CEMR.DE vs. XDEM.DE
CEMR.DE (iShares Edge MSCI Europe Momentum Factor UCITS ETF) and XDEM.DE (Xtrackers MSCI World Momentum Factor UCITS ETF 1C) are both Momentum funds - CEMR.DE tracks the MSCI Europe Momentum Index while XDEM.DE tracks the MSCI World Momentum Index. Both are passively managed. Over the past 10 years, CEMR.DE returned 11.36%/yr vs 15.65%/yr for XDEM.DE. A 0.69 correlation means they provide meaningful diversification when combined. Both charge a 0.25% expense ratio.
Performance
CEMR.DE vs. XDEM.DE - Performance Comparison
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Returns By Period
In the year-to-date period, CEMR.DE achieves a 7.91% return, which is significantly lower than XDEM.DE's 22.76% return. Over the past 10 years, CEMR.DE has underperformed XDEM.DE with an annualized return of 11.36%, while XDEM.DE has yielded a comparatively higher 15.65% annualized return.
CEMR.DE
- 1D
- -0.11%
- 1M
- 2.92%
- YTD
- 7.91%
- 6M
- 11.43%
- 1Y
- 17.51%
- 3Y*
- 20.23%
- 5Y*
- 11.35%
- 10Y*
- 11.36%
XDEM.DE
- 1D
- -0.95%
- 1M
- 8.67%
- YTD
- 22.76%
- 6M
- 23.73%
- 1Y
- 31.52%
- 3Y*
- 26.15%
- 5Y*
- 14.74%
- 10Y*
- 15.65%
CEMR.DE vs. XDEM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CEMR.DE iShares Edge MSCI Europe Momentum Factor UCITS ETF | 7.91% | 27.17% | 20.01% | 12.79% | -15.33% | 22.25% | 10.74% | 31.66% | -10.73% | 11.48% |
XDEM.DE Xtrackers MSCI World Momentum Factor UCITS ETF 1C | 22.76% | 8.09% | 38.24% | 8.17% | -13.85% | 25.04% | 16.52% | 31.63% | 0.79% | 16.07% |
Correlation
The correlation between CEMR.DE and XDEM.DE is 0.77, 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 | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.76 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 2015 | 0.69 |
The correlation between CEMR.DE and XDEM.DE has been stable across timeframes, ranging from 0.69 to 0.77 - a consistent structural relationship.
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Return for Risk
CEMR.DE vs. XDEM.DE — Risk / Return Rank
CEMR.DE
XDEM.DE
CEMR.DE vs. XDEM.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 Xtrackers MSCI World Momentum Factor UCITS ETF 1C (XDEM.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.
| CEMR.DE | XDEM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.85 | ||
| Sortino ratioReturn per unit of downside risk | -1.21 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.34 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.49 | 3.47 | -1.98 |
| Martin ratioReturn relative to average drawdown | 5.53 | 13.27 | -7.75 |
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
| CEMR.DE | XDEM.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.01 | 1.86 | -0.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.84 | -0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | 0.94 | -0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.90 | -0.29 |
Drawdowns
CEMR.DE vs. XDEM.DE - Drawdown Comparison
The maximum CEMR.DE drawdown since its inception was -31.78%, roughly equal to the maximum XDEM.DE drawdown of -30.93%. Use the drawdown chart below to compare losses from any high point for CEMR.DE and XDEM.DE.
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Drawdown Indicators
| CEMR.DE | XDEM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.78% | -30.93% | -0.85% |
Max Drawdown (1Y)Largest decline over 1 year | -11.73% | -9.05% | -2.68% |
Max Drawdown (3Y)Largest decline over 3 years | -15.75% | -23.51% | +7.76% |
Max Drawdown (5Y)Largest decline over 5 years | -23.73% | -23.51% | -0.22% |
Max Drawdown (10Y)Largest decline over 10 years | -31.78% | -30.93% | -0.85% |
Current DrawdownCurrent decline from peak | -1.48% | -0.95% | -0.53% |
Average DrawdownAverage peak-to-trough decline | -6.03% | -5.97% | -0.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.16% | 2.36% | +0.80% |
Volatility
CEMR.DE vs. XDEM.DE - Volatility Comparison
The current volatility for iShares Edge MSCI Europe Momentum Factor UCITS ETF (CEMR.DE) is 4.42%, while Xtrackers MSCI World Momentum Factor UCITS ETF 1C (XDEM.DE) has a volatility of 5.80%. This indicates that CEMR.DE experiences smaller price fluctuations and is considered to be less risky than XDEM.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 | XDEM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.42% | 5.80% | -1.38% |
Volatility (6M)Calculated over the trailing 6-month period | 14.63% | 14.20% | +0.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.29% | 16.85% | +0.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.37% | 17.30% | -0.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.48% | 17.85% | -1.37% |
CEMR.DE vs. XDEM.DE - Expense Ratio Comparison
Both CEMR.DE and XDEM.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
CEMR.DE vs. XDEM.DE - Dividend Comparison
Neither CEMR.DE nor XDEM.DE has paid dividends to shareholders.
Frequently Asked Questions
CEMR.DE and XDEM.DE have a correlation of 0.77, 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.
CEMR.DE and XDEM.DE have the same expense ratio: 0.25% per year.
CEMR.DE tracks MSCI Europe Momentum Index, while XDEM.DE tracks MSCI World Momentum Index. They also come from different issuers: iShares and DWS.
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