CBUG.DE vs. QDVE.DE
CBUG.DE (iShares USD Treasury Bond 3-7yr UCITS ETF GBP hedged (Dist)) and QDVE.DE (iShares S&P 500 Information Technology Sector UCITS ETF) are both exchange-traded funds - CBUG.DE is a Global Equities fund tracking the MSCI ACWI SMID NR USD, while QDVE.DE is a Technology Equities fund tracking the S&P 500 Capped 35/20 Information Technology Index. Both are passively managed. Over the past 3 years, CBUG.DE returned 13.75%/yr vs 30.81%/yr for QDVE.DE. A 0.62 correlation means they provide meaningful diversification when combined. CBUG.DE charges 0.10%/yr vs 0.15%/yr for QDVE.DE.
Performance
CBUG.DE vs. QDVE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, CBUG.DE achieves a 14.43% return, which is significantly lower than QDVE.DE's 24.06% return.
CBUG.DE
- 1D
- 0.52%
- 1M
- 2.87%
- YTD
- 14.43%
- 6M
- 15.29%
- 1Y
- 28.47%
- 3Y*
- 13.75%
- 5Y*
- —
- 10Y*
- —
QDVE.DE
- 1D
- -2.26%
- 1M
- 13.91%
- YTD
- 24.06%
- 6M
- 23.05%
- 1Y
- 49.27%
- 3Y*
- 30.81%
- 5Y*
- 25.33%
- 10Y*
- 26.04%
CBUG.DE vs. QDVE.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% |
QDVE.DE iShares S&P 500 Information Technology Sector UCITS ETF | 24.06% | 9.99% | 46.12% | 54.14% | -25.83% | 4.52% |
Correlation
The correlation between CBUG.DE and QDVE.DE is 0.54, 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 | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2021 | 0.62 |
The correlation between CBUG.DE and QDVE.DE has been stable across timeframes, ranging from 0.52 to 0.62 - a consistent structural relationship.
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Return for Risk
CBUG.DE vs. QDVE.DE — Risk / Return Rank
CBUG.DE
QDVE.DE
CBUG.DE vs. QDVE.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 S&P 500 Information Technology Sector UCITS ETF (QDVE.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 | QDVE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.36 | ||
| Sortino ratioReturn per unit of downside risk | -0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.39 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.94 | 3.14 | +0.79 |
| Martin ratioReturn relative to average drawdown | 14.66 | 8.31 | +6.35 |
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
| CBUG.DE | QDVE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.04 | 2.40 | -0.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.10 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.19 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 1.07 | -0.65 |
Drawdowns
CBUG.DE vs. QDVE.DE - Drawdown Comparison
The maximum CBUG.DE drawdown since its inception was -24.59%, smaller than the maximum QDVE.DE drawdown of -31.45%. Use the drawdown chart below to compare losses from any high point for CBUG.DE and QDVE.DE.
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Drawdown Indicators
| CBUG.DE | QDVE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.59% | -31.45% | +6.86% |
Max Drawdown (1Y)Largest decline over 1 year | -7.21% | -15.59% | +8.38% |
Max Drawdown (3Y)Largest decline over 3 years | -24.59% | -29.83% | +5.24% |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.83% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.45% | — |
Current DrawdownCurrent decline from peak | 0.00% | -3.08% | +3.08% |
Average DrawdownAverage peak-to-trough decline | -7.48% | -5.80% | -1.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.94% | 5.91% | -3.97% |
Volatility
CBUG.DE vs. QDVE.DE - Volatility Comparison
The current volatility for iShares USD Treasury Bond 3-7yr UCITS ETF GBP hedged (Dist) (CBUG.DE) is 3.41%, while iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) has a volatility of 7.12%. This indicates that CBUG.DE experiences smaller price fluctuations and is considered to be less risky than QDVE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CBUG.DE | QDVE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.41% | 7.12% | -3.71% |
Volatility (6M)Calculated over the trailing 6-month period | 9.78% | 14.85% | -5.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.90% | 20.42% | -6.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.71% | 22.71% | -6.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.71% | 21.73% | -5.02% |
CBUG.DE vs. QDVE.DE - Expense Ratio Comparison
CBUG.DE has a 0.10% expense ratio, which is lower than QDVE.DE's 0.15% 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. QDVE.DE - Dividend Comparison
Neither CBUG.DE nor QDVE.DE has paid dividends to shareholders.
Frequently Asked Questions
CBUG.DE and QDVE.DE have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
CBUG.DE is cheaper with a 0.10% expense ratio, compared with 0.15% for QDVE.DE.
CBUG.DE is categorized as Global Equities, while QDVE.DE is Technology Equities. CBUG.DE tracks MSCI ACWI SMID NR USD, while QDVE.DE tracks S&P 500 Capped 35/20 Information Technology Index. Their fees differ too: 0.10% for CBUG.DE and 0.15% for QDVE.DE.
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