EUNM.DE vs. CYBU.AS
EUNM.DE (iShares MSCI EM UCITS ETF (Acc)) and CYBU.AS (iShares China CNY Bond UCITS ETF USD Hedged (Dist)) are both exchange-traded funds - EUNM.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets, while CYBU.AS is a Emerging Markets Bonds fund tracking the Bloomberg China Treasury + Policy Bank Index. Both are passively managed. Over the past 5 years, EUNM.DE returned 8.41%/yr vs 6.65%/yr for CYBU.AS. At a correlation of -0.05, they often move in opposite directions. EUNM.DE charges 0.18%/yr vs 0.40%/yr for CYBU.AS.
Performance
EUNM.DE vs. CYBU.AS - Performance Comparison
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Different Trading Currencies
EUNM.DE is traded in EUR, while CYBU.AS is traded in USD. To make them comparable, the CYBU.AS values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, EUNM.DE achieves a 27.21% return, which is significantly higher than CYBU.AS's 3.69% return.
EUNM.DE
- 1D
- -1.60%
- 1M
- 3.61%
- YTD
- 27.21%
- 6M
- 27.83%
- 1Y
- 48.65%
- 3Y*
- 20.75%
- 5Y*
- 8.41%
- 10Y*
- 9.83%
CYBU.AS
- 1D
- -0.09%
- 1M
- 1.40%
- YTD
- 3.69%
- 6M
- 3.08%
- 1Y
- 1.89%
- 3Y*
- 4.13%
- 5Y*
- 6.65%
- 10Y*
- —
EUNM.DE vs. CYBU.AS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
EUNM.DE iShares MSCI EM UCITS ETF (Acc) | 27.21% | 19.18% | 14.09% | 5.71% | -14.47% | 4.68% | 6.84% | 5.69% |
CYBU.AS iShares China CNY Bond UCITS ETF USD Hedged (Dist) | 3.70% | -9.69% | 18.86% | 4.58% | 8.91% | 9.95% | -7.28% | 0.97% |
Correlation
The correlation between EUNM.DE and CYBU.AS is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.05 |
Correlation (All Time) Calculated using the full available price history since Nov 5, 2019 | -0.05 |
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Return for Risk
EUNM.DE vs. CYBU.AS — Risk / Return Rank
EUNM.DE
CYBU.AS
EUNM.DE vs. CYBU.AS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM UCITS ETF (Acc) (EUNM.DE) and iShares China CNY Bond UCITS ETF USD Hedged (Dist) (CYBU.AS). 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.
| EUNM.DE | CYBU.AS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.49 | ||
| Sortino ratioReturn per unit of downside risk | +3.26 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.05 | +0.45 |
| Calmar ratioReturn relative to maximum drawdown | 4.72 | 0.44 | +4.28 |
| Martin ratioReturn relative to average drawdown | 17.07 | 0.99 | +16.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EUNM.DE | CYBU.AS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.78 | 0.28 | +2.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.83 | -0.33 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.52 | -0.14 |
Drawdowns
EUNM.DE vs. CYBU.AS - Drawdown Comparison
The maximum EUNM.DE drawdown since its inception was -35.91%, which is greater than CYBU.AS's maximum drawdown of -15.50%. Use the drawdown chart below to compare losses from any high point for EUNM.DE and CYBU.AS.
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Drawdown Indicators
| EUNM.DE | CYBU.AS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.91% | -15.50% | -20.41% |
Max Drawdown (1Y)Largest decline over 1 year | -10.46% | -4.26% | -6.20% |
Max Drawdown (3Y)Largest decline over 3 years | -19.01% | -12.74% | -6.27% |
Max Drawdown (5Y)Largest decline over 5 years | -23.62% | -12.74% | -10.88% |
Max Drawdown (10Y)Largest decline over 10 years | -31.86% | — | — |
Current DrawdownCurrent decline from peak | -2.61% | -7.69% | +5.08% |
Average DrawdownAverage peak-to-trough decline | -10.55% | -6.50% | -4.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.90% | 1.87% | +1.03% |
Volatility
EUNM.DE vs. CYBU.AS - Volatility Comparison
iShares MSCI EM UCITS ETF (Acc) (EUNM.DE) has a higher volatility of 7.30% compared to iShares China CNY Bond UCITS ETF USD Hedged (Dist) (CYBU.AS) at 1.41%. This indicates that EUNM.DE's price experiences larger fluctuations and is considered to be riskier than CYBU.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EUNM.DE | CYBU.AS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.30% | 1.41% | +5.89% |
Volatility (6M)Calculated over the trailing 6-month period | 14.98% | 4.60% | +10.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.80% | 6.58% | +11.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.70% | 7.87% | +8.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.19% | 7.79% | +10.40% |
EUNM.DE vs. CYBU.AS - Expense Ratio Comparison
EUNM.DE has a 0.18% expense ratio, which is lower than CYBU.AS's 0.40% expense ratio.
Dividends
EUNM.DE vs. CYBU.AS - Dividend Comparison
EUNM.DE has not paid dividends to shareholders, while CYBU.AS's dividend yield for the trailing twelve months is around 1.84%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
CYBU.AS iShares China CNY Bond UCITS ETF USD Hedged (Dist) | 1.84% | 1.88% | 2.13% | 2.45% | 2.60% | 2.82% | 2.66% | 0.21% |
EUNM.DE iShares MSCI EM UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EUNM.DE and CYBU.AS have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUNM.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUNM.DE is cheaper with a 0.18% expense ratio, compared with 0.40% for CYBU.AS.
EUNM.DE is categorized as Emerging Markets Equities, while CYBU.AS is Emerging Markets Bonds. EUNM.DE tracks MSCI Emerging Markets, while CYBU.AS tracks Bloomberg China Treasury + Policy Bank Index. Their fees differ too: 0.18% for EUNM.DE and 0.40% for CYBU.AS.
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