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SDUE.L vs. CMB1.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SDUE.L vs. CMB1.L

Last updated Jun 6, 2026

SDUE.L (iShares MSCI Europe ESG Screened UCITS ETF EUR (Dist)) and CMB1.L (iShares FTSE MIB UCITS ETF (Acc)) are both Europe Equities funds from iShares - SDUE.L tracks the MSCI Europe NR EUR while CMB1.L tracks the FTSE Italia AllShare TR EUR. Both are passively managed. Over the past 5 years, SDUE.L returned 9.60%/yr vs 19.77%/yr for CMB1.L. Their correlation of 0.84 suggests significant overlap in exposure. SDUE.L charges 0.12%/yr vs 0.33%/yr for CMB1.L.

Performance

SDUE.L vs. CMB1.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares MSCI Europe ESG Screened UCITS ETF EUR (Dist) (SDUE.L) and iShares FTSE MIB UCITS ETF (Acc) (CMB1.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

SDUE.L is traded in GBP, while CMB1.L is traded in GBp. To make them comparable, the CMB1.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, SDUE.L achieves a 5.86% return, which is significantly lower than CMB1.L's 12.96% return.

SDUE.L

1D
-0.65%
1M
0.80%
YTD
5.86%
6M
8.08%
1Y
17.83%
3Y*
13.58%
5Y*
9.60%
10Y*
—

CMB1.L

1D
-0.62%
1M
1.82%
YTD
12.96%
6M
16.50%
1Y
32.53%
3Y*
28.55%
5Y*
19.77%
10Y*
15.90%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SDUE.L vs. CMB1.L - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
SDUE.L
iShares MSCI Europe ESG Screened UCITS ETF EUR (Dist)		5.86%24.47%4.22%15.08%-5.90%16.76%4.04%19.78%-15.29%
CMB1.L
iShares FTSE MIB UCITS ETF (Acc)		12.96%43.83%13.25%30.68%-3.56%18.29%1.52%24.83%-1.55%

Correlation

The correlation between SDUE.L and CMB1.L is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.81

Correlation (3Y)
Calculated over the trailing 3-year period

0.82

Correlation (5Y)
Calculated over the trailing 5-year period

0.83

Correlation (All Time)
Calculated using the full available price history since Oct 22, 2018

0.84

The correlation between SDUE.L and CMB1.L has been stable across timeframes, ranging from 0.81 to 0.84 - a consistent structural relationship.

SDUE.L vs. CMB1.L - Sectors Allocation Comparison

Sectors
SDUE.L
CMB1.L

Financial Services

27.0%
45.1%

Industrials

19.3%
10.8%

Healthcare

14.8%
1.1%

Technology

9.9%
4.6%

Consumer Cyclical

5.9%
10.0%

Utilities

5.5%
17.2%

Basic Materials

5.1%
0.6%

Consumer Defensive

4.8%
0.5%

Communication Services

4.0%
1.1%

Energy

2.7%
8.8%

Real Estate

0.9%
0.3%

Financial Services

SDUE.L
27.0%
CMB1.L
45.1%

Industrials

SDUE.L
19.3%
CMB1.L
10.8%

Healthcare

SDUE.L
14.8%
CMB1.L
1.1%

Technology

SDUE.L
9.9%
CMB1.L
4.6%

Consumer Cyclical

SDUE.L
5.9%
CMB1.L
10.0%

Utilities

SDUE.L
5.5%
CMB1.L
17.2%

Basic Materials

SDUE.L
5.1%
CMB1.L
0.6%

Consumer Defensive

SDUE.L
4.8%
CMB1.L
0.5%

Communication Services

SDUE.L
4.0%
CMB1.L
1.1%

Energy

SDUE.L
2.7%
CMB1.L
8.8%

Real Estate

SDUE.L
0.9%
CMB1.L
0.3%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares MSCI Europe ESG Screened UCITS ETF EUR (Dist)

iShares FTSE MIB UCITS ETF (Acc)

Often compared with SDUE.L:
SDUE.L vs. ESIN.LSDUE.L vs. SAEU.LSDUE.L vs. FEUI.LSDUE.L vs. EEI.LSDUE.L vs. EEUD.LSDUE.L vs. VEUA.LSDUE.L vs. VOO
Often compared with CMB1.L:
CMB1.L vs. XDEM.LCMB1.L vs. IITU.LCMB1.L vs. H50E.LCMB1.L vs. SPYCMB1.L vs. X7PP.LCMB1.L vs. IQSA.LCMB1.L vs. EQQQ.L

