CEMS.DE vs. SEC0.DE
CEMS.DE (iShares Edge MSCI Europe Value Factor UCITS ETF) and SEC0.DE (iShares MSCI Global Semiconductors UCITS ETF USD (Acc)) are both exchange-traded funds - CEMS.DE is a Europe Equities fund tracking the MSCI Europe Enhanced Value, while SEC0.DE is a Semiconductors fund tracking the MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped. Both are passively managed. Over the past 3 years, CEMS.DE returned 21.63%/yr vs 56.37%/yr for SEC0.DE. A 0.51 correlation means they provide meaningful diversification when combined. CEMS.DE charges 0.25%/yr vs 0.35%/yr for SEC0.DE.
Performance
CEMS.DE vs. SEC0.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CEMS.DE achieves a 13.72% return, which is significantly lower than SEC0.DE's 98.10% 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%
SEC0.DE
- 1D
- -2.85%
- 1M
- 18.95%
- YTD
- 98.10%
- 6M
- 98.14%
- 1Y
- 188.23%
- 3Y*
- 56.37%
- 5Y*
- —
- 10Y*
- —
CEMS.DE vs. SEC0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CEMS.DE iShares Edge MSCI Europe Value Factor UCITS ETF | 13.72% | 35.97% | 9.93% | 13.90% | -4.54% | 5.29% |
SEC0.DE iShares MSCI Global Semiconductors UCITS ETF USD (Acc) | 98.10% | 36.46% | 20.85% | 61.01% | -32.22% | 21.11% |
Correlation
The correlation between CEMS.DE and SEC0.DE is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Aug 9, 2021 | 0.51 |
The correlation between CEMS.DE and SEC0.DE has been stable across timeframes, ranging from 0.44 to 0.51 - a consistent structural relationship.
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. SEC0.DE — Risk / Return Rank
CEMS.DE
SEC0.DE
CEMS.DE vs. SEC0.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 MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.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 | SEC0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.52 | ||
| Sortino ratioReturn per unit of downside risk | -2.60 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.75 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | 3.29 | 14.81 | -11.51 |
| Martin ratioReturn relative to average drawdown | 12.37 | 52.61 | -40.25 |
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 | SEC0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.37 | 5.89 | -3.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.94 | — | — |
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 | 1.17 | -0.68 |
Drawdowns
CEMS.DE vs. SEC0.DE - Drawdown Comparison
The maximum CEMS.DE drawdown since its inception was -40.20%, roughly equal to the maximum SEC0.DE drawdown of -39.35%. Use the drawdown chart below to compare losses from any high point for CEMS.DE and SEC0.DE.
Loading charts...
Drawdown Indicators
| CEMS.DE | SEC0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.20% | -39.35% | -0.85% |
Max Drawdown (1Y)Largest decline over 1 year | -9.99% | -12.90% | +2.91% |
Max Drawdown (3Y)Largest decline over 3 years | -17.57% | -39.35% | +21.78% |
Max Drawdown (5Y)Largest decline over 5 years | -19.55% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -40.20% | — | — |
Current DrawdownCurrent decline from peak | -1.26% | -2.85% | +1.59% |
Average DrawdownAverage peak-to-trough decline | -7.49% | -11.85% | +4.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.66% | 3.64% | -0.98% |
Volatility
CEMS.DE vs. SEC0.DE - Volatility Comparison
The current volatility for iShares Edge MSCI Europe Value Factor UCITS ETF (CEMS.DE) is 4.65%, while iShares MSCI Global Semiconductors UCITS ETF USD (Acc) (SEC0.DE) has a volatility of 13.13%. This indicates that CEMS.DE experiences smaller price fluctuations and is considered to be less risky than SEC0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CEMS.DE | SEC0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.65% | 13.13% | -8.48% |
Volatility (6M)Calculated over the trailing 6-month period | 11.17% | 25.14% | -13.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.87% | 32.42% | -18.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.23% | 29.95% | -14.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.43% | 29.95% | -12.52% |
CEMS.DE vs. SEC0.DE - Expense Ratio Comparison
CEMS.DE has a 0.25% expense ratio, which is lower than SEC0.DE's 0.35% expense ratio.
Dividends
CEMS.DE vs. SEC0.DE - Dividend Comparison
Neither CEMS.DE nor SEC0.DE has paid dividends to shareholders.
Frequently Asked Questions
CEMS.DE and SEC0.DE have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CEMS.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CEMS.DE is cheaper with a 0.25% expense ratio, compared with 0.35% for SEC0.DE.
CEMS.DE is categorized as Europe Equities, while SEC0.DE is Semiconductors. CEMS.DE tracks MSCI Europe Enhanced Value, while SEC0.DE tracks MSCI ACWI IMI Semiconductors & Semiconductor Equipment ESG Screened Select Capped. Their fees differ too: 0.25% for CEMS.DE and 0.35% for SEC0.DE.
Find the right allocation for CEMS.DE and SEC0.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