CEMQ.DE vs. NQSE.DE
CEMQ.DE (iShares Edge MSCI Europe Quality Factor UCITS ETF) and NQSE.DE (iShares NASDAQ 100 UCITS ETF) are both exchange-traded funds - CEMQ.DE is a Europe Equities fund tracking the MSCI Europe Sector Neutral Quality, while NQSE.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, CEMQ.DE returned 5.86%/yr vs 14.91%/yr for NQSE.DE. A 0.64 correlation means they provide meaningful diversification when combined. CEMQ.DE charges 0.25%/yr vs 0.33%/yr for NQSE.DE.
Performance
CEMQ.DE vs. NQSE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CEMQ.DE achieves a 4.17% return, which is significantly lower than NQSE.DE's 17.82% 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%
NQSE.DE
- 1D
- -0.77%
- 1M
- 6.66%
- YTD
- 17.82%
- 6M
- 17.09%
- 1Y
- 35.67%
- 3Y*
- 25.27%
- 5Y*
- 14.91%
- 10Y*
- —
CEMQ.DE vs. NQSE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
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% | -8.14% |
NQSE.DE iShares NASDAQ 100 UCITS ETF | 17.82% | 18.16% | 24.07% | 52.10% | -36.29% | 27.37% | 45.23% | 35.67% | -15.98% |
Correlation
The correlation between CEMQ.DE and NQSE.DE is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Sep 11, 2018 | 0.64 |
The correlation between CEMQ.DE and NQSE.DE shifts across timeframes, from 0.52 (1 year) to 0.64 (all time), reflecting how their relationship changes across market environments.
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
CEMQ.DE vs. NQSE.DE — Risk / Return Rank
CEMQ.DE
NQSE.DE
CEMQ.DE vs. NQSE.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 NASDAQ 100 UCITS ETF (NQSE.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 | NQSE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.71 | ||
| Sortino ratioReturn per unit of downside risk | -2.29 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.39 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | 0.80 | 3.08 | -2.28 |
| Martin ratioReturn relative to average drawdown | 2.14 | 10.77 | -8.63 |
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
| CEMQ.DE | NQSE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.57 | 2.28 | -1.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | 0.71 | -0.29 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.52 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.82 | -0.34 |
Drawdowns
CEMQ.DE vs. NQSE.DE - Drawdown Comparison
The maximum CEMQ.DE drawdown since its inception was -33.74%, smaller than the maximum NQSE.DE drawdown of -37.67%. Use the drawdown chart below to compare losses from any high point for CEMQ.DE and NQSE.DE.
Loading charts...
Drawdown Indicators
| CEMQ.DE | NQSE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.74% | -37.67% | +3.93% |
Max Drawdown (1Y)Largest decline over 1 year | -8.40% | -11.87% | +3.47% |
Max Drawdown (3Y)Largest decline over 3 years | -14.90% | -22.40% | +7.50% |
Max Drawdown (5Y)Largest decline over 5 years | -19.69% | -37.67% | +17.98% |
Max Drawdown (10Y)Largest decline over 10 years | -33.74% | — | — |
Current DrawdownCurrent decline from peak | -2.60% | -0.84% | -1.76% |
Average DrawdownAverage peak-to-trough decline | -5.35% | -8.56% | +3.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.17% | 3.40% | -0.23% |
Volatility
CEMQ.DE vs. NQSE.DE - Volatility Comparison
The current volatility for iShares Edge MSCI Europe Quality Factor UCITS ETF (CEMQ.DE) is 3.97%, while iShares NASDAQ 100 UCITS ETF (NQSE.DE) has a volatility of 4.75%. This indicates that CEMQ.DE experiences smaller price fluctuations and is considered to be less risky than NQSE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CEMQ.DE | NQSE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.97% | 4.75% | -0.78% |
Volatility (6M)Calculated over the trailing 6-month period | 9.53% | 11.99% | -2.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.93% | 16.05% | -4.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.02% | 20.91% | -6.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.02% | 21.54% | -6.52% |
CEMQ.DE vs. NQSE.DE - Expense Ratio Comparison
CEMQ.DE has a 0.25% expense ratio, which is lower than NQSE.DE's 0.33% expense ratio.
Dividends
CEMQ.DE vs. NQSE.DE - Dividend Comparison
Neither CEMQ.DE nor NQSE.DE has paid dividends to shareholders.
Frequently Asked Questions
CEMQ.DE and NQSE.DE have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CEMQ.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CEMQ.DE is cheaper with a 0.25% expense ratio, compared with 0.33% for NQSE.DE.
CEMQ.DE is categorized as Europe Equities, while NQSE.DE is Nasdaq-100. CEMQ.DE tracks MSCI Europe Sector Neutral Quality, while NQSE.DE tracks NASDAQ-100 Index. Their fees differ too: 0.25% for CEMQ.DE and 0.33% for NQSE.DE.
Find the right allocation for CEMQ.DE and NQSE.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