WSML.L vs. EIMI.L

Last updated Apr 2, 2026

Compare and contrast key facts about iShares MSCI World Small Cap UCITS ETF USD (Acc) (WSML.L) and iShares Core MSCI EM IMI UCITS ETF (EIMI.L).

WSML.L and EIMI.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WSML.L is a passively managed fund by iShares that tracks the performance of the MSCI World Small Cap Index. It was launched on Mar 27, 2018. EIMI.L is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Investable Market Index. It was launched on May 30, 2014. Both WSML.L and EIMI.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

WSML.L vs. EIMI.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI World Small Cap UCITS ETF USD (Acc) (WSML.L) and iShares Core MSCI EM IMI UCITS ETF (EIMI.L). The values are adjusted to include any dividend payments, if applicable.

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
WSML.L iShares MSCI World Small Cap UCITS ETF USD (Acc)	3.61%	19.94%	7.40%	17.06%	-18.62%	15.23%	16.50%	24.35%	-12.64%
EIMI.L iShares Core MSCI EM IMI UCITS ETF	4.48%	32.16%	7.36%	11.03%	-19.67%	-0.65%	18.80%	16.37%	-15.63%

Returns By Period

In the year-to-date period, WSML.L achieves a 3.61% return, which is significantly lower than EIMI.L's 4.48% return.

WSML.L

• 1D: 3.50%
• 1M: -4.26%
• YTD: 3.61%
• 6M: 6.86%
• 1Y: 28.69%
• 3Y*: 14.28%
• 5Y*: 5.88%
• 10Y*: —

EIMI.L

• 1D: 4.13%
• 1M: -5.98%
• YTD: 4.48%
• 6M: 8.17%
• 1Y: 33.96%
• 3Y*: 16.49%
• 5Y*: 4.75%
• 10Y*: 8.46%

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

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

WSML.L has a 0.35% expense ratio, which is higher than EIMI.L's 0.18% expense ratio.

WSML.L

iShares MSCI World Small Cap UCITS ETF USD (Acc)

EIMI.L

iShares Core MSCI EM IMI UCITS ETF

Return for Risk

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

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

WSML.L

WSML.L Risk / Return Rank: 85
WSML.L Sharpe Ratio Rank: 83
WSML.L Sortino Ratio Rank: 84
WSML.L Omega Ratio Rank: 79
WSML.L Calmar Ratio Rank: 90
WSML.L Martin Ratio Rank: 87

EIMI.L

EIMI.L Risk / Return Rank: 85
EIMI.L Sharpe Ratio Rank: 86
EIMI.L Sortino Ratio Rank: 86
EIMI.L Omega Ratio Rank: 84
EIMI.L Calmar Ratio Rank: 86
EIMI.L Martin Ratio Rank: 83

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.

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

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Small Cap UCITS ETF USD (Acc) (WSML.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.

	WSML.L	EIMI.L	Difference
Sharpe ratio Return per unit of total volatility	1.68	1.79	-0.12
Sortino ratio Return per unit of downside risk	2.31	2.35	-0.04
Omega ratio Gain probability vs. loss probability	1.31	1.34	-0.03
Calmar ratio Return relative to maximum drawdown	3.13	2.68	+0.45
Martin ratio Return relative to average drawdown	11.10	9.80	+1.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WSML.L vs. EIMI.L - Sharpe Ratio Comparison

The current WSML.L Sharpe Ratio is 1.68, which is comparable to the EIMI.L Sharpe Ratio of 1.79. The chart below compares the historical Sharpe Ratios of WSML.L and EIMI.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

	WSML.L	EIMI.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.68	1.79	-0.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	0.27	+0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.45	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.28	+0.13

Correlation

The correlation between WSML.L and EIMI.L is 0.71, 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

WSML.L vs. EIMI.L - Dividend Comparison

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

Tickers have no history of dividend payments

Drawdowns

WSML.L vs. EIMI.L - Drawdown Comparison

The maximum WSML.L drawdown since its inception was -41.14%, which is greater than EIMI.L's maximum drawdown of -38.73%. Use the drawdown chart below to compare losses from any high point for WSML.L and EIMI.L.

Drawdown Indicators

	WSML.L	EIMI.L	Difference
Max Drawdown Largest peak-to-trough decline	-41.14%	-38.73%	-2.41%
Max Drawdown (1Y) Largest decline over 1 year	-12.15%	-12.66%	+0.51%
Max Drawdown (5Y) Largest decline over 5 years	-30.50%	-35.66%	+5.16%
Max Drawdown (10Y) Largest decline over 10 years	—	-38.73%	—
Current Drawdown Current decline from peak	-5.37%	-9.03%	+3.66%
Average Drawdown Average peak-to-trough decline	-8.95%	-14.21%	+5.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.55%	3.47%	-0.92%

Volatility

WSML.L vs. EIMI.L - Volatility Comparison

The current volatility for iShares MSCI World Small Cap UCITS ETF USD (Acc) (WSML.L) is 6.60%, while iShares Core MSCI EM IMI UCITS ETF (EIMI.L) has a volatility of 8.48%. This indicates that WSML.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.

Volatility by Period

	WSML.L	EIMI.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.60%	8.48%	-1.88%
Volatility (6M) Calculated over the trailing 6-month period	10.82%	13.79%	-2.97%
Volatility (1Y) Calculated over the trailing 1-year period	17.07%	18.87%	-1.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.44%	17.75%	+0.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.65%	18.90%	+0.75%