AYEM.DE vs. ISPA.DE
AYEM.DE (iShares MSCI EM IMI ESG Screened UCITS ETF USD (Acc)) and ISPA.DE (iShares STOXX Global Select Dividend 100 UCITS ETF (DE)) are both exchange-traded funds - AYEM.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets IMI ESG Screened, while ISPA.DE is a Global Equities fund tracking the STOXX® Global Select Dividend 100 index. Both are passively managed. Over the past 5 years, AYEM.DE returned 8.30%/yr vs 11.00%/yr for ISPA.DE. A 0.62 correlation means they provide meaningful diversification when combined. AYEM.DE charges 0.18%/yr vs 0.46%/yr for ISPA.DE.
Performance
AYEM.DE vs. ISPA.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AYEM.DE achieves a 26.90% return, which is significantly higher than ISPA.DE's 13.48% return.
AYEM.DE
- 1D
- -1.29%
- 1M
- 4.35%
- YTD
- 26.90%
- 6M
- 27.17%
- 1Y
- 46.15%
- 3Y*
- 20.23%
- 5Y*
- 8.30%
- 10Y*
- —
ISPA.DE
- 1D
- 0.49%
- 1M
- 1.28%
- YTD
- 13.48%
- 6M
- 15.35%
- 1Y
- 29.45%
- 3Y*
- 18.65%
- 5Y*
- 11.00%
- 10Y*
- 8.98%
AYEM.DE vs. ISPA.DE - 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) | 26.90% | 17.51% | 14.02% | 6.81% | -14.64% | 6.10% | 7.92% | 21.67% | 1.83% |
ISPA.DE iShares STOXX Global Select Dividend 100 UCITS ETF (DE) | 13.48% | 19.72% | 12.97% | 4.80% | 0.43% | 22.39% | -9.12% | 24.24% | -3.10% |
Correlation
The correlation between AYEM.DE and ISPA.DE is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 2018 | 0.62 |
The correlation between AYEM.DE and ISPA.DE has been stable across timeframes, ranging from 0.54 to 0.62 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AYEM.DE vs. ISPA.DE — Risk / Return Rank
AYEM.DE
ISPA.DE
AYEM.DE vs. ISPA.DE - 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 STOXX Global Select Dividend 100 UCITS ETF (DE) (ISPA.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.
| AYEM.DE | ISPA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.68 | ||
| Sortino ratioReturn per unit of downside risk | -1.05 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 1.62 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 4.30 | 8.10 | -3.80 |
| Martin ratioReturn relative to average drawdown | 15.83 | 28.73 | -12.90 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| AYEM.DE | ISPA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.68 | 3.35 | -0.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.91 | -0.41 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.60 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.68 | -0.09 |
Drawdowns
AYEM.DE vs. ISPA.DE - Drawdown Comparison
The maximum AYEM.DE drawdown since its inception was -31.19%, smaller than the maximum ISPA.DE drawdown of -38.91%. Use the drawdown chart below to compare losses from any high point for AYEM.DE and ISPA.DE.
Loading charts...
Drawdown Indicators
| AYEM.DE | ISPA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.19% | -38.91% | +7.72% |
Max Drawdown (1Y)Largest decline over 1 year | -11.01% | -3.63% | -7.38% |
Max Drawdown (3Y)Largest decline over 3 years | -19.14% | -15.10% | -4.04% |
Max Drawdown (5Y)Largest decline over 5 years | -23.38% | -15.10% | -8.28% |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.91% | — |
Current DrawdownCurrent decline from peak | -2.20% | -1.09% | -1.11% |
Average DrawdownAverage peak-to-trough decline | -8.38% | -4.46% | -3.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.00% | 1.03% | +1.97% |
Volatility
AYEM.DE vs. ISPA.DE - Volatility Comparison
iShares MSCI EM IMI ESG Screened UCITS ETF USD (Acc) (AYEM.DE) has a higher volatility of 7.02% compared to iShares STOXX Global Select Dividend 100 UCITS ETF (DE) (ISPA.DE) at 2.62%. This indicates that AYEM.DE's price experiences larger fluctuations and is considered to be riskier than ISPA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AYEM.DE | ISPA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.02% | 2.62% | +4.40% |
Volatility (6M)Calculated over the trailing 6-month period | 14.89% | 6.51% | +8.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.68% | 8.77% | +8.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.40% | 12.00% | +4.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.62% | 14.79% | +3.83% |
AYEM.DE vs. ISPA.DE - Expense Ratio Comparison
AYEM.DE has a 0.18% expense ratio, which is lower than ISPA.DE's 0.46% expense ratio.
Dividends
AYEM.DE vs. ISPA.DE - Dividend Comparison
AYEM.DE has not paid dividends to shareholders, while ISPA.DE's dividend yield for the trailing twelve months is around 3.75%.
| Position | 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% |
ISPA.DE iShares STOXX Global Select Dividend 100 UCITS ETF (DE) | 3.75% | 4.52% | 4.89% | 5.91% | 6.92% | 3.32% | 4.04% | 4.02% | 3.37% | 5.66% | 3.64% | 4.35% |
Frequently Asked Questions
AYEM.DE and ISPA.DE have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AYEM.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AYEM.DE is cheaper with a 0.18% expense ratio, compared with 0.46% for ISPA.DE.
AYEM.DE is categorized as Emerging Markets Equities, while ISPA.DE is Global Equities. AYEM.DE tracks MSCI Emerging Markets IMI ESG Screened, while ISPA.DE tracks STOXX® Global Select Dividend 100 index. Their fees differ too: 0.18% for AYEM.DE and 0.46% for ISPA.DE.
Find the right allocation for AYEM.DE and ISPA.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer