EDM6.DE vs. SXR8.DE
Compare and contrast key facts about iShares MSCI Europe ESG Enhanced UCITS ETF EUR Acc (EDM6.DE) and iShares Core S&P 500 UCITS ETF USD (Acc) (SXR8.DE).
EDM6.DE and SXR8.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EDM6.DE is a passively managed fund by iShares that tracks the performance of the MSCI Europe ESG Enhanced Focus. It was launched on Apr 16, 2019. SXR8.DE is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 19, 2010. Both EDM6.DE and SXR8.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EDM6.DE or SXR8.DE.
Correlation
The correlation between EDM6.DE and SXR8.DE is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
EDM6.DE vs. SXR8.DE - Performance Comparison
Key characteristics
EDM6.DE:
1.49
SXR8.DE:
2.12
EDM6.DE:
2.07
SXR8.DE:
2.92
EDM6.DE:
1.26
SXR8.DE:
1.42
EDM6.DE:
2.30
SXR8.DE:
3.26
EDM6.DE:
6.86
SXR8.DE:
14.16
EDM6.DE:
2.35%
SXR8.DE:
1.90%
EDM6.DE:
10.84%
SXR8.DE:
12.70%
EDM6.DE:
-34.98%
SXR8.DE:
-33.78%
EDM6.DE:
0.00%
SXR8.DE:
0.00%
Returns By Period
In the year-to-date period, EDM6.DE achieves a 7.31% return, which is significantly higher than SXR8.DE's 3.87% return.
EDM6.DE
7.31%
3.35%
5.02%
12.91%
7.33%
N/A
SXR8.DE
3.87%
0.50%
17.42%
26.77%
15.16%
13.78%
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EDM6.DE vs. SXR8.DE - Expense Ratio Comparison
Both EDM6.DE and SXR8.DE have an expense ratio of 0.12%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
EDM6.DE vs. SXR8.DE — Risk-Adjusted Performance Rank
EDM6.DE
SXR8.DE
EDM6.DE vs. SXR8.DE - Risk-Adjusted Performance 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 S&P 500 UCITS ETF USD (Acc) (SXR8.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.
Dividends
EDM6.DE vs. SXR8.DE - Dividend Comparison
Neither EDM6.DE nor SXR8.DE has paid dividends to shareholders.
Drawdowns
EDM6.DE vs. SXR8.DE - Drawdown Comparison
The maximum EDM6.DE drawdown since its inception was -34.98%, roughly equal to the maximum SXR8.DE drawdown of -33.78%. Use the drawdown chart below to compare losses from any high point for EDM6.DE and SXR8.DE. For additional features, visit the drawdowns tool.
Volatility
EDM6.DE vs. SXR8.DE - Volatility Comparison
The current volatility for iShares MSCI Europe ESG Enhanced UCITS ETF EUR Acc (EDM6.DE) is 3.14%, while iShares Core S&P 500 UCITS ETF USD (Acc) (SXR8.DE) has a volatility of 3.73%. This indicates that EDM6.DE experiences smaller price fluctuations and is considered to be less risky than SXR8.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.