EUN8.DE vs. SYBW.DE
EUN8.DE (iShares € Govt Bond 10-15yr UCITS ETF EUR (Dist)) and SYBW.DE (State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF (Dist)) are both Government Bonds funds - EUN8.DE tracks the Bloomberg Euro Government Bond 10-15 Year Index while SYBW.DE tracks the Bloomberg U.S. 1-3 Year Treasury Bond Index. Both are passively managed. Over the past 10 years, EUN8.DE returned -0.87%/yr vs 1.29%/yr for SYBW.DE. At a 0.02 correlation, their price movements are largely independent. EUN8.DE charges 0.15%/yr vs 0.05%/yr for SYBW.DE.
Performance
EUN8.DE vs. SYBW.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EUN8.DE achieves a -2.15% return, which is significantly lower than SYBW.DE's 3.77% return. Over the past 10 years, EUN8.DE has underperformed SYBW.DE with an annualized return of -0.87%, while SYBW.DE has yielded a comparatively higher 1.29% annualized return.
EUN8.DE
- 1D
- 0.19%
- 1M
- -1.79%
- 6M
- -1.22%
- YTD
- -2.15%
- 1Y
- -1.39%
- 3Y*
- 1.56%
- 5Y*
- -4.18%
- 10Y*
- -0.87%
SYBW.DE
- 1D
- 0.14%
- 1M
- 1.61%
- 6M
- 2.39%
- YTD
- 3.77%
- 1Y
- 4.75%
- 3Y*
- 3.60%
- 5Y*
- 2.52%
- 10Y*
- 1.29%
EUN8.DE vs. SYBW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EUN8.DE iShares € Govt Bond 10-15yr UCITS ETF EUR (Dist) | -2.15% | 0.68% | 1.21% | 10.63% | -25.03% | -4.22% | 6.60% | 11.63% | 1.13% | 0.09% |
SYBW.DE State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF (Dist) | 3.77% | -6.50% | 9.98% | 0.49% | 2.02% | 7.59% | -6.16% | 5.97% | 6.10% | -11.87% |
Correlation
The correlation between EUN8.DE and SYBW.DE is -0.24, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.02 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.00 |
Correlation (All Time) Calculated using the full available price history since Aug 27, 2013 | 0.02 |
The correlation between EUN8.DE and SYBW.DE shifts across timeframes, from -0.24 (1 year) to 0.02 (all time), reflecting how their relationship changes across market environments.
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
EUN8.DE vs. SYBW.DE — Risk / Return Rank
EUN8.DE
SYBW.DE
EUN8.DE vs. SYBW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares € Govt Bond 10-15yr UCITS ETF EUR (Dist) (EUN8.DE) and State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF (Dist) (SYBW.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.
| EUN8.DE | SYBW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.07 | ||
| Sortino ratioReturn per unit of downside risk | -1.53 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.15 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | -0.26 | 1.34 | -1.60 |
| Martin ratioReturn relative to average drawdown | -0.60 | 3.36 | -3.96 |
Loading charts...
Drawdowns
EUN8.DE vs. SYBW.DE - Drawdown Comparison
The maximum EUN8.DE drawdown since its inception was -29.75%, which is greater than SYBW.DE's maximum drawdown of -28.24%. Use the drawdown chart below to compare losses from any high point for EUN8.DE and SYBW.DE.
Loading charts...
Drawdown Indicators
| EUN8.DE | SYBW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.75% | -28.24% | -1.51% |
Max Drawdown (1Y)Largest decline over 1 year | -5.41% | -3.52% | -1.89% |
Max Drawdown (3Y)Largest decline over 3 years | -6.67% | -10.87% | +4.20% |
Max Drawdown (5Y)Largest decline over 5 years | -29.15% | -12.61% | -16.54% |
Max Drawdown (10Y)Largest decline over 10 years | -29.75% | -20.37% | -9.38% |
Current DrawdownCurrent decline from peak | -21.14% | -5.13% | -16.01% |
Average DrawdownAverage peak-to-trough decline | -8.13% | -9.74% | +1.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.31% | 1.40% | +0.91% |
Volatility
EUN8.DE vs. SYBW.DE - Volatility Comparison
iShares € Govt Bond 10-15yr UCITS ETF EUR (Dist) (EUN8.DE) has a higher volatility of 1.77% compared to State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF (Dist) (SYBW.DE) at 1.12%. This indicates that EUN8.DE's price experiences larger fluctuations and is considered to be riskier than SYBW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EUN8.DE | SYBW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.77% | 1.12% | +0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 5.65% | 3.89% | +1.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.98% | 5.46% | +1.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.38% | 7.16% | +2.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.31% | 10.47% | -2.16% |
EUN8.DE vs. SYBW.DE - Expense Ratio Comparison
EUN8.DE has a 0.15% expense ratio, which is higher than SYBW.DE's 0.05% 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
EUN8.DE vs. SYBW.DE - Dividend Comparison
EUN8.DE's dividend yield for the trailing twelve months is around 1.68%, less than SYBW.DE's 3.82% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUN8.DE iShares € Govt Bond 10-15yr UCITS ETF EUR (Dist) | 1.68% | 3.14% | 2.95% | 2.09% | 0.52% | 0.31% | 0.58% | 1.20% | 1.26% | 1.13% | 1.26% | 0.75% |
SYBW.DE State Street SPDR Bloomberg 1-3 Year U.S. Treasury Bond UCITS ETF (Dist) | 3.82% | 4.34% | 3.98% | 3.01% | 0.64% | 0.54% | 1.91% | 2.03% | 1.33% | 1.05% | 0.68% | 0.53% |
Frequently Asked Questions
EUN8.DE and SYBW.DE have a correlation of -0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SYBW.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SYBW.DE is cheaper with a 0.05% expense ratio, compared with 0.15% for EUN8.DE.
EUN8.DE tracks Bloomberg Euro Government Bond 10-15 Year Index, while SYBW.DE tracks Bloomberg U.S. 1-3 Year Treasury Bond Index. They also come from different issuers: iShares and State Street. Their fees differ too: 0.15% for EUN8.DE and 0.05% for SYBW.DE.
Find the right allocation for EUN8.DE and SYBW.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