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IMOEX vs. EEM
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between IMOEX and EEM is 0.44, 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.


-0.50.00.51.00.4

Performance

IMOEX vs. EEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MOEX Russia Index (IMOEX) and iShares MSCI Emerging Markets ETF (EEM). The values are adjusted to include any dividend payments, if applicable.

-60.00%-40.00%-20.00%0.00%20.00%40.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
-43.94%
43.51%
IMOEX
EEM

Key characteristics

Sharpe Ratio

IMOEX:

-0.76

EEM:

0.73

Sortino Ratio

IMOEX:

-1.02

EEM:

1.12

Omega Ratio

IMOEX:

0.87

EEM:

1.14

Calmar Ratio

IMOEX:

-0.36

EEM:

0.38

Martin Ratio

IMOEX:

-0.99

EEM:

2.81

Ulcer Index

IMOEX:

15.97%

EEM:

4.07%

Daily Std Dev

IMOEX:

20.59%

EEM:

15.60%

Max Drawdown

IMOEX:

-83.89%

EEM:

-66.43%

Current Drawdown

IMOEX:

-38.46%

EEM:

-19.97%

Returns By Period

In the year-to-date period, IMOEX achieves a -14.87% return, which is significantly lower than EEM's 7.64% return. Over the past 10 years, IMOEX has outperformed EEM with an annualized return of 6.57%, while EEM has yielded a comparatively lower 3.06% annualized return.


IMOEX

YTD

-14.87%

1M

1.60%

6M

-15.28%

1Y

-14.16%

5Y*

-2.65%

10Y*

6.57%

EEM

YTD

7.64%

1M

-0.87%

6M

0.73%

1Y

9.38%

5Y*

1.11%

10Y*

3.06%

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Risk-Adjusted Performance

IMOEX vs. EEM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MOEX Russia Index (IMOEX) 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.


Sharpe ratio
The chart of Sharpe ratio for IMOEX, currently valued at -1.04, compared to the broader market0.001.002.00-1.040.68
The chart of Sortino ratio for IMOEX, currently valued at -1.53, compared to the broader market-1.000.001.002.003.00-1.531.05
The chart of Omega ratio for IMOEX, currently valued at 0.82, compared to the broader market0.901.001.101.201.301.400.821.13
The chart of Calmar ratio for IMOEX, currently valued at -0.46, compared to the broader market0.001.002.003.00-0.460.34
The chart of Martin ratio for IMOEX, currently valued at -1.62, compared to the broader market0.005.0010.0015.0020.00-1.622.60
IMOEX
EEM

The current IMOEX Sharpe Ratio is -0.76, which is lower than the EEM Sharpe Ratio of 0.73. The chart below compares the historical Sharpe Ratios of IMOEX and EEM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.00JulyAugustSeptemberOctoberNovemberDecember
-1.04
0.68
IMOEX
EEM

Drawdowns

IMOEX vs. EEM - Drawdown Comparison

The maximum IMOEX drawdown since its inception was -83.89%, which is greater than EEM's maximum drawdown of -66.43%. Use the drawdown chart below to compare losses from any high point for IMOEX and EEM. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%JulyAugustSeptemberOctoberNovemberDecember
-58.04%
-19.97%
IMOEX
EEM

Volatility

IMOEX vs. EEM - Volatility Comparison

MOEX Russia Index (IMOEX) has a higher volatility of 17.57% compared to iShares MSCI Emerging Markets ETF (EEM) at 3.87%. This indicates that IMOEX's price experiences larger fluctuations and is considered to be riskier than EEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
17.57%
3.87%
IMOEX
EEM
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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