EIMI.L vs. BTC-USD
EIMI.L (iShares Core MSCI EM IMI UCITS ETF) is Emerging Markets Equities fund tracking the MSCI Emerging Markets Investable Market Index, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 10 years, EIMI.L returned 10.60%/yr vs 57.23%/yr for BTC-USD. At a 0.09 correlation, their price movements are largely independent.
Performance
EIMI.L vs. BTC-USD - Performance Comparison
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Returns By Period
In the year-to-date period, EIMI.L achieves a 22.83% return, which is significantly higher than BTC-USD's -26.27% return. Over the past 10 years, EIMI.L has underperformed BTC-USD with an annualized return of 10.60%, while BTC-USD has yielded a comparatively higher 57.23% annualized return.
EIMI.L
- 1D
- 3.53%
- 1M
- 0.58%
- YTD
- 22.83%
- 6M
- 26.10%
- 1Y
- 45.08%
- 3Y*
- 21.64%
- 5Y*
- 7.50%
- 10Y*
- 10.60%
BTC-USD
- 1D
- 1.71%
- 1M
- -20.43%
- YTD
- -26.27%
- 6M
- -28.52%
- 1Y
- -39.20%
- 3Y*
- 36.94%
- 5Y*
- 9.74%
- 10Y*
- 57.23%
EIMI.L vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EIMI.L iShares Core MSCI EM IMI UCITS ETF | 22.83% | 32.16% | 7.36% | 11.03% | -19.67% | -0.65% | 18.80% | 16.37% | -14.18% | 36.94% |
BTC-USD Bitcoin | -26.27% | -6.27% | 120.76% | 155.82% | -64.23% | 59.40% | 304.57% | 94.10% | -73.37% | 1,324.24% |
Correlation
The correlation between EIMI.L and BTC-USD is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since May 30, 2014 | 0.09 |
The correlation between EIMI.L and BTC-USD shifts across timeframes, from 0.09 (all time) to 0.23 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
EIMI.L vs. BTC-USD — Risk / Return Rank
EIMI.L
BTC-USD
EIMI.L vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI EM IMI UCITS ETF (EIMI.L) and Bitcoin (BTC-USD). 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.
| EIMI.L | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.07 | ||
| Sortino ratioReturn per unit of downside risk | +4.19 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 0.87 | +0.53 |
| Calmar ratioReturn relative to maximum drawdown | 3.40 | -0.77 | +4.16 |
| Martin ratioReturn relative to average drawdown | 11.76 | -1.33 | +13.09 |
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Drawdowns
EIMI.L vs. BTC-USD - Drawdown Comparison
The maximum EIMI.L drawdown since its inception was -38.73%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for EIMI.L and BTC-USD.
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Drawdown Indicators
| EIMI.L | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.73% | -85.30% | +46.57% |
Max Drawdown (1Y)Largest decline over 1 year | -12.66% | -51.21% | +38.55% |
Max Drawdown (3Y)Largest decline over 3 years | -17.44% | -51.21% | +33.77% |
Max Drawdown (5Y)Largest decline over 5 years | -35.41% | -76.67% | +41.26% |
Max Drawdown (10Y)Largest decline over 10 years | -38.73% | -83.80% | +45.07% |
Current DrawdownCurrent decline from peak | -3.75% | -48.27% | +44.52% |
Average DrawdownAverage peak-to-trough decline | -13.99% | -42.36% | +28.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.66% | 35.16% | -31.50% |
Volatility
EIMI.L vs. BTC-USD - Volatility Comparison
The current volatility for iShares Core MSCI EM IMI UCITS ETF (EIMI.L) is 8.37%, while Bitcoin (BTC-USD) has a volatility of 11.97%. This indicates that EIMI.L experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EIMI.L | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.37% | 11.97% | -3.60% |
Volatility (6M)Calculated over the trailing 6-month period | 17.62% | 34.64% | -17.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.94% | 35.59% | -15.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.46% | 44.57% | -26.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.20% | 56.61% | -37.41% |
Frequently Asked Questions
EIMI.L and BTC-USD have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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