HBGD.TO vs. CBUX.DE
HBGD.TO (Global X Big Data & Hardware Index ETF) and CBUX.DE (iShares Global Infrastructure UCITS ETF USD (Acc)) are both exchange-traded funds - HBGD.TO is a Global Equities fund managed by Global X, while CBUX.DE is a Utilities Equities fund tracking the FTSE Global Core Infrastructure Index. Over the past 3 years, HBGD.TO returned 67.20%/yr vs 12.76%/yr for CBUX.DE. At a correlation of -0.00, they often move in opposite directions. HBGD.TO charges 0.64%/yr vs 0.65%/yr for CBUX.DE.
Performance
HBGD.TO vs. CBUX.DE - Performance Comparison
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Different Trading Currencies
HBGD.TO is traded in CAD, while CBUX.DE is traded in EUR. To make them comparable, the CBUX.DE values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, HBGD.TO achieves a 82.51% return, which is significantly higher than CBUX.DE's 10.33% return.
HBGD.TO
- 1D
- -1.98%
- 1M
- 29.31%
- YTD
- 82.51%
- 6M
- 82.99%
- 1Y
- 184.36%
- 3Y*
- 67.20%
- 5Y*
- 61.94%
- 10Y*
- —
CBUX.DE
- 1D
- 0.99%
- 1M
- -1.36%
- YTD
- 10.33%
- 6M
- 8.13%
- 1Y
- 15.48%
- 3Y*
- 12.76%
- 5Y*
- —
- 10Y*
- —
HBGD.TO vs. CBUX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
HBGD.TO Global X Big Data & Hardware Index ETF | 82.51% | 53.48% | 15.92% | 80.52% |
CBUX.DE iShares Global Infrastructure UCITS ETF USD (Acc) | 10.33% | 8.46% | 17.14% | 0.11% |
Correlation
The correlation between HBGD.TO and CBUX.DE is -0.02, 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 | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Feb 28, 2023 | -0.00 |
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Return for Risk
HBGD.TO vs. CBUX.DE — Risk / Return Rank
HBGD.TO
CBUX.DE
HBGD.TO vs. CBUX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Big Data & Hardware Index ETF (HBGD.TO) and iShares Global Infrastructure UCITS ETF USD (Acc) (CBUX.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.
| HBGD.TO | CBUX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.32 | ||
| Sortino ratioReturn per unit of downside risk | +2.78 | ||
| Omega ratioGain probability vs. loss probability | 1.62 | 1.27 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 8.40 | 3.24 | +5.16 |
| Martin ratioReturn relative to average drawdown | 25.05 | 7.31 | +17.74 |
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
| HBGD.TO | CBUX.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.84 | 1.52 | +3.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.74 | 0.91 | -1.65 |
Drawdowns
HBGD.TO vs. CBUX.DE - Drawdown Comparison
The maximum HBGD.TO drawdown since its inception was -100.00%, which is greater than CBUX.DE's maximum drawdown of -13.41%. Use the drawdown chart below to compare losses from any high point for HBGD.TO and CBUX.DE.
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Drawdown Indicators
| HBGD.TO | CBUX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -100.00% | -13.41% | -86.59% |
Max Drawdown (1Y)Largest decline over 1 year | -22.09% | -4.83% | -17.26% |
Max Drawdown (3Y)Largest decline over 3 years | -38.68% | -11.61% | -27.07% |
Max Drawdown (5Y)Largest decline over 5 years | -63.43% | — | — |
Current DrawdownCurrent decline from peak | -99.97% | -3.49% | -96.48% |
Average DrawdownAverage peak-to-trough decline | -99.99% | -2.76% | -97.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.39% | 2.14% | +5.25% |
Volatility
HBGD.TO vs. CBUX.DE - Volatility Comparison
Global X Big Data & Hardware Index ETF (HBGD.TO) has a higher volatility of 13.31% compared to iShares Global Infrastructure UCITS ETF USD (Acc) (CBUX.DE) at 3.44%. This indicates that HBGD.TO's price experiences larger fluctuations and is considered to be riskier than CBUX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HBGD.TO | CBUX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.31% | 3.44% | +9.87% |
Volatility (6M)Calculated over the trailing 6-month period | 28.67% | 8.47% | +20.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.34% | 10.33% | +28.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 96.54% | 11.95% | +84.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 87.39% | 11.95% | +75.44% |
HBGD.TO vs. CBUX.DE - Expense Ratio Comparison
HBGD.TO has a 0.64% expense ratio, which is lower than CBUX.DE's 0.65% expense ratio.
Dividends
HBGD.TO vs. CBUX.DE - Dividend Comparison
HBGD.TO's dividend yield for the trailing twelve months is around 0.21%, while CBUX.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
CBUX.DE iShares Global Infrastructure UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HBGD.TO Global X Big Data & Hardware Index ETF | 0.21% | 0.39% | 0.53% | 0.64% | 1.22% | 0.83% | 0.32% | 1.52% | 0.68% |
Frequently Asked Questions
HBGD.TO and CBUX.DE have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HBGD.TO is cheaper at 0.64% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HBGD.TO is cheaper with a 0.64% expense ratio, compared with 0.65% for CBUX.DE.
HBGD.TO is categorized as Global Equities, while CBUX.DE is Utilities Equities. They also come from different issuers: Global X and iShares. Their fees differ too: 0.64% for HBGD.TO and 0.65% for CBUX.DE.
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