EEDM.L vs. EMVL.L
EEDM.L (iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist)) and EMVL.L (iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc)) are both Emerging Markets Equities funds from iShares - EEDM.L tracks the MSCI EM ESG Enhanced CTB Index while EMVL.L tracks the MSCI EM NR USD. Both are passively managed. Over the past 5 years, EEDM.L returned 6.14%/yr vs 15.16%/yr for EMVL.L. Their correlation of 0.91 suggests significant overlap in exposure. EEDM.L charges 0.18%/yr vs 0.40%/yr for EMVL.L.
Performance
EEDM.L vs. EMVL.L - Performance Comparison
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Returns By Period
In the year-to-date period, EEDM.L achieves a 17.95% return, which is significantly lower than EMVL.L's 31.45% return.
EEDM.L
- 1D
- -0.97%
- 1M
- -7.35%
- 6M
- 12.82%
- YTD
- 17.95%
- 1Y
- 33.86%
- 3Y*
- 19.43%
- 5Y*
- 6.14%
- 10Y*
- —
EMVL.L
- 1D
- -1.18%
- 1M
- -9.38%
- 6M
- 23.78%
- YTD
- 31.45%
- 1Y
- 56.66%
- 3Y*
- 31.82%
- 5Y*
- 15.16%
- 10Y*
- —
EEDM.L vs. EMVL.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% |
EMVL.L iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) | 31.45% | 43.13% | 14.49% | 18.37% | -16.29% | 5.29% | 7.72% | 9.29% |
Correlation
The correlation between EEDM.L and EMVL.L is 0.92, 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 | 0.92 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 2019 | 0.91 |
The correlation between EEDM.L and EMVL.L has been stable across timeframes, ranging from 0.91 to 0.92 - a consistent structural relationship.
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Return for Risk
EEDM.L vs. EMVL.L — Risk / Return Rank
EEDM.L
EMVL.L
EEDM.L vs. EMVL.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 Edge MSCI EM Value Factor UCITS ETF USD(Acc) (EMVL.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 | EMVL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.84 | ||
| Sortino ratioReturn per unit of downside risk | -0.79 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.41 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 2.50 | 4.51 | -2.02 |
| Martin ratioReturn relative to average drawdown | 7.99 | 12.55 | -4.56 |
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Drawdowns
EEDM.L vs. EMVL.L - Drawdown Comparison
The maximum EEDM.L drawdown since its inception was -40.90%, which is greater than EMVL.L's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for EEDM.L and EMVL.L.
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Drawdown Indicators
| EEDM.L | EMVL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.90% | -34.95% | -5.95% |
Max Drawdown (1Y)Largest decline over 1 year | -13.41% | -12.49% | -0.92% |
Max Drawdown (3Y)Largest decline over 3 years | -16.97% | -16.42% | -0.55% |
Max Drawdown (5Y)Largest decline over 5 years | -36.39% | -31.61% | -4.78% |
Current DrawdownCurrent decline from peak | -9.31% | -12.45% | +3.14% |
Average DrawdownAverage peak-to-trough decline | -16.32% | -9.51% | -6.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.20% | 4.50% | -0.30% |
Volatility
EEDM.L vs. EMVL.L - Volatility Comparison
The current volatility for iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist) (EEDM.L) is 9.13%, while iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) (EMVL.L) has a volatility of 10.34%. This indicates that EEDM.L experiences smaller price fluctuations and is considered to be less risky than EMVL.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 | EMVL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.13% | 10.34% | -1.21% |
Volatility (6M)Calculated over the trailing 6-month period | 19.95% | 21.31% | -1.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.88% | 23.82% | -1.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.46% | 20.71% | -1.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.79% | 21.39% | -0.60% |
EEDM.L vs. EMVL.L - Expense Ratio Comparison
EEDM.L has a 0.18% expense ratio, which is lower than EMVL.L's 0.40% expense ratio.
Dividends
EEDM.L vs. EMVL.L - Dividend Comparison
EEDM.L's dividend yield for the trailing twelve months is around 1.65%, while EMVL.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% |
EMVL.L iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.92, EEDM.L and EMVL.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.
On fees, EEDM.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EEDM.L is cheaper with a 0.18% expense ratio, compared with 0.40% for EMVL.L.
EEDM.L tracks MSCI EM ESG Enhanced CTB Index, while EMVL.L tracks MSCI EM NR USD. Their fees differ too: 0.18% for EEDM.L and 0.40% for EMVL.L.
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