EUHA.DE vs. EUNN.DE
EUHA.DE (PIMCO Euro Short-Term High Yield Corporate Bond Index UCITS ETF Acc) and EUNN.DE (iShares Core MSCI Japan IMI UCITS ETF) are both exchange-traded funds - EUHA.DE is a European High Yield Bonds fund tracking the BofA Merrill Lynch 0-5 Year Euro Developed Markets High Yield 2% Constrained, while EUNN.DE is a Japan Equities fund tracking the MSCI Japan IMI. Both are passively managed. Over the past 5 years, EUHA.DE returned 2.88%/yr vs 10.23%/yr for EUNN.DE. At a 0.38 correlation, their price movements are largely independent. EUHA.DE charges 0.50%/yr vs 0.12%/yr for EUNN.DE.
Performance
EUHA.DE vs. EUNN.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EUHA.DE achieves a 1.71% return, which is significantly lower than EUNN.DE's 19.71% return.
EUHA.DE
- 1D
- 0.08%
- 1M
- 0.81%
- YTD
- 1.71%
- 6M
- 1.88%
- 1Y
- 4.18%
- 3Y*
- 6.62%
- 5Y*
- 2.88%
- 10Y*
- —
EUNN.DE
- 1D
- 0.54%
- 1M
- 3.39%
- YTD
- 19.71%
- 6M
- 19.97%
- 1Y
- 37.65%
- 3Y*
- 17.53%
- 5Y*
- 10.23%
- 10Y*
- 9.52%
EUHA.DE vs. EUNN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EUHA.DE PIMCO Euro Short-Term High Yield Corporate Bond Index UCITS ETF Acc | 1.71% | 5.15% | 6.20% | 10.03% | -8.20% | 3.13% | 1.06% | 8.43% | -4.19% | 0.30% |
EUNN.DE iShares Core MSCI Japan IMI UCITS ETF | 19.71% | 13.46% | 12.91% | 15.16% | -11.48% | 9.24% | 4.12% | 22.22% | -10.32% | 6.04% |
Correlation
The correlation between EUHA.DE and EUNN.DE is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Oct 9, 2017 | 0.38 |
The correlation between EUHA.DE and EUNN.DE shifts across timeframes, from 0.27 (3 years) to 0.38 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
EUHA.DE vs. EUNN.DE — Risk / Return Rank
EUHA.DE
EUNN.DE
EUHA.DE vs. EUNN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Euro Short-Term High Yield Corporate Bond Index UCITS ETF Acc (EUHA.DE) and iShares Core MSCI Japan IMI UCITS ETF (EUNN.DE). 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.
| EUHA.DE | EUNN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.70 | ||
| Sortino ratioReturn per unit of downside risk | -0.86 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.38 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.35 | 3.91 | -2.56 |
| Martin ratioReturn relative to average drawdown | 6.05 | 13.04 | -6.99 |
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Drawdowns
EUHA.DE vs. EUNN.DE - Drawdown Comparison
The maximum EUHA.DE drawdown since its inception was -23.38%, smaller than the maximum EUNN.DE drawdown of -28.56%. Use the drawdown chart below to compare losses from any high point for EUHA.DE and EUNN.DE.
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Drawdown Indicators
| EUHA.DE | EUNN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.38% | -28.56% | +5.18% |
Max Drawdown (1Y)Largest decline over 1 year | -3.08% | -9.58% | +6.50% |
Max Drawdown (3Y)Largest decline over 3 years | -3.46% | -15.81% | +12.35% |
Max Drawdown (5Y)Largest decline over 5 years | -12.40% | -19.41% | +7.01% |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.56% | — |
Current DrawdownCurrent decline from peak | -0.08% | -2.49% | +2.41% |
Average DrawdownAverage peak-to-trough decline | -2.42% | -6.84% | +4.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.69% | 2.88% | -2.19% |
Volatility
EUHA.DE vs. EUNN.DE - Volatility Comparison
The current volatility for PIMCO Euro Short-Term High Yield Corporate Bond Index UCITS ETF Acc (EUHA.DE) is 0.68%, while iShares Core MSCI Japan IMI UCITS ETF (EUNN.DE) has a volatility of 5.61%. This indicates that EUHA.DE experiences smaller price fluctuations and is considered to be less risky than EUNN.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EUHA.DE | EUNN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.68% | 5.61% | -4.93% |
Volatility (6M)Calculated over the trailing 6-month period | 2.82% | 15.36% | -12.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.18% | 18.63% | -15.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.00% | 16.20% | -11.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.44% | 16.10% | -9.66% |
EUHA.DE vs. EUNN.DE - Expense Ratio Comparison
EUHA.DE has a 0.50% expense ratio, which is higher than EUNN.DE's 0.12% expense ratio.
Dividends
EUHA.DE vs. EUNN.DE - Dividend Comparison
Neither EUHA.DE nor EUNN.DE has paid dividends to shareholders.
Frequently Asked Questions
EUHA.DE and EUNN.DE have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUNN.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUNN.DE is cheaper with a 0.12% expense ratio, compared with 0.50% for EUHA.DE.
EUHA.DE is categorized as European High Yield Bonds, while EUNN.DE is Japan Equities. EUHA.DE tracks BofA Merrill Lynch 0-5 Year Euro Developed Markets High Yield 2% Constrained, while EUNN.DE tracks MSCI Japan IMI. They also come from different issuers: PIMCO and iShares. Their fees differ too: 0.50% for EUHA.DE and 0.12% for EUNN.DE.
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