EUN6.DE vs. IS3N.DE
EUN6.DE (iShares € Govt Bond 0-1yr UCITS ETF EUR (Dist)) and IS3N.DE (iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc)) are both exchange-traded funds - EUN6.DE is a Government Bonds fund tracking the Bloomberg Euro Short Treasury (0-12 Month) Bond Index, while IS3N.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Investable Market Index (IMI). Both are passively managed. Over the past 10 years, EUN6.DE returned 0.49%/yr vs 9.80%/yr for IS3N.DE. At a 0.05 correlation, their price movements are largely independent. EUN6.DE charges 0.07%/yr vs 0.18%/yr for IS3N.DE.
Performance
EUN6.DE vs. IS3N.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EUN6.DE achieves a 1.02% return, which is significantly lower than IS3N.DE's 26.15% return. Over the past 10 years, EUN6.DE has underperformed IS3N.DE with an annualized return of 0.49%, while IS3N.DE has yielded a comparatively higher 9.80% annualized return.
EUN6.DE
- 1D
- -0.01%
- 1M
- 0.23%
- 6M
- 0.95%
- YTD
- 1.02%
- 1Y
- 1.89%
- 3Y*
- 2.83%
- 5Y*
- 1.62%
- 10Y*
- 0.49%
IS3N.DE
- 1D
- 2.11%
- 1M
- -1.18%
- 6M
- 22.85%
- YTD
- 26.15%
- 1Y
- 42.71%
- 3Y*
- 19.59%
- 5Y*
- 8.39%
- 10Y*
- 9.80%
EUN6.DE vs. IS3N.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EUN6.DE iShares € Govt Bond 0-1yr UCITS ETF EUR (Dist) | 1.02% | 2.16% | 3.57% | 2.74% | -1.00% | -0.70% | -0.60% | -0.54% | -0.66% | -0.74% |
IS3N.DE iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) | 26.15% | 17.14% | 13.88% | 7.20% | -13.85% | 7.09% | 7.07% | 20.99% | -11.06% | 20.43% |
Correlation
The correlation between EUN6.DE and IS3N.DE is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2014 | 0.05 |
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Return for Risk
EUN6.DE vs. IS3N.DE — Risk / Return Rank
EUN6.DE
IS3N.DE
EUN6.DE vs. IS3N.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares € Govt Bond 0-1yr UCITS ETF EUR (Dist) (EUN6.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.
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.
| EUN6.DE | IS3N.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.68 | ||
| Sortino ratioReturn per unit of downside risk | +1.63 | ||
| Omega ratioGain probability vs. loss probability | 1.98 | 1.40 | +0.58 |
| Calmar ratioReturn relative to maximum drawdown | 5.84 | 4.04 | +1.80 |
| Martin ratioReturn relative to average drawdown | 22.30 | 13.47 | +8.83 |
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Drawdowns
EUN6.DE vs. IS3N.DE - Drawdown Comparison
The maximum EUN6.DE drawdown since its inception was -4.94%, smaller than the maximum IS3N.DE drawdown of -35.06%. Use the drawdown chart below to compare losses from any high point for EUN6.DE and IS3N.DE.
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Drawdown Indicators
| EUN6.DE | IS3N.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.94% | -35.06% | +30.12% |
Max Drawdown (1Y)Largest decline over 1 year | -0.32% | -10.52% | +10.20% |
Max Drawdown (3Y)Largest decline over 3 years | -0.77% | -19.18% | +18.41% |
Max Drawdown (5Y)Largest decline over 5 years | -1.49% | -21.99% | +20.50% |
Max Drawdown (10Y)Largest decline over 10 years | -4.54% | -32.51% | +27.97% |
Current DrawdownCurrent decline from peak | -0.08% | -4.56% | +4.48% |
Average DrawdownAverage peak-to-trough decline | -1.31% | -9.24% | +7.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.08% | 3.16% | -3.08% |
Volatility
EUN6.DE vs. IS3N.DE - Volatility Comparison
The current volatility for iShares € Govt Bond 0-1yr UCITS ETF EUR (Dist) (EUN6.DE) is 0.09%, while iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.DE) has a volatility of 8.89%. This indicates that EUN6.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.
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Volatility by Period
| EUN6.DE | IS3N.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.09% | 8.89% | -8.80% |
Volatility (6M)Calculated over the trailing 6-month period | 0.57% | 16.69% | -16.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.64% | 19.07% | -18.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.67% | 16.62% | -15.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.63% | 18.15% | -17.52% |
EUN6.DE vs. IS3N.DE - Expense Ratio Comparison
EUN6.DE has a 0.07% 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
EUN6.DE vs. IS3N.DE - Dividend Comparison
EUN6.DE's dividend yield for the trailing twelve months is around 2.19%, while IS3N.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
EUN6.DE iShares € Govt Bond 0-1yr UCITS ETF EUR (Dist) | 2.19% | 2.79% | 2.18% |
IS3N.DE iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EUN6.DE and IS3N.DE have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUN6.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUN6.DE is cheaper with a 0.07% expense ratio, compared with 0.18% for IS3N.DE.
EUN6.DE is categorized as Government Bonds, while IS3N.DE is Emerging Markets Equities. EUN6.DE tracks Bloomberg Euro Short Treasury (0-12 Month) Bond Index, while IS3N.DE tracks MSCI Emerging Markets Investable Market Index (IMI). Their fees differ too: 0.07% for EUN6.DE and 0.18% for IS3N.DE.
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