EUNI.DE vs. EHDL.DE
EUNI.DE (iShares MSCI Emerging Markets Small Cap UCITS ETF) and EHDL.DE (Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF) are both Emerging Markets Equities funds - EUNI.DE tracks the MSCI Emerging Markets Small Cap while EHDL.DE tracks the FTSE Emerging High Dividend Low Volatility Index. Both are passively managed. Over the past 10 years, EUNI.DE returned 7.72%/yr vs 6.03%/yr for EHDL.DE. A 0.66 correlation means they provide meaningful diversification when combined. EUNI.DE charges 0.74%/yr vs 0.49%/yr for EHDL.DE.
Performance
EUNI.DE vs. EHDL.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EUNI.DE achieves a 10.09% return, which is significantly lower than EHDL.DE's 12.16% return. Over the past 10 years, EUNI.DE has outperformed EHDL.DE with an annualized return of 7.72%, while EHDL.DE has yielded a comparatively lower 6.03% annualized return.
EUNI.DE
- 1D
- -1.43%
- 1M
- -6.33%
- 6M
- 6.02%
- YTD
- 10.09%
- 1Y
- 13.86%
- 3Y*
- 10.97%
- 5Y*
- 5.85%
- 10Y*
- 7.72%
EHDL.DE
- 1D
- 0.63%
- 1M
- 2.53%
- 6M
- 7.80%
- YTD
- 12.16%
- 1Y
- 22.69%
- 3Y*
- 13.73%
- 5Y*
- 7.13%
- 10Y*
- 6.03%
EUNI.DE vs. EHDL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EUNI.DE iShares MSCI Emerging Markets Small Cap UCITS ETF | 10.09% | 6.21% | 8.18% | 19.10% | -13.60% | 28.84% | 7.23% | 14.66% | -16.19% | 18.31% |
EHDL.DE Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF | 12.16% | 12.82% | 8.32% | 6.17% | -10.93% | 22.11% | -15.54% | 19.11% | -2.44% | 9.35% |
Correlation
The correlation between EUNI.DE and EHDL.DE is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since May 27, 2016 | 0.66 |
The correlation between EUNI.DE and EHDL.DE shifts across timeframes, from 0.50 (1 year) to 0.66 (10 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EUNI.DE vs. EHDL.DE — Risk / Return Rank
EUNI.DE
EHDL.DE
EUNI.DE vs. EHDL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Emerging Markets Small Cap UCITS ETF (EUNI.DE) and Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF (EHDL.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.
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.
| EUNI.DE | EHDL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.25 | ||
| Sortino ratioReturn per unit of downside risk | -1.59 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.36 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.66 | 4.29 | -2.63 |
| Martin ratioReturn relative to average drawdown | 4.70 | 11.28 | -6.57 |
Loading charts...
Drawdowns
EUNI.DE vs. EHDL.DE - Drawdown Comparison
The maximum EUNI.DE drawdown since its inception was -41.88%, which is greater than EHDL.DE's maximum drawdown of -36.13%. Use the drawdown chart below to compare losses from any high point for EUNI.DE and EHDL.DE.
Loading charts...
Drawdown Indicators
| EUNI.DE | EHDL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.88% | -36.13% | -5.75% |
Max Drawdown (1Y)Largest decline over 1 year | -8.29% | -5.26% | -3.03% |
Max Drawdown (3Y)Largest decline over 3 years | -21.15% | -14.85% | -6.30% |
Max Drawdown (5Y)Largest decline over 5 years | -21.15% | -18.80% | -2.35% |
Max Drawdown (10Y)Largest decline over 10 years | -41.88% | -36.13% | -5.75% |
Current DrawdownCurrent decline from peak | -8.29% | -1.03% | -7.26% |
Average DrawdownAverage peak-to-trough decline | -11.20% | -9.08% | -2.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.94% | 2.01% | +0.93% |
Volatility
EUNI.DE vs. EHDL.DE - Volatility Comparison
iShares MSCI Emerging Markets Small Cap UCITS ETF (EUNI.DE) has a higher volatility of 7.38% compared to Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF (EHDL.DE) at 3.05%. This indicates that EUNI.DE's price experiences larger fluctuations and is considered to be riskier than EHDL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EUNI.DE | EHDL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.38% | 3.05% | +4.33% |
Volatility (6M)Calculated over the trailing 6-month period | 16.05% | 8.07% | +7.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.46% | 11.36% | +7.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.69% | 13.60% | +2.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.98% | 17.99% | -1.01% |
EUNI.DE vs. EHDL.DE - Expense Ratio Comparison
EUNI.DE has a 0.74% expense ratio, which is higher than EHDL.DE's 0.49% expense ratio.
Dividends
EUNI.DE vs. EHDL.DE - Dividend Comparison
EUNI.DE's dividend yield for the trailing twelve months is around 1.04%, less than EHDL.DE's 4.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EHDL.DE Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF | 4.74% | 5.27% | 5.58% | 6.15% | 9.20% | 5.91% | 4.28% | 5.04% | 5.45% | 5.14% | 2.24% | 0.00% |
EUNI.DE iShares MSCI Emerging Markets Small Cap UCITS ETF | 1.04% | 1.83% | 1.74% | 2.11% | 2.47% | 1.23% | 1.77% | 2.02% | 2.14% | 1.45% | 2.00% | 0.85% |
Frequently Asked Questions
EUNI.DE and EHDL.DE have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EHDL.DE is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EHDL.DE is cheaper with a 0.49% expense ratio, compared with 0.74% for EUNI.DE.
EUNI.DE tracks MSCI Emerging Markets Small Cap, while EHDL.DE tracks FTSE Emerging High Dividend Low Volatility Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.74% for EUNI.DE and 0.49% for EHDL.DE.
Find the right allocation for EUNI.DE and EHDL.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer