CE vs. IEMG
CE (Celanese Corporation) is a stock, while IEMG (iShares Core MSCI Emerging Markets ETF) is Emerging Markets Diversified fund tracking the MSCI Emerging Markets Investable Market Index (USD) (Net). Over the past 10 years, CE returned -2.47%/yr vs 8.90%/yr for IEMG. At a 0.48 correlation, their price movements are largely independent.
Performance
CE vs. IEMG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CE achieves a 8.39% return, which is significantly lower than IEMG's 17.13% return. Over the past 10 years, CE has underperformed IEMG with an annualized return of -2.47%, while IEMG has yielded a comparatively higher 8.90% annualized return.
CE
- 1D
- -3.03%
- 1M
- -11.84%
- 6M
- -2.78%
- YTD
- 8.39%
- 1Y
- -19.39%
- 3Y*
- -26.84%
- 5Y*
- -20.13%
- 10Y*
- -2.47%
IEMG
- 1D
- -1.97%
- 1M
- -6.06%
- 6M
- 10.62%
- YTD
- 17.13%
- 1Y
- 31.69%
- 3Y*
- 18.63%
- 5Y*
- 6.68%
- 10Y*
- 8.90%
CE vs. IEMG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CE Celanese Corporation | 8.39% | -38.76% | -54.57% | 55.69% | -37.77% | 31.75% | 8.25% | 39.85% | -14.31% | 38.52% |
IEMG iShares Core MSCI Emerging Markets ETF | 17.13% | 32.56% | 6.50% | 11.52% | -19.98% | -0.64% | 17.87% | 17.81% | -14.92% | 37.38% |
Correlation
The correlation between CE and IEMG is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 2012 | 0.48 |
Over the past year, the correlation between CE and IEMG has dropped to 0.18 - well below their long-term average of 0.48, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CE vs. IEMG — Risk / Return Rank
CE
IEMG
CE vs. IEMG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Celanese Corporation (CE) and iShares Core MSCI Emerging Markets ETF (IEMG). 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.
| CE | IEMG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.73 | ||
| Sortino ratioReturn per unit of downside risk | -2.03 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.27 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | -0.48 | 2.41 | -2.89 |
| Martin ratioReturn relative to average drawdown | -0.82 | 8.05 | -8.87 |
Loading charts...
Drawdowns
CE vs. IEMG - Drawdown Comparison
The maximum CE drawdown since its inception was -84.87%, which is greater than IEMG's maximum drawdown of -38.71%. Use the drawdown chart below to compare losses from any high point for CE and IEMG.
Loading charts...
Drawdown Indicators
| CE | IEMG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.87% | -38.71% | -46.16% |
Max Drawdown (1Y)Largest decline over 1 year | -40.46% | -13.21% | -27.25% |
Max Drawdown (3Y)Largest decline over 3 years | -78.96% | -17.21% | -61.75% |
Max Drawdown (5Y)Largest decline over 5 years | -78.96% | -33.68% | -45.28% |
Max Drawdown (10Y)Largest decline over 10 years | -78.96% | -38.71% | -40.25% |
Current DrawdownCurrent decline from peak | -72.86% | -9.17% | -63.69% |
Average DrawdownAverage peak-to-trough decline | -20.90% | -12.90% | -8.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.61% | 3.95% | +19.66% |
Volatility
CE vs. IEMG - Volatility Comparison
Celanese Corporation (CE) has a higher volatility of 12.15% compared to iShares Core MSCI Emerging Markets ETF (IEMG) at 9.60%. This indicates that CE's price experiences larger fluctuations and is considered to be riskier than IEMG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CE | IEMG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.15% | 9.60% | +2.55% |
Volatility (6M)Calculated over the trailing 6-month period | 40.53% | 21.04% | +19.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.12% | 22.96% | +33.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.38% | 19.18% | +26.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.30% | 20.23% | +19.07% |
Dividends
CE vs. IEMG - Dividend Comparison
CE's dividend yield for the trailing twelve months is around 0.26%, less than IEMG's 2.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CE Celanese Corporation | 0.26% | 0.28% | 4.05% | 1.80% | 2.68% | 1.62% | 1.91% | 1.95% | 2.31% | 1.62% | 1.75% | 1.71% |
IEMG iShares Core MSCI Emerging Markets ETF | 2.30% | 2.75% | 3.20% | 2.89% | 2.71% | 3.06% | 1.87% | 3.15% | 2.76% | 2.35% | 2.28% | 2.53% |
Frequently Asked Questions
CE and IEMG have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CE has higher volatility (12.15%) compared to IEMG (9.60%). In terms of maximum drawdown, CE dropped -84.87% vs IEMG's -38.71%.
IEMG currently has the higher Sharpe Ratio (1.39 vs -0.35), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for CE and IEMG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer