LDEM.L vs. ISDE.L
LDEM.L (L&G Emerging Markets Quality Dividends Equal Weight ETF USD Dis) and ISDE.L (iShares MSCI EM Islamic UCITS ETF USD (Dist)) are both Emerging Markets Equities funds - LDEM.L tracks the L&G Emerging Markets Quality Dividends Equal Weight ETF USD Dis while ISDE.L tracks the MSCI Emerging Markets Islamic Index. Both are passively managed. Over the past 5 years, LDEM.L returned 9.59%/yr vs 10.84%/yr for ISDE.L. A 0.76 correlation means they provide meaningful diversification when combined. LDEM.L charges 0.45%/yr vs 0.85%/yr for ISDE.L.
Performance
LDEM.L vs. ISDE.L - Performance Comparison
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Returns By Period
In the year-to-date period, LDEM.L achieves a 11.68% return, which is significantly lower than ISDE.L's 43.83% return.
LDEM.L
- 1D
- -1.32%
- 1M
- -4.20%
- 6M
- 8.15%
- YTD
- 11.68%
- 1Y
- 23.20%
- 3Y*
- 17.43%
- 5Y*
- 9.59%
- 10Y*
- —
ISDE.L
- 1D
- -1.28%
- 1M
- -11.07%
- 6M
- 34.89%
- YTD
- 43.83%
- 1Y
- 74.17%
- 3Y*
- 25.27%
- 5Y*
- 10.84%
- 10Y*
- 11.20%
LDEM.L vs. ISDE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
LDEM.L L&G Emerging Markets Quality Dividends Equal Weight ETF USD Dis | 11.68% | 25.93% | 9.54% | 17.25% | -11.95% | 0.39% |
ISDE.L iShares MSCI EM Islamic UCITS ETF USD (Dist) | 43.83% | 39.00% | -3.54% | 14.04% | -22.75% | -1.65% |
Correlation
The correlation between LDEM.L and ISDE.L is 0.70, 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 | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2021 | 0.76 |
The correlation between LDEM.L and ISDE.L has been stable across timeframes, ranging from 0.70 to 0.76 - a consistent structural relationship.
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Return for Risk
LDEM.L vs. ISDE.L — Risk / Return Rank
LDEM.L
ISDE.L
LDEM.L vs. ISDE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Emerging Markets Quality Dividends Equal Weight ETF USD Dis (LDEM.L) and iShares MSCI EM Islamic UCITS ETF USD (Dist) (ISDE.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.
| LDEM.L | ISDE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.84 | ||
| Sortino ratioReturn per unit of downside risk | -0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.44 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.67 | 4.75 | -2.08 |
| Martin ratioReturn relative to average drawdown | 8.52 | 15.21 | -6.69 |
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Drawdowns
LDEM.L vs. ISDE.L - Drawdown Comparison
The maximum LDEM.L drawdown since its inception was -25.82%, smaller than the maximum ISDE.L drawdown of -65.53%. Use the drawdown chart below to compare losses from any high point for LDEM.L and ISDE.L.
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Drawdown Indicators
| LDEM.L | ISDE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.82% | -65.53% | +39.71% |
Max Drawdown (1Y)Largest decline over 1 year | -8.70% | -15.54% | +6.84% |
Max Drawdown (3Y)Largest decline over 3 years | -17.16% | -21.83% | +4.67% |
Max Drawdown (5Y)Largest decline over 5 years | -25.82% | -32.16% | +6.34% |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.64% | — |
Current DrawdownCurrent decline from peak | -4.73% | -15.25% | +10.52% |
Average DrawdownAverage peak-to-trough decline | -6.44% | -22.77% | +16.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.73% | 4.86% | -2.13% |
Volatility
LDEM.L vs. ISDE.L - Volatility Comparison
The current volatility for L&G Emerging Markets Quality Dividends Equal Weight ETF USD Dis (LDEM.L) is 4.70%, while iShares MSCI EM Islamic UCITS ETF USD (Dist) (ISDE.L) has a volatility of 14.62%. This indicates that LDEM.L experiences smaller price fluctuations and is considered to be less risky than ISDE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LDEM.L | ISDE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.70% | 14.62% | -9.92% |
Volatility (6M)Calculated over the trailing 6-month period | 11.94% | 27.67% | -15.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.08% | 29.71% | -15.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.53% | 20.58% | -6.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.52% | 20.34% | -5.82% |
LDEM.L vs. ISDE.L - Expense Ratio Comparison
LDEM.L has a 0.45% expense ratio, which is lower than ISDE.L's 0.85% expense ratio.
Dividends
LDEM.L vs. ISDE.L - Dividend Comparison
LDEM.L's dividend yield for the trailing twelve months is around 3.35%, more than ISDE.L's 1.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ISDE.L iShares MSCI EM Islamic UCITS ETF USD (Dist) | 1.20% | 1.06% | 2.51% | 2.77% | 2.10% | 1.79% | 0.98% | 1.55% | 1.64% | 1.02% | 1.07% | 2.32% |
LDEM.L L&G Emerging Markets Quality Dividends Equal Weight ETF USD Dis | 3.35% | 3.59% | 3.85% | 3.74% | 5.33% | 1.41% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LDEM.L and ISDE.L have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LDEM.L is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LDEM.L is cheaper with a 0.45% expense ratio, compared with 0.85% for ISDE.L.
LDEM.L tracks L&G Emerging Markets Quality Dividends Equal Weight ETF USD Dis, while ISDE.L tracks MSCI Emerging Markets Islamic Index. They also come from different issuers: L&G and iShares. Their fees differ too: 0.45% for LDEM.L and 0.85% for ISDE.L.
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