LDEM vs. ESGE
Compare and contrast key facts about iShares ESG MSCI EM Leaders ETF (LDEM) and iShares ESG Aware MSCI EM ETF (ESGE).
LDEM and ESGE 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. ESGE is a passively managed fund by iShares that tracks the performance of the MSCI EM Extended ESG Focus Index. It was launched on Jun 28, 2016. Both LDEM and ESGE 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 ESGE.
Correlation
The correlation between LDEM and ESGE is 0.92, 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. ESGE - Performance Comparison
Key characteristics
LDEM:
1.13
ESGE:
1.12
LDEM:
1.70
ESGE:
1.64
LDEM:
1.20
ESGE:
1.20
LDEM:
0.54
ESGE:
0.60
LDEM:
3.24
ESGE:
3.54
LDEM:
5.32%
ESGE:
4.89%
LDEM:
15.33%
ESGE:
15.56%
LDEM:
-40.82%
ESGE:
-41.07%
LDEM:
-18.85%
ESGE:
-15.62%
Returns By Period
The year-to-date returns for both investments are quite close, with LDEM having a 7.74% return and ESGE slightly higher at 7.79%.
LDEM
7.74%
7.19%
7.08%
16.04%
1.89%
N/A
ESGE
7.79%
6.83%
6.15%
16.27%
2.87%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
LDEM vs. ESGE - Expense Ratio Comparison
LDEM has a 0.16% expense ratio, which is lower than ESGE's 0.25% 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. ESGE — Risk-Adjusted Performance Rank
LDEM
ESGE
LDEM vs. ESGE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG MSCI EM Leaders ETF (LDEM) and iShares ESG Aware MSCI EM ETF (ESGE). 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. ESGE - Dividend Comparison
LDEM's dividend yield for the trailing twelve months is around 2.45%, more than ESGE's 2.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
LDEM iShares ESG MSCI EM Leaders ETF | 2.45% | 2.64% | 3.20% | 4.93% | 1.82% | 1.89% | 0.00% | 0.00% | 0.00% | 0.00% |
ESGE iShares ESG Aware MSCI EM ETF | 2.23% | 2.40% | 2.65% | 2.68% | 2.66% | 1.31% | 2.59% | 2.18% | 1.86% | 0.27% |
Drawdowns
LDEM vs. ESGE - Drawdown Comparison
The maximum LDEM drawdown since its inception was -40.82%, roughly equal to the maximum ESGE drawdown of -41.07%. Use the drawdown chart below to compare losses from any high point for LDEM and ESGE. For additional features, visit the drawdowns tool.
Volatility
LDEM vs. ESGE - Volatility Comparison
iShares ESG MSCI EM Leaders ETF (LDEM) and iShares ESG Aware MSCI EM ETF (ESGE) have volatilities of 4.07% and 4.12%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.