CEMS.DE vs. PRAE.DE
CEMS.DE (iShares Edge MSCI Europe Value Factor UCITS ETF) and PRAE.DE (Amundi Prime Europe UCITS ETF) are both Europe Equities funds - CEMS.DE tracks the MSCI Europe Enhanced Value while PRAE.DE tracks the Solactive GBS Developed Markets Europe Large & Mid Cap. Both are passively managed. Over the past 5 years, CEMS.DE returned 14.47%/yr vs 10.04%/yr for PRAE.DE. Their correlation of 0.80 suggests significant overlap in exposure. CEMS.DE charges 0.25%/yr vs 0.05%/yr for PRAE.DE.
Performance
CEMS.DE vs. PRAE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, CEMS.DE achieves a 13.72% return, which is significantly higher than PRAE.DE's 7.71% 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%
PRAE.DE
- 1D
- 0.23%
- 1M
- 0.88%
- YTD
- 7.71%
- 6M
- 9.87%
- 1Y
- 16.29%
- 3Y*
- 13.87%
- 5Y*
- 10.04%
- 10Y*
- —
CEMS.DE vs. PRAE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
CEMS.DE iShares Edge MSCI Europe Value Factor UCITS ETF | 13.72% | 35.97% | 9.93% | 13.90% | -4.54% | 26.62% | -8.49% |
PRAE.DE Amundi Prime Europe UCITS ETF | 7.71% | 20.47% | 8.49% | 15.73% | -9.25% | 25.29% | -4.31% |
Correlation
The correlation between CEMS.DE and PRAE.DE is 0.90, 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 | 0.90 |
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 Jan 23, 2020 | 0.80 |
The correlation between CEMS.DE and PRAE.DE has been stable across timeframes, ranging from 0.80 to 0.90 - a consistent structural relationship.
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Return for Risk
CEMS.DE vs. PRAE.DE — Risk / Return Rank
CEMS.DE
PRAE.DE
CEMS.DE vs. PRAE.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 Amundi Prime Europe UCITS ETF (PRAE.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 | PRAE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.08 | ||
| Sortino ratioReturn per unit of downside risk | +1.37 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.24 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 3.29 | 1.75 | +1.54 |
| Martin ratioReturn relative to average drawdown | 12.37 | 6.64 | +5.72 |
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
| CEMS.DE | PRAE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.37 | 1.29 | +1.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.94 | 0.69 | +0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.54 | -0.05 |
Drawdowns
CEMS.DE vs. PRAE.DE - Drawdown Comparison
The maximum CEMS.DE drawdown since its inception was -40.20%, which is greater than PRAE.DE's maximum drawdown of -32.86%. Use the drawdown chart below to compare losses from any high point for CEMS.DE and PRAE.DE.
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Drawdown Indicators
| CEMS.DE | PRAE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.20% | -32.86% | -7.34% |
Max Drawdown (1Y)Largest decline over 1 year | -9.99% | -9.54% | -0.45% |
Max Drawdown (3Y)Largest decline over 3 years | -17.57% | -16.94% | -0.63% |
Max Drawdown (5Y)Largest decline over 5 years | -19.55% | -19.60% | +0.05% |
Max Drawdown (10Y)Largest decline over 10 years | -40.20% | — | — |
Current DrawdownCurrent decline from peak | -1.26% | -1.63% | +0.37% |
Average DrawdownAverage peak-to-trough decline | -7.49% | -5.27% | -2.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.66% | 2.52% | +0.14% |
Volatility
CEMS.DE vs. PRAE.DE - Volatility Comparison
iShares Edge MSCI Europe Value Factor UCITS ETF (CEMS.DE) has a higher volatility of 4.65% compared to Amundi Prime Europe UCITS ETF (PRAE.DE) at 4.39%. This indicates that CEMS.DE's price experiences larger fluctuations and is considered to be riskier than PRAE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CEMS.DE | PRAE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.65% | 4.39% | +0.26% |
Volatility (6M)Calculated over the trailing 6-month period | 11.17% | 10.66% | +0.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.87% | 12.97% | +0.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.23% | 14.42% | +0.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.43% | 17.22% | +0.21% |
CEMS.DE vs. PRAE.DE - Expense Ratio Comparison
CEMS.DE has a 0.25% expense ratio, which is higher than PRAE.DE's 0.05% 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
CEMS.DE vs. PRAE.DE - Dividend Comparison
Neither CEMS.DE nor PRAE.DE has paid dividends to shareholders.
Frequently Asked Questions
CEMS.DE and PRAE.DE have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PRAE.DE is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PRAE.DE is cheaper with a 0.05% expense ratio, compared with 0.25% for CEMS.DE.
CEMS.DE tracks MSCI Europe Enhanced Value, while PRAE.DE tracks Solactive GBS Developed Markets Europe Large & Mid Cap. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.25% for CEMS.DE and 0.05% for PRAE.DE.
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