EMIM.L vs. QDVE.DE
EMIM.L (iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc)) and QDVE.DE (iShares S&P 500 Information Technology Sector UCITS ETF) are both exchange-traded funds - EMIM.L is a Emerging Markets Equities fund tracking the MSCI EM NR USD, while QDVE.DE is a Technology Equities fund tracking the S&P 500 Capped 35/20 Information Technology Index. Both are passively managed. Over the past 10 years, EMIM.L returned 11.13%/yr vs 26.66%/yr for QDVE.DE. A 0.58 correlation means they provide meaningful diversification when combined. EMIM.L charges 0.18%/yr vs 0.15%/yr for QDVE.DE.
Performance
EMIM.L vs. QDVE.DE - Performance Comparison
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Different Trading Currencies
EMIM.L is traded in GBp, while QDVE.DE is traded in EUR. To make them comparable, the QDVE.DE 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 QDVE.DE's 17.55% return. Over the past 10 years, EMIM.L has underperformed QDVE.DE with an annualized return of 11.13%, while QDVE.DE has yielded a comparatively higher 26.66% annualized return.
EMIM.L
- 1D
- 2.84%
- 1M
- 3.05%
- YTD
- 22.83%
- 6M
- 25.36%
- 1Y
- 46.92%
- 3Y*
- 19.09%
- 5Y*
- 8.57%
- 10Y*
- 11.13%
QDVE.DE
- 1D
- 2.50%
- 1M
- -0.95%
- YTD
- 17.55%
- 6M
- 18.74%
- 1Y
- 45.44%
- 3Y*
- 28.77%
- 5Y*
- 23.91%
- 10Y*
- 26.66%
EMIM.L vs. QDVE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
QDVE.DE iShares S&P 500 Information Technology Sector UCITS ETF | 17.55% | 15.73% | 39.72% | 51.09% | -21.75% | 36.39% | 36.99% | 45.89% | 4.54% | 26.06% |
Correlation
The correlation between EMIM.L and QDVE.DE is 0.61, 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 | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Dec 2, 2015 | 0.58 |
The correlation between EMIM.L and QDVE.DE shifts across timeframes, from 0.49 (3 years) to 0.61 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
EMIM.L vs. QDVE.DE — Risk / Return Rank
EMIM.L
QDVE.DE
EMIM.L vs. QDVE.DE - 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 iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.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.
| EMIM.L | QDVE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.41 | ||
| Sortino ratioReturn per unit of downside risk | +0.54 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.36 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 4.09 | 2.70 | +1.39 |
| Martin ratioReturn relative to average drawdown | 14.02 | 6.86 | +7.16 |
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Drawdowns
EMIM.L vs. QDVE.DE - Drawdown Comparison
The maximum EMIM.L drawdown since its inception was -31.70%, which is greater than QDVE.DE's maximum drawdown of -28.27%. Use the drawdown chart below to compare losses from any high point for EMIM.L and QDVE.DE.
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Drawdown Indicators
| EMIM.L | QDVE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.70% | -28.27% | -3.43% |
Max Drawdown (1Y)Largest decline over 1 year | -10.92% | -16.44% | +5.52% |
Max Drawdown (3Y)Largest decline over 3 years | -15.56% | -28.27% | +12.71% |
Max Drawdown (5Y)Largest decline over 5 years | -21.98% | -28.27% | +6.29% |
Max Drawdown (10Y)Largest decline over 10 years | -26.46% | -28.27% | +1.81% |
Current DrawdownCurrent decline from peak | -3.48% | -7.24% | +3.76% |
Average DrawdownAverage peak-to-trough decline | -8.70% | -5.20% | -3.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.20% | 6.49% | -3.29% |
Volatility
EMIM.L vs. QDVE.DE - Volatility Comparison
The current volatility for iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (EMIM.L) is 7.38%, while iShares S&P 500 Information Technology Sector UCITS ETF (QDVE.DE) has a volatility of 8.14%. This indicates that EMIM.L experiences smaller price fluctuations and is considered to be less risky than QDVE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EMIM.L | QDVE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.38% | 8.14% | -0.76% |
Volatility (6M)Calculated over the trailing 6-month period | 14.94% | 15.22% | -0.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.33% | 20.47% | -3.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.97% | 22.30% | -6.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.86% | 21.62% | -3.76% |
EMIM.L vs. QDVE.DE - Expense Ratio Comparison
EMIM.L has a 0.18% expense ratio, which is higher than QDVE.DE's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EMIM.L vs. QDVE.DE - Dividend Comparison
Neither EMIM.L nor QDVE.DE has paid dividends to shareholders.
Frequently Asked Questions
EMIM.L and QDVE.DE have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QDVE.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QDVE.DE is cheaper with a 0.15% expense ratio, compared with 0.18% for EMIM.L.
EMIM.L is categorized as Emerging Markets Equities, while QDVE.DE is Technology Equities. EMIM.L tracks MSCI EM NR USD, while QDVE.DE tracks S&P 500 Capped 35/20 Information Technology Index. Their fees differ too: 0.18% for EMIM.L and 0.15% for QDVE.DE.
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