CBUH.DE vs. IS3R.DE
CBUH.DE (iShares MSCI World Momentum Factor ESG UCITS ETF USD Acc) and IS3R.DE (iShares Edge MSCI World Momentum Factor UCITS ETF (Acc)) are both Momentum funds from iShares - CBUH.DE tracks the MSCI World Momentum ESG Reduced Carbon Target Select while IS3R.DE tracks the MSCI World Momentum Index. Both are passively managed. Over the past 3 years, CBUH.DE returned 22.30%/yr vs 26.05%/yr for IS3R.DE. Their correlation of 0.95 suggests significant overlap in exposure. CBUH.DE charges 0.30%/yr vs 0.25%/yr for IS3R.DE.
Performance
CBUH.DE vs. IS3R.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with CBUH.DE having a 22.41% return and IS3R.DE slightly higher at 22.51%.
CBUH.DE
- 1D
- -0.51%
- 1M
- 4.74%
- YTD
- 22.41%
- 6M
- 23.42%
- 1Y
- 31.87%
- 3Y*
- 22.30%
- 5Y*
- —
- 10Y*
- —
IS3R.DE
- 1D
- -1.01%
- 1M
- 8.60%
- YTD
- 22.51%
- 6M
- 23.56%
- 1Y
- 31.46%
- 3Y*
- 26.05%
- 5Y*
- 14.66%
- 10Y*
- 15.31%
CBUH.DE vs. IS3R.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CBUH.DE iShares MSCI World Momentum Factor ESG UCITS ETF USD Acc | 22.41% | 7.97% | 28.91% | 13.46% | -17.00% | 0.41% |
IS3R.DE iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) | 22.51% | 8.37% | 37.95% | 8.09% | -13.60% | 1.05% |
Correlation
The correlation between CBUH.DE and IS3R.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 | 0.96 |
Correlation (All Time) Calculated using the full available price history since Nov 1, 2021 | 0.95 |
The correlation between CBUH.DE and IS3R.DE has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CBUH.DE vs. IS3R.DE — Risk / Return Rank
CBUH.DE
IS3R.DE
CBUH.DE vs. IS3R.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Momentum Factor ESG UCITS ETF USD Acc (CBUH.DE) and iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IS3R.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.
| CBUH.DE | IS3R.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.34 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.38 | 3.48 | -0.10 |
| Martin ratioReturn relative to average drawdown | 13.99 | 13.30 | +0.69 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CBUH.DE | IS3R.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.99 | 1.84 | +0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.84 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.88 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 0.85 | -0.21 |
Drawdowns
CBUH.DE vs. IS3R.DE - Drawdown Comparison
The maximum CBUH.DE drawdown since its inception was -22.61%, smaller than the maximum IS3R.DE drawdown of -30.77%. Use the drawdown chart below to compare losses from any high point for CBUH.DE and IS3R.DE.
Loading charts...
Drawdown Indicators
| CBUH.DE | IS3R.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.61% | -30.77% | +8.16% |
Max Drawdown (1Y)Largest decline over 1 year | -9.39% | -9.01% | -0.38% |
Max Drawdown (3Y)Largest decline over 3 years | -22.61% | -23.57% | +0.96% |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.57% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.77% | — |
Current DrawdownCurrent decline from peak | -0.51% | -1.01% | +0.50% |
Average DrawdownAverage peak-to-trough decline | -8.55% | -5.67% | -2.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.27% | 2.36% | -0.09% |
Volatility
CBUH.DE vs. IS3R.DE - Volatility Comparison
The current volatility for iShares MSCI World Momentum Factor ESG UCITS ETF USD Acc (CBUH.DE) is 4.80%, while iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IS3R.DE) has a volatility of 5.96%. This indicates that CBUH.DE experiences smaller price fluctuations and is considered to be less risky than IS3R.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CBUH.DE | IS3R.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.80% | 5.96% | -1.16% |
Volatility (6M)Calculated over the trailing 6-month period | 13.32% | 14.33% | -1.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.96% | 17.01% | -1.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.91% | 17.32% | -0.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.91% | 17.23% | -0.32% |
CBUH.DE vs. IS3R.DE - Expense Ratio Comparison
CBUH.DE has a 0.30% expense ratio, which is higher than IS3R.DE's 0.25% expense ratio.
Dividends
CBUH.DE vs. IS3R.DE - Dividend Comparison
Neither CBUH.DE nor IS3R.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.94, CBUH.DE and IS3R.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, IS3R.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IS3R.DE is cheaper with a 0.25% expense ratio, compared with 0.30% for CBUH.DE.
CBUH.DE tracks MSCI World Momentum ESG Reduced Carbon Target Select, while IS3R.DE tracks MSCI World Momentum Index. Their fees differ too: 0.30% for CBUH.DE and 0.25% for IS3R.DE.
Find the right allocation for CBUH.DE and IS3R.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer