IESG.L vs. EEDS.L
IESG.L (iShares MSCI Europe SRI UCITS ETF) and EEDS.L (iShares MSCI USA CTB Enhanced ESG UCITS ETF USD (Dist)) are both exchange-traded funds - IESG.L is a ESG fund tracking the MSCI Europe SRI Select Reduced Fossil Fuel Index, while EEDS.L is a Large Cap Blend Equities fund tracking the MSCI USA ESG Enhanced CTB Index. Both are passively managed. Over the past 5 years, IESG.L returned 5.24%/yr vs 11.32%/yr for EEDS.L. A 0.67 correlation means they provide meaningful diversification when combined. IESG.L charges 0.20%/yr vs 0.07%/yr for EEDS.L.
Performance
IESG.L vs. EEDS.L - Performance Comparison
Loading charts...
Different Trading Currencies
IESG.L is traded in GBp, while EEDS.L is traded in USD. To make them comparable, the EEDS.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, IESG.L achieves a 7.43% return, which is significantly lower than EEDS.L's 8.23% return.
IESG.L
- 1D
- -0.35%
- 1M
- -1.16%
- 6M
- 4.35%
- YTD
- 7.43%
- 1Y
- 9.06%
- 3Y*
- 7.76%
- 5Y*
- 5.24%
- 10Y*
- 8.44%
EEDS.L
- 1D
- -1.14%
- 1M
- -1.64%
- 6M
- 6.74%
- YTD
- 8.23%
- 1Y
- 17.90%
- 3Y*
- 16.57%
- 5Y*
- 11.32%
- 10Y*
- —
IESG.L vs. EEDS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
IESG.L iShares MSCI Europe SRI UCITS ETF | 7.43% | 8.44% | 0.88% | 14.27% | -9.89% | 18.85% | 9.51% | 16.56% |
EEDS.L iShares MSCI USA CTB Enhanced ESG UCITS ETF USD (Dist) | 8.23% | 6.78% | 26.38% | 19.86% | -12.36% | 29.08% | 18.69% | 17.42% |
Correlation
The correlation between IESG.L and EEDS.L is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2019 | 0.67 |
The correlation between IESG.L and EEDS.L shifts across timeframes, from 0.56 (3 years) to 0.67 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IESG.L vs. EEDS.L — Risk / Return Rank
IESG.L
EEDS.L
IESG.L vs. EEDS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Europe SRI UCITS ETF (IESG.L) and iShares MSCI USA CTB Enhanced ESG UCITS ETF USD (Dist) (EEDS.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.
| IESG.L | EEDS.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.71 | ||
| Sortino ratioReturn per unit of downside risk | -0.96 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.26 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.80 | 2.05 | -1.25 |
| Martin ratioReturn relative to average drawdown | 2.63 | 6.63 | -4.00 |
Loading charts...
Drawdowns
IESG.L vs. EEDS.L - Drawdown Comparison
The maximum IESG.L drawdown since its inception was -33.61%, which is greater than EEDS.L's maximum drawdown of -25.65%. Use the drawdown chart below to compare losses from any high point for IESG.L and EEDS.L.
Loading charts...
Drawdown Indicators
| IESG.L | EEDS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.61% | -25.65% | -7.96% |
Max Drawdown (1Y)Largest decline over 1 year | -11.32% | -8.69% | -2.63% |
Max Drawdown (3Y)Largest decline over 3 years | -15.07% | -22.21% | +7.14% |
Max Drawdown (5Y)Largest decline over 5 years | -20.77% | -22.21% | +1.44% |
Max Drawdown (10Y)Largest decline over 10 years | -25.95% | — | — |
Current DrawdownCurrent decline from peak | -2.33% | -2.14% | -0.19% |
Average DrawdownAverage peak-to-trough decline | -6.95% | -4.18% | -2.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.44% | 2.69% | +0.75% |
Volatility
IESG.L vs. EEDS.L - Volatility Comparison
iShares MSCI Europe SRI UCITS ETF (IESG.L) has a higher volatility of 3.49% compared to iShares MSCI USA CTB Enhanced ESG UCITS ETF USD (Dist) (EEDS.L) at 3.29%. This indicates that IESG.L's price experiences larger fluctuations and is considered to be riskier than EEDS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IESG.L | EEDS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.49% | 3.29% | +0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 10.90% | 9.58% | +1.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.93% | 12.74% | +0.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.26% | 15.93% | +0.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.78% | 17.26% | -1.48% |
IESG.L vs. EEDS.L - Expense Ratio Comparison
IESG.L has a 0.20% expense ratio, which is higher than EEDS.L's 0.07% 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%.
Dividends
IESG.L vs. EEDS.L - Dividend Comparison
IESG.L has not paid dividends to shareholders, while EEDS.L's dividend yield for the trailing twelve months is around 0.84%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
EEDS.L iShares MSCI USA CTB Enhanced ESG UCITS ETF USD (Dist) | 0.84% | 0.89% | 1.00% | 1.15% | 1.42% | 1.01% | 1.24% | 1.07% |
IESG.L iShares MSCI Europe SRI UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IESG.L and EEDS.L have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EEDS.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EEDS.L is cheaper with a 0.07% expense ratio, compared with 0.20% for IESG.L.
IESG.L is categorized as ESG, while EEDS.L is Large Cap Blend Equities. IESG.L tracks MSCI Europe SRI Select Reduced Fossil Fuel Index, while EEDS.L tracks MSCI USA ESG Enhanced CTB Index. Their fees differ too: 0.20% for IESG.L and 0.07% for EEDS.L.
Find the right allocation for IESG.L and EEDS.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer