CEMT.DE vs. VMID.DE

Last updated Jun 5, 2026

CEMT.DE (iShares Edge MSCI Europe Size Factor UCITS ETF) and VMID.DE (Vanguard FTSE 250 UCITS ETF Distributing) are both Europe Equities funds - CEMT.DE tracks the MSCI Europe Mid Cap Equal Weighted while VMID.DE tracks the FTSE 250 Ex Investment Trust TR GBP. Both are passively managed. Over the past 5 years, CEMT.DE returned 4.08%/yr vs 3.22%/yr for VMID.DE. Their correlation of 0.82 suggests significant overlap in exposure. CEMT.DE charges 0.25%/yr vs 0.10%/yr for VMID.DE.

Performance

CEMT.DE vs. VMID.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Edge MSCI Europe Size Factor UCITS ETF (CEMT.DE) and Vanguard FTSE 250 UCITS ETF Distributing (VMID.DE). The values are adjusted to include any dividend payments, if applicable.

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%

VMID.DE

• 1D: 0.49%
• 1M: 3.93%
• YTD: 5.91%
• 6M: 8.26%
• 1Y: 11.06%
• 3Y*: 10.20%
• 5Y*: 3.22%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CEMT.DE vs. VMID.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%	-0.17%
VMID.DE Vanguard FTSE 250 UCITS ETF Distributing	5.91%	8.64%	11.29%	10.54%	-21.96%	23.06%	-8.99%	38.05%	-15.29%	2.75%

Correlation

The correlation between CEMT.DE and VMID.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	0.73
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (All Time) Calculated using the full available price history since Oct 27, 2017	0.82

Over the past year, the correlation between CEMT.DE and VMID.DE has dropped to 0.43 - well below their long-term average of 0.82, suggesting their price drivers have been diverging.

Return for Risk

CEMT.DE vs. VMID.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CEMT.DE

CEMT.DE Risk / Return Rank: 26
CEMT.DE Sharpe Ratio Rank: 22
CEMT.DE Sortino Ratio Rank: 21
CEMT.DE Omega Ratio Rank: 32
CEMT.DE Calmar Ratio Rank: 24
CEMT.DE Martin Ratio Rank: 29

VMID.DE

VMID.DE Risk / Return Rank: 24
VMID.DE Sharpe Ratio Rank: 24
VMID.DE Sortino Ratio Rank: 24
VMID.DE Omega Ratio Rank: 24
VMID.DE Calmar Ratio Rank: 22
VMID.DE Martin Ratio Rank: 26

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CEMT.DE vs. VMID.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 Vanguard FTSE 250 UCITS ETF Distributing (VMID.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	VMID.DE	Difference
Sharpe ratio: Return per unit of total volatility	0.77	0.80	-0.04
Sortino ratio: Return per unit of downside risk	1.07	1.23	-0.17
Omega ratio: Gain probability vs. loss probability	1.21	1.15	+0.06
Calmar ratio: Return relative to maximum drawdown	1.10	1.00	+0.09
Martin ratio: Return relative to average drawdown	4.03	3.57	+0.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CEMT.DE vs. VMID.DE - Sharpe Ratio Comparison

The current CEMT.DE Sharpe Ratio is 0.77, which is comparable to the VMID.DE Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of CEMT.DE and VMID.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CEMT.DE	VMID.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.77	0.80	-0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	0.19	+0.08
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	0.25	+0.12

Drawdowns

CEMT.DE vs. VMID.DE - Drawdown Comparison

The maximum CEMT.DE drawdown since its inception was -37.66%, smaller than the maximum VMID.DE drawdown of -46.58%. Use the drawdown chart below to compare losses from any high point for CEMT.DE and VMID.DE.

Drawdown Indicators

	CEMT.DE	VMID.DE	Difference
Max Drawdown Largest peak-to-trough decline	-37.66%	-46.58%	+8.92%
Max Drawdown (1Y) Largest decline over 1 year	-4.26%	-10.96%	+6.70%
Max Drawdown (3Y) Largest decline over 3 years	-14.36%	-18.34%	+3.98%
Max Drawdown (5Y) Largest decline over 5 years	-29.23%	-32.26%	+3.03%
Max Drawdown (10Y) Largest decline over 10 years	-37.66%	—	—
Current Drawdown Current decline from peak	-0.39%	-1.19%	+0.80%
Average Drawdown Average peak-to-trough decline	-7.08%	-10.67%	+3.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.16%	3.09%	-1.93%

Volatility

CEMT.DE vs. VMID.DE - Volatility Comparison

The current volatility for iShares Edge MSCI Europe Size Factor UCITS ETF (CEMT.DE) is 0.00%, while Vanguard FTSE 250 UCITS ETF Distributing (VMID.DE) has a volatility of 4.53%. This indicates that CEMT.DE experiences smaller price fluctuations and is considered to be less risky than VMID.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CEMT.DE	VMID.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	4.53%	-4.53%
Volatility (6M) Calculated over the trailing 6-month period	0.00%	11.01%	-11.01%
Volatility (1Y) Calculated over the trailing 1-year period	6.11%	13.71%	-7.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.61%	16.54%	-1.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.11%	18.80%	-2.69%

CEMT.DE vs. VMID.DE - Expense Ratio Comparison

CEMT.DE has a 0.25% expense ratio, which is higher than VMID.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. VMID.DE - Dividend Comparison

CEMT.DE has not paid dividends to shareholders, while VMID.DE's dividend yield for the trailing twelve months is around 3.65%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
CEMT.DE iShares Edge MSCI Europe Size Factor UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VMID.DE Vanguard FTSE 250 UCITS ETF Distributing	3.65%	3.95%	3.29%	3.44%	3.41%	2.51%	2.04%	2.74%	3.69%	0.72%

Frequently Asked Questions

Can I hold both CEMT.DE and VMID.DE in my portfolio?

CEMT.DE and VMID.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.

Which ETF is better, CEMT.DE or VMID.DE?

On fees, VMID.DE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CEMT.DE or VMID.DE?

VMID.DE is cheaper with a 0.10% expense ratio, compared with 0.25% for CEMT.DE.

What is the main difference between CEMT.DE and VMID.DE?

CEMT.DE tracks MSCI Europe Mid Cap Equal Weighted, while VMID.DE tracks FTSE 250 Ex Investment Trust TR GBP. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.25% for CEMT.DE and 0.10% for VMID.DE.