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SE15.L vs. EFRN.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SE15.L vs. EFRN.L

Last updated Jun 5, 2026

SE15.L (iShares EUR Corporate Bond 1-5yr UCITS ETF EUR (Dist)) and EFRN.L (iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist)) are both European Corporate Bonds funds from iShares tracking the Bloomberg Euro Agg Corp 1-3 Yr TR EUR. Both are passively managed. At a 0.46 correlation, their price movements are largely independent. SE15.L charges 0.20%/yr vs 0.10%/yr for EFRN.L.

Performance

SE15.L vs. EFRN.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares EUR Corporate Bond 1-5yr UCITS ETF EUR (Dist) (SE15.L) and iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist) (EFRN.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

SE15.L is traded in GBP, while EFRN.L is traded in EUR. To make them comparable, the EFRN.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

SE15.L

1D
0.22%
1M
0.73%
YTD
-0.33%
6M
-0.28%
1Y
5.05%
3Y*
4.84%
5Y*
1.50%
10Y*
2.18%

EFRN.L

1D
—
1M
—
YTD
—
6M
—
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

SE15.L vs. EFRN.L - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
SE15.L
iShares EUR Corporate Bond 1-5yr UCITS ETF EUR (Dist)		-0.33%9.40%0.01%4.04%-2.64%-6.64%6.70%-2.39%0.79%
EFRN.L
iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist)		0.00%8.06%-0.40%1.90%4.65%-7.08%6.82%-4.63%1.01%

Correlation

The correlation between SE15.L and EFRN.L is 0.51, 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

0.51

Correlation (3Y)
Calculated over the trailing 3-year period

0.61

Correlation (5Y)
Calculated over the trailing 5-year period

0.60

Correlation (All Time)
Calculated using the full available price history since Jul 6, 2018

0.46

The correlation between SE15.L and EFRN.L shifts across timeframes, from 0.46 (all time) to 0.61 (3 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.

iShares EUR Corporate Bond 1-5yr UCITS ETF EUR (Dist)

iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist)

Often compared with SE15.L:
SE15.L vs. PRIC.LSE15.L vs. J15R.LSE15.L vs. VECA.LSE15.L vs. IEAA.LSE15.L vs. IGCB.LSE15.L vs. ECRP.LSE15.L vs. IS15.L
Often compared with EFRN.L:
EFRN.L vs. VECA.LEFRN.L vs. EUCO.LEFRN.L vs. SUOE.LEFRN.L vs. SEUC.LEFRN.L vs. PRIC.LEFRN.L vs. GBP5.LEFRN.L vs. JRBE.L

Return for Risk

SE15.L vs. EFRN.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SE15.L
SE15.L Risk / Return Rank: 3131
Overall Rank
SE15.L Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
SE15.L Sortino Ratio Rank: 3434
Sortino Ratio Rank
SE15.L Omega Ratio Rank: 3030
Omega Ratio Rank
SE15.L Calmar Ratio Rank: 3232
Calmar Ratio Rank
SE15.L Martin Ratio Rank: 2828
Martin Ratio Rank
EFRN.L
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SE15.L vs. EFRN.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares EUR Corporate Bond 1-5yr UCITS ETF EUR (Dist) (SE15.L) and iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist) (EFRN.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.

SE15.LEFRN.LDifference
Sharpe ratioReturn per unit of total volatility
1.17

—

—

Sortino ratioReturn per unit of downside risk
1.76

—

—

Omega ratioGain probability vs. loss probability

1.20

—

—

Calmar ratioReturn relative to maximum drawdown

1.55

—

—

Martin ratioReturn relative to average drawdown

3.96

—

—

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SE15.L vs. EFRN.L - Sharpe Ratio Comparison

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Sharpe Ratios by Period

SE15.LEFRN.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.17

—

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.27

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.31

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.25

—

—

Drawdowns

SE15.L vs. EFRN.L - Drawdown Comparison

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Drawdown Indicators

SE15.LEFRN.LDifference

Max Drawdown

Largest peak-to-trough decline

-15.78%

—

—

Max Drawdown (1Y)

Largest decline over 1 year

-3.25%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-3.25%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-10.15%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-15.55%

—

—

Current Drawdown

Current decline from peak

-1.85%

—

—

Average Drawdown

Average peak-to-trough decline

-6.32%

—

—

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.27%

—

—

Volatility

SE15.L vs. EFRN.L - Volatility Comparison

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Volatility by Period

SE15.LEFRN.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.31%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

3.13%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

4.32%

—

—

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.48%

—

—

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.05%

—

—

SE15.L vs. EFRN.L - Expense Ratio Comparison

SE15.L has a 0.20% expense ratio, which is higher than EFRN.L'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

SE15.L vs. EFRN.L - Dividend Comparison

SE15.L's dividend yield for the trailing twelve months is around 3.51%, while EFRN.L has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
EFRN.L
iShares EUR Floating Rate Bond ESG UCITS ETF EUR (Dist)		0.00%1.59%4.22%2.93%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SE15.L
iShares EUR Corporate Bond 1-5yr UCITS ETF EUR (Dist)		3.51%3.34%3.02%1.62%0.58%0.68%0.66%0.73%0.69%0.77%1.05%0.77%

Frequently Asked Questions

SE15.L and EFRN.L have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, EFRN.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

EFRN.L is cheaper with a 0.10% expense ratio, compared with 0.20% for SE15.L.

Both ETFs track Bloomberg Euro Agg Corp 1-3 Yr TR EUR. Their fees differ too: 0.20% for SE15.L and 0.10% for EFRN.L.

Portfolio Optimizer

Find the right allocation for SE15.L and EFRN.L

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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