Return for Risk

SDUE.L vs. CMB1.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SDUE.L
SDUE.L Risk / Return Rank: 4242
Overall Rank
SDUE.L Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
SDUE.L Sortino Ratio Rank: 4545
Sortino Ratio Rank
SDUE.L Omega Ratio Rank: 4545
Omega Ratio Rank
SDUE.L Calmar Ratio Rank: 3636
Calmar Ratio Rank
SDUE.L Martin Ratio Rank: 3939
Martin Ratio Rank
CMB1.L
CMB1.L Risk / Return Rank: 7070
Overall Rank
CMB1.L Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
CMB1.L Sortino Ratio Rank: 7272
Sortino Ratio Rank
CMB1.L Omega Ratio Rank: 7070
Omega Ratio Rank
CMB1.L Calmar Ratio Rank: 6969
Calmar Ratio Rank
CMB1.L Martin Ratio Rank: 6868
Martin Ratio Rank
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.

SDUE.L vs. CMB1.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe ESG Screened UCITS ETF EUR (Dist) (SDUE.L) 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.

SDUE.LCMB1.LDifference
Sharpe ratioReturn per unit of total volatility
1.40
2.15

-0.75

Sortino ratioReturn per unit of downside risk
2.03
2.94

-0.91

Omega ratioGain probability vs. loss probability

1.26

1.38

-0.11

Calmar ratioReturn relative to maximum drawdown

1.61

3.14

-1.53

Martin ratioReturn relative to average drawdown

5.75

11.43

-5.69

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SDUE.L vs. CMB1.L - Sharpe Ratio Comparison

The current SDUE.L Sharpe Ratio is 1.40, which is lower than the CMB1.L Sharpe Ratio of 2.15. The chart below compares the historical Sharpe Ratios of SDUE.L and CMB1.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

SDUE.LCMB1.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.40

2.15

-0.75

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.68

1.10

-0.42

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.78

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.50

0.23

+0.28

Drawdowns

SDUE.L vs. CMB1.L - Drawdown Comparison

The maximum SDUE.L drawdown since its inception was -27.89%, smaller than the maximum CMB1.L drawdown of -56.05%. Use the drawdown chart below to compare losses from any high point for SDUE.L and CMB1.L.

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Drawdown Indicators

SDUE.LCMB1.LDifference

Max Drawdown

Largest peak-to-trough decline

-27.89%

-56.05%

+28.16%

Max Drawdown (1Y)

Largest decline over 1 year

-11.01%

-10.32%

-0.69%

Max Drawdown (3Y)

Largest decline over 3 years

-12.82%

-15.62%

+2.80%

Max Drawdown (5Y)

Largest decline over 5 years

-17.71%

-24.19%

+6.48%

Max Drawdown (10Y)

Largest decline over 10 years

—

-36.61%

—

Current Drawdown

Current decline from peak

-1.68%

-1.25%

-0.43%

Average Drawdown

Average peak-to-trough decline

-4.63%

-15.26%

+10.63%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.10%

2.83%

+0.27%

Volatility

SDUE.L vs. CMB1.L - Volatility Comparison

iShares MSCI Europe ESG Screened UCITS ETF EUR (Dist) (SDUE.L) and iShares FTSE MIB UCITS ETF (Acc) (CMB1.L) have volatilities of 3.59% and 3.77%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SDUE.LCMB1.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.59%

3.77%

-0.18%

Volatility (6M)

Calculated over the trailing 6-month period

10.75%

12.16%

-1.41%

Volatility (1Y)

Calculated over the trailing 1-year period

12.69%

15.07%

-2.38%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.09%

17.99%

-3.90%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.40%

20.29%

-3.89%

SDUE.L vs. CMB1.L - Expense Ratio Comparison

SDUE.L has a 0.12% expense ratio, which is lower than CMB1.L's 0.33% expense ratio.

Dividends

SDUE.L vs. CMB1.L - Dividend Comparison

SDUE.L's dividend yield for the trailing twelve months is around 2.42%, while CMB1.L has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018
CMB1.L
iShares FTSE MIB UCITS ETF (Acc)		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SDUE.L
iShares MSCI Europe ESG Screened UCITS ETF EUR (Dist)		2.42%2.56%2.91%2.71%2.79%2.17%1.84%3.01%0.17%

Frequently Asked Questions

SDUE.L and CMB1.L have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, SDUE.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

SDUE.L is cheaper with a 0.12% expense ratio, compared with 0.33% for CMB1.L.

SDUE.L tracks MSCI Europe NR EUR, while CMB1.L tracks FTSE Italia AllShare TR EUR. Their fees differ too: 0.12% for SDUE.L and 0.33% for CMB1.L.

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