EEDM.L vs. SWDA.L
EEDM.L (iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist)) and SWDA.L (iShares Core MSCI World UCITS ETF USD (Acc)) are both exchange-traded funds - EEDM.L is a Emerging Markets Equities fund tracking the MSCI EM ESG Enhanced CTB Index, while SWDA.L is a Global Equities fund tracking the MSCI World Index. Both are passively managed. Over the past 5 years, EEDM.L returned 6.14%/yr vs 11.75%/yr for SWDA.L. A 0.67 correlation means they provide meaningful diversification when combined. EEDM.L charges 0.18%/yr vs 0.20%/yr for SWDA.L.
Performance
EEDM.L vs. SWDA.L - Performance Comparison
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Different Trading Currencies
EEDM.L is traded in USD, while SWDA.L is traded in GBp. To make them comparable, the SWDA.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, EEDM.L achieves a 17.95% return, which is significantly higher than SWDA.L's 10.59% 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*
- —
SWDA.L
- 1D
- 0.59%
- 1M
- 0.70%
- 6M
- 9.50%
- YTD
- 10.59%
- 1Y
- 22.47%
- 3Y*
- 19.10%
- 5Y*
- 11.75%
- 10Y*
- 13.08%
EEDM.L vs. SWDA.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% |
SWDA.L iShares Core MSCI World UCITS ETF USD (Acc) | 10.59% | 21.14% | 19.09% | 23.79% | -18.13% | 22.52% | 15.68% | 6.88% |
Correlation
The correlation between EEDM.L and SWDA.L is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 2019 | 0.67 |
The correlation between EEDM.L and SWDA.L has been stable across timeframes, ranging from 0.65 to 0.67 - a consistent structural relationship.
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Return for Risk
EEDM.L vs. SWDA.L — Risk / Return Rank
EEDM.L
SWDA.L
EEDM.L vs. SWDA.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 World UCITS ETF USD (Acc) (SWDA.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 | SWDA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.38 | ||
| Sortino ratioReturn per unit of downside risk | -0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.34 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.50 | 2.60 | -0.11 |
| Martin ratioReturn relative to average drawdown | 7.99 | 11.09 | -3.10 |
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Drawdowns
EEDM.L vs. SWDA.L - Drawdown Comparison
The maximum EEDM.L drawdown since its inception was -40.90%, smaller than the maximum SWDA.L drawdown of -45.69%. Use the drawdown chart below to compare losses from any high point for EEDM.L and SWDA.L.
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Drawdown Indicators
| EEDM.L | SWDA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.90% | -45.69% | +4.79% |
Max Drawdown (1Y)Largest decline over 1 year | -13.41% | -8.59% | -4.82% |
Max Drawdown (3Y)Largest decline over 3 years | -16.97% | -17.07% | +0.10% |
Max Drawdown (5Y)Largest decline over 5 years | -36.39% | -26.50% | -9.89% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.61% | — |
Current DrawdownCurrent decline from peak | -9.31% | 0.00% | -9.31% |
Average DrawdownAverage peak-to-trough decline | -16.32% | -11.15% | -5.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.20% | 2.02% | +2.18% |
Volatility
EEDM.L vs. SWDA.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 World UCITS ETF USD (Acc) (SWDA.L) at 2.88%. This indicates that EEDM.L's price experiences larger fluctuations and is considered to be riskier than SWDA.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 | SWDA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.13% | 2.88% | +6.25% |
Volatility (6M)Calculated over the trailing 6-month period | 19.95% | 9.14% | +10.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.88% | 11.74% | +10.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.46% | 15.34% | +4.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.79% | 15.69% | +5.10% |
EEDM.L vs. SWDA.L - Expense Ratio Comparison
EEDM.L has a 0.18% expense ratio, which is lower than SWDA.L's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EEDM.L vs. SWDA.L - Dividend Comparison
EEDM.L's dividend yield for the trailing twelve months is around 1.65%, while SWDA.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% |
SWDA.L iShares Core MSCI World 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 SWDA.L have a correlation of 0.67, 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 0.20% for SWDA.L.
EEDM.L is categorized as Emerging Markets Equities, while SWDA.L is Global Equities. EEDM.L tracks MSCI EM ESG Enhanced CTB Index, while SWDA.L tracks MSCI World Index. Their fees differ too: 0.18% for EEDM.L and 0.20% for SWDA.L.
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