EUN2.DE vs. IS3N.DE
EUN2.DE (iShares Core EURO STOXX 50 UCITS ETF EUR (Dist)) and IS3N.DE (iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc)) are both exchange-traded funds - EUN2.DE is a Europe Equities fund tracking the EURO STOXX® 50, while IS3N.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Investable Market (IMI). Both are passively managed. Over the past 10 years, EUN2.DE returned 10.53%/yr vs 10.00%/yr for IS3N.DE. A 0.64 correlation means they provide meaningful diversification when combined. EUN2.DE charges 0.10%/yr vs 0.18%/yr for IS3N.DE.
Performance
EUN2.DE vs. IS3N.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EUN2.DE achieves a 7.12% return, which is significantly lower than IS3N.DE's 25.82% return. Over the past 10 years, EUN2.DE has outperformed IS3N.DE with an annualized return of 10.53%, while IS3N.DE has yielded a comparatively lower 10.00% annualized return.
EUN2.DE
- 1D
- 0.76%
- 1M
- 1.87%
- YTD
- 7.12%
- 6M
- 8.50%
- 1Y
- 15.68%
- 3Y*
- 15.61%
- 5Y*
- 11.50%
- 10Y*
- 10.53%
IS3N.DE
- 1D
- -1.45%
- 1M
- 3.11%
- YTD
- 25.82%
- 6M
- 26.34%
- 1Y
- 45.77%
- 3Y*
- 19.99%
- 5Y*
- 8.61%
- 10Y*
- 10.00%
EUN2.DE vs. IS3N.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EUN2.DE iShares Core EURO STOXX 50 UCITS ETF EUR (Dist) | 7.12% | 22.24% | 10.97% | 22.70% | -8.84% | 23.49% | -3.00% | 30.05% | -12.00% | 10.20% |
IS3N.DE iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) | 25.82% | 17.14% | 13.87% | 7.20% | -14.09% | 7.38% | 7.07% | 21.01% | -11.06% | 20.43% |
Correlation
The correlation between EUN2.DE and IS3N.DE is 0.64, 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 | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Jun 9, 2014 | 0.64 |
The correlation between EUN2.DE and IS3N.DE has been stable across timeframes, ranging from 0.58 to 0.64 - a consistent structural relationship.
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
EUN2.DE vs. IS3N.DE — Risk / Return Rank
EUN2.DE
IS3N.DE
EUN2.DE vs. IS3N.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core EURO STOXX 50 UCITS ETF EUR (Dist) (EUN2.DE) and iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.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.
| EUN2.DE | IS3N.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.70 | ||
| Sortino ratioReturn per unit of downside risk | -2.04 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.49 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 1.43 | 4.42 | -3.00 |
| Martin ratioReturn relative to average drawdown | 4.86 | 16.00 | -11.15 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EUN2.DE | IS3N.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.99 | 2.69 | -1.70 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | 0.53 | +0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.57 | 0.55 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | 0.44 | -0.27 |
Drawdowns
EUN2.DE vs. IS3N.DE - Drawdown Comparison
The maximum EUN2.DE drawdown since its inception was -65.11%, which is greater than IS3N.DE's maximum drawdown of -35.06%. Use the drawdown chart below to compare losses from any high point for EUN2.DE and IS3N.DE.
Loading charts...
Drawdown Indicators
| EUN2.DE | IS3N.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.11% | -35.06% | -30.05% |
Max Drawdown (1Y)Largest decline over 1 year | -10.98% | -10.52% | -0.46% |
Max Drawdown (3Y)Largest decline over 3 years | -16.46% | -19.17% | +2.71% |
Max Drawdown (5Y)Largest decline over 5 years | -23.30% | -22.01% | -1.29% |
Max Drawdown (10Y)Largest decline over 10 years | -38.35% | -32.51% | -5.84% |
Current DrawdownCurrent decline from peak | -0.57% | -2.49% | +1.92% |
Average DrawdownAverage peak-to-trough decline | -19.35% | -9.30% | -10.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.24% | 2.91% | +0.33% |
Volatility
EUN2.DE vs. IS3N.DE - Volatility Comparison
The current volatility for iShares Core EURO STOXX 50 UCITS ETF EUR (Dist) (EUN2.DE) is 4.96%, while iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.DE) has a volatility of 7.16%. This indicates that EUN2.DE experiences smaller price fluctuations and is considered to be less risky than IS3N.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EUN2.DE | IS3N.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.96% | 7.16% | -2.20% |
Volatility (6M)Calculated over the trailing 6-month period | 12.88% | 14.69% | -1.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.93% | 17.32% | -1.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.46% | 16.19% | +1.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.23% | 18.04% | +0.19% |
EUN2.DE vs. IS3N.DE - Expense Ratio Comparison
EUN2.DE has a 0.10% expense ratio, which is lower than IS3N.DE's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EUN2.DE vs. IS3N.DE - Dividend Comparison
EUN2.DE's dividend yield for the trailing twelve months is around 2.55%, while IS3N.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUN2.DE iShares Core EURO STOXX 50 UCITS ETF EUR (Dist) | 2.55% | 2.51% | 3.02% | 3.02% | 2.92% | 2.05% | 2.15% | 3.02% | 3.70% | 2.85% | 3.38% | 2.93% |
IS3N.DE iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EUN2.DE and IS3N.DE have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUN2.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUN2.DE is cheaper with a 0.10% expense ratio, compared with 0.18% for IS3N.DE.
EUN2.DE is categorized as Europe Equities, while IS3N.DE is Emerging Markets Equities. EUN2.DE tracks EURO STOXX® 50, while IS3N.DE tracks MSCI Emerging Markets Investable Market (IMI). Their fees differ too: 0.10% for EUN2.DE and 0.18% for IS3N.DE.
Find the right allocation for EUN2.DE and IS3N.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