IEFM.L vs. ESIF.L
Compare and contrast key facts about iShares Edge MSCI Europe Momentum Factor UCITS ETF (IEFM.L) and iShares MSCI Europe Financials Sector UCITS ETF (ESIF.L).
IEFM.L and ESIF.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IEFM.L is a passively managed fund by iShares that tracks the performance of the MSCI Europe Growth NR EUR. It was launched on Jan 16, 2015. ESIF.L is a passively managed fund by iShares that tracks the performance of the MSCI World/Financials NR USD. It was launched on Nov 18, 2020. Both IEFM.L and ESIF.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
IEFM.L vs. ESIF.L - Performance Comparison
Loading graphics...
IEFM.L vs. ESIF.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IEFM.L iShares Edge MSCI Europe Momentum Factor UCITS ETF | 1.86% | 33.05% | 15.03% | 10.37% | -9.80% | 14.07% | 5.15% |
ESIF.L iShares MSCI Europe Financials Sector UCITS ETF | -3.05% | 54.55% | 20.09% | 18.81% | 3.59% | 20.48% | 2.82% |
Different Trading Currencies
IEFM.L is traded in GBp, while ESIF.L is traded in GBP. To make them comparable, the ESIF.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, IEFM.L achieves a 1.86% return, which is significantly higher than ESIF.L's -3.05% return.
IEFM.L
- 1D
- 4.16%
- 1M
- -3.84%
- YTD
- 1.86%
- 6M
- 6.62%
- 1Y
- 23.49%
- 3Y*
- 18.22%
- 5Y*
- 11.75%
- 10Y*
- 12.08%
ESIF.L
- 1D
- 3.39%
- 1M
- -2.30%
- YTD
- -3.05%
- 6M
- 6.41%
- 1Y
- 25.64%
- 3Y*
- 27.43%
- 5Y*
- 19.67%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IEFM.L vs. ESIF.L - Expense Ratio Comparison
IEFM.L has a 0.25% expense ratio, which is higher than ESIF.L's 0.18% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
IEFM.L vs. ESIF.L — Risk / Return Rank
IEFM.L
ESIF.L
IEFM.L vs. ESIF.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Europe Momentum Factor UCITS ETF (IEFM.L) and iShares MSCI Europe Financials Sector UCITS ETF (ESIF.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.
| IEFM.L | ESIF.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.91 | 1.38 | -0.47 |
Sortino ratioReturn per unit of downside risk | 1.42 | 1.82 | -0.40 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.26 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.70 | 2.24 | -0.54 |
Martin ratioReturn relative to average drawdown | 4.19 | 7.82 | -3.63 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| IEFM.L | ESIF.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.91 | 1.38 | -0.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | 1.08 | -0.42 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.71 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 1.14 | -0.48 |
Correlation
The correlation between IEFM.L and ESIF.L is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
IEFM.L vs. ESIF.L - Dividend Comparison
Neither IEFM.L nor ESIF.L has paid dividends to shareholders.
Drawdowns
IEFM.L vs. ESIF.L - Drawdown Comparison
The maximum IEFM.L drawdown since its inception was -23.88%, roughly equal to the maximum ESIF.L drawdown of -23.55%. Use the drawdown chart below to compare losses from any high point for IEFM.L and ESIF.L.
Loading graphics...
Drawdown Indicators
| IEFM.L | ESIF.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.88% | -23.55% | -0.33% |
Max Drawdown (1Y)Largest decline over 1 year | -14.04% | -12.22% | -1.82% |
Max Drawdown (5Y)Largest decline over 5 years | -21.33% | -23.55% | +2.22% |
Max Drawdown (10Y)Largest decline over 10 years | -23.88% | — | — |
Current DrawdownCurrent decline from peak | -6.40% | -5.60% | -0.80% |
Average DrawdownAverage peak-to-trough decline | -5.26% | -4.18% | -1.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.69% | 3.34% | +2.35% |
Volatility
IEFM.L vs. ESIF.L - Volatility Comparison
iShares Edge MSCI Europe Momentum Factor UCITS ETF (IEFM.L) has a higher volatility of 8.56% compared to iShares MSCI Europe Financials Sector UCITS ETF (ESIF.L) at 7.74%. This indicates that IEFM.L's price experiences larger fluctuations and is considered to be riskier than ESIF.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| IEFM.L | ESIF.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.56% | 7.74% | +0.82% |
Volatility (6M)Calculated over the trailing 6-month period | 22.92% | 13.15% | +9.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.75% | 18.52% | +7.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.79% | 18.18% | -0.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.90% | 18.18% | -1.28% |