EHDL.DE vs. EUNI.DE
EHDL.DE (Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF) and EUNI.DE (iShares MSCI Emerging Markets Small Cap UCITS ETF) are both Emerging Markets Equities funds - EHDL.DE tracks the FTSE Emerging High Dividend Low Volatility Index while EUNI.DE tracks the MSCI Emerging Markets Small Cap. Both are passively managed. Over the past 10 years, EHDL.DE returned 6.03%/yr vs 7.72%/yr for EUNI.DE. A 0.66 correlation means they provide meaningful diversification when combined. EHDL.DE charges 0.49%/yr vs 0.74%/yr for EUNI.DE.
Performance
EHDL.DE vs. EUNI.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EHDL.DE achieves a 12.16% return, which is significantly higher than EUNI.DE's 10.09% return. Over the past 10 years, EHDL.DE has underperformed EUNI.DE with an annualized return of 6.03%, while EUNI.DE has yielded a comparatively higher 7.72% annualized return.
EHDL.DE
- 1D
- 0.63%
- 1M
- 2.53%
- 6M
- 7.80%
- YTD
- 12.16%
- 1Y
- 22.69%
- 3Y*
- 13.73%
- 5Y*
- 7.13%
- 10Y*
- 6.03%
EUNI.DE
- 1D
- -1.43%
- 1M
- -6.33%
- 6M
- 6.02%
- YTD
- 10.09%
- 1Y
- 13.86%
- 3Y*
- 10.97%
- 5Y*
- 5.85%
- 10Y*
- 7.72%
EHDL.DE vs. EUNI.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EHDL.DE Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF | 12.16% | 12.82% | 8.32% | 6.17% | -10.93% | 22.11% | -15.54% | 19.11% | -2.44% | 9.35% |
EUNI.DE iShares MSCI Emerging Markets Small Cap UCITS ETF | 10.09% | 6.21% | 8.18% | 19.10% | -13.60% | 28.84% | 7.23% | 14.66% | -16.19% | 18.31% |
Correlation
The correlation between EHDL.DE and EUNI.DE is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since May 27, 2016 | 0.66 |
The correlation between EHDL.DE and EUNI.DE shifts across timeframes, from 0.50 (1 year) to 0.66 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
EHDL.DE vs. EUNI.DE — Risk / Return Rank
EHDL.DE
EUNI.DE
EHDL.DE vs. EUNI.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF (EHDL.DE) and iShares MSCI Emerging Markets Small Cap UCITS ETF (EUNI.DE). 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.
| EHDL.DE | EUNI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.25 | ||
| Sortino ratioReturn per unit of downside risk | +1.59 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.14 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 4.29 | 1.66 | +2.63 |
| Martin ratioReturn relative to average drawdown | 11.28 | 4.70 | +6.57 |
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Drawdowns
EHDL.DE vs. EUNI.DE - Drawdown Comparison
The maximum EHDL.DE drawdown since its inception was -36.13%, smaller than the maximum EUNI.DE drawdown of -41.88%. Use the drawdown chart below to compare losses from any high point for EHDL.DE and EUNI.DE.
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Drawdown Indicators
| EHDL.DE | EUNI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.13% | -41.88% | +5.75% |
Max Drawdown (1Y)Largest decline over 1 year | -5.26% | -8.29% | +3.03% |
Max Drawdown (3Y)Largest decline over 3 years | -14.85% | -21.15% | +6.30% |
Max Drawdown (5Y)Largest decline over 5 years | -18.80% | -21.15% | +2.35% |
Max Drawdown (10Y)Largest decline over 10 years | -36.13% | -41.88% | +5.75% |
Current DrawdownCurrent decline from peak | -1.03% | -8.29% | +7.26% |
Average DrawdownAverage peak-to-trough decline | -9.08% | -11.20% | +2.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.01% | 2.94% | -0.93% |
Volatility
EHDL.DE vs. EUNI.DE - Volatility Comparison
The current volatility for Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF (EHDL.DE) is 3.05%, while iShares MSCI Emerging Markets Small Cap UCITS ETF (EUNI.DE) has a volatility of 7.38%. This indicates that EHDL.DE experiences smaller price fluctuations and is considered to be less risky than EUNI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EHDL.DE | EUNI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.05% | 7.38% | -4.33% |
Volatility (6M)Calculated over the trailing 6-month period | 8.07% | 16.05% | -7.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.36% | 18.46% | -7.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.60% | 15.69% | -2.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.99% | 16.98% | +1.01% |
EHDL.DE vs. EUNI.DE - Expense Ratio Comparison
EHDL.DE has a 0.49% expense ratio, which is lower than EUNI.DE's 0.74% expense ratio.
Dividends
EHDL.DE vs. EUNI.DE - Dividend Comparison
EHDL.DE's dividend yield for the trailing twelve months is around 4.74%, more than EUNI.DE's 1.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EHDL.DE Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF | 4.74% | 5.27% | 5.58% | 6.15% | 9.20% | 5.91% | 4.28% | 5.04% | 5.45% | 5.14% | 2.24% | 0.00% |
EUNI.DE iShares MSCI Emerging Markets Small Cap UCITS ETF | 1.04% | 1.83% | 1.74% | 2.11% | 2.47% | 1.23% | 1.77% | 2.02% | 2.14% | 1.45% | 2.00% | 0.85% |
Frequently Asked Questions
EHDL.DE and EUNI.DE have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EHDL.DE is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EHDL.DE is cheaper with a 0.49% expense ratio, compared with 0.74% for EUNI.DE.
EHDL.DE tracks FTSE Emerging High Dividend Low Volatility Index, while EUNI.DE tracks MSCI Emerging Markets Small Cap. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.49% for EHDL.DE and 0.74% for EUNI.DE.
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