EMMF vs. EEMV
Compare and contrast key facts about WisdomTree Emerging Markets Multifactor Fund (EMMF) and iShares MSCI Emerging Markets Min Vol Factor ETF (EEMV).
EMMF and EEMV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EMMF is an actively managed fund by WisdomTree. It was launched on Aug 10, 2018. EEMV is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Minimum Volatility Index. It was launched on Oct 18, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EMMF or EEMV.
Key characteristics
| EMMF | EEMV | |
|---|---|---|
| YTD Return | 7.48% | 1.96% |
| 1Y Return | 23.62% | 5.47% |
| 3Y Return (Ann) | 3.17% | -1.45% |
| 5Y Return (Ann) | 5.25% | 1.31% |
| Sharpe Ratio | 2.18 | 0.55 |
| Daily Std Dev | 10.67% | 9.63% |
| Max Drawdown | -32.55% | -31.56% |
| Current Drawdown | -0.50% | -7.58% |
Correlation
The correlation between EMMF and EEMV is 0.84, 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
EMMF vs. EEMV - Performance Comparison
In the year-to-date period, EMMF achieves a 7.48% return, which is significantly higher than EEMV's 1.96% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EMMF vs. EEMV - Expense Ratio Comparison
EMMF has a 0.48% expense ratio, which is higher than EEMV's 0.25% expense ratio.
Risk-Adjusted Performance
EMMF vs. EEMV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets Multifactor Fund (EMMF) and iShares MSCI Emerging Markets Min Vol Factor ETF (EEMV). 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
EMMF vs. EEMV - Dividend Comparison
EMMF's dividend yield for the trailing twelve months is around 1.55%, less than EEMV's 2.70% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMMF WisdomTree Emerging Markets Multifactor Fund | 1.55% | 1.62% | 3.48% | 2.64% | 1.93% | 2.93% | 0.66% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF | 2.70% | 2.75% | 1.93% | 2.14% | 2.45% | 2.63% | 2.46% | 2.34% | 2.79% | 2.55% | 2.71% | 2.51% |
Drawdowns
EMMF vs. EEMV - Drawdown Comparison
The maximum EMMF drawdown since its inception was -32.55%, roughly equal to the maximum EEMV drawdown of -31.56%. Use the drawdown chart below to compare losses from any high point for EMMF and EEMV. For additional features, visit the drawdowns tool.
Volatility
EMMF vs. EEMV - Volatility Comparison
WisdomTree Emerging Markets Multifactor Fund (EMMF) and iShares MSCI Emerging Markets Min Vol Factor ETF (EEMV) have volatilities of 2.98% and 2.97%, 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.