PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
EEMV vs. STXE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EEMV vs. STXE

Last updated Aug 2, 2026
Documentation

EEMV (iShares MSCI Emerging Markets Min Vol Factor ETF) and STXE (Strive Emerging Markets Ex-China ETF) are both Emerging Markets Equities funds - EEMV tracks the MSCI Emerging Markets Minimum Volatility Index while STXE tracks the Bloomberg US 1000 Dividend Growth Index - Benchmark TR Gross. Both are passively managed. Over the past 3 years, EEMV returned 11.41%/yr vs 23.32%/yr for STXE. Their correlation of 0.81 means they have usually moved in the same direction. EEMV charges 0.25%/yr vs 0.32%/yr for STXE.

Performance

EEMV vs. STXE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Emerging Markets Min Vol Factor ETF (EEMV) and Strive Emerging Markets Ex-China ETF (STXE). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, EEMV achieves a 12.46% return, which is significantly lower than STXE's 31.48% return.

EEMV

1D
-0.38%
1M
-2.94%
6M
7.78%
YTD
12.46%
1Y
18.06%
3Y*
11.41%
5Y*
5.62%
10Y*
5.71%
ALL TIME*
5.22%

STXE

1D
2.93%
1M
-5.07%
6M
18.30%
YTD
31.48%
1Y
56.34%
3Y*
23.32%
5Y*
—
10Y*
—
ALL TIME*
22.35%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

EEMV

iShares MSCI Emerging Markets Min Vol Factor ETF
$16.28M$14.89M$17.73M

STXE

Strive Emerging Markets Ex-China ETF
$412.67K$566.81K$571.67K

EEMV vs. STXE - Yearly Performance Comparison

2026 (YTD)202520242023
EEMV
iShares MSCI Emerging Markets Min Vol Factor ETF		12.46%13.45%7.98%3.38%
STXE
Strive Emerging Markets Ex-China ETF		31.48%34.23%2.09%12.38%

Correlation

The correlation between EEMV and STXE is 0.88, meaning they have usually moved in the same direction, including during past declines.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.88

Correlation (3Y)
Balances recent behavior with more history.

0.81

Correlation (All Time)
Calculated using the full available price history since Jan 31, 2023

0.81

The correlation between EEMV and STXE has been stable across timeframes, ranging from 0.81 to 0.88 - a consistent structural relationship.

EEMV vs. STXE - Sectors Allocation Comparison

Sectors
EEMV
STXE

Technology

37.4%
40.3%

Financial Services

18.3%
15.7%

Communication Services

10.0%
3.2%

Consumer Cyclical

6.7%
1.4%

Industrials

5.8%
5.0%

Healthcare

5.5%
0.6%

Consumer Defensive

5.4%
1.7%

Utilities

4.2%
1.1%

Energy

3.5%
3.5%

Basic Materials

2.6%
6.2%

Real Estate

0.6%
0.4%

Technology

EEMV
37.4%
STXE
40.3%

Financial Services

EEMV
18.3%
STXE
15.7%

Communication Services

EEMV
10.0%
STXE
3.2%

Consumer Cyclical

EEMV
6.7%
STXE
1.4%

Industrials

EEMV
5.8%
STXE
5.0%

Healthcare

EEMV
5.5%
STXE
0.6%

Consumer Defensive

EEMV
5.4%
STXE
1.7%

Utilities

EEMV
4.2%
STXE
1.1%

Energy

EEMV
3.5%
STXE
3.5%

Basic Materials

EEMV
2.6%
STXE
6.2%

Real Estate

EEMV
0.6%
STXE
0.4%

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 Min Vol Factor ETF

Strive Emerging Markets Ex-China ETF

Often compared with EEMV:
EEMV vs. EEMEEMV vs. IEMGEEMV vs. SPYEEMV vs. EFAVEEMV vs. MCHIEEMV vs. USMVEEMV vs. SPEM
Often compared with STXE:
STXE vs. EWSSTXE vs. EMXCSTXE vs. EWYSTXE vs. SCHFSTXE vs. STXTSTXE vs. VEUSTXE vs. KEMX

Return for Risk

EEMV vs. STXE — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
EEMV
EEMV Risk / Return Rank: 4848
Overall Rank
EEMV Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
EEMV Sortino Ratio Rank: 4343
Sortino Ratio Rank
EEMV Omega Ratio Rank: 4949
Omega Ratio Rank
EEMV Calmar Ratio Rank: 5353
Calmar Ratio Rank
EEMV Martin Ratio Rank: 4949
Martin Ratio Rank
STXE
STXE Risk / Return Rank: 7979
Overall Rank
STXE Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
STXE Sortino Ratio Rank: 7474
Sortino Ratio Rank
STXE Omega Ratio Rank: 8181
Omega Ratio Rank
STXE Calmar Ratio Rank: 7777
Calmar Ratio Rank
STXE Martin Ratio Rank: 7979
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EEMV vs. STXE - 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 Strive Emerging Markets Ex-China ETF (STXE). 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.

