EUNA.DE vs. IBCD.DE
EUNA.DE (iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc) and IBCD.DE (iShares USD Corporate Bond UCITS ETF (Dist)) are both exchange-traded funds - EUNA.DE is a Global Bonds fund tracking the Bloomberg Global Aggregate Bond (EUR Hedged), while IBCD.DE is a Corporate Bonds fund tracking the iBoxx® USD Liquid Investment Grade. Both are passively managed. Over the past 5 years, EUNA.DE returned -1.29%/yr vs 0.50%/yr for IBCD.DE. A 0.52 correlation means they provide meaningful diversification when combined. EUNA.DE charges 0.10%/yr vs 0.20%/yr for IBCD.DE.
Performance
EUNA.DE vs. IBCD.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EUNA.DE achieves a -0.46% return, which is significantly lower than IBCD.DE's 1.30% return.
EUNA.DE
- 1D
- 0.22%
- 1M
- 0.18%
- YTD
- -0.46%
- 6M
- -0.29%
- 1Y
- 1.18%
- 3Y*
- 2.28%
- 5Y*
- -1.29%
- 10Y*
- —
IBCD.DE
- 1D
- 0.20%
- 1M
- 1.10%
- YTD
- 1.30%
- 6M
- 0.40%
- 1Y
- 2.94%
- 3Y*
- 1.65%
- 5Y*
- 0.50%
- 10Y*
- 1.88%
EUNA.DE vs. IBCD.DE - 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 | -0.46% | 2.79% | 1.60% | 4.36% | -13.52% | -2.37% | 3.70% | 5.06% | -1.17% | -0.54% |
IBCD.DE iShares USD Corporate Bond UCITS ETF (Dist) | 1.30% | -4.58% | 6.33% | 4.97% | -12.66% | 6.14% | 0.35% | 20.25% | -0.24% | -1.69% |
Correlation
The correlation between EUNA.DE and IBCD.DE is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2017 | 0.52 |
The correlation between EUNA.DE and IBCD.DE shifts across timeframes, from 0.35 (1 year) to 0.56 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
EUNA.DE vs. IBCD.DE — Risk / Return Rank
EUNA.DE
IBCD.DE
EUNA.DE vs. IBCD.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 USD Corporate Bond UCITS ETF (Dist) (IBCD.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.
| EUNA.DE | IBCD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.09 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.43 | 0.75 | -0.32 |
| Martin ratioReturn relative to average drawdown | 1.18 | 1.78 | -0.60 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EUNA.DE | IBCD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.34 | 0.47 | -0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.28 | 0.05 | -0.33 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.21 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.05 | 0.16 | -0.21 |
Drawdowns
EUNA.DE vs. IBCD.DE - Drawdown Comparison
The maximum EUNA.DE drawdown since its inception was -17.79%, smaller than the maximum IBCD.DE drawdown of -41.86%. Use the drawdown chart below to compare losses from any high point for EUNA.DE and IBCD.DE.
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Drawdown Indicators
| EUNA.DE | IBCD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.79% | -41.86% | +24.07% |
Max Drawdown (1Y)Largest decline over 1 year | -2.75% | -3.93% | +1.18% |
Max Drawdown (3Y)Largest decline over 3 years | -4.02% | -12.36% | +8.34% |
Max Drawdown (5Y)Largest decline over 5 years | -17.03% | -17.12% | +0.09% |
Max Drawdown (10Y)Largest decline over 10 years | — | -17.51% | — |
Current DrawdownCurrent decline from peak | -8.66% | -7.49% | -1.17% |
Average DrawdownAverage peak-to-trough decline | -6.76% | -9.84% | +3.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.99% | 1.65% | -0.66% |
Volatility
EUNA.DE vs. IBCD.DE - Volatility Comparison
iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (EUNA.DE) and iShares USD Corporate Bond UCITS ETF (Dist) (IBCD.DE) have volatilities of 1.35% and 1.33%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EUNA.DE | IBCD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.35% | 1.33% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 2.82% | 4.22% | -1.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.46% | 6.21% | -2.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.64% | 9.18% | -4.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.27% | 9.07% | -4.80% |
EUNA.DE vs. IBCD.DE - Expense Ratio Comparison
EUNA.DE has a 0.10% expense ratio, which is lower than IBCD.DE's 0.20% 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
EUNA.DE vs. IBCD.DE - Dividend Comparison
EUNA.DE has not paid dividends to shareholders, while IBCD.DE's dividend yield for the trailing twelve months is around 4.24%.
| 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% |
IBCD.DE iShares USD Corporate Bond UCITS ETF (Dist) | 4.24% | 4.39% | 4.52% | 4.34% | 3.60% | 2.21% | 2.56% | 3.06% | 3.09% | 3.02% | 2.97% | 3.00% |
Frequently Asked Questions
EUNA.DE and IBCD.DE have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUNA.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUNA.DE is cheaper with a 0.10% expense ratio, compared with 0.20% for IBCD.DE.
EUNA.DE is categorized as Global Bonds, while IBCD.DE is Corporate Bonds. EUNA.DE tracks Bloomberg Global Aggregate Bond (EUR Hedged), while IBCD.DE tracks iBoxx® USD Liquid Investment Grade. Their fees differ too: 0.10% for EUNA.DE and 0.20% for IBCD.DE.
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