EUSB vs. BCPL

Last updated Jun 3, 2026

EUSB (iShares ESG Advanced Total USD Bond Market ETF) and BCPL (BNY Mellon Core Plus ETF) are both Intermediate Core-Plus Bond funds. EUSB is passively managed, while BCPL is actively managed. Their correlation of 0.90 suggests significant overlap in exposure. EUSB charges 0.12%/yr vs 0.40%/yr for BCPL.

Performance

EUSB vs. BCPL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares ESG Advanced Total USD Bond Market ETF (EUSB) and BNY Mellon Core Plus ETF (BCPL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EUSB

• 1D: -0.02%
• 1M: 0.15%
• YTD: 0.33%
• 6M: 0.53%
• 1Y: 4.99%
• 3Y*: 4.34%
• 5Y*: 0.44%
• 10Y*: —

BCPL

• 1D: 0.04%
• 1M: 0.22%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EUSB vs. BCPL - Yearly Performance Comparison

	2026 (YTD)
EUSB iShares ESG Advanced Total USD Bond Market ETF	0.24%
BCPL BNY Mellon Core Plus ETF	0.63%

Correlation

The correlation between EUSB and BCPL is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 13, 2026	0.90

Return for Risk

EUSB vs. BCPL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EUSB

EUSB Risk / Return Rank: 39
EUSB Sharpe Ratio Rank: 39
EUSB Sortino Ratio Rank: 41
EUSB Omega Ratio Rank: 37
EUSB Calmar Ratio Rank: 39
EUSB Martin Ratio Rank: 38

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EUSB vs. BCPL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares ESG Advanced Total USD Bond Market ETF (EUSB) and BNY Mellon Core Plus ETF (BCPL). 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.

	EUSB	BCPL	Difference
Sharpe ratio Return per unit of total volatility	1.41	—	—
Sortino ratio Return per unit of downside risk	2.11	—	—
Omega ratio Gain probability vs. loss probability	1.25	—	—
Calmar ratio Return relative to maximum drawdown	1.99	—	—
Martin ratio Return relative to average drawdown	6.02	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EUSB	BCPL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.41	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.08	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.05	0.41	-0.36

Drawdowns

EUSB vs. BCPL - Drawdown Comparison

The maximum EUSB drawdown since its inception was -17.87%, which is greater than BCPL's maximum drawdown of -2.95%. Use the drawdown chart below to compare losses from any high point for EUSB and BCPL.

Drawdown Indicators

	EUSB	BCPL	Difference
Max Drawdown Largest peak-to-trough decline	-17.87%	-2.95%	-14.92%
Max Drawdown (1Y) Largest decline over 1 year	-2.48%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-5.76%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-17.45%	—	—
Current Drawdown Current decline from peak	-1.17%	-1.04%	-0.13%
Average Drawdown Average peak-to-trough decline	-6.50%	-1.05%	-5.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.82%	—	—

Volatility

Volatility by Period

	EUSB	BCPL	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.20%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.50%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.57%	4.06%	-0.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.77%	4.06%	+1.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.42%	4.06%	+1.36%

EUSB vs. BCPL - Expense Ratio Comparison

EUSB has a 0.12% expense ratio, which is lower than BCPL's 0.40% expense ratio.

Dividends

EUSB vs. BCPL - Dividend Comparison

EUSB's dividend yield for the trailing twelve months is around 3.96%, more than BCPL's 1.56% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
BCPL BNY Mellon Core Plus ETF	1.56%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EUSB iShares ESG Advanced Total USD Bond Market ETF	3.96%	3.84%	3.67%	3.08%	2.21%	1.10%	0.57%

Frequently Asked Questions

Can I hold both EUSB and BCPL in my portfolio?

With a correlation of 0.90, EUSB and BCPL move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, EUSB or BCPL?

On fees, EUSB is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EUSB or BCPL?

EUSB is cheaper with a 0.12% expense ratio, compared with 0.40% for BCPL.

Which ETF pays a higher dividend yield, EUSB or BCPL?

EUSB has the higher dividend yield at 3.96%, compared with 1.56% for BCPL.

What is the main difference between EUSB and BCPL?

They also come from different issuers: iShares and BNY Mellon. Their fees differ too: 0.12% for EUSB and 0.40% for BCPL.