CBUX.DE vs. FWEA.DE
CBUX.DE (iShares Global Infrastructure UCITS ETF USD (Acc)) and FWEA.DE (Invesco FTSE All-World UCITS ETF EUR PfHdg Acc) are both exchange-traded funds - CBUX.DE is a Utilities Equities fund tracking the FTSE Global Core Infrastructure Index, while FWEA.DE is a Global Equities fund tracking the FTSE All-World Index. Both are passively managed. Over the past 3 years, CBUX.DE returned 11.88%/yr vs 17.41%/yr for FWEA.DE. At a 0.21 correlation, their price movements are largely independent. CBUX.DE charges 0.65%/yr vs 0.20%/yr for FWEA.DE.
Performance
CBUX.DE vs. FWEA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, CBUX.DE achieves a 17.22% return, which is significantly higher than FWEA.DE's 10.39% return.
CBUX.DE
- 1D
- 0.64%
- 1M
- 4.98%
- 6M
- 14.67%
- YTD
- 17.22%
- 1Y
- 20.57%
- 3Y*
- 11.88%
- 5Y*
- —
- 10Y*
- —
FWEA.DE
- 1D
- 0.00%
- 1M
- -0.53%
- 6M
- 8.32%
- YTD
- 10.39%
- 1Y
- 21.37%
- 3Y*
- 17.41%
- 5Y*
- —
- 10Y*
- —
CBUX.DE vs. FWEA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CBUX.DE iShares Global Infrastructure UCITS ETF USD (Acc) | 17.22% | 0.75% | 14.53% | 1.74% |
FWEA.DE Invesco FTSE All-World UCITS ETF EUR PfHdg Acc | 10.39% | 17.53% | 19.21% | 8.62% |
Correlation
The correlation between CBUX.DE and FWEA.DE is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2023 | 0.21 |
The correlation between CBUX.DE and FWEA.DE shifts across timeframes, from -0.03 (1 year) to 0.21 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CBUX.DE vs. FWEA.DE — Risk / Return Rank
CBUX.DE
FWEA.DE
CBUX.DE vs. FWEA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Infrastructure UCITS ETF USD (Acc) (CBUX.DE) and Invesco FTSE All-World UCITS ETF EUR PfHdg Acc (FWEA.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CBUX.DE | FWEA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.14 | ||
| Sortino ratioReturn per unit of downside risk | +0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.33 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 4.85 | 2.58 | +2.27 |
| Martin ratioReturn relative to average drawdown | 11.03 | 10.49 | +0.54 |
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Drawdowns
CBUX.DE vs. FWEA.DE - Drawdown Comparison
The maximum CBUX.DE drawdown since its inception was -14.96%, smaller than the maximum FWEA.DE drawdown of -17.48%. Use the drawdown chart below to compare losses from any high point for CBUX.DE and FWEA.DE.
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Drawdown Indicators
| CBUX.DE | FWEA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.96% | -17.48% | +2.52% |
Max Drawdown (1Y)Largest decline over 1 year | -4.22% | -8.28% | +4.06% |
Max Drawdown (3Y)Largest decline over 3 years | -14.96% | -17.48% | +2.52% |
Current DrawdownCurrent decline from peak | 0.00% | -1.04% | +1.04% |
Average DrawdownAverage peak-to-trough decline | -3.71% | -1.85% | -1.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.86% | 2.04% | -0.18% |
Volatility
CBUX.DE vs. FWEA.DE - Volatility Comparison
The current volatility for iShares Global Infrastructure UCITS ETF USD (Acc) (CBUX.DE) is 2.39%, while Invesco FTSE All-World UCITS ETF EUR PfHdg Acc (FWEA.DE) has a volatility of 3.09%. This indicates that CBUX.DE experiences smaller price fluctuations and is considered to be less risky than FWEA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CBUX.DE | FWEA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.39% | 3.09% | -0.70% |
Volatility (6M)Calculated over the trailing 6-month period | 8.80% | 9.60% | -0.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.72% | 12.00% | -1.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.93% | 12.73% | -0.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.93% | 12.73% | -0.80% |
CBUX.DE vs. FWEA.DE - Expense Ratio Comparison
CBUX.DE has a 0.65% expense ratio, which is higher than FWEA.DE's 0.20% expense ratio.
Dividends
CBUX.DE vs. FWEA.DE - Dividend Comparison
Neither CBUX.DE nor FWEA.DE has paid dividends to shareholders.
Frequently Asked Questions
CBUX.DE and FWEA.DE have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FWEA.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FWEA.DE is cheaper with a 0.20% expense ratio, compared with 0.65% for CBUX.DE.
CBUX.DE is categorized as Utilities Equities, while FWEA.DE is Global Equities. CBUX.DE tracks FTSE Global Core Infrastructure Index, while FWEA.DE tracks FTSE All-World Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.65% for CBUX.DE and 0.20% for FWEA.DE.
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