IQQE.DE vs. VHYL.AS

Last updated Apr 2, 2026

Compare and contrast key facts about iShares MSCI EM UCITS ETF (Dist) (IQQE.DE) and Vanguard FTSE All-World High Dividend Yield UCITS ETF - (USD) Distributing (VHYL.AS).

IQQE.DE and VHYL.AS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IQQE.DE is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets. It was launched on Nov 18, 2005. VHYL.AS is a passively managed fund by Vanguard that tracks the performance of the MSCI World High Dividend Yield NR USD. It was launched on May 21, 2013. Both IQQE.DE and VHYL.AS 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

IQQE.DE vs. VHYL.AS - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares MSCI EM UCITS ETF (Dist) (IQQE.DE) and Vanguard FTSE All-World High Dividend Yield UCITS ETF - (USD) Distributing (VHYL.AS). The values are adjusted to include any dividend payments, if applicable.

IQQE.DE vs. VHYL.AS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IQQE.DE iShares MSCI EM UCITS ETF (Dist)	6.03%	19.76%	13.75%	5.63%	-14.17%	4.20%	7.47%	20.26%	-11.31%	19.90%
VHYL.AS Vanguard FTSE All-World High Dividend Yield UCITS ETF - (USD) Distributing	6.50%	12.40%	16.77%	7.02%	0.17%	27.85%	-8.79%	22.93%	-7.01%	4.82%

Returns By Period

In the year-to-date period, IQQE.DE achieves a 6.03% return, which is significantly lower than VHYL.AS's 6.50% return. Over the past 10 years, IQQE.DE has underperformed VHYL.AS with an annualized return of 7.90%, while VHYL.AS has yielded a comparatively higher 9.46% annualized return.

IQQE.DE

• 1D: 3.34%
• 1M: -5.54%
• YTD: 6.03%
• 6M: 9.72%
• 1Y: 25.47%
• 3Y*: 14.09%
• 5Y*: 4.55%
• 10Y*: 7.90%

VHYL.AS

• 1D: 1.28%
• 1M: -2.96%
• YTD: 6.50%
• 6M: 11.50%
• 1Y: 16.47%
• 3Y*: 14.42%
• 5Y*: 10.93%
• 10Y*: 9.46%

*Multi-year figures are annualized to reflect compound growth (CAGR)

IQQE.DE vs. VHYL.AS - Expense Ratio Comparison

IQQE.DE has a 0.18% expense ratio, which is lower than VHYL.AS's 0.29% expense ratio.

VHYL.AS

Vanguard FTSE All-World High Dividend Yield UCITS ETF - (USD) Distributing

IQQE.DE

iShares MSCI EM UCITS ETF (Dist)

Return for Risk

IQQE.DE vs. VHYL.AS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IQQE.DE

IQQE.DE Risk / Return Rank: 73
IQQE.DE Sharpe Ratio Rank: 73
IQQE.DE Sortino Ratio Rank: 71
IQQE.DE Omega Ratio Rank: 68
IQQE.DE Calmar Ratio Rank: 79
IQQE.DE Martin Ratio Rank: 72

VHYL.AS

VHYL.AS Risk / Return Rank: 78
VHYL.AS Sharpe Ratio Rank: 67
VHYL.AS Sortino Ratio Rank: 59
VHYL.AS Omega Ratio Rank: 69
VHYL.AS Calmar Ratio Rank: 96
VHYL.AS Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IQQE.DE vs. VHYL.AS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM UCITS ETF (Dist) (IQQE.DE) and Vanguard FTSE All-World High Dividend Yield UCITS ETF - (USD) Distributing (VHYL.AS). 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.

	IQQE.DE	VHYL.AS	Difference
Sharpe ratio Return per unit of total volatility	1.37	1.22	+0.15
Sortino ratio Return per unit of downside risk	1.86	1.59	+0.28
Omega ratio Gain probability vs. loss probability	1.26	1.26	0.00
Calmar ratio Return relative to maximum drawdown	2.43	4.64	-2.21
Martin ratio Return relative to average drawdown	8.32	18.26	-9.94
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IQQE.DE vs. VHYL.AS - Sharpe Ratio Comparison

The current IQQE.DE Sharpe Ratio is 1.37, which is comparable to the VHYL.AS Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of IQQE.DE and VHYL.AS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IQQE.DE	VHYL.AS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.37	1.22	+0.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	0.93	-0.65
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.43	0.68	-0.25
Sharpe Ratio (All Time) Calculated using the full available price history	0.23	0.63	-0.40

Correlation

The correlation between IQQE.DE and VHYL.AS is 0.73, 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

IQQE.DE vs. VHYL.AS - Dividend Comparison

IQQE.DE's dividend yield for the trailing twelve months is around 1.79%, less than VHYL.AS's 2.63% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IQQE.DE iShares MSCI EM UCITS ETF (Dist)	1.79%	1.87%	2.19%	2.34%	2.91%	1.99%	1.53%	1.75%	1.94%	1.42%	1.83%	2.22%
VHYL.AS Vanguard FTSE All-World High Dividend Yield UCITS ETF - (USD) Distributing	2.63%	2.85%	3.03%	3.40%	3.78%	3.03%	3.08%	3.24%	3.68%	3.13%	3.02%	3.25%

Drawdowns

IQQE.DE vs. VHYL.AS - Drawdown Comparison

The maximum IQQE.DE drawdown since its inception was -59.33%, which is greater than VHYL.AS's maximum drawdown of -34.08%. Use the drawdown chart below to compare losses from any high point for IQQE.DE and VHYL.AS.

Drawdown Indicators

	IQQE.DE	VHYL.AS	Difference
Max Drawdown Largest peak-to-trough decline	-59.33%	-34.08%	-25.25%
Max Drawdown (1Y) Largest decline over 1 year	-13.77%	-13.19%	-0.58%
Max Drawdown (5Y) Largest decline over 5 years	-24.02%	-16.76%	-7.26%
Max Drawdown (10Y) Largest decline over 10 years	-31.66%	-34.08%	+2.42%
Current Drawdown Current decline from peak	-7.74%	-3.41%	-4.33%
Average Drawdown Average peak-to-trough decline	-13.08%	-4.38%	-8.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.15%	1.51%	+1.64%

Volatility

IQQE.DE vs. VHYL.AS - Volatility Comparison

iShares MSCI EM UCITS ETF (Dist) (IQQE.DE) has a higher volatility of 7.51% compared to Vanguard FTSE All-World High Dividend Yield UCITS ETF - (USD) Distributing (VHYL.AS) at 3.87%. This indicates that IQQE.DE's price experiences larger fluctuations and is considered to be riskier than VHYL.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IQQE.DE	VHYL.AS	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.51%	3.87%	+3.64%
Volatility (6M) Calculated over the trailing 6-month period	13.22%	6.99%	+6.23%
Volatility (1Y) Calculated over the trailing 1-year period	18.53%	13.35%	+5.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.30%	11.58%	+4.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.19%	13.66%	+4.53%