EUNR.DE vs. SPPS.DE
EUNR.DE (iShares EUR Corporate Bond ex-Financials UCITS ETF EUR (Dist)) and SPPS.DE (SPDR Bloomberg SASB 0-3 Year Euro Corporate ESG UCITS ETF Acc) are both European Corporate Bonds funds - EUNR.DE tracks the Bloomberg Euro Corporate ex-Financials Bond while SPPS.DE tracks the Bloomberg SASB Euro Corporate 0-3 year ESG Ex-Controversies Select. Both are passively managed. Over the past 3 years, EUNR.DE returned 4.19%/yr vs 3.85%/yr for SPPS.DE. A 0.56 correlation means they provide meaningful diversification when combined. EUNR.DE charges 0.20%/yr vs 0.12%/yr for SPPS.DE.
Performance
EUNR.DE vs. SPPS.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 higher than SPPS.DE's 0.98% 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%
SPPS.DE
- 1D
- 0.00%
- 1M
- 0.31%
- YTD
- 0.98%
- 6M
- 1.01%
- 1Y
- 2.14%
- 3Y*
- 3.85%
- 5Y*
- —
- 10Y*
- —
EUNR.DE vs. SPPS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
EUNR.DE iShares EUR Corporate Bond ex-Financials UCITS ETF EUR (Dist) | 1.25% | 2.63% | 3.48% | 7.31% | -5.86% |
SPPS.DE SPDR Bloomberg SASB 0-3 Year Euro Corporate ESG UCITS ETF Acc | 0.98% | 2.96% | 4.20% | 4.07% | -1.49% |
Correlation
The correlation between EUNR.DE and SPPS.DE is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since May 3, 2022 | 0.56 |
The correlation between EUNR.DE and SPPS.DE has been stable across timeframes, ranging from 0.47 to 0.56 - a consistent structural relationship.
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Return for Risk
EUNR.DE vs. SPPS.DE — Risk / Return Rank
EUNR.DE
SPPS.DE
EUNR.DE vs. SPPS.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 SPDR Bloomberg SASB 0-3 Year Euro Corporate ESG UCITS ETF Acc (SPPS.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 | SPPS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.25 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.88 | 1.81 | -0.94 |
| Martin ratioReturn relative to average drawdown | 2.87 | 7.18 | -4.31 |
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Drawdowns
EUNR.DE vs. SPPS.DE - Drawdown Comparison
The maximum EUNR.DE drawdown since its inception was -17.49%, which is greater than SPPS.DE's maximum drawdown of -2.70%. Use the drawdown chart below to compare losses from any high point for EUNR.DE and SPPS.DE.
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Drawdown Indicators
| EUNR.DE | SPPS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.49% | -2.70% | -14.79% |
Max Drawdown (1Y)Largest decline over 1 year | -2.65% | -1.18% | -1.47% |
Max Drawdown (3Y)Largest decline over 3 years | -2.65% | -1.18% | -1.47% |
Max Drawdown (5Y)Largest decline over 5 years | -17.49% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -17.49% | — | — |
Current DrawdownCurrent decline from peak | -2.20% | -0.13% | -2.07% |
Average DrawdownAverage peak-to-trough decline | -3.26% | -0.44% | -2.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.81% | 0.30% | +0.51% |
Volatility
EUNR.DE vs. SPPS.DE - Volatility Comparison
iShares EUR Corporate Bond ex-Financials UCITS ETF EUR (Dist) (EUNR.DE) and SPDR Bloomberg SASB 0-3 Year Euro Corporate ESG UCITS ETF Acc (SPPS.DE) have volatilities of 0.70% and 0.70%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EUNR.DE | SPPS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.70% | 0.70% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 2.71% | 1.95% | +0.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.12% | 2.03% | +1.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.58% | 2.27% | +2.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.54% | 2.27% | +2.27% |
EUNR.DE vs. SPPS.DE - Expense Ratio Comparison
EUNR.DE has a 0.20% expense ratio, which is higher than SPPS.DE's 0.12% 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. SPPS.DE - Dividend Comparison
EUNR.DE's dividend yield for the trailing twelve months is around 2.80%, while SPPS.DE has not paid dividends to shareholders.
| 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% |
SPPS.DE SPDR Bloomberg SASB 0-3 Year Euro Corporate ESG UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EUNR.DE and SPPS.DE have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPPS.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPPS.DE is cheaper with a 0.12% expense ratio, compared with 0.20% for EUNR.DE.
EUNR.DE tracks Bloomberg Euro Corporate ex-Financials Bond, while SPPS.DE tracks Bloomberg SASB Euro Corporate 0-3 year ESG Ex-Controversies Select. They also come from different issuers: iShares and State Street. Their fees differ too: 0.20% for EUNR.DE and 0.12% for SPPS.DE.
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