ESGE vs. ESGU
Compare and contrast key facts about iShares ESG Aware MSCI EM ETF (ESGE) and iShares ESG MSCI USA ETF (ESGU).
ESGE and ESGU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ESGE is a passively managed fund by iShares that tracks the performance of the MSCI EM Extended ESG Focus Index. It was launched on Jun 28, 2016. ESGU is a passively managed fund by iShares that tracks the performance of the MSCI USA ESG Focus Index. It was launched on Dec 1, 2016. Both ESGE and ESGU are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ESGE or ESGU.
Performance
ESGE vs. ESGU - Performance Comparison
Returns By Period
In the year-to-date period, ESGE achieves a 8.74% return, which is significantly lower than ESGU's 24.95% return.
ESGE
8.74%
-5.31%
2.62%
11.30%
2.59%
N/A
ESGU
24.95%
1.19%
11.86%
31.78%
15.27%
N/A
Key characteristics
| ESGE | ESGU | |
|---|---|---|
| Sharpe Ratio | 0.80 | 2.63 |
| Sortino Ratio | 1.23 | 3.52 |
| Omega Ratio | 1.15 | 1.49 |
| Calmar Ratio | 0.41 | 3.83 |
| Martin Ratio | 3.88 | 17.16 |
| Ulcer Index | 3.29% | 1.91% |
| Daily Std Dev | 15.90% | 12.45% |
| Max Drawdown | -41.07% | -33.87% |
| Current Drawdown | -20.17% | -1.53% |
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ESGE vs. ESGU - Expense Ratio Comparison
ESGE has a 0.25% expense ratio, which is higher than ESGU's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between ESGE and ESGU is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
ESGE vs. ESGU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG Aware MSCI EM ETF (ESGE) and iShares ESG MSCI USA ETF (ESGU). 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.
Dividends
ESGE vs. ESGU - Dividend Comparison
ESGE's dividend yield for the trailing twelve months is around 2.52%, more than ESGU's 1.12% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
ESGE iShares ESG Aware MSCI EM ETF | 2.52% | 2.65% | 2.68% | 2.66% | 1.31% | 2.59% | 2.18% | 1.86% | 0.27% |
ESGU iShares ESG MSCI USA ETF | 1.12% | 1.43% | 1.58% | 1.06% | 1.27% | 1.32% | 1.81% | 1.82% | 0.00% |
Drawdowns
ESGE vs. ESGU - Drawdown Comparison
The maximum ESGE drawdown since its inception was -41.07%, which is greater than ESGU's maximum drawdown of -33.87%. Use the drawdown chart below to compare losses from any high point for ESGE and ESGU. For additional features, visit the drawdowns tool.
Volatility
ESGE vs. ESGU - Volatility Comparison
iShares ESG Aware MSCI EM ETF (ESGE) has a higher volatility of 4.86% compared to iShares ESG MSCI USA ETF (ESGU) at 4.21%. This indicates that ESGE's price experiences larger fluctuations and is considered to be riskier than ESGU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.