IS0X.DE vs. CEMQ.DE
IS0X.DE (iShares Global Corporate Bond UCITS ETF) and CEMQ.DE (iShares Edge MSCI Europe Quality Factor UCITS ETF) are both exchange-traded funds - IS0X.DE is a Global Corporate Bonds fund tracking the Bloomberg Global Aggregate Corporate, while CEMQ.DE is a Europe Equities fund tracking the MSCI Europe Sector Neutral Quality. Both are passively managed. Over the past 10 years, IS0X.DE returned 1.91%/yr vs 7.82%/yr for CEMQ.DE. At a 0.20 correlation, their price movements are largely independent. IS0X.DE charges 0.20%/yr vs 0.25%/yr for CEMQ.DE.
Performance
IS0X.DE vs. CEMQ.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IS0X.DE achieves a 1.22% return, which is significantly lower than CEMQ.DE's 4.17% return. Over the past 10 years, IS0X.DE has underperformed CEMQ.DE with an annualized return of 1.91%, while CEMQ.DE has yielded a comparatively higher 7.82% annualized return.
IS0X.DE
- 1D
- 0.05%
- 1M
- 0.85%
- YTD
- 1.22%
- 6M
- 0.79%
- 1Y
- 3.24%
- 3Y*
- 3.01%
- 5Y*
- 0.99%
- 10Y*
- 1.91%
CEMQ.DE
- 1D
- 0.82%
- 1M
- -0.63%
- YTD
- 4.17%
- 6M
- 5.95%
- 1Y
- 6.60%
- 3Y*
- 7.83%
- 5Y*
- 5.86%
- 10Y*
- 7.82%
IS0X.DE vs. CEMQ.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IS0X.DE iShares Global Corporate Bond UCITS ETF | 1.22% | -2.16% | 7.10% | 5.53% | -11.18% | 4.80% | 0.18% | 14.28% | 0.50% | -4.36% |
CEMQ.DE iShares Edge MSCI Europe Quality Factor UCITS ETF | 4.17% | 10.17% | 3.72% | 14.50% | -11.87% | 26.64% | 1.09% | 32.48% | -7.31% | 10.34% |
Correlation
The correlation between IS0X.DE and CEMQ.DE is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 2015 | 0.20 |
The correlation between IS0X.DE and CEMQ.DE shifts across timeframes, from 0.12 (5 years) to 0.29 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IS0X.DE vs. CEMQ.DE — Risk / Return Rank
IS0X.DE
CEMQ.DE
IS0X.DE vs. CEMQ.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Corporate Bond UCITS ETF (IS0X.DE) and iShares Edge MSCI Europe Quality Factor UCITS ETF (CEMQ.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.
| IS0X.DE | CEMQ.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.10 | ||
| Sortino ratioReturn per unit of downside risk | +0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.11 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.41 | 0.80 | +0.60 |
| Martin ratioReturn relative to average drawdown | 3.02 | 2.14 | +0.88 |
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
| IS0X.DE | CEMQ.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.67 | 0.57 | +0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.15 | 0.41 | -0.26 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.29 | 0.52 | -0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.48 | -0.09 |
Drawdowns
IS0X.DE vs. CEMQ.DE - Drawdown Comparison
The maximum IS0X.DE drawdown since its inception was -13.65%, smaller than the maximum CEMQ.DE drawdown of -33.74%. Use the drawdown chart below to compare losses from any high point for IS0X.DE and CEMQ.DE.
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Drawdown Indicators
| IS0X.DE | CEMQ.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.65% | -33.74% | +20.09% |
Max Drawdown (1Y)Largest decline over 1 year | -2.08% | -8.40% | +6.32% |
Max Drawdown (3Y)Largest decline over 3 years | -8.54% | -14.90% | +6.36% |
Max Drawdown (5Y)Largest decline over 5 years | -13.05% | -19.69% | +6.64% |
Max Drawdown (10Y)Largest decline over 10 years | -13.65% | -33.74% | +20.09% |
Current DrawdownCurrent decline from peak | -3.15% | -2.60% | -0.55% |
Average DrawdownAverage peak-to-trough decline | -4.61% | -5.35% | +0.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.97% | 3.17% | -2.20% |
Volatility
IS0X.DE vs. CEMQ.DE - Volatility Comparison
The current volatility for iShares Global Corporate Bond UCITS ETF (IS0X.DE) is 1.13%, while iShares Edge MSCI Europe Quality Factor UCITS ETF (CEMQ.DE) has a volatility of 3.97%. This indicates that IS0X.DE experiences smaller price fluctuations and is considered to be less risky than CEMQ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IS0X.DE | CEMQ.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.13% | 3.97% | -2.84% |
Volatility (6M)Calculated over the trailing 6-month period | 3.02% | 9.53% | -6.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.38% | 11.93% | -7.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.46% | 14.02% | -7.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.56% | 15.02% | -8.46% |
IS0X.DE vs. CEMQ.DE - Expense Ratio Comparison
IS0X.DE has a 0.20% expense ratio, which is lower than CEMQ.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
IS0X.DE vs. CEMQ.DE - Dividend Comparison
IS0X.DE's dividend yield for the trailing twelve months is around 4.25%, while CEMQ.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CEMQ.DE iShares Edge MSCI Europe Quality 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% |
IS0X.DE iShares Global Corporate Bond UCITS ETF | 4.25% | 4.22% | 3.80% | 3.35% | 2.65% | 2.03% | 2.45% | 2.68% | 2.59% | 2.64% | 2.57% | 2.61% |
Frequently Asked Questions
IS0X.DE and CEMQ.DE have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IS0X.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IS0X.DE is cheaper with a 0.20% expense ratio, compared with 0.25% for CEMQ.DE.
IS0X.DE is categorized as Global Corporate Bonds, while CEMQ.DE is Europe Equities. IS0X.DE tracks Bloomberg Global Aggregate Corporate, while CEMQ.DE tracks MSCI Europe Sector Neutral Quality. Their fees differ too: 0.20% for IS0X.DE and 0.25% for CEMQ.DE.
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