EEFT vs. IEMG
EEFT (Euronet Worldwide, Inc.) is a stock, while IEMG (iShares Core MSCI Emerging Markets ETF) is Emerging Markets Diversified fund tracking the MSCI Emerging Markets Investable Market Index (USD) (Net). Over the past 10 years, EEFT returned 0.69%/yr vs 9.53%/yr for IEMG. At a 0.41 correlation, their price movements are largely independent.
Performance
EEFT vs. IEMG - Performance Comparison
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Returns By Period
In the year-to-date period, EEFT achieves a 1.55% return, which is significantly lower than IEMG's 21.95% return. Over the past 10 years, EEFT has underperformed IEMG with an annualized return of 0.69%, while IEMG has yielded a comparatively higher 9.53% annualized return.
EEFT
- 1D
- 0.77%
- 1M
- 15.95%
- 6M
- 2.63%
- YTD
- 1.55%
- 1Y
- -24.75%
- 3Y*
- -12.57%
- 5Y*
- -11.06%
- 10Y*
- 0.69%
IEMG
- 1D
- 0.37%
- 1M
- -0.72%
- 6M
- 17.04%
- YTD
- 21.95%
- 1Y
- 38.86%
- 3Y*
- 21.36%
- 5Y*
- 7.57%
- 10Y*
- 9.53%
EEFT vs. IEMG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EEFT Euronet Worldwide, Inc. | 1.55% | -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 | 21.95% | 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 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
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 0.10 - 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 | -2.55 | ||
| Sortino ratioReturn per unit of downside risk | -3.34 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.33 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | -0.70 | 2.92 | -3.63 |
| Martin ratioReturn relative to average drawdown | -1.00 | 10.12 | -11.12 |
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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 | -40.00% | -13.21% | -26.79% |
Max Drawdown (3Y)Largest decline over 3 years | -46.52% | -17.21% | -29.31% |
Max Drawdown (5Y)Largest decline over 5 years | -56.36% | -34.19% | -22.17% |
Max Drawdown (10Y)Largest decline over 10 years | -62.56% | -38.71% | -23.85% |
Current DrawdownCurrent decline from peak | -54.59% | -5.44% | -49.15% |
Average DrawdownAverage peak-to-trough decline | -33.98% | -12.91% | -21.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.86% | 3.81% | +25.05% |
Volatility
EEFT vs. IEMG - Volatility Comparison
Euronet Worldwide, Inc. (EEFT) and iShares Core MSCI Emerging Markets ETF (IEMG) have volatilities of 10.32% and 10.37%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. 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 | 10.32% | 10.37% | -0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 27.78% | 20.61% | +7.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.71% | 22.55% | +11.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.22% | 19.07% | +16.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.25% | 20.19% | +16.06% |
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 2.21%.
| 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 | 2.21% | 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 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IEMG has higher volatility (10.37%) compared to EEFT (10.32%). In terms of maximum drawdown, EEFT dropped -87.91% vs IEMG's -38.71%.
IEMG currently has the higher Sharpe Ratio (1.71 vs -0.83), 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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