EUNH.DE vs. ISP6.L
EUNH.DE (iShares Core Euro Government Bond UCITS ETF (Dist)) and ISP6.L (iShares S&P SmallCap 600 UCITS ETF) are both exchange-traded funds - EUNH.DE is a European Government Bonds fund tracking the Bloomberg Euro Aggregate Treasury, while ISP6.L is a Small Cap Blend Equities fund tracking the Russell 2000 TR USD. Both are passively managed. Over the past 10 years, EUNH.DE returned -0.68%/yr vs 9.79%/yr for ISP6.L. At a correlation of -0.01, they often move in opposite directions. EUNH.DE charges 0.07%/yr vs 0.40%/yr for ISP6.L.
Performance
EUNH.DE vs. ISP6.L - Performance Comparison
Loading charts...
Different Trading Currencies
EUNH.DE is traded in EUR, while ISP6.L is traded in GBp. To make them comparable, the ISP6.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, EUNH.DE achieves a -1.68% return, which is significantly lower than ISP6.L's 22.68% return. Over the past 10 years, EUNH.DE has underperformed ISP6.L with an annualized return of -0.68%, while ISP6.L has yielded a comparatively higher 9.79% annualized return.
EUNH.DE
- 1D
- 0.05%
- 1M
- -1.17%
- 6M
- -0.68%
- YTD
- -1.68%
- 1Y
- -1.04%
- 3Y*
- 1.61%
- 5Y*
- -2.85%
- 10Y*
- -0.68%
ISP6.L
- 1D
- -1.25%
- 1M
- 3.20%
- 6M
- 15.15%
- YTD
- 22.68%
- 1Y
- 31.69%
- 3Y*
- 12.58%
- 5Y*
- 7.94%
- 10Y*
- 9.79%
EUNH.DE vs. ISP6.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EUNH.DE iShares Core Euro Government Bond UCITS ETF (Dist) | -1.68% | 0.80% | 1.52% | 6.83% | -18.31% | -3.38% | 4.72% | 6.76% | 0.86% | -0.13% |
ISP6.L iShares S&P SmallCap 600 UCITS ETF | 22.68% | -6.07% | 14.01% | 13.33% | -11.53% | 36.18% | 1.06% | 24.98% | -5.73% | -1.01% |
Correlation
The correlation between EUNH.DE and ISP6.L is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Apr 17, 2009 | -0.01 |
The correlation between EUNH.DE and ISP6.L shifts across timeframes, from -0.01 (all time) to 0.29 (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
EUNH.DE vs. ISP6.L — Risk / Return Rank
EUNH.DE
ISP6.L
EUNH.DE vs. ISP6.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Euro Government Bond UCITS ETF (Dist) (EUNH.DE) and iShares S&P SmallCap 600 UCITS ETF (ISP6.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.
| EUNH.DE | ISP6.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.29 | ||
| Sortino ratioReturn per unit of downside risk | -3.17 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.36 | -0.40 |
| Calmar ratioReturn relative to maximum drawdown | -0.32 | 5.15 | -5.48 |
| Martin ratioReturn relative to average drawdown | -0.74 | 14.60 | -15.34 |
Loading charts...
Drawdowns
EUNH.DE vs. ISP6.L - Drawdown Comparison
The maximum EUNH.DE drawdown since its inception was -22.42%, smaller than the maximum ISP6.L drawdown of -70.50%. Use the drawdown chart below to compare losses from any high point for EUNH.DE and ISP6.L.
Loading charts...
Drawdown Indicators
| EUNH.DE | ISP6.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.42% | -70.50% | +48.08% |
Max Drawdown (1Y)Largest decline over 1 year | -3.59% | -6.12% | +2.53% |
Max Drawdown (3Y)Largest decline over 3 years | -4.10% | -32.44% | +28.34% |
Max Drawdown (5Y)Largest decline over 5 years | -21.53% | -32.44% | +10.91% |
Max Drawdown (10Y)Largest decline over 10 years | -22.42% | -41.30% | +18.88% |
Current DrawdownCurrent decline from peak | -15.48% | -2.65% | -12.83% |
Average DrawdownAverage peak-to-trough decline | -5.88% | -17.36% | +11.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.57% | 2.17% | -0.60% |
Volatility
EUNH.DE vs. ISP6.L - Volatility Comparison
The current volatility for iShares Core Euro Government Bond UCITS ETF (Dist) (EUNH.DE) is 1.12%, while iShares S&P SmallCap 600 UCITS ETF (ISP6.L) has a volatility of 4.51%. This indicates that EUNH.DE experiences smaller price fluctuations and is considered to be less risky than ISP6.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EUNH.DE | ISP6.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.12% | 4.51% | -3.39% |
Volatility (6M)Calculated over the trailing 6-month period | 3.74% | 10.90% | -7.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.55% | 15.83% | -11.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.37% | 19.92% | -13.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.52% | 21.25% | -15.73% |
EUNH.DE vs. ISP6.L - Expense Ratio Comparison
EUNH.DE has a 0.07% expense ratio, which is lower than ISP6.L's 0.40% expense ratio.
Dividends
EUNH.DE vs. ISP6.L - Dividend Comparison
EUNH.DE's dividend yield for the trailing twelve months is around 1.31%, more than ISP6.L's 0.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUNH.DE iShares Core Euro Government Bond UCITS ETF (Dist) | 1.31% | 2.30% | 1.77% | 0.97% | 0.27% | 0.24% | 0.47% | 0.65% | 0.66% | 0.70% | 0.94% | 0.62% |
ISP6.L iShares S&P SmallCap 600 UCITS ETF | 0.53% | 1.22% | 1.15% | 1.08% | 1.00% | 0.65% | 0.94% | 0.97% | 0.96% | 0.78% | 0.77% | 0.53% |
Frequently Asked Questions
EUNH.DE and ISP6.L have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUNH.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUNH.DE is cheaper with a 0.07% expense ratio, compared with 0.40% for ISP6.L.
EUNH.DE is categorized as European Government Bonds, while ISP6.L is Small Cap Blend Equities. EUNH.DE tracks Bloomberg Euro Aggregate Treasury, while ISP6.L tracks Russell 2000 TR USD. Their fees differ too: 0.07% for EUNH.DE and 0.40% for ISP6.L.
Find the right allocation for EUNH.DE and ISP6.L
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