OM3Y.DE vs. EUNA.DE
OM3Y.DE (iShares MSCI EM IMI Screened UCITS ETF USD (Dist)) and EUNA.DE (iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc) are both exchange-traded funds - OM3Y.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets IMI Screened 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, OM3Y.DE returned 8.21%/yr vs -1.36%/yr for EUNA.DE. At a 0.01 correlation, their price movements are largely independent. OM3Y.DE charges 0.18%/yr vs 0.10%/yr for EUNA.DE.
Performance
OM3Y.DE vs. EUNA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, OM3Y.DE achieves a 27.24% return, which is significantly higher than EUNA.DE's -0.40% return.
OM3Y.DE
- 1D
- 2.31%
- 1M
- -0.96%
- 6M
- 24.29%
- YTD
- 27.24%
- 1Y
- 43.57%
- 3Y*
- 19.94%
- 5Y*
- 8.21%
- 10Y*
- —
EUNA.DE
- 1D
- -0.20%
- 1M
- 0.41%
- 6M
- 0.20%
- YTD
- -0.40%
- 1Y
- 0.82%
- 3Y*
- 2.34%
- 5Y*
- -1.36%
- 10Y*
- —
OM3Y.DE vs. EUNA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
OM3Y.DE iShares MSCI EM IMI Screened UCITS ETF USD (Dist) | 27.24% | 17.76% | 13.99% | 6.72% | -14.83% | 6.11% | 8.07% | 21.61% | -12.55% |
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% | 1.23% |
Correlation
The correlation between OM3Y.DE and EUNA.DE is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2018 | 0.01 |
Over the past year, OM3Y.DE and EUNA.DE have become more correlated (0.26) than their long-term average of 0.01, meaning their price movements have been converging.
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Return for Risk
OM3Y.DE vs. EUNA.DE — Risk / Return Rank
OM3Y.DE
EUNA.DE
OM3Y.DE vs. EUNA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM IMI Screened UCITS ETF USD (Dist) (OM3Y.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.
| OM3Y.DE | EUNA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.00 | ||
| Sortino ratioReturn per unit of downside risk | +2.62 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.04 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 3.89 | 0.29 | +3.60 |
| Martin ratioReturn relative to average drawdown | 13.16 | 0.78 | +12.38 |
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Drawdowns
OM3Y.DE vs. EUNA.DE - Drawdown Comparison
The maximum OM3Y.DE drawdown since its inception was -31.70%, 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 OM3Y.DE and EUNA.DE.
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Drawdown Indicators
| OM3Y.DE | EUNA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.70% | -17.81% | -13.89% |
Max Drawdown (1Y)Largest decline over 1 year | -11.16% | -2.80% | -8.36% |
Max Drawdown (3Y)Largest decline over 3 years | -19.59% | -4.11% | -15.48% |
Max Drawdown (5Y)Largest decline over 5 years | -23.39% | -17.04% | -6.35% |
Current DrawdownCurrent decline from peak | -4.55% | -8.53% | +3.98% |
Average DrawdownAverage peak-to-trough decline | -8.72% | -6.71% | -2.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.30% | 1.05% | +2.25% |
Volatility
OM3Y.DE vs. EUNA.DE - Volatility Comparison
iShares MSCI EM IMI Screened UCITS ETF USD (Dist) (OM3Y.DE) has a higher volatility of 9.28% compared to iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (EUNA.DE) at 0.86%. This indicates that OM3Y.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
| OM3Y.DE | EUNA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.28% | 0.86% | +8.42% |
Volatility (6M)Calculated over the trailing 6-month period | 17.14% | 2.83% | +14.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.60% | 3.73% | +15.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.02% | 4.84% | +12.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.51% | 4.44% | +15.07% |
OM3Y.DE vs. EUNA.DE - Expense Ratio Comparison
OM3Y.DE has a 0.18% 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
OM3Y.DE vs. EUNA.DE - Dividend Comparison
OM3Y.DE's dividend yield for the trailing twelve months is around 1.61%, while EUNA.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
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% |
OM3Y.DE iShares MSCI EM IMI Screened UCITS ETF USD (Dist) | 1.61% | 1.98% | 2.33% | 2.35% | 2.59% | 1.82% | 1.58% | 2.23% |
Frequently Asked Questions
OM3Y.DE and EUNA.DE have a correlation of 0.26, 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 0.18% for OM3Y.DE.
OM3Y.DE is categorized as Emerging Markets Equities, while EUNA.DE is Global Bonds. OM3Y.DE tracks MSCI Emerging Markets IMI Screened Index, while EUNA.DE tracks Bloomberg Global Aggregate Bond (EUR Hedged). Their fees differ too: 0.18% for OM3Y.DE and 0.10% for EUNA.DE.
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