SHLD.L vs. EIMI.L
SHLD.L (iShares Digital Security UCITS ETF USD Dist) and EIMI.L (iShares Core MSCI EM IMI UCITS ETF) are both exchange-traded funds - SHLD.L is a Technology Equities fund tracking the iShares Digital Security UCITS ETF USD Dist, while EIMI.L is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Investable Market Index. Both are passively managed. Over the past 5 years, SHLD.L returned 9.32%/yr vs 7.21%/yr for EIMI.L. A 0.66 correlation means they provide meaningful diversification when combined. SHLD.L charges 0.40%/yr vs 0.18%/yr for EIMI.L.
Performance
SHLD.L vs. EIMI.L - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with SHLD.L having a 17.77% return and EIMI.L slightly higher at 18.64%.
SHLD.L
- 1D
- 0.11%
- 1M
- 3.71%
- 6M
- 17.56%
- YTD
- 17.77%
- 1Y
- 25.07%
- 3Y*
- 19.63%
- 5Y*
- 9.32%
- 10Y*
- —
EIMI.L
- 1D
- -0.30%
- 1M
- -6.07%
- 6M
- 13.34%
- YTD
- 18.64%
- 1Y
- 34.63%
- 3Y*
- 19.30%
- 5Y*
- 7.21%
- 10Y*
- 9.25%
SHLD.L vs. EIMI.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
SHLD.L iShares Digital Security UCITS ETF USD Dist | 17.77% | 11.51% | 16.55% | 33.91% | -29.11% | 16.50% | 27.22% | 28.27% | -1.78% |
EIMI.L iShares Core MSCI EM IMI UCITS ETF | 18.64% | 32.16% | 7.36% | 11.03% | -19.67% | -0.65% | 18.80% | 16.37% | 4.89% |
Correlation
The correlation between SHLD.L and EIMI.L is 0.50, 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 | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since Oct 30, 2018 | 0.66 |
The correlation between SHLD.L and EIMI.L shifts across timeframes, from 0.50 (1 year) to 0.66 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SHLD.L vs. EIMI.L — Risk / Return Rank
SHLD.L
EIMI.L
SHLD.L vs. EIMI.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Digital Security UCITS ETF USD Dist (SHLD.L) and iShares Core MSCI EM IMI UCITS ETF (EIMI.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.
| SHLD.L | EIMI.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.43 | ||
| Sortino ratioReturn per unit of downside risk | -0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.30 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.23 | 2.72 | -0.49 |
| Martin ratioReturn relative to average drawdown | 4.84 | 8.68 | -3.84 |
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Drawdowns
SHLD.L vs. EIMI.L - Drawdown Comparison
The maximum SHLD.L drawdown since its inception was -36.07%, smaller than the maximum EIMI.L drawdown of -38.73%. Use the drawdown chart below to compare losses from any high point for SHLD.L and EIMI.L.
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Drawdown Indicators
| SHLD.L | EIMI.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.07% | -38.73% | +2.66% |
Max Drawdown (1Y)Largest decline over 1 year | -11.40% | -12.66% | +1.26% |
Max Drawdown (3Y)Largest decline over 3 years | -22.72% | -17.44% | -5.28% |
Max Drawdown (5Y)Largest decline over 5 years | -36.07% | -33.69% | -2.38% |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.73% | — |
Current DrawdownCurrent decline from peak | -4.38% | -7.71% | +3.33% |
Average DrawdownAverage peak-to-trough decline | -9.27% | -13.92% | +4.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.27% | 3.98% | +1.29% |
Volatility
SHLD.L vs. EIMI.L - Volatility Comparison
The current volatility for iShares Digital Security UCITS ETF USD Dist (SHLD.L) is 7.42%, while iShares Core MSCI EM IMI UCITS ETF (EIMI.L) has a volatility of 8.59%. This indicates that SHLD.L experiences smaller price fluctuations and is considered to be less risky than EIMI.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SHLD.L | EIMI.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.42% | 8.59% | -1.17% |
Volatility (6M)Calculated over the trailing 6-month period | 18.10% | 19.48% | -1.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.64% | 21.43% | +0.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.39% | 18.83% | +2.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.23% | 19.22% | +2.01% |
SHLD.L vs. EIMI.L - Expense Ratio Comparison
SHLD.L has a 0.40% expense ratio, which is higher than EIMI.L's 0.18% expense ratio.
Dividends
SHLD.L vs. EIMI.L - Dividend Comparison
SHLD.L's dividend yield for the trailing twelve months is around 0.35%, while EIMI.L has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
EIMI.L iShares Core MSCI EM IMI UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SHLD.L iShares Digital Security UCITS ETF USD Dist | 0.35% | 0.39% | 0.48% | 0.43% | 0.63% | 0.66% | 0.84% | 1.00% |
Frequently Asked Questions
SHLD.L and EIMI.L have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EIMI.L is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EIMI.L is cheaper with a 0.18% expense ratio, compared with 0.40% for SHLD.L.
SHLD.L is categorized as Technology Equities, while EIMI.L is Emerging Markets Equities. SHLD.L tracks iShares Digital Security UCITS ETF USD Dist, while EIMI.L tracks MSCI Emerging Markets Investable Market Index. Their fees differ too: 0.40% for SHLD.L and 0.18% for EIMI.L.
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