IDTW.L vs. EMGU.L
IDTW.L (iShares MSCI Taiwan UCITS ETF USD (Dist)) and EMGU.L (iShares Core MSCI Emerging Markets IMI UCITS ETF) are both exchange-traded funds - IDTW.L is a Technology Equities fund tracking the MSCI Taiwan 20/35 Index (Net) (USD), while EMGU.L is a Emerging Markets Equities fund tracking the MSCI EM NR USD. Both are passively managed. Over the past 5 years, IDTW.L returned 18.84%/yr vs 6.59%/yr for EMGU.L. A 0.74 correlation means they provide meaningful diversification when combined. IDTW.L charges 0.74%/yr vs 0.18%/yr for EMGU.L.
Performance
IDTW.L vs. EMGU.L - Performance Comparison
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Different Trading Currencies
IDTW.L is traded in USD, while EMGU.L is traded in GBP. To make them comparable, the EMGU.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, IDTW.L achieves a 51.77% return, which is significantly higher than EMGU.L's 14.94% return.
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%
EMGU.L
- 1D
- -1.73%
- 1M
- -8.34%
- 6M
- 9.81%
- YTD
- 14.94%
- 1Y
- 28.90%
- 3Y*
- 18.36%
- 5Y*
- 6.59%
- 10Y*
- —
IDTW.L vs. EMGU.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
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% | -11.25% |
EMGU.L iShares Core MSCI Emerging Markets IMI UCITS ETF | 14.94% | 32.32% | 7.22% | 10.53% | -19.59% | -0.33% | 18.24% | -6.75% | -24.83% |
Correlation
The correlation between IDTW.L and EMGU.L is 0.85, 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 | 0.85 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.76 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since Mar 6, 2018 | 0.74 |
The correlation between IDTW.L and EMGU.L shifts across timeframes, from 0.74 (all time) to 0.85 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IDTW.L vs. EMGU.L — Risk / Return Rank
IDTW.L
EMGU.L
IDTW.L vs. EMGU.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Taiwan UCITS ETF USD (Dist) (IDTW.L) and iShares Core MSCI Emerging Markets IMI UCITS ETF (EMGU.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.
| IDTW.L | EMGU.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.20 | ||
| Sortino ratioReturn per unit of downside risk | +1.27 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.26 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 5.05 | 2.19 | +2.85 |
| Martin ratioReturn relative to average drawdown | 16.48 | 7.07 | +9.41 |
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Drawdowns
IDTW.L vs. EMGU.L - Drawdown Comparison
The maximum IDTW.L drawdown since its inception was -60.07%, which is greater than EMGU.L's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for IDTW.L and EMGU.L.
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Drawdown Indicators
| IDTW.L | EMGU.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.07% | -54.63% | -5.44% |
Max Drawdown (1Y)Largest decline over 1 year | -14.46% | -13.11% | -1.35% |
Max Drawdown (3Y)Largest decline over 3 years | -28.24% | -17.26% | -10.98% |
Max Drawdown (5Y)Largest decline over 5 years | -40.98% | -33.73% | -7.25% |
Max Drawdown (10Y)Largest decline over 10 years | -40.98% | — | — |
Current DrawdownCurrent decline from peak | -14.46% | -10.55% | -3.91% |
Average DrawdownAverage peak-to-trough decline | -12.59% | -23.09% | +10.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.44% | 4.08% | +0.36% |
Volatility
IDTW.L vs. EMGU.L - Volatility Comparison
iShares MSCI Taiwan UCITS ETF USD (Dist) (IDTW.L) has a higher volatility of 12.06% compared to iShares Core MSCI Emerging Markets IMI UCITS ETF (EMGU.L) at 8.84%. This indicates that IDTW.L's price experiences larger fluctuations and is considered to be riskier than EMGU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IDTW.L | EMGU.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.06% | 8.84% | +3.22% |
Volatility (6M)Calculated over the trailing 6-month period | 24.76% | 18.78% | +5.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.27% | 20.78% | +7.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.97% | 18.66% | +5.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.41% | 21.05% | +1.36% |
IDTW.L vs. EMGU.L - Expense Ratio Comparison
IDTW.L has a 0.74% expense ratio, which is higher than EMGU.L's 0.18% expense ratio.
Dividends
IDTW.L vs. EMGU.L - Dividend Comparison
IDTW.L's dividend yield for the trailing twelve months is around 0.99%, less than EMGU.L's 1.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMGU.L iShares Core MSCI Emerging Markets IMI UCITS ETF | 1.74% | 1.93% | 2.26% | 2.51% | 3.16% | 1.86% | 1.81% | 2.81% | 1.39% | 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
IDTW.L and EMGU.L have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EMGU.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EMGU.L is cheaper with a 0.18% expense ratio, compared with 0.74% for IDTW.L.
IDTW.L is categorized as Technology Equities, while EMGU.L is Emerging Markets Equities. IDTW.L tracks MSCI Taiwan 20/35 Index (Net) (USD), while EMGU.L tracks MSCI EM NR USD. Their fees differ too: 0.74% for IDTW.L and 0.18% for EMGU.L.
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