IS3F.DE vs. CBU0.DE
IS3F.DE (iShares $ Corp Bond Interest Rate Hedged UCITS ETF USD (Dist)) and CBU0.DE (iShares Core GBP Corporate Bond UCITS ETF (EUR Hedged) Acc) are both Corporate Bonds funds from iShares - IS3F.DE tracks the Markit iBoxx USD Liquid Investment Grade Interest Rate Hedged Index while CBU0.DE tracks the iBoxx® GBP Liquid Corporates Large Cap (EUR Hedged). Both are passively managed. Over the past 3 years, IS3F.DE returned 6.69%/yr vs 3.91%/yr for CBU0.DE. At a correlation of -0.21, they often move in opposite directions. Both charge a 0.25% expense ratio.
Performance
IS3F.DE vs. CBU0.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IS3F.DE achieves a 5.01% return, which is significantly higher than CBU0.DE's -1.09% return.
IS3F.DE
- 1D
- -0.23%
- 1M
- 1.13%
- 6M
- 3.17%
- YTD
- 5.01%
- 1Y
- 5.81%
- 3Y*
- 6.69%
- 5Y*
- 6.02%
- 10Y*
- 4.00%
CBU0.DE
- 1D
- 0.00%
- 1M
- -1.09%
- 6M
- -1.99%
- YTD
- -1.09%
- 1Y
- 1.88%
- 3Y*
- 3.91%
- 5Y*
- —
- 10Y*
- —
IS3F.DE vs. CBU0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
IS3F.DE iShares $ Corp Bond Interest Rate Hedged UCITS ETF USD (Dist) | 5.01% | -6.28% | 14.29% | 8.85% |
CBU0.DE iShares Core GBP Corporate Bond UCITS ETF (EUR Hedged) Acc | -1.09% | 4.57% | -0.38% | 4.77% |
Correlation
The correlation between IS3F.DE and CBU0.DE is -0.29, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.20 |
Correlation (All Time) Calculated using the full available price history since Mar 24, 2023 | -0.21 |
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Return for Risk
IS3F.DE vs. CBU0.DE — Risk / Return Rank
IS3F.DE
CBU0.DE
IS3F.DE vs. CBU0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares $ Corp Bond Interest Rate Hedged UCITS ETF USD (Dist) (IS3F.DE) and iShares Core GBP Corporate Bond UCITS ETF (EUR Hedged) Acc (CBU0.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.
| IS3F.DE | CBU0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.58 | ||
| Sortino ratioReturn per unit of downside risk | +0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.07 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.98 | 0.43 | +1.54 |
| Martin ratioReturn relative to average drawdown | 5.08 | 1.14 | +3.94 |
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Drawdowns
IS3F.DE vs. CBU0.DE - Drawdown Comparison
The maximum IS3F.DE drawdown since its inception was -27.25%, which is greater than CBU0.DE's maximum drawdown of -6.16%. Use the drawdown chart below to compare losses from any high point for IS3F.DE and CBU0.DE.
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Drawdown Indicators
| IS3F.DE | CBU0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.25% | -6.16% | -21.09% |
Max Drawdown (1Y)Largest decline over 1 year | -2.93% | -4.32% | +1.39% |
Max Drawdown (3Y)Largest decline over 3 years | -11.67% | -4.32% | -7.35% |
Max Drawdown (5Y)Largest decline over 5 years | -11.67% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -20.78% | — | — |
Current DrawdownCurrent decline from peak | -3.84% | -2.34% | -1.50% |
Average DrawdownAverage peak-to-trough decline | -8.16% | -1.68% | -6.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.14% | 1.65% | -0.51% |
Volatility
IS3F.DE vs. CBU0.DE - Volatility Comparison
iShares $ Corp Bond Interest Rate Hedged UCITS ETF USD (Dist) (IS3F.DE) has a higher volatility of 1.74% compared to iShares Core GBP Corporate Bond UCITS ETF (EUR Hedged) Acc (CBU0.DE) at 1.50%. This indicates that IS3F.DE's price experiences larger fluctuations and is considered to be riskier than CBU0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IS3F.DE | CBU0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.74% | 1.50% | +0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 4.56% | 4.70% | -0.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.33% | 5.34% | +0.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.67% | 5.89% | +1.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.21% | 5.89% | +2.32% |
IS3F.DE vs. CBU0.DE - Expense Ratio Comparison
Both IS3F.DE and CBU0.DE have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
IS3F.DE vs. CBU0.DE - Dividend Comparison
IS3F.DE's dividend yield for the trailing twelve months is around 4.27%, while CBU0.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CBU0.DE iShares Core GBP Corporate Bond UCITS ETF (EUR Hedged) Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IS3F.DE iShares $ Corp Bond Interest Rate Hedged UCITS ETF USD (Dist) | 4.27% | 4.77% | 5.36% | 4.95% | 2.10% | 1.50% | 2.62% | 3.52% | 2.81% | 2.25% | 2.36% | 3.21% |
Frequently Asked Questions
IS3F.DE and CBU0.DE have a correlation of -0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
IS3F.DE and CBU0.DE have the same expense ratio: 0.25% per year.
IS3F.DE tracks Markit iBoxx USD Liquid Investment Grade Interest Rate Hedged Index, while CBU0.DE tracks iBoxx® GBP Liquid Corporates Large Cap (EUR Hedged).
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