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GOOGL vs. EUNW.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

GOOGL vs. EUNW.DE

Last updated Jun 9, 2026

GOOGL (Alphabet Inc. Class A) is a stock, while EUNW.DE (iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist)) is European High Yield Bonds fund tracking the iBoxx® EUR Liquid High Yield. Over the past 10 years, GOOGL returned 25.89%/yr vs 3.33%/yr for EUNW.DE. At a 0.20 correlation, their price movements are largely independent.

Performance

GOOGL vs. EUNW.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alphabet Inc. Class A (GOOGL) and iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist) (EUNW.DE). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

GOOGL is traded in USD, while EUNW.DE is traded in EUR. To make them comparable, the EUNW.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, GOOGL achieves a 16.22% return, which is significantly higher than EUNW.DE's -0.32% return. Over the past 10 years, GOOGL has outperformed EUNW.DE with an annualized return of 25.89%, while EUNW.DE has yielded a comparatively lower 3.33% annualized return.

GOOGL

1D
-1.36%
1M
-9.30%
YTD
16.22%
6M
15.96%
1Y
110.03%
3Y*
44.20%
5Y*
24.94%
10Y*
25.89%

EUNW.DE

1D
0.15%
1M
-1.00%
YTD
-0.32%
6M
1.24%
1Y
5.16%
3Y*
9.22%
5Y*
1.72%
10Y*
3.33%
*Multi-year figures are annualized to reflect compound growth (CAGR)

GOOGL vs. EUNW.DE - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
GOOGL
Alphabet Inc. Class A		16.22%65.99%36.01%58.32%-39.09%65.30%30.85%28.18%-0.80%32.93%
EUNW.DE
iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist)		-0.32%18.53%-0.16%14.77%-14.36%-5.19%10.94%7.55%-8.06%19.38%

Correlation

The correlation between GOOGL and EUNW.DE is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.25

Correlation (3Y)
Calculated over the trailing 3-year period

0.18

Correlation (5Y)
Calculated over the trailing 5-year period

0.27

Correlation (10Y)
Calculated over the trailing 10-year period

0.23

Correlation (All Time)
Calculated using the full available price history since Dec 16, 2014

0.20

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Alphabet Inc. Class A

iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist)

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Often compared with EUNW.DE:
EUNW.DE vs. ERN1.LEUNW.DE vs. AYE2.DEEUNW.DE vs. EUNH.DEEUNW.DE vs. XHYG.DEEUNW.DE vs. HIGH.LEUNW.DE vs. VGEA.DEEUNW.DE vs. XEON.DE

Return for Risk

GOOGL vs. EUNW.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
GOOGL
GOOGL Risk / Return Rank: 9696
Overall Rank
GOOGL Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
GOOGL Sortino Ratio Rank: 9898
Sortino Ratio Rank
GOOGL Omega Ratio Rank: 9696
Omega Ratio Rank
GOOGL Calmar Ratio Rank: 9393
Calmar Ratio Rank
GOOGL Martin Ratio Rank: 9696
Martin Ratio Rank
EUNW.DE
EUNW.DE Risk / Return Rank: 2828
Overall Rank
EUNW.DE Sharpe Ratio Rank: 2727
Sharpe Ratio Rank
EUNW.DE Sortino Ratio Rank: 2929
Sortino Ratio Rank
EUNW.DE Omega Ratio Rank: 2929
Omega Ratio Rank
EUNW.DE Calmar Ratio Rank: 2424
Calmar Ratio Rank
EUNW.DE Martin Ratio Rank: 3333
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GOOGL vs. EUNW.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alphabet Inc. Class A (GOOGL) and iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist) (EUNW.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.

GOOGLEUNW.DEDifference
Sharpe ratioReturn per unit of total volatility
3.78
0.65

+3.13

Sortino ratioReturn per unit of downside risk
5.10
1.00

+4.10

Omega ratioGain probability vs. loss probability

1.61

1.12

+0.49

Calmar ratioReturn relative to maximum drawdown

5.43

0.66

+4.77

Martin ratioReturn relative to average drawdown

19.79

1.96

+17.83

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GOOGL vs. EUNW.DE - Sharpe Ratio Comparison

The current GOOGL Sharpe Ratio is 3.78, which is higher than the EUNW.DE Sharpe Ratio of 0.65. The chart below compares the historical Sharpe Ratios of GOOGL and EUNW.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

GOOGLEUNW.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.78

0.65

+3.13

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.80

0.16

+0.64

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.89

0.31

+0.58

Sharpe Ratio (All Time)

Calculated using the full available price history

0.84

0.22

+0.62

Drawdowns

GOOGL vs. EUNW.DE - Drawdown Comparison

The maximum GOOGL drawdown since its inception was -65.29%, which is greater than EUNW.DE's maximum drawdown of -31.65%. Use the drawdown chart below to compare losses from any high point for GOOGL and EUNW.DE.

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Drawdown Indicators

GOOGLEUNW.DEDifference

Max Drawdown

Largest peak-to-trough decline

-65.29%

-31.65%

-33.64%

Max Drawdown (1Y)

Largest decline over 1 year

-20.37%

-7.43%

-12.94%

Max Drawdown (3Y)

Largest decline over 3 years

-29.81%

-7.55%

-22.26%

Max Drawdown (5Y)

Largest decline over 5 years

-44.32%

-31.57%

-12.75%

Max Drawdown (10Y)

Largest decline over 10 years

-44.32%

-31.65%

-12.67%

Current Drawdown

Current decline from peak

-9.71%

-3.13%

-6.58%

Average Drawdown

Average peak-to-trough decline

-13.02%

-8.15%

-4.87%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.58%

2.52%

+3.06%

Volatility

GOOGL vs. EUNW.DE - Volatility Comparison

Alphabet Inc. Class A (GOOGL) has a higher volatility of 8.68% compared to iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist) (EUNW.DE) at 1.73%. This indicates that GOOGL's price experiences larger fluctuations and is considered to be riskier than EUNW.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

GOOGLEUNW.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.68%

1.73%

+6.95%

Volatility (6M)

Calculated over the trailing 6-month period

20.90%

5.75%

+15.15%

Volatility (1Y)

Calculated over the trailing 1-year period

29.33%

7.57%

+21.76%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

31.33%

10.44%

+20.89%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

29.13%

10.65%

+18.48%

Dividends

GOOGL vs. EUNW.DE - Dividend Comparison

GOOGL's dividend yield for the trailing twelve months is around 0.29%, less than EUNW.DE's 5.17% yield.

PositionTTM20252024202320222021202020192018201720162015
EUNW.DE
iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist)		5.17%5.45%6.09%5.41%3.70%3.07%3.67%3.75%3.68%3.78%4.03%4.59%
GOOGL
Alphabet Inc. Class A		0.29%0.27%0.32%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

GOOGL and EUNW.DE have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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