EMKX.DE vs. EHDL.DE
EMKX.DE (BNP Paribas Easy MSCI Emerging ESG Filtered Min TE UCITS ETF) and EHDL.DE (Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF) are both Emerging Markets Equities funds - EMKX.DE tracks the MSCI Emerging Markets ESG Filtered Min TE while EHDL.DE tracks the FTSE Emerging High Dividend Low Volatility Index. Both are passively managed. Over the past 10 years, EMKX.DE returned 71.80%/yr vs 6.10%/yr for EHDL.DE. A 0.70 correlation means they provide meaningful diversification when combined. EMKX.DE charges 0.26%/yr vs 0.49%/yr for EHDL.DE.
Performance
EMKX.DE vs. EHDL.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EMKX.DE achieves a 22.91% return, which is significantly higher than EHDL.DE's 12.21% return. Over the past 10 years, EMKX.DE has outperformed EHDL.DE with an annualized return of 71.80%, while EHDL.DE has yielded a comparatively lower 6.10% annualized return.
EMKX.DE
- 1D
- -0.53%
- 1M
- -4.89%
- 6M
- 15.85%
- YTD
- 22.91%
- 1Y
- 38.69%
- 3Y*
- 19.14%
- 5Y*
- 7.24%
- 10Y*
- 71.80%
EHDL.DE
- 1D
- -0.20%
- 1M
- 1.47%
- 6M
- 8.34%
- YTD
- 12.21%
- 1Y
- 23.70%
- 3Y*
- 13.52%
- 5Y*
- 7.13%
- 10Y*
- 6.10%
EMKX.DE vs. EHDL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EMKX.DE BNP Paribas Easy MSCI Emerging ESG Filtered Min TE UCITS ETF | 22.91% | 18.64% | 14.57% | 5.03% | -15.65% | 4.34% | 6.80% | 21.85% | -91.16% | 19.85% |
EHDL.DE Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF | 12.21% | 12.82% | 8.32% | 6.17% | -10.93% | 22.11% | -15.54% | 19.11% | -2.44% | 9.35% |
Correlation
The correlation between EMKX.DE and EHDL.DE is 0.54, 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 | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.67 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since May 27, 2016 | 0.70 |
The correlation between EMKX.DE and EHDL.DE shifts across timeframes, from 0.54 (1 year) to 0.70 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
EMKX.DE vs. EHDL.DE — Risk / Return Rank
EMKX.DE
EHDL.DE
EMKX.DE vs. EHDL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy MSCI Emerging ESG Filtered Min TE UCITS ETF (EMKX.DE) and Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF (EHDL.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.
| EMKX.DE | EHDL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.18 | ||
| Sortino ratioReturn per unit of downside risk | -0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.37 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.51 | 4.48 | -0.98 |
| Martin ratioReturn relative to average drawdown | 10.99 | 11.80 | -0.81 |
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Drawdowns
EMKX.DE vs. EHDL.DE - Drawdown Comparison
The maximum EMKX.DE drawdown since its inception was -99.09%, which is greater than EHDL.DE's maximum drawdown of -36.13%. Use the drawdown chart below to compare losses from any high point for EMKX.DE and EHDL.DE.
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Drawdown Indicators
| EMKX.DE | EHDL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.09% | -36.13% | -62.96% |
Max Drawdown (1Y)Largest decline over 1 year | -10.98% | -5.26% | -5.72% |
Max Drawdown (3Y)Largest decline over 3 years | -19.38% | -14.85% | -4.53% |
Max Drawdown (5Y)Largest decline over 5 years | -24.50% | -18.80% | -5.70% |
Max Drawdown (10Y)Largest decline over 10 years | -99.09% | -36.13% | -62.96% |
Current DrawdownCurrent decline from peak | -97.87% | -0.99% | -96.88% |
Average DrawdownAverage peak-to-trough decline | -92.18% | -9.09% | -83.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.51% | 2.00% | +1.51% |
Volatility
EMKX.DE vs. EHDL.DE - Volatility Comparison
BNP Paribas Easy MSCI Emerging ESG Filtered Min TE UCITS ETF (EMKX.DE) has a higher volatility of 8.77% compared to Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF (EHDL.DE) at 3.21%. This indicates that EMKX.DE's price experiences larger fluctuations and is considered to be riskier than EHDL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EMKX.DE | EHDL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.77% | 3.21% | +5.56% |
Volatility (6M)Calculated over the trailing 6-month period | 17.91% | 8.05% | +9.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.25% | 11.34% | +8.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.36% | 13.60% | +3.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3,148.56% | 17.99% | +3,130.57% |
EMKX.DE vs. EHDL.DE - Expense Ratio Comparison
EMKX.DE has a 0.26% expense ratio, which is lower than EHDL.DE's 0.49% expense ratio.
Dividends
EMKX.DE vs. EHDL.DE - Dividend Comparison
EMKX.DE has not paid dividends to shareholders, while EHDL.DE's dividend yield for the trailing twelve months is around 4.74%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
EHDL.DE Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF | 4.74% | 5.27% | 5.58% | 6.15% | 9.20% | 5.91% | 4.28% | 5.04% | 5.45% | 5.14% | 2.24% |
EMKX.DE BNP Paribas Easy MSCI Emerging ESG Filtered Min TE UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EMKX.DE and EHDL.DE have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EMKX.DE is cheaper at 0.26% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EMKX.DE is cheaper with a 0.26% expense ratio, compared with 0.49% for EHDL.DE.
EMKX.DE tracks MSCI Emerging Markets ESG Filtered Min TE, while EHDL.DE tracks FTSE Emerging High Dividend Low Volatility Index. They also come from different issuers: BNP Paribas and Invesco. Their fees differ too: 0.26% for EMKX.DE and 0.49% for EHDL.DE.
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