UEEF.DE vs. SYBK.DE
UEEF.DE (iShares $ High Yield Corp Bond ESG SRI UCITS ETF EUR Hedged (Acc)) and SYBK.DE (SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF USD Unhedged (Dist)) are both High Yield Bonds funds - UEEF.DE tracks the Bloomberg MSCI US Corporate High Yield ESG SRI Bond Index (EUR Hedged) while SYBK.DE tracks the Bloomberg SASB US Corporate High Yield ESG Ex-Controversies Select. Both are passively managed. Over the past 5 years, UEEF.DE returned 1.44%/yr vs 4.83%/yr for SYBK.DE. At a 0.22 correlation, their price movements are largely independent. UEEF.DE charges 0.27%/yr vs 0.30%/yr for SYBK.DE.
Performance
UEEF.DE vs. SYBK.DE - Performance Comparison
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Returns By Period
In the year-to-date period, UEEF.DE achieves a 0.70% return, which is significantly lower than SYBK.DE's 4.82% 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*
- —
SYBK.DE
- 1D
- 0.00%
- 1M
- 2.05%
- 6M
- 4.64%
- YTD
- 4.82%
- 1Y
- 8.07%
- 3Y*
- 7.11%
- 5Y*
- 4.83%
- 10Y*
- 4.58%
UEEF.DE vs. SYBK.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% |
SYBK.DE SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF USD Unhedged (Dist) | 4.82% | -4.19% | 15.85% | 8.68% | -5.33% | 13.85% | 2.09% |
Correlation
The correlation between UEEF.DE and SYBK.DE is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Aug 18, 2020 | 0.22 |
The correlation between UEEF.DE and SYBK.DE shifts across timeframes, from 0.11 (1 year) to 0.23 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
UEEF.DE vs. SYBK.DE — Risk / Return Rank
UEEF.DE
SYBK.DE
UEEF.DE vs. SYBK.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 SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF USD Unhedged (Dist) (SYBK.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 | SYBK.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.63 | ||
| Sortino ratioReturn per unit of downside risk | -0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.24 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.15 | 2.53 | -1.38 |
| Martin ratioReturn relative to average drawdown | 4.84 | 7.19 | -2.35 |
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Drawdowns
UEEF.DE vs. SYBK.DE - Drawdown Comparison
The maximum UEEF.DE drawdown since its inception was -17.83%, smaller than the maximum SYBK.DE drawdown of -26.54%. Use the drawdown chart below to compare losses from any high point for UEEF.DE and SYBK.DE.
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Drawdown Indicators
| UEEF.DE | SYBK.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.83% | -26.54% | +8.71% |
Max Drawdown (1Y)Largest decline over 1 year | -2.77% | -3.17% | +0.40% |
Max Drawdown (3Y)Largest decline over 3 years | -5.10% | -12.85% | +7.75% |
Max Drawdown (5Y)Largest decline over 5 years | -17.83% | -12.85% | -4.98% |
Max Drawdown (10Y)Largest decline over 10 years | — | -19.70% | — |
Current DrawdownCurrent decline from peak | -0.17% | -2.51% | +2.34% |
Average DrawdownAverage peak-to-trough decline | -4.89% | -6.52% | +1.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.65% | 1.12% | -0.47% |
Volatility
UEEF.DE vs. SYBK.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 SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF USD Unhedged (Dist) (SYBK.DE) has a volatility of 1.48%. This indicates that UEEF.DE experiences smaller price fluctuations and is considered to be less risky than SYBK.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UEEF.DE | SYBK.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.20% | 1.48% | -0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 3.80% | 4.19% | -0.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.53% | 6.01% | -1.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.11% | 7.70% | -0.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.78% | 8.17% | -1.39% |
UEEF.DE vs. SYBK.DE - Expense Ratio Comparison
UEEF.DE has a 0.27% expense ratio, which is lower than SYBK.DE's 0.30% expense ratio.
Dividends
UEEF.DE vs. SYBK.DE - Dividend Comparison
UEEF.DE has not paid dividends to shareholders, while SYBK.DE's dividend yield for the trailing twelve months is around 7.03%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SYBK.DE SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF USD Unhedged (Dist) | 7.03% | 7.68% | 6.90% | 6.70% | 5.79% | 5.11% | 6.01% | 5.54% | 5.04% | 6.51% | 5.30% | 5.35% |
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 SYBK.DE have a correlation of 0.11, 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 0.30% for SYBK.DE.
UEEF.DE tracks Bloomberg MSCI US Corporate High Yield ESG SRI Bond Index (EUR Hedged), while SYBK.DE tracks Bloomberg SASB US Corporate High Yield ESG Ex-Controversies Select. They also come from different issuers: iShares and State Street. Their fees differ too: 0.27% for UEEF.DE and 0.30% for SYBK.DE.
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