CEMG.DE vs. SC0P.DE
CEMG.DE (iShares MSCI Emerging Markets Consumer Growth UCITS ETF USD (Acc)) and SC0P.DE (Invesco European Autos Sector UCITS ETF) are both Consumer Staples Equities funds - CEMG.DE tracks the Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR while SC0P.DE tracks the STOXX® Europe 600 Optimised Automobiles & Parts. Both are passively managed. Over the past 10 years, CEMG.DE returned 3.56%/yr vs 2.37%/yr for SC0P.DE. A 0.54 correlation means they provide meaningful diversification when combined. CEMG.DE charges 0.60%/yr vs 0.20%/yr for SC0P.DE.
Performance
CEMG.DE vs. SC0P.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 higher than SC0P.DE's -11.55% return. Over the past 10 years, CEMG.DE has outperformed SC0P.DE with an annualized return of 3.56%, while SC0P.DE has yielded a comparatively lower 2.37% annualized return.
CEMG.DE
- 1D
- -0.23%
- 1M
- -0.30%
- YTD
- -7.03%
- 6M
- -7.84%
- 1Y
- -8.22%
- 3Y*
- 3.00%
- 5Y*
- -2.27%
- 10Y*
- 3.56%
SC0P.DE
- 1D
- -0.56%
- 1M
- 3.76%
- YTD
- -11.55%
- 6M
- -13.18%
- 1Y
- -8.72%
- 3Y*
- -6.25%
- 5Y*
- -4.61%
- 10Y*
- 2.37%
CEMG.DE vs. SC0P.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% | 23.33% |
SC0P.DE Invesco European Autos Sector UCITS ETF | -11.55% | 2.03% | -10.79% | 24.20% | -16.71% | 23.96% | 4.85% | 19.08% | -26.00% | 16.92% |
Correlation
The correlation between CEMG.DE and SC0P.DE is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Jun 17, 2014 | 0.54 |
The correlation between CEMG.DE and SC0P.DE has been stable across timeframes, ranging from 0.45 to 0.54 - a consistent structural relationship.
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Return for Risk
CEMG.DE vs. SC0P.DE — Risk / Return Rank
CEMG.DE
SC0P.DE
CEMG.DE vs. SC0P.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 Invesco European Autos Sector UCITS ETF (SC0P.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 | SC0P.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.41 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 0.95 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.58 | -0.42 | -0.16 |
| Martin ratioReturn relative to average drawdown | -1.23 | -0.97 | -0.26 |
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 | SC0P.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.64 | -0.38 | -0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.12 | -0.19 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.19 | 0.09 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.25 | -0.03 |
Drawdowns
CEMG.DE vs. SC0P.DE - Drawdown Comparison
The maximum CEMG.DE drawdown since its inception was -33.94%, smaller than the maximum SC0P.DE drawdown of -60.05%. Use the drawdown chart below to compare losses from any high point for CEMG.DE and SC0P.DE.
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Drawdown Indicators
| CEMG.DE | SC0P.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.94% | -60.05% | +26.11% |
Max Drawdown (1Y)Largest decline over 1 year | -14.05% | -20.74% | +6.69% |
Max Drawdown (3Y)Largest decline over 3 years | -20.18% | -35.82% | +15.64% |
Max Drawdown (5Y)Largest decline over 5 years | -31.08% | -35.82% | +4.74% |
Max Drawdown (10Y)Largest decline over 10 years | -33.94% | -60.05% | +26.11% |
Current DrawdownCurrent decline from peak | -18.75% | -30.84% | +12.09% |
Average DrawdownAverage peak-to-trough decline | -12.26% | -15.57% | +3.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.68% | 8.99% | -2.31% |
Volatility
CEMG.DE vs. SC0P.DE - Volatility Comparison
The current volatility for iShares MSCI Emerging Markets Consumer Growth UCITS ETF USD (Acc) (CEMG.DE) is 4.37%, while Invesco European Autos Sector UCITS ETF (SC0P.DE) has a volatility of 5.49%. This indicates that CEMG.DE experiences smaller price fluctuations and is considered to be less risky than SC0P.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 | SC0P.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.37% | 5.49% | -1.12% |
Volatility (6M)Calculated over the trailing 6-month period | 10.24% | 17.30% | -7.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.88% | 23.04% | -10.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.54% | 24.57% | -6.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.33% | 26.09% | -7.76% |
CEMG.DE vs. SC0P.DE - Expense Ratio Comparison
CEMG.DE has a 0.60% expense ratio, which is higher than SC0P.DE's 0.20% expense ratio.
Dividends
CEMG.DE vs. SC0P.DE - Dividend Comparison
Neither CEMG.DE nor SC0P.DE has paid dividends to shareholders.
Frequently Asked Questions
CEMG.DE and SC0P.DE have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SC0P.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SC0P.DE is cheaper with a 0.20% expense ratio, compared with 0.60% for CEMG.DE.
CEMG.DE tracks Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR, while SC0P.DE tracks STOXX® Europe 600 Optimised Automobiles & Parts. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.60% for CEMG.DE and 0.20% for SC0P.DE.
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