CEMR.DE vs. SMNEY

Last updated Jun 4, 2026

CEMR.DE (iShares Edge MSCI Europe Momentum Factor UCITS ETF) is Momentum fund tracking the MSCI Europe Momentum Index, while SMNEY (Siemens Energy AG) is a stock. At a 0.38 correlation, their price movements are largely independent.

Performance

CEMR.DE vs. SMNEY - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Edge MSCI Europe Momentum Factor UCITS ETF (CEMR.DE) and Siemens Energy AG (SMNEY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

CEMR.DE is traded in EUR, while SMNEY is traded in USD. To make them comparable, the SMNEY values have been converted to EUR using the latest available exchange rates.

Returns By Period

CEMR.DE

• 1D: 0.05%
• 1M: 3.83%
• YTD: 8.03%
• 6M: 12.43%
• 1Y: 17.78%
• 3Y*: 20.05%
• 5Y*: 11.38%
• 10Y*: 11.39%

SMNEY

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CEMR.DE vs. SMNEY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
CEMR.DE iShares Edge MSCI Europe Momentum Factor UCITS ETF	8.03%	27.17%	20.01%	12.79%	-15.33%	22.25%	4.17%
SMNEY Siemens Energy AG	22.97%	136.17%	324.46%	-31.87%	-23.17%	-26.81%	20.36%

Correlation

The correlation between CEMR.DE and SMNEY is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (5Y) Calculated over the trailing 5-year period	0.37
Correlation (All Time) Calculated using the full available price history since Dec 15, 2020	0.38

Return for Risk

CEMR.DE vs. SMNEY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CEMR.DE

CEMR.DE Risk / Return Rank: 30
CEMR.DE Sharpe Ratio Rank: 28
CEMR.DE Sortino Ratio Rank: 29
CEMR.DE Omega Ratio Rank: 28
CEMR.DE Calmar Ratio Rank: 30
CEMR.DE Martin Ratio Rank: 36

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CEMR.DE vs. SMNEY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Europe Momentum Factor UCITS ETF (CEMR.DE) and Siemens Energy AG (SMNEY). 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.

	CEMR.DE	SMNEY	Difference
Sharpe ratio: Return per unit of total volatility	1.02	—	—
Sortino ratio: Return per unit of downside risk	1.61	—	—
Omega ratio: Gain probability vs. loss probability	1.20	—	—
Calmar ratio: Return relative to maximum drawdown	1.51	—	—
Martin ratio: Return relative to average drawdown	5.62	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CEMR.DE	SMNEY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.02	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.69	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	—	—

Drawdowns

Drawdown Indicators

	CEMR.DE	SMNEY	Difference
Max Drawdown Largest peak-to-trough decline	-31.78%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-11.73%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-15.75%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-23.73%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-31.78%	—	—
Current Drawdown Current decline from peak	-1.37%	—	—
Average Drawdown Average peak-to-trough decline	-6.03%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.16%	—	—

Volatility

Volatility by Period

	CEMR.DE	SMNEY	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.83%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.63%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.29%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.38%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.48%	—	—

Dividends

CEMR.DE vs. SMNEY - Dividend Comparison

Neither CEMR.DE nor SMNEY has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
CEMR.DE iShares Edge MSCI Europe Momentum Factor UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%
SMNEY Siemens Energy AG	0.00%	0.00%	0.00%	0.00%	0.61%

Frequently Asked Questions

Can I hold both CEMR.DE and SMNEY in my portfolio?

CEMR.DE and SMNEY have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.