CEUG.DE vs. ASWA.DE
CEUG.DE (iShares MSCI EMU UCITS ETF GBP Hedged (Dist)) and ASWA.DE (HANetf European Green Deal UCITS ETF Acc) are both Europe Equities funds - CEUG.DE tracks the MSCI Europe NR EUR while ASWA.DE tracks the SGI European Green Deal ESG Screened. Both are passively managed. Over the past year, CEUG.DE returned 16.71% vs 0.26% for ASWA.DE. A 0.69 correlation means they provide meaningful diversification when combined. CEUG.DE charges 0.12%/yr vs 0.60%/yr for ASWA.DE.
Performance
CEUG.DE vs. ASWA.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CEUG.DE achieves a 7.45% return, which is significantly higher than ASWA.DE's -10.58% return.
CEUG.DE
- 1D
- 0.60%
- 1M
- 3.72%
- YTD
- 7.45%
- 6M
- 10.20%
- 1Y
- 16.71%
- 3Y*
- 13.62%
- 5Y*
- 9.35%
- 10Y*
- 8.85%
ASWA.DE
- 1D
- -0.09%
- 1M
- 0.41%
- YTD
- -10.58%
- 6M
- -9.71%
- 1Y
- 0.26%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CEUG.DE vs. ASWA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CEUG.DE iShares MSCI EMU UCITS ETF GBP Hedged (Dist) | 7.45% | 19.02% | 9.58% | 3.32% |
ASWA.DE HANetf European Green Deal UCITS ETF Acc | -10.58% | 26.07% | -11.37% | -2.40% |
Correlation
The correlation between CEUG.DE and ASWA.DE is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2023 | 0.69 |
The correlation between CEUG.DE and ASWA.DE shifts across timeframes, from 0.50 (1 year) to 0.69 (all time), 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
CEUG.DE vs. ASWA.DE — Risk / Return Rank
CEUG.DE
ASWA.DE
CEUG.DE vs. ASWA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EMU UCITS ETF GBP Hedged (Dist) (CEUG.DE) and HANetf European Green Deal UCITS ETF Acc (ASWA.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.
| CEUG.DE | ASWA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.23 | ||
| Sortino ratioReturn per unit of downside risk | +1.61 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.06 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.65 | 0.01 | +1.65 |
| Martin ratioReturn relative to average drawdown | 6.05 | 0.03 | +6.02 |
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
| CEUG.DE | ASWA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.24 | 0.01 | +1.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | -0.04 | +0.56 |
Drawdowns
CEUG.DE vs. ASWA.DE - Drawdown Comparison
The maximum CEUG.DE drawdown since its inception was -35.67%, which is greater than ASWA.DE's maximum drawdown of -30.36%. Use the drawdown chart below to compare losses from any high point for CEUG.DE and ASWA.DE.
Loading charts...
Drawdown Indicators
| CEUG.DE | ASWA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.67% | -30.36% | -5.31% |
Max Drawdown (1Y)Largest decline over 1 year | -10.05% | -30.36% | +20.31% |
Max Drawdown (3Y)Largest decline over 3 years | -16.67% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -21.04% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -35.67% | — | — |
Current DrawdownCurrent decline from peak | -1.56% | -23.85% | +22.29% |
Average DrawdownAverage peak-to-trough decline | -5.57% | -8.15% | +2.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.76% | 10.54% | -7.78% |
Volatility
CEUG.DE vs. ASWA.DE - Volatility Comparison
The current volatility for iShares MSCI EMU UCITS ETF GBP Hedged (Dist) (CEUG.DE) is 4.42%, while HANetf European Green Deal UCITS ETF Acc (ASWA.DE) has a volatility of 7.52%. This indicates that CEUG.DE experiences smaller price fluctuations and is considered to be less risky than ASWA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CEUG.DE | ASWA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.42% | 7.52% | -3.10% |
Volatility (6M)Calculated over the trailing 6-month period | 11.04% | 37.06% | -26.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.41% | 33.68% | -20.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.36% | 24.72% | -10.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.62% | 24.72% | -9.10% |
CEUG.DE vs. ASWA.DE - Expense Ratio Comparison
CEUG.DE has a 0.12% expense ratio, which is lower than ASWA.DE's 0.60% expense ratio.
Dividends
CEUG.DE vs. ASWA.DE - Dividend Comparison
Neither CEUG.DE nor ASWA.DE has paid dividends to shareholders.
Frequently Asked Questions
CEUG.DE and ASWA.DE have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CEUG.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CEUG.DE is cheaper with a 0.12% expense ratio, compared with 0.60% for ASWA.DE.
CEUG.DE tracks MSCI Europe NR EUR, while ASWA.DE tracks SGI European Green Deal ESG Screened. They also come from different issuers: Amundi and HANetf. Their fees differ too: 0.12% for CEUG.DE and 0.60% for ASWA.DE.
Find the right allocation for CEUG.DE and ASWA.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