IS02.DE vs. EUNW.DE
IS02.DE (iShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (Acc)) and EUNW.DE (iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist)) are both exchange-traded funds - IS02.DE is a Emerging Markets Bonds fund tracking the JP Morgan EMBI Global Core, while EUNW.DE is a European High Yield Bonds fund tracking the iBoxx® EUR Liquid High Yield. Both are passively managed. Over the past 5 years, IS02.DE returned 2.88%/yr vs 2.68%/yr for EUNW.DE. At a 0.33 correlation, their price movements are largely independent. IS02.DE charges 0.45%/yr vs 0.50%/yr for EUNW.DE.
Performance
IS02.DE vs. EUNW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IS02.DE achieves a 2.97% return, which is significantly higher than EUNW.DE's 0.85% return.
IS02.DE
- 1D
- 0.11%
- 1M
- 1.71%
- YTD
- 2.97%
- 6M
- 2.72%
- 1Y
- 9.38%
- 3Y*
- 6.78%
- 5Y*
- 2.88%
- 10Y*
- —
EUNW.DE
- 1D
- 0.05%
- 1M
- 0.82%
- YTD
- 0.85%
- 6M
- 1.41%
- 1Y
- 3.18%
- 3Y*
- 6.32%
- 5Y*
- 2.68%
- 10Y*
- 3.10%
IS02.DE vs. EUNW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IS02.DE iShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (Acc) | 2.97% | 1.10% | 11.83% | 6.71% | -13.12% | 5.72% | 0.08% |
EUNW.DE iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist) | 0.85% | 5.00% | 5.90% | 11.26% | -9.36% | 2.93% | 5.11% |
Correlation
The correlation between IS02.DE and EUNW.DE is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Aug 17, 2020 | 0.33 |
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Return for Risk
IS02.DE vs. EUNW.DE — Risk / Return Rank
IS02.DE
EUNW.DE
IS02.DE vs. EUNW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (Acc) (IS02.DE) 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.
| IS02.DE | EUNW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.61 | ||
| Sortino ratioReturn per unit of downside risk | +0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.19 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.11 | 1.12 | +1.99 |
| Martin ratioReturn relative to average drawdown | 8.98 | 4.73 | +4.26 |
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
| IS02.DE | EUNW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.57 | 0.96 | +0.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | 0.50 | -0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.47 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 0.47 | -0.20 |
Drawdowns
IS02.DE vs. EUNW.DE - Drawdown Comparison
The maximum IS02.DE drawdown since its inception was -16.21%, smaller than the maximum EUNW.DE drawdown of -25.47%. Use the drawdown chart below to compare losses from any high point for IS02.DE and EUNW.DE.
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Drawdown Indicators
| IS02.DE | EUNW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.21% | -25.47% | +9.26% |
Max Drawdown (1Y)Largest decline over 1 year | -3.00% | -2.83% | -0.17% |
Max Drawdown (3Y)Largest decline over 3 years | -12.85% | -3.80% | -9.05% |
Max Drawdown (5Y)Largest decline over 5 years | -16.21% | -14.79% | -1.42% |
Max Drawdown (10Y)Largest decline over 10 years | — | -25.47% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.10% | +0.10% |
Average DrawdownAverage peak-to-trough decline | -5.92% | -2.31% | -3.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.04% | 0.67% | +0.37% |
Volatility
IS02.DE vs. EUNW.DE - Volatility Comparison
iShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (Acc) (IS02.DE) has a higher volatility of 1.19% compared to iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist) (EUNW.DE) at 0.79%. This indicates that IS02.DE'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
| IS02.DE | EUNW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.19% | 0.79% | +0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 3.97% | 2.86% | +1.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.94% | 3.30% | +2.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.53% | 5.25% | +3.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.34% | 6.58% | +1.76% |
IS02.DE vs. EUNW.DE - Expense Ratio Comparison
IS02.DE has a 0.45% expense ratio, which is lower than EUNW.DE's 0.50% expense ratio.
Dividends
IS02.DE vs. EUNW.DE - Dividend Comparison
IS02.DE has not paid dividends to shareholders, while EUNW.DE's dividend yield for the trailing twelve months is around 5.17%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
IS02.DE iShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (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% |
Frequently Asked Questions
IS02.DE and EUNW.DE have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IS02.DE is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IS02.DE is cheaper with a 0.45% expense ratio, compared with 0.50% for EUNW.DE.
IS02.DE is categorized as Emerging Markets Bonds, while EUNW.DE is European High Yield Bonds. IS02.DE tracks JP Morgan EMBI Global Core, while EUNW.DE tracks iBoxx® EUR Liquid High Yield. Their fees differ too: 0.45% for IS02.DE and 0.50% for EUNW.DE.
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