EEM vs. DGRO
Compare and contrast key facts about iShares MSCI Emerging Markets ETF (EEM) and iShares Core Dividend Growth ETF (DGRO).
EEM and DGRO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EEM is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Index. It was launched on Apr 11, 2003. DGRO is a passively managed fund by iShares that tracks the performance of the Morningstar US Dividend Growth Index. It was launched on Jun 10, 2014. Both EEM and DGRO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
EEM vs. DGRO - Performance Comparison
Loading graphics...
EEM vs. DGRO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EEM iShares MSCI Emerging Markets ETF | 4.61% | 33.98% | 6.49% | 8.95% | -20.56% | -3.63% | 17.02% | 18.22% | -15.31% | 37.26% |
DGRO iShares Core Dividend Growth ETF | 1.60% | 15.69% | 16.62% | 10.47% | -7.91% | 26.64% | 9.50% | 29.87% | -2.38% | 23.00% |
Returns By Period
In the year-to-date period, EEM achieves a 4.61% return, which is significantly higher than DGRO's 1.60% return. Over the past 10 years, EEM has underperformed DGRO with an annualized return of 7.66%, while DGRO has yielded a comparatively higher 12.81% annualized return.
EEM
- 1D
- 0.77%
- 1M
- -6.94%
- YTD
- 4.61%
- 6M
- 7.86%
- 1Y
- 33.69%
- 3Y*
- 16.02%
- 5Y*
- 3.61%
- 10Y*
- 7.66%
DGRO
- 1D
- 0.03%
- 1M
- -4.46%
- YTD
- 1.60%
- 6M
- 3.88%
- 1Y
- 16.44%
- 3Y*
- 14.60%
- 5Y*
- 10.14%
- 10Y*
- 12.81%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
EEM vs. DGRO - Expense Ratio Comparison
EEM has a 0.72% expense ratio, which is higher than DGRO's 0.08% expense ratio.
Return for Risk
EEM vs. DGRO — Risk / Return Rank
EEM
DGRO
EEM vs. DGRO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Emerging Markets ETF (EEM) and iShares Core Dividend Growth ETF (DGRO). 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.
| EEM | DGRO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.67 | 1.14 | +0.53 |
Sortino ratioReturn per unit of downside risk | 2.26 | 1.66 | +0.60 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.25 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 2.52 | 1.48 | +1.05 |
Martin ratioReturn relative to average drawdown | 9.62 | 6.80 | +2.82 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| EEM | DGRO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.67 | 1.14 | +0.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.20 | 0.74 | -0.54 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | 0.77 | -0.39 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.73 | -0.38 |
Correlation
The correlation between EEM and DGRO is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
EEM vs. DGRO - Dividend Comparison
EEM's dividend yield for the trailing twelve months is around 2.12%, which matches DGRO's 2.10% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EEM iShares MSCI Emerging Markets ETF | 2.12% | 2.22% | 2.43% | 2.63% | 2.50% | 1.99% | 1.45% | 2.76% | 2.24% | 1.89% | 1.89% | 2.49% |
DGRO iShares Core Dividend Growth ETF | 2.10% | 2.09% | 2.26% | 2.45% | 2.34% | 1.93% | 2.30% | 2.21% | 2.44% | 2.03% | 2.27% | 2.52% |
Drawdowns
EEM vs. DGRO - Drawdown Comparison
The maximum EEM drawdown since its inception was -66.43%, which is greater than DGRO's maximum drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for EEM and DGRO.
Loading graphics...
Drawdown Indicators
| EEM | DGRO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.43% | -35.10% | -31.33% |
Max Drawdown (1Y)Largest decline over 1 year | -13.52% | -10.92% | -2.60% |
Max Drawdown (5Y)Largest decline over 5 years | -37.82% | -19.31% | -18.51% |
Max Drawdown (10Y)Largest decline over 10 years | -39.82% | -35.10% | -4.72% |
Current DrawdownCurrent decline from peak | -9.60% | -4.70% | -4.90% |
Average DrawdownAverage peak-to-trough decline | -16.12% | -3.48% | -12.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.55% | 2.37% | +1.18% |
Volatility
EEM vs. DGRO - Volatility Comparison
iShares MSCI Emerging Markets ETF (EEM) has a higher volatility of 9.51% compared to iShares Core Dividend Growth ETF (DGRO) at 3.57%. This indicates that EEM's price experiences larger fluctuations and is considered to be riskier than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| EEM | DGRO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.51% | 3.57% | +5.94% |
Volatility (6M)Calculated over the trailing 6-month period | 15.13% | 7.21% | +7.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.24% | 14.47% | +5.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.43% | 13.84% | +4.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.32% | 16.63% | +3.69% |