CYBE.AS vs. WITS.AS
CYBE.AS (iShares China CNY Bond UCITS ETF EUR Hedged Acc) and WITS.AS (iShares MSCI World Information Technology Sector ESG UCITS ETF) are both exchange-traded funds - CYBE.AS is a Emerging Markets Bonds fund tracking the Bloomberg China Treasury + Policy Bank Index, while WITS.AS is a Technology Equities fund tracking the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 5 years, CYBE.AS returned 3.85%/yr vs 21.50%/yr for WITS.AS. At a 0.02 correlation, their price movements are largely independent. CYBE.AS charges 0.40%/yr vs 0.25%/yr for WITS.AS.
Performance
CYBE.AS vs. WITS.AS - Performance Comparison
Loading charts...
Different Trading Currencies
CYBE.AS is traded in EUR, while WITS.AS is traded in USD. To make them comparable, the WITS.AS values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, CYBE.AS achieves a 1.79% return, which is significantly lower than WITS.AS's 25.11% return.
CYBE.AS
- 1D
- 0.07%
- 1M
- 0.63%
- YTD
- 1.79%
- 6M
- 1.92%
- 1Y
- 1.75%
- 3Y*
- 5.12%
- 5Y*
- 3.85%
- 10Y*
- —
WITS.AS
- 1D
- -1.66%
- 1M
- 15.19%
- YTD
- 25.11%
- 6M
- 23.41%
- 1Y
- 45.46%
- 3Y*
- 28.16%
- 5Y*
- 21.50%
- 10Y*
- —
CYBE.AS vs. WITS.AS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CYBE.AS iShares China CNY Bond UCITS ETF EUR Hedged Acc | 1.79% | 0.34% | 10.03% | 5.64% | 0.42% | 1.99% |
WITS.AS iShares MSCI World Information Technology Sector ESG UCITS ETF | 25.11% | 7.87% | 36.46% | 55.38% | -29.14% | 38.47% |
Correlation
The correlation between CYBE.AS and WITS.AS is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Mar 9, 2021 | 0.02 |
The correlation between CYBE.AS and WITS.AS shifts across timeframes, from -0.12 (1 year) to 0.03 (5 years), reflecting how their relationship changes across market environments.
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
CYBE.AS vs. WITS.AS — Risk / Return Rank
CYBE.AS
WITS.AS
CYBE.AS vs. WITS.AS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares China CNY Bond UCITS ETF EUR Hedged Acc (CYBE.AS) and iShares MSCI World Information Technology Sector ESG UCITS ETF (WITS.AS). 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.
| CYBE.AS | WITS.AS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.52 | ||
| Sortino ratioReturn per unit of downside risk | -1.87 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.38 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.58 | 2.95 | -1.36 |
| Martin ratioReturn relative to average drawdown | 3.03 | 7.83 | -4.80 |
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
| CYBE.AS | WITS.AS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.69 | 2.21 | -1.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.77 | 0.91 | +0.86 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.78 | 1.00 | +0.79 |
Drawdowns
CYBE.AS vs. WITS.AS - Drawdown Comparison
The maximum CYBE.AS drawdown since its inception was -1.81%, smaller than the maximum WITS.AS drawdown of -31.15%. Use the drawdown chart below to compare losses from any high point for CYBE.AS and WITS.AS.
Loading charts...
Drawdown Indicators
| CYBE.AS | WITS.AS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.81% | -31.15% | +29.34% |
Max Drawdown (1Y)Largest decline over 1 year | -1.09% | -15.21% | +14.12% |
Max Drawdown (3Y)Largest decline over 3 years | -1.81% | -28.65% | +26.84% |
Max Drawdown (5Y)Largest decline over 5 years | -1.81% | -30.51% | +28.70% |
Current DrawdownCurrent decline from peak | -0.62% | -1.98% | +1.36% |
Average DrawdownAverage peak-to-trough decline | -0.42% | -7.79% | +7.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.58% | 5.76% | -5.18% |
Volatility
CYBE.AS vs. WITS.AS - Volatility Comparison
The current volatility for iShares China CNY Bond UCITS ETF EUR Hedged Acc (CYBE.AS) is 1.41%, while iShares MSCI World Information Technology Sector ESG UCITS ETF (WITS.AS) has a volatility of 7.10%. This indicates that CYBE.AS experiences smaller price fluctuations and is considered to be less risky than WITS.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CYBE.AS | WITS.AS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.41% | 7.10% | -5.69% |
Volatility (6M)Calculated over the trailing 6-month period | 2.16% | 15.44% | -13.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.51% | 20.25% | -17.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.22% | 23.32% | -21.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.20% | 24.25% | -22.05% |
CYBE.AS vs. WITS.AS - Expense Ratio Comparison
CYBE.AS has a 0.40% expense ratio, which is higher than WITS.AS's 0.25% expense ratio.
Dividends
CYBE.AS vs. WITS.AS - Dividend Comparison
CYBE.AS has not paid dividends to shareholders, while WITS.AS's dividend yield for the trailing twelve months is around 0.25%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
CYBE.AS iShares China CNY Bond UCITS ETF EUR Hedged Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WITS.AS iShares MSCI World Information Technology Sector ESG UCITS ETF | 0.25% | 0.31% | 0.38% | 0.46% | 0.81% | 0.41% | 0.73% | 0.12% |
Frequently Asked Questions
CYBE.AS and WITS.AS have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WITS.AS is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WITS.AS is cheaper with a 0.25% expense ratio, compared with 0.40% for CYBE.AS.
CYBE.AS is categorized as Emerging Markets Bonds, while WITS.AS is Technology Equities. CYBE.AS tracks Bloomberg China Treasury + Policy Bank Index, while WITS.AS tracks MSCI World/Information Tech NR USD. Their fees differ too: 0.40% for CYBE.AS and 0.25% for WITS.AS.
Find the right allocation for CYBE.AS and WITS.AS
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