PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
CMB1.L vs. IMIB.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CMB1.L vs. IMIB.L

Last updated Jun 25, 2026

CMB1.L (iShares FTSE MIB UCITS ETF (Acc)) and IMIB.L (iShares FTSE MIB UCITS ETF EUR (Dist)) are both Europe Equities funds from iShares tracking the FTSE Italia AllShare TR EUR. Both are passively managed. Over the past 10 years, CMB1.L returned 17.17%/yr vs 17.18%/yr for IMIB.L. Their correlation of 0.93 suggests significant overlap in exposure. CMB1.L charges 0.33%/yr vs 0.35%/yr for IMIB.L.

Performance

CMB1.L vs. IMIB.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares FTSE MIB UCITS ETF (Acc) (CMB1.L) and iShares FTSE MIB UCITS ETF EUR (Dist) (IMIB.L). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

The year-to-date returns for both stocks are quite close, with CMB1.L having a 16.95% return and IMIB.L slightly lower at 16.78%. Both investments have delivered pretty close results over the past 10 years, with CMB1.L having a 17.17% annualized return and IMIB.L not far ahead at 17.18%.

CMB1.L

1D
-0.98%
1M
4.28%
YTD
16.95%
6M
17.58%
1Y
38.08%
3Y*
29.90%
5Y*
20.57%
10Y*
17.17%

IMIB.L

1D
-0.73%
1M
4.20%
YTD
16.78%
6M
17.43%
1Y
37.72%
3Y*
29.79%
5Y*
20.47%
10Y*
17.18%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CMB1.L vs. IMIB.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
CMB1.L
iShares FTSE MIB UCITS ETF (Acc)		16.95%43.83%13.25%30.68%-3.56%18.29%1.52%24.83%-13.79%22.48%
IMIB.L
iShares FTSE MIB UCITS ETF EUR (Dist)		16.78%43.78%13.17%30.55%-3.59%18.30%1.46%24.85%-12.68%20.95%

Correlation

The correlation between CMB1.L and IMIB.L is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.99

Correlation (3Y)
Calculated over the trailing 3-year period

1.00

Correlation (5Y)
Calculated over the trailing 5-year period

0.99

Correlation (10Y)
Calculated over the trailing 10-year period

0.97

Correlation (All Time)
Calculated using the full available price history since Jan 26, 2010

0.93

The correlation between CMB1.L and IMIB.L has been stable across timeframes, ranging from 0.93 to 1.00 - a consistent structural relationship.

CMB1.L vs. IMIB.L - Sectors Allocation Comparison

Sectors
CMB1.L
IMIB.L

Financial Services

47.2%
45.3%

Utilities

15.3%
15.9%

Industrials

11.1%
11.4%

Consumer Cyclical

9.2%
9.9%

Energy

7.2%
7.9%

Technology

6.0%
5.5%

Communication Services

1.8%
1.7%

Healthcare

1.1%
1.2%

Basic Materials

0.5%
0.5%

Consumer Defensive

0.4%
0.4%

Real Estate

0.3%
0.3%

Financial Services

CMB1.L
47.2%
IMIB.L
45.3%

Utilities

CMB1.L
15.3%
IMIB.L
15.9%

Industrials

CMB1.L
11.1%
IMIB.L
11.4%

Consumer Cyclical

CMB1.L
9.2%
IMIB.L
9.9%

Energy

CMB1.L
7.2%
IMIB.L
7.9%

Technology

CMB1.L
6.0%
IMIB.L
5.5%

Communication Services

CMB1.L
1.8%
IMIB.L
1.7%

Healthcare

CMB1.L
1.1%
IMIB.L
1.2%

Basic Materials

CMB1.L
0.5%
IMIB.L
0.5%

Consumer Defensive

CMB1.L
0.4%
IMIB.L
0.4%

Real Estate

CMB1.L
0.3%
IMIB.L
0.3%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares FTSE MIB UCITS ETF (Acc)

iShares FTSE MIB UCITS ETF EUR (Dist)

Often compared with CMB1.L:
CMB1.L vs. XDEM.LCMB1.L vs. H50E.LCMB1.L vs. IITU.LCMB1.L vs. SPYCMB1.L vs. IQSA.LCMB1.L vs. X7PP.LCMB1.L vs. EQQQ.L
Often compared with IMIB.L:
IMIB.L vs. ESIF.LIMIB.L vs. SPMOIMIB.L vs. X7PP.LIMIB.L vs. VOOIMIB.L vs. BNKE.LIMIB.L vs. PSRE.LIMIB.L vs. EEIP.L

