XWEH.DE vs. CBUI.DE
XWEH.DE (Xtrackers MSCI World Swap UCITS ETF EUR Hedged (Acc)) and CBUI.DE (iShares MSCI World Value Factor ESG UCITS ETF USD Acc) are both Global Equities funds - XWEH.DE tracks the MSCI World Index (EUR Hedged) while CBUI.DE tracks the MSCI World Value ESG Reduced Carbon Target Select. Both are passively managed. Over the past 3 years, XWEH.DE returned 17.65%/yr vs 21.30%/yr for CBUI.DE. Their correlation of 0.81 suggests significant overlap in exposure. XWEH.DE charges 0.39%/yr vs 0.30%/yr for CBUI.DE.
Performance
XWEH.DE vs. CBUI.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XWEH.DE achieves a 9.20% return, which is significantly lower than CBUI.DE's 20.99% return.
XWEH.DE
- 1D
- 0.31%
- 1M
- 0.25%
- 6M
- 9.70%
- YTD
- 9.20%
- 1Y
- 19.83%
- 3Y*
- 17.65%
- 5Y*
- 10.35%
- 10Y*
- 11.71%
CBUI.DE
- 1D
- 0.73%
- 1M
- 1.10%
- 6M
- 20.12%
- YTD
- 20.99%
- 1Y
- 41.88%
- 3Y*
- 21.30%
- 5Y*
- —
- 10Y*
- —
XWEH.DE vs. CBUI.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XWEH.DE Xtrackers MSCI World Swap UCITS ETF EUR Hedged (Acc) | 9.20% | 16.85% | 19.84% | 21.86% | -18.77% | 3.01% |
CBUI.DE iShares MSCI World Value Factor ESG UCITS ETF USD Acc | 20.99% | 20.99% | 13.86% | 15.81% | -6.11% | 7.26% |
Correlation
The correlation between XWEH.DE and CBUI.DE is 0.72, 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 | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Oct 29, 2021 | 0.81 |
The correlation between XWEH.DE and CBUI.DE has been stable across timeframes, ranging from 0.72 to 0.81 - a consistent structural relationship.
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Return for Risk
XWEH.DE vs. CBUI.DE — Risk / Return Rank
XWEH.DE
CBUI.DE
XWEH.DE vs. CBUI.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Swap UCITS ETF EUR Hedged (Acc) (XWEH.DE) and iShares MSCI World Value Factor ESG UCITS ETF USD Acc (CBUI.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.
| XWEH.DE | CBUI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.50 | ||
| Sortino ratioReturn per unit of downside risk | -1.98 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.56 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 2.51 | 6.62 | -4.11 |
| Martin ratioReturn relative to average drawdown | 10.59 | 25.36 | -14.76 |
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Drawdowns
XWEH.DE vs. CBUI.DE - Drawdown Comparison
The maximum XWEH.DE drawdown since its inception was -33.67%, which is greater than CBUI.DE's maximum drawdown of -19.51%. Use the drawdown chart below to compare losses from any high point for XWEH.DE and CBUI.DE.
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Drawdown Indicators
| XWEH.DE | CBUI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.67% | -19.51% | -14.16% |
Max Drawdown (1Y)Largest decline over 1 year | -7.86% | -6.29% | -1.57% |
Max Drawdown (3Y)Largest decline over 3 years | -17.57% | -19.51% | +1.94% |
Max Drawdown (5Y)Largest decline over 5 years | -23.55% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -33.67% | — | — |
Current DrawdownCurrent decline from peak | -0.25% | -0.12% | -0.13% |
Average DrawdownAverage peak-to-trough decline | -4.36% | -3.18% | -1.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.87% | 1.65% | +0.22% |
Volatility
XWEH.DE vs. CBUI.DE - Volatility Comparison
Xtrackers MSCI World Swap UCITS ETF EUR Hedged (Acc) (XWEH.DE) has a higher volatility of 3.62% compared to iShares MSCI World Value Factor ESG UCITS ETF USD Acc (CBUI.DE) at 3.33%. This indicates that XWEH.DE's price experiences larger fluctuations and is considered to be riskier than CBUI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XWEH.DE | CBUI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.62% | 3.33% | +0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 9.13% | 9.91% | -0.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.69% | 13.05% | -1.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.91% | 14.17% | +0.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.27% | 14.17% | +1.10% |
XWEH.DE vs. CBUI.DE - Expense Ratio Comparison
XWEH.DE has a 0.39% expense ratio, which is higher than CBUI.DE's 0.30% expense ratio.
Dividends
XWEH.DE vs. CBUI.DE - Dividend Comparison
Neither XWEH.DE nor CBUI.DE has paid dividends to shareholders.
Frequently Asked Questions
XWEH.DE and CBUI.DE have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CBUI.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CBUI.DE is cheaper with a 0.30% expense ratio, compared with 0.39% for XWEH.DE.
XWEH.DE tracks MSCI World Index (EUR Hedged), while CBUI.DE tracks MSCI World Value ESG Reduced Carbon Target Select. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.39% for XWEH.DE and 0.30% for CBUI.DE.
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