PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
CEMF.DE vs. SYB5.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CEMF.DE vs. SYB5.DE

Last updated Jul 21, 2026
Documentation

CEMF.DE (iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Acc) and SYB5.DE (State Street SPDR Bloomberg 1-5 Year Gilt UCITS ETF (Dist)) are both Government Bonds funds - CEMF.DE tracks the ICE US Treasury 7-10 Year (EUR Hedged) Index while SYB5.DE tracks the Bloomberg Sterling 1-5 Year Aggregate Gilts Bond Index. Both are passively managed. At a 0.30 correlation, their price movements are largely independent. CEMF.DE charges 0.10%/yr vs 0.15%/yr for SYB5.DE.

Performance

CEMF.DE vs. SYB5.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Acc (CEMF.DE) and State Street SPDR Bloomberg 1-5 Year Gilt UCITS ETF (Dist) (SYB5.DE). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, CEMF.DE achieves a -1.56% return, which is significantly lower than SYB5.DE's 3.04% return.

CEMF.DE

1D
0.00%
1M
0.05%
6M
-0.81%
YTD
-1.56%
1Y
—
3Y*
—
5Y*
—
10Y*
—
ALL TIME*
—

SYB5.DE

1D
-0.12%
1M
1.85%
6M
2.14%
YTD
3.04%
1Y
4.51%
3Y*
4.74%
5Y*
1.12%
10Y*
0.44%
ALL TIME*
0.46%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CEMF.DE vs. SYB5.DE - Yearly Performance Comparison

2026 (YTD)2025
CEMF.DE
iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Acc		-1.56%1.70%
SYB5.DE
State Street SPDR Bloomberg 1-5 Year Gilt UCITS ETF (Dist)		3.04%1.44%

Correlation

The correlation between CEMF.DE and SYB5.DE is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (All Time)
Calculated using the full available price history since Aug 4, 2025

0.30

Compare stocks, funds, or ETFs

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

iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Acc

State Street SPDR Bloomberg 1-5 Year Gilt UCITS ETF (Dist)

Often compared with CEMF.DE:
CEMF.DE vs. BBTR.DECEMF.DE vs. OM3M.DECEMF.DE vs. QDVP.DECEMF.DE vs. XUTD.DECEMF.DE vs. SPP3.DECEMF.DE vs. SPP7.DECEMF.DE vs. TRDL.DE
Often compared with SYB5.DE:
SYB5.DE vs. EUN6.DESYB5.DE vs. EXHC.DESYB5.DE vs. TRD1.DESYB5.DE vs. IBCC.DESYB5.DE vs. PR1G.DESYB5.DE vs. EXVM.DESYB5.DE vs. LYXF.DE

Return for Risk

CEMF.DE vs. SYB5.DE — Risk / Return Rank

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

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SYB5.DE
SYB5.DE Risk / Return Rank: 4343
Overall Rank
SYB5.DE Sharpe Ratio Rank: 3737
Sharpe Ratio Rank
SYB5.DE Sortino Ratio Rank: 3535
Sortino Ratio Rank
SYB5.DE Omega Ratio Rank: 3636
Omega Ratio Rank
SYB5.DE Calmar Ratio Rank: 6060
Calmar Ratio Rank
SYB5.DE Martin Ratio Rank: 4848
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.

CEMF.DE vs. SYB5.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Acc (CEMF.DE) and State Street SPDR Bloomberg 1-5 Year Gilt UCITS ETF (Dist) (SYB5.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.

CEMF.DESYB5.DEDifference
Sharpe ratioReturn per unit of total volatility

—

0.99

—

Sortino ratioReturn per unit of downside risk

—

1.42

—

Omega ratioGain probability vs. loss probability

—

1.18

—

Calmar ratioReturn relative to maximum drawdown

—

2.22

—

Martin ratioReturn relative to average drawdown

—

5.85

—

CEMF.DE vs. SYB5.DE - Sharpe Ratio Comparison

Loading charts...

Drawdowns

CEMF.DE vs. SYB5.DE - Drawdown Comparison

The maximum CEMF.DE drawdown since its inception was -4.45%, smaller than the maximum SYB5.DE drawdown of -26.72%. Use the drawdown chart below to compare losses from any high point for CEMF.DE and SYB5.DE.

Loading charts...

Drawdown Indicators

CEMF.DESYB5.DEDifference

Max Drawdown

Largest peak-to-trough decline

-4.45%

-26.72%

+22.27%

Max Drawdown (1Y)

Largest decline over 1 year

—

-2.02%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-4.43%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-15.56%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-16.19%

—

Current Drawdown

Current decline from peak

-3.11%

-10.34%

+7.23%

Average Drawdown

Average peak-to-trough decline

-1.45%

-13.57%

+12.12%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

0.77%

—

Volatility

CEMF.DE vs. SYB5.DE - Volatility Comparison

Loading charts...

Volatility by Period

CEMF.DESYB5.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

—

1.36%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

3.46%

—

Volatility (1Y)

Calculated over the trailing 1-year period

4.50%

4.54%

-0.04%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.50%

6.28%

-1.78%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.50%

6.93%

-2.43%

CEMF.DE vs. SYB5.DE - Expense Ratio Comparison

CEMF.DE has a 0.10% expense ratio, which is lower than SYB5.DE's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

CEMF.DE vs. SYB5.DE - Dividend Comparison

CEMF.DE has not paid dividends to shareholders, while SYB5.DE's dividend yield for the trailing twelve months is around 3.56%.

PositionTTM20252024202320222021202020192018201720162015
CEMF.DE
iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged 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%
SYB5.DE
State Street SPDR Bloomberg 1-5 Year Gilt UCITS ETF (Dist)		3.56%3.52%2.66%1.30%0.19%0.12%0.48%0.57%0.40%0.54%0.94%0.99%

Frequently Asked Questions

CEMF.DE and SYB5.DE have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, CEMF.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

CEMF.DE is cheaper with a 0.10% expense ratio, compared with 0.15% for SYB5.DE.

CEMF.DE tracks ICE US Treasury 7-10 Year (EUR Hedged) Index, while SYB5.DE tracks Bloomberg Sterling 1-5 Year Aggregate Gilts Bond Index. They also come from different issuers: iShares and State Street. Their fees differ too: 0.10% for CEMF.DE and 0.15% for SYB5.DE.

Portfolio Optimizer

Find the right allocation for CEMF.DE and SYB5.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