CBUS.DE vs. EIB3.DE
CBUS.DE (iShares Core UK Gilts UCITS ETF (EUR Hedged) Dist) and EIB3.DE (Invesco Euro Government Bond 1-3 Year UCITS ETF Dist) are both European Government Bonds funds - CBUS.DE tracks the FTSE Actuaries UK Conventional Gilts All Stocks (EUR Hedged) while EIB3.DE tracks the Bloomberg Euro Government Select 1-3. Both are passively managed. Over the past 3 years, CBUS.DE returned 0.65%/yr vs 2.63%/yr for EIB3.DE. A 0.57 correlation means they provide meaningful diversification when combined. CBUS.DE charges 0.09%/yr vs 0.10%/yr for EIB3.DE.
Performance
CBUS.DE vs. EIB3.DE - Performance Comparison
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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 EIB3.DE's 0.19% return.
CBUS.DE
- 1D
- 0.20%
- 1M
- 0.46%
- YTD
- -1.94%
- 6M
- -1.87%
- 1Y
- 0.16%
- 3Y*
- 0.65%
- 5Y*
- —
- 10Y*
- —
EIB3.DE
- 1D
- 0.93%
- 1M
- 0.06%
- YTD
- 0.19%
- 6M
- 0.56%
- 1Y
- 0.95%
- 3Y*
- 2.63%
- 5Y*
- 0.63%
- 10Y*
- —
CBUS.DE vs. EIB3.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CBUS.DE iShares Core UK Gilts UCITS ETF (EUR Hedged) Dist | -1.94% | 3.15% | -5.02% | 2.14% | 5.57% |
EIB3.DE Invesco Euro Government Bond 1-3 Year UCITS ETF Dist | 0.19% | 2.14% | 3.03% | 3.39% | -0.51% |
Correlation
The correlation between CBUS.DE and EIB3.DE is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Oct 10, 2022 | 0.57 |
The correlation between CBUS.DE and EIB3.DE shifts across timeframes, from 0.43 (1 year) to 0.57 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CBUS.DE vs. EIB3.DE — Risk / Return Rank
CBUS.DE
EIB3.DE
CBUS.DE vs. EIB3.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 Invesco Euro Government Bond 1-3 Year UCITS ETF Dist (EIB3.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.DE | EIB3.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.24 | ||
| Sortino ratioReturn per unit of downside risk | -0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.06 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.02 | 0.50 | -0.49 |
| Martin ratioReturn relative to average drawdown | 0.04 | 1.50 | -1.46 |
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
| CBUS.DE | EIB3.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.01 | 0.26 | -0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.30 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.17 | -0.05 |
Drawdowns
CBUS.DE vs. EIB3.DE - Drawdown Comparison
The maximum CBUS.DE drawdown since its inception was -12.79%, which is greater than EIB3.DE's maximum drawdown of -6.78%. Use the drawdown chart below to compare losses from any high point for CBUS.DE and EIB3.DE.
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Drawdown Indicators
| CBUS.DE | EIB3.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.79% | -6.78% | -6.01% |
Max Drawdown (1Y)Largest decline over 1 year | -5.66% | -1.60% | -4.06% |
Max Drawdown (3Y)Largest decline over 3 years | -7.48% | -1.60% | -5.88% |
Max Drawdown (5Y)Largest decline over 5 years | — | -5.91% | — |
Current DrawdownCurrent decline from peak | -7.94% | -0.68% | -7.26% |
Average DrawdownAverage peak-to-trough decline | -7.22% | -2.06% | -5.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.18% | 0.54% | +1.64% |
Volatility
CBUS.DE vs. EIB3.DE - Volatility Comparison
iShares Core UK Gilts UCITS ETF (EUR Hedged) Dist (CBUS.DE) has a higher volatility of 2.39% compared to Invesco Euro Government Bond 1-3 Year UCITS ETF Dist (EIB3.DE) at 1.50%. This indicates that CBUS.DE's price experiences larger fluctuations and is considered to be riskier than EIB3.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.DE | EIB3.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.39% | 1.50% | +0.89% |
Volatility (6M)Calculated over the trailing 6-month period | 4.93% | 2.75% | +2.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.13% | 3.11% | +3.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.34% | 2.11% | +6.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.34% | 1.89% | +6.45% |
CBUS.DE vs. EIB3.DE - Expense Ratio Comparison
CBUS.DE has a 0.09% expense ratio, which is lower than EIB3.DE's 0.10% 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. EIB3.DE - Dividend Comparison
CBUS.DE's dividend yield for the trailing twelve months is around 4.52%, more than EIB3.DE's 2.41% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
CBUS.DE iShares Core UK Gilts UCITS ETF (EUR Hedged) Dist | 4.52% | 4.23% | 3.74% | 2.40% | 0.13% |
EIB3.DE Invesco Euro Government Bond 1-3 Year UCITS ETF Dist | 2.41% | 2.51% | 2.80% | 2.24% | 0.23% |
Frequently Asked Questions
CBUS.DE and EIB3.DE have a correlation of 0.43, 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 0.10% for EIB3.DE.
CBUS.DE tracks FTSE Actuaries UK Conventional Gilts All Stocks (EUR Hedged), while EIB3.DE tracks Bloomberg Euro Government Select 1-3. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.09% for CBUS.DE and 0.10% for EIB3.DE.
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