NESN.SW vs. IEMG

Last updated Jun 5, 2026

NESN.SW (Nestlé S.A.) is a stock, while IEMG (iShares Core MSCI Emerging Markets ETF) is Emerging Markets Diversified fund tracking the MSCI Emerging Markets Investable Market Index (USD) (Net). Over the past 10 years, NESN.SW returned 3.43%/yr vs 7.82%/yr for IEMG. At a 0.20 correlation, their price movements are largely independent.

Performance

NESN.SW vs. IEMG - Performance Comparison

The chart below illustrates the hypothetical performance of a CHF 10,000 investment in Nestlé S.A. (NESN.SW) and iShares Core MSCI Emerging Markets ETF (IEMG). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

NESN.SW is traded in CHF, while IEMG is traded in USD. To make them comparable, the IEMG values have been converted to CHF using the latest available exchange rates.

Returns By Period

In the year-to-date period, NESN.SW achieves a 1.36% return, which is significantly lower than IEMG's 19.67% return. Over the past 10 years, NESN.SW has underperformed IEMG with an annualized return of 3.43%, while IEMG has yielded a comparatively higher 7.82% annualized return.

NESN.SW

• 1D: -0.78%
• 1M: -1.02%
• YTD: 1.36%
• 6M: 1.89%
• 1Y: -7.95%
• 3Y*: -7.76%
• 5Y*: -4.52%
• 10Y*: 3.43%

IEMG

• 1D: 2.01%
• 1M: -0.90%
• YTD: 19.67%
• 6M: 19.47%
• 1Y: 36.72%
• 3Y*: 15.64%
• 5Y*: 4.13%
• 10Y*: 7.82%

*Multi-year figures are annualized to reflect compound growth (CAGR)

NESN.SW vs. IEMG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NESN.SW Nestlé S.A.	1.36%	8.93%	-20.71%	-6.62%	-13.99%	25.41%	2.09%	34.76%	-1.76%	18.26%
IEMG iShares Core MSCI Emerging Markets ETF	19.67%	15.83%	14.89%	1.54%	-18.88%	2.29%	7.93%	15.81%	-14.10%	31.55%

Correlation

The correlation between NESN.SW and IEMG is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.01
Correlation (3Y) Calculated over the trailing 3-year period	0.02
Correlation (5Y) Calculated over the trailing 5-year period	0.04
Correlation (10Y) Calculated over the trailing 10-year period	0.15
Correlation (All Time) Calculated using the full available price history since Oct 25, 2012	0.20

The correlation between NESN.SW and IEMG shifts across timeframes, from 0.01 (1 year) to 0.20 (all time), reflecting how their relationship changes across market environments.

Return for Risk

NESN.SW vs. IEMG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NESN.SW

NESN.SW Risk / Return Rank: 24
NESN.SW Sharpe Ratio Rank: 24
NESN.SW Sortino Ratio Rank: 20
NESN.SW Omega Ratio Rank: 21
NESN.SW Calmar Ratio Rank: 26
NESN.SW Martin Ratio Rank: 28

IEMG

IEMG Risk / Return Rank: 67
IEMG Sharpe Ratio Rank: 67
IEMG Sortino Ratio Rank: 61
IEMG Omega Ratio Rank: 71
IEMG Calmar Ratio Rank: 68
IEMG Martin Ratio Rank: 69

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.

NESN.SW vs. IEMG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nestlé S.A. (NESN.SW) and iShares Core MSCI Emerging Markets ETF (IEMG). 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.

	NESN.SW	IEMG	Difference
Sharpe ratio: Return per unit of total volatility	-0.41	1.87	-2.28
Sortino ratio: Return per unit of downside risk	-0.53	2.49	-3.02
Omega ratio: Gain probability vs. loss probability	0.94	1.36	-0.42
Calmar ratio: Return relative to maximum drawdown	-0.46	3.59	-4.05
Martin ratio: Return relative to average drawdown	-0.75	12.53	-13.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NESN.SW vs. IEMG - Sharpe Ratio Comparison

The current NESN.SW Sharpe Ratio is -0.41, which is lower than the IEMG Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of NESN.SW and IEMG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NESN.SW	IEMG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.41	1.87	-2.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.26	0.23	-0.49
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.21	0.38	-0.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.25	+0.22

Drawdowns

NESN.SW vs. IEMG - Drawdown Comparison

The maximum NESN.SW drawdown since its inception was -39.85%, which is greater than IEMG's maximum drawdown of -35.81%. Use the drawdown chart below to compare losses from any high point for NESN.SW and IEMG.

Drawdown Indicators

	NESN.SW	IEMG	Difference
Max Drawdown Largest peak-to-trough decline	-39.85%	-35.81%	-4.04%
Max Drawdown (1Y) Largest decline over 1 year	-18.11%	-10.28%	-7.83%
Max Drawdown (3Y) Largest decline over 3 years	-30.19%	-19.19%	-11.00%
Max Drawdown (5Y) Largest decline over 5 years	-38.45%	-30.15%	-8.30%
Max Drawdown (10Y) Largest decline over 10 years	-38.45%	-35.81%	-2.64%
Current Drawdown Current decline from peak	-30.81%	-5.74%	-25.07%
Average Drawdown Average peak-to-trough decline	-9.94%	-11.94%	+2.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.76%	2.94%	+8.82%

Volatility

NESN.SW vs. IEMG - Volatility Comparison

The current volatility for Nestlé S.A. (NESN.SW) is 5.83%, while iShares Core MSCI Emerging Markets ETF (IEMG) has a volatility of 9.83%. This indicates that NESN.SW experiences smaller price fluctuations and is considered to be less risky than IEMG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NESN.SW	IEMG	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.83%	9.83%	-4.00%
Volatility (6M) Calculated over the trailing 6-month period	14.53%	17.13%	-2.60%
Volatility (1Y) Calculated over the trailing 1-year period	20.81%	19.76%	+1.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.51%	18.32%	-0.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.61%	20.45%	-3.84%

Dividends

NESN.SW vs. IEMG - Dividend Comparison

NESN.SW's dividend yield for the trailing twelve months is around 4.04%, more than IEMG's 2.31% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IEMG iShares Core MSCI Emerging Markets ETF	2.31%	2.75%	3.20%	2.89%	2.71%	3.06%	1.87%	3.15%	2.76%	2.35%	2.28%	2.53%
NESN.SW Nestlé S.A.	4.04%	3.87%	4.01%	3.03%	2.61%	2.16%	2.59%	2.34%	2.94%	2.74%	3.08%	2.95%

Frequently Asked Questions

Can I hold both NESN.SW and IEMG in my portfolio?

NESN.SW and IEMG have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.