XIEE.DE vs. CEMT.DE
XIEE.DE (Xtrackers MSCI Europe UCITS ETF) and CEMT.DE (iShares Edge MSCI Europe Size Factor UCITS ETF) are both Europe Equities funds - XIEE.DE tracks the MSCI Europe while CEMT.DE tracks the MSCI Europe Mid Cap Equal Weighted. Both are passively managed. Over the past 10 years, XIEE.DE returned 9.16%/yr vs 6.44%/yr for CEMT.DE. Their correlation of 0.91 suggests significant overlap in exposure. XIEE.DE charges 0.12%/yr vs 0.25%/yr for CEMT.DE.
Performance
XIEE.DE vs. CEMT.DE - Performance Comparison
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Returns By Period
Over the past 10 years, XIEE.DE has outperformed CEMT.DE with an annualized return of 9.16%, while CEMT.DE has yielded a comparatively lower 6.44% annualized return.
XIEE.DE
- 1D
- 0.61%
- 1M
- 3.33%
- YTD
- 7.68%
- 6M
- 9.90%
- 1Y
- 16.12%
- 3Y*
- 13.74%
- 5Y*
- 9.99%
- 10Y*
- 9.16%
CEMT.DE
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 4.36%
- 3Y*
- 9.41%
- 5Y*
- 4.08%
- 10Y*
- 6.44%
XIEE.DE vs. CEMT.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XIEE.DE Xtrackers MSCI Europe UCITS ETF | 7.68% | 20.34% | 8.08% | 15.72% | -9.15% | 24.96% | -3.13% | 27.82% | -11.03% | 10.26% |
CEMT.DE iShares Edge MSCI Europe Size Factor UCITS ETF | 0.00% | 17.53% | 5.08% | 14.19% | -18.24% | 19.63% | 1.61% | 28.81% | -13.99% | 13.62% |
Correlation
The correlation between XIEE.DE and CEMT.DE is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.87 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.90 |
Correlation (All Time) Calculated using the full available price history since Oct 15, 2015 | 0.91 |
Over the past year, the correlation between XIEE.DE and CEMT.DE has dropped to 0.48 - well below their long-term average of 0.91, suggesting their price drivers have been diverging.
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Return for Risk
XIEE.DE vs. CEMT.DE — Risk / Return Rank
XIEE.DE
CEMT.DE
XIEE.DE vs. CEMT.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Europe UCITS ETF (XIEE.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.
| XIEE.DE | CEMT.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.50 | ||
| Sortino ratioReturn per unit of downside risk | +0.79 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.21 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.67 | 1.10 | +0.57 |
| Martin ratioReturn relative to average drawdown | 6.35 | 4.03 | +2.32 |
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
| XIEE.DE | CEMT.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.26 | 0.77 | +0.50 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.70 | 0.28 | +0.42 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.40 | +0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.37 | +0.15 |
Drawdowns
XIEE.DE vs. CEMT.DE - Drawdown Comparison
The maximum XIEE.DE drawdown since its inception was -35.51%, smaller than the maximum CEMT.DE drawdown of -37.66%. Use the drawdown chart below to compare losses from any high point for XIEE.DE and CEMT.DE.
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Drawdown Indicators
| XIEE.DE | CEMT.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.51% | -37.66% | +2.15% |
Max Drawdown (1Y)Largest decline over 1 year | -9.61% | -4.26% | -5.35% |
Max Drawdown (3Y)Largest decline over 3 years | -16.52% | -14.36% | -2.16% |
Max Drawdown (5Y)Largest decline over 5 years | -19.30% | -29.23% | +9.93% |
Max Drawdown (10Y)Largest decline over 10 years | -35.51% | -37.66% | +2.15% |
Current DrawdownCurrent decline from peak | -1.61% | -0.39% | -1.22% |
Average DrawdownAverage peak-to-trough decline | -5.02% | -7.08% | +2.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.53% | 1.16% | +1.37% |
Volatility
XIEE.DE vs. CEMT.DE - Volatility Comparison
Xtrackers MSCI Europe UCITS ETF (XIEE.DE) has a higher volatility of 4.32% compared to iShares Edge MSCI Europe Size Factor UCITS ETF (CEMT.DE) at 0.00%. This indicates that XIEE.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
| XIEE.DE | CEMT.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.32% | 0.00% | +4.32% |
Volatility (6M)Calculated over the trailing 6-month period | 10.51% | 0.00% | +10.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.72% | 6.11% | +6.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.13% | 14.61% | -0.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.54% | 16.11% | -0.57% |
XIEE.DE vs. CEMT.DE - Expense Ratio Comparison
XIEE.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
XIEE.DE vs. CEMT.DE - Dividend Comparison
XIEE.DE's dividend yield for the trailing twelve months is around 2.43%, while CEMT.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
CEMT.DE iShares Edge MSCI Europe Size Factor UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XIEE.DE Xtrackers MSCI Europe UCITS ETF | 2.43% | 2.49% | 3.26% | 2.85% | 5.70% | 1.50% | 3.74% | 0.30% | 3.19% | 0.92% | 0.09% |
Frequently Asked Questions
XIEE.DE and CEMT.DE have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XIEE.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XIEE.DE is cheaper with a 0.12% expense ratio, compared with 0.25% for CEMT.DE.
XIEE.DE tracks MSCI Europe, while CEMT.DE tracks MSCI Europe Mid Cap Equal Weighted. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.12% for XIEE.DE and 0.25% for CEMT.DE.
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