EUNA.DE vs. HO.PA
EUNA.DE (iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc) is Global Bonds fund tracking the Bloomberg Global Aggregate Bond (EUR Hedged), while HO.PA (Thales S.A.) is a stock. Over the past 5 years, EUNA.DE returned -1.28%/yr vs 24.33%/yr for HO.PA. At a correlation of -0.01, they often move in opposite directions.
Performance
EUNA.DE vs. HO.PA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EUNA.DE achieves a -0.20% return, which is significantly lower than HO.PA's 1.72% return.
EUNA.DE
- 1D
- 0.41%
- 1M
- 1.23%
- YTD
- -0.20%
- 6M
- 0.41%
- 1Y
- 1.44%
- 3Y*
- 2.41%
- 5Y*
- -1.28%
- 10Y*
- —
HO.PA
- 1D
- -1.75%
- 1M
- 6.54%
- YTD
- 1.72%
- 6M
- 1.06%
- 1Y
- -6.32%
- 3Y*
- 21.72%
- 5Y*
- 24.33%
- 10Y*
- 14.41%
EUNA.DE vs. HO.PA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EUNA.DE iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc | -0.20% | 2.91% | 1.48% | 4.41% | -13.52% | -2.42% | 3.86% | 5.07% | -1.20% | -0.20% |
HO.PA Thales S.A. | 1.72% | 68.36% | 5.76% | 14.78% | 63.17% | 2.31% | -18.62% | -7.22% | 15.39% | 2.68% |
Correlation
The correlation between EUNA.DE and HO.PA is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Nov 21, 2017 | -0.01 |
The correlation between EUNA.DE and HO.PA shifts across timeframes, from -0.01 (all time) to 0.18 (1 year), 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
EUNA.DE vs. HO.PA — Risk / Return Rank
EUNA.DE
HO.PA
EUNA.DE vs. HO.PA - 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 Thales S.A. (HO.PA). 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 | HO.PA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.59 | ||
| Sortino ratioReturn per unit of downside risk | +0.65 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 0.99 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.51 | -0.32 | +0.83 |
| Martin ratioReturn relative to average drawdown | 1.42 | -0.62 | +2.04 |
Loading charts...
Drawdowns
EUNA.DE vs. HO.PA - Drawdown Comparison
The maximum EUNA.DE drawdown since its inception was -17.81%, smaller than the maximum HO.PA drawdown of -53.77%. Use the drawdown chart below to compare losses from any high point for EUNA.DE and HO.PA.
Loading charts...
Drawdown Indicators
| EUNA.DE | HO.PA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.81% | -53.77% | +35.96% |
Max Drawdown (1Y)Largest decline over 1 year | -2.80% | -19.60% | +16.80% |
Max Drawdown (3Y)Largest decline over 3 years | -4.11% | -20.55% | +16.44% |
Max Drawdown (5Y)Largest decline over 5 years | -17.04% | -21.97% | +4.93% |
Max Drawdown (10Y)Largest decline over 10 years | — | -53.77% | — |
Current DrawdownCurrent decline from peak | -8.35% | -14.01% | +5.66% |
Average DrawdownAverage peak-to-trough decline | -6.70% | -15.83% | +9.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.01% | 10.06% | -9.05% |
Volatility
EUNA.DE vs. HO.PA - Volatility Comparison
The current volatility for iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (EUNA.DE) is 1.22%, while Thales S.A. (HO.PA) has a volatility of 7.84%. This indicates that EUNA.DE experiences smaller price fluctuations and is considered to be less risky than HO.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EUNA.DE | HO.PA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.22% | 7.84% | -6.62% |
Volatility (6M)Calculated over the trailing 6-month period | 2.95% | 23.74% | -20.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.72% | 31.20% | -27.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.84% | 28.24% | -23.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.45% | 27.59% | -23.14% |
Dividends
EUNA.DE vs. HO.PA - Dividend Comparison
EUNA.DE has not paid dividends to shareholders, while HO.PA's dividend yield for the trailing twelve months is around 1.69%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HO.PA Thales S.A. | 1.69% | 1.65% | 2.49% | 2.27% | 2.23% | 2.62% | 0.53% | 2.36% | 1.76% | 1.84% | 1.53% | 1.64% |
Frequently Asked Questions
EUNA.DE and HO.PA have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for EUNA.DE and HO.PA
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