EUNL.DE vs. 36BE.DE
EUNL.DE (iShares Core MSCI World UCITS ETF USD (Acc)) and 36BE.DE (iShares USD Corporate Bond ESG UCITS ETF Dist) are both exchange-traded funds - EUNL.DE is a Global Equities fund tracking the MSCI World Index, while 36BE.DE is a Corporate Bonds fund tracking the Bloomberg MSCI US Corporate Sustainable SRI. Both are passively managed. Over the past 5 years, EUNL.DE returned 12.47%/yr vs 1.19%/yr for 36BE.DE. At a 0.19 correlation, their price movements are largely independent. EUNL.DE charges 0.20%/yr vs 0.15%/yr for 36BE.DE.
Performance
EUNL.DE vs. 36BE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EUNL.DE achieves a 9.95% return, which is significantly higher than 36BE.DE's 1.93% return.
EUNL.DE
- 1D
- 1.66%
- 1M
- 1.52%
- YTD
- 9.95%
- 6M
- 11.17%
- 1Y
- 23.88%
- 3Y*
- 16.77%
- 5Y*
- 12.47%
- 10Y*
- 12.99%
36BE.DE
- 1D
- -0.27%
- 1M
- 1.10%
- YTD
- 1.93%
- 6M
- 2.48%
- 1Y
- 4.96%
- 3Y*
- 2.76%
- 5Y*
- 1.19%
- 10Y*
- —
EUNL.DE vs. 36BE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EUNL.DE iShares Core MSCI World UCITS ETF USD (Acc) | 9.95% | 7.91% | 25.93% | 20.12% | -13.59% | 32.72% | 12.62% |
36BE.DE iShares USD Corporate Bond ESG UCITS ETF Dist | 1.93% | -4.42% | 8.07% | 4.41% | -9.68% | 6.56% | -4.02% |
Correlation
The correlation between EUNL.DE and 36BE.DE is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Mar 6, 2020 | 0.19 |
The correlation between EUNL.DE and 36BE.DE shifts across timeframes, from 0.19 (all time) to 0.33 (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
EUNL.DE vs. 36BE.DE — Risk / Return Rank
EUNL.DE
36BE.DE
EUNL.DE vs. 36BE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI World UCITS ETF USD (Acc) (EUNL.DE) and iShares USD Corporate Bond ESG UCITS ETF Dist (36BE.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.
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.
| EUNL.DE | 36BE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.22 | ||
| Sortino ratioReturn per unit of downside risk | +1.60 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.17 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 3.74 | 1.54 | +2.20 |
| Martin ratioReturn relative to average drawdown | 15.11 | 3.99 | +11.11 |
Loading charts...
Drawdowns
EUNL.DE vs. 36BE.DE - Drawdown Comparison
The maximum EUNL.DE drawdown since its inception was -33.63%, which is greater than 36BE.DE's maximum drawdown of -12.94%. Use the drawdown chart below to compare losses from any high point for EUNL.DE and 36BE.DE.
Loading charts...
Drawdown Indicators
| EUNL.DE | 36BE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.63% | -12.94% | -20.69% |
Max Drawdown (1Y)Largest decline over 1 year | -6.22% | -3.21% | -3.01% |
Max Drawdown (3Y)Largest decline over 3 years | -21.73% | -11.33% | -10.40% |
Max Drawdown (5Y)Largest decline over 5 years | -21.73% | -12.94% | -8.79% |
Max Drawdown (10Y)Largest decline over 10 years | -33.63% | — | — |
Current DrawdownCurrent decline from peak | -1.13% | -5.16% | +4.03% |
Average DrawdownAverage peak-to-trough decline | -4.22% | -5.91% | +1.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.54% | 1.24% | +0.30% |
Volatility
EUNL.DE vs. 36BE.DE - Volatility Comparison
iShares Core MSCI World UCITS ETF USD (Acc) (EUNL.DE) has a higher volatility of 3.08% compared to iShares USD Corporate Bond ESG UCITS ETF Dist (36BE.DE) at 1.23%. This indicates that EUNL.DE's price experiences larger fluctuations and is considered to be riskier than 36BE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EUNL.DE | 36BE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.08% | 1.23% | +1.85% |
Volatility (6M)Calculated over the trailing 6-month period | 7.98% | 4.04% | +3.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.31% | 5.84% | +5.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.18% | 8.21% | +5.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.16% | 8.91% | +6.25% |
EUNL.DE vs. 36BE.DE - Expense Ratio Comparison
EUNL.DE has a 0.20% expense ratio, which is higher than 36BE.DE's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EUNL.DE vs. 36BE.DE - Dividend Comparison
EUNL.DE has not paid dividends to shareholders, while 36BE.DE's dividend yield for the trailing twelve months is around 4.90%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
36BE.DE iShares USD Corporate Bond ESG UCITS ETF Dist | 4.90% | 4.92% | 4.68% | 4.25% | 2.85% | 1.70% | 1.43% |
EUNL.DE iShares Core MSCI World UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EUNL.DE and 36BE.DE have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 36BE.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
36BE.DE is cheaper with a 0.15% expense ratio, compared with 0.20% for EUNL.DE.
EUNL.DE is categorized as Global Equities, while 36BE.DE is Corporate Bonds. EUNL.DE tracks MSCI World Index, while 36BE.DE tracks Bloomberg MSCI US Corporate Sustainable SRI. Their fees differ too: 0.20% for EUNL.DE and 0.15% for 36BE.DE.
Find the right allocation for EUNL.DE and 36BE.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