CBUG.DE vs. XG12.DE
CBUG.DE (iShares USD Treasury Bond 3-7yr UCITS ETF GBP hedged (Dist)) and XG12.DE (Xtrackers MSCI Global SDG 12 Circular Economy UCITS ETF 1C) are both Global Equities funds - CBUG.DE tracks the MSCI ACWI SMID NR USD while XG12.DE tracks the MSCI ACWI IMI SDG 12 Responsible Consumption and Production Select. Both are passively managed. Over the past 3 years, CBUG.DE returned 13.75%/yr vs 12.73%/yr for XG12.DE. A 0.77 correlation means they provide meaningful diversification when combined. CBUG.DE charges 0.10%/yr vs 0.35%/yr for XG12.DE.
Performance
CBUG.DE vs. XG12.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 XG12.DE's 39.92% return.
CBUG.DE
- 1D
- 0.52%
- 1M
- 4.17%
- YTD
- 14.43%
- 6M
- 15.69%
- 1Y
- 28.51%
- 3Y*
- 13.75%
- 5Y*
- —
- 10Y*
- —
XG12.DE
- 1D
- -0.39%
- 1M
- 10.62%
- YTD
- 39.92%
- 6M
- 38.31%
- 1Y
- 54.12%
- 3Y*
- 12.73%
- 5Y*
- —
- 10Y*
- —
CBUG.DE vs. XG12.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CBUG.DE iShares USD Treasury Bond 3-7yr UCITS ETF GBP hedged (Dist) | 14.43% | 6.47% | 13.17% | 11.34% | -3.88% |
XG12.DE Xtrackers MSCI Global SDG 12 Circular Economy UCITS ETF 1C | 39.92% | 8.69% | -4.44% | -8.34% | -5.33% |
Correlation
The correlation between CBUG.DE and XG12.DE is 0.72, 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 | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Dec 14, 2022 | 0.77 |
The correlation between CBUG.DE and XG12.DE has been stable across timeframes, ranging from 0.72 to 0.77 - a consistent structural relationship.
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Return for Risk
CBUG.DE vs. XG12.DE — Risk / Return Rank
CBUG.DE
XG12.DE
CBUG.DE vs. XG12.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 Xtrackers MSCI Global SDG 12 Circular Economy UCITS ETF 1C (XG12.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 | XG12.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.29 | ||
| Sortino ratioReturn per unit of downside risk | -1.67 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.59 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 3.94 | 7.95 | -4.01 |
| Martin ratioReturn relative to average drawdown | 14.66 | 25.46 | -10.79 |
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 | XG12.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.04 | 3.33 | -1.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.39 | +0.03 |
Drawdowns
CBUG.DE vs. XG12.DE - Drawdown Comparison
The maximum CBUG.DE drawdown since its inception was -24.59%, smaller than the maximum XG12.DE drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for CBUG.DE and XG12.DE.
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Drawdown Indicators
| CBUG.DE | XG12.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.59% | -32.01% | +7.42% |
Max Drawdown (1Y)Largest decline over 1 year | -7.21% | -6.77% | -0.44% |
Max Drawdown (3Y)Largest decline over 3 years | -24.59% | -24.98% | +0.39% |
Current DrawdownCurrent decline from peak | 0.00% | -1.67% | +1.67% |
Average DrawdownAverage peak-to-trough decline | -7.48% | -14.28% | +6.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.94% | 2.12% | -0.18% |
Volatility
CBUG.DE vs. XG12.DE - Volatility Comparison
The current volatility for iShares USD Treasury Bond 3-7yr UCITS ETF GBP hedged (Dist) (CBUG.DE) is 3.41%, while Xtrackers MSCI Global SDG 12 Circular Economy UCITS ETF 1C (XG12.DE) has a volatility of 6.86%. This indicates that CBUG.DE experiences smaller price fluctuations and is considered to be less risky than XG12.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 | XG12.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.41% | 6.86% | -3.45% |
Volatility (6M)Calculated over the trailing 6-month period | 9.78% | 12.62% | -2.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.90% | 16.18% | -2.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.71% | 17.44% | -0.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.71% | 17.44% | -0.73% |
CBUG.DE vs. XG12.DE - Expense Ratio Comparison
CBUG.DE has a 0.10% expense ratio, which is lower than XG12.DE's 0.35% expense ratio.
Dividends
CBUG.DE vs. XG12.DE - Dividend Comparison
Neither CBUG.DE nor XG12.DE has paid dividends to shareholders.
Frequently Asked Questions
CBUG.DE and XG12.DE have a correlation of 0.72, 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 0.35% for XG12.DE.
CBUG.DE tracks MSCI ACWI SMID NR USD, while XG12.DE tracks MSCI ACWI IMI SDG 12 Responsible Consumption and Production Select. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.10% for CBUG.DE and 0.35% for XG12.DE.
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