EMIE.DE vs. IS3C.DE
EMIE.DE (UBS ETF (LU) J.P. Morgan USD EM IG ESG Diversified Bond UCITS ETF (EUR Hedged) Acc) and IS3C.DE (iShares J.P. Morgan USD EM Bond EUR Hedged UCITS ETF (Dist)) are both Emerging Markets Bonds funds - EMIE.DE tracks the JP Morgan USD Emerging Markets IG ESG Diversified Bond (EUR Hedged) while IS3C.DE tracks the JP Morgan EMBI Global Core (EUR Hedged). Both are passively managed. Over the past 5 years, EMIE.DE returned -2.28%/yr vs -3.40%/yr for IS3C.DE. A 0.80 correlation means they provide meaningful diversification when combined. EMIE.DE charges 0.43%/yr vs 0.50%/yr for IS3C.DE.
Performance
EMIE.DE vs. IS3C.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EMIE.DE achieves a -0.43% return, which is significantly higher than IS3C.DE's -1.63% return.
EMIE.DE
- 1D
- 0.18%
- 1M
- 0.27%
- YTD
- -0.43%
- 6M
- -0.44%
- 1Y
- 3.98%
- 3Y*
- 2.76%
- 5Y*
- -2.28%
- 10Y*
- —
IS3C.DE
- 1D
- 0.23%
- 1M
- 0.40%
- YTD
- -1.63%
- 6M
- -1.60%
- 1Y
- 2.73%
- 3Y*
- 2.01%
- 5Y*
- -3.40%
- 10Y*
- -0.58%
EMIE.DE vs. IS3C.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
EMIE.DE UBS ETF (LU) J.P. Morgan USD EM IG ESG Diversified Bond UCITS ETF (EUR Hedged) Acc | -0.43% | 7.05% | -0.36% | 3.88% | -19.72% | -2.93% | 6.95% | 2.47% |
IS3C.DE iShares J.P. Morgan USD EM Bond EUR Hedged UCITS ETF (Dist) | -1.63% | 5.32% | -1.72% | 5.39% | -20.57% | -3.53% | 3.22% | 1.85% |
Correlation
The correlation between EMIE.DE and IS3C.DE is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.79 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.81 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Aug 7, 2019 | 0.80 |
The correlation between EMIE.DE and IS3C.DE has been stable across timeframes, ranging from 0.79 to 0.81 - a consistent structural relationship.
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
EMIE.DE vs. IS3C.DE — Risk / Return Rank
EMIE.DE
IS3C.DE
EMIE.DE vs. IS3C.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) J.P. Morgan USD EM IG ESG Diversified Bond UCITS ETF (EUR Hedged) Acc (EMIE.DE) and iShares J.P. Morgan USD EM Bond EUR Hedged UCITS ETF (Dist) (IS3C.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.
| EMIE.DE | IS3C.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.62 | ||
| Sortino ratioReturn per unit of downside risk | +0.91 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.08 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.12 | 0.48 | +0.64 |
| Martin ratioReturn relative to average drawdown | 3.63 | 1.52 | +2.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EMIE.DE | IS3C.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.07 | 0.44 | +0.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.34 | -0.38 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.06 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.11 | 0.00 | -0.11 |
Drawdowns
EMIE.DE vs. IS3C.DE - Drawdown Comparison
The maximum EMIE.DE drawdown since its inception was -26.98%, smaller than the maximum IS3C.DE drawdown of -30.78%. Use the drawdown chart below to compare losses from any high point for EMIE.DE and IS3C.DE.
Loading charts...
Drawdown Indicators
| EMIE.DE | IS3C.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.98% | -30.78% | +3.80% |
Max Drawdown (1Y)Largest decline over 1 year | -3.53% | -5.62% | +2.09% |
Max Drawdown (3Y)Largest decline over 3 years | -6.97% | -8.94% | +1.97% |
Max Drawdown (5Y)Largest decline over 5 years | -25.83% | -30.47% | +4.64% |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.78% | — |
Current DrawdownCurrent decline from peak | -14.02% | -17.90% | +3.88% |
Average DrawdownAverage peak-to-trough decline | -12.69% | -9.16% | -3.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.09% | 1.79% | -0.70% |
Volatility
EMIE.DE vs. IS3C.DE - Volatility Comparison
The current volatility for UBS ETF (LU) J.P. Morgan USD EM IG ESG Diversified Bond UCITS ETF (EUR Hedged) Acc (EMIE.DE) is 1.28%, while iShares J.P. Morgan USD EM Bond EUR Hedged UCITS ETF (Dist) (IS3C.DE) has a volatility of 2.10%. This indicates that EMIE.DE experiences smaller price fluctuations and is considered to be less risky than IS3C.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EMIE.DE | IS3C.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.28% | 2.10% | -0.82% |
Volatility (6M)Calculated over the trailing 6-month period | 2.83% | 5.14% | -2.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.73% | 6.18% | -2.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.67% | 8.94% | -2.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.95% | 9.30% | -1.35% |
EMIE.DE vs. IS3C.DE - Expense Ratio Comparison
EMIE.DE has a 0.43% expense ratio, which is lower than IS3C.DE's 0.50% expense ratio.
Dividends
EMIE.DE vs. IS3C.DE - Dividend Comparison
Neither EMIE.DE nor IS3C.DE has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMIE.DE UBS ETF (LU) J.P. Morgan USD EM IG ESG Diversified Bond UCITS ETF (EUR Hedged) Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IS3C.DE iShares J.P. Morgan USD EM Bond EUR Hedged UCITS ETF (Dist) | 0.00% | 0.00% | 0.00% | 3.58% | 5.39% | 3.93% | 3.85% | 4.77% | 5.76% | 3.88% | 5.34% | 4.72% |
Frequently Asked Questions
EMIE.DE and IS3C.DE have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EMIE.DE is cheaper at 0.43% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EMIE.DE is cheaper with a 0.43% expense ratio, compared with 0.50% for IS3C.DE.
EMIE.DE tracks JP Morgan USD Emerging Markets IG ESG Diversified Bond (EUR Hedged), while IS3C.DE tracks JP Morgan EMBI Global Core (EUR Hedged). They also come from different issuers: UBS and iShares. Their fees differ too: 0.43% for EMIE.DE and 0.50% for IS3C.DE.
Find the right allocation for EMIE.DE and IS3C.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