CEBL.DE vs. INDA

Last updated Apr 2, 2026

Compare and contrast key facts about iShares MSCI EM Asia UCITS ETF (Acc) (CEBL.DE) and iShares MSCI India ETF (INDA).

CEBL.DE and INDA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CEBL.DE is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Asia. It was launched on Aug 6, 2010. INDA is a passively managed fund by iShares that tracks the performance of the MSCI India Index. It was launched on Feb 2, 2012. Both CEBL.DE and INDA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

CEBL.DE vs. INDA - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares MSCI EM Asia UCITS ETF (Acc) (CEBL.DE) and iShares MSCI India ETF (INDA). The values are adjusted to include any dividend payments, if applicable.

CEBL.DE vs. INDA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CEBL.DE iShares MSCI EM Asia UCITS ETF (Acc)	5.52%	19.13%	18.60%	3.15%	-15.54%	2.03%	15.18%	22.17%	-12.65%	25.07%
INDA iShares MSCI India ETF	-12.25%	-9.51%	15.80%	13.65%	-3.30%	30.43%	5.36%	8.89%	-2.29%	19.35%

Different Trading Currencies

CEBL.DE is traded in EUR, while INDA is traded in USD. To make them comparable, the INDA values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, CEBL.DE achieves a 5.52% return, which is significantly higher than INDA's -12.25% return. Over the past 10 years, CEBL.DE has outperformed INDA with an annualized return of 8.71%, while INDA has yielded a comparatively lower 6.69% annualized return.

CEBL.DE

• 1D: 3.68%
• 1M: -5.93%
• YTD: 5.52%
• 6M: 8.78%
• 1Y: 25.53%
• 3Y*: 14.03%
• 5Y*: 3.86%
• 10Y*: 8.71%

INDA

• 1D: -0.38%
• 1M: -7.36%
• YTD: -12.25%
• 6M: -9.58%
• 1Y: -14.63%
• 3Y*: 3.93%
• 5Y*: 3.81%
• 10Y*: 6.69%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CEBL.DE vs. INDA - Expense Ratio Comparison

CEBL.DE has a 0.20% expense ratio, which is lower than INDA's 0.69% expense ratio.

INDA

iShares MSCI India ETF

CEBL.DE

iShares MSCI EM Asia UCITS ETF (Acc)

Return for Risk

CEBL.DE vs. INDA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CEBL.DE

CEBL.DE Risk / Return Rank: 69
CEBL.DE Sharpe Ratio Rank: 68
CEBL.DE Sortino Ratio Rank: 67
CEBL.DE Omega Ratio Rank: 63
CEBL.DE Calmar Ratio Rank: 78
CEBL.DE Martin Ratio Rank: 71

INDA

INDA Risk / Return Rank: 3
INDA Sharpe Ratio Rank: 3
INDA Sortino Ratio Rank: 3
INDA Omega Ratio Rank: 3
INDA Calmar Ratio Rank: 4
INDA Martin Ratio Rank: 1

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.

CEBL.DE vs. INDA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM Asia UCITS ETF (Acc) (CEBL.DE) and iShares MSCI India ETF (INDA). 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.

	CEBL.DE	INDA	Difference
Sharpe ratio Return per unit of total volatility	1.25	-0.89	+2.15
Sortino ratio Return per unit of downside risk	1.76	-1.25	+3.01
Omega ratio Gain probability vs. loss probability	1.24	0.85	+0.39
Calmar ratio Return relative to maximum drawdown	2.28	-0.79	+3.07
Martin ratio Return relative to average drawdown	7.79	-2.05	+9.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CEBL.DE vs. INDA - Sharpe Ratio Comparison

The current CEBL.DE Sharpe Ratio is 1.25, which is higher than the INDA Sharpe Ratio of -0.89. The chart below compares the historical Sharpe Ratios of CEBL.DE and INDA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CEBL.DE	INDA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.25	-0.89	+2.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.21	0.26	-0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.46	0.32	+0.14
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.27	+0.09

Correlation

The correlation between CEBL.DE and INDA is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

CEBL.DE vs. INDA - Dividend Comparison

Neither CEBL.DE nor INDA has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CEBL.DE iShares MSCI EM Asia 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%
INDA iShares MSCI India ETF	0.00%	0.00%	0.76%	0.16%	0.00%	6.44%	0.27%	0.99%	0.94%	1.09%	0.90%	1.19%

Drawdowns

CEBL.DE vs. INDA - Drawdown Comparison

The maximum CEBL.DE drawdown since its inception was -35.09%, smaller than the maximum INDA drawdown of -41.78%. Use the drawdown chart below to compare losses from any high point for CEBL.DE and INDA.

Drawdown Indicators

	CEBL.DE	INDA	Difference
Max Drawdown Largest peak-to-trough decline	-35.09%	-45.07%	+9.98%
Max Drawdown (1Y) Largest decline over 1 year	-14.18%	-18.69%	+4.51%
Max Drawdown (5Y) Largest decline over 5 years	-29.00%	-22.72%	-6.28%
Max Drawdown (10Y) Largest decline over 10 years	-33.12%	-45.07%	+11.95%
Current Drawdown Current decline from peak	-8.17%	-20.53%	+12.36%
Average Drawdown Average peak-to-trough decline	-11.19%	-9.48%	-1.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.34%	5.70%	-2.36%

Volatility

CEBL.DE vs. INDA - Volatility Comparison

iShares MSCI EM Asia UCITS ETF (Acc) (CEBL.DE) has a higher volatility of 7.70% compared to iShares MSCI India ETF (INDA) at 6.07%. This indicates that CEBL.DE's price experiences larger fluctuations and is considered to be riskier than INDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CEBL.DE	INDA	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.70%	6.07%	+1.63%
Volatility (6M) Calculated over the trailing 6-month period	14.38%	11.03%	+3.35%
Volatility (1Y) Calculated over the trailing 1-year period	20.28%	16.49%	+3.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.91%	15.02%	+2.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.70%	21.05%	-2.35%