CEMS.DE vs. IBIT
CEMS.DE (iShares Edge MSCI Europe Value Factor UCITS ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - CEMS.DE is a Europe Equities fund tracking the MSCI Europe Enhanced Value, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Both are passively managed. Over the past year, CEMS.DE returned 32.78% vs -40.52% for IBIT. At a 0.16 correlation, their price movements are largely independent. Both charge a 0.25% expense ratio.
Performance
CEMS.DE vs. IBIT - Performance Comparison
Loading charts...
Different Trading Currencies
CEMS.DE is traded in EUR, while IBIT is traded in USD. To make them comparable, the IBIT values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, CEMS.DE achieves a 14.37% return, which is significantly higher than IBIT's -26.29% return.
CEMS.DE
- 1D
- 2.48%
- 1M
- 3.42%
- YTD
- 14.37%
- 6M
- 17.13%
- 1Y
- 32.78%
- 3Y*
- 21.17%
- 5Y*
- 14.39%
- 10Y*
- 11.60%
IBIT
- 1D
- 0.05%
- 1M
- -19.11%
- YTD
- -26.29%
- 6M
- -28.57%
- 1Y
- -40.52%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CEMS.DE vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
CEMS.DE iShares Edge MSCI Europe Value Factor UCITS ETF | 14.37% | 36.00% | 9.92% |
IBIT iShares Bitcoin Trust ETF | -26.29% | -17.52% | 101.23% |
Correlation
The correlation between CEMS.DE and IBIT is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.16 |
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. IBIT — Risk / Return Rank
CEMS.DE
IBIT
CEMS.DE vs. IBIT - 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 Bitcoin Trust ETF (IBIT). 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.
| CEMS.DE | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.24 | ||
| Sortino ratioReturn per unit of downside risk | +4.53 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 0.85 | +0.56 |
| Calmar ratioReturn relative to maximum drawdown | 3.26 | -0.79 | +4.05 |
| Martin ratioReturn relative to average drawdown | 12.19 | -1.38 | +13.57 |
Loading charts...
Drawdowns
CEMS.DE vs. IBIT - Drawdown Comparison
The maximum CEMS.DE drawdown since its inception was -40.22%, smaller than the maximum IBIT drawdown of -51.31%. Use the drawdown chart below to compare losses from any high point for CEMS.DE and IBIT.
Loading charts...
Drawdown Indicators
| CEMS.DE | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.22% | -51.31% | +11.09% |
Max Drawdown (1Y)Largest decline over 1 year | -10.02% | -51.31% | +41.29% |
Max Drawdown (3Y)Largest decline over 3 years | -17.61% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -19.56% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -40.22% | — | — |
Current DrawdownCurrent decline from peak | -0.66% | -48.81% | +48.15% |
Average DrawdownAverage peak-to-trough decline | -7.50% | -16.94% | +9.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.68% | 29.48% | -26.80% |
Volatility
CEMS.DE vs. IBIT - Volatility Comparison
The current volatility for iShares Edge MSCI Europe Value Factor UCITS ETF (CEMS.DE) is 4.88%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 11.65%. This indicates that CEMS.DE experiences smaller price fluctuations and is considered to be less risky than IBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CEMS.DE | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.88% | 11.65% | -6.77% |
Volatility (6M)Calculated over the trailing 6-month period | 11.54% | 34.15% | -22.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.15% | 43.62% | -29.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.31% | 50.20% | -34.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.46% | 50.20% | -32.74% |
CEMS.DE vs. IBIT - Expense Ratio Comparison
Both CEMS.DE and IBIT 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. IBIT - Dividend Comparison
Neither CEMS.DE nor IBIT has paid dividends to shareholders.
Frequently Asked Questions
CEMS.DE and IBIT have a correlation of 0.23, 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 IBIT have the same expense ratio: 0.25% per year.
CEMS.DE is categorized as Europe Equities, while IBIT is Cryptocurrency. CEMS.DE tracks MSCI Europe Enhanced Value, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant.
Find the right allocation for CEMS.DE and IBIT
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