EEMV vs. EVLU
EEMV (iShares MSCI Emerging Markets Min Vol Factor ETF) and EVLU (iShares MSCI Emerging Markets Value Factor ETF) are both Emerging Markets Equities funds from iShares - EEMV tracks the MSCI Emerging Markets Minimum Volatility Index while EVLU tracks the MSCI Emerging Markets Value Factor Select Index (Net). Both are passively managed. Over the past year, EEMV returned 17.56% vs 49.87% for EVLU. Their correlation of 0.88 suggests significant overlap in exposure. EEMV charges 0.25%/yr vs 0.35%/yr for EVLU.
Performance
EEMV vs. EVLU - Performance Comparison
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Returns By Period
In the year-to-date period, EEMV achieves a 13.53% return, which is significantly lower than EVLU's 25.92% return.
EEMV
- 1D
- -2.96%
- 1M
- -3.04%
- 6M
- 9.81%
- YTD
- 13.53%
- 1Y
- 17.56%
- 3Y*
- 11.90%
- 5Y*
- 5.30%
- 10Y*
- 5.83%
EVLU
- 1D
- -2.37%
- 1M
- -3.50%
- 6M
- 20.72%
- YTD
- 25.92%
- 1Y
- 49.87%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EEMV vs. EVLU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF | 13.53% | 13.45% | -0.74% |
EVLU iShares MSCI Emerging Markets Value Factor ETF | 25.92% | 38.54% | 1.21% |
Correlation
The correlation between EEMV and EVLU is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.88 |
Correlation (All Time) Calculated using the full available price history since Sep 6, 2024 | 0.88 |
The correlation between EEMV and EVLU has been stable across timeframes, ranging from 0.88 to 0.88 - a consistent structural relationship.
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Return for Risk
EEMV vs. EVLU — Risk / Return Rank
EEMV
EVLU
EEMV vs. EVLU - Risk-Adjusted Trends 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 Value Factor ETF (EVLU). 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.
| EEMV | EVLU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.32 | ||
| Sortino ratioReturn per unit of downside risk | -1.57 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.44 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.91 | 3.88 | -1.97 |
| Martin ratioReturn relative to average drawdown | 6.48 | 12.53 | -6.05 |
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Drawdowns
EEMV vs. EVLU - Drawdown Comparison
The maximum EEMV drawdown since its inception was -31.56%, which is greater than EVLU's maximum drawdown of -17.17%. Use the drawdown chart below to compare losses from any high point for EEMV and EVLU.
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Drawdown Indicators
| EEMV | EVLU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.56% | -17.17% | -14.39% |
Max Drawdown (1Y)Largest decline over 1 year | -9.22% | -12.90% | +3.68% |
Max Drawdown (3Y)Largest decline over 3 years | -12.47% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -21.90% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -31.56% | — | — |
Current DrawdownCurrent decline from peak | -6.32% | -8.17% | +1.85% |
Average DrawdownAverage peak-to-trough decline | -7.94% | -3.61% | -4.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.72% | 3.99% | -1.27% |
Volatility
EEMV vs. EVLU - Volatility Comparison
iShares MSCI Emerging Markets Min Vol Factor ETF (EEMV) and iShares MSCI Emerging Markets Value Factor ETF (EVLU) have volatilities of 7.90% and 7.60%, 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
| EEMV | EVLU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.90% | 7.60% | +0.30% |
Volatility (6M)Calculated over the trailing 6-month period | 14.84% | 18.21% | -3.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.86% | 20.59% | -4.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.49% | 20.43% | -7.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.99% | 20.43% | -6.44% |
EEMV vs. EVLU - Expense Ratio Comparison
EEMV has a 0.25% expense ratio, which is lower than EVLU's 0.35% expense ratio.
Dividends
EEMV vs. EVLU - Dividend Comparison
EEMV's dividend yield for the trailing twelve months is around 2.25%, less than EVLU's 3.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF | 2.25% | 2.65% | 3.50% | 2.75% | 1.93% | 2.14% | 2.45% | 2.63% | 2.46% | 2.34% | 2.79% | 2.55% |
EVLU iShares MSCI Emerging Markets Value Factor ETF | 3.86% | 5.20% | 1.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EEMV and EVLU have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EEMV has higher volatility (7.90%) compared to EVLU (7.60%). In terms of maximum drawdown, EEMV dropped -31.56% vs EVLU's -17.17%.
On 1-year performance, EVLU leads with 49.87% vs 17.56% for EEMV. On fees, EEMV is cheaper at 0.25% per year. On volatility, EVLU has been the lower-risk option at 7.60%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, EVLU has performed better with a 49.87% return vs 17.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EEMV is cheaper with a 0.25% expense ratio, compared with 0.35% for EVLU.
EVLU has the higher dividend yield at 3.86%, compared with 2.25% for EEMV.
EEMV tracks MSCI Emerging Markets Minimum Volatility Index, while EVLU tracks MSCI Emerging Markets Value Factor Select Index (Net). Their fees differ too: 0.25% for EEMV and 0.35% for EVLU.
EVLU currently has the higher Sharpe Ratio (2.44 vs 1.11), 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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