CBUK.DE vs. XNNV.DE
CBUK.DE (iShares MSCI China Tech UCITS ETF USD Acc) and XNNV.DE (Xtrackers MSCI Innovation UCITS ETF 1C) are both Technology Equities funds - CBUK.DE tracks the MSCI China Technology Sub-Industries ESG Screened Select Capped while XNNV.DE tracks the MSCI ACWI IMI Innovation Select ESG Screened 200. Both are passively managed. Over the past 3 years, CBUK.DE returned 13.37%/yr vs 13.35%/yr for XNNV.DE. At a 0.42 correlation, their price movements are largely independent. CBUK.DE charges 0.45%/yr vs 0.30%/yr for XNNV.DE.
Performance
CBUK.DE vs. XNNV.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 XNNV.DE's 5.08% return.
CBUK.DE
- 1D
- -0.11%
- 1M
- 4.25%
- YTD
- 2.62%
- 6M
- 0.39%
- 1Y
- 20.86%
- 3Y*
- 13.37%
- 5Y*
- —
- 10Y*
- —
XNNV.DE
- 1D
- 1.03%
- 1M
- 5.50%
- YTD
- 5.08%
- 6M
- 3.47%
- 1Y
- 15.03%
- 3Y*
- 13.35%
- 5Y*
- —
- 10Y*
- —
CBUK.DE vs. XNNV.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% | -10.82% |
XNNV.DE Xtrackers MSCI Innovation UCITS ETF 1C | 5.08% | 2.05% | 29.19% | 29.66% | -13.17% |
Correlation
The correlation between CBUK.DE and XNNV.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 (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Jul 20, 2022 | 0.42 |
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. XNNV.DE — Risk / Return Rank
CBUK.DE
XNNV.DE
CBUK.DE vs. XNNV.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 Xtrackers MSCI Innovation UCITS ETF 1C (XNNV.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 | XNNV.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.18 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.92 | 1.01 | -0.09 |
| Martin ratioReturn relative to average drawdown | 1.88 | 2.80 | -0.92 |
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 | XNNV.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.94 | 1.03 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.67 | -0.45 |
Drawdowns
CBUK.DE vs. XNNV.DE - Drawdown Comparison
The maximum CBUK.DE drawdown since its inception was -37.29%, which is greater than XNNV.DE's maximum drawdown of -25.90%. Use the drawdown chart below to compare losses from any high point for CBUK.DE and XNNV.DE.
Loading charts...
Drawdown Indicators
| CBUK.DE | XNNV.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.29% | -25.90% | -11.39% |
Max Drawdown (1Y)Largest decline over 1 year | -23.99% | -15.02% | -8.97% |
Max Drawdown (3Y)Largest decline over 3 years | -28.54% | -25.90% | -2.64% |
Current DrawdownCurrent decline from peak | -11.37% | -0.91% | -10.46% |
Average DrawdownAverage peak-to-trough decline | -16.27% | -6.64% | -9.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.77% | 5.41% | +6.36% |
Volatility
CBUK.DE vs. XNNV.DE - Volatility Comparison
iShares MSCI China Tech UCITS ETF USD Acc (CBUK.DE) has a higher volatility of 8.51% compared to Xtrackers MSCI Innovation UCITS ETF 1C (XNNV.DE) at 3.84%. This indicates that CBUK.DE's price experiences larger fluctuations and is considered to be riskier than XNNV.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CBUK.DE | XNNV.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.51% | 3.84% | +4.67% |
Volatility (6M)Calculated over the trailing 6-month period | 16.60% | 10.61% | +5.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.47% | 14.72% | +8.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.52% | 18.07% | +13.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.52% | 18.07% | +13.45% |
CBUK.DE vs. XNNV.DE - Expense Ratio Comparison
CBUK.DE has a 0.45% expense ratio, which is higher than XNNV.DE's 0.30% expense ratio.
Dividends
CBUK.DE vs. XNNV.DE - Dividend Comparison
Neither CBUK.DE nor XNNV.DE has paid dividends to shareholders.
Frequently Asked Questions
CBUK.DE and XNNV.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, XNNV.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XNNV.DE is cheaper with a 0.30% expense ratio, compared with 0.45% for CBUK.DE.
CBUK.DE tracks MSCI China Technology Sub-Industries ESG Screened Select Capped, while XNNV.DE tracks MSCI ACWI IMI Innovation Select ESG Screened 200. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.45% for CBUK.DE and 0.30% for XNNV.DE.
Find the right allocation for CBUK.DE and XNNV.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