LYQY.DE vs. EUNW.DE
LYQY.DE (Lyxor ESG Euro High Yield (DR) UCITS ETF - Dist) and EUNW.DE (iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist)) are both European High Yield Bonds funds - LYQY.DE tracks the Bloomberg MSCI Euro Corporate High Yield SRI Sustainable while EUNW.DE tracks the iBoxx® EUR Liquid High Yield. Both are passively managed. Over the past 10 years, LYQY.DE returned 2.39%/yr vs 3.10%/yr for EUNW.DE. Their correlation of 0.84 suggests significant overlap in exposure. LYQY.DE charges 0.25%/yr vs 0.50%/yr for EUNW.DE.
Performance
LYQY.DE vs. EUNW.DE - Performance Comparison
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Returns By Period
In the year-to-date period, LYQY.DE achieves a 0.68% return, which is significantly lower than EUNW.DE's 0.85% return. Over the past 10 years, LYQY.DE has underperformed EUNW.DE with an annualized return of 2.39%, while EUNW.DE has yielded a comparatively higher 3.10% annualized return.
LYQY.DE
- 1D
- -0.02%
- 1M
- 0.38%
- YTD
- 0.68%
- 6M
- 0.94%
- 1Y
- 3.77%
- 3Y*
- 5.38%
- 5Y*
- 1.41%
- 10Y*
- 2.39%
EUNW.DE
- 1D
- 0.05%
- 1M
- 0.46%
- YTD
- 0.85%
- 6M
- 1.40%
- 1Y
- 3.33%
- 3Y*
- 6.32%
- 5Y*
- 2.68%
- 10Y*
- 3.10%
LYQY.DE vs. EUNW.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LYQY.DE Lyxor ESG Euro High Yield (DR) UCITS ETF - Dist | 0.68% | 5.63% | 6.21% | 6.03% | -10.82% | 1.36% | 1.69% | 10.67% | -4.66% | 4.45% |
EUNW.DE iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist) | 0.85% | 5.00% | 5.90% | 11.26% | -9.36% | 2.93% | 1.06% | 9.87% | -3.52% | 4.59% |
Correlation
The correlation between LYQY.DE and EUNW.DE is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.83 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Dec 16, 2014 | 0.84 |
Over the past year, the correlation between LYQY.DE and EUNW.DE has dropped to 0.63 - well below their long-term average of 0.84, suggesting their price drivers have been diverging.
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Return for Risk
LYQY.DE vs. EUNW.DE — Risk / Return Rank
LYQY.DE
EUNW.DE
LYQY.DE vs. EUNW.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor ESG Euro High Yield (DR) UCITS ETF - Dist (LYQY.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.
| LYQY.DE | EUNW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.19 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.25 | 1.12 | +0.12 |
| Martin ratioReturn relative to average drawdown | 5.20 | 4.73 | +0.48 |
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
| LYQY.DE | EUNW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.03 | 0.96 | +0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | 0.50 | -0.26 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.34 | 0.47 | -0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.47 | +0.05 |
Drawdowns
LYQY.DE vs. EUNW.DE - Drawdown Comparison
The maximum LYQY.DE drawdown since its inception was -25.79%, roughly equal to the maximum EUNW.DE drawdown of -25.47%. Use the drawdown chart below to compare losses from any high point for LYQY.DE and EUNW.DE.
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Drawdown Indicators
| LYQY.DE | EUNW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.79% | -25.47% | -0.32% |
Max Drawdown (1Y)Largest decline over 1 year | -3.07% | -2.83% | -0.24% |
Max Drawdown (3Y)Largest decline over 3 years | -3.47% | -3.80% | +0.33% |
Max Drawdown (5Y)Largest decline over 5 years | -16.59% | -14.79% | -1.80% |
Max Drawdown (10Y)Largest decline over 10 years | -25.79% | -25.47% | -0.32% |
Current DrawdownCurrent decline from peak | -0.18% | -0.10% | -0.08% |
Average DrawdownAverage peak-to-trough decline | -2.87% | -2.31% | -0.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.73% | 0.67% | +0.06% |
Volatility
LYQY.DE vs. EUNW.DE - Volatility Comparison
The current volatility for Lyxor ESG Euro High Yield (DR) UCITS ETF - Dist (LYQY.DE) is 0.75%, while iShares EUR High Yield Corporate Bond UCITS ETF EUR (Dist) (EUNW.DE) has a volatility of 0.79%. This indicates that LYQY.DE experiences smaller price fluctuations and is considered to be less risky 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
| LYQY.DE | EUNW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.75% | 0.79% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 3.01% | 2.86% | +0.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.72% | 3.30% | +0.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.75% | 5.25% | +0.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.06% | 6.58% | +0.48% |
LYQY.DE vs. EUNW.DE - Expense Ratio Comparison
LYQY.DE has a 0.25% expense ratio, which is lower than EUNW.DE's 0.50% expense ratio.
Dividends
LYQY.DE vs. EUNW.DE - Dividend Comparison
LYQY.DE's dividend yield for the trailing twelve months is around 4.05%, less than EUNW.DE's 5.17% yield.
| 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% |
LYQY.DE Lyxor ESG Euro High Yield (DR) UCITS ETF - Dist | 4.05% | 4.08% | 2.29% | 0.00% | 3.54% | 2.85% | 3.15% | 3.67% | 4.01% | 4.05% | 4.79% | 4.42% |
Frequently Asked Questions
LYQY.DE and EUNW.DE have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LYQY.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LYQY.DE is cheaper with a 0.25% expense ratio, compared with 0.50% for EUNW.DE.
LYQY.DE tracks Bloomberg MSCI Euro Corporate High Yield SRI Sustainable, while EUNW.DE tracks iBoxx® EUR Liquid High Yield. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.25% for LYQY.DE and 0.50% for EUNW.DE.
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