CBUI.DE vs. ECLM.DE
CBUI.DE (iShares MSCI World Value Factor ESG UCITS ETF USD Acc) and ECLM.DE (HANetf iClima Global Decarbonisation Enablers UCITS ETF) are both Global Equities funds - CBUI.DE tracks the MSCI World Value ESG Reduced Carbon Target Select while ECLM.DE tracks the iClima Global Decarbonisation Enablers. Both are passively managed. Over the past 3 years, CBUI.DE returned 21.76%/yr vs 4.30%/yr for ECLM.DE. A 0.75 correlation means they provide meaningful diversification when combined. CBUI.DE charges 0.30%/yr vs 0.65%/yr for ECLM.DE.
Performance
CBUI.DE vs. ECLM.DE - Performance Comparison
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Returns By Period
In the year-to-date period, CBUI.DE achieves a 20.05% return, which is significantly higher than ECLM.DE's 18.15% return.
CBUI.DE
- 1D
- 0.22%
- 1M
- 8.37%
- YTD
- 20.05%
- 6M
- 22.81%
- 1Y
- 44.12%
- 3Y*
- 21.76%
- 5Y*
- —
- 10Y*
- —
ECLM.DE
- 1D
- -1.47%
- 1M
- 5.70%
- YTD
- 18.15%
- 6M
- 17.28%
- 1Y
- 37.06%
- 3Y*
- 4.30%
- 5Y*
- -0.34%
- 10Y*
- —
CBUI.DE vs. ECLM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CBUI.DE iShares MSCI World Value Factor ESG UCITS ETF USD Acc | 20.05% | 20.98% | 13.82% | 15.94% | -6.30% | 6.27% |
ECLM.DE HANetf iClima Global Decarbonisation Enablers UCITS ETF | 18.15% | 12.83% | -11.47% | 1.02% | -23.37% | -4.56% |
Correlation
The correlation between CBUI.DE and ECLM.DE is 0.71, 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 | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Nov 1, 2021 | 0.75 |
The correlation between CBUI.DE and ECLM.DE has been stable across timeframes, ranging from 0.71 to 0.75 - a consistent structural relationship.
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Return for Risk
CBUI.DE vs. ECLM.DE — Risk / Return Rank
CBUI.DE
ECLM.DE
CBUI.DE vs. ECLM.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Value Factor ESG UCITS ETF USD Acc (CBUI.DE) and HANetf iClima Global Decarbonisation Enablers UCITS ETF (ECLM.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.
| CBUI.DE | ECLM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.12 | ||
| Sortino ratioReturn per unit of downside risk | +2.71 | ||
| Omega ratioGain probability vs. loss probability | 1.60 | 1.32 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 6.92 | 1.87 | +5.06 |
| Martin ratioReturn relative to average drawdown | 26.41 | 3.63 | +22.79 |
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
| CBUI.DE | ECLM.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.41 | 1.29 | +2.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | -0.01 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.05 | 0.10 | +0.96 |
Drawdowns
CBUI.DE vs. ECLM.DE - Drawdown Comparison
The maximum CBUI.DE drawdown since its inception was -19.48%, smaller than the maximum ECLM.DE drawdown of -49.88%. Use the drawdown chart below to compare losses from any high point for CBUI.DE and ECLM.DE.
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Drawdown Indicators
| CBUI.DE | ECLM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.48% | -49.88% | +30.40% |
Max Drawdown (1Y)Largest decline over 1 year | -6.34% | -19.77% | +13.43% |
Max Drawdown (3Y)Largest decline over 3 years | -19.48% | -36.17% | +16.69% |
Max Drawdown (5Y)Largest decline over 5 years | — | -49.88% | — |
Current DrawdownCurrent decline from peak | -0.22% | -16.23% | +16.01% |
Average DrawdownAverage peak-to-trough decline | -3.23% | -24.19% | +20.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.67% | 10.19% | -8.52% |
Volatility
CBUI.DE vs. ECLM.DE - Volatility Comparison
The current volatility for iShares MSCI World Value Factor ESG UCITS ETF USD Acc (CBUI.DE) is 3.73%, while HANetf iClima Global Decarbonisation Enablers UCITS ETF (ECLM.DE) has a volatility of 6.50%. This indicates that CBUI.DE experiences smaller price fluctuations and is considered to be less risky than ECLM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CBUI.DE | ECLM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.73% | 6.50% | -2.77% |
Volatility (6M)Calculated over the trailing 6-month period | 9.76% | 13.35% | -3.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.88% | 28.64% | -15.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.21% | 23.04% | -8.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.21% | 23.35% | -9.14% |
CBUI.DE vs. ECLM.DE - Expense Ratio Comparison
CBUI.DE has a 0.30% expense ratio, which is lower than ECLM.DE's 0.65% expense ratio.
Dividends
CBUI.DE vs. ECLM.DE - Dividend Comparison
Neither CBUI.DE nor ECLM.DE has paid dividends to shareholders.
Frequently Asked Questions
CBUI.DE and ECLM.DE have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CBUI.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CBUI.DE is cheaper with a 0.30% expense ratio, compared with 0.65% for ECLM.DE.
CBUI.DE tracks MSCI World Value ESG Reduced Carbon Target Select, while ECLM.DE tracks iClima Global Decarbonisation Enablers. They also come from different issuers: iShares and HANetf. Their fees differ too: 0.30% for CBUI.DE and 0.65% for ECLM.DE.
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