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CACX.L vs. CMB1.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CACX.L vs. CMB1.L

Last updated Jul 1, 2026
See Documentation

CACX.L (Lyxor CAC 40 (DR) UCITS ETF - Dist) and CMB1.L (iShares FTSE MIB UCITS ETF (Acc)) are both Europe Equities funds - CACX.L tracks the Euronext Paris CAC 40 NR EUR while CMB1.L tracks the FTSE Italia AllShare TR EUR. Both are passively managed. Over the past 10 years, CACX.L returned 10.96%/yr vs 16.47%/yr for CMB1.L. A 0.79 correlation means they provide meaningful diversification when combined. CACX.L charges 0.25%/yr vs 0.33%/yr for CMB1.L.

Performance

CACX.L vs. CMB1.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Lyxor CAC 40 (DR) UCITS ETF - Dist (CACX.L) and iShares FTSE MIB UCITS ETF (Acc) (CMB1.L). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, CACX.L achieves a 4.40% return, which is significantly lower than CMB1.L's 16.78% return. Over the past 10 years, CACX.L has underperformed CMB1.L with an annualized return of 10.96%, while CMB1.L has yielded a comparatively higher 16.47% annualized return.

CACX.L

1D
0.28%
1M
2.07%
YTD
4.40%
6M
3.83%
1Y
13.13%
3Y*
7.43%
5Y*
8.17%
10Y*
10.96%

CMB1.L

1D
0.73%
1M
2.91%
YTD
16.78%
6M
16.26%
1Y
35.93%
3Y*
27.99%
5Y*
20.73%
10Y*
16.47%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CACX.L vs. CMB1.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
CACX.L
Lyxor CAC 40 (DR) UCITS ETF - Dist		4.40%19.60%-4.39%16.83%-0.56%22.14%0.79%26.03%-5.19%19.33%
CMB1.L
iShares FTSE MIB UCITS ETF (Acc)		16.78%43.83%13.25%30.68%-3.56%18.29%1.52%24.83%-13.79%22.48%

Correlation

The correlation between CACX.L and CMB1.L is 0.77, 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

0.77

Correlation (3Y)
Calculated over the trailing 3-year period

0.82

Correlation (5Y)
Calculated over the trailing 5-year period

0.83

Correlation (10Y)
Calculated over the trailing 10-year period

0.81

Correlation (All Time)
Calculated using the full available price history since Jan 26, 2010

0.79

The correlation between CACX.L and CMB1.L has been stable across timeframes, ranging from 0.77 to 0.83 - a consistent structural relationship.

CACX.L vs. CMB1.L - Sectors Allocation Comparison

Sectors
CACX.L
CMB1.L

Industrials

35.3%
10.7%

Financial Services

15.4%
47.3%

Consumer Cyclical

14.8%
9.2%

Energy

9.5%
7.0%

Healthcare

9.4%
1.1%

Consumer Defensive

4.8%
0.4%

Technology

4.0%
5.9%

Communication Services

3.2%
1.8%

Basic Materials

2.4%
0.5%

Real Estate

0.8%
0.3%

Utilities

0.5%
15.7%

Industrials

CACX.L
35.3%
CMB1.L
10.7%

Financial Services

CACX.L
15.4%
CMB1.L
47.3%

Consumer Cyclical

CACX.L
14.8%
CMB1.L
9.2%

Energy

CACX.L
9.5%
CMB1.L
7.0%

Healthcare

CACX.L
9.4%
CMB1.L
1.1%

Consumer Defensive

CACX.L
4.8%
CMB1.L
0.4%

Technology

CACX.L
4.0%
CMB1.L
5.9%

Communication Services

CACX.L
3.2%
CMB1.L
1.8%

Basic Materials

CACX.L
2.4%
CMB1.L
0.5%

Real Estate

CACX.L
0.8%
CMB1.L
0.3%

Utilities

CACX.L
0.5%
CMB1.L
15.7%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Lyxor CAC 40 (DR) UCITS ETF - Dist

iShares FTSE MIB UCITS ETF (Acc)

Often compared with CACX.L:
CACX.L vs. SPYCACX.L vs. AI.PACACX.L vs. XDAX.LCACX.L vs. QQQCACX.L vs. V50A.DECACX.L vs. BRK-BCACX.L vs. VOO
Often compared with CMB1.L:
CMB1.L vs. XDEM.LCMB1.L vs. H50E.LCMB1.L vs. IITU.LCMB1.L vs. SPYCMB1.L vs. IQSA.LCMB1.L vs. X7PP.LCMB1.L vs. EQQQ.L

