IUQD.L vs. EEDM.L

Last updated Jul 16, 2026

IUQD.L (iShares Edge MSCI USA Quality Factor UCITS ETF USD (Dist)) and EEDM.L (iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist)) are both exchange-traded funds - IUQD.L is a Large Cap Blend Equities fund tracking the Russell 1000 TR USD, while EEDM.L is a Emerging Markets Equities fund tracking the MSCI EM ESG Enhanced CTB Index. Both are passively managed. Over the past 5 years, IUQD.L returned 11.38%/yr vs 6.14%/yr for EEDM.L. A 0.61 correlation means they provide meaningful diversification when combined. IUQD.L charges 0.20%/yr vs 0.18%/yr for EEDM.L.

Performance

IUQD.L vs. EEDM.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Edge MSCI USA Quality Factor UCITS ETF USD (Dist) (IUQD.L) and iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist) (EEDM.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IUQD.L achieves a 10.23% return, which is significantly lower than EEDM.L's 17.95% return.

IUQD.L

• 1D: 0.25%
• 1M: 0.22%
• 6M: 8.93%
• YTD: 10.23%
• 1Y: 20.67%
• 3Y*: 17.93%
• 5Y*: 11.38%
• 10Y*: —

EEDM.L

• 1D: -0.97%
• 1M: -7.35%
• 6M: 12.82%
• YTD: 17.95%
• 1Y: 33.86%
• 3Y*: 19.43%
• 5Y*: 6.14%
• 10Y*: —

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

IUQD.L vs. EEDM.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
IUQD.L iShares Edge MSCI USA Quality Factor UCITS ETF USD (Dist)	10.23%	12.64%	22.37%	30.89%	-20.80%	27.69%	16.03%	8.26%
EEDM.L iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist)	17.95%	35.48%	6.70%	8.18%	-21.69%	-2.85%	19.76%	7.14%

Correlation

The correlation between IUQD.L and EEDM.L is 0.60, 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	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.57
Correlation (5Y) Calculated over the trailing 5-year period	0.60
Correlation (All Time) Calculated using the full available price history since Oct 24, 2019	0.61

The correlation between IUQD.L and EEDM.L has been stable across timeframes, ranging from 0.57 to 0.61 - a consistent structural relationship.

Return for Risk

IUQD.L vs. EEDM.L — Risk / Return Rank

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

IUQD.L

IUQD.L Risk / Return Rank: 70
IUQD.L Sharpe Ratio Rank: 70
IUQD.L Sortino Ratio Rank: 79
IUQD.L Omega Ratio Rank: 68
IUQD.L Calmar Ratio Rank: 61
IUQD.L Martin Ratio Rank: 74

EEDM.L

EEDM.L Risk / Return Rank: 57
EEDM.L Sharpe Ratio Rank: 56
EEDM.L Sortino Ratio Rank: 53
EEDM.L Omega Ratio Rank: 57
EEDM.L Calmar Ratio Rank: 62
EEDM.L Martin Ratio Rank: 57

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.

IUQD.L vs. EEDM.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 (Dist) (IUQD.L) and iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist) (EEDM.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.

	IUQD.L	EEDM.L	Difference
Sharpe ratio: Return per unit of total volatility	1.83	1.53	+0.29
Sortino ratio: Return per unit of downside risk	2.81	2.11	+0.70
Omega ratio: Gain probability vs. loss probability	1.33	1.29	+0.04
Calmar ratio: Return relative to maximum drawdown	2.49	2.50	0.00
Martin ratio: Return relative to average drawdown	10.91	7.99	+2.92

IUQD.L vs. EEDM.L - Sharpe Ratio Comparison

The current IUQD.L Sharpe Ratio is 1.83, which is comparable to the EEDM.L Sharpe Ratio of 1.53. The chart below compares the historical Sharpe Ratios of IUQD.L and EEDM.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IUQD.L vs. EEDM.L - Drawdown Comparison

The maximum IUQD.L drawdown since its inception was -33.83%, smaller than the maximum EEDM.L drawdown of -40.90%. Use the drawdown chart below to compare losses from any high point for IUQD.L and EEDM.L.

Drawdown Indicators

	IUQD.L	EEDM.L	Difference
Max Drawdown Largest peak-to-trough decline	-33.83%	-40.90%	+7.07%
Max Drawdown (1Y) Largest decline over 1 year	-8.26%	-13.41%	+5.15%
Max Drawdown (3Y) Largest decline over 3 years	-17.93%	-16.97%	-0.96%
Max Drawdown (5Y) Largest decline over 5 years	-27.75%	-36.39%	+8.64%
Current Drawdown Current decline from peak	-0.01%	-9.31%	+9.30%
Average Drawdown Average peak-to-trough decline	-5.39%	-16.32%	+10.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.89%	4.20%	-2.31%

Volatility

IUQD.L vs. EEDM.L - Volatility Comparison

The current volatility for iShares Edge MSCI USA Quality Factor UCITS ETF USD (Dist) (IUQD.L) is 3.18%, while iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist) (EEDM.L) has a volatility of 9.13%. This indicates that IUQD.L experiences smaller price fluctuations and is considered to be less risky than EEDM.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IUQD.L	EEDM.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.18%	9.13%	-5.95%
Volatility (6M) Calculated over the trailing 6-month period	8.66%	19.95%	-11.29%
Volatility (1Y) Calculated over the trailing 1-year period	11.28%	21.88%	-10.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.30%	19.46%	-3.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.48%	20.79%	-3.31%

IUQD.L vs. EEDM.L - Expense Ratio Comparison

IUQD.L has a 0.20% expense ratio, which is higher than EEDM.L's 0.18% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

IUQD.L vs. EEDM.L - Dividend Comparison

IUQD.L's dividend yield for the trailing twelve months is around 0.66%, less than EEDM.L's 1.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
EEDM.L iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist)	1.65%	1.89%	2.37%	2.37%	2.59%	1.97%	1.54%	0.05%	0.00%
IUQD.L iShares Edge MSCI USA Quality Factor UCITS ETF USD (Dist)	0.66%	0.73%	0.84%	1.05%	1.34%	0.95%	1.21%	1.32%	1.44%

Frequently Asked Questions

Can I hold both IUQD.L and EEDM.L in my portfolio?

IUQD.L and EEDM.L have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IUQD.L or EEDM.L?

On fees, EEDM.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IUQD.L or EEDM.L?

EEDM.L is cheaper with a 0.18% expense ratio, compared with 0.20% for IUQD.L.

What is the main difference between IUQD.L and EEDM.L?

IUQD.L is categorized as Large Cap Blend Equities, while EEDM.L is Emerging Markets Equities. IUQD.L tracks Russell 1000 TR USD, while EEDM.L tracks MSCI EM ESG Enhanced CTB Index. Their fees differ too: 0.20% for IUQD.L and 0.18% for EEDM.L.