FEMU.L vs. IDTW.L
FEMU.L (First Trust Emerging Markets AlphaDEX UCITS ETF Class A USD (Acc)) and IDTW.L (iShares MSCI Taiwan UCITS ETF USD (Dist)) are both exchange-traded funds - FEMU.L is a Emerging Markets Equities fund tracking the Nasdaq AlphaDEX Emerging Markets NTR Index, while IDTW.L is a Technology Equities fund tracking the MSCI Taiwan 20/35 Index (Net) (USD). Both are passively managed. Over the past 10 years, FEMU.L returned 7.83%/yr vs 19.92%/yr for IDTW.L. A 0.66 correlation means they provide meaningful diversification when combined. FEMU.L charges 0.80%/yr vs 0.74%/yr for IDTW.L.
Performance
FEMU.L vs. IDTW.L - Performance Comparison
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Returns By Period
In the year-to-date period, FEMU.L achieves a 12.60% return, which is significantly lower than IDTW.L's 51.77% return. Over the past 10 years, FEMU.L has underperformed IDTW.L with an annualized return of 7.83%, while IDTW.L has yielded a comparatively higher 19.92% annualized return.
FEMU.L
- 1D
- -2.27%
- 1M
- -5.00%
- 6M
- 7.62%
- YTD
- 12.60%
- 1Y
- 27.56%
- 3Y*
- 15.27%
- 5Y*
- 6.52%
- 10Y*
- 7.83%
IDTW.L
- 1D
- -3.99%
- 1M
- -10.58%
- 6M
- 42.72%
- YTD
- 51.77%
- 1Y
- 73.35%
- 3Y*
- 37.69%
- 5Y*
- 18.84%
- 10Y*
- 19.92%
FEMU.L vs. IDTW.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FEMU.L First Trust Emerging Markets AlphaDEX UCITS ETF Class A USD (Acc) | 12.60% | 27.57% | 3.49% | 10.14% | -13.81% | 7.06% | -0.52% | 18.78% | -14.90% | 38.13% |
IDTW.L iShares MSCI Taiwan UCITS ETF USD (Dist) | 51.77% | 31.78% | 23.61% | 28.84% | -29.55% | 28.51% | 34.35% | 34.44% | -9.12% | 28.06% |
Correlation
The correlation between FEMU.L and IDTW.L is 0.67, 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 | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Apr 9, 2013 | 0.66 |
The correlation between FEMU.L and IDTW.L has been stable across timeframes, ranging from 0.61 to 0.67 - a consistent structural relationship.
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Return for Risk
FEMU.L vs. IDTW.L — Risk / Return Rank
FEMU.L
IDTW.L
FEMU.L vs. IDTW.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Emerging Markets AlphaDEX UCITS ETF Class A USD (Acc) (FEMU.L) and iShares MSCI Taiwan UCITS ETF USD (Dist) (IDTW.L). 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.
| FEMU.L | IDTW.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.20 | ||
| Sortino ratioReturn per unit of downside risk | -1.21 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.43 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 3.59 | 5.05 | -1.45 |
| Martin ratioReturn relative to average drawdown | 8.85 | 16.48 | -7.63 |
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Drawdowns
FEMU.L vs. IDTW.L - Drawdown Comparison
The maximum FEMU.L drawdown since its inception was -45.58%, smaller than the maximum IDTW.L drawdown of -60.07%. Use the drawdown chart below to compare losses from any high point for FEMU.L and IDTW.L.
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Drawdown Indicators
| FEMU.L | IDTW.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.58% | -60.07% | +14.49% |
Max Drawdown (1Y)Largest decline over 1 year | -7.64% | -14.46% | +6.82% |
Max Drawdown (3Y)Largest decline over 3 years | -17.61% | -28.24% | +10.63% |
Max Drawdown (5Y)Largest decline over 5 years | -31.08% | -40.98% | +9.90% |
Max Drawdown (10Y)Largest decline over 10 years | -45.58% | -40.98% | -4.60% |
Current DrawdownCurrent decline from peak | -7.52% | -14.46% | +6.94% |
Average DrawdownAverage peak-to-trough decline | -12.38% | -12.59% | +0.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.11% | 4.44% | -1.33% |
Volatility
FEMU.L vs. IDTW.L - Volatility Comparison
The current volatility for First Trust Emerging Markets AlphaDEX UCITS ETF Class A USD (Acc) (FEMU.L) is 7.95%, while iShares MSCI Taiwan UCITS ETF USD (Dist) (IDTW.L) has a volatility of 12.06%. This indicates that FEMU.L experiences smaller price fluctuations and is considered to be less risky than IDTW.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FEMU.L | IDTW.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.95% | 12.06% | -4.11% |
Volatility (6M)Calculated over the trailing 6-month period | 16.41% | 24.76% | -8.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.76% | 28.27% | -8.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.33% | 23.97% | -4.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.53% | 22.41% | -1.88% |
FEMU.L vs. IDTW.L - Expense Ratio Comparison
FEMU.L has a 0.80% expense ratio, which is higher than IDTW.L's 0.74% expense ratio.
Dividends
FEMU.L vs. IDTW.L - Dividend Comparison
FEMU.L has not paid dividends to shareholders, while IDTW.L's dividend yield for the trailing twelve months is around 0.99%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEMU.L First Trust Emerging Markets AlphaDEX UCITS ETF Class A USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IDTW.L iShares MSCI Taiwan UCITS ETF USD (Dist) | 0.99% | 1.51% | 1.43% | 2.09% | 3.39% | 1.35% | 1.73% | 2.15% | 2.78% | 2.70% | 3.10% | 3.33% |
Frequently Asked Questions
FEMU.L and IDTW.L have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IDTW.L is cheaper at 0.74% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IDTW.L is cheaper with a 0.74% expense ratio, compared with 0.80% for FEMU.L.
FEMU.L is categorized as Emerging Markets Equities, while IDTW.L is Technology Equities. FEMU.L tracks Nasdaq AlphaDEX Emerging Markets NTR Index, while IDTW.L tracks MSCI Taiwan 20/35 Index (Net) (USD). They also come from different issuers: First Trust and iShares. Their fees differ too: 0.80% for FEMU.L and 0.74% for IDTW.L.
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