CBUF.DE vs. W311.DE
CBUF.DE (iShares MSCI World Health Care Sector ESG UCITS ETF USD Dist) and W311.DE (HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF) are both Health & Biotech Equities funds - CBUF.DE tracks the MSCI World Health Care ESG Reduced Carbon Select 20 35 Capped while W311.DE tracks the Indxx Global NextGen Healthcare. Both are passively managed. Over the past 5 years, CBUF.DE returned 4.66%/yr vs -5.98%/yr for W311.DE. A 0.68 correlation means they provide meaningful diversification when combined. CBUF.DE charges 0.18%/yr vs 0.59%/yr for W311.DE.
Performance
CBUF.DE vs. W311.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CBUF.DE achieves a -2.22% return, which is significantly higher than W311.DE's -3.63% return.
CBUF.DE
- 1D
- 2.74%
- 1M
- 3.91%
- YTD
- -2.22%
- 6M
- -1.50%
- 1Y
- 7.40%
- 3Y*
- 0.62%
- 5Y*
- 4.66%
- 10Y*
- —
W311.DE
- 1D
- 3.38%
- 1M
- 1.65%
- YTD
- -3.63%
- 6M
- -6.55%
- 1Y
- 11.17%
- 3Y*
- -2.49%
- 5Y*
- -5.98%
- 10Y*
- —
CBUF.DE vs. W311.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
CBUF.DE iShares MSCI World Health Care Sector ESG UCITS ETF USD Dist | -2.22% | 2.56% | 0.75% | 0.33% | 2.09% | 30.42% | 2.79% | 11.42% |
W311.DE HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF | -3.63% | 7.18% | -4.84% | -0.30% | -25.93% | 1.52% | 14.63% | 12.73% |
Correlation
The correlation between CBUF.DE and W311.DE is 0.69, 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 | 0.69 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since Oct 23, 2019 | 0.68 |
The correlation between CBUF.DE and W311.DE has been stable across timeframes, ranging from 0.62 to 0.69 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CBUF.DE vs. W311.DE — Risk / Return Rank
CBUF.DE
W311.DE
CBUF.DE vs. W311.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Health Care Sector ESG UCITS ETF USD Dist (CBUF.DE) and HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (W311.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.
| CBUF.DE | W311.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.11 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.68 | 0.69 | -0.01 |
| Martin ratioReturn relative to average drawdown | 1.56 | 1.61 | -0.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CBUF.DE | W311.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.53 | 0.59 | -0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | -0.26 | +0.60 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | -0.02 | +0.46 |
Drawdowns
CBUF.DE vs. W311.DE - Drawdown Comparison
The maximum CBUF.DE drawdown since its inception was -25.94%, smaller than the maximum W311.DE drawdown of -48.92%. Use the drawdown chart below to compare losses from any high point for CBUF.DE and W311.DE.
Loading charts...
Drawdown Indicators
| CBUF.DE | W311.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.94% | -48.92% | +22.98% |
Max Drawdown (1Y)Largest decline over 1 year | -10.87% | -16.09% | +5.22% |
Max Drawdown (3Y)Largest decline over 3 years | -21.76% | -28.36% | +6.60% |
Max Drawdown (5Y)Largest decline over 5 years | -21.76% | -48.92% | +27.16% |
Current DrawdownCurrent decline from peak | -9.66% | -35.40% | +25.74% |
Average DrawdownAverage peak-to-trough decline | -5.65% | -23.20% | +17.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.74% | 6.93% | -2.19% |
Volatility
CBUF.DE vs. W311.DE - Volatility Comparison
The current volatility for iShares MSCI World Health Care Sector ESG UCITS ETF USD Dist (CBUF.DE) is 4.98%, while HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF (W311.DE) has a volatility of 6.31%. This indicates that CBUF.DE experiences smaller price fluctuations and is considered to be less risky than W311.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CBUF.DE | W311.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.98% | 6.31% | -1.33% |
Volatility (6M)Calculated over the trailing 6-month period | 9.70% | 13.92% | -4.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.98% | 18.96% | -4.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.60% | 22.38% | -8.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.36% | 22.73% | -7.37% |
CBUF.DE vs. W311.DE - Expense Ratio Comparison
CBUF.DE has a 0.18% expense ratio, which is lower than W311.DE's 0.59% expense ratio.
Dividends
CBUF.DE vs. W311.DE - Dividend Comparison
CBUF.DE's dividend yield for the trailing twelve months is around 1.08%, while W311.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
CBUF.DE iShares MSCI World Health Care Sector ESG UCITS ETF USD Dist | 1.08% | 1.06% | 1.02% | 1.16% | 1.09% | 1.05% | 1.27% | 0.10% |
W311.DE HANetf HAN-GINS Indxx Healthcare Megatrend Equal Weight UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CBUF.DE and W311.DE have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CBUF.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CBUF.DE is cheaper with a 0.18% expense ratio, compared with 0.59% for W311.DE.
CBUF.DE tracks MSCI World Health Care ESG Reduced Carbon Select 20 35 Capped, while W311.DE tracks Indxx Global NextGen Healthcare. They also come from different issuers: iShares and HANetf. Their fees differ too: 0.18% for CBUF.DE and 0.59% for W311.DE.
Find the right allocation for CBUF.DE and W311.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer