ENDH.DE vs. EMA5.DE

Last updated Apr 2, 2026

Compare and contrast key facts about L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF (EUR Hedged) Acc (ENDH.DE) and L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF (EMA5.DE).

ENDH.DE and EMA5.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ENDH.DE is a passively managed fund by Legal & General that tracks the performance of the J.P. Morgan ESG EMBI Global Diversified Short-Term Custom Maturity (EUR Hedged). It was launched on May 5, 2022. EMA5.DE is a passively managed fund by Legal & General that tracks the performance of the J.P. Morgan ESG EMBI Global Diversified Short-Term Custom Maturity. It was launched on Dec 3, 2020. Both ENDH.DE and EMA5.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

ENDH.DE vs. EMA5.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF (EUR Hedged) Acc (ENDH.DE) and L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF (EMA5.DE). The values are adjusted to include any dividend payments, if applicable.

ENDH.DE vs. EMA5.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ENDH.DE L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF (EUR Hedged) Acc	-0.80%	7.89%	6.59%	5.41%	-2.17%
EMA5.DE L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF	0.75%	-2.57%	14.01%	3.79%	-1.52%

Returns By Period

In the year-to-date period, ENDH.DE achieves a -0.80% return, which is significantly lower than EMA5.DE's 0.75% return.

ENDH.DE

• 1D: 0.27%
• 1M: -1.28%
• YTD: -0.80%
• 6M: 1.07%
• 1Y: 4.81%
• 3Y*: 5.97%
• 5Y*: —
• 10Y*: —

EMA5.DE

• 1D: -0.50%
• 1M: -0.48%
• YTD: 0.75%
• 6M: 2.85%
• 1Y: -0.95%
• 3Y*: 5.15%
• 5Y*: 2.65%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ENDH.DE vs. EMA5.DE - Expense Ratio Comparison

ENDH.DE has a 0.28% expense ratio, which is higher than EMA5.DE's 0.25% expense ratio.

ENDH.DE

L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF (EUR Hedged) Acc

EMA5.DE

L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF

Return for Risk

ENDH.DE vs. EMA5.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ENDH.DE

ENDH.DE Risk / Return Rank: 74
ENDH.DE Sharpe Ratio Rank: 69
ENDH.DE Sortino Ratio Rank: 75
ENDH.DE Omega Ratio Rank: 70
ENDH.DE Calmar Ratio Rank: 74
ENDH.DE Martin Ratio Rank: 80

EMA5.DE

EMA5.DE Risk / Return Rank: 9
EMA5.DE Sharpe Ratio Rank: 9
EMA5.DE Sortino Ratio Rank: 8
EMA5.DE Omega Ratio Rank: 8
EMA5.DE Calmar Ratio Rank: 10
EMA5.DE Martin Ratio Rank: 10

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ENDH.DE vs. EMA5.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF (EUR Hedged) Acc (ENDH.DE) and L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF (EMA5.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.

	ENDH.DE	EMA5.DE	Difference
Sharpe ratio Return per unit of total volatility	1.31	-0.13	+1.44
Sortino ratio Return per unit of downside risk	2.02	-0.13	+2.15
Omega ratio Gain probability vs. loss probability	1.27	0.98	+0.29
Calmar ratio Return relative to maximum drawdown	2.19	-0.10	+2.29
Martin ratio Return relative to average drawdown	9.82	-0.22	+10.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ENDH.DE vs. EMA5.DE - Sharpe Ratio Comparison

The current ENDH.DE Sharpe Ratio is 1.31, which is higher than the EMA5.DE Sharpe Ratio of -0.13. The chart below compares the historical Sharpe Ratios of ENDH.DE and EMA5.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ENDH.DE	EMA5.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.31	-0.13	+1.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.37	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.89	0.44	+0.45

Correlation

The correlation between ENDH.DE and EMA5.DE is 0.12, 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.

Dividends

ENDH.DE vs. EMA5.DE - Dividend Comparison

ENDH.DE has not paid dividends to shareholders, while EMA5.DE's dividend yield for the trailing twelve months is around 4.66%.

	TTM	2025	2024	2023	2022	2021
ENDH.DE L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF (EUR Hedged) Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EMA5.DE L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF	4.66%	5.61%	5.39%	4.22%	2.89%	1.01%

Drawdowns

ENDH.DE vs. EMA5.DE - Drawdown Comparison

The maximum ENDH.DE drawdown since its inception was -6.78%, smaller than the maximum EMA5.DE drawdown of -10.01%. Use the drawdown chart below to compare losses from any high point for ENDH.DE and EMA5.DE.

Drawdown Indicators

	ENDH.DE	EMA5.DE	Difference
Max Drawdown Largest peak-to-trough decline	-6.78%	-10.01%	+3.23%
Max Drawdown (1Y) Largest decline over 1 year	-2.21%	-6.02%	+3.81%
Max Drawdown (5Y) Largest decline over 5 years	—	-10.01%	—
Current Drawdown Current decline from peak	-1.64%	-4.67%	+3.03%
Average Drawdown Average peak-to-trough decline	-1.12%	-3.53%	+2.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.49%	2.00%	-1.51%

Volatility

ENDH.DE vs. EMA5.DE - Volatility Comparison

The current volatility for L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF (EUR Hedged) Acc (ENDH.DE) is 1.68%, while L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF (EMA5.DE) has a volatility of 2.05%. This indicates that ENDH.DE experiences smaller price fluctuations and is considered to be less risky than EMA5.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ENDH.DE	EMA5.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.68%	2.05%	-0.37%
Volatility (6M) Calculated over the trailing 6-month period	2.29%	4.04%	-1.75%
Volatility (1Y) Calculated over the trailing 1-year period	3.68%	7.12%	-3.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.73%	7.04%	-2.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.73%	6.96%	-2.23%