IBGM.AS vs. EUEA.AS
IBGM.AS (iShares EUR Government Bond 7-10yr UCITS ETF EUR (Dist)) and EUEA.AS (iShares EURO STOXX 50 UCITS ETF) are both exchange-traded funds - IBGM.AS is a European Government Bonds fund tracking the BBG EU Term 7-10 Year Index, while EUEA.AS is a Europe Equities fund tracking the MSCI EMU NR EUR. Both are passively managed. Over the past 10 years, IBGM.AS returned -0.17%/yr vs 10.53%/yr for EUEA.AS. At a correlation of -0.08, they often move in opposite directions. IBGM.AS charges 0.15%/yr vs 0.10%/yr for EUEA.AS.
Performance
IBGM.AS vs. EUEA.AS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IBGM.AS achieves a 0.01% return, which is significantly lower than EUEA.AS's 7.45% return. Over the past 10 years, IBGM.AS has underperformed EUEA.AS with an annualized return of -0.17%, while EUEA.AS has yielded a comparatively higher 10.53% annualized return.
IBGM.AS
- 1D
- 0.06%
- 1M
- -0.05%
- YTD
- 0.01%
- 6M
- 0.07%
- 1Y
- 0.71%
- 3Y*
- 2.56%
- 5Y*
- -2.33%
- 10Y*
- -0.17%
EUEA.AS
- 1D
- 0.82%
- 1M
- 1.75%
- YTD
- 7.45%
- 6M
- 8.54%
- 1Y
- 15.70%
- 3Y*
- 15.60%
- 5Y*
- 11.52%
- 10Y*
- 10.53%
IBGM.AS vs. EUEA.AS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IBGM.AS iShares EUR Government Bond 7-10yr UCITS ETF EUR (Dist) | 0.01% | 1.50% | 1.28% | 9.04% | -20.29% | -3.24% | 4.29% | 6.68% | 1.19% | 1.04% |
EUEA.AS iShares EURO STOXX 50 UCITS ETF | 7.45% | 21.70% | 11.49% | 23.09% | -9.29% | 24.04% | -2.55% | 27.75% | -11.10% | 9.82% |
Correlation
The correlation between IBGM.AS and EUEA.AS is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Dec 6, 2007 | -0.08 |
The correlation between IBGM.AS and EUEA.AS shifts across timeframes, from -0.08 (all time) to 0.39 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IBGM.AS vs. EUEA.AS — Risk / Return Rank
IBGM.AS
EUEA.AS
IBGM.AS vs. EUEA.AS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares EUR Government Bond 7-10yr UCITS ETF EUR (Dist) (IBGM.AS) and iShares EURO STOXX 50 UCITS ETF (EUEA.AS). 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.
| IBGM.AS | EUEA.AS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.95 | ||
| Sortino ratioReturn per unit of downside risk | -1.45 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.18 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.05 | 1.43 | -1.38 |
| Martin ratioReturn relative to average drawdown | 0.14 | 4.86 | -4.72 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IBGM.AS | EUEA.AS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.04 | 0.99 | -0.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.31 | 0.65 | -0.96 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.03 | 0.57 | -0.60 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.12 | +0.27 |
Drawdowns
IBGM.AS vs. EUEA.AS - Drawdown Comparison
The maximum IBGM.AS drawdown since its inception was -23.23%, smaller than the maximum EUEA.AS drawdown of -62.53%. Use the drawdown chart below to compare losses from any high point for IBGM.AS and EUEA.AS.
Loading charts...
Drawdown Indicators
| IBGM.AS | EUEA.AS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.23% | -62.53% | +39.30% |
Max Drawdown (1Y)Largest decline over 1 year | -4.14% | -10.91% | +6.77% |
Max Drawdown (3Y)Largest decline over 3 years | -4.62% | -16.32% | +11.70% |
Max Drawdown (5Y)Largest decline over 5 years | -22.90% | -23.35% | +0.45% |
Max Drawdown (10Y)Largest decline over 10 years | -23.23% | -38.22% | +14.99% |
Current DrawdownCurrent decline from peak | -13.69% | -0.49% | -13.20% |
Average DrawdownAverage peak-to-trough decline | -5.45% | -24.30% | +18.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.52% | 3.22% | -1.70% |
Volatility
IBGM.AS vs. EUEA.AS - Volatility Comparison
The current volatility for iShares EUR Government Bond 7-10yr UCITS ETF EUR (Dist) (IBGM.AS) is 2.32%, while iShares EURO STOXX 50 UCITS ETF (EUEA.AS) has a volatility of 4.91%. This indicates that IBGM.AS experiences smaller price fluctuations and is considered to be less risky than EUEA.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IBGM.AS | EUEA.AS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.32% | 4.91% | -2.59% |
Volatility (6M)Calculated over the trailing 6-month period | 4.35% | 12.92% | -8.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.13% | 15.80% | -10.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.45% | 17.37% | -9.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.13% | 18.11% | -11.98% |
IBGM.AS vs. EUEA.AS - Expense Ratio Comparison
IBGM.AS has a 0.15% expense ratio, which is higher than EUEA.AS's 0.10% 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
IBGM.AS vs. EUEA.AS - Dividend Comparison
IBGM.AS's dividend yield for the trailing twelve months is around 2.92%, more than EUEA.AS's 2.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUEA.AS iShares EURO STOXX 50 UCITS ETF | 2.55% | 2.52% | 3.01% | 3.02% | 2.94% | 2.05% | 2.16% | 3.05% | 3.67% | 2.85% | 3.38% | 2.96% |
IBGM.AS iShares EUR Government Bond 7-10yr UCITS ETF EUR (Dist) | 2.92% | 2.82% | 2.73% | 1.97% | 0.13% | 0.00% | 0.09% | 0.63% | 0.75% | 0.76% | 0.80% | 1.09% |
Frequently Asked Questions
IBGM.AS and EUEA.AS have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUEA.AS is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUEA.AS is cheaper with a 0.10% expense ratio, compared with 0.15% for IBGM.AS.
IBGM.AS is categorized as European Government Bonds, while EUEA.AS is Europe Equities. IBGM.AS tracks BBG EU Term 7-10 Year Index, while EUEA.AS tracks MSCI EMU NR EUR. Their fees differ too: 0.15% for IBGM.AS and 0.10% for EUEA.AS.
Find the right allocation for IBGM.AS and EUEA.AS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer