PortfoliosLab logoPortfoliosLab logo

Documentation

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

EEMV vs. USMF

Last updated Jun 16, 2026

EEMV (iShares MSCI Emerging Markets Min Vol Factor ETF) and USMF (WisdomTree US Multifactor Fund) are both exchange-traded funds - EEMV is a Asia Pacific Equities fund tracking the MSCI Emerging Markets Minimum Volatility Index, while USMF is a Mid Cap Blend Equities fund tracking the WisdomTree US Multifactor Index. Both are passively managed. Over the past 5 years, EEMV returned 6.38%/yr vs 8.31%/yr for USMF. A 0.56 correlation means they provide meaningful diversification when combined. EEMV charges 0.25%/yr vs 0.28%/yr for USMF.

Performance

EEMV vs. USMF - 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 WisdomTree US Multifactor Fund (USMF). 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 20.09% return, which is significantly higher than USMF's 6.65% return.

EEMV

1D
2.55%
1M
7.71%
YTD
20.09%
6M
21.21%
1Y
27.78%
3Y*
14.32%
5Y*
6.38%
10Y*
7.04%

USMF

1D
1.25%
1M
5.30%
YTD
6.65%
6M
6.40%
1Y
9.68%
3Y*
13.99%
5Y*
8.31%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

EEMV vs. USMF - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
EEMV
iShares MSCI Emerging Markets Min Vol Factor ETF		20.09%13.45%7.98%7.75%-13.94%5.05%6.90%7.83%-5.81%7.04%
USMF
WisdomTree US Multifactor Fund		6.65%4.60%19.65%13.47%-8.82%21.26%12.01%24.06%-4.72%11.27%

Correlation

The correlation between EEMV and USMF is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.52

Correlation (3Y)
Calculated over the trailing 3-year period

0.48

Correlation (5Y)
Calculated over the trailing 5-year period

0.53

Correlation (All Time)
Calculated using the full available price history since Aug 24, 2017

0.56

The correlation between EEMV and USMF has been stable across timeframes, ranging from 0.48 to 0.56 - a consistent structural relationship.

EEMV vs. USMF - Sectors Allocation Comparison

Sectors
EEMV
USMF

Technology

36.5%
33.2%

Financial Services

18.0%
10.7%

Communication Services

10.1%
9.8%

Industrials

6.6%
8.2%

Consumer Cyclical

6.2%
10.5%

Consumer Defensive

5.6%
4.3%

Healthcare

5.4%
9.0%

Utilities

4.4%
1.9%

Energy

3.6%
4.8%

Basic Materials

2.9%
0.9%

Real Estate

0.6%
2.0%

Technology

EEMV
36.5%
USMF
33.2%

Financial Services

EEMV
18.0%
USMF
10.7%

Communication Services

EEMV
10.1%
USMF
9.8%

Industrials

EEMV
6.6%
USMF
8.2%

Consumer Cyclical

EEMV
6.2%
USMF
10.5%

Consumer Defensive

EEMV
5.6%
USMF
4.3%

Healthcare

EEMV
5.4%
USMF
9.0%

Utilities

EEMV
4.4%
USMF
1.9%

Energy

EEMV
3.6%
USMF
4.8%

Basic Materials

EEMV
2.9%
USMF
0.9%

Real Estate

EEMV
0.6%
USMF
2.0%

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

WisdomTree US Multifactor Fund

Often compared with EEMV:
EEMV vs. EEMEEMV vs. IEMGEEMV vs. SPYEEMV vs. EFAVEEMV vs. MCHIEEMV vs. USMVEEMV vs. SPEM
Often compared with USMF:
USMF vs. DYNFUSMF vs. VFMFUSMF vs. SCHMUSMF vs. SFLRUSMF vs. SPMOUSMF vs. SPYUSMF vs. VO

Return for Risk

EEMV vs. USMF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EEMV
EEMV Risk / Return Rank: 6666
Overall Rank
EEMV Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
EEMV Sortino Ratio Rank: 6262
Sortino Ratio Rank
EEMV Omega Ratio Rank: 7373
Omega Ratio Rank
EEMV Calmar Ratio Rank: 6666
Calmar Ratio Rank
EEMV Martin Ratio Rank: 6565
Martin Ratio Rank
USMF
USMF Risk / Return Rank: 2828
Overall Rank
USMF Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
USMF Sortino Ratio Rank: 2525
Sortino Ratio Rank
USMF Omega Ratio Rank: 2424
Omega Ratio Rank
USMF Calmar Ratio Rank: 3232
Calmar Ratio Rank
USMF Martin Ratio Rank: 3232
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.

