UIQN.DE vs. CEMS.DE
UIQN.DE (UBS ETF (LU) MSCI EMU Select Factor Mix UCITS ETF (EUR) A-acc) and CEMS.DE (iShares Edge MSCI Europe Value Factor UCITS ETF) are both Europe Equities funds - UIQN.DE tracks the MSCI EMU Select Factor Mix while CEMS.DE tracks the MSCI Europe Enhanced Value. Both are passively managed. Over the past 5 years, UIQN.DE returned 9.53%/yr vs 14.47%/yr for CEMS.DE. Their correlation of 0.90 suggests significant overlap in exposure. UIQN.DE charges 0.34%/yr vs 0.25%/yr for CEMS.DE.
Performance
UIQN.DE vs. CEMS.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UIQN.DE achieves a 7.72% return, which is significantly lower than CEMS.DE's 13.72% return.
UIQN.DE
- 1D
- 0.22%
- 1M
- 0.35%
- YTD
- 7.72%
- 6M
- 10.25%
- 1Y
- 13.50%
- 3Y*
- 15.10%
- 5Y*
- 9.53%
- 10Y*
- —
CEMS.DE
- 1D
- 0.10%
- 1M
- 2.64%
- YTD
- 13.72%
- 6M
- 16.98%
- 1Y
- 32.08%
- 3Y*
- 21.63%
- 5Y*
- 14.47%
- 10Y*
- 10.71%
UIQN.DE vs. CEMS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
UIQN.DE UBS ETF (LU) MSCI EMU Select Factor Mix UCITS ETF (EUR) A-acc | 7.72% | 23.72% | 7.69% | 17.74% | -13.01% | 21.24% | 0.20% | 27.52% | -13.41% |
CEMS.DE iShares Edge MSCI Europe Value Factor UCITS ETF | 13.72% | 35.97% | 9.93% | 13.90% | -4.54% | 26.62% | -8.86% | 23.48% | -13.09% |
Correlation
The correlation between UIQN.DE and CEMS.DE is 0.91, 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 | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2018 | 0.90 |
The correlation between UIQN.DE and CEMS.DE has been stable across timeframes, ranging from 0.90 to 0.91 - a consistent structural relationship.
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
UIQN.DE vs. CEMS.DE — Risk / Return Rank
UIQN.DE
CEMS.DE
UIQN.DE vs. CEMS.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) MSCI EMU Select Factor Mix UCITS ETF (EUR) A-acc (UIQN.DE) and iShares Edge MSCI Europe Value Factor UCITS ETF (CEMS.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.
| UIQN.DE | CEMS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.28 | ||
| Sortino ratioReturn per unit of downside risk | -1.64 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.43 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.46 | 3.29 | -1.83 |
| Martin ratioReturn relative to average drawdown | 5.35 | 12.37 | -7.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| UIQN.DE | CEMS.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.09 | 2.37 | -1.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | 0.94 | -0.29 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.61 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.49 | +0.06 |
Drawdowns
UIQN.DE vs. CEMS.DE - Drawdown Comparison
The maximum UIQN.DE drawdown since its inception was -37.48%, smaller than the maximum CEMS.DE drawdown of -40.20%. Use the drawdown chart below to compare losses from any high point for UIQN.DE and CEMS.DE.
Loading charts...
Drawdown Indicators
| UIQN.DE | CEMS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.48% | -40.20% | +2.72% |
Max Drawdown (1Y)Largest decline over 1 year | -9.45% | -9.99% | +0.54% |
Max Drawdown (3Y)Largest decline over 3 years | -13.66% | -17.57% | +3.91% |
Max Drawdown (5Y)Largest decline over 5 years | -24.11% | -19.55% | -4.56% |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.20% | — |
Current DrawdownCurrent decline from peak | -1.31% | -1.26% | -0.05% |
Average DrawdownAverage peak-to-trough decline | -5.59% | -7.49% | +1.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.58% | 2.66% | -0.08% |
Volatility
UIQN.DE vs. CEMS.DE - Volatility Comparison
The current volatility for UBS ETF (LU) MSCI EMU Select Factor Mix UCITS ETF (EUR) A-acc (UIQN.DE) is 3.88%, while iShares Edge MSCI Europe Value Factor UCITS ETF (CEMS.DE) has a volatility of 4.65%. This indicates that UIQN.DE experiences smaller price fluctuations and is considered to be less risky than CEMS.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UIQN.DE | CEMS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.88% | 4.65% | -0.77% |
Volatility (6M)Calculated over the trailing 6-month period | 10.50% | 11.17% | -0.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.65% | 13.87% | -1.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.49% | 15.23% | -0.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.26% | 17.43% | -1.17% |
UIQN.DE vs. CEMS.DE - Expense Ratio Comparison
UIQN.DE has a 0.34% expense ratio, which is higher than CEMS.DE's 0.25% expense ratio.
Dividends
UIQN.DE vs. CEMS.DE - Dividend Comparison
Neither UIQN.DE nor CEMS.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.91, UIQN.DE and CEMS.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, CEMS.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CEMS.DE is cheaper with a 0.25% expense ratio, compared with 0.34% for UIQN.DE.
UIQN.DE tracks MSCI EMU Select Factor Mix, while CEMS.DE tracks MSCI Europe Enhanced Value. They also come from different issuers: UBS and iShares. Their fees differ too: 0.34% for UIQN.DE and 0.25% for CEMS.DE.
Find the right allocation for UIQN.DE and CEMS.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