SNAZ.DE vs. ENDH.DE
SNAZ.DE (iShares J.P. Morgan $ EM Corp Bond UCITS ETF EUR Hedged (Acc)) and ENDH.DE (L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF (EUR Hedged) Acc) are both Emerging Markets Bonds funds - SNAZ.DE tracks the J.P. Morgan CEMBI Broad Diversified Core Index (EUR Hedged) while ENDH.DE tracks the J.P. Morgan ESG EMBI Global Diversified Short-Term Custom Maturity (EUR Hedged). Both are passively managed. Over the past 3 years, SNAZ.DE returned 5.08%/yr vs 6.02%/yr for ENDH.DE. A 0.58 correlation means they provide meaningful diversification when combined. SNAZ.DE charges 0.53%/yr vs 0.28%/yr for ENDH.DE.
Performance
SNAZ.DE vs. ENDH.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SNAZ.DE achieves a 0.98% return, which is significantly higher than ENDH.DE's 0.16% return.
SNAZ.DE
- 1D
- 0.39%
- 1M
- 0.39%
- 6M
- 0.98%
- YTD
- 0.98%
- 1Y
- 4.05%
- 3Y*
- 5.08%
- 5Y*
- -0.08%
- 10Y*
- —
ENDH.DE
- 1D
- 0.00%
- 1M
- 0.62%
- 6M
- 0.26%
- YTD
- 0.16%
- 1Y
- 3.34%
- 3Y*
- 6.02%
- 5Y*
- —
- 10Y*
- —
SNAZ.DE vs. ENDH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SNAZ.DE iShares J.P. Morgan $ EM Corp Bond UCITS ETF EUR Hedged (Acc) | 0.98% | 6.26% | 4.36% | 5.28% | -3.11% |
ENDH.DE L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF (EUR Hedged) Acc | 0.16% | 7.89% | 6.59% | 5.41% | -2.48% |
Correlation
The correlation between SNAZ.DE and ENDH.DE is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since May 5, 2022 | 0.58 |
The correlation between SNAZ.DE and ENDH.DE has been stable across timeframes, ranging from 0.48 to 0.58 - 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
SNAZ.DE vs. ENDH.DE — Risk / Return Rank
SNAZ.DE
ENDH.DE
SNAZ.DE vs. ENDH.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares J.P. Morgan $ EM Corp Bond UCITS ETF EUR Hedged (Acc) (SNAZ.DE) and L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF (EUR Hedged) Acc (ENDH.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.
| SNAZ.DE | ENDH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.49 | ||
| Sortino ratioReturn per unit of downside risk | +0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.16 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.39 | 1.50 | -0.12 |
| Martin ratioReturn relative to average drawdown | 5.14 | 4.55 | +0.59 |
Loading charts...
Drawdowns
SNAZ.DE vs. ENDH.DE - Drawdown Comparison
The maximum SNAZ.DE drawdown since its inception was -21.88%, which is greater than ENDH.DE's maximum drawdown of -6.78%. Use the drawdown chart below to compare losses from any high point for SNAZ.DE and ENDH.DE.
Loading charts...
Drawdown Indicators
| SNAZ.DE | ENDH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.88% | -6.78% | -15.10% |
Max Drawdown (1Y)Largest decline over 1 year | -2.91% | -2.21% | -0.70% |
Max Drawdown (3Y)Largest decline over 3 years | -3.82% | -2.71% | -1.11% |
Max Drawdown (5Y)Largest decline over 5 years | -21.88% | — | — |
Current DrawdownCurrent decline from peak | -1.34% | -1.17% | -0.17% |
Average DrawdownAverage peak-to-trough decline | -7.64% | -1.11% | -6.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.79% | 0.73% | +0.06% |
Volatility
SNAZ.DE vs. ENDH.DE - Volatility Comparison
The current volatility for iShares J.P. Morgan $ EM Corp Bond UCITS ETF EUR Hedged (Acc) (SNAZ.DE) is 0.91%, while L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF (EUR Hedged) Acc (ENDH.DE) has a volatility of 2.32%. This indicates that SNAZ.DE experiences smaller price fluctuations and is considered to be less risky than ENDH.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SNAZ.DE | ENDH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.91% | 2.32% | -1.41% |
Volatility (6M)Calculated over the trailing 6-month period | 2.72% | 4.35% | -1.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.36% | 4.70% | -1.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.06% | 4.96% | +0.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.65% | 4.96% | +2.69% |
SNAZ.DE vs. ENDH.DE - Expense Ratio Comparison
SNAZ.DE has a 0.53% expense ratio, which is higher than ENDH.DE's 0.28% expense ratio.
Dividends
SNAZ.DE vs. ENDH.DE - Dividend Comparison
Neither SNAZ.DE nor ENDH.DE has paid dividends to shareholders.
Frequently Asked Questions
SNAZ.DE and ENDH.DE have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ENDH.DE is cheaper at 0.28% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ENDH.DE is cheaper with a 0.28% expense ratio, compared with 0.53% for SNAZ.DE.
SNAZ.DE tracks J.P. Morgan CEMBI Broad Diversified Core Index (EUR Hedged), while ENDH.DE tracks J.P. Morgan ESG EMBI Global Diversified Short-Term Custom Maturity (EUR Hedged). They also come from different issuers: iShares and Legal & General. Their fees differ too: 0.53% for SNAZ.DE and 0.28% for ENDH.DE.
Find the right allocation for SNAZ.DE and ENDH.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