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IEML.L's Sortino Ratio of 1.93 indicates that for each unit of downside volatility, it generates 1.93 units of excess return. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 17, 2026).

Unlike other measures, Sortino only focuses on downside volatility (losses), making it particularly useful for investors more concerned about protecting against drawdowns than overall price swings.

IEML.L Sortino Ratio Rank


IEML.L Sortino Ratio Rank: 38.639
Below Average

IEML.L ranks above 38.6% of all investments in our database based on Sortino Ratio over the past 12 months, indicating below-average returns relative to downside risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with minimal downside volatility → Higher rank
  • Severe or frequent drawdowns → Lower rank
  • Upside volatility → No impact (Sortino doesn't penalize upside swings)

What you can do with this information

  • Returns may not adequately compensate for downside risk taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better downside protection
  • Assess whether downside exposure aligns with your portfolio goals

IEML.L Sortino Ratio Market Positioning

The chart shows IEML.L's Sortino Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better downside-adjusted returns.


  • Red zone (bottom 25%): 1.35 or lower
  • Yellow zone (middle 50%): 1.35 to 3.09
  • Green zone (top 25%): 3.09 or higher
  • Top 1%: 15.82+
  • Median: 2.33 — half of all investments score higher

How it compares to other similar ETFs

The table compares iShares J.P. Morgan Emerging Markets Local Government Bond UCITS ETF USD (Dist)'s Sortino Ratio with other ETFs in the Emerging Markets Bonds category across multiple time periods, showing how IEML.L's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 17, 2026.


SymbolName1Y Sortino Ratio5Y Sortino Ratio10Y Sortino RatioAll Time Sortino Ratio
UBXX.LUBS J.P. Morgan USD EM Diversified Bond 1-5 UCITS ETF hGBP dis4.47
XUEM.LXtrackers USD Emerging Markets Bond UCITS ETF 2D4.16
XUEB.LXtrackers II USD Emerging Markets Bond UCITS ETF 2C3.49
DRGN.LL&G China CNY Bond UCITS ETF3.48
SBEM.LUBS ETF (LU) Bloomberg USD Emerging Markets Sovereign UCITS ETF (USD) A-dis3.45
FSEM.LFidelity Sustainable USD EM Bond UCITS ETF Inc3.32
VDET.LVanguard USD Emerging Markets Government Bond UCITS ETF Distributing3.27
SEMB.LiShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (Dist)3.23
EMGB.LVanEck J.P. Morgan EM Local Currency Bond UCITS ETF3.20
LEMB.LLyxor iBoxx USD Liquid Emerging Markets Sovereigns UCITS ETF - Dist3.16
IEML.LiShares J.P. Morgan Emerging Markets Local Government Bond UCITS ETF USD (Dist)1.93

S&P 500 Index

How to choose period

Historical Sortino Ratio

The chart shows IEML.L's rolling Sortino ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to downside risk, while declining trends may signal deteriorating risk-adjusted performance or increased volatility during market stress. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when IEML.L consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.


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