EUN0.DE vs. IS3G.DE
EUN0.DE (iShares Edge MSCI Europe Minimum Volatility UCITS ETF) and IS3G.DE (iShares MSCI EMU Large Cap UCITS ETF) are both Europe Equities funds from iShares - EUN0.DE tracks the MSCI Europe Minimum Volatility while IS3G.DE tracks the MSCI EMU Large Cap. Both are passively managed. Over the past 10 years, EUN0.DE returned 6.97%/yr vs 10.37%/yr for IS3G.DE. Their correlation of 0.81 suggests significant overlap in exposure. EUN0.DE charges 0.25%/yr vs 0.49%/yr for IS3G.DE.
Performance
EUN0.DE vs. IS3G.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EUN0.DE achieves a 9.16% return, which is significantly lower than IS3G.DE's 10.00% return. Over the past 10 years, EUN0.DE has underperformed IS3G.DE with an annualized return of 6.97%, while IS3G.DE has yielded a comparatively higher 10.37% annualized return.
EUN0.DE
- 1D
- 0.59%
- 1M
- 2.43%
- 6M
- 7.09%
- YTD
- 9.16%
- 1Y
- 11.91%
- 3Y*
- 12.05%
- 5Y*
- 7.18%
- 10Y*
- 6.97%
IS3G.DE
- 1D
- -0.88%
- 1M
- -1.96%
- 6M
- 5.81%
- YTD
- 10.00%
- 1Y
- 19.12%
- 3Y*
- 14.86%
- 5Y*
- 10.83%
- 10Y*
- 10.37%
EUN0.DE vs. IS3G.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EUN0.DE iShares Edge MSCI Europe Minimum Volatility UCITS ETF | 9.16% | 12.27% | 11.42% | 10.79% | -13.21% | 21.52% | -4.02% | 24.18% | -4.36% | 9.14% |
IS3G.DE iShares MSCI EMU Large Cap UCITS ETF | 10.00% | 22.66% | 8.54% | 20.59% | -11.41% | 23.33% | -2.19% | 29.77% | -12.62% | 11.55% |
Correlation
The correlation between EUN0.DE and IS3G.DE is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.74 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2013 | 0.81 |
Over the past year, the correlation between EUN0.DE and IS3G.DE has dropped to 0.59 - well below their long-term average of 0.81, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EUN0.DE vs. IS3G.DE — Risk / Return Rank
EUN0.DE
IS3G.DE
EUN0.DE vs. IS3G.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Europe Minimum Volatility UCITS ETF (EUN0.DE) and iShares MSCI EMU Large Cap UCITS ETF (IS3G.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.
| EUN0.DE | IS3G.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.23 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.66 | 1.80 | -0.15 |
| Martin ratioReturn relative to average drawdown | 5.12 | 6.59 | -1.47 |
Loading charts...
Drawdowns
EUN0.DE vs. IS3G.DE - Drawdown Comparison
The maximum EUN0.DE drawdown since its inception was -30.68%, smaller than the maximum IS3G.DE drawdown of -38.65%. Use the drawdown chart below to compare losses from any high point for EUN0.DE and IS3G.DE.
Loading charts...
Drawdown Indicators
| EUN0.DE | IS3G.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.68% | -38.65% | +7.97% |
Max Drawdown (1Y)Largest decline over 1 year | -7.16% | -10.55% | +3.39% |
Max Drawdown (3Y)Largest decline over 3 years | -10.73% | -15.83% | +5.10% |
Max Drawdown (5Y)Largest decline over 5 years | -19.64% | -24.14% | +4.50% |
Max Drawdown (10Y)Largest decline over 10 years | -30.68% | -38.65% | +7.97% |
Current DrawdownCurrent decline from peak | -0.01% | -3.28% | +3.27% |
Average DrawdownAverage peak-to-trough decline | -4.66% | -6.12% | +1.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.32% | 2.89% | -0.57% |
Volatility
EUN0.DE vs. IS3G.DE - Volatility Comparison
The current volatility for iShares Edge MSCI Europe Minimum Volatility UCITS ETF (EUN0.DE) is 2.39%, while iShares MSCI EMU Large Cap UCITS ETF (IS3G.DE) has a volatility of 4.32%. This indicates that EUN0.DE experiences smaller price fluctuations and is considered to be less risky than IS3G.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EUN0.DE | IS3G.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.39% | 4.32% | -1.93% |
Volatility (6M)Calculated over the trailing 6-month period | 7.47% | 13.08% | -5.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.03% | 15.41% | -6.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.03% | 16.62% | -5.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.21% | 17.09% | -4.88% |
EUN0.DE vs. IS3G.DE - Expense Ratio Comparison
EUN0.DE has a 0.25% expense ratio, which is lower than IS3G.DE's 0.49% expense ratio.
Dividends
EUN0.DE vs. IS3G.DE - Dividend Comparison
Neither EUN0.DE nor IS3G.DE has paid dividends to shareholders.
Frequently Asked Questions
EUN0.DE and IS3G.DE have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUN0.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUN0.DE is cheaper with a 0.25% expense ratio, compared with 0.49% for IS3G.DE.
EUN0.DE tracks MSCI Europe Minimum Volatility, while IS3G.DE tracks MSCI EMU Large Cap. Their fees differ too: 0.25% for EUN0.DE and 0.49% for IS3G.DE.
Find the right allocation for EUN0.DE and IS3G.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer