EUN5.DE vs. AGG

Last updated Apr 2, 2026

Compare and contrast key facts about iShares Core EUR Corporate Bond UCITS ETF (Dist) (EUN5.DE) and iShares Core U.S. Aggregate Bond ETF (AGG).

EUN5.DE and AGG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EUN5.DE is a passively managed fund by iShares that tracks the performance of the Bloomberg Euro Corporate Bond. It was launched on Mar 6, 2009. AGG is a passively managed fund by iShares that tracks the performance of the Bloomberg U.S. Aggregate Bond Index. It was launched on Sep 22, 2003. Both EUN5.DE and AGG 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

EUN5.DE vs. AGG - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Core EUR Corporate Bond UCITS ETF (Dist) (EUN5.DE) and iShares Core U.S. Aggregate Bond ETF (AGG). The values are adjusted to include any dividend payments, if applicable.

EUN5.DE vs. AGG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EUN5.DE iShares Core EUR Corporate Bond UCITS ETF (Dist)	-0.68%	3.02%	4.38%	7.49%	-13.40%	-1.05%	2.58%	6.31%	-1.47%	2.15%
AGG iShares Core U.S. Aggregate Bond ETF	1.63%	-5.53%	8.00%	2.49%	-7.63%	5.58%	-1.38%	10.91%	4.79%	-9.17%

Different Trading Currencies

EUN5.DE is traded in EUR, while AGG is traded in USD. To make them comparable, the AGG values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, EUN5.DE achieves a -0.68% return, which is significantly lower than AGG's 1.63% return. Over the past 10 years, EUN5.DE has underperformed AGG with an annualized return of 0.97%, while AGG has yielded a comparatively higher 1.51% annualized return.

EUN5.DE

• 1D: 0.37%
• 1M: -1.73%
• YTD: -0.68%
• 6M: -0.44%
• 1Y: 2.20%
• 3Y*: 4.25%
• 5Y*: -0.23%
• 10Y*: 0.97%

AGG

• 1D: -0.04%
• 1M: -0.30%
• YTD: 1.63%
• 6M: 2.21%
• 1Y: -2.92%
• 3Y*: 1.40%
• 5Y*: 0.60%
• 10Y*: 1.51%

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

EUN5.DE vs. AGG - Expense Ratio Comparison

EUN5.DE has a 0.20% expense ratio, which is higher than AGG's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

EUN5.DE

iShares Core EUR Corporate Bond UCITS ETF (Dist)

AGG

iShares Core U.S. Aggregate Bond ETF

Return for Risk

EUN5.DE vs. AGG — Risk / Return Rank

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

EUN5.DE

EUN5.DE Risk / Return Rank: 34
EUN5.DE Sharpe Ratio Rank: 37
EUN5.DE Sortino Ratio Rank: 33
EUN5.DE Omega Ratio Rank: 33
EUN5.DE Calmar Ratio Rank: 30
EUN5.DE Martin Ratio Rank: 37

AGG

AGG Risk / Return Rank: 50
AGG Sharpe Ratio Rank: 49
AGG Sortino Ratio Rank: 46
AGG Omega Ratio Rank: 40
AGG Calmar Ratio Rank: 67
AGG Martin Ratio Rank: 49

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.

EUN5.DE vs. AGG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core EUR Corporate Bond UCITS ETF (Dist) (EUN5.DE) and iShares Core U.S. Aggregate Bond ETF (AGG). 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.

	EUN5.DE	AGG	Difference
Sharpe ratio Return per unit of total volatility	0.75	-0.37	+1.11
Sortino ratio Return per unit of downside risk	1.03	-0.43	+1.46
Omega ratio Gain probability vs. loss probability	1.14	0.94	+0.20
Calmar ratio Return relative to maximum drawdown	0.84	-0.29	+1.13
Martin ratio Return relative to average drawdown	3.72	-0.47	+4.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EUN5.DE vs. AGG - Sharpe Ratio Comparison

The current EUN5.DE Sharpe Ratio is 0.75, which is higher than the AGG Sharpe Ratio of -0.37. The chart below compares the historical Sharpe Ratios of EUN5.DE and AGG, 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

	EUN5.DE	AGG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.75	-0.37	+1.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.05	0.07	-0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.21	0.19	+0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.40	+0.07

Correlation

The correlation between EUN5.DE and AGG is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

EUN5.DE vs. AGG - Dividend Comparison

EUN5.DE's dividend yield for the trailing twelve months is around 3.37%, less than AGG's 3.95% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EUN5.DE iShares Core EUR Corporate Bond UCITS ETF (Dist)	3.37%	3.29%	3.39%	2.51%	0.84%	0.81%	0.84%	1.10%	0.98%	1.52%	1.66%	0.90%
AGG iShares Core U.S. Aggregate Bond ETF	3.95%	3.89%	3.74%	3.13%	2.39%	1.77%	2.14%	2.70%	2.72%	2.32%	2.39%	2.45%

Drawdowns

EUN5.DE vs. AGG - Drawdown Comparison

The maximum EUN5.DE drawdown since its inception was -17.31%, roughly equal to the maximum AGG drawdown of -16.82%. Use the drawdown chart below to compare losses from any high point for EUN5.DE and AGG.

Drawdown Indicators

	EUN5.DE	AGG	Difference
Max Drawdown Largest peak-to-trough decline	-17.31%	-18.43%	+1.12%
Max Drawdown (1Y) Largest decline over 1 year	-2.71%	-2.52%	-0.19%
Max Drawdown (5Y) Largest decline over 5 years	-17.31%	-17.82%	+0.51%
Max Drawdown (10Y) Largest decline over 10 years	-17.31%	-18.43%	+1.12%
Current Drawdown Current decline from peak	-2.27%	-2.30%	+0.03%
Average Drawdown Average peak-to-trough decline	-3.16%	-2.71%	-0.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.61%	0.91%	-0.30%

Volatility

EUN5.DE vs. AGG - Volatility Comparison

The current volatility for iShares Core EUR Corporate Bond UCITS ETF (Dist) (EUN5.DE) is 1.67%, while iShares Core U.S. Aggregate Bond ETF (AGG) has a volatility of 2.05%. This indicates that EUN5.DE experiences smaller price fluctuations and is considered to be less risky than AGG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EUN5.DE	AGG	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.67%	2.05%	-0.38%
Volatility (6M) Calculated over the trailing 6-month period	2.15%	4.41%	-2.26%
Volatility (1Y) Calculated over the trailing 1-year period	2.93%	8.03%	-5.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.41%	8.15%	-3.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.51%	8.07%	-3.56%