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SOFI vs. IEMG
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SOFI vs. IEMG

Last updated Jun 9, 2026

SOFI (SoFi Technologies, Inc.) 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 5 years, SOFI returned -6.19%/yr vs 6.57%/yr for IEMG. At a 0.44 correlation, their price movements are largely independent.

Performance

SOFI vs. IEMG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SoFi Technologies, Inc. (SOFI) and iShares Core MSCI Emerging Markets ETF (IEMG). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SOFI achieves a -36.97% return, which is significantly lower than IEMG's 18.97% return.

SOFI

1D
2.93%
1M
4.76%
YTD
-36.97%
6M
-40.24%
1Y
15.87%
3Y*
26.35%
5Y*
-6.19%
10Y*
—

IEMG

1D
1.70%
1M
-3.66%
YTD
18.97%
6M
20.80%
1Y
40.80%
3Y*
20.51%
5Y*
6.57%
10Y*
9.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SOFI vs. IEMG - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
SOFI
SoFi Technologies, Inc.		-36.97%70.00%54.77%115.84%-70.84%27.09%18.70%
IEMG
iShares Core MSCI Emerging Markets ETF		18.97%32.56%6.50%11.52%-19.98%-0.64%7.10%

Correlation

The correlation between SOFI and IEMG is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.39

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

0.41

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

0.46

Correlation (All Time)
Calculated using the full available price history since Dec 1, 2020

0.44

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

SoFi Technologies, Inc.

iShares Core MSCI Emerging Markets ETF

Often compared with SOFI:
SOFI vs. HOODSOFI vs. NUSOFI vs. VOOSOFI vs. SPYSOFI vs. OPFISOFI vs. BACSOFI vs. TSLA
Often compared with IEMG:
IEMG vs. VWOIEMG vs. EEMIEMG vs. IEFAIEMG vs. EMXCIEMG vs. SCHEIEMG vs. IXUSIEMG vs. SPY

Return for Risk

SOFI vs. IEMG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SOFI
SOFI Risk / Return Rank: 5050
Overall Rank
SOFI Sharpe Ratio Rank: 5252
Sharpe Ratio Rank
SOFI Sortino Ratio Rank: 5050
Sortino Ratio Rank
SOFI Omega Ratio Rank: 4848
Omega Ratio Rank
SOFI Calmar Ratio Rank: 5050
Calmar Ratio Rank
SOFI Martin Ratio Rank: 4949
Martin Ratio Rank
IEMG
IEMG Risk / Return Rank: 6767
Overall Rank
IEMG Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
IEMG Sortino Ratio Rank: 6161
Sortino Ratio Rank
IEMG Omega Ratio Rank: 7171
Omega Ratio Rank
IEMG Calmar Ratio Rank: 6868
Calmar Ratio Rank
IEMG Martin Ratio Rank: 6969
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.

SOFI vs. IEMG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SoFi Technologies, Inc. (SOFI) 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.

SOFIIEMGDifference
Sharpe ratioReturn per unit of total volatility
0.28
1.99

-1.71

Sortino ratioReturn per unit of downside risk
0.76
2.58

-1.82

Omega ratioGain probability vs. loss probability

1.09

1.38

-0.29

Calmar ratioReturn relative to maximum drawdown

0.30

3.10

-2.80

Martin ratioReturn relative to average drawdown

0.56

11.68

-11.12

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SOFI vs. IEMG - Sharpe Ratio Comparison

The current SOFI Sharpe Ratio is 0.28, which is lower than the IEMG Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of SOFI 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.

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Sharpe Ratios by Period

SOFIIEMGDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.28

1.99

-1.71

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.09

0.35

-0.45

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.49

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.12

0.33

-0.21

Drawdowns

SOFI vs. IEMG - Drawdown Comparison

The maximum SOFI drawdown since its inception was -83.32%, which is greater than IEMG's maximum drawdown of -38.71%. Use the drawdown chart below to compare losses from any high point for SOFI and IEMG.

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Drawdown Indicators

SOFIIEMGDifference

Max Drawdown

Largest peak-to-trough decline

-83.32%

-38.71%

-44.61%

Max Drawdown (1Y)

Largest decline over 1 year

-52.96%

-13.21%

-39.75%

Max Drawdown (3Y)

Largest decline over 3 years

-52.96%

-17.21%

-35.75%

Max Drawdown (5Y)

Largest decline over 5 years

-81.54%

-35.75%

-45.79%

Max Drawdown (10Y)

Largest decline over 10 years

—

-38.71%

—

Current Drawdown

Current decline from peak

-48.77%

-7.00%

-41.77%

Average Drawdown

Average peak-to-trough decline

-51.23%

-12.97%

-38.26%

Ulcer Index

Depth and duration of drawdowns from previous peaks

28.21%

3.50%

+24.71%

Volatility

SOFI vs. IEMG - Volatility Comparison

SoFi Technologies, Inc. (SOFI) has a higher volatility of 17.24% compared to iShares Core MSCI Emerging Markets ETF (IEMG) at 10.33%. This indicates that SOFI's price experiences larger fluctuations and is considered to be riskier than IEMG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

SOFIIEMGDifference

Volatility (1M)

Calculated over the trailing 1-month period

17.24%

10.33%

+6.91%

Volatility (6M)

Calculated over the trailing 6-month period

38.62%

18.35%

+20.27%

Volatility (1Y)

Calculated over the trailing 1-year period

56.53%

20.62%

+35.91%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

66.71%

18.62%

+48.09%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

71.97%

20.14%

+51.83%

Dividends

SOFI vs. IEMG - Dividend Comparison

SOFI has not paid dividends to shareholders, while IEMG's dividend yield for the trailing twelve months is around 2.31%.

PositionTTM20252024202320222021202020192018201720162015
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%
SOFI
SoFi Technologies, Inc.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

SOFI and IEMG have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SOFI has higher volatility (17.24%) compared to IEMG (10.33%). In terms of maximum drawdown, SOFI dropped -83.32% vs IEMG's -38.71%.

IEMG currently has the higher Sharpe Ratio (1.99 vs 0.28), 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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