YCSH.DE vs. EUNU.DE

Last updated Apr 2, 2026

Compare and contrast key facts about iShares € Cash UCITS ETF EUR Acc (YCSH.DE) and iShares Core Global Aggregate Bond UCITS ETF USD (Dist) (EUNU.DE).

YCSH.DE and EUNU.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. YCSH.DE is an actively managed fund by iShares. It was launched on Nov 21, 2024. EUNU.DE is a passively managed fund by iShares that tracks the performance of the Bloomberg Global Aggregate Bond. It was launched on Nov 21, 2017.

Performance

YCSH.DE vs. EUNU.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares € Cash UCITS ETF EUR Acc (YCSH.DE) and iShares Core Global Aggregate Bond UCITS ETF USD (Dist) (EUNU.DE). The values are adjusted to include any dividend payments, if applicable.

YCSH.DE vs. EUNU.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
YCSH.DE iShares € Cash UCITS ETF EUR Acc	0.49%	2.26%	0.27%
EUNU.DE iShares Core Global Aggregate Bond UCITS ETF USD (Dist)	-0.62%	-4.02%	-0.56%

Returns By Period

In the year-to-date period, YCSH.DE achieves a 0.49% return, which is significantly higher than EUNU.DE's -0.62% return.

YCSH.DE

• 1D: 0.02%
• 1M: 0.16%
• YTD: 0.49%
• 6M: 0.99%
• 1Y: 2.05%
• 3Y*: —
• 5Y*: —
• 10Y*: —

EUNU.DE

• 1D: 0.16%
• 1M: -0.95%
• YTD: -0.62%
• 6M: -0.71%
• 1Y: -4.03%
• 3Y*: 0.93%
• 5Y*: -0.58%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

YCSH.DE vs. EUNU.DE - Expense Ratio Comparison

Both YCSH.DE and EUNU.DE have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

YCSH.DE

iShares € Cash UCITS ETF EUR Acc

EUNU.DE

iShares Core Global Aggregate Bond UCITS ETF USD (Dist)

Return for Risk

YCSH.DE vs. EUNU.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

YCSH.DE

YCSH.DE Risk / Return Rank: 100
YCSH.DE Sharpe Ratio Rank: 100
YCSH.DE Sortino Ratio Rank: 100
YCSH.DE Omega Ratio Rank: 100
YCSH.DE Calmar Ratio Rank: 100
YCSH.DE Martin Ratio Rank: 100

EUNU.DE

EUNU.DE Risk / Return Rank: 2
EUNU.DE Sharpe Ratio Rank: 1
EUNU.DE Sortino Ratio Rank: 2
EUNU.DE Omega Ratio Rank: 2
EUNU.DE Calmar Ratio Rank: 3
EUNU.DE Martin Ratio Rank: 4

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.

YCSH.DE vs. EUNU.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares € Cash UCITS ETF EUR Acc (YCSH.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.

	YCSH.DE	EUNU.DE	Difference
Sharpe ratio Return per unit of total volatility	13.05	-0.82	+13.87
Sortino ratio Return per unit of downside risk	30.51	-1.02	+31.53
Omega ratio Gain probability vs. loss probability	9.76	0.87	+8.89
Calmar ratio Return relative to maximum drawdown	53.39	-0.63	+54.02
Martin ratio Return relative to average drawdown	416.15	-1.02	+417.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

YCSH.DE vs. EUNU.DE - Sharpe Ratio Comparison

The current YCSH.DE Sharpe Ratio is 13.05, which is higher than the EUNU.DE Sharpe Ratio of -0.82. The chart below compares the historical Sharpe Ratios of YCSH.DE and EUNU.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	YCSH.DE	EUNU.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	13.05	-0.82	+13.87
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.09	—
Sharpe Ratio (All Time) Calculated using the full available price history	11.08	0.23	+10.85

Correlation

The correlation between YCSH.DE and EUNU.DE is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

YCSH.DE vs. EUNU.DE - Dividend Comparison

YCSH.DE has not paid dividends to shareholders, while EUNU.DE's dividend yield for the trailing twelve months is around 1.53%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
YCSH.DE iShares € Cash UCITS ETF EUR Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
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%

Drawdowns

YCSH.DE vs. EUNU.DE - Drawdown Comparison

The maximum YCSH.DE drawdown since its inception was -0.07%, smaller than the maximum EUNU.DE drawdown of -12.88%. Use the drawdown chart below to compare losses from any high point for YCSH.DE and EUNU.DE.

Drawdown Indicators

	YCSH.DE	EUNU.DE	Difference
Max Drawdown Largest peak-to-trough decline	-0.07%	-12.88%	+12.81%
Max Drawdown (1Y) Largest decline over 1 year	-0.04%	-5.51%	+5.47%
Max Drawdown (5Y) Largest decline over 5 years	—	-12.88%	—
Current Drawdown Current decline from peak	0.00%	-7.60%	+7.60%
Average Drawdown Average peak-to-trough decline	0.00%	-4.64%	+4.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.00%	3.37%	-3.37%

Volatility

YCSH.DE vs. EUNU.DE - Volatility Comparison

The current volatility for iShares € Cash UCITS ETF EUR Acc (YCSH.DE) is 0.05%, while iShares Core Global Aggregate Bond UCITS ETF USD (Dist) (EUNU.DE) has a volatility of 1.39%. This indicates that YCSH.DE experiences smaller price fluctuations and is considered to be less risky than EUNU.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	YCSH.DE	EUNU.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.05%	1.39%	-1.34%
Volatility (6M) Calculated over the trailing 6-month period	0.08%	2.88%	-2.80%
Volatility (1Y) Calculated over the trailing 1-year period	0.16%	4.90%	-4.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.20%	6.07%	-5.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.20%	5.80%	-5.60%