DBXD.DE vs. CEMT.DE
DBXD.DE (Xtrackers DAX UCITS ETF 1C) and CEMT.DE (iShares Edge MSCI Europe Size Factor UCITS ETF) are both Europe Equities funds - DBXD.DE tracks the DAX® while CEMT.DE tracks the MSCI Europe Mid Cap Equal Weighted. Both are passively managed. Over the past 10 years, DBXD.DE returned 8.92%/yr vs 6.44%/yr for CEMT.DE. Their correlation of 0.85 suggests significant overlap in exposure. DBXD.DE charges 0.09%/yr vs 0.25%/yr for CEMT.DE.
Performance
DBXD.DE vs. CEMT.DE - Performance Comparison
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Returns By Period
Over the past 10 years, DBXD.DE has outperformed CEMT.DE with an annualized return of 8.92%, while CEMT.DE has yielded a comparatively lower 6.44% annualized return.
DBXD.DE
- 1D
- 0.50%
- 1M
- -0.04%
- YTD
- 1.35%
- 6M
- 3.40%
- 1Y
- 2.06%
- 3Y*
- 15.51%
- 5Y*
- 9.16%
- 10Y*
- 8.92%
CEMT.DE
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 3.97%
- 3Y*
- 9.41%
- 5Y*
- 4.08%
- 10Y*
- 6.44%
DBXD.DE vs. CEMT.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DBXD.DE Xtrackers DAX UCITS ETF 1C | 1.35% | 22.65% | 18.18% | 19.60% | -12.74% | 15.26% | 3.11% | 24.69% | -18.52% | 12.12% |
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% |
Correlation
The correlation between DBXD.DE and CEMT.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 | 0.72 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.85 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 2015 | 0.85 |
Over the past year, the correlation between DBXD.DE and CEMT.DE has dropped to 0.43 - well below their long-term average of 0.85, suggesting their price drivers have been diverging.
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Return for Risk
DBXD.DE vs. CEMT.DE — Risk / Return Rank
DBXD.DE
CEMT.DE
DBXD.DE vs. CEMT.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers DAX UCITS ETF 1C (DBXD.DE) and iShares Edge MSCI Europe Size Factor UCITS ETF (CEMT.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.
| DBXD.DE | CEMT.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.62 | ||
| Sortino ratioReturn per unit of downside risk | -0.74 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.21 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.19 | 1.10 | -0.91 |
| Martin ratioReturn relative to average drawdown | 0.58 | 4.03 | -3.45 |
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
| DBXD.DE | CEMT.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.14 | 0.77 | -0.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.53 | 0.28 | +0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.40 | +0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.37 | -0.06 |
Drawdowns
DBXD.DE vs. CEMT.DE - Drawdown Comparison
The maximum DBXD.DE drawdown since its inception was -54.98%, which is greater than CEMT.DE's maximum drawdown of -37.66%. Use the drawdown chart below to compare losses from any high point for DBXD.DE and CEMT.DE.
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Drawdown Indicators
| DBXD.DE | CEMT.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.98% | -37.66% | -17.32% |
Max Drawdown (1Y)Largest decline over 1 year | -12.28% | -4.26% | -8.02% |
Max Drawdown (3Y)Largest decline over 3 years | -15.92% | -14.36% | -1.56% |
Max Drawdown (5Y)Largest decline over 5 years | -26.70% | -29.23% | +2.53% |
Max Drawdown (10Y)Largest decline over 10 years | -38.83% | -37.66% | -1.17% |
Current DrawdownCurrent decline from peak | -2.23% | -0.39% | -1.84% |
Average DrawdownAverage peak-to-trough decline | -11.34% | -7.08% | -4.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.97% | 1.16% | +2.81% |
Volatility
DBXD.DE vs. CEMT.DE - Volatility Comparison
Xtrackers DAX UCITS ETF 1C (DBXD.DE) has a higher volatility of 5.10% compared to iShares Edge MSCI Europe Size Factor UCITS ETF (CEMT.DE) at 0.00%. This indicates that DBXD.DE's price experiences larger fluctuations and is considered to be riskier than CEMT.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DBXD.DE | CEMT.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.10% | 0.00% | +5.10% |
Volatility (6M)Calculated over the trailing 6-month period | 12.95% | 0.00% | +12.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.13% | 6.11% | +10.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.16% | 14.61% | +2.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.35% | 16.11% | +2.24% |
DBXD.DE vs. CEMT.DE - Expense Ratio Comparison
DBXD.DE has a 0.09% expense ratio, which is lower than CEMT.DE's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
DBXD.DE vs. CEMT.DE - Dividend Comparison
Neither DBXD.DE nor CEMT.DE has paid dividends to shareholders.
Frequently Asked Questions
DBXD.DE and CEMT.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, DBXD.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DBXD.DE is cheaper with a 0.09% expense ratio, compared with 0.25% for CEMT.DE.
DBXD.DE tracks DAX®, while CEMT.DE tracks MSCI Europe Mid Cap Equal Weighted. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.09% for DBXD.DE and 0.25% for CEMT.DE.
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