EEMV vs. NFFFX
EEMV (iShares MSCI Emerging Markets Min Vol Factor ETF) and NFFFX (American Funds New World Fund) are both Emerging Markets Equities funds. Over the past 10 years, EEMV returned 5.67%/yr vs 10.56%/yr for NFFFX. Their correlation of 0.83 means they have usually moved in the same direction. EEMV charges 0.25%/yr vs 0.68%/yr for NFFFX.
Performance
EEMV vs. NFFFX - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with EEMV having a 13.39% return and NFFFX slightly higher at 14.00%. Over the past 10 years, EEMV has underperformed NFFFX with an annualized return of 5.67%, while NFFFX has yielded a comparatively higher 10.56% annualized return.
EEMV
- 1D
- 0.83%
- 1M
- -2.13%
- 6M
- 8.06%
- YTD
- 13.39%
- 1Y
- 19.04%
- 3Y*
- 12.30%
- 5Y*
- 5.50%
- 10Y*
- 5.67%
- ALL TIME*
- 5.27%
NFFFX
- 1D
- 1.97%
- 1M
- 0.30%
- 6M
- 7.55%
- YTD
- 14.00%
- 1Y
- 29.10%
- 3Y*
- 16.42%
- 5Y*
- 6.82%
- 10Y*
- 10.56%
- ALL TIME*
- 6.71%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $17.54M | $15.40M | $17.99M | |
| $0.00 | $0.00 | $0.00 |
EEMV vs. NFFFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF | 13.39% | 13.45% | 7.98% | 7.75% | -13.94% | 5.05% | 6.90% | 7.83% | -5.81% | 27.28% |
NFFFX American Funds New World Fund | 14.00% | 28.52% | 6.78% | 16.11% | -21.86% | 4.98% | 25.17% | 27.89% | -12.08% | 32.92% |
Correlation
The correlation between EEMV and NFFFX is 0.79, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.79 |
Correlation (3Y) Balances recent behavior with more history. | 0.79 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.81 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.83 |
Correlation (All Time) Calculated using the full available price history since Oct 20, 2011 | 0.83 |
The correlation between EEMV and NFFFX has been stable across timeframes, ranging from 0.79 to 0.83 - a consistent structural relationship.
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Return for Risk
EEMV vs. NFFFX — Risk / Return Rank
EEMV
NFFFX
EEMV vs. NFFFX - 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 American Funds New World Fund (NFFFX). 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 | NFFFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.40 | ||
| Sortino ratioReturn per unit of downside risk | -0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.29 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.01 | 2.14 | -0.13 |
| Martin ratioReturn relative to average drawdown | 5.99 | 7.74 | -1.75 |
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Drawdowns
EEMV vs. NFFFX - Drawdown Comparison
The maximum EEMV drawdown since its inception was -31.56%, smaller than the maximum NFFFX drawdown of -50.17%. Use the drawdown chart below to compare losses from any high point for EEMV and NFFFX.
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Drawdown Indicators
| EEMV | NFFFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.56% | -50.17% | +18.61% |
Max Drawdown (1Y)Largest decline over 1 year | -9.50% | -13.01% | +3.51% |
Max Drawdown (3Y)Largest decline over 3 years | -12.47% | -15.05% | +2.58% |
Max Drawdown (5Y)Largest decline over 5 years | -21.90% | -33.48% | +11.58% |
Max Drawdown (10Y)Largest decline over 10 years | -31.56% | -33.48% | +1.92% |
Current DrawdownCurrent decline from peak | -6.43% | -4.01% | -2.42% |
Average DrawdownAverage peak-to-trough decline | -7.93% | -9.75% | +1.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.18% | 3.58% | -0.40% |
Volatility
EEMV vs. NFFFX - Volatility Comparison
The current volatility for iShares MSCI Emerging Markets Min Vol Factor ETF (EEMV) is 6.53%, while American Funds New World Fund (NFFFX) has a volatility of 7.36%. This indicates that EEMV experiences smaller price fluctuations and is considered to be less risky than NFFFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EEMV | NFFFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.53% | 7.36% | -0.83% |
Volatility (6M)Calculated over the trailing 6-month period | 15.46% | 16.02% | -0.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.54% | 17.82% | -1.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.62% | 15.98% | -3.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.07% | 16.33% | -2.26% |
EEMV vs. NFFFX - Expense Ratio Comparison
EEMV has a 0.25% expense ratio, which is lower than NFFFX's 0.68% expense ratio.
Dividends
EEMV vs. NFFFX - Dividend Comparison
EEMV's dividend yield for the trailing twelve months is around 2.25%, less than NFFFX's 5.27% 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% |
NFFFX American Funds New World Fund | 5.27% | 6.01% | 4.01% | 2.78% | 1.21% | 7.23% | 0.35% | 3.95% | 2.62% | 2.17% | 1.28% | 0.94% |
Frequently Asked Questions
EEMV and NFFFX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NFFFX has higher volatility (7.36%) compared to EEMV (6.53%). In terms of maximum drawdown, EEMV dropped -31.56% vs NFFFX's -50.17%.
NFFFX currently has the higher Sharpe Ratio (1.56 vs 1.16), 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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