CBUT.DE vs. ESIT.DE
CBUT.DE (iShares Blockchain Technology UCITS ETF USD (Acc)) and ESIT.DE (iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc)) are both Technology Equities funds from iShares - CBUT.DE tracks the NYSE FactSet Global Blockchain Technologies Capped while ESIT.DE tracks the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 3 years, CBUT.DE returned 44.53%/yr vs 24.73%/yr for ESIT.DE. At a 0.47 correlation, their price movements are largely independent. CBUT.DE charges 0.50%/yr vs 0.18%/yr for ESIT.DE.
Performance
CBUT.DE vs. ESIT.DE - Performance Comparison
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Returns By Period
In the year-to-date period, CBUT.DE achieves a 26.50% return, which is significantly lower than ESIT.DE's 52.07% return.
CBUT.DE
- 1D
- -3.41%
- 1M
- 2.84%
- YTD
- 26.50%
- 6M
- 13.62%
- 1Y
- 59.61%
- 3Y*
- 44.53%
- 5Y*
- —
- 10Y*
- —
ESIT.DE
- 1D
- 0.17%
- 1M
- 17.90%
- YTD
- 52.07%
- 6M
- 48.91%
- 1Y
- 60.98%
- 3Y*
- 24.73%
- 5Y*
- 15.04%
- 10Y*
- —
CBUT.DE vs. ESIT.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CBUT.DE iShares Blockchain Technology UCITS ETF USD (Acc) | 26.50% | 13.17% | 12.43% | 235.40% | -36.41% |
ESIT.DE iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc) | 52.07% | 10.07% | 7.34% | 35.09% | 5.64% |
Correlation
The correlation between CBUT.DE and ESIT.DE is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Oct 20, 2022 | 0.47 |
The correlation between CBUT.DE and ESIT.DE has been stable across timeframes, ranging from 0.46 to 0.52 - a consistent structural relationship.
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Return for Risk
CBUT.DE vs. ESIT.DE — Risk / Return Rank
CBUT.DE
ESIT.DE
CBUT.DE vs. ESIT.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Blockchain Technology UCITS ETF USD (Acc) (CBUT.DE) and iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc) (ESIT.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.
| CBUT.DE | ESIT.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.16 | ||
| Sortino ratioReturn per unit of downside risk | -1.45 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.39 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.46 | 4.72 | -3.26 |
| Martin ratioReturn relative to average drawdown | 2.77 | 12.60 | -9.83 |
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
| CBUT.DE | ESIT.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.22 | 2.38 | -1.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.58 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.72 | -0.06 |
Drawdowns
CBUT.DE vs. ESIT.DE - Drawdown Comparison
The maximum CBUT.DE drawdown since its inception was -53.95%, which is greater than ESIT.DE's maximum drawdown of -38.33%. Use the drawdown chart below to compare losses from any high point for CBUT.DE and ESIT.DE.
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Drawdown Indicators
| CBUT.DE | ESIT.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.95% | -38.33% | -15.62% |
Max Drawdown (1Y)Largest decline over 1 year | -43.09% | -13.03% | -30.06% |
Max Drawdown (3Y)Largest decline over 3 years | -53.95% | -27.10% | -26.85% |
Max Drawdown (5Y)Largest decline over 5 years | — | -38.33% | — |
Current DrawdownCurrent decline from peak | -14.86% | -0.39% | -14.47% |
Average DrawdownAverage peak-to-trough decline | -19.96% | -12.02% | -7.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.75% | 4.90% | +17.85% |
Volatility
CBUT.DE vs. ESIT.DE - Volatility Comparison
iShares Blockchain Technology UCITS ETF USD (Acc) (CBUT.DE) has a higher volatility of 14.16% compared to iShares MSCI Europe Information Technology Sector UCITS ETF EUR (Acc) (ESIT.DE) at 10.57%. This indicates that CBUT.DE's price experiences larger fluctuations and is considered to be riskier than ESIT.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CBUT.DE | ESIT.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.16% | 10.57% | +3.59% |
Volatility (6M)Calculated over the trailing 6-month period | 36.13% | 21.01% | +15.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.55% | 25.89% | +25.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.46% | 25.75% | +34.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 60.46% | 25.30% | +35.16% |
CBUT.DE vs. ESIT.DE - Expense Ratio Comparison
CBUT.DE has a 0.50% expense ratio, which is higher than ESIT.DE's 0.18% expense ratio.
Dividends
CBUT.DE vs. ESIT.DE - Dividend Comparison
Neither CBUT.DE nor ESIT.DE has paid dividends to shareholders.
Frequently Asked Questions
CBUT.DE and ESIT.DE have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ESIT.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ESIT.DE is cheaper with a 0.18% expense ratio, compared with 0.50% for CBUT.DE.
CBUT.DE tracks NYSE FactSet Global Blockchain Technologies Capped, while ESIT.DE tracks MSCI World/Information Tech NR USD. Their fees differ too: 0.50% for CBUT.DE and 0.18% for ESIT.DE.
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