ISX5.L vs. SHYU.L
ISX5.L (iShares Core EURO STOXX 50 UCITS ETF) and SHYU.L (iShares $ High Yield Corp Bond UCITS ETF) are both exchange-traded funds - ISX5.L is a Europe Equities fund tracking the MSCI EMU NR EUR, while SHYU.L is a Corporate Bonds fund tracking the Markit iBoxx USD Liquid High Yield Capped Index. Both are passively managed. Over the past 10 years, ISX5.L returned 13.42%/yr vs 5.17%/yr for SHYU.L. At a 0.36 correlation, their price movements are largely independent. ISX5.L charges 0.00%/yr vs 0.50%/yr for SHYU.L.
Performance
ISX5.L vs. SHYU.L - Performance Comparison
Loading charts...
Different Trading Currencies
ISX5.L is traded in USD, while SHYU.L is traded in GBP. To make them comparable, the SHYU.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, ISX5.L achieves a 6.98% return, which is significantly higher than SHYU.L's 1.29% return. Over the past 10 years, ISX5.L has outperformed SHYU.L with an annualized return of 13.42%, while SHYU.L has yielded a comparatively lower 5.17% annualized return.
ISX5.L
- 1D
- 1.09%
- 1M
- 1.30%
- YTD
- 6.98%
- 6M
- 7.17%
- 1Y
- 19.65%
- 3Y*
- 18.41%
- 5Y*
- 10.88%
- 10Y*
- 13.42%
SHYU.L
- 1D
- -0.18%
- 1M
- 0.32%
- YTD
- 1.29%
- 6M
- 1.82%
- 1Y
- 5.67%
- 3Y*
- 8.47%
- 5Y*
- 3.91%
- 10Y*
- 5.17%
ISX5.L vs. SHYU.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ISX5.L iShares Core EURO STOXX 50 UCITS ETF | 6.98% | 37.35% | 4.59% | 26.91% | -13.63% | 13.94% | 6.81% | 25.61% | 1.58% | 9.70% |
SHYU.L iShares $ High Yield Corp Bond UCITS ETF | 1.29% | 9.63% | 6.74% | 10.25% | -8.87% | 4.01% | 4.71% | 13.50% | -1.52% | 5.25% |
Correlation
The correlation between ISX5.L and SHYU.L is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2011 | 0.36 |
The correlation between ISX5.L and SHYU.L shifts across timeframes, from 0.17 (1 year) to 0.38 (10 years), reflecting how their relationship changes across market environments.
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
ISX5.L vs. SHYU.L — Risk / Return Rank
ISX5.L
SHYU.L
ISX5.L vs. SHYU.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core EURO STOXX 50 UCITS ETF (ISX5.L) and iShares $ High Yield Corp Bond UCITS ETF (SHYU.L). 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.
| ISX5.L | SHYU.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.20 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.51 | 1.90 | -0.38 |
| Martin ratioReturn relative to average drawdown | 5.10 | 8.73 | -3.64 |
Loading charts...
Drawdowns
ISX5.L vs. SHYU.L - Drawdown Comparison
The maximum ISX5.L drawdown since its inception was -38.62%, roughly equal to the maximum SHYU.L drawdown of -39.31%. Use the drawdown chart below to compare losses from any high point for ISX5.L and SHYU.L.
Loading charts...
Drawdown Indicators
| ISX5.L | SHYU.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.62% | -39.31% | +0.69% |
Max Drawdown (1Y)Largest decline over 1 year | -12.92% | -2.98% | -9.94% |
Max Drawdown (3Y)Largest decline over 3 years | -15.36% | -4.36% | -11.00% |
Max Drawdown (5Y)Largest decline over 5 years | -34.86% | -14.17% | -20.69% |
Max Drawdown (10Y)Largest decline over 10 years | -38.62% | -21.62% | -17.00% |
Current DrawdownCurrent decline from peak | -2.21% | -0.33% | -1.88% |
Average DrawdownAverage peak-to-trough decline | -8.32% | -8.95% | +0.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.85% | 0.65% | +3.20% |
Volatility
ISX5.L vs. SHYU.L - Volatility Comparison
iShares Core EURO STOXX 50 UCITS ETF (ISX5.L) has a higher volatility of 4.53% compared to iShares $ High Yield Corp Bond UCITS ETF (SHYU.L) at 1.78%. This indicates that ISX5.L's price experiences larger fluctuations and is considered to be riskier than SHYU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ISX5.L | SHYU.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.53% | 1.78% | +2.75% |
Volatility (6M)Calculated over the trailing 6-month period | 15.31% | 3.99% | +11.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.11% | 4.96% | +13.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.90% | 7.48% | +14.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.76% | 8.34% | +13.42% |
ISX5.L vs. SHYU.L - Expense Ratio Comparison
ISX5.L has a 0.00% expense ratio, which is lower than SHYU.L's 0.50% expense ratio.
Dividends
ISX5.L vs. SHYU.L - Dividend Comparison
ISX5.L has not paid dividends to shareholders, while SHYU.L's dividend yield for the trailing twelve months is around 6.18%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ISX5.L iShares Core EURO STOXX 50 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% |
SHYU.L iShares $ High Yield Corp Bond UCITS ETF | 6.18% | 6.25% | 6.32% | 5.76% | 4.82% | 4.27% | 5.16% | 5.58% | 5.52% | 5.74% | 5.16% | 5.87% |
Frequently Asked Questions
ISX5.L and SHYU.L have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ISX5.L is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ISX5.L is cheaper with a 0.00% expense ratio, compared with 0.50% for SHYU.L.
ISX5.L is categorized as Europe Equities, while SHYU.L is Corporate Bonds. ISX5.L tracks MSCI EMU NR EUR, while SHYU.L tracks Markit iBoxx USD Liquid High Yield Capped Index. Their fees differ too: 0.00% for ISX5.L and 0.50% for SHYU.L.
Find the right allocation for ISX5.L and SHYU.L
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