CBUG.DE vs. 2B7J.DE

Last updated Jun 5, 2026

CBUG.DE (iShares USD Treasury Bond 3-7yr UCITS ETF GBP hedged (Dist)) and 2B7J.DE (iShares MSCI World SRI UCITS ETF USD (Dist)) are both Global Equities funds from iShares - CBUG.DE tracks the MSCI ACWI SMID NR USD while 2B7J.DE tracks the MSCI World SRI Select Reduced Fossil Fuels. Both are passively managed. Over the past 3 years, CBUG.DE returned 13.75%/yr vs 12.93%/yr for 2B7J.DE. Their correlation of 0.86 suggests significant overlap in exposure. CBUG.DE charges 0.10%/yr vs 0.20%/yr for 2B7J.DE.

Performance

CBUG.DE vs. 2B7J.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares USD Treasury Bond 3-7yr UCITS ETF GBP hedged (Dist) (CBUG.DE) and iShares MSCI World SRI UCITS ETF USD (Dist) (2B7J.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CBUG.DE achieves a 14.43% return, which is significantly higher than 2B7J.DE's 10.88% return.

CBUG.DE

• 1D: 0.52%
• 1M: 2.87%
• YTD: 14.43%
• 6M: 15.29%
• 1Y: 28.47%
• 3Y*: 13.75%
• 5Y*: —
• 10Y*: —

2B7J.DE

• 1D: 0.20%
• 1M: 3.93%
• YTD: 10.88%
• 6M: 11.24%
• 1Y: 18.69%
• 3Y*: 12.93%
• 5Y*: 10.51%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CBUG.DE vs. 2B7J.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
CBUG.DE iShares USD Treasury Bond 3-7yr UCITS ETF GBP hedged (Dist)	14.43%	6.47%	13.17%	11.34%	-14.17%	2.96%
2B7J.DE iShares MSCI World SRI UCITS ETF USD (Dist)	10.88%	2.89%	17.47%	20.94%	-16.87%	3.82%

Correlation

The correlation between CBUG.DE and 2B7J.DE is 0.83, 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	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (All Time) Calculated using the full available price history since Dec 15, 2021	0.86

The correlation between CBUG.DE and 2B7J.DE has been stable across timeframes, ranging from 0.82 to 0.86 - a consistent structural relationship.

Return for Risk

CBUG.DE vs. 2B7J.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CBUG.DE

CBUG.DE Risk / Return Rank: 68
CBUG.DE Sharpe Ratio Rank: 61
CBUG.DE Sortino Ratio Rank: 63
CBUG.DE Omega Ratio Rank: 61
CBUG.DE Calmar Ratio Rank: 78
CBUG.DE Martin Ratio Rank: 77

2B7J.DE

2B7J.DE Risk / Return Rank: 46
2B7J.DE Sharpe Ratio Rank: 43
2B7J.DE Sortino Ratio Rank: 44
2B7J.DE Omega Ratio Rank: 43
2B7J.DE Calmar Ratio Rank: 48
2B7J.DE Martin Ratio Rank: 52

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CBUG.DE vs. 2B7J.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares USD Treasury Bond 3-7yr UCITS ETF GBP hedged (Dist) (CBUG.DE) and iShares MSCI World SRI UCITS ETF USD (Dist) (2B7J.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.

	CBUG.DE	2B7J.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.04	1.49	+0.55
Sortino ratio: Return per unit of downside risk	2.90	2.16	+0.74
Omega ratio: Gain probability vs. loss probability	1.37	1.27	+0.09
Calmar ratio: Return relative to maximum drawdown	3.94	2.37	+1.56
Martin ratio: Return relative to average drawdown	14.66	8.71	+5.95
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CBUG.DE vs. 2B7J.DE - Sharpe Ratio Comparison

The current CBUG.DE Sharpe Ratio is 2.04, which is higher than the 2B7J.DE Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of CBUG.DE and 2B7J.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CBUG.DE	2B7J.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.04	1.49	+0.55
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.71	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.79	-0.37

Drawdowns

CBUG.DE vs. 2B7J.DE - Drawdown Comparison

The maximum CBUG.DE drawdown since its inception was -24.59%, smaller than the maximum 2B7J.DE drawdown of -32.11%. Use the drawdown chart below to compare losses from any high point for CBUG.DE and 2B7J.DE.

Drawdown Indicators

	CBUG.DE	2B7J.DE	Difference
Max Drawdown Largest peak-to-trough decline	-24.59%	-32.11%	+7.52%
Max Drawdown (1Y) Largest decline over 1 year	-7.21%	-7.80%	+0.59%
Max Drawdown (3Y) Largest decline over 3 years	-24.59%	-21.26%	-3.33%
Max Drawdown (5Y) Largest decline over 5 years	—	-21.26%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-7.48%	-5.16%	-2.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.94%	2.13%	-0.19%

Volatility

CBUG.DE vs. 2B7J.DE - Volatility Comparison

iShares USD Treasury Bond 3-7yr UCITS ETF GBP hedged (Dist) (CBUG.DE) and iShares MSCI World SRI UCITS ETF USD (Dist) (2B7J.DE) have volatilities of 3.41% and 3.54%, 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.

Volatility by Period

	CBUG.DE	2B7J.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.41%	3.54%	-0.13%
Volatility (6M) Calculated over the trailing 6-month period	9.78%	9.14%	+0.64%
Volatility (1Y) Calculated over the trailing 1-year period	13.90%	12.42%	+1.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.71%	14.60%	+2.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.71%	16.29%	+0.42%

CBUG.DE vs. 2B7J.DE - Expense Ratio Comparison

CBUG.DE has a 0.10% expense ratio, which is lower than 2B7J.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

CBUG.DE vs. 2B7J.DE - Dividend Comparison

CBUG.DE has not paid dividends to shareholders, while 2B7J.DE's dividend yield for the trailing twelve months is around 1.13%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
2B7J.DE iShares MSCI World SRI UCITS ETF USD (Dist)	1.13%	1.23%	1.37%	1.55%	1.74%	1.15%	1.28%	1.68%
CBUG.DE iShares USD Treasury Bond 3-7yr UCITS ETF GBP hedged (Dist)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CBUG.DE and 2B7J.DE in my portfolio?

CBUG.DE and 2B7J.DE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CBUG.DE or 2B7J.DE?

On fees, CBUG.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CBUG.DE or 2B7J.DE?

CBUG.DE is cheaper with a 0.10% expense ratio, compared with 0.20% for 2B7J.DE.

What is the main difference between CBUG.DE and 2B7J.DE?

CBUG.DE tracks MSCI ACWI SMID NR USD, while 2B7J.DE tracks MSCI World SRI Select Reduced Fossil Fuels. Their fees differ too: 0.10% for CBUG.DE and 0.20% for 2B7J.DE.