SXR2.DE vs. EUNA.DE
SXR2.DE (iShares MSCI Canada UCITS ETF USD (Acc)) and EUNA.DE (iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc) are both exchange-traded funds - SXR2.DE is a Canada Equities fund tracking the MSCI Canada Index, 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, SXR2.DE returned 11.98%/yr vs -1.36%/yr for EUNA.DE. At a 0.04 correlation, their price movements are largely independent. SXR2.DE charges 0.48%/yr vs 0.10%/yr for EUNA.DE.
Performance
SXR2.DE vs. EUNA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SXR2.DE achieves a 9.88% return, which is significantly higher than EUNA.DE's -0.40% return.
SXR2.DE
- 1D
- 0.76%
- 1M
- 0.46%
- 6M
- 11.04%
- YTD
- 9.88%
- 1Y
- 29.57%
- 3Y*
- 18.37%
- 5Y*
- 11.98%
- 10Y*
- 10.55%
EUNA.DE
- 1D
- -0.20%
- 1M
- 0.41%
- 6M
- 0.20%
- YTD
- -0.40%
- 1Y
- 0.82%
- 3Y*
- 2.34%
- 5Y*
- -1.36%
- 10Y*
- —
SXR2.DE vs. EUNA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SXR2.DE iShares MSCI Canada UCITS ETF USD (Acc) | 9.88% | 22.31% | 18.64% | 10.40% | -7.44% | 35.09% | -3.70% | 30.10% | -13.74% | 1.56% |
EUNA.DE iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc | -0.40% | 2.91% | 1.48% | 4.41% | -13.52% | -2.42% | 3.86% | 5.07% | -1.20% | -0.20% |
Correlation
The correlation between SXR2.DE and EUNA.DE is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Nov 21, 2017 | 0.04 |
The correlation between SXR2.DE and EUNA.DE shifts across timeframes, from 0.04 (all time) to 0.23 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
SXR2.DE vs. EUNA.DE — Risk / Return Rank
SXR2.DE
EUNA.DE
SXR2.DE vs. EUNA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Canada UCITS ETF USD (Acc) (SXR2.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.
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.
| SXR2.DE | EUNA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.27 | ||
| Sortino ratioReturn per unit of downside risk | +3.16 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.04 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 4.61 | 0.29 | +4.32 |
| Martin ratioReturn relative to average drawdown | 19.67 | 0.78 | +18.89 |
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Drawdowns
SXR2.DE vs. EUNA.DE - Drawdown Comparison
The maximum SXR2.DE drawdown since its inception was -40.76%, which is greater than EUNA.DE's maximum drawdown of -17.81%. Use the drawdown chart below to compare losses from any high point for SXR2.DE and EUNA.DE.
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Drawdown Indicators
| SXR2.DE | EUNA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.76% | -17.81% | -22.95% |
Max Drawdown (1Y)Largest decline over 1 year | -6.38% | -2.80% | -3.58% |
Max Drawdown (3Y)Largest decline over 3 years | -17.58% | -4.11% | -13.47% |
Max Drawdown (5Y)Largest decline over 5 years | -17.62% | -17.04% | -0.58% |
Max Drawdown (10Y)Largest decline over 10 years | -40.76% | — | — |
Current DrawdownCurrent decline from peak | -0.72% | -8.53% | +7.81% |
Average DrawdownAverage peak-to-trough decline | -7.75% | -6.71% | -1.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.50% | 1.05% | +0.45% |
Volatility
SXR2.DE vs. EUNA.DE - Volatility Comparison
iShares MSCI Canada UCITS ETF USD (Acc) (SXR2.DE) has a higher volatility of 3.35% compared to iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (EUNA.DE) at 0.86%. This indicates that SXR2.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.
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Volatility by Period
| SXR2.DE | EUNA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.35% | 0.86% | +2.49% |
Volatility (6M)Calculated over the trailing 6-month period | 8.09% | 2.83% | +5.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.91% | 3.73% | +8.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.40% | 4.84% | +10.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.83% | 4.44% | +12.39% |
SXR2.DE vs. EUNA.DE - Expense Ratio Comparison
SXR2.DE has a 0.48% expense ratio, which is higher than EUNA.DE's 0.10% expense ratio.
Dividends
SXR2.DE vs. EUNA.DE - Dividend Comparison
Neither SXR2.DE nor EUNA.DE has paid dividends to shareholders.
Frequently Asked Questions
SXR2.DE and EUNA.DE have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUNA.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUNA.DE is cheaper with a 0.10% expense ratio, compared with 0.48% for SXR2.DE.
SXR2.DE is categorized as Canada Equities, while EUNA.DE is Global Bonds. SXR2.DE tracks MSCI Canada Index, while EUNA.DE tracks Bloomberg Global Aggregate Bond (EUR Hedged). Their fees differ too: 0.48% for SXR2.DE and 0.10% for EUNA.DE.
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