SEDY.L vs. IUKD.L

Last updated Jun 5, 2026

SEDY.L (iShares Emerging Markets Dividend UCITS ETF) and IUKD.L (iShares UK Dividend UCITS ETF) are both exchange-traded funds - SEDY.L is a Emerging Markets Equities fund tracking the MSCI EM NR USD, while IUKD.L is a Dividend fund tracking the FTSE UK Dividend+ Index. Both are passively managed. Over the past 10 years, SEDY.L returned 8.20%/yr vs 7.03%/yr for IUKD.L. A 0.53 correlation means they provide meaningful diversification when combined. SEDY.L charges 0.65%/yr vs 0.40%/yr for IUKD.L.

Performance

SEDY.L vs. IUKD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in iShares Emerging Markets Dividend UCITS ETF (SEDY.L) and iShares UK Dividend UCITS ETF (IUKD.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SEDY.L achieves a 10.72% return, which is significantly higher than IUKD.L's 7.22% return. Over the past 10 years, SEDY.L has outperformed IUKD.L with an annualized return of 8.20%, while IUKD.L has yielded a comparatively lower 7.03% annualized return.

SEDY.L

• 1D: -0.38%
• 1M: -1.17%
• YTD: 10.72%
• 6M: 10.19%
• 1Y: 29.05%
• 3Y*: 17.66%
• 5Y*: 5.46%
• 10Y*: 8.20%

IUKD.L

• 1D: 0.49%
• 1M: 1.90%
• YTD: 7.22%
• 6M: 9.76%
• 1Y: 24.68%
• 3Y*: 18.89%
• 5Y*: 11.88%
• 10Y*: 7.03%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SEDY.L vs. IUKD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SEDY.L iShares Emerging Markets Dividend UCITS ETF	10.72%	18.69%	8.71%	13.01%	-22.64%	12.64%	-5.85%	10.44%	0.26%	14.72%
IUKD.L iShares UK Dividend UCITS ETF	7.22%	32.12%	12.27%	5.81%	-1.44%	23.43%	-17.92%	18.86%	-14.11%	6.92%

Correlation

The correlation between SEDY.L and IUKD.L is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (3Y) Calculated over the trailing 3-year period	0.45
Correlation (5Y) Calculated over the trailing 5-year period	0.44
Correlation (10Y) Calculated over the trailing 10-year period	0.48
Correlation (All Time) Calculated using the full available price history since Nov 30, 2011	0.53

The correlation between SEDY.L and IUKD.L shifts across timeframes, from 0.43 (1 year) to 0.53 (all time), reflecting how their relationship changes across market environments.

SEDY.L vs. IUKD.L - Sectors Allocation Comparison

Sectors	SEDY.L	IUKD.L
Financial Services	28.6%	41.6%
Energy	18.2%	10.0%
Industrials	17.3%	-
Basic Materials	8.7%	4.8%
Technology	8.3%	-
Utilities	7.2%	7.8%
Consumer Cyclical	4.2%	4.3%
Real Estate	3.8%	7.8%
Consumer Defensive	2.2%	15.0%
Communication Services	1.6%	6.1%
Healthcare	-	2.5%

Return for Risk

SEDY.L vs. IUKD.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SEDY.L

SEDY.L Risk / Return Rank: 81
SEDY.L Sharpe Ratio Rank: 79
SEDY.L Sortino Ratio Rank: 79
SEDY.L Omega Ratio Rank: 77
SEDY.L Calmar Ratio Rank: 91
SEDY.L Martin Ratio Rank: 81

IUKD.L

IUKD.L Risk / Return Rank: 61
IUKD.L Sharpe Ratio Rank: 67
IUKD.L Sortino Ratio Rank: 65
IUKD.L Omega Ratio Rank: 70
IUKD.L Calmar Ratio Rank: 51
IUKD.L Martin Ratio Rank: 53

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SEDY.L vs. IUKD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Emerging Markets Dividend UCITS ETF (SEDY.L) and iShares UK Dividend UCITS ETF (IUKD.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.

