Data Source: from January 1976 to September 2023 (~48 years)
Consolidated Returns as of 30 September 2023
Live Update: Oct 02 2023, 04:00PM Eastern Time
Consolidated Returns as of 30 September 2023
Live Update: Oct 02 2023, 04:00PM Eastern Time
Category: Stocks
ETF: iShares MSCI Emerging Markets (EEM)
ETF • LIVE PERFORMANCE (USD currency)
0.50%
1 Day
Oct 02 2023, 04:00PM Eastern Time
0.50%
Current Month
October 2023
In the last 30 Years, the iShares MSCI Emerging Markets (EEM) ETF obtained a 4.83% compound annual return, with a 22.98% standard deviation.
Table of contents
The ETF is related to the following investment themes:
- Asset Class: Equity
- Size: Large Cap
- Style: Blend
- Region: Emerging Markets
- Country: Broad Emerging Markets
The iShares MSCI Emerging Markets (EEM) ETF is part of the following Lazy Portfolios:
| Portfolio Name | Author | EEM Weight▾ |
|---|---|---|
| Emerging Markets Stocks | 100.00% | |
| Mid-Twenties | Burton Malkiel | 17.50% |
| Late Thirties to Early Forties | Burton Malkiel | 16.25% |
| Robo Advisor 100 | Betterment | 15.00% |
| Eliminate Fat Tails | Larry Swedroe | 15.00% |
| Robo Advisor 90 | Betterment | 14.00% |
| Mid-Fifties | Burton Malkiel | 14.00% |
| Robo Advisor 80 | Betterment | 12.80% |
| Paul Boyer Portfolio | Paul Boyer | 12.50% |
| Perfect Portfolio | Ben Stein | 12.00% |
| Pinwheel | 10.00% | |
| Ultimate Buy and Hold Strategy | Paul Merriman | 10.00% |
| Family Taxable Portfolio | Ted Aronson | 10.00% |
| Late Sixties and Beyond | Burton Malkiel | 10.00% |
| Gone Fishin' Portfolio | Alexander Green | 10.00% |
| Long Term Portfolio | Ben Stein | 10.00% |
| Gretchen Tai Portfolio | Gretchen Tai | 10.00% |
| Edge Select Aggressive | Merrill Lynch | 9.00% |
| Robo Advisor 50 | Betterment | 9.00% |
| 7Twelve Portfolio | Craig Israelsen | 8.33% |
| Dedalo Eleven | Dedalo Invest | 8.00% |
| Larry Portfolio | Larry Swedroe | 7.50% |
| Edge Select Moderately Aggressive | Merrill Lynch | 7.00% |
| Ultimate Buy&Hold | FundAdvice | 6.00% |
| Sandwich Portfolio | Bob Clyatt | 6.00% |
| Dimensional 2030 Retirement Income | DFA | 5.20% |
| Lazy Portfolio | David Swensen | 5.00% |
| Yale Endowment | David Swensen | 5.00% |
| Edge Select Moderate | Merrill Lynch | 5.00% |
| Coward's Portfolio | Bill Bernstein | 5.00% |
| Global Market Portfolio | Credit Suisse | 5.00% |
| Sheltered Sam 100/0 | Bill Bernstein | 5.00% |
| GAA Global Asset Allocation | Mebane Faber | 4.50% |
| Sheltered Sam 90/10 | Bill Bernstein | 4.50% |
| Marc Faber Portfolio | Marc Faber | 4.00% |
| Sheltered Sam 80/20 | Bill Bernstein | 4.00% |
| Robo Advisor 20 | Betterment | 3.70% |
| Sheltered Sam 70/30 | Bill Bernstein | 3.50% |
| Edge Select Moderately Conservative | Merrill Lynch | 3.00% |
| Big Rocks Portfolio | Larry Swedroe | 3.00% |
| Sheltered Sam 60/40 | Bill Bernstein | 3.00% |
| Sheltered Sam 50/50 | Bill Bernstein | 2.50% |
| Sheltered Sam 40/60 | Bill Bernstein | 2.00% |
| Robo Advisor 10 | Betterment | 1.90% |
| Sheltered Sam 30/70 | Bill Bernstein | 1.50% |
| Edge Select Conservative | Merrill Lynch | 1.00% |
| Sheltered Sam 20/80 | Bill Bernstein | 1.00% |
| Sheltered Sam 10/90 | Bill Bernstein | 0.50% |
Investment Returns as of Sep 30, 2023
The iShares MSCI Emerging Markets (EEM) ETF guaranteed the following returns.
