VGWD.DE vs. CBUX.DE
VGWD.DE (Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing) and CBUX.DE (iShares Global Infrastructure UCITS ETF USD (Acc)) are both exchange-traded funds - VGWD.DE is a Global Equities fund tracking the FTSE All-World High Dividend Yield index, while CBUX.DE is a Utilities Equities fund tracking the FTSE Global Core Infrastructure Index. Both are passively managed. Over the past 3 years, VGWD.DE returned 15.87%/yr vs 8.47%/yr for CBUX.DE. A 0.62 correlation means they provide meaningful diversification when combined. VGWD.DE charges 0.29%/yr vs 0.65%/yr for CBUX.DE.
Performance
VGWD.DE vs. CBUX.DE - Performance Comparison
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Returns By Period
In the year-to-date period, VGWD.DE achieves a 12.49% return, which is significantly higher than CBUX.DE's 10.28% return.
VGWD.DE
- 1D
- 0.19%
- 1M
- 3.35%
- YTD
- 12.49%
- 6M
- 14.15%
- 1Y
- 25.00%
- 3Y*
- 15.87%
- 5Y*
- 11.49%
- 10Y*
- —
CBUX.DE
- 1D
- -1.34%
- 1M
- -2.15%
- YTD
- 10.28%
- 6M
- 8.97%
- 1Y
- 12.32%
- 3Y*
- 8.47%
- 5Y*
- —
- 10Y*
- —
VGWD.DE vs. CBUX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
VGWD.DE Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing | 12.49% | 13.16% | 15.75% | 4.17% |
CBUX.DE iShares Global Infrastructure UCITS ETF USD (Acc) | 10.28% | 0.69% | 14.63% | -1.37% |
Correlation
The correlation between VGWD.DE and CBUX.DE is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since Feb 28, 2023 | 0.62 |
The correlation between VGWD.DE and CBUX.DE shifts across timeframes, from 0.52 (1 year) to 0.62 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
VGWD.DE vs. CBUX.DE — Risk / Return Rank
VGWD.DE
CBUX.DE
VGWD.DE vs. CBUX.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (VGWD.DE) and iShares Global Infrastructure UCITS ETF USD (Acc) (CBUX.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.
| VGWD.DE | CBUX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.52 | ||
| Sortino ratioReturn per unit of downside risk | +2.04 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.20 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 4.28 | 2.91 | +1.37 |
| Martin ratioReturn relative to average drawdown | 16.37 | 6.42 | +9.94 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| VGWD.DE | CBUX.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.70 | 1.18 | +1.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.99 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 0.60 | +0.04 |
Drawdowns
VGWD.DE vs. CBUX.DE - Drawdown Comparison
The maximum VGWD.DE drawdown since its inception was -34.57%, which is greater than CBUX.DE's maximum drawdown of -14.94%. Use the drawdown chart below to compare losses from any high point for VGWD.DE and CBUX.DE.
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Drawdown Indicators
| VGWD.DE | CBUX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.57% | -14.94% | -19.63% |
Max Drawdown (1Y)Largest decline over 1 year | -5.82% | -4.22% | -1.60% |
Max Drawdown (3Y)Largest decline over 3 years | -16.86% | -14.94% | -1.92% |
Max Drawdown (5Y)Largest decline over 5 years | -16.86% | — | — |
Current DrawdownCurrent decline from peak | -0.32% | -3.33% | +3.01% |
Average DrawdownAverage peak-to-trough decline | -4.05% | -3.81% | -0.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.52% | 1.91% | -0.39% |
Volatility
VGWD.DE vs. CBUX.DE - Volatility Comparison
The current volatility for Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (VGWD.DE) is 2.33%, while iShares Global Infrastructure UCITS ETF USD (Acc) (CBUX.DE) has a volatility of 3.92%. This indicates that VGWD.DE experiences smaller price fluctuations and is considered to be less risky than CBUX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VGWD.DE | CBUX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.33% | 3.92% | -1.59% |
Volatility (6M)Calculated over the trailing 6-month period | 6.95% | 8.63% | -1.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.21% | 10.36% | -1.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.52% | 11.93% | -0.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.23% | 11.93% | +2.30% |
VGWD.DE vs. CBUX.DE - Expense Ratio Comparison
VGWD.DE has a 0.29% expense ratio, which is lower than CBUX.DE's 0.65% expense ratio.
Dividends
VGWD.DE vs. CBUX.DE - Dividend Comparison
VGWD.DE's dividend yield for the trailing twelve months is around 2.49%, while CBUX.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
CBUX.DE iShares Global Infrastructure UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VGWD.DE Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing | 2.49% | 2.84% | 3.05% | 3.39% | 3.78% | 3.03% | 3.08% | 3.21% | 3.70% | 0.58% |
Frequently Asked Questions
VGWD.DE and CBUX.DE have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VGWD.DE is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VGWD.DE is cheaper with a 0.29% expense ratio, compared with 0.65% for CBUX.DE.
VGWD.DE is categorized as Global Equities, while CBUX.DE is Utilities Equities. VGWD.DE tracks FTSE All-World High Dividend Yield index, while CBUX.DE tracks FTSE Global Core Infrastructure Index. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.29% for VGWD.DE and 0.65% for CBUX.DE.
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