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JKS vs. EEM
Performance
Return for Risk
Drawdowns
Volatility
Dividends

JKS vs. EEM

Last updated Jul 16, 2026
Documentation

JKS (JinkoSolar Holding Co., Ltd.) is a stock, while EEM (iShares MSCI Emerging Markets ETF) is Emerging Markets Diversified fund tracking the MSCI Emerging Markets Index (Net). Over the past 10 years, JKS returned 1.25%/yr vs 8.63%/yr for EEM. At a 0.40 correlation, their price movements are largely independent.

Performance

JKS vs. EEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JinkoSolar Holding Co., Ltd. (JKS) and iShares MSCI Emerging Markets ETF (EEM). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, JKS achieves a -32.86% return, which is significantly lower than EEM's 20.47% return. Over the past 10 years, JKS has underperformed EEM with an annualized return of 1.25%, while EEM has yielded a comparatively higher 8.63% annualized return.

JKS

1D
2.83%
1M
-13.23%
6M
-41.54%
YTD
-32.86%
1Y
-27.77%
3Y*
-21.86%
5Y*
-18.52%
10Y*
1.25%

EEM

1D
-0.15%
1M
-5.99%
6M
14.13%
YTD
20.47%
1Y
37.33%
3Y*
19.75%
5Y*
6.59%
10Y*
8.63%
*Multi-year figures are annualized to reflect compound growth (CAGR)

JKS vs. EEM - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
JKS
JinkoSolar Holding Co., Ltd.		-32.86%10.30%-27.15%-5.56%-11.05%-25.72%175.10%127.40%-58.88%57.91%
EEM
iShares MSCI Emerging Markets ETF		20.47%33.98%6.49%8.95%-20.56%-3.63%17.02%18.22%-15.31%37.26%

Correlation

The correlation between JKS and EEM is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.38

Correlation (3Y)
Calculated over the trailing 3-year period

0.42

Correlation (5Y)
Calculated over the trailing 5-year period

0.46

Correlation (10Y)
Calculated over the trailing 10-year period

0.42

Correlation (All Time)
Calculated using the full available price history since May 14, 2010

0.40

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JinkoSolar Holding Co., Ltd.

iShares MSCI Emerging Markets ETF

Often compared with JKS:
JKS vs. CSIQJKS vs. JDJKS vs. SPWRJKS vs. VODJKS vs. RUNJKS vs. GSMJKS vs. ^GSPC
Often compared with EEM:
EEM vs. VWOEEM vs. SPYEEM vs. IEMGEEM vs. VXUSEEM vs. IS3N.DEEEM vs. EEMSEEM vs. SPEM

Return for Risk

JKS vs. EEM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
JKS
JKS Risk / Return Rank: 2121
Overall Rank
JKS Sharpe Ratio Rank: 2424
Sharpe Ratio Rank
JKS Sortino Ratio Rank: 2626
Sortino Ratio Rank
JKS Omega Ratio Rank: 2626
Omega Ratio Rank
JKS Calmar Ratio Rank: 2222
Calmar Ratio Rank
JKS Martin Ratio Rank: 88
Martin Ratio Rank
EEM
EEM Risk / Return Rank: 6262
Overall Rank
EEM Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
EEM Sortino Ratio Rank: 5353
Sortino Ratio Rank
EEM Omega Ratio Rank: 6363
Omega Ratio Rank
EEM Calmar Ratio Rank: 6969
Calmar Ratio Rank
EEM Martin Ratio Rank: 6565
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JKS vs. EEM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JinkoSolar Holding Co., Ltd. (JKS) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

JKSEEMDifference
Sharpe ratioReturn per unit of total volatility
-0.46
1.59

-2.05

Sortino ratioReturn per unit of downside risk
-0.35
2.10

-2.46

Omega ratioGain probability vs. loss probability

0.96

1.30

-0.34

Calmar ratioReturn relative to maximum drawdown

-0.61

2.77

-3.38

Martin ratioReturn relative to average drawdown

-1.41

9.32

-10.74

JKS vs. EEM - Sharpe Ratio Comparison

The current JKS Sharpe Ratio is -0.46, which is lower than the EEM Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of JKS and EEM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

JKS vs. EEM - Drawdown Comparison

The maximum JKS drawdown since its inception was -94.84%, which is greater than EEM's maximum drawdown of -66.43%. Use the drawdown chart below to compare losses from any high point for JKS and EEM.

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Drawdown Indicators

JKSEEMDifference

Max Drawdown

Largest peak-to-trough decline

-94.84%

-66.43%

-28.41%

Max Drawdown (1Y)

Largest decline over 1 year

-45.96%

-13.52%

-32.44%

Max Drawdown (3Y)

Largest decline over 3 years

-65.85%

-17.29%

-48.56%

Max Drawdown (5Y)

Largest decline over 5 years

-79.24%

-35.20%

-44.04%

Max Drawdown (10Y)

Largest decline over 10 years

-82.09%

-39.82%

-42.27%

Current Drawdown

Current decline from peak

-76.21%

-7.92%

-68.29%

Average Drawdown

Average peak-to-trough decline

-52.02%

-15.97%

-36.05%

Ulcer Index

Depth and duration of drawdowns from previous peaks

19.66%

4.02%

+15.64%

Volatility

JKS vs. EEM - Volatility Comparison

JinkoSolar Holding Co., Ltd. (JKS) has a higher volatility of 11.72% compared to iShares MSCI Emerging Markets ETF (EEM) at 10.50%. This indicates that JKS'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.

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Volatility by Period

JKSEEMDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.72%

10.50%

+1.22%

Volatility (6M)

Calculated over the trailing 6-month period

42.92%

21.59%

+21.33%

Volatility (1Y)

Calculated over the trailing 1-year period

60.47%

23.59%

+36.88%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

68.81%

19.73%

+49.08%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

70.97%

20.71%

+50.26%

Dividends

JKS vs. EEM - Dividend Comparison

JKS's dividend yield for the trailing twelve months is around 9.38%, more than EEM's 1.70% yield.

PositionTTM20252024202320222021202020192018201720162015
EEM
iShares MSCI Emerging Markets ETF		1.70%2.22%2.43%2.63%2.50%1.99%1.45%2.76%2.24%1.89%1.89%2.49%
JKS
JinkoSolar Holding Co., Ltd.		9.38%5.04%6.02%4.06%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

JKS and EEM have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

JKS has higher volatility (11.72%) compared to EEM (10.50%). In terms of maximum drawdown, JKS dropped -94.84% vs EEM's -66.43%.

EEM currently has the higher Sharpe Ratio (1.59 vs -0.46), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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