CBUT.DE vs. VVSM.DE
CBUT.DE (iShares Blockchain Technology UCITS ETF USD (Acc)) and VVSM.DE (VanEck Semiconductor UCITS ETF) are both exchange-traded funds - CBUT.DE is a Technology Equities fund tracking the NYSE FactSet Global Blockchain Technologies Capped, while VVSM.DE is a Semiconductors fund tracking the MVIS US Listed Semiconductor 10% Capped ESG Index. Both are passively managed. Over the past 3 years, CBUT.DE returned 44.53%/yr vs 56.95%/yr for VVSM.DE. A 0.51 correlation means they provide meaningful diversification when combined. CBUT.DE charges 0.50%/yr vs 0.35%/yr for VVSM.DE.
Performance
CBUT.DE vs. VVSM.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CBUT.DE achieves a 26.50% return, which is significantly lower than VVSM.DE's 86.02% return.
CBUT.DE
- 1D
- -3.41%
- 1M
- 2.84%
- YTD
- 26.50%
- 6M
- 13.62%
- 1Y
- 59.61%
- 3Y*
- 44.53%
- 5Y*
- —
- 10Y*
- —
VVSM.DE
- 1D
- -2.77%
- 1M
- 17.60%
- YTD
- 86.02%
- 6M
- 84.42%
- 1Y
- 162.55%
- 3Y*
- 56.95%
- 5Y*
- 38.05%
- 10Y*
- —
CBUT.DE vs. VVSM.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% |
VVSM.DE VanEck Semiconductor UCITS ETF | 86.02% | 33.22% | 31.47% | 70.16% | 4.68% |
Correlation
The correlation between CBUT.DE and VVSM.DE is 0.58, 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 | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Oct 20, 2022 | 0.51 |
The correlation between CBUT.DE and VVSM.DE has been stable across timeframes, ranging from 0.49 to 0.58 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CBUT.DE vs. VVSM.DE — Risk / Return Rank
CBUT.DE
VVSM.DE
CBUT.DE vs. VVSM.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 VanEck Semiconductor UCITS ETF (VVSM.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 | VVSM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.95 | ||
| Sortino ratioReturn per unit of downside risk | -3.53 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.68 | -0.47 |
| Calmar ratioReturn relative to maximum drawdown | 1.46 | 14.16 | -12.71 |
| Martin ratioReturn relative to average drawdown | 2.77 | 48.94 | -46.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CBUT.DE | VVSM.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.22 | 5.17 | -3.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.21 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 1.24 | -0.57 |
Drawdowns
CBUT.DE vs. VVSM.DE - Drawdown Comparison
The maximum CBUT.DE drawdown since its inception was -53.95%, which is greater than VVSM.DE's maximum drawdown of -37.64%. Use the drawdown chart below to compare losses from any high point for CBUT.DE and VVSM.DE.
Loading charts...
Drawdown Indicators
| CBUT.DE | VVSM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.95% | -37.64% | -16.31% |
Max Drawdown (1Y)Largest decline over 1 year | -43.09% | -11.65% | -31.44% |
Max Drawdown (3Y)Largest decline over 3 years | -53.95% | -37.53% | -16.42% |
Max Drawdown (5Y)Largest decline over 5 years | — | -37.64% | — |
Current DrawdownCurrent decline from peak | -14.86% | -2.77% | -12.09% |
Average DrawdownAverage peak-to-trough decline | -19.96% | -10.22% | -9.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.75% | 3.38% | +19.37% |
Volatility
CBUT.DE vs. VVSM.DE - Volatility Comparison
iShares Blockchain Technology UCITS ETF USD (Acc) (CBUT.DE) has a higher volatility of 14.16% compared to VanEck Semiconductor UCITS ETF (VVSM.DE) at 12.04%. This indicates that CBUT.DE's price experiences larger fluctuations and is considered to be riskier than VVSM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CBUT.DE | VVSM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.16% | 12.04% | +2.12% |
Volatility (6M)Calculated over the trailing 6-month period | 36.13% | 24.35% | +11.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.55% | 31.92% | +19.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.46% | 31.15% | +29.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 60.46% | 30.81% | +29.65% |
CBUT.DE vs. VVSM.DE - Expense Ratio Comparison
CBUT.DE has a 0.50% expense ratio, which is higher than VVSM.DE's 0.35% expense ratio.
Dividends
CBUT.DE vs. VVSM.DE - Dividend Comparison
Neither CBUT.DE nor VVSM.DE has paid dividends to shareholders.
Frequently Asked Questions
CBUT.DE and VVSM.DE have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VVSM.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VVSM.DE is cheaper with a 0.35% expense ratio, compared with 0.50% for CBUT.DE.
CBUT.DE is categorized as Technology Equities, while VVSM.DE is Semiconductors. CBUT.DE tracks NYSE FactSet Global Blockchain Technologies Capped, while VVSM.DE tracks MVIS US Listed Semiconductor 10% Capped ESG Index. They also come from different issuers: iShares and VanEck. Their fees differ too: 0.50% for CBUT.DE and 0.35% for VVSM.DE.
Find the right allocation for CBUT.DE and VVSM.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer