EUIG vs. ACWI
EUIG (iShares Euro Investment Grade Corporate Bond USD Hedged ETF) and ACWI (iShares MSCI ACWI ETF) are both exchange-traded funds - EUIG is a European Corporate Bonds fund tracking the BBG Euro Corporate Index, 100% USD Hedged, while ACWI is a Global Equities fund tracking the MSCI All Country World Index. Both are passively managed. At a 0.39 correlation, their price movements are largely independent. EUIG charges 0.18%/yr vs 0.32%/yr for ACWI.
Performance
EUIG vs. ACWI - Performance Comparison
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Returns By Period
In the year-to-date period, EUIG achieves a 1.33% return, which is significantly lower than ACWI's 10.26% return.
EUIG
- 1D
- -0.08%
- 1M
- -0.37%
- 6M
- 0.82%
- YTD
- 1.33%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ACWI
- 1D
- -0.87%
- 1M
- -0.52%
- 6M
- 7.59%
- YTD
- 10.26%
- 1Y
- 21.19%
- 3Y*
- 18.26%
- 5Y*
- 10.86%
- 10Y*
- 12.46%
EUIG vs. ACWI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EUIG iShares Euro Investment Grade Corporate Bond USD Hedged ETF | 1.33% | -0.14% |
ACWI iShares MSCI ACWI ETF | 10.26% | 1.55% |
Correlation
The correlation between EUIG and ACWI is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 6, 2025 | 0.39 |
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Return for Risk
EUIG vs. ACWI — Risk / Return Rank
EUIG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ACWI
EUIG vs. ACWI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Euro Investment Grade Corporate Bond USD Hedged ETF (EUIG) and iShares MSCI ACWI ETF (ACWI). 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.
| EUIG | ACWI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.28 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.19 | — |
| Martin ratioReturn relative to average drawdown | — | 9.32 | — |
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Drawdowns
EUIG vs. ACWI - Drawdown Comparison
The maximum EUIG drawdown since its inception was -2.32%, smaller than the maximum ACWI drawdown of -56.00%. Use the drawdown chart below to compare losses from any high point for EUIG and ACWI.
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Drawdown Indicators
| EUIG | ACWI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.32% | -56.00% | +53.68% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.73% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -16.55% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.42% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.53% | — |
Current DrawdownCurrent decline from peak | -0.92% | -2.48% | +1.56% |
Average DrawdownAverage peak-to-trough decline | -0.53% | -8.57% | +8.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.28% | — |
Volatility
EUIG vs. ACWI - Volatility Comparison
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Volatility by Period
| EUIG | ACWI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.92% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 11.57% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.10% | 13.75% | -10.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.10% | 16.21% | -13.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.10% | 17.04% | -13.94% |
EUIG vs. ACWI - Expense Ratio Comparison
EUIG has a 0.18% expense ratio, which is lower than ACWI's 0.32% expense ratio.
Dividends
EUIG vs. ACWI - Dividend Comparison
EUIG's dividend yield for the trailing twelve months is around 1.86%, more than ACWI's 1.45% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACWI iShares MSCI ACWI ETF | 1.45% | 1.55% | 1.70% | 1.88% | 1.79% | 1.71% | 1.43% | 2.33% | 2.18% | 1.94% | 2.19% | 2.56% |
EUIG iShares Euro Investment Grade Corporate Bond USD Hedged ETF | 1.86% | 0.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EUIG and ACWI have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUIG is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUIG is cheaper with a 0.18% expense ratio, compared with 0.32% for ACWI.
EUIG has the higher dividend yield at 1.86%, compared with 1.45% for ACWI.
EUIG is categorized as European Corporate Bonds, while ACWI is Global Equities. EUIG tracks BBG Euro Corporate Index, 100% USD Hedged, while ACWI tracks MSCI All Country World Index. Their fees differ too: 0.18% for EUIG and 0.32% for ACWI.
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