LQDH vs. EMVL.L
LQDH (iShares Interest Rate Hedged Corporate Bond ETF) and EMVL.L (iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc)) are both exchange-traded funds - LQDH is a Corporate Bonds fund actively managed by iShares, while EMVL.L is a Emerging Markets Equities fund tracking the MSCI EM NR USD. LQDH is actively managed, while EMVL.L is passively managed. Over the past 5 years, LQDH returned 5.25%/yr vs 15.37%/yr for EMVL.L. At a 0.31 correlation, their price movements are largely independent. LQDH charges 0.25%/yr vs 0.40%/yr for EMVL.L.
Performance
LQDH vs. EMVL.L - Performance Comparison
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Returns By Period
In the year-to-date period, LQDH achieves a 2.17% return, which is significantly lower than EMVL.L's 37.33% return.
LQDH
- 1D
- -0.02%
- 1M
- 0.58%
- YTD
- 2.17%
- 6M
- 2.64%
- 1Y
- 7.27%
- 3Y*
- 8.07%
- 5Y*
- 5.25%
- 10Y*
- 4.63%
EMVL.L
- 1D
- 0.16%
- 1M
- 2.44%
- YTD
- 37.33%
- 6M
- 41.13%
- 1Y
- 75.61%
- 3Y*
- 34.59%
- 5Y*
- 15.37%
- 10Y*
- —
LQDH vs. EMVL.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
LQDH iShares Interest Rate Hedged Corporate Bond ETF | 2.17% | 7.00% | 7.43% | 11.14% | -1.88% | 1.84% | 1.68% | 9.50% | -0.90% |
EMVL.L iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) | 37.33% | 43.13% | 14.49% | 18.37% | -16.29% | 5.29% | 7.72% | 17.64% | -2.10% |
Correlation
The correlation between LQDH and EMVL.L is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Dec 6, 2018 | 0.31 |
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Return for Risk
LQDH vs. EMVL.L — Risk / Return Rank
LQDH
EMVL.L
LQDH vs. EMVL.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Interest Rate Hedged Corporate Bond ETF (LQDH) and iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) (EMVL.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.
| LQDH | EMVL.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.80 | ||
| Sortino ratioReturn per unit of downside risk | -0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.60 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.11 | 6.45 | -3.34 |
| Martin ratioReturn relative to average drawdown | 13.21 | 21.70 | -8.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LQDH | EMVL.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.70 | 3.50 | -0.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.19 | 0.76 | +0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.72 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.73 | -0.15 |
Drawdowns
LQDH vs. EMVL.L - Drawdown Comparison
The maximum LQDH drawdown since its inception was -24.63%, smaller than the maximum EMVL.L drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for LQDH and EMVL.L.
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Drawdown Indicators
| LQDH | EMVL.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.63% | -34.95% | +10.32% |
Max Drawdown (1Y)Largest decline over 1 year | -2.34% | -11.65% | +9.31% |
Max Drawdown (3Y)Largest decline over 3 years | -4.86% | -16.42% | +11.56% |
Max Drawdown (5Y)Largest decline over 5 years | -7.08% | -34.20% | +27.12% |
Max Drawdown (10Y)Largest decline over 10 years | -24.63% | — | — |
Current DrawdownCurrent decline from peak | -0.23% | -8.53% | +8.30% |
Average DrawdownAverage peak-to-trough decline | -1.67% | -9.54% | +7.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.55% | 3.47% | -2.92% |
Volatility
LQDH vs. EMVL.L - Volatility Comparison
The current volatility for iShares Interest Rate Hedged Corporate Bond ETF (LQDH) is 0.47%, while iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) (EMVL.L) has a volatility of 11.12%. This indicates that LQDH experiences smaller price fluctuations and is considered to be less risky than EMVL.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LQDH | EMVL.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.47% | 11.12% | -10.65% |
Volatility (6M)Calculated over the trailing 6-month period | 2.04% | 18.39% | -16.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.71% | 21.51% | -18.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.41% | 20.13% | -15.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.44% | 21.15% | -14.71% |
LQDH vs. EMVL.L - Expense Ratio Comparison
LQDH has a 0.25% expense ratio, which is lower than EMVL.L's 0.40% expense ratio.
Dividends
LQDH vs. EMVL.L - Dividend Comparison
LQDH's dividend yield for the trailing twelve months is around 5.96%, while EMVL.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMVL.L iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LQDH iShares Interest Rate Hedged Corporate Bond ETF | 5.96% | 6.06% | 7.57% | 7.69% | 3.73% | 1.65% | 2.22% | 3.09% | 5.08% | 2.37% | 2.33% | 2.98% |
Frequently Asked Questions
LQDH and EMVL.L have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LQDH is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LQDH is cheaper with a 0.25% expense ratio, compared with 0.40% for EMVL.L.
LQDH is categorized as Corporate Bonds, while EMVL.L is Emerging Markets Equities. Their fees differ too: 0.25% for LQDH and 0.40% for EMVL.L.
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