EUNU.DE vs. IS3Q.DE
EUNU.DE (iShares Core Global Aggregate Bond UCITS ETF USD (Dist)) and IS3Q.DE (iShares Edge MSCI World Quality Factor UCITS ETF (Acc)) are both exchange-traded funds - EUNU.DE is a Global Bonds fund tracking the Bloomberg Global Aggregate Bond, while IS3Q.DE is a Global Equities fund tracking the MSCI World Sector Neutral Quality. Both are passively managed. Over the past 5 years, EUNU.DE returned -0.68%/yr vs 10.90%/yr for IS3Q.DE. At a 0.10 correlation, their price movements are largely independent. EUNU.DE charges 0.10%/yr vs 0.30%/yr for IS3Q.DE.
Performance
EUNU.DE vs. IS3Q.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EUNU.DE achieves a 2.98% return, which is significantly lower than IS3Q.DE's 10.76% return.
EUNU.DE
- 1D
- -0.26%
- 1M
- 1.85%
- YTD
- 2.98%
- 6M
- 3.25%
- 1Y
- 3.48%
- 3Y*
- 1.68%
- 5Y*
- -0.68%
- 10Y*
- —
IS3Q.DE
- 1D
- -0.26%
- 1M
- 1.53%
- YTD
- 10.76%
- 6M
- 11.12%
- 1Y
- 22.27%
- 3Y*
- 15.90%
- 5Y*
- 10.90%
- 10Y*
- 12.58%
EUNU.DE vs. IS3Q.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EUNU.DE iShares Core Global Aggregate Bond UCITS ETF USD (Dist) | 2.98% | -3.92% | 4.02% | 1.81% | -10.73% | 3.08% | -0.84% | 9.25% | 3.37% | -15.95% |
IS3Q.DE iShares Edge MSCI World Quality Factor UCITS ETF (Acc) | 10.76% | 2.80% | 23.78% | 21.69% | -14.83% | 34.27% | 4.44% | 33.94% | -3.47% | 1.96% |
Correlation
The correlation between EUNU.DE and IS3Q.DE is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Nov 21, 2017 | 0.10 |
Over the past year, EUNU.DE and IS3Q.DE have become more correlated (0.34) than their long-term average of 0.10, meaning their price movements have been converging.
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
EUNU.DE vs. IS3Q.DE — Risk / Return Rank
EUNU.DE
IS3Q.DE
EUNU.DE vs. IS3Q.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core Global Aggregate Bond UCITS ETF USD (Dist) (EUNU.DE) and iShares Edge MSCI World Quality Factor UCITS ETF (Acc) (IS3Q.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.
| EUNU.DE | IS3Q.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.25 | ||
| Sortino ratioReturn per unit of downside risk | -1.75 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.39 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.50 | 3.50 | -2.00 |
| Martin ratioReturn relative to average drawdown | 3.33 | 14.50 | -11.18 |
Loading charts...
Drawdowns
EUNU.DE vs. IS3Q.DE - Drawdown Comparison
The maximum EUNU.DE drawdown since its inception was -19.45%, smaller than the maximum IS3Q.DE drawdown of -32.30%. Use the drawdown chart below to compare losses from any high point for EUNU.DE and IS3Q.DE.
Loading charts...
Drawdown Indicators
| EUNU.DE | IS3Q.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.45% | -32.30% | +12.85% |
Max Drawdown (1Y)Largest decline over 1 year | -2.31% | -6.33% | +4.02% |
Max Drawdown (3Y)Largest decline over 3 years | -7.60% | -20.63% | +13.03% |
Max Drawdown (5Y)Largest decline over 5 years | -14.70% | -20.63% | +5.93% |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.30% | — |
Current DrawdownCurrent decline from peak | -10.19% | -0.41% | -9.78% |
Average DrawdownAverage peak-to-trough decline | -10.29% | -6.25% | -4.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.03% | 1.53% | -0.50% |
Volatility
EUNU.DE vs. IS3Q.DE - Volatility Comparison
The current volatility for iShares Core Global Aggregate Bond UCITS ETF USD (Dist) (EUNU.DE) is 1.10%, while iShares Edge MSCI World Quality Factor UCITS ETF (Acc) (IS3Q.DE) has a volatility of 2.34%. This indicates that EUNU.DE experiences smaller price fluctuations and is considered to be less risky than IS3Q.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EUNU.DE | IS3Q.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.10% | 2.34% | -1.24% |
Volatility (6M)Calculated over the trailing 6-month period | 3.01% | 7.43% | -4.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.22% | 10.68% | -6.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.12% | 14.16% | -8.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.67% | 15.82% | -8.15% |
EUNU.DE vs. IS3Q.DE - Expense Ratio Comparison
EUNU.DE has a 0.10% expense ratio, which is lower than IS3Q.DE's 0.30% expense ratio.
Dividends
EUNU.DE vs. IS3Q.DE - Dividend Comparison
EUNU.DE's dividend yield for the trailing twelve months is around 3.11%, while IS3Q.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
EUNU.DE iShares Core Global Aggregate Bond UCITS ETF USD (Dist) | 3.11% | 3.21% | 2.63% | 2.02% | 1.56% | 1.26% | 1.61% | 1.60% | 0.94% |
IS3Q.DE iShares Edge MSCI World Quality Factor UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EUNU.DE and IS3Q.DE have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUNU.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUNU.DE is cheaper with a 0.10% expense ratio, compared with 0.30% for IS3Q.DE.
EUNU.DE is categorized as Global Bonds, while IS3Q.DE is Global Equities. EUNU.DE tracks Bloomberg Global Aggregate Bond, while IS3Q.DE tracks MSCI World Sector Neutral Quality. Their fees differ too: 0.10% for EUNU.DE and 0.30% for IS3Q.DE.
Find the right allocation for EUNU.DE and IS3Q.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