CB5.L vs. X7PP.L
Compare and contrast key facts about Amundi ETF MSCI Europe Banks UCITS ETF (CB5.L) and Invesco European Banks Sector UCITS ETF (X7PP.L).
CB5.L and X7PP.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CB5.L is a passively managed fund by Amundi that tracks the performance of the MSCI World/Financials NR USD. It was launched on Dec 4, 2008. X7PP.L is a passively managed fund by Invesco that tracks the performance of the MSCI World/Financials NR USD. It was launched on Jul 7, 2009. Both CB5.L and X7PP.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CB5.L or X7PP.L.
Key characteristics
| CB5.L | X7PP.L | |
|---|---|---|
| YTD Return | -70.12% | 22.64% |
| 1Y Return | -68.29% | 30.06% |
| 3Y Return (Ann) | -27.51% | 15.15% |
| 5Y Return (Ann) | -16.64% | 11.82% |
| 10Y Return (Ann) | -8.82% | 4.94% |
| Sharpe Ratio | -0.89 | 1.73 |
| Sortino Ratio | -0.65 | 2.28 |
| Omega Ratio | 0.69 | 1.31 |
| Calmar Ratio | -0.88 | 2.92 |
| Martin Ratio | -1.33 | 9.38 |
| Ulcer Index | 51.47% | 3.06% |
| Daily Std Dev | 77.10% | 16.59% |
| Max Drawdown | -77.77% | -56.28% |
| Current Drawdown | -75.79% | -3.96% |
Correlation
The correlation between CB5.L and X7PP.L is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
CB5.L vs. X7PP.L - Performance Comparison
In the year-to-date period, CB5.L achieves a -70.12% return, which is significantly lower than X7PP.L's 22.64% return. Over the past 10 years, CB5.L has underperformed X7PP.L with an annualized return of -8.82%, while X7PP.L has yielded a comparatively higher 4.94% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CB5.L vs. X7PP.L - Expense Ratio Comparison
CB5.L has a 0.25% expense ratio, which is higher than X7PP.L's 0.20% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
CB5.L vs. X7PP.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi ETF MSCI Europe Banks UCITS ETF (CB5.L) and Invesco European Banks Sector UCITS ETF (X7PP.L). 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.
Dividends
CB5.L vs. X7PP.L - Dividend Comparison
Neither CB5.L nor X7PP.L has paid dividends to shareholders.
Drawdowns
CB5.L vs. X7PP.L - Drawdown Comparison
The maximum CB5.L drawdown since its inception was -77.77%, which is greater than X7PP.L's maximum drawdown of -56.28%. Use the drawdown chart below to compare losses from any high point for CB5.L and X7PP.L. For additional features, visit the drawdowns tool.
Volatility
CB5.L vs. X7PP.L - Volatility Comparison
Amundi ETF MSCI Europe Banks UCITS ETF (CB5.L) and Invesco European Banks Sector UCITS ETF (X7PP.L) have volatilities of 5.83% and 5.97%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.