Returns are calculated in USD, assuming:
- no fees or capital gain taxes.
- the reinvestment of dividends.
ISHARES MSCI EMERGING MARKETS (EEM) ETF
Consolidated returns as of 30 September 2023
Live Update: Oct 02 2023, 04:00PM Eastern Time
Swipe left to see all data
| Chg (%) | Return (%) | Return (%) as of Sep 30, 2023 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Day | Time ET(*) | Oct 2023 | 1M | 6M | 1Y | 5Y | 10Y | 30Y |
MAX
(~48Y) |
|||
| iShares MSCI Emerging Markets (EEM) ETF | -0.50 | -0.50 | -3.11 | -3.07 | 11.32 | -0.25 | 1.39 | 4.83 | 7.31 | |||
| US Inflation Adjusted return | -3.11 | -4.71 | 7.61 | -4.08 | -1.32 | 2.25 | 3.54 | |||||
Returns over 1 year are annualized | Available data source: since Jan 1976
(*) Eastern Time (ET - America/New York)
US Inflation is updated to Aug 2023.
Waiting for updates, inflation of Sep 2023 is set to 0%.
Current inflation (annualized) is
1Y: 3.44%
, 5Y: 3.99%
, 10Y: 2.75%
, 30Y: 2.53%
Live update: World Markets and Indexes
In 2022, the iShares MSCI Emerging Markets (EEM) ETF granted a 1.95% dividend yield. If you are interested in getting periodic income, please refer to the iShares MSCI Emerging Markets (EEM) ETF: Dividend Yield page.
Capital Growth as of Sep 30, 2023
An investment of 1$, since October 1993,
now would be worth 4.12$, with a total return of 312.22% (4.83% annualized).
The Inflation Adjusted Capital now would be 1.95$, with a net total return of 94.82% (2.25% annualized).
The Inflation Adjusted Capital now would be 1.95$, with a net total return of 94.82% (2.25% annualized).
An investment of 1$, since January 1976,
now would be worth 29.09$, with a total return of 2809.13% (7.31% annualized).
The Inflation Adjusted Capital now would be 5.26$, with a net total return of 425.87% (3.54% annualized).
The Inflation Adjusted Capital now would be 5.26$, with a net total return of 425.87% (3.54% annualized).
Readings that may interest you
Investment Metrics as of Sep 30, 2023
Metrics of iShares MSCI Emerging Markets (EEM) ETF, updated as of 30 September 2023.
Metrics are calculated based on monthly returns, assuming:
- no fees or capital gain taxes.
- the reinvestment of dividends.
ISHARES MSCI EMERGING MARKETS (EEM) ETF
Advanced Metrics
Data Source: 1 January 1976 - 30 September 2023 (~48 years)
Swipe left to see all data
| Metrics as of Sep 30, 2023 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | 20Y | 30Y |
MAX
(~48Y) |
|
| Investment Return (%) | -3.11 | -4.07 | -3.07 | 11.32 | -2.92 | -0.25 | 1.39 | 6.57 | 4.83 | 7.31 |
| Infl. Adjusted Return (%) details | -3.11 | -4.67 | -4.71 | 7.61 | -8.12 | -4.08 | -1.32 | 3.91 | 2.25 | 3.54 |
| US Inflation (%) | 0.00 | 0.63 | 1.72 | 3.44 | 5.66 | 3.99 | 2.75 | 2.56 | 2.53 | 3.65 |
| Waiting for updates, inflation of Sep 2023 is temporarily set to 0%. Returns / Inflation rates over 1 year are annualized. | ||||||||||
|
DRAWDOWN
Inflation Adjusted:
Inflation Adjusted:
|
1Y | 3Y | 5Y | 10Y | 20Y | 30Y | MAX | |||
| Deepest Drawdown Depth (%) | -9.54 | -36.52 | -36.52 | -36.52 | -60.44 | -60.44 | -60.44 | |||
