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IEMG vs. IEFA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


IEMGIEFA
YTD Return2.02%5.50%
1Y Return9.89%16.61%
3Y Return (Ann)-4.20%3.93%
5Y Return (Ann)2.76%7.18%
10Y Return (Ann)3.12%4.95%
Sharpe Ratio0.721.45
Daily Std Dev14.16%12.41%
Max Drawdown-38.72%-34.78%
Current Drawdown-19.20%-0.28%

Correlation

0.79
-1.001.00

The correlation between IEMG and IEFA is 0.79, 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

IEMG vs. IEFA - Performance Comparison

In the year-to-date period, IEMG achieves a 2.02% return, which is significantly lower than IEFA's 5.50% return. Over the past 10 years, IEMG has underperformed IEFA with an annualized return of 3.12%, while IEFA has yielded a comparatively higher 4.95% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


20.00%40.00%60.00%80.00%100.00%120.00%OctoberNovemberDecember2024FebruaryMarch
38.72%
109.81%
IEMG
IEFA

Compare stocks, funds, or ETFs


iShares Core MSCI Emerging Markets ETF

iShares Core MSCI EAFE ETF

IEMG vs. IEFA - Expense Ratio Comparison

IEMG has a 0.14% expense ratio, which is higher than IEFA's 0.07% expense ratio.

IEMG
iShares Core MSCI Emerging Markets ETF
0.50%1.00%1.50%2.00%0.14%
0.50%1.00%1.50%2.00%0.07%

Risk-Adjusted Performance

IEMG vs. IEFA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI Emerging Markets ETF (IEMG) and iShares Core MSCI EAFE ETF (IEFA). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
IEMG
iShares Core MSCI Emerging Markets ETF
0.72
IEFA
iShares Core MSCI EAFE ETF
1.45

IEMG vs. IEFA - Sharpe Ratio Comparison

The current IEMG Sharpe Ratio is 0.72, which is lower than the IEFA Sharpe Ratio of 1.45. The chart below compares the 12-month rolling Sharpe Ratio of IEMG and IEFA.


Rolling 12-month Sharpe Ratio0.000.501.001.50OctoberNovemberDecember2024FebruaryMarch
0.72
1.45
IEMG
IEFA

Dividends

IEMG vs. IEFA - Dividend Comparison

IEMG's dividend yield for the trailing twelve months is around 2.83%, less than IEFA's 3.03% yield.


TTM20232022202120202019201820172016201520142013
IEMG
iShares Core MSCI Emerging Markets ETF
2.83%2.89%2.71%3.06%1.87%3.14%2.74%2.33%2.26%2.51%2.29%1.75%
IEFA
iShares Core MSCI EAFE ETF
3.03%3.20%2.70%3.32%1.90%3.18%3.46%2.57%2.96%2.63%3.10%2.16%

Drawdowns

IEMG vs. IEFA - Drawdown Comparison

The maximum IEMG drawdown since its inception was -38.72%, which is greater than IEFA's maximum drawdown of -34.78%. The drawdown chart below compares losses from any high point along the way for IEMG and IEFA


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-19.20%
-0.28%
IEMG
IEFA

Volatility

IEMG vs. IEFA - Volatility Comparison

iShares Core MSCI Emerging Markets ETF (IEMG) has a higher volatility of 2.94% compared to iShares Core MSCI EAFE ETF (IEFA) at 2.65%. This indicates that IEMG's price experiences larger fluctuations and is considered to be riskier than IEFA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%3.50%4.00%4.50%5.00%OctoberNovemberDecember2024FebruaryMarch
2.94%
2.65%
IEMG
IEFA