CEMR.DE vs. VWCG.DE
CEMR.DE (iShares Edge MSCI Europe Momentum Factor UCITS ETF) and VWCG.DE (Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating) are both exchange-traded funds - CEMR.DE is a Momentum fund tracking the MSCI Europe Momentum Index, while VWCG.DE is a Europe Equities fund tracking the FTSE Developed Europe. Both are passively managed. Over the past 5 years, CEMR.DE returned 11.56%/yr vs 10.01%/yr for VWCG.DE. Their correlation of 0.87 suggests significant overlap in exposure. CEMR.DE charges 0.25%/yr vs 0.10%/yr for VWCG.DE.
Performance
CEMR.DE vs. VWCG.DE - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with CEMR.DE having a 9.13% return and VWCG.DE slightly lower at 8.96%.
CEMR.DE
- 1D
- 1.92%
- 1M
- 2.19%
- YTD
- 9.13%
- 6M
- 12.45%
- 1Y
- 21.56%
- 3Y*
- 20.31%
- 5Y*
- 11.56%
- 10Y*
- 12.09%
VWCG.DE
- 1D
- 1.89%
- 1M
- 3.14%
- YTD
- 8.96%
- 6M
- 11.76%
- 1Y
- 19.41%
- 3Y*
- 14.33%
- 5Y*
- 10.01%
- 10Y*
- —
CEMR.DE vs. VWCG.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
CEMR.DE iShares Edge MSCI Europe Momentum Factor UCITS ETF | 9.13% | 27.25% | 20.02% | 12.77% | -15.32% | 22.13% | 10.84% | 8.53% |
VWCG.DE Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating | 8.96% | 20.44% | 8.96% | 16.07% | -9.83% | 24.91% | -2.57% | 7.53% |
Correlation
The correlation between CEMR.DE and VWCG.DE is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.89 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Jul 23, 2019 | 0.87 |
The correlation between CEMR.DE and VWCG.DE has been stable across timeframes, ranging from 0.84 to 0.89 - a consistent structural relationship.
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Return for Risk
CEMR.DE vs. VWCG.DE — Risk / Return Rank
CEMR.DE
VWCG.DE
CEMR.DE vs. VWCG.DE - 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 Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VWCG.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CEMR.DE | VWCG.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.22 | ||
| Sortino ratioReturn per unit of downside risk | -0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.26 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.76 | 1.91 | -0.15 |
| Martin ratioReturn relative to average drawdown | 6.68 | 7.33 | -0.65 |
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Drawdowns
CEMR.DE vs. VWCG.DE - Drawdown Comparison
The maximum CEMR.DE drawdown since its inception was -31.80%, smaller than the maximum VWCG.DE drawdown of -35.70%. Use the drawdown chart below to compare losses from any high point for CEMR.DE and VWCG.DE.
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Drawdown Indicators
| CEMR.DE | VWCG.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.80% | -35.70% | +3.90% |
Max Drawdown (1Y)Largest decline over 1 year | -11.75% | -9.58% | -2.17% |
Max Drawdown (3Y)Largest decline over 3 years | -15.72% | -16.07% | +0.35% |
Max Drawdown (5Y)Largest decline over 5 years | -23.77% | -20.09% | -3.68% |
Max Drawdown (10Y)Largest decline over 10 years | -31.80% | — | — |
Current DrawdownCurrent decline from peak | -0.31% | -0.03% | -0.28% |
Average DrawdownAverage peak-to-trough decline | -6.02% | -4.98% | -1.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.11% | 2.51% | +0.60% |
Volatility
CEMR.DE vs. VWCG.DE - Volatility Comparison
iShares Edge MSCI Europe Momentum Factor UCITS ETF (CEMR.DE) has a higher volatility of 4.79% compared to Vanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating (VWCG.DE) at 4.24%. This indicates that CEMR.DE's price experiences larger fluctuations and is considered to be riskier than VWCG.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CEMR.DE | VWCG.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.79% | 4.24% | +0.55% |
Volatility (6M)Calculated over the trailing 6-month period | 14.87% | 10.80% | +4.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.46% | 13.05% | +4.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.43% | 14.31% | +2.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.48% | 16.85% | -0.37% |
CEMR.DE vs. VWCG.DE - Expense Ratio Comparison
CEMR.DE has a 0.25% expense ratio, which is higher than VWCG.DE's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
CEMR.DE vs. VWCG.DE - Dividend Comparison
Neither CEMR.DE nor VWCG.DE has paid dividends to shareholders.
Frequently Asked Questions
CEMR.DE and VWCG.DE have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VWCG.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VWCG.DE is cheaper with a 0.10% expense ratio, compared with 0.25% for CEMR.DE.
CEMR.DE is categorized as Momentum, while VWCG.DE is Europe Equities. CEMR.DE tracks MSCI Europe Momentum Index, while VWCG.DE tracks FTSE Developed Europe. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.25% for CEMR.DE and 0.10% for VWCG.DE.
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