Return for Risk

CMB1.L vs. IMIB.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CMB1.L
CMB1.L Risk / Return Rank: 8383
Overall Rank
CMB1.L Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
CMB1.L Sortino Ratio Rank: 8686
Sortino Ratio Rank
CMB1.L Omega Ratio Rank: 8383
Omega Ratio Rank
CMB1.L Calmar Ratio Rank: 7979
Calmar Ratio Rank
CMB1.L Martin Ratio Rank: 7979
Martin Ratio Rank
IMIB.L
IMIB.L Risk / Return Rank: 8282
Overall Rank
IMIB.L Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
IMIB.L Sortino Ratio Rank: 8585
Sortino Ratio Rank
IMIB.L Omega Ratio Rank: 8383
Omega Ratio Rank
IMIB.L Calmar Ratio Rank: 7979
Calmar Ratio Rank
IMIB.L Martin Ratio Rank: 7878
Martin Ratio Rank
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.

CMB1.L vs. IMIB.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares FTSE MIB UCITS ETF (Acc) (CMB1.L) and iShares FTSE MIB UCITS ETF EUR (Dist) (IMIB.L). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

CMB1.LIMIB.LDifference
Sharpe ratioReturn per unit of total volatility
2.52
2.49

+0.02

Sortino ratioReturn per unit of downside risk
3.39
3.36

+0.03

Omega ratioGain probability vs. loss probability

1.44

1.44

0.00

Calmar ratioReturn relative to maximum drawdown

3.67

3.65

+0.02

Martin ratioReturn relative to average drawdown

13.44

13.36

+0.08

CMB1.L vs. IMIB.L - Sharpe Ratio Comparison

The current CMB1.L Sharpe Ratio is 2.52, which is comparable to the IMIB.L Sharpe Ratio of 2.49. The chart below compares the historical Sharpe Ratios of CMB1.L and IMIB.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

CMB1.L vs. IMIB.L - Drawdown Comparison

The maximum CMB1.L drawdown since its inception was -56.05%, smaller than the maximum IMIB.L drawdown of -70.29%. Use the drawdown chart below to compare losses from any high point for CMB1.L and IMIB.L.

Loading charts...

Drawdown Indicators

CMB1.LIMIB.LDifference

Max Drawdown

Largest peak-to-trough decline

-56.05%

-70.29%

+14.24%

Max Drawdown (1Y)

Largest decline over 1 year

-10.32%

-10.28%

-0.04%

Max Drawdown (3Y)

Largest decline over 3 years

-15.62%

-15.58%

-0.04%

Max Drawdown (5Y)

Largest decline over 5 years

-24.19%

-24.06%

-0.13%

Max Drawdown (10Y)

Largest decline over 10 years

-36.61%

-36.68%

+0.07%

Current Drawdown

Current decline from peak

-2.87%

-2.87%

0.00%

Average Drawdown

Average peak-to-trough decline

-15.21%

-32.97%

+17.76%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.83%

2.82%

+0.01%

Volatility

CMB1.L vs. IMIB.L - Volatility Comparison

iShares FTSE MIB UCITS ETF (Acc) (CMB1.L) and iShares FTSE MIB UCITS ETF EUR (Dist) (IMIB.L) have volatilities of 4.06% and 4.08%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

CMB1.LIMIB.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.06%

4.08%

-0.02%

Volatility (6M)

Calculated over the trailing 6-month period

12.41%

12.35%

+0.06%

Volatility (1Y)

Calculated over the trailing 1-year period

15.11%

15.10%

+0.01%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.01%

17.94%

+0.07%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.12%

19.35%

+0.77%

CMB1.L vs. IMIB.L - Expense Ratio Comparison

CMB1.L has a 0.33% expense ratio, which is lower than IMIB.L's 0.35% expense ratio.

Dividends

CMB1.L vs. IMIB.L - Dividend Comparison

CMB1.L has not paid dividends to shareholders, while IMIB.L's dividend yield for the trailing twelve months is around 3.75%.

PositionTTM20252024202320222021202020192018201720162015
CMB1.L
iShares FTSE MIB UCITS ETF (Acc)		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IMIB.L
iShares FTSE MIB UCITS ETF EUR (Dist)		3.75%3.83%4.53%3.77%3.90%3.15%1.44%3.41%3.25%2.29%2.82%2.15%

Frequently Asked Questions

With a correlation of 0.99, CMB1.L and IMIB.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

On fees, CMB1.L is cheaper at 0.33% per year. The better choice depends on whether you care most about return, fees, risk, or income.

CMB1.L is cheaper with a 0.33% expense ratio, compared with 0.35% for IMIB.L.

Both ETFs track FTSE Italia AllShare TR EUR. Their fees differ too: 0.33% for CMB1.L and 0.35% for IMIB.L.

Portfolio Optimizer

Find the right allocation for CMB1.L and IMIB.L

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