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

Key characteristics


IEMGONEQ
YTD Return1.62%9.11%
1Y Return9.78%41.31%
3Y Return (Ann)-4.53%9.02%
5Y Return (Ann)2.68%17.53%
10Y Return (Ann)3.15%15.94%
Sharpe Ratio0.792.64
Daily Std Dev14.21%15.56%
Max Drawdown-38.72%-55.09%
Current Drawdown-19.52%-0.25%

Correlation

0.67
-1.001.00

The correlation between IEMG and ONEQ is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

IEMG vs. ONEQ - Performance Comparison

In the year-to-date period, IEMG achieves a 1.62% return, which is significantly lower than ONEQ's 9.11% return. Over the past 10 years, IEMG has underperformed ONEQ with an annualized return of 3.15%, while ONEQ has yielded a comparatively higher 15.94% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%100.00%200.00%300.00%400.00%500.00%OctoberNovemberDecember2024FebruaryMarch
38.18%
516.28%
IEMG
ONEQ

Compare stocks, funds, or ETFs


iShares Core MSCI Emerging Markets ETF

Fidelity NASDAQ Composite Index Tracking Stock

IEMG vs. ONEQ - Expense Ratio Comparison

IEMG has a 0.14% expense ratio, which is lower than ONEQ's 0.21% expense ratio.

ONEQ
Fidelity NASDAQ Composite Index Tracking Stock
0.50%1.00%1.50%2.00%0.21%
0.50%1.00%1.50%2.00%0.14%

Risk-Adjusted Performance

IEMG vs. ONEQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI Emerging Markets ETF (IEMG) and Fidelity NASDAQ Composite Index Tracking Stock (ONEQ). 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
0.79
ONEQ
Fidelity NASDAQ Composite Index Tracking Stock
2.64

IEMG vs. ONEQ - Sharpe Ratio Comparison

The current IEMG Sharpe Ratio is 0.79, which is lower than the ONEQ Sharpe Ratio of 2.64. The chart below compares the 12-month rolling Sharpe Ratio of IEMG and ONEQ.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00OctoberNovemberDecember2024FebruaryMarch
0.79
2.64
IEMG
ONEQ

Dividends

IEMG vs. ONEQ - Dividend Comparison

IEMG's dividend yield for the trailing twelve months is around 2.84%, more than ONEQ's 0.67% yield.


TTM20232022202120202019201820172016201520142013
IEMG
iShares Core MSCI Emerging Markets ETF
2.84%2.89%2.71%3.06%1.87%3.14%2.74%2.33%2.26%2.51%2.29%1.75%
ONEQ
Fidelity NASDAQ Composite Index Tracking Stock
0.67%0.71%0.97%0.54%0.71%1.64%1.08%0.84%1.12%1.04%1.19%0.84%

Drawdowns

IEMG vs. ONEQ - Drawdown Comparison

The maximum IEMG drawdown since its inception was -38.72%, smaller than the maximum ONEQ drawdown of -55.09%. The drawdown chart below compares losses from any high point along the way for IEMG and ONEQ


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-19.52%
-0.25%
IEMG
ONEQ

Volatility

IEMG vs. ONEQ - Volatility Comparison

The current volatility for iShares Core MSCI Emerging Markets ETF (IEMG) is 3.25%, while Fidelity NASDAQ Composite Index Tracking Stock (ONEQ) has a volatility of 3.94%. This indicates that IEMG experiences smaller price fluctuations and is considered to be less risky than ONEQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%OctoberNovemberDecember2024FebruaryMarch
3.25%
3.94%
IEMG
ONEQ