EUNA.AS vs. BNDW

Last updated Jun 4, 2026

EUNA.AS (iShares STOXX Europe 50 UCITS ETF) and BNDW (Vanguard Total World Bond ETF) are both exchange-traded funds - EUNA.AS is a Europe Equities fund tracking the MSCI Europe NR EUR, while BNDW is a Global Bonds fund tracking the Bloomberg Global Aggregate Float Adjusted Composite Index. Both are passively managed. At a correlation of -0.02, they often move in opposite directions. EUNA.AS charges 0.35%/yr vs 0.05%/yr for BNDW.

Performance

EUNA.AS vs. BNDW - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares STOXX Europe 50 UCITS ETF (EUNA.AS) and Vanguard Total World Bond ETF (BNDW). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

EUNA.AS is traded in EUR, while BNDW is traded in USD. To make them comparable, the BNDW values have been converted to EUR using the latest available exchange rates.

Returns By Period

EUNA.AS

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BNDW

• 1D: -0.05%
• 1M: 1.16%
• YTD: 1.62%
• 6M: 0.73%
• 1Y: 1.45%
• 3Y*: 1.23%
• 5Y*: 1.17%
• 10Y*: —

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

EUNA.AS vs. BNDW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
EUNA.AS iShares STOXX Europe 50 UCITS ETF	0.00%	12.22%	8.08%	15.11%	-2.25%	26.64%	-6.34%	26.46%	-6.07%
BNDW Vanguard Total World Bond ETF	1.62%	-7.44%	9.18%	3.97%	-7.48%	5.23%	-2.54%	10.82%	2.61%

Correlation

The correlation between EUNA.AS and BNDW is 0.07, 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	0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (5Y) Calculated over the trailing 5-year period	-0.04
Correlation (All Time) Calculated using the full available price history since Sep 7, 2018	-0.02

The correlation between EUNA.AS and BNDW shifts across timeframes, from -0.04 (5 years) to 0.07 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

EUNA.AS vs. BNDW — Risk / Return Rank

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

BNDW

BNDW Risk / Return Rank: 27
BNDW Sharpe Ratio Rank: 28
BNDW Sortino Ratio Rank: 27
BNDW Omega Ratio Rank: 26
BNDW Calmar Ratio Rank: 27
BNDW Martin Ratio Rank: 26

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.

EUNA.AS vs. BNDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares STOXX Europe 50 UCITS ETF (EUNA.AS) and Vanguard Total World Bond ETF (BNDW). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	EUNA.AS	BNDW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.25	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.15	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.24	—

Drawdowns

Drawdown Indicators

	EUNA.AS	BNDW	Difference
Max Drawdown Largest peak-to-trough decline	—	-13.02%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-4.45%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-11.33%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-12.17%	—
Current Drawdown Current decline from peak	—	-7.59%	—
Average Drawdown Average peak-to-trough decline	—	-5.77%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.64%	—

Volatility

Volatility by Period

	EUNA.AS	BNDW	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.04%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.22%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	5.87%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	8.07%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	7.84%	—

EUNA.AS vs. BNDW - Expense Ratio Comparison

EUNA.AS has a 0.35% expense ratio, which is higher than BNDW's 0.05% expense ratio.

Dividends

EUNA.AS vs. BNDW - Dividend Comparison

EUNA.AS's dividend yield for the trailing twelve months is around 1.21%, less than BNDW's 4.21% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BNDW Vanguard Total World Bond ETF	4.21%	4.12%	3.90%	3.73%	2.02%	2.58%	1.56%	3.05%	1.66%	0.00%	0.00%	0.00%
EUNA.AS iShares STOXX Europe 50 UCITS ETF	1.21%	2.52%	2.68%	2.56%	2.62%	2.22%	2.42%	2.96%	3.51%	3.24%	3.29%	3.05%

Frequently Asked Questions

Can I hold both EUNA.AS and BNDW in my portfolio?

EUNA.AS and BNDW have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EUNA.AS or BNDW?

On fees, BNDW is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EUNA.AS or BNDW?

BNDW is cheaper with a 0.05% expense ratio, compared with 0.35% for EUNA.AS.

What is the main difference between EUNA.AS and BNDW?

EUNA.AS is categorized as Europe Equities, while BNDW is Global Bonds. EUNA.AS tracks MSCI Europe NR EUR, while BNDW tracks Bloomberg Global Aggregate Float Adjusted Composite Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.35% for EUNA.AS and 0.05% for BNDW.