EIMI.L vs. EYED.L

Last updated Jun 5, 2026

EIMI.L (iShares Core MSCI EM IMI UCITS ETF) and EYED.L (iShares MSCI Europe Energy Sector UCITS ETF EUR (Dist)) are both exchange-traded funds - EIMI.L is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Investable Market Index, while EYED.L is a Energy Equities fund tracking the MSCI World/Energy NR USD. Both are passively managed. Over the past 3 years, EIMI.L returned 23.30%/yr vs 20.69%/yr for EYED.L. At a 0.31 correlation, their price movements are largely independent. Both charge a 0.18% expense ratio.

Performance

EIMI.L vs. EYED.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Core MSCI EM IMI UCITS ETF (EIMI.L) and iShares MSCI Europe Energy Sector UCITS ETF EUR (Dist) (EYED.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

EIMI.L is traded in USD, while EYED.L is traded in GBP. To make them comparable, the EYED.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, EIMI.L achieves a 24.25% return, which is significantly lower than EYED.L's 33.96% return.

EIMI.L

• 1D: -1.30%
• 1M: 4.51%
• YTD: 24.25%
• 6M: 27.21%
• 1Y: 49.41%
• 3Y*: 23.30%
• 5Y*: 7.61%
• 10Y*: 10.26%

EYED.L

• 1D: -1.13%
• 1M: 0.11%
• YTD: 33.96%
• 6M: 32.60%
• 1Y: 57.51%
• 3Y*: 20.69%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EIMI.L vs. EYED.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
EIMI.L iShares Core MSCI EM IMI UCITS ETF	24.25%	32.16%	7.36%	11.03%	8.28%
EYED.L iShares MSCI Europe Energy Sector UCITS ETF EUR (Dist)	33.96%	29.27%	-11.52%	11.52%	14.81%

Correlation

The correlation between EIMI.L and EYED.L is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (All Time) Calculated using the full available price history since Oct 10, 2022	0.31

The correlation between EIMI.L and EYED.L shifts across timeframes, from -0.06 (1 year) to 0.31 (all time), reflecting how their relationship changes across market environments.

EIMI.L vs. EYED.L - Sectors Allocation Comparison

Sectors	EIMI.L	EYED.L
Technology	35.0%	-
Financial Services	18.4%	-
Consumer Cyclical	9.6%	-
Industrials	8.9%	-
Basic Materials	6.9%	-
Communication Services	6.4%	0.8%
Energy	3.9%	99.2%
Healthcare	3.7%	-
Consumer Defensive	3.3%	-
Utilities	2.2%	-
Real Estate	1.7%	-

Return for Risk

EIMI.L vs. EYED.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EIMI.L

EIMI.L Risk / Return Rank: 78
EIMI.L Sharpe Ratio Rank: 80
EIMI.L Sortino Ratio Rank: 77
EIMI.L Omega Ratio Rank: 80
EIMI.L Calmar Ratio Rank: 78
EIMI.L Martin Ratio Rank: 75

EYED.L

EYED.L Risk / Return Rank: 78
EYED.L Sharpe Ratio Rank: 81
EYED.L Sortino Ratio Rank: 69
EYED.L Omega Ratio Rank: 77
EYED.L Calmar Ratio Rank: 86
EYED.L Martin Ratio Rank: 77

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EIMI.L vs. EYED.L - 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 iShares MSCI Europe Energy Sector UCITS ETF EUR (Dist) (EYED.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.

	EIMI.L	EYED.L	Difference
Sharpe ratio: Return per unit of total volatility	2.56	2.54	+0.03
Sortino ratio: Return per unit of downside risk	3.42	3.11	+0.32
Omega ratio: Gain probability vs. loss probability	1.47	1.42	+0.05
Calmar ratio: Return relative to maximum drawdown	3.88	5.56	-1.67
Martin ratio: Return relative to average drawdown	14.02	18.16	-4.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EIMI.L vs. EYED.L - Sharpe Ratio Comparison

The current EIMI.L Sharpe Ratio is 2.56, which is comparable to the EYED.L Sharpe Ratio of 2.54. The chart below compares the historical Sharpe Ratios of EIMI.L and EYED.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EIMI.L	EYED.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.56	2.54	+0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.42	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.54	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.92	-0.56

Drawdowns

EIMI.L vs. EYED.L - Drawdown Comparison

The maximum EIMI.L drawdown since its inception was -38.73%, which is greater than EYED.L's maximum drawdown of -23.12%. Use the drawdown chart below to compare losses from any high point for EIMI.L and EYED.L.

Drawdown Indicators

	EIMI.L	EYED.L	Difference
Max Drawdown Largest peak-to-trough decline	-38.73%	-23.12%	-15.61%
Max Drawdown (1Y) Largest decline over 1 year	-12.66%	-10.17%	-2.49%
Max Drawdown (3Y) Largest decline over 3 years	-17.44%	-23.12%	+5.68%
Max Drawdown (5Y) Largest decline over 5 years	-35.50%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-38.73%	—	—
Current Drawdown Current decline from peak	-2.64%	-6.09%	+3.45%
Average Drawdown Average peak-to-trough decline	-14.04%	-5.51%	-8.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.52%	3.12%	+0.40%

Volatility

EIMI.L vs. EYED.L - Volatility Comparison

iShares Core MSCI EM IMI UCITS ETF (EIMI.L) and iShares MSCI Europe Energy Sector UCITS ETF EUR (Dist) (EYED.L) have volatilities of 8.18% and 8.49%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EIMI.L	EYED.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.18%	8.49%	-0.31%
Volatility (6M) Calculated over the trailing 6-month period	16.71%	18.98%	-2.27%
Volatility (1Y) Calculated over the trailing 1-year period	19.23%	22.32%	-3.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.31%	22.09%	-3.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.15%	22.09%	-2.94%

EIMI.L vs. EYED.L - Expense Ratio Comparison

Both EIMI.L and EYED.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

EIMI.L vs. EYED.L - Dividend Comparison

EIMI.L has not paid dividends to shareholders, while EYED.L's dividend yield for the trailing twelve months is around 3.87%.

Position	TTM	2025	2024	2023
EIMI.L iShares Core MSCI EM IMI UCITS ETF	0.00%	0.00%	0.00%	0.00%
EYED.L iShares MSCI Europe Energy Sector UCITS ETF EUR (Dist)	3.87%	5.09%	5.79%	5.09%

Frequently Asked Questions

Can I hold both EIMI.L and EYED.L in my portfolio?

EIMI.L and EYED.L have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EIMI.L or EYED.L?

Both ETFs have the same 0.18% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EIMI.L or EYED.L?

EIMI.L and EYED.L have the same expense ratio: 0.18% per year.

What is the main difference between EIMI.L and EYED.L?

EIMI.L is categorized as Emerging Markets Equities, while EYED.L is Energy Equities. EIMI.L tracks MSCI Emerging Markets Investable Market Index, while EYED.L tracks MSCI World/Energy NR USD.