EUNL.DE vs. XRS2.DE
EUNL.DE (iShares Core MSCI World UCITS ETF USD (Acc)) and XRS2.DE (Xtrackers Russell 2000 UCITS ETF 1C) are both exchange-traded funds - EUNL.DE is a Global Equities fund tracking the MSCI World Index, while XRS2.DE is a Small Cap Blend Equities fund tracking the Russell 2000®. Both are passively managed. Over the past 10 years, EUNL.DE returned 13.12%/yr vs 10.63%/yr for XRS2.DE. Their correlation of 0.81 suggests significant overlap in exposure. EUNL.DE charges 0.20%/yr vs 0.30%/yr for XRS2.DE.
Performance
EUNL.DE vs. XRS2.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EUNL.DE achieves a 11.17% return, which is significantly lower than XRS2.DE's 19.79% return. Over the past 10 years, EUNL.DE has outperformed XRS2.DE with an annualized return of 13.12%, while XRS2.DE has yielded a comparatively lower 10.63% 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%
XRS2.DE
- 1D
- 0.37%
- 1M
- 6.68%
- YTD
- 19.79%
- 6M
- 19.32%
- 1Y
- 41.04%
- 3Y*
- 15.43%
- 5Y*
- 6.97%
- 10Y*
- 10.63%
EUNL.DE vs. XRS2.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% |
XRS2.DE Xtrackers Russell 2000 UCITS ETF 1C | 19.79% | 1.29% | 15.81% | 14.81% | -16.50% | 24.61% | 8.18% | 28.79% | -9.05% | 0.53% |
Correlation
The correlation between EUNL.DE and XRS2.DE is 0.65, 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 | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.77 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Mar 6, 2015 | 0.81 |
The correlation between EUNL.DE and XRS2.DE shifts across timeframes, from 0.65 (1 year) to 0.81 (all time), 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. XRS2.DE — Risk / Return Rank
EUNL.DE
XRS2.DE
EUNL.DE vs. XRS2.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 Xtrackers Russell 2000 UCITS ETF 1C (XRS2.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 | XRS2.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.12 | ||
| Sortino ratioReturn per unit of downside risk | +0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.37 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 4.04 | 4.43 | -0.39 |
| Martin ratioReturn relative to average drawdown | 16.31 | 15.00 | +1.31 |
Loading charts...
Drawdowns
EUNL.DE vs. XRS2.DE - Drawdown Comparison
The maximum EUNL.DE drawdown since its inception was -33.63%, smaller than the maximum XRS2.DE drawdown of -41.13%. Use the drawdown chart below to compare losses from any high point for EUNL.DE and XRS2.DE.
Loading charts...
Drawdown Indicators
| EUNL.DE | XRS2.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.63% | -41.13% | +7.50% |
Max Drawdown (1Y)Largest decline over 1 year | -6.22% | -9.23% | +3.01% |
Max Drawdown (3Y)Largest decline over 3 years | -21.73% | -32.77% | +11.04% |
Max Drawdown (5Y)Largest decline over 5 years | -21.73% | -32.77% | +11.04% |
Max Drawdown (10Y)Largest decline over 10 years | -33.63% | -41.13% | +7.50% |
Current DrawdownCurrent decline from peak | -0.02% | 0.00% | -0.02% |
Average DrawdownAverage peak-to-trough decline | -4.22% | -10.92% | +6.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.54% | 2.73% | -1.19% |
Volatility
EUNL.DE vs. XRS2.DE - Volatility Comparison
The current volatility for iShares Core MSCI World UCITS ETF USD (Acc) (EUNL.DE) is 3.14%, while Xtrackers Russell 2000 UCITS ETF 1C (XRS2.DE) has a volatility of 5.74%. This indicates that EUNL.DE experiences smaller price fluctuations and is considered to be less risky than XRS2.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EUNL.DE | XRS2.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.14% | 5.74% | -2.60% |
Volatility (6M)Calculated over the trailing 6-month period | 8.04% | 13.67% | -5.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.33% | 19.44% | -8.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.19% | 21.24% | -7.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.17% | 22.37% | -7.20% |
EUNL.DE vs. XRS2.DE - Expense Ratio Comparison
EUNL.DE has a 0.20% expense ratio, which is lower than XRS2.DE's 0.30% expense ratio.
Dividends
EUNL.DE vs. XRS2.DE - Dividend Comparison
Neither EUNL.DE nor XRS2.DE has paid dividends to shareholders.
Frequently Asked Questions
EUNL.DE and XRS2.DE have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUNL.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUNL.DE is cheaper with a 0.20% expense ratio, compared with 0.30% for XRS2.DE.
EUNL.DE is categorized as Global Equities, while XRS2.DE is Small Cap Blend Equities. EUNL.DE tracks MSCI World Index, while XRS2.DE tracks Russell 2000®. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.20% for EUNL.DE and 0.30% for XRS2.DE.
Find the right allocation for EUNL.DE and XRS2.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