CEBP.DE vs. ISPA.DE
CEBP.DE (iShares MSCI EMU USD Hedged UCITS ETF (Acc)) and ISPA.DE (iShares STOXX Global Select Dividend 100 UCITS ETF (DE)) are both exchange-traded funds - CEBP.DE is a Europe Equities fund tracking the MSCI EMU 100% Hedged to USD Index, while ISPA.DE is a Global Equities fund tracking the STOXX® Global Select Dividend 100 index. Both are passively managed. Over the past 10 years, CEBP.DE returned 13.04%/yr vs 8.88%/yr for ISPA.DE. A 0.77 correlation means they provide meaningful diversification when combined. CEBP.DE charges 0.38%/yr vs 0.46%/yr for ISPA.DE.
Performance
CEBP.DE vs. ISPA.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CEBP.DE achieves a 18.33% return, which is significantly higher than ISPA.DE's 14.66% return. Over the past 10 years, CEBP.DE has outperformed ISPA.DE with an annualized return of 13.04%, while ISPA.DE has yielded a comparatively lower 8.88% annualized return.
CEBP.DE
- 1D
- 1.07%
- 1M
- 6.87%
- 6M
- 17.26%
- YTD
- 18.33%
- 1Y
- 30.12%
- 3Y*
- 17.21%
- 5Y*
- 14.39%
- 10Y*
- 13.04%
ISPA.DE
- 1D
- 0.47%
- 1M
- 1.53%
- 6M
- 13.66%
- YTD
- 14.66%
- 1Y
- 28.82%
- 3Y*
- 18.87%
- 5Y*
- 10.92%
- 10Y*
- 8.88%
CEBP.DE vs. ISPA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CEBP.DE iShares MSCI EMU USD Hedged UCITS ETF (Acc) | 18.33% | 12.28% | 17.61% | 17.66% | -3.75% | 33.16% | -8.03% | 34.07% | -6.38% | 1.04% |
ISPA.DE iShares STOXX Global Select Dividend 100 UCITS ETF (DE) | 14.66% | 19.72% | 12.97% | 4.78% | -1.91% | 22.80% | -9.12% | 24.23% | -6.97% | 2.97% |
Correlation
The correlation between CEBP.DE and ISPA.DE is 0.64, 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 | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Jul 3, 2015 | 0.77 |
The correlation between CEBP.DE and ISPA.DE shifts across timeframes, from 0.64 (1 year) to 0.77 (all time), reflecting how their relationship changes across market environments.
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
CEBP.DE vs. ISPA.DE — Risk / Return Rank
CEBP.DE
ISPA.DE
CEBP.DE vs. ISPA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EMU USD Hedged UCITS ETF (Acc) (CEBP.DE) and iShares STOXX Global Select Dividend 100 UCITS ETF (DE) (ISPA.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.
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.
| CEBP.DE | ISPA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.18 | ||
| Sortino ratioReturn per unit of downside risk | -1.61 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.59 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 3.65 | 7.87 | -4.22 |
| Martin ratioReturn relative to average drawdown | 13.30 | 28.42 | -15.12 |
Loading charts...
Drawdowns
CEBP.DE vs. ISPA.DE - Drawdown Comparison
The maximum CEBP.DE drawdown since its inception was -38.05%, roughly equal to the maximum ISPA.DE drawdown of -38.90%. Use the drawdown chart below to compare losses from any high point for CEBP.DE and ISPA.DE.
Loading charts...
Drawdown Indicators
| CEBP.DE | ISPA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.05% | -38.90% | +0.85% |
Max Drawdown (1Y)Largest decline over 1 year | -8.21% | -3.64% | -4.57% |
Max Drawdown (3Y)Largest decline over 3 years | -19.71% | -15.09% | -4.62% |
Max Drawdown (5Y)Largest decline over 5 years | -19.71% | -15.09% | -4.62% |
Max Drawdown (10Y)Largest decline over 10 years | -38.05% | -38.90% | +0.85% |
Current DrawdownCurrent decline from peak | 0.00% | -0.29% | +0.29% |
Average DrawdownAverage peak-to-trough decline | -6.57% | -4.53% | -2.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.26% | 1.01% | +1.25% |
Volatility
CEBP.DE vs. ISPA.DE - Volatility Comparison
iShares MSCI EMU USD Hedged UCITS ETF (Acc) (CEBP.DE) has a higher volatility of 3.22% compared to iShares STOXX Global Select Dividend 100 UCITS ETF (DE) (ISPA.DE) at 2.36%. This indicates that CEBP.DE's price experiences larger fluctuations and is considered to be riskier than ISPA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CEBP.DE | ISPA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.22% | 2.36% | +0.86% |
Volatility (6M)Calculated over the trailing 6-month period | 11.02% | 6.87% | +4.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.68% | 8.95% | +5.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.58% | 11.97% | +3.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.19% | 14.65% | +2.54% |
CEBP.DE vs. ISPA.DE - Expense Ratio Comparison
CEBP.DE has a 0.38% expense ratio, which is lower than ISPA.DE's 0.46% expense ratio.
Dividends
CEBP.DE vs. ISPA.DE - Dividend Comparison
CEBP.DE has not paid dividends to shareholders, while ISPA.DE's dividend yield for the trailing twelve months is around 3.71%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CEBP.DE iShares MSCI EMU USD Hedged 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% |
ISPA.DE iShares STOXX Global Select Dividend 100 UCITS ETF (DE) | 3.71% | 4.52% | 4.89% | 5.91% | 4.87% | 3.31% | 4.04% | 4.02% | 4.01% | 5.66% | 3.64% | 4.35% |
Frequently Asked Questions
CEBP.DE and ISPA.DE have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CEBP.DE is cheaper at 0.38% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CEBP.DE is cheaper with a 0.38% expense ratio, compared with 0.46% for ISPA.DE.
CEBP.DE is categorized as Europe Equities, while ISPA.DE is Global Equities. CEBP.DE tracks MSCI EMU 100% Hedged to USD Index, while ISPA.DE tracks STOXX® Global Select Dividend 100 index. Their fees differ too: 0.38% for CEBP.DE and 0.46% for ISPA.DE.
Find the right allocation for CEBP.DE and ISPA.DE
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