IMEU.AS vs. IEDL.L
IMEU.AS (iShares Core MSCI Europe UCITS ETF EUR (Dist)) and IEDL.L (iShares Edge MSCI Europe Value Factor UCITS ETF EUR (Dist)) are both Europe Equities funds from iShares - IMEU.AS tracks the MSCI Europe NR EUR while IEDL.L tracks the MSCI Europe Value NR EUR. Both are passively managed. Over the past 5 years, IMEU.AS returned 9.85%/yr vs 14.48%/yr for IEDL.L. Their correlation of 0.89 suggests significant overlap in exposure. IMEU.AS charges 1.00%/yr vs 0.25%/yr for IEDL.L.
Performance
IMEU.AS vs. IEDL.L - Performance Comparison
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Returns By Period
In the year-to-date period, IMEU.AS achieves a 6.89% return, which is significantly lower than IEDL.L's 14.13% return.
IMEU.AS
- 1D
- -0.67%
- 1M
- 3.83%
- YTD
- 6.89%
- 6M
- 9.70%
- 1Y
- 16.16%
- 3Y*
- 13.32%
- 5Y*
- 9.85%
- 10Y*
- 9.15%
IEDL.L
- 1D
- -0.48%
- 1M
- 4.00%
- YTD
- 14.13%
- 6M
- 18.09%
- 1Y
- 33.31%
- 3Y*
- 21.46%
- 5Y*
- 14.48%
- 10Y*
- —
IMEU.AS vs. IEDL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
IMEU.AS iShares Core MSCI Europe UCITS ETF EUR (Dist) | 6.89% | 19.89% | 8.97% | 15.72% | -9.15% | 25.73% | -3.22% | 25.57% | -8.36% |
IEDL.L iShares Edge MSCI Europe Value Factor UCITS ETF EUR (Dist) | 14.13% | 35.00% | 10.46% | 13.50% | -3.75% | 26.71% | -8.76% | 21.78% | -12.14% |
Correlation
The correlation between IMEU.AS and IEDL.L is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.87 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.87 |
Correlation (All Time) Calculated using the full available price history since Feb 28, 2018 | 0.89 |
The correlation between IMEU.AS and IEDL.L has been stable across timeframes, ranging from 0.87 to 0.89 - a consistent structural relationship.
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Return for Risk
IMEU.AS vs. IEDL.L — Risk / Return Rank
IMEU.AS
IEDL.L
IMEU.AS vs. IEDL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI Europe UCITS ETF EUR (Dist) (IMEU.AS) and iShares Edge MSCI Europe Value Factor UCITS ETF EUR (Dist) (IEDL.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.
| IMEU.AS | IEDL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.18 | ||
| Sortino ratioReturn per unit of downside risk | -1.46 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.45 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.68 | 3.42 | -1.74 |
| Martin ratioReturn relative to average drawdown | 6.32 | 12.72 | -6.40 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IMEU.AS | IEDL.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.26 | 2.44 | -1.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.94 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 0.59 | -0.29 |
Drawdowns
IMEU.AS vs. IEDL.L - Drawdown Comparison
The maximum IMEU.AS drawdown since its inception was -57.85%, which is greater than IEDL.L's maximum drawdown of -39.74%. Use the drawdown chart below to compare losses from any high point for IMEU.AS and IEDL.L.
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Drawdown Indicators
| IMEU.AS | IEDL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.85% | -39.74% | -18.11% |
Max Drawdown (1Y)Largest decline over 1 year | -9.49% | -9.70% | +0.21% |
Max Drawdown (3Y)Largest decline over 3 years | -16.34% | -17.52% | +1.18% |
Max Drawdown (5Y)Largest decline over 5 years | -19.26% | -19.57% | +0.31% |
Max Drawdown (10Y)Largest decline over 10 years | -35.73% | — | — |
Current DrawdownCurrent decline from peak | -2.22% | -0.66% | -1.56% |
Average DrawdownAverage peak-to-trough decline | -11.91% | -6.19% | -5.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.53% | 2.61% | -0.08% |
Volatility
IMEU.AS vs. IEDL.L - Volatility Comparison
iShares Core MSCI Europe UCITS ETF EUR (Dist) (IMEU.AS) and iShares Edge MSCI Europe Value Factor UCITS ETF EUR (Dist) (IEDL.L) have volatilities of 4.89% and 4.83%, 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.
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Volatility by Period
| IMEU.AS | IEDL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.89% | 4.83% | +0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 10.53% | 10.95% | -0.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.69% | 13.60% | -0.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.05% | 15.42% | -1.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.55% | 17.97% | -2.42% |
IMEU.AS vs. IEDL.L - Expense Ratio Comparison
IMEU.AS has a 1.00% expense ratio, which is higher than IEDL.L's 0.25% expense ratio.
Dividends
IMEU.AS vs. IEDL.L - Dividend Comparison
IMEU.AS's dividend yield for the trailing twelve months is around 2.55%, less than IEDL.L's 3.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IEDL.L iShares Edge MSCI Europe Value Factor UCITS ETF EUR (Dist) | 3.01% | 3.44% | 4.22% | 4.76% | 4.23% | 3.56% | 2.32% | 3.86% | 3.19% | 0.00% | 0.00% | 0.00% |
IMEU.AS iShares Core MSCI Europe UCITS ETF EUR (Dist) | 2.55% | 2.55% | 2.87% | 2.88% | 2.93% | 2.25% | 2.08% | 3.06% | 3.23% | 2.64% | 2.85% | 2.67% |
Frequently Asked Questions
IMEU.AS and IEDL.L have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IEDL.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IEDL.L is cheaper with a 0.25% expense ratio, compared with 1.00% for IMEU.AS.
IMEU.AS tracks MSCI Europe NR EUR, while IEDL.L tracks MSCI Europe Value NR EUR. Their fees differ too: 1.00% for IMEU.AS and 0.25% for IEDL.L.
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