EXV4.DE vs. EUNL.DE
EXV4.DE (iShares STOXX Europe 600 Health Care UCITS ETF (DE)) and EUNL.DE (iShares Core MSCI World UCITS ETF USD (Acc)) are both exchange-traded funds - EXV4.DE is a Health & Biotech Equities fund tracking the STOXX® Europe 600 Health Care, while EUNL.DE is a Global Equities fund tracking the MSCI World Index. Both are passively managed. Over the past 10 years, EXV4.DE returned 5.78%/yr vs 12.82%/yr for EUNL.DE. A 0.61 correlation means they provide meaningful diversification when combined. EXV4.DE charges 0.46%/yr vs 0.20%/yr for EUNL.DE.
Performance
EXV4.DE vs. EUNL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EXV4.DE achieves a -2.60% return, which is significantly lower than EUNL.DE's 10.86% return. Over the past 10 years, EXV4.DE has underperformed EUNL.DE with an annualized return of 5.78%, while EUNL.DE has yielded a comparatively higher 12.82% annualized return.
EXV4.DE
- 1D
- 2.82%
- 1M
- 0.11%
- YTD
- -2.60%
- 6M
- -1.19%
- 1Y
- 4.38%
- 3Y*
- 2.32%
- 5Y*
- 4.98%
- 10Y*
- 5.78%
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%
EXV4.DE vs. EUNL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EXV4.DE iShares STOXX Europe 600 Health Care UCITS ETF (DE) | -2.60% | 7.23% | 3.85% | 7.52% | -6.10% | 25.12% | -2.48% | 32.64% | -1.01% | 4.34% |
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 EXV4.DE and EUNL.DE is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Oct 21, 2009 | 0.61 |
Over the past year, the correlation between EXV4.DE and EUNL.DE has dropped to 0.36 - well below their long-term average of 0.61, suggesting their price drivers have been diverging.
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Return for Risk
EXV4.DE vs. EUNL.DE — Risk / Return Rank
EXV4.DE
EUNL.DE
EXV4.DE vs. EUNL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares STOXX Europe 600 Health Care UCITS ETF (DE) (EXV4.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.
| EXV4.DE | EUNL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.83 | ||
| Sortino ratioReturn per unit of downside risk | -2.43 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.40 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 0.38 | 3.64 | -3.26 |
| Martin ratioReturn relative to average drawdown | 0.84 | 14.52 | -13.67 |
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
| EXV4.DE | EUNL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.29 | 2.12 | -1.83 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | 0.90 | -0.58 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.37 | 0.84 | -0.47 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.82 | -0.50 |
Drawdowns
EXV4.DE vs. EUNL.DE - Drawdown Comparison
The maximum EXV4.DE drawdown since its inception was -44.54%, 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 EXV4.DE and EUNL.DE.
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Drawdown Indicators
| EXV4.DE | EUNL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.54% | -33.63% | -10.91% |
Max Drawdown (1Y)Largest decline over 1 year | -12.57% | -6.50% | -6.07% |
Max Drawdown (3Y)Largest decline over 3 years | -26.55% | -21.73% | -4.82% |
Max Drawdown (5Y)Largest decline over 5 years | -26.55% | -21.73% | -4.82% |
Max Drawdown (10Y)Largest decline over 10 years | -26.55% | -33.63% | +7.08% |
Current DrawdownCurrent decline from peak | -11.65% | -0.31% | -11.34% |
Average DrawdownAverage peak-to-trough decline | -11.17% | -4.25% | -6.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.72% | 1.64% | +4.08% |
Volatility
EXV4.DE vs. EUNL.DE - Volatility Comparison
iShares STOXX Europe 600 Health Care UCITS ETF (DE) (EXV4.DE) has a higher volatility of 5.58% compared to iShares Core MSCI World UCITS ETF USD (Acc) (EUNL.DE) at 2.62%. This indicates that EXV4.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
| EXV4.DE | EUNL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.58% | 2.62% | +2.96% |
Volatility (6M)Calculated over the trailing 6-month period | 11.86% | 7.72% | +4.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.68% | 11.16% | +5.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.55% | 14.17% | +1.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.74% | 15.17% | +0.57% |
EXV4.DE vs. EUNL.DE - Expense Ratio Comparison
EXV4.DE has a 0.46% expense ratio, which is higher than EUNL.DE's 0.20% expense ratio.
Dividends
EXV4.DE vs. EUNL.DE - Dividend Comparison
EXV4.DE's dividend yield for the trailing twelve months is around 1.61%, 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% |
EXV4.DE iShares STOXX Europe 600 Health Care UCITS ETF (DE) | 1.61% | 1.58% | 1.45% | 1.60% | 1.59% | 1.47% | 1.24% | 1.79% | 1.85% | 2.64% | 2.90% | 2.60% |
Frequently Asked Questions
EXV4.DE and EUNL.DE have a correlation of 0.36, 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 EXV4.DE.
EXV4.DE is categorized as Health & Biotech Equities, while EUNL.DE is Global Equities. EXV4.DE tracks STOXX® Europe 600 Health Care, while EUNL.DE tracks MSCI World Index. Their fees differ too: 0.46% for EXV4.DE and 0.20% for EUNL.DE.
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