EUNA.DE vs. EFRN.DE
EUNA.DE (iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc) and EFRN.DE (iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist)) are both exchange-traded funds - EUNA.DE is a Global Bonds fund tracking the Bloomberg Global Aggregate Bond (EUR Hedged), while EFRN.DE is a European Corporate Bonds fund tracking the Bloomberg Euro Agg Corp 1-3 Yr TR EUR. Both are passively managed. Over the past 5 years, EUNA.DE returned -1.17%/yr vs 2.39%/yr for EFRN.DE. At a 0.02 correlation, their price movements are largely independent. Both charge a 0.10% expense ratio.
Performance
EUNA.DE vs. EFRN.DE - Performance Comparison
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Returns By Period
EUNA.DE
- 1D
- 0.00%
- 1M
- 0.81%
- YTD
- -0.00%
- 6M
- 0.41%
- 1Y
- 1.23%
- 3Y*
- 2.33%
- 5Y*
- -1.17%
- 10Y*
- —
EFRN.DE
- 1D
- 0.20%
- 1M
- 0.40%
- YTD
- 1.22%
- 6M
- 1.42%
- 1Y
- 2.72%
- 3Y*
- 3.68%
- 5Y*
- 2.39%
- 10Y*
- —
EUNA.DE vs. EFRN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
EUNA.DE iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc | -0.00% | 2.91% | 1.48% | 4.41% | -13.52% | -2.42% | 3.86% | 5.07% | 0.20% |
EFRN.DE iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist) | 1.22% | 2.91% | 4.29% | 4.00% | -0.00% | -0.20% | 0.00% | 1.01% | -0.80% |
Correlation
The correlation between EUNA.DE and EFRN.DE is -0.03, 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 | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Jun 27, 2018 | 0.02 |
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Return for Risk
EUNA.DE vs. EFRN.DE — Risk / Return Rank
EUNA.DE
EFRN.DE
EUNA.DE vs. EFRN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (EUNA.DE) and iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist) (EFRN.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.
| EUNA.DE | EFRN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.33 | ||
| Sortino ratioReturn per unit of downside risk | -2.09 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.49 | -0.43 |
| Calmar ratioReturn relative to maximum drawdown | 0.44 | 7.30 | -6.86 |
| Martin ratioReturn relative to average drawdown | 1.18 | 27.93 | -26.75 |
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Drawdowns
EUNA.DE vs. EFRN.DE - Drawdown Comparison
The maximum EUNA.DE drawdown since its inception was -17.81%, which is greater than EFRN.DE's maximum drawdown of -5.58%. Use the drawdown chart below to compare losses from any high point for EUNA.DE and EFRN.DE.
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Drawdown Indicators
| EUNA.DE | EFRN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.81% | -5.58% | -12.23% |
Max Drawdown (1Y)Largest decline over 1 year | -2.80% | -0.37% | -2.43% |
Max Drawdown (3Y)Largest decline over 3 years | -4.11% | -0.39% | -3.72% |
Max Drawdown (5Y)Largest decline over 5 years | -17.04% | -1.20% | -15.84% |
Current DrawdownCurrent decline from peak | -8.16% | 0.00% | -8.16% |
Average DrawdownAverage peak-to-trough decline | -6.71% | -0.29% | -6.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.03% | 0.10% | +0.93% |
Volatility
EUNA.DE vs. EFRN.DE - Volatility Comparison
iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (EUNA.DE) has a higher volatility of 0.94% compared to iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist) (EFRN.DE) at 0.27%. This indicates that EUNA.DE's price experiences larger fluctuations and is considered to be riskier than EFRN.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EUNA.DE | EFRN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.94% | 0.27% | +0.67% |
Volatility (6M)Calculated over the trailing 6-month period | 2.93% | 1.16% | +1.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.72% | 1.63% | +2.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.84% | 1.46% | +3.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.44% | 1.70% | +2.74% |
EUNA.DE vs. EFRN.DE - Expense Ratio Comparison
Both EUNA.DE and EFRN.DE have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
EUNA.DE vs. EFRN.DE - Dividend Comparison
EUNA.DE has not paid dividends to shareholders, while EFRN.DE's dividend yield for the trailing twelve months is around 2.49%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
EFRN.DE iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist) | 2.49% | 2.88% | 4.22% | 2.93% | 0.00% | 0.00% | 0.00% |
EUNA.DE iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EUNA.DE and EFRN.DE have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.10% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
EUNA.DE and EFRN.DE have the same expense ratio: 0.10% per year.
EUNA.DE is categorized as Global Bonds, while EFRN.DE is European Corporate Bonds. EUNA.DE tracks Bloomberg Global Aggregate Bond (EUR Hedged), while EFRN.DE tracks Bloomberg Euro Agg Corp 1-3 Yr TR EUR.
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