SECD.DE vs. EUNA.DE
SECD.DE (iShares Euro Government Bond Climate UCITS ETF EUR Dist) and EUNA.DE (iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc) are both exchange-traded funds - SECD.DE is a European Government Bonds fund tracking the FTSE Advanced Climate Risk-Adjusted European Monetary Union Government Bond, 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, SECD.DE returned -2.19%/yr vs -1.29%/yr for EUNA.DE. A 0.80 correlation means they provide meaningful diversification when combined. SECD.DE charges 0.09%/yr vs 0.10%/yr for EUNA.DE.
Performance
SECD.DE vs. EUNA.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SECD.DE achieves a 0.13% return, which is significantly higher than EUNA.DE's -0.46% return.
SECD.DE
- 1D
- 0.11%
- 1M
- -0.05%
- YTD
- 0.13%
- 6M
- 0.20%
- 1Y
- 0.36%
- 3Y*
- 2.34%
- 5Y*
- -2.19%
- 10Y*
- —
EUNA.DE
- 1D
- 0.22%
- 1M
- -0.12%
- YTD
- -0.46%
- 6M
- -0.07%
- 1Y
- 1.32%
- 3Y*
- 2.28%
- 5Y*
- -1.29%
- 10Y*
- —
SECD.DE vs. EUNA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SECD.DE iShares Euro Government Bond Climate UCITS ETF EUR Dist | 0.13% | 0.63% | 1.57% | 6.94% | -18.16% | -3.30% | 1.19% |
EUNA.DE iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc | -0.46% | 2.79% | 1.60% | 4.36% | -13.52% | -2.37% | 0.72% |
Correlation
The correlation between SECD.DE and EUNA.DE 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 | 0.81 |
Correlation (All Time) Calculated using the full available price history since Oct 6, 2020 | 0.80 |
The correlation between SECD.DE and EUNA.DE has been stable across timeframes, ranging from 0.79 to 0.81 - 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
SECD.DE vs. EUNA.DE — Risk / Return Rank
SECD.DE
EUNA.DE
SECD.DE vs. EUNA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Euro Government Bond Climate UCITS ETF EUR Dist (SECD.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.
| SECD.DE | EUNA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.35 | ||
| Sortino ratioReturn per unit of downside risk | -0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.06 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.01 | 0.43 | -0.43 |
| Martin ratioReturn relative to average drawdown | -0.02 | 1.18 | -1.20 |
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
| SECD.DE | EUNA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.01 | 0.34 | -0.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.34 | -0.28 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.38 | -0.05 | -0.33 |
Drawdowns
SECD.DE vs. EUNA.DE - Drawdown Comparison
The maximum SECD.DE drawdown since its inception was -22.04%, which is greater than EUNA.DE's maximum drawdown of -17.79%. Use the drawdown chart below to compare losses from any high point for SECD.DE and EUNA.DE.
Loading charts...
Drawdown Indicators
| SECD.DE | EUNA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.04% | -17.79% | -4.25% |
Max Drawdown (1Y)Largest decline over 1 year | -3.41% | -2.75% | -0.66% |
Max Drawdown (3Y)Largest decline over 3 years | -3.96% | -4.02% | +0.06% |
Max Drawdown (5Y)Largest decline over 5 years | -21.21% | -17.03% | -4.18% |
Current DrawdownCurrent decline from peak | -13.67% | -8.66% | -5.01% |
Average DrawdownAverage peak-to-trough decline | -12.64% | -6.76% | -5.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.33% | 0.99% | +0.34% |
Volatility
SECD.DE vs. EUNA.DE - Volatility Comparison
iShares Euro Government Bond Climate UCITS ETF EUR Dist (SECD.DE) has a higher volatility of 1.78% compared to iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (EUNA.DE) at 1.35%. This indicates that SECD.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.
Loading charts...
Volatility by Period
| SECD.DE | EUNA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.78% | 1.35% | +0.43% |
Volatility (6M)Calculated over the trailing 6-month period | 3.63% | 2.82% | +0.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.34% | 3.46% | +0.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.28% | 4.64% | +1.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.02% | 4.27% | +1.75% |
SECD.DE vs. EUNA.DE - Expense Ratio Comparison
SECD.DE has a 0.09% expense ratio, which is lower than EUNA.DE's 0.10% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
SECD.DE vs. EUNA.DE - Dividend Comparison
SECD.DE's dividend yield for the trailing twelve months is around 2.71%, while EUNA.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
EUNA.DE iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc | 0.00% | 0.00% | 0.00% | 0.00% |
SECD.DE iShares Euro Government Bond Climate UCITS ETF EUR Dist | 2.71% | 2.59% | 2.30% | 1.17% |
Frequently Asked Questions
SECD.DE and EUNA.DE 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, SECD.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SECD.DE is cheaper with a 0.09% expense ratio, compared with 0.10% for EUNA.DE.
SECD.DE is categorized as European Government Bonds, while EUNA.DE is Global Bonds. SECD.DE tracks FTSE Advanced Climate Risk-Adjusted European Monetary Union Government Bond, while EUNA.DE tracks Bloomberg Global Aggregate Bond (EUR Hedged). Their fees differ too: 0.09% for SECD.DE and 0.10% for EUNA.DE.
Find the right allocation for SECD.DE and EUNA.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