EXXX.DE vs. EUN0.DE
EXXX.DE (iShares ATX UCITS ETF (DE)) and EUN0.DE (iShares Edge MSCI Europe Minimum Volatility UCITS ETF) are both Europe Equities funds from iShares - EXXX.DE tracks the ATX Index while EUN0.DE tracks the MSCI Europe Minimum Volatility. Both are passively managed. Over the past 10 years, EXXX.DE returned 15.61%/yr vs 7.22%/yr for EUN0.DE. A 0.57 correlation means they provide meaningful diversification when combined. EXXX.DE charges 0.32%/yr vs 0.25%/yr for EUN0.DE.
Performance
EXXX.DE vs. EUN0.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EXXX.DE achieves a 26.40% return, which is significantly higher than EUN0.DE's 9.17% return. Over the past 10 years, EXXX.DE has outperformed EUN0.DE with an annualized return of 15.61%, while EUN0.DE has yielded a comparatively lower 7.22% annualized return.
EXXX.DE
- 1D
- 0.98%
- 1M
- 8.32%
- 6M
- 25.26%
- YTD
- 26.40%
- 1Y
- 51.78%
- 3Y*
- 31.33%
- 5Y*
- 17.65%
- 10Y*
- 15.61%
EUN0.DE
- 1D
- 0.50%
- 1M
- 3.95%
- 6M
- 8.82%
- YTD
- 9.17%
- 1Y
- 11.85%
- 3Y*
- 11.83%
- 5Y*
- 7.46%
- 10Y*
- 7.22%
EXXX.DE vs. EUN0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EXXX.DE iShares ATX UCITS ETF (DE) | 26.40% | 51.31% | 10.39% | 13.71% | -16.43% | 42.16% | -11.27% | 19.95% | -18.96% | 32.71% |
EUN0.DE iShares Edge MSCI Europe Minimum Volatility UCITS ETF | 9.17% | 12.27% | 11.42% | 10.79% | -13.21% | 21.52% | -4.02% | 24.18% | -4.36% | 9.14% |
Correlation
The correlation between EXXX.DE and EUN0.DE is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Feb 11, 2013 | 0.57 |
The correlation between EXXX.DE and EUN0.DE shifts across timeframes, from 0.42 (1 year) to 0.57 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
EXXX.DE vs. EUN0.DE — Risk / Return Rank
EXXX.DE
EUN0.DE
EXXX.DE vs. EUN0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ATX UCITS ETF (DE) (EXXX.DE) and iShares Edge MSCI Europe Minimum Volatility UCITS ETF (EUN0.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EXXX.DE | EUN0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.64 | ||
| Sortino ratioReturn per unit of downside risk | +2.27 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.24 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 4.81 | 1.65 | +3.16 |
| Martin ratioReturn relative to average drawdown | 16.27 | 5.07 | +11.20 |
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Drawdowns
EXXX.DE vs. EUN0.DE - Drawdown Comparison
The maximum EXXX.DE drawdown since its inception was -71.43%, which is greater than EUN0.DE's maximum drawdown of -30.68%. Use the drawdown chart below to compare losses from any high point for EXXX.DE and EUN0.DE.
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Drawdown Indicators
| EXXX.DE | EUN0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.43% | -30.68% | -40.75% |
Max Drawdown (1Y)Largest decline over 1 year | -10.71% | -7.16% | -3.55% |
Max Drawdown (3Y)Largest decline over 3 years | -16.11% | -10.73% | -5.38% |
Max Drawdown (5Y)Largest decline over 5 years | -32.69% | -19.64% | -13.05% |
Max Drawdown (10Y)Largest decline over 10 years | -52.90% | -30.68% | -22.22% |
Current DrawdownCurrent decline from peak | -0.44% | 0.00% | -0.44% |
Average DrawdownAverage peak-to-trough decline | -28.46% | -4.67% | -23.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.17% | 2.33% | +0.84% |
Volatility
EXXX.DE vs. EUN0.DE - Volatility Comparison
iShares ATX UCITS ETF (DE) (EXXX.DE) has a higher volatility of 5.95% compared to iShares Edge MSCI Europe Minimum Volatility UCITS ETF (EUN0.DE) at 2.30%. This indicates that EXXX.DE's price experiences larger fluctuations and is considered to be riskier than EUN0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EXXX.DE | EUN0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.95% | 2.30% | +3.65% |
Volatility (6M)Calculated over the trailing 6-month period | 14.44% | 7.44% | +7.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.43% | 8.98% | +8.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.15% | 11.05% | +8.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.00% | 12.23% | +7.77% |
EXXX.DE vs. EUN0.DE - Expense Ratio Comparison
EXXX.DE has a 0.32% expense ratio, which is higher than EUN0.DE's 0.25% expense ratio.
Dividends
EXXX.DE vs. EUN0.DE - Dividend Comparison
EXXX.DE's dividend yield for the trailing twelve months is around 2.92%, while EUN0.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUN0.DE iShares Edge MSCI Europe Minimum Volatility UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EXXX.DE iShares ATX UCITS ETF (DE) | 2.92% | 2.53% | 4.30% | 3.53% | 3.61% | 1.04% | 1.18% | 1.73% | 0.48% | 0.65% | 1.08% | 1.65% |
Frequently Asked Questions
EXXX.DE and EUN0.DE have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUN0.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUN0.DE is cheaper with a 0.25% expense ratio, compared with 0.32% for EXXX.DE.
EXXX.DE tracks ATX Index, while EUN0.DE tracks MSCI Europe Minimum Volatility. Their fees differ too: 0.32% for EXXX.DE and 0.25% for EUN0.DE.
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