UEEF.DE vs. GFEA.DE
UEEF.DE (iShares $ High Yield Corp Bond ESG SRI UCITS ETF EUR Hedged (Acc)) and GFEA.DE (VanEck Global Fallen Angel High Yield Bond UCITS ETF) are both High Yield Bonds funds - UEEF.DE tracks the Bloomberg MSCI US Corporate High Yield ESG SRI Bond Index (EUR Hedged) while GFEA.DE tracks the ICE Global Fallen Angel High Yield 10% Constrained. Both are passively managed. Over the past 5 years, UEEF.DE returned 1.44%/yr vs 3.94%/yr for GFEA.DE. At a 0.36 correlation, their price movements are largely independent. UEEF.DE charges 0.27%/yr vs 0.40%/yr for GFEA.DE.
Performance
UEEF.DE vs. GFEA.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UEEF.DE achieves a 0.70% return, which is significantly lower than GFEA.DE's 7.75% return.
UEEF.DE
- 1D
- -0.17%
- 1M
- 0.52%
- 6M
- 0.87%
- YTD
- 0.70%
- 1Y
- 3.21%
- 3Y*
- 6.52%
- 5Y*
- 1.44%
- 10Y*
- —
GFEA.DE
- 1D
- 0.27%
- 1M
- 1.87%
- 6M
- 7.70%
- YTD
- 7.75%
- 1Y
- 10.30%
- 3Y*
- 7.44%
- 5Y*
- 3.94%
- 10Y*
- —
UEEF.DE vs. GFEA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
UEEF.DE iShares $ High Yield Corp Bond ESG SRI UCITS ETF EUR Hedged (Acc) | 0.70% | 6.88% | 5.91% | 9.72% | -14.58% | 3.04% | 5.20% |
GFEA.DE VanEck Global Fallen Angel High Yield Bond UCITS ETF | 7.75% | -2.31% | 12.21% | 6.69% | -7.67% | 10.64% | 4.68% |
Correlation
The correlation between UEEF.DE and GFEA.DE is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Aug 18, 2020 | 0.36 |
The correlation between UEEF.DE and GFEA.DE shifts across timeframes, from 0.19 (1 year) to 0.36 (all time), reflecting how their relationship changes across market environments.
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
UEEF.DE vs. GFEA.DE — Risk / Return Rank
UEEF.DE
GFEA.DE
UEEF.DE vs. GFEA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares $ High Yield Corp Bond ESG SRI UCITS ETF EUR Hedged (Acc) (UEEF.DE) and VanEck Global Fallen Angel High Yield Bond UCITS ETF (GFEA.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.
| UEEF.DE | GFEA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.79 | ||
| Sortino ratioReturn per unit of downside risk | -1.21 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.28 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.15 | 4.19 | -3.04 |
| Martin ratioReturn relative to average drawdown | 4.84 | 13.66 | -8.82 |
Loading charts...
Drawdowns
UEEF.DE vs. GFEA.DE - Drawdown Comparison
The maximum UEEF.DE drawdown since its inception was -17.83%, smaller than the maximum GFEA.DE drawdown of -22.88%. Use the drawdown chart below to compare losses from any high point for UEEF.DE and GFEA.DE.
Loading charts...
Drawdown Indicators
| UEEF.DE | GFEA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.83% | -22.88% | +5.05% |
Max Drawdown (1Y)Largest decline over 1 year | -2.77% | -2.45% | -0.32% |
Max Drawdown (3Y)Largest decline over 3 years | -5.10% | -9.97% | +4.87% |
Max Drawdown (5Y)Largest decline over 5 years | -17.83% | -10.96% | -6.87% |
Current DrawdownCurrent decline from peak | -0.17% | -0.40% | +0.23% |
Average DrawdownAverage peak-to-trough decline | -4.89% | -5.00% | +0.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.65% | 0.75% | -0.10% |
Volatility
UEEF.DE vs. GFEA.DE - Volatility Comparison
The current volatility for iShares $ High Yield Corp Bond ESG SRI UCITS ETF EUR Hedged (Acc) (UEEF.DE) is 1.20%, while VanEck Global Fallen Angel High Yield Bond UCITS ETF (GFEA.DE) has a volatility of 2.77%. This indicates that UEEF.DE experiences smaller price fluctuations and is considered to be less risky than GFEA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UEEF.DE | GFEA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.20% | 2.77% | -1.57% |
Volatility (6M)Calculated over the trailing 6-month period | 3.80% | 5.52% | -1.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.53% | 6.86% | -2.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.11% | 7.82% | -0.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.78% | 10.56% | -3.78% |
UEEF.DE vs. GFEA.DE - Expense Ratio Comparison
UEEF.DE has a 0.27% expense ratio, which is lower than GFEA.DE's 0.40% expense ratio.
Dividends
UEEF.DE vs. GFEA.DE - Dividend Comparison
Neither UEEF.DE nor GFEA.DE has paid dividends to shareholders.
Frequently Asked Questions
UEEF.DE and GFEA.DE have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UEEF.DE is cheaper at 0.27% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UEEF.DE is cheaper with a 0.27% expense ratio, compared with 0.40% for GFEA.DE.
UEEF.DE tracks Bloomberg MSCI US Corporate High Yield ESG SRI Bond Index (EUR Hedged), while GFEA.DE tracks ICE Global Fallen Angel High Yield 10% Constrained. They also come from different issuers: iShares and VanEck. Their fees differ too: 0.27% for UEEF.DE and 0.40% for GFEA.DE.
Find the right allocation for UEEF.DE and GFEA.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