NOEMX vs. EEM
Compare and contrast key facts about Northern Emerging Markets Equity Index Fund (NOEMX) and iShares MSCI Emerging Markets ETF (EEM).
NOEMX is managed by Northern Funds. It was launched on Apr 24, 2006. EEM is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Index. It was launched on Apr 11, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NOEMX or EEM.
Correlation
The correlation between NOEMX and EEM is -0.40. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
NOEMX vs. EEM - Performance Comparison
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Key characteristics
NOEMX:
3.15%
EEM:
12.01%
NOEMX:
-0.59%
EEM:
-1.61%
NOEMX:
-0.42%
EEM:
-0.95%
Returns By Period
NOEMX
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EEM
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NOEMX vs. EEM - Expense Ratio Comparison
NOEMX has a 0.22% expense ratio, which is lower than EEM's 0.68% expense ratio.
Risk-Adjusted Performance
NOEMX vs. EEM — Risk-Adjusted Performance Rank
NOEMX
EEM
NOEMX vs. EEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Northern Emerging Markets Equity Index Fund (NOEMX) 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.
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Dividends
NOEMX vs. EEM - Dividend Comparison
NOEMX's dividend yield for the trailing twelve months is around 2.79%, more than EEM's 2.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NOEMX Northern Emerging Markets Equity Index Fund | 2.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EEM iShares MSCI Emerging Markets ETF | 2.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NOEMX vs. EEM - Drawdown Comparison
The maximum NOEMX drawdown since its inception was -0.59%, smaller than the maximum EEM drawdown of -1.61%. Use the drawdown chart below to compare losses from any high point for NOEMX and EEM. For additional features, visit the drawdowns tool.
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Volatility
NOEMX vs. EEM - Volatility Comparison
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