VUAA.L vs. EIMI.L

Last updated Jun 6, 2026

VUAA.L (Vanguard S&P 500 UCITS ETF USD Accumulation) and EIMI.L (iShares Core MSCI EM IMI UCITS ETF) are both exchange-traded funds - VUAA.L is a S&P 500 fund tracking the S&P 500 Net Total Return, while EIMI.L is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Investable Market Index. Both are passively managed. A 0.73 correlation means they provide meaningful diversification when combined. VUAA.L charges 0.07%/yr vs 0.18%/yr for EIMI.L.

Performance

VUAA.L vs. EIMI.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard S&P 500 UCITS ETF USD Accumulation (VUAA.L) and iShares Core MSCI EM IMI UCITS ETF (EIMI.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VUAA.L achieves a 9.14% return, which is significantly lower than EIMI.L's 24.25% return.

VUAA.L

• 1D: -1.07%
• 1M: 2.12%
• YTD: 9.14%
• 6M: 9.60%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EIMI.L

• 1D: -1.30%
• 1M: 4.51%
• YTD: 24.25%
• 6M: 27.21%
• 1Y: 49.41%
• 3Y*: 23.30%
• 5Y*: 7.61%
• 10Y*: 10.26%

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

VUAA.L vs. EIMI.L - Yearly Performance Comparison

	2026 (YTD)	2025
VUAA.L Vanguard S&P 500 UCITS ETF USD Accumulation	9.14%	15.63%
EIMI.L iShares Core MSCI EM IMI UCITS ETF	24.25%	19.40%

Correlation

The correlation between VUAA.L and EIMI.L is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 9, 2025	0.73

VUAA.L vs. EIMI.L - Sectors Allocation Comparison

Sectors	VUAA.L	EIMI.L
Technology	35.7%	35.0%
Financial Services	11.6%	18.4%
Communication Services	11.3%	6.4%
Consumer Cyclical	10.2%	9.6%
Healthcare	8.5%	3.7%
Industrials	8.3%	8.9%
Consumer Defensive	4.9%	3.3%
Energy	3.5%	3.9%
Utilities	2.4%	2.2%
Real Estate	1.9%	1.7%
Basic Materials	1.8%	6.9%

Return for Risk

VUAA.L vs. EIMI.L — Risk / Return Rank

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

EIMI.L

EIMI.L Risk / Return Rank: 78
EIMI.L Sharpe Ratio Rank: 80
EIMI.L Sortino Ratio Rank: 77
EIMI.L Omega Ratio Rank: 80
EIMI.L Calmar Ratio Rank: 78
EIMI.L Martin Ratio Rank: 75

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.

VUAA.L vs. EIMI.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard S&P 500 UCITS ETF USD Accumulation (VUAA.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	VUAA.L	EIMI.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.56	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.42	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.54	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.23	0.36	+1.87

Drawdowns

VUAA.L vs. EIMI.L - Drawdown Comparison

The maximum VUAA.L drawdown since its inception was -8.18%, smaller than the maximum EIMI.L drawdown of -38.73%. Use the drawdown chart below to compare losses from any high point for VUAA.L and EIMI.L.

Drawdown Indicators

	VUAA.L	EIMI.L	Difference
Max Drawdown Largest peak-to-trough decline	-8.18%	-38.73%	+30.55%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.66%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-17.44%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.50%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-38.73%	—
Current Drawdown Current decline from peak	-1.61%	-2.64%	+1.03%
Average Drawdown Average peak-to-trough decline	-1.11%	-14.04%	+12.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.91%	3.52%	-1.61%

Volatility

Volatility by Period

	VUAA.L	EIMI.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.18%	—
Volatility (6M) Calculated over the trailing 6-month period	—	16.71%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.79%	19.23%	-7.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.79%	18.31%	-6.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.79%	19.15%	-7.36%

VUAA.L vs. EIMI.L - Expense Ratio Comparison

VUAA.L has a 0.07% expense ratio, which is lower than EIMI.L's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

VUAA.L vs. EIMI.L - Dividend Comparison

Neither VUAA.L nor EIMI.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both VUAA.L and EIMI.L in my portfolio?

VUAA.L and EIMI.L have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VUAA.L or EIMI.L?

On fees, VUAA.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VUAA.L or EIMI.L?

VUAA.L is cheaper with a 0.07% expense ratio, compared with 0.18% for EIMI.L.

What is the main difference between VUAA.L and EIMI.L?

VUAA.L is categorized as S&P 500, while EIMI.L is Emerging Markets Equities. VUAA.L tracks S&P 500 Net Total Return, while EIMI.L tracks MSCI Emerging Markets Investable Market Index. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.07% for VUAA.L and 0.18% for EIMI.L.