XZW0.DE vs. CBUH.DE
XZW0.DE (Xtrackers MSCI World ESG UCITS ETF 1C) and CBUH.DE (iShares MSCI World Momentum Factor ESG UCITS ETF USD Acc) are both exchange-traded funds - XZW0.DE is a Global Equities fund tracking the MSCI World Low Carbon SRI Leaders, while CBUH.DE is a Momentum fund tracking the MSCI World Momentum ESG Reduced Carbon Target Select. Both are passively managed. Over the past 3 years, XZW0.DE returned 16.22%/yr vs 22.20%/yr for CBUH.DE. Their correlation of 0.86 suggests significant overlap in exposure. XZW0.DE charges 0.20%/yr vs 0.30%/yr for CBUH.DE.
Performance
XZW0.DE vs. CBUH.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XZW0.DE achieves a 8.25% return, which is significantly lower than CBUH.DE's 23.34% return.
XZW0.DE
- 1D
- 0.19%
- 1M
- 0.36%
- 6M
- 8.77%
- YTD
- 8.25%
- 1Y
- 17.97%
- 3Y*
- 16.22%
- 5Y*
- 11.23%
- 10Y*
- —
- ALL TIME*
- 10.78%
CBUH.DE
- 1D
- 1.14%
- 1M
- -2.75%
- 6M
- 19.39%
- YTD
- 23.34%
- 1Y
- 31.60%
- 3Y*
- 22.20%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 11.07%
XZW0.DE vs. CBUH.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XZW0.DE Xtrackers MSCI World ESG UCITS ETF 1C | 8.25% | 6.64% | 27.16% | 22.75% | -16.65% | 5.51% |
CBUH.DE iShares MSCI World Momentum Factor ESG UCITS ETF USD Acc | 23.34% | 7.89% | 28.81% | 13.46% | -16.89% | 1.62% |
Correlation
The correlation between XZW0.DE and CBUH.DE is 0.73, 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 | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Oct 29, 2021 | 0.86 |
The correlation between XZW0.DE and CBUH.DE shifts across timeframes, from 0.73 (1 year) to 0.86 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XZW0.DE vs. CBUH.DE — Risk / Return Rank
XZW0.DE
CBUH.DE
XZW0.DE vs. CBUH.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI World ESG UCITS ETF 1C (XZW0.DE) and iShares MSCI World Momentum Factor ESG UCITS ETF USD Acc (CBUH.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.
| XZW0.DE | CBUH.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.43 | ||
| Sortino ratioReturn per unit of downside risk | -0.70 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.34 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.73 | 3.31 | -1.58 |
| Martin ratioReturn relative to average drawdown | 6.39 | 12.84 | -6.45 |
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Drawdowns
XZW0.DE vs. CBUH.DE - Drawdown Comparison
The maximum XZW0.DE drawdown since its inception was -33.24%, which is greater than CBUH.DE's maximum drawdown of -22.65%. Use the drawdown chart below to compare losses from any high point for XZW0.DE and CBUH.DE.
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Drawdown Indicators
| XZW0.DE | CBUH.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.24% | -22.65% | -10.59% |
Max Drawdown (1Y)Largest decline over 1 year | -10.37% | -9.51% | -0.86% |
Max Drawdown (3Y)Largest decline over 3 years | -22.36% | -22.65% | +0.29% |
Max Drawdown (5Y)Largest decline over 5 years | -22.36% | — | — |
Current DrawdownCurrent decline from peak | -1.11% | -3.41% | +2.30% |
Average DrawdownAverage peak-to-trough decline | -6.52% | -8.42% | +1.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.81% | 2.45% | +0.36% |
Volatility
XZW0.DE vs. CBUH.DE - Volatility Comparison
The current volatility for Xtrackers MSCI World ESG UCITS ETF 1C (XZW0.DE) is 3.25%, while iShares MSCI World Momentum Factor ESG UCITS ETF USD Acc (CBUH.DE) has a volatility of 4.86%. This indicates that XZW0.DE experiences smaller price fluctuations and is considered to be less risky than CBUH.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XZW0.DE | CBUH.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.25% | 4.86% | -1.61% |
Volatility (6M)Calculated over the trailing 6-month period | 9.18% | 13.93% | -4.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.41% | 16.84% | -4.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.91% | 17.02% | -2.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.02% | 17.02% | +2.00% |
XZW0.DE vs. CBUH.DE - Expense Ratio Comparison
XZW0.DE has a 0.20% expense ratio, which is lower than CBUH.DE's 0.30% expense ratio.
Dividends
XZW0.DE vs. CBUH.DE - Dividend Comparison
Neither XZW0.DE nor CBUH.DE has paid dividends to shareholders.
Frequently Asked Questions
XZW0.DE and CBUH.DE have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XZW0.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XZW0.DE is cheaper with a 0.20% expense ratio, compared with 0.30% for CBUH.DE.
XZW0.DE is categorized as Global Equities, while CBUH.DE is Momentum. XZW0.DE tracks MSCI World Low Carbon SRI Leaders, while CBUH.DE tracks MSCI World Momentum ESG Reduced Carbon Target Select. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.20% for XZW0.DE and 0.30% for CBUH.DE.
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