IUS5.DE vs. EUNZ.DE
IUS5.DE (iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc)) and EUNZ.DE (iShares Edge MSCI EM Minimum Volatility UCITS ETF) are both exchange-traded funds - IUS5.DE is a Inflation-Protected Bonds fund tracking the Bloomberg World Government Inflation-Linked Bond, while EUNZ.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Minimum Volatility. Both are passively managed. Over the past 10 years, IUS5.DE returned 0.80%/yr vs 6.20%/yr for EUNZ.DE. At a 0.18 correlation, their price movements are largely independent. IUS5.DE charges 0.20%/yr vs 0.40%/yr for EUNZ.DE.
Performance
IUS5.DE vs. EUNZ.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IUS5.DE achieves a 2.13% return, which is significantly lower than EUNZ.DE's 18.69% return. Over the past 10 years, IUS5.DE has underperformed EUNZ.DE with an annualized return of 0.80%, while EUNZ.DE has yielded a comparatively higher 6.20% annualized return.
IUS5.DE
- 1D
- -0.13%
- 1M
- 0.47%
- YTD
- 2.13%
- 6M
- 1.36%
- 1Y
- 2.03%
- 3Y*
- 0.57%
- 5Y*
- -1.37%
- 10Y*
- 0.80%
EUNZ.DE
- 1D
- -1.19%
- 1M
- 5.16%
- YTD
- 18.69%
- 6M
- 18.37%
- 1Y
- 22.59%
- 3Y*
- 11.07%
- 5Y*
- 6.48%
- 10Y*
- 6.20%
IUS5.DE vs. EUNZ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IUS5.DE iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc) | 2.13% | -3.37% | 2.59% | 1.53% | -17.29% | 12.12% | 2.24% | 10.07% | 0.53% | -4.84% |
EUNZ.DE iShares Edge MSCI EM Minimum Volatility UCITS ETF | 18.69% | -0.15% | 15.73% | 3.85% | -8.85% | 13.05% | -2.49% | 10.59% | -1.89% | 11.39% |
Correlation
The correlation between IUS5.DE and EUNZ.DE is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Feb 14, 2013 | 0.18 |
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
IUS5.DE vs. EUNZ.DE — Risk / Return Rank
IUS5.DE
EUNZ.DE
IUS5.DE vs. EUNZ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc) (IUS5.DE) and iShares Edge MSCI EM Minimum Volatility UCITS ETF (EUNZ.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.
| IUS5.DE | EUNZ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.44 | ||
| Sortino ratioReturn per unit of downside risk | -2.06 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.35 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 0.87 | 3.00 | -2.12 |
| Martin ratioReturn relative to average drawdown | 1.67 | 10.57 | -8.89 |
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
| IUS5.DE | EUNZ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.40 | 1.85 | -1.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.16 | 0.56 | -0.72 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.10 | 0.46 | -0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.35 | +0.07 |
Drawdowns
IUS5.DE vs. EUNZ.DE - Drawdown Comparison
The maximum IUS5.DE drawdown since its inception was -22.31%, smaller than the maximum EUNZ.DE drawdown of -30.47%. Use the drawdown chart below to compare losses from any high point for IUS5.DE and EUNZ.DE.
Loading charts...
Drawdown Indicators
| IUS5.DE | EUNZ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.31% | -30.47% | +8.16% |
Max Drawdown (1Y)Largest decline over 1 year | -2.31% | -7.50% | +5.19% |
Max Drawdown (3Y)Largest decline over 3 years | -8.42% | -14.00% | +5.58% |
Max Drawdown (5Y)Largest decline over 5 years | -22.31% | -14.00% | -8.31% |
Max Drawdown (10Y)Largest decline over 10 years | -22.31% | -26.15% | +3.84% |
Current DrawdownCurrent decline from peak | -17.45% | -1.96% | -15.49% |
Average DrawdownAverage peak-to-trough decline | -7.45% | -7.62% | +0.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.21% | 2.13% | -0.92% |
Volatility
IUS5.DE vs. EUNZ.DE - Volatility Comparison
The current volatility for iShares Global Inflation Linked Government Bond UCITS ETF USD (Acc) (IUS5.DE) is 1.90%, while iShares Edge MSCI EM Minimum Volatility UCITS ETF (EUNZ.DE) has a volatility of 4.75%. This indicates that IUS5.DE experiences smaller price fluctuations and is considered to be less risky than EUNZ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IUS5.DE | EUNZ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.90% | 4.75% | -2.85% |
Volatility (6M)Calculated over the trailing 6-month period | 3.77% | 10.35% | -6.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.02% | 12.18% | -7.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.56% | 11.41% | -2.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.94% | 13.32% | -5.38% |
IUS5.DE vs. EUNZ.DE - Expense Ratio Comparison
IUS5.DE has a 0.20% expense ratio, which is lower than EUNZ.DE's 0.40% expense ratio.
Dividends
IUS5.DE vs. EUNZ.DE - Dividend Comparison
Neither IUS5.DE nor EUNZ.DE has paid dividends to shareholders.
Frequently Asked Questions
IUS5.DE and EUNZ.DE have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IUS5.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IUS5.DE is cheaper with a 0.20% expense ratio, compared with 0.40% for EUNZ.DE.
IUS5.DE is categorized as Inflation-Protected Bonds, while EUNZ.DE is Emerging Markets Equities. IUS5.DE tracks Bloomberg World Government Inflation-Linked Bond, while EUNZ.DE tracks MSCI Emerging Markets Minimum Volatility. Their fees differ too: 0.20% for IUS5.DE and 0.40% for EUNZ.DE.
Find the right allocation for IUS5.DE and EUNZ.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