CBUK.DE vs. WELU.DE
CBUK.DE (iShares MSCI China Tech UCITS ETF USD Acc) and WELU.DE (Amundi S&P Global Information Technology ESG UCITS ETF EUR Acc) are both Technology Equities funds - CBUK.DE tracks the MSCI China Technology Sub-Industries ESG Screened Select Capped while WELU.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Information Technology. Both are passively managed. Over the past 3 years, CBUK.DE returned 13.37%/yr vs 27.35%/yr for WELU.DE. At a 0.28 correlation, their price movements are largely independent. CBUK.DE charges 0.45%/yr vs 0.18%/yr for WELU.DE.
Performance
CBUK.DE vs. WELU.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 WELU.DE's 21.54% return.
CBUK.DE
- 1D
- -0.11%
- 1M
- 4.25%
- YTD
- 2.62%
- 6M
- 0.39%
- 1Y
- 20.86%
- 3Y*
- 13.37%
- 5Y*
- —
- 10Y*
- —
WELU.DE
- 1D
- -1.73%
- 1M
- 11.36%
- YTD
- 21.54%
- 6M
- 19.44%
- 1Y
- 43.16%
- 3Y*
- 27.35%
- 5Y*
- —
- 10Y*
- —
CBUK.DE vs. WELU.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% | 12.60% |
WELU.DE Amundi S&P Global Information Technology ESG UCITS ETF EUR Acc | 21.54% | 9.54% | 38.64% | 57.43% | 0.20% |
Correlation
The correlation between CBUK.DE and WELU.DE is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.28 |
The correlation between CBUK.DE and WELU.DE shifts across timeframes, from 0.28 (all time) to 0.44 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
CBUK.DE vs. WELU.DE — Risk / Return Rank
CBUK.DE
WELU.DE
CBUK.DE vs. WELU.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 S&P Global Information Technology ESG UCITS ETF EUR Acc (WELU.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 | WELU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.21 | ||
| Sortino ratioReturn per unit of downside risk | -1.37 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.35 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.92 | 2.70 | -1.78 |
| Martin ratioReturn relative to average drawdown | 1.88 | 6.94 | -5.06 |
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 | WELU.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.94 | 2.15 | -1.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 1.52 | -1.30 |
Drawdowns
CBUK.DE vs. WELU.DE - Drawdown Comparison
The maximum CBUK.DE drawdown since its inception was -37.29%, which is greater than WELU.DE's maximum drawdown of -28.67%. Use the drawdown chart below to compare losses from any high point for CBUK.DE and WELU.DE.
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Drawdown Indicators
| CBUK.DE | WELU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.29% | -28.67% | -8.62% |
Max Drawdown (1Y)Largest decline over 1 year | -23.99% | -16.26% | -7.73% |
Max Drawdown (3Y)Largest decline over 3 years | -28.54% | -28.67% | +0.13% |
Current DrawdownCurrent decline from peak | -11.37% | -2.65% | -8.72% |
Average DrawdownAverage peak-to-trough decline | -16.27% | -4.74% | -11.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.77% | 6.35% | +5.42% |
Volatility
CBUK.DE vs. WELU.DE - Volatility Comparison
iShares MSCI China Tech UCITS ETF USD Acc (CBUK.DE) has a higher volatility of 8.51% compared to Amundi S&P Global Information Technology ESG UCITS ETF EUR Acc (WELU.DE) at 6.70%. This indicates that CBUK.DE's price experiences larger fluctuations and is considered to be riskier than WELU.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 | WELU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.51% | 6.70% | +1.81% |
Volatility (6M)Calculated over the trailing 6-month period | 16.60% | 14.75% | +1.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.47% | 20.41% | +3.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.52% | 22.28% | +9.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.52% | 22.28% | +9.24% |
CBUK.DE vs. WELU.DE - Expense Ratio Comparison
CBUK.DE has a 0.45% expense ratio, which is higher than WELU.DE's 0.18% expense ratio.
Dividends
CBUK.DE vs. WELU.DE - Dividend Comparison
Neither CBUK.DE nor WELU.DE has paid dividends to shareholders.
Frequently Asked Questions
CBUK.DE and WELU.DE have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WELU.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WELU.DE is cheaper with a 0.18% expense ratio, compared with 0.45% for CBUK.DE.
CBUK.DE tracks MSCI China Technology Sub-Industries ESG Screened Select Capped, while WELU.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Information Technology. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.45% for CBUK.DE and 0.18% for WELU.DE.
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