UEEF.DE vs. IBC9.DE
UEEF.DE (iShares $ High Yield Corp Bond ESG SRI UCITS ETF EUR Hedged (Acc)) and IBC9.DE (iShares Global High Yield Corporate Bond UCITS ETF) are both High Yield Bonds funds from iShares - UEEF.DE tracks the Bloomberg MSCI US Corporate High Yield ESG SRI Bond Index (EUR Hedged) while IBC9.DE tracks the iBoxx® Global Developed Markets Liquid High Yield Capped. Both are passively managed. Over the past 5 years, UEEF.DE returned 1.44%/yr vs 3.79%/yr for IBC9.DE. At a 0.47 correlation, their price movements are largely independent. UEEF.DE charges 0.27%/yr vs 0.50%/yr for IBC9.DE.
Performance
UEEF.DE vs. IBC9.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 IBC9.DE's 3.47% 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*
- —
IBC9.DE
- 1D
- -0.13%
- 1M
- 1.44%
- 6M
- 3.26%
- YTD
- 3.47%
- 1Y
- 6.26%
- 3Y*
- 6.73%
- 5Y*
- 3.79%
- 10Y*
- 4.18%
UEEF.DE vs. IBC9.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% |
IBC9.DE iShares Global High Yield Corporate Bond UCITS ETF | 3.47% | 1.08% | 9.31% | 9.25% | -6.54% | 8.55% | 3.25% |
Correlation
The correlation between UEEF.DE and IBC9.DE is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Aug 18, 2020 | 0.47 |
The correlation between UEEF.DE and IBC9.DE shifts across timeframes, from 0.32 (1 year) to 0.48 (5 years), 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. IBC9.DE — Risk / Return Rank
UEEF.DE
IBC9.DE
UEEF.DE vs. IBC9.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 iShares Global High Yield Corporate Bond UCITS ETF (IBC9.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 | IBC9.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.85 | ||
| Sortino ratioReturn per unit of downside risk | -1.19 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.29 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.15 | 2.81 | -1.66 |
| Martin ratioReturn relative to average drawdown | 4.84 | 9.16 | -4.32 |
Loading charts...
Drawdowns
UEEF.DE vs. IBC9.DE - Drawdown Comparison
The maximum UEEF.DE drawdown since its inception was -17.83%, smaller than the maximum IBC9.DE drawdown of -27.22%. Use the drawdown chart below to compare losses from any high point for UEEF.DE and IBC9.DE.
Loading charts...
Drawdown Indicators
| UEEF.DE | IBC9.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.83% | -27.22% | +9.39% |
Max Drawdown (1Y)Largest decline over 1 year | -2.77% | -2.22% | -0.55% |
Max Drawdown (3Y)Largest decline over 3 years | -5.10% | -6.79% | +1.69% |
Max Drawdown (5Y)Largest decline over 5 years | -17.83% | -10.00% | -7.83% |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.34% | — |
Current DrawdownCurrent decline from peak | -0.17% | -0.35% | +0.18% |
Average DrawdownAverage peak-to-trough decline | -4.89% | -7.56% | +2.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.65% | 0.68% | -0.03% |
Volatility
UEEF.DE vs. IBC9.DE - Volatility Comparison
iShares $ High Yield Corp Bond ESG SRI UCITS ETF EUR Hedged (Acc) (UEEF.DE) has a higher volatility of 1.20% compared to iShares Global High Yield Corporate Bond UCITS ETF (IBC9.DE) at 1.02%. This indicates that UEEF.DE's price experiences larger fluctuations and is considered to be riskier than IBC9.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UEEF.DE | IBC9.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.20% | 1.02% | +0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 3.80% | 2.93% | +0.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.53% | 4.01% | +0.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.11% | 5.68% | +1.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.78% | 7.85% | -1.07% |
UEEF.DE vs. IBC9.DE - Expense Ratio Comparison
UEEF.DE has a 0.27% expense ratio, which is lower than IBC9.DE's 0.50% expense ratio.
Dividends
UEEF.DE vs. IBC9.DE - Dividend Comparison
UEEF.DE has not paid dividends to shareholders, while IBC9.DE's dividend yield for the trailing twelve months is around 7.00%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBC9.DE iShares Global High Yield Corporate Bond UCITS ETF | 7.00% | 5.55% | 5.32% | 4.88% | 4.06% | 3.76% | 4.80% | 4.78% | 4.77% | 5.03% | 4.78% | 5.18% |
UEEF.DE iShares $ High Yield Corp Bond ESG SRI UCITS ETF EUR Hedged (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
UEEF.DE and IBC9.DE have a correlation of 0.32, 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 0.50% for IBC9.DE.
UEEF.DE tracks Bloomberg MSCI US Corporate High Yield ESG SRI Bond Index (EUR Hedged), while IBC9.DE tracks iBoxx® Global Developed Markets Liquid High Yield Capped. Their fees differ too: 0.27% for UEEF.DE and 0.50% for IBC9.DE.
Find the right allocation for UEEF.DE and IBC9.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