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CBUS.DE vs. D5BC.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

CBUS.DE vs. D5BC.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Core UK Gilts UCITS ETF (EUR Hedged) Dist (CBUS.DE) and Xtrackers II Germany Government Bond 1-3 UCITS ETF (D5BC.DE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, CBUS.DE achieves a -1.94% return, which is significantly lower than D5BC.DE's 0.01% return.


CBUS.DE

1D
0.20%
1M
0.46%
YTD
-1.94%
6M
-1.87%
1Y
0.16%
3Y*
0.65%
5Y*
10Y*

D5BC.DE

1D
0.03%
1M
0.03%
YTD
0.01%
6M
0.07%
1Y
0.64%
3Y*
2.03%
5Y*
0.22%
10Y*
-0.22%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CBUS.DE vs. D5BC.DE - Yearly Performance Comparison


2026 (YTD)2025202420232022
CBUS.DE
iShares Core UK Gilts UCITS ETF (EUR Hedged) Dist
-1.94%3.15%-5.02%2.14%5.57%
D5BC.DE
Xtrackers II Germany Government Bond 1-3 UCITS ETF
0.01%1.69%2.24%2.60%-0.86%

Correlation

The correlation between CBUS.DE and D5BC.DE is 0.62, 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

0.62

Correlation (3Y)
Calculated over the trailing 3-year period

0.57

Correlation (All Time)
Calculated using the full available price history since Oct 10, 2022

0.58

The correlation between CBUS.DE and D5BC.DE has been stable across timeframes, ranging from 0.57 to 0.62 - a consistent structural relationship.

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Return for Risk

CBUS.DE vs. D5BC.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CBUS.DE
CBUS.DE Risk / Return Rank: 99
Overall Rank
CBUS.DE Sharpe Ratio Rank: 99
Sharpe Ratio Rank
CBUS.DE Sortino Ratio Rank: 88
Sortino Ratio Rank
CBUS.DE Omega Ratio Rank: 88
Omega Ratio Rank
CBUS.DE Calmar Ratio Rank: 99
Calmar Ratio Rank
CBUS.DE Martin Ratio Rank: 99
Martin Ratio Rank

D5BC.DE
D5BC.DE Risk / Return Rank: 1616
Overall Rank
D5BC.DE Sharpe Ratio Rank: 1616
Sharpe Ratio Rank
D5BC.DE Sortino Ratio Rank: 1515
Sortino Ratio Rank
D5BC.DE Omega Ratio Rank: 1616
Omega Ratio Rank
D5BC.DE Calmar Ratio Rank: 1515
Calmar Ratio Rank
D5BC.DE Martin Ratio Rank: 1616
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CBUS.DE vs. D5BC.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core UK Gilts UCITS ETF (EUR Hedged) Dist (CBUS.DE) and Xtrackers II Germany Government Bond 1-3 UCITS ETF (D5BC.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.


CBUS.DED5BC.DEDifference
Sharpe ratioReturn per unit of total volatility

-0.43

Sortino ratioReturn per unit of downside risk

-0.60

Omega ratioGain probability vs. loss probability

1.01

1.09

-0.08

Calmar ratioReturn relative to maximum drawdown

0.02

0.46

-0.44

Martin ratioReturn relative to average drawdown

0.04

1.39

-1.35

CBUS.DE vs. D5BC.DE - Sharpe Ratio Comparison

The current CBUS.DE Sharpe Ratio is 0.01, which is lower than the D5BC.DE Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of CBUS.DE and D5BC.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


CBUS.DED5BC.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.01

0.45

-0.43

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.14

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.18

Sharpe Ratio (All Time)

Calculated using the full available price history

0.12

0.14

-0.02

Drawdowns

CBUS.DE vs. D5BC.DE - Drawdown Comparison

The maximum CBUS.DE drawdown since its inception was -12.79%, which is greater than D5BC.DE's maximum drawdown of -9.22%. Use the drawdown chart below to compare losses from any high point for CBUS.DE and D5BC.DE.


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Drawdown Indicators


CBUS.DED5BC.DEDifference

Max Drawdown

Largest peak-to-trough decline

-12.79%

-9.22%

-3.57%

Max Drawdown (1Y)

Largest decline over 1 year

-5.66%

-1.08%

-4.58%

Max Drawdown (3Y)

Largest decline over 3 years

-7.48%

-1.08%

-6.40%

Max Drawdown (5Y)

Largest decline over 5 years

-6.12%

Max Drawdown (10Y)

Largest decline over 10 years

-9.22%

Current Drawdown

Current decline from peak

-7.94%

-2.33%

-5.61%

Average Drawdown

Average peak-to-trough decline

-7.22%

-2.32%

-4.90%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.18%

0.36%

+1.82%

Volatility

CBUS.DE vs. D5BC.DE - Volatility Comparison

iShares Core UK Gilts UCITS ETF (EUR Hedged) Dist (CBUS.DE) has a higher volatility of 2.39% compared to Xtrackers II Germany Government Bond 1-3 UCITS ETF (D5BC.DE) at 0.42%. This indicates that CBUS.DE's price experiences larger fluctuations and is considered to be riskier than D5BC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


CBUS.DED5BC.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.39%

0.42%

+1.97%

Volatility (6M)

Calculated over the trailing 6-month period

4.93%

1.01%

+3.92%

Volatility (1Y)

Calculated over the trailing 1-year period

6.13%

1.11%

+5.02%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

8.34%

1.57%

+6.77%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

8.34%

1.21%

+7.13%

CBUS.DE vs. D5BC.DE - Expense Ratio Comparison

CBUS.DE has a 0.09% expense ratio, which is lower than D5BC.DE's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Dividends

CBUS.DE vs. D5BC.DE - Dividend Comparison

CBUS.DE's dividend yield for the trailing twelve months is around 4.52%, more than D5BC.DE's 1.26% yield.


PositionTTM20252024202320222021202020192018201720162015
CBUS.DE
iShares Core UK Gilts UCITS ETF (EUR Hedged) Dist
4.52%4.23%3.74%2.40%0.13%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
D5BC.DE
Xtrackers II Germany Government Bond 1-3 UCITS ETF
1.26%1.05%0.35%0.62%1.27%0.76%0.00%0.00%0.47%0.00%0.46%0.54%

Frequently Asked Questions


CBUS.DE and D5BC.DE have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, CBUS.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

CBUS.DE is cheaper with a 0.09% expense ratio, compared with 0.15% for D5BC.DE.

CBUS.DE tracks FTSE Actuaries UK Conventional Gilts All Stocks (EUR Hedged), while D5BC.DE tracks iBoxx® EUR Germany 1-3. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.09% for CBUS.DE and 0.15% for D5BC.DE.

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