EXHD.DE vs. EUNA.DE
EXHD.DE (iShares eb.rexx Government Germany 5.5-10.5yr UCITS ETF (DE)) and EUNA.DE (iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc) are both exchange-traded funds - EXHD.DE is a European Government Bonds fund tracking the eb.rexx® Government Germany 5.5-10.5, while EUNA.DE is a Global Bonds fund tracking the Bloomberg Global Aggregate Bond (EUR Hedged). Both are passively managed. Over the past 5 years, EXHD.DE returned -2.82%/yr vs -1.29%/yr for EUNA.DE. A 0.76 correlation means they provide meaningful diversification when combined. EXHD.DE charges 0.16%/yr vs 0.10%/yr for EUNA.DE.
Performance
EXHD.DE vs. EUNA.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EXHD.DE achieves a -0.51% return, which is significantly lower than EUNA.DE's -0.46% return.
EXHD.DE
- 1D
- 0.17%
- 1M
- -0.45%
- YTD
- -0.51%
- 6M
- -0.74%
- 1Y
- -0.85%
- 3Y*
- 1.05%
- 5Y*
- -2.82%
- 10Y*
- -1.06%
EUNA.DE
- 1D
- 0.22%
- 1M
- -0.12%
- YTD
- -0.46%
- 6M
- -0.07%
- 1Y
- 1.32%
- 3Y*
- 2.28%
- 5Y*
- -1.29%
- 10Y*
- —
EXHD.DE vs. EUNA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EXHD.DE iShares eb.rexx Government Germany 5.5-10.5yr UCITS ETF (DE) | -0.51% | -0.38% | -0.04% | 6.26% | -17.27% | -2.39% | 2.08% | 2.53% | 2.35% | -1.01% |
EUNA.DE iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc | -0.46% | 2.79% | 1.60% | 4.36% | -13.52% | -2.37% | 3.70% | 5.06% | -1.17% | -0.54% |
Correlation
The correlation between EXHD.DE and EUNA.DE is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.76 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2017 | 0.76 |
The correlation between EXHD.DE and EUNA.DE has been stable across timeframes, ranging from 0.76 to 0.80 - a consistent structural relationship.
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
EXHD.DE vs. EUNA.DE — Risk / Return Rank
EXHD.DE
EUNA.DE
EXHD.DE vs. EUNA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares eb.rexx Government Germany 5.5-10.5yr UCITS ETF (DE) (EXHD.DE) and iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (EUNA.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.
| EXHD.DE | EUNA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.65 | ||
| Sortino ratioReturn per unit of downside risk | -0.90 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.06 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.35 | 0.43 | -0.78 |
| Martin ratioReturn relative to average drawdown | -0.91 | 1.18 | -2.09 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EXHD.DE | EUNA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.31 | 0.34 | -0.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.44 | -0.28 | -0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.20 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | -0.05 | +0.39 |
Drawdowns
EXHD.DE vs. EUNA.DE - Drawdown Comparison
The maximum EXHD.DE drawdown since its inception was -22.41%, which is greater than EUNA.DE's maximum drawdown of -17.79%. Use the drawdown chart below to compare losses from any high point for EXHD.DE and EUNA.DE.
Loading charts...
Drawdown Indicators
| EXHD.DE | EUNA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.41% | -17.79% | -4.62% |
Max Drawdown (1Y)Largest decline over 1 year | -3.79% | -2.75% | -1.04% |
Max Drawdown (3Y)Largest decline over 3 years | -4.84% | -4.02% | -0.82% |
Max Drawdown (5Y)Largest decline over 5 years | -20.34% | -17.03% | -3.31% |
Max Drawdown (10Y)Largest decline over 10 years | -22.41% | — | — |
Current DrawdownCurrent decline from peak | -17.09% | -8.66% | -8.43% |
Average DrawdownAverage peak-to-trough decline | -5.58% | -6.76% | +1.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.48% | 0.99% | +0.49% |
Volatility
EXHD.DE vs. EUNA.DE - Volatility Comparison
iShares eb.rexx Government Germany 5.5-10.5yr UCITS ETF (DE) (EXHD.DE) has a higher volatility of 1.99% compared to iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (EUNA.DE) at 1.35%. This indicates that EXHD.DE's price experiences larger fluctuations and is considered to be riskier than EUNA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EXHD.DE | EUNA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.99% | 1.35% | +0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 3.57% | 2.82% | +0.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.30% | 3.46% | +0.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.35% | 4.64% | +1.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.16% | 4.27% | +0.89% |
EXHD.DE vs. EUNA.DE - Expense Ratio Comparison
EXHD.DE has a 0.16% expense ratio, which is higher than EUNA.DE's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EXHD.DE vs. EUNA.DE - Dividend Comparison
EXHD.DE's dividend yield for the trailing twelve months is around 1.37%, while EUNA.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUNA.DE iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) 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% |
EXHD.DE iShares eb.rexx Government Germany 5.5-10.5yr UCITS ETF (DE) | 1.37% | 1.73% | 1.44% | 0.88% | 1.26% | 1.35% | 1.01% | 0.96% | 1.00% | 1.26% | 1.40% | 1.77% |
Frequently Asked Questions
EXHD.DE and EUNA.DE have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUNA.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUNA.DE is cheaper with a 0.10% expense ratio, compared with 0.16% for EXHD.DE.
EXHD.DE is categorized as European Government Bonds, while EUNA.DE is Global Bonds. EXHD.DE tracks eb.rexx® Government Germany 5.5-10.5, while EUNA.DE tracks Bloomberg Global Aggregate Bond (EUR Hedged). Their fees differ too: 0.16% for EXHD.DE and 0.10% for EUNA.DE.
Find the right allocation for EXHD.DE and EUNA.DE
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