EUHI.DE vs. EH1Y.DE

Last updated Apr 2, 2026

Compare and contrast key facts about PIMCO Euro Short-Term High Yield Corporate Bond Index UCITS ETF Dist (EUHI.DE) and iShares Broad EUR High Yield Corporate Bond UCITS ETF EUR Dist (EH1Y.DE).

EUHI.DE and EH1Y.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EUHI.DE is a passively managed fund by PIMCO that tracks the performance of the BofA Merrill Lynch 0-5 Year Euro Developed Markets High Yield 2% Constrained. It was launched on Oct 9, 2017. EH1Y.DE is a passively managed fund by iShares that tracks the performance of the ICE BofAML Euro High Yield Constrained. It was launched on Apr 5, 2022. Both EUHI.DE and EH1Y.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

EUHI.DE vs. EH1Y.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in PIMCO Euro Short-Term High Yield Corporate Bond Index UCITS ETF Dist (EUHI.DE) and iShares Broad EUR High Yield Corporate Bond UCITS ETF EUR Dist (EH1Y.DE). The values are adjusted to include any dividend payments, if applicable.

EUHI.DE vs. EH1Y.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
EUHI.DE PIMCO Euro Short-Term High Yield Corporate Bond Index UCITS ETF Dist	-1.03%	5.05%	6.16%	10.11%	-4.49%
EH1Y.DE iShares Broad EUR High Yield Corporate Bond UCITS ETF EUR Dist	-1.02%	5.28%	7.65%	12.37%	-5.31%

Returns By Period

The year-to-date returns for both investments are quite close, with EUHI.DE having a -1.03% return and EH1Y.DE slightly higher at -1.02%.

EUHI.DE

• 1D: 0.92%
• 1M: -1.59%
• YTD: -1.03%
• 6M: -0.11%
• 1Y: 3.07%
• 3Y*: 5.86%
• 5Y*: 2.49%
• 10Y*: —

EH1Y.DE

• 1D: 0.35%
• 1M: -1.11%
• YTD: -1.02%
• 6M: -0.44%
• 1Y: 3.76%
• 3Y*: 7.01%
• 5Y*: —
• 10Y*: —

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

EUHI.DE vs. EH1Y.DE - Expense Ratio Comparison

EUHI.DE has a 0.50% expense ratio, which is higher than EH1Y.DE's 0.20% expense ratio.

EUHI.DE

PIMCO Euro Short-Term High Yield Corporate Bond Index UCITS ETF Dist

EH1Y.DE

iShares Broad EUR High Yield Corporate Bond UCITS ETF EUR Dist

Return for Risk

EUHI.DE vs. EH1Y.DE — Risk / Return Rank

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

EUHI.DE

EUHI.DE Risk / Return Rank: 44
EUHI.DE Sharpe Ratio Rank: 45
EUHI.DE Sortino Ratio Rank: 43
EUHI.DE Omega Ratio Rank: 46
EUHI.DE Calmar Ratio Rank: 38
EUHI.DE Martin Ratio Rank: 46

EH1Y.DE

EH1Y.DE Risk / Return Rank: 47
EH1Y.DE Sharpe Ratio Rank: 49
EH1Y.DE Sortino Ratio Rank: 48
EH1Y.DE Omega Ratio Rank: 47
EH1Y.DE Calmar Ratio Rank: 41
EH1Y.DE Martin Ratio Rank: 51

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.

EUHI.DE vs. EH1Y.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 Dist (EUHI.DE) and iShares Broad EUR High Yield Corporate Bond UCITS ETF EUR Dist (EH1Y.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.

	EUHI.DE	EH1Y.DE	Difference
Sharpe ratio Return per unit of total volatility	0.89	0.95	-0.06
Sortino ratio Return per unit of downside risk	1.29	1.39	-0.10
Omega ratio Gain probability vs. loss probability	1.19	1.19	0.00
Calmar ratio Return relative to maximum drawdown	1.11	1.31	-0.20
Martin ratio Return relative to average drawdown	4.93	5.96	-1.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EUHI.DE vs. EH1Y.DE - Sharpe Ratio Comparison

The current EUHI.DE Sharpe Ratio is 0.89, which is comparable to the EH1Y.DE Sharpe Ratio of 0.95. The chart below compares the historical Sharpe Ratios of EUHI.DE and EH1Y.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EUHI.DE	EH1Y.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.89	0.95	-0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.84	-0.48

Correlation

The correlation between EUHI.DE and EH1Y.DE is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

EUHI.DE vs. EH1Y.DE - Dividend Comparison

EUHI.DE's dividend yield for the trailing twelve months is around 4.48%, less than EH1Y.DE's 5.59% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
EUHI.DE PIMCO Euro Short-Term High Yield Corporate Bond Index UCITS ETF Dist	4.48%	4.47%	4.75%	4.15%	3.10%	2.54%	2.61%	2.59%	2.03%	0.17%
EH1Y.DE iShares Broad EUR High Yield Corporate Bond UCITS ETF EUR Dist	5.59%	5.47%	5.71%	5.03%	1.04%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

EUHI.DE vs. EH1Y.DE - Drawdown Comparison

The maximum EUHI.DE drawdown since its inception was -21.68%, which is greater than EH1Y.DE's maximum drawdown of -10.62%. Use the drawdown chart below to compare losses from any high point for EUHI.DE and EH1Y.DE.

Drawdown Indicators

	EUHI.DE	EH1Y.DE	Difference
Max Drawdown Largest peak-to-trough decline	-21.68%	-10.62%	-11.06%
Max Drawdown (1Y) Largest decline over 1 year	-2.85%	-3.31%	+0.46%
Max Drawdown (5Y) Largest decline over 5 years	-12.64%	—	—
Current Drawdown Current decline from peak	-1.83%	-1.96%	+0.13%
Average Drawdown Average peak-to-trough decline	-2.45%	-1.75%	-0.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.64%	0.73%	-0.09%

Volatility

EUHI.DE vs. EH1Y.DE - Volatility Comparison

The current volatility for PIMCO Euro Short-Term High Yield Corporate Bond Index UCITS ETF Dist (EUHI.DE) is 1.57%, while iShares Broad EUR High Yield Corporate Bond UCITS ETF EUR Dist (EH1Y.DE) has a volatility of 2.05%. This indicates that EUHI.DE experiences smaller price fluctuations and is considered to be less risky than EH1Y.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EUHI.DE	EH1Y.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.57%	2.05%	-0.48%
Volatility (6M) Calculated over the trailing 6-month period	2.11%	2.73%	-0.62%
Volatility (1Y) Calculated over the trailing 1-year period	3.43%	3.93%	-0.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.46%	5.36%	-0.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.25%	5.36%	+0.89%