CYBU.AS vs. MJMT.DE
CYBU.AS (iShares China CNY Bond UCITS ETF USD Hedged (Dist)) and MJMT.DE (Amundi MSCI Europe Momentum Factor UCITS ETF EUR) are both exchange-traded funds - CYBU.AS is a Emerging Markets Bonds fund tracking the Bloomberg China Treasury + Policy Bank Index, while MJMT.DE is a Momentum fund tracking the MSCI Europe Momentum Index. Both are passively managed. Over the past 5 years, CYBU.AS returned 5.67%/yr vs 10.38%/yr for MJMT.DE. At a 0.00 correlation, their price movements are largely independent. CYBU.AS charges 0.40%/yr vs 0.23%/yr for MJMT.DE.
Performance
CYBU.AS vs. MJMT.DE - Performance Comparison
Loading charts...
Different Trading Currencies
CYBU.AS is traded in USD, while MJMT.DE is traded in EUR. To make them comparable, the MJMT.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, CYBU.AS achieves a 2.52% return, which is significantly lower than MJMT.DE's 6.78% return.
CYBU.AS
- 1D
- 0.05%
- 1M
- 0.73%
- YTD
- 2.52%
- 6M
- 2.81%
- 1Y
- 3.63%
- 3Y*
- 6.98%
- 5Y*
- 5.67%
- 10Y*
- —
MJMT.DE
- 1D
- 0.15%
- 1M
- 2.12%
- YTD
- 6.78%
- 6M
- 11.26%
- 1Y
- 19.55%
- 3Y*
- 23.70%
- 5Y*
- 10.38%
- 10Y*
- —
CYBU.AS vs. MJMT.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
CYBU.AS iShares China CNY Bond UCITS ETF USD Hedged (Dist) | 2.52% | 2.47% | 11.50% | 7.81% | 2.55% | 2.30% | 1.05% | 1.71% |
MJMT.DE Amundi MSCI Europe Momentum Factor UCITS ETF EUR | 6.78% | 43.64% | 13.07% | 16.61% | -20.22% | 12.46% | 21.81% | 5.12% |
Correlation
The correlation between CYBU.AS and MJMT.DE is -0.06, 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 | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Nov 5, 2019 | 0.00 |
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
CYBU.AS vs. MJMT.DE — Risk / Return Rank
CYBU.AS
MJMT.DE
CYBU.AS vs. MJMT.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares China CNY Bond UCITS ETF USD Hedged (Dist) (CYBU.AS) and Amundi MSCI Europe Momentum Factor UCITS ETF EUR (MJMT.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.
| CYBU.AS | MJMT.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.52 | ||
| Sortino ratioReturn per unit of downside risk | +0.65 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.20 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 4.95 | 1.46 | +3.49 |
| Martin ratioReturn relative to average drawdown | 12.65 | 5.24 | +7.41 |
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
| CYBU.AS | MJMT.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.57 | 1.05 | +0.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 2.20 | 0.54 | +1.66 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.82 | 0.66 | +1.16 |
Drawdowns
CYBU.AS vs. MJMT.DE - Drawdown Comparison
The maximum CYBU.AS drawdown since its inception was -4.89%, smaller than the maximum MJMT.DE drawdown of -35.51%. Use the drawdown chart below to compare losses from any high point for CYBU.AS and MJMT.DE.
Loading charts...
Drawdown Indicators
| CYBU.AS | MJMT.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.89% | -35.51% | +30.62% |
Max Drawdown (1Y)Largest decline over 1 year | -0.72% | -13.35% | +12.63% |
Max Drawdown (3Y)Largest decline over 3 years | -1.84% | -14.36% | +12.52% |
Max Drawdown (5Y)Largest decline over 5 years | -1.84% | -35.51% | +33.67% |
Current DrawdownCurrent decline from peak | -0.22% | -2.22% | +2.00% |
Average DrawdownAverage peak-to-trough decline | -1.12% | -7.24% | +6.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.28% | 3.71% | -3.43% |
Volatility
CYBU.AS vs. MJMT.DE - Volatility Comparison
The current volatility for iShares China CNY Bond UCITS ETF USD Hedged (Dist) (CYBU.AS) is 0.81%, while Amundi MSCI Europe Momentum Factor UCITS ETF EUR (MJMT.DE) has a volatility of 5.03%. This indicates that CYBU.AS experiences smaller price fluctuations and is considered to be less risky than MJMT.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CYBU.AS | MJMT.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.81% | 5.03% | -4.22% |
Volatility (6M)Calculated over the trailing 6-month period | 1.66% | 16.02% | -14.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.29% | 18.62% | -16.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.54% | 19.05% | -16.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.59% | 18.07% | -15.48% |
CYBU.AS vs. MJMT.DE - Expense Ratio Comparison
CYBU.AS has a 0.40% expense ratio, which is higher than MJMT.DE's 0.23% expense ratio.
Dividends
CYBU.AS vs. MJMT.DE - Dividend Comparison
CYBU.AS's dividend yield for the trailing twelve months is around 1.84%, while MJMT.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
CYBU.AS iShares China CNY Bond UCITS ETF USD Hedged (Dist) | 1.84% | 1.88% | 2.13% | 2.45% | 2.60% | 2.82% | 2.66% | 0.21% |
MJMT.DE Amundi MSCI Europe Momentum Factor UCITS ETF EUR | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CYBU.AS and MJMT.DE have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MJMT.DE is cheaper at 0.23% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MJMT.DE is cheaper with a 0.23% expense ratio, compared with 0.40% for CYBU.AS.
CYBU.AS is categorized as Emerging Markets Bonds, while MJMT.DE is Momentum. CYBU.AS tracks Bloomberg China Treasury + Policy Bank Index, while MJMT.DE tracks MSCI Europe Momentum Index. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.40% for CYBU.AS and 0.23% for MJMT.DE.
Find the right allocation for CYBU.AS and MJMT.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