CEMS.DE vs. CEMT.DE
CEMS.DE (iShares Edge MSCI Europe Value Factor UCITS ETF) and CEMT.DE (iShares Edge MSCI Europe Size Factor UCITS ETF) are both Europe Equities funds from iShares - CEMS.DE tracks the MSCI Europe Enhanced Value while CEMT.DE tracks the MSCI Europe Mid Cap Equal Weighted. Both are passively managed. Over the past 10 years, CEMS.DE returned 10.71%/yr vs 6.44%/yr for CEMT.DE. Their correlation of 0.87 suggests significant overlap in exposure. Both charge a 0.25% expense ratio.
Performance
CEMS.DE vs. CEMT.DE - Performance Comparison
Loading charts...
Returns By Period
Over the past 10 years, CEMS.DE has outperformed CEMT.DE with an annualized return of 10.71%, while CEMT.DE has yielded a comparatively lower 6.44% annualized return.
CEMS.DE
- 1D
- 0.10%
- 1M
- 2.64%
- YTD
- 13.72%
- 6M
- 16.98%
- 1Y
- 32.08%
- 3Y*
- 21.63%
- 5Y*
- 14.47%
- 10Y*
- 10.71%
CEMT.DE
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 3.97%
- 3Y*
- 9.41%
- 5Y*
- 4.08%
- 10Y*
- 6.44%
CEMS.DE vs. CEMT.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CEMS.DE iShares Edge MSCI Europe Value Factor UCITS ETF | 13.72% | 35.97% | 9.93% | 13.90% | -4.54% | 26.62% | -8.86% | 23.48% | -14.04% | 10.16% |
CEMT.DE iShares Edge MSCI Europe Size Factor UCITS ETF | 0.00% | 17.53% | 5.08% | 14.19% | -18.24% | 19.63% | 1.61% | 28.81% | -13.99% | 13.62% |
Correlation
The correlation between CEMS.DE and CEMT.DE is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.80 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.85 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 2015 | 0.87 |
Over the past year, the correlation between CEMS.DE and CEMT.DE has dropped to 0.45 - well below their long-term average of 0.87, suggesting their price drivers have been diverging.
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
CEMS.DE vs. CEMT.DE — Risk / Return Rank
CEMS.DE
CEMT.DE
CEMS.DE vs. CEMT.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Europe Value Factor UCITS ETF (CEMS.DE) and iShares Edge MSCI Europe Size Factor UCITS ETF (CEMT.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.
| CEMS.DE | CEMT.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.60 | ||
| Sortino ratioReturn per unit of downside risk | +2.20 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.21 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 3.29 | 1.10 | +2.19 |
| Martin ratioReturn relative to average drawdown | 12.37 | 4.03 | +8.33 |
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
| CEMS.DE | CEMT.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.37 | 0.77 | +1.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.94 | 0.28 | +0.66 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.40 | +0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.37 | +0.11 |
Drawdowns
CEMS.DE vs. CEMT.DE - Drawdown Comparison
The maximum CEMS.DE drawdown since its inception was -40.20%, which is greater than CEMT.DE's maximum drawdown of -37.66%. Use the drawdown chart below to compare losses from any high point for CEMS.DE and CEMT.DE.
Loading charts...
Drawdown Indicators
| CEMS.DE | CEMT.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.20% | -37.66% | -2.54% |
Max Drawdown (1Y)Largest decline over 1 year | -9.99% | -4.26% | -5.73% |
Max Drawdown (3Y)Largest decline over 3 years | -17.57% | -14.36% | -3.21% |
Max Drawdown (5Y)Largest decline over 5 years | -19.55% | -29.23% | +9.68% |
Max Drawdown (10Y)Largest decline over 10 years | -40.20% | -37.66% | -2.54% |
Current DrawdownCurrent decline from peak | -1.26% | -0.39% | -0.87% |
Average DrawdownAverage peak-to-trough decline | -7.49% | -7.08% | -0.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.66% | 1.16% | +1.50% |
Volatility
CEMS.DE vs. CEMT.DE - Volatility Comparison
iShares Edge MSCI Europe Value Factor UCITS ETF (CEMS.DE) has a higher volatility of 4.65% compared to iShares Edge MSCI Europe Size Factor UCITS ETF (CEMT.DE) at 0.00%. This indicates that CEMS.DE's price experiences larger fluctuations and is considered to be riskier than CEMT.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CEMS.DE | CEMT.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.65% | 0.00% | +4.65% |
Volatility (6M)Calculated over the trailing 6-month period | 11.17% | 0.00% | +11.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.87% | 6.11% | +7.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.23% | 14.61% | +0.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.43% | 16.11% | +1.32% |
CEMS.DE vs. CEMT.DE - Expense Ratio Comparison
Both CEMS.DE and CEMT.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
CEMS.DE vs. CEMT.DE - Dividend Comparison
Neither CEMS.DE nor CEMT.DE has paid dividends to shareholders.
Frequently Asked Questions
CEMS.DE and CEMT.DE have a correlation of 0.45, 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.
CEMS.DE and CEMT.DE have the same expense ratio: 0.25% per year.
CEMS.DE tracks MSCI Europe Enhanced Value, while CEMT.DE tracks MSCI Europe Mid Cap Equal Weighted.
Find the right allocation for CEMS.DE and CEMT.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