EUNW.DE vs. BINC
Compare and contrast key facts about iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist) (EUNW.DE) and BlackRock Flexible Income ETF (BINC).
EUNW.DE and BINC 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. BINC is an actively managed fund by Blackrock. It was launched on Sep 19, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EUNW.DE or BINC.
Key characteristics
| EUNW.DE | BINC | |
|---|---|---|
| YTD Return | -1.29% | 5.18% |
| 1Y Return | 3.33% | 10.31% |
| Sharpe Ratio | 0.54 | 3.26 |
| Sortino Ratio | 0.64 | 5.36 |
| Omega Ratio | 1.16 | 1.73 |
| Calmar Ratio | 0.33 | 8.19 |
| Martin Ratio | 1.23 | 25.01 |
| Ulcer Index | 2.32% | 0.42% |
| Daily Std Dev | 5.25% | 3.20% |
| Max Drawdown | -25.47% | -1.95% |
| Current Drawdown | -6.24% | -0.77% |
Correlation
The correlation between EUNW.DE and BINC is 0.58, 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
EUNW.DE vs. BINC - Performance Comparison
In the year-to-date period, EUNW.DE achieves a -1.29% return, which is significantly lower than BINC's 5.18% 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. BINC - Expense Ratio Comparison
EUNW.DE has a 0.50% expense ratio, which is higher than BINC's 0.40% expense ratio.
Risk-Adjusted Performance
EUNW.DE vs. BINC - 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 BlackRock Flexible Income ETF (BINC). 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. BINC - Dividend Comparison
EUNW.DE has not paid dividends to shareholders, while BINC's dividend yield for the trailing twelve months is around 5.54%.
| 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% |
BINC BlackRock Flexible Income ETF | 5.54% | 3.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
EUNW.DE vs. BINC - Drawdown Comparison
The maximum EUNW.DE drawdown since its inception was -25.47%, which is greater than BINC's maximum drawdown of -1.95%. Use the drawdown chart below to compare losses from any high point for EUNW.DE and BINC. For additional features, visit the drawdowns tool.
Volatility
EUNW.DE vs. BINC - Volatility Comparison
iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist) (EUNW.DE) has a higher volatility of 2.74% compared to BlackRock Flexible Income ETF (BINC) at 0.68%. This indicates that EUNW.DE's price experiences larger fluctuations and is considered to be riskier than BINC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.