| Start to Recovery (# months) details | 2* | 27* | 27* | 27* | 120 | 120 | 120 | |||
| Start (yyyy mm) | 2023 08 | 2021 07 | 2021 07 | 2021 07 | 2007 11 | 2007 11 | 2007 11 | |||
| Start to Bottom (# months) | 2 | 16 | 16 | 16 | 16 | 16 | 16 | |||
| Bottom (yyyy mm) | 2023 09 | 2022 10 | 2022 10 | 2022 10 | 2009 02 | 2009 02 | 2009 02 | |||
| Bottom to End (# months) | 0 | 11 | 11 | 11 | 104 | 104 | 104 | |||
| End (yyyy mm) | - | - | - | - | 2017 10 | 2017 10 | 2017 10 | |||
| Longest Drawdown Depth (%) | -7.66 |
same as deepest |
same as deepest |
-30.19 |
same as deepest |
same as deepest |
same as deepest |
|||
| Start to Recovery (# months) details | 6 | 35 | ||||||||
| Start (yyyy mm) | 2023 02 | 2021 07 | 2021 07 | 2014 09 | 2007 11 | 2007 11 | 2007 11 | |||
| Start to Bottom (# months) | 4 | 16 | 16 | 18 | 16 | 16 | 16 | |||
| Bottom (yyyy mm) | 2023 05 | 2022 10 | 2022 10 | 2016 02 | 2009 02 | 2009 02 | 2009 02 | |||
| Bottom to End (# months) | 2 | 11 | 11 | 17 | 104 | 104 | 104 | |||
| End (yyyy mm) | 2023 07 | - | - | 2017 07 | 2017 10 | 2017 10 | 2017 10 | |||
| Longest negative period (# months) details | 10* | 36* | 60* | 108 | 191* | 191* | 191* | |||
| Period Start (yyyy mm) | 2022 12 | 2020 10 | 2018 10 | 2013 11 | 2007 11 | 2007 11 | 2007 11 | |||
| Period End (yyyy mm) | 2023 09 | 2023 09 | 2023 09 | 2022 10 | 2023 09 | 2023 09 | 2023 09 | |||
| Annualized Return (%) | -2.10 | -2.92 | -0.25 | -0.33 | -0.35 | -0.35 | -0.35 | |||
| Drawdowns / Negative periods marked with * are in progress | ||||||||||
| Deepest Drawdown Depth (%) | -9.93 | -42.25 | -42.25 | -42.25 | -61.05 | -61.05 | -62.07 | |||
| Start to Recovery (# months) details | 2* | 31* | 31* | 31* | 159 | 159 | 131 | |||
| Start (yyyy mm) | 2023 08 | 2021 03 | 2021 03 | 2021 03 | 2007 11 | 2007 11 | 1979 09 | |||
| Start to Bottom (# months) | 2 | 20 | 20 | 20 | 16 | 16 | 100 | |||
| Bottom (yyyy mm) | 2023 09 | 2022 10 | 2022 10 | 2022 10 | 2009 02 | 2009 02 | 1987 12 | |||
| Bottom to End (# months) | 0 | 11 | 11 | 11 | 143 | 143 | 31 | |||
| End (yyyy mm) | - | - | - | - | 2021 01 | 2021 01 | 1990 07 | |||
| Longest Drawdown Depth (%) | -9.17 |
same as deepest |
same as deepest |
-32.49 |
same as deepest |
same as deepest |
-61.05 | |||
| Start to Recovery (# months) details | 6 | 35 | 159 | |||||||
| Start (yyyy mm) | 2023 02 | 2021 03 | 2021 03 | 2018 02 | 2007 11 | 2007 11 | 2007 11 | |||
| Start to Bottom (# months) | 4 | 20 | 20 | 26 | 16 | 16 | 16 | |||
| Bottom (yyyy mm) | 2023 05 | 2022 10 | 2022 10 | 2020 03 | 2009 02 | 2009 02 | 2009 02 | |||
| Bottom to End (# months) | 2 | 11 | 11 | 9 | 143 | 143 | 143 | |||
| End (yyyy mm) | 2023 07 | - | - | 2020 12 | 2021 01 | 2021 01 | 2021 01 | |||
| Longest negative period (# months) details | 10* | 36* | 60* | 120* | 209* | 209* | 209* | |||
| Period Start (yyyy mm) | 2022 12 | 2020 10 | 2018 10 | 2013 10 | 2006 05 | 2006 05 | 2006 05 | |||
| Period End (yyyy mm) | 2023 09 | 2023 09 | 2023 09 | 2023 09 | 2023 09 | 2023 09 | 2023 09 | |||
