MDBU.DE vs. CEMF.DE

Last updated Apr 2, 2026

Compare and contrast key facts about UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) A-dis (MDBU.DE) and iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Acc (CEMF.DE).

MDBU.DE and CEMF.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MDBU.DE is a passively managed fund by UBS that tracks the performance of the Bloomberg US Government TR USD. It was launched on Nov 8, 2018. CEMF.DE is a passively managed fund by iShares that tracks the performance of the ICE US Treasury 7-10 Year Bond Index. It was launched on Mar 28, 2024. Both MDBU.DE and CEMF.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

MDBU.DE vs. CEMF.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) A-dis (MDBU.DE) and iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Acc (CEMF.DE). The values are adjusted to include any dividend payments, if applicable.

MDBU.DE vs. CEMF.DE - Yearly Performance Comparison

	2026 (YTD)	2025
MDBU.DE UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) A-dis	1.19%	0.64%
CEMF.DE iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Acc	-0.73%	2.59%

Returns By Period

In the year-to-date period, MDBU.DE achieves a 1.19% return, which is significantly higher than CEMF.DE's -0.73% return.

MDBU.DE

• 1D: -0.71%
• 1M: -0.14%
• YTD: 1.19%
• 6M: 1.96%
• 1Y: -3.66%
• 3Y*: 1.30%
• 5Y*: 1.16%
• 10Y*: —

CEMF.DE

• 1D: 0.29%
• 1M: -1.76%
• YTD: -0.73%
• 6M: -0.21%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MDBU.DE vs. CEMF.DE - Expense Ratio Comparison

MDBU.DE has a 0.18% expense ratio, which is higher than CEMF.DE's 0.10% 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%.

MDBU.DE

UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) A-dis

CEMF.DE

iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Acc

Return for Risk

MDBU.DE vs. CEMF.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MDBU.DE

MDBU.DE Risk / Return Rank: 4
MDBU.DE Sharpe Ratio Rank: 4
MDBU.DE Sortino Ratio Rank: 3
MDBU.DE Omega Ratio Rank: 3
MDBU.DE Calmar Ratio Rank: 5
MDBU.DE Martin Ratio Rank: 6

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MDBU.DE vs. CEMF.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) A-dis (MDBU.DE) and iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Acc (CEMF.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.

	MDBU.DE	CEMF.DE	Difference
Sharpe ratio Return per unit of total volatility	-0.54	—	—
Sortino ratio Return per unit of downside risk	-0.67	—	—
Omega ratio Gain probability vs. loss probability	0.92	—	—
Calmar ratio Return relative to maximum drawdown	-0.46	—	—
Martin ratio Return relative to average drawdown	-0.74	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MDBU.DE	CEMF.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.54	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.16	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	0.62	-0.39

Correlation

The correlation between MDBU.DE and CEMF.DE is -0.05. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

MDBU.DE vs. CEMF.DE - Dividend Comparison

MDBU.DE's dividend yield for the trailing twelve months is around 2.66%, while CEMF.DE has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019
MDBU.DE UBS ETF (LU) Sustainable Development Bank Bonds UCITS ETF (USD) A-dis	2.66%	3.79%	1.92%	1.75%	0.75%	0.59%	1.58%	1.40%
CEMF.DE iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

MDBU.DE vs. CEMF.DE - Drawdown Comparison

The maximum MDBU.DE drawdown since its inception was -12.38%, which is greater than CEMF.DE's maximum drawdown of -3.14%. Use the drawdown chart below to compare losses from any high point for MDBU.DE and CEMF.DE.

Drawdown Indicators

	MDBU.DE	CEMF.DE	Difference
Max Drawdown Largest peak-to-trough decline	-12.38%	-3.14%	-9.24%
Max Drawdown (1Y) Largest decline over 1 year	-6.85%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-12.09%	—	—
Current Drawdown Current decline from peak	-6.44%	-2.29%	-4.15%
Average Drawdown Average peak-to-trough decline	-5.67%	-0.81%	-4.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.22%	—	—

Volatility

Volatility by Period

	MDBU.DE	CEMF.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.06%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.98%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	6.82%	4.42%	+2.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.23%	4.42%	+2.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.94%	4.42%	+2.52%