ESGR vs. ESGE

Last updated Jun 4, 2026

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

Performance

ESGR vs. ESGE - Performance Comparison

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

Returns By Period

ESGR

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

ESGE

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

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

ESGR vs. ESGE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ESGR Enstar Group Limited	0.00%	4.92%	9.41%	27.40%	-6.68%	20.84%	-0.95%	23.45%	-16.53%	1.54%
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%

Correlation

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

Return for Risk

ESGR vs. ESGE — 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.

ESGR vs. ESGE - Risk-Adjusted Trends Comparison

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

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ESGR	ESGE	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

	ESGR	ESGE	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

	ESGR	ESGE	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

ESGR vs. ESGE - Dividend Comparison

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

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 ESGR and ESGE in my portfolio?

ESGR and ESGE 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.