TDIV.L vs. IEDY.L
TDIV.L (VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF USD (Dist)) and IEDY.L (iShares EM Dividend UCITS ETF USD (Dist)) are both exchange-traded funds - TDIV.L is a Global Equities fund tracking the Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index, while IEDY.L is a Dividend fund tracking the Dow Jones Emerging Markets Select Dividend Index (USD) CLOSE NTR. Both are passively managed. Over the past 10 years, TDIV.L returned 13.78%/yr vs 6.29%/yr for IEDY.L. A 0.60 correlation means they provide meaningful diversification when combined. TDIV.L charges 0.38%/yr vs 0.65%/yr for IEDY.L.
Performance
TDIV.L vs. IEDY.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TDIV.L achieves a 11.48% return, which is significantly higher than IEDY.L's 9.34% return. Over the past 10 years, TDIV.L has outperformed IEDY.L with an annualized return of 13.78%, while IEDY.L has yielded a comparatively lower 6.29% annualized return.
TDIV.L
- 1D
- 0.57%
- 1M
- 1.72%
- 6M
- 10.29%
- YTD
- 11.48%
- 1Y
- 29.47%
- 3Y*
- 22.59%
- 5Y*
- 17.74%
- 10Y*
- 13.78%
IEDY.L
- 1D
- -0.05%
- 1M
- -1.10%
- 6M
- 4.01%
- YTD
- 9.34%
- 1Y
- 22.18%
- 3Y*
- 18.68%
- 5Y*
- 4.83%
- 10Y*
- 6.29%
TDIV.L vs. IEDY.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TDIV.L VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF USD (Dist) | 11.48% | 40.41% | 8.93% | 15.44% | 9.29% | 18.14% | -2.30% | 37.03% | -6.76% | 3.94% |
IEDY.L iShares EM Dividend UCITS ETF USD (Dist) | 9.34% | 27.60% | 7.02% | 19.23% | -30.77% | 11.02% | -2.56% | 13.94% | -5.15% | 25.92% |
Correlation
The correlation between TDIV.L and IEDY.L is 0.56, 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 | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since May 23, 2016 | 0.60 |
The correlation between TDIV.L and IEDY.L has been stable across timeframes, ranging from 0.56 to 0.63 - 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
TDIV.L vs. IEDY.L — Risk / Return Rank
TDIV.L
IEDY.L
TDIV.L vs. IEDY.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF USD (Dist) (TDIV.L) and iShares EM Dividend UCITS ETF USD (Dist) (IEDY.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.
| TDIV.L | IEDY.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.08 | ||
| Sortino ratioReturn per unit of downside risk | +1.44 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.27 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 5.57 | 2.46 | +3.12 |
| Martin ratioReturn relative to average drawdown | 15.65 | 7.21 | +8.44 |
Loading charts...
Drawdowns
TDIV.L vs. IEDY.L - Drawdown Comparison
The maximum TDIV.L drawdown since its inception was -37.94%, smaller than the maximum IEDY.L drawdown of -48.42%. Use the drawdown chart below to compare losses from any high point for TDIV.L and IEDY.L.
Loading charts...
Drawdown Indicators
| TDIV.L | IEDY.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.94% | -48.42% | +10.48% |
Max Drawdown (1Y)Largest decline over 1 year | -5.27% | -9.00% | +3.73% |
Max Drawdown (3Y)Largest decline over 3 years | -13.89% | -14.34% | +0.45% |
Max Drawdown (5Y)Largest decline over 5 years | -18.52% | -41.24% | +22.72% |
Max Drawdown (10Y)Largest decline over 10 years | -37.94% | -41.24% | +3.30% |
Current DrawdownCurrent decline from peak | 0.00% | -5.19% | +5.19% |
Average DrawdownAverage peak-to-trough decline | -4.00% | -15.43% | +11.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.88% | 3.07% | -1.19% |
Volatility
TDIV.L vs. IEDY.L - Volatility Comparison
The current volatility for VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF USD (Dist) (TDIV.L) is 3.60%, while iShares EM Dividend UCITS ETF USD (Dist) (IEDY.L) has a volatility of 4.04%. This indicates that TDIV.L experiences smaller price fluctuations and is considered to be less risky than IEDY.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TDIV.L | IEDY.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.60% | 4.04% | -0.44% |
Volatility (6M)Calculated over the trailing 6-month period | 8.56% | 11.98% | -3.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.22% | 14.37% | -3.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.56% | 17.26% | -2.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.20% | 18.36% | -2.16% |
TDIV.L vs. IEDY.L - Expense Ratio Comparison
TDIV.L has a 0.38% expense ratio, which is lower than IEDY.L's 0.65% expense ratio.
Dividends
TDIV.L vs. IEDY.L - Dividend Comparison
TDIV.L's dividend yield for the trailing twelve months is around 3.11%, less than IEDY.L's 5.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IEDY.L iShares EM Dividend UCITS ETF USD (Dist) | 5.09% | 5.72% | 7.94% | 7.91% | 9.38% | 6.57% | 4.79% | 5.59% | 5.69% | 3.96% | 4.59% | 6.51% |
TDIV.L VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF USD (Dist) | 3.11% | 3.49% | 4.36% | 4.82% | 4.49% | 4.14% | 3.88% | 4.37% | 5.77% | 4.50% | 0.00% | 0.00% |
Frequently Asked Questions
TDIV.L and IEDY.L have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TDIV.L is cheaper at 0.38% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TDIV.L is cheaper with a 0.38% expense ratio, compared with 0.65% for IEDY.L.
TDIV.L is categorized as Global Equities, while IEDY.L is Dividend. TDIV.L tracks Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index, while IEDY.L tracks Dow Jones Emerging Markets Select Dividend Index (USD) CLOSE NTR. They also come from different issuers: VanEck and iShares. Their fees differ too: 0.38% for TDIV.L and 0.65% for IEDY.L.
Find the right allocation for TDIV.L and IEDY.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