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DRDR.L vs. EUDI.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DRDR.L vs. EUDI.L

Last updated Jun 5, 2026

DRDR.L (iShares Healthcare Innovation UCITS ETF USD (Acc)) and EUDI.L (SPDR® S&P Euro Dividend Aristocrats UCITS ETF) are both exchange-traded funds - DRDR.L is a Health & Biotech Equities fund tracking the MSCI World/Health Care NR USD, while EUDI.L is a Europe Equities fund tracking the MSCI EMU NR EUR. Both are passively managed. Over the past 5 years, DRDR.L returned -0.91%/yr vs 8.23%/yr for EUDI.L. A 0.50 correlation means they provide meaningful diversification when combined. DRDR.L charges 0.40%/yr vs 0.30%/yr for EUDI.L.

Performance

DRDR.L vs. EUDI.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares Healthcare Innovation UCITS ETF USD (Acc) (DRDR.L) and SPDR® S&P Euro Dividend Aristocrats UCITS ETF (EUDI.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

DRDR.L is traded in GBp, while EUDI.L is traded in EUR. To make them comparable, the EUDI.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, DRDR.L achieves a 1.01% return, which is significantly lower than EUDI.L's 4.70% return.

DRDR.L

1D
3.48%
1M
6.16%
YTD
1.01%
6M
-0.48%
1Y
21.74%
3Y*
3.43%
5Y*
-0.91%
10Y*
—

EUDI.L

1D
0.20%
1M
-0.11%
YTD
4.70%
6M
6.24%
1Y
10.69%
3Y*
13.35%
5Y*
8.23%
10Y*
7.81%
*Multi-year figures are annualized to reflect compound growth (CAGR)

DRDR.L vs. EUDI.L - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
DRDR.L
iShares Healthcare Innovation UCITS ETF USD (Acc)		1.01%10.25%2.62%-2.51%-14.93%-5.21%48.69%8.88%2.12%23.69%
EUDI.L
SPDR® S&P Euro Dividend Aristocrats UCITS ETF		4.70%26.19%3.56%15.46%-6.04%7.66%-6.75%14.52%-6.92%15.82%

Correlation

The correlation between DRDR.L and EUDI.L is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.42

Correlation (3Y)
Calculated over the trailing 3-year period

0.42

Correlation (5Y)
Calculated over the trailing 5-year period

0.46

Correlation (All Time)
Calculated using the full available price history since Sep 13, 2016

0.50

The correlation between DRDR.L and EUDI.L has been stable across timeframes, ranging from 0.42 to 0.50 - a consistent structural relationship.

DRDR.L vs. EUDI.L - Sectors Allocation Comparison

Sectors
DRDR.L
EUDI.L

Healthcare

98.0%
5.7%

Technology

1.2%

-

Industrials

0.4%
22.4%

Basic Materials

0.4%
8.8%

Financial Services

0.2%
23.1%

Consumer Defensive

0.1%
7.9%

Communication Services

-

6.7%

Consumer Cyclical

-

1.3%

Energy

-

2.7%

Real Estate

-

1.9%

Utilities

-

19.5%

Healthcare

DRDR.L
98.0%
EUDI.L
5.7%

Technology

DRDR.L
1.2%
EUDI.L

-

Industrials

DRDR.L
0.4%
EUDI.L
22.4%

Basic Materials

DRDR.L
0.4%
EUDI.L
8.8%

Financial Services

DRDR.L
0.2%
EUDI.L
23.1%

Consumer Defensive

DRDR.L
0.1%
EUDI.L
7.9%

Communication Services

DRDR.L

-

EUDI.L
6.7%

Consumer Cyclical

DRDR.L

-

EUDI.L
1.3%

Energy

DRDR.L

-

EUDI.L
2.7%

Real Estate

DRDR.L

-

EUDI.L
1.9%

Utilities

DRDR.L

-

EUDI.L
19.5%

Compare stocks, funds, or ETFs

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iShares Healthcare Innovation UCITS ETF USD (Acc)

SPDR® S&P Euro Dividend Aristocrats UCITS ETF

Often compared with DRDR.L:
DRDR.L vs. AGES.LDRDR.L vs. XLVDRDR.L vs. ESIH.LDRDR.L vs. DOCG.LDRDR.L vs. IUHC.LDRDR.L vs. IUIT.LDRDR.L vs. SWDA.L
Often compared with EUDI.L:
EUDI.L vs. IDVY.LEUDI.L vs. SCHDEUDI.L vs. WDIVEUDI.L vs. ACWIEUDI.L vs. VGTEUDI.L vs. VFEG.LEUDI.L vs. SPY

