EDM4.DE vs. SLQX.DE
EDM4.DE (iShares MSCI EMU ESG Enhanced UCITS ETF EUR Acc) and SLQX.DE (Expat Slovenia SBI TOP UCITS ETF) are both Europe Equities funds - EDM4.DE tracks the MSCI EMU ESG Enhanced Focus while SLQX.DE tracks the SBI TOP Index. Both are passively managed. Over the past 5 years, EDM4.DE returned 10.17%/yr vs 23.41%/yr for SLQX.DE. At a 0.12 correlation, their price movements are largely independent. EDM4.DE charges 0.12%/yr vs 1.38%/yr for SLQX.DE.
Performance
EDM4.DE vs. SLQX.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EDM4.DE achieves a 9.70% return, which is significantly lower than SLQX.DE's 26.72% return.
EDM4.DE
- 1D
- -0.77%
- 1M
- -2.46%
- 6M
- 6.52%
- YTD
- 9.70%
- 1Y
- 18.69%
- 3Y*
- 14.98%
- 5Y*
- 10.17%
- 10Y*
- —
SLQX.DE
- 1D
- 0.30%
- 1M
- 5.73%
- 6M
- 16.08%
- YTD
- 26.72%
- 1Y
- 30.20%
- 3Y*
- 36.69%
- 5Y*
- 23.41%
- 10Y*
- —
EDM4.DE vs. SLQX.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
EDM4.DE iShares MSCI EMU ESG Enhanced UCITS ETF EUR Acc | 9.70% | 22.14% | 9.87% | 18.47% | -12.85% | 22.20% | 1.28% | 8.96% |
SLQX.DE Expat Slovenia SBI TOP UCITS ETF | 26.72% | 46.37% | 33.58% | 16.52% | -10.85% | 43.83% | -3.91% | 3.80% |
Correlation
The correlation between EDM4.DE and SLQX.DE is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Apr 16, 2019 | 0.12 |
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Return for Risk
EDM4.DE vs. SLQX.DE — Risk / Return Rank
EDM4.DE
SLQX.DE
EDM4.DE vs. SLQX.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 Expat Slovenia SBI TOP UCITS ETF (SLQX.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.
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.
| EDM4.DE | SLQX.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.11 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.28 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.70 | 2.28 | -0.58 |
| Martin ratioReturn relative to average drawdown | 6.17 | 5.48 | +0.68 |
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Drawdowns
EDM4.DE vs. SLQX.DE - Drawdown Comparison
The maximum EDM4.DE drawdown since its inception was -37.39%, which is greater than SLQX.DE's maximum drawdown of -34.33%. Use the drawdown chart below to compare losses from any high point for EDM4.DE and SLQX.DE.
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Drawdown Indicators
| EDM4.DE | SLQX.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.39% | -34.33% | -3.06% |
Max Drawdown (1Y)Largest decline over 1 year | -10.78% | -12.32% | +1.54% |
Max Drawdown (3Y)Largest decline over 3 years | -15.07% | -12.39% | -2.68% |
Max Drawdown (5Y)Largest decline over 5 years | -25.22% | -24.09% | -1.13% |
Current DrawdownCurrent decline from peak | -2.92% | 0.00% | -2.92% |
Average DrawdownAverage peak-to-trough decline | -5.56% | -8.99% | +3.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.98% | 5.13% | -2.15% |
Volatility
EDM4.DE vs. SLQX.DE - Volatility Comparison
iShares MSCI EMU ESG Enhanced UCITS ETF EUR Acc (EDM4.DE) has a higher volatility of 3.84% compared to Expat Slovenia SBI TOP UCITS ETF (SLQX.DE) at 3.26%. This indicates that EDM4.DE's price experiences larger fluctuations and is considered to be riskier than SLQX.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EDM4.DE | SLQX.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.84% | 3.26% | +0.58% |
Volatility (6M)Calculated over the trailing 6-month period | 12.77% | 16.07% | -3.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.04% | 21.11% | -6.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.36% | 18.40% | -2.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.23% | 17.91% | +0.32% |
EDM4.DE vs. SLQX.DE - Expense Ratio Comparison
EDM4.DE has a 0.12% expense ratio, which is lower than SLQX.DE's 1.38% expense ratio.
Dividends
EDM4.DE vs. SLQX.DE - Dividend Comparison
Neither EDM4.DE nor SLQX.DE has paid dividends to shareholders.
Frequently Asked Questions
EDM4.DE and SLQX.DE have a correlation of 0.18, 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 1.38% for SLQX.DE.
EDM4.DE tracks MSCI EMU ESG Enhanced Focus, while SLQX.DE tracks SBI TOP Index. They also come from different issuers: iShares and Expat. Their fees differ too: 0.12% for EDM4.DE and 1.38% for SLQX.DE.
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