IS3H.DE vs. EUN2.DE
IS3H.DE (iShares MSCI EMU Mid Cap UCITS ETF) and EUN2.DE (iShares Core EURO STOXX 50 UCITS ETF EUR (Dist)) are both Europe Equities funds from iShares - IS3H.DE tracks the MSCI EMU Mid Cap while EUN2.DE tracks the EURO STOXX® 50. Both are passively managed. Over the past 10 years, IS3H.DE returned 9.47%/yr vs 10.53%/yr for EUN2.DE. Their correlation of 0.86 suggests significant overlap in exposure. IS3H.DE charges 0.49%/yr vs 0.10%/yr for EUN2.DE.
Performance
IS3H.DE vs. EUN2.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IS3H.DE achieves a 9.28% return, which is significantly higher than EUN2.DE's 7.12% return. Over the past 10 years, IS3H.DE has underperformed EUN2.DE with an annualized return of 9.47%, while EUN2.DE has yielded a comparatively higher 10.53% annualized return.
IS3H.DE
- 1D
- 0.47%
- 1M
- -0.13%
- YTD
- 9.28%
- 6M
- 11.27%
- 1Y
- 16.64%
- 3Y*
- 18.25%
- 5Y*
- 9.27%
- 10Y*
- 9.47%
EUN2.DE
- 1D
- 0.76%
- 1M
- 1.87%
- YTD
- 7.12%
- 6M
- 8.50%
- 1Y
- 15.68%
- 3Y*
- 15.61%
- 5Y*
- 11.50%
- 10Y*
- 10.53%
IS3H.DE vs. EUN2.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IS3H.DE iShares MSCI EMU Mid Cap UCITS ETF | 9.28% | 30.84% | 11.73% | 8.69% | -14.80% | 15.42% | 3.89% | 29.25% | -15.98% | 19.16% |
EUN2.DE iShares Core EURO STOXX 50 UCITS ETF EUR (Dist) | 7.12% | 22.24% | 10.97% | 22.70% | -8.84% | 23.49% | -3.00% | 30.05% | -12.00% | 10.20% |
Correlation
The correlation between IS3H.DE and EUN2.DE is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.87 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.88 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.91 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.90 |
Correlation (All Time) Calculated using the full available price history since Sep 25, 2013 | 0.86 |
The correlation between IS3H.DE and EUN2.DE has been stable across timeframes, ranging from 0.86 to 0.91 - a consistent structural relationship.
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
IS3H.DE vs. EUN2.DE — Risk / Return Rank
IS3H.DE
EUN2.DE
IS3H.DE vs. EUN2.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EMU Mid Cap UCITS ETF (IS3H.DE) and iShares Core EURO STOXX 50 UCITS ETF EUR (Dist) (EUN2.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.
| IS3H.DE | EUN2.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.42 | ||
| Sortino ratioReturn per unit of downside risk | +0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.18 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.15 | 1.43 | +0.72 |
| Martin ratioReturn relative to average drawdown | 7.71 | 4.86 | +2.86 |
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
| IS3H.DE | EUN2.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.40 | 0.99 | +0.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.65 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | 0.57 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.17 | +0.40 |
Drawdowns
IS3H.DE vs. EUN2.DE - Drawdown Comparison
The maximum IS3H.DE drawdown since its inception was -37.63%, smaller than the maximum EUN2.DE drawdown of -65.11%. Use the drawdown chart below to compare losses from any high point for IS3H.DE and EUN2.DE.
Loading charts...
Drawdown Indicators
| IS3H.DE | EUN2.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.63% | -65.11% | +27.48% |
Max Drawdown (1Y)Largest decline over 1 year | -8.11% | -10.98% | +2.87% |
Max Drawdown (3Y)Largest decline over 3 years | -14.21% | -16.46% | +2.25% |
Max Drawdown (5Y)Largest decline over 5 years | -26.54% | -23.30% | -3.24% |
Max Drawdown (10Y)Largest decline over 10 years | -37.63% | -38.35% | +0.72% |
Current DrawdownCurrent decline from peak | -1.34% | -0.57% | -0.77% |
Average DrawdownAverage peak-to-trough decline | -6.35% | -19.35% | +13.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.27% | 3.24% | -0.97% |
Volatility
IS3H.DE vs. EUN2.DE - Volatility Comparison
The current volatility for iShares MSCI EMU Mid Cap UCITS ETF (IS3H.DE) is 3.33%, while iShares Core EURO STOXX 50 UCITS ETF EUR (Dist) (EUN2.DE) has a volatility of 4.96%. This indicates that IS3H.DE experiences smaller price fluctuations and is considered to be less risky than EUN2.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IS3H.DE | EUN2.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.33% | 4.96% | -1.63% |
Volatility (6M)Calculated over the trailing 6-month period | 9.77% | 12.88% | -3.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.45% | 15.93% | -3.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.31% | 17.46% | -2.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.15% | 18.23% | -2.08% |
IS3H.DE vs. EUN2.DE - Expense Ratio Comparison
IS3H.DE has a 0.49% expense ratio, which is higher than EUN2.DE's 0.10% expense ratio.
Dividends
IS3H.DE vs. EUN2.DE - Dividend Comparison
IS3H.DE has not paid dividends to shareholders, while EUN2.DE's dividend yield for the trailing twelve months is around 2.55%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUN2.DE iShares Core EURO STOXX 50 UCITS ETF EUR (Dist) | 2.55% | 2.51% | 3.02% | 3.02% | 2.92% | 2.05% | 2.15% | 3.02% | 3.70% | 2.85% | 3.38% | 2.93% |
IS3H.DE iShares MSCI EMU Mid Cap UCITS ETF | 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
IS3H.DE and EUN2.DE have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUN2.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUN2.DE is cheaper with a 0.10% expense ratio, compared with 0.49% for IS3H.DE.
IS3H.DE tracks MSCI EMU Mid Cap, while EUN2.DE tracks EURO STOXX® 50. Their fees differ too: 0.49% for IS3H.DE and 0.10% for EUN2.DE.
Find the right allocation for IS3H.DE and EUN2.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