EDM6.DE vs. FTGE.DE
EDM6.DE (iShares MSCI Europe ESG Enhanced UCITS ETF EUR Acc) and FTGE.DE (First Trust Eurozone AlphaDEX UCITS ETF Acc) are both Europe Equities funds - EDM6.DE tracks the MSCI Europe ESG Enhanced Focus while FTGE.DE tracks the Nasdaq AlphaDEX® Eurozone. Both are passively managed. Over the past 5 years, EDM6.DE returned 8.72%/yr vs 11.59%/yr for FTGE.DE. Their correlation of 0.86 suggests significant overlap in exposure. EDM6.DE charges 0.12%/yr vs 0.65%/yr for FTGE.DE.
Performance
EDM6.DE vs. FTGE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EDM6.DE achieves a 7.51% return, which is significantly lower than FTGE.DE's 13.73% return.
EDM6.DE
- 1D
- 0.53%
- 1M
- 1.24%
- YTD
- 7.51%
- 6M
- 10.13%
- 1Y
- 15.70%
- 3Y*
- 12.88%
- 5Y*
- 8.72%
- 10Y*
- —
FTGE.DE
- 1D
- 0.51%
- 1M
- 0.87%
- YTD
- 13.73%
- 6M
- 16.65%
- 1Y
- 29.62%
- 3Y*
- 22.56%
- 5Y*
- 11.59%
- 10Y*
- —
EDM6.DE vs. FTGE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EDM6.DE iShares MSCI Europe ESG Enhanced UCITS ETF EUR Acc | 7.51% | 17.44% | 8.39% | 15.68% | -12.34% | 25.49% | 18.38% |
FTGE.DE First Trust Eurozone AlphaDEX UCITS ETF Acc | 13.73% | 39.79% | 9.52% | 12.43% | -14.37% | 20.47% | 24.16% |
Correlation
The correlation between EDM6.DE and FTGE.DE is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since May 19, 2020 | 0.86 |
The correlation between EDM6.DE and FTGE.DE has been stable across timeframes, ranging from 0.79 to 0.86 - a consistent structural relationship.
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Return for Risk
EDM6.DE vs. FTGE.DE — Risk / Return Rank
EDM6.DE
FTGE.DE
EDM6.DE vs. FTGE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe ESG Enhanced UCITS ETF EUR Acc (EDM6.DE) and First Trust Eurozone AlphaDEX UCITS ETF Acc (FTGE.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.
| EDM6.DE | FTGE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.96 | ||
| Sortino ratioReturn per unit of downside risk | -1.18 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.40 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.59 | 3.27 | -1.68 |
| Martin ratioReturn relative to average drawdown | 5.63 | 12.30 | -6.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EDM6.DE | FTGE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.20 | 2.16 | -0.96 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.65 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.88 | -0.32 |
Drawdowns
EDM6.DE vs. FTGE.DE - Drawdown Comparison
The maximum EDM6.DE drawdown since its inception was -34.98%, which is greater than FTGE.DE's maximum drawdown of -26.63%. Use the drawdown chart below to compare losses from any high point for EDM6.DE and FTGE.DE.
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Drawdown Indicators
| EDM6.DE | FTGE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.98% | -26.63% | -8.35% |
Max Drawdown (1Y)Largest decline over 1 year | -10.01% | -9.38% | -0.63% |
Max Drawdown (3Y)Largest decline over 3 years | -16.46% | -16.12% | -0.34% |
Max Drawdown (5Y)Largest decline over 5 years | -21.81% | -26.63% | +4.82% |
Current DrawdownCurrent decline from peak | -1.56% | 0.00% | -1.56% |
Average DrawdownAverage peak-to-trough decline | -5.25% | -5.40% | +0.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.84% | 2.50% | +0.34% |
Volatility
EDM6.DE vs. FTGE.DE - Volatility Comparison
iShares MSCI Europe ESG Enhanced UCITS ETF EUR Acc (EDM6.DE) has a higher volatility of 4.40% compared to First Trust Eurozone AlphaDEX UCITS ETF Acc (FTGE.DE) at 3.83%. This indicates that EDM6.DE's price experiences larger fluctuations and is considered to be riskier than FTGE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EDM6.DE | FTGE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.40% | 3.83% | +0.57% |
Volatility (6M)Calculated over the trailing 6-month period | 10.81% | 11.63% | -0.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.26% | 14.23% | -0.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.47% | 17.58% | -3.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.49% | 18.41% | -1.92% |
EDM6.DE vs. FTGE.DE - Expense Ratio Comparison
EDM6.DE has a 0.12% expense ratio, which is lower than FTGE.DE's 0.65% expense ratio.
Dividends
EDM6.DE vs. FTGE.DE - Dividend Comparison
Neither EDM6.DE nor FTGE.DE has paid dividends to shareholders.
Frequently Asked Questions
EDM6.DE and FTGE.DE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EDM6.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EDM6.DE is cheaper with a 0.12% expense ratio, compared with 0.65% for FTGE.DE.
EDM6.DE tracks MSCI Europe ESG Enhanced Focus, while FTGE.DE tracks Nasdaq AlphaDEX® Eurozone. They also come from different issuers: iShares and First Trust. Their fees differ too: 0.12% for EDM6.DE and 0.65% for FTGE.DE.
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