LDEM vs. SUSC
LDEM (iShares ESG MSCI EM Leaders ETF) and SUSC (iShares ESG Aware USD Corporate Bond ETF) are both exchange-traded funds - LDEM is a Emerging Markets Equities fund tracking the MSCI EM Extended ESG Leaders 5% Issuer Capped Index, while SUSC is a Corporate Bonds fund tracking the Bloomberg MSCI US Corporate ESG Focus Index. Both are passively managed. Over the past 5 years, LDEM returned 2.60%/yr vs 0.31%/yr for SUSC. At a 0.22 correlation, their price movements are largely independent. LDEM charges 0.16%/yr vs 0.18%/yr for SUSC.
Performance
LDEM vs. SUSC - Performance Comparison
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Returns By Period
In the year-to-date period, LDEM achieves a 8.26% return, which is significantly higher than SUSC's 0.72% return.
LDEM
- 1D
- 2.52%
- 1M
- 3.00%
- YTD
- 8.26%
- 6M
- 9.66%
- 1Y
- 24.07%
- 3Y*
- 13.85%
- 5Y*
- 2.60%
- 10Y*
- —
SUSC
- 1D
- 0.03%
- 1M
- 1.23%
- YTD
- 0.72%
- 6M
- 1.11%
- 1Y
- 5.58%
- 3Y*
- 5.11%
- 5Y*
- 0.31%
- 10Y*
- —
LDEM vs. SUSC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
LDEM iShares ESG MSCI EM Leaders ETF | 8.26% | 32.49% | 5.87% | 6.49% | -22.46% | -2.03% | 16.30% |
SUSC iShares ESG Aware USD Corporate Bond ETF | 0.72% | 7.57% | 1.91% | 8.58% | -15.95% | -1.57% | 6.94% |
Correlation
The correlation between LDEM and SUSC is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.28 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Feb 12, 2020 | 0.22 |
The correlation between LDEM and SUSC shifts across timeframes, from 0.22 (all time) to 0.36 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
LDEM vs. SUSC — Risk / Return Rank
LDEM
SUSC
LDEM vs. SUSC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG MSCI EM Leaders ETF (LDEM) and iShares ESG Aware USD Corporate Bond ETF (SUSC). 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 | SUSC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | -0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.23 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.83 | 1.95 | -0.12 |
| Martin ratioReturn relative to average drawdown | 5.76 | 5.94 | -0.18 |
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Drawdowns
LDEM vs. SUSC - Drawdown Comparison
The maximum LDEM drawdown since its inception was -40.82%, which is greater than SUSC's maximum drawdown of -22.42%. Use the drawdown chart below to compare losses from any high point for LDEM and SUSC.
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Drawdown Indicators
| LDEM | SUSC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.82% | -22.42% | -18.40% |
Max Drawdown (1Y)Largest decline over 1 year | -13.21% | -2.87% | -10.34% |
Max Drawdown (3Y)Largest decline over 3 years | -15.12% | -6.57% | -8.55% |
Max Drawdown (5Y)Largest decline over 5 years | -39.17% | -22.42% | -16.75% |
Current DrawdownCurrent decline from peak | -2.72% | -1.11% | -1.61% |
Average DrawdownAverage peak-to-trough decline | -17.30% | -5.87% | -11.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.19% | 0.94% | +3.25% |
Volatility
LDEM vs. SUSC - Volatility Comparison
iShares ESG MSCI EM Leaders ETF (LDEM) has a higher volatility of 8.65% compared to iShares ESG Aware USD Corporate Bond ETF (SUSC) at 1.46%. This indicates that LDEM's price experiences larger fluctuations and is considered to be riskier than SUSC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LDEM | SUSC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.65% | 1.46% | +7.19% |
Volatility (6M)Calculated over the trailing 6-month period | 15.64% | 3.30% | +12.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.96% | 4.36% | +14.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.34% | 7.19% | +12.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.87% | 7.62% | +13.25% |
LDEM vs. SUSC - Expense Ratio Comparison
LDEM has a 0.16% expense ratio, which is lower than SUSC'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%.
Dividends
LDEM vs. SUSC - Dividend Comparison
LDEM's dividend yield for the trailing twelve months is around 3.83%, less than SUSC's 4.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
LDEM iShares ESG MSCI EM Leaders ETF | 3.83% | 3.26% | 2.64% | 3.20% | 4.93% | 1.82% | 1.89% | 0.00% | 0.00% | 0.00% |
SUSC iShares ESG Aware USD Corporate Bond ETF | 4.48% | 4.37% | 4.34% | 3.83% | 2.97% | 2.21% | 2.19% | 3.07% | 3.33% | 1.33% |
Frequently Asked Questions
LDEM and SUSC have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LDEM has higher volatility (8.65%) compared to SUSC (1.46%). In terms of maximum drawdown, LDEM dropped -40.82% vs SUSC's -22.42%.
On 5-year performance, LDEM leads with 2.60% vs 0.31% for SUSC. On fees, LDEM is cheaper at 0.16% per year. On volatility, SUSC has been the lower-risk option at 1.46%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, LDEM has performed better with a 2.60% return vs 0.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
LDEM is cheaper with a 0.16% expense ratio, compared with 0.18% for SUSC.
SUSC has the higher dividend yield at 4.48%, compared with 3.83% for LDEM.
LDEM is categorized as Emerging Markets Equities, while SUSC is Corporate Bonds. LDEM tracks MSCI EM Extended ESG Leaders 5% Issuer Capped Index, while SUSC tracks Bloomberg MSCI US Corporate ESG Focus Index. Their fees differ too: 0.16% for LDEM and 0.18% for SUSC.
SUSC currently has the higher Sharpe Ratio (1.29 vs 1.28), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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