CBUS.DE vs. NQSE.DE
CBUS.DE (iShares Core UK Gilts UCITS ETF (EUR Hedged) Dist) and NQSE.DE (iShares NASDAQ 100 UCITS ETF) are both exchange-traded funds - CBUS.DE is a European Government Bonds fund tracking the FTSE Actuaries UK Conventional Gilts All Stocks (EUR Hedged), while NQSE.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 3 years, CBUS.DE returned 0.65%/yr vs 25.27%/yr for NQSE.DE. At a 0.12 correlation, their price movements are largely independent. CBUS.DE charges 0.09%/yr vs 0.33%/yr for NQSE.DE.
Performance
CBUS.DE vs. NQSE.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 NQSE.DE's 17.82% return.
CBUS.DE
- 1D
- 0.20%
- 1M
- 0.46%
- YTD
- -1.94%
- 6M
- -1.87%
- 1Y
- 0.16%
- 3Y*
- 0.65%
- 5Y*
- —
- 10Y*
- —
NQSE.DE
- 1D
- -0.77%
- 1M
- 6.66%
- YTD
- 17.82%
- 6M
- 17.09%
- 1Y
- 35.67%
- 3Y*
- 25.27%
- 5Y*
- 14.91%
- 10Y*
- —
CBUS.DE vs. NQSE.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% |
NQSE.DE iShares NASDAQ 100 UCITS ETF | 17.82% | 18.16% | 24.07% | 52.10% | -3.53% |
Correlation
The correlation between CBUS.DE and NQSE.DE is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Oct 10, 2022 | 0.12 |
The correlation between CBUS.DE and NQSE.DE shifts across timeframes, from 0.12 (all time) to 0.25 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
CBUS.DE vs. NQSE.DE — Risk / Return Rank
CBUS.DE
NQSE.DE
CBUS.DE vs. NQSE.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 iShares NASDAQ 100 UCITS ETF (NQSE.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 | NQSE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.26 | ||
| Sortino ratioReturn per unit of downside risk | -3.11 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.39 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | 0.02 | 3.08 | -3.06 |
| Martin ratioReturn relative to average drawdown | 0.04 | 10.77 | -10.73 |
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 | NQSE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.01 | 2.28 | -2.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.71 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.12 | 0.82 | -0.70 |
Drawdowns
CBUS.DE vs. NQSE.DE - Drawdown Comparison
The maximum CBUS.DE drawdown since its inception was -12.79%, smaller than the maximum NQSE.DE drawdown of -37.67%. Use the drawdown chart below to compare losses from any high point for CBUS.DE and NQSE.DE.
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Drawdown Indicators
| CBUS.DE | NQSE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.79% | -37.67% | +24.88% |
Max Drawdown (1Y)Largest decline over 1 year | -5.66% | -11.87% | +6.21% |
Max Drawdown (3Y)Largest decline over 3 years | -7.48% | -22.40% | +14.92% |
Max Drawdown (5Y)Largest decline over 5 years | — | -37.67% | — |
Current DrawdownCurrent decline from peak | -7.94% | -0.84% | -7.10% |
Average DrawdownAverage peak-to-trough decline | -7.22% | -8.56% | +1.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.18% | 3.40% | -1.22% |
Volatility
CBUS.DE vs. NQSE.DE - Volatility Comparison
The current volatility for iShares Core UK Gilts UCITS ETF (EUR Hedged) Dist (CBUS.DE) is 2.39%, while iShares NASDAQ 100 UCITS ETF (NQSE.DE) has a volatility of 4.75%. This indicates that CBUS.DE experiences smaller price fluctuations and is considered to be less risky than NQSE.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 | NQSE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.39% | 4.75% | -2.36% |
Volatility (6M)Calculated over the trailing 6-month period | 4.93% | 11.99% | -7.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.13% | 16.05% | -9.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.34% | 20.91% | -12.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.34% | 21.54% | -13.20% |
CBUS.DE vs. NQSE.DE - Expense Ratio Comparison
CBUS.DE has a 0.09% expense ratio, which is lower than NQSE.DE's 0.33% expense ratio.
Dividends
CBUS.DE vs. NQSE.DE - Dividend Comparison
CBUS.DE's dividend yield for the trailing twelve months is around 4.52%, while NQSE.DE has not paid dividends to shareholders.
| 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% |
NQSE.DE iShares NASDAQ 100 UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CBUS.DE and NQSE.DE have a correlation of 0.25, 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 0.33% for NQSE.DE.
CBUS.DE is categorized as European Government Bonds, while NQSE.DE is Nasdaq-100. CBUS.DE tracks FTSE Actuaries UK Conventional Gilts All Stocks (EUR Hedged), while NQSE.DE tracks NASDAQ-100 Index. Their fees differ too: 0.09% for CBUS.DE and 0.33% for NQSE.DE.
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