WELG.DE vs. CBUF.DE
Compare and contrast key facts about Amundi S&P Global Health Care ESG UCITS ETF EUR Dist (WELG.DE) and iShares MSCI World Health Care Sector ESG UCITS ETF USD Dist (CBUF.DE).
WELG.DE and CBUF.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WELG.DE is a passively managed fund by Amundi that tracks the performance of the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Health Care. It was launched on Sep 20, 2022. CBUF.DE is a passively managed fund by iShares that tracks the performance of the MSCI World Health Care ESG Reduced Carbon Select 20 35 Capped. It was launched on Oct 17, 2019. Both WELG.DE and CBUF.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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WELG.DE or CBUF.DE.
Key characteristics
| WELG.DE | CBUF.DE | |
|---|---|---|
| YTD Return | 13.86% | 7.28% |
| 1Y Return | 18.10% | 12.70% |
| Sharpe Ratio | 1.81 | 1.23 |
| Sortino Ratio | 2.52 | 1.77 |
| Omega Ratio | 1.32 | 1.22 |
| Calmar Ratio | 2.53 | 1.49 |
| Martin Ratio | 8.13 | 4.70 |
| Ulcer Index | 2.26% | 2.69% |
| Daily Std Dev | 10.20% | 10.32% |
| Max Drawdown | -10.04% | -25.94% |
| Current Drawdown | -4.62% | -4.13% |
Correlation
The correlation between WELG.DE and CBUF.DE is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
WELG.DE vs. CBUF.DE - Performance Comparison
In the year-to-date period, WELG.DE achieves a 13.86% return, which is significantly higher than CBUF.DE's 7.28% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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WELG.DE vs. CBUF.DE - Expense Ratio Comparison
Both WELG.DE and CBUF.DE have an expense ratio of 0.18%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
WELG.DE vs. CBUF.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi S&P Global Health Care ESG UCITS ETF EUR Dist (WELG.DE) and iShares MSCI World Health Care Sector ESG UCITS ETF USD Dist (CBUF.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.
Dividends
WELG.DE vs. CBUF.DE - Dividend Comparison
WELG.DE's dividend yield for the trailing twelve months is around 0.87%, less than CBUF.DE's 0.97% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
WELG.DE Amundi S&P Global Health Care ESG UCITS ETF EUR Dist | 0.87% | 0.17% | 0.00% | 0.00% | 0.00% | 0.00% |
CBUF.DE iShares MSCI World Health Care Sector ESG UCITS ETF USD Dist | 0.97% | 1.16% | 1.09% | 1.05% | 1.27% | 0.10% |
Drawdowns
WELG.DE vs. CBUF.DE - Drawdown Comparison
The maximum WELG.DE drawdown since its inception was -10.04%, smaller than the maximum CBUF.DE drawdown of -25.94%. Use the drawdown chart below to compare losses from any high point for WELG.DE and CBUF.DE. For additional features, visit the drawdowns tool.
Volatility
WELG.DE vs. CBUF.DE - Volatility Comparison
The current volatility for Amundi S&P Global Health Care ESG UCITS ETF EUR Dist (WELG.DE) is 2.12%, while iShares MSCI World Health Care Sector ESG UCITS ETF USD Dist (CBUF.DE) has a volatility of 2.76%. This indicates that WELG.DE experiences smaller price fluctuations and is considered to be less risky than CBUF.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.