EUN5.DE vs. IUSB
EUN5.DE (iShares Core EUR Corporate Bond UCITS ETF (Dist)) and IUSB (iShares Core Universal USD Bond ETF) are both exchange-traded funds - EUN5.DE is a European Corporate Bonds fund tracking the Bloomberg Euro Corporate Bond, while IUSB is a Intermediate Core-Plus Bond fund tracking the Bloomberg U.S. Universal Index. Both are passively managed. Over the past 10 years, EUN5.DE returned 1.09%/yr vs 1.62%/yr for IUSB. At a 0.26 correlation, their price movements are largely independent. EUN5.DE charges 0.20%/yr vs 0.06%/yr for IUSB.
Performance
EUN5.DE vs. IUSB - Performance Comparison
Loading charts...
Different Trading Currencies
EUN5.DE is traded in EUR, while IUSB is traded in USD. To make them comparable, the IUSB 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 1.25% return, which is significantly lower than IUSB's 4.51% return. Over the past 10 years, EUN5.DE has underperformed IUSB with an annualized return of 1.09%, while IUSB has yielded a comparatively higher 1.62% annualized return.
EUN5.DE
- 1D
- 0.11%
- 1M
- 0.75%
- YTD
- 1.25%
- 6M
- 1.35%
- 1Y
- 2.42%
- 3Y*
- 4.77%
- 5Y*
- 0.23%
- 10Y*
- 1.09%
IUSB
- 1D
- -0.00%
- 1M
- 3.20%
- YTD
- 4.51%
- 6M
- 4.62%
- 1Y
- 7.47%
- 3Y*
- 3.19%
- 5Y*
- 1.52%
- 10Y*
- 1.62%
EUN5.DE vs. IUSB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EUN5.DE iShares Core EUR Corporate Bond UCITS ETF (Dist) | 1.25% | 3.02% | 4.38% | 7.49% | -13.40% | -1.05% | 2.57% | 6.30% | -1.46% | 2.15% |
IUSB iShares Core Universal USD Bond ETF | 4.51% | -5.36% | 8.85% | 3.05% | -7.65% | 6.05% | -1.25% | 11.60% | 4.41% | -8.94% |
Correlation
The correlation between EUN5.DE and IUSB is 0.05, 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 | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Jun 12, 2014 | 0.26 |
Over the past year, the correlation between EUN5.DE and IUSB has dropped to 0.05 - well below their long-term average of 0.26, 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
EUN5.DE vs. IUSB — Risk / Return Rank
EUN5.DE
IUSB
EUN5.DE vs. IUSB - 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 Universal USD Bond ETF (IUSB). 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.
| EUN5.DE | IUSB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.57 | ||
| Sortino ratioReturn per unit of downside risk | -0.80 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.25 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.89 | 1.87 | -0.98 |
| Martin ratioReturn relative to average drawdown | 3.08 | 5.85 | -2.77 |
Loading charts...
Drawdowns
EUN5.DE vs. IUSB - Drawdown Comparison
The maximum EUN5.DE drawdown since its inception was -17.30%, which is greater than IUSB's maximum drawdown of -15.33%. Use the drawdown chart below to compare losses from any high point for EUN5.DE and IUSB.
Loading charts...
Drawdown Indicators
| EUN5.DE | IUSB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.30% | -15.33% | -1.97% |
Max Drawdown (1Y)Largest decline over 1 year | -2.71% | -4.00% | +1.29% |
Max Drawdown (3Y)Largest decline over 3 years | -2.71% | -11.12% | +8.41% |
Max Drawdown (5Y)Largest decline over 5 years | -17.30% | -11.78% | -5.52% |
Max Drawdown (10Y)Largest decline over 10 years | -17.30% | -15.33% | -1.97% |
Current DrawdownCurrent decline from peak | -0.36% | -3.45% | +3.09% |
Average DrawdownAverage peak-to-trough decline | -3.13% | -5.36% | +2.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.79% | 1.28% | -0.49% |
Volatility
EUN5.DE vs. IUSB - Volatility Comparison
The current volatility for iShares Core EUR Corporate Bond UCITS ETF (Dist) (EUN5.DE) is 0.74%, while iShares Core Universal USD Bond ETF (IUSB) has a volatility of 1.14%. This indicates that EUN5.DE experiences smaller price fluctuations and is considered to be less risky than IUSB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EUN5.DE | IUSB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.74% | 1.14% | -0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 2.87% | 4.33% | -1.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.27% | 5.74% | -2.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.50% | 7.90% | -3.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.55% | 7.60% | -3.05% |
EUN5.DE vs. IUSB - Expense Ratio Comparison
EUN5.DE has a 0.20% expense ratio, which is higher than IUSB's 0.06% 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%.
Dividends
EUN5.DE vs. IUSB - Dividend Comparison
EUN5.DE's dividend yield for the trailing twelve months is around 3.31%, less than IUSB's 4.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUN5.DE iShares Core EUR Corporate Bond UCITS ETF (Dist) | 3.31% | 3.29% | 3.39% | 2.51% | 0.84% | 0.81% | 0.84% | 1.10% | 0.98% | 1.52% | 1.66% | 0.90% |
IUSB iShares Core Universal USD Bond ETF | 4.20% | 4.17% | 4.04% | 3.46% | 2.53% | 1.74% | 2.68% | 3.04% | 2.98% | 2.56% | 2.60% | 1.95% |
Frequently Asked Questions
EUN5.DE and IUSB have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IUSB is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IUSB is cheaper with a 0.06% expense ratio, compared with 0.20% for EUN5.DE.
EUN5.DE is categorized as European Corporate Bonds, while IUSB is Intermediate Core-Plus Bond. EUN5.DE tracks Bloomberg Euro Corporate Bond, while IUSB tracks Bloomberg U.S. Universal Index. Their fees differ too: 0.20% for EUN5.DE and 0.06% for IUSB.
Find the right allocation for EUN5.DE and IUSB
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