EUNL.DE vs. ADBE
EUNL.DE (iShares Core MSCI World UCITS ETF USD (Acc)) is Global Equities fund tracking the MSCI World Index, while ADBE (Adobe Inc) is a stock. Over the past 10 years, EUNL.DE returned 13.12%/yr vs 7.70%/yr for ADBE. At a 0.40 correlation, their price movements are largely independent.
Performance
EUNL.DE vs. ADBE - Performance Comparison
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Different Trading Currencies
EUNL.DE is traded in EUR, while ADBE is traded in USD. To make them comparable, the ADBE values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, EUNL.DE achieves a 11.17% return, which is significantly higher than ADBE's -40.26% return. Over the past 10 years, EUNL.DE has outperformed ADBE with an annualized return of 13.12%, while ADBE has yielded a comparatively lower 7.70% 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%
ADBE
- 1D
- 0.92%
- 1M
- -16.41%
- YTD
- -40.26%
- 6M
- -40.42%
- 1Y
- -47.51%
- 3Y*
- -26.74%
- 5Y*
- -17.04%
- 10Y*
- 7.70%
EUNL.DE vs. ADBE - 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% |
ADBE Adobe Inc | -40.26% | -30.63% | -20.54% | 71.96% | -36.98% | 21.87% | 39.14% | 49.07% | 35.16% | 49.30% |
Correlation
The correlation between EUNL.DE and ADBE is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Sep 25, 2009 | 0.40 |
Over the past year, the correlation between EUNL.DE and ADBE has dropped to 0.11 - well below their long-term average of 0.40, suggesting their price drivers have been diverging.
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Return for Risk
EUNL.DE vs. ADBE — Risk / Return Rank
EUNL.DE
ADBE
EUNL.DE vs. ADBE - 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 Adobe Inc (ADBE). 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 | ADBE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.59 | ||
| Sortino ratioReturn per unit of downside risk | +5.23 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 0.75 | +0.66 |
| Calmar ratioReturn relative to maximum drawdown | 4.04 | -0.97 | +5.01 |
| Martin ratioReturn relative to average drawdown | 16.31 | -1.81 | +18.12 |
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Drawdowns
EUNL.DE vs. ADBE - Drawdown Comparison
The maximum EUNL.DE drawdown since its inception was -33.63%, smaller than the maximum ADBE drawdown of -71.10%. Use the drawdown chart below to compare losses from any high point for EUNL.DE and ADBE.
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Drawdown Indicators
| EUNL.DE | ADBE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.63% | -71.10% | +37.47% |
Max Drawdown (1Y)Largest decline over 1 year | -6.22% | -49.24% | +43.02% |
Max Drawdown (3Y)Largest decline over 3 years | -21.73% | -70.02% | +48.29% |
Max Drawdown (5Y)Largest decline over 5 years | -21.73% | -71.10% | +49.37% |
Max Drawdown (10Y)Largest decline over 10 years | -33.63% | -71.10% | +37.47% |
Current DrawdownCurrent decline from peak | -0.02% | -70.83% | +70.81% |
Average DrawdownAverage peak-to-trough decline | -4.22% | -19.60% | +15.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.54% | 26.27% | -24.73% |
Volatility
EUNL.DE vs. ADBE - Volatility Comparison
The current volatility for iShares Core MSCI World UCITS ETF USD (Acc) (EUNL.DE) is 3.14%, while Adobe Inc (ADBE) has a volatility of 16.81%. This indicates that EUNL.DE experiences smaller price fluctuations and is considered to be less risky than ADBE 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 | ADBE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.14% | 16.81% | -13.67% |
Volatility (6M)Calculated over the trailing 6-month period | 8.04% | 29.44% | -21.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.33% | 34.97% | -23.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.19% | 36.35% | -22.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.17% | 34.75% | -19.58% |
Dividends
EUNL.DE vs. ADBE - Dividend Comparison
Neither EUNL.DE nor ADBE has paid dividends to shareholders.
Frequently Asked Questions
EUNL.DE and ADBE have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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