SMNEY vs. EEM

Last updated Jun 6, 2026

SMNEY (Siemens Energy AG) is a stock, while EEM (iShares MSCI Emerging Markets ETF) is Emerging Markets Diversified fund tracking the MSCI Emerging Markets Index (Net). At a 0.41 correlation, their price movements are largely independent.

Performance

SMNEY vs. EEM - Performance Comparison

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

Returns By Period

SMNEY

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EEM

• 1D: -6.53%
• 1M: -4.30%
• YTD: 18.06%
• 6M: 19.68%
• 1Y: 41.43%
• 3Y*: 20.37%
• 5Y*: 5.33%
• 10Y*: 8.84%

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

SMNEY vs. EEM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
SMNEY Siemens Energy AG	25.32%	167.97%	298.17%	-29.76%	-27.66%	-31.90%	21.11%
EEM iShares MSCI Emerging Markets ETF	18.06%	33.98%	6.49%	8.95%	-20.56%	-3.63%	3.46%

Correlation

The correlation between SMNEY and EEM is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (3Y) Calculated over the trailing 3-year period	0.39
Correlation (5Y) Calculated over the trailing 5-year period	0.42
Correlation (All Time) Calculated using the full available price history since Dec 15, 2020	0.41

The correlation between SMNEY and EEM shifts across timeframes, from 0.29 (1 year) to 0.42 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

SMNEY vs. EEM — Risk / Return Rank

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

EEM

EEM Risk / Return Rank: 61
EEM Sharpe Ratio Rank: 60
EEM Sortino Ratio Rank: 54
EEM Omega Ratio Rank: 63
EEM Calmar Ratio Rank: 63
EEM Martin Ratio Rank: 65

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.

SMNEY vs. EEM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Siemens Energy AG (SMNEY) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	SMNEY	EEM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.97	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.28	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.43	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.37	—

Drawdowns

Drawdown Indicators

	SMNEY	EEM	Difference
Max Drawdown Largest peak-to-trough decline	—	-66.43%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-13.52%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-17.29%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-37.49%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.82%	—
Current Drawdown Current decline from peak	—	-8.77%	—
Average Drawdown Average peak-to-trough decline	—	-16.02%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.55%	—

Volatility

Volatility by Period

	SMNEY	EEM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	10.49%	—
Volatility (6M) Calculated over the trailing 6-month period	—	18.80%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	21.09%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	19.14%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	20.61%	—

Dividends

SMNEY vs. EEM - Dividend Comparison

SMNEY has not paid dividends to shareholders, while EEM's dividend yield for the trailing twelve months is around 1.88%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EEM iShares MSCI Emerging Markets ETF	1.88%	2.22%	2.43%	2.63%	2.50%	1.99%	1.45%	2.76%	2.24%	1.89%	1.89%	2.49%
SMNEY Siemens Energy AG	0.00%	0.00%	0.00%	0.00%	0.61%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SMNEY and EEM in my portfolio?

SMNEY and EEM have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.