EUNR.DE vs. EFRN.DE
EUNR.DE (iShares EUR Corporate Bond ex-Financials UCITS ETF EUR (Dist)) and EFRN.DE (iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist)) are both European Corporate Bonds funds from iShares - EUNR.DE tracks the Bloomberg Euro Corporate ex-Financials Bond while EFRN.DE tracks the Bloomberg Euro Agg Corp 1-3 Yr TR EUR. Both are passively managed. Over the past 5 years, EUNR.DE returned -0.11%/yr vs 2.39%/yr for EFRN.DE. At a 0.04 correlation, their price movements are largely independent. EUNR.DE charges 0.20%/yr vs 0.10%/yr for EFRN.DE.
Performance
EUNR.DE vs. EFRN.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with EUNR.DE having a 1.25% return and EFRN.DE slightly lower at 1.22%.
EUNR.DE
- 1D
- 0.05%
- 1M
- 0.75%
- YTD
- 1.25%
- 6M
- 1.43%
- 1Y
- 2.33%
- 3Y*
- 4.19%
- 5Y*
- -0.11%
- 10Y*
- 0.82%
EFRN.DE
- 1D
- 0.20%
- 1M
- 0.40%
- YTD
- 1.22%
- 6M
- 1.42%
- 1Y
- 2.72%
- 3Y*
- 3.68%
- 5Y*
- 2.39%
- 10Y*
- —
EUNR.DE vs. EFRN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
EUNR.DE iShares EUR Corporate Bond ex-Financials UCITS ETF EUR (Dist) | 1.25% | 2.63% | 3.48% | 7.31% | -13.61% | -1.23% | 2.84% | 6.34% | -0.80% |
EFRN.DE iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist) | 1.22% | 2.91% | 4.29% | 4.00% | -0.00% | -0.20% | 0.00% | 1.01% | -0.80% |
Correlation
The correlation between EUNR.DE and EFRN.DE is -0.06, 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 | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Jun 27, 2018 | 0.04 |
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
EUNR.DE vs. EFRN.DE — Risk / Return Rank
EUNR.DE
EFRN.DE
EUNR.DE vs. EFRN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares EUR Corporate Bond ex-Financials UCITS ETF EUR (Dist) (EUNR.DE) and iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist) (EFRN.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.
| EUNR.DE | EFRN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.92 | ||
| Sortino ratioReturn per unit of downside risk | -1.43 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.49 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 0.88 | 7.30 | -6.42 |
| Martin ratioReturn relative to average drawdown | 2.87 | 27.93 | -25.06 |
Loading charts...
Drawdowns
EUNR.DE vs. EFRN.DE - Drawdown Comparison
The maximum EUNR.DE drawdown since its inception was -17.49%, which is greater than EFRN.DE's maximum drawdown of -5.58%. Use the drawdown chart below to compare losses from any high point for EUNR.DE and EFRN.DE.
Loading charts...
Drawdown Indicators
| EUNR.DE | EFRN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.49% | -5.58% | -11.91% |
Max Drawdown (1Y)Largest decline over 1 year | -2.65% | -0.37% | -2.28% |
Max Drawdown (3Y)Largest decline over 3 years | -2.65% | -0.39% | -2.26% |
Max Drawdown (5Y)Largest decline over 5 years | -17.49% | -1.20% | -16.29% |
Max Drawdown (10Y)Largest decline over 10 years | -17.49% | — | — |
Current DrawdownCurrent decline from peak | -2.20% | 0.00% | -2.20% |
Average DrawdownAverage peak-to-trough decline | -3.26% | -0.29% | -2.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.81% | 0.10% | +0.71% |
Volatility
EUNR.DE vs. EFRN.DE - Volatility Comparison
iShares EUR Corporate Bond ex-Financials UCITS ETF EUR (Dist) (EUNR.DE) has a higher volatility of 0.70% compared to iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist) (EFRN.DE) at 0.27%. This indicates that EUNR.DE's price experiences larger fluctuations and is considered to be riskier than EFRN.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EUNR.DE | EFRN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.70% | 0.27% | +0.43% |
Volatility (6M)Calculated over the trailing 6-month period | 2.71% | 1.16% | +1.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.12% | 1.63% | +1.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.58% | 1.46% | +3.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.54% | 1.70% | +2.84% |
EUNR.DE vs. EFRN.DE - Expense Ratio Comparison
EUNR.DE has a 0.20% expense ratio, which is higher than EFRN.DE's 0.10% 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
EUNR.DE vs. EFRN.DE - Dividend Comparison
EUNR.DE's dividend yield for the trailing twelve months is around 2.80%, more than EFRN.DE's 2.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EFRN.DE iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist) | 2.49% | 2.88% | 4.22% | 2.93% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EUNR.DE iShares EUR Corporate Bond ex-Financials UCITS ETF EUR (Dist) | 2.80% | 2.65% | 2.25% | 1.50% | 0.90% | 0.81% | 0.88% | 1.25% | 1.35% | 1.42% | 1.84% | 1.03% |
Frequently Asked Questions
EUNR.DE and EFRN.DE have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EFRN.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EFRN.DE is cheaper with a 0.10% expense ratio, compared with 0.20% for EUNR.DE.
EUNR.DE tracks Bloomberg Euro Corporate ex-Financials Bond, while EFRN.DE tracks Bloomberg Euro Agg Corp 1-3 Yr TR EUR. Their fees differ too: 0.20% for EUNR.DE and 0.10% for EFRN.DE.
Find the right allocation for EUNR.DE and EFRN.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