CEMR.DE vs. XMAW.DE
CEMR.DE (iShares Edge MSCI Europe Momentum Factor UCITS ETF) and XMAW.DE (Xtrackers MSCI AC World ESG Screened UCITS ETF 1C) are both exchange-traded funds - CEMR.DE is a Momentum fund tracking the MSCI Europe Momentum Index, while XMAW.DE is a Global Equities fund tracking the MSCI ACWI NR USD. Both are passively managed. Over the past 10 years, CEMR.DE returned 11.36%/yr vs 12.33%/yr for XMAW.DE. A 0.77 correlation means they provide meaningful diversification when combined. Both charge a 0.25% expense ratio.
Performance
CEMR.DE vs. XMAW.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 XMAW.DE's 12.49% return. Over the past 10 years, CEMR.DE has underperformed XMAW.DE with an annualized return of 11.36%, while XMAW.DE has yielded a comparatively higher 12.33% 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%
XMAW.DE
- 1D
- -0.19%
- 1M
- 5.38%
- YTD
- 12.49%
- 6M
- 13.08%
- 1Y
- 26.98%
- 3Y*
- 18.18%
- 5Y*
- 12.21%
- 10Y*
- 12.33%
CEMR.DE vs. XMAW.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% |
XMAW.DE Xtrackers MSCI AC World ESG Screened UCITS ETF 1C | 12.49% | 8.98% | 25.39% | 19.46% | -15.01% | 28.71% | 5.50% | 30.15% | -6.20% | 9.14% |
Correlation
The correlation between CEMR.DE and XMAW.DE is 0.68, 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 | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 2015 | 0.77 |
The correlation between CEMR.DE and XMAW.DE has been stable across timeframes, ranging from 0.68 to 0.77 - a consistent structural relationship.
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Return for Risk
CEMR.DE vs. XMAW.DE — Risk / Return Rank
CEMR.DE
XMAW.DE
CEMR.DE vs. XMAW.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 AC World ESG Screened UCITS ETF 1C (XMAW.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 | XMAW.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.21 | ||
| Sortino ratioReturn per unit of downside risk | -1.52 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.41 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.49 | 3.68 | -2.19 |
| Martin ratioReturn relative to average drawdown | 5.53 | 14.79 | -9.26 |
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 | XMAW.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.01 | 2.22 | -1.21 |
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 | 0.80 | -0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.77 | -0.16 |
Drawdowns
CEMR.DE vs. XMAW.DE - Drawdown Comparison
The maximum CEMR.DE drawdown since its inception was -31.78%, smaller than the maximum XMAW.DE drawdown of -33.49%. Use the drawdown chart below to compare losses from any high point for CEMR.DE and XMAW.DE.
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Drawdown Indicators
| CEMR.DE | XMAW.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.78% | -33.49% | +1.71% |
Max Drawdown (1Y)Largest decline over 1 year | -11.73% | -7.30% | -4.43% |
Max Drawdown (3Y)Largest decline over 3 years | -15.75% | -22.10% | +6.35% |
Max Drawdown (5Y)Largest decline over 5 years | -23.73% | -22.10% | -1.63% |
Max Drawdown (10Y)Largest decline over 10 years | -31.78% | -33.49% | +1.71% |
Current DrawdownCurrent decline from peak | -1.48% | -0.67% | -0.81% |
Average DrawdownAverage peak-to-trough decline | -6.03% | -4.90% | -1.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.16% | 1.82% | +1.34% |
Volatility
CEMR.DE vs. XMAW.DE - Volatility Comparison
iShares Edge MSCI Europe Momentum Factor UCITS ETF (CEMR.DE) has a higher volatility of 4.42% compared to Xtrackers MSCI AC World ESG Screened UCITS ETF 1C (XMAW.DE) at 3.16%. This indicates that CEMR.DE's price experiences larger fluctuations and is considered to be riskier than XMAW.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 | XMAW.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.42% | 3.16% | +1.26% |
Volatility (6M)Calculated over the trailing 6-month period | 14.63% | 8.70% | +5.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.29% | 12.11% | +5.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.37% | 14.30% | +2.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.48% | 15.23% | +1.25% |
CEMR.DE vs. XMAW.DE - Expense Ratio Comparison
Both CEMR.DE and XMAW.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. XMAW.DE - Dividend Comparison
Neither CEMR.DE nor XMAW.DE has paid dividends to shareholders.
Frequently Asked Questions
CEMR.DE and XMAW.DE have a correlation of 0.68, 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 XMAW.DE have the same expense ratio: 0.25% per year.
CEMR.DE is categorized as Momentum, while XMAW.DE is Global Equities. CEMR.DE tracks MSCI Europe Momentum Index, while XMAW.DE tracks MSCI ACWI NR USD. They also come from different issuers: iShares and Xtrackers.
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