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GEDM.L vs. EIMI.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

GEDM.L vs. EIMI.L

Last updated Jun 5, 2026

GEDM.L (iShares MSCI EM IMI ESG Screened UCITS ETF USD (Dist)) and EIMI.L (iShares Core MSCI EM IMI UCITS ETF) are both Emerging Markets Equities funds from iShares - GEDM.L tracks the MSCI EM NR USD while EIMI.L tracks the MSCI Emerging Markets Investable Market Index. Both are passively managed. Over the past 5 years, GEDM.L returned 6.10%/yr vs 8.77%/yr for EIMI.L. A 0.78 correlation means they provide meaningful diversification when combined. Both charge a 0.18% expense ratio.

Performance

GEDM.L vs. EIMI.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares MSCI EM IMI ESG Screened UCITS ETF USD (Dist) (GEDM.L) and iShares Core MSCI EM IMI UCITS ETF (EIMI.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

GEDM.L is traded in GBP, while EIMI.L is traded in USD. To make them comparable, the EIMI.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

The year-to-date returns for both stocks are quite close, with GEDM.L having a 25.28% return and EIMI.L slightly lower at 24.75%.

GEDM.L

1D
-1.42%
1M
4.42%
YTD
25.28%
6M
24.64%
1Y
47.14%
3Y*
17.66%
5Y*
6.10%
10Y*
—

EIMI.L

1D
-1.30%
1M
5.47%
YTD
24.75%
6M
26.33%
1Y
50.86%
3Y*
20.20%
5Y*
8.77%
10Y*
11.09%
*Multi-year figures are annualized to reflect compound growth (CAGR)

GEDM.L vs. EIMI.L - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
GEDM.L
iShares MSCI EM IMI ESG Screened UCITS ETF USD (Dist)		25.28%21.46%6.51%2.00%-13.11%-2.00%17.86%-1.37%
EIMI.L
iShares Core MSCI EM IMI UCITS ETF		24.71%22.75%9.23%5.48%-10.12%0.29%15.31%3.55%

Correlation

The correlation between GEDM.L and EIMI.L is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.93

Correlation (3Y)
Calculated over the trailing 3-year period

0.90

Correlation (5Y)
Calculated over the trailing 5-year period

0.87

Correlation (All Time)
Calculated using the full available price history since Nov 28, 2019

0.78

The correlation between GEDM.L and EIMI.L shifts across timeframes, from 0.78 (all time) to 0.93 (1 year), reflecting how their relationship changes across market environments.

GEDM.L vs. EIMI.L - Sectors Allocation Comparison

Sectors
GEDM.L
EIMI.L

Technology

40.9%
35.0%

Financial Services

18.0%
18.4%

Consumer Cyclical

9.4%
9.6%

Industrials

7.8%
8.9%

Communication Services

6.2%
6.4%

Basic Materials

5.6%
6.9%

Healthcare

3.5%
3.7%

Energy

3.0%
3.9%

Consumer Defensive

2.8%
3.3%

Real Estate

1.7%
1.7%

Utilities

1.2%
2.2%

Technology

GEDM.L
40.9%
EIMI.L
35.0%

Financial Services

GEDM.L
18.0%
EIMI.L
18.4%

Consumer Cyclical

GEDM.L
9.4%
EIMI.L
9.6%

Industrials

GEDM.L
7.8%
EIMI.L
8.9%

Communication Services

GEDM.L
6.2%
EIMI.L
6.4%

Basic Materials

GEDM.L
5.6%
EIMI.L
6.9%

Healthcare

GEDM.L
3.5%
EIMI.L
3.7%

Energy

GEDM.L
3.0%
EIMI.L
3.9%

Consumer Defensive

GEDM.L
2.8%
EIMI.L
3.3%

Real Estate

GEDM.L
1.7%
EIMI.L
1.7%

Utilities

GEDM.L
1.2%
EIMI.L
2.2%

Compare stocks, funds, or ETFs

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iShares MSCI EM IMI ESG Screened UCITS ETF USD (Dist)

iShares Core MSCI EM IMI UCITS ETF

Often compared with GEDM.L:
GEDM.L vs. VUAA.DEGEDM.L vs. EXCS.LGEDM.L vs. DGSE.LGEDM.L vs. HMEF.LGEDM.L vs. SWDA.LGEDM.L vs. DEMS.LGEDM.L vs. E127.L
Often compared with EIMI.L:
EIMI.L vs. VFEA.DEEIMI.L vs. CSPX.LEIMI.L vs. AVEMEIMI.L vs. SWRD.LEIMI.L vs. VWOEIMI.L vs. VFEG.LEIMI.L vs. AEME.L

