AHKSY vs. EEM
AHKSY (Asahi Kaisei Corp) is a stock, while EEM (iShares MSCI Emerging Markets ETF) is Emerging Markets Diversified fund tracking the MSCI Emerging Markets Index (Net). Over the past 10 years, AHKSY returned 6.02%/yr vs 9.88%/yr for EEM. At a 0.38 correlation, their price movements are largely independent.
Performance
AHKSY vs. EEM - Performance Comparison
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Returns By Period
In the year-to-date period, AHKSY achieves a 25.13% return, which is significantly higher than EEM's 23.56% return. Over the past 10 years, AHKSY has underperformed EEM with an annualized return of 6.02%, while EEM has yielded a comparatively higher 9.88% annualized return.
AHKSY
- 1D
- 0.59%
- 1M
- 2.36%
- YTD
- 25.13%
- 6M
- 25.80%
- 1Y
- 64.24%
- 3Y*
- 20.36%
- 5Y*
- 1.01%
- 10Y*
- 6.02%
EEM
- 1D
- 0.12%
- 1M
- 2.61%
- YTD
- 23.56%
- 6M
- 24.22%
- 1Y
- 43.09%
- 3Y*
- 22.63%
- 5Y*
- 6.39%
- 10Y*
- 9.88%
AHKSY vs. EEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AHKSY Asahi Kaisei Corp | 25.13% | 31.38% | -6.36% | 6.93% | -24.48% | -8.93% | -8.46% | 9.79% | -20.61% | 50.86% |
EEM iShares MSCI Emerging Markets ETF | 23.56% | 33.98% | 6.49% | 8.95% | -20.56% | -3.63% | 17.02% | 18.22% | -15.31% | 37.26% |
Correlation
The correlation between AHKSY and EEM is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Jul 13, 2007 | 0.38 |
The correlation between AHKSY and EEM shifts across timeframes, from 0.21 (1 year) to 0.38 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
AHKSY vs. EEM — Risk / Return Rank
AHKSY
EEM
AHKSY vs. EEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Asahi Kaisei Corp (AHKSY) and iShares MSCI Emerging Markets ETF (EEM). 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.
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.
| AHKSY | EEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.37 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.18 | 3.20 | -0.02 |
| Martin ratioReturn relative to average drawdown | 7.61 | 11.68 | -4.07 |
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Drawdowns
AHKSY vs. EEM - Drawdown Comparison
The maximum AHKSY drawdown since its inception was -86.30%, which is greater than EEM's maximum drawdown of -66.43%. Use the drawdown chart below to compare losses from any high point for AHKSY and EEM.
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Drawdown Indicators
| AHKSY | EEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.30% | -66.43% | -19.87% |
Max Drawdown (1Y)Largest decline over 1 year | -20.28% | -13.52% | -6.76% |
Max Drawdown (3Y)Largest decline over 3 years | -20.28% | -17.29% | -2.99% |
Max Drawdown (5Y)Largest decline over 5 years | -46.91% | -37.49% | -9.42% |
Max Drawdown (10Y)Largest decline over 10 years | -64.71% | -39.82% | -24.89% |
Current DrawdownCurrent decline from peak | -64.29% | -5.56% | -58.73% |
Average DrawdownAverage peak-to-trough decline | -67.62% | -15.99% | -51.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.47% | 3.70% | +4.77% |
Volatility
AHKSY vs. EEM - Volatility Comparison
The current volatility for Asahi Kaisei Corp (AHKSY) is 8.15%, while iShares MSCI Emerging Markets ETF (EEM) has a volatility of 12.59%. This indicates that AHKSY experiences smaller price fluctuations and is considered to be less risky than EEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AHKSY | EEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.15% | 12.59% | -4.44% |
Volatility (6M)Calculated over the trailing 6-month period | 23.93% | 20.71% | +3.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.66% | 22.76% | +7.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.66% | 19.55% | +6.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.08% | 20.67% | +7.41% |
Dividends
AHKSY vs. EEM - Dividend Comparison
AHKSY has not paid dividends to shareholders, while EEM's dividend yield for the trailing twelve months is around 1.66%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AHKSY Asahi Kaisei Corp | 0.00% | 1.58% | 1.75% | 1.73% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.99% | 2.07% | 2.39% |
EEM iShares MSCI Emerging Markets ETF | 1.66% | 2.22% | 2.43% | 2.63% | 2.50% | 1.99% | 1.45% | 2.76% | 2.24% | 1.89% | 1.89% | 2.49% |
Frequently Asked Questions
AHKSY and EEM have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EEM has higher volatility (12.59%) compared to AHKSY (8.15%). In terms of maximum drawdown, AHKSY dropped -86.30% vs EEM's -66.43%.
AHKSY currently has the higher Sharpe Ratio (2.11 vs 1.91), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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