Return for Risk

DRDR.L vs. EUDI.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DRDR.L
DRDR.L Risk / Return Rank: 3737
Overall Rank
DRDR.L Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
DRDR.L Sortino Ratio Rank: 4242
Sortino Ratio Rank
DRDR.L Omega Ratio Rank: 3737
Omega Ratio Rank
DRDR.L Calmar Ratio Rank: 3636
Calmar Ratio Rank
DRDR.L Martin Ratio Rank: 3030
Martin Ratio Rank
EUDI.L
EUDI.L Risk / Return Rank: 2222
Overall Rank
EUDI.L Sharpe Ratio Rank: 2222
Sharpe Ratio Rank
EUDI.L Sortino Ratio Rank: 2020
Sortino Ratio Rank
EUDI.L Omega Ratio Rank: 2121
Omega Ratio Rank
EUDI.L Calmar Ratio Rank: 2222
Calmar Ratio Rank
EUDI.L Martin Ratio Rank: 2424
Martin Ratio Rank
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.

DRDR.L vs. EUDI.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Healthcare Innovation UCITS ETF USD (Acc) (DRDR.L) and SPDR® S&P Euro Dividend Aristocrats UCITS ETF (EUDI.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.

DRDR.LEUDI.LDifference
Sharpe ratioReturn per unit of total volatility
1.39
0.96

+0.43

Sortino ratioReturn per unit of downside risk
2.07
1.35

+0.73

Omega ratioGain probability vs. loss probability

1.24

1.18

+0.06

Calmar ratioReturn relative to maximum drawdown

1.73

1.18

+0.55

Martin ratioReturn relative to average drawdown

4.35

3.81

+0.54

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DRDR.L vs. EUDI.L - Sharpe Ratio Comparison

The current DRDR.L Sharpe Ratio is 1.39, which is higher than the EUDI.L Sharpe Ratio of 0.96. The chart below compares the historical Sharpe Ratios of DRDR.L and EUDI.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

DRDR.LEUDI.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.39

0.96

+0.43

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.05

0.60

-0.65

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.52

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.34

0.61

-0.26

Drawdowns

DRDR.L vs. EUDI.L - Drawdown Comparison

The maximum DRDR.L drawdown since its inception was -38.49%, which is greater than EUDI.L's maximum drawdown of -31.41%. Use the drawdown chart below to compare losses from any high point for DRDR.L and EUDI.L.

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Drawdown Indicators

DRDR.LEUDI.LDifference

Max Drawdown

Largest peak-to-trough decline

-38.49%

-31.41%

-7.08%

Max Drawdown (1Y)

Largest decline over 1 year

-12.51%

-9.05%

-3.46%

Max Drawdown (3Y)

Largest decline over 3 years

-22.38%

-10.43%

-11.95%

Max Drawdown (5Y)

Largest decline over 5 years

-35.81%

-22.19%

-13.62%

Max Drawdown (10Y)

Largest decline over 10 years

—

-31.41%

—

Current Drawdown

Current decline from peak

-16.88%

-3.80%

-13.08%

Average Drawdown

Average peak-to-trough decline

-15.17%

-5.32%

-9.85%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.98%

2.80%

+2.18%

Volatility

DRDR.L vs. EUDI.L - Volatility Comparison

iShares Healthcare Innovation UCITS ETF USD (Acc) (DRDR.L) has a higher volatility of 4.79% compared to SPDR® S&P Euro Dividend Aristocrats UCITS ETF (EUDI.L) at 3.32%. This indicates that DRDR.L's price experiences larger fluctuations and is considered to be riskier than EUDI.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

DRDR.LEUDI.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.79%

3.32%

+1.47%

Volatility (6M)

Calculated over the trailing 6-month period

11.52%

9.23%

+2.29%

Volatility (1Y)

Calculated over the trailing 1-year period

15.56%

11.07%

+4.49%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.52%

13.80%

+3.72%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.58%

15.14%

+3.44%

DRDR.L vs. EUDI.L - Expense Ratio Comparison

DRDR.L has a 0.40% expense ratio, which is higher than EUDI.L's 0.30% expense ratio.

Dividends

DRDR.L vs. EUDI.L - Dividend Comparison

DRDR.L has not paid dividends to shareholders, while EUDI.L's dividend yield for the trailing twelve months is around 3.60%.

PositionTTM20252024202320222021202020192018201720162015
DRDR.L
iShares Healthcare Innovation 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%
EUDI.L
SPDR® S&P Euro Dividend Aristocrats UCITS ETF		3.60%4.08%3.66%3.31%3.61%2.80%3.07%3.12%3.71%3.15%2.97%3.01%

Frequently Asked Questions

DRDR.L and EUDI.L have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, EUDI.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

EUDI.L is cheaper with a 0.30% expense ratio, compared with 0.40% for DRDR.L.

DRDR.L is categorized as Health & Biotech Equities, while EUDI.L is Europe Equities. DRDR.L tracks MSCI World/Health Care NR USD, while EUDI.L tracks MSCI EMU NR EUR. They also come from different issuers: iShares and State Street. Their fees differ too: 0.40% for DRDR.L and 0.30% for EUDI.L.

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