CEMT.DE vs. VLEU.DE
CEMT.DE (iShares Edge MSCI Europe Size Factor UCITS ETF) and VLEU.DE (BNP Paribas Easy ESG Low Volatility Europe UCITS ETF) are both Europe Equities funds - CEMT.DE tracks the MSCI Europe Mid Cap Equal Weighted while VLEU.DE tracks the BNP Paribas Low Vol Europe ESG. Both are passively managed. Over the past 5 years, CEMT.DE returned 4.08%/yr vs 7.63%/yr for VLEU.DE. A 0.59 correlation means they provide meaningful diversification when combined. CEMT.DE charges 0.25%/yr vs 0.30%/yr for VLEU.DE.
Performance
CEMT.DE vs. VLEU.DE - Performance Comparison
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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%
VLEU.DE
- 1D
- 0.81%
- 1M
- 0.97%
- YTD
- 4.90%
- 6M
- 6.83%
- 1Y
- 6.35%
- 3Y*
- 10.05%
- 5Y*
- 7.63%
- 10Y*
- —
CEMT.DE vs. VLEU.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% | 13.62% |
VLEU.DE BNP Paribas Easy ESG Low Volatility Europe UCITS ETF | 4.90% | 12.78% | 10.91% | 11.65% | -13.54% | 27.36% | -5.16% | 25.67% | -3.52% | 14.10% |
Correlation
The correlation between CEMT.DE and VLEU.DE is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Dec 13, 2016 | 0.59 |
The correlation between CEMT.DE and VLEU.DE shifts across timeframes, from 0.43 (1 year) to 0.61 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
CEMT.DE vs. VLEU.DE — Risk / Return Rank
CEMT.DE
VLEU.DE
CEMT.DE vs. VLEU.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 BNP Paribas Easy ESG Low Volatility Europe UCITS ETF (VLEU.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 | VLEU.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.22 | ||
| Sortino ratioReturn per unit of downside risk | +0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.11 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.10 | 0.62 | +0.47 |
| Martin ratioReturn relative to average drawdown | 4.03 | 1.83 | +2.20 |
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
| CEMT.DE | VLEU.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.77 | 0.55 | +0.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | 0.69 | -0.41 |
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 | 0.76 | -0.38 |
Drawdowns
CEMT.DE vs. VLEU.DE - Drawdown Comparison
The maximum CEMT.DE drawdown since its inception was -37.66%, which is greater than VLEU.DE's maximum drawdown of -32.22%. Use the drawdown chart below to compare losses from any high point for CEMT.DE and VLEU.DE.
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Drawdown Indicators
| CEMT.DE | VLEU.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.66% | -32.22% | -5.44% |
Max Drawdown (1Y)Largest decline over 1 year | -4.26% | -10.14% | +5.88% |
Max Drawdown (3Y)Largest decline over 3 years | -14.36% | -12.56% | -1.80% |
Max Drawdown (5Y)Largest decline over 5 years | -29.23% | -19.89% | -9.34% |
Max Drawdown (10Y)Largest decline over 10 years | -37.66% | — | — |
Current DrawdownCurrent decline from peak | -0.39% | -4.49% | +4.10% |
Average DrawdownAverage peak-to-trough decline | -7.08% | -5.37% | -1.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.16% | 3.46% | -2.30% |
Volatility
CEMT.DE vs. VLEU.DE - Volatility Comparison
The current volatility for iShares Edge MSCI Europe Size Factor UCITS ETF (CEMT.DE) is 0.00%, while BNP Paribas Easy ESG Low Volatility Europe UCITS ETF (VLEU.DE) has a volatility of 3.76%. This indicates that CEMT.DE experiences smaller price fluctuations and is considered to be less risky than VLEU.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CEMT.DE | VLEU.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 3.76% | -3.76% |
Volatility (6M)Calculated over the trailing 6-month period | 0.00% | 9.58% | -9.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.11% | 11.54% | -5.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.61% | 14.47% | +0.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.11% | 16.57% | -0.46% |
CEMT.DE vs. VLEU.DE - Expense Ratio Comparison
CEMT.DE has a 0.25% expense ratio, which is lower than VLEU.DE's 0.30% expense ratio.
Dividends
CEMT.DE vs. VLEU.DE - Dividend Comparison
Neither CEMT.DE nor VLEU.DE has paid dividends to shareholders.
Frequently Asked Questions
CEMT.DE and VLEU.DE have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CEMT.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CEMT.DE is cheaper with a 0.25% expense ratio, compared with 0.30% for VLEU.DE.
CEMT.DE tracks MSCI Europe Mid Cap Equal Weighted, while VLEU.DE tracks BNP Paribas Low Vol Europe ESG. They also come from different issuers: iShares and BNP Paribas. Their fees differ too: 0.25% for CEMT.DE and 0.30% for VLEU.DE.
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