MVEE.DE vs. CEMT.DE
MVEE.DE (iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc)) and CEMT.DE (iShares Edge MSCI Europe Size Factor UCITS ETF) are both Europe Equities funds from iShares - MVEE.DE tracks the MSCI Europe NR EUR while CEMT.DE tracks the MSCI Europe Mid Cap Equal Weighted. Both are passively managed. Over the past 5 years, MVEE.DE returned 6.16%/yr vs 4.08%/yr for CEMT.DE. Their correlation of 0.83 suggests significant overlap in exposure. Both charge a 0.25% expense ratio.
Performance
MVEE.DE vs. CEMT.DE - Performance Comparison
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Returns By Period
MVEE.DE
- 1D
- 0.56%
- 1M
- 0.01%
- YTD
- 5.59%
- 6M
- 7.14%
- 1Y
- 5.59%
- 3Y*
- 8.72%
- 5Y*
- 6.16%
- 10Y*
- —
CEMT.DE
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 3.97%
- 3Y*
- 9.41%
- 5Y*
- 4.08%
- 10Y*
- 6.44%
MVEE.DE vs. CEMT.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MVEE.DE iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc) | 5.59% | 8.72% | 8.82% | 12.50% | -15.12% | 23.93% | 14.18% |
CEMT.DE iShares Edge MSCI Europe Size Factor UCITS ETF | 0.00% | 17.53% | 5.08% | 14.19% | -18.24% | 19.63% | 34.34% |
Correlation
The correlation between MVEE.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 | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Apr 23, 2020 | 0.83 |
Over the past year, the correlation between MVEE.DE and CEMT.DE has dropped to 0.42 - well below their long-term average of 0.83, suggesting their price drivers have been diverging.
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Return for Risk
MVEE.DE vs. CEMT.DE — Risk / Return Rank
MVEE.DE
CEMT.DE
MVEE.DE vs. CEMT.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc) (MVEE.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.
| MVEE.DE | CEMT.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.22 | ||
| Sortino ratioReturn per unit of downside risk | -0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.21 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.71 | 1.10 | -0.39 |
| Martin ratioReturn relative to average drawdown | 1.87 | 4.03 | -2.16 |
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
| MVEE.DE | CEMT.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.55 | 0.77 | -0.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.28 | +0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.40 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.71 | 0.37 | +0.34 |
Drawdowns
MVEE.DE vs. CEMT.DE - Drawdown Comparison
The maximum MVEE.DE drawdown since its inception was -20.20%, smaller than the maximum CEMT.DE drawdown of -37.66%. Use the drawdown chart below to compare losses from any high point for MVEE.DE and CEMT.DE.
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Drawdown Indicators
| MVEE.DE | CEMT.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.20% | -37.66% | +17.46% |
Max Drawdown (1Y)Largest decline over 1 year | -7.73% | -4.26% | -3.47% |
Max Drawdown (3Y)Largest decline over 3 years | -12.13% | -14.36% | +2.23% |
Max Drawdown (5Y)Largest decline over 5 years | -20.20% | -29.23% | +9.03% |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.66% | — |
Current DrawdownCurrent decline from peak | -2.23% | -0.39% | -1.84% |
Average DrawdownAverage peak-to-trough decline | -4.57% | -7.08% | +2.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.92% | 1.16% | +1.76% |
Volatility
MVEE.DE vs. CEMT.DE - Volatility Comparison
iShares Edge MSCI Europe Minimum Volatility ESG UCITS ETF (Acc) (MVEE.DE) has a higher volatility of 3.51% compared to iShares Edge MSCI Europe Size Factor UCITS ETF (CEMT.DE) at 0.00%. This indicates that MVEE.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.
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Volatility by Period
| MVEE.DE | CEMT.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.51% | 0.00% | +3.51% |
Volatility (6M)Calculated over the trailing 6-month period | 8.16% | 0.00% | +8.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.01% | 6.11% | +3.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.11% | 14.61% | -2.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.45% | 16.11% | -3.66% |
MVEE.DE vs. CEMT.DE - Expense Ratio Comparison
Both MVEE.DE and CEMT.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
MVEE.DE vs. CEMT.DE - Dividend Comparison
Neither MVEE.DE nor CEMT.DE has paid dividends to shareholders.
Frequently Asked Questions
MVEE.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.
Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
MVEE.DE and CEMT.DE have the same expense ratio: 0.25% per year.
MVEE.DE tracks MSCI Europe NR EUR, while CEMT.DE tracks MSCI Europe Mid Cap Equal Weighted.
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