EDM4.DE vs. EXS2.DE
EDM4.DE (iShares MSCI EMU ESG Enhanced UCITS ETF EUR Acc) and EXS2.DE (iShares TecDAX UCITS ETF (DE)) are both Europe Equities funds from iShares - EDM4.DE tracks the MSCI EMU ESG Enhanced Focus while EXS2.DE tracks the TecDAX®. Both are passively managed. Over the past 5 years, EDM4.DE returned 9.91%/yr vs 3.72%/yr for EXS2.DE. A 0.71 correlation means they provide meaningful diversification when combined. EDM4.DE charges 0.12%/yr vs 0.51%/yr for EXS2.DE.
Performance
EDM4.DE vs. EXS2.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EDM4.DE achieves a 8.82% return, which is significantly lower than EXS2.DE's 15.70% return.
EDM4.DE
- 1D
- 0.51%
- 1M
- 2.53%
- YTD
- 8.82%
- 6M
- 10.65%
- 1Y
- 17.25%
- 3Y*
- 15.37%
- 5Y*
- 9.91%
- 10Y*
- —
EXS2.DE
- 1D
- 0.52%
- 1M
- 10.24%
- YTD
- 15.70%
- 6M
- 16.12%
- 1Y
- 5.55%
- 3Y*
- 8.54%
- 5Y*
- 3.72%
- 10Y*
- 9.01%
EDM4.DE vs. EXS2.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
EDM4.DE iShares MSCI EMU ESG Enhanced UCITS ETF EUR Acc | 8.82% | 22.13% | 9.89% | 18.31% | -12.80% | 22.20% | 1.30% | 8.96% |
EXS2.DE iShares TecDAX UCITS ETF (DE) | 15.70% | 5.33% | 1.63% | 13.54% | -26.00% | 21.07% | 6.12% | 6.64% |
Correlation
The correlation between EDM4.DE and EXS2.DE is 0.72, 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 | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Apr 17, 2019 | 0.71 |
The correlation between EDM4.DE and EXS2.DE has been stable across timeframes, ranging from 0.71 to 0.80 - 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
EDM4.DE vs. EXS2.DE — Risk / Return Rank
EDM4.DE
EXS2.DE
EDM4.DE vs. EXS2.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EMU ESG Enhanced UCITS ETF EUR Acc (EDM4.DE) and iShares TecDAX UCITS ETF (DE) (EXS2.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.
| EDM4.DE | EXS2.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.80 | ||
| Sortino ratioReturn per unit of downside risk | +1.13 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.07 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.61 | 0.40 | +1.21 |
| Martin ratioReturn relative to average drawdown | 5.81 | 0.80 | +5.01 |
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
| EDM4.DE | EXS2.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.17 | 0.36 | +0.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.20 | +0.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.46 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.14 | +0.44 |
Drawdowns
EDM4.DE vs. EXS2.DE - Drawdown Comparison
The maximum EDM4.DE drawdown since its inception was -35.27%, smaller than the maximum EXS2.DE drawdown of -84.49%. Use the drawdown chart below to compare losses from any high point for EDM4.DE and EXS2.DE.
Loading charts...
Drawdown Indicators
| EDM4.DE | EXS2.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.27% | -84.49% | +49.22% |
Max Drawdown (1Y)Largest decline over 1 year | -10.78% | -16.12% | +5.34% |
Max Drawdown (3Y)Largest decline over 3 years | -15.08% | -17.93% | +2.85% |
Max Drawdown (5Y)Largest decline over 5 years | -25.24% | -34.97% | +9.73% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.97% | — |
Current DrawdownCurrent decline from peak | -0.39% | -0.81% | +0.42% |
Average DrawdownAverage peak-to-trough decline | -5.64% | -39.46% | +33.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.00% | 8.07% | -5.07% |
Volatility
EDM4.DE vs. EXS2.DE - Volatility Comparison
The current volatility for iShares MSCI EMU ESG Enhanced UCITS ETF EUR Acc (EDM4.DE) is 4.75%, while iShares TecDAX UCITS ETF (DE) (EXS2.DE) has a volatility of 5.29%. This indicates that EDM4.DE experiences smaller price fluctuations and is considered to be less risky than EXS2.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EDM4.DE | EXS2.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.75% | 5.29% | -0.54% |
Volatility (6M)Calculated over the trailing 6-month period | 12.28% | 14.25% | -1.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.93% | 17.83% | -2.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.32% | 18.80% | -2.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.07% | 19.47% | -1.40% |
EDM4.DE vs. EXS2.DE - Expense Ratio Comparison
EDM4.DE has a 0.12% expense ratio, which is lower than EXS2.DE's 0.51% expense ratio.
Dividends
EDM4.DE vs. EXS2.DE - Dividend Comparison
Neither EDM4.DE nor EXS2.DE has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EDM4.DE iShares MSCI EMU ESG Enhanced UCITS ETF EUR 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% |
EXS2.DE iShares TecDAX UCITS ETF (DE) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.15% | 0.25% | 0.36% |
Frequently Asked Questions
EDM4.DE and EXS2.DE have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EDM4.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EDM4.DE is cheaper with a 0.12% expense ratio, compared with 0.51% for EXS2.DE.
EDM4.DE tracks MSCI EMU ESG Enhanced Focus, while EXS2.DE tracks TecDAX®. Their fees differ too: 0.12% for EDM4.DE and 0.51% for EXS2.DE.
Find the right allocation for EDM4.DE and EXS2.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