XWEQ.DE vs. CBUG.DE
XWEQ.DE (Xtrackers MSCI World Quality ESG UCITS ETF 1C) and CBUG.DE (iShares USD Treasury Bond 3-7yr UCITS ETF GBP hedged (Dist)) are both Global Equities funds - XWEQ.DE tracks the MSCI World Quality Low Carbon SRI Screened Select while CBUG.DE tracks the MSCI ACWI SMID NR USD. Both are passively managed. Over the past year, XWEQ.DE returned 23.74% vs 28.51% for CBUG.DE. A 0.73 correlation means they provide meaningful diversification when combined. XWEQ.DE charges 0.25%/yr vs 0.10%/yr for CBUG.DE.
Performance
XWEQ.DE vs. CBUG.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XWEQ.DE achieves a 9.71% return, which is significantly lower than CBUG.DE's 14.43% return.
XWEQ.DE
- 1D
- 0.77%
- 1M
- 4.22%
- YTD
- 9.71%
- 6M
- 11.49%
- 1Y
- 23.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CBUG.DE
- 1D
- 0.52%
- 1M
- 4.17%
- YTD
- 14.43%
- 6M
- 15.69%
- 1Y
- 28.51%
- 3Y*
- 13.75%
- 5Y*
- —
- 10Y*
- —
XWEQ.DE vs. CBUG.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XWEQ.DE Xtrackers MSCI World Quality ESG UCITS ETF 1C | 9.71% | 4.46% | 25.97% | 0.47% |
CBUG.DE iShares USD Treasury Bond 3-7yr UCITS ETF GBP hedged (Dist) | 14.43% | 6.47% | 13.17% | 5.56% |
Correlation
The correlation between XWEQ.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 (All Time) Calculated using the full available price history since Jul 6, 2023 | 0.73 |
The correlation between XWEQ.DE and CBUG.DE has been stable across timeframes, ranging from 0.73 to 0.78 - a consistent structural relationship.
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Return for Risk
XWEQ.DE vs. CBUG.DE — Risk / Return Rank
XWEQ.DE
CBUG.DE
XWEQ.DE vs. CBUG.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World Quality ESG UCITS ETF 1C (XWEQ.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.
| XWEQ.DE | CBUG.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.37 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.27 | 3.94 | -0.67 |
| Martin ratioReturn relative to average drawdown | 12.77 | 14.66 | -1.89 |
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
| XWEQ.DE | CBUG.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.02 | 2.04 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.89 | 0.42 | +0.47 |
Drawdowns
XWEQ.DE vs. CBUG.DE - Drawdown Comparison
The maximum XWEQ.DE drawdown since its inception was -22.80%, smaller than the maximum CBUG.DE drawdown of -24.59%. Use the drawdown chart below to compare losses from any high point for XWEQ.DE and CBUG.DE.
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Drawdown Indicators
| XWEQ.DE | CBUG.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.80% | -24.59% | +1.79% |
Max Drawdown (1Y)Largest decline over 1 year | -7.24% | -7.21% | -0.03% |
Max Drawdown (3Y)Largest decline over 3 years | — | -24.59% | — |
Current DrawdownCurrent decline from peak | -0.73% | 0.00% | -0.73% |
Average DrawdownAverage peak-to-trough decline | -4.52% | -7.48% | +2.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.86% | 1.94% | -0.08% |
Volatility
XWEQ.DE vs. CBUG.DE - Volatility Comparison
The current volatility for Xtrackers MSCI World Quality ESG UCITS ETF 1C (XWEQ.DE) is 2.76%, while iShares USD Treasury Bond 3-7yr UCITS ETF GBP hedged (Dist) (CBUG.DE) has a volatility of 3.41%. This indicates that XWEQ.DE experiences smaller price fluctuations and is considered to be less risky 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
| XWEQ.DE | CBUG.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.76% | 3.41% | -0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 8.36% | 9.78% | -1.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.73% | 13.90% | -2.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.18% | 16.71% | -1.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.18% | 16.71% | -1.53% |
XWEQ.DE vs. CBUG.DE - Expense Ratio Comparison
XWEQ.DE has a 0.25% 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
XWEQ.DE vs. CBUG.DE - Dividend Comparison
Neither XWEQ.DE nor CBUG.DE has paid dividends to shareholders.
Frequently Asked Questions
XWEQ.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 0.25% for XWEQ.DE.
XWEQ.DE tracks MSCI World Quality Low Carbon SRI Screened Select, while CBUG.DE tracks MSCI ACWI SMID NR USD. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.25% for XWEQ.DE and 0.10% for CBUG.DE.
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