CBUK.DE vs. FWIA.DE
CBUK.DE (iShares MSCI China Tech UCITS ETF USD Acc) and FWIA.DE (Invesco FTSE All-World UCITS ETF Acc) are both exchange-traded funds - CBUK.DE is a Technology Equities fund tracking the MSCI China Technology Sub-Industries ESG Screened Select Capped, while FWIA.DE is a Global Equities fund tracking the FTSE All-World. Both are passively managed. Over the past year, CBUK.DE returned 20.86% vs 26.39% for FWIA.DE. At a 0.40 correlation, their price movements are largely independent. CBUK.DE charges 0.45%/yr vs 0.15%/yr for FWIA.DE.
Performance
CBUK.DE vs. FWIA.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CBUK.DE achieves a 2.62% return, which is significantly lower than FWIA.DE's 12.60% return.
CBUK.DE
- 1D
- -0.11%
- 1M
- 4.25%
- YTD
- 2.62%
- 6M
- 0.39%
- 1Y
- 20.86%
- 3Y*
- 13.37%
- 5Y*
- —
- 10Y*
- —
FWIA.DE
- 1D
- -0.22%
- 1M
- 3.67%
- YTD
- 12.60%
- 6M
- 12.82%
- 1Y
- 26.39%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CBUK.DE vs. FWIA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CBUK.DE iShares MSCI China Tech UCITS ETF USD Acc | 2.62% | 21.05% | 18.05% | -0.16% |
FWIA.DE Invesco FTSE All-World UCITS ETF Acc | 12.60% | 9.02% | 24.70% | 7.73% |
Correlation
The correlation between CBUK.DE and FWIA.DE is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2023 | 0.40 |
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
CBUK.DE vs. FWIA.DE — Risk / Return Rank
CBUK.DE
FWIA.DE
CBUK.DE vs. FWIA.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 FTSE All-World UCITS ETF Acc (FWIA.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 | FWIA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.41 | ||
| Sortino ratioReturn per unit of downside risk | -1.85 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.44 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 0.92 | 4.08 | -3.16 |
| Martin ratioReturn relative to average drawdown | 1.88 | 16.52 | -14.64 |
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
| CBUK.DE | FWIA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.94 | 2.36 | -1.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 1.40 | -1.19 |
Drawdowns
CBUK.DE vs. FWIA.DE - Drawdown Comparison
The maximum CBUK.DE drawdown since its inception was -37.29%, which is greater than FWIA.DE's maximum drawdown of -20.96%. Use the drawdown chart below to compare losses from any high point for CBUK.DE and FWIA.DE.
Loading charts...
Drawdown Indicators
| CBUK.DE | FWIA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.29% | -20.96% | -16.33% |
Max Drawdown (1Y)Largest decline over 1 year | -23.99% | -6.49% | -17.50% |
Max Drawdown (3Y)Largest decline over 3 years | -28.54% | — | — |
Current DrawdownCurrent decline from peak | -11.37% | -0.62% | -10.75% |
Average DrawdownAverage peak-to-trough decline | -16.27% | -2.44% | -13.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.77% | 1.60% | +10.17% |
Volatility
CBUK.DE vs. FWIA.DE - Volatility Comparison
iShares MSCI China Tech UCITS ETF USD Acc (CBUK.DE) has a higher volatility of 8.51% compared to Invesco FTSE All-World UCITS ETF Acc (FWIA.DE) at 2.96%. This indicates that CBUK.DE's price experiences larger fluctuations and is considered to be riskier than FWIA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CBUK.DE | FWIA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.51% | 2.96% | +5.55% |
Volatility (6M)Calculated over the trailing 6-month period | 16.60% | 8.09% | +8.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.47% | 11.22% | +12.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.52% | 13.18% | +18.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.52% | 13.18% | +18.34% |
CBUK.DE vs. FWIA.DE - Expense Ratio Comparison
CBUK.DE has a 0.45% expense ratio, which is higher than FWIA.DE's 0.15% expense ratio.
Dividends
CBUK.DE vs. FWIA.DE - Dividend Comparison
Neither CBUK.DE nor FWIA.DE has paid dividends to shareholders.
Frequently Asked Questions
CBUK.DE and FWIA.DE have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FWIA.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FWIA.DE is cheaper with a 0.15% expense ratio, compared with 0.45% for CBUK.DE.
CBUK.DE is categorized as Technology Equities, while FWIA.DE is Global Equities. CBUK.DE tracks MSCI China Technology Sub-Industries ESG Screened Select Capped, while FWIA.DE tracks FTSE All-World. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.45% for CBUK.DE and 0.15% for FWIA.DE.
Find the right allocation for CBUK.DE and FWIA.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