EEDM.L vs. MKUW.L
EEDM.L (iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist)) and MKUW.L (Invesco MSCI Kuwait UCITS ETF USD (Acc)) are both Emerging Markets Equities funds - EEDM.L tracks the MSCI EM ESG Enhanced CTB Index while MKUW.L tracks the MSCI Kuwait 20/35 Index. Both are passively managed. Over the past 5 years, EEDM.L returned 5.67%/yr vs 7.19%/yr for MKUW.L. At a 0.21 correlation, their price movements are largely independent. EEDM.L charges 0.18%/yr vs 0.50%/yr for MKUW.L.
Performance
EEDM.L vs. MKUW.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EEDM.L achieves a 15.41% return, which is significantly higher than MKUW.L's 0.15% return.
EEDM.L
- 1D
- -1.89%
- 1M
- -9.56%
- 6M
- 10.23%
- YTD
- 15.41%
- 1Y
- 29.68%
- 3Y*
- 18.64%
- 5Y*
- 5.67%
- 10Y*
- —
MKUW.L
- 1D
- -0.06%
- 1M
- -2.04%
- 6M
- 1.18%
- YTD
- 0.15%
- 1Y
- 3.43%
- 3Y*
- 7.89%
- 5Y*
- 7.19%
- 10Y*
- —
EEDM.L vs. MKUW.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) | 15.41% | 35.48% | 6.70% | 8.18% | -21.69% | -2.85% | 19.76% | 7.14% |
MKUW.L Invesco MSCI Kuwait UCITS ETF USD (Acc) | 0.15% | 25.35% | 9.15% | -8.87% | 5.99% | 28.57% | -9.88% | 10.35% |
Correlation
The correlation between EEDM.L and MKUW.L is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 2019 | 0.21 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EEDM.L vs. MKUW.L — Risk / Return Rank
EEDM.L
MKUW.L
EEDM.L vs. MKUW.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 Invesco MSCI Kuwait UCITS ETF USD (Acc) (MKUW.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 | MKUW.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.01 | ||
| Sortino ratioReturn per unit of downside risk | +1.34 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.07 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 2.20 | 0.46 | +1.75 |
| Martin ratioReturn relative to average drawdown | 6.95 | 1.05 | +5.90 |
Loading charts...
Drawdowns
EEDM.L vs. MKUW.L - Drawdown Comparison
The maximum EEDM.L drawdown since its inception was -40.90%, which is greater than MKUW.L's maximum drawdown of -37.76%. Use the drawdown chart below to compare losses from any high point for EEDM.L and MKUW.L.
Loading charts...
Drawdown Indicators
| EEDM.L | MKUW.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.90% | -37.76% | -3.14% |
Max Drawdown (1Y)Largest decline over 1 year | -13.41% | -7.47% | -5.94% |
Max Drawdown (3Y)Largest decline over 3 years | -16.97% | -14.16% | -2.81% |
Max Drawdown (5Y)Largest decline over 5 years | -36.39% | -25.13% | -11.26% |
Current DrawdownCurrent decline from peak | -11.26% | -3.60% | -7.66% |
Average DrawdownAverage peak-to-trough decline | -16.32% | -9.42% | -6.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.26% | 3.26% | +1.00% |
Volatility
EEDM.L vs. MKUW.L - Volatility Comparison
iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist) (EEDM.L) has a higher volatility of 9.16% compared to Invesco MSCI Kuwait UCITS ETF USD (Acc) (MKUW.L) at 1.71%. This indicates that EEDM.L's price experiences larger fluctuations and is considered to be riskier than MKUW.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EEDM.L | MKUW.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.16% | 1.71% | +7.45% |
Volatility (6M)Calculated over the trailing 6-month period | 20.04% | 8.01% | +12.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.98% | 10.26% | +11.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.47% | 12.76% | +6.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.80% | 16.49% | +4.31% |
EEDM.L vs. MKUW.L - Expense Ratio Comparison
EEDM.L has a 0.18% expense ratio, which is lower than MKUW.L's 0.50% expense ratio.
Dividends
EEDM.L vs. MKUW.L - Dividend Comparison
EEDM.L's dividend yield for the trailing twelve months is around 1.69%, while MKUW.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) | 1.69% | 1.89% | 2.37% | 2.37% | 2.59% | 1.97% | 1.54% | 0.05% |
MKUW.L Invesco MSCI Kuwait UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EEDM.L and MKUW.L have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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 0.50% for MKUW.L.
EEDM.L tracks MSCI EM ESG Enhanced CTB Index, while MKUW.L tracks MSCI Kuwait 20/35 Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.18% for EEDM.L and 0.50% for MKUW.L.
Find the right allocation for EEDM.L and MKUW.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer