FRNE.DE vs. 36BA.DE
FRNE.DE (Amundi EUR Floating Rate Corporate Bond ESG UCITS ETF) and 36BA.DE (iShares USD Corporate Bond ESG SRI UCITS ETF EUR Hedged (Dist)) are both Corporate Bonds funds - FRNE.DE tracks the iBoxx MSCI ESG EUR FRN Investment Grade Corporates TCA Index while 36BA.DE tracks the Bloomberg MSCI US Corporate Sustainable SRI Index (EUR Hedged). Both are passively managed. Over the past 5 years, FRNE.DE returned 2.19%/yr vs -1.67%/yr for 36BA.DE. At a 0.03 correlation, their price movements are largely independent. FRNE.DE charges 0.18%/yr vs 0.17%/yr for 36BA.DE.
Performance
FRNE.DE vs. 36BA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, FRNE.DE achieves a 1.17% return, which is significantly higher than 36BA.DE's -0.13% return.
FRNE.DE
- 1D
- 0.05%
- 1M
- 0.24%
- YTD
- 1.17%
- 6M
- 1.15%
- 1Y
- 2.54%
- 3Y*
- 3.50%
- 5Y*
- 2.19%
- 10Y*
- 1.06%
36BA.DE
- 1D
- 0.00%
- 1M
- 0.78%
- YTD
- -0.13%
- 6M
- 0.12%
- 1Y
- 2.58%
- 3Y*
- 3.01%
- 5Y*
- -1.67%
- 10Y*
- —
FRNE.DE vs. 36BA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FRNE.DE Amundi EUR Floating Rate Corporate Bond ESG UCITS ETF | 1.17% | 2.63% | 4.47% | 3.62% | -0.49% | -0.38% | 1.91% |
36BA.DE iShares USD Corporate Bond ESG SRI UCITS ETF EUR Hedged (Dist) | -0.13% | 5.38% | -0.01% | 5.65% | -17.09% | -2.62% | 7.33% |
Correlation
The correlation between FRNE.DE and 36BA.DE is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since May 14, 2020 | 0.03 |
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Return for Risk
FRNE.DE vs. 36BA.DE — Risk / Return Rank
FRNE.DE
36BA.DE
FRNE.DE vs. 36BA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi EUR Floating Rate Corporate Bond ESG UCITS ETF (FRNE.DE) and iShares USD Corporate Bond ESG SRI UCITS ETF EUR Hedged (Dist) (36BA.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.
| FRNE.DE | 36BA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.79 | ||
| Sortino ratioReturn per unit of downside risk | +2.71 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.10 | +0.40 |
| Calmar ratioReturn relative to maximum drawdown | 9.76 | 0.86 | +8.90 |
| Martin ratioReturn relative to average drawdown | 41.53 | 2.14 | +39.39 |
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Drawdowns
FRNE.DE vs. 36BA.DE - Drawdown Comparison
The maximum FRNE.DE drawdown since its inception was -6.19%, smaller than the maximum 36BA.DE drawdown of -23.57%. Use the drawdown chart below to compare losses from any high point for FRNE.DE and 36BA.DE.
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Drawdown Indicators
| FRNE.DE | 36BA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.19% | -23.57% | +17.38% |
Max Drawdown (1Y)Largest decline over 1 year | -0.26% | -2.98% | +2.72% |
Max Drawdown (3Y)Largest decline over 3 years | -0.50% | -6.31% | +5.81% |
Max Drawdown (5Y)Largest decline over 5 years | -1.43% | -23.08% | +21.65% |
Max Drawdown (10Y)Largest decline over 10 years | -6.19% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -10.41% | +10.41% |
Average DrawdownAverage peak-to-trough decline | -0.52% | -11.31% | +10.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.06% | 1.21% | -1.15% |
Volatility
FRNE.DE vs. 36BA.DE - Volatility Comparison
The current volatility for Amundi EUR Floating Rate Corporate Bond ESG UCITS ETF (FRNE.DE) is 0.20%, while iShares USD Corporate Bond ESG SRI UCITS ETF EUR Hedged (Dist) (36BA.DE) has a volatility of 1.24%. This indicates that FRNE.DE experiences smaller price fluctuations and is considered to be less risky than 36BA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FRNE.DE | 36BA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.20% | 1.24% | -1.04% |
Volatility (6M)Calculated over the trailing 6-month period | 0.92% | 3.61% | -2.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.09% | 4.80% | -3.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.15% | 7.22% | -6.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.44% | 6.96% | -5.52% |
FRNE.DE vs. 36BA.DE - Expense Ratio Comparison
FRNE.DE has a 0.18% expense ratio, which is higher than 36BA.DE's 0.17% 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
FRNE.DE vs. 36BA.DE - Dividend Comparison
FRNE.DE has not paid dividends to shareholders, while 36BA.DE's dividend yield for the trailing twelve months is around 4.92%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
36BA.DE iShares USD Corporate Bond ESG SRI UCITS ETF EUR Hedged (Dist) | 4.92% | 4.74% | 4.75% | 4.14% | 2.95% | 1.76% | 0.87% |
FRNE.DE Amundi EUR Floating Rate Corporate Bond ESG UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FRNE.DE and 36BA.DE have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 36BA.DE is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.
36BA.DE is cheaper with a 0.17% expense ratio, compared with 0.18% for FRNE.DE.
FRNE.DE tracks iBoxx MSCI ESG EUR FRN Investment Grade Corporates TCA Index, while 36BA.DE tracks Bloomberg MSCI US Corporate Sustainable SRI Index (EUR Hedged). They also come from different issuers: Amundi and iShares. Their fees differ too: 0.18% for FRNE.DE and 0.17% for 36BA.DE.
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