EMVL.L vs. LQDH
EMVL.L (iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc)) and LQDH (iShares Interest Rate Hedged Corporate Bond ETF) are both exchange-traded funds - EMVL.L is a Emerging Markets Equities fund tracking the MSCI EM NR USD, while LQDH is a Corporate Bonds fund actively managed by iShares. EMVL.L is passively managed, while LQDH is actively managed. Over the past 5 years, EMVL.L returned 15.37%/yr vs 5.25%/yr for LQDH. At a 0.31 correlation, their price movements are largely independent. EMVL.L charges 0.40%/yr vs 0.25%/yr for LQDH.
Performance
EMVL.L vs. LQDH - Performance Comparison
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Returns By Period
In the year-to-date period, EMVL.L achieves a 37.33% return, which is significantly higher than LQDH's 2.17% return.
EMVL.L
- 1D
- 0.16%
- 1M
- 2.44%
- YTD
- 37.33%
- 6M
- 41.13%
- 1Y
- 75.61%
- 3Y*
- 34.59%
- 5Y*
- 15.37%
- 10Y*
- —
LQDH
- 1D
- -0.02%
- 1M
- 0.58%
- YTD
- 2.17%
- 6M
- 2.64%
- 1Y
- 7.27%
- 3Y*
- 8.07%
- 5Y*
- 5.25%
- 10Y*
- 4.63%
EMVL.L vs. LQDH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
EMVL.L iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) | 37.33% | 43.13% | 14.49% | 18.37% | -16.29% | 5.29% | 7.72% | 17.64% | -2.10% |
LQDH iShares Interest Rate Hedged Corporate Bond ETF | 2.17% | 7.00% | 7.43% | 11.14% | -1.88% | 1.84% | 1.68% | 9.50% | -0.90% |
Correlation
The correlation between EMVL.L and LQDH is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Dec 6, 2018 | 0.31 |
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Return for Risk
EMVL.L vs. LQDH — Risk / Return Rank
EMVL.L
LQDH
EMVL.L vs. LQDH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) (EMVL.L) and iShares Interest Rate Hedged Corporate Bond ETF (LQDH). 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.
| EMVL.L | LQDH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.80 | ||
| Sortino ratioReturn per unit of downside risk | +0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.60 | 1.54 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 6.45 | 3.11 | +3.34 |
| Martin ratioReturn relative to average drawdown | 21.70 | 13.21 | +8.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EMVL.L | LQDH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.50 | 2.70 | +0.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.76 | 1.19 | -0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.72 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 0.58 | +0.15 |
Drawdowns
EMVL.L vs. LQDH - Drawdown Comparison
The maximum EMVL.L drawdown since its inception was -34.95%, which is greater than LQDH's maximum drawdown of -24.63%. Use the drawdown chart below to compare losses from any high point for EMVL.L and LQDH.
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Drawdown Indicators
| EMVL.L | LQDH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.95% | -24.63% | -10.32% |
Max Drawdown (1Y)Largest decline over 1 year | -11.65% | -2.34% | -9.31% |
Max Drawdown (3Y)Largest decline over 3 years | -16.42% | -4.86% | -11.56% |
Max Drawdown (5Y)Largest decline over 5 years | -34.20% | -7.08% | -27.12% |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.63% | — |
Current DrawdownCurrent decline from peak | -8.53% | -0.23% | -8.30% |
Average DrawdownAverage peak-to-trough decline | -9.54% | -1.67% | -7.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.47% | 0.55% | +2.92% |
Volatility
EMVL.L vs. LQDH - Volatility Comparison
iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) (EMVL.L) has a higher volatility of 11.12% compared to iShares Interest Rate Hedged Corporate Bond ETF (LQDH) at 0.47%. This indicates that EMVL.L's price experiences larger fluctuations and is considered to be riskier than LQDH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EMVL.L | LQDH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.12% | 0.47% | +10.65% |
Volatility (6M)Calculated over the trailing 6-month period | 18.39% | 2.04% | +16.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.51% | 2.71% | +18.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.13% | 4.41% | +15.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.15% | 6.44% | +14.71% |
EMVL.L vs. LQDH - Expense Ratio Comparison
EMVL.L has a 0.40% expense ratio, which is higher than LQDH's 0.25% expense ratio.
Dividends
EMVL.L vs. LQDH - Dividend Comparison
EMVL.L has not paid dividends to shareholders, while LQDH's dividend yield for the trailing twelve months is around 5.96%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMVL.L iShares Edge MSCI EM Value Factor UCITS ETF USD(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% |
LQDH iShares Interest Rate Hedged Corporate Bond ETF | 5.96% | 6.06% | 7.57% | 7.69% | 3.73% | 1.65% | 2.22% | 3.09% | 5.08% | 2.37% | 2.33% | 2.98% |
Frequently Asked Questions
EMVL.L and LQDH have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LQDH is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LQDH is cheaper with a 0.25% expense ratio, compared with 0.40% for EMVL.L.
EMVL.L is categorized as Emerging Markets Equities, while LQDH is Corporate Bonds. Their fees differ too: 0.40% for EMVL.L and 0.25% for LQDH.
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