MSFT.NEO vs. CMB1.L
MSFT.NEO (Microsoft Corp CDR) is a stock, while CMB1.L (iShares FTSE MIB UCITS ETF (Acc)) is Europe Equities fund tracking the FTSE Italia AllShare TR EUR. Over the past 3 years, MSFT.NEO returned 4.13%/yr vs 33.65%/yr for CMB1.L. At a 0.26 correlation, their price movements are largely independent.
Performance
MSFT.NEO vs. CMB1.L - Performance Comparison
Loading charts...
Different Trading Currencies
MSFT.NEO is traded in CAD, while CMB1.L is traded in GBp. To make them comparable, the CMB1.L values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, MSFT.NEO achieves a -17.91% return, which is significantly lower than CMB1.L's 19.32% return.
MSFT.NEO
- 1D
- 2.25%
- 1M
- -5.02%
- YTD
- -17.91%
- 6M
- -16.55%
- 1Y
- -17.17%
- 3Y*
- 4.13%
- 5Y*
- —
- 10Y*
- —
CMB1.L
- 1D
- 0.97%
- 1M
- 8.71%
- YTD
- 19.32%
- 6M
- 20.43%
- 1Y
- 41.63%
- 3Y*
- 33.65%
- 5Y*
- 22.77%
- 10Y*
- 17.08%
MSFT.NEO vs. CMB1.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
MSFT.NEO Microsoft Corp CDR | -17.91% | 12.61% | 11.26% | 56.34% | -29.26% | 16.84% |
CMB1.L iShares FTSE MIB UCITS ETF (Acc) | 19.32% | 47.62% | 20.80% | 34.30% | -8.41% | 6.79% |
Correlation
The correlation between MSFT.NEO and CMB1.L is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Oct 5, 2021 | 0.26 |
The correlation between MSFT.NEO and CMB1.L shifts across timeframes, from 0.13 (1 year) to 0.26 (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
MSFT.NEO vs. CMB1.L — Risk / Return Rank
MSFT.NEO
CMB1.L
MSFT.NEO vs. CMB1.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Microsoft Corp CDR (MSFT.NEO) and iShares FTSE MIB UCITS ETF (Acc) (CMB1.L). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MSFT.NEO | CMB1.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.08 | ||
| Sortino ratioReturn per unit of downside risk | -4.02 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.40 | -0.51 |
| Calmar ratioReturn relative to maximum drawdown | -0.50 | 3.81 | -4.31 |
| Martin ratioReturn relative to average drawdown | -1.00 | 13.20 | -14.20 |
Loading charts...
Drawdowns
MSFT.NEO vs. CMB1.L - Drawdown Comparison
The maximum MSFT.NEO drawdown since its inception was -37.95%, smaller than the maximum CMB1.L drawdown of -56.63%. Use the drawdown chart below to compare losses from any high point for MSFT.NEO and CMB1.L.
Loading charts...
Drawdown Indicators
| MSFT.NEO | CMB1.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.95% | -56.63% | +18.68% |
Max Drawdown (1Y)Largest decline over 1 year | -34.54% | -10.86% | -23.68% |
Max Drawdown (3Y)Largest decline over 3 years | -34.54% | -17.82% | -16.72% |
Max Drawdown (5Y)Largest decline over 5 years | — | -31.77% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.43% | — |
Current DrawdownCurrent decline from peak | -27.08% | 0.00% | -27.08% |
Average DrawdownAverage peak-to-trough decline | -12.46% | -14.31% | +1.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.18% | 3.14% | +14.04% |
Volatility
MSFT.NEO vs. CMB1.L - Volatility Comparison
Microsoft Corp CDR (MSFT.NEO) has a higher volatility of 10.69% compared to iShares FTSE MIB UCITS ETF (Acc) (CMB1.L) at 5.00%. This indicates that MSFT.NEO's price experiences larger fluctuations and is considered to be riskier than CMB1.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MSFT.NEO | CMB1.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.69% | 5.00% | +5.69% |
Volatility (6M)Calculated over the trailing 6-month period | 22.31% | 14.04% | +8.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.27% | 17.32% | +7.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.17% | 21.64% | +5.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.17% | 23.16% | +4.01% |
Dividends
MSFT.NEO vs. CMB1.L - Dividend Comparison
MSFT.NEO's dividend yield for the trailing twelve months is around 0.89%, while CMB1.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
CMB1.L iShares FTSE MIB UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MSFT.NEO Microsoft Corp CDR | 0.89% | 0.70% | 0.73% | 0.75% | 1.07% | 0.19% |
Frequently Asked Questions
MSFT.NEO and CMB1.L have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for MSFT.NEO and CMB1.L
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