SE15.L vs. SUOE.L
SE15.L (iShares EUR Corporate Bond 1-5yr UCITS ETF EUR (Dist)) and SUOE.L (iShares EUR Corporate Bond ESG UCITS ETF (Dist)) are both European Corporate Bonds funds from iShares - SE15.L tracks the Bloomberg Euro Agg Corp 1-3 Yr TR EUR while SUOE.L tracks the Bloomberg Euro Corp TR EUR. Both are passively managed. Over the past 5 years, SE15.L returned 1.50%/yr vs 0.18%/yr for SUOE.L. A 0.78 correlation means they provide meaningful diversification when combined. SE15.L charges 0.20%/yr vs 0.15%/yr for SUOE.L.
Performance
SE15.L vs. SUOE.L - Performance Comparison
Loading charts...
Different Trading Currencies
SE15.L is traded in GBP, while SUOE.L is traded in EUR. To make them comparable, the SUOE.L values have been converted to GBP using the latest available exchange rates.
Returns By Period
In the year-to-date period, SE15.L achieves a -0.33% return, which is significantly lower than SUOE.L's -0.17% return.
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%
SUOE.L
- 1D
- 0.28%
- 1M
- 0.98%
- YTD
- -0.17%
- 6M
- -0.60%
- 1Y
- 4.63%
- 3Y*
- 4.67%
- 5Y*
- 0.18%
- 10Y*
- —
SE15.L vs. SUOE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
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% | 0.84% |
SUOE.L iShares EUR Corporate Bond ESG UCITS ETF (Dist) | -0.17% | 8.47% | -0.49% | 5.16% | -8.66% | -7.08% | 8.37% | 0.02% | 0.83% |
Correlation
The correlation between SE15.L and SUOE.L is 0.79, 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 | 0.79 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2018 | 0.78 |
The correlation between SE15.L and SUOE.L has been stable across timeframes, ranging from 0.78 to 0.79 - a consistent structural relationship.
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
SE15.L vs. SUOE.L — Risk / Return Rank
SE15.L
SUOE.L
SE15.L vs. SUOE.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 Corporate Bond ESG UCITS ETF (Dist) (SUOE.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.L | SUOE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.24 | ||
| Sortino ratioReturn per unit of downside risk | +0.38 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.16 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.55 | 1.25 | +0.30 |
| Martin ratioReturn relative to average drawdown | 3.96 | 3.15 | +0.81 |
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
| SE15.L | SUOE.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.17 | 0.93 | +0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.27 | 0.03 | +0.25 |
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 | 0.09 | +0.16 |
Drawdowns
SE15.L vs. SUOE.L - Drawdown Comparison
The maximum SE15.L drawdown since its inception was -15.78%, smaller than the maximum SUOE.L drawdown of -21.25%. Use the drawdown chart below to compare losses from any high point for SE15.L and SUOE.L.
Loading charts...
Drawdown Indicators
| SE15.L | SUOE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.78% | -21.25% | +5.47% |
Max Drawdown (1Y)Largest decline over 1 year | -3.25% | -3.69% | +0.44% |
Max Drawdown (3Y)Largest decline over 3 years | -3.25% | -3.69% | +0.44% |
Max Drawdown (5Y)Largest decline over 5 years | -10.15% | -16.58% | +6.43% |
Max Drawdown (10Y)Largest decline over 10 years | -15.55% | — | — |
Current DrawdownCurrent decline from peak | -1.85% | -6.14% | +4.29% |
Average DrawdownAverage peak-to-trough decline | -6.32% | -9.53% | +3.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.27% | 1.47% | -0.20% |
Volatility
SE15.L vs. SUOE.L - Volatility Comparison
The current volatility for iShares EUR Corporate Bond 1-5yr UCITS ETF EUR (Dist) (SE15.L) is 1.31%, while iShares EUR Corporate Bond ESG UCITS ETF (Dist) (SUOE.L) has a volatility of 1.66%. This indicates that SE15.L experiences smaller price fluctuations and is considered to be less risky than SUOE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SE15.L | SUOE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.31% | 1.66% | -0.35% |
Volatility (6M)Calculated over the trailing 6-month period | 3.13% | 3.73% | -0.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.32% | 4.98% | -0.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.48% | 6.43% | -0.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.05% | 7.15% | -0.10% |
SE15.L vs. SUOE.L - Expense Ratio Comparison
SE15.L has a 0.20% expense ratio, which is higher than SUOE.L's 0.15% 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. SUOE.L - Dividend Comparison
SE15.L's dividend yield for the trailing twelve months is around 3.51%, more than SUOE.L's 3.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SUOE.L iShares EUR Corporate Bond ESG UCITS ETF (Dist) | 3.27% | 3.23% | 3.18% | 2.52% | 0.83% | 0.47% | 0.57% | 0.77% | 0.30% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SE15.L and SUOE.L have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SUOE.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SUOE.L is cheaper with a 0.15% expense ratio, compared with 0.20% for SE15.L.
SE15.L tracks Bloomberg Euro Agg Corp 1-3 Yr TR EUR, while SUOE.L tracks Bloomberg Euro Corp TR EUR. Their fees differ too: 0.20% for SE15.L and 0.15% for SUOE.L.
Find the right allocation for SE15.L and SUOE.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