EUNT.DE vs. GLTS.L
Compare and contrast key facts about iShares EUR Corporate Bond 1-5yr UCITS ETF EUR (Dist) (EUNT.DE) and SPDR Bloomberg 1-5 Year Gilt UCITS ETF (GLTS.L).
EUNT.DE and GLTS.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EUNT.DE is a passively managed fund by iShares that tracks the performance of the Bloomberg Euro Corporate 1-5 Year Bond. It was launched on Sep 25, 2009. GLTS.L is a passively managed fund by State Street that tracks the performance of the FTSE Act UK Cnvt Gilts All Stocks TR GBP. It was launched on May 17, 2012. Both EUNT.DE and GLTS.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EUNT.DE or GLTS.L.
Key characteristics
| EUNT.DE | GLTS.L | |
|---|---|---|
| YTD Return | 1.43% | 1.33% |
| 1Y Return | 4.60% | 3.89% |
| 3Y Return (Ann) | -0.73% | -0.41% |
| 5Y Return (Ann) | -0.22% | -0.23% |
| 10Y Return (Ann) | 0.36% | 0.40% |
| Sharpe Ratio | 1.48 | 1.07 |
| Sortino Ratio | 1.97 | 1.65 |
| Omega Ratio | 1.29 | 1.23 |
| Calmar Ratio | 0.62 | 0.55 |
| Martin Ratio | 4.33 | 4.03 |
| Ulcer Index | 0.96% | 0.90% |
| Daily Std Dev | 2.83% | 3.39% |
| Max Drawdown | -10.16% | -11.18% |
| Current Drawdown | -2.79% | -2.96% |
Correlation
The correlation between EUNT.DE and GLTS.L is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
EUNT.DE vs. GLTS.L - Performance Comparison
In the year-to-date period, EUNT.DE achieves a 1.43% return, which is significantly higher than GLTS.L's 1.33% return. Over the past 10 years, EUNT.DE has underperformed GLTS.L with an annualized return of 0.36%, while GLTS.L has yielded a comparatively higher 0.40% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EUNT.DE vs. GLTS.L - Expense Ratio Comparison
EUNT.DE has a 0.20% expense ratio, which is higher than GLTS.L's 0.15% 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%.
Risk-Adjusted Performance
EUNT.DE vs. GLTS.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares EUR Corporate Bond 1-5yr UCITS ETF EUR (Dist) (EUNT.DE) and SPDR Bloomberg 1-5 Year Gilt UCITS ETF (GLTS.L). 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.
Dividends
EUNT.DE vs. GLTS.L - Dividend Comparison
EUNT.DE has not paid dividends to shareholders, while GLTS.L's dividend yield for the trailing twelve months is around 2.75%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUNT.DE iShares EUR Corporate Bond 1-5yr UCITS ETF EUR (Dist) | 0.00% | 0.50% | 0.51% | 0.57% | 0.59% | 0.62% | 0.62% | 0.68% | 0.90% | 0.56% | 0.00% | 0.00% |
GLTS.L SPDR Bloomberg 1-5 Year Gilt UCITS ETF | 2.75% | 1.30% | 0.18% | 0.13% | 0.46% | 0.60% | 0.39% | 0.52% | 0.88% | 0.98% | 0.67% | 0.44% |
Drawdowns
EUNT.DE vs. GLTS.L - Drawdown Comparison
The maximum EUNT.DE drawdown since its inception was -10.16%, smaller than the maximum GLTS.L drawdown of -11.18%. Use the drawdown chart below to compare losses from any high point for EUNT.DE and GLTS.L. For additional features, visit the drawdowns tool.
Volatility
EUNT.DE vs. GLTS.L - Volatility Comparison
iShares EUR Corporate Bond 1-5yr UCITS ETF EUR (Dist) (EUNT.DE) and SPDR Bloomberg 1-5 Year Gilt UCITS ETF (GLTS.L) have volatilities of 2.49% and 2.39%, 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.