EEMV vs. USMF - 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 WisdomTree US Multifactor Fund (USMF). 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.

EEMVUSMFDifference
Sharpe ratioReturn per unit of total volatility
1.91
0.86

+1.04

Sortino ratioReturn per unit of downside risk
2.64
1.29

+1.35

Omega ratioGain probability vs. loss probability

1.39

1.15

+0.24

Calmar ratioReturn relative to maximum drawdown

3.03

1.50

+1.52

Martin ratioReturn relative to average drawdown

10.90

4.47

+6.43

EEMV vs. USMF - Sharpe Ratio Comparison

The current EEMV Sharpe Ratio is 1.91, which is higher than the USMF Sharpe Ratio of 0.86. The chart below compares the historical Sharpe Ratios of EEMV and USMF, 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. USMF - Drawdown Comparison

The maximum EEMV drawdown since its inception was -31.56%, smaller than the maximum USMF drawdown of -36.24%. Use the drawdown chart below to compare losses from any high point for EEMV and USMF.

Loading charts...

Drawdown Indicators

EEMVUSMFDifference

Max Drawdown

Largest peak-to-trough decline

-31.56%

-36.24%

+4.68%

Max Drawdown (1Y)

Largest decline over 1 year

-9.22%

-6.47%

-2.75%

Max Drawdown (3Y)

Largest decline over 3 years

-12.47%

-15.39%

+2.92%

Max Drawdown (5Y)

Largest decline over 5 years

-21.90%

-18.10%

-3.80%

Max Drawdown (10Y)

Largest decline over 10 years

-31.56%

—

—

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-7.96%

-4.15%

-3.81%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.56%

2.17%

+0.39%

Volatility

EEMV vs. USMF - Volatility Comparison

iShares MSCI Emerging Markets Min Vol Factor ETF (EEMV) has a higher volatility of 8.16% compared to WisdomTree US Multifactor Fund (USMF) at 4.10%. This indicates that EEMV's price experiences larger fluctuations and is considered to be riskier than USMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

EEMVUSMFDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.16%

4.10%

+4.06%

Volatility (6M)

Calculated over the trailing 6-month period

13.51%

8.13%

+5.38%

Volatility (1Y)

Calculated over the trailing 1-year period

14.67%

11.31%

+3.36%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.22%

14.34%

-2.12%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.99%

16.97%

-2.98%

EEMV vs. USMF - Expense Ratio Comparison

EEMV has a 0.25% expense ratio, which is lower than USMF's 0.28% expense ratio.

Dividends

EEMV vs. USMF - Dividend Comparison

EEMV's dividend yield for the trailing twelve months is around 3.07%, more than USMF's 1.29% yield.

PositionTTM20252024202320222021202020192018201720162015
EEMV
iShares MSCI Emerging Markets Min Vol Factor ETF		3.07%2.65%3.50%2.75%1.93%2.14%2.45%2.63%2.46%2.34%2.79%2.55%
USMF
WisdomTree US Multifactor Fund		1.29%1.37%1.22%1.33%1.74%1.42%1.34%1.38%1.45%0.67%0.00%0.00%

Frequently Asked Questions

EEMV and USMF have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

EEMV has higher volatility (8.16%) compared to USMF (4.10%). In terms of maximum drawdown, EEMV dropped -31.56% vs USMF's -36.24%.

On 5-year performance, USMF leads with 8.31% vs 6.38% for EEMV. On fees, EEMV is cheaper at 0.25% per year. On volatility, USMF has been the lower-risk option at 4.10%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, USMF has performed better with a 8.31% return vs 6.38%. 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 0.28% for USMF.

EEMV has the higher dividend yield at 3.07%, compared with 1.29% for USMF.

EEMV is categorized as Asia Pacific Equities, while USMF is Mid Cap Blend Equities. EEMV tracks MSCI Emerging Markets Minimum Volatility Index, while USMF tracks WisdomTree US Multifactor Index. They also come from different issuers: iShares and WisdomTree. Their fees differ too: 0.25% for EEMV and 0.28% for USMF.

EEMV currently has the higher Sharpe Ratio (1.91 vs 0.86), 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 USMF

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