EUNW.DE vs. AYE2.DE
Compare and contrast key facts about iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist) (EUNW.DE) and iShares EUR High Yield Corporate Bond ESG UCITS ETF EUR Acc (AYE2.DE).
EUNW.DE and AYE2.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EUNW.DE is a passively managed fund by iShares that tracks the performance of the iBoxx® EUR Liquid High Yield. It was launched on Sep 3, 2010. AYE2.DE is a passively managed fund by iShares that tracks the performance of the Bloomberg MSCI Euro Corporate High Yield Sustainable BB+ SRI Bond. It was launched on Nov 12, 2019. Both EUNW.DE and AYE2.DE 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: EUNW.DE or AYE2.DE.
Key characteristics
| EUNW.DE | AYE2.DE | |
|---|---|---|
| YTD Return | -1.29% | 5.47% |
| 1Y Return | 3.33% | 11.02% |
| Sharpe Ratio | 0.54 | 3.10 |
| Sortino Ratio | 0.64 | 4.98 |
| Omega Ratio | 1.16 | 1.65 |
| Calmar Ratio | 0.33 | 8.16 |
| Martin Ratio | 1.23 | 28.17 |
| Ulcer Index | 2.32% | 0.37% |
| Daily Std Dev | 5.25% | 3.39% |
| Max Drawdown | -25.47% | -12.23% |
| Current Drawdown | -6.24% | -0.07% |
Correlation
The correlation between EUNW.DE and AYE2.DE is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
EUNW.DE vs. AYE2.DE - Performance Comparison
In the year-to-date period, EUNW.DE achieves a -1.29% return, which is significantly lower than AYE2.DE's 5.47% 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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EUNW.DE vs. AYE2.DE - Expense Ratio Comparison
EUNW.DE has a 0.50% expense ratio, which is higher than AYE2.DE's 0.25% expense ratio.
Risk-Adjusted Performance
EUNW.DE vs. AYE2.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist) (EUNW.DE) and iShares EUR High Yield Corporate Bond ESG UCITS ETF EUR Acc (AYE2.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.
Dividends
EUNW.DE vs. AYE2.DE - Dividend Comparison
Neither EUNW.DE nor AYE2.DE has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
EUNW.DE iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist) | 0.00% | 0.00% | 3.70% | 3.07% | 3.67% | 3.75% | 3.68% | 3.78% | 4.03% | 4.59% |
AYE2.DE iShares EUR High Yield Corporate Bond ESG UCITS ETF EUR Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EUNW.DE vs. AYE2.DE - Drawdown Comparison
The maximum EUNW.DE drawdown since its inception was -25.47%, which is greater than AYE2.DE's maximum drawdown of -12.23%. Use the drawdown chart below to compare losses from any high point for EUNW.DE and AYE2.DE. For additional features, visit the drawdowns tool.
Volatility
EUNW.DE vs. AYE2.DE - Volatility Comparison
iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist) (EUNW.DE) and iShares EUR High Yield Corporate Bond ESG UCITS ETF EUR Acc (AYE2.DE) have volatilities of 2.74% and 2.70%, 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.