CEMG.DE vs. EUNA.DE
CEMG.DE (iShares MSCI Emerging Markets Consumer Growth UCITS ETF USD (Acc)) and EUNA.DE (iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc) are both exchange-traded funds - CEMG.DE is a Consumer Staples Equities fund tracking the Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR, while EUNA.DE is a Global Bonds fund tracking the Bloomberg Global Aggregate Bond (EUR Hedged). Both are passively managed. Over the past 5 years, CEMG.DE returned -2.27%/yr vs -1.29%/yr for EUNA.DE. At a correlation of -0.00, they often move in opposite directions. CEMG.DE charges 0.60%/yr vs 0.10%/yr for EUNA.DE.
Performance
CEMG.DE vs. EUNA.DE - Performance Comparison
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Returns By Period
In the year-to-date period, CEMG.DE achieves a -7.03% return, which is significantly lower than EUNA.DE's -0.46% return.
CEMG.DE
- 1D
- -0.23%
- 1M
- -1.58%
- YTD
- -7.03%
- 6M
- -8.66%
- 1Y
- -8.22%
- 3Y*
- 3.00%
- 5Y*
- -2.27%
- 10Y*
- 3.56%
EUNA.DE
- 1D
- 0.22%
- 1M
- -0.12%
- YTD
- -0.46%
- 6M
- -0.07%
- 1Y
- 1.32%
- 3Y*
- 2.28%
- 5Y*
- -1.29%
- 10Y*
- —
CEMG.DE vs. EUNA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CEMG.DE iShares MSCI Emerging Markets Consumer Growth UCITS ETF USD (Acc) | -7.03% | 0.86% | 16.93% | 1.69% | -16.08% | -1.07% | 11.30% | 25.51% | -16.68% | 0.71% |
EUNA.DE iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc | -0.46% | 2.79% | 1.60% | 4.36% | -13.52% | -2.37% | 3.70% | 5.06% | -1.17% | -0.54% |
Correlation
The correlation between CEMG.DE and EUNA.DE is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2017 | -0.00 |
The correlation between CEMG.DE and EUNA.DE shifts across timeframes, from -0.00 (all time) to 0.28 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
CEMG.DE vs. EUNA.DE — Risk / Return Rank
CEMG.DE
EUNA.DE
CEMG.DE vs. EUNA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Emerging Markets Consumer Growth UCITS ETF USD (Acc) (CEMG.DE) and iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (EUNA.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.
| CEMG.DE | EUNA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.98 | ||
| Sortino ratioReturn per unit of downside risk | -1.32 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.06 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.58 | 0.43 | -1.01 |
| Martin ratioReturn relative to average drawdown | -1.23 | 1.18 | -2.41 |
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
| CEMG.DE | EUNA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.64 | 0.34 | -0.98 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.12 | -0.28 | +0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.19 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | -0.05 | +0.27 |
Drawdowns
CEMG.DE vs. EUNA.DE - Drawdown Comparison
The maximum CEMG.DE drawdown since its inception was -33.94%, which is greater than EUNA.DE's maximum drawdown of -17.79%. Use the drawdown chart below to compare losses from any high point for CEMG.DE and EUNA.DE.
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Drawdown Indicators
| CEMG.DE | EUNA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.94% | -17.79% | -16.15% |
Max Drawdown (1Y)Largest decline over 1 year | -14.05% | -2.75% | -11.30% |
Max Drawdown (3Y)Largest decline over 3 years | -20.18% | -4.02% | -16.16% |
Max Drawdown (5Y)Largest decline over 5 years | -31.08% | -17.03% | -14.05% |
Max Drawdown (10Y)Largest decline over 10 years | -33.94% | — | — |
Current DrawdownCurrent decline from peak | -18.75% | -8.66% | -10.09% |
Average DrawdownAverage peak-to-trough decline | -12.26% | -6.76% | -5.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.68% | 0.99% | +5.69% |
Volatility
CEMG.DE vs. EUNA.DE - Volatility Comparison
iShares MSCI Emerging Markets Consumer Growth UCITS ETF USD (Acc) (CEMG.DE) has a higher volatility of 4.37% compared to iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (EUNA.DE) at 1.35%. This indicates that CEMG.DE's price experiences larger fluctuations and is considered to be riskier than EUNA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CEMG.DE | EUNA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.37% | 1.35% | +3.02% |
Volatility (6M)Calculated over the trailing 6-month period | 10.24% | 2.82% | +7.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.88% | 3.46% | +9.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.54% | 4.64% | +13.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.33% | 4.27% | +14.06% |
CEMG.DE vs. EUNA.DE - Expense Ratio Comparison
CEMG.DE has a 0.60% expense ratio, which is higher than EUNA.DE's 0.10% expense ratio.
Dividends
CEMG.DE vs. EUNA.DE - Dividend Comparison
Neither CEMG.DE nor EUNA.DE has paid dividends to shareholders.
Frequently Asked Questions
CEMG.DE and EUNA.DE have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUNA.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUNA.DE is cheaper with a 0.10% expense ratio, compared with 0.60% for CEMG.DE.
CEMG.DE is categorized as Consumer Staples Equities, while EUNA.DE is Global Bonds. CEMG.DE tracks Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR, while EUNA.DE tracks Bloomberg Global Aggregate Bond (EUR Hedged). Their fees differ too: 0.60% for CEMG.DE and 0.10% for EUNA.DE.
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