs. loss probability	1.23	1.28	-0.06
Calmar ratio: Return relative to maximum drawdown	1.79	2.86	-1.08
Martin ratio: Return relative to average drawdown	6.24	8.29	-2.05

EUFN vs. AUSF - Sharpe Ratio Comparison

The current EUFN Sharpe Ratio is 1.31, which is comparable to the AUSF Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of EUFN and AUSF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EUFN vs. AUSF - Drawdown Comparison

The maximum EUFN drawdown since its inception was -53.25%, which is greater than AUSF's maximum drawdown of -44.25%. Use the drawdown chart below to compare losses from any high point for EUFN and AUSF.

Drawdown Indicators

	EUFN	AUSF	Difference
Max Drawdown Largest peak-to-trough decline	-53.25%	-44.25%	-9.00%
Max Drawdown (1Y) Largest decline over 1 year	-14.77%	-5.84%	-8.93%
Max Drawdown (3Y) Largest decline over 3 years	-15.95%	-12.29%	-3.66%
Max Drawdown (5Y) Largest decline over 5 years	-35.15%	-14.23%	-20.92%
Max Drawdown (10Y) Largest decline over 10 years	-53.25%	—	—
Current Drawdown Current decline from peak	-0.10%	0.00%	-0.10%
Average Drawdown Average peak-to-trough decline	-14.53%	-4.21%	-10.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.23%	2.02%	+2.21%

Volatility

EUFN vs. AUSF - Volatility Comparison

iShares MSCI Europe Financials ETF (EUFN) has a higher volatility of 6.96% compared to Global X Adaptive U.S. Factor ETF (AUSF) at 2.70%. This indicates that EUFN's price experiences larger fluctuations and is considered to be riskier than AUSF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EUFN	AUSF	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.96%	2.70%	+4.26%
Volatility (6M) Calculated over the trailing 6-month period	17.05%	6.72%	+10.33%
Volatility (1Y) Calculated over the trailing 1-year period	20.17%	10.14%	+10.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.88%	13.66%	+8.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.53%	19.04%	+5.49%

EUFN vs. AUSF - Expense Ratio Comparison

EUFN has a 0.48% expense ratio, which is higher than AUSF's 0.27% expense ratio.

Dividends

EUFN vs. AUSF - Dividend Comparison

EUFN's dividend yield for the trailing twelve months is around 3.41%, more than AUSF's 2.69% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AUSF Global X Adaptive U.S. Factor ETF	2.69%	2.78%	2.63%	1.83%	2.51%	2.22%	2.95%	4.02%	1.46%	0.00%	0.00%	0.00%
EUFN iShares MSCI Europe Financials ETF	3.41%	3.57%	5.36%	5.00%	4.24%	4.15%	1.38%	4.55%	6.48%	3.04%	4.03%	3.65%

Frequently Asked Questions

Can I hold both EUFN and AUSF in my portfolio?

EUFN and AUSF have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EUFN or AUSF?

EUFN has higher volatility (6.96%) compared to AUSF (2.70%). In terms of maximum drawdown, EUFN dropped -53.25% vs AUSF's -44.25%.

Which ETF is better, EUFN or AUSF?

On 5-year performance, EUFN leads with 18.43% vs 13.35% for AUSF. On fees, AUSF is cheaper at 0.27% per year. On volatility, AUSF has been the lower-risk option at 2.70%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EUFN or AUSF?

Over the 5-year period, EUFN has performed better with a 18.43% return vs 13.35%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EUFN or AUSF?

AUSF is cheaper with a 0.27% expense ratio, compared with 0.48% for EUFN.

Which ETF pays a higher dividend yield, EUFN or AUSF?

EUFN has the higher dividend yield at 3.41%, compared with 2.69% for AUSF.

What is the main difference between EUFN and AUSF?

EUFN is categorized as Financials Equities, while AUSF is Mid Cap Value Equities. EUFN tracks MSCI Europe Financials Index, while AUSF tracks Adaptive Wealth Strategies U.S. Factor Index. They also come from different issuers: iShares and Global X. Their fees differ too: 0.48% for EUFN and 0.27% for AUSF.

Which has better risk-adjusted returns?

AUSF currently has the higher Sharpe Ratio (1.65 vs 1.31), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.