CEMT.DE vs. EUNA.DE
CEMT.DE (iShares Edge MSCI Europe Size Factor UCITS ETF) and EUNA.DE (iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc) are both exchange-traded funds - CEMT.DE is a Europe Equities fund tracking the MSCI Europe Mid Cap Equal Weighted, while EUNA.DE is a Global Bonds fund tracking the Bloomberg Global Aggregate Bond (EUR Hedged). Both are passively managed. Over the past 5 years, CEMT.DE returned 4.08%/yr vs -1.29%/yr for EUNA.DE. At a 0.04 correlation, their price movements are largely independent. CEMT.DE charges 0.25%/yr vs 0.10%/yr for EUNA.DE.
Performance
CEMT.DE vs. EUNA.DE - Performance Comparison
Loading charts...
Returns By Period
CEMT.DE
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 4.36%
- 3Y*
- 9.41%
- 5Y*
- 4.08%
- 10Y*
- 6.44%
EUNA.DE
- 1D
- 0.22%
- 1M
- 0.18%
- YTD
- -0.46%
- 6M
- -0.29%
- 1Y
- 1.18%
- 3Y*
- 2.28%
- 5Y*
- -1.29%
- 10Y*
- —
CEMT.DE vs. EUNA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% | 1.07% |
EUNA.DE iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc | -0.46% | 2.79% | 1.60% | 4.36% | -13.52% | -2.37% | 3.70% | 5.06% | -1.17% | -0.54% |
Correlation
The correlation between CEMT.DE and EUNA.DE is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2017 | 0.04 |
The correlation between CEMT.DE and EUNA.DE shifts across timeframes, from 0.04 (all time) to 0.23 (3 years), reflecting how their relationship changes across market environments.
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
CEMT.DE vs. EUNA.DE — Risk / Return Rank
CEMT.DE
EUNA.DE
CEMT.DE vs. EUNA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Europe Size Factor UCITS ETF (CEMT.DE) and iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (EUNA.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.
| CEMT.DE | EUNA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.43 | ||
| Sortino ratioReturn per unit of downside risk | +0.56 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.06 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.10 | 0.43 | +0.67 |
| Martin ratioReturn relative to average drawdown | 4.03 | 1.18 | +2.85 |
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
| CEMT.DE | EUNA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.77 | 0.34 | +0.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | -0.28 | +0.55 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.40 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | -0.05 | +0.43 |
Drawdowns
CEMT.DE vs. EUNA.DE - Drawdown Comparison
The maximum CEMT.DE drawdown since its inception was -37.66%, which is greater than EUNA.DE's maximum drawdown of -17.79%. Use the drawdown chart below to compare losses from any high point for CEMT.DE and EUNA.DE.
Loading charts...
Drawdown Indicators
| CEMT.DE | EUNA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.66% | -17.79% | -19.87% |
Max Drawdown (1Y)Largest decline over 1 year | -4.26% | -2.75% | -1.51% |
Max Drawdown (3Y)Largest decline over 3 years | -14.36% | -4.02% | -10.34% |
Max Drawdown (5Y)Largest decline over 5 years | -29.23% | -17.03% | -12.20% |
Max Drawdown (10Y)Largest decline over 10 years | -37.66% | — | — |
Current DrawdownCurrent decline from peak | -0.39% | -8.66% | +8.27% |
Average DrawdownAverage peak-to-trough decline | -7.08% | -6.76% | -0.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.16% | 0.99% | +0.17% |
Volatility
CEMT.DE vs. EUNA.DE - Volatility Comparison
The current volatility for iShares Edge MSCI Europe Size Factor UCITS ETF (CEMT.DE) is 0.00%, while iShares Core Global Aggregate Bond UCITS ETF (EUR Hedged) Acc (EUNA.DE) has a volatility of 1.35%. This indicates that CEMT.DE experiences smaller price fluctuations and is considered to be less risky than EUNA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CEMT.DE | EUNA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 1.35% | -1.35% |
Volatility (6M)Calculated over the trailing 6-month period | 0.00% | 2.82% | -2.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.11% | 3.46% | +2.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.61% | 4.64% | +9.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.11% | 4.27% | +11.84% |
CEMT.DE vs. EUNA.DE - Expense Ratio Comparison
CEMT.DE has a 0.25% expense ratio, which is higher than EUNA.DE's 0.10% 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
CEMT.DE vs. EUNA.DE - Dividend Comparison
Neither CEMT.DE nor EUNA.DE has paid dividends to shareholders.
Frequently Asked Questions
CEMT.DE and EUNA.DE have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EUNA.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EUNA.DE is cheaper with a 0.10% expense ratio, compared with 0.25% for CEMT.DE.
CEMT.DE is categorized as Europe Equities, while EUNA.DE is Global Bonds. CEMT.DE tracks MSCI Europe Mid Cap Equal Weighted, while EUNA.DE tracks Bloomberg Global Aggregate Bond (EUR Hedged). Their fees differ too: 0.25% for CEMT.DE and 0.10% for EUNA.DE.
Find the right allocation for CEMT.DE and EUNA.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