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EUNA.DE vs. III.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EUNA.DE vs. III.L

Last updated Jun 16, 2026

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 III.L (3I Group plc) is a stock. Over the past 5 years, EUNA.DE returned -1.28%/yr vs 15.72%/yr for III.L. At a 0.05 correlation, their price movements are largely independent.

Performance

EUNA.DE vs. III.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (EUNA.DE) and 3I Group plc (III.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

EUNA.DE is traded in EUR, while III.L is traded in GBp. To make them comparable, the III.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, EUNA.DE achieves a -0.20% return, which is significantly higher than III.L's -29.27% 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*
—

III.L

1D
-1.11%
1M
4.43%
YTD
-29.27%
6M
-26.35%
1Y
-44.18%
3Y*
6.67%
5Y*
15.72%
10Y*
18.30%
*Multi-year figures are annualized to reflect compound growth (CAGR)

EUNA.DE vs. III.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
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%
III.L
3I Group plc		-29.27%-11.32%57.36%89.39%-8.43%37.38%3.42%56.48%-12.85%0.49%

Correlation

The correlation between EUNA.DE and III.L is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.19

Correlation (3Y)
Calculated over the trailing 3-year period

0.14

Correlation (5Y)
Calculated over the trailing 5-year period

0.12

Correlation (All Time)
Calculated using the full available price history since Nov 21, 2017

0.05

The correlation between EUNA.DE and III.L shifts across timeframes, from 0.05 (all time) to 0.19 (1 year), reflecting how their relationship changes across market environments.

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iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc

3I Group plc

Often compared with EUNA.DE:
EUNA.DE vs. VAGF.DEEUNA.DE vs. DBZB.DEEUNA.DE vs. EUNU.DEEUNA.DE vs. XHYG.DEEUNA.DE vs. VECA.DEEUNA.DE vs. VEUA.LEUNA.DE vs. VCPA.L
Often compared with III.L:
III.L vs. KKRIII.L vs. BRK-BIII.L vs. JGGI.LIII.L vs. PGHN.SWIII.L vs. AIE.LIII.L vs. IGC.LIII.L vs. SMH

Return for Risk

EUNA.DE vs. III.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EUNA.DE
EUNA.DE Risk / Return Rank: 1515
Overall Rank
EUNA.DE Sharpe Ratio Rank: 1515
Sharpe Ratio Rank
EUNA.DE Sortino Ratio Rank: 1414
Sortino Ratio Rank
EUNA.DE Omega Ratio Rank: 1414
Omega Ratio Rank
EUNA.DE Calmar Ratio Rank: 1616
Calmar Ratio Rank
EUNA.DE Martin Ratio Rank: 1616
Martin Ratio Rank
III.L
III.L Risk / Return Rank: 77
Overall Rank
III.L Sharpe Ratio Rank: 55
Sharpe Ratio Rank
III.L Sortino Ratio Rank: 88
Sortino Ratio Rank
III.L Omega Ratio Rank: 66
Omega Ratio Rank
III.L Calmar Ratio Rank: 1111
Calmar Ratio Rank
III.L Martin Ratio Rank: 44
Martin Ratio Rank
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.DE vs. III.L - 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 3I Group plc (III.L). 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.DEIII.LDifference
Sharpe ratioReturn per unit of total volatility
0.39
-1.01

+1.39

Sortino ratioReturn per unit of downside risk
0.58
-1.34

+1.92

Omega ratioGain probability vs. loss probability

1.07

0.80

+0.27

Calmar ratioReturn relative to maximum drawdown

0.51

-0.84

+1.35

Martin ratioReturn relative to average drawdown

1.42

-1.65

+3.07

EUNA.DE vs. III.L - Sharpe Ratio Comparison

The current EUNA.DE Sharpe Ratio is 0.39, which is higher than the III.L Sharpe Ratio of -1.01. The chart below compares the historical Sharpe Ratios of EUNA.DE and III.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

EUNA.DE vs. III.L - Drawdown Comparison

The maximum EUNA.DE drawdown since its inception was -17.81%, smaller than the maximum III.L drawdown of -82.86%. Use the drawdown chart below to compare losses from any high point for EUNA.DE and III.L.

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Drawdown Indicators

EUNA.DEIII.LDifference

Max Drawdown

Largest peak-to-trough decline

-17.81%

-82.86%

+65.05%

Max Drawdown (1Y)

Largest decline over 1 year

-2.80%

-52.49%

+49.69%

Max Drawdown (3Y)

Largest decline over 3 years

-4.11%

-52.49%

+48.38%

Max Drawdown (5Y)

Largest decline over 5 years

-17.04%

-52.49%

+35.45%

Max Drawdown (10Y)

Largest decline over 10 years

—

-54.70%

—

Current Drawdown

Current decline from peak

-8.35%

-47.63%

+39.28%

Average Drawdown

Average peak-to-trough decline

-6.70%

-20.29%

+13.59%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.01%

26.81%

-25.80%

Volatility

EUNA.DE vs. III.L - Volatility Comparison

The current volatility for iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (EUNA.DE) is 1.22%, while 3I Group plc (III.L) has a volatility of 12.43%. This indicates that EUNA.DE experiences smaller price fluctuations and is considered to be less risky than III.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

EUNA.DEIII.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.22%

12.43%

-11.21%

Volatility (6M)

Calculated over the trailing 6-month period

2.95%

37.37%

-34.42%

Volatility (1Y)

Calculated over the trailing 1-year period

3.72%

43.76%

-40.04%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.84%

31.51%

-26.67%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.45%

31.86%

-27.41%

Dividends

EUNA.DE vs. III.L - Dividend Comparison

EUNA.DE has not paid dividends to shareholders, while III.L's dividend yield for the trailing twelve months is around 3.46%.

PositionTTM20252024202320222021202020192018201720162015
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%
III.L
3I Group plc		3.46%2.42%1.82%2.32%3.76%2.78%3.02%3.42%4.78%2.90%3.41%2.37%

Frequently Asked Questions

EUNA.DE and III.L have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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