EMVL.L - Risk

Risk & Diversification Scores

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

Volatility Risk Score

6/7 High

6 / 7 SRI PRIIPs Risk Class

Very high volatility or fundamental risks. Significant loss potential; strictly for aggressive investors.

Volatility (5Y)

20.9% p.a.

5-Year Horizon

Max Drawdown (5Y)

-31.6%

Deepest Drawdown

Sharpe Ratio

0.75

Good (0.5 - 1.0)

Rec. Holding Period

10+ Years

Investment Horizon

Speculative / High Risk: 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

47.6%

Focused

Effective Holdings

~41

of 157 holdings

Top Sector

48.7%

Technology

Top Region / Country

25.5%

South Korea

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

Multi-Horizon Risk & Performance Matrix

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	—	—	—	+53.3%
3 Years	20.4%	-16.4%	1.71	+37.2%
5 Years	20.9%	-31.6%	0.75	+18.1%
10 Years	21.4%	-35.0%	0.59	—

Notes & Warnings

🟢 Favorable / fair valuation: Avg P/E of 10.3

🟢 Established large fund (> 500M € AUM)

🟡 Moderate analyst coverage (18.9 analysts)

⚠️ Elevated top 10 holdings concentration: 48% of fund in top 10 positions.

⚠️ Elevated emerging markets risk: 97% Emerging Markets.

⚠️ Sector concentration: 49% in "Technology".

⚠️ Growth estimates are concentrated: Top 3 growth drivers account for 58% of forward growth.

⚠️ Elevated Commodity Sensitivity: 17% of fund depends directly on energy and raw material prices (oil, metals, basic materials).

⚠️ Elevated Economic Cyclicality: 57% in cyclical industries – more vulnerable to economic downturns.

ℹ️ Tech-Capex Exposure: 49% in semiconductors & hardware – dependent on hyperscaler capex cycles.