EMIM.L vs. VGOV.L
Compare and contrast key facts about iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (EMIM.L) and Vanguard UK Gilt UCITS ETF Distributing (VGOV.L).
EMIM.L and VGOV.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EMIM.L is a passively managed fund by iShares that tracks the performance of the MSCI EM NR USD. It was launched on May 30, 2014. VGOV.L is a passively managed fund by Vanguard that tracks the performance of the FTSE Act UK Cnvt Gilts All Stocks TR GBP. It was launched on May 22, 2012. Both EMIM.L and VGOV.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EMIM.L or VGOV.L.
Key characteristics
| EMIM.L | VGOV.L | |
|---|---|---|
| YTD Return | 8.74% | 187.37% |
| 1Y Return | 14.55% | 317.41% |
| 3Y Return (Ann) | 1.42% | 45.76% |
| 5Y Return (Ann) | 5.45% | 26.49% |
| Sharpe Ratio | 1.14 | 3.84 |
| Daily Std Dev | 12.76% | 83.96% |
| Max Drawdown | -31.70% | -39.28% |
| Current Drawdown | -6.22% | 0.00% |
Correlation
The correlation between EMIM.L and VGOV.L is 0.15, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
EMIM.L vs. VGOV.L - Performance Comparison
In the year-to-date period, EMIM.L achieves a 8.74% return, which is significantly lower than VGOV.L's 187.37% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EMIM.L vs. VGOV.L - Expense Ratio Comparison
EMIM.L has a 0.18% expense ratio, which is higher than VGOV.L's 0.07% 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%.
Risk-Adjusted Performance
EMIM.L vs. VGOV.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (EMIM.L) and Vanguard UK Gilt UCITS ETF Distributing (VGOV.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.
Dividends
EMIM.L vs. VGOV.L - Dividend Comparison
EMIM.L has not paid dividends to shareholders, while VGOV.L's dividend yield for the trailing twelve months is around 160.18%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMIM.L iShares Core MSCI Emerging Markets IMI UCITS ETF (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% |
VGOV.L Vanguard UK Gilt UCITS ETF Distributing | 160.18% | 30.62% | 1.87% | 1.09% | 1.16% | 1.38% | 1.57% | 1.62% | 162.39% | 192.39% | 205.24% | 190.47% |
Drawdowns
EMIM.L vs. VGOV.L - Drawdown Comparison
The maximum EMIM.L drawdown since its inception was -31.70%, smaller than the maximum VGOV.L drawdown of -39.28%. Use the drawdown chart below to compare losses from any high point for EMIM.L and VGOV.L. For additional features, visit the drawdowns tool.
Volatility
EMIM.L vs. VGOV.L - Volatility Comparison
iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (EMIM.L) has a higher volatility of 3.14% compared to Vanguard UK Gilt UCITS ETF Distributing (VGOV.L) at 2.48%. This indicates that EMIM.L's price experiences larger fluctuations and is considered to be riskier than VGOV.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.