EUSB vs. KDRN

Last updated Jun 4, 2026

EUSB (iShares ESG Advanced Total USD Bond Market ETF) and KDRN (Kingsbarn Tactical Bond ETF) are both Intermediate Core-Plus Bond funds. EUSB is passively managed, while KDRN is actively managed. Over the past 3 years, EUSB returned 4.27%/yr vs 3.52%/yr for KDRN. Their correlation of 0.80 suggests significant overlap in exposure. EUSB charges 0.12%/yr vs 1.09%/yr for KDRN.

Performance

EUSB vs. KDRN - 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 Kingsbarn Tactical Bond ETF (KDRN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EUSB achieves a 0.13% return, which is significantly lower than KDRN's 1.24% return.

EUSB

• 1D: -0.20%
• 1M: 0.27%
• YTD: 0.13%
• 6M: 0.19%
• 1Y: 5.15%
• 3Y*: 4.27%
• 5Y*: 0.34%
• 10Y*: —

KDRN

• 1D: 0.04%
• 1M: 0.24%
• YTD: 1.24%
• 6M: 0.92%
• 1Y: 3.43%
• 3Y*: 3.52%
• 5Y*: —
• 10Y*: —

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

EUSB vs. KDRN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
EUSB iShares ESG Advanced Total USD Bond Market ETF	0.13%	7.45%	1.83%	5.80%	-12.81%	0.16%
KDRN Kingsbarn Tactical Bond ETF	1.24%	4.65%	1.30%	10.06%	-12.05%	0.12%

Correlation

The correlation between EUSB and KDRN is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (All Time) Calculated using the full available price history since Dec 22, 2021	0.80

The correlation between EUSB and KDRN has been stable across timeframes, ranging from 0.80 to 0.82 - a consistent structural relationship.

Return for Risk

EUSB vs. KDRN — Risk / Return Rank

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

EUSB

EUSB Risk / Return Rank: 41
EUSB Sharpe Ratio Rank: 40
EUSB Sortino Ratio Rank: 43
EUSB Omega Ratio Rank: 39
EUSB Calmar Ratio Rank: 42
EUSB Martin Ratio Rank: 39

KDRN

KDRN Risk / Return Rank: 28
KDRN Sharpe Ratio Rank: 27
KDRN Sortino Ratio Rank: 26
KDRN Omega Ratio Rank: 27
KDRN Calmar Ratio Rank: 35
KDRN Martin Ratio Rank: 25

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. KDRN - 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 Kingsbarn Tactical Bond ETF (KDRN). 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	KDRN	Difference
Sharpe ratio Return per unit of total volatility	1.45	0.97	+0.48
Sortino ratio Return per unit of downside risk	2.19	1.42	+0.77
Omega ratio Gain probability vs. loss probability	1.26	1.19	+0.07
Calmar ratio Return relative to maximum drawdown	2.09	1.76	+0.33
Martin ratio Return relative to average drawdown	6.26	3.48	+2.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EUSB vs. KDRN - Sharpe Ratio Comparison

The current EUSB Sharpe Ratio is 1.45, which is higher than the KDRN Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of EUSB and KDRN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EUSB	KDRN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.45	0.97	+0.48
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.04	0.14	-0.09

Drawdowns

EUSB vs. KDRN - Drawdown Comparison

The maximum EUSB drawdown since its inception was -17.87%, which is greater than KDRN's maximum drawdown of -15.29%. Use the drawdown chart below to compare losses from any high point for EUSB and KDRN.

Drawdown Indicators

	EUSB	KDRN	Difference
Max Drawdown Largest peak-to-trough decline	-17.87%	-15.29%	-2.58%
Max Drawdown (1Y) Largest decline over 1 year	-2.48%	-1.77%	-0.71%
Max Drawdown (3Y) Largest decline over 3 years	-5.76%	-4.94%	-0.82%
Max Drawdown (5Y) Largest decline over 5 years	-17.45%	—	—
Current Drawdown Current decline from peak	-1.36%	-0.79%	-0.57%
Average Drawdown Average peak-to-trough decline	-6.50%	-4.77%	-1.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.82%	0.89%	-0.07%

Volatility

EUSB vs. KDRN - Volatility Comparison

iShares ESG Advanced Total USD Bond Market ETF (EUSB) has a higher volatility of 1.17% compared to Kingsbarn Tactical Bond ETF (KDRN) at 0.75%. This indicates that EUSB's price experiences larger fluctuations and is considered to be riskier than KDRN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EUSB	KDRN	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.17%	0.75%	+0.42%
Volatility (6M) Calculated over the trailing 6-month period	2.49%	2.11%	+0.38%
Volatility (1Y) Calculated over the trailing 1-year period	3.57%	3.54%	+0.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.77%	6.61%	-0.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.41%	6.61%	-1.20%

EUSB vs. KDRN - Expense Ratio Comparison

EUSB has a 0.12% expense ratio, which is lower than KDRN's 1.09% expense ratio.

Dividends

EUSB vs. KDRN - Dividend Comparison

EUSB's dividend yield for the trailing twelve months is around 3.97%, more than KDRN's 3.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
EUSB iShares ESG Advanced Total USD Bond Market ETF	3.97%	3.84%	3.67%	3.08%	2.21%	1.10%	0.57%
KDRN Kingsbarn Tactical Bond ETF	3.11%	2.54%	2.83%	2.84%	2.11%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EUSB and KDRN in my portfolio?

EUSB and KDRN have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EUSB or KDRN?

EUSB has higher volatility (1.17%) compared to KDRN (0.75%). In terms of maximum drawdown, EUSB dropped -17.87% vs KDRN's -15.29%.

Which ETF is better, EUSB or KDRN?

On 3-year performance, EUSB leads with 4.27% vs 3.52% for KDRN. On fees, EUSB is cheaper at 0.12% per year. On volatility, KDRN has been the lower-risk option at 0.75%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EUSB or KDRN?

Over the 3-year period, EUSB has performed better with a 4.27% return vs 3.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EUSB or KDRN?

EUSB is cheaper with a 0.12% expense ratio, compared with 1.09% for KDRN.

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

EUSB has the higher dividend yield at 3.97%, compared with 3.11% for KDRN.

What is the main difference between EUSB and KDRN?

They also come from different issuers: iShares and Kingsbarn. Their fees differ too: 0.12% for EUSB and 1.09% for KDRN.

Which has better risk-adjusted returns?

EUSB currently has the higher Sharpe Ratio (1.45 vs 0.97), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.