Emerging Markets
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Emerging Markets, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly
The earliest data available for this chart is Feb 9, 2012, corresponding to the inception date of SMIN
Returns By Period
As of Sep 17, 2024, the Emerging Markets returned 12.47% Year-To-Date and 7.57% of annualized return in the last 10 years.
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 18.10% | 1.42% | 9.39% | 26.58% | 13.42% | 10.88% |
| Emerging Markets | 12.47% | 1.81% | 10.41% | 21.94% | 13.99% | 7.57% |
| Portfolio components: | ||||||
EEMS iShares MSCI Emerging Markets Small-Cap ETF | 8.10% | 2.20% | 7.06% | 14.39% | 10.73% | 4.72% |
EDIV SPDR S&P Emerging Markets Dividend ETF | 15.67% | 2.61% | 10.97% | 25.34% | 7.93% | 3.66% |
EWZS iShares MSCI Brazil Small-Cap ETF | -12.24% | 1.09% | -7.49% | -5.20% | -2.54% | -0.31% |
DXJ WisdomTree Japan Hedged Equity Fund | 15.89% | -3.90% | -4.92% | 14.53% | 18.20% | 11.04% |
SMIN iShares MSCI India Small-Cap ETF | 23.94% | 5.53% | 27.79% | 36.76% | 22.18% | 11.09% |
EPI WisdomTree India Earnings Fund | 21.67% | 2.18% | 18.02% | 33.24% | 19.23% | 9.74% |
ILF iShares Latin American 40 ETF | -7.87% | -0.87% | -3.45% | 3.92% | 2.27% | 0.08% |
EWZ iShares MSCI Brazil ETF | -11.43% | -0.88% | -3.48% | -0.61% | -0.08% | -0.10% |
Monthly Returns
The table below presents the monthly returns of Emerging Markets, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.24% | 1.98% | 0.54% | 1.35% | 0.90% | 2.33% | 1.33% | 1.74% | 12.47% | ||||
| 2023 | 5.18% | -4.35% | 1.45% | 3.71% | 1.97% | 7.91% | 5.67% | -1.95% | -0.11% | -3.01% | 8.84% | 4.84% | 33.40% |
| 2022 | 2.22% | -2.94% | 4.27% | -4.45% | -1.69% | -8.53% | 4.97% | 1.57% | -5.48% | 3.26% | 5.02% | -3.96% | -6.71% |
| 2021 | -1.66% | 5.13% | 3.80% | 1.02% | 6.29% | 2.10% | -0.72% | 1.90% | -0.60% | -1.66% | -2.91% | 3.79% | 17.26% |
| 2020 | -3.19% | -7.79% | -27.25% | 9.28% | 3.80% | 7.46% | 6.62% | 3.42% | -0.34% | -1.26% | 14.56% | 8.57% | 6.84% |
| 2019 | 4.80% | -1.52% | 3.47% | -0.07% | -1.70% | 2.45% | -3.91% | -5.18% | 3.66% | 3.40% | -0.41% | 4.77% | 9.52% |
| 2018 | 5.49% | -4.57% | -1.22% | -0.16% | -6.19% | -4.94% | 5.93% | -3.16% | -4.78% | -3.13% | 4.90% | -1.47% | -13.42% |
| 2017 | 7.46% | 4.83% | 3.86% | 2.25% | -1.40% | 0.81% | 5.87% | 1.66% | -0.20% | 3.39% | 0.19% | 4.86% | 38.72% |
| 2016 | -5.88% | -5.10% | 15.65% | 2.12% | -2.91% | 5.59% | 6.24% | 1.15% | 1.05% | 3.15% | -6.59% | -0.01% | 13.14% |
| 2015 | 1.05% | 3.84% | -3.64% | 2.57% | -0.98% | -2.23% | -2.66% | -10.40% | -2.35% | 4.51% | -1.61% | -2.63% | -14.39% |
| 2014 | -8.94% | 3.91% | 8.02% | 1.68% | 7.37% | 4.53% | -0.25% | 2.87% | -5.23% | 1.93% | -0.12% | -4.74% | 10.02% |
| 2013 | 2.88% | -5.17% | -0.73% | 3.82% | -5.49% | -8.13% | -2.57% | -6.68% | 10.23% | 6.03% | 0.31% | 1.90% | -5.17% |
Expense Ratio
Emerging Markets features an expense ratio of 0.65%, falling within the medium range. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of Emerging Markets is 42, suggesting that the investment has average results relative to other portfolios in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. 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.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
EEMS iShares MSCI Emerging Markets Small-Cap ETF | 1.04 | 1.45 | 1.19 | 0.96 | 5.22 |
