EEMV vs. EEM
Compare and contrast key facts about iShares MSCI Emerging Markets Min Vol Factor ETF (EEMV) and iShares MSCI Emerging Markets ETF (EEM).
EEMV and EEM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EEMV is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Minimum Volatility Index. It was launched on Oct 18, 2011. 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. Both EEMV and EEM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EEMV or EEM.
Key characteristics
| EEMV | EEM | |
|---|---|---|
| YTD Return | 10.13% | 11.81% |
| 1Y Return | 17.88% | 20.30% |
| 3Y Return (Ann) | 0.65% | -2.15% |
| 5Y Return (Ann) | 2.90% | 2.75% |
| 10Y Return (Ann) | 2.69% | 3.01% |
| Sharpe Ratio | 1.77 | 1.22 |
| Sortino Ratio | 2.55 | 1.79 |
| Omega Ratio | 1.32 | 1.22 |
| Calmar Ratio | 1.11 | 0.62 |
| Martin Ratio | 10.47 | 6.41 |
| Ulcer Index | 1.62% | 2.99% |
| Daily Std Dev | 9.57% | 15.67% |
| Max Drawdown | -31.56% | -66.44% |
| Current Drawdown | -4.34% | -16.87% |
Correlation
The correlation between EEMV and EEM is 0.94, 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.
Performance
EEMV vs. EEM - Performance Comparison
In the year-to-date period, EEMV achieves a 10.13% return, which is significantly lower than EEM's 11.81% return. Over the past 10 years, EEMV has underperformed EEM with an annualized return of 2.69%, while EEM has yielded a comparatively higher 3.01% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EEMV vs. EEM - Expense Ratio Comparison
EEMV has a 0.25% expense ratio, which is lower than EEM's 0.68% expense ratio.
Risk-Adjusted Performance
EEMV vs. EEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Emerging Markets Min Vol Factor ETF (EEMV) and iShares MSCI Emerging Markets ETF (EEM). 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.
Dividends
EEMV vs. EEM - Dividend Comparison
EEMV's dividend yield for the trailing twelve months is around 2.79%, more than EEM's 2.32% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF | 2.79% | 2.75% | 1.93% | 2.14% | 2.45% | 2.63% | 2.46% | 2.34% | 2.79% | 2.55% | 2.71% | 2.51% |
EEM iShares MSCI Emerging Markets ETF | 2.32% | 2.63% | 2.50% | 1.99% | 1.45% | 2.76% | 2.24% | 1.89% | 1.89% | 2.49% | 2.23% | 2.06% |
Drawdowns
EEMV vs. EEM - Drawdown Comparison
The maximum EEMV drawdown since its inception was -31.56%, smaller than the maximum EEM drawdown of -66.44%. Use the drawdown chart below to compare losses from any high point for EEMV and EEM. For additional features, visit the drawdowns tool.
Volatility
EEMV vs. EEM - Volatility Comparison
The current volatility for iShares MSCI Emerging Markets Min Vol Factor ETF (EEMV) is 3.06%, while iShares MSCI Emerging Markets ETF (EEM) has a volatility of 4.99%. This indicates that EEMV experiences smaller price fluctuations and is considered to be less risky than EEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.