EUNY.DE vs. FVEM.DE
EUNY.DE (iShares Emerging Markets Dividend UCITS ETF) and FVEM.DE (Franklin MSCI Emerging Markets Paris Aligned Climate UCITS ETF USD Capitalisation) are both Emerging Markets Equities funds - EUNY.DE tracks the Dow Jones Emerging Markets Select Dividend while FVEM.DE tracks the MSCI Emerging Markets Climate Paris Aligned. Both are passively managed. Over the past 3 years, EUNY.DE returned 17.26%/yr vs 18.13%/yr for FVEM.DE. A 0.71 correlation means they provide meaningful diversification when combined. EUNY.DE charges 0.65%/yr vs 0.18%/yr for FVEM.DE.
Performance
EUNY.DE vs. FVEM.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EUNY.DE achieves a 11.46% return, which is significantly lower than FVEM.DE's 25.43% return.
EUNY.DE
- 1D
- -0.55%
- 1M
- -1.57%
- YTD
- 11.46%
- 6M
- 10.81%
- 1Y
- 25.49%
- 3Y*
- 17.26%
- 5Y*
- 5.28%
- 10Y*
- 7.14%
FVEM.DE
- 1D
- -1.33%
- 1M
- 4.58%
- YTD
- 25.43%
- 6M
- 27.21%
- 1Y
- 47.18%
- 3Y*
- 18.13%
- 5Y*
- —
- 10Y*
- —
EUNY.DE vs. FVEM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
EUNY.DE iShares Emerging Markets Dividend UCITS ETF | 11.46% | 13.97% | 12.39% | 12.99% |
FVEM.DE Franklin MSCI Emerging Markets Paris Aligned Climate UCITS ETF USD Capitalisation | 25.43% | 17.23% | 13.32% | 0.60% |
Correlation
The correlation between EUNY.DE and FVEM.DE is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (All Time) Calculated using the full available price history since Mar 13, 2023 | 0.71 |
The correlation between EUNY.DE and FVEM.DE has been stable across timeframes, ranging from 0.66 to 0.71 - a consistent structural relationship.
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
EUNY.DE vs. FVEM.DE — Risk / Return Rank
EUNY.DE
FVEM.DE
EUNY.DE vs. FVEM.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Emerging Markets Dividend UCITS ETF (EUNY.DE) and Franklin MSCI Emerging Markets Paris Aligned Climate UCITS ETF USD Capitalisation (FVEM.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.
| EUNY.DE | FVEM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.53 | ||
| Sortino ratioReturn per unit of downside risk | -0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.47 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 6.17 | 4.42 | +1.75 |
| Martin ratioReturn relative to average drawdown | 16.86 | 16.79 | +0.06 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| EUNY.DE | FVEM.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.13 | 2.66 | -0.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.42 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 1.08 | -0.85 |
Drawdowns
EUNY.DE vs. FVEM.DE - Drawdown Comparison
The maximum EUNY.DE drawdown since its inception was -40.65%, which is greater than FVEM.DE's maximum drawdown of -18.76%. Use the drawdown chart below to compare losses from any high point for EUNY.DE and FVEM.DE.
Loading charts...
Drawdown Indicators
| EUNY.DE | FVEM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.65% | -18.76% | -21.89% |
Max Drawdown (1Y)Largest decline over 1 year | -4.11% | -10.62% | +6.51% |
Max Drawdown (3Y)Largest decline over 3 years | -15.70% | -18.76% | +3.06% |
Max Drawdown (5Y)Largest decline over 5 years | -31.43% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -36.29% | — | — |
Current DrawdownCurrent decline from peak | -2.82% | -2.08% | -0.74% |
Average DrawdownAverage peak-to-trough decline | -12.34% | -3.46% | -8.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.51% | 2.80% | -1.29% |
Volatility
EUNY.DE vs. FVEM.DE - Volatility Comparison
The current volatility for iShares Emerging Markets Dividend UCITS ETF (EUNY.DE) is 4.52%, while Franklin MSCI Emerging Markets Paris Aligned Climate UCITS ETF USD Capitalisation (FVEM.DE) has a volatility of 7.26%. This indicates that EUNY.DE experiences smaller price fluctuations and is considered to be less risky than FVEM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EUNY.DE | FVEM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.52% | 7.26% | -2.74% |
Volatility (6M)Calculated over the trailing 6-month period | 9.70% | 14.82% | -5.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.90% | 17.67% | -5.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.58% | 16.04% | -0.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.73% | 16.04% | +0.69% |
EUNY.DE vs. FVEM.DE - Expense Ratio Comparison
EUNY.DE has a 0.65% expense ratio, which is higher than FVEM.DE's 0.18% expense ratio.
Dividends
EUNY.DE vs. FVEM.DE - Dividend Comparison
EUNY.DE's dividend yield for the trailing twelve months is around 5.32%, while FVEM.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUNY.DE iShares Emerging Markets Dividend UCITS ETF | 5.32% | 5.82% | 7.72% | 8.04% | 9.56% | 6.35% | 5.09% | 5.57% | 5.65% | 4.09% | 4.35% | 6.37% |
FVEM.DE Franklin MSCI Emerging Markets Paris Aligned Climate UCITS ETF USD Capitalisation | 0.00% | 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
EUNY.DE and FVEM.DE have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FVEM.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FVEM.DE is cheaper with a 0.18% expense ratio, compared with 0.65% for EUNY.DE.
EUNY.DE tracks Dow Jones Emerging Markets Select Dividend, while FVEM.DE tracks MSCI Emerging Markets Climate Paris Aligned. They also come from different issuers: iShares and Franklin Templeton. Their fees differ too: 0.65% for EUNY.DE and 0.18% for FVEM.DE.
Find the right allocation for EUNY.DE and FVEM.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