IQQB.DE vs. EUNA.DE
IQQB.DE (iShares MSCI Brazil UCITS ETF (Dist)) and EUNA.DE (iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc) are both exchange-traded funds - IQQB.DE is a Latin America Equities fund tracking the MSCI Brazil, while EUNA.DE is a Global Bonds fund tracking the Bloomberg Global Aggregate Bond (EUR Hedged). Both are passively managed. Over the past 5 years, IQQB.DE returned 5.89%/yr vs -1.29%/yr for EUNA.DE. At a 0.01 correlation, their price movements are largely independent. IQQB.DE charges 0.74%/yr vs 0.10%/yr for EUNA.DE.
Performance
IQQB.DE vs. EUNA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IQQB.DE achieves a 10.83% return, which is significantly higher than EUNA.DE's -0.46% return.
IQQB.DE
- 1D
- -0.33%
- 1M
- -12.83%
- YTD
- 10.83%
- 6M
- 3.33%
- 1Y
- 29.11%
- 3Y*
- 7.22%
- 5Y*
- 5.89%
- 10Y*
- 7.16%
EUNA.DE
- 1D
- 0.22%
- 1M
- -0.12%
- YTD
- -0.46%
- 6M
- -0.07%
- 1Y
- 1.32%
- 3Y*
- 2.28%
- 5Y*
- -1.29%
- 10Y*
- —
IQQB.DE vs. EUNA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IQQB.DE iShares MSCI Brazil UCITS ETF (Dist) | 10.83% | 29.90% | -24.72% | 25.50% | 22.21% | -15.61% | -22.22% | 25.55% | -1.12% | 6.76% |
EUNA.DE iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc | -0.46% | 2.79% | 1.60% | 4.36% | -13.52% | -2.37% | 3.70% | 5.06% | -1.17% | -0.54% |
Correlation
The correlation between IQQB.DE and EUNA.DE is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2017 | 0.01 |
Over the past year, IQQB.DE and EUNA.DE have become more correlated (0.21) than their long-term average of 0.01, meaning their price movements have been converging.
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Return for Risk
IQQB.DE vs. EUNA.DE — Risk / Return Rank
IQQB.DE
EUNA.DE
IQQB.DE vs. EUNA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Brazil UCITS ETF (Dist) (IQQB.DE) and iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (EUNA.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.
| IQQB.DE | EUNA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.00 | ||
| Sortino ratioReturn per unit of downside risk | +1.40 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.06 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.76 | 0.43 | +1.33 |
| Martin ratioReturn relative to average drawdown | 6.01 | 1.18 | +4.83 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IQQB.DE | EUNA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.34 | 0.34 | +1.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.23 | -0.28 | +0.50 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.23 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.08 | -0.05 | +0.14 |
Drawdowns
IQQB.DE vs. EUNA.DE - Drawdown Comparison
The maximum IQQB.DE drawdown since its inception was -69.27%, which is greater than EUNA.DE's maximum drawdown of -17.79%. Use the drawdown chart below to compare losses from any high point for IQQB.DE and EUNA.DE.
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Drawdown Indicators
| IQQB.DE | EUNA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.27% | -17.79% | -51.48% |
Max Drawdown (1Y)Largest decline over 1 year | -16.51% | -2.75% | -13.76% |
Max Drawdown (3Y)Largest decline over 3 years | -27.88% | -4.02% | -23.86% |
Max Drawdown (5Y)Largest decline over 5 years | -28.03% | -17.03% | -11.00% |
Max Drawdown (10Y)Largest decline over 10 years | -52.58% | — | — |
Current DrawdownCurrent decline from peak | -16.51% | -8.66% | -7.85% |
Average DrawdownAverage peak-to-trough decline | -28.58% | -6.76% | -21.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.83% | 0.99% | +3.84% |
Volatility
IQQB.DE vs. EUNA.DE - Volatility Comparison
iShares MSCI Brazil UCITS ETF (Dist) (IQQB.DE) has a higher volatility of 5.70% compared to iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (EUNA.DE) at 1.35%. This indicates that IQQB.DE's price experiences larger fluctuations and is considered to be riskier than EUNA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IQQB.DE | EUNA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.70% | 1.35% | +4.35% |
Volatility (6M)Calculated over the trailing 6-month period | 17.76% | 2.82% | +14.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.70% | 3.46% | +18.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.87% | 4.64% | +21.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.51% | 4.27% | +27.24% |
IQQB.DE vs. EUNA.DE - Expense Ratio Comparison
IQQB.DE has a 0.74% expense ratio, which is higher than EUNA.DE's 0.10% expense ratio.
Dividends
IQQB.DE vs. EUNA.DE - Dividend Comparison
IQQB.DE's dividend yield for the trailing twelve months is around 4.36%, while EUNA.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUNA.DE iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IQQB.DE iShares MSCI Brazil UCITS ETF (Dist) | 4.36% | 4.47% | 6.44% | 5.50% | 13.94% | 6.23% | 1.92% | 2.46% | 2.55% | 1.49% | 1.74% | 3.53% |
Frequently Asked Questions
IQQB.DE and EUNA.DE have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUNA.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUNA.DE is cheaper with a 0.10% expense ratio, compared with 0.74% for IQQB.DE.
IQQB.DE is categorized as Latin America Equities, while EUNA.DE is Global Bonds. IQQB.DE tracks MSCI Brazil, while EUNA.DE tracks Bloomberg Global Aggregate Bond (EUR Hedged). Their fees differ too: 0.74% for IQQB.DE and 0.10% for EUNA.DE.
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