CEMS.DE vs. XDWF.DE
CEMS.DE (iShares Edge MSCI Europe Value Factor UCITS ETF) and XDWF.DE (Xtrackers MSCI World Financials UCITS ETF 1C) are both exchange-traded funds - CEMS.DE is a Europe Equities fund tracking the MSCI Europe Enhanced Value, while XDWF.DE is a Financials Equities fund tracking the MSCI World Financials. Both are passively managed. Over the past 10 years, CEMS.DE returned 10.71%/yr vs 11.89%/yr for XDWF.DE. A 0.79 correlation means they provide meaningful diversification when combined. Both charge a 0.25% expense ratio.
Performance
CEMS.DE vs. XDWF.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 XDWF.DE's 1.15% return. Over the past 10 years, CEMS.DE has underperformed XDWF.DE with an annualized return of 10.71%, while XDWF.DE has yielded a comparatively higher 11.89% 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%
XDWF.DE
- 1D
- 2.02%
- 1M
- 1.21%
- YTD
- 1.15%
- 6M
- 4.65%
- 1Y
- 12.74%
- 3Y*
- 20.89%
- 5Y*
- 12.85%
- 10Y*
- 11.89%
CEMS.DE vs. XDWF.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% |
XDWF.DE Xtrackers MSCI World Financials UCITS ETF 1C | 1.15% | 15.35% | 34.08% | 12.42% | -4.87% | 39.49% | -11.91% | 29.11% | -13.92% | 8.33% |
Correlation
The correlation between CEMS.DE and XDWF.DE is 0.67, 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 | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.75 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Mar 23, 2016 | 0.79 |
The correlation between CEMS.DE and XDWF.DE shifts across timeframes, from 0.66 (3 years) to 0.79 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CEMS.DE vs. XDWF.DE — Risk / Return Rank
CEMS.DE
XDWF.DE
CEMS.DE vs. XDWF.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 Xtrackers MSCI World Financials UCITS ETF 1C (XDWF.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 | XDWF.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.44 | ||
| Sortino ratioReturn per unit of downside risk | +1.86 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.16 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 3.29 | 1.29 | +2.00 |
| Martin ratioReturn relative to average drawdown | 12.37 | 3.98 | +8.38 |
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 | XDWF.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.37 | 0.93 | +1.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.94 | 0.78 | +0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.64 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.63 | -0.14 |
Drawdowns
CEMS.DE vs. XDWF.DE - Drawdown Comparison
The maximum CEMS.DE drawdown since its inception was -40.20%, roughly equal to the maximum XDWF.DE drawdown of -42.06%. Use the drawdown chart below to compare losses from any high point for CEMS.DE and XDWF.DE.
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Drawdown Indicators
| CEMS.DE | XDWF.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.20% | -42.06% | +1.86% |
Max Drawdown (1Y)Largest decline over 1 year | -9.99% | -9.65% | -0.34% |
Max Drawdown (3Y)Largest decline over 3 years | -17.57% | -19.74% | +2.17% |
Max Drawdown (5Y)Largest decline over 5 years | -19.55% | -19.74% | +0.19% |
Max Drawdown (10Y)Largest decline over 10 years | -40.20% | -42.06% | +1.86% |
Current DrawdownCurrent decline from peak | -1.26% | -0.84% | -0.42% |
Average DrawdownAverage peak-to-trough decline | -7.49% | -6.06% | -1.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.66% | 3.14% | -0.48% |
Volatility
CEMS.DE vs. XDWF.DE - Volatility Comparison
iShares Edge MSCI Europe Value Factor UCITS ETF (CEMS.DE) has a higher volatility of 4.65% compared to Xtrackers MSCI World Financials UCITS ETF 1C (XDWF.DE) at 3.37%. This indicates that CEMS.DE's price experiences larger fluctuations and is considered to be riskier than XDWF.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 | XDWF.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.65% | 3.37% | +1.28% |
Volatility (6M)Calculated over the trailing 6-month period | 11.17% | 10.03% | +1.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.87% | 13.39% | +0.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.23% | 16.25% | -1.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.43% | 18.61% | -1.18% |
CEMS.DE vs. XDWF.DE - Expense Ratio Comparison
Both CEMS.DE and XDWF.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. XDWF.DE - Dividend Comparison
Neither CEMS.DE nor XDWF.DE has paid dividends to shareholders.
Frequently Asked Questions
CEMS.DE and XDWF.DE have a correlation of 0.67, 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 XDWF.DE have the same expense ratio: 0.25% per year.
CEMS.DE is categorized as Europe Equities, while XDWF.DE is Financials Equities. CEMS.DE tracks MSCI Europe Enhanced Value, while XDWF.DE tracks MSCI World Financials. They also come from different issuers: iShares and Xtrackers.
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