CEB0.DE vs. EM1C.DE
CEB0.DE (iShares China CNY Bond UCITS ETF EUR Hedged Dist) and EM1C.DE (VanEck J.P. Morgan EM Local Currency Bond UCITS ETF) are both Emerging Markets Bonds funds - CEB0.DE tracks the Bloomberg Barclays China Treasury + Policy Bank Index while EM1C.DE tracks the JP Morgan GBI-Emerging Markets Global Core. Both are passively managed. Over the past year, CEB0.DE returned 1.59% vs 7.02% for EM1C.DE. At a 0.10 correlation, their price movements are largely independent. CEB0.DE charges 0.40%/yr vs 0.30%/yr for EM1C.DE.
Performance
CEB0.DE vs. EM1C.DE - Performance Comparison
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Returns By Period
In the year-to-date period, CEB0.DE achieves a 1.63% return, which is significantly lower than EM1C.DE's 2.30% return.
CEB0.DE
- 1D
- -0.13%
- 1M
- 0.30%
- YTD
- 1.63%
- 6M
- 1.79%
- 1Y
- 1.59%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EM1C.DE
- 1D
- -0.08%
- 1M
- 1.38%
- YTD
- 2.30%
- 6M
- 2.32%
- 1Y
- 7.02%
- 3Y*
- 4.00%
- 5Y*
- 2.23%
- 10Y*
- —
CEB0.DE vs. EM1C.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
CEB0.DE iShares China CNY Bond UCITS ETF EUR Hedged Dist | 1.63% | 0.43% | 6.89% |
EM1C.DE VanEck J.P. Morgan EM Local Currency Bond UCITS ETF | 2.30% | 4.53% | 3.56% |
Correlation
The correlation between CEB0.DE and EM1C.DE is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Apr 9, 2024 | 0.10 |
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Return for Risk
CEB0.DE vs. EM1C.DE — Risk / Return Rank
CEB0.DE
EM1C.DE
CEB0.DE vs. EM1C.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares China CNY Bond UCITS ETF EUR Hedged Dist (CEB0.DE) and VanEck J.P. Morgan EM Local Currency Bond UCITS ETF (EM1C.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.
| CEB0.DE | EM1C.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.45 | ||
| Sortino ratioReturn per unit of downside risk | -0.74 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.26 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.43 | 2.04 | -0.61 |
| Martin ratioReturn relative to average drawdown | 3.02 | 6.75 | -3.73 |
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
| CEB0.DE | EM1C.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.94 | 1.39 | -0.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.31 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.03 | 0.09 | +1.94 |
Drawdowns
CEB0.DE vs. EM1C.DE - Drawdown Comparison
The maximum CEB0.DE drawdown since its inception was -1.83%, smaller than the maximum EM1C.DE drawdown of -18.83%. Use the drawdown chart below to compare losses from any high point for CEB0.DE and EM1C.DE.
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Drawdown Indicators
| CEB0.DE | EM1C.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.83% | -18.83% | +17.00% |
Max Drawdown (1Y)Largest decline over 1 year | -1.11% | -3.42% | +2.31% |
Max Drawdown (3Y)Largest decline over 3 years | — | -7.20% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -8.53% | — |
Current DrawdownCurrent decline from peak | -0.34% | -0.85% | +0.51% |
Average DrawdownAverage peak-to-trough decline | -0.38% | -8.00% | +7.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.52% | 1.04% | -0.52% |
Volatility
CEB0.DE vs. EM1C.DE - Volatility Comparison
The current volatility for iShares China CNY Bond UCITS ETF EUR Hedged Dist (CEB0.DE) is 1.02%, while VanEck J.P. Morgan EM Local Currency Bond UCITS ETF (EM1C.DE) has a volatility of 1.55%. This indicates that CEB0.DE experiences smaller price fluctuations and is considered to be less risky than EM1C.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CEB0.DE | EM1C.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.02% | 1.55% | -0.53% |
Volatility (6M)Calculated over the trailing 6-month period | 1.45% | 4.15% | -2.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.68% | 5.03% | -3.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.03% | 7.03% | -5.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.03% | 8.06% | -6.03% |
CEB0.DE vs. EM1C.DE - Expense Ratio Comparison
CEB0.DE has a 0.40% expense ratio, which is higher than EM1C.DE's 0.30% expense ratio.
Dividends
CEB0.DE vs. EM1C.DE - Dividend Comparison
CEB0.DE's dividend yield for the trailing twelve months is around 1.81%, while EM1C.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
CEB0.DE iShares China CNY Bond UCITS ETF EUR Hedged Dist | 1.81% | 1.84% | 1.43% | 0.00% | 0.00% |
EM1C.DE VanEck J.P. Morgan EM Local Currency Bond UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.19% |
Frequently Asked Questions
CEB0.DE and EM1C.DE have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EM1C.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EM1C.DE is cheaper with a 0.30% expense ratio, compared with 0.40% for CEB0.DE.
CEB0.DE tracks Bloomberg Barclays China Treasury + Policy Bank Index, while EM1C.DE tracks JP Morgan GBI-Emerging Markets Global Core. They also come from different issuers: iShares and VanEck. Their fees differ too: 0.40% for CEB0.DE and 0.30% for EM1C.DE.
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