CBU0.DE vs. JRUE.DE
CBU0.DE (iShares Core GBP Corporate Bond UCITS ETF (EUR Hedged) Acc) and JRUE.DE (JPM USD IG Corporate Bond Active UCITS ETF EUR Hedged Acc) are both Corporate Bonds funds. CBU0.DE is passively managed, while JRUE.DE is actively managed. Over the past 3 years, CBU0.DE returned 4.05%/yr vs 2.98%/yr for JRUE.DE. A 0.68 correlation means they provide meaningful diversification when combined. CBU0.DE charges 0.25%/yr vs 0.04%/yr for JRUE.DE.
Performance
CBU0.DE vs. JRUE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, CBU0.DE achieves a -1.09% return, which is significantly lower than JRUE.DE's -0.85% return.
CBU0.DE
- 1D
- -0.37%
- 1M
- -0.73%
- 6M
- -2.16%
- YTD
- -1.09%
- 1Y
- 1.69%
- 3Y*
- 4.05%
- 5Y*
- —
- 10Y*
- —
JRUE.DE
- 1D
- 0.17%
- 1M
- -0.76%
- 6M
- -0.95%
- YTD
- -0.85%
- 1Y
- 3.03%
- 3Y*
- 2.98%
- 5Y*
- —
- 10Y*
- —
CBU0.DE vs. JRUE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CBU0.DE iShares Core GBP Corporate Bond UCITS ETF (EUR Hedged) Acc | -1.09% | 4.57% | -0.38% | 4.77% |
JRUE.DE JPM USD IG Corporate Bond Active UCITS ETF EUR Hedged Acc | -0.85% | 5.79% | 0.31% | 3.30% |
Correlation
The correlation between CBU0.DE and JRUE.DE is 0.61, 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 | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Mar 24, 2023 | 0.68 |
The correlation between CBU0.DE and JRUE.DE has been stable across timeframes, ranging from 0.61 to 0.69 - a consistent structural relationship.
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Return for Risk
CBU0.DE vs. JRUE.DE — Risk / Return Rank
CBU0.DE
JRUE.DE
CBU0.DE vs. JRUE.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 JPM USD IG Corporate Bond Active UCITS ETF EUR Hedged Acc (JRUE.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CBU0.DE | JRUE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.39 | ||
| Sortino ratioReturn per unit of downside risk | -0.56 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.12 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.39 | 1.00 | -0.61 |
| Martin ratioReturn relative to average drawdown | 1.03 | 2.54 | -1.51 |
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Drawdowns
CBU0.DE vs. JRUE.DE - Drawdown Comparison
The maximum CBU0.DE drawdown since its inception was -6.16%, smaller than the maximum JRUE.DE drawdown of -23.48%. Use the drawdown chart below to compare losses from any high point for CBU0.DE and JRUE.DE.
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Drawdown Indicators
| CBU0.DE | JRUE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.16% | -23.48% | +17.32% |
Max Drawdown (1Y)Largest decline over 1 year | -4.32% | -3.14% | -1.18% |
Max Drawdown (3Y)Largest decline over 3 years | -4.32% | -6.65% | +2.33% |
Current DrawdownCurrent decline from peak | -2.34% | -9.83% | +7.49% |
Average DrawdownAverage peak-to-trough decline | -1.67% | -13.52% | +11.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.63% | 1.24% | +0.39% |
Volatility
CBU0.DE vs. JRUE.DE - Volatility Comparison
iShares Core GBP Corporate Bond UCITS ETF (EUR Hedged) Acc (CBU0.DE) has a higher volatility of 1.52% compared to JPM USD IG Corporate Bond Active UCITS ETF EUR Hedged Acc (JRUE.DE) at 1.11%. This indicates that CBU0.DE's price experiences larger fluctuations and is considered to be riskier than JRUE.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 | JRUE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.52% | 1.11% | +0.41% |
Volatility (6M)Calculated over the trailing 6-month period | 4.71% | 3.31% | +1.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.36% | 4.46% | +0.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.90% | 7.80% | -1.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.90% | 7.80% | -1.90% |
CBU0.DE vs. JRUE.DE - Expense Ratio Comparison
CBU0.DE has a 0.25% expense ratio, which is higher than JRUE.DE's 0.04% 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. JRUE.DE - Dividend Comparison
Neither CBU0.DE nor JRUE.DE has paid dividends to shareholders.
Frequently Asked Questions
CBU0.DE and JRUE.DE have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JRUE.DE is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JRUE.DE is cheaper with a 0.04% expense ratio, compared with 0.25% for CBU0.DE.
They also come from different issuers: iShares and JPMorgan. Their fees differ too: 0.25% for CBU0.DE and 0.04% for JRUE.DE.
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