EUNR.DE vs. ISPA.DE
EUNR.DE (iShares EUR Corporate Bond ex-Financials UCITS ETF EUR (Dist)) and ISPA.DE (iShares STOXX Global Select Dividend 100 UCITS ETF (DE)) are both exchange-traded funds - EUNR.DE is a European Corporate Bonds fund tracking the Bloomberg Euro Corporate ex-Financials Bond, while ISPA.DE is a Global Equities fund tracking the STOXX® Global Select Dividend 100 index. Both are passively managed. Over the past 10 years, EUNR.DE returned 0.82%/yr vs 9.35%/yr for ISPA.DE. At a 0.09 correlation, their price movements are largely independent. EUNR.DE charges 0.20%/yr vs 0.46%/yr for ISPA.DE.
Performance
EUNR.DE vs. ISPA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EUNR.DE achieves a 1.25% return, which is significantly lower than ISPA.DE's 14.48% return. Over the past 10 years, EUNR.DE has underperformed ISPA.DE with an annualized return of 0.82%, while ISPA.DE has yielded a comparatively higher 9.35% annualized return.
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%
ISPA.DE
- 1D
- 0.26%
- 1M
- 0.52%
- YTD
- 14.48%
- 6M
- 14.99%
- 1Y
- 32.01%
- 3Y*
- 20.08%
- 5Y*
- 10.97%
- 10Y*
- 9.35%
EUNR.DE vs. ISPA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% | -1.21% | 1.58% |
ISPA.DE iShares STOXX Global Select Dividend 100 UCITS ETF (DE) | 14.48% | 19.72% | 12.97% | 4.78% | -1.91% | 22.80% | -9.12% | 24.23% | -6.97% | 2.97% |
Correlation
The correlation between EUNR.DE and ISPA.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 | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Sep 25, 2009 | 0.09 |
Over the past year, EUNR.DE and ISPA.DE have become more correlated (0.41) than their long-term average of 0.09, meaning their price movements have been converging.
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Return for Risk
EUNR.DE vs. ISPA.DE — Risk / Return Rank
EUNR.DE
ISPA.DE
EUNR.DE vs. ISPA.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 STOXX Global Select Dividend 100 UCITS ETF (DE) (ISPA.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 | ISPA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.81 | ||
| Sortino ratioReturn per unit of downside risk | -3.78 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.66 | -0.51 |
| Calmar ratioReturn relative to maximum drawdown | 0.88 | 8.74 | -7.87 |
| Martin ratioReturn relative to average drawdown | 2.87 | 31.84 | -28.97 |
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Drawdowns
EUNR.DE vs. ISPA.DE - Drawdown Comparison
The maximum EUNR.DE drawdown since its inception was -17.49%, smaller than the maximum ISPA.DE drawdown of -38.90%. Use the drawdown chart below to compare losses from any high point for EUNR.DE and ISPA.DE.
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Drawdown Indicators
| EUNR.DE | ISPA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.49% | -38.90% | +21.41% |
Max Drawdown (1Y)Largest decline over 1 year | -2.65% | -3.64% | +0.99% |
Max Drawdown (3Y)Largest decline over 3 years | -2.65% | -15.09% | +12.44% |
Max Drawdown (5Y)Largest decline over 5 years | -17.49% | -15.09% | -2.40% |
Max Drawdown (10Y)Largest decline over 10 years | -17.49% | -38.90% | +21.41% |
Current DrawdownCurrent decline from peak | -2.20% | -0.44% | -1.76% |
Average DrawdownAverage peak-to-trough decline | -3.26% | -4.54% | +1.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.81% | 1.00% | -0.19% |
Volatility
EUNR.DE vs. ISPA.DE - Volatility Comparison
The current volatility for iShares EUR Corporate Bond ex-Financials UCITS ETF EUR (Dist) (EUNR.DE) is 0.70%, while iShares STOXX Global Select Dividend 100 UCITS ETF (DE) (ISPA.DE) has a volatility of 2.51%. This indicates that EUNR.DE experiences smaller price fluctuations and is considered to be less risky than ISPA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EUNR.DE | ISPA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.70% | 2.51% | -1.81% |
Volatility (6M)Calculated over the trailing 6-month period | 2.71% | 6.86% | -4.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.12% | 8.99% | -5.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.58% | 11.97% | -7.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.54% | 14.71% | -10.17% |
EUNR.DE vs. ISPA.DE - Expense Ratio Comparison
EUNR.DE has a 0.20% expense ratio, which is lower than ISPA.DE's 0.46% expense ratio.
Dividends
EUNR.DE vs. ISPA.DE - Dividend Comparison
EUNR.DE's dividend yield for the trailing twelve months is around 2.80%, less than ISPA.DE's 3.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
ISPA.DE iShares STOXX Global Select Dividend 100 UCITS ETF (DE) | 3.71% | 4.52% | 4.89% | 5.91% | 4.87% | 3.31% | 4.04% | 4.02% | 4.01% | 5.66% | 3.64% | 4.35% |
Frequently Asked Questions
EUNR.DE and ISPA.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.
On fees, EUNR.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUNR.DE is cheaper with a 0.20% expense ratio, compared with 0.46% for ISPA.DE.
EUNR.DE is categorized as European Corporate Bonds, while ISPA.DE is Global Equities. EUNR.DE tracks Bloomberg Euro Corporate ex-Financials Bond, while ISPA.DE tracks STOXX® Global Select Dividend 100 index. Their fees differ too: 0.20% for EUNR.DE and 0.46% for ISPA.DE.
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