EPRA.L vs. EIMI.L
EPRA.L (Amundi Index FTSE EPRA NAREIT Global UCITS ETF DR) and EIMI.L (iShares Core MSCI EM IMI UCITS ETF) are both exchange-traded funds - EPRA.L is a REIT fund tracking the FTSE EPRA Nareit Global TR USD, while EIMI.L is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Investable Market Index. Both are passively managed. Over the past 5 years, EPRA.L returned 2.41%/yr vs 8.52%/yr for EIMI.L. At a 0.38 correlation, their price movements are largely independent. EPRA.L charges 0.10%/yr vs 0.18%/yr for EIMI.L.
Performance
EPRA.L vs. EIMI.L - Performance Comparison
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Different Trading Currencies
EPRA.L is traded in GBp, while EIMI.L is traded in USD. To make them comparable, the EIMI.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, EPRA.L achieves a 11.10% return, which is significantly lower than EIMI.L's 25.53% return.
EPRA.L
- 1D
- -0.27%
- 1M
- 1.72%
- YTD
- 11.10%
- 6M
- 12.41%
- 1Y
- 16.87%
- 3Y*
- 9.21%
- 5Y*
- 2.41%
- 10Y*
- —
EIMI.L
- 1D
- 0.49%
- 1M
- 1.80%
- YTD
- 25.53%
- 6M
- 26.65%
- 1Y
- 46.98%
- 3Y*
- 21.07%
- 5Y*
- 8.52%
- 10Y*
- 10.79%
EPRA.L vs. EIMI.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EPRA.L Amundi Index FTSE EPRA NAREIT Global UCITS ETF DR | 11.10% | 3.12% | 1.31% | 4.40% | -16.02% | 27.84% | -11.99% | 17.30% | -0.56% | -13.77% |
EIMI.L iShares Core MSCI EM IMI UCITS ETF | 25.53% | 22.75% | 9.23% | 5.48% | -10.12% | 0.29% | 15.31% | 11.94% | -9.09% | 25.10% |
Correlation
The correlation between EPRA.L and EIMI.L is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Nov 11, 2016 | 0.38 |
The correlation between EPRA.L and EIMI.L shifts across timeframes, from 0.22 (1 year) to 0.38 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
EPRA.L vs. EIMI.L — Risk / Return Rank
EPRA.L
EIMI.L
EPRA.L vs. EIMI.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amundi Index FTSE EPRA NAREIT Global UCITS ETF DR (EPRA.L) and iShares Core MSCI EM IMI UCITS ETF (EIMI.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.
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.
| EPRA.L | EIMI.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.86 | ||
| Sortino ratioReturn per unit of downside risk | -0.87 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.46 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.88 | 4.42 | -2.54 |
| Martin ratioReturn relative to average drawdown | 6.46 | 14.26 | -7.80 |
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Drawdowns
EPRA.L vs. EIMI.L - Drawdown Comparison
The maximum EPRA.L drawdown since its inception was -35.65%, which is greater than EIMI.L's maximum drawdown of -31.70%. Use the drawdown chart below to compare losses from any high point for EPRA.L and EIMI.L.
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Drawdown Indicators
| EPRA.L | EIMI.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.65% | -31.70% | -3.95% |
Max Drawdown (1Y)Largest decline over 1 year | -8.95% | -10.58% | +1.63% |
Max Drawdown (3Y)Largest decline over 3 years | -17.01% | -15.79% | -1.22% |
Max Drawdown (5Y)Largest decline over 5 years | -26.59% | -22.27% | -4.32% |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.10% | — |
Current DrawdownCurrent decline from peak | -0.27% | -3.93% | +3.66% |
Average DrawdownAverage peak-to-trough decline | -11.87% | -8.67% | -3.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.61% | 3.29% | -0.68% |
Volatility
EPRA.L vs. EIMI.L - Volatility Comparison
The current volatility for Amundi Index FTSE EPRA NAREIT Global UCITS ETF DR (EPRA.L) is 3.17%, while iShares Core MSCI EM IMI UCITS ETF (EIMI.L) has a volatility of 8.82%. This indicates that EPRA.L experiences smaller price fluctuations and is considered to be less risky than EIMI.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EPRA.L | EIMI.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.17% | 8.82% | -5.65% |
Volatility (6M)Calculated over the trailing 6-month period | 8.66% | 17.39% | -8.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.84% | 19.31% | -8.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.80% | 16.96% | -3.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.69% | 18.47% | -2.78% |
EPRA.L vs. EIMI.L - Expense Ratio Comparison
EPRA.L has a 0.10% expense ratio, which is lower than EIMI.L's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EPRA.L vs. EIMI.L - Dividend Comparison
Neither EPRA.L nor EIMI.L has paid dividends to shareholders.
Frequently Asked Questions
EPRA.L and EIMI.L have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EPRA.L is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EPRA.L is cheaper with a 0.10% expense ratio, compared with 0.18% for EIMI.L.
EPRA.L is categorized as REIT, while EIMI.L is Emerging Markets Equities. EPRA.L tracks FTSE EPRA Nareit Global TR USD, while EIMI.L tracks MSCI Emerging Markets Investable Market Index. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.10% for EPRA.L and 0.18% for EIMI.L.
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