EXV6.DE vs. EMNE.DE
EXV6.DE (iShares STOXX Europe 600 Basic Resources UCITS ETF (DE)) and EMNE.DE (iShares MSCI EMU CTB Enhanced ESG UCITS ETF EUR (Dist)) are both exchange-traded funds - EXV6.DE is a Industrials Equities fund tracking the STOXX® Europe 600 Basic Resources, while EMNE.DE is a Europe Equities fund tracking the MSCI EMU ESG Enhanced Focus CTB Index. Both are passively managed. Over the past 5 years, EXV6.DE returned 9.15%/yr vs 10.42%/yr for EMNE.DE. A 0.52 correlation means they provide meaningful diversification when combined. EXV6.DE charges 0.46%/yr vs 0.12%/yr for EMNE.DE.
Performance
EXV6.DE vs. EMNE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EXV6.DE achieves a 13.67% return, which is significantly higher than EMNE.DE's 9.92% return.
EXV6.DE
- 1D
- -0.90%
- 1M
- -7.75%
- 6M
- 4.86%
- YTD
- 13.67%
- 1Y
- 55.84%
- 3Y*
- 14.31%
- 5Y*
- 9.15%
- 10Y*
- 13.41%
- ALL TIME*
- 4.47%
EMNE.DE
- 1D
- 0.22%
- 1M
- -2.09%
- 6M
- 8.22%
- YTD
- 9.92%
- 1Y
- 18.82%
- 3Y*
- 14.84%
- 5Y*
- 10.42%
- 10Y*
- —
- ALL TIME*
- 11.44%
EXV6.DE vs. EMNE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
EXV6.DE iShares STOXX Europe 600 Basic Resources UCITS ETF (DE) | 13.67% | 33.18% | -8.72% | -2.31% | 9.36% | 26.74% | 12.82% | 4.13% |
EMNE.DE iShares MSCI EMU CTB Enhanced ESG UCITS ETF EUR (Dist) | 9.92% | 22.18% | 9.86% | 18.79% | -12.35% | 22.75% | 1.44% | 16.09% |
Correlation
The correlation between EXV6.DE and EMNE.DE is 0.60, 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 | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2019 | 0.52 |
The correlation between EXV6.DE and EMNE.DE has been stable across timeframes, ranging from 0.52 to 0.60 - 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
EXV6.DE vs. EMNE.DE — Risk / Return Rank
EXV6.DE
EMNE.DE
EXV6.DE vs. EMNE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares STOXX Europe 600 Basic Resources UCITS ETF (DE) (EXV6.DE) and iShares MSCI EMU CTB Enhanced ESG UCITS ETF EUR (Dist) (EMNE.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.
| EXV6.DE | EMNE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.78 | ||
| Sortino ratioReturn per unit of downside risk | +0.77 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.24 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.02 | 1.72 | +1.30 |
| Martin ratioReturn relative to average drawdown | 9.30 | 6.34 | +2.96 |
Loading charts...
Drawdowns
EXV6.DE vs. EMNE.DE - Drawdown Comparison
The maximum EXV6.DE drawdown since its inception was -73.84%, which is greater than EMNE.DE's maximum drawdown of -34.37%. Use the drawdown chart below to compare losses from any high point for EXV6.DE and EMNE.DE.
Loading charts...
Drawdown Indicators
| EXV6.DE | EMNE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.84% | -34.37% | -39.47% |
Max Drawdown (1Y)Largest decline over 1 year | -18.40% | -10.90% | -7.50% |
Max Drawdown (3Y)Largest decline over 3 years | -33.37% | -15.10% | -18.27% |
Max Drawdown (5Y)Largest decline over 5 years | -37.26% | -24.70% | -12.56% |
Max Drawdown (10Y)Largest decline over 10 years | -45.38% | — | — |
Current DrawdownCurrent decline from peak | -16.27% | -2.73% | -13.54% |
Average DrawdownAverage peak-to-trough decline | -31.23% | -5.19% | -26.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.98% | 2.96% | +3.02% |
Volatility
EXV6.DE vs. EMNE.DE - Volatility Comparison
iShares STOXX Europe 600 Basic Resources UCITS ETF (DE) (EXV6.DE) has a higher volatility of 8.93% compared to iShares MSCI EMU CTB Enhanced ESG UCITS ETF EUR (Dist) (EMNE.DE) at 3.80%. This indicates that EXV6.DE's price experiences larger fluctuations and is considered to be riskier than EMNE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EXV6.DE | EMNE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.93% | 3.80% | +5.13% |
Volatility (6M)Calculated over the trailing 6-month period | 23.93% | 12.63% | +11.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.31% | 14.93% | +12.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.44% | 16.24% | +10.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.22% | 19.98% | +7.24% |
EXV6.DE vs. EMNE.DE - Expense Ratio Comparison
EXV6.DE has a 0.46% expense ratio, which is higher than EMNE.DE's 0.12% expense ratio.
Dividends
EXV6.DE vs. EMNE.DE - Dividend Comparison
EXV6.DE's dividend yield for the trailing twelve months is around 1.81%, less than EMNE.DE's 2.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMNE.DE iShares MSCI EMU CTB Enhanced ESG UCITS ETF EUR (Dist) | 2.39% | 2.61% | 2.95% | 3.17% | 3.34% | 2.40% | 1.85% | 2.67% | 0.00% | 0.00% | 0.00% | 0.00% |
EXV6.DE iShares STOXX Europe 600 Basic Resources UCITS ETF (DE) | 1.81% | 1.95% | 3.23% | 3.57% | 6.02% | 5.15% | 2.86% | 5.56% | 2.93% | 2.14% | 1.80% | 5.20% |
Frequently Asked Questions
EXV6.DE and EMNE.DE have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EMNE.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EMNE.DE is cheaper with a 0.12% expense ratio, compared with 0.46% for EXV6.DE.
EXV6.DE is categorized as Industrials Equities, while EMNE.DE is Europe Equities. EXV6.DE tracks STOXX® Europe 600 Basic Resources, while EMNE.DE tracks MSCI EMU ESG Enhanced Focus CTB Index. Their fees differ too: 0.46% for EXV6.DE and 0.12% for EMNE.DE.
Find the right allocation for EXV6.DE and EMNE.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