LDME.L vs. EEDM.L
LDME.L (L&G Emerging Markets Quality Dividends Equal Weight UCITS ETF USD (Dist)) and EEDM.L (iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist)) are both Emerging Markets Equities funds - LDME.L tracks the FTSE Emerging All Cap ex CW ex TC ex REITS Dividend Growth with Quality Index while EEDM.L tracks the MSCI EM ESG Enhanced CTB Index. Both are passively managed. Over the past 5 years, LDME.L returned 9.58%/yr vs 6.16%/yr for EEDM.L. A 0.74 correlation means they provide meaningful diversification when combined. LDME.L charges 0.45%/yr vs 0.18%/yr for EEDM.L.
Performance
LDME.L vs. EEDM.L - Performance Comparison
Loading charts...
Different Trading Currencies
LDME.L is traded in GBp, while EEDM.L is traded in USD. To make them comparable, the EEDM.L values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, LDME.L achieves a 10.73% return, which is significantly lower than EEDM.L's 15.57% return.
LDME.L
- 1D
- -0.96%
- 1M
- -5.18%
- 6M
- 6.28%
- YTD
- 10.73%
- 1Y
- 20.08%
- 3Y*
- 15.53%
- 5Y*
- 9.58%
- 10Y*
- —
EEDM.L
- 1D
- -1.72%
- 1M
- -10.67%
- 6M
- 9.59%
- YTD
- 15.57%
- 1Y
- 29.33%
- 3Y*
- 17.41%
- 5Y*
- 6.16%
- 10Y*
- —
LDME.L vs. EEDM.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
LDME.L L&G Emerging Markets Quality Dividends Equal Weight UCITS ETF USD (Dist) | 10.73% | 16.54% | 11.33% | 10.64% | -2.34% | 7,358.59% |
EEDM.L iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist) | 15.57% | 25.83% | 8.57% | 2.77% | -12.38% | -4.21% |
Correlation
The correlation between LDME.L and EEDM.L is 0.77, 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 | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.74 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2021 | 0.74 |
The correlation between LDME.L and EEDM.L has been stable across timeframes, ranging from 0.74 to 0.77 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LDME.L vs. EEDM.L — Risk / Return Rank
LDME.L
EEDM.L
LDME.L vs. EEDM.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for L&G Emerging Markets Quality Dividends Equal Weight UCITS ETF USD (Dist) (LDME.L) and iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist) (EEDM.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.
| LDME.L | EEDM.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.25 | ||
| Sortino ratioReturn per unit of downside risk | +0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.27 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.11 | 2.32 | +0.78 |
| Martin ratioReturn relative to average drawdown | 8.15 | 7.29 | +0.85 |
Loading charts...
Drawdowns
LDME.L vs. EEDM.L - Drawdown Comparison
The maximum LDME.L drawdown since its inception was -14.82%, smaller than the maximum EEDM.L drawdown of -27.49%. Use the drawdown chart below to compare losses from any high point for LDME.L and EEDM.L.
Loading charts...
Drawdown Indicators
| LDME.L | EEDM.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.82% | -27.49% | +12.67% |
Max Drawdown (1Y)Largest decline over 1 year | -6.44% | -12.57% | +6.13% |
Max Drawdown (3Y)Largest decline over 3 years | -14.82% | -15.81% | +0.99% |
Max Drawdown (5Y)Largest decline over 5 years | -14.82% | -22.89% | +8.07% |
Current DrawdownCurrent decline from peak | -6.32% | -12.57% | +6.25% |
Average DrawdownAverage peak-to-trough decline | -3.25% | -11.96% | +8.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.46% | 4.01% | -1.55% |
Volatility
LDME.L vs. EEDM.L - Volatility Comparison
The current volatility for L&G Emerging Markets Quality Dividends Equal Weight UCITS ETF USD (Dist) (LDME.L) is 3.98%, while iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist) (EEDM.L) has a volatility of 8.80%. This indicates that LDME.L experiences smaller price fluctuations and is considered to be less risky than EEDM.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LDME.L | EEDM.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.98% | 8.80% | -4.82% |
Volatility (6M)Calculated over the trailing 6-month period | 9.82% | 18.92% | -9.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.14% | 20.86% | -8.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.65% | 17.81% | -5.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3,215.14% | 19.29% | +3,195.85% |
LDME.L vs. EEDM.L - Expense Ratio Comparison
LDME.L has a 0.45% expense ratio, which is higher than EEDM.L's 0.18% expense ratio.
Dividends
LDME.L vs. EEDM.L - Dividend Comparison
LDME.L's dividend yield for the trailing twelve months is around 2.88%, more than EEDM.L's 1.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
EEDM.L iShares MSCI EM CTB Enhanced ESG UCITS ETF USD (Dist) | 1.69% | 1.89% | 2.37% | 2.37% | 2.59% | 1.97% | 1.54% | 0.05% |
LDME.L L&G Emerging Markets Quality Dividends Equal Weight UCITS ETF USD (Dist) | 2.88% | 3.04% | 3.67% | 3.56% | 4.57% | 1.55% | 0.00% | 0.00% |
Frequently Asked Questions
LDME.L and EEDM.L have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EEDM.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EEDM.L is cheaper with a 0.18% expense ratio, compared with 0.45% for LDME.L.
LDME.L tracks FTSE Emerging All Cap ex CW ex TC ex REITS Dividend Growth with Quality Index, while EEDM.L tracks MSCI EM ESG Enhanced CTB Index. They also come from different issuers: L&G and iShares. Their fees differ too: 0.45% for LDME.L and 0.18% for EEDM.L.
Find the right allocation for LDME.L and EEDM.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer