EEMX vs. EEM
Compare and contrast key facts about SPDR MSCI Emerging Markets Fossil Fuel Free ETF (EEMX) and iShares MSCI Emerging Markets ETF (EEM).
EEMX and EEM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EEMX is a passively managed fund by State Street that tracks the performance of the MSCI Emerging Markets ex Fossil Fuels Index. It was launched on Oct 24, 2016. EEM is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Index. It was launched on Apr 11, 2003. Both EEMX and EEM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EEMX or EEM.
Correlation
The correlation between EEMX and EEM is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
EEMX vs. EEM - Performance Comparison
Key characteristics
EEMX:
0.98
EEM:
0.95
EEMX:
1.47
EEM:
1.43
EEMX:
1.18
EEM:
1.18
EEMX:
0.54
EEM:
0.49
EEMX:
3.37
EEM:
3.11
EEMX:
4.63%
EEM:
4.71%
EEMX:
15.87%
EEM:
15.37%
EEMX:
-39.91%
EEM:
-66.43%
EEMX:
-18.05%
EEM:
-19.46%
Returns By Period
In the year-to-date period, EEMX achieves a 1.51% return, which is significantly lower than EEM's 1.72% return.
EEMX
1.51%
0.65%
2.01%
15.51%
1.96%
N/A
EEM
1.72%
0.64%
1.26%
14.47%
1.08%
2.68%
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EEMX vs. EEM - Expense Ratio Comparison
EEMX has a 0.30% expense ratio, which is lower than EEM's 0.68% expense ratio.
Risk-Adjusted Performance
EEMX vs. EEM — Risk-Adjusted Performance Rank
EEMX
EEM
EEMX vs. EEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Emerging Markets Fossil Fuel Free ETF (EEMX) and iShares MSCI Emerging Markets ETF (EEM). 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.
Dividends
EEMX vs. EEM - Dividend Comparison
EEMX's dividend yield for the trailing twelve months is around 2.22%, less than EEM's 2.39% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF | 2.22% | 2.26% | 2.20% | 2.38% | 1.72% | 1.42% | 2.57% | 2.41% | 2.45% | 0.15% | 0.00% | 0.00% |
EEM iShares MSCI Emerging Markets ETF | 2.39% | 2.43% | 2.63% | 2.50% | 1.99% | 1.45% | 2.76% | 2.24% | 1.89% | 1.89% | 2.49% | 2.23% |
Drawdowns
EEMX vs. EEM - Drawdown Comparison
The maximum EEMX drawdown since its inception was -39.91%, smaller than the maximum EEM drawdown of -66.43%. Use the drawdown chart below to compare losses from any high point for EEMX and EEM. For additional features, visit the drawdowns tool.
Volatility
EEMX vs. EEM - Volatility Comparison
SPDR MSCI Emerging Markets Fossil Fuel Free ETF (EEMX) and iShares MSCI Emerging Markets ETF (EEM) have volatilities of 4.20% and 4.24%, 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.