HUBE.DE vs. IBCJ.DE
HUBE.DE (Expat Hungary BUX UCITS ETF) and IBCJ.DE (iShares MSCI Poland UCITS ETF USD (Acc)) are both Europe Equities funds - HUBE.DE tracks the BUX Index while IBCJ.DE tracks the MSCI Poland. Both are passively managed. Over the past 5 years, HUBE.DE returned 12.50%/yr vs 15.91%/yr for IBCJ.DE. At a 0.34 correlation, their price movements are largely independent. HUBE.DE charges 1.38%/yr vs 0.74%/yr for IBCJ.DE.
Performance
HUBE.DE vs. IBCJ.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HUBE.DE achieves a 22.87% return, which is significantly higher than IBCJ.DE's 19.96% return.
HUBE.DE
- 1D
- 0.32%
- 1M
- -0.31%
- 6M
- 17.41%
- YTD
- 22.87%
- 1Y
- 41.52%
- 3Y*
- 33.32%
- 5Y*
- 12.50%
- 10Y*
- —
IBCJ.DE
- 1D
- 0.12%
- 1M
- 3.28%
- 6M
- 16.04%
- YTD
- 19.96%
- 1Y
- 37.37%
- 3Y*
- 28.79%
- 5Y*
- 15.91%
- 10Y*
- 9.70%
HUBE.DE vs. IBCJ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
HUBE.DE Expat Hungary BUX UCITS ETF | 22.87% | 44.76% | 15.05% | 36.12% | -34.67% | 8.16% | -11.99% | 6.84% | -9.90% |
IBCJ.DE iShares MSCI Poland UCITS ETF USD (Acc) | 19.96% | 53.72% | -0.44% | 43.89% | -21.77% | 14.38% | -18.70% | -3.73% | -3.65% |
Correlation
The correlation between HUBE.DE and IBCJ.DE is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Apr 16, 2018 | 0.34 |
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
HUBE.DE vs. IBCJ.DE — Risk / Return Rank
HUBE.DE
IBCJ.DE
HUBE.DE vs. IBCJ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Expat Hungary BUX UCITS ETF (HUBE.DE) and iShares MSCI Poland UCITS ETF USD (Acc) (IBCJ.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.
| HUBE.DE | IBCJ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.42 | ||
| Sortino ratioReturn per unit of downside risk | +0.64 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.27 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.62 | 3.73 | -0.11 |
| Martin ratioReturn relative to average drawdown | 10.80 | 8.94 | +1.85 |
Loading charts...
Drawdowns
HUBE.DE vs. IBCJ.DE - Drawdown Comparison
The maximum HUBE.DE drawdown since its inception was -51.39%, smaller than the maximum IBCJ.DE drawdown of -67.13%. Use the drawdown chart below to compare losses from any high point for HUBE.DE and IBCJ.DE.
Loading charts...
Drawdown Indicators
| HUBE.DE | IBCJ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.39% | -67.13% | +15.74% |
Max Drawdown (1Y)Largest decline over 1 year | -11.41% | -9.98% | -1.43% |
Max Drawdown (3Y)Largest decline over 3 years | -21.36% | -18.52% | -2.84% |
Max Drawdown (5Y)Largest decline over 5 years | -51.39% | -47.29% | -4.10% |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.09% | — |
Current DrawdownCurrent decline from peak | -1.55% | 0.00% | -1.55% |
Average DrawdownAverage peak-to-trough decline | -16.81% | -39.18% | +22.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.83% | 4.17% | -0.34% |
Volatility
HUBE.DE vs. IBCJ.DE - Volatility Comparison
Expat Hungary BUX UCITS ETF (HUBE.DE) and iShares MSCI Poland UCITS ETF USD (Acc) (IBCJ.DE) have volatilities of 4.84% and 4.88%, 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.
Loading charts...
Volatility by Period
| HUBE.DE | IBCJ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.84% | 4.88% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 16.50% | 17.58% | -1.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.27% | 23.01% | -2.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.65% | 26.72% | -2.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.99% | 24.94% | -2.95% |
HUBE.DE vs. IBCJ.DE - Expense Ratio Comparison
HUBE.DE has a 1.38% expense ratio, which is higher than IBCJ.DE's 0.74% expense ratio.
Dividends
HUBE.DE vs. IBCJ.DE - Dividend Comparison
Neither HUBE.DE nor IBCJ.DE has paid dividends to shareholders.
Frequently Asked Questions
HUBE.DE and IBCJ.DE have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IBCJ.DE is cheaper at 0.74% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IBCJ.DE is cheaper with a 0.74% expense ratio, compared with 1.38% for HUBE.DE.
HUBE.DE tracks BUX Index, while IBCJ.DE tracks MSCI Poland. They also come from different issuers: Expat and iShares. Their fees differ too: 1.38% for HUBE.DE and 0.74% for IBCJ.DE.
Find the right allocation for HUBE.DE and IBCJ.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