| Annualized Return (%) | -5.65 | -8.12 | -4.08 | -1.32 | -0.01 | -0.01 | -0.01 | |||
| Drawdowns / Negative periods marked with * are in progress | ||||||||||
|
RISK INDICATORS
|
1Y | 3Y | 5Y | 10Y | 20Y | 30Y | MAX | |||
| Standard Deviation (%) | 22.50 | 18.07 | 19.42 | 17.25 | 21.40 | 22.98 | 24.09 | |||
| Sharpe Ratio | 0.31 | -0.25 | -0.09 | 0.03 | 0.25 | 0.11 | 0.14 | |||
| Sortino Ratio | 0.50 | -0.39 | -0.13 | 0.04 | 0.35 | 0.15 | 0.19 | |||
| Ulcer Index | 5.00 | 19.43 | 16.05 | 16.14 | 19.47 | 22.16 | 22.78 | |||
| Ratio: Return / Standard Deviation | 0.50 | -0.16 | -0.01 | 0.08 | 0.31 | 0.21 | 0.30 | |||
| Ratio: Return / Deepest Drawdown | 1.19 | -0.08 | -0.01 | 0.04 | 0.11 | 0.08 | 0.12 | |||
| % Positive Months details | 41% | 47% | 50% | 50% | 54% | 55% | 55% | |||
| Positive Months | 5 | 17 | 30 | 61 | 130 | 198 | 319 | |||
| Negative Months | 7 | 19 | 30 | 59 | 110 | 162 | 254 | |||
|
LONG TERM RETURNS
Inflation Adjusted:
Inflation Adjusted:
|
1Y | 3Y | 5Y | 10Y | 20Y | 30Y | MAX | |||
| Best 10 Years Return (%) - Annualized | 1.39 | 12.02 | 17.56 | 25.17 | ||||||
| Worst 10 Years Return (%) - Annualized | -0.02 | -0.02 | -2.16 | |||||||
| Best 10 Years Return (%) - Annualized | -1.32 | 9.42 | 14.17 | 20.73 | ||||||
| Worst 10 Years Return (%) - Annualized | -2.30 | -2.30 | -8.04 | |||||||
|
ROLLING PERIOD RETURNS
Inflation Adjusted:
Inflation Adjusted:
|
1Y | 3Y | 5Y | 10Y | 20Y | 30Y | MAX | |||
| Over the latest 30Y | ||||||||||
| Best Rolling Return (%) - Annualized | 86.53 | 45.77 | 38.98 | 17.56 | 10.20 | 4.83 | ||||
| Worst Rolling Return (%) - Annualized | -54.34 | -15.31 | -10.37 | -0.02 | 4.57 | |||||
| % Positive Periods | 59% | 66% | 71% | 99% | 100% | 100% | ||||
| Best Rolling Return (%) - Annualized | 82.62 | 41.87 | 35.09 | 14.17 | 7.85 | 2.25 | ||||
| Worst Rolling Return (%) - Annualized | -54.92 | -17.17 | -12.44 | -2.30 | 2.14 | |||||
| % Positive Periods | 55% | 55% | 60% | 82% | 100% | 100% | ||||
| Over all the available data source (Jan 1976 - Sep 2023) | ||||||||||
| Best Rolling Return (%) - Annualized | 111.70 | 60.25 | 49.02 | 25.17 | 18.64 | 12.59 | ||||
| Worst Rolling Return (%) - Annualized | -54.34 | -18.57 | -10.37 | -2.16 | 4.57 | 4.83 | ||||
| % Positive Periods | 64% | 68% | 73% | 96% | 100% | 100% | ||||
| Best Rolling Return (%) - Annualized | 105.41 | 53.21 | 43.45 | 20.73 | 15.14 | 9.77 | ||||
| Worst Rolling Return (%) - Annualized | -54.92 | -25.88 | -14.65 | -8.04 | 1.52 | 2.25 | ||||
| % Positive Periods | 58% | 59% | 61% | 75% | 100% | 100% | ||||
|
WITHDRAWAL RATES (WR)
|
1Y | 3Y | 5Y | 10Y | 20Y | 30Y | MAX | |||
| Safe WR (%) | 32.90 | 20.24 | 10.27 | 11.12 | 4.82 | 3.69 | ||||
| Perpetual WR (%) | 0.00 | 0.00 | 0.00 | 3.76 | 2.20 | 3.42 | ||||
- Annualized Portfolio Return: it's the annualized geometric mean return of the portfolio
- Deepest/Longest Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. The deepest (or maximum) drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The longest drawdown is the period observed from a peak to the subsequent peak with the greatest duration.
