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EEMA vs. EET
Performance
Return for Risk
Dividends
Drawdowns
Volatility

EEMA vs. EET

Last updated Apr 1, 2026

Compare and contrast key facts about iShares MSCI Emerging Markets Asia ETF (EEMA) and ProShares Ultra MSCI Emerging Markets (EET).

EEMA and EET are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EEMA is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Asia Index. It was launched on Feb 8, 2012. EET is a passively managed fund by ProShares that tracks the performance of the MSCI Emerging Markets Index (200%). It was launched on Jun 2, 2009. Both EEMA and EET 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

EEMA vs. EET - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Emerging Markets Asia ETF (EEMA) and ProShares Ultra MSCI Emerging Markets (EET). The values are adjusted to include any dividend payments, if applicable.

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EEMA vs. EET - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
EEMA
iShares MSCI Emerging Markets Asia ETF		1.82%33.27%10.23%6.57%-21.49%-4.22%25.17%18.60%-15.76%43.41%
EET
ProShares Ultra MSCI Emerging Markets		4.32%63.14%2.88%7.06%-43.07%-10.93%18.92%31.87%-33.84%82.41%

Returns By Period

In the year-to-date period, EEMA achieves a 1.82% return, which is significantly lower than EET's 4.32% return. Over the past 10 years, EEMA has outperformed EET with an annualized return of 8.32%, while EET has yielded a comparatively lower 6.49% annualized return.

EEMA

1D
3.56%
1M
-10.12%
YTD
1.82%
6M
5.73%
1Y
31.27%
3Y*
14.95%
5Y*
2.85%
10Y*
8.32%

EET

1D
7.49%
1M
-18.78%
YTD
4.32%
6M
10.24%
1Y
59.33%
3Y*
21.28%
5Y*
-2.38%
10Y*
6.49%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares MSCI Emerging Markets Asia ETF

ProShares Ultra MSCI Emerging Markets

Often compared with EEMA:
EEMA vs. AIAEEMA vs. GMFEEMA vs. VFEM.LEEMA vs. VAPX.ASEEMA vs. MATFXEEMA vs. GXCEEMA vs. MCHI
Often compared with EET:
EET vs. EFOEET vs. EDCEET vs. XPPEET vs. EEMEET vs. QQQEET vs. VWOEET vs. VOO

EEMA vs. EET - Expense Ratio Comparison

EEMA has a 0.50% expense ratio, which is lower than EET's 0.95% expense ratio.

EET
ProShares Ultra MSCI Emerging Markets
EEMA
iShares MSCI Emerging Markets Asia ETF

Return for Risk

EEMA vs. EET — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EEMA
EEMA Risk / Return Rank: 8080
Overall Rank
EEMA Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
EEMA Sortino Ratio Rank: 8181
Sortino Ratio Rank
EEMA Omega Ratio Rank: 7979
Omega Ratio Rank
EEMA Calmar Ratio Rank: 8181
Calmar Ratio Rank
EEMA Martin Ratio Rank: 8080
Martin Ratio Rank
EET
EET Risk / Return Rank: 7979
Overall Rank
EET Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
EET Sortino Ratio Rank: 7979
Sortino Ratio Rank
EET Omega Ratio Rank: 7777
Omega Ratio Rank
EET Calmar Ratio Rank: 8181
Calmar Ratio Rank
EET Martin Ratio Rank: 7979
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EEMA vs. EET - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Emerging Markets Asia ETF (EEMA) and ProShares Ultra MSCI Emerging Markets (EET). 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.

EEMAEETDifference

Sharpe ratio

Return per unit of total volatility

1.47

1.48

-0.01

Sortino ratio

Return per unit of downside risk

2.07

1.99

+0.08

Omega ratio

Gain probability vs. loss probability

1.30

1.29

+0.01

Calmar ratio

Return relative to maximum drawdown

2.19

2.23

-0.04

Martin ratio

Return relative to average drawdown

8.36

8.31

+0.05

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EEMA vs. EET - Sharpe Ratio Comparison

The current EEMA Sharpe Ratio is 1.47, which is comparable to the EET Sharpe Ratio of 1.48. The chart below compares the historical Sharpe Ratios of EEMA and EET, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

EEMAEETDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.47

1.48

-0.01

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.14

-0.06

+0.21

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.40

0.16

+0.24

Sharpe Ratio (All Time)

Calculated using the full available price history

0.29

0.07

+0.23

Correlation

The correlation between EEMA and EET is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

EEMA vs. EET - Dividend Comparison

EEMA's dividend yield for the trailing twelve months is around 1.45%, less than EET's 1.81% yield.

TTM20252024202320222021202020192018201720162015
EEMA
iShares MSCI Emerging Markets Asia ETF		1.45%1.48%1.74%2.02%1.78%2.19%1.15%1.86%2.17%1.74%1.74%2.44%
EET
ProShares Ultra MSCI Emerging Markets		1.81%1.82%3.85%2.14%0.00%0.00%0.01%1.40%0.16%0.00%0.00%0.00%

Drawdowns

EEMA vs. EET - Drawdown Comparison

The maximum EEMA drawdown since its inception was -44.18%, smaller than the maximum EET drawdown of -71.66%. Use the drawdown chart below to compare losses from any high point for EEMA and EET.

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Drawdown Indicators

EEMAEETDifference

Max Drawdown

Largest peak-to-trough decline

-44.18%

-71.66%

+27.48%

Max Drawdown (1Y)

Largest decline over 1 year

-14.30%

-26.38%

+12.08%

Max Drawdown (5Y)

Largest decline over 5 years

-40.87%

-64.98%

+24.11%

Max Drawdown (10Y)

Largest decline over 10 years

-44.18%

-69.07%

+24.89%

Current Drawdown

Current decline from peak

-11.25%

-24.01%

+12.76%

Average Drawdown

Average peak-to-trough decline

-14.12%

-37.58%

+23.46%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.75%

7.08%

-3.33%

Volatility

EEMA vs. EET - Volatility Comparison

The current volatility for iShares MSCI Emerging Markets Asia ETF (EEMA) is 10.20%, while ProShares Ultra MSCI Emerging Markets (EET) has a volatility of 21.60%. This indicates that EEMA experiences smaller price fluctuations and is considered to be less risky than EET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

EEMAEETDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.20%

21.60%

-11.40%

Volatility (6M)

Calculated over the trailing 6-month period

15.24%

30.38%

-15.14%

Volatility (1Y)

Calculated over the trailing 1-year period

21.30%

40.28%

-18.98%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.94%

36.90%

-16.96%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.65%

40.27%

-19.62%