CBRS.DE vs. WDTE.DE
CBRS.DE (First Trust Nasdaq Cybersecurity UCITS ETF Acc) and WDTE.DE (Invesco S&P World Information Technology ESG UCITS ETF Acc) are both Technology Equities funds - CBRS.DE tracks the Nasdaq CTA Cybersecurity while WDTE.DE tracks the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology. Both are passively managed. Over the past 3 years, CBRS.DE returned 22.06%/yr vs 25.83%/yr for WDTE.DE. A 0.64 correlation means they provide meaningful diversification when combined. CBRS.DE charges 0.60%/yr vs 0.18%/yr for WDTE.DE.
Performance
CBRS.DE vs. WDTE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, CBRS.DE achieves a 25.88% return, which is significantly higher than WDTE.DE's 18.32% return.
CBRS.DE
- 1D
- -2.53%
- 1M
- 29.58%
- YTD
- 25.88%
- 6M
- 21.83%
- 1Y
- 19.50%
- 3Y*
- 22.06%
- 5Y*
- 15.64%
- 10Y*
- —
WDTE.DE
- 1D
- -2.54%
- 1M
- 12.94%
- YTD
- 18.32%
- 6M
- 18.30%
- 1Y
- 36.88%
- 3Y*
- 25.83%
- 5Y*
- —
- 10Y*
- —
CBRS.DE vs. WDTE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CBRS.DE First Trust Nasdaq Cybersecurity UCITS ETF Acc | 25.88% | -3.73% | 25.69% | 26.81% |
WDTE.DE Invesco S&P World Information Technology ESG UCITS ETF Acc | 18.32% | 6.19% | 42.11% | 32.17% |
Correlation
The correlation between CBRS.DE and WDTE.DE is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023 | 0.64 |
The correlation between CBRS.DE and WDTE.DE has been stable across timeframes, ranging from 0.59 to 0.65 - a consistent structural relationship.
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Return for Risk
CBRS.DE vs. WDTE.DE — Risk / Return Rank
CBRS.DE
WDTE.DE
CBRS.DE vs. WDTE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Cybersecurity UCITS ETF Acc (CBRS.DE) and Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.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.
| CBRS.DE | WDTE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.13 | ||
| Sortino ratioReturn per unit of downside risk | -1.30 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.32 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 0.81 | 2.33 | -1.51 |
| Martin ratioReturn relative to average drawdown | 1.89 | 6.14 | -4.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CBRS.DE | WDTE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.75 | 1.88 | -1.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 1.44 | -0.71 |
Drawdowns
CBRS.DE vs. WDTE.DE - Drawdown Comparison
The maximum CBRS.DE drawdown since its inception was -28.84%, roughly equal to the maximum WDTE.DE drawdown of -28.19%. Use the drawdown chart below to compare losses from any high point for CBRS.DE and WDTE.DE.
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Drawdown Indicators
| CBRS.DE | WDTE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.84% | -28.19% | -0.65% |
Max Drawdown (1Y)Largest decline over 1 year | -23.94% | -15.79% | -8.15% |
Max Drawdown (3Y)Largest decline over 3 years | -28.84% | -28.19% | -0.65% |
Max Drawdown (5Y)Largest decline over 5 years | -28.84% | — | — |
Current DrawdownCurrent decline from peak | -3.23% | -3.63% | +0.40% |
Average DrawdownAverage peak-to-trough decline | -10.34% | -4.97% | -5.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.27% | 5.99% | +4.28% |
Volatility
CBRS.DE vs. WDTE.DE - Volatility Comparison
First Trust Nasdaq Cybersecurity UCITS ETF Acc (CBRS.DE) has a higher volatility of 11.76% compared to Invesco S&P World Information Technology ESG UCITS ETF Acc (WDTE.DE) at 8.26%. This indicates that CBRS.DE's price experiences larger fluctuations and is considered to be riskier than WDTE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CBRS.DE | WDTE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.76% | 8.26% | +3.50% |
Volatility (6M)Calculated over the trailing 6-month period | 22.50% | 15.09% | +7.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.84% | 19.51% | +6.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.56% | 21.74% | +1.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.34% | 21.74% | +1.60% |
CBRS.DE vs. WDTE.DE - Expense Ratio Comparison
CBRS.DE has a 0.60% expense ratio, which is higher than WDTE.DE's 0.18% expense ratio.
Dividends
CBRS.DE vs. WDTE.DE - Dividend Comparison
Neither CBRS.DE nor WDTE.DE has paid dividends to shareholders.
Frequently Asked Questions
CBRS.DE and WDTE.DE have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WDTE.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WDTE.DE is cheaper with a 0.18% expense ratio, compared with 0.60% for CBRS.DE.
CBRS.DE tracks Nasdaq CTA Cybersecurity, while WDTE.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Information Technology. They also come from different issuers: First Trust and Invesco. Their fees differ too: 0.60% for CBRS.DE and 0.18% for WDTE.DE.
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