XCEU.DE vs. CEMS.DE
XCEU.DE (Xtrackers MSCI EMU Climate Transition UCITS ETF 1C) and CEMS.DE (iShares Edge MSCI Europe Value Factor UCITS ETF) are both Europe Equities funds - XCEU.DE tracks the MSCI EMU NR EUR while CEMS.DE tracks the MSCI Europe Enhanced Value. Both are passively managed. Over the past 3 years, XCEU.DE returned 14.38%/yr vs 21.63%/yr for CEMS.DE. Their correlation of 0.87 suggests significant overlap in exposure. XCEU.DE charges 0.12%/yr vs 0.25%/yr for CEMS.DE.
Performance
XCEU.DE vs. CEMS.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XCEU.DE achieves a 8.87% return, which is significantly lower than CEMS.DE's 13.72% return.
XCEU.DE
- 1D
- 0.24%
- 1M
- 5.40%
- YTD
- 8.87%
- 6M
- 10.73%
- 1Y
- 16.36%
- 3Y*
- 14.38%
- 5Y*
- —
- 10Y*
- —
CEMS.DE
- 1D
- 0.10%
- 1M
- 4.58%
- YTD
- 13.72%
- 6M
- 16.86%
- 1Y
- 33.02%
- 3Y*
- 21.63%
- 5Y*
- 14.47%
- 10Y*
- 10.71%
XCEU.DE vs. CEMS.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XCEU.DE Xtrackers MSCI EMU Climate Transition UCITS ETF 1C | 8.87% | 19.79% | 9.57% | 5.60% |
CEMS.DE iShares Edge MSCI Europe Value Factor UCITS ETF | 13.72% | 35.97% | 9.93% | 3.22% |
Correlation
The correlation between XCEU.DE and CEMS.DE is 0.89, 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 | 0.89 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
Correlation (All Time) Calculated using the full available price history since Mar 10, 2023 | 0.87 |
The correlation between XCEU.DE and CEMS.DE has been stable across timeframes, ranging from 0.87 to 0.89 - a consistent structural relationship.
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Return for Risk
XCEU.DE vs. CEMS.DE — Risk / Return Rank
XCEU.DE
CEMS.DE
XCEU.DE vs. CEMS.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI EMU Climate Transition UCITS ETF 1C (XCEU.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.
| XCEU.DE | CEMS.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.28 | ||
| Sortino ratioReturn per unit of downside risk | -1.61 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.43 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.51 | 3.29 | -1.78 |
| Martin ratioReturn relative to average drawdown | 5.43 | 12.37 | -6.93 |
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
| XCEU.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 | — | 0.94 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.61 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.93 | 0.49 | +0.45 |
Drawdowns
XCEU.DE vs. CEMS.DE - Drawdown Comparison
The maximum XCEU.DE drawdown since its inception was -14.98%, smaller than the maximum CEMS.DE drawdown of -40.20%. Use the drawdown chart below to compare losses from any high point for XCEU.DE and CEMS.DE.
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Drawdown Indicators
| XCEU.DE | CEMS.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.98% | -40.20% | +25.22% |
Max Drawdown (1Y)Largest decline over 1 year | -10.79% | -9.99% | -0.80% |
Max Drawdown (3Y)Largest decline over 3 years | -14.98% | -17.57% | +2.59% |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.55% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.20% | — |
Current DrawdownCurrent decline from peak | -0.72% | -1.26% | +0.54% |
Average DrawdownAverage peak-to-trough decline | -2.47% | -7.49% | +5.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.01% | 2.66% | +0.35% |
Volatility
XCEU.DE vs. CEMS.DE - Volatility Comparison
Xtrackers MSCI EMU Climate Transition UCITS ETF 1C (XCEU.DE) and iShares Edge MSCI Europe Value Factor UCITS ETF (CEMS.DE) have volatilities of 4.62% and 4.65%, 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
| XCEU.DE | CEMS.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.62% | 4.65% | -0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 12.25% | 11.17% | +1.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.90% | 13.87% | +1.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.44% | 15.23% | -0.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.44% | 17.43% | -2.99% |
XCEU.DE vs. CEMS.DE - Expense Ratio Comparison
XCEU.DE has a 0.12% expense ratio, which is lower than CEMS.DE's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XCEU.DE vs. CEMS.DE - Dividend Comparison
Neither XCEU.DE nor CEMS.DE has paid dividends to shareholders.
Frequently Asked Questions
XCEU.DE and CEMS.DE have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XCEU.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XCEU.DE is cheaper with a 0.12% expense ratio, compared with 0.25% for CEMS.DE.
XCEU.DE tracks MSCI EMU NR EUR, while CEMS.DE tracks MSCI Europe Enhanced Value. They also come from different issuers: DWS and iShares. Their fees differ too: 0.12% for XCEU.DE and 0.25% for CEMS.DE.
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