IS3J.DE vs. EUNA.DE
IS3J.DE (iShares $ Short Duration Corp Bond UCITS ETF USD (Dist)) and EUNA.DE (iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc) are both exchange-traded funds - IS3J.DE is a Short-Term Bond fund tracking the iBoxx USD Liquid Investment Grade 0-5 Index, 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, IS3J.DE returned 3.17%/yr vs -1.36%/yr for EUNA.DE. At a 0.02 correlation, their price movements are largely independent. IS3J.DE charges 0.20%/yr vs 0.10%/yr for EUNA.DE.
Performance
IS3J.DE vs. EUNA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IS3J.DE achieves a 3.94% return, which is significantly higher than EUNA.DE's -0.40% return.
IS3J.DE
- 1D
- 0.02%
- 1M
- 1.83%
- 6M
- 3.89%
- YTD
- 3.94%
- 1Y
- 6.83%
- 3Y*
- 3.68%
- 5Y*
- 3.17%
- 10Y*
- 2.17%
EUNA.DE
- 1D
- -0.20%
- 1M
- 0.41%
- 6M
- 0.20%
- YTD
- -0.40%
- 1Y
- 0.82%
- 3Y*
- 2.34%
- 5Y*
- -1.36%
- 10Y*
- —
IS3J.DE vs. EUNA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IS3J.DE iShares $ Short Duration Corp Bond UCITS ETF USD (Dist) | 3.94% | -5.65% | 10.87% | 2.09% | 1.39% | 7.75% | -4.93% | 8.80% | 5.49% | -1.99% |
EUNA.DE iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc | -0.40% | 2.91% | 1.48% | 4.41% | -13.52% | -2.42% | 3.86% | 5.07% | -1.20% | -0.20% |
Correlation
The correlation between IS3J.DE and EUNA.DE is -0.22, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.04 |
Correlation (All Time) Calculated using the full available price history since Nov 21, 2017 | 0.02 |
The correlation between IS3J.DE and EUNA.DE shifts across timeframes, from -0.22 (1 year) to 0.02 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IS3J.DE vs. EUNA.DE — Risk / Return Rank
IS3J.DE
EUNA.DE
IS3J.DE vs. EUNA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares $ Short Duration Corp Bond UCITS ETF USD (Dist) (IS3J.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.
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.
| IS3J.DE | EUNA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.02 | ||
| Sortino ratioReturn per unit of downside risk | +1.51 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.04 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.09 | 0.29 | +1.80 |
| Martin ratioReturn relative to average drawdown | 5.54 | 0.78 | +4.77 |
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Drawdowns
IS3J.DE vs. EUNA.DE - Drawdown Comparison
The maximum IS3J.DE drawdown since its inception was -27.90%, which is greater than EUNA.DE's maximum drawdown of -17.81%. Use the drawdown chart below to compare losses from any high point for IS3J.DE and EUNA.DE.
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Drawdown Indicators
| IS3J.DE | EUNA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.90% | -17.81% | -10.09% |
Max Drawdown (1Y)Largest decline over 1 year | -3.25% | -2.80% | -0.45% |
Max Drawdown (3Y)Largest decline over 3 years | -10.22% | -4.11% | -6.11% |
Max Drawdown (5Y)Largest decline over 5 years | -11.14% | -17.04% | +5.90% |
Max Drawdown (10Y)Largest decline over 10 years | -20.04% | — | — |
Current DrawdownCurrent decline from peak | -4.01% | -8.53% | +4.52% |
Average DrawdownAverage peak-to-trough decline | -8.43% | -6.71% | -1.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.23% | 1.05% | +0.18% |
Volatility
IS3J.DE vs. EUNA.DE - Volatility Comparison
iShares $ Short Duration Corp Bond UCITS ETF USD (Dist) (IS3J.DE) has a higher volatility of 1.57% compared to iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (EUNA.DE) at 0.86%. This indicates that IS3J.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
| IS3J.DE | EUNA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.57% | 0.86% | +0.71% |
Volatility (6M)Calculated over the trailing 6-month period | 3.87% | 2.83% | +1.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.50% | 3.73% | +1.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.94% | 4.84% | +2.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.59% | 4.44% | +4.15% |
IS3J.DE vs. EUNA.DE - Expense Ratio Comparison
IS3J.DE has a 0.20% expense ratio, which is higher than EUNA.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
IS3J.DE vs. EUNA.DE - Dividend Comparison
IS3J.DE's dividend yield for the trailing twelve months is around 4.34%, 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% |
IS3J.DE iShares $ Short Duration Corp Bond UCITS ETF USD (Dist) | 4.34% | 4.43% | 3.91% | 3.18% | 1.87% | 1.44% | 2.26% | 2.64% | 2.24% | 1.94% | 1.68% | 1.41% |
Frequently Asked Questions
IS3J.DE and EUNA.DE have a correlation of -0.22, 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 0.20% for IS3J.DE.
IS3J.DE is categorized as Short-Term Bond, while EUNA.DE is Global Bonds. IS3J.DE tracks iBoxx USD Liquid Investment Grade 0-5 Index, while EUNA.DE tracks Bloomberg Global Aggregate Bond (EUR Hedged). Their fees differ too: 0.20% for IS3J.DE and 0.10% for EUNA.DE.
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