LDEM vs. EIMI.L
Compare and contrast key facts about iShares ESG MSCI EM Leaders ETF (LDEM) and iShares Core MSCI EM IMI UCITS ETF (EIMI.L).
LDEM and EIMI.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LDEM is a passively managed fund by iShares that tracks the performance of the MSCI EM Extended ESG Leaders 5% Issuer Capped Index. It was launched on Feb 5, 2020. EIMI.L is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Investable Market Index. It was launched on May 30, 2014. Both LDEM and EIMI.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LDEM or EIMI.L.
Key characteristics
| LDEM | EIMI.L | |
|---|---|---|
| YTD Return | 1.66% | 3.77% |
| 1Y Return | 4.60% | 12.24% |
| 3Y Return (Ann) | -9.31% | -5.34% |
| Sharpe Ratio | 0.41 | 0.70 |
| Daily Std Dev | 15.40% | 14.75% |
| Max Drawdown | -40.83% | -38.73% |
| Current Drawdown | -27.69% | -17.93% |
Correlation
The correlation between LDEM and EIMI.L is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
LDEM vs. EIMI.L - Performance Comparison
In the year-to-date period, LDEM achieves a 1.66% return, which is significantly lower than EIMI.L's 3.77% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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LDEM vs. EIMI.L - Expense Ratio Comparison
LDEM has a 0.16% expense ratio, which is lower than EIMI.L's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
LDEM vs. EIMI.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG MSCI EM Leaders ETF (LDEM) 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.
Dividends
LDEM vs. EIMI.L - Dividend Comparison
LDEM's dividend yield for the trailing twelve months is around 3.15%, while EIMI.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
LDEM iShares ESG MSCI EM Leaders ETF | 3.15% | 3.20% | 4.91% | 1.81% | 1.89% |
EIMI.L iShares Core MSCI EM IMI UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
LDEM vs. EIMI.L - Drawdown Comparison
The maximum LDEM drawdown since its inception was -40.83%, 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 LDEM and EIMI.L. For additional features, visit the drawdowns tool.
Volatility
LDEM vs. EIMI.L - Volatility Comparison
iShares ESG MSCI EM Leaders ETF (LDEM) has a higher volatility of 4.28% compared to iShares Core MSCI EM IMI UCITS ETF (EIMI.L) at 3.58%. This indicates that LDEM's price experiences larger fluctuations and is considered to be riskier than EIMI.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.