EEDM.L vs. EIMI.L
EEDM.L (iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist)) and EIMI.L (iShares Core MSCI EM IMI UCITS ETF) are both Emerging Markets Equities funds from iShares - EEDM.L tracks the MSCI EM ESG Enhanced CTB Index while EIMI.L tracks the MSCI Emerging Markets Investable Market Index. Both are passively managed. Over the past 5 years, EEDM.L returned 6.14%/yr vs 7.21%/yr for EIMI.L. With a 0.97 correlation, they move nearly in lockstep. Both charge a 0.18% expense ratio.
Performance
EEDM.L vs. EIMI.L - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with EEDM.L having a 17.95% return and EIMI.L slightly higher at 18.64%.
EEDM.L
- 1D
- -0.97%
- 1M
- -7.35%
- 6M
- 12.82%
- YTD
- 17.95%
- 1Y
- 33.86%
- 3Y*
- 19.43%
- 5Y*
- 6.14%
- 10Y*
- —
EIMI.L
- 1D
- -0.30%
- 1M
- -6.07%
- 6M
- 13.34%
- YTD
- 18.64%
- 1Y
- 34.63%
- 3Y*
- 19.30%
- 5Y*
- 7.21%
- 10Y*
- 9.25%
EEDM.L vs. EIMI.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
EEDM.L iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist) | 17.95% | 35.48% | 6.70% | 8.18% | -21.69% | -2.85% | 19.76% | 7.14% |
EIMI.L iShares Core MSCI EM IMI UCITS ETF | 18.64% | 32.16% | 7.36% | 11.03% | -19.67% | -0.65% | 18.80% | 8.44% |
Correlation
The correlation between EEDM.L and EIMI.L is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.99 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.98 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.97 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 2019 | 0.97 |
The correlation between EEDM.L and EIMI.L has been stable across timeframes, ranging from 0.97 to 0.99 - a consistent structural relationship.
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Return for Risk
EEDM.L vs. EIMI.L — Risk / Return Rank
EEDM.L
EIMI.L
EEDM.L vs. EIMI.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist) (EEDM.L) and iShares Core MSCI EM IMI UCITS ETF (EIMI.L). 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.
| EEDM.L | EIMI.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.30 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.50 | 2.72 | -0.23 |
| Martin ratioReturn relative to average drawdown | 7.99 | 8.68 | -0.69 |
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Drawdowns
EEDM.L vs. EIMI.L - Drawdown Comparison
The maximum EEDM.L drawdown since its inception was -40.90%, which is greater than EIMI.L's maximum drawdown of -38.73%. Use the drawdown chart below to compare losses from any high point for EEDM.L and EIMI.L.
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Drawdown Indicators
| EEDM.L | EIMI.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.90% | -38.73% | -2.17% |
Max Drawdown (1Y)Largest decline over 1 year | -13.41% | -12.66% | -0.75% |
Max Drawdown (3Y)Largest decline over 3 years | -16.97% | -17.44% | +0.47% |
Max Drawdown (5Y)Largest decline over 5 years | -36.39% | -33.69% | -2.70% |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.73% | — |
Current DrawdownCurrent decline from peak | -9.31% | -7.71% | -1.60% |
Average DrawdownAverage peak-to-trough decline | -16.32% | -13.92% | -2.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.20% | 3.98% | +0.22% |
Volatility
EEDM.L vs. EIMI.L - Volatility Comparison
iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist) (EEDM.L) has a higher volatility of 9.13% compared to iShares Core MSCI EM IMI UCITS ETF (EIMI.L) at 8.59%. This indicates that EEDM.L's price experiences larger fluctuations and is considered to be riskier than EIMI.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EEDM.L | EIMI.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.13% | 8.59% | +0.54% |
Volatility (6M)Calculated over the trailing 6-month period | 19.95% | 19.48% | +0.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.88% | 21.43% | +0.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.46% | 18.83% | +0.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.79% | 19.22% | +1.57% |
EEDM.L vs. EIMI.L - Expense Ratio Comparison
Both EEDM.L and EIMI.L have an expense ratio of 0.18%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
EEDM.L vs. EIMI.L - Dividend Comparison
EEDM.L's dividend yield for the trailing twelve months is around 1.65%, while EIMI.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
EEDM.L iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist) | 1.65% | 1.89% | 2.37% | 2.37% | 2.59% | 1.97% | 1.54% | 0.05% |
EIMI.L iShares Core MSCI EM IMI UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.99, EEDM.L and EIMI.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Both ETFs have the same 0.18% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
EEDM.L and EIMI.L have the same expense ratio: 0.18% per year.
EEDM.L tracks MSCI EM ESG Enhanced CTB Index, while EIMI.L tracks MSCI Emerging Markets Investable Market Index.
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