MWSH.DE vs. CBUG.DE
MWSH.DE (Amundi MSCI World SRI Climate Net Zero Ambition PAB UCITS ETF EUR Hedged (Acc)) and CBUG.DE (iShares USD Treasury Bond 3-7yr UCITS ETF GBP hedged (Dist)) are both Global Equities funds - MWSH.DE tracks the MSCI World SRI Filtered PAB Index (EUR Hedged) while CBUG.DE tracks the MSCI ACWI SMID NR USD. Both are passively managed. Over the past 3 years, MWSH.DE returned 12.18%/yr vs 13.21%/yr for CBUG.DE. A 0.76 correlation means they provide meaningful diversification when combined. MWSH.DE charges 0.20%/yr vs 0.10%/yr for CBUG.DE.
Performance
MWSH.DE vs. CBUG.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MWSH.DE achieves a 11.54% return, which is significantly lower than CBUG.DE's 15.46% return.
MWSH.DE
- 1D
- -1.29%
- 1M
- -2.54%
- 6M
- 7.10%
- YTD
- 11.54%
- 1Y
- 19.22%
- 3Y*
- 12.18%
- 5Y*
- 8.13%
- 10Y*
- —
CBUG.DE
- 1D
- -1.14%
- 1M
- -0.82%
- 6M
- 9.01%
- YTD
- 15.46%
- 1Y
- 25.78%
- 3Y*
- 13.21%
- 5Y*
- —
- 10Y*
- —
MWSH.DE vs. CBUG.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
MWSH.DE Amundi MSCI World SRI Climate Net Zero Ambition PAB UCITS ETF EUR Hedged (Acc) | 11.54% | 10.75% | 10.70% | 22.47% | -22.12% | 3.22% |
CBUG.DE iShares USD Treasury Bond 3-7yr UCITS ETF GBP hedged (Dist) | 15.46% | 6.50% | 13.10% | 11.25% | -14.07% | 2.02% |
Correlation
The correlation between MWSH.DE and CBUG.DE is 0.78, 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 | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Dec 14, 2021 | 0.76 |
The correlation between MWSH.DE and CBUG.DE has been stable across timeframes, ranging from 0.71 to 0.78 - a consistent structural relationship.
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
MWSH.DE vs. CBUG.DE — Risk / Return Rank
MWSH.DE
CBUG.DE
MWSH.DE vs. CBUG.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI World SRI Climate Net Zero Ambition PAB UCITS ETF EUR Hedged (Acc) (MWSH.DE) and iShares USD Treasury Bond 3-7yr UCITS ETF GBP hedged (Dist) (CBUG.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.
| MWSH.DE | CBUG.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.52 | ||
| Sortino ratioReturn per unit of downside risk | -0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.33 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.05 | 3.54 | -1.49 |
| Martin ratioReturn relative to average drawdown | 7.85 | 13.20 | -5.35 |
Loading charts...
Drawdowns
MWSH.DE vs. CBUG.DE - Drawdown Comparison
The maximum MWSH.DE drawdown since its inception was -26.96%, which is greater than CBUG.DE's maximum drawdown of -24.57%. Use the drawdown chart below to compare losses from any high point for MWSH.DE and CBUG.DE.
Loading charts...
Drawdown Indicators
| MWSH.DE | CBUG.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.96% | -24.57% | -2.39% |
Max Drawdown (1Y)Largest decline over 1 year | -9.33% | -7.24% | -2.09% |
Max Drawdown (3Y)Largest decline over 3 years | -19.08% | -24.57% | +5.49% |
Max Drawdown (5Y)Largest decline over 5 years | -26.96% | — | — |
Current DrawdownCurrent decline from peak | -3.54% | -3.20% | -0.34% |
Average DrawdownAverage peak-to-trough decline | -6.74% | -7.33% | +0.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.44% | 1.95% | +0.49% |
Volatility
MWSH.DE vs. CBUG.DE - Volatility Comparison
Amundi MSCI World SRI Climate Net Zero Ambition PAB UCITS ETF EUR Hedged (Acc) (MWSH.DE) has a higher volatility of 4.86% compared to iShares USD Treasury Bond 3-7yr UCITS ETF GBP hedged (Dist) (CBUG.DE) at 3.96%. This indicates that MWSH.DE's price experiences larger fluctuations and is considered to be riskier than CBUG.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MWSH.DE | CBUG.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.86% | 3.96% | +0.90% |
Volatility (6M)Calculated over the trailing 6-month period | 11.75% | 10.22% | +1.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.42% | 14.13% | +0.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.69% | 16.64% | +0.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.34% | 16.64% | -0.30% |
MWSH.DE vs. CBUG.DE - Expense Ratio Comparison
MWSH.DE has a 0.20% expense ratio, which is higher than CBUG.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%.
Dividends
MWSH.DE vs. CBUG.DE - Dividend Comparison
Neither MWSH.DE nor CBUG.DE has paid dividends to shareholders.
Frequently Asked Questions
MWSH.DE and CBUG.DE have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CBUG.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CBUG.DE is cheaper with a 0.10% expense ratio, compared with 0.20% for MWSH.DE.
MWSH.DE tracks MSCI World SRI Filtered PAB Index (EUR Hedged), while CBUG.DE tracks MSCI ACWI SMID NR USD. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.20% for MWSH.DE and 0.10% for CBUG.DE.
Find the right allocation for MWSH.DE and CBUG.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