VALD.DE vs. EUN0.DE
VALD.DE (BNP Paribas Easy ESG Value Europe UCITS ETF) and EUN0.DE (iShares Edge MSCI Europe Minimum Volatility UCITS ETF) are both Europe Equities funds - VALD.DE tracks the BNP Paribas Value Europe ESG while EUN0.DE tracks the MSCI Europe Minimum Volatility. Both are passively managed. Over the past 5 years, VALD.DE returned 7.81%/yr vs 7.36%/yr for EUN0.DE. Their correlation of 0.80 suggests significant overlap in exposure. VALD.DE charges 0.30%/yr vs 0.25%/yr for EUN0.DE.
Performance
VALD.DE vs. EUN0.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VALD.DE achieves a 10.40% return, which is significantly higher than EUN0.DE's 5.60% return.
VALD.DE
- 1D
- 0.88%
- 1M
- 1.88%
- YTD
- 10.40%
- 6M
- 13.48%
- 1Y
- 18.73%
- 3Y*
- 16.67%
- 5Y*
- 7.81%
- 10Y*
- —
EUN0.DE
- 1D
- 0.54%
- 1M
- 0.57%
- YTD
- 5.60%
- 6M
- 6.91%
- 1Y
- 5.46%
- 3Y*
- 10.39%
- 5Y*
- 7.36%
- 10Y*
- 6.66%
VALD.DE vs. EUN0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VALD.DE BNP Paribas Easy ESG Value Europe UCITS ETF | 10.40% | 23.55% | 9.24% | 14.99% | -19.44% | 23.32% | -12.12% | 17.75% | -12.42% | 14.18% |
EUN0.DE iShares Edge MSCI Europe Minimum Volatility UCITS ETF | 5.60% | 12.27% | 11.42% | 10.79% | -13.21% | 21.54% | -4.02% | 24.17% | -4.36% | 7.20% |
Correlation
The correlation between VALD.DE and EUN0.DE is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Feb 15, 2017 | 0.80 |
The correlation between VALD.DE and EUN0.DE has been stable across timeframes, ranging from 0.75 to 0.80 - a consistent structural relationship.
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
VALD.DE vs. EUN0.DE — Risk / Return Rank
VALD.DE
EUN0.DE
VALD.DE vs. EUN0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy ESG Value Europe UCITS ETF (VALD.DE) and iShares Edge MSCI Europe Minimum Volatility UCITS ETF (EUN0.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.
| VALD.DE | EUN0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.00 | ||
| Sortino ratioReturn per unit of downside risk | +1.39 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.11 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 2.47 | 0.76 | +1.71 |
| Martin ratioReturn relative to average drawdown | 8.35 | 1.97 | +6.38 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| VALD.DE | EUN0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.62 | 0.62 | +1.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.66 | -0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.53 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.63 | -0.24 |
Drawdowns
VALD.DE vs. EUN0.DE - Drawdown Comparison
The maximum VALD.DE drawdown since its inception was -41.02%, which is greater than EUN0.DE's maximum drawdown of -30.68%. Use the drawdown chart below to compare losses from any high point for VALD.DE and EUN0.DE.
Loading charts...
Drawdown Indicators
| VALD.DE | EUN0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.02% | -30.68% | -10.34% |
Max Drawdown (1Y)Largest decline over 1 year | -7.54% | -7.16% | -0.38% |
Max Drawdown (3Y)Largest decline over 3 years | -14.17% | -10.73% | -3.44% |
Max Drawdown (5Y)Largest decline over 5 years | -31.14% | -19.64% | -11.50% |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.68% | — |
Current DrawdownCurrent decline from peak | -0.96% | -3.12% | +2.16% |
Average DrawdownAverage peak-to-trough decline | -8.18% | -4.69% | -3.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.24% | 2.76% | -0.52% |
Volatility
VALD.DE vs. EUN0.DE - Volatility Comparison
BNP Paribas Easy ESG Value Europe UCITS ETF (VALD.DE) has a higher volatility of 3.80% compared to iShares Edge MSCI Europe Minimum Volatility UCITS ETF (EUN0.DE) at 3.03%. This indicates that VALD.DE's price experiences larger fluctuations and is considered to be riskier than EUN0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| VALD.DE | EUN0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.80% | 3.03% | +0.77% |
Volatility (6M)Calculated over the trailing 6-month period | 9.29% | 7.20% | +2.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.54% | 8.77% | +2.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.41% | 11.02% | +3.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.89% | 12.51% | +3.38% |
VALD.DE vs. EUN0.DE - Expense Ratio Comparison
VALD.DE has a 0.30% expense ratio, which is higher than EUN0.DE's 0.25% expense ratio.
Dividends
VALD.DE vs. EUN0.DE - Dividend Comparison
VALD.DE's dividend yield for the trailing twelve months is around 3.00%, while EUN0.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
EUN0.DE iShares Edge MSCI Europe Minimum Volatility UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VALD.DE BNP Paribas Easy ESG Value Europe UCITS ETF | 3.00% | 3.36% | 3.35% | 3.36% | 3.99% | 2.17% | 5.02% | 4.92% | 4.84% |
Frequently Asked Questions
VALD.DE and EUN0.DE have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUN0.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUN0.DE is cheaper with a 0.25% expense ratio, compared with 0.30% for VALD.DE.
VALD.DE tracks BNP Paribas Value Europe ESG, while EUN0.DE tracks MSCI Europe Minimum Volatility. They also come from different issuers: BNP Paribas and iShares. Their fees differ too: 0.30% for VALD.DE and 0.25% for EUN0.DE.
Find the right allocation for VALD.DE and EUN0.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