EDM6.DE vs. IS3N.DE
EDM6.DE (iShares MSCI Europe ESG Enhanced UCITS ETF EUR Acc) and IS3N.DE (iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc)) are both exchange-traded funds - EDM6.DE is a Europe Equities fund tracking the MSCI Europe ESG Enhanced Focus, while IS3N.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Investable Market (IMI). Both are passively managed. Over the past 5 years, EDM6.DE returned 8.72%/yr vs 8.61%/yr for IS3N.DE. A 0.60 correlation means they provide meaningful diversification when combined. EDM6.DE charges 0.12%/yr vs 0.18%/yr for IS3N.DE.
Performance
EDM6.DE vs. IS3N.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 IS3N.DE's 25.82% 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*
- —
IS3N.DE
- 1D
- -1.45%
- 1M
- 3.11%
- YTD
- 25.82%
- 6M
- 26.34%
- 1Y
- 45.77%
- 3Y*
- 19.99%
- 5Y*
- 8.61%
- 10Y*
- 10.00%
EDM6.DE vs. IS3N.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
EDM6.DE iShares MSCI Europe ESG Enhanced UCITS ETF EUR Acc | 7.51% | 17.44% | 8.39% | 15.68% | -12.34% | 25.49% | -1.54% | 10.00% |
IS3N.DE iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) | 25.82% | 17.14% | 13.87% | 7.20% | -14.09% | 7.38% | 7.07% | 5.35% |
Correlation
The correlation between EDM6.DE and IS3N.DE is 0.61, 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 | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Apr 17, 2019 | 0.60 |
The correlation between EDM6.DE and IS3N.DE has been stable across timeframes, ranging from 0.59 to 0.61 - a consistent structural relationship.
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Return for Risk
EDM6.DE vs. IS3N.DE — Risk / Return Rank
EDM6.DE
IS3N.DE
EDM6.DE vs. IS3N.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 iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.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 | IS3N.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.49 | ||
| Sortino ratioReturn per unit of downside risk | -1.82 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.49 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | 1.59 | 4.42 | -2.83 |
| Martin ratioReturn relative to average drawdown | 5.63 | 16.00 | -10.38 |
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 | IS3N.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.20 | 2.69 | -1.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.53 | +0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.44 | +0.12 |
Drawdowns
EDM6.DE vs. IS3N.DE - Drawdown Comparison
The maximum EDM6.DE drawdown since its inception was -34.98%, roughly equal to the maximum IS3N.DE drawdown of -35.06%. Use the drawdown chart below to compare losses from any high point for EDM6.DE and IS3N.DE.
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Drawdown Indicators
| EDM6.DE | IS3N.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.98% | -35.06% | +0.08% |
Max Drawdown (1Y)Largest decline over 1 year | -10.01% | -10.52% | +0.51% |
Max Drawdown (3Y)Largest decline over 3 years | -16.46% | -19.17% | +2.71% |
Max Drawdown (5Y)Largest decline over 5 years | -21.81% | -22.01% | +0.20% |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.51% | — |
Current DrawdownCurrent decline from peak | -1.56% | -2.49% | +0.93% |
Average DrawdownAverage peak-to-trough decline | -5.25% | -9.30% | +4.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.84% | 2.91% | -0.07% |
Volatility
EDM6.DE vs. IS3N.DE - Volatility Comparison
The current volatility for iShares MSCI Europe ESG Enhanced UCITS ETF EUR Acc (EDM6.DE) is 4.40%, while iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (IS3N.DE) has a volatility of 7.16%. This indicates that EDM6.DE experiences smaller price fluctuations and is considered to be less risky than IS3N.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 | IS3N.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.40% | 7.16% | -2.76% |
Volatility (6M)Calculated over the trailing 6-month period | 10.81% | 14.69% | -3.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.26% | 17.32% | -4.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.47% | 16.19% | -1.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.49% | 18.04% | -1.55% |
EDM6.DE vs. IS3N.DE - Expense Ratio Comparison
EDM6.DE has a 0.12% expense ratio, which is lower than IS3N.DE's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EDM6.DE vs. IS3N.DE - Dividend Comparison
Neither EDM6.DE nor IS3N.DE has paid dividends to shareholders.
Frequently Asked Questions
EDM6.DE and IS3N.DE have a correlation of 0.61, 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 0.18% for IS3N.DE.
EDM6.DE is categorized as Europe Equities, while IS3N.DE is Emerging Markets Equities. EDM6.DE tracks MSCI Europe ESG Enhanced Focus, while IS3N.DE tracks MSCI Emerging Markets Investable Market (IMI). Their fees differ too: 0.12% for EDM6.DE and 0.18% for IS3N.DE.
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