CEMG.DE vs. WELJ.DE
CEMG.DE (iShares MSCI Emerging Markets Consumer Growth UCITS ETF USD (Acc)) and WELJ.DE (Amundi S&P Global Consumer Discretionary ESG UCITS ETF EUR Acc) are both Consumer Staples Equities funds - CEMG.DE tracks the Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR while WELJ.DE tracks the S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Consumer Discretionary. Both are passively managed. Over the past 3 years, CEMG.DE returned 3.00%/yr vs 9.08%/yr for WELJ.DE. A 0.59 correlation means they provide meaningful diversification when combined. CEMG.DE charges 0.60%/yr vs 0.18%/yr for WELJ.DE.
Performance
CEMG.DE vs. WELJ.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CEMG.DE achieves a -7.03% return, which is significantly lower than WELJ.DE's -1.85% 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%
WELJ.DE
- 1D
- 0.21%
- 1M
- -0.51%
- YTD
- -1.85%
- 6M
- -1.53%
- 1Y
- 6.43%
- 3Y*
- 9.08%
- 5Y*
- —
- 10Y*
- —
CEMG.DE vs. WELJ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CEMG.DE iShares MSCI Emerging Markets Consumer Growth UCITS ETF USD (Acc) | -7.03% | 0.86% | 16.93% | 1.69% | 1.74% |
WELJ.DE Amundi S&P Global Consumer Discretionary ESG UCITS ETF EUR Acc | -1.85% | -4.79% | 29.73% | 30.43% | -8.02% |
Correlation
The correlation between CEMG.DE and WELJ.DE is 0.62, 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 | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2022 | 0.59 |
The correlation between CEMG.DE and WELJ.DE has been stable across timeframes, ranging from 0.59 to 0.62 - a consistent structural relationship.
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
CEMG.DE vs. WELJ.DE — Risk / Return Rank
CEMG.DE
WELJ.DE
CEMG.DE vs. WELJ.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 Amundi S&P Global Consumer Discretionary ESG UCITS ETF EUR Acc (WELJ.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 | WELJ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.02 | ||
| Sortino ratioReturn per unit of downside risk | -1.47 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.08 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | -0.58 | 0.44 | -1.02 |
| Martin ratioReturn relative to average drawdown | -1.23 | 1.20 | -2.43 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CEMG.DE | WELJ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.64 | 0.38 | -1.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.12 | — | — |
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 | 0.59 | -0.37 |
Drawdowns
CEMG.DE vs. WELJ.DE - Drawdown Comparison
The maximum CEMG.DE drawdown since its inception was -33.94%, which is greater than WELJ.DE's maximum drawdown of -28.28%. Use the drawdown chart below to compare losses from any high point for CEMG.DE and WELJ.DE.
Loading charts...
Drawdown Indicators
| CEMG.DE | WELJ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.94% | -28.28% | -5.66% |
Max Drawdown (1Y)Largest decline over 1 year | -14.05% | -14.62% | +0.57% |
Max Drawdown (3Y)Largest decline over 3 years | -20.18% | -28.28% | +8.10% |
Max Drawdown (5Y)Largest decline over 5 years | -31.08% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -33.94% | — | — |
Current DrawdownCurrent decline from peak | -18.75% | -10.41% | -8.34% |
Average DrawdownAverage peak-to-trough decline | -12.26% | -6.81% | -5.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.68% | 5.36% | +1.32% |
Volatility
CEMG.DE vs. WELJ.DE - Volatility Comparison
The current volatility for iShares MSCI Emerging Markets Consumer Growth UCITS ETF USD (Acc) (CEMG.DE) is 4.37%, while Amundi S&P Global Consumer Discretionary ESG UCITS ETF EUR Acc (WELJ.DE) has a volatility of 5.07%. This indicates that CEMG.DE experiences smaller price fluctuations and is considered to be less risky than WELJ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CEMG.DE | WELJ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.37% | 5.07% | -0.70% |
Volatility (6M)Calculated over the trailing 6-month period | 10.24% | 12.51% | -2.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.88% | 16.84% | -3.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.54% | 18.18% | +0.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.33% | 18.18% | +0.15% |
CEMG.DE vs. WELJ.DE - Expense Ratio Comparison
CEMG.DE has a 0.60% expense ratio, which is higher than WELJ.DE's 0.18% expense ratio.
Dividends
CEMG.DE vs. WELJ.DE - Dividend Comparison
Neither CEMG.DE nor WELJ.DE has paid dividends to shareholders.
Frequently Asked Questions
CEMG.DE and WELJ.DE have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WELJ.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WELJ.DE is cheaper with a 0.18% expense ratio, compared with 0.60% for CEMG.DE.
CEMG.DE tracks Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR, while WELJ.DE tracks S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Consumer Discretionary. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.60% for CEMG.DE and 0.18% for WELJ.DE.
Find the right allocation for CEMG.DE and WELJ.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