5MVL.DE vs. IQQE.DE

Last updated Jun 5, 2026

5MVL.DE (iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc)) and IQQE.DE (iShares MSCI EM UCITS ETF (Dist)) are both Emerging Markets Equities funds from iShares - 5MVL.DE tracks the MSCI Emerging Markets Select Value Factor Focus while IQQE.DE tracks the MSCI Emerging Markets. Both are passively managed. Over the past 5 years, 5MVL.DE returned 17.27%/yr vs 8.39%/yr for IQQE.DE. Their correlation of 0.92 suggests significant overlap in exposure. 5MVL.DE charges 0.40%/yr vs 0.18%/yr for IQQE.DE.

Performance

5MVL.DE vs. IQQE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) (5MVL.DE) and iShares MSCI EM UCITS ETF (Dist) (IQQE.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, 5MVL.DE achieves a 45.83% return, which is significantly higher than IQQE.DE's 27.09% return.

5MVL.DE

• 1D: -2.48%
• 1M: 9.31%
• YTD: 45.83%
• 6M: 46.38%
• 1Y: 81.35%
• 3Y*: 33.99%
• 5Y*: 17.27%
• 10Y*: —

IQQE.DE

• 1D: -1.70%
• 1M: 3.86%
• YTD: 27.09%
• 6M: 27.76%
• 1Y: 48.91%
• 3Y*: 20.70%
• 5Y*: 8.39%
• 10Y*: 9.82%

*Multi-year figures are annualized to reflect compound growth (CAGR)

5MVL.DE vs. IQQE.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
5MVL.DE iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc)	45.83%	27.25%	21.00%	14.58%	-10.54%	13.07%	-2.40%	20.39%	-2.61%
IQQE.DE iShares MSCI EM UCITS ETF (Dist)	27.09%	19.76%	13.75%	5.63%	-14.17%	4.20%	7.47%	20.26%	-2.57%

Correlation

The correlation between 5MVL.DE and IQQE.DE is 0.91, 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	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (All Time) Calculated using the full available price history since Dec 17, 2018	0.92

The correlation between 5MVL.DE and IQQE.DE has been stable across timeframes, ranging from 0.90 to 0.92 - a consistent structural relationship.

Return for Risk

5MVL.DE vs. IQQE.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

5MVL.DE

5MVL.DE Risk / Return Rank: 95
5MVL.DE Sharpe Ratio Rank: 96
5MVL.DE Sortino Ratio Rank: 95
5MVL.DE Omega Ratio Rank: 95
5MVL.DE Calmar Ratio Rank: 96
5MVL.DE Martin Ratio Rank: 95

IQQE.DE

IQQE.DE Risk / Return Rank: 84
IQQE.DE Sharpe Ratio Rank: 86
IQQE.DE Sortino Ratio Rank: 84
IQQE.DE Omega Ratio Rank: 84
IQQE.DE Calmar Ratio Rank: 85
IQQE.DE Martin Ratio Rank: 83

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

5MVL.DE vs. IQQE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) (5MVL.DE) and iShares MSCI EM UCITS ETF (Dist) (IQQE.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.

	5MVL.DE	IQQE.DE	Difference
Sharpe ratio: Return per unit of total volatility	4.31	2.78	+1.53
Sortino ratio: Return per unit of downside risk	5.17	3.70	+1.48
Omega ratio: Gain probability vs. loss probability	1.73	1.50	+0.23
Calmar ratio: Return relative to maximum drawdown	8.86	4.59	+4.27
Martin ratio: Return relative to average drawdown	28.83	16.67	+12.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

5MVL.DE vs. IQQE.DE - Sharpe Ratio Comparison

The current 5MVL.DE Sharpe Ratio is 4.31, which is higher than the IQQE.DE Sharpe Ratio of 2.78. The chart below compares the historical Sharpe Ratios of 5MVL.DE and IQQE.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	5MVL.DE	IQQE.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.31	2.78	+1.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.02	0.49	+0.52
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.53	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.83	0.27	+0.56

Drawdowns

5MVL.DE vs. IQQE.DE - Drawdown Comparison

The maximum 5MVL.DE drawdown since its inception was -32.25%, smaller than the maximum IQQE.DE drawdown of -59.33%. Use the drawdown chart below to compare losses from any high point for 5MVL.DE and IQQE.DE.

Drawdown Indicators

	5MVL.DE	IQQE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-32.25%	-59.33%	+27.08%
Max Drawdown (1Y) Largest decline over 1 year	-9.30%	-10.78%	+1.48%
Max Drawdown (3Y) Largest decline over 3 years	-19.15%	-19.41%	+0.26%
Max Drawdown (5Y) Largest decline over 5 years	-20.60%	-24.02%	+3.42%
Max Drawdown (10Y) Largest decline over 10 years	—	-31.66%	—
Current Drawdown Current decline from peak	-3.88%	-2.60%	-1.28%
Average Drawdown Average peak-to-trough decline	-6.27%	-12.99%	+6.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.87%	2.98%	-0.11%

Volatility

5MVL.DE vs. IQQE.DE - Volatility Comparison

iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) (5MVL.DE) has a higher volatility of 8.71% compared to iShares MSCI EM UCITS ETF (Dist) (IQQE.DE) at 7.24%. This indicates that 5MVL.DE's price experiences larger fluctuations and is considered to be riskier than IQQE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	5MVL.DE	IQQE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.71%	7.24%	+1.47%
Volatility (6M) Calculated over the trailing 6-month period	15.83%	15.03%	+0.80%
Volatility (1Y) Calculated over the trailing 1-year period	19.13%	17.83%	+1.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.78%	16.78%	0.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.84%	18.33%	+0.51%

5MVL.DE vs. IQQE.DE - Expense Ratio Comparison

5MVL.DE has a 0.40% expense ratio, which is higher than IQQE.DE's 0.18% expense ratio.

Dividends

5MVL.DE vs. IQQE.DE - Dividend Comparison

5MVL.DE has not paid dividends to shareholders, while IQQE.DE's dividend yield for the trailing twelve months is around 1.49%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
5MVL.DE iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IQQE.DE iShares MSCI EM UCITS ETF (Dist)	1.49%	1.87%	2.19%	2.34%	2.91%	1.99%	1.53%	1.75%	1.94%	1.42%	1.83%	2.22%

Frequently Asked Questions

Can I hold both 5MVL.DE and IQQE.DE in my portfolio?

With a correlation of 0.91, 5MVL.DE and IQQE.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, 5MVL.DE or IQQE.DE?

On fees, IQQE.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, 5MVL.DE or IQQE.DE?

IQQE.DE is cheaper with a 0.18% expense ratio, compared with 0.40% for 5MVL.DE.

What is the main difference between 5MVL.DE and IQQE.DE?

5MVL.DE tracks MSCI Emerging Markets Select Value Factor Focus, while IQQE.DE tracks MSCI Emerging Markets. Their fees differ too: 0.40% for 5MVL.DE and 0.18% for IQQE.DE.