FWEA.DE vs. CBUH.DE
FWEA.DE (Invesco FTSE All-World UCITS ETF EUR PfHdg Acc) and CBUH.DE (iShares MSCI World Momentum Factor ESG UCITS ETF USD Acc) are both exchange-traded funds - FWEA.DE is a Global Equities fund tracking the FTSE All-World Index, while CBUH.DE is a Momentum fund tracking the MSCI World Momentum ESG Reduced Carbon Target Select. Both are passively managed. Over the past 3 years, FWEA.DE returned 16.41%/yr vs 21.71%/yr for CBUH.DE. Their 0.77 correlation means they have sometimes moved together and sometimes differently. FWEA.DE charges 0.20%/yr vs 0.30%/yr for CBUH.DE.
Performance
FWEA.DE vs. CBUH.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FWEA.DE achieves a 8.45% return, which is significantly lower than CBUH.DE's 22.82% return.
FWEA.DE
- 1D
- 0.00%
- 1M
- -0.44%
- 6M
- 6.99%
- YTD
- 8.45%
- 1Y
- 17.87%
- 3Y*
- 16.41%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 17.68%
CBUH.DE
- 1D
- -0.14%
- 1M
- -1.67%
- 6M
- 18.49%
- YTD
- 22.82%
- 1Y
- 31.04%
- 3Y*
- 21.71%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 10.95%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| €571.78K | €483.86K | €928.54K | |
| €57.66K | €54.90K | €103.47K |
FWEA.DE vs. CBUH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
FWEA.DE Invesco FTSE All-World UCITS ETF EUR PfHdg Acc | 8.45% | 17.53% | 19.21% | 8.62% |
CBUH.DE iShares MSCI World Momentum Factor ESG UCITS ETF USD Acc | 22.82% | 7.89% | 28.81% | 8.12% |
Correlation
The correlation between FWEA.DE and CBUH.DE is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.76 |
Correlation (3Y) Balances recent behavior with more history. | 0.77 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2023 | 0.77 |
The correlation between FWEA.DE and CBUH.DE has been stable across timeframes, ranging from 0.76 to 0.77 - 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
FWEA.DE vs. CBUH.DE — Risk / Return Rank
FWEA.DE
CBUH.DE
FWEA.DE vs. CBUH.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco FTSE All-World UCITS ETF EUR PfHdg Acc (FWEA.DE) and iShares MSCI World Momentum Factor ESG UCITS ETF USD Acc (CBUH.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.
| FWEA.DE | CBUH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.39 | ||
| Sortino ratioReturn per unit of downside risk | -0.53 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.34 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.15 | 3.30 | -1.15 |
| Martin ratioReturn relative to average drawdown | 8.63 | 12.66 | -4.03 |
Loading charts...
Drawdowns
FWEA.DE vs. CBUH.DE - Drawdown Comparison
The maximum FWEA.DE drawdown since its inception was -17.48%, smaller than the maximum CBUH.DE drawdown of -22.65%. Use the drawdown chart below to compare losses from any high point for FWEA.DE and CBUH.DE.
Loading charts...
Drawdown Indicators
| FWEA.DE | CBUH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.48% | -22.65% | +5.17% |
Max Drawdown (1Y)Largest decline over 1 year | -8.28% | -9.51% | +1.23% |
Max Drawdown (3Y)Largest decline over 3 years | -17.48% | -22.65% | +5.17% |
Current DrawdownCurrent decline from peak | -2.77% | -3.82% | +1.05% |
Average DrawdownAverage peak-to-trough decline | -1.85% | -8.41% | +6.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.06% | 2.48% | -0.42% |
Volatility
FWEA.DE vs. CBUH.DE - Volatility Comparison
The current volatility for Invesco FTSE All-World UCITS ETF EUR PfHdg Acc (FWEA.DE) is 3.25%, while iShares MSCI World Momentum Factor ESG UCITS ETF USD Acc (CBUH.DE) has a volatility of 4.63%. This indicates that FWEA.DE experiences smaller price fluctuations and is considered to be less risky than CBUH.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FWEA.DE | CBUH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.25% | 4.63% | -1.38% |
Volatility (6M)Calculated over the trailing 6-month period | 9.76% | 13.96% | -4.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.10% | 16.82% | -4.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.74% | 17.01% | -4.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.74% | 17.01% | -4.27% |
FWEA.DE vs. CBUH.DE - Expense Ratio Comparison
FWEA.DE has a 0.20% expense ratio, which is lower than CBUH.DE's 0.30% expense ratio.
Dividends
FWEA.DE vs. CBUH.DE - Dividend Comparison
Neither FWEA.DE nor CBUH.DE has paid dividends to shareholders.
Frequently Asked Questions
FWEA.DE and CBUH.DE have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FWEA.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FWEA.DE is cheaper with a 0.20% expense ratio, compared with 0.30% for CBUH.DE.
FWEA.DE is categorized as Global Equities, while CBUH.DE is Momentum. FWEA.DE tracks FTSE All-World Index, while CBUH.DE tracks MSCI World Momentum ESG Reduced Carbon Target Select. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.20% for FWEA.DE and 0.30% for CBUH.DE.
Find the right allocation for FWEA.DE and CBUH.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