FLXD.DE vs. CEMS.DE
FLXD.DE (Franklin European Quality Dividend UCITS ETF) and CEMS.DE (iShares Edge MSCI Europe Value Factor UCITS ETF) are both Europe Equities funds - FLXD.DE tracks the MSCI Europe High Div Yld NR EUR while CEMS.DE tracks the MSCI Europe Enhanced Value. Both are passively managed. Over the past 5 years, FLXD.DE returned 12.10%/yr vs 14.47%/yr for CEMS.DE. A 0.78 correlation means they provide meaningful diversification when combined. Both charge a 0.25% expense ratio.
Performance
FLXD.DE vs. CEMS.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FLXD.DE achieves a 10.13% return, which is significantly lower than CEMS.DE's 13.72% return.
FLXD.DE
- 1D
- 0.23%
- 1M
- -0.76%
- YTD
- 10.13%
- 6M
- 13.48%
- 1Y
- 16.10%
- 3Y*
- 17.99%
- 5Y*
- 12.10%
- 10Y*
- —
CEMS.DE
- 1D
- 0.10%
- 1M
- 2.64%
- YTD
- 13.72%
- 6M
- 16.98%
- 1Y
- 32.08%
- 3Y*
- 21.63%
- 5Y*
- 14.47%
- 10Y*
- 10.71%
FLXD.DE vs. CEMS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLXD.DE Franklin European Quality Dividend UCITS ETF | 10.13% | 24.53% | 12.30% | 10.31% | -0.48% | 16.07% | -3.54% | 23.52% | -7.81% | 0.44% |
CEMS.DE iShares Edge MSCI Europe Value Factor UCITS ETF | 13.72% | 35.97% | 9.93% | 13.90% | -4.54% | 26.62% | -8.86% | 23.48% | -14.04% | 5.96% |
Correlation
The correlation between FLXD.DE and CEMS.DE is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 2017 | 0.78 |
The correlation between FLXD.DE and CEMS.DE shifts across timeframes, from 0.64 (1 year) to 0.78 (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
FLXD.DE vs. CEMS.DE — Risk / Return Rank
FLXD.DE
CEMS.DE
FLXD.DE vs. CEMS.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin European Quality Dividend UCITS ETF (FLXD.DE) and iShares Edge MSCI Europe Value Factor UCITS ETF (CEMS.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.
| FLXD.DE | CEMS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.48 | ||
| Sortino ratioReturn per unit of downside risk | -0.56 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.43 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 4.09 | 3.29 | +0.80 |
| Martin ratioReturn relative to average drawdown | 11.21 | 12.37 | -1.15 |
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
| FLXD.DE | CEMS.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.89 | 2.37 | -0.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.03 | 0.94 | +0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.61 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.65 | 0.49 | +0.16 |
Drawdowns
FLXD.DE vs. CEMS.DE - Drawdown Comparison
The maximum FLXD.DE drawdown since its inception was -35.10%, smaller than the maximum CEMS.DE drawdown of -40.20%. Use the drawdown chart below to compare losses from any high point for FLXD.DE and CEMS.DE.
Loading charts...
Drawdown Indicators
| FLXD.DE | CEMS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.10% | -40.20% | +5.10% |
Max Drawdown (1Y)Largest decline over 1 year | -4.02% | -9.99% | +5.97% |
Max Drawdown (3Y)Largest decline over 3 years | -10.07% | -17.57% | +7.50% |
Max Drawdown (5Y)Largest decline over 5 years | -14.19% | -19.55% | +5.36% |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.20% | — |
Current DrawdownCurrent decline from peak | -3.80% | -1.26% | -2.54% |
Average DrawdownAverage peak-to-trough decline | -3.88% | -7.49% | +3.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.47% | 2.66% | -1.19% |
Volatility
FLXD.DE vs. CEMS.DE - Volatility Comparison
The current volatility for Franklin European Quality Dividend UCITS ETF (FLXD.DE) is 3.50%, while iShares Edge MSCI Europe Value Factor UCITS ETF (CEMS.DE) has a volatility of 4.65%. This indicates that FLXD.DE experiences smaller price fluctuations and is considered to be less risky than CEMS.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FLXD.DE | CEMS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.50% | 4.65% | -1.15% |
Volatility (6M)Calculated over the trailing 6-month period | 7.02% | 11.17% | -4.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.70% | 13.87% | -5.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.66% | 15.23% | -3.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.11% | 17.43% | -3.32% |
FLXD.DE vs. CEMS.DE - Expense Ratio Comparison
Both FLXD.DE and CEMS.DE have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
FLXD.DE vs. CEMS.DE - Dividend Comparison
FLXD.DE's dividend yield for the trailing twelve months is around 3.78%, while CEMS.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
CEMS.DE iShares Edge MSCI Europe Value Factor UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FLXD.DE Franklin European Quality Dividend UCITS ETF | 3.78% | 4.28% | 4.31% | 4.99% | 5.20% | 4.61% | 3.48% | 4.38% | 5.45% | 0.72% |
Frequently Asked Questions
FLXD.DE and CEMS.DE have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
FLXD.DE and CEMS.DE have the same expense ratio: 0.25% per year.
FLXD.DE tracks MSCI Europe High Div Yld NR EUR, while CEMS.DE tracks MSCI Europe Enhanced Value. They also come from different issuers: Franklin Templeton and iShares.
Find the right allocation for FLXD.DE and CEMS.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