ISDE.L vs. LDME.L
ISDE.L (iShares MSCI EM Islamic UCITS ETF USD (Dist)) and LDME.L (L&G Emerging Markets Quality Dividends Equal Weight ETF USD Dis) are both Emerging Markets Equities funds - ISDE.L tracks the MSCI Emerging Markets Islamic Index while LDME.L tracks the L&G Emerging Markets Quality Dividends Equal Weight ETF USD Dis. Both are passively managed. Over the past 5 years, ISDE.L returned 10.84%/yr vs 9.67%/yr for LDME.L. A 0.70 correlation means they provide meaningful diversification when combined. ISDE.L charges 0.85%/yr vs 0.45%/yr for LDME.L.
Performance
ISDE.L vs. LDME.L - Performance Comparison
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Different Trading Currencies
ISDE.L is traded in USD, while LDME.L is traded in GBp. To make them comparable, the LDME.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, ISDE.L achieves a 43.83% return, which is significantly higher than LDME.L's 13.68% return.
ISDE.L
- 1D
- -1.28%
- 1M
- -11.07%
- 6M
- 34.89%
- YTD
- 43.83%
- 1Y
- 74.17%
- 3Y*
- 25.27%
- 5Y*
- 10.84%
- 10Y*
- 11.20%
LDME.L
- 1D
- 0.00%
- 1M
- -2.20%
- 6M
- 10.22%
- YTD
- 13.68%
- 1Y
- 24.26%
- 3Y*
- 17.83%
- 5Y*
- 9.67%
- 10Y*
- —
ISDE.L vs. LDME.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ISDE.L iShares MSCI EM Islamic UCITS ETF USD (Dist) | 43.83% | 39.00% | -3.54% | 14.04% | -22.75% | -1.65% |
LDME.L L&G Emerging Markets Quality Dividends Equal Weight ETF USD Dis | 13.68% | 25.33% | 9.47% | 16.47% | -12.78% | 7,213.16% |
Correlation
The correlation between ISDE.L and LDME.L is 0.67, 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 | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2021 | 0.70 |
The correlation between ISDE.L and LDME.L has been stable across timeframes, ranging from 0.66 to 0.71 - a consistent structural relationship.
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Return for Risk
ISDE.L vs. LDME.L — Risk / Return Rank
ISDE.L
LDME.L
ISDE.L vs. LDME.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM Islamic UCITS ETF USD (Dist) (ISDE.L) and L&G Emerging Markets Quality Dividends Equal Weight ETF USD Dis (LDME.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.
| ISDE.L | LDME.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.66 | ||
| Sortino ratioReturn per unit of downside risk | +0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.32 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 4.75 | 3.05 | +1.70 |
| Martin ratioReturn relative to average drawdown | 15.21 | 9.77 | +5.44 |
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Drawdowns
ISDE.L vs. LDME.L - Drawdown Comparison
The maximum ISDE.L drawdown since its inception was -65.53%, which is greater than LDME.L's maximum drawdown of -26.64%. Use the drawdown chart below to compare losses from any high point for ISDE.L and LDME.L.
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Drawdown Indicators
| ISDE.L | LDME.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.53% | -26.64% | -38.89% |
Max Drawdown (1Y)Largest decline over 1 year | -15.54% | -8.18% | -7.36% |
Max Drawdown (3Y)Largest decline over 3 years | -21.83% | -17.19% | -4.64% |
Max Drawdown (5Y)Largest decline over 5 years | -32.16% | -26.64% | -5.52% |
Max Drawdown (10Y)Largest decline over 10 years | -36.64% | — | — |
Current DrawdownCurrent decline from peak | -15.25% | -2.32% | -12.93% |
Average DrawdownAverage peak-to-trough decline | -22.77% | -6.40% | -16.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.86% | 2.56% | +2.30% |
Volatility
ISDE.L vs. LDME.L - Volatility Comparison
iShares MSCI EM Islamic UCITS ETF USD (Dist) (ISDE.L) has a higher volatility of 14.62% compared to L&G Emerging Markets Quality Dividends Equal Weight ETF USD Dis (LDME.L) at 4.44%. This indicates that ISDE.L's price experiences larger fluctuations and is considered to be riskier than LDME.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ISDE.L | LDME.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.62% | 4.44% | +10.18% |
Volatility (6M)Calculated over the trailing 6-month period | 27.67% | 11.31% | +16.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.71% | 13.65% | +16.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.58% | 14.71% | +5.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.34% | 3,207.10% | -3,186.76% |
ISDE.L vs. LDME.L - Expense Ratio Comparison
ISDE.L has a 0.85% expense ratio, which is higher than LDME.L's 0.45% expense ratio.
Dividends
ISDE.L vs. LDME.L - Dividend Comparison
ISDE.L's dividend yield for the trailing twelve months is around 1.20%, less than LDME.L's 2.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ISDE.L iShares MSCI EM Islamic UCITS ETF USD (Dist) | 1.20% | 1.06% | 2.51% | 2.77% | 2.10% | 1.79% | 0.98% | 1.55% | 1.64% | 1.02% | 1.07% | 2.32% |
LDME.L L&G Emerging Markets Quality Dividends Equal Weight ETF USD Dis | 2.85% | 3.04% | 3.67% | 3.56% | 4.57% | 1.55% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ISDE.L and LDME.L have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LDME.L is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LDME.L is cheaper with a 0.45% expense ratio, compared with 0.85% for ISDE.L.
ISDE.L tracks MSCI Emerging Markets Islamic Index, while LDME.L tracks L&G Emerging Markets Quality Dividends Equal Weight ETF USD Dis. They also come from different issuers: iShares and L&G. Their fees differ too: 0.85% for ISDE.L and 0.45% for LDME.L.
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