EUNH.DE vs. IBCN.DE
Compare and contrast key facts about iShares Core Euro Government Bond UCITS ETF (Dist) (EUNH.DE) and iShares Euro Government Bond 3-5yr UCITS ETF (IBCN.DE).
EUNH.DE and IBCN.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EUNH.DE is a passively managed fund by iShares that tracks the performance of the Bloomberg Euro Aggregate Treasury. It was launched on Apr 17, 2009. IBCN.DE is a passively managed fund by iShares that tracks the performance of the Bloomberg Euro Government Bond 5. It was launched on Dec 8, 2006. Both EUNH.DE and IBCN.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EUNH.DE or IBCN.DE.
Key characteristics
| EUNH.DE | IBCN.DE | |
|---|---|---|
| YTD Return | 0.51% | 1.53% |
| 1Y Return | 6.33% | 4.77% |
| 3Y Return (Ann) | -4.61% | -1.55% |
| 5Y Return (Ann) | -2.48% | -0.91% |
| 10Y Return (Ann) | 0.23% | 0.14% |
| Sharpe Ratio | 1.25 | 1.41 |
| Sortino Ratio | 1.89 | 2.13 |
| Omega Ratio | 1.21 | 1.27 |
| Calmar Ratio | 0.31 | 0.49 |
| Martin Ratio | 3.48 | 4.74 |
| Ulcer Index | 1.87% | 1.05% |
| Daily Std Dev | 5.23% | 3.50% |
| Max Drawdown | -22.43% | -12.52% |
| Current Drawdown | -15.58% | -5.68% |
Correlation
The correlation between EUNH.DE and IBCN.DE is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
EUNH.DE vs. IBCN.DE - Performance Comparison
In the year-to-date period, EUNH.DE achieves a 0.51% return, which is significantly lower than IBCN.DE's 1.53% return. Over the past 10 years, EUNH.DE has outperformed IBCN.DE with an annualized return of 0.23%, while IBCN.DE has yielded a comparatively lower 0.14% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EUNH.DE vs. IBCN.DE - Expense Ratio Comparison
EUNH.DE has a 0.07% expense ratio, which is lower than IBCN.DE's 0.15% 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%.
Risk-Adjusted Performance
EUNH.DE vs. IBCN.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Euro Government Bond UCITS ETF (Dist) (EUNH.DE) and iShares Euro Government Bond 3-5yr UCITS ETF (IBCN.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.
Dividends
EUNH.DE vs. IBCN.DE - Dividend Comparison
EUNH.DE's dividend yield for the trailing twelve months is around 1.79%, less than IBCN.DE's 2.03% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUNH.DE iShares Core Euro Government Bond UCITS ETF (Dist) | 1.79% | 0.97% | 0.27% | 0.24% | 0.47% | 0.65% | 0.66% | 0.70% | 0.94% | 0.62% | 1.70% | 2.09% |
IBCN.DE iShares Euro Government Bond 3-5yr UCITS ETF | 2.03% | 0.80% | 0.00% | 0.00% | 0.00% | 0.07% | 0.12% | 0.08% | 0.13% | 0.23% | 0.00% | 0.00% |
Drawdowns
EUNH.DE vs. IBCN.DE - Drawdown Comparison
The maximum EUNH.DE drawdown since its inception was -22.43%, which is greater than IBCN.DE's maximum drawdown of -12.52%. Use the drawdown chart below to compare losses from any high point for EUNH.DE and IBCN.DE. For additional features, visit the drawdowns tool.
Volatility
EUNH.DE vs. IBCN.DE - Volatility Comparison
iShares Core Euro Government Bond UCITS ETF (Dist) (EUNH.DE) has a higher volatility of 2.89% compared to iShares Euro Government Bond 3-5yr UCITS ETF (IBCN.DE) at 2.17%. This indicates that EUNH.DE's price experiences larger fluctuations and is considered to be riskier than IBCN.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.