EEFT vs. IEMG
EEFT (Euronet Worldwide, Inc.) is a stock, while IEMG (iShares Core MSCI Emerging Markets ETF) is Emerging Markets Equities fund tracking the MSCI Emerging Markets Investable Market Index (USD) (Net). Over the past 10 years, EEFT returned -0.56%/yr vs 8.84%/yr for IEMG. Their 0.41 correlation means their historical movements had little consistent relationship.
Performance
EEFT vs. IEMG - Performance Comparison
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Returns By Period
In the year-to-date period, EEFT achieves a -6.28% return, which is significantly lower than IEMG's 16.38% return. Over the past 10 years, EEFT has underperformed IEMG with an annualized return of -0.56%, while IEMG has yielded a comparatively higher 8.84% annualized return.
EEFT
- 1D
- -6.96%
- 1M
- -7.58%
- 6M
- -1.56%
- YTD
- -6.28%
- 1Y
- -24.04%
- 3Y*
- -6.63%
- 5Y*
- -12.96%
- 10Y*
- -0.56%
- ALL TIME*
- 5.48%
IEMG
- 1D
- 0.73%
- 1M
- -2.79%
- 6M
- 7.82%
- YTD
- 16.38%
- 1Y
- 32.88%
- 3Y*
- 18.00%
- 5Y*
- 7.26%
- 10Y*
- 8.84%
- ALL TIME*
- 6.11%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $66.42M | $54.69M | $50.99M | |
| $833.06M | $972.69M | $1.09B |
EEFT vs. IEMG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EEFT Euronet Worldwide, Inc. | -6.28% | -25.99% | 1.33% | 7.53% | -20.80% | -17.77% | -8.02% | 53.90% | 21.49% | 16.35% |
IEMG iShares Core MSCI Emerging Markets ETF | 16.38% | 32.56% | 6.50% | 11.52% | -19.98% | -0.64% | 17.87% | 17.81% | -14.92% | 37.38% |
Correlation
The correlation between EEFT and IEMG is 0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.02 |
Correlation (3Y) Balances recent behavior with more history. | 0.26 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.37 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.40 |
Correlation (All Time) Calculated using the full available price history since Oct 24, 2012 | 0.41 |
Over the past year, the correlation between EEFT and IEMG has dropped to 0.02 - well below their long-term average of 0.41, suggesting their price drivers have been diverging.
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Return for Risk
EEFT vs. IEMG — Risk / Return Rank
EEFT
IEMG
EEFT vs. IEMG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Euronet Worldwide, Inc. (EEFT) and iShares Core MSCI Emerging Markets ETF (IEMG). 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.
| EEFT | IEMG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.11 | ||
| Sortino ratioReturn per unit of downside risk | -2.78 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.26 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.76 | 2.33 | -3.09 |
| Martin ratioReturn relative to average drawdown | -1.13 | 7.16 | -8.29 |
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Drawdowns
EEFT vs. IEMG - Drawdown Comparison
The maximum EEFT drawdown since its inception was -87.91%, which is greater than IEMG's maximum drawdown of -38.71%. Use the drawdown chart below to compare losses from any high point for EEFT and IEMG.
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Drawdown Indicators
| EEFT | IEMG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.91% | -38.71% | -49.20% |
Max Drawdown (1Y)Largest decline over 1 year | -35.18% | -13.78% | -21.40% |
Max Drawdown (3Y)Largest decline over 3 years | -45.33% | -17.21% | -28.12% |
Max Drawdown (5Y)Largest decline over 5 years | -56.36% | -33.61% | -22.75% |
Max Drawdown (10Y)Largest decline over 10 years | -62.56% | -38.71% | -23.85% |
Current DrawdownCurrent decline from peak | -58.09% | -9.76% | -48.33% |
Average DrawdownAverage peak-to-trough decline | -34.02% | -12.89% | -21.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.54% | 4.47% | +19.07% |
Volatility
EEFT vs. IEMG - Volatility Comparison
Euronet Worldwide, Inc. (EEFT) has a higher volatility of 14.55% compared to iShares Core MSCI Emerging Markets ETF (IEMG) at 8.73%. This indicates that EEFT's price experiences larger fluctuations and is considered to be riskier than IEMG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EEFT | IEMG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.55% | 8.73% | +5.82% |
Volatility (6M)Calculated over the trailing 6-month period | 30.14% | 21.74% | +8.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.31% | 23.71% | +11.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.54% | 19.27% | +16.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.39% | 20.32% | +16.07% |
Dividends
EEFT vs. IEMG - Dividend Comparison
EEFT has not paid dividends to shareholders, while IEMG's dividend yield for the trailing twelve months is around 2.32%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EEFT Euronet Worldwide, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IEMG iShares Core MSCI Emerging Markets ETF | 2.32% | 2.75% | 3.20% | 2.89% | 2.71% | 3.06% | 1.87% | 3.15% | 2.76% | 2.35% | 2.28% | 2.53% |
Frequently Asked Questions
EEFT and IEMG have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EEFT has higher volatility (14.55%) compared to IEMG (8.73%). In terms of maximum drawdown, EEFT dropped -87.91% vs IEMG's -38.71%.
IEMG currently has the higher Sharpe Ratio (1.35 vs -0.76), 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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