Return for Risk

GEDM.L vs. EIMI.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
GEDM.L
GEDM.L Risk / Return Rank: 8383
Overall Rank
GEDM.L Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
GEDM.L Sortino Ratio Rank: 8282
Sortino Ratio Rank
GEDM.L Omega Ratio Rank: 8787
Omega Ratio Rank
GEDM.L Calmar Ratio Rank: 8282
Calmar Ratio Rank
GEDM.L Martin Ratio Rank: 7777
Martin Ratio Rank
EIMI.L
EIMI.L Risk / Return Rank: 7878
Overall Rank
EIMI.L Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
EIMI.L Sortino Ratio Rank: 7777
Sortino Ratio Rank
EIMI.L Omega Ratio Rank: 8080
Omega Ratio Rank
EIMI.L Calmar Ratio Rank: 7878
Calmar Ratio Rank
EIMI.L Martin Ratio Rank: 7575
Martin Ratio Rank
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.

GEDM.L vs. EIMI.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM IMI ESG Screened UCITS ETF USD (Dist) (GEDM.L) and iShares Core MSCI EM IMI UCITS ETF (EIMI.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.

GEDM.LEIMI.LDifference
Sharpe ratioReturn per unit of total volatility
2.85
2.83

+0.02

Sortino ratioReturn per unit of downside risk
3.62
3.67

-0.05

Omega ratioGain probability vs. loss probability

1.53

1.53

0.00

Calmar ratioReturn relative to maximum drawdown

4.24

4.78

-0.54

Martin ratioReturn relative to average drawdown

14.72

16.25

-1.53

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GEDM.L vs. EIMI.L - Sharpe Ratio Comparison

The current GEDM.L Sharpe Ratio is 2.85, which is comparable to the EIMI.L Sharpe Ratio of 2.83. The chart below compares the historical Sharpe Ratios of GEDM.L and EIMI.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

GEDM.LEIMI.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.85

2.83

+0.02

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.39

0.53

-0.14

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.60

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.50

0.47

+0.03

Drawdowns

GEDM.L vs. EIMI.L - Drawdown Comparison

The maximum GEDM.L drawdown since its inception was -27.84%, smaller than the maximum EIMI.L drawdown of -31.70%. Use the drawdown chart below to compare losses from any high point for GEDM.L and EIMI.L.

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Drawdown Indicators

GEDM.LEIMI.LDifference

Max Drawdown

Largest peak-to-trough decline

-27.84%

-31.70%

+3.86%

Max Drawdown (1Y)

Largest decline over 1 year

-11.47%

-10.58%

-0.89%

Max Drawdown (3Y)

Largest decline over 3 years

-16.11%

-15.79%

-0.32%

Max Drawdown (5Y)

Largest decline over 5 years

-24.79%

-22.27%

-2.52%

Max Drawdown (10Y)

Largest decline over 10 years

—

-26.10%

—

Current Drawdown

Current decline from peak

-2.14%

-2.29%

+0.15%

Average Drawdown

Average peak-to-trough decline

-13.15%

-8.72%

-4.43%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.29%

3.12%

+0.17%

Volatility

GEDM.L vs. EIMI.L - Volatility Comparison

iShares MSCI EM IMI ESG Screened UCITS ETF USD (Dist) (GEDM.L) and iShares Core MSCI EM IMI UCITS ETF (EIMI.L) have volatilities of 7.23% and 7.58%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

GEDM.LEIMI.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.23%

7.58%

-0.35%

Volatility (6M)

Calculated over the trailing 6-month period

14.62%

15.58%

-0.96%

Volatility (1Y)

Calculated over the trailing 1-year period

17.10%

17.91%

-0.81%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.79%

16.61%

+0.18%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.98%

18.39%

+0.59%

GEDM.L vs. EIMI.L - Expense Ratio Comparison

Both GEDM.L and EIMI.L have an expense ratio of 0.18%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

GEDM.L vs. EIMI.L - Dividend Comparison

GEDM.L's dividend yield for the trailing twelve months is around 0.02%, while EIMI.L has not paid dividends to shareholders.

PositionTTM2025202420232022202120202019
EIMI.L
iShares Core MSCI EM IMI UCITS ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
GEDM.L
iShares MSCI EM IMI ESG Screened UCITS ETF USD (Dist)		0.02%0.02%0.02%0.02%0.03%0.02%0.02%0.01%

Frequently Asked Questions

With a correlation of 0.93, GEDM.L and EIMI.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Both ETFs have the same 0.18% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

GEDM.L and EIMI.L have the same expense ratio: 0.18% per year.

GEDM.L tracks MSCI EM NR USD, while EIMI.L tracks MSCI Emerging Markets Investable Market Index.

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