FIE.DE vs. CEW.TO

Last updated Jun 4, 2026

FIE.DE (Fielmann Aktiengesellschaft) is a stock, while CEW.TO (iShares Equal Weight Banc & Lifeco ETF) is Financials Equities fund tracking the Morningstar Gbl Fin Svc GR CAD. Over the past 10 years, FIE.DE returned -1.90%/yr vs 13.98%/yr for CEW.TO. At a 0.22 correlation, their price movements are largely independent.

Performance

FIE.DE vs. CEW.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Fielmann Aktiengesellschaft (FIE.DE) and iShares Equal Weight Banc & Lifeco ETF (CEW.TO). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

FIE.DE is traded in EUR, while CEW.TO is traded in CAD. To make them comparable, the CEW.TO values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, FIE.DE achieves a -4.02% return, which is significantly lower than CEW.TO's 15.93% return. Over the past 10 years, FIE.DE has underperformed CEW.TO with an annualized return of -1.90%, while CEW.TO has yielded a comparatively higher 13.98% annualized return.

FIE.DE

• 1D: -4.57%
• 1M: -1.30%
• YTD: -4.02%
• 6M: -2.56%
• 1Y: -24.67%
• 3Y*: -1.83%
• 5Y*: -6.93%
• 10Y*: -1.90%

CEW.TO

• 1D: -0.47%
• 1M: 3.34%
• YTD: 15.93%
• 6M: 19.70%
• 1Y: 39.89%
• 3Y*: 24.86%
• 5Y*: 15.39%
• 10Y*: 13.98%

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

FIE.DE vs. CEW.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FIE.DE Fielmann Aktiengesellschaft	-4.02%	7.30%	-12.91%	33.37%	-35.00%	-9.32%	-4.80%	37.30%	-24.13%	20.13%
CEW.TO iShares Equal Weight Banc & Lifeco ETF	15.93%	22.45%	27.13%	16.12%	-7.70%	39.96%	-7.00%	34.62%	-15.84%	4.90%

Correlation

The correlation between FIE.DE and CEW.TO is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.13
Correlation (5Y) Calculated over the trailing 5-year period	0.19
Correlation (10Y) Calculated over the trailing 10-year period	0.18
Correlation (All Time) Calculated using the full available price history since May 6, 2009	0.22

The correlation between FIE.DE and CEW.TO shifts across timeframes, from 0.07 (1 year) to 0.22 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FIE.DE vs. CEW.TO — Risk / Return Rank

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

FIE.DE

FIE.DE Risk / Return Rank: 8
FIE.DE Sharpe Ratio Rank: 4
FIE.DE Sortino Ratio Rank: 5
FIE.DE Omega Ratio Rank: 7
FIE.DE Calmar Ratio Rank: 12
FIE.DE Martin Ratio Rank: 14

CEW.TO

CEW.TO Risk / Return Rank: 94
CEW.TO Sharpe Ratio Rank: 95
CEW.TO Sortino Ratio Rank: 95
CEW.TO Omega Ratio Rank: 94
CEW.TO Calmar Ratio Rank: 92
CEW.TO Martin Ratio Rank: 92

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.

FIE.DE vs. CEW.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fielmann Aktiengesellschaft (FIE.DE) and iShares Equal Weight Banc & Lifeco ETF (CEW.TO). 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.

	FIE.DE	CEW.TO	Difference
Sharpe ratio: Return per unit of total volatility	-1.06	3.33	-4.39
Sortino ratio: Return per unit of downside risk	-1.55	4.44	-5.99
Omega ratio: Gain probability vs. loss probability	0.82	1.60	-0.78
Calmar ratio: Return relative to maximum drawdown	-0.78	7.15	-7.93
Martin ratio: Return relative to average drawdown	-1.21	23.19	-24.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FIE.DE vs. CEW.TO - Sharpe Ratio Comparison

The current FIE.DE Sharpe Ratio is -1.06, which is lower than the CEW.TO Sharpe Ratio of 3.33. The chart below compares the historical Sharpe Ratios of FIE.DE and CEW.TO, 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

	FIE.DE	CEW.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.06	3.33	-4.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.27	1.00	-1.27
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.08	0.71	-0.79
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.68	-0.35

Drawdowns

FIE.DE vs. CEW.TO - Drawdown Comparison

The maximum FIE.DE drawdown since its inception was -59.73%, which is greater than CEW.TO's maximum drawdown of -47.75%. Use the drawdown chart below to compare losses from any high point for FIE.DE and CEW.TO.

Drawdown Indicators

	FIE.DE	CEW.TO	Difference
Max Drawdown Largest peak-to-trough decline	-59.73%	-47.75%	-11.98%
Max Drawdown (1Y) Largest decline over 1 year	-31.51%	-5.60%	-25.91%
Max Drawdown (3Y) Largest decline over 3 years	-31.51%	-15.11%	-16.40%
Max Drawdown (5Y) Largest decline over 5 years	-56.07%	-19.76%	-36.31%
Max Drawdown (10Y) Largest decline over 10 years	-59.73%	-47.75%	-11.98%
Current Drawdown Current decline from peak	-36.00%	-1.85%	-34.15%
Average Drawdown Average peak-to-trough decline	-14.88%	-6.88%	-8.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.33%	1.72%	+18.61%

Volatility

FIE.DE vs. CEW.TO - Volatility Comparison

Fielmann Aktiengesellschaft (FIE.DE) has a higher volatility of 7.72% compared to iShares Equal Weight Banc & Lifeco ETF (CEW.TO) at 3.65%. This indicates that FIE.DE's price experiences larger fluctuations and is considered to be riskier than CEW.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FIE.DE	CEW.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.72%	3.65%	+4.07%
Volatility (6M) Calculated over the trailing 6-month period	18.58%	10.15%	+8.43%
Volatility (1Y) Calculated over the trailing 1-year period	23.26%	12.02%	+11.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.78%	15.46%	+10.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.55%	19.74%	+4.81%

Dividends

FIE.DE vs. CEW.TO - Dividend Comparison

FIE.DE's dividend yield for the trailing twelve months is around 2.75%, more than CEW.TO's 2.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CEW.TO iShares Equal Weight Banc & Lifeco ETF	2.42%	2.75%	3.32%	3.87%	3.84%	2.93%	3.61%	3.20%	2.95%	2.47%	2.54%	2.74%
FIE.DE Fielmann Aktiengesellschaft	2.75%	2.64%	2.42%	1.54%	4.05%	2.03%	2.93%	2.64%	3.43%	2.45%	2.79%	2.35%

Frequently Asked Questions

Can I hold both FIE.DE and CEW.TO in my portfolio?

FIE.DE and CEW.TO have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.