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VNA.DE vs. EUNL.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

VNA.DE vs. EUNL.DE

Last updated Jun 5, 2026

VNA.DE (Vonovia SE) is a stock, while EUNL.DE (iShares Core MSCI World UCITS ETF USD (Acc)) is Global Equities fund tracking the MSCI World Index. Over the past 10 years, VNA.DE returned 0.33%/yr vs 12.82%/yr for EUNL.DE. At a 0.34 correlation, their price movements are largely independent.

Performance

VNA.DE vs. EUNL.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Vonovia SE (VNA.DE) and iShares Core MSCI World UCITS ETF USD (Acc) (EUNL.DE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, VNA.DE achieves a -11.20% return, which is significantly lower than EUNL.DE's 10.86% return. Over the past 10 years, VNA.DE has underperformed EUNL.DE with an annualized return of 0.33%, while EUNL.DE has yielded a comparatively higher 12.82% annualized return.

VNA.DE

1D
1.63%
1M
-2.23%
YTD
-11.20%
6M
-14.51%
1Y
-25.45%
3Y*
9.91%
5Y*
-12.31%
10Y*
0.33%

EUNL.DE

1D
0.02%
1M
4.80%
YTD
10.86%
6M
11.29%
1Y
23.80%
3Y*
17.55%
5Y*
12.89%
10Y*
12.82%
*Multi-year figures are annualized to reflect compound growth (CAGR)

VNA.DE vs. EUNL.DE - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
VNA.DE
Vonovia SE		-11.20%-12.70%6.11%35.91%-52.54%-11.27%32.19%24.34%-1.65%37.56%
EUNL.DE
iShares Core MSCI World UCITS ETF USD (Acc)		10.86%7.90%25.93%20.13%-13.59%32.71%5.48%31.34%-5.13%7.71%

Correlation

The correlation between VNA.DE and EUNL.DE is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.25

Correlation (3Y)
Calculated over the trailing 3-year period

0.26

Correlation (5Y)
Calculated over the trailing 5-year period

0.34

Correlation (10Y)
Calculated over the trailing 10-year period

0.31

Correlation (All Time)
Calculated using the full available price history since Jul 12, 2013

0.34

Compare stocks, funds, or ETFs

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Vonovia SE

iShares Core MSCI World UCITS ETF USD (Acc)

Often compared with VNA.DE:
VNA.DE vs. VOOVNA.DE vs. JPMVNA.DE vs. XDWT.DEVNA.DE vs. SPGVNA.DE vs. SPYVNA.DE vs. PLDVNA.DE vs. ^GSPC
Often compared with EUNL.DE:
EUNL.DE vs. VWCE.DEEUNL.DE vs. SPYEUNL.DE vs. IS3N.DEEUNL.DE vs. XDWD.DEEUNL.DE vs. AMEW.DEEUNL.DE vs. QDVE.DEEUNL.DE vs. EXXY.DE

Return for Risk

VNA.DE vs. EUNL.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
VNA.DE
VNA.DE Risk / Return Rank: 88
Overall Rank
VNA.DE Sharpe Ratio Rank: 66
Sharpe Ratio Rank
VNA.DE Sortino Ratio Rank: 99
Sortino Ratio Rank
VNA.DE Omega Ratio Rank: 88
Omega Ratio Rank
VNA.DE Calmar Ratio Rank: 1010
Calmar Ratio Rank
VNA.DE Martin Ratio Rank: 55
Martin Ratio Rank
EUNL.DE
EUNL.DE Risk / Return Rank: 7070
Overall Rank
EUNL.DE Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
EUNL.DE Sortino Ratio Rank: 6666
Sortino Ratio Rank
EUNL.DE Omega Ratio Rank: 6868
Omega Ratio Rank
EUNL.DE Calmar Ratio Rank: 7373
Calmar Ratio Rank
EUNL.DE Martin Ratio Rank: 7777
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VNA.DE vs. EUNL.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vonovia SE (VNA.DE) and iShares Core MSCI World UCITS ETF USD (Acc) (EUNL.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.

VNA.DEEUNL.DEDifference
Sharpe ratioReturn per unit of total volatility
-0.94
2.12

-3.06

Sortino ratioReturn per unit of downside risk
-1.19
2.97

-4.17

Omega ratioGain probability vs. loss probability

0.84

1.40

-0.56

Calmar ratioReturn relative to maximum drawdown

-0.83

3.64

-4.47

Martin ratioReturn relative to average drawdown

-1.53

14.52

-16.05

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VNA.DE vs. EUNL.DE - Sharpe Ratio Comparison

The current VNA.DE Sharpe Ratio is -0.94, which is lower than the EUNL.DE Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of VNA.DE and EUNL.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

VNA.DEEUNL.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.94

2.12

-3.06

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.36

0.90

-1.26

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.01

0.84

-0.83

Sharpe Ratio (All Time)

Calculated using the full available price history

0.21

0.82

-0.61

Drawdowns

VNA.DE vs. EUNL.DE - Drawdown Comparison

The maximum VNA.DE drawdown since its inception was -71.24%, which is greater than EUNL.DE's maximum drawdown of -33.63%. Use the drawdown chart below to compare losses from any high point for VNA.DE and EUNL.DE.

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Drawdown Indicators

VNA.DEEUNL.DEDifference

Max Drawdown

Largest peak-to-trough decline

-71.24%

-33.63%

-37.61%

Max Drawdown (1Y)

Largest decline over 1 year

-30.66%

-6.50%

-24.16%

Max Drawdown (3Y)

Largest decline over 3 years

-34.87%

-21.73%

-13.14%

Max Drawdown (5Y)

Largest decline over 5 years

-71.11%

-21.73%

-49.38%

Max Drawdown (10Y)

Largest decline over 10 years

-71.24%

-33.63%

-37.61%

Current Drawdown

Current decline from peak

-54.77%

-0.31%

-54.46%

Average Drawdown

Average peak-to-trough decline

-20.43%

-4.25%

-16.18%

Ulcer Index

Depth and duration of drawdowns from previous peaks

16.56%

1.64%

+14.92%

Volatility

VNA.DE vs. EUNL.DE - Volatility Comparison

Vonovia SE (VNA.DE) has a higher volatility of 6.64% compared to iShares Core MSCI World UCITS ETF USD (Acc) (EUNL.DE) at 2.62%. This indicates that VNA.DE's price experiences larger fluctuations and is considered to be riskier than EUNL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

VNA.DEEUNL.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.64%

2.62%

+4.02%

Volatility (6M)

Calculated over the trailing 6-month period

23.73%

7.72%

+16.01%

Volatility (1Y)

Calculated over the trailing 1-year period

26.92%

11.16%

+15.76%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

33.54%

14.17%

+19.37%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

28.29%

15.17%

+13.12%

Dividends

VNA.DE vs. EUNL.DE - Dividend Comparison

VNA.DE's dividend yield for the trailing twelve months is around 6.08%, while EUNL.DE has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
EUNL.DE
iShares Core MSCI World UCITS ETF USD (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%
VNA.DE
Vonovia SE		6.08%4.97%3.07%2.98%7.49%2.76%5.02%2.54%2.82%2.29%2.57%1.94%

Frequently Asked Questions

VNA.DE and EUNL.DE have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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