IEXA.DE vs. EFRN.DE
IEXA.DE (iShares EUR Corporate Bond ex-Financials UCITS ETF EUR Acc) and EFRN.DE (iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist)) are both European Corporate Bonds funds from iShares - IEXA.DE tracks the Bloomberg Euro Corporate ex-Financials Bond while EFRN.DE tracks the Bloomberg Euro Agg Corp 1-3 Yr TR EUR. Both are passively managed. Over the past 3 years, IEXA.DE returned 4.16%/yr vs 3.68%/yr for EFRN.DE. At a 0.02 correlation, their price movements are largely independent. IEXA.DE charges 0.20%/yr vs 0.10%/yr for EFRN.DE.
Performance
IEXA.DE vs. EFRN.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IEXA.DE achieves a 1.30% return, which is significantly higher than EFRN.DE's 1.22% return.
IEXA.DE
- 1D
- 0.00%
- 1M
- 0.74%
- YTD
- 1.30%
- 6M
- 1.48%
- 1Y
- 2.24%
- 3Y*
- 4.16%
- 5Y*
- —
- 10Y*
- —
EFRN.DE
- 1D
- 0.20%
- 1M
- 0.40%
- YTD
- 1.22%
- 6M
- 1.42%
- 1Y
- 2.72%
- 3Y*
- 3.68%
- 5Y*
- 2.39%
- 10Y*
- —
IEXA.DE vs. EFRN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IEXA.DE iShares EUR Corporate Bond ex-Financials UCITS ETF EUR Acc | 1.30% | 2.47% | 3.54% | 7.38% | -5.39% |
EFRN.DE iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist) | 1.22% | 2.91% | 4.29% | 4.00% | 0.20% |
Correlation
The correlation between IEXA.DE and EFRN.DE is -0.04, 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 | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since May 27, 2022 | 0.02 |
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
IEXA.DE vs. EFRN.DE — Risk / Return Rank
IEXA.DE
EFRN.DE
IEXA.DE vs. EFRN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares EUR Corporate Bond ex-Financials UCITS ETF EUR Acc (IEXA.DE) and iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist) (EFRN.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.
| IEXA.DE | EFRN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.97 | ||
| Sortino ratioReturn per unit of downside risk | -1.51 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.49 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | 0.87 | 7.30 | -6.43 |
| Martin ratioReturn relative to average drawdown | 2.79 | 27.93 | -25.14 |
Loading charts...
Drawdowns
IEXA.DE vs. EFRN.DE - Drawdown Comparison
The maximum IEXA.DE drawdown since its inception was -9.06%, which is greater than EFRN.DE's maximum drawdown of -5.58%. Use the drawdown chart below to compare losses from any high point for IEXA.DE and EFRN.DE.
Loading charts...
Drawdown Indicators
| IEXA.DE | EFRN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.06% | -5.58% | -3.48% |
Max Drawdown (1Y)Largest decline over 1 year | -2.56% | -0.37% | -2.19% |
Max Drawdown (3Y)Largest decline over 3 years | -2.56% | -0.39% | -2.17% |
Max Drawdown (5Y)Largest decline over 5 years | — | -1.20% | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -2.24% | -0.29% | -1.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.80% | 0.10% | +0.70% |
Volatility
IEXA.DE vs. EFRN.DE - Volatility Comparison
iShares EUR Corporate Bond ex-Financials UCITS ETF EUR Acc (IEXA.DE) has a higher volatility of 0.78% compared to iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist) (EFRN.DE) at 0.27%. This indicates that IEXA.DE's price experiences larger fluctuations and is considered to be riskier than EFRN.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IEXA.DE | EFRN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.78% | 0.27% | +0.51% |
Volatility (6M)Calculated over the trailing 6-month period | 2.77% | 1.16% | +1.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.26% | 1.63% | +1.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.77% | 1.46% | +3.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.77% | 1.70% | +3.07% |
IEXA.DE vs. EFRN.DE - Expense Ratio Comparison
IEXA.DE has a 0.20% expense ratio, which is higher than EFRN.DE'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
IEXA.DE vs. EFRN.DE - Dividend Comparison
IEXA.DE has not paid dividends to shareholders, while EFRN.DE's dividend yield for the trailing twelve months is around 2.49%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
EFRN.DE iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist) | 2.49% | 2.88% | 4.22% | 2.93% | 0.00% | 0.00% | 0.00% |
IEXA.DE iShares EUR Corporate Bond ex-Financials UCITS ETF EUR Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IEXA.DE and EFRN.DE have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EFRN.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EFRN.DE is cheaper with a 0.10% expense ratio, compared with 0.20% for IEXA.DE.
IEXA.DE tracks Bloomberg Euro Corporate ex-Financials Bond, while EFRN.DE tracks Bloomberg Euro Agg Corp 1-3 Yr TR EUR. Their fees differ too: 0.20% for IEXA.DE and 0.10% for EFRN.DE.
Find the right allocation for IEXA.DE and EFRN.DE
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