EUNM.DE vs. CBUN.DE
EUNM.DE (iShares MSCI EM UCITS ETF (Acc)) and CBUN.DE (iShares Digital Entertainment and Education UCITS ETF USD (Acc)) are both exchange-traded funds - EUNM.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets, while CBUN.DE is a Technology Equities fund tracking the STOXX® Global Digital Entertainment and Education. Both are passively managed. Over the past 3 years, EUNM.DE returned 20.75%/yr vs 29.59%/yr for CBUN.DE. A 0.67 correlation means they provide meaningful diversification when combined. EUNM.DE charges 0.18%/yr vs 0.40%/yr for CBUN.DE.
Performance
EUNM.DE vs. CBUN.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with EUNM.DE having a 27.21% return and CBUN.DE slightly higher at 27.45%.
EUNM.DE
- 1D
- -1.60%
- 1M
- 3.61%
- YTD
- 27.21%
- 6M
- 27.83%
- 1Y
- 48.65%
- 3Y*
- 20.75%
- 5Y*
- 8.41%
- 10Y*
- 9.83%
CBUN.DE
- 1D
- -1.30%
- 1M
- 12.33%
- YTD
- 27.45%
- 6M
- 25.10%
- 1Y
- 32.37%
- 3Y*
- 29.59%
- 5Y*
- —
- 10Y*
- —
EUNM.DE vs. CBUN.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
EUNM.DE iShares MSCI EM UCITS ETF (Acc) | 27.21% | 19.18% | 14.09% | 5.71% | -8.57% |
CBUN.DE iShares Digital Entertainment and Education UCITS ETF USD (Acc) | 27.45% | 9.37% | 36.98% | 46.88% | -9.11% |
Correlation
The correlation between EUNM.DE and CBUN.DE is 0.73, 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 | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Jul 8, 2022 | 0.67 |
The correlation between EUNM.DE and CBUN.DE has been stable across timeframes, ranging from 0.67 to 0.73 - a consistent structural relationship.
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Return for Risk
EUNM.DE vs. CBUN.DE — Risk / Return Rank
EUNM.DE
CBUN.DE
EUNM.DE vs. CBUN.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM UCITS ETF (Acc) (EUNM.DE) and iShares Digital Entertainment and Education UCITS ETF USD (Acc) (CBUN.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.
| EUNM.DE | CBUN.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.11 | ||
| Sortino ratioReturn per unit of downside risk | +1.35 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.29 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 4.72 | 1.85 | +2.87 |
| Martin ratioReturn relative to average drawdown | 17.07 | 4.12 | +12.95 |
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
| EUNM.DE | CBUN.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.78 | 1.66 | +1.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 1.31 | -0.92 |
Drawdowns
EUNM.DE vs. CBUN.DE - Drawdown Comparison
The maximum EUNM.DE drawdown since its inception was -35.91%, which is greater than CBUN.DE's maximum drawdown of -25.59%. Use the drawdown chart below to compare losses from any high point for EUNM.DE and CBUN.DE.
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Drawdown Indicators
| EUNM.DE | CBUN.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.91% | -25.59% | -10.32% |
Max Drawdown (1Y)Largest decline over 1 year | -10.46% | -17.83% | +7.37% |
Max Drawdown (3Y)Largest decline over 3 years | -19.01% | -25.59% | +6.58% |
Max Drawdown (5Y)Largest decline over 5 years | -23.62% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -31.86% | — | — |
Current DrawdownCurrent decline from peak | -2.61% | -1.91% | -0.70% |
Average DrawdownAverage peak-to-trough decline | -10.55% | -5.25% | -5.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.90% | 8.01% | -5.11% |
Volatility
EUNM.DE vs. CBUN.DE - Volatility Comparison
iShares MSCI EM UCITS ETF (Acc) (EUNM.DE) and iShares Digital Entertainment and Education UCITS ETF USD (Acc) (CBUN.DE) have volatilities of 7.30% and 7.08%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EUNM.DE | CBUN.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.30% | 7.08% | +0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 14.98% | 15.34% | -0.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.80% | 19.80% | -2.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.70% | 20.47% | -3.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.19% | 20.47% | -2.28% |
EUNM.DE vs. CBUN.DE - Expense Ratio Comparison
EUNM.DE has a 0.18% expense ratio, which is lower than CBUN.DE's 0.40% expense ratio.
Dividends
EUNM.DE vs. CBUN.DE - Dividend Comparison
Neither EUNM.DE nor CBUN.DE has paid dividends to shareholders.
Frequently Asked Questions
EUNM.DE and CBUN.DE have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUNM.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUNM.DE is cheaper with a 0.18% expense ratio, compared with 0.40% for CBUN.DE.
EUNM.DE is categorized as Emerging Markets Equities, while CBUN.DE is Technology Equities. EUNM.DE tracks MSCI Emerging Markets, while CBUN.DE tracks STOXX® Global Digital Entertainment and Education. Their fees differ too: 0.18% for EUNM.DE and 0.40% for CBUN.DE.
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