EXS1.DE vs. CEMT.DE
EXS1.DE (iShares Core DAX UCITS ETF (DE)) and CEMT.DE (iShares Edge MSCI Europe Size Factor UCITS ETF) are both Europe Equities funds from iShares - EXS1.DE tracks the DAX® while CEMT.DE tracks the MSCI Europe Mid Cap Equal Weighted. Both are passively managed. Over the past 10 years, EXS1.DE returned 8.88%/yr vs 6.44%/yr for CEMT.DE. Their correlation of 0.85 suggests significant overlap in exposure. EXS1.DE charges 0.16%/yr vs 0.25%/yr for CEMT.DE.
Performance
EXS1.DE vs. CEMT.DE - Performance Comparison
Loading charts...
Returns By Period
Over the past 10 years, EXS1.DE has outperformed CEMT.DE with an annualized return of 8.88%, while CEMT.DE has yielded a comparatively lower 6.44% annualized return.
EXS1.DE
- 1D
- 0.59%
- 1M
- 2.03%
- YTD
- 1.33%
- 6M
- 4.02%
- 1Y
- 2.26%
- 3Y*
- 15.45%
- 5Y*
- 9.09%
- 10Y*
- 8.88%
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%
EXS1.DE vs. CEMT.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EXS1.DE iShares Core DAX UCITS ETF (DE) | 1.33% | 22.63% | 18.07% | 19.45% | -12.79% | 15.16% | 2.98% | 24.67% | -18.48% | 12.30% |
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 EXS1.DE and CEMT.DE is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.73 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
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 EXS1.DE and CEMT.DE has dropped to 0.42 - well below their long-term average of 0.85, suggesting their price drivers have been diverging.
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
EXS1.DE vs. CEMT.DE — Risk / Return Rank
EXS1.DE
CEMT.DE
EXS1.DE vs. CEMT.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core DAX UCITS ETF (DE) (EXS1.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.
| EXS1.DE | CEMT.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.63 | ||
| Sortino ratioReturn per unit of downside risk | -0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.21 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.18 | 1.10 | -0.92 |
| Martin ratioReturn relative to average drawdown | 0.57 | 4.03 | -3.47 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EXS1.DE | CEMT.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.14 | 0.77 | -0.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 0.28 | +0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.40 | +0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.37 | -0.16 |
Drawdowns
EXS1.DE vs. CEMT.DE - Drawdown Comparison
The maximum EXS1.DE drawdown since its inception was -68.00%, 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 EXS1.DE and CEMT.DE.
Loading charts...
Drawdown Indicators
| EXS1.DE | CEMT.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.00% | -37.66% | -30.34% |
Max Drawdown (1Y)Largest decline over 1 year | -12.35% | -4.26% | -8.09% |
Max Drawdown (3Y)Largest decline over 3 years | -15.93% | -14.36% | -1.57% |
Max Drawdown (5Y)Largest decline over 5 years | -26.69% | -29.23% | +2.54% |
Max Drawdown (10Y)Largest decline over 10 years | -38.68% | -37.66% | -1.02% |
Current DrawdownCurrent decline from peak | -2.23% | -0.39% | -1.84% |
Average DrawdownAverage peak-to-trough decline | -17.04% | -7.08% | -9.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.99% | 1.16% | +2.83% |
Volatility
EXS1.DE vs. CEMT.DE - Volatility Comparison
iShares Core DAX UCITS ETF (DE) (EXS1.DE) has a higher volatility of 5.16% compared to iShares Edge MSCI Europe Size Factor UCITS ETF (CEMT.DE) at 0.00%. This indicates that EXS1.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.
Loading charts...
Volatility by Period
| EXS1.DE | CEMT.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.16% | 0.00% | +5.16% |
Volatility (6M)Calculated over the trailing 6-month period | 12.95% | 0.00% | +12.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.04% | 6.11% | +9.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.18% | 14.61% | +2.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.36% | 16.11% | +2.25% |
EXS1.DE vs. CEMT.DE - Expense Ratio Comparison
EXS1.DE has a 0.16% 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
EXS1.DE vs. CEMT.DE - Dividend Comparison
Neither EXS1.DE nor CEMT.DE has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% | 0.00% |
EXS1.DE iShares Core DAX UCITS ETF (DE) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.51% | 0.48% | 0.73% | 0.66% |
Frequently Asked Questions
EXS1.DE and CEMT.DE have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EXS1.DE is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EXS1.DE is cheaper with a 0.16% expense ratio, compared with 0.25% for CEMT.DE.
EXS1.DE tracks DAX®, while CEMT.DE tracks MSCI Europe Mid Cap Equal Weighted. Their fees differ too: 0.16% for EXS1.DE and 0.25% for CEMT.DE.
Find the right allocation for EXS1.DE and CEMT.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