SUOG.L vs. SUOE.L
SUOG.L (iShares EUR Corporate Bond ESG SRI UCITS ETF GBP Hedged (Dist)) and SUOE.L (iShares EUR Corporate Bond ESG UCITS ETF (Dist)) are both European Corporate Bonds funds from iShares - SUOG.L tracks the Bloomberg MSCI Euro Corporate ESG SRI Index while SUOE.L tracks the Bloomberg Euro Corp TR EUR. Both are passively managed. Over the past 5 years, SUOG.L returned 1.27%/yr vs -0.33%/yr for SUOE.L. At a 0.40 correlation, their price movements are largely independent. SUOG.L charges 0.16%/yr vs 0.15%/yr for SUOE.L.
Performance
SUOG.L vs. SUOE.L - Performance Comparison
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Different Trading Currencies
SUOG.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, SUOG.L achieves a 1.37% return, which is significantly higher than SUOE.L's -2.15% return.
SUOG.L
- 1D
- 0.00%
- 1M
- -0.41%
- 6M
- 0.96%
- YTD
- 1.37%
- 1Y
- 3.25%
- 3Y*
- 5.85%
- 5Y*
- 1.27%
- 10Y*
- —
SUOE.L
- 1D
- -0.09%
- 1M
- -2.40%
- 6M
- -2.04%
- YTD
- -2.15%
- 1Y
- -0.54%
- 3Y*
- 3.73%
- 5Y*
- -0.33%
- 10Y*
- —
SUOG.L vs. SUOE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SUOG.L iShares EUR Corporate Bond ESG SRI UCITS ETF GBP Hedged (Dist) | 1.37% | 5.20% | 5.41% | 8.90% | -12.32% | -0.54% | 2.78% | -0.07% |
SUOE.L iShares EUR Corporate Bond ESG UCITS ETF (Dist) | -2.15% | 8.56% | -0.60% | 5.06% | -8.58% | -7.09% | 8.31% | -7.81% |
Correlation
The correlation between SUOG.L and SUOE.L is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Jul 30, 2019 | 0.40 |
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Return for Risk
SUOG.L vs. SUOE.L — Risk / Return Rank
SUOG.L
SUOE.L
SUOG.L vs. SUOE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares EUR Corporate Bond ESG SRI UCITS ETF GBP Hedged (Dist) (SUOG.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.
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.
| SUOG.L | SUOE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.04 | ||
| Sortino ratioReturn per unit of downside risk | +1.53 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 0.99 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.33 | -0.13 | +1.46 |
| Martin ratioReturn relative to average drawdown | 4.95 | -0.32 | +5.27 |
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Drawdowns
SUOG.L vs. SUOE.L - Drawdown Comparison
The maximum SUOG.L drawdown since its inception was -16.15%, smaller than the maximum SUOE.L drawdown of -21.13%. Use the drawdown chart below to compare losses from any high point for SUOG.L and SUOE.L.
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Drawdown Indicators
| SUOG.L | SUOE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.15% | -21.13% | +4.98% |
Max Drawdown (1Y)Largest decline over 1 year | -2.43% | -4.26% | +1.83% |
Max Drawdown (3Y)Largest decline over 3 years | -2.43% | -4.26% | +1.83% |
Max Drawdown (5Y)Largest decline over 5 years | -16.15% | -16.52% | +0.37% |
Current DrawdownCurrent decline from peak | -0.82% | -7.98% | +7.16% |
Average DrawdownAverage peak-to-trough decline | -4.07% | -9.44% | +5.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.65% | 1.72% | -1.07% |
Volatility
SUOG.L vs. SUOE.L - Volatility Comparison
The current volatility for iShares EUR Corporate Bond ESG SRI UCITS ETF GBP Hedged (Dist) (SUOG.L) is 0.91%, while iShares EUR Corporate Bond ESG UCITS ETF (Dist) (SUOE.L) has a volatility of 1.56%. This indicates that SUOG.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.
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Volatility by Period
| SUOG.L | SUOE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.91% | 1.56% | -0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 2.85% | 3.97% | -1.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.48% | 5.14% | -1.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.67% | 6.58% | -1.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.40% | 7.26% | -1.86% |
SUOG.L vs. SUOE.L - Expense Ratio Comparison
SUOG.L has a 0.16% 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
SUOG.L vs. SUOE.L - Dividend Comparison
SUOG.L's dividend yield for the trailing twelve months is around 3.22%, less than SUOE.L's 3.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
SUOE.L iShares EUR Corporate Bond ESG UCITS ETF (Dist) | 3.28% | 3.23% | 3.19% | 2.52% | 0.82% | 0.47% | 0.57% | 0.77% | 0.30% |
SUOG.L iShares EUR Corporate Bond ESG SRI UCITS ETF GBP Hedged (Dist) | 3.22% | 3.19% | 3.12% | 2.48% | 0.81% | 0.44% | 0.55% | 0.13% | 0.00% |
Frequently Asked Questions
SUOG.L and SUOE.L have a correlation of 0.47, 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 0.16% for SUOG.L.
SUOG.L tracks Bloomberg MSCI Euro Corporate ESG SRI Index, while SUOE.L tracks Bloomberg Euro Corp TR EUR. Their fees differ too: 0.16% for SUOG.L and 0.15% for SUOE.L.
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