PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
EMIM.L vs. GOOGL
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EMIM.L vs. GOOGL

Last updated Jun 13, 2026

EMIM.L (iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc)) is Emerging Markets Equities fund tracking the MSCI EM NR USD, while GOOGL (Alphabet Inc. Class A) is a stock. Over the past 10 years, EMIM.L returned 11.13%/yr vs 26.41%/yr for GOOGL. At a 0.35 correlation, their price movements are largely independent.

Performance

EMIM.L vs. GOOGL - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (EMIM.L) and Alphabet Inc. Class A (GOOGL). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Different Trading Currencies

EMIM.L is traded in GBp, while GOOGL is traded in USD. To make them comparable, the GOOGL values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, EMIM.L achieves a 22.83% return, which is significantly higher than GOOGL's 15.65% return. Over the past 10 years, EMIM.L has underperformed GOOGL with an annualized return of 11.13%, while GOOGL has yielded a comparatively higher 26.41% annualized return.

EMIM.L

1D
2.84%
1M
1.78%
YTD
22.83%
6M
25.36%
1Y
44.91%
3Y*
19.09%
5Y*
8.57%
10Y*
11.13%

GOOGL

1D
0.62%
1M
-9.83%
YTD
15.65%
6M
16.16%
1Y
108.55%
3Y*
40.22%
5Y*
25.75%
10Y*
26.41%
*Multi-year figures are annualized to reflect compound growth (CAGR)

EMIM.L vs. GOOGL - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
EMIM.L
iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc)		22.83%23.35%9.18%4.93%-10.17%0.74%14.91%12.69%-9.32%24.72%
GOOGL
Alphabet Inc. Class A		15.65%54.17%38.38%50.41%-31.85%66.86%27.01%23.30%5.08%21.43%

Correlation

The correlation between EMIM.L and GOOGL is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.31

Correlation (3Y)
Calculated over the trailing 3-year period

0.24

Correlation (5Y)
Calculated over the trailing 5-year period

0.27

Correlation (10Y)
Calculated over the trailing 10-year period

0.35

Correlation (All Time)
Calculated using the full available price history since Jun 9, 2014

0.35

The correlation between EMIM.L and GOOGL shifts across timeframes, from 0.24 (3 years) to 0.35 (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.

iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc)

Alphabet Inc. Class A

Often compared with EMIM.L:
EMIM.L vs. VFEG.LEMIM.L vs. SEMA.LEMIM.L vs. SWDA.LEMIM.L vs. EXCS.LEMIM.L vs. VDPG.LEMIM.L vs. XMMS.LEMIM.L vs. 5MVL.DE
Often compared with GOOGL:
GOOGL vs. GOOGGOOGL vs. MSFTGOOGL vs. AAPLGOOGL vs. VOOGOOGL vs. SPYGOOGL vs. VGTGOOGL vs. AMZN

Return for Risk

EMIM.L vs. GOOGL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EMIM.L
EMIM.L Risk / Return Rank: 8686
Overall Rank
EMIM.L Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
EMIM.L Sortino Ratio Rank: 8686
Sortino Ratio Rank
EMIM.L Omega Ratio Rank: 8989
Omega Ratio Rank
EMIM.L Calmar Ratio Rank: 8585
Calmar Ratio Rank
EMIM.L Martin Ratio Rank: 8282
Martin Ratio Rank
GOOGL
GOOGL Risk / Return Rank: 9696
Overall Rank
GOOGL Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
GOOGL Sortino Ratio Rank: 9898
Sortino Ratio Rank
GOOGL Omega Ratio Rank: 9696
Omega Ratio Rank
GOOGL Calmar Ratio Rank: 9393
Calmar Ratio Rank
GOOGL Martin Ratio Rank: 9595
Martin Ratio Rank
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.

EMIM.L vs. GOOGL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (EMIM.L) and Alphabet Inc. Class A (GOOGL). 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.

EMIM.LGOOGLDifference
Sharpe ratioReturn per unit of total volatility
2.58
3.86

-1.28

Sortino ratioReturn per unit of downside risk
3.35
5.11

-1.76

Omega ratioGain probability vs. loss probability

1.49

1.63

-0.15

Calmar ratioReturn relative to maximum drawdown

4.09

6.17

-2.08

Martin ratioReturn relative to average drawdown

14.02

20.84

-6.82

EMIM.L vs. GOOGL - Sharpe Ratio Comparison

The current EMIM.L Sharpe Ratio is 2.58, which is lower than the GOOGL Sharpe Ratio of 3.86. The chart below compares the historical Sharpe Ratios of EMIM.L and GOOGL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

EMIM.L vs. GOOGL - Drawdown Comparison

The maximum EMIM.L drawdown since its inception was -31.70%, smaller than the maximum GOOGL drawdown of -52.64%. Use the drawdown chart below to compare losses from any high point for EMIM.L and GOOGL.

Loading charts...

Drawdown Indicators

EMIM.LGOOGLDifference

Max Drawdown

Largest peak-to-trough decline

-31.70%

-52.64%

+20.94%

Max Drawdown (1Y)

Largest decline over 1 year

-10.92%

-17.68%

+6.76%

Max Drawdown (3Y)

Largest decline over 3 years

-15.56%

-33.18%

+17.62%

Max Drawdown (5Y)

Largest decline over 5 years

-21.98%

-36.22%

+14.24%

Max Drawdown (10Y)

Largest decline over 10 years

-26.46%

-36.22%

+9.76%

Current Drawdown

Current decline from peak

-3.48%

-10.29%

+6.81%

Average Drawdown

Average peak-to-trough decline

-8.70%

-9.93%

+1.23%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.20%

5.23%

-2.03%

Volatility

EMIM.L vs. GOOGL - Volatility Comparison

iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (EMIM.L) and Alphabet Inc. Class A (GOOGL) have volatilities of 7.38% and 7.14%, 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.

Loading charts...

Volatility by Period

EMIM.LGOOGLDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.38%

7.14%

+0.24%

Volatility (6M)

Calculated over the trailing 6-month period

14.94%

19.58%

-4.64%

Volatility (1Y)

Calculated over the trailing 1-year period

17.33%

28.32%

-10.99%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.97%

30.43%

-14.46%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.86%

29.19%

-11.33%

Dividends

EMIM.L vs. GOOGL - Dividend Comparison

EMIM.L has not paid dividends to shareholders, while GOOGL's dividend yield for the trailing twelve months is around 0.24%.

PositionTTM20252024
EMIM.L
iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc)		0.00%0.00%0.00%
GOOGL
Alphabet Inc. Class A		0.24%0.27%0.32%

Frequently Asked Questions

EMIM.L and GOOGL have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Portfolio Optimizer

Find the right allocation for EMIM.L and GOOGL

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