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ISIN
US4642872349
CUSIP
464287234
Issuer
iShares
Inception Date
Apr 7, 2003
Region
Emerging Markets (Broad)
Leveraged
1x (No leverage)
Index Tracked
MSCI Emerging Markets Index (Net)
Domicile
United States
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend
Assets Under Management
$30B

Share Price Chart


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Performance

EEM Performance Chart

iShares MSCI Emerging Markets ETF (EEM) is up 30.1% since the beginning of the year. EEM is currently trading at $71 per share. Investors who bought $1,000 worth of EEM shares 5 years ago would now be looking at an investment worth $1,468.


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S&P 500 Index

Returns By Period

iShares MSCI Emerging Markets ETF (EEM) has returned 30.06% so far this year and 54.89% over the past 12 months. Over the last ten years, EEM has returned 10.13% per year, falling short of the S&P 500 Index benchmark, which averaged 13.54% annually.


iShares MSCI Emerging Markets ETF

1D
3.25%
1M
8.70%
YTD
30.06%
6M
32.46%
1Y
54.89%
3Y*
22.98%
5Y*
7.98%
10Y*
10.13%

Benchmark (S&P 500 Index)

1D
0.00%
1M
-0.17%
YTD
8.39%
6M
8.57%
1Y
24.06%
3Y*
18.94%
5Y*
12.24%
10Y*
13.54%
*Multi-year figures are annualized to reflect compound growth (CAGR)

EEM Monthly Returns History

Based on dividend-adjusted daily data since Apr 14, 2003, EEM's average daily return is +0.05%, while the average monthly return is +1.01%. At this rate, an investment would double in approximately 5.7 years.

Historically, 57% of months were positive and 43% were negative. The best month was Mar 2009 with a return of +16.9%, while the worst month was Oct 2008 at -25.6%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.

On a daily basis, EEM closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +22.8%, while the worst single day was Oct 15, 2008 at -16.2%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20268.02%5.89%-9.25%12.68%7.20%3.73%30.06%
20252.15%1.15%1.13%0.14%4.02%7.00%0.66%2.68%7.10%3.56%-1.77%2.16%33.98%
2024-4.53%4.17%2.73%-0.22%1.95%2.62%0.85%0.98%5.74%-3.07%-2.68%-1.70%6.49%
20239.13%-7.57%3.22%-0.84%-2.40%4.40%6.04%-6.63%-3.11%-3.29%7.79%3.57%8.95%
2022-0.02%-4.32%-3.38%-6.14%0.61%-5.16%-0.35%-1.33%-11.54%-1.98%15.59%-2.64%-20.56%
20213.17%0.79%-0.73%1.20%1.65%0.95%-6.44%1.57%-3.87%1.07%-4.08%1.51%-3.63%

Benchmark Metrics

iShares MSCI Emerging Markets ETF has an annualized alpha of 0.54%, beta of 1.18, and R2 of 0.66 versus S&P 500 Index. Calculated based on daily prices since April 14, 2003.

  • This ETF captured 108.49% of S&P 500 Index gains and 105.55% of its losses - amplifying both gains and losses, but participating more in upside than downside.

Alpha
0.54%
Beta
1.18
0.66
Upside Capture
108.49%
Downside Capture
105.55%

Expense Ratio

EEM has an expense ratio of 0.72%, placing it in the medium range.


Return for Risk

Risk / Return Rank

EEM ranks 80 for risk / return — better than 80% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


EEM Risk / Return Rank: 8080
Overall Rank
EEM Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
EEM Sortino Ratio Rank: 7474
Sortino Ratio Rank
EEM Omega Ratio Rank: 8282
Omega Ratio Rank
EEM Calmar Ratio Rank: 8181
Calmar Ratio Rank
EEM Martin Ratio Rank: 7979
Martin Ratio Rank
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.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for iShares MSCI Emerging Markets ETF (EEM) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


EEMBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.56

Sortino ratioReturn per unit of downside risk

+0.55

Omega ratioGain probability vs. loss probability

1.47

1.35

+0.11

Calmar ratioReturn relative to maximum drawdown

4.08

2.66

+1.42

Martin ratioReturn relative to average drawdown

15.02

11.86

+3.16

Dividends

Dividend History

iShares MSCI Emerging Markets ETF provided a 1.57% dividend yield over the last twelve months, with an annual payout of $1.11 per share.


1.40%1.60%1.80%2.00%2.20%2.40%2.60%2.80%$0.00$0.20$0.40$0.60$0.80$1.00$1.2020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$1.11$1.21$1.02$1.06$0.95$0.97$0.75$1.24$0.87$0.89$0.66$0.80

Dividend yield

1.57%2.22%2.43%2.63%2.50%1.99%1.45%2.76%2.24%1.89%1.89%2.49%

Monthly Dividends

The table displays the monthly dividend distributions for iShares MSCI Emerging Markets ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00$0.35$0.35
2025$0.00$0.00$0.00$0.00$0.00$0.45$0.00$0.00$0.00$0.00$0.00$0.76$1.21
2024$0.00$0.00$0.00$0.00$0.00$0.29$0.00$0.00$0.00$0.00$0.00$0.73$1.02
2023$0.00$0.00$0.00$0.00$0.00$0.31$0.00$0.00$0.00$0.00$0.00$0.75$1.06
2022$0.00$0.00$0.00$0.00$0.00$0.36$0.00$0.00$0.00$0.00$0.00$0.58$0.95
2021$0.00$0.00$0.00$0.00$0.00$0.24$0.00$0.00$0.00$0.00$0.00$0.73$0.97

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the iShares MSCI Emerging Markets ETF. 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 iShares MSCI Emerging Markets ETF was 66.43%, occurring on Nov 20, 2008. Recovery took 2220 trading sessions.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-66.43%Nov 2008
1y 20d8y 10mo
9y 10moNov 2007 - Sep 2017
Bear market2022
-39.82%Oct 2022
1y 8mo2y 10mo
4y 7moFeb 2021 - Sep 2025
COVID crash2020
-38.20%Mar 2020
2y 1mo8mo 6d
2y 10moJan 2018 - Nov 2020
2006 bear market2006
-26.24%Jun 2006
1mo 4d5mo 24d
6mo 28dMay 2006 - Dec 2006
2004 bear market2004
-21.38%May 2004
1mo 4d5mo 21d
6mo 25dApr 2004 - Nov 2004

Drawdown Indicators


EEMBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-66.43%

-56.78%

-9.65%

Max Drawdown (1Y)

Largest decline over 1 year

-13.52%

-9.10%

-4.42%

Max Drawdown (3Y)

Largest decline over 3 years

-17.29%

-18.90%

+1.61%

Max Drawdown (5Y)

Largest decline over 5 years

-37.49%

-25.43%

-12.06%

Max Drawdown (10Y)

Largest decline over 10 years

-39.82%

-33.92%

-5.90%

Current Drawdown

Current decline from peak

0.00%

-2.49%

+2.49%

Average Drawdown

Average peak-to-trough decline

-15.99%

-10.72%

-5.27%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.67%

2.03%

+1.64%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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