CBU0.DE vs. IUSQ.DE
CBU0.DE (iShares Core GBP Corporate Bond UCITS ETF (EUR Hedged) Acc) and IUSQ.DE (iShares MSCI ACWI UCITS ETF (Acc)) are both exchange-traded funds - CBU0.DE is a Corporate Bonds fund tracking the iBoxx® GBP Liquid Corporates Large Cap (EUR Hedged), while IUSQ.DE is a Global Equities fund tracking the MSCI All Country World (ACWI). Both are passively managed. Over the past 3 years, CBU0.DE returned 3.94%/yr vs 17.93%/yr for IUSQ.DE. At a 0.21 correlation, their price movements are largely independent. CBU0.DE charges 0.25%/yr vs 0.20%/yr for IUSQ.DE.
Performance
CBU0.DE vs. IUSQ.DE - Performance Comparison
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Returns By Period
In the year-to-date period, CBU0.DE achieves a -0.89% return, which is significantly lower than IUSQ.DE's 12.65% return.
CBU0.DE
- 1D
- 0.17%
- 1M
- 1.62%
- YTD
- -0.89%
- 6M
- -0.90%
- 1Y
- 2.46%
- 3Y*
- 3.94%
- 5Y*
- —
- 10Y*
- —
IUSQ.DE
- 1D
- -0.23%
- 1M
- 5.01%
- YTD
- 12.65%
- 6M
- 13.33%
- 1Y
- 26.56%
- 3Y*
- 17.93%
- 5Y*
- 12.42%
- 10Y*
- 12.38%
CBU0.DE vs. IUSQ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CBU0.DE iShares Core GBP Corporate Bond UCITS ETF (EUR Hedged) Acc | -0.89% | 4.58% | -0.25% | 5.06% |
IUSQ.DE iShares MSCI ACWI UCITS ETF (Acc) | 12.65% | 9.02% | 24.53% | 15.83% |
Correlation
The correlation between CBU0.DE and IUSQ.DE is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2023 | 0.21 |
The correlation between CBU0.DE and IUSQ.DE shifts across timeframes, from 0.21 (all time) to 0.32 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
CBU0.DE vs. IUSQ.DE — Risk / Return Rank
CBU0.DE
IUSQ.DE
CBU0.DE vs. IUSQ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core GBP Corporate Bond UCITS ETF (EUR Hedged) Acc (CBU0.DE) and iShares MSCI ACWI UCITS ETF (Acc) (IUSQ.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.
| CBU0.DE | IUSQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.82 | ||
| Sortino ratioReturn per unit of downside risk | -2.49 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.43 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 0.58 | 4.08 | -3.50 |
| Martin ratioReturn relative to average drawdown | 1.62 | 16.69 | -15.08 |
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
| CBU0.DE | IUSQ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.48 | 2.31 | -1.82 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.88 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.82 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.76 | -0.31 |
Drawdowns
CBU0.DE vs. IUSQ.DE - Drawdown Comparison
The maximum CBU0.DE drawdown since its inception was -6.02%, smaller than the maximum IUSQ.DE drawdown of -33.60%. Use the drawdown chart below to compare losses from any high point for CBU0.DE and IUSQ.DE.
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Drawdown Indicators
| CBU0.DE | IUSQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.02% | -33.60% | +27.58% |
Max Drawdown (1Y)Largest decline over 1 year | -4.20% | -6.48% | +2.28% |
Max Drawdown (3Y)Largest decline over 3 years | -4.20% | -21.25% | +17.05% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.25% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.60% | — |
Current DrawdownCurrent decline from peak | -2.03% | -0.55% | -1.48% |
Average DrawdownAverage peak-to-trough decline | -1.65% | -4.19% | +2.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.52% | 1.59% | -0.07% |
Volatility
CBU0.DE vs. IUSQ.DE - Volatility Comparison
The current volatility for iShares Core GBP Corporate Bond UCITS ETF (EUR Hedged) Acc (CBU0.DE) is 2.00%, while iShares MSCI ACWI UCITS ETF (Acc) (IUSQ.DE) has a volatility of 3.03%. This indicates that CBU0.DE experiences smaller price fluctuations and is considered to be less risky than IUSQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CBU0.DE | IUSQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.00% | 3.03% | -1.03% |
Volatility (6M)Calculated over the trailing 6-month period | 4.39% | 8.26% | -3.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.11% | 11.47% | -6.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.81% | 13.94% | -8.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.81% | 15.02% | -9.21% |
CBU0.DE vs. IUSQ.DE - Expense Ratio Comparison
CBU0.DE has a 0.25% expense ratio, which is higher than IUSQ.DE'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%.
Dividends
CBU0.DE vs. IUSQ.DE - Dividend Comparison
Neither CBU0.DE nor IUSQ.DE has paid dividends to shareholders.
Frequently Asked Questions
CBU0.DE and IUSQ.DE have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IUSQ.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IUSQ.DE is cheaper with a 0.20% expense ratio, compared with 0.25% for CBU0.DE.
CBU0.DE is categorized as Corporate Bonds, while IUSQ.DE is Global Equities. CBU0.DE tracks iBoxx® GBP Liquid Corporates Large Cap (EUR Hedged), while IUSQ.DE tracks MSCI All Country World (ACWI). Their fees differ too: 0.25% for CBU0.DE and 0.20% for IUSQ.DE.
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