CEMQ.DE vs. CEMT.DE
CEMQ.DE (iShares Edge MSCI Europe Quality Factor UCITS ETF) and CEMT.DE (iShares Edge MSCI Europe Size Factor UCITS ETF) are both Europe Equities funds from iShares - CEMQ.DE tracks the MSCI Europe Sector Neutral Quality while CEMT.DE tracks the MSCI Europe Mid Cap Equal Weighted. Both are passively managed. Over the past 10 years, CEMQ.DE returned 7.82%/yr vs 6.44%/yr for CEMT.DE. Their correlation of 0.87 suggests significant overlap in exposure. Both charge a 0.25% expense ratio.
Performance
CEMQ.DE vs. CEMT.DE - Performance Comparison
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Returns By Period
Over the past 10 years, CEMQ.DE has outperformed CEMT.DE with an annualized return of 7.82%, while CEMT.DE has yielded a comparatively lower 6.44% annualized return.
CEMQ.DE
- 1D
- 0.82%
- 1M
- -0.63%
- YTD
- 4.17%
- 6M
- 5.95%
- 1Y
- 6.60%
- 3Y*
- 7.83%
- 5Y*
- 5.86%
- 10Y*
- 7.82%
CEMT.DE
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 3.97%
- 3Y*
- 9.41%
- 5Y*
- 4.08%
- 10Y*
- 6.44%
CEMQ.DE vs. CEMT.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CEMQ.DE iShares Edge MSCI Europe Quality Factor UCITS ETF | 4.17% | 10.17% | 3.72% | 14.50% | -11.87% | 26.64% | 1.09% | 32.48% | -7.31% | 10.34% |
CEMT.DE iShares Edge MSCI Europe Size Factor UCITS ETF | 0.00% | 17.53% | 5.08% | 14.19% | -18.24% | 19.63% | 1.61% | 28.81% | -13.99% | 13.62% |
Correlation
The correlation between CEMQ.DE and CEMT.DE is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.73 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 2015 | 0.87 |
Over the past year, the correlation between CEMQ.DE and CEMT.DE has dropped to 0.44 - well below their long-term average of 0.87, suggesting their price drivers have been diverging.
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Return for Risk
CEMQ.DE vs. CEMT.DE — Risk / Return Rank
CEMQ.DE
CEMT.DE
CEMQ.DE vs. CEMT.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Europe Quality Factor UCITS ETF (CEMQ.DE) and iShares Edge MSCI Europe Size Factor UCITS ETF (CEMT.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.
| CEMQ.DE | CEMT.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.20 | ||
| Sortino ratioReturn per unit of downside risk | -0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.21 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.80 | 1.10 | -0.29 |
| Martin ratioReturn relative to average drawdown | 2.14 | 4.03 | -1.90 |
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
| CEMQ.DE | CEMT.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.57 | 0.77 | -0.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | 0.28 | +0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.52 | 0.40 | +0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.37 | +0.10 |
Drawdowns
CEMQ.DE vs. CEMT.DE - Drawdown Comparison
The maximum CEMQ.DE drawdown since its inception was -33.74%, smaller than the maximum CEMT.DE drawdown of -37.66%. Use the drawdown chart below to compare losses from any high point for CEMQ.DE and CEMT.DE.
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Drawdown Indicators
| CEMQ.DE | CEMT.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.74% | -37.66% | +3.92% |
Max Drawdown (1Y)Largest decline over 1 year | -8.40% | -4.26% | -4.14% |
Max Drawdown (3Y)Largest decline over 3 years | -14.90% | -14.36% | -0.54% |
Max Drawdown (5Y)Largest decline over 5 years | -19.69% | -29.23% | +9.54% |
Max Drawdown (10Y)Largest decline over 10 years | -33.74% | -37.66% | +3.92% |
Current DrawdownCurrent decline from peak | -2.60% | -0.39% | -2.21% |
Average DrawdownAverage peak-to-trough decline | -5.35% | -7.08% | +1.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.17% | 1.16% | +2.01% |
Volatility
CEMQ.DE vs. CEMT.DE - Volatility Comparison
iShares Edge MSCI Europe Quality Factor UCITS ETF (CEMQ.DE) has a higher volatility of 3.97% compared to iShares Edge MSCI Europe Size Factor UCITS ETF (CEMT.DE) at 0.00%. This indicates that CEMQ.DE's price experiences larger fluctuations and is considered to be riskier than CEMT.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CEMQ.DE | CEMT.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.97% | 0.00% | +3.97% |
Volatility (6M)Calculated over the trailing 6-month period | 9.53% | 0.00% | +9.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.93% | 6.11% | +5.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.02% | 14.61% | -0.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.02% | 16.11% | -1.09% |
CEMQ.DE vs. CEMT.DE - Expense Ratio Comparison
Both CEMQ.DE and CEMT.DE have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
CEMQ.DE vs. CEMT.DE - Dividend Comparison
Neither CEMQ.DE nor CEMT.DE has paid dividends to shareholders.
Frequently Asked Questions
CEMQ.DE and CEMT.DE have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
CEMQ.DE and CEMT.DE have the same expense ratio: 0.25% per year.
CEMQ.DE tracks MSCI Europe Sector Neutral Quality, while CEMT.DE tracks MSCI Europe Mid Cap Equal Weighted.
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