EEDM.L vs. XDEX.L
EEDM.L (iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist)) and XDEX.L (Xtrackers MSCI Emerging Markets ESG Screened UCITS ETF 1C) are both Emerging Markets Equities funds - EEDM.L tracks the MSCI EM ESG Enhanced CTB Index while XDEX.L tracks the MSCI EM NR USD. Both are passively managed. Over the past 5 years, EEDM.L returned 6.14%/yr vs 10.86%/yr for XDEX.L. Their correlation of 0.82 suggests significant overlap in exposure. Both charge a 0.18% expense ratio.
Performance
EEDM.L vs. XDEX.L - Performance Comparison
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Different Trading Currencies
EEDM.L is traded in USD, while XDEX.L is traded in GBp. To make them comparable, the XDEX.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 lower than XDEX.L's 30.59% 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*
- —
XDEX.L
- 1D
- -1.46%
- 1M
- -7.01%
- 6M
- 23.87%
- YTD
- 30.59%
- 1Y
- 54.20%
- 3Y*
- 21.93%
- 5Y*
- 10.86%
- 10Y*
- 12.54%
EEDM.L vs. XDEX.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% |
XDEX.L Xtrackers MSCI Emerging Markets ESG Screened UCITS ETF 1C | 30.59% | 37.83% | 1.15% | 8.32% | -19.84% | 18.99% | 16.36% | 7.06% |
Correlation
The correlation between EEDM.L and XDEX.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 | 0.87 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.85 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 2019 | 0.82 |
The correlation between EEDM.L and XDEX.L has been stable across timeframes, ranging from 0.82 to 0.92 - a consistent structural relationship.
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Return for Risk
EEDM.L vs. XDEX.L — Risk / Return Rank
EEDM.L
XDEX.L
EEDM.L vs. XDEX.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 Xtrackers MSCI Emerging Markets ESG Screened UCITS ETF 1C (XDEX.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 | XDEX.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.75 | ||
| 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 | 3.60 | -1.10 |
| Martin ratioReturn relative to average drawdown | 7.99 | 12.16 | -4.17 |
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Drawdowns
EEDM.L vs. XDEX.L - Drawdown Comparison
The maximum EEDM.L drawdown since its inception was -40.90%, which is greater than XDEX.L's maximum drawdown of -32.75%. Use the drawdown chart below to compare losses from any high point for EEDM.L and XDEX.L.
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Drawdown Indicators
| EEDM.L | XDEX.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.90% | -32.75% | -8.15% |
Max Drawdown (1Y)Largest decline over 1 year | -13.41% | -14.99% | +1.58% |
Max Drawdown (3Y)Largest decline over 3 years | -16.97% | -19.39% | +2.42% |
Max Drawdown (5Y)Largest decline over 5 years | -36.39% | -30.61% | -5.78% |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.75% | — |
Current DrawdownCurrent decline from peak | -9.31% | -10.66% | +1.35% |
Average DrawdownAverage peak-to-trough decline | -16.32% | -6.96% | -9.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.20% | 4.44% | -0.24% |
Volatility
EEDM.L vs. XDEX.L - Volatility Comparison
The current volatility for iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist) (EEDM.L) is 9.13%, while Xtrackers MSCI Emerging Markets ESG Screened UCITS ETF 1C (XDEX.L) has a volatility of 11.15%. This indicates that EEDM.L experiences smaller price fluctuations and is considered to be less risky than XDEX.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 | XDEX.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.13% | 11.15% | -2.02% |
Volatility (6M)Calculated over the trailing 6-month period | 19.95% | 21.82% | -1.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.88% | 23.62% | -1.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.46% | 18.64% | +0.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.79% | 17.29% | +3.50% |
EEDM.L vs. XDEX.L - Expense Ratio Comparison
Both EEDM.L and XDEX.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. XDEX.L - Dividend Comparison
EEDM.L's dividend yield for the trailing twelve months is around 1.65%, while XDEX.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% |
XDEX.L Xtrackers MSCI Emerging Markets ESG Screened UCITS ETF 1C | 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 XDEX.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 XDEX.L have the same expense ratio: 0.18% per year.
EEDM.L tracks MSCI EM ESG Enhanced CTB Index, while XDEX.L tracks MSCI EM NR USD. They also come from different issuers: iShares and Xtrackers.
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