- ISIN
- IE00BWZN1T31
- Issuer
- iShares
- Inception Date
- Jun 30, 2015
- Category
- Europe Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- MSCI EMU 100% Hedged to USD Index
- Domicile
- Ireland
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
CEBP.DE Performance Chart
iShares MSCI EMU USD Hedged UCITS ETF (Acc) (CEBP.DE) is up 18.3% since the beginning of the year. CEBP.DE is currently trading at €13 per share. Investors who bought €1,000 worth of CEBP.DE shares 5 years ago would now be looking at an investment worth €1,959.
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Returns By Period
iShares MSCI EMU USD Hedged UCITS ETF (Acc) (CEBP.DE) has returned 18.33% so far this year and 30.12% over the past 12 months. Over the last ten years, CEBP.DE has had an annualized return of 13.04%, just under the S&P 500 Index benchmark’s 13.23%.
iShares MSCI EMU USD Hedged UCITS ETF (Acc)
- 1D
- 1.07%
- 1M
- 6.87%
- 6M
- 17.26%
- YTD
- 18.33%
- 1Y
- 30.12%
- 3Y*
- 17.21%
- 5Y*
- 14.39%
- 10Y*
- 13.04%
Benchmark (S&P 500 Index)
- 1D
- -0.43%
- 1M
- 0.48%
- 6M
- 11.83%
- YTD
- 12.30%
- 1Y
- 22.52%
- 3Y*
- 17.03%
- 5Y*
- 12.27%
- 10Y*
- 13.23%
CEBP.DE Monthly Returns History
Based on dividend-adjusted daily data since Jul 3, 2015, CEBP.DE's average daily return is +0.05%, while the average monthly return is +0.92%. At this rate, an investment would double in approximately 6.3 years.
Historically, 56% of months were positive and 44% were negative. The best month was Nov 2020 with a return of +14.7%, while the worst month was Mar 2020 at -17.1%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 5 months.
On a daily basis, CEBP.DE closed higher 50% of trading days. The best single day was Mar 24, 2020 with a return of +7.4%, while the worst single day was Mar 12, 2020 at -11.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.13% | 4.03% | -5.73% | 4.83% | 4.77% | 6.59% | 0.92% | 18.33% | |||||
| 2025 | 8.04% | 3.63% | -6.46% | -4.70% | 5.94% | -3.99% | 3.96% | -1.52% | 2.51% | 4.25% | -0.09% | 1.20% | 12.28% |
| 2024 | 4.02% | 3.75% | 4.60% | -0.84% | 1.69% | -1.14% | -0.42% | -0.32% | 0.32% | -0.53% | 2.97% | 2.47% | 17.61% |
| 2023 | 7.51% | 4.27% | -1.49% | 0.13% | 1.51% | 1.61% | 1.10% | -1.33% | -0.61% | -3.08% | 5.08% | 2.17% | 17.66% |
| 2022 | -2.41% | -5.49% | 0.73% | 3.89% | -1.11% | -6.59% | 10.21% | -3.54% | -3.39% | 7.31% | 4.36% | -6.14% | -3.75% |
| 2021 | -0.53% | 3.94% | 9.83% | -0.47% | 1.26% | 4.52% | 1.34% | 2.94% | -1.43% | 4.35% | -0.83% | 4.62% | 33.16% |
Benchmark Metrics
iShares MSCI EMU USD Hedged UCITS ETF (Acc) has an annualized alpha of 3.75%, beta of 0.57, and R2 of 0.34 versus S&P 500 Index. Calculated based on daily prices since July 03, 2015.
- This ETF participated in 87.01% of S&P 500 Index downside but only 81.22% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.57 may look defensive, but with R2 of 0.34 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.34 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 3.75%
- Beta
- 0.57
- R²
- 0.34
- Upside Capture
- 81.22%
- Downside Capture
- 87.01%
Expense Ratio
CEBP.DE has an expense ratio of 0.38%, placing it in the medium range.
Return for Risk
Risk / Return Rank
CEBP.DE ranks 80 for risk / return — better than 80% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for iShares MSCI EMU USD Hedged UCITS ETF (Acc) (CEBP.DE) and compare them to S&P 500 Index.
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.
| CEBP.DE | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.14 | ||
| Sortino ratioReturn per unit of downside risk | +0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.35 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.65 | 3.18 | +0.47 |
| Martin ratioReturn relative to average drawdown | 13.30 | 11.76 | +1.54 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the iShares MSCI EMU USD Hedged UCITS ETF (Acc). A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the iShares MSCI EMU USD Hedged UCITS ETF (Acc) was 38.05%, occurring on Mar 16, 2020. Recovery took 313 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -38.05%Mar 2020 | 25d | 1y 2mo | 1y 3moFeb 2020 - Jun 2021 |
2016 bear market2016 | -28.69%Feb 2016 | 6mo 25d | 10mo 27d | 1y 5moJul 2015 - Jan 2017 |
2025 selloff2025 | -19.71%Apr 2025 | 1mo 6d | 7mo 7d | 8mo 13dMar 2025 - Nov 2025 |
Bear market2022 | -16.43%Mar 2022 | 2mo 1d | 8mo 18d | 10mo 19dJan 2022 - Nov 2022 |
2018 correction2018 | -15.47%Mar 2018 | 10mo 19d | 1y 6d | 1y 10moMay 2017 - Apr 2019 |
Drawdown Indicators
| CEBP.DE | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.05% | -51.62% | +13.57% |
Max Drawdown (1Y)Largest decline over 1 year | -8.21% | -7.57% | -0.64% |
Max Drawdown (3Y)Largest decline over 3 years | -19.71% | -23.99% | +4.28% |
Max Drawdown (5Y)Largest decline over 5 years | -19.71% | -23.99% | +4.28% |
Max Drawdown (10Y)Largest decline over 10 years | -38.05% | -33.42% | -4.63% |
Current DrawdownCurrent decline from peak | 0.00% | -0.43% | +0.43% |
Average DrawdownAverage peak-to-trough decline | -6.57% | -9.08% | +2.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.26% | 2.04% | +0.22% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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