Return for Risk

CACX.L vs. CMB1.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CACX.L
CACX.L Risk / Return Rank: 2626
Overall Rank
CACX.L Sharpe Ratio Rank: 2727
Sharpe Ratio Rank
CACX.L Sortino Ratio Rank: 2626
Sortino Ratio Rank
CACX.L Omega Ratio Rank: 2727
Omega Ratio Rank
CACX.L Calmar Ratio Rank: 2525
Calmar Ratio Rank
CACX.L Martin Ratio Rank: 2727
Martin Ratio Rank
CMB1.L
CMB1.L Risk / Return Rank: 8181
Overall Rank
CMB1.L Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
CMB1.L Sortino Ratio Rank: 8484
Sortino Ratio Rank
CMB1.L Omega Ratio Rank: 8181
Omega Ratio Rank
CMB1.L Calmar Ratio Rank: 7878
Calmar Ratio Rank
CMB1.L Martin Ratio Rank: 7777
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CACX.L vs. CMB1.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lyxor CAC 40 (DR) UCITS ETF - Dist (CACX.L) and iShares FTSE MIB UCITS ETF (Acc) (CMB1.L). 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.

CACX.LCMB1.LDifference
Sharpe ratioReturn per unit of total volatility
0.91
2.38

-1.46

Sortino ratioReturn per unit of downside risk
1.34
3.22

-1.88

Omega ratioGain probability vs. loss probability

1.18

1.41

-0.24

Calmar ratioReturn relative to maximum drawdown

1.11

3.47

-2.36

Martin ratioReturn relative to average drawdown

3.33

12.55

-9.22

CACX.L vs. CMB1.L - Sharpe Ratio Comparison

The current CACX.L Sharpe Ratio is 0.91, which is lower than the CMB1.L Sharpe Ratio of 2.38. The chart below compares the historical Sharpe Ratios of CACX.L and CMB1.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

CACX.L vs. CMB1.L - Drawdown Comparison

The maximum CACX.L drawdown since its inception was -54.68%, roughly equal to the maximum CMB1.L drawdown of -56.05%. Use the drawdown chart below to compare losses from any high point for CACX.L and CMB1.L.

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Drawdown Indicators

CACX.LCMB1.LDifference

Max Drawdown

Largest peak-to-trough decline

-54.68%

-56.05%

+1.37%

Max Drawdown (1Y)

Largest decline over 1 year

-11.81%

-10.32%

-1.49%

Max Drawdown (3Y)

Largest decline over 3 years

-14.77%

-15.62%

+0.85%

Max Drawdown (5Y)

Largest decline over 5 years

-19.36%

-24.19%

+4.83%

Max Drawdown (10Y)

Largest decline over 10 years

-32.83%

-36.61%

+3.78%

Current Drawdown

Current decline from peak

-1.85%

-3.02%

+1.17%

Average Drawdown

Average peak-to-trough decline

-19.41%

-15.20%

-4.21%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.93%

2.86%

+1.07%

Volatility

CACX.L vs. CMB1.L - Volatility Comparison

The current volatility for Lyxor CAC 40 (DR) UCITS ETF - Dist (CACX.L) is 2.82%, while iShares FTSE MIB UCITS ETF (Acc) (CMB1.L) has a volatility of 3.95%. This indicates that CACX.L experiences smaller price fluctuations and is considered to be less risky than CMB1.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

CACX.LCMB1.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.82%

3.95%

-1.13%

Volatility (6M)

Calculated over the trailing 6-month period

11.24%

12.43%

-1.19%

Volatility (1Y)

Calculated over the trailing 1-year period

14.31%

15.07%

-0.76%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.69%

17.99%

-1.30%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.58%

20.07%

-2.49%

CACX.L vs. CMB1.L - Expense Ratio Comparison

CACX.L has a 0.25% expense ratio, which is lower than CMB1.L's 0.33% expense ratio.

Dividends

CACX.L vs. CMB1.L - Dividend Comparison

CACX.L's dividend yield for the trailing twelve months is around 2.78%, while CMB1.L has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
CACX.L
Lyxor CAC 40 (DR) UCITS ETF - Dist		2.78%2.90%3.00%2.79%2.54%1.95%1.66%4.70%6.43%4.82%3.49%3.46%
CMB1.L
iShares FTSE MIB UCITS ETF (Acc)		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

CACX.L and CMB1.L have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, CACX.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

CACX.L is cheaper with a 0.25% expense ratio, compared with 0.33% for CMB1.L.

CACX.L tracks Euronext Paris CAC 40 NR EUR, while CMB1.L tracks FTSE Italia AllShare TR EUR. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.25% for CACX.L and 0.33% for CMB1.L.

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