SUA0.DE vs. EUNL.DE
SUA0.DE (iShares EUR Corporate Bond ESG UCITS ETF EUR Acc) and EUNL.DE (iShares Core MSCI World UCITS ETF USD (Acc)) are both exchange-traded funds - SUA0.DE is a European Corporate Bonds fund tracking the Bloomberg MSCI Euro Corporate Sustainable and SRI, while EUNL.DE is a Global Equities fund tracking the MSCI World Index. Both are passively managed. Over the past 3 years, SUA0.DE returned 4.49%/yr vs 17.55%/yr for EUNL.DE. At a 0.28 correlation, their price movements are largely independent. SUA0.DE charges 0.15%/yr vs 0.20%/yr for EUNL.DE.
Performance
SUA0.DE vs. EUNL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SUA0.DE achieves a 0.43% return, which is significantly lower than EUNL.DE's 10.86% return.
SUA0.DE
- 1D
- 0.10%
- 1M
- 0.23%
- YTD
- 0.43%
- 6M
- 0.46%
- 1Y
- 2.02%
- 3Y*
- 4.49%
- 5Y*
- —
- 10Y*
- —
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%
SUA0.DE vs. EUNL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SUA0.DE iShares EUR Corporate Bond ESG UCITS ETF EUR Acc | 0.43% | 3.04% | 4.19% | 7.35% | -5.92% |
EUNL.DE iShares Core MSCI World UCITS ETF USD (Acc) | 10.86% | 7.90% | 25.93% | 20.13% | -8.81% |
Correlation
The correlation between SUA0.DE and EUNL.DE is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since May 2, 2022 | 0.28 |
The correlation between SUA0.DE and EUNL.DE shifts across timeframes, from 0.28 (all time) to 0.40 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
SUA0.DE vs. EUNL.DE — Risk / Return Rank
SUA0.DE
EUNL.DE
SUA0.DE vs. EUNL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares EUR Corporate Bond ESG UCITS ETF EUR Acc (SUA0.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.
| SUA0.DE | EUNL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.57 | ||
| Sortino ratioReturn per unit of downside risk | -2.15 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.40 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 0.65 | 3.64 | -2.99 |
| Martin ratioReturn relative to average drawdown | 2.19 | 14.52 | -12.32 |
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
| SUA0.DE | EUNL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.55 | 2.12 | -1.57 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.90 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.84 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.82 | -0.36 |
Drawdowns
SUA0.DE vs. EUNL.DE - Drawdown Comparison
The maximum SUA0.DE drawdown since its inception was -9.07%, smaller than the maximum EUNL.DE drawdown of -33.63%. Use the drawdown chart below to compare losses from any high point for SUA0.DE and EUNL.DE.
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Drawdown Indicators
| SUA0.DE | EUNL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.07% | -33.63% | +24.56% |
Max Drawdown (1Y)Largest decline over 1 year | -2.58% | -6.50% | +3.92% |
Max Drawdown (3Y)Largest decline over 3 years | -2.58% | -21.73% | +19.15% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.73% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.63% | — |
Current DrawdownCurrent decline from peak | -0.74% | -0.31% | -0.43% |
Average DrawdownAverage peak-to-trough decline | -2.20% | -4.25% | +2.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.77% | 1.64% | -0.87% |
Volatility
SUA0.DE vs. EUNL.DE - Volatility Comparison
The current volatility for iShares EUR Corporate Bond ESG UCITS ETF EUR Acc (SUA0.DE) is 1.19%, while iShares Core MSCI World UCITS ETF USD (Acc) (EUNL.DE) has a volatility of 2.62%. This indicates that SUA0.DE experiences smaller price fluctuations and is considered to be less risky 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
| SUA0.DE | EUNL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.19% | 2.62% | -1.43% |
Volatility (6M)Calculated over the trailing 6-month period | 2.57% | 7.72% | -5.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.07% | 11.16% | -8.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.57% | 14.17% | -9.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.57% | 15.17% | -10.60% |
SUA0.DE vs. EUNL.DE - Expense Ratio Comparison
SUA0.DE has a 0.15% expense ratio, which is lower than EUNL.DE's 0.20% 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
SUA0.DE vs. EUNL.DE - Dividend Comparison
Neither SUA0.DE nor EUNL.DE has paid dividends to shareholders.
Frequently Asked Questions
SUA0.DE and EUNL.DE have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SUA0.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SUA0.DE is cheaper with a 0.15% expense ratio, compared with 0.20% for EUNL.DE.
SUA0.DE is categorized as European Corporate Bonds, while EUNL.DE is Global Equities. SUA0.DE tracks Bloomberg MSCI Euro Corporate Sustainable and SRI, while EUNL.DE tracks MSCI World Index. Their fees differ too: 0.15% for SUA0.DE and 0.20% for EUNL.DE.
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