CBUF.DE vs. ZPDH.DE
CBUF.DE (iShares MSCI World Health Care Sector ESG UCITS ETF USD Dist) and ZPDH.DE (SPDR S&P US Health Care Select Sector UCITS ETF) are both Health & Biotech Equities funds - CBUF.DE tracks the MSCI World Health Care ESG Reduced Carbon Select 20 35 Capped while ZPDH.DE tracks the S&P Health Care Select Sector. Both are passively managed. Over the past 5 years, CBUF.DE returned 4.66%/yr vs 6.73%/yr for ZPDH.DE. Their correlation of 0.94 suggests significant overlap in exposure. CBUF.DE charges 0.18%/yr vs 0.15%/yr for ZPDH.DE.
Performance
CBUF.DE vs. ZPDH.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 lower than ZPDH.DE's -1.12% 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*
- —
ZPDH.DE
- 1D
- 2.83%
- 1M
- 5.48%
- YTD
- -1.12%
- 6M
- -0.21%
- 1Y
- 13.04%
- 3Y*
- 3.67%
- 5Y*
- 6.73%
- 10Y*
- 8.92%
CBUF.DE vs. ZPDH.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% |
ZPDH.DE SPDR S&P US Health Care Select Sector UCITS ETF | -1.12% | 1.73% | 8.46% | -1.73% | 3.31% | 37.77% | 1.69% | 11.09% |
Correlation
The correlation between CBUF.DE and ZPDH.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 | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Oct 23, 2019 | 0.94 |
The correlation between CBUF.DE and ZPDH.DE has been stable across timeframes, ranging from 0.91 to 0.94 - a consistent structural relationship.
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Return for Risk
CBUF.DE vs. ZPDH.DE — Risk / Return Rank
CBUF.DE
ZPDH.DE
CBUF.DE vs. ZPDH.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 SPDR S&P US Health Care Select Sector UCITS ETF (ZPDH.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 | ZPDH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.36 | ||
| Sortino ratioReturn per unit of downside risk | -0.54 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.16 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.68 | 1.21 | -0.53 |
| Martin ratioReturn relative to average drawdown | 1.56 | 2.95 | -1.39 |
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 | ZPDH.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.53 | 0.89 | -0.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 0.46 | -0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.56 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.46 | -0.02 |
Drawdowns
CBUF.DE vs. ZPDH.DE - Drawdown Comparison
The maximum CBUF.DE drawdown since its inception was -25.94%, roughly equal to the maximum ZPDH.DE drawdown of -26.61%. Use the drawdown chart below to compare losses from any high point for CBUF.DE and ZPDH.DE.
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Drawdown Indicators
| CBUF.DE | ZPDH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.94% | -26.61% | +0.67% |
Max Drawdown (1Y)Largest decline over 1 year | -10.87% | -10.77% | -0.10% |
Max Drawdown (3Y)Largest decline over 3 years | -21.76% | -22.64% | +0.88% |
Max Drawdown (5Y)Largest decline over 5 years | -21.76% | -22.64% | +0.88% |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.61% | — |
Current DrawdownCurrent decline from peak | -9.66% | -7.28% | -2.38% |
Average DrawdownAverage peak-to-trough decline | -5.65% | -5.80% | +0.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.74% | 4.41% | +0.33% |
Volatility
CBUF.DE vs. ZPDH.DE - Volatility Comparison
iShares MSCI World Health Care Sector ESG UCITS ETF USD Dist (CBUF.DE) and SPDR S&P US Health Care Select Sector UCITS ETF (ZPDH.DE) have volatilities of 4.98% and 5.13%, 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 | ZPDH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.98% | 5.13% | -0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 9.70% | 10.16% | -0.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.98% | 14.63% | -0.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.60% | 14.47% | -0.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.36% | 15.77% | -0.41% |
CBUF.DE vs. ZPDH.DE - Expense Ratio Comparison
CBUF.DE has a 0.18% expense ratio, which is higher than ZPDH.DE's 0.15% 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
CBUF.DE vs. ZPDH.DE - Dividend Comparison
CBUF.DE's dividend yield for the trailing twelve months is around 1.08%, while ZPDH.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% |
ZPDH.DE SPDR S&P US Health Care Select Sector UCITS ETF | 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 ZPDH.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.
On fees, ZPDH.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ZPDH.DE is cheaper with a 0.15% expense ratio, compared with 0.18% for CBUF.DE.
CBUF.DE tracks MSCI World Health Care ESG Reduced Carbon Select 20 35 Capped, while ZPDH.DE tracks S&P Health Care Select Sector. They also come from different issuers: iShares and State Street. Their fees differ too: 0.18% for CBUF.DE and 0.15% for ZPDH.DE.
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