AE5B.DE vs. CEMT.DE
AE5B.DE (Amundi MSCI Europe Climate Action UCITS ETF Dist) and CEMT.DE (iShares Edge MSCI Europe Size Factor UCITS ETF) are both Europe Equities funds - AE5B.DE tracks the MSCI Europe Climate Action while CEMT.DE tracks the MSCI Europe Mid Cap Equal Weighted. Both are passively managed. Over the past year, AE5B.DE returned 12.32% vs 4.36% for CEMT.DE. A 0.75 correlation means they provide meaningful diversification when combined. AE5B.DE charges 0.09%/yr vs 0.25%/yr for CEMT.DE.
Performance
AE5B.DE vs. CEMT.DE - Performance Comparison
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Returns By Period
AE5B.DE
- 1D
- 0.62%
- 1M
- 2.96%
- YTD
- 5.29%
- 6M
- 7.80%
- 1Y
- 12.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CEMT.DE
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 4.36%
- 3Y*
- 9.41%
- 5Y*
- 4.08%
- 10Y*
- 6.44%
AE5B.DE vs. CEMT.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
AE5B.DE Amundi MSCI Europe Climate Action UCITS ETF Dist | 5.29% | 16.59% | 7.50% | 3.40% |
CEMT.DE iShares Edge MSCI Europe Size Factor UCITS ETF | 0.00% | 17.53% | 5.08% | 5.80% |
Correlation
The correlation between AE5B.DE and CEMT.DE is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Jun 16, 2023 | 0.75 |
Over the past year, the correlation between AE5B.DE and CEMT.DE has dropped to 0.46 - well below their long-term average of 0.75, suggesting their price drivers have been diverging.
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Return for Risk
AE5B.DE vs. CEMT.DE — Risk / Return Rank
AE5B.DE
CEMT.DE
AE5B.DE vs. CEMT.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi MSCI Europe Climate Action UCITS ETF Dist (AE5B.DE) and iShares Edge MSCI Europe Size Factor UCITS ETF (CEMT.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.
| AE5B.DE | CEMT.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.21 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.17 | 1.10 | +0.07 |
| Martin ratioReturn relative to average drawdown | 3.95 | 4.03 | -0.08 |
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
| AE5B.DE | CEMT.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.92 | 0.77 | +0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.28 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.40 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 0.37 | +0.45 |
Drawdowns
AE5B.DE vs. CEMT.DE - Drawdown Comparison
The maximum AE5B.DE drawdown since its inception was -16.86%, smaller than the maximum CEMT.DE drawdown of -37.66%. Use the drawdown chart below to compare losses from any high point for AE5B.DE and CEMT.DE.
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Drawdown Indicators
| AE5B.DE | CEMT.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.86% | -37.66% | +20.80% |
Max Drawdown (1Y)Largest decline over 1 year | -10.52% | -4.26% | -6.26% |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.36% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.23% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.66% | — |
Current DrawdownCurrent decline from peak | -1.65% | -0.39% | -1.26% |
Average DrawdownAverage peak-to-trough decline | -2.57% | -7.08% | +4.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.11% | 1.16% | +1.95% |
Volatility
AE5B.DE vs. CEMT.DE - Volatility Comparison
Amundi MSCI Europe Climate Action UCITS ETF Dist (AE5B.DE) has a higher volatility of 3.86% compared to iShares Edge MSCI Europe Size Factor UCITS ETF (CEMT.DE) at 0.00%. This indicates that AE5B.DE's price experiences larger fluctuations and is considered to be riskier than CEMT.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AE5B.DE | CEMT.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.86% | 0.00% | +3.86% |
Volatility (6M)Calculated over the trailing 6-month period | 10.85% | 0.00% | +10.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.37% | 6.11% | +7.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.34% | 14.61% | -1.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.34% | 16.11% | -2.77% |
AE5B.DE vs. CEMT.DE - Expense Ratio Comparison
AE5B.DE has a 0.09% expense ratio, which is lower than CEMT.DE's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
AE5B.DE vs. CEMT.DE - Dividend Comparison
AE5B.DE's dividend yield for the trailing twelve months is around 2.16%, while CEMT.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
AE5B.DE Amundi MSCI Europe Climate Action UCITS ETF Dist | 2.16% | 2.28% | 2.68% | 0.63% |
CEMT.DE iShares Edge MSCI Europe Size Factor UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
AE5B.DE and CEMT.DE have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AE5B.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AE5B.DE is cheaper with a 0.09% expense ratio, compared with 0.25% for CEMT.DE.
AE5B.DE tracks MSCI Europe Climate Action, while CEMT.DE tracks MSCI Europe Mid Cap Equal Weighted. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.09% for AE5B.DE and 0.25% for CEMT.DE.
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