XCEU.DE vs. CEMT.DE
XCEU.DE (Xtrackers MSCI EMU Climate Transition UCITS ETF 1C) and CEMT.DE (iShares Edge MSCI Europe Size Factor UCITS ETF) are both Europe Equities funds - XCEU.DE tracks the MSCI EMU NR EUR while CEMT.DE tracks the MSCI Europe Mid Cap Equal Weighted. Both are passively managed. Over the past 3 years, XCEU.DE returned 14.38%/yr vs 9.41%/yr for CEMT.DE. A 0.79 correlation means they provide meaningful diversification when combined. XCEU.DE charges 0.12%/yr vs 0.25%/yr for CEMT.DE.
Performance
XCEU.DE vs. CEMT.DE - Performance Comparison
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Returns By Period
XCEU.DE
- 1D
- 0.24%
- 1M
- 2.46%
- YTD
- 8.87%
- 6M
- 10.63%
- 1Y
- 16.08%
- 3Y*
- 14.38%
- 5Y*
- —
- 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%
XCEU.DE vs. CEMT.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% |
CEMT.DE iShares Edge MSCI Europe Size Factor UCITS ETF | 0.00% | 17.53% | 5.08% | 5.05% |
Correlation
The correlation between XCEU.DE and CEMT.DE is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Mar 10, 2023 | 0.79 |
Over the past year, the correlation between XCEU.DE and CEMT.DE has dropped to 0.45 - well below their long-term average of 0.79, suggesting their price drivers have been diverging.
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Return for Risk
XCEU.DE vs. CEMT.DE — Risk / Return Rank
XCEU.DE
CEMT.DE
XCEU.DE vs. CEMT.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 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.
| XCEU.DE | CEMT.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.33 | ||
| Sortino ratioReturn per unit of downside risk | +0.59 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.21 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.51 | 1.10 | +0.41 |
| Martin ratioReturn relative to average drawdown | 5.43 | 4.03 | +1.40 |
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 | CEMT.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.09 | 0.77 | +0.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.28 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.40 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.93 | 0.37 | +0.56 |
Drawdowns
XCEU.DE vs. CEMT.DE - Drawdown Comparison
The maximum XCEU.DE drawdown since its inception was -14.98%, smaller than the maximum CEMT.DE drawdown of -37.66%. Use the drawdown chart below to compare losses from any high point for XCEU.DE and CEMT.DE.
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Drawdown Indicators
| XCEU.DE | CEMT.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.98% | -37.66% | +22.68% |
Max Drawdown (1Y)Largest decline over 1 year | -10.79% | -4.26% | -6.53% |
Max Drawdown (3Y)Largest decline over 3 years | -14.98% | -14.36% | -0.62% |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.23% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.66% | — |
Current DrawdownCurrent decline from peak | -0.72% | -0.39% | -0.33% |
Average DrawdownAverage peak-to-trough decline | -2.47% | -7.08% | +4.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.01% | 1.16% | +1.85% |
Volatility
XCEU.DE vs. CEMT.DE - Volatility Comparison
Xtrackers MSCI EMU Climate Transition UCITS ETF 1C (XCEU.DE) has a higher volatility of 4.62% compared to iShares Edge MSCI Europe Size Factor UCITS ETF (CEMT.DE) at 0.00%. This indicates that XCEU.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
| XCEU.DE | CEMT.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.62% | 0.00% | +4.62% |
Volatility (6M)Calculated over the trailing 6-month period | 12.25% | 0.00% | +12.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.90% | 6.11% | +8.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.44% | 14.61% | -0.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.44% | 16.11% | -1.67% |
XCEU.DE vs. CEMT.DE - Expense Ratio Comparison
XCEU.DE has a 0.12% expense ratio, which is lower than CEMT.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. CEMT.DE - Dividend Comparison
Neither XCEU.DE nor CEMT.DE has paid dividends to shareholders.
Frequently Asked Questions
XCEU.DE and CEMT.DE have a correlation of 0.45, 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 CEMT.DE.
XCEU.DE tracks MSCI EMU NR EUR, while CEMT.DE tracks MSCI Europe Mid Cap Equal Weighted. They also come from different issuers: DWS and iShares. Their fees differ too: 0.12% for XCEU.DE and 0.25% for CEMT.DE.
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