IS3B.DE vs. CBUJ.DE
IS3B.DE (iShares Euro Corporate Bond Financials UCITS ETF) and CBUJ.DE (iShares EUR Corporate Bond ESG Paris-Aligned Climate UCITS ETF EUR Dist) are both European Corporate Bonds funds from iShares - IS3B.DE tracks the Bloomberg Euro Aggregate Financial while CBUJ.DE tracks the Bloomberg MSCI Euro Corporate Climate Paris Aligned ESG Select. Both are passively managed. Over the past 3 years, IS3B.DE returned 4.82%/yr vs 3.61%/yr for CBUJ.DE. Their correlation of 0.81 suggests significant overlap in exposure. IS3B.DE charges 0.20%/yr vs 0.15%/yr for CBUJ.DE.
Performance
IS3B.DE vs. CBUJ.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IS3B.DE achieves a 0.33% return, which is significantly higher than CBUJ.DE's -1.34% return.
IS3B.DE
- 1D
- -0.05%
- 1M
- -0.42%
- 6M
- -0.07%
- YTD
- 0.33%
- 1Y
- 1.33%
- 3Y*
- 4.82%
- 5Y*
- 0.29%
- 10Y*
- 1.11%
CBUJ.DE
- 1D
- 0.00%
- 1M
- -0.55%
- 6M
- -0.15%
- YTD
- -1.34%
- 1Y
- -0.55%
- 3Y*
- 3.61%
- 5Y*
- —
- 10Y*
- —
IS3B.DE vs. CBUJ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IS3B.DE iShares Euro Corporate Bond Financials UCITS ETF | 0.33% | 3.53% | 5.28% | 7.82% | -3.93% |
CBUJ.DE iShares EUR Corporate Bond ESG Paris-Aligned Climate UCITS ETF EUR Dist | -1.34% | 2.98% | 4.25% | 7.41% | -3.29% |
Correlation
The correlation between IS3B.DE and CBUJ.DE is 0.51, 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 | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Jun 9, 2022 | 0.81 |
Over the past year, the correlation between IS3B.DE and CBUJ.DE has dropped to 0.51 - well below their long-term average of 0.81, suggesting their price drivers have been diverging.
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Return for Risk
IS3B.DE vs. CBUJ.DE — Risk / Return Rank
IS3B.DE
CBUJ.DE
IS3B.DE vs. CBUJ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Euro Corporate Bond Financials UCITS ETF (IS3B.DE) and iShares EUR Corporate Bond ESG Paris-Aligned Climate UCITS ETF EUR Dist (CBUJ.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.
| IS3B.DE | CBUJ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.54 | ||
| Sortino ratioReturn per unit of downside risk | +0.76 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 0.97 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.49 | -0.15 | +0.63 |
| Martin ratioReturn relative to average drawdown | 1.69 | -0.37 | +2.06 |
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Drawdowns
IS3B.DE vs. CBUJ.DE - Drawdown Comparison
The maximum IS3B.DE drawdown since its inception was -17.05%, which is greater than CBUJ.DE's maximum drawdown of -8.90%. Use the drawdown chart below to compare losses from any high point for IS3B.DE and CBUJ.DE.
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Drawdown Indicators
| IS3B.DE | CBUJ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.05% | -8.90% | -8.15% |
Max Drawdown (1Y)Largest decline over 1 year | -2.70% | -3.75% | +1.05% |
Max Drawdown (3Y)Largest decline over 3 years | -2.70% | -3.75% | +1.05% |
Max Drawdown (5Y)Largest decline over 5 years | -17.05% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -17.05% | — | — |
Current DrawdownCurrent decline from peak | -0.89% | -1.93% | +1.04% |
Average DrawdownAverage peak-to-trough decline | -2.92% | -2.25% | -0.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.78% | 1.50% | -0.72% |
Volatility
IS3B.DE vs. CBUJ.DE - Volatility Comparison
The current volatility for iShares Euro Corporate Bond Financials UCITS ETF (IS3B.DE) is 0.72%, while iShares EUR Corporate Bond ESG Paris-Aligned Climate UCITS ETF EUR Dist (CBUJ.DE) has a volatility of 0.79%. This indicates that IS3B.DE experiences smaller price fluctuations and is considered to be less risky than CBUJ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IS3B.DE | CBUJ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.72% | 0.79% | -0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 3.17% | 2.67% | +0.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.48% | 3.46% | +0.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.19% | 4.57% | -0.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.36% | 4.57% | -0.21% |
IS3B.DE vs. CBUJ.DE - Expense Ratio Comparison
IS3B.DE has a 0.20% expense ratio, which is higher than CBUJ.DE's 0.15% 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
IS3B.DE vs. CBUJ.DE - Dividend Comparison
IS3B.DE's dividend yield for the trailing twelve months is around 3.19%, more than CBUJ.DE's 1.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CBUJ.DE iShares EUR Corporate Bond ESG Paris-Aligned Climate UCITS ETF EUR Dist | 1.69% | 3.52% | 3.48% | 2.96% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IS3B.DE iShares Euro Corporate Bond Financials UCITS ETF | 3.19% | 3.08% | 2.95% | 2.42% | 1.00% | 0.75% | 0.97% | 1.09% | 1.10% | 1.12% | 1.52% | 1.70% |
Frequently Asked Questions
IS3B.DE and CBUJ.DE have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CBUJ.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CBUJ.DE is cheaper with a 0.15% expense ratio, compared with 0.20% for IS3B.DE.
IS3B.DE tracks Bloomberg Euro Aggregate Financial, while CBUJ.DE tracks Bloomberg MSCI Euro Corporate Climate Paris Aligned ESG Select. Their fees differ too: 0.20% for IS3B.DE and 0.15% for CBUJ.DE.
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