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CBUK.DE vs. E908.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

CBUK.DE vs. E908.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares MSCI China Tech UCITS ETF USD Acc (CBUK.DE) and Amundi TecDAX UCITS ETF Dist (E908.DE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, CBUK.DE achieves a 2.62% return, which is significantly lower than E908.DE's 15.75% return.


CBUK.DE

1D
-0.11%
1M
4.25%
YTD
2.62%
6M
0.39%
1Y
20.86%
3Y*
13.37%
5Y*
10Y*

E908.DE

1D
0.58%
1M
10.18%
YTD
15.75%
6M
16.62%
1Y
6.69%
3Y*
8.69%
5Y*
3.88%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

CBUK.DE vs. E908.DE - Yearly Performance Comparison


2026 (YTD)2025202420232022
CBUK.DE
iShares MSCI China Tech UCITS ETF USD Acc
2.62%21.05%18.05%-9.04%-1.49%
E908.DE
Amundi TecDAX UCITS ETF Dist
15.75%5.30%2.57%12.83%-10.87%

Correlation

The correlation between CBUK.DE and E908.DE is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.43

Correlation (3Y)
Calculated over the trailing 3-year period

0.34

Correlation (All Time)
Calculated using the full available price history since Apr 11, 2022

0.33

The correlation between CBUK.DE and E908.DE shifts across timeframes, from 0.33 (all time) to 0.43 (1 year), reflecting how their relationship changes across market environments.

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Return for Risk

CBUK.DE vs. E908.DE — Risk / Return Rank

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

CBUK.DE
CBUK.DE Risk / Return Rank: 2424
Overall Rank
CBUK.DE Sharpe Ratio Rank: 2727
Sharpe Ratio Rank
CBUK.DE Sortino Ratio Rank: 2727
Sortino Ratio Rank
CBUK.DE Omega Ratio Rank: 2626
Omega Ratio Rank
CBUK.DE Calmar Ratio Rank: 2121
Calmar Ratio Rank
CBUK.DE Martin Ratio Rank: 1818
Martin Ratio Rank

E908.DE
E908.DE Risk / Return Rank: 1414
Overall Rank
E908.DE Sharpe Ratio Rank: 1515
Sharpe Ratio Rank
E908.DE Sortino Ratio Rank: 1515
Sortino Ratio Rank
E908.DE Omega Ratio Rank: 1414
Omega Ratio Rank
E908.DE Calmar Ratio Rank: 1414
Calmar Ratio Rank
E908.DE Martin Ratio Rank: 1313
Martin Ratio Rank
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.

CBUK.DE vs. E908.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI China Tech UCITS ETF USD Acc (CBUK.DE) and Amundi TecDAX UCITS ETF Dist (E908.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.


CBUK.DEE908.DEDifference
Sharpe ratioReturn per unit of total volatility

+0.58

Sortino ratioReturn per unit of downside risk

+0.82

Omega ratioGain probability vs. loss probability

1.17

1.07

+0.10

Calmar ratioReturn relative to maximum drawdown

0.92

0.42

+0.50

Martin ratioReturn relative to average drawdown

1.88

0.84

+1.04

CBUK.DE vs. E908.DE - Sharpe Ratio Comparison

The current CBUK.DE Sharpe Ratio is 0.94, which is higher than the E908.DE Sharpe Ratio of 0.36. The chart below compares the historical Sharpe Ratios of CBUK.DE and E908.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.


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Sharpe Ratios by Period


CBUK.DEE908.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.94

0.36

+0.58

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.20

Sharpe Ratio (All Time)

Calculated using the full available price history

0.21

0.48

-0.26

Drawdowns

CBUK.DE vs. E908.DE - Drawdown Comparison

The maximum CBUK.DE drawdown since its inception was -37.29%, which is greater than E908.DE's maximum drawdown of -34.82%. Use the drawdown chart below to compare losses from any high point for CBUK.DE and E908.DE.


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Drawdown Indicators


CBUK.DEE908.DEDifference

Max Drawdown

Largest peak-to-trough decline

-37.29%

-34.82%

-2.47%

Max Drawdown (1Y)

Largest decline over 1 year

-23.99%

-15.93%

-8.06%

Max Drawdown (3Y)

Largest decline over 3 years

-28.54%

-17.88%

-10.66%

Max Drawdown (5Y)

Largest decline over 5 years

-34.82%

Current Drawdown

Current decline from peak

-11.37%

-1.00%

-10.37%

Average Drawdown

Average peak-to-trough decline

-16.27%

-10.64%

-5.63%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.77%

7.92%

+3.85%

Volatility

CBUK.DE vs. E908.DE - Volatility Comparison

iShares MSCI China Tech UCITS ETF USD Acc (CBUK.DE) has a higher volatility of 8.51% compared to Amundi TecDAX UCITS ETF Dist (E908.DE) at 5.12%. This indicates that CBUK.DE's price experiences larger fluctuations and is considered to be riskier than E908.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


CBUK.DEE908.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.51%

5.12%

+3.39%

Volatility (6M)

Calculated over the trailing 6-month period

16.60%

14.39%

+2.21%

Volatility (1Y)

Calculated over the trailing 1-year period

23.47%

18.35%

+5.12%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

31.52%

18.80%

+12.72%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

31.52%

19.37%

+12.15%

CBUK.DE vs. E908.DE - Expense Ratio Comparison

CBUK.DE has a 0.45% expense ratio, which is higher than E908.DE's 0.40% expense ratio.


Dividends

CBUK.DE vs. E908.DE - Dividend Comparison

CBUK.DE has not paid dividends to shareholders, while E908.DE's dividend yield for the trailing twelve months is around 0.86%.


PositionTTM202520242023202220212020201920182017
CBUK.DE
iShares MSCI China Tech UCITS ETF USD Acc
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
E908.DE
Amundi TecDAX UCITS ETF Dist
0.86%1.00%1.00%1.71%1.08%0.50%0.60%0.93%0.90%0.84%

Frequently Asked Questions


CBUK.DE and E908.DE have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, E908.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

E908.DE is cheaper with a 0.40% expense ratio, compared with 0.45% for CBUK.DE.

CBUK.DE tracks MSCI China Technology Sub-Industries ESG Screened Select Capped, while E908.DE tracks TecDAX®. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.45% for CBUK.DE and 0.40% for E908.DE.

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