EUN3.DE vs. NQSE.DE
EUN3.DE (iShares Global Government Bond UCITS ETF USD (Dist)) and NQSE.DE (iShares NASDAQ 100 UCITS ETF) are both exchange-traded funds - EUN3.DE is a Global Bonds fund tracking the FTSE G7 Government Bond, while NQSE.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, EUN3.DE returned -2.76%/yr vs 14.91%/yr for NQSE.DE. At a correlation of -0.17, they often move in opposite directions. EUN3.DE charges 0.20%/yr vs 0.33%/yr for NQSE.DE.
Performance
EUN3.DE vs. NQSE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EUN3.DE achieves a -1.67% return, which is significantly lower than NQSE.DE's 17.82% return.
EUN3.DE
- 1D
- 0.03%
- 1M
- 0.35%
- YTD
- -1.67%
- 6M
- -2.34%
- 1Y
- -2.97%
- 3Y*
- -1.80%
- 5Y*
- -2.76%
- 10Y*
- -1.20%
NQSE.DE
- 1D
- -0.77%
- 1M
- 6.66%
- YTD
- 17.82%
- 6M
- 17.09%
- 1Y
- 35.67%
- 3Y*
- 25.27%
- 5Y*
- 14.91%
- 10Y*
- —
EUN3.DE vs. NQSE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
EUN3.DE iShares Global Government Bond UCITS ETF USD (Dist) | -1.67% | -5.37% | 2.25% | 0.44% | -12.65% | 1.09% | -0.23% | 8.23% | 2.16% |
NQSE.DE iShares NASDAQ 100 UCITS ETF | 17.82% | 18.16% | 24.07% | 52.10% | -36.29% | 27.37% | 45.23% | 35.67% | -15.98% |
Correlation
The correlation between EUN3.DE and NQSE.DE is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.15 |
Correlation (All Time) Calculated using the full available price history since Sep 11, 2018 | -0.17 |
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
EUN3.DE vs. NQSE.DE — Risk / Return Rank
EUN3.DE
NQSE.DE
EUN3.DE vs. NQSE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Government Bond UCITS ETF USD (Dist) (EUN3.DE) and iShares NASDAQ 100 UCITS ETF (NQSE.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.
| EUN3.DE | NQSE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.02 | ||
| Sortino ratioReturn per unit of downside risk | -4.12 | ||
| Omega ratioGain probability vs. loss probability | 0.88 | 1.39 | -0.51 |
| Calmar ratioReturn relative to maximum drawdown | -0.70 | 3.08 | -3.78 |
| Martin ratioReturn relative to average drawdown | -1.37 | 10.77 | -12.14 |
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
| EUN3.DE | NQSE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.74 | 2.28 | -3.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.40 | 0.71 | -1.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.19 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | 0.82 | -0.65 |
Drawdowns
EUN3.DE vs. NQSE.DE - Drawdown Comparison
The maximum EUN3.DE drawdown since its inception was -22.74%, smaller than the maximum NQSE.DE drawdown of -37.67%. Use the drawdown chart below to compare losses from any high point for EUN3.DE and NQSE.DE.
Loading charts...
Drawdown Indicators
| EUN3.DE | NQSE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.74% | -37.67% | +14.93% |
Max Drawdown (1Y)Largest decline over 1 year | -4.71% | -11.87% | +7.16% |
Max Drawdown (3Y)Largest decline over 3 years | -10.14% | -22.40% | +12.26% |
Max Drawdown (5Y)Largest decline over 5 years | -18.98% | -37.67% | +18.69% |
Max Drawdown (10Y)Largest decline over 10 years | -22.74% | — | — |
Current DrawdownCurrent decline from peak | -21.83% | -0.84% | -20.99% |
Average DrawdownAverage peak-to-trough decline | -9.52% | -8.56% | -0.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.42% | 3.40% | -0.98% |
Volatility
EUN3.DE vs. NQSE.DE - Volatility Comparison
The current volatility for iShares Global Government Bond UCITS ETF USD (Dist) (EUN3.DE) is 1.12%, while iShares NASDAQ 100 UCITS ETF (NQSE.DE) has a volatility of 4.75%. This indicates that EUN3.DE experiences smaller price fluctuations and is considered to be less risky than NQSE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EUN3.DE | NQSE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.12% | 4.75% | -3.63% |
Volatility (6M)Calculated over the trailing 6-month period | 3.34% | 11.99% | -8.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.44% | 16.05% | -11.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.83% | 20.91% | -14.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.23% | 21.54% | -15.31% |
EUN3.DE vs. NQSE.DE - Expense Ratio Comparison
EUN3.DE has a 0.20% expense ratio, which is lower than NQSE.DE's 0.33% expense ratio.
Dividends
EUN3.DE vs. NQSE.DE - Dividend Comparison
EUN3.DE's dividend yield for the trailing twelve months is around 1.50%, while NQSE.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUN3.DE iShares Global Government Bond UCITS ETF USD (Dist) | 1.50% | 3.09% | 2.40% | 1.47% | 0.79% | 0.60% | 1.08% | 1.20% | 1.04% | 1.01% | 1.04% | 0.59% |
NQSE.DE iShares NASDAQ 100 UCITS ETF | 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
EUN3.DE and NQSE.DE have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUN3.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUN3.DE is cheaper with a 0.20% expense ratio, compared with 0.33% for NQSE.DE.
EUN3.DE is categorized as Global Bonds, while NQSE.DE is Nasdaq-100. EUN3.DE tracks FTSE G7 Government Bond, while NQSE.DE tracks NASDAQ-100 Index. Their fees differ too: 0.20% for EUN3.DE and 0.33% for NQSE.DE.
Find the right allocation for EUN3.DE and NQSE.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