EEMVSTXEDifference
Sharpe ratioReturn per unit of total volatility
1.10
1.86

-0.77

Sortino ratioReturn per unit of downside risk
1.57
2.40

-0.83

Omega ratioGain probability vs. loss probability

1.22

1.34

-0.12

Calmar ratioReturn relative to maximum drawdown

1.90

2.73

-0.82

Martin ratioReturn relative to average drawdown

5.72

10.29

-4.57

EEMV vs. STXE - Sharpe Ratio Comparison

The current EEMV Sharpe Ratio is 1.10, which is lower than the STXE Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of EEMV and STXE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

EEMV vs. STXE - Drawdown Comparison

The maximum EEMV drawdown since its inception was -31.56%, which is greater than STXE's maximum drawdown of -20.38%. Use the drawdown chart below to compare losses from any high point for EEMV and STXE.

Loading charts...

Drawdown Indicators

EEMVSTXEDifference

Max Drawdown

Largest peak-to-trough decline

-31.56%

-20.38%

-11.18%

Max Drawdown (1Y)

Largest decline over 1 year

-9.50%

-20.38%

+10.88%

Max Drawdown (3Y)

Largest decline over 3 years

-12.47%

-20.38%

+7.91%

Max Drawdown (5Y)

Largest decline over 5 years

-21.90%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-31.56%

—

—

Current Drawdown

Current decline from peak

-7.20%

-14.59%

+7.39%

Average Drawdown

Average peak-to-trough decline

-7.94%

-3.95%

-3.99%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.16%

5.39%

-2.23%

Volatility

EEMV vs. STXE - Volatility Comparison

The current volatility for iShares MSCI Emerging Markets Min Vol Factor ETF (EEMV) is 6.49%, while Strive Emerging Markets Ex-China ETF (STXE) has a volatility of 13.05%. This indicates that EEMV experiences smaller price fluctuations and is considered to be less risky than STXE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

EEMVSTXEDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.49%

13.05%

-6.56%

Volatility (6M)

Calculated over the trailing 6-month period

15.49%

28.09%

-12.60%

Volatility (1Y)

Calculated over the trailing 1-year period

16.51%

29.83%

-13.32%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.61%

20.17%

-7.56%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.06%

20.17%

-6.11%

EEMV vs. STXE - Expense Ratio Comparison

EEMV has a 0.25% expense ratio, which is lower than STXE's 0.32% expense ratio.

Dividends

EEMV vs. STXE - Dividend Comparison

EEMV's dividend yield for the trailing twelve months is around 2.27%, more than STXE's 1.91% yield.

PositionTTM20252024202320222021202020192018201720162015
EEMV
iShares MSCI Emerging Markets Min Vol Factor ETF		2.27%2.65%3.50%2.75%1.93%2.14%2.45%2.63%2.46%2.34%2.79%2.55%
STXE
Strive Emerging Markets Ex-China ETF		1.91%2.66%3.22%1.08%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

EEMV and STXE 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.

STXE has higher volatility (13.05%) compared to EEMV (6.49%). In terms of maximum drawdown, EEMV dropped -31.56% vs STXE's -20.38%.

On 3-year performance, STXE leads with 23.32% vs 11.41% for EEMV. On fees, EEMV is cheaper at 0.25% per year. On volatility, EEMV has been the lower-risk option at 6.49%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 3-year period, STXE has performed better with a 23.32% return vs 11.41%. 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 0.32% for STXE.

EEMV has the higher dividend yield at 2.27%, compared with 1.91% for STXE.

EEMV tracks MSCI Emerging Markets Minimum Volatility Index, while STXE tracks Bloomberg US 1000 Dividend Growth Index - Benchmark TR Gross. They also come from different issuers: iShares and Strive. Their fees differ too: 0.25% for EEMV and 0.32% for STXE.

STXE currently has the higher Sharpe Ratio (1.86 vs 1.10), 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.

Portfolio Optimizer

Find the right allocation for EEMV and STXE

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer