CBUK.DE vs. EQEU.DE
CBUK.DE (iShares MSCI China Tech UCITS ETF USD Acc) and EQEU.DE (Invesco EQQQ NASDAQ-100 UCITS ETF EUR Hedged) are both exchange-traded funds - CBUK.DE is a Technology Equities fund tracking the MSCI China Technology Sub-Industries ESG Screened Select Capped, while EQEU.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Notional Net Total Return Index. Both are passively managed. Over the past 3 years, CBUK.DE returned 13.37%/yr vs 25.32%/yr for EQEU.DE. At a 0.33 correlation, their price movements are largely independent. CBUK.DE charges 0.45%/yr vs 0.35%/yr for EQEU.DE.
Performance
CBUK.DE vs. EQEU.DE - Performance Comparison
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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 EQEU.DE's 17.47% return.
CBUK.DE
- 1D
- -0.11%
- 1M
- 4.25%
- YTD
- 2.62%
- 6M
- 0.39%
- 1Y
- 20.86%
- 3Y*
- 13.37%
- 5Y*
- —
- 10Y*
- —
EQEU.DE
- 1D
- -0.76%
- 1M
- 6.59%
- YTD
- 17.47%
- 6M
- 16.78%
- 1Y
- 35.29%
- 3Y*
- 25.32%
- 5Y*
- 14.74%
- 10Y*
- —
CBUK.DE vs. EQEU.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CBUK.DE iShares MSCI China Tech UCITS ETF USD Acc | 2.62% | 21.05% | 18.05% | -9.04% | -1.49% |
EQEU.DE Invesco EQQQ NASDAQ-100 UCITS ETF EUR Hedged | 17.47% | 18.24% | 24.15% | 51.95% | -26.97% |
Correlation
The correlation between CBUK.DE and EQEU.DE is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Apr 11, 2022 | 0.33 |
The correlation between CBUK.DE and EQEU.DE shifts across timeframes, from 0.33 (3 years) to 0.46 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
CBUK.DE vs. EQEU.DE — Risk / Return Rank
CBUK.DE
EQEU.DE
CBUK.DE vs. EQEU.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 Invesco EQQQ NASDAQ-100 UCITS ETF EUR Hedged (EQEU.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.DE | EQEU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.33 | ||
| Sortino ratioReturn per unit of downside risk | -1.71 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.39 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 0.92 | 3.02 | -2.10 |
| Martin ratioReturn relative to average drawdown | 1.88 | 10.63 | -8.74 |
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
| CBUK.DE | EQEU.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.94 | 2.27 | -1.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.70 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.86 | -0.65 |
Drawdowns
CBUK.DE vs. EQEU.DE - Drawdown Comparison
The maximum CBUK.DE drawdown since its inception was -37.29%, roughly equal to the maximum EQEU.DE drawdown of -37.97%. Use the drawdown chart below to compare losses from any high point for CBUK.DE and EQEU.DE.
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Drawdown Indicators
| CBUK.DE | EQEU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.29% | -37.97% | +0.68% |
Max Drawdown (1Y)Largest decline over 1 year | -23.99% | -12.02% | -11.97% |
Max Drawdown (3Y)Largest decline over 3 years | -28.54% | -22.08% | -6.46% |
Max Drawdown (5Y)Largest decline over 5 years | — | -37.97% | — |
Current DrawdownCurrent decline from peak | -11.37% | -0.89% | -10.48% |
Average DrawdownAverage peak-to-trough decline | -16.27% | -8.03% | -8.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.77% | 3.42% | +8.35% |
Volatility
CBUK.DE vs. EQEU.DE - Volatility Comparison
iShares MSCI China Tech UCITS ETF USD Acc (CBUK.DE) has a higher volatility of 8.51% compared to Invesco EQQQ NASDAQ-100 UCITS ETF EUR Hedged (EQEU.DE) at 4.77%. This indicates that CBUK.DE's price experiences larger fluctuations and is considered to be riskier than EQEU.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.DE | EQEU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.51% | 4.77% | +3.74% |
Volatility (6M)Calculated over the trailing 6-month period | 16.60% | 11.98% | +4.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.47% | 15.97% | +7.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.52% | 20.79% | +10.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.52% | 21.03% | +10.49% |
CBUK.DE vs. EQEU.DE - Expense Ratio Comparison
CBUK.DE has a 0.45% expense ratio, which is higher than EQEU.DE's 0.35% expense ratio.
Dividends
CBUK.DE vs. EQEU.DE - Dividend Comparison
Neither CBUK.DE nor EQEU.DE has paid dividends to shareholders.
Frequently Asked Questions
CBUK.DE and EQEU.DE have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EQEU.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EQEU.DE is cheaper with a 0.35% expense ratio, compared with 0.45% for CBUK.DE.
CBUK.DE is categorized as Technology Equities, while EQEU.DE is Nasdaq-100. CBUK.DE tracks MSCI China Technology Sub-Industries ESG Screened Select Capped, while EQEU.DE tracks NASDAQ-100 Notional Net Total Return Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.45% for CBUK.DE and 0.35% for EQEU.DE.
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