IDTL.L vs. EMIM.L
IDTL.L (iShares Treasury Bond 20+ UCITS) and EMIM.L (iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc)) are both exchange-traded funds - IDTL.L is a Government Bonds fund tracking the ICE U.S. Treasury 20+ Year Bond Index, while EMIM.L is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Investable Market Index (IMI). Both are passively managed. Over the past 10 years, IDTL.L returned -1.77%/yr vs 10.74%/yr for EMIM.L. At a correlation of -0.10, they often move in opposite directions. IDTL.L charges 0.07%/yr vs 0.18%/yr for EMIM.L.
Performance
IDTL.L vs. EMIM.L - Performance Comparison
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Different Trading Currencies
IDTL.L is traded in USD, while EMIM.L is traded in GBp. To make them comparable, the EMIM.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, IDTL.L achieves a 1.10% return, which is significantly lower than EMIM.L's 22.57% return. Over the past 10 years, IDTL.L has underperformed EMIM.L with an annualized return of -1.77%, while EMIM.L has yielded a comparatively higher 10.74% annualized return.
IDTL.L
- 1D
- 0.31%
- 1M
- 3.31%
- YTD
- 1.10%
- 6M
- 1.72%
- 1Y
- 5.32%
- 3Y*
- -1.33%
- 5Y*
- -6.00%
- 10Y*
- -1.77%
EMIM.L
- 1D
- 0.54%
- 1M
- -0.24%
- YTD
- 22.57%
- 6M
- 23.66%
- 1Y
- 41.28%
- 3Y*
- 22.61%
- 5Y*
- 7.45%
- 10Y*
- 10.74%
IDTL.L vs. EMIM.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IDTL.L iShares Treasury Bond 20+ UCITS | 1.10% | 4.76% | -7.22% | 2.19% | -30.46% | -4.64% | 17.12% | 15.70% | -1.91% | 9.06% |
EMIM.L iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) | 22.57% | 32.66% | 7.36% | 10.47% | -19.77% | -0.17% | 18.43% | 17.21% | -14.45% | 36.59% |
Correlation
The correlation between IDTL.L and EMIM.L is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.07 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 2015 | -0.10 |
The correlation between IDTL.L and EMIM.L shifts across timeframes, from -0.10 (all time) to 0.25 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IDTL.L vs. EMIM.L — Risk / Return Rank
IDTL.L
EMIM.L
IDTL.L vs. EMIM.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Treasury Bond 20+ UCITS (IDTL.L) and iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (EMIM.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.
| IDTL.L | EMIM.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.54 | ||
| Sortino ratioReturn per unit of downside risk | -1.90 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.39 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | 0.69 | 3.18 | -2.49 |
| Martin ratioReturn relative to average drawdown | 1.66 | 11.19 | -9.53 |
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Drawdowns
IDTL.L vs. EMIM.L - Drawdown Comparison
The maximum IDTL.L drawdown since its inception was -48.31%, which is greater than EMIM.L's maximum drawdown of -39.32%. Use the drawdown chart below to compare losses from any high point for IDTL.L and EMIM.L.
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Drawdown Indicators
| IDTL.L | EMIM.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.31% | -39.32% | -8.99% |
Max Drawdown (1Y)Largest decline over 1 year | -7.72% | -12.93% | +5.21% |
Max Drawdown (3Y)Largest decline over 3 years | -18.16% | -17.29% | -0.87% |
Max Drawdown (5Y)Largest decline over 5 years | -43.00% | -35.46% | -7.54% |
Max Drawdown (10Y)Largest decline over 10 years | -48.31% | -39.32% | -8.99% |
Current DrawdownCurrent decline from peak | -39.00% | -4.42% | -34.58% |
Average DrawdownAverage peak-to-trough decline | -20.51% | -13.96% | -6.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.21% | 3.68% | -0.47% |
Volatility
IDTL.L vs. EMIM.L - Volatility Comparison
The current volatility for iShares Treasury Bond 20+ UCITS (IDTL.L) is 2.35%, while iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (EMIM.L) has a volatility of 8.96%. This indicates that IDTL.L experiences smaller price fluctuations and is considered to be less risky than EMIM.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IDTL.L | EMIM.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.35% | 8.96% | -6.61% |
Volatility (6M)Calculated over the trailing 6-month period | 6.88% | 17.70% | -10.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.96% | 19.83% | -9.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.10% | 18.59% | -3.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.68% | 19.29% | -4.61% |
IDTL.L vs. EMIM.L - Expense Ratio Comparison
IDTL.L has a 0.07% expense ratio, which is lower than EMIM.L's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IDTL.L vs. EMIM.L - Dividend Comparison
IDTL.L's dividend yield for the trailing twelve months is around 4.61%, while EMIM.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMIM.L iShares Core MSCI Emerging Markets IMI UCITS ETF (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% |
IDTL.L iShares Treasury Bond 20+ UCITS | 4.61% | 4.31% | 4.66% | 3.79% | 3.01% | 1.74% | 1.76% | 2.49% | 2.79% | 2.59% | 2.63% | 2.14% |
Frequently Asked Questions
IDTL.L and EMIM.L have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IDTL.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IDTL.L is cheaper with a 0.07% expense ratio, compared with 0.18% for EMIM.L.
IDTL.L is categorized as Government Bonds, while EMIM.L is Emerging Markets Equities. IDTL.L tracks ICE U.S. Treasury 20+ Year Bond Index, while EMIM.L tracks MSCI Emerging Markets Investable Market Index (IMI). Their fees differ too: 0.07% for IDTL.L and 0.18% for EMIM.L.
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