IUS7.DE vs. EMA5.DE
IUS7.DE (iShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (Dist)) and EMA5.DE (L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF) are both Emerging Markets Bonds funds - IUS7.DE tracks the JP Morgan EMBI Global Core while EMA5.DE tracks the J.P. Morgan ESG EMBI Global Diversified Short-Term Custom Maturity. Both are passively managed. Over the past 5 years, IUS7.DE returned 2.86%/yr vs 3.38%/yr for EMA5.DE. A 0.72 correlation means they provide meaningful diversification when combined. IUS7.DE charges 0.45%/yr vs 0.25%/yr for EMA5.DE.
Performance
IUS7.DE vs. EMA5.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IUS7.DE achieves a 2.97% return, which is significantly higher than EMA5.DE's 2.33% return.
IUS7.DE
- 1D
- 0.14%
- 1M
- 1.36%
- YTD
- 2.97%
- 6M
- 2.33%
- 1Y
- 9.74%
- 3Y*
- 6.75%
- 5Y*
- 2.86%
- 10Y*
- 3.08%
EMA5.DE
- 1D
- -0.04%
- 1M
- 1.24%
- YTD
- 2.33%
- 6M
- 1.80%
- 1Y
- 4.57%
- 3Y*
- 5.12%
- 5Y*
- 3.38%
- 10Y*
- —
IUS7.DE vs. EMA5.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IUS7.DE iShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (Dist) | 2.97% | 1.14% | 11.74% | 6.77% | -13.16% | 5.75% | -0.09% |
EMA5.DE L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF | 2.33% | -2.57% | 14.01% | 3.79% | -5.07% | 7.86% | -1.26% |
Correlation
The correlation between IUS7.DE and EMA5.DE is 0.75, 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 | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (All Time) Calculated using the full available price history since Dec 10, 2020 | 0.72 |
The correlation between IUS7.DE and EMA5.DE has been stable across timeframes, ranging from 0.72 to 0.75 - a consistent structural relationship.
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Return for Risk
IUS7.DE vs. EMA5.DE — Risk / Return Rank
IUS7.DE
EMA5.DE
IUS7.DE vs. EMA5.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (Dist) (IUS7.DE) and L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF (EMA5.DE). 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.
| IUS7.DE | EMA5.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.83 | ||
| Sortino ratioReturn per unit of downside risk | +1.25 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.13 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 3.00 | 1.38 | +1.62 |
| Martin ratioReturn relative to average drawdown | 9.17 | 3.47 | +5.70 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IUS7.DE | EMA5.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.55 | 0.72 | +0.83 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | 0.47 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.28 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.47 | +0.15 |
Drawdowns
IUS7.DE vs. EMA5.DE - Drawdown Comparison
The maximum IUS7.DE drawdown since its inception was -27.13%, which is greater than EMA5.DE's maximum drawdown of -10.01%. Use the drawdown chart below to compare losses from any high point for IUS7.DE and EMA5.DE.
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Drawdown Indicators
| IUS7.DE | EMA5.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.13% | -10.01% | -17.12% |
Max Drawdown (1Y)Largest decline over 1 year | -3.09% | -3.06% | -0.03% |
Max Drawdown (3Y)Largest decline over 3 years | -12.95% | -10.01% | -2.94% |
Max Drawdown (5Y)Largest decline over 5 years | -15.90% | -10.01% | -5.89% |
Max Drawdown (10Y)Largest decline over 10 years | -27.13% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -3.17% | +3.17% |
Average DrawdownAverage peak-to-trough decline | -6.48% | -3.55% | -2.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.01% | 1.22% | -0.21% |
Volatility
IUS7.DE vs. EMA5.DE - Volatility Comparison
The current volatility for iShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (Dist) (IUS7.DE) is 1.24%, while L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF (EMA5.DE) has a volatility of 2.25%. This indicates that IUS7.DE experiences smaller price fluctuations and is considered to be less risky than EMA5.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IUS7.DE | EMA5.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.24% | 2.25% | -1.01% |
Volatility (6M)Calculated over the trailing 6-month period | 4.03% | 4.23% | -0.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.97% | 5.86% | +0.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.56% | 7.07% | +1.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.02% | 6.94% | +4.08% |
IUS7.DE vs. EMA5.DE - Expense Ratio Comparison
IUS7.DE has a 0.45% expense ratio, which is higher than EMA5.DE's 0.25% expense ratio.
Dividends
IUS7.DE vs. EMA5.DE - Dividend Comparison
IUS7.DE's dividend yield for the trailing twelve months is around 5.80%, more than EMA5.DE's 4.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMA5.DE L&G ESG Emerging Markets Government Bond (USD) 0-5 Year UCITS ETF | 4.59% | 5.61% | 5.39% | 4.22% | 2.89% | 1.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IUS7.DE iShares J.P. Morgan USD Emerging Markets Bond UCITS ETF (Dist) | 5.80% | 6.10% | 5.62% | 5.77% | 5.63% | 3.80% | 4.17% | 4.72% | 4.70% | 5.11% | 5.29% | 4.71% |
Frequently Asked Questions
IUS7.DE and EMA5.DE have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EMA5.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EMA5.DE is cheaper with a 0.25% expense ratio, compared with 0.45% for IUS7.DE.
IUS7.DE tracks JP Morgan EMBI Global Core, while EMA5.DE tracks J.P. Morgan ESG EMBI Global Diversified Short-Term Custom Maturity. They also come from different issuers: iShares and Legal & General. Their fees differ too: 0.45% for IUS7.DE and 0.25% for EMA5.DE.
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