EDMW.DE vs. IQQ0.DE
EDMW.DE (iShares MSCI World ESG Enhanced UCITS ETF USD (Acc)) and IQQ0.DE (iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc)) are both Global Equities funds from iShares - EDMW.DE tracks the MSCI World ESG Enhanced Focus while IQQ0.DE tracks the MSCI World Minimum Volatility. Both are passively managed. Over the past 5 years, EDMW.DE returned 11.55%/yr vs 6.14%/yr for IQQ0.DE. A 0.72 correlation means they provide meaningful diversification when combined. EDMW.DE charges 0.20%/yr vs 0.30%/yr for IQQ0.DE.
Performance
EDMW.DE vs. IQQ0.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EDMW.DE achieves a 10.19% return, which is significantly higher than IQQ0.DE's 1.59% return.
EDMW.DE
- 1D
- 0.06%
- 1M
- 3.69%
- YTD
- 10.19%
- 6M
- 10.25%
- 1Y
- 21.91%
- 3Y*
- 16.27%
- 5Y*
- 11.55%
- 10Y*
- —
IQQ0.DE
- 1D
- -0.02%
- 1M
- 1.81%
- YTD
- 1.59%
- 6M
- 1.63%
- 1Y
- 0.25%
- 3Y*
- 6.35%
- 5Y*
- 6.14%
- 10Y*
- 6.81%
EDMW.DE vs. IQQ0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
EDMW.DE iShares MSCI World ESG Enhanced UCITS ETF USD (Acc) | 10.19% | 6.42% | 25.12% | 18.98% | -15.82% | 33.40% | 6.84% | 12.25% |
IQQ0.DE iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc) | 1.59% | -1.26% | 17.64% | 3.73% | -4.34% | 24.26% | -6.77% | 12.40% |
Correlation
The correlation between EDMW.DE and IQQ0.DE is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Apr 23, 2019 | 0.72 |
Over the past year, the correlation between EDMW.DE and IQQ0.DE has dropped to 0.36 - well below their long-term average of 0.72, suggesting their price drivers have been diverging.
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Return for Risk
EDMW.DE vs. IQQ0.DE — Risk / Return Rank
EDMW.DE
IQQ0.DE
EDMW.DE vs. IQQ0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World ESG Enhanced UCITS ETF USD (Acc) (EDMW.DE) and iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc) (IQQ0.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.
| EDMW.DE | IQQ0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.96 | ||
| Sortino ratioReturn per unit of downside risk | +2.70 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.00 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 3.07 | -0.05 | +3.12 |
| Martin ratioReturn relative to average drawdown | 12.11 | -0.12 | +12.22 |
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
| EDMW.DE | IQQ0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.93 | -0.04 | +1.96 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.80 | 0.60 | +0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.58 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.78 | 0.76 | +0.02 |
Drawdowns
EDMW.DE vs. IQQ0.DE - Drawdown Comparison
The maximum EDMW.DE drawdown since its inception was -33.12%, which is greater than IQQ0.DE's maximum drawdown of -28.65%. Use the drawdown chart below to compare losses from any high point for EDMW.DE and IQQ0.DE.
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Drawdown Indicators
| EDMW.DE | IQQ0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.12% | -28.65% | -4.47% |
Max Drawdown (1Y)Largest decline over 1 year | -7.18% | -5.22% | -1.96% |
Max Drawdown (3Y)Largest decline over 3 years | -21.20% | -12.82% | -8.38% |
Max Drawdown (5Y)Largest decline over 5 years | -21.20% | -12.82% | -8.38% |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.65% | — |
Current DrawdownCurrent decline from peak | -0.32% | -6.65% | +6.33% |
Average DrawdownAverage peak-to-trough decline | -5.12% | -4.54% | -0.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.82% | 2.44% | -0.62% |
Volatility
EDMW.DE vs. IQQ0.DE - Volatility Comparison
iShares MSCI World ESG Enhanced UCITS ETF USD (Acc) (EDMW.DE) has a higher volatility of 2.75% compared to iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc) (IQQ0.DE) at 2.53%. This indicates that EDMW.DE's price experiences larger fluctuations and is considered to be riskier than IQQ0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EDMW.DE | IQQ0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.75% | 2.53% | +0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 7.83% | 5.36% | +2.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.41% | 7.78% | +3.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.23% | 10.08% | +4.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.27% | 11.62% | +4.65% |
EDMW.DE vs. IQQ0.DE - Expense Ratio Comparison
EDMW.DE has a 0.20% expense ratio, which is lower than IQQ0.DE's 0.30% expense ratio.
Dividends
EDMW.DE vs. IQQ0.DE - Dividend Comparison
Neither EDMW.DE nor IQQ0.DE has paid dividends to shareholders.
Frequently Asked Questions
EDMW.DE and IQQ0.DE have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EDMW.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EDMW.DE is cheaper with a 0.20% expense ratio, compared with 0.30% for IQQ0.DE.
EDMW.DE tracks MSCI World ESG Enhanced Focus, while IQQ0.DE tracks MSCI World Minimum Volatility. Their fees differ too: 0.20% for EDMW.DE and 0.30% for IQQ0.DE.
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