CBUF.DE vs. WH2E.DE
CBUF.DE (iShares MSCI World Health Care Sector ESG UCITS ETF USD Dist) and WH2E.DE (Invesco S&P World Health Care ESG UCITS ETF Acc) are both Health & Biotech Equities funds - CBUF.DE tracks the MSCI World Health Care ESG Reduced Carbon Select 20 35 Capped while WH2E.DE tracks the S&P Developed Ex-Korea LargeMidCap ESG Enhanced Health Care. Both are passively managed. Over the past 3 years, CBUF.DE returned 0.62%/yr vs 3.13%/yr for WH2E.DE. Their correlation of 0.93 suggests significant overlap in exposure. Both charge a 0.18% expense ratio.
Performance
CBUF.DE vs. WH2E.DE - Performance Comparison
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Returns By Period
In the year-to-date period, CBUF.DE achieves a -2.22% return, which is significantly higher than WH2E.DE's -3.24% 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*
- —
WH2E.DE
- 1D
- 2.76%
- 1M
- 4.70%
- YTD
- -3.24%
- 6M
- -2.41%
- 1Y
- 10.18%
- 3Y*
- 3.13%
- 5Y*
- —
- 10Y*
- —
CBUF.DE vs. WH2E.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CBUF.DE iShares MSCI World Health Care Sector ESG UCITS ETF USD Dist | -2.22% | 2.56% | 0.75% | 0.57% |
WH2E.DE Invesco S&P World Health Care ESG UCITS ETF Acc | -3.24% | 2.78% | 7.94% | 1.68% |
Correlation
The correlation between CBUF.DE and WH2E.DE is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.94 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Apr 18, 2023 | 0.93 |
The correlation between CBUF.DE and WH2E.DE has been stable across timeframes, ranging from 0.93 to 0.94 - a consistent structural relationship.
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Return for Risk
CBUF.DE vs. WH2E.DE — Risk / Return Rank
CBUF.DE
WH2E.DE
CBUF.DE vs. WH2E.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 Invesco S&P World Health Care ESG UCITS ETF Acc (WH2E.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 | WH2E.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.13 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.68 | 0.83 | -0.15 |
| Martin ratioReturn relative to average drawdown | 1.56 | 2.15 | -0.59 |
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
| CBUF.DE | WH2E.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.53 | 0.68 | -0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.20 | +0.24 |
Drawdowns
CBUF.DE vs. WH2E.DE - Drawdown Comparison
The maximum CBUF.DE drawdown since its inception was -25.94%, which is greater than WH2E.DE's maximum drawdown of -22.19%. Use the drawdown chart below to compare losses from any high point for CBUF.DE and WH2E.DE.
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Drawdown Indicators
| CBUF.DE | WH2E.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.94% | -22.19% | -3.75% |
Max Drawdown (1Y)Largest decline over 1 year | -10.87% | -12.23% | +1.36% |
Max Drawdown (3Y)Largest decline over 3 years | -21.76% | -22.19% | +0.43% |
Max Drawdown (5Y)Largest decline over 5 years | -21.76% | — | — |
Current DrawdownCurrent decline from peak | -9.66% | -10.45% | +0.79% |
Average DrawdownAverage peak-to-trough decline | -5.65% | -6.94% | +1.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.74% | 4.73% | +0.01% |
Volatility
CBUF.DE vs. WH2E.DE - Volatility Comparison
iShares MSCI World Health Care Sector ESG UCITS ETF USD Dist (CBUF.DE) and Invesco S&P World Health Care ESG UCITS ETF Acc (WH2E.DE) have volatilities of 4.98% and 5.21%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CBUF.DE | WH2E.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.98% | 5.21% | -0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 9.70% | 10.46% | -0.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.98% | 14.86% | -0.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.60% | 13.91% | -0.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.36% | 13.91% | +1.45% |
CBUF.DE vs. WH2E.DE - Expense Ratio Comparison
Both CBUF.DE and WH2E.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%.
Dividends
CBUF.DE vs. WH2E.DE - Dividend Comparison
CBUF.DE's dividend yield for the trailing twelve months is around 1.08%, while WH2E.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% |
WH2E.DE Invesco S&P World Health Care ESG UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.94, CBUF.DE and WH2E.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Both ETFs have the same 0.18% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
CBUF.DE and WH2E.DE have the same expense ratio: 0.18% per year.
CBUF.DE tracks MSCI World Health Care ESG Reduced Carbon Select 20 35 Capped, while WH2E.DE tracks S&P Developed Ex-Korea LargeMidCap ESG Enhanced Health Care. They also come from different issuers: iShares and Invesco.
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