EUNZ.DE vs. CHFUSD=X
EUNZ.DE (iShares Edge MSCI EM Minimum Volatility UCITS ETF) is Emerging Markets Equities fund tracking the MSCI Emerging Markets Minimum Volatility, while CHFUSD=X (USD/CHF) is a currency. Over the past 10 years, EUNZ.DE returned 5.19%/yr vs 1.60%/yr for CHFUSD=X. At a correlation of -0.01, they often move in opposite directions.
Performance
EUNZ.DE vs. CHFUSD=X - Performance Comparison
Loading charts...
Different Trading Currencies
EUNZ.DE is traded in EUR, while CHFUSD=X is traded in USD. To make them comparable, the CHFUSD=X values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, EUNZ.DE achieves a 15.72% return, which is significantly higher than CHFUSD=X's 0.68% return. Over the past 10 years, EUNZ.DE has outperformed CHFUSD=X with an annualized return of 5.19%, while CHFUSD=X has yielded a comparatively lower 1.60% annualized return.
EUNZ.DE
- 1D
- 0.55%
- 1M
- -6.40%
- 6M
- 10.71%
- YTD
- 15.72%
- 1Y
- 18.79%
- 3Y*
- 10.82%
- 5Y*
- 5.87%
- 10Y*
- 5.19%
- ALL TIME*
- 3.04%
CHFUSD=X
- 1D
- -0.12%
- 1M
- 0.12%
- 6M
- 0.42%
- YTD
- 0.68%
- 1Y
- 0.72%
- 3Y*
- 1.37%
- 5Y*
- 3.20%
- 10Y*
- 1.60%
- ALL TIME*
- 3.16%
EUNZ.DE vs. CHFUSD=X - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EUNZ.DE iShares Edge MSCI EM Minimum Volatility UCITS ETF | 15.72% | -0.12% | 15.71% | 3.83% | -8.85% | 13.09% | -2.49% | 10.54% | -1.87% | 11.39% |
CHFUSD=X USD/CHF | 0.68% | 0.97% | -1.18% | 6.54% | 4.77% | 4.29% | 0.41% | 3.81% | 3.79% | -8.29% |
Correlation
The correlation between EUNZ.DE and CHFUSD=X is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Nov 30, 2012 | -0.01 |
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
EUNZ.DE vs. CHFUSD=X — Risk / Return Rank
EUNZ.DE
CHFUSD=X
EUNZ.DE vs. CHFUSD=X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI EM Minimum Volatility UCITS ETF (EUNZ.DE) and USD/CHF (CHFUSD=X). 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.
| EUNZ.DE | CHFUSD=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.18 | ||
| Sortino ratioReturn per unit of downside risk | +1.68 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.03 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 2.33 | 0.20 | +2.14 |
| Martin ratioReturn relative to average drawdown | 7.48 | 0.42 | +7.06 |
Loading charts...
Drawdowns
EUNZ.DE vs. CHFUSD=X - Drawdown Comparison
The maximum EUNZ.DE drawdown since its inception was -34.03%, which is greater than CHFUSD=X's maximum drawdown of -18.49%. Use the drawdown chart below to compare losses from any high point for EUNZ.DE and CHFUSD=X.
Loading charts...
Drawdown Indicators
| EUNZ.DE | CHFUSD=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.03% | -18.49% | -15.54% |
Max Drawdown (1Y)Largest decline over 1 year | -8.02% | -2.95% | -5.07% |
Max Drawdown (3Y)Largest decline over 3 years | -14.00% | -6.63% | -7.37% |
Max Drawdown (5Y)Largest decline over 5 years | -14.00% | -6.63% | -7.37% |
Max Drawdown (10Y)Largest decline over 10 years | -26.16% | -11.28% | -14.88% |
Current DrawdownCurrent decline from peak | -7.51% | -2.67% | -4.84% |
Average DrawdownAverage peak-to-trough decline | -10.15% | -7.84% | -2.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.51% | 1.48% | +1.03% |
Volatility
EUNZ.DE vs. CHFUSD=X - Volatility Comparison
iShares Edge MSCI EM Minimum Volatility UCITS ETF (EUNZ.DE) has a higher volatility of 6.12% compared to USD/CHF (CHFUSD=X) at 0.88%. This indicates that EUNZ.DE's price experiences larger fluctuations and is considered to be riskier than CHFUSD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EUNZ.DE | CHFUSD=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.12% | 0.88% | +5.24% |
Volatility (6M)Calculated over the trailing 6-month period | 12.40% | 2.64% | +9.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.94% | 3.45% | +10.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.78% | 5.40% | +6.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.39% | 4.94% | +8.45% |
Frequently Asked Questions
EUNZ.DE and CHFUSD=X have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for EUNZ.DE and CHFUSD=X
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