EUNL.DE vs. ABEA.DE
EUNL.DE (iShares Core MSCI World UCITS ETF USD (Acc)) is Global Equities fund tracking the MSCI World Index, while ABEA.DE (Alphabet Inc Class A) is a stock. Over the past 10 years, EUNL.DE returned 13.12%/yr vs 26.34%/yr for ABEA.DE. A 0.61 correlation means they provide meaningful diversification when combined.
Performance
EUNL.DE vs. ABEA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EUNL.DE achieves a 11.17% return, which is significantly lower than ABEA.DE's 20.52% return. Over the past 10 years, EUNL.DE has underperformed ABEA.DE with an annualized return of 13.12%, while ABEA.DE has yielded a comparatively higher 26.34% annualized return.
EUNL.DE
- 1D
- 1.11%
- 1M
- 2.65%
- YTD
- 11.17%
- 6M
- 12.56%
- 1Y
- 25.26%
- 3Y*
- 17.19%
- 5Y*
- 12.67%
- 10Y*
- 13.12%
ABEA.DE
- 1D
- 1.63%
- 1M
- -6.15%
- YTD
- 20.52%
- 6M
- 22.54%
- 1Y
- 111.19%
- 3Y*
- 41.67%
- 5Y*
- 26.42%
- 10Y*
- 26.34%
EUNL.DE vs. ABEA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EUNL.DE iShares Core MSCI World UCITS ETF USD (Acc) | 11.17% | 7.91% | 25.93% | 20.12% | -13.59% | 32.72% | 5.48% | 31.35% | -5.13% | 7.71% |
ABEA.DE Alphabet Inc Class A | 20.52% | 46.64% | 44.40% | 54.77% | -36.91% | 80.66% | 18.64% | 31.56% | 4.52% | 16.35% |
Correlation
The correlation between EUNL.DE and ABEA.DE is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Sep 25, 2009 | 0.61 |
Over the past year, the correlation between EUNL.DE and ABEA.DE has dropped to 0.41 - well below their long-term average of 0.61, suggesting their price drivers have been diverging.
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Return for Risk
EUNL.DE vs. ABEA.DE — Risk / Return Rank
EUNL.DE
ABEA.DE
EUNL.DE vs. ABEA.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 Alphabet Inc Class A (ABEA.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 | ABEA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.73 | ||
| Sortino ratioReturn per unit of downside risk | -2.00 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.62 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 4.04 | 6.39 | -2.34 |
| Martin ratioReturn relative to average drawdown | 16.31 | 21.06 | -4.75 |
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Drawdowns
EUNL.DE vs. ABEA.DE - Drawdown Comparison
The maximum EUNL.DE drawdown since its inception was -33.63%, smaller than the maximum ABEA.DE drawdown of -59.53%. Use the drawdown chart below to compare losses from any high point for EUNL.DE and ABEA.DE.
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Drawdown Indicators
| EUNL.DE | ABEA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.63% | -59.53% | +25.90% |
Max Drawdown (1Y)Largest decline over 1 year | -6.22% | -17.32% | +11.10% |
Max Drawdown (3Y)Largest decline over 3 years | -21.73% | -33.71% | +11.98% |
Max Drawdown (5Y)Largest decline over 5 years | -21.73% | -38.63% | +16.90% |
Max Drawdown (10Y)Largest decline over 10 years | -33.63% | -38.63% | +5.00% |
Current DrawdownCurrent decline from peak | -0.02% | -7.42% | +7.40% |
Average DrawdownAverage peak-to-trough decline | -4.22% | -12.82% | +8.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.54% | 5.26% | -3.72% |
Volatility
EUNL.DE vs. ABEA.DE - Volatility Comparison
The current volatility for iShares Core MSCI World UCITS ETF USD (Acc) (EUNL.DE) is 3.14%, while Alphabet Inc Class A (ABEA.DE) has a volatility of 9.31%. This indicates that EUNL.DE experiences smaller price fluctuations and is considered to be less risky than ABEA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EUNL.DE | ABEA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.14% | 9.31% | -6.17% |
Volatility (6M)Calculated over the trailing 6-month period | 8.04% | 18.73% | -10.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.33% | 28.00% | -16.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.19% | 29.74% | -15.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.17% | 27.77% | -12.60% |
Dividends
EUNL.DE vs. ABEA.DE - Dividend Comparison
EUNL.DE has not paid dividends to shareholders, while ABEA.DE's dividend yield for the trailing twelve months is around 0.23%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
ABEA.DE Alphabet Inc Class A | 0.23% | 0.27% | 0.30% |
EUNL.DE iShares Core MSCI World UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EUNL.DE and ABEA.DE have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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