EEMV vs. WAESX
EEMV (iShares MSCI Emerging Markets Min Vol Factor ETF) and WAESX (Wasatch Emerging Markets Select Fund) are both Emerging Markets Equities funds. Over the past 10 years, EEMV returned 5.71%/yr vs 7.62%/yr for WAESX. Their 0.71 correlation means they have sometimes moved together and sometimes differently. EEMV charges 0.25%/yr vs 1.32%/yr for WAESX.
Performance
EEMV vs. WAESX - Performance Comparison
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Returns By Period
In the year-to-date period, EEMV achieves a 12.46% return, which is significantly higher than WAESX's 5.76% return. Over the past 10 years, EEMV has underperformed WAESX with an annualized return of 5.71%, while WAESX has yielded a comparatively higher 7.62% annualized 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%
WAESX
- 1D
- 2.34%
- 1M
- -4.75%
- 6M
- 5.47%
- YTD
- 5.76%
- 1Y
- 13.82%
- 3Y*
- 7.67%
- 5Y*
- -1.37%
- 10Y*
- 7.62%
- ALL TIME*
- 4.85%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $16.28M | $14.89M | $17.73M | |
| $0.00 | $0.00 | $0.00 |
EEMV vs. WAESX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF | 12.46% | 13.45% | 7.98% | 7.75% | -13.94% | 5.05% | 6.90% | 7.83% | -5.81% | 27.28% |
WAESX Wasatch Emerging Markets Select Fund | 5.76% | 10.56% | -0.12% | 17.52% | -37.38% | 21.34% | 48.36% | 28.05% | -11.50% | 37.66% |
Correlation
The correlation between EEMV and WAESX is 0.69, 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. | 0.69 |
Correlation (3Y) Balances recent behavior with more history. | 0.67 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.69 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.72 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013 | 0.71 |
The correlation between EEMV and WAESX has been stable across timeframes, ranging from 0.67 to 0.72 - a consistent structural relationship.
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Return for Risk
EEMV vs. WAESX — Risk / Return Rank
EEMV
WAESX
EEMV vs. WAESX - 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 Wasatch Emerging Markets Select Fund (WAESX). 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 | WAESX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.41 | ||
| Sortino ratioReturn per unit of downside risk | +0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.13 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.90 | 1.15 | +0.75 |
| Martin ratioReturn relative to average drawdown | 5.72 | 3.80 | +1.91 |
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Drawdowns
EEMV vs. WAESX - Drawdown Comparison
The maximum EEMV drawdown since its inception was -31.56%, smaller than the maximum WAESX drawdown of -45.85%. Use the drawdown chart below to compare losses from any high point for EEMV and WAESX.
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Drawdown Indicators
| EEMV | WAESX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.56% | -45.85% | +14.29% |
Max Drawdown (1Y)Largest decline over 1 year | -9.50% | -11.18% | +1.68% |
Max Drawdown (3Y)Largest decline over 3 years | -12.47% | -21.75% | +9.28% |
Max Drawdown (5Y)Largest decline over 5 years | -21.90% | -45.85% | +23.95% |
Max Drawdown (10Y)Largest decline over 10 years | -31.56% | -45.85% | +14.29% |
Current DrawdownCurrent decline from peak | -7.20% | -19.42% | +12.22% |
Average DrawdownAverage peak-to-trough decline | -7.94% | -16.63% | +8.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.16% | 3.38% | -0.22% |
Volatility
EEMV vs. WAESX - Volatility Comparison
iShares MSCI Emerging Markets Min Vol Factor ETF (EEMV) and Wasatch Emerging Markets Select Fund (WAESX) have volatilities of 6.49% and 6.73%, 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 | WAESX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.49% | 6.73% | -0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 15.49% | 16.24% | -0.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.51% | 18.77% | -2.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.61% | 20.34% | -7.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.06% | 19.86% | -5.80% |
EEMV vs. WAESX - Expense Ratio Comparison
EEMV has a 0.25% expense ratio, which is lower than WAESX's 1.32% expense ratio.
Dividends
EEMV vs. WAESX - Dividend Comparison
EEMV's dividend yield for the trailing twelve months is around 2.27%, while WAESX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
WAESX Wasatch Emerging Markets Select Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.42% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EEMV and WAESX have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WAESX has higher volatility (6.73%) compared to EEMV (6.49%). In terms of maximum drawdown, EEMV dropped -31.56% vs WAESX's -45.85%.
EEMV currently has the higher Sharpe Ratio (1.10 vs 0.69), 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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