CEMG.DE vs. XZEC.DE
CEMG.DE (iShares MSCI Emerging Markets Consumer Growth UCITS ETF USD (Acc)) and XZEC.DE (Xtrackers MSCI Europe Consumer Discretionary ESG Screened UCITS ETF) are both Consumer Staples Equities funds - CEMG.DE tracks the Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR while XZEC.DE tracks the MSCI Europe Consumer Discretionary ESG Screened 20-35 Select. Both are passively managed. Over the past 3 years, CEMG.DE returned 3.00%/yr vs 2.19%/yr for XZEC.DE. A 0.60 correlation means they provide meaningful diversification when combined. CEMG.DE charges 0.60%/yr vs 0.17%/yr for XZEC.DE.
Performance
CEMG.DE vs. XZEC.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 XZEC.DE's 3.52% 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%
XZEC.DE
- 1D
- 1.36%
- 1M
- 3.79%
- YTD
- 3.52%
- 6M
- 4.05%
- 1Y
- 11.05%
- 3Y*
- 2.19%
- 5Y*
- —
- 10Y*
- —
CEMG.DE vs. XZEC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CEMG.DE iShares MSCI Emerging Markets Consumer Growth UCITS ETF USD (Acc) | -7.03% | 0.86% | 16.93% | 1.69% | -16.08% | -5.18% |
XZEC.DE Xtrackers MSCI Europe Consumer Discretionary ESG Screened UCITS ETF | 3.52% | 1.95% | 3.52% | 16.28% | -16.49% | 0.39% |
Correlation
The correlation between CEMG.DE and XZEC.DE is 0.54, 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 | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2021 | 0.60 |
The correlation between CEMG.DE and XZEC.DE has been stable across timeframes, ranging from 0.54 to 0.60 - a consistent structural relationship.
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Return for Risk
CEMG.DE vs. XZEC.DE — Risk / Return Rank
CEMG.DE
XZEC.DE
CEMG.DE vs. XZEC.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 Xtrackers MSCI Europe Consumer Discretionary ESG Screened UCITS ETF (XZEC.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 | XZEC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.37 | ||
| Sortino ratioReturn per unit of downside risk | -1.99 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.13 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | -0.58 | 0.98 | -1.56 |
| Martin ratioReturn relative to average drawdown | -1.23 | 2.63 | -3.86 |
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 | XZEC.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.64 | 0.73 | -1.37 |
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 | 0.06 | +0.16 |
Drawdowns
CEMG.DE vs. XZEC.DE - Drawdown Comparison
The maximum CEMG.DE drawdown since its inception was -33.94%, which is greater than XZEC.DE's maximum drawdown of -30.22%. Use the drawdown chart below to compare losses from any high point for CEMG.DE and XZEC.DE.
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Drawdown Indicators
| CEMG.DE | XZEC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.94% | -30.22% | -3.72% |
Max Drawdown (1Y)Largest decline over 1 year | -14.05% | -11.27% | -2.78% |
Max Drawdown (3Y)Largest decline over 3 years | -20.18% | -23.79% | +3.61% |
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% | -4.58% | -14.17% |
Average DrawdownAverage peak-to-trough decline | -12.26% | -10.22% | -2.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.68% | 4.19% | +2.49% |
Volatility
CEMG.DE vs. XZEC.DE - Volatility Comparison
iShares MSCI Emerging Markets Consumer Growth UCITS ETF USD (Acc) (CEMG.DE) has a higher volatility of 4.37% compared to Xtrackers MSCI Europe Consumer Discretionary ESG Screened UCITS ETF (XZEC.DE) at 4.04%. This indicates that CEMG.DE's price experiences larger fluctuations and is considered to be riskier than XZEC.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 | XZEC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.37% | 4.04% | +0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 10.24% | 11.07% | -0.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.88% | 15.07% | -2.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.54% | 20.02% | -1.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.33% | 20.02% | -1.69% |
CEMG.DE vs. XZEC.DE - Expense Ratio Comparison
CEMG.DE has a 0.60% expense ratio, which is higher than XZEC.DE's 0.17% expense ratio.
Dividends
CEMG.DE vs. XZEC.DE - Dividend Comparison
Neither CEMG.DE nor XZEC.DE has paid dividends to shareholders.
Frequently Asked Questions
CEMG.DE and XZEC.DE have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XZEC.DE is cheaper at 0.17% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XZEC.DE is cheaper with a 0.17% expense ratio, compared with 0.60% for CEMG.DE.
CEMG.DE tracks Cat 50%MSCI Wld/CD NR&50%MSCI Wld/CS NR, while XZEC.DE tracks MSCI Europe Consumer Discretionary ESG Screened 20-35 Select. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.60% for CEMG.DE and 0.17% for XZEC.DE.
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