ECLM.DE vs. CBUI.DE
ECLM.DE (HANetf iClima Global Decarbonisation Enablers UCITS ETF) and CBUI.DE (iShares MSCI World Value Factor ESG UCITS ETF USD Acc) are both Global Equities funds - ECLM.DE tracks the iClima Global Decarbonisation Enablers while CBUI.DE tracks the MSCI World Value ESG Reduced Carbon Target Select. Both are passively managed. Over the past 3 years, ECLM.DE returned 4.30%/yr vs 21.76%/yr for CBUI.DE. A 0.75 correlation means they provide meaningful diversification when combined. ECLM.DE charges 0.65%/yr vs 0.30%/yr for CBUI.DE.
Performance
ECLM.DE vs. CBUI.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ECLM.DE achieves a 18.15% return, which is significantly lower than CBUI.DE's 20.05% return.
ECLM.DE
- 1D
- -1.47%
- 1M
- 5.70%
- YTD
- 18.15%
- 6M
- 17.28%
- 1Y
- 37.06%
- 3Y*
- 4.30%
- 5Y*
- -0.34%
- 10Y*
- —
CBUI.DE
- 1D
- 0.22%
- 1M
- 8.37%
- YTD
- 20.05%
- 6M
- 22.81%
- 1Y
- 44.12%
- 3Y*
- 21.76%
- 5Y*
- —
- 10Y*
- —
ECLM.DE vs. CBUI.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ECLM.DE HANetf iClima Global Decarbonisation Enablers UCITS ETF | 18.15% | 12.83% | -11.47% | 1.02% | -23.37% | -4.56% |
CBUI.DE iShares MSCI World Value Factor ESG UCITS ETF USD Acc | 20.05% | 20.98% | 13.82% | 15.94% | -6.30% | 6.27% |
Correlation
The correlation between ECLM.DE and CBUI.DE is 0.71, 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 | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Nov 1, 2021 | 0.75 |
The correlation between ECLM.DE and CBUI.DE has been stable across timeframes, ranging from 0.71 to 0.75 - a consistent structural relationship.
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Return for Risk
ECLM.DE vs. CBUI.DE — Risk / Return Rank
ECLM.DE
CBUI.DE
ECLM.DE vs. CBUI.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HANetf iClima Global Decarbonisation Enablers UCITS ETF (ECLM.DE) and iShares MSCI World Value Factor ESG UCITS ETF USD Acc (CBUI.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.
| ECLM.DE | CBUI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.12 | ||
| Sortino ratioReturn per unit of downside risk | -2.71 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.60 | -0.28 |
| Calmar ratioReturn relative to maximum drawdown | 1.87 | 6.92 | -5.06 |
| Martin ratioReturn relative to average drawdown | 3.63 | 26.41 | -22.79 |
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
| ECLM.DE | CBUI.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.29 | 3.41 | -2.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.01 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.10 | 1.05 | -0.96 |
Drawdowns
ECLM.DE vs. CBUI.DE - Drawdown Comparison
The maximum ECLM.DE drawdown since its inception was -49.88%, which is greater than CBUI.DE's maximum drawdown of -19.48%. Use the drawdown chart below to compare losses from any high point for ECLM.DE and CBUI.DE.
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Drawdown Indicators
| ECLM.DE | CBUI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.88% | -19.48% | -30.40% |
Max Drawdown (1Y)Largest decline over 1 year | -19.77% | -6.34% | -13.43% |
Max Drawdown (3Y)Largest decline over 3 years | -36.17% | -19.48% | -16.69% |
Max Drawdown (5Y)Largest decline over 5 years | -49.88% | — | — |
Current DrawdownCurrent decline from peak | -16.23% | -0.22% | -16.01% |
Average DrawdownAverage peak-to-trough decline | -24.19% | -3.23% | -20.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.19% | 1.67% | +8.52% |
Volatility
ECLM.DE vs. CBUI.DE - Volatility Comparison
HANetf iClima Global Decarbonisation Enablers UCITS ETF (ECLM.DE) has a higher volatility of 6.50% compared to iShares MSCI World Value Factor ESG UCITS ETF USD Acc (CBUI.DE) at 3.73%. This indicates that ECLM.DE's price experiences larger fluctuations and is considered to be riskier than CBUI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ECLM.DE | CBUI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.50% | 3.73% | +2.77% |
Volatility (6M)Calculated over the trailing 6-month period | 13.35% | 9.76% | +3.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.64% | 12.88% | +15.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.04% | 14.21% | +8.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.35% | 14.21% | +9.14% |
ECLM.DE vs. CBUI.DE - Expense Ratio Comparison
ECLM.DE has a 0.65% expense ratio, which is higher than CBUI.DE's 0.30% expense ratio.
Dividends
ECLM.DE vs. CBUI.DE - Dividend Comparison
Neither ECLM.DE nor CBUI.DE has paid dividends to shareholders.
Frequently Asked Questions
ECLM.DE and CBUI.DE have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CBUI.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CBUI.DE is cheaper with a 0.30% expense ratio, compared with 0.65% for ECLM.DE.
ECLM.DE tracks iClima Global Decarbonisation Enablers, while CBUI.DE tracks MSCI World Value ESG Reduced Carbon Target Select. They also come from different issuers: HANetf and iShares. Their fees differ too: 0.65% for ECLM.DE and 0.30% for CBUI.DE.
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