CBUC.DE vs. SXR8.DE
CBUC.DE (iShares MSCI USA CTB Enhanced ESG UCITS ETF EUR Hedged (Acc)) and SXR8.DE (iShares Core S&P 500 UCITS ETF USD (Acc)) are both exchange-traded funds - CBUC.DE is a Large Cap Blend Equities fund tracking the MSCI USA ESG Enhanced Focus CTB Index (EUR Hedged), while SXR8.DE is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 5 years, CBUC.DE returned 8.29%/yr vs 13.70%/yr for SXR8.DE. Their correlation of 0.81 suggests significant overlap in exposure.
Performance
CBUC.DE vs. SXR8.DE - Performance Comparison
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Returns By Period
In the year-to-date period, CBUC.DE achieves a 6.79% return, which is significantly lower than SXR8.DE's 12.22% return.
CBUC.DE
- 1D
- -0.26%
- 1M
- -1.31%
- 6M
- 7.70%
- YTD
- 6.79%
- 1Y
- 15.98%
- 3Y*
- 16.38%
- 5Y*
- 8.29%
- 10Y*
- —
SXR8.DE
- 1D
- 0.22%
- 1M
- 0.62%
- 6M
- 12.76%
- YTD
- 12.22%
- 1Y
- 24.06%
- 3Y*
- 18.35%
- 5Y*
- 13.70%
- 10Y*
- 14.87%
CBUC.DE vs. SXR8.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CBUC.DE iShares MSCI USA CTB Enhanced ESG UCITS ETF EUR Hedged (Acc) | 6.79% | 13.30% | 21.88% | 22.78% | -24.86% | 10.56% |
SXR8.DE iShares Core S&P 500 UCITS ETF USD (Acc) | 12.22% | 4.73% | 32.32% | 22.47% | -14.31% | 18.96% |
Correlation
The correlation between CBUC.DE and SXR8.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 | 0.73 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Jun 28, 2021 | 0.81 |
The correlation between CBUC.DE and SXR8.DE shifts across timeframes, from 0.61 (1 year) to 0.81 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
CBUC.DE vs. SXR8.DE — Risk / Return Rank
CBUC.DE
SXR8.DE
CBUC.DE vs. SXR8.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA CTB Enhanced ESG UCITS ETF EUR Hedged (Acc) (CBUC.DE) and iShares Core S&P 500 UCITS ETF USD (Acc) (SXR8.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.
| CBUC.DE | SXR8.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.85 | ||
| Sortino ratioReturn per unit of downside risk | -1.09 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.37 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.60 | 3.45 | -1.86 |
| Martin ratioReturn relative to average drawdown | 6.23 | 12.24 | -6.01 |
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Drawdowns
CBUC.DE vs. SXR8.DE - Drawdown Comparison
The maximum CBUC.DE drawdown since its inception was -29.01%, smaller than the maximum SXR8.DE drawdown of -33.78%. Use the drawdown chart below to compare losses from any high point for CBUC.DE and SXR8.DE.
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Drawdown Indicators
| CBUC.DE | SXR8.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.01% | -33.78% | +4.77% |
Max Drawdown (1Y)Largest decline over 1 year | -9.97% | -6.94% | -3.03% |
Max Drawdown (3Y)Largest decline over 3 years | -19.41% | -23.32% | +3.91% |
Max Drawdown (5Y)Largest decline over 5 years | -29.01% | -23.32% | -5.69% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.78% | — |
Current DrawdownCurrent decline from peak | -1.31% | -0.61% | -0.70% |
Average DrawdownAverage peak-to-trough decline | -8.38% | -5.20% | -3.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.56% | 1.96% | +0.60% |
Volatility
CBUC.DE vs. SXR8.DE - Volatility Comparison
iShares MSCI USA CTB Enhanced ESG UCITS ETF EUR Hedged (Acc) (CBUC.DE) has a higher volatility of 4.78% compared to iShares Core S&P 500 UCITS ETF USD (Acc) (SXR8.DE) at 3.63%. This indicates that CBUC.DE's price experiences larger fluctuations and is considered to be riskier than SXR8.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CBUC.DE | SXR8.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.78% | 3.63% | +1.15% |
Volatility (6M)Calculated over the trailing 6-month period | 10.85% | 7.98% | +2.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.55% | 11.90% | +1.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.93% | 15.20% | +1.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.90% | 16.07% | +0.83% |
Dividends
CBUC.DE vs. SXR8.DE - Dividend Comparison
Neither CBUC.DE nor SXR8.DE has paid dividends to shareholders.
Frequently Asked Questions
CBUC.DE and SXR8.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.
CBUC.DE is categorized as Large Cap Blend Equities, while SXR8.DE is S&P 500. CBUC.DE tracks MSCI USA ESG Enhanced Focus CTB Index (EUR Hedged), while SXR8.DE tracks S&P 500 Index.
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