CBUN.DE vs. IS3R.DE
CBUN.DE (iShares Digital Entertainment and Education UCITS ETF USD (Acc)) and IS3R.DE (iShares Edge MSCI World Momentum Factor UCITS ETF (Acc)) are both exchange-traded funds - CBUN.DE is a Technology Equities fund tracking the STOXX® Global Digital Entertainment and Education, while IS3R.DE is a Momentum fund tracking the MSCI World Momentum Index. Both are passively managed. Over the past 3 years, CBUN.DE returned 29.59%/yr vs 26.05%/yr for IS3R.DE. A 0.65 correlation means they provide meaningful diversification when combined. CBUN.DE charges 0.40%/yr vs 0.25%/yr for IS3R.DE.
Performance
CBUN.DE vs. IS3R.DE - Performance Comparison
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Returns By Period
In the year-to-date period, CBUN.DE achieves a 27.45% return, which is significantly higher than IS3R.DE's 22.51% return.
CBUN.DE
- 1D
- -1.30%
- 1M
- 12.33%
- YTD
- 27.45%
- 6M
- 25.10%
- 1Y
- 32.37%
- 3Y*
- 29.59%
- 5Y*
- —
- 10Y*
- —
IS3R.DE
- 1D
- -1.01%
- 1M
- 6.72%
- YTD
- 22.51%
- 6M
- 23.47%
- 1Y
- 31.36%
- 3Y*
- 26.05%
- 5Y*
- 14.66%
- 10Y*
- 15.31%
CBUN.DE vs. IS3R.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CBUN.DE iShares Digital Entertainment and Education UCITS ETF USD (Acc) | 27.45% | 9.37% | 36.98% | 46.88% | -9.11% |
IS3R.DE iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) | 22.51% | 8.37% | 37.95% | 8.09% | 1.06% |
Correlation
The correlation between CBUN.DE and IS3R.DE is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Jul 8, 2022 | 0.65 |
The correlation between CBUN.DE and IS3R.DE has been stable across timeframes, ranging from 0.65 to 0.74 - a consistent structural relationship.
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Return for Risk
CBUN.DE vs. IS3R.DE — Risk / Return Rank
CBUN.DE
IS3R.DE
CBUN.DE vs. IS3R.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Digital Entertainment and Education UCITS ETF USD (Acc) (CBUN.DE) and iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IS3R.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.
| CBUN.DE | IS3R.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.18 | ||
| Sortino ratioReturn per unit of downside risk | -0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.34 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.85 | 3.48 | -1.63 |
| Martin ratioReturn relative to average drawdown | 4.12 | 13.30 | -9.18 |
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
| CBUN.DE | IS3R.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.66 | 1.84 | -0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.84 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.88 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.31 | 0.85 | +0.46 |
Drawdowns
CBUN.DE vs. IS3R.DE - Drawdown Comparison
The maximum CBUN.DE drawdown since its inception was -25.59%, smaller than the maximum IS3R.DE drawdown of -30.77%. Use the drawdown chart below to compare losses from any high point for CBUN.DE and IS3R.DE.
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Drawdown Indicators
| CBUN.DE | IS3R.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.59% | -30.77% | +5.18% |
Max Drawdown (1Y)Largest decline over 1 year | -17.83% | -9.01% | -8.82% |
Max Drawdown (3Y)Largest decline over 3 years | -25.59% | -23.57% | -2.02% |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.57% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.77% | — |
Current DrawdownCurrent decline from peak | -1.91% | -1.01% | -0.90% |
Average DrawdownAverage peak-to-trough decline | -5.25% | -5.67% | +0.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.01% | 2.36% | +5.65% |
Volatility
CBUN.DE vs. IS3R.DE - Volatility Comparison
iShares Digital Entertainment and Education UCITS ETF USD (Acc) (CBUN.DE) has a higher volatility of 7.08% compared to iShares Edge MSCI World Momentum Factor UCITS ETF (Acc) (IS3R.DE) at 5.96%. This indicates that CBUN.DE's price experiences larger fluctuations and is considered to be riskier than IS3R.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CBUN.DE | IS3R.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.08% | 5.96% | +1.12% |
Volatility (6M)Calculated over the trailing 6-month period | 15.34% | 14.33% | +1.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.80% | 17.01% | +2.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.47% | 17.32% | +3.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.47% | 17.23% | +3.24% |
CBUN.DE vs. IS3R.DE - Expense Ratio Comparison
CBUN.DE has a 0.40% expense ratio, which is higher than IS3R.DE's 0.25% expense ratio.
Dividends
CBUN.DE vs. IS3R.DE - Dividend Comparison
Neither CBUN.DE nor IS3R.DE has paid dividends to shareholders.
Frequently Asked Questions
CBUN.DE and IS3R.DE have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IS3R.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IS3R.DE is cheaper with a 0.25% expense ratio, compared with 0.40% for CBUN.DE.
CBUN.DE is categorized as Technology Equities, while IS3R.DE is Momentum. CBUN.DE tracks STOXX® Global Digital Entertainment and Education, while IS3R.DE tracks MSCI World Momentum Index. Their fees differ too: 0.40% for CBUN.DE and 0.25% for IS3R.DE.
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