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Best Europe funds

Ranking of the top 19 Europe funds (Fixed Income) by composite score (risk-adjusted return). Updated 01/09/2026.

This page ranks 19 Europe funds, a subcategory of Fixed Income, ordered by a composite score that rewards risk-adjusted return and curve stability while penalizing drawdowns. Use it to compare options within the same investment style before exploring each fund's history in the interactive view.

See interactive version →

ℹ️ Methodology: period and indicators

All indicators are computed over the last 3 years of prices, with daily data. The risk-free rate used is 2.0%.

Score formula (risk-adjusted return):

0.15·R² + 0.15·Sortino* + 0.2·DD* + 0.2·CAGR_excess* + 0.1·Volatility_inv* + 0.2·Ulcer_inv*

* Components normalized to the analyzed set of funds (best in set = 1, worst = 0). The drawdown term is 1 − (MaxDD / 30.0%)3, clamped to [0,1]. Volatility and Ulcer are inverted (less = better).

A higher score means better relative behavior within the analyzed set, not an investment recommendation.

🏆 Ranking

#ISINNameScoreTotal Ret.Annual Ret.VolatilitySharpeSortinoMax DrawdownCalmar
1LU0080237943DWS Euro Ultra Short Fixed Inc NC0.6950.97711.03%3.54%0.22%6.958.050.10%36.53
2LU0034353002DWS Floating Rate Notes LC0.6920.97910.89%3.50%0.20%7.487.280.15%22.75
3LU0029761706UBAM - Dynamic Euro Bond AC EUR0.6920.96911.45%3.68%0.27%6.137.550.09%40.90
4ES0138922036Gesconsult Corto Plazo0.6830.97810.22%3.29%0.23%5.645.540.16%21.12
5FR001400CFA4Ostrum SRI Credit Ultra Short Plus R/C (EUR)0.6800.98310.87%3.49%0.26%5.794.530.23%15.20
6LU0840158819STORM BOND FUND RC EUR ACC0.6800.98519.36%6.06%0.89%4.564.281.56%3.88
7ES0127795005EDM Renta R FI0.6790.9809.41%3.04%0.23%4.534.550.13%22.49
8LU2262944817Sissener SICAV - Sissener Corporate Bond Fund R EUR0.6750.98422.81%7.07%1.61%3.153.712.91%2.43
9IE000JM1MJ59Man Funds plc - Man Euro Corporate Bond D EUR0.6740.91733.94%10.84%1.91%4.634.841.97%5.51
10LU2262945038Sissener SICAV - Sissener Corporate Bond Fund RF EUR0.6730.97924.24%7.48%1.77%3.103.593.16%2.37
11LU1608101579Pareto Nordic Corporate Bond A EUR0.6700.98520.70%6.45%1.44%3.092.562.20%2.93
12FR0013439148La Française Carbon Impact Floating Rates R0.6670.96713.62%4.33%0.78%2.992.540.94%4.59
13ES0124526015Abaco Renta Fija R FI0.6620.98112.96%4.13%1.28%1.671.551.77%2.34
14FR0013506995Lazard Euro Short Duration Income Opportunities SRI RVC EUR0.6620.96719.44%6.08%1.97%2.082.032.05%2.96
15FR0000027609LAZARD EUR SHORT DUR SRI IC0.6550.95112.96%4.13%1.74%1.231.261.48%2.79
16FR0010235507LAZARD CREDT OPPORT PC ACC EUR0.6310.92115.53%4.92%4.99%0.580.585.04%0.97
17LU0173786863Nordea 1 - Norwegian Shrt-Term Bd BP EUR0.6170.88026.89%8.24%7.47%0.830.857.56%1.09
18LU0173781559NORDEA NORWEGIAN BOND BP EUR0.5990.79519.06%5.97%7.53%0.530.556.83%0.87
19LU0173796151NORDEA NORWEGIAN BOND E AC NOK0.5830.72316.26%5.14%7.73%0.410.417.41%0.69

📊 Compared evolution (base 100)

❓ Frequently asked questions

How is the fund ranking calculated?

Each fund gets a composite score from 0 to 1 that combines risk-adjusted return (excess CAGR and Sortino), curve stability (R² and inverted volatility) and drawdown control (a non-linear penalty plus the Ulcer Index). Funds are then ordered by that score.

What does the score mean for Europe funds?

A higher score means better relative behavior within the analyzed set: more stable growth and smaller drawdowns for the return achieved. It is a comparison tool, not an investment recommendation.

How often is the data updated?

The ranking is recomputed from daily NAV data each time the site is regenerated. This page was last updated on 01/09/2026.

Is this investment advice?

No. All content is educational and based on historical data. Past performance does not guarantee future results. Consult a licensed advisor before investing.