IEMM.AS - Risk

Transparent evaluation of price volatility (SRI) and 4-dimensional portfolio diversification.

Volatility Risk Score

5/7 Elevated

5 / 7 SRI PRIIPs Risk Class

Above-average volatility. Suitable for experienced investors with high risk tolerance (5+ years horizon).

Volatility (5Y)

17.5% p.a.

5-Year Horizon

Max Drawdown (5Y)

-25.0%

Deepest Drawdown

Sharpe Ratio

0.25

Moderate (0.0 - 0.5)

Rec. Holding Period

5 - 10+ Years

Investment Horizon

Elevated Risk / Growth: Score Basis:

Diversification Score

Focused (35% – 50%)

48 / 100 Portfolio Diversification

4 Dimensions: Holdings (30%) • Sectors (25%) • Industries (25%) • Regions (20%)

Focused weighting: Top holdings drive a major share of fund returns.

Top 10 Holdings

38.1%

Focused

Effective Holdings

~67

of 1137 holdings

Top Sector

41.9%

Technology

Top Region / Country

27.2%

Taiwan

Elevated concentration in top individual holdings, leading sectors, or key regions.

Historical volatility, drawdowns, and risk-adjusted return across 1, 3, 5, and 10 years.

Timeframe	Volatility (p.a.)	Max Drawdown	Sharpe Ratio	Return (p.a.)
1 Year	—	—	—	+26.8%
3 Years	17.7%	-19.7%	0.96	+19.5%
5 Years	17.5%	-25.0%	0.25	+6.8%
10 Years	18.6%	-31.9%	0.2	+6.2%

🟢 Favorable / fair valuation: Avg P/E of 16.6

🟢 Established large fund (> 500M € AUM)

🟢 High institutional analyst coverage (20.7 analysts)

⚠️ Elevated emerging markets risk: 93% Emerging Markets.

⚠️ Sector concentration: 42% in "Technology".

ℹ️ Tech-Capex Exposure: 44% in semiconductors & hardware – dependent on hyperscaler capex cycles.

⚠️ Elevated Regulatory & Policy Risk: 37% in heavily regulated industries (defense, regulated utilities, healthcare policy).