BREE vs. EEMS
BREE (MFS Blended Research Emerging Markets Equity ETF) and EEMS (iShares MSCI Emerging Markets Small-Cap ETF) are both Emerging Markets Diversified funds. BREE is actively managed, while EEMS is passively managed. Their correlation of 0.89 suggests significant overlap in exposure. BREE charges 0.44%/yr vs 0.73%/yr for EEMS.
Performance
BREE vs. EEMS - Performance Comparison
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Returns By Period
BREE
- 1D
- 0.17%
- 1M
- 4.06%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EEMS
- 1D
- 0.27%
- 1M
- -1.84%
- YTD
- 11.79%
- 6M
- 12.63%
- 1Y
- 21.39%
- 3Y*
- 15.56%
- 5Y*
- 6.36%
- 10Y*
- 9.35%
BREE vs. EEMS - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
BREE MFS Blended Research Emerging Markets Equity ETF | 9.63% |
EEMS iShares MSCI Emerging Markets Small-Cap ETF | 6.98% |
Correlation
The correlation between BREE and EEMS is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Mar 5, 2026 | 0.89 |
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Return for Risk
BREE vs. EEMS — Risk / Return Rank
BREE
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EEMS
BREE vs. EEMS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Blended Research Emerging Markets Equity ETF (BREE) and iShares MSCI Emerging Markets Small-Cap ETF (EEMS). 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.
| BREE | EEMS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.22 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.98 | — |
| Martin ratioReturn relative to average drawdown | — | 6.60 | — |
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Drawdowns
BREE vs. EEMS - Drawdown Comparison
The maximum BREE drawdown since its inception was -12.31%, smaller than the maximum EEMS drawdown of -48.89%. Use the drawdown chart below to compare losses from any high point for BREE and EEMS.
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Drawdown Indicators
| BREE | EEMS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.31% | -48.89% | +36.58% |
Max Drawdown (1Y)Largest decline over 1 year | — | -10.87% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.71% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -27.07% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -48.89% | — |
Current DrawdownCurrent decline from peak | -5.12% | -4.83% | -0.29% |
Average DrawdownAverage peak-to-trough decline | -3.78% | -10.48% | +6.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.25% | — |
Volatility
BREE vs. EEMS - Volatility Comparison
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Volatility by Period
| BREE | EEMS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 9.73% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 17.17% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 33.31% | 19.08% | +14.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.31% | 16.49% | +16.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.31% | 18.12% | +15.19% |
BREE vs. EEMS - Expense Ratio Comparison
BREE has a 0.44% expense ratio, which is lower than EEMS's 0.73% expense ratio.
Dividends
BREE vs. EEMS - Dividend Comparison
BREE has not paid dividends to shareholders, while EEMS's dividend yield for the trailing twelve months is around 2.85%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BREE MFS Blended Research Emerging Markets Equity ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EEMS iShares MSCI Emerging Markets Small-Cap ETF | 2.85% | 3.09% | 2.60% | 2.69% | 0.89% | 3.56% | 2.14% | 2.64% | 3.06% | 2.47% | 2.51% | 2.33% |
Frequently Asked Questions
BREE and EEMS have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BREE is cheaper at 0.44% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BREE is cheaper with a 0.44% expense ratio, compared with 0.73% for EEMS.
EEMS has the higher dividend yield at 2.85%, compared with 0.00% for BREE.
They also come from different issuers: MFS and iShares. Their fees differ too: 0.44% for BREE and 0.73% for EEMS.
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