- Issuer
- iShares
- Category
- Europe Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- iShares IV Public Limited Company - iShares MSCI EMU Mid Cap UCITS ETF
- Distribution Policy
- Accumulating
- Asset Class
- Equity
Share Price Chart
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Performance
EMUM.L Performance Chart
iShares IV Public Limited Company - iShares MSCI EMU Mid Cap UCITS ETF (EMUM.L) is up 13.2% since the beginning of the year. EMUM.L is currently trading at €79 per share.
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Returns By Period
iShares IV Public Limited Company - iShares MSCI EMU Mid Cap UCITS ETF (EMUM.L) has returned 13.16% so far this year and 20.57% over the past 12 months.
iShares IV Public Limited Company - iShares MSCI EMU Mid Cap UCITS ETF
- 1D
- -0.66%
- 1M
- 0.95%
- 6M
- 10.50%
- YTD
- 13.16%
- 1Y
- 20.57%
- 3Y*
- 19.92%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.09%
- 1M
- 1.27%
- 6M
- 10.98%
- YTD
- 13.27%
- 1Y
- 22.64%
- 3Y*
- 18.04%
- 5Y*
- 12.49%
- 10Y*
- 12.92%
EMUM.L Monthly Returns History
Based on dividend-adjusted daily data since Jan 17, 2022, EMUM.L's average daily return is +0.10%, while the average monthly return is +0.88%. At this rate, an investment would double in approximately 6.6 years.
Historically, 56% of months were positive and 44% were negative. The best month was May 2025 with a return of +10.7%, while the worst month was Sep 2022 at -10.6%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 3 months.
On a daily basis, EMUM.L closed higher 58% of trading days. The best single day was Jan 17, 2023 with a return of +8.7%, while the worst single day was Jun 24, 2022 at -8.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.95% | 4.57% | -5.96% | 4.96% | 4.08% | 2.04% | 0.28% | 13.16% | |||||
| 2025 | 7.27% | 3.23% | -0.32% | 0.54% | 10.72% | -0.64% | 1.46% | 1.26% | -0.21% | 2.78% | -0.06% | 2.19% | 31.38% |
| 2024 | -0.17% | 2.22% | 5.27% | -1.11% | 5.34% | -3.81% | 0.70% | 1.33% | 2.49% | -2.49% | 1.31% | 0.38% | 11.63% |
| 2023 | 8.32% | -1.27% | -0.26% | -1.57% | 1.24% | -0.82% | 0.00% | 1.15% | -6.57% | 5.63% | 4.09% | 9.56% | |
| 2022 | -4.13% | -4.66% | -1.89% | 2.29% | -0.32% | -6.72% | -2.23% | 3.47% | -10.62% | 5.66% | 4.85% | -14.55% |
Benchmark Metrics
iShares IV Public Limited Company - iShares MSCI EMU Mid Cap UCITS ETF has an annualized alpha of 27.82%, beta of 0.19, and R2 of 0.02 versus S&P 500 Index. Calculated based on daily prices since January 17, 2022.
- This ETF captured 67.34% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -5.83%) - a profile typical of hedging or uncorrelated assets.
- Beta of 0.19 may look defensive, but with R2 of 0.02 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.02 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 27.82%
- Beta
- 0.19
- R²
- 0.02
- Upside Capture
- 67.34%
- Downside Capture
- -5.83%
Return for Risk
Risk / Return Rank
EMUM.L ranks 64 for risk / return — better than 64% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for iShares IV Public Limited Company - iShares MSCI EMU Mid Cap UCITS ETF (EMUM.L) and compare them to S&P 500 Index.
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.
| EMUM.L | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.18 | ||
| Sortino ratioReturn per unit of downside risk | -0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.33 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.72 | 3.01 | -0.28 |
| Martin ratioReturn relative to average drawdown | 9.65 | 11.10 | -1.45 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the iShares IV Public Limited Company - iShares MSCI EMU Mid Cap UCITS ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the iShares IV Public Limited Company - iShares MSCI EMU Mid Cap UCITS ETF was 23.13%, occurring on Oct 11, 2022. Recovery took 29 trading sessions.
The current iShares IV Public Limited Company - iShares MSCI EMU Mid Cap UCITS ETF drawdown is 1.26%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-23.13%Oct 2022 | 8mo 16d | 1y 5mo | 2y 1moJan 2022 - Mar 2024 | Bear market2022 |
-14.40%Apr 2025 | 19d | 1mo | 1mo 19dMar 2025 - May 2025 | 2025 selloff2025 |
-10.24%Aug 2024 | 2mo 6d | 1mo 23d | 3mo 29dMay 2024 - Sep 2024 | — |
-7.87%Mar 2026 | 18d | 28d | 1mo 16dMar 2026 - Apr 2026 | — |
-4.41%Nov 2025 | 4d | 1mo 1d | 1mo 5dNov 2025 - Dec 2025 | — |
Drawdown Indicators
| EMUM.L | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.13% | -51.17% | +28.04% |
Max Drawdown (1Y)Largest decline over 1 year | -7.87% | -7.57% | -0.30% |
Max Drawdown (3Y)Largest decline over 3 years | -14.40% | -23.99% | +9.59% |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.99% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.42% | — |
Current DrawdownCurrent decline from peak | -1.26% | -0.52% | -0.74% |
Average DrawdownAverage peak-to-trough decline | -2.58% | -8.90% | +6.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.21% | 2.04% | +0.17% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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