	SEDY.L	IUKD.L	Difference
Sharpe ratio: Return per unit of total volatility	2.53	2.19	+0.34
Sortino ratio: Return per unit of downside risk	3.51	2.96	+0.55
Omega ratio: Gain probability vs. loss probability	1.45	1.41	+0.04
Calmar ratio: Return relative to maximum drawdown	5.95	2.48	+3.48
Martin ratio: Return relative to average drawdown	15.57	8.97	+6.61
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SEDY.L vs. IUKD.L - Sharpe Ratio Comparison

The current SEDY.L Sharpe Ratio is 2.53, which is comparable to the IUKD.L Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of SEDY.L and IUKD.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SEDY.L	IUKD.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.53	2.19	+0.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.37	0.86	-0.49
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	0.41	+0.10
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	0.28	+0.01

Drawdowns

SEDY.L vs. IUKD.L - Drawdown Comparison

The maximum SEDY.L drawdown since its inception was -43.56%, smaller than the maximum IUKD.L drawdown of -61.95%. Use the drawdown chart below to compare losses from any high point for SEDY.L and IUKD.L.

Drawdown Indicators

	SEDY.L	IUKD.L	Difference
Max Drawdown Largest peak-to-trough decline	-43.56%	-61.95%	+18.39%
Max Drawdown (1Y) Largest decline over 1 year	-4.86%	-9.92%	+5.06%
Max Drawdown (3Y) Largest decline over 3 years	-11.92%	-10.52%	-1.40%
Max Drawdown (5Y) Largest decline over 5 years	-29.66%	-19.93%	-9.73%
Max Drawdown (10Y) Largest decline over 10 years	-30.39%	-44.34%	+13.95%
Current Drawdown Current decline from peak	-3.28%	-3.39%	+0.11%
Average Drawdown Average peak-to-trough decline	-12.16%	-14.97%	+2.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.86%	2.74%	-0.88%

Volatility

SEDY.L vs. IUKD.L - Volatility Comparison

iShares Emerging Markets Dividend UCITS ETF (SEDY.L) has a higher volatility of 4.19% compared to iShares UK Dividend UCITS ETF (IUKD.L) at 3.72%. This indicates that SEDY.L's price experiences larger fluctuations and is considered to be riskier than IUKD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SEDY.L	IUKD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.19%	3.72%	+0.47%
Volatility (6M) Calculated over the trailing 6-month period	9.07%	9.33%	-0.26%
Volatility (1Y) Calculated over the trailing 1-year period	11.43%	11.21%	+0.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.75%	13.84%	+0.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.22%	17.22%	-1.00%

SEDY.L vs. IUKD.L - Expense Ratio Comparison

SEDY.L has a 0.65% expense ratio, which is higher than IUKD.L's 0.40% expense ratio.

Dividends

SEDY.L vs. IUKD.L - Dividend Comparison

SEDY.L's dividend yield for the trailing twelve months is around 5.28%, more than IUKD.L's 4.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IUKD.L iShares UK Dividend UCITS ETF	4.53%	4.85%	5.78%	5.34%	6.39%	5.68%	4.11%	5.70%	6.86%	5.19%	4.87%	5.67%
SEDY.L iShares Emerging Markets Dividend UCITS ETF	5.28%	5.72%	7.74%	7.98%	9.33%	6.41%	5.11%	5.84%	5.54%	4.08%	4.25%	6.31%

Frequently Asked Questions

Can I hold both SEDY.L and IUKD.L in my portfolio?

SEDY.L and IUKD.L have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SEDY.L or IUKD.L?

On fees, IUKD.L is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SEDY.L or IUKD.L?

IUKD.L is cheaper with a 0.40% expense ratio, compared with 0.65% for SEDY.L.

What is the main difference between SEDY.L and IUKD.L?

SEDY.L is categorized as Emerging Markets Equities, while IUKD.L is Dividend. SEDY.L tracks MSCI EM NR USD, while IUKD.L tracks FTSE UK Dividend+ Index. Their fees differ too: 0.65% for SEDY.L and 0.40% for IUKD.L.