XG12.DE vs. CBUG.DE
XG12.DE (Xtrackers MSCI Global SDG 12 Circular Economy UCITS ETF 1C) and CBUG.DE (iShares USD Treasury Bond 3-7yr UCITS ETF GBP hedged (Dist)) are both Global Equities funds - XG12.DE tracks the MSCI ACWI IMI SDG 12 Responsible Consumption and Production Select while CBUG.DE tracks the MSCI ACWI SMID NR USD. Both are passively managed. Over the past 3 years, XG12.DE returned 11.00%/yr vs 14.10%/yr for CBUG.DE. A 0.77 correlation means they provide meaningful diversification when combined. XG12.DE charges 0.35%/yr vs 0.10%/yr for CBUG.DE.
Performance
XG12.DE vs. CBUG.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XG12.DE achieves a 34.30% return, which is significantly higher than CBUG.DE's 16.79% return.
XG12.DE
- 1D
- 0.00%
- 1M
- -3.05%
- 6M
- 27.88%
- YTD
- 34.30%
- 1Y
- 46.32%
- 3Y*
- 11.00%
- 5Y*
- —
- 10Y*
- —
CBUG.DE
- 1D
- 0.33%
- 1M
- 0.66%
- 6M
- 10.07%
- YTD
- 16.79%
- 1Y
- 30.77%
- 3Y*
- 14.10%
- 5Y*
- —
- 10Y*
- —
XG12.DE vs. CBUG.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XG12.DE Xtrackers MSCI Global SDG 12 Circular Economy UCITS ETF 1C | 34.30% | 8.69% | -4.44% | -8.34% | -5.33% |
CBUG.DE iShares USD Treasury Bond 3-7yr UCITS ETF GBP hedged (Dist) | 16.79% | 6.50% | 13.10% | 11.25% | -2.74% |
Correlation
The correlation between XG12.DE and CBUG.DE is 0.71, 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 | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Dec 13, 2022 | 0.77 |
The correlation between XG12.DE and CBUG.DE has been stable across timeframes, ranging from 0.71 to 0.77 - a consistent structural relationship.
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Return for Risk
XG12.DE vs. CBUG.DE — Risk / Return Rank
XG12.DE
CBUG.DE
XG12.DE vs. CBUG.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Global SDG 12 Circular Economy UCITS ETF 1C (XG12.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.
| XG12.DE | CBUG.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.52 | ||
| Sortino ratioReturn per unit of downside risk | -0.67 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.39 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.42 | 4.23 | -1.81 |
| Martin ratioReturn relative to average drawdown | 5.10 | 15.83 | -10.73 |
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Drawdowns
XG12.DE vs. CBUG.DE - Drawdown Comparison
The maximum XG12.DE drawdown since its inception was -32.01%, 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 XG12.DE and CBUG.DE.
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Drawdown Indicators
| XG12.DE | CBUG.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.01% | -24.57% | -7.44% |
Max Drawdown (1Y)Largest decline over 1 year | -19.16% | -7.24% | -11.92% |
Max Drawdown (3Y)Largest decline over 3 years | -24.98% | -24.57% | -0.41% |
Current DrawdownCurrent decline from peak | -5.62% | -2.08% | -3.54% |
Average DrawdownAverage peak-to-trough decline | -14.65% | -7.33% | -7.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.09% | 1.94% | +7.15% |
Volatility
XG12.DE vs. CBUG.DE - Volatility Comparison
Xtrackers MSCI Global SDG 12 Circular Economy UCITS ETF 1C (XG12.DE) has a higher volatility of 6.45% compared to iShares USD Treasury Bond 3-7yr UCITS ETF GBP hedged (Dist) (CBUG.DE) at 3.78%. This indicates that XG12.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.
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Volatility by Period
| XG12.DE | CBUG.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.45% | 3.78% | +2.67% |
Volatility (6M)Calculated over the trailing 6-month period | 14.54% | 10.23% | +4.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.13% | 14.19% | +13.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.11% | 16.63% | +4.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.11% | 16.63% | +4.48% |
XG12.DE vs. CBUG.DE - Expense Ratio Comparison
XG12.DE has a 0.35% expense ratio, which is higher than CBUG.DE's 0.10% expense ratio.
Dividends
XG12.DE vs. CBUG.DE - Dividend Comparison
Neither XG12.DE nor CBUG.DE has paid dividends to shareholders.
Frequently Asked Questions
XG12.DE and CBUG.DE have a correlation of 0.71, 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 0.35% for XG12.DE.
XG12.DE tracks MSCI ACWI IMI SDG 12 Responsible Consumption and Production Select, while CBUG.DE tracks MSCI ACWI SMID NR USD. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.35% for XG12.DE and 0.10% for CBUG.DE.
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