EHDL.DE vs. IBC4.DE
EHDL.DE (Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF) and IBC4.DE (iShares MSCI South Africa UCITS ETF USD (Acc)) are both Emerging Markets Equities funds - EHDL.DE tracks the FTSE Emerging High Dividend Low Volatility Index while IBC4.DE tracks the MSCI South Africa Capped Index. Both are passively managed. Over the past 10 years, EHDL.DE returned 6.03%/yr vs 5.91%/yr for IBC4.DE. A 0.57 correlation means they provide meaningful diversification when combined. EHDL.DE charges 0.49%/yr vs 0.65%/yr for IBC4.DE.
Performance
EHDL.DE vs. IBC4.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EHDL.DE achieves a 12.16% return, which is significantly higher than IBC4.DE's -5.68% return. Both investments have delivered pretty close results over the past 10 years, with EHDL.DE having a 6.03% annualized return and IBC4.DE not far behind at 5.91%.
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%
IBC4.DE
- 1D
- -1.35%
- 1M
- -8.25%
- 6M
- -11.48%
- YTD
- -5.68%
- 1Y
- 28.54%
- 3Y*
- 19.22%
- 5Y*
- 10.87%
- 10Y*
- 5.91%
EHDL.DE vs. IBC4.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% |
IBC4.DE iShares MSCI South Africa UCITS ETF USD (Acc) | -5.68% | 57.35% | 14.83% | -3.10% | 1.72% | 12.68% | -11.83% | 12.46% | -21.79% | 19.74% |
Correlation
The correlation between EHDL.DE and IBC4.DE is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since May 27, 2016 | 0.57 |
The correlation between EHDL.DE and IBC4.DE shifts across timeframes, from 0.46 (1 year) to 0.57 (all time), reflecting how their relationship changes across market environments.
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
EHDL.DE vs. IBC4.DE — Risk / Return Rank
EHDL.DE
IBC4.DE
EHDL.DE vs. IBC4.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 South Africa UCITS ETF USD (Acc) (IBC4.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 | IBC4.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.05 | ||
| Sortino ratioReturn per unit of downside risk | +1.33 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.17 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 4.29 | 1.32 | +2.97 |
| Martin ratioReturn relative to average drawdown | 11.28 | 2.88 | +8.40 |
Loading charts...
Drawdowns
EHDL.DE vs. IBC4.DE - Drawdown Comparison
The maximum EHDL.DE drawdown since its inception was -36.13%, smaller than the maximum IBC4.DE drawdown of -55.48%. Use the drawdown chart below to compare losses from any high point for EHDL.DE and IBC4.DE.
Loading charts...
Drawdown Indicators
| EHDL.DE | IBC4.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.13% | -55.48% | +19.35% |
Max Drawdown (1Y)Largest decline over 1 year | -5.26% | -21.54% | +16.28% |
Max Drawdown (3Y)Largest decline over 3 years | -14.85% | -21.54% | +6.69% |
Max Drawdown (5Y)Largest decline over 5 years | -18.80% | -29.74% | +10.94% |
Max Drawdown (10Y)Largest decline over 10 years | -36.13% | -55.48% | +19.35% |
Current DrawdownCurrent decline from peak | -1.03% | -19.74% | +18.71% |
Average DrawdownAverage peak-to-trough decline | -9.08% | -17.45% | +8.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.01% | 9.90% | -7.89% |
Volatility
EHDL.DE vs. IBC4.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 South Africa UCITS ETF USD (Acc) (IBC4.DE) has a volatility of 6.20%. This indicates that EHDL.DE experiences smaller price fluctuations and is considered to be less risky than IBC4.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EHDL.DE | IBC4.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.05% | 6.20% | -3.15% |
Volatility (6M)Calculated over the trailing 6-month period | 8.07% | 25.07% | -17.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.36% | 29.95% | -18.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.60% | 25.64% | -12.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.99% | 27.80% | -9.81% |
EHDL.DE vs. IBC4.DE - Expense Ratio Comparison
EHDL.DE has a 0.49% expense ratio, which is lower than IBC4.DE's 0.65% expense ratio.
Dividends
EHDL.DE vs. IBC4.DE - Dividend Comparison
EHDL.DE's dividend yield for the trailing twelve months is around 4.74%, while IBC4.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
IBC4.DE iShares MSCI South Africa UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EHDL.DE and IBC4.DE have a correlation of 0.46, 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 0.65% for IBC4.DE.
EHDL.DE tracks FTSE Emerging High Dividend Low Volatility Index, while IBC4.DE tracks MSCI South Africa Capped Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.49% for EHDL.DE and 0.65% for IBC4.DE.
Find the right allocation for EHDL.DE and IBC4.DE
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