EEDS.L vs. CESG.L
EEDS.L (iShares MSCI USA CTB Enhanced ESG UCITS ETF USD (Dist)) and CESG.L (First Trust Global Capital Strength ESG Leaders UCITS ETF Class A USD Acc) are both exchange-traded funds - EEDS.L is a Large Cap Blend Equities fund tracking the MSCI USA ESG Enhanced CTB Index, while CESG.L is a ESG fund actively managed by First Trust. EEDS.L is passively managed, while CESG.L is actively managed. Over the past 5 years, EEDS.L returned 10.81%/yr vs 5.53%/yr for CESG.L. A 0.69 correlation means they provide meaningful diversification when combined. EEDS.L charges 0.07%/yr vs 0.75%/yr for CESG.L.
Performance
EEDS.L vs. CESG.L - Performance Comparison
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Returns By Period
In the year-to-date period, EEDS.L achieves a 8.07% return, which is significantly higher than CESG.L's 3.98% return.
EEDS.L
- 1D
- -1.30%
- 1M
- -0.41%
- 6M
- 7.35%
- YTD
- 8.07%
- 1Y
- 18.22%
- 3Y*
- 17.80%
- 5Y*
- 10.81%
- 10Y*
- —
CESG.L
- 1D
- 0.93%
- 1M
- 3.53%
- 6M
- 4.17%
- YTD
- 3.98%
- 1Y
- 6.69%
- 3Y*
- 9.84%
- 5Y*
- 5.53%
- 10Y*
- —
EEDS.L vs. CESG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
EEDS.L iShares MSCI USA CTB Enhanced ESG UCITS ETF USD (Dist) | 8.07% | 14.97% | 24.21% | 26.17% | -21.67% | 23.81% |
CESG.L First Trust Global Capital Strength ESG Leaders UCITS ETF Class A USD Acc | 3.98% | 11.47% | 9.71% | 12.32% | -13.97% | 23.33% |
Correlation
The correlation between EEDS.L and CESG.L is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Mar 9, 2021 | 0.69 |
Over the past year, the correlation between EEDS.L and CESG.L has dropped to 0.37 - well below their long-term average of 0.69, suggesting their price drivers have been diverging.
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Return for Risk
EEDS.L vs. CESG.L — Risk / Return Rank
EEDS.L
CESG.L
EEDS.L vs. CESG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA CTB Enhanced ESG UCITS ETF USD (Dist) (EEDS.L) and First Trust Global Capital Strength ESG Leaders UCITS ETF Class A USD Acc (CESG.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.
| EEDS.L | CESG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.79 | ||
| Sortino ratioReturn per unit of downside risk | +1.19 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.12 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.99 | 0.76 | +1.24 |
| Martin ratioReturn relative to average drawdown | 8.04 | 1.95 | +6.08 |
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Drawdowns
EEDS.L vs. CESG.L - Drawdown Comparison
The maximum EEDS.L drawdown since its inception was -33.60%, which is greater than CESG.L's maximum drawdown of -22.69%. Use the drawdown chart below to compare losses from any high point for EEDS.L and CESG.L.
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Drawdown Indicators
| EEDS.L | CESG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.60% | -22.69% | -10.91% |
Max Drawdown (1Y)Largest decline over 1 year | -9.10% | -8.81% | -0.29% |
Max Drawdown (3Y)Largest decline over 3 years | -19.59% | -10.31% | -9.28% |
Max Drawdown (5Y)Largest decline over 5 years | -27.26% | -22.69% | -4.57% |
Current DrawdownCurrent decline from peak | -1.70% | -0.31% | -1.39% |
Average DrawdownAverage peak-to-trough decline | -5.80% | -5.51% | -0.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.26% | 3.42% | -1.16% |
Volatility
EEDS.L vs. CESG.L - Volatility Comparison
The current volatility for iShares MSCI USA CTB Enhanced ESG UCITS ETF USD (Dist) (EEDS.L) is 3.14%, while First Trust Global Capital Strength ESG Leaders UCITS ETF Class A USD Acc (CESG.L) has a volatility of 3.47%. This indicates that EEDS.L experiences smaller price fluctuations and is considered to be less risky than CESG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EEDS.L | CESG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.14% | 3.47% | -0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 9.57% | 8.09% | +1.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.49% | 10.01% | +2.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.53% | 12.63% | +3.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.82% | 12.53% | +5.29% |
EEDS.L vs. CESG.L - Expense Ratio Comparison
EEDS.L has a 0.07% expense ratio, which is lower than CESG.L's 0.75% expense ratio.
Dividends
EEDS.L vs. CESG.L - Dividend Comparison
EEDS.L's dividend yield for the trailing twelve months is around 0.84%, while CESG.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
CESG.L First Trust Global Capital Strength ESG Leaders UCITS ETF Class A USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EEDS.L iShares MSCI USA CTB Enhanced ESG UCITS ETF USD (Dist) | 0.84% | 0.89% | 1.00% | 1.15% | 1.42% | 1.01% | 1.24% | 1.07% |
Frequently Asked Questions
EEDS.L and CESG.L have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EEDS.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EEDS.L is cheaper with a 0.07% expense ratio, compared with 0.75% for CESG.L.
EEDS.L is categorized as Large Cap Blend Equities, while CESG.L is ESG. They also come from different issuers: iShares and First Trust. Their fees differ too: 0.07% for EEDS.L and 0.75% for CESG.L.
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