EMND.DE vs. IQQ0.DE
EMND.DE (iShares MSCI World ESG Enhanced UCITS ETF USD (Dist)) and IQQ0.DE (iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc)) are both Global Equities funds from iShares - EMND.DE tracks the MSCI World ESG Enhanced Focus while IQQ0.DE tracks the MSCI World Minimum Volatility. Both are passively managed. Over the past 5 years, EMND.DE returned 11.70%/yr vs 6.14%/yr for IQQ0.DE. A 0.72 correlation means they provide meaningful diversification when combined. EMND.DE charges 0.20%/yr vs 0.30%/yr for IQQ0.DE.
Performance
EMND.DE vs. IQQ0.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EMND.DE achieves a 10.17% return, which is significantly higher than IQQ0.DE's 1.59% return.
EMND.DE
- 1D
- 0.02%
- 1M
- 3.68%
- YTD
- 10.17%
- 6M
- 10.17%
- 1Y
- 21.70%
- 3Y*
- 16.08%
- 5Y*
- 11.70%
- 10Y*
- —
IQQ0.DE
- 1D
- -0.02%
- 1M
- 1.81%
- YTD
- 1.59%
- 6M
- 1.63%
- 1Y
- 0.25%
- 3Y*
- 6.35%
- 5Y*
- 6.14%
- 10Y*
- 6.81%
EMND.DE vs. IQQ0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
EMND.DE iShares MSCI World ESG Enhanced UCITS ETF USD (Dist) | 10.17% | 6.20% | 25.02% | 18.82% | -15.24% | 33.96% | 7.28% | 12.63% |
IQQ0.DE iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc) | 1.59% | -1.26% | 17.64% | 3.73% | -4.34% | 24.26% | -6.77% | 11.44% |
Correlation
The correlation between EMND.DE and IQQ0.DE is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since May 8, 2019 | 0.72 |
Over the past year, the correlation between EMND.DE and IQQ0.DE has dropped to 0.36 - well below their long-term average of 0.72, suggesting their price drivers have been diverging.
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
EMND.DE vs. IQQ0.DE — Risk / Return Rank
EMND.DE
IQQ0.DE
EMND.DE vs. IQQ0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World ESG Enhanced UCITS ETF USD (Dist) (EMND.DE) and iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc) (IQQ0.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.
| EMND.DE | IQQ0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.95 | ||
| Sortino ratioReturn per unit of downside risk | +2.68 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.00 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 3.07 | -0.05 | +3.13 |
| Martin ratioReturn relative to average drawdown | 12.00 | -0.12 | +12.11 |
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
| EMND.DE | IQQ0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.91 | -0.04 | +1.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.81 | 0.60 | +0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.58 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.79 | 0.76 | +0.03 |
Drawdowns
EMND.DE vs. IQQ0.DE - Drawdown Comparison
The maximum EMND.DE drawdown since its inception was -33.15%, which is greater than IQQ0.DE's maximum drawdown of -28.65%. Use the drawdown chart below to compare losses from any high point for EMND.DE and IQQ0.DE.
Loading charts...
Drawdown Indicators
| EMND.DE | IQQ0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.15% | -28.65% | -4.50% |
Max Drawdown (1Y)Largest decline over 1 year | -7.07% | -5.22% | -1.85% |
Max Drawdown (3Y)Largest decline over 3 years | -21.24% | -12.82% | -8.42% |
Max Drawdown (5Y)Largest decline over 5 years | -21.24% | -12.82% | -8.42% |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.65% | — |
Current DrawdownCurrent decline from peak | -0.33% | -6.65% | +6.32% |
Average DrawdownAverage peak-to-trough decline | -5.04% | -4.54% | -0.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.81% | 2.44% | -0.63% |
Volatility
EMND.DE vs. IQQ0.DE - Volatility Comparison
iShares MSCI World ESG Enhanced UCITS ETF USD (Dist) (EMND.DE) and iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc) (IQQ0.DE) have volatilities of 2.65% and 2.53%, 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
| EMND.DE | IQQ0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.65% | 2.53% | +0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 7.76% | 5.36% | +2.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.37% | 7.78% | +3.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.24% | 10.08% | +4.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.30% | 11.62% | +4.68% |
EMND.DE vs. IQQ0.DE - Expense Ratio Comparison
EMND.DE has a 0.20% expense ratio, which is lower than IQQ0.DE's 0.30% expense ratio.
Dividends
EMND.DE vs. IQQ0.DE - Dividend Comparison
EMND.DE's dividend yield for the trailing twelve months is around 0.93%, while IQQ0.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
EMND.DE iShares MSCI World ESG Enhanced UCITS ETF USD (Dist) | 0.93% | 1.03% | 1.28% | 1.47% | 2.54% | 1.70% | 1.83% | 1.30% |
IQQ0.DE iShares Edge MSCI World Minimum Volatility UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EMND.DE and IQQ0.DE have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EMND.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EMND.DE is cheaper with a 0.20% expense ratio, compared with 0.30% for IQQ0.DE.
EMND.DE tracks MSCI World ESG Enhanced Focus, while IQQ0.DE tracks MSCI World Minimum Volatility. Their fees differ too: 0.20% for EMND.DE and 0.30% for IQQ0.DE.
Find the right allocation for EMND.DE and IQQ0.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