IUSZ.L vs. EIMI.L
IUSZ.L (iShares MSCI USA Mid-Cap Equal Weight UCITS ETF) and EIMI.L (iShares Core MSCI EM IMI UCITS ETF) are both exchange-traded funds - IUSZ.L is a Global Equities fund tracking the iShares MSCI USA Mid-Cap Equal Weight UCITS ETF, while EIMI.L is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Investable Market Index. Both are passively managed. Over the past 5 years, IUSZ.L returned 6.53%/yr vs 7.21%/yr for EIMI.L. A 0.59 correlation means they provide meaningful diversification when combined. IUSZ.L charges 0.20%/yr vs 0.18%/yr for EIMI.L.
Performance
IUSZ.L vs. EIMI.L - Performance Comparison
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Returns By Period
In the year-to-date period, IUSZ.L achieves a 8.28% return, which is significantly lower than EIMI.L's 18.64% return.
IUSZ.L
- 1D
- -0.50%
- 1M
- -0.42%
- 6M
- 5.64%
- YTD
- 8.28%
- 1Y
- 14.27%
- 3Y*
- 11.91%
- 5Y*
- 6.53%
- 10Y*
- —
EIMI.L
- 1D
- -0.30%
- 1M
- -6.07%
- 6M
- 13.34%
- YTD
- 18.64%
- 1Y
- 34.63%
- 3Y*
- 19.30%
- 5Y*
- 7.21%
- 10Y*
- 9.25%
IUSZ.L vs. EIMI.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IUSZ.L iShares MSCI USA Mid-Cap Equal Weight UCITS ETF | 8.28% | 8.58% | 12.73% | 17.19% | -18.26% | 26.04% | 17.67% | 27.95% | -10.01% | 17.20% |
EIMI.L iShares Core MSCI EM IMI UCITS ETF | 18.64% | 32.16% | 7.36% | 11.03% | -19.67% | -0.65% | 18.80% | 16.37% | -14.18% | 36.94% |
Correlation
The correlation between IUSZ.L and EIMI.L is 0.58, 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 | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since Oct 13, 2016 | 0.59 |
The correlation between IUSZ.L and EIMI.L has been stable across timeframes, ranging from 0.56 to 0.62 - a consistent structural relationship.
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Return for Risk
IUSZ.L vs. EIMI.L — Risk / Return Rank
IUSZ.L
EIMI.L
IUSZ.L vs. EIMI.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Mid-Cap Equal Weight UCITS ETF (IUSZ.L) and iShares Core MSCI EM IMI UCITS ETF (EIMI.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.
| IUSZ.L | EIMI.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.33 | ||
| Sortino ratioReturn per unit of downside risk | -0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.30 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.93 | 2.72 | -0.79 |
| Martin ratioReturn relative to average drawdown | 6.85 | 8.68 | -1.82 |
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Drawdowns
IUSZ.L vs. EIMI.L - Drawdown Comparison
The maximum IUSZ.L drawdown since its inception was -41.10%, which is greater than EIMI.L's maximum drawdown of -38.73%. Use the drawdown chart below to compare losses from any high point for IUSZ.L and EIMI.L.
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Drawdown Indicators
| IUSZ.L | EIMI.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.10% | -38.73% | -2.37% |
Max Drawdown (1Y)Largest decline over 1 year | -8.21% | -12.66% | +4.45% |
Max Drawdown (3Y)Largest decline over 3 years | -21.38% | -17.44% | -3.94% |
Max Drawdown (5Y)Largest decline over 5 years | -25.70% | -33.69% | +7.99% |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.73% | — |
Current DrawdownCurrent decline from peak | -1.67% | -7.71% | +6.04% |
Average DrawdownAverage peak-to-trough decline | -6.47% | -13.92% | +7.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.32% | 3.98% | -1.66% |
Volatility
IUSZ.L vs. EIMI.L - Volatility Comparison
The current volatility for iShares MSCI USA Mid-Cap Equal Weight UCITS ETF (IUSZ.L) is 3.88%, while iShares Core MSCI EM IMI UCITS ETF (EIMI.L) has a volatility of 8.59%. This indicates that IUSZ.L experiences smaller price fluctuations and is considered to be less risky than EIMI.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IUSZ.L | EIMI.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.88% | 8.59% | -4.71% |
Volatility (6M)Calculated over the trailing 6-month period | 9.43% | 19.48% | -10.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.50% | 21.43% | -8.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.03% | 18.83% | -0.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.72% | 19.22% | +1.50% |
IUSZ.L vs. EIMI.L - Expense Ratio Comparison
IUSZ.L has a 0.20% expense ratio, which is higher than EIMI.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
IUSZ.L vs. EIMI.L - Dividend Comparison
IUSZ.L's dividend yield for the trailing twelve months is around 0.43%, while EIMI.L has not paid dividends to shareholders.
| Position | TTM |
|---|---|
EIMI.L iShares Core MSCI EM IMI UCITS ETF | 0.00% |
IUSZ.L iShares MSCI USA Mid-Cap Equal Weight UCITS ETF | 0.43% |
Frequently Asked Questions
IUSZ.L and EIMI.L have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EIMI.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EIMI.L is cheaper with a 0.18% expense ratio, compared with 0.20% for IUSZ.L.
IUSZ.L is categorized as Global Equities, while EIMI.L is Emerging Markets Equities. IUSZ.L tracks iShares MSCI USA Mid-Cap Equal Weight UCITS ETF, while EIMI.L tracks MSCI Emerging Markets Investable Market Index. Their fees differ too: 0.20% for IUSZ.L and 0.18% for EIMI.L.
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