IUQA.L vs. IEMB.L
IUQA.L (iShares Edge MSCI USA Quality Factor UCITS ETF USD Accumulating) and IEMB.L (iShares J.P. Morgan USD EM Bond UCITS ETF USD (Dist)) are both exchange-traded funds - IUQA.L is a Large Cap Blend Equities fund tracking the MSCI USA Sector Neutral Quality Index, while IEMB.L is a Emerging Markets Bonds fund managed by iShares. Over the past 5 years, IUQA.L returned 11.91%/yr vs 1.91%/yr for IEMB.L. At a 0.48 correlation, their price movements are largely independent. IUQA.L charges 0.20%/yr vs 0.45%/yr for IEMB.L.
Performance
IUQA.L vs. IEMB.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IUQA.L achieves a 8.81% return, which is significantly higher than IEMB.L's 1.62% return.
IUQA.L
- 1D
- 0.80%
- 1M
- 4.79%
- YTD
- 8.81%
- 6M
- 9.63%
- 1Y
- 21.84%
- 3Y*
- 19.71%
- 5Y*
- 11.91%
- 10Y*
- —
IEMB.L
- 1D
- 0.41%
- 1M
- 1.01%
- YTD
- 1.62%
- 6M
- 2.22%
- 1Y
- 11.20%
- 3Y*
- 9.72%
- 5Y*
- 1.91%
- 10Y*
- 3.32%
IUQA.L vs. IEMB.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IUQA.L iShares Edge MSCI USA Quality Factor UCITS ETF USD Accumulating | 8.81% | 12.50% | 22.46% | 30.92% | -20.74% | 27.56% | 16.09% | 33.32% | -6.99% | 22.18% |
IEMB.L iShares J.P. Morgan USD EM Bond UCITS ETF USD (Dist) | 1.62% | 13.71% | 5.70% | 10.54% | -18.35% | -2.28% | 5.57% | 16.06% | -5.53% | 9.73% |
Correlation
The correlation between IUQA.L and IEMB.L is 0.59, 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 | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Oct 18, 2016 | 0.48 |
The correlation between IUQA.L and IEMB.L shifts across timeframes, from 0.47 (3 years) to 0.59 (1 year), 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
IUQA.L vs. IEMB.L — Risk / Return Rank
IUQA.L
IEMB.L
IUQA.L vs. IEMB.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI USA Quality Factor UCITS ETF USD Accumulating (IUQA.L) and iShares J.P. Morgan USD EM Bond UCITS ETF USD (Dist) (IEMB.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.
| IUQA.L | IEMB.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.37 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.72 | 2.58 | +0.14 |
| Martin ratioReturn relative to average drawdown | 11.68 | 10.73 | +0.95 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IUQA.L | IEMB.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.93 | 1.88 | +0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.73 | 0.21 | +0.52 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.36 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.86 | 0.51 | +0.36 |
Drawdowns
IUQA.L vs. IEMB.L - Drawdown Comparison
The maximum IUQA.L drawdown since its inception was -33.96%, which is greater than IEMB.L's maximum drawdown of -32.08%. Use the drawdown chart below to compare losses from any high point for IUQA.L and IEMB.L.
Loading charts...
Drawdown Indicators
| IUQA.L | IEMB.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.96% | -32.08% | -1.88% |
Max Drawdown (1Y)Largest decline over 1 year | -7.99% | -4.32% | -3.67% |
Max Drawdown (3Y)Largest decline over 3 years | -18.04% | -7.54% | -10.50% |
Max Drawdown (5Y)Largest decline over 5 years | -27.77% | -28.62% | +0.85% |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.62% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.11% | +0.11% |
Average DrawdownAverage peak-to-trough decline | -4.87% | -5.02% | +0.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.86% | 1.04% | +0.82% |
Volatility
IUQA.L vs. IEMB.L - Volatility Comparison
iShares Edge MSCI USA Quality Factor UCITS ETF USD Accumulating (IUQA.L) has a higher volatility of 2.78% compared to iShares J.P. Morgan USD EM Bond UCITS ETF USD (Dist) (IEMB.L) at 2.57%. This indicates that IUQA.L's price experiences larger fluctuations and is considered to be riskier than IEMB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IUQA.L | IEMB.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.78% | 2.57% | +0.21% |
Volatility (6M)Calculated over the trailing 6-month period | 8.27% | 4.93% | +3.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.27% | 5.95% | +5.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.29% | 8.87% | +7.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.71% | 9.25% | +7.46% |
IUQA.L vs. IEMB.L - Expense Ratio Comparison
IUQA.L has a 0.20% expense ratio, which is lower than IEMB.L's 0.45% expense ratio.
Dividends
IUQA.L vs. IEMB.L - Dividend Comparison
IUQA.L has not paid dividends to shareholders, while IEMB.L's dividend yield for the trailing twelve months is around 5.83%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IEMB.L iShares J.P. Morgan USD EM Bond UCITS ETF USD (Dist) | 5.83% | 5.85% | 5.80% | 5.65% | 5.55% | 3.95% | 3.86% | 4.73% | 4.82% | 4.79% | 5.57% | 4.78% |
IUQA.L iShares Edge MSCI USA Quality Factor UCITS ETF USD Accumulating | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IUQA.L and IEMB.L have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IUQA.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IUQA.L is cheaper with a 0.20% expense ratio, compared with 0.45% for IEMB.L.
IUQA.L is categorized as Large Cap Blend Equities, while IEMB.L is Emerging Markets Bonds. Their fees differ too: 0.20% for IUQA.L and 0.45% for IEMB.L.
Find the right allocation for IUQA.L and IEMB.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