CBUF.DE vs. WELG.DE
Compare and contrast key facts about iShares MSCI World Health Care Sector ESG UCITS ETF USD Dist (CBUF.DE) and Amundi S&P Global Health Care ESG UCITS ETF EUR Dist (WELG.DE).
CBUF.DE and WELG.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CBUF.DE is a passively managed fund by iShares that tracks the performance of the MSCI World Health Care ESG Reduced Carbon Select 20 35 Capped. It was launched on Oct 17, 2019. WELG.DE is a passively managed fund by Amundi that tracks the performance of the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Health Care. It was launched on Sep 20, 2022. Both CBUF.DE and WELG.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CBUF.DE or WELG.DE.
Key characteristics
| CBUF.DE | WELG.DE | |
|---|---|---|
| YTD Return | 7.29% | 13.09% |
| 1Y Return | 12.72% | 17.44% |
| Sharpe Ratio | 1.28 | 1.79 |
| Sortino Ratio | 1.84 | 2.49 |
| Omega Ratio | 1.23 | 1.32 |
| Calmar Ratio | 1.61 | 2.53 |
| Martin Ratio | 4.96 | 7.98 |
| Ulcer Index | 2.71% | 2.30% |
| Daily Std Dev | 10.47% | 10.21% |
| Max Drawdown | -25.94% | -10.04% |
| Current Drawdown | -4.11% | -5.27% |
Correlation
The correlation between CBUF.DE and WELG.DE is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
CBUF.DE vs. WELG.DE - Performance Comparison
In the year-to-date period, CBUF.DE achieves a 7.29% return, which is significantly lower than WELG.DE's 13.09% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CBUF.DE vs. WELG.DE - Expense Ratio Comparison
Both CBUF.DE and WELG.DE have an expense ratio of 0.18%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
CBUF.DE vs. WELG.DE - Risk-Adjusted Performance 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 Amundi S&P Global Health Care ESG UCITS ETF EUR Dist (WELG.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.
Dividends
CBUF.DE vs. WELG.DE - Dividend Comparison
CBUF.DE's dividend yield for the trailing twelve months is around 0.97%, more than WELG.DE's 0.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
CBUF.DE iShares MSCI World Health Care Sector ESG UCITS ETF USD Dist | 0.97% | 1.16% | 1.09% | 1.05% | 1.27% | 0.10% |
WELG.DE Amundi S&P Global Health Care ESG UCITS ETF EUR Dist | 0.87% | 0.17% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CBUF.DE vs. WELG.DE - Drawdown Comparison
The maximum CBUF.DE drawdown since its inception was -25.94%, which is greater than WELG.DE's maximum drawdown of -10.04%. Use the drawdown chart below to compare losses from any high point for CBUF.DE and WELG.DE. For additional features, visit the drawdowns tool.
Volatility
CBUF.DE vs. WELG.DE - Volatility Comparison
iShares MSCI World Health Care Sector ESG UCITS ETF USD Dist (CBUF.DE) has a higher volatility of 3.29% compared to Amundi S&P Global Health Care ESG UCITS ETF EUR Dist (WELG.DE) at 2.30%. This indicates that CBUF.DE's price experiences larger fluctuations and is considered to be riskier than WELG.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.