IEMU.L vs. BBEU
Compare and contrast key facts about iShares VII plc -iShares Core MSCI EMU UCITS ETF EUR (Acc) (IEMU.L) and JPMorgan BetaBuilders Europe ETF (BBEU).
IEMU.L and BBEU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IEMU.L is a passively managed fund by iShares that tracks the performance of the MSCI EMU NR EUR. It was launched on Jan 12, 2010. BBEU is a passively managed fund by JPMorgan Chase that tracks the performance of the Morningstar Developed Europe Target Market Exposure Index. It was launched on Jun 15, 2018. Both IEMU.L and BBEU 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: IEMU.L or BBEU.
Key characteristics
| IEMU.L | BBEU | |
|---|---|---|
| YTD Return | 4.19% | 5.72% |
| 1Y Return | 17.91% | 18.31% |
| 3Y Return (Ann) | 1.38% | 2.48% |
| 5Y Return (Ann) | 6.34% | 6.94% |
| Sharpe Ratio | 1.16 | 1.39 |
| Sortino Ratio | 1.70 | 1.98 |
| Omega Ratio | 1.20 | 1.24 |
| Calmar Ratio | 1.48 | 1.92 |
| Martin Ratio | 5.57 | 7.47 |
| Ulcer Index | 3.08% | 2.38% |
| Daily Std Dev | 14.72% | 12.79% |
| Max Drawdown | -40.76% | -36.26% |
| Current Drawdown | -8.62% | -7.31% |
Correlation
The correlation between IEMU.L and BBEU is 0.74, 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.
Performance
IEMU.L vs. BBEU - Performance Comparison
In the year-to-date period, IEMU.L achieves a 4.19% return, which is significantly lower than BBEU's 5.72% return. 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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IEMU.L vs. BBEU - Expense Ratio Comparison
IEMU.L has a 0.12% expense ratio, which is higher than BBEU's 0.09% 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
IEMU.L vs. BBEU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares VII plc -iShares Core MSCI EMU UCITS ETF EUR (Acc) (IEMU.L) and JPMorgan BetaBuilders Europe ETF (BBEU). 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
IEMU.L vs. BBEU - Dividend Comparison
IEMU.L has not paid dividends to shareholders, while BBEU's dividend yield for the trailing twelve months is around 3.04%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
IEMU.L iShares VII plc -iShares Core MSCI EMU UCITS ETF EUR (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BBEU JPMorgan BetaBuilders Europe ETF | 3.04% | 2.94% | 4.72% | 2.63% | 2.29% | 3.24% | 0.49% |
Drawdowns
IEMU.L vs. BBEU - Drawdown Comparison
The maximum IEMU.L drawdown since its inception was -40.76%, which is greater than BBEU's maximum drawdown of -36.26%. Use the drawdown chart below to compare losses from any high point for IEMU.L and BBEU. For additional features, visit the drawdowns tool.
Volatility
IEMU.L vs. BBEU - Volatility Comparison
iShares VII plc -iShares Core MSCI EMU UCITS ETF EUR (Acc) (IEMU.L) has a higher volatility of 4.26% compared to JPMorgan BetaBuilders Europe ETF (BBEU) at 3.81%. This indicates that IEMU.L's price experiences larger fluctuations and is considered to be riskier than BBEU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.