EUNI.DE vs. AVEE
EUNI.DE (iShares MSCI Emerging Markets Small Cap UCITS ETF) and AVEE (Avantis Emerging Markets Small Cap Equity ETF) are both exchange-traded funds - EUNI.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Small Cap, while AVEE is a Emerging Markets Diversified fund actively managed by Avantis. EUNI.DE is passively managed, while AVEE is actively managed. Over the past year, EUNI.DE returned 25.77% vs 23.73% for AVEE. A 0.70 correlation means they provide meaningful diversification when combined. EUNI.DE charges 0.74%/yr vs 0.42%/yr for AVEE.
Performance
EUNI.DE vs. AVEE - Performance Comparison
Loading charts...
Different Trading Currencies
EUNI.DE is traded in EUR, while AVEE is traded in USD. To make them comparable, the AVEE values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, EUNI.DE achieves a 16.80% return, which is significantly higher than AVEE's 15.82% return.
EUNI.DE
- 1D
- -0.41%
- 1M
- 0.36%
- YTD
- 16.80%
- 6M
- 16.35%
- 1Y
- 25.77%
- 3Y*
- 13.85%
- 5Y*
- 7.89%
- 10Y*
- 8.99%
AVEE
- 1D
- 0.47%
- 1M
- 0.09%
- YTD
- 15.82%
- 6M
- 15.43%
- 1Y
- 23.73%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EUNI.DE vs. AVEE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
EUNI.DE iShares MSCI Emerging Markets Small Cap UCITS ETF | 16.80% | 6.21% | 8.18% | 4.52% |
AVEE Avantis Emerging Markets Small Cap Equity ETF | 15.82% | 5.58% | 9.71% | 3.70% |
Correlation
The correlation between EUNI.DE and AVEE is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 2023 | 0.70 |
The correlation between EUNI.DE and AVEE has been stable across timeframes, ranging from 0.70 to 0.76 - a consistent structural relationship.
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
EUNI.DE vs. AVEE — Risk / Return Rank
EUNI.DE
AVEE
EUNI.DE vs. AVEE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Emerging Markets Small Cap UCITS ETF (EUNI.DE) and Avantis Emerging Markets Small Cap Equity ETF (AVEE). 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.
| EUNI.DE | AVEE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.29 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.23 | 3.00 | +0.22 |
| Martin ratioReturn relative to average drawdown | 10.53 | 9.02 | +1.50 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EUNI.DE | AVEE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.56 | 1.54 | +0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.89 | -0.48 |
Drawdowns
EUNI.DE vs. AVEE - Drawdown Comparison
The maximum EUNI.DE drawdown since its inception was -41.89%, which is greater than AVEE's maximum drawdown of -19.71%. Use the drawdown chart below to compare losses from any high point for EUNI.DE and AVEE.
Loading charts...
Drawdown Indicators
| EUNI.DE | AVEE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.89% | -19.71% | -22.18% |
Max Drawdown (1Y)Largest decline over 1 year | -7.95% | -7.94% | -0.01% |
Max Drawdown (3Y)Largest decline over 3 years | -21.15% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -21.15% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -41.89% | — | — |
Current DrawdownCurrent decline from peak | -2.54% | -1.46% | -1.08% |
Average DrawdownAverage peak-to-trough decline | -10.57% | -2.92% | -7.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.44% | 2.64% | -0.20% |
Volatility
EUNI.DE vs. AVEE - Volatility Comparison
iShares MSCI Emerging Markets Small Cap UCITS ETF (EUNI.DE) has a higher volatility of 6.91% compared to Avantis Emerging Markets Small Cap Equity ETF (AVEE) at 5.75%. This indicates that EUNI.DE's price experiences larger fluctuations and is considered to be riskier than AVEE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EUNI.DE | AVEE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.91% | 5.75% | +1.16% |
Volatility (6M)Calculated over the trailing 6-month period | 14.01% | 12.55% | +1.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.45% | 15.47% | +0.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.21% | 15.56% | -0.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.84% | 15.56% | +1.28% |
EUNI.DE vs. AVEE - Expense Ratio Comparison
EUNI.DE has a 0.74% expense ratio, which is higher than AVEE's 0.42% expense ratio.
Dividends
EUNI.DE vs. AVEE - Dividend Comparison
EUNI.DE's dividend yield for the trailing twelve months is around 0.81%, less than AVEE's 2.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVEE Avantis Emerging Markets Small Cap Equity ETF | 2.02% | 2.25% | 3.26% | 0.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EUNI.DE iShares MSCI Emerging Markets Small Cap UCITS ETF | 0.81% | 1.83% | 1.74% | 2.11% | 2.47% | 1.23% | 1.77% | 2.02% | 2.14% | 1.45% | 2.00% | 0.85% |
Frequently Asked Questions
EUNI.DE and AVEE have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AVEE is cheaper at 0.42% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AVEE is cheaper with a 0.42% expense ratio, compared with 0.74% for EUNI.DE.
EUNI.DE is categorized as Emerging Markets Equities, while AVEE is Emerging Markets Diversified. They also come from different issuers: iShares and Avantis. Their fees differ too: 0.74% for EUNI.DE and 0.42% for AVEE.
Find the right allocation for EUNI.DE and AVEE
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