EMWE.DE vs. CBUG.DE
EMWE.DE (BNP Paribas Easy MSCI World SRI S-Series PAB 5% Capped UCITS ETF EUR Acc) and CBUG.DE (iShares USD Treasury Bond 3-7yr UCITS ETF GBP hedged (Dist)) are both Global Equities funds - EMWE.DE tracks the MSCI World SRI S-Series PAB 5% Capped while CBUG.DE tracks the MSCI ACWI SMID NR USD. Both are passively managed. Over the past 3 years, EMWE.DE returned 11.12%/yr vs 15.67%/yr for CBUG.DE. Their correlation of 0.86 suggests significant overlap in exposure. EMWE.DE charges 0.25%/yr vs 0.10%/yr for CBUG.DE.
Performance
EMWE.DE vs. CBUG.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EMWE.DE achieves a 10.56% return, which is significantly lower than CBUG.DE's 18.13% return.
EMWE.DE
- 1D
- 0.17%
- 1M
- 3.17%
- YTD
- 10.56%
- 6M
- 10.98%
- 1Y
- 16.72%
- 3Y*
- 11.12%
- 5Y*
- 8.09%
- 10Y*
- —
CBUG.DE
- 1D
- 0.65%
- 1M
- 4.21%
- YTD
- 18.13%
- 6M
- 18.13%
- 1Y
- 33.69%
- 3Y*
- 15.67%
- 5Y*
- —
- 10Y*
- —
EMWE.DE vs. CBUG.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
EMWE.DE BNP Paribas Easy MSCI World SRI S-Series PAB 5% Capped UCITS ETF EUR Acc | 10.56% | 0.19% | 15.43% | 14.91% | -16.13% | 2.53% |
CBUG.DE iShares USD Treasury Bond 3-7yr UCITS ETF GBP hedged (Dist) | 18.13% | 6.50% | 13.10% | 11.25% | -14.07% | 2.02% |
Correlation
The correlation between EMWE.DE and CBUG.DE is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Dec 14, 2021 | 0.86 |
The correlation between EMWE.DE and CBUG.DE has been stable across timeframes, ranging from 0.83 to 0.86 - 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
EMWE.DE vs. CBUG.DE — Risk / Return Rank
EMWE.DE
CBUG.DE
EMWE.DE vs. CBUG.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy MSCI World SRI S-Series PAB 5% Capped UCITS ETF EUR Acc (EMWE.DE) and iShares USD Treasury Bond 3-7yr UCITS ETF GBP hedged (Dist) (CBUG.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.
| EMWE.DE | CBUG.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.00 | ||
| Sortino ratioReturn per unit of downside risk | -1.36 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.43 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.99 | 4.63 | -2.64 |
| Martin ratioReturn relative to average drawdown | 7.20 | 17.68 | -10.49 |
Loading charts...
Drawdowns
EMWE.DE vs. CBUG.DE - Drawdown Comparison
The maximum EMWE.DE drawdown since its inception was -92.00%, which is greater than CBUG.DE's maximum drawdown of -24.57%. Use the drawdown chart below to compare losses from any high point for EMWE.DE and CBUG.DE.
Loading charts...
Drawdown Indicators
| EMWE.DE | CBUG.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.00% | -24.57% | -67.43% |
Max Drawdown (1Y)Largest decline over 1 year | -8.38% | -7.24% | -1.14% |
Max Drawdown (3Y)Largest decline over 3 years | -20.01% | -24.57% | +4.56% |
Max Drawdown (5Y)Largest decline over 5 years | -20.75% | — | — |
Current DrawdownCurrent decline from peak | -79.62% | 0.00% | -79.62% |
Average DrawdownAverage peak-to-trough decline | -78.17% | -7.41% | -70.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.32% | 1.90% | +0.42% |
Volatility
EMWE.DE vs. CBUG.DE - Volatility Comparison
The current volatility for BNP Paribas Easy MSCI World SRI S-Series PAB 5% Capped UCITS ETF EUR Acc (EMWE.DE) is 2.76%, while iShares USD Treasury Bond 3-7yr UCITS ETF GBP hedged (Dist) (CBUG.DE) has a volatility of 3.37%. This indicates that EMWE.DE experiences smaller price fluctuations and is considered to be less risky than CBUG.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EMWE.DE | CBUG.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.76% | 3.37% | -0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 8.78% | 10.00% | -1.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.91% | 13.98% | -2.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.49% | 16.66% | -2.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.22% | 16.66% | +17.56% |
EMWE.DE vs. CBUG.DE - Expense Ratio Comparison
EMWE.DE has a 0.25% expense ratio, which is higher than CBUG.DE's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EMWE.DE vs. CBUG.DE - Dividend Comparison
Neither EMWE.DE nor CBUG.DE has paid dividends to shareholders.
Frequently Asked Questions
EMWE.DE and CBUG.DE have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CBUG.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CBUG.DE is cheaper with a 0.10% expense ratio, compared with 0.25% for EMWE.DE.
EMWE.DE tracks MSCI World SRI S-Series PAB 5% Capped, while CBUG.DE tracks MSCI ACWI SMID NR USD. They also come from different issuers: BNP Paribas and iShares. Their fees differ too: 0.25% for EMWE.DE and 0.10% for CBUG.DE.
Find the right allocation for EMWE.DE and CBUG.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