ESGE vs. ESGR

Last updated Jun 4, 2026

ESGE (iShares ESG Aware MSCI EM ETF) is Emerging Markets Equities fund tracking the MSCI EM Extended ESG Focus Index, while ESGR (Enstar Group Limited) is a stock. At a 0.27 correlation, their price movements are largely independent.

Performance

ESGE vs. ESGR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares ESG Aware MSCI EM ETF (ESGE) and Enstar Group Limited (ESGR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ESGE

• 1D: -1.23%
• 1M: 9.37%
• YTD: 26.85%
• 6M: 29.21%
• 1Y: 55.02%
• 3Y*: 24.13%
• 5Y*: 6.83%
• 10Y*: —

ESGR

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ESGE vs. ESGR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ESGE iShares ESG Aware MSCI EM ETF	26.85%	35.86%	6.63%	9.51%	-22.41%	-2.87%	18.60%	20.37%	-15.24%	38.86%
ESGR Enstar Group Limited	0.00%	4.92%	9.41%	27.40%	-6.68%	20.84%	-0.95%	23.45%	-16.53%	1.54%

Correlation

The correlation between ESGE and ESGR is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.08
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (5Y) Calculated over the trailing 5-year period	0.23
Correlation (All Time) Calculated using the full available price history since Jul 21, 2016	0.27

The correlation between ESGE and ESGR shifts across timeframes, from 0.08 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ESGE vs. ESGR — Risk / Return Rank

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

ESGE

ESGE Risk / Return Rank: 80
ESGE Sharpe Ratio Rank: 83
ESGE Sortino Ratio Rank: 78
ESGE Omega Ratio Rank: 82
ESGE Calmar Ratio Rank: 77
ESGE Martin Ratio Rank: 79

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.

ESGE vs. ESGR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares ESG Aware MSCI EM ETF (ESGE) and Enstar Group Limited (ESGR). 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.

	ESGE	ESGR	Difference
Sharpe ratio: Return per unit of total volatility	2.75	—	—
Sortino ratio: Return per unit of downside risk	3.56	—	—
Omega ratio: Gain probability vs. loss probability	1.50	—	—
Calmar ratio: Return relative to maximum drawdown	3.98	—	—
Martin ratio: Return relative to average drawdown	15.51	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ESGE	ESGR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.75	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	—	—

Drawdowns

Drawdown Indicators

	ESGE	ESGR	Difference
Max Drawdown Largest peak-to-trough decline	-41.07%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-13.90%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-16.71%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-39.23%	—	—
Current Drawdown Current decline from peak	-1.23%	—	—
Average Drawdown Average peak-to-trough decline	-14.47%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.56%	—	—

Volatility

Volatility by Period

	ESGE	ESGR	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.56%	—	—
Volatility (6M) Calculated over the trailing 6-month period	17.46%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.10%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.11%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.94%	—	—

Dividends

ESGE vs. ESGR - Dividend Comparison

ESGE's dividend yield for the trailing twelve months is around 1.97%, while ESGR has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ESGE iShares ESG Aware MSCI EM ETF	1.97%	2.50%	2.41%	2.64%	2.68%	2.66%	1.31%	2.59%	2.19%	1.86%	0.27%
ESGR Enstar Group Limited	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

Can I hold both ESGE and ESGR in my portfolio?

ESGE and ESGR have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.