SIE.DE vs. EUNL.DE
SIE.DE (Siemens Aktiengesellschaft) is a stock, while EUNL.DE (iShares Core MSCI World UCITS ETF USD (Acc)) is Global Equities fund tracking the MSCI World Index. Over the past 10 years, SIE.DE returned 15.64%/yr vs 12.82%/yr for EUNL.DE. A 0.63 correlation means they provide meaningful diversification when combined.
Performance
SIE.DE vs. EUNL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SIE.DE achieves a 16.18% return, which is significantly higher than EUNL.DE's 10.86% return. Over the past 10 years, SIE.DE has outperformed EUNL.DE with an annualized return of 15.64%, while EUNL.DE has yielded a comparatively lower 12.82% annualized return.
SIE.DE
- 1D
- -1.07%
- 1M
- 1.40%
- YTD
- 16.18%
- 6M
- 19.01%
- 1Y
- 26.72%
- 3Y*
- 22.64%
- 5Y*
- 17.88%
- 10Y*
- 15.64%
EUNL.DE
- 1D
- 0.02%
- 1M
- 4.80%
- YTD
- 10.86%
- 6M
- 11.29%
- 1Y
- 23.80%
- 3Y*
- 17.55%
- 5Y*
- 12.89%
- 10Y*
- 12.82%
SIE.DE vs. EUNL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SIE.DE Siemens Aktiengesellschaft | 16.18% | 29.80% | 14.13% | 34.91% | -12.68% | 33.35% | 16.29% | 24.95% | -13.25% | 2.79% |
EUNL.DE iShares Core MSCI World UCITS ETF USD (Acc) | 10.86% | 7.90% | 25.93% | 20.13% | -13.59% | 32.71% | 5.48% | 31.34% | -5.13% | 7.71% |
Correlation
The correlation between SIE.DE and EUNL.DE is 0.66, 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 | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since Oct 21, 2009 | 0.63 |
The correlation between SIE.DE and EUNL.DE has been stable across timeframes, ranging from 0.56 to 0.66 - a consistent structural relationship.
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Return for Risk
SIE.DE vs. EUNL.DE — Risk / Return Rank
SIE.DE
EUNL.DE
SIE.DE vs. EUNL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Siemens Aktiengesellschaft (SIE.DE) and iShares Core MSCI World UCITS ETF USD (Acc) (EUNL.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.
| SIE.DE | EUNL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.28 | ||
| Sortino ratioReturn per unit of downside risk | -1.65 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.40 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.33 | 3.64 | -2.31 |
| Martin ratioReturn relative to average drawdown | 4.22 | 14.52 | -10.30 |
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
| SIE.DE | EUNL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.84 | 2.12 | -1.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.90 | -0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 0.84 | -0.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.82 | -0.48 |
Drawdowns
SIE.DE vs. EUNL.DE - Drawdown Comparison
The maximum SIE.DE drawdown since its inception was -73.39%, which is greater than EUNL.DE's maximum drawdown of -33.63%. Use the drawdown chart below to compare losses from any high point for SIE.DE and EUNL.DE.
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Drawdown Indicators
| SIE.DE | EUNL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.39% | -33.63% | -39.76% |
Max Drawdown (1Y)Largest decline over 1 year | -20.50% | -6.50% | -14.00% |
Max Drawdown (3Y)Largest decline over 3 years | -27.33% | -21.73% | -5.60% |
Max Drawdown (5Y)Largest decline over 5 years | -38.97% | -21.73% | -17.24% |
Max Drawdown (10Y)Largest decline over 10 years | -48.67% | -33.63% | -15.04% |
Current DrawdownCurrent decline from peak | -2.39% | -0.31% | -2.08% |
Average DrawdownAverage peak-to-trough decline | -20.71% | -4.25% | -16.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.49% | 1.64% | +4.85% |
Volatility
SIE.DE vs. EUNL.DE - Volatility Comparison
Siemens Aktiengesellschaft (SIE.DE) has a higher volatility of 8.86% compared to iShares Core MSCI World UCITS ETF USD (Acc) (EUNL.DE) at 2.62%. This indicates that SIE.DE's price experiences larger fluctuations and is considered to be riskier than EUNL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SIE.DE | EUNL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.86% | 2.62% | +6.24% |
Volatility (6M)Calculated over the trailing 6-month period | 25.20% | 7.72% | +17.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.41% | 11.16% | +21.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.11% | 14.17% | +15.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.09% | 15.17% | +12.92% |
Dividends
SIE.DE vs. EUNL.DE - Dividend Comparison
SIE.DE's dividend yield for the trailing twelve months is around 1.97%, while EUNL.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUNL.DE iShares Core MSCI World UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SIE.DE Siemens Aktiengesellschaft | 1.97% | 2.17% | 2.49% | 2.50% | 3.09% | 2.29% | 3.32% | 3.62% | 4.21% | 3.44% | 3.32% | 4.07% |
Frequently Asked Questions
SIE.DE and EUNL.DE have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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