XSOE.DE vs. EUNU.DE
XSOE.DE (WisdomTree Emerging Markets ex-State-Owned Enterprises UCITS ETF) and EUNU.DE (iShares Core Global Aggregate Bond UCITS ETF USD (Dist)) are both exchange-traded funds - XSOE.DE is a Emerging Markets Equities fund tracking the WisdomTree Emerging Markets ex-State-Owned Enterprises ESG Screened, while EUNU.DE is a Global Bonds fund tracking the Bloomberg Global Aggregate Bond. Both are passively managed. Over the past 3 years, XSOE.DE returned 18.45%/yr vs 1.03%/yr for EUNU.DE. At a 0.03 correlation, their price movements are largely independent. XSOE.DE charges 0.32%/yr vs 0.10%/yr for EUNU.DE.
Performance
XSOE.DE vs. EUNU.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XSOE.DE achieves a 24.59% return, which is significantly higher than EUNU.DE's -0.39% return.
XSOE.DE
- 1D
- -1.43%
- 1M
- 6.23%
- YTD
- 24.59%
- 6M
- 26.89%
- 1Y
- 47.18%
- 3Y*
- 18.45%
- 5Y*
- —
- 10Y*
- —
EUNU.DE
- 1D
- 0.02%
- 1M
- 0.50%
- YTD
- -0.39%
- 6M
- -0.86%
- 1Y
- -1.14%
- 3Y*
- 1.03%
- 5Y*
- -0.25%
- 10Y*
- —
XSOE.DE vs. EUNU.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XSOE.DE WisdomTree Emerging Markets ex-State-Owned Enterprises UCITS ETF | 24.59% | 16.93% | 10.26% | 6.05% | -19.00% | 3.24% |
EUNU.DE iShares Core Global Aggregate Bond UCITS ETF USD (Dist) | -0.39% | -4.02% | 5.70% | 4.05% | -10.69% | 0.74% |
Correlation
The correlation between XSOE.DE and EUNU.DE is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Aug 24, 2021 | 0.03 |
The correlation between XSOE.DE and EUNU.DE shifts across timeframes, from 0.03 (all time) to 0.18 (1 year), 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
XSOE.DE vs. EUNU.DE — Risk / Return Rank
XSOE.DE
EUNU.DE
XSOE.DE vs. EUNU.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets ex-State-Owned Enterprises UCITS ETF (XSOE.DE) and iShares Core Global Aggregate Bond UCITS ETF USD (Dist) (EUNU.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.
| XSOE.DE | EUNU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.88 | ||
| Sortino ratioReturn per unit of downside risk | +3.86 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 0.96 | +0.51 |
| Calmar ratioReturn relative to maximum drawdown | 4.33 | -0.30 | +4.63 |
| Martin ratioReturn relative to average drawdown | 15.99 | -0.67 | +16.65 |
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
| XSOE.DE | EUNU.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.60 | -0.29 | +2.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.04 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.23 | +0.21 |
Drawdowns
XSOE.DE vs. EUNU.DE - Drawdown Comparison
The maximum XSOE.DE drawdown since its inception was -27.69%, which is greater than EUNU.DE's maximum drawdown of -12.88%. Use the drawdown chart below to compare losses from any high point for XSOE.DE and EUNU.DE.
Loading charts...
Drawdown Indicators
| XSOE.DE | EUNU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.69% | -12.88% | -14.81% |
Max Drawdown (1Y)Largest decline over 1 year | -10.85% | -3.82% | -7.03% |
Max Drawdown (3Y)Largest decline over 3 years | -19.83% | -8.28% | -11.55% |
Max Drawdown (5Y)Largest decline over 5 years | — | -12.88% | — |
Current DrawdownCurrent decline from peak | -2.39% | -7.39% | +5.00% |
Average DrawdownAverage peak-to-trough decline | -12.90% | -4.71% | -8.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.94% | 1.71% | +1.23% |
Volatility
XSOE.DE vs. EUNU.DE - Volatility Comparison
WisdomTree Emerging Markets ex-State-Owned Enterprises UCITS ETF (XSOE.DE) has a higher volatility of 7.20% compared to iShares Core Global Aggregate Bond UCITS ETF USD (Dist) (EUNU.DE) at 0.95%. This indicates that XSOE.DE's price experiences larger fluctuations and is considered to be riskier than EUNU.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XSOE.DE | EUNU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.20% | 0.95% | +6.25% |
Volatility (6M)Calculated over the trailing 6-month period | 15.05% | 2.92% | +12.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.10% | 3.99% | +14.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.27% | 6.06% | +11.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.27% | 5.76% | +11.51% |
XSOE.DE vs. EUNU.DE - Expense Ratio Comparison
XSOE.DE has a 0.32% expense ratio, which is higher than EUNU.DE's 0.10% expense ratio.
Dividends
XSOE.DE vs. EUNU.DE - Dividend Comparison
XSOE.DE has not paid dividends to shareholders, while EUNU.DE's dividend yield for the trailing twelve months is around 1.53%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
EUNU.DE iShares Core Global Aggregate Bond UCITS ETF USD (Dist) | 1.53% | 3.21% | 4.10% | 4.25% | 1.55% | 2.78% | 2.49% | 2.47% | 2.10% |
XSOE.DE WisdomTree Emerging Markets ex-State-Owned Enterprises UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XSOE.DE and EUNU.DE have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUNU.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUNU.DE is cheaper with a 0.10% expense ratio, compared with 0.32% for XSOE.DE.
XSOE.DE is categorized as Emerging Markets Equities, while EUNU.DE is Global Bonds. XSOE.DE tracks WisdomTree Emerging Markets ex-State-Owned Enterprises ESG Screened, while EUNU.DE tracks Bloomberg Global Aggregate Bond. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.32% for XSOE.DE and 0.10% for EUNU.DE.
Find the right allocation for XSOE.DE and EUNU.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