PortfoliosLab logoPortfoliosLab logo
EUNH.DE vs. SXR8.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

EUNH.DE vs. SXR8.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Core Euro Government Bond UCITS ETF (Dist) (EUNH.DE) and iShares Core S&P 500 UCITS ETF USD (Acc) (SXR8.DE). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, EUNH.DE achieves a -0.06% return, which is significantly lower than SXR8.DE's 11.37% return. Over the past 10 years, EUNH.DE has underperformed SXR8.DE with an annualized return of -0.32%, while SXR8.DE has yielded a comparatively higher 14.95% annualized return.


EUNH.DE

1D
0.04%
1M
-0.08%
YTD
-0.06%
6M
0.09%
1Y
0.30%
3Y*
2.35%
5Y*
-2.27%
10Y*
-0.32%

SXR8.DE

1D
-0.15%
1M
4.36%
YTD
11.37%
6M
10.83%
1Y
25.54%
3Y*
18.87%
5Y*
14.77%
10Y*
14.95%
*Multi-year figures are annualized to reflect compound growth (CAGR)

EUNH.DE vs. SXR8.DE - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
EUNH.DE
iShares Core Euro Government Bond UCITS ETF (Dist)
-0.06%0.80%1.52%6.83%-18.32%-3.37%4.72%6.76%0.85%-0.13%
SXR8.DE
iShares Core S&P 500 UCITS ETF USD (Acc)
11.37%4.73%32.32%22.47%-14.31%40.74%6.80%34.49%-1.05%6.67%

Correlation

The correlation between EUNH.DE and SXR8.DE is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.


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

0.23

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

0.13

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

0.09

Correlation (10Y)
Calculated over the trailing 10-year period

0.02

Correlation (All Time)
Calculated using the full available price history since May 28, 2010

0.00

Over the past year, EUNH.DE and SXR8.DE have become more correlated (0.23) than their long-term average of 0.00, meaning their price movements have been converging.

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. SXR8.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EUNH.DE
EUNH.DE Risk / Return Rank: 88
Overall Rank
EUNH.DE Sharpe Ratio Rank: 99
Sharpe Ratio Rank
EUNH.DE Sortino Ratio Rank: 88
Sortino Ratio Rank
EUNH.DE Omega Ratio Rank: 88
Omega Ratio Rank
EUNH.DE Calmar Ratio Rank: 99
Calmar Ratio Rank
EUNH.DE Martin Ratio Rank: 99
Martin Ratio Rank

SXR8.DE
SXR8.DE Risk / Return Rank: 6969
Overall Rank
SXR8.DE Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
SXR8.DE Sortino Ratio Rank: 6767
Sortino Ratio Rank
SXR8.DE Omega Ratio Rank: 7070
Omega Ratio Rank
SXR8.DE Calmar Ratio Rank: 7373
Calmar Ratio Rank
SXR8.DE Martin Ratio Rank: 7070
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.

EUNH.DE vs. SXR8.DE - 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 Core S&P 500 UCITS ETF USD (Acc) (SXR8.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.


EUNH.DESXR8.DEDifference
Sharpe ratioReturn per unit of total volatility

-2.23

Sortino ratioReturn per unit of downside risk

-3.01

Omega ratioGain probability vs. loss probability

1.00

1.41

-0.41

Calmar ratioReturn relative to maximum drawdown

-0.03

3.58

-3.61

Martin ratioReturn relative to average drawdown

-0.08

12.71

-12.79

EUNH.DE vs. SXR8.DE - Sharpe Ratio Comparison

The current EUNH.DE Sharpe Ratio is -0.02, which is lower than the SXR8.DE Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of EUNH.DE and SXR8.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


Loading charts...

Sharpe Ratios by Period


EUNH.DESXR8.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.02

2.21

-2.23

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.35

0.96

-1.32

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.06

0.92

-0.98

Sharpe Ratio (All Time)

Calculated using the full available price history

0.25

0.79

-0.54

Drawdowns

EUNH.DE vs. SXR8.DE - Drawdown Comparison

The maximum EUNH.DE drawdown since its inception was -22.43%, smaller than the maximum SXR8.DE drawdown of -33.78%. Use the drawdown chart below to compare losses from any high point for EUNH.DE and SXR8.DE.


Loading charts...

Drawdown Indicators


EUNH.DESXR8.DEDifference

Max Drawdown

Largest peak-to-trough decline

-22.43%

-33.78%

+11.35%

Max Drawdown (1Y)

Largest decline over 1 year

-3.48%

-7.13%

+3.65%

Max Drawdown (3Y)

Largest decline over 3 years

-4.10%

-23.32%

+19.22%

Max Drawdown (5Y)

Largest decline over 5 years

-21.53%

-23.32%

+1.79%

Max Drawdown (10Y)

Largest decline over 10 years

-22.43%

-33.78%

+11.35%

Current Drawdown

Current decline from peak

-14.10%

-0.45%

-13.65%

Average Drawdown

Average peak-to-trough decline

-5.97%

-5.17%

-0.80%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.35%

2.01%

-0.66%

Volatility

EUNH.DE vs. SXR8.DE - Volatility Comparison

The current volatility for iShares Core Euro Government Bond UCITS ETF (Dist) (EUNH.DE) is 1.72%, while iShares Core S&P 500 UCITS ETF USD (Acc) (SXR8.DE) has a volatility of 2.65%. This indicates that EUNH.DE experiences smaller price fluctuations and is considered to be less risky than SXR8.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading charts...

Volatility by Period


EUNH.DESXR8.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.72%

2.65%

-0.93%

Volatility (6M)

Calculated over the trailing 6-month period

3.70%

7.57%

-3.87%

Volatility (1Y)

Calculated over the trailing 1-year period

4.37%

11.56%

-7.19%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.34%

15.16%

-8.82%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.52%

16.09%

-10.57%

EUNH.DE vs. SXR8.DE - Expense Ratio Comparison

Both EUNH.DE and SXR8.DE have an expense ratio of 0.07%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


Dividends

EUNH.DE vs. SXR8.DE - Dividend Comparison

EUNH.DE's dividend yield for the trailing twelve months is around 2.49%, while SXR8.DE has not paid dividends to shareholders.


PositionTTM20252024202320222021202020192018201720162015
EUNH.DE
iShares Core Euro Government Bond UCITS ETF (Dist)
2.49%2.30%1.77%0.97%0.27%0.24%0.47%0.65%0.66%0.70%0.94%0.62%
SXR8.DE
iShares Core S&P 500 UCITS ETF USD (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%

Frequently Asked Questions


EUNH.DE and SXR8.DE have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Both ETFs have the same 0.07% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

EUNH.DE and SXR8.DE have the same expense ratio: 0.07% per year.

EUNH.DE is categorized as European Government Bonds, while SXR8.DE is S&P 500. EUNH.DE tracks Bloomberg Euro Aggregate Treasury, while SXR8.DE tracks S&P 500 Index.

Portfolio Optimizer

Find the right allocation for EUNH.DE and SXR8.DE

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