IEDI vs. TMH

Last updated Jun 24, 2026

IEDI (iShares Evolved U.S. Discretionary Spending ETF) and TMH (Toyota Motor Corporation ADRhedged) are both Consumer Discretionary Equities funds. IEDI is actively managed, while TMH is passively managed. A 0.66 correlation means they provide meaningful diversification when combined. IEDI charges 0.18%/yr vs 0.19%/yr for TMH.

Performance

IEDI vs. TMH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Evolved U.S. Discretionary Spending ETF (IEDI) and Toyota Motor Corporation ADRhedged (TMH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IEDI

• 1D: 0.23%
• 1M: -0.61%
• YTD: -0.29%
• 6M: -0.97%
• 1Y: 2.66%
• 3Y*: 12.75%
• 5Y*: 5.94%
• 10Y*: —

TMH

• 1D: -1.80%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IEDI vs. TMH - Yearly Performance Comparison

	2026 (YTD)
IEDI iShares Evolved U.S. Discretionary Spending ETF	-0.83%
TMH Toyota Motor Corporation ADRhedged	-9.71%

Correlation

The correlation between IEDI and TMH is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.66

Return for Risk

IEDI vs. TMH — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IEDI

IEDI Risk / Return Rank: 11
IEDI Sharpe Ratio Rank: 11
IEDI Sortino Ratio Rank: 11
IEDI Omega Ratio Rank: 10
IEDI Calmar Ratio Rank: 12
IEDI Martin Ratio Rank: 12

TMH

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

IEDI vs. TMH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Evolved U.S. Discretionary Spending ETF (IEDI) and Toyota Motor Corporation ADRhedged (TMH). 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.

	IEDI	TMH	Difference
Sharpe ratio: Return per unit of total volatility	0.20	—	—
Sortino ratio: Return per unit of downside risk	0.39	—	—
Omega ratio: Gain probability vs. loss probability	1.04	—	—
Calmar ratio: Return relative to maximum drawdown	0.28	—	—
Martin ratio: Return relative to average drawdown	0.66	—	—

Drawdowns

IEDI vs. TMH - Drawdown Comparison

The maximum IEDI drawdown since its inception was -30.60%, which is greater than TMH's maximum drawdown of -10.20%. Use the drawdown chart below to compare losses from any high point for IEDI and TMH.

Drawdown Indicators

	IEDI	TMH	Difference
Max Drawdown Largest peak-to-trough decline	-30.60%	-10.20%	-20.40%
Max Drawdown (1Y) Largest decline over 1 year	-9.44%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.64%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-29.79%	—	—
Current Drawdown Current decline from peak	-6.12%	-10.20%	+4.08%
Average Drawdown Average peak-to-trough decline	-6.92%	-5.78%	-1.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.05%	—	—

Volatility

Volatility by Period

	IEDI	TMH	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.27%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.59%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.66%	25.94%	-12.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.26%	25.94%	-7.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.42%	25.94%	-6.52%

IEDI vs. TMH - Expense Ratio Comparison

IEDI has a 0.18% expense ratio, which is lower than TMH's 0.19% 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

IEDI vs. TMH - Dividend Comparison

IEDI's dividend yield for the trailing twelve months is around 0.96%, less than TMH's 5.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
IEDI iShares Evolved U.S. Discretionary Spending ETF	0.96%	0.95%	0.90%	1.13%	3.38%	0.70%	0.83%	2.07%	1.57%
TMH Toyota Motor Corporation ADRhedged	5.28%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IEDI and TMH in my portfolio?

IEDI and TMH have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IEDI or TMH?

On fees, IEDI is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IEDI or TMH?

IEDI is cheaper with a 0.18% expense ratio, compared with 0.19% for TMH.

Which ETF pays a higher dividend yield, IEDI or TMH?

TMH has the higher dividend yield at 5.28%, compared with 0.96% for IEDI.

What is the main difference between IEDI and TMH?

They also come from different issuers: iShares and ADRhedged. Their fees differ too: 0.18% for IEDI and 0.19% for TMH.