IDNA.L vs. EIMI.L
IDNA.L (iShares MSCI North America UCITS ETF) and EIMI.L (iShares Core MSCI EM IMI UCITS ETF) are both exchange-traded funds - IDNA.L is a Global Equities fund tracking the iShares MSCI North America UCITS ETF, while EIMI.L is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Investable Market Index. Both are passively managed. Over the past 10 years, IDNA.L returned 14.35%/yr vs 9.25%/yr for EIMI.L. A 0.68 correlation means they provide meaningful diversification when combined. IDNA.L charges 0.40%/yr vs 0.18%/yr for EIMI.L.
Performance
IDNA.L vs. EIMI.L - Performance Comparison
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Returns By Period
In the year-to-date period, IDNA.L achieves a 10.19% return, which is significantly lower than EIMI.L's 18.64% return. Over the past 10 years, IDNA.L has outperformed EIMI.L with an annualized return of 14.35%, while EIMI.L has yielded a comparatively lower 9.25% annualized return.
IDNA.L
- 1D
- 0.17%
- 1M
- 0.35%
- 6M
- 9.68%
- YTD
- 10.19%
- 1Y
- 21.59%
- 3Y*
- 19.80%
- 5Y*
- 12.29%
- 10Y*
- 14.35%
EIMI.L
- 1D
- -0.30%
- 1M
- -6.07%
- 6M
- 13.34%
- YTD
- 18.64%
- 1Y
- 34.63%
- 3Y*
- 19.30%
- 5Y*
- 7.21%
- 10Y*
- 9.25%
IDNA.L vs. EIMI.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IDNA.L iShares MSCI North America UCITS ETF | 10.19% | 17.55% | 24.50% | 26.38% | -19.84% | 27.07% | 19.54% | 30.25% | -6.70% | 21.02% |
EIMI.L iShares Core MSCI EM IMI UCITS ETF | 18.64% | 32.16% | 7.36% | 11.03% | -19.67% | -0.65% | 18.80% | 16.37% | -14.18% | 36.94% |
Correlation
The correlation between IDNA.L and EIMI.L is 0.68, 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 | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.66 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since May 30, 2014 | 0.68 |
The correlation between IDNA.L and EIMI.L has been stable across timeframes, ranging from 0.63 to 0.68 - a consistent structural relationship.
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Return for Risk
IDNA.L vs. EIMI.L — Risk / Return Rank
IDNA.L
EIMI.L
IDNA.L vs. EIMI.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI North America UCITS ETF (IDNA.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.
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.
| IDNA.L | EIMI.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.23 | ||
| Sortino ratioReturn per unit of downside risk | +0.53 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.30 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.66 | 2.72 | -0.07 |
| Martin ratioReturn relative to average drawdown | 10.76 | 8.68 | +2.09 |
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Drawdowns
IDNA.L vs. EIMI.L - Drawdown Comparison
The maximum IDNA.L drawdown since its inception was -56.08%, which is greater than EIMI.L's maximum drawdown of -38.73%. Use the drawdown chart below to compare losses from any high point for IDNA.L and EIMI.L.
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Drawdown Indicators
| IDNA.L | EIMI.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.08% | -38.73% | -17.35% |
Max Drawdown (1Y)Largest decline over 1 year | -8.35% | -12.66% | +4.31% |
Max Drawdown (3Y)Largest decline over 3 years | -18.54% | -17.44% | -1.10% |
Max Drawdown (5Y)Largest decline over 5 years | -25.10% | -33.69% | +8.59% |
Max Drawdown (10Y)Largest decline over 10 years | -34.62% | -38.73% | +4.11% |
Current DrawdownCurrent decline from peak | -0.37% | -7.71% | +7.34% |
Average DrawdownAverage peak-to-trough decline | -8.95% | -13.92% | +4.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.07% | 3.98% | -1.91% |
Volatility
IDNA.L vs. EIMI.L - Volatility Comparison
The current volatility for iShares MSCI North America UCITS ETF (IDNA.L) is 2.95%, while iShares Core MSCI EM IMI UCITS ETF (EIMI.L) has a volatility of 8.59%. This indicates that IDNA.L experiences smaller price fluctuations and is considered to be less risky than EIMI.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IDNA.L | EIMI.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.95% | 8.59% | -5.64% |
Volatility (6M)Calculated over the trailing 6-month period | 9.26% | 19.48% | -10.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.07% | 21.43% | -9.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.18% | 18.83% | -2.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.20% | 19.22% | -3.02% |
IDNA.L vs. EIMI.L - Expense Ratio Comparison
IDNA.L has a 0.40% expense ratio, which is higher than EIMI.L's 0.18% expense ratio.
Dividends
IDNA.L vs. EIMI.L - Dividend Comparison
IDNA.L's dividend yield for the trailing twelve months is around 0.60%, while EIMI.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% | 0.00% | 0.00% | 0.00% |
IDNA.L iShares MSCI North America UCITS ETF | 0.60% | 0.66% | 0.77% | 0.96% | 1.13% | 0.76% | 1.03% | 1.23% | 1.45% | 1.27% | 1.42% | 1.56% |
Frequently Asked Questions
IDNA.L and EIMI.L have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EIMI.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EIMI.L is cheaper with a 0.18% expense ratio, compared with 0.40% for IDNA.L.
IDNA.L is categorized as Global Equities, while EIMI.L is Emerging Markets Equities. IDNA.L tracks iShares MSCI North America UCITS ETF, while EIMI.L tracks MSCI Emerging Markets Investable Market Index. Their fees differ too: 0.40% for IDNA.L and 0.18% for EIMI.L.
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