ISP6.L vs. IEEM.L
Compare and contrast key facts about iShares S&P SmallCap 600 UCITS ETF (ISP6.L) and iShares MSCI EM UCITS ETF (Dist) (IEEM.L).
ISP6.L and IEEM.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ISP6.L is a passively managed fund by iShares that tracks the performance of the Russell 2000 TR USD. It was launched on May 9, 2008. IEEM.L is a passively managed fund by iShares that tracks the performance of the MSCI EM NR USD. It was launched on Nov 18, 2005. Both ISP6.L and IEEM.L 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: ISP6.L or IEEM.L.
Key characteristics
| ISP6.L | IEEM.L | |
|---|---|---|
| YTD Return | 0.20% | 9.81% |
| 1Y Return | 14.02% | 14.12% |
| 3Y Return (Ann) | 3.21% | 0.59% |
| 5Y Return (Ann) | 7.24% | 5.22% |
| 10Y Return (Ann) | 10.75% | 6.39% |
| Sharpe Ratio | 0.89 | 1.08 |
| Daily Std Dev | 16.98% | 13.32% |
| Max Drawdown | -39.99% | -52.61% |
| Current Drawdown | -3.20% | -8.47% |
Correlation
The correlation between ISP6.L and IEEM.L is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ISP6.L vs. IEEM.L - Performance Comparison
In the year-to-date period, ISP6.L achieves a 0.20% return, which is significantly lower than IEEM.L's 9.81% return. Over the past 10 years, ISP6.L has outperformed IEEM.L with an annualized return of 10.75%, while IEEM.L has yielded a comparatively lower 6.39% annualized 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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ISP6.L vs. IEEM.L - Expense Ratio Comparison
ISP6.L has a 0.40% expense ratio, which is higher than IEEM.L's 0.18% expense ratio.
Risk-Adjusted Performance
ISP6.L vs. IEEM.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P SmallCap 600 UCITS ETF (ISP6.L) and iShares MSCI EM UCITS ETF (Dist) (IEEM.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.
Dividends
ISP6.L vs. IEEM.L - Dividend Comparison
ISP6.L has not paid dividends to shareholders, while IEEM.L's dividend yield for the trailing twelve months is around 0.03%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ISP6.L iShares S&P SmallCap 600 UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IEEM.L iShares MSCI EM UCITS ETF (Dist) | 0.03% | 0.03% | 0.03% | 0.03% | 0.02% | 0.02% | 0.03% | 0.02% | 0.02% | 0.03% | 0.03% | 0.03% |
Drawdowns
ISP6.L vs. IEEM.L - Drawdown Comparison
The maximum ISP6.L drawdown since its inception was -39.99%, smaller than the maximum IEEM.L drawdown of -52.61%. Use the drawdown chart below to compare losses from any high point for ISP6.L and IEEM.L. For additional features, visit the drawdowns tool.
Volatility
ISP6.L vs. IEEM.L - Volatility Comparison
iShares S&P SmallCap 600 UCITS ETF (ISP6.L) has a higher volatility of 4.26% compared to iShares MSCI EM UCITS ETF (Dist) (IEEM.L) at 3.33%. This indicates that ISP6.L's price experiences larger fluctuations and is considered to be riskier than IEEM.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.