CEMF.DE vs. YCSH.DE

Last updated Jun 5, 2026

CEMF.DE (iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Acc) and YCSH.DE (iShares € Cash UCITS ETF EUR Acc) are both exchange-traded funds - CEMF.DE is a Government Bonds fund tracking the ICE US Treasury 7-10 Year (EUR Hedged) Index, while YCSH.DE is a Money Market fund actively managed by iShares. CEMF.DE is passively managed, while YCSH.DE is actively managed. At a correlation of -0.06, they often move in opposite directions. Both charge a 0.10% expense ratio.

Performance

CEMF.DE vs. YCSH.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 iShares € Cash UCITS ETF EUR Acc (YCSH.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CEMF.DE achieves a -1.42% return, which is significantly lower than YCSH.DE's 0.84% return.

CEMF.DE

• 1D: 0.28%
• 1M: -0.57%
• YTD: -1.42%
• 6M: -1.29%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

YCSH.DE

• 1D: 0.01%
• 1M: 0.15%
• YTD: 0.84%
• 6M: 0.99%
• 1Y: 1.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

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

	2026 (YTD)	2025
CEMF.DE iShares $ Treasury Bond 7-10yr UCITS ETF EUR Hedged Acc	-1.42%	2.59%
YCSH.DE iShares € Cash UCITS ETF EUR Acc	0.84%	0.84%

Correlation

The correlation between CEMF.DE and YCSH.DE is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	-0.06

Return for Risk

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

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

YCSH.DE

YCSH.DE Risk / Return Rank: 100
YCSH.DE Sharpe Ratio Rank: 100
YCSH.DE Sortino Ratio Rank: 100
YCSH.DE Omega Ratio Rank: 100
YCSH.DE Calmar Ratio Rank: 100
YCSH.DE Martin Ratio Rank: 100

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. YCSH.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 iShares € Cash UCITS ETF EUR Acc (YCSH.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.

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

Sharpe Ratios by Period

	CEMF.DE	YCSH.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	17.42	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	11.33	-11.04

Drawdowns

CEMF.DE vs. YCSH.DE - Drawdown Comparison

The maximum CEMF.DE drawdown since its inception was -4.45%, which is greater than YCSH.DE's maximum drawdown of -0.07%. Use the drawdown chart below to compare losses from any high point for CEMF.DE and YCSH.DE.

Drawdown Indicators

	CEMF.DE	YCSH.DE	Difference
Max Drawdown Largest peak-to-trough decline	-4.45%	-0.07%	-4.38%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.02%	—
Current Drawdown Current decline from peak	-2.97%	0.00%	-2.97%
Average Drawdown Average peak-to-trough decline	-1.20%	-0.00%	-1.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.00%	—

Volatility

Volatility by Period

	CEMF.DE	YCSH.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.04%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.09%	—
Volatility (1Y) Calculated over the trailing 1-year period	4.62%	0.11%	+4.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.62%	0.20%	+4.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.62%	0.20%	+4.42%

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

Both CEMF.DE and YCSH.DE have an expense ratio of 0.10%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

CEMF.DE vs. YCSH.DE - Dividend Comparison

Neither CEMF.DE nor YCSH.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both CEMF.DE and YCSH.DE in my portfolio?

CEMF.DE and YCSH.DE have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CEMF.DE or YCSH.DE?

Both ETFs have the same 0.10% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CEMF.DE or YCSH.DE?

CEMF.DE and YCSH.DE have the same expense ratio: 0.10% per year.

What is the main difference between CEMF.DE and YCSH.DE?

CEMF.DE is categorized as Government Bonds, while YCSH.DE is Money Market.