VDEM.L vs. SEDY.L

Last updated Apr 2, 2026

Compare and contrast key facts about Vanguard FTSE Emerging Markets UCITS (VDEM.L) and iShares Emerging Markets Dividend UCITS ETF (SEDY.L).

VDEM.L and SEDY.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VDEM.L is a passively managed fund by Vanguard that tracks the performance of the FTSE Emerging Index. It was launched on Sep 24, 2019. SEDY.L is a passively managed fund by iShares that tracks the performance of the MSCI EM NR USD. It was launched on Nov 25, 2011. Both VDEM.L and SEDY.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

VDEM.L vs. SEDY.L - Performance Comparison

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

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VDEM.L Vanguard FTSE Emerging Markets UCITS	0.80%	25.92%	12.28%	7.28%	-17.20%	-0.89%	14.86%	18.83%	-12.55%	31.59%
SEDY.L iShares Emerging Markets Dividend UCITS ETF	10.59%	27.65%	6.90%	18.97%	-30.91%	11.62%	-2.97%	14.87%	-5.42%	25.64%

Different Trading Currencies

VDEM.L is traded in USD, while SEDY.L is traded in GBp. To make them comparable, the SEDY.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, VDEM.L achieves a 0.80% return, which is significantly lower than SEDY.L's 10.59% return. Both investments have delivered pretty close results over the past 10 years, with VDEM.L having a 7.79% annualized return and SEDY.L not far behind at 7.41%.

VDEM.L

• 1D: 2.77%
• 1M: -4.44%
• YTD: 0.80%
• 6M: 1.74%
• 1Y: 23.04%
• 3Y*: 13.96%
• 5Y*: 3.79%
• 10Y*: 7.79%

SEDY.L

• 1D: 1.61%
• 1M: -0.72%
• YTD: 10.59%
• 6M: 17.89%
• 1Y: 32.52%
• 3Y*: 20.99%
• 5Y*: 5.56%
• 10Y*: 7.41%

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

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

VDEM.L has a 0.22% expense ratio, which is lower than SEDY.L's 0.65% expense ratio.

SEDY.L

iShares Emerging Markets Dividend UCITS ETF

VDEM.L

Vanguard FTSE Emerging Markets UCITS

Return for Risk

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

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

VDEM.L

VDEM.L Risk / Return Rank: 69
VDEM.L Sharpe Ratio Rank: 71
VDEM.L Sortino Ratio Rank: 68
VDEM.L Omega Ratio Rank: 65
VDEM.L Calmar Ratio Rank: 75
VDEM.L Martin Ratio Rank: 67

SEDY.L

SEDY.L Risk / Return Rank: 92
SEDY.L Sharpe Ratio Rank: 92
SEDY.L Sortino Ratio Rank: 92
SEDY.L Omega Ratio Rank: 92
SEDY.L Calmar Ratio Rank: 93
SEDY.L Martin Ratio Rank: 93

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.

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

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

	VDEM.L	SEDY.L	Difference
Sharpe ratio Return per unit of total volatility	1.32	2.12	-0.80
Sortino ratio Return per unit of downside risk	1.79	2.70	-0.91
Omega ratio Gain probability vs. loss probability	1.25	1.40	-0.15
Calmar ratio Return relative to maximum drawdown	2.16	3.19	-1.03
Martin ratio Return relative to average drawdown	7.35	14.22	-6.88
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

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

The current VDEM.L Sharpe Ratio is 1.32, which is lower than the SEDY.L Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of VDEM.L and SEDY.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	VDEM.L	SEDY.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.32	2.12	-0.80
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.22	0.33	-0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.42	0.42	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	0.22	+0.10

Correlation

The correlation between VDEM.L and SEDY.L is 0.80, 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.

Dividends

VDEM.L vs. SEDY.L - Dividend Comparison

VDEM.L's dividend yield for the trailing twelve months is around 2.25%, less than SEDY.L's 5.23% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
VDEM.L Vanguard FTSE Emerging Markets UCITS	2.25%	2.34%	2.38%	2.58%	3.27%	2.30%	1.81%	2.33%	2.82%	2.16%	2.40%	2.94%
SEDY.L iShares Emerging Markets Dividend UCITS ETF	5.23%	5.72%	7.74%	7.98%	9.33%	6.41%	5.11%	5.84%	5.54%	4.08%	4.25%	6.31%

Drawdowns

VDEM.L vs. SEDY.L - Drawdown Comparison

The maximum VDEM.L drawdown since its inception was -36.63%, smaller than the maximum SEDY.L drawdown of -48.38%. Use the drawdown chart below to compare losses from any high point for VDEM.L and SEDY.L.

Drawdown Indicators

	VDEM.L	SEDY.L	Difference
Max Drawdown Largest peak-to-trough decline	-36.63%	-43.56%	+6.93%
Max Drawdown (1Y) Largest decline over 1 year	-11.70%	-10.60%	-1.10%
Max Drawdown (5Y) Largest decline over 5 years	-33.40%	-29.66%	-3.74%
Max Drawdown (10Y) Largest decline over 10 years	-36.35%	-30.39%	-5.96%
Current Drawdown Current decline from peak	-7.47%	-1.59%	-5.88%
Average Drawdown Average peak-to-trough decline	-12.81%	-12.28%	-0.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.13%	1.99%	+1.14%

Volatility

VDEM.L vs. SEDY.L - Volatility Comparison

Vanguard FTSE Emerging Markets UCITS (VDEM.L) has a higher volatility of 6.60% compared to iShares Emerging Markets Dividend UCITS ETF (SEDY.L) at 5.69%. This indicates that VDEM.L's price experiences larger fluctuations and is considered to be riskier than SEDY.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VDEM.L	SEDY.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.60%	5.69%	+0.91%
Volatility (6M) Calculated over the trailing 6-month period	11.69%	10.05%	+1.64%
Volatility (1Y) Calculated over the trailing 1-year period	17.46%	15.32%	+2.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.56%	16.92%	+0.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.66%	17.57%	+1.09%