RWCEX vs. EMIM.L
Compare and contrast key facts about Redwheel Global Emerging Equity Fund (RWCEX) and iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (EMIM.L).
RWCEX is managed by RWC. It was launched on Dec 29, 2016. EMIM.L is a passively managed fund by iShares that tracks the performance of the MSCI EM NR USD. It was launched on May 30, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RWCEX or EMIM.L.
Correlation
The correlation between RWCEX and EMIM.L is 0.79, 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
RWCEX vs. EMIM.L - Performance Comparison
Key characteristics
RWCEX:
0.39
EMIM.L:
1.13
RWCEX:
0.66
EMIM.L:
1.64
RWCEX:
1.08
EMIM.L:
1.21
RWCEX:
0.16
EMIM.L:
1.06
RWCEX:
0.81
EMIM.L:
4.54
RWCEX:
8.54%
EMIM.L:
3.17%
RWCEX:
17.67%
EMIM.L:
12.87%
RWCEX:
-51.33%
EMIM.L:
-31.70%
RWCEX:
-39.53%
EMIM.L:
-2.59%
Returns By Period
In the year-to-date period, RWCEX achieves a 4.50% return, which is significantly higher than EMIM.L's 3.45% return.
RWCEX
4.50%
6.23%
1.53%
6.11%
-1.73%
N/A
EMIM.L
3.45%
3.41%
6.18%
12.23%
4.24%
5.99%
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RWCEX vs. EMIM.L - Expense Ratio Comparison
RWCEX has a 1.22% expense ratio, which is higher than EMIM.L's 0.18% expense ratio.
Risk-Adjusted Performance
RWCEX vs. EMIM.L — Risk-Adjusted Performance Rank
RWCEX
EMIM.L
RWCEX vs. EMIM.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Redwheel Global Emerging Equity Fund (RWCEX) and iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (EMIM.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
RWCEX vs. EMIM.L - Dividend Comparison
RWCEX's dividend yield for the trailing twelve months is around 1.21%, while EMIM.L has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
RWCEX Redwheel Global Emerging Equity Fund | 1.21% | 1.26% | 0.68% | 0.54% | 2.28% | 0.24% | 0.49% | 0.15% | 0.39% |
EMIM.L iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
RWCEX vs. EMIM.L - Drawdown Comparison
The maximum RWCEX drawdown since its inception was -51.33%, which is greater than EMIM.L's maximum drawdown of -31.70%. Use the drawdown chart below to compare losses from any high point for RWCEX and EMIM.L. For additional features, visit the drawdowns tool.
Volatility
RWCEX vs. EMIM.L - Volatility Comparison
Redwheel Global Emerging Equity Fund (RWCEX) and iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (EMIM.L) have volatilities of 3.98% and 3.82%, 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.