CAPS.L vs. EEDM.L
CAPS.L (First Trust Capital Strength UCITS ETF Acc) and EEDM.L (iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist)) are both exchange-traded funds - CAPS.L is a Large Cap Blend Equities fund tracking the Russell 1000 TR USD, while EEDM.L is a Emerging Markets Equities fund tracking the MSCI EM ESG Enhanced CTB Index. Both are passively managed. Over the past 5 years, CAPS.L returned 6.16%/yr vs 6.71%/yr for EEDM.L. At a 0.23 correlation, their price movements are largely independent. CAPS.L charges 0.60%/yr vs 0.18%/yr for EEDM.L.
Performance
CAPS.L vs. EEDM.L - Performance Comparison
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Different Trading Currencies
CAPS.L is traded in GBp, while EEDM.L is traded in USD. To make them comparable, the EEDM.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, CAPS.L achieves a 4.08% return, which is significantly lower than EEDM.L's 18.62% return.
CAPS.L
- 1D
- 0.00%
- 1M
- 2.27%
- 6M
- 1.17%
- YTD
- 4.08%
- 1Y
- 7.28%
- 3Y*
- 8.79%
- 5Y*
- 6.16%
- 10Y*
- —
EEDM.L
- 1D
- 0.00%
- 1M
- -7.27%
- 6M
- 13.23%
- YTD
- 18.62%
- 1Y
- 33.73%
- 3Y*
- 18.46%
- 5Y*
- 6.71%
- 10Y*
- —
CAPS.L vs. EEDM.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
CAPS.L First Trust Capital Strength UCITS ETF Acc | 4.08% | -0.65% | 12.99% | 2.23% | 0.52% | -6.71% | 11.84% |
EEDM.L iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist) | 18.62% | 25.83% | 8.57% | 2.77% | -12.38% | -1.93% | 13.72% |
Correlation
The correlation between CAPS.L and EEDM.L is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Jan 23, 2020 | 0.23 |
The correlation between CAPS.L and EEDM.L shifts across timeframes, from -0.12 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CAPS.L vs. EEDM.L — Risk / Return Rank
CAPS.L
EEDM.L
CAPS.L vs. EEDM.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Capital Strength UCITS ETF Acc (CAPS.L) and iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist) (EEDM.L). 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.
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.
| CAPS.L | EEDM.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.62 | ||
| Sortino ratioReturn per unit of downside risk | +137.45 | ||
| Omega ratioGain probability vs. loss probability | 77.47 | 1.31 | +76.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.07 | 3.04 | -2.97 |
| Martin ratioReturn relative to average drawdown | 0.29 | 8.60 | -8.31 |
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Drawdowns
CAPS.L vs. EEDM.L - Drawdown Comparison
The maximum CAPS.L drawdown since its inception was -99.07%, which is greater than EEDM.L's maximum drawdown of -27.49%. Use the drawdown chart below to compare losses from any high point for CAPS.L and EEDM.L.
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Drawdown Indicators
| CAPS.L | EEDM.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.07% | -27.49% | -71.58% |
Max Drawdown (1Y)Largest decline over 1 year | -99.02% | -11.08% | -87.94% |
Max Drawdown (3Y)Largest decline over 3 years | -99.07% | -15.81% | -83.26% |
Max Drawdown (5Y)Largest decline over 5 years | -99.07% | -22.89% | -76.18% |
Current DrawdownCurrent decline from peak | -2.63% | -10.27% | +7.64% |
Average DrawdownAverage peak-to-trough decline | -12.90% | -11.96% | -0.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.17% | 3.92% | +21.25% |
Volatility
CAPS.L vs. EEDM.L - Volatility Comparison
The current volatility for First Trust Capital Strength UCITS ETF Acc (CAPS.L) is 3.75%, while iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist) (EEDM.L) has a volatility of 8.97%. This indicates that CAPS.L experiences smaller price fluctuations and is considered to be less risky than EEDM.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CAPS.L | EEDM.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.75% | 8.97% | -5.22% |
Volatility (6M)Calculated over the trailing 6-month period | 7.95% | 18.83% | -10.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 13,922.66% | 20.75% | +13,901.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6,238.45% | 17.79% | +6,220.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5,478.19% | 19.28% | +5,458.91% |
CAPS.L vs. EEDM.L - Expense Ratio Comparison
CAPS.L has a 0.60% expense ratio, which is higher than EEDM.L's 0.18% expense ratio.
Dividends
CAPS.L vs. EEDM.L - Dividend Comparison
CAPS.L has not paid dividends to shareholders, while EEDM.L's dividend yield for the trailing twelve months is around 1.65%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
CAPS.L First Trust Capital Strength UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EEDM.L iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist) | 1.65% | 1.89% | 2.37% | 2.37% | 2.59% | 1.97% | 1.54% | 0.05% |
Frequently Asked Questions
CAPS.L and EEDM.L have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EEDM.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EEDM.L is cheaper with a 0.18% expense ratio, compared with 0.60% for CAPS.L.
CAPS.L is categorized as Large Cap Blend Equities, while EEDM.L is Emerging Markets Equities. CAPS.L tracks Russell 1000 TR USD, while EEDM.L tracks MSCI EM ESG Enhanced CTB Index. They also come from different issuers: First Trust and iShares. Their fees differ too: 0.60% for CAPS.L and 0.18% for EEDM.L.
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