SPOT vs. CEBL.DE
SPOT (Spotify Technology S.A.) is a stock, while CEBL.DE (iShares MSCI EM Asia UCITS ETF (Acc)) is Asia Pacific Equities fund tracking the MSCI Emerging Markets Asia. Over the past 5 years, SPOT returned 14.60%/yr vs 8.73%/yr for CEBL.DE. At a 0.27 correlation, their price movements are largely independent.
Performance
SPOT vs. CEBL.DE - Performance Comparison
Loading charts...
Different Trading Currencies
SPOT is traded in USD, while CEBL.DE is traded in EUR. To make them comparable, the CEBL.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, SPOT achieves a -17.37% return, which is significantly lower than CEBL.DE's 32.10% return.
SPOT
- 1D
- -0.45%
- 1M
- 9.82%
- YTD
- -17.37%
- 6M
- -16.86%
- 1Y
- -32.50%
- 3Y*
- 44.21%
- 5Y*
- 14.60%
- 10Y*
- —
CEBL.DE
- 1D
- 3.16%
- 1M
- 8.12%
- YTD
- 32.10%
- 6M
- 36.22%
- 1Y
- 57.47%
- 3Y*
- 25.16%
- 5Y*
- 8.73%
- 10Y*
- 11.79%
SPOT vs. CEBL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
SPOT Spotify Technology S.A. | -17.37% | 29.80% | 138.08% | 138.01% | -66.27% | -25.62% | 110.40% | 31.76% | -31.59% |
CEBL.DE iShares MSCI EM Asia UCITS ETF (Acc) | 32.10% | 34.49% | 11.82% | 6.40% | -20.19% | -6.02% | 26.44% | 19.59% | -17.16% |
Correlation
The correlation between SPOT and CEBL.DE is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2018 | 0.27 |
Over the past year, the correlation between SPOT and CEBL.DE has dropped to 0.02 - well below their long-term average of 0.27, suggesting their price drivers have been diverging.
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
SPOT vs. CEBL.DE — Risk / Return Rank
SPOT
CEBL.DE
SPOT vs. CEBL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Spotify Technology S.A. (SPOT) and iShares MSCI EM Asia UCITS ETF (Acc) (CEBL.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.
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.
| SPOT | CEBL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.36 | ||
| Sortino ratioReturn per unit of downside risk | -4.38 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.46 | -0.57 |
| Calmar ratioReturn relative to maximum drawdown | -0.70 | 4.19 | -4.89 |
| Martin ratioReturn relative to average drawdown | -1.19 | 14.98 | -16.17 |
Loading charts...
Drawdowns
SPOT vs. CEBL.DE - Drawdown Comparison
The maximum SPOT drawdown since its inception was -80.51%, which is greater than CEBL.DE's maximum drawdown of -45.55%. Use the drawdown chart below to compare losses from any high point for SPOT and CEBL.DE.
Loading charts...
Drawdown Indicators
| SPOT | CEBL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.51% | -45.55% | -34.96% |
Max Drawdown (1Y)Largest decline over 1 year | -46.80% | -13.64% | -33.16% |
Max Drawdown (3Y)Largest decline over 3 years | -46.80% | -20.13% | -26.67% |
Max Drawdown (5Y)Largest decline over 5 years | -76.39% | -41.20% | -35.19% |
Max Drawdown (10Y)Largest decline over 10 years | — | -45.55% | — |
Current DrawdownCurrent decline from peak | -38.16% | -1.72% | -36.44% |
Average DrawdownAverage peak-to-trough decline | -30.87% | -14.71% | -16.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.26% | 3.82% | +23.44% |
Volatility
SPOT vs. CEBL.DE - Volatility Comparison
Spotify Technology S.A. (SPOT) has a higher volatility of 16.26% compared to iShares MSCI EM Asia UCITS ETF (Acc) (CEBL.DE) at 8.60%. This indicates that SPOT's price experiences larger fluctuations and is considered to be riskier than CEBL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SPOT | CEBL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.26% | 8.60% | +7.66% |
Volatility (6M)Calculated over the trailing 6-month period | 37.24% | 18.82% | +18.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.34% | 21.69% | +23.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.55% | 20.52% | +27.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.35% | 20.16% | +27.19% |
Dividends
SPOT vs. CEBL.DE - Dividend Comparison
Neither SPOT nor CEBL.DE has paid dividends to shareholders.
Frequently Asked Questions
SPOT and CEBL.DE have a correlation of 0.02, 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 SPOT and CEBL.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