EXH5.DE vs. EUNL.DE
EXH5.DE (iShares STOXX Europe 600 Insurance UCITS ETF (DE)) and EUNL.DE (iShares Core MSCI World UCITS ETF USD (Acc)) are both exchange-traded funds - EXH5.DE is a Financials Equities fund tracking the STOXX® Europe 600 Insurance, while EUNL.DE is a Global Equities fund tracking the MSCI World Index. Both are passively managed. Over the past 10 years, EXH5.DE returned 11.04%/yr vs 12.82%/yr for EUNL.DE. A 0.63 correlation means they provide meaningful diversification when combined. EXH5.DE charges 0.46%/yr vs 0.20%/yr for EUNL.DE.
Performance
EXH5.DE vs. EUNL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EXH5.DE achieves a -2.53% return, which is significantly lower than EUNL.DE's 10.86% return. Over the past 10 years, EXH5.DE has underperformed EUNL.DE with an annualized return of 11.04%, while EUNL.DE has yielded a comparatively higher 12.82% annualized return.
EXH5.DE
- 1D
- 0.28%
- 1M
- -1.38%
- YTD
- -2.53%
- 6M
- 2.36%
- 1Y
- 2.81%
- 3Y*
- 18.16%
- 5Y*
- 13.96%
- 10Y*
- 11.04%
EUNL.DE
- 1D
- 0.02%
- 1M
- 4.80%
- YTD
- 10.86%
- 6M
- 11.29%
- 1Y
- 23.80%
- 3Y*
- 17.55%
- 5Y*
- 12.89%
- 10Y*
- 12.82%
EXH5.DE vs. EUNL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EXH5.DE iShares STOXX Europe 600 Insurance UCITS ETF (DE) | -2.53% | 29.72% | 22.68% | 12.56% | 3.63% | 19.44% | -10.66% | 30.48% | -7.15% | 11.47% |
EUNL.DE iShares Core MSCI World UCITS ETF USD (Acc) | 10.86% | 7.90% | 25.93% | 20.13% | -13.59% | 32.71% | 5.48% | 31.34% | -5.13% | 7.71% |
Correlation
The correlation between EXH5.DE and EUNL.DE is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Oct 21, 2009 | 0.63 |
Over the past year, the correlation between EXH5.DE and EUNL.DE has dropped to 0.43 - well below their long-term average of 0.63, suggesting their price drivers have been diverging.
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Return for Risk
EXH5.DE vs. EUNL.DE — Risk / Return Rank
EXH5.DE
EUNL.DE
EXH5.DE vs. EUNL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares STOXX Europe 600 Insurance UCITS ETF (DE) (EXH5.DE) and iShares Core MSCI World UCITS ETF USD (Acc) (EUNL.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.
| EXH5.DE | EUNL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.94 | ||
| Sortino ratioReturn per unit of downside risk | -2.62 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.40 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | 0.38 | 3.64 | -3.27 |
| Martin ratioReturn relative to average drawdown | 0.78 | 14.52 | -13.73 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EXH5.DE | EUNL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.19 | 2.12 | -1.94 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 0.90 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 0.84 | -0.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.82 | -0.51 |
Drawdowns
EXH5.DE vs. EUNL.DE - Drawdown Comparison
The maximum EXH5.DE drawdown since its inception was -73.44%, which is greater than EUNL.DE's maximum drawdown of -33.63%. Use the drawdown chart below to compare losses from any high point for EXH5.DE and EUNL.DE.
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Drawdown Indicators
| EXH5.DE | EUNL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.44% | -33.63% | -39.81% |
Max Drawdown (1Y)Largest decline over 1 year | -7.40% | -6.50% | -0.90% |
Max Drawdown (3Y)Largest decline over 3 years | -12.31% | -21.73% | +9.42% |
Max Drawdown (5Y)Largest decline over 5 years | -18.63% | -21.73% | +3.10% |
Max Drawdown (10Y)Largest decline over 10 years | -46.55% | -33.63% | -12.92% |
Current DrawdownCurrent decline from peak | -5.47% | -0.31% | -5.16% |
Average DrawdownAverage peak-to-trough decline | -15.47% | -4.25% | -11.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.57% | 1.64% | +1.93% |
Volatility
EXH5.DE vs. EUNL.DE - Volatility Comparison
iShares STOXX Europe 600 Insurance UCITS ETF (DE) (EXH5.DE) has a higher volatility of 4.83% compared to iShares Core MSCI World UCITS ETF USD (Acc) (EUNL.DE) at 2.62%. This indicates that EXH5.DE's price experiences larger fluctuations and is considered to be riskier than EUNL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EXH5.DE | EUNL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.83% | 2.62% | +2.21% |
Volatility (6M)Calculated over the trailing 6-month period | 11.66% | 7.72% | +3.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.13% | 11.16% | +3.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.59% | 14.17% | +2.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.93% | 15.17% | +4.76% |
EXH5.DE vs. EUNL.DE - Expense Ratio Comparison
EXH5.DE has a 0.46% expense ratio, which is higher than EUNL.DE's 0.20% expense ratio.
Dividends
EXH5.DE vs. EUNL.DE - Dividend Comparison
EXH5.DE's dividend yield for the trailing twelve months is around 3.48%, while EUNL.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUNL.DE iShares Core MSCI World UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EXH5.DE iShares STOXX Europe 600 Insurance UCITS ETF (DE) | 3.48% | 3.39% | 3.59% | 3.79% | 4.51% | 3.56% | 2.52% | 3.84% | 4.03% | 4.87% | 4.34% | 3.67% |
Frequently Asked Questions
EXH5.DE and EUNL.DE have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUNL.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUNL.DE is cheaper with a 0.20% expense ratio, compared with 0.46% for EXH5.DE.
EXH5.DE is categorized as Financials Equities, while EUNL.DE is Global Equities. EXH5.DE tracks STOXX® Europe 600 Insurance, while EUNL.DE tracks MSCI World Index. Their fees differ too: 0.46% for EXH5.DE and 0.20% for EUNL.DE.
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