IEMD.L vs. URTH
Compare and contrast key facts about iShares Edge MSCI Europe Momentum Factor UCITS ETF EUR (Dist) (IEMD.L) and iShares MSCI World ETF (URTH).
IEMD.L and URTH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IEMD.L is a passively managed fund by iShares that tracks the performance of the MSCI Europe Growth NR EUR. It was launched on Feb 23, 2018. URTH is a passively managed fund by iShares that tracks the performance of the MSCI World Index. It was launched on Jan 10, 2012. Both IEMD.L and URTH are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IEMD.L or URTH.
Key characteristics
| IEMD.L | URTH | |
|---|---|---|
| YTD Return | 16.73% | 16.06% |
| 1Y Return | 21.59% | 23.81% |
| 3Y Return (Ann) | 4.90% | 7.14% |
| 5Y Return (Ann) | 10.20% | 12.49% |
| Sharpe Ratio | 1.70 | 2.02 |
| Daily Std Dev | 12.44% | 12.37% |
| Max Drawdown | -30.77% | -34.01% |
| Current Drawdown | -2.71% | -0.67% |
Correlation
The correlation between IEMD.L and URTH is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IEMD.L vs. URTH - Performance Comparison
The year-to-date returns for both stocks are quite close, with IEMD.L having a 16.73% return and URTH slightly lower at 16.06%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IEMD.L vs. URTH - Expense Ratio Comparison
IEMD.L has a 0.25% expense ratio, which is higher than URTH's 0.24% 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%.
Risk-Adjusted Performance
IEMD.L vs. URTH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Europe Momentum Factor UCITS ETF EUR (Dist) (IEMD.L) and iShares MSCI World ETF (URTH). 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.
Dividends
IEMD.L vs. URTH - Dividend Comparison
IEMD.L's dividend yield for the trailing twelve months is around 2.58%, more than URTH's 1.49% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IEMD.L iShares Edge MSCI Europe Momentum Factor UCITS ETF EUR (Dist) | 2.58% | 2.78% | 2.90% | 1.77% | 1.36% | 2.00% | 2.51% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
URTH iShares MSCI World ETF | 1.49% | 1.70% | 1.68% | 1.50% | 1.52% | 2.16% | 2.30% | 1.88% | 2.15% | 2.35% | 2.31% | 1.04% |
Drawdowns
IEMD.L vs. URTH - Drawdown Comparison
The maximum IEMD.L drawdown since its inception was -30.77%, smaller than the maximum URTH drawdown of -34.01%. Use the drawdown chart below to compare losses from any high point for IEMD.L and URTH. For additional features, visit the drawdowns tool.
Volatility
IEMD.L vs. URTH - Volatility Comparison
iShares Edge MSCI Europe Momentum Factor UCITS ETF EUR (Dist) (IEMD.L) and iShares MSCI World ETF (URTH) have volatilities of 4.19% and 4.04%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.