AYEM.DE vs. IEAC.AS

Last updated Apr 3, 2026

Compare and contrast key facts about iShares MSCI EM IMI ESG Screened UCITS ETF USD (Acc) (AYEM.DE) and iShares Core € Corp Bond UCITS ETF (IEAC.AS).

AYEM.DE and IEAC.AS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AYEM.DE is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets IMI ESG Screened. It was launched on Oct 19, 2018. IEAC.AS is a passively managed fund by iShares that tracks the performance of the Bloomberg Euro Corporate Bond Index. It was launched on Mar 6, 2009. Both AYEM.DE and IEAC.AS are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

AYEM.DE vs. IEAC.AS - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares MSCI EM IMI ESG Screened UCITS ETF USD (Acc) (AYEM.DE) and iShares Core € Corp Bond UCITS ETF (IEAC.AS). The values are adjusted to include any dividend payments, if applicable.

AYEM.DE vs. IEAC.AS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
AYEM.DE iShares MSCI EM IMI ESG Screened UCITS ETF USD (Acc)	4.19%	17.51%	14.02%	6.81%	-14.64%	6.10%	7.92%	21.67%	1.83%
IEAC.AS iShares Core € Corp Bond UCITS ETF	-0.46%	3.05%	4.40%	7.74%	-13.63%	-1.02%	2.55%	6.29%	-0.59%

Returns By Period

In the year-to-date period, AYEM.DE achieves a 4.19% return, which is significantly higher than IEAC.AS's -0.46% return.

AYEM.DE

• 1D: -1.25%
• 1M: -2.79%
• YTD: 4.19%
• 6M: 7.06%
• 1Y: 22.84%
• 3Y*: 13.42%
• 5Y*: 4.29%
• 10Y*: —

IEAC.AS

• 1D: 0.11%
• 1M: -0.93%
• YTD: -0.46%
• 6M: -0.35%
• 1Y: 2.50%
• 3Y*: 4.21%
• 5Y*: -0.20%
• 10Y*: 0.96%

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

AYEM.DE vs. IEAC.AS - Expense Ratio Comparison

AYEM.DE has a 0.18% expense ratio, which is lower than IEAC.AS's 0.20% 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%.

IEAC.AS

iShares Core € Corp Bond UCITS ETF

AYEM.DE

iShares MSCI EM IMI ESG Screened UCITS ETF USD (Acc)

Return for Risk

AYEM.DE vs. IEAC.AS — Risk / Return Rank

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

AYEM.DE

AYEM.DE Risk / Return Rank: 70
AYEM.DE Sharpe Ratio Rank: 68
AYEM.DE Sortino Ratio Rank: 66
AYEM.DE Omega Ratio Rank: 62
AYEM.DE Calmar Ratio Rank: 77
AYEM.DE Martin Ratio Rank: 76

IEAC.AS

IEAC.AS Risk / Return Rank: 43
IEAC.AS Sharpe Ratio Rank: 46
IEAC.AS Sortino Ratio Rank: 43
IEAC.AS Omega Ratio Rank: 39
IEAC.AS Calmar Ratio Rank: 40
IEAC.AS Martin Ratio Rank: 49

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.

AYEM.DE vs. IEAC.AS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM IMI ESG Screened UCITS ETF USD (Acc) (AYEM.DE) and iShares Core € Corp Bond UCITS ETF (IEAC.AS). 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.

	AYEM.DE	IEAC.AS	Difference
Sharpe ratio Return per unit of total volatility	1.27	0.91	+0.35
Sortino ratio Return per unit of downside risk	1.77	1.29	+0.48
Omega ratio Gain probability vs. loss probability	1.24	1.17	+0.07
Calmar ratio Return relative to maximum drawdown	2.52	1.26	+1.26
Martin ratio Return relative to average drawdown	9.56	5.54	+4.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AYEM.DE vs. IEAC.AS - Sharpe Ratio Comparison

The current AYEM.DE Sharpe Ratio is 1.27, which is higher than the IEAC.AS Sharpe Ratio of 0.91. The chart below compares the historical Sharpe Ratios of AYEM.DE and IEAC.AS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AYEM.DE	IEAC.AS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.27	0.91	+0.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.27	-0.04	+0.31
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.22	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	0.77	-0.33

Correlation

The correlation between AYEM.DE and IEAC.AS is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

AYEM.DE vs. IEAC.AS - Dividend Comparison

AYEM.DE has not paid dividends to shareholders, while IEAC.AS's dividend yield for the trailing twelve months is around 3.36%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AYEM.DE iShares MSCI EM IMI ESG Screened 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%
IEAC.AS iShares Core € Corp Bond UCITS ETF	3.36%	3.29%	3.39%	2.51%	0.84%	0.81%	0.84%	1.10%	0.98%	1.52%	1.66%	0.90%

Drawdowns

AYEM.DE vs. IEAC.AS - Drawdown Comparison

The maximum AYEM.DE drawdown since its inception was -31.19%, which is greater than IEAC.AS's maximum drawdown of -17.26%. Use the drawdown chart below to compare losses from any high point for AYEM.DE and IEAC.AS.

Drawdown Indicators

	AYEM.DE	IEAC.AS	Difference
Max Drawdown Largest peak-to-trough decline	-31.19%	-17.26%	-13.93%
Max Drawdown (1Y) Largest decline over 1 year	-11.01%	-2.65%	-8.36%
Max Drawdown (5Y) Largest decline over 5 years	-23.38%	-17.26%	-6.12%
Max Drawdown (10Y) Largest decline over 10 years	—	-17.26%	—
Current Drawdown Current decline from peak	-9.33%	-2.02%	-7.31%
Average Drawdown Average peak-to-trough decline	-8.54%	-2.74%	-5.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.90%	0.60%	+2.30%

Volatility

AYEM.DE vs. IEAC.AS - Volatility Comparison

iShares MSCI EM IMI ESG Screened UCITS ETF USD (Acc) (AYEM.DE) has a higher volatility of 7.39% compared to iShares Core € Corp Bond UCITS ETF (IEAC.AS) at 1.44%. This indicates that AYEM.DE's price experiences larger fluctuations and is considered to be riskier than IEAC.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AYEM.DE	IEAC.AS	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.39%	1.44%	+5.95%
Volatility (6M) Calculated over the trailing 6-month period	13.04%	1.91%	+11.13%
Volatility (1Y) Calculated over the trailing 1-year period	17.99%	2.71%	+15.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.93%	4.34%	+11.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.45%	4.30%	+14.15%