EDIV SPDR S&P Emerging Markets Dividend ETF | 2.06 | 2.92 | 1.37 | 2.21 | 11.75 |
EWZS iShares MSCI Brazil Small-Cap ETF | -0.24 | -0.18 | 0.98 | -0.15 | -0.53 |
DXJ WisdomTree Japan Hedged Equity Fund | 0.70 | 1.00 | 1.14 | 0.65 | 2.57 |
SMIN iShares MSCI India Small-Cap ETF | 2.07 | 2.46 | 1.39 | 3.39 | 13.70 |
EPI WisdomTree India Earnings Fund | 1.99 | 2.39 | 1.40 | 4.30 | 15.21 |
ILF iShares Latin American 40 ETF | 0.18 | 0.39 | 1.05 | 0.15 | 0.48 |
EWZ iShares MSCI Brazil ETF | -0.05 | 0.08 | 1.01 | -0.03 | -0.10 |
Dividends
Dividend yield
Emerging Markets granted a 2.05% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Emerging Markets | 2.05% | 2.38% | 4.51% | 3.43% | 1.80% | 2.32% | 2.53% | 1.83% | 2.41% | 2.91% | 3.13% | 2.22% |
| Portfolio components: | ||||||||||||
EEMS iShares MSCI Emerging Markets Small-Cap ETF | 2.38% | 2.69% | 0.89% | 3.56% | 2.14% | 2.64% | 3.06% | 2.47% | 2.51% | 2.33% | 2.67% | 2.15% |
EDIV SPDR S&P Emerging Markets Dividend ETF | 1.86% | 4.26% | 4.94% | 3.84% | 3.52% | 3.83% | 3.41% | 2.99% | 4.94% | 5.33% | 4.84% | 5.13% |
EWZS iShares MSCI Brazil Small-Cap ETF | 3.53% | 2.75% | 4.61% | 4.50% | 1.15% | 1.76% | 4.75% | 3.38% | 3.58% | 4.31% | 3.02% | 1.86% |
DXJ WisdomTree Japan Hedged Equity Fund | 2.42% | 3.44% | 3.02% | 2.64% | 2.53% | 2.47% | 2.92% | 2.30% | 1.98% | 5.95% | 11.61% | 2.44% |
SMIN iShares MSCI India Small-Cap ETF | 0.28% | 0.41% | 0.01% | 1.27% | 1.06% | 1.75% | 1.68% | 0.89% | 2.30% | 0.93% | 0.34% | 0.75% |
EPI WisdomTree India Earnings Fund | 0.00% | 0.15% | 6.01% | 1.18% | 0.78% | 1.17% | 1.18% | 0.85% | 1.05% | 1.20% | 1.02% | 0.75% |
ILF iShares Latin American 40 ETF | 5.84% | 4.61% | 12.72% | 8.47% | 1.88% | 3.09% | 3.12% | 1.80% | 1.59% | 3.24% | 2.31% | 3.30% |
EWZ iShares MSCI Brazil ETF | 7.12% | 5.66% | 12.59% | 9.87% | 1.71% | 2.54% | 2.89% | 1.71% | 1.81% | 4.07% | 3.77% | 3.22% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Emerging Markets. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Emerging Markets was 48.96%, occurring on Mar 23, 2020. Recovery took 225 trading sessions.
The current Emerging Markets drawdown is 0.87%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -48.96% | Jan 29, 2018 | 541 | Mar 23, 2020 | 225 | Feb 11, 2021 | 766 |
| -33.67% | Sep 8, 2014 | 361 | Feb 11, 2016 | 274 | Mar 15, 2017 | 635 |
| -24.96% | Jan 22, 2013 | 153 | Aug 28, 2013 | 180 | May 16, 2014 | 333 |
| -21.33% | Feb 22, 2012 | 71 | Jun 1, 2012 | 158 | Jan 18, 2013 | 229 |
| -18.42% | Apr 5, 2022 | 69 | Jul 14, 2022 | 231 | Jun 14, 2023 | 300 |
Volatility
Volatility Chart
The current Emerging Markets volatility is 3.42%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| DXJ | SMIN | EWZS | EPI | EWZ | EEMS | EDIV | ILF | |
|---|---|---|---|---|---|---|---|---|
| DXJ | 1.00 | 0.35 | 0.31 | 0.45 | 0.36 | 0.50 | 0.50 | 0.43 |
| SMIN | 0.35 | 1.00 | 0.34 | 0.81 | 0.37 | 0.59 | 0.48 | 0.41 |
| EWZS | 0.31 | 0.34 | 1.00 | 0.42 | 0.89 | 0.55 | 0.59 | 0.83 |
| EPI | 0.45 | 0.81 | 0.42 | 1.00 | 0.48 | 0.68 | 0.62 | 0.53 |
| EWZ | 0.36 | 0.37 | 0.89 | 0.48 | 1.00 | 0.59 | 0.67 | 0.95 |
| EEMS | 0.50 | 0.59 | 0.55 | 0.68 | 0.59 | 1.00 | 0.78 | 0.66 |
| EDIV | 0.50 | 0.48 | 0.59 | 0.62 | 0.67 | 0.78 | 1.00 | 0.73 |
| ILF | 0.43 | 0.41 | 0.83 | 0.53 | 0.95 | 0.66 | 0.73 | 1.00 |