IBCN.DE vs. EUNH.DE
Compare and contrast key facts about iShares Euro Government Bond 3-5yr UCITS ETF (IBCN.DE) and iShares Core Euro Government Bond UCITS ETF (Dist) (EUNH.DE).
IBCN.DE and EUNH.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBCN.DE is a passively managed fund by iShares that tracks the performance of the Bloomberg Euro Government Bond 5. It was launched on Dec 8, 2006. EUNH.DE is a passively managed fund by iShares that tracks the performance of the Bloomberg Euro Aggregate Treasury. It was launched on Apr 17, 2009. Both IBCN.DE and EUNH.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IBCN.DE or EUNH.DE.
Key characteristics
| IBCN.DE | EUNH.DE | |
|---|---|---|
| YTD Return | 1.60% | 0.99% |
| 1Y Return | 4.58% | 6.12% |
| 3Y Return (Ann) | -1.47% | -4.38% |
| 5Y Return (Ann) | -0.89% | -2.37% |
| 10Y Return (Ann) | 0.14% | 0.25% |
| Sharpe Ratio | 1.26 | 1.15 |
| Sortino Ratio | 1.89 | 1.74 |
| Omega Ratio | 1.24 | 1.19 |
| Calmar Ratio | 0.45 | 0.30 |
| Martin Ratio | 4.19 | 3.17 |
| Ulcer Index | 1.05% | 1.88% |
| Daily Std Dev | 3.51% | 5.21% |
| Max Drawdown | -12.52% | -22.43% |
| Current Drawdown | -5.62% | -15.17% |
Correlation
The correlation between IBCN.DE and EUNH.DE is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
IBCN.DE vs. EUNH.DE - Performance Comparison
In the year-to-date period, IBCN.DE achieves a 1.60% return, which is significantly higher than EUNH.DE's 0.99% return. Over the past 10 years, IBCN.DE has underperformed EUNH.DE with an annualized return of 0.14%, while EUNH.DE has yielded a comparatively higher 0.25% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IBCN.DE vs. EUNH.DE - Expense Ratio Comparison
IBCN.DE has a 0.15% expense ratio, which is higher than EUNH.DE's 0.07% 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%.
Risk-Adjusted Performance
IBCN.DE vs. EUNH.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Euro Government Bond 3-5yr UCITS ETF (IBCN.DE) and iShares Core Euro Government Bond UCITS ETF (Dist) (EUNH.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.
Dividends
IBCN.DE vs. EUNH.DE - Dividend Comparison
IBCN.DE's dividend yield for the trailing twelve months is around 2.03%, more than EUNH.DE's 1.78% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBCN.DE iShares Euro Government Bond 3-5yr UCITS ETF | 2.03% | 0.80% | 0.00% | 0.00% | 0.00% | 0.07% | 0.12% | 0.08% | 0.13% | 0.23% | 0.00% | 0.00% |
EUNH.DE iShares Core Euro Government Bond UCITS ETF (Dist) | 1.78% | 0.97% | 0.27% | 0.24% | 0.47% | 0.65% | 0.66% | 0.70% | 0.94% | 0.62% | 1.70% | 2.09% |
Drawdowns
IBCN.DE vs. EUNH.DE - Drawdown Comparison
The maximum IBCN.DE drawdown since its inception was -12.52%, smaller than the maximum EUNH.DE drawdown of -22.43%. Use the drawdown chart below to compare losses from any high point for IBCN.DE and EUNH.DE. For additional features, visit the drawdowns tool.
Volatility
IBCN.DE vs. EUNH.DE - Volatility Comparison
The current volatility for iShares Euro Government Bond 3-5yr UCITS ETF (IBCN.DE) is 2.35%, while iShares Core Euro Government Bond UCITS ETF (Dist) (EUNH.DE) has a volatility of 3.01%. This indicates that IBCN.DE experiences smaller price fluctuations and is considered to be less risky than EUNH.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.