- Longest negative period: it's the maximum period for which an overall negative return has been observed
- Standard Deviation: it's a measure of the dispersion of returns around the mean
- Sharpe Ratio: it's a measure of risk-adjusted performance of the portfolio. It's calculated by dividing the excess return of the portfolio over the risk-free rate by the portfolio standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return
- Sortino Ratio: another measure of risk-adjusted performance of the portfolio. It's a modification of the Sharpe Ratio (same formula but the denominator is the portfolio downside standard deviation)
- Ulcer Index: it's a measure of downside risk that quantifies the depth and duration of drawdowns in an investment portfolio
- Best/Worst 10Y returns: the best and the worst 10-year return over a time frame
- Rolling Returns: N-year returns over a time frame, calculated over all the available data source (best, worst, % of positive returns). Each rolling period, longer than the longest negative period, yielded a non-negative minimum return.
- Safe Withdrawal Rate (SWR): it's the percentage of the original portfolio balance that can be withdrawn at the end of each year with inflation adjustment, without the portfolio running out of money (dollar amount withdrawal).
- Perpetual Withdrawal Rate (PWR): it's the percentage of portfolio balance that can be withdrawn at the end of each year, while retaining the inflation adjusted portfolio balance (percentage withdrawal).
Analyze your Portfolio: Backtest Now!
Explore historical data since 1871 and fine-tune your investment strategy for better results.
Explore historical data since 1871 and fine-tune your investment strategy for better results.
Correlations as of Sep 30, 2023
Correlation measures to what degree the returns of the two assets move in relation to each other.
Correlation coefficient is a numerical value between -1 and +1. If one variable goes up by a certain amount, the correlation coefficient indicates which way the other variable moves and by how much.
Asset correlations are calculated based on monthly returns.
Asset correlations are calculated based on monthly returns.
Monthly correlations of iShares MSCI Emerging Markets (EEM) ETF vs the main Asset Classes, over different timeframes. Columns are sortable (click on table header to sort).
ISHARES MSCI EMERGING MARKETS (EEM) ETF
Monthly correlations as of 30 September 2023
Swipe left to see all data
| Correlation vs EEM | ||||||
|---|---|---|---|---|---|---|
| Asset Class | 1 Year | 5 Years | 10 Years | 30 Years | Since Jan 1992 |
|
|
VTI
|
US Total Stock Market |
0.65
|
0.75
|
0.70
|
0.75
|
0.72
|
|
SPY
|
US Large Cap |
0.65
|
0.73
|
0.69
|
0.72
|
0.70
|
|
IJR
|
US Small Cap |
0.49
|
0.75
|
0.62
|
0.70
|
0.68
|
|
VNQ
|
US REITs |
0.79
|
0.67
|
0.52
|
0.51
|
0.51
|
|
QQQ
|
US Technology |
0.57
|
0.67
|
0.63
|
0.62
|
0.60
|
|
PFF
|
Preferred Stocks |
0.73
|
0.69
|
0.57
|
0.40
|
0.40
|
|
EFA
|
EAFE Stocks |
0.88
|
0.84
|
0.82
|
0.80
|
0.77
|
|
VT
|
World All Countries |
0.82
|
0.83
|
0.81
|
0.84
|
0.81
|
|
VGK
|
Europe |
0.81
|
0.81
|
0.77
|
0.78
|
0.75
|
|
VPL
|
Pacific |
0.97
|
0.87
|
0.86
|
0.75
|
0.72
|
|
FLLA
|
Latin America |
0.54
|
0.64
|
0.71
|
0.84
|
0.82
|
|
BND
|
US Total Bond Market |
0.84
|
0.50
|
0.39
|
0.14
|
0.15
|
|
TLT
|
Long Term Treasuries |
0.80
|
0.14
|
0.08
|
-0.11
|
-0.09
|
|
BIL
|
US Cash |
-0.20
|
-0.08
|
-0.06
|
-0.04
|
-0.04
|
|
TIP
|
TIPS |
0.67
|
0.46
|
0.41
|
0.19
|
0.19
|
|
LQD
|
Invest. Grade Bonds |
0.89
|
0.65
|
0.57
|
0.29
|
0.29
|
|
HYG
|
High Yield Bonds |
0.75
|
0.72
|
0.67
|
0.60
|
0.59
|
|
CWB
|
US Convertible Bonds |
0.70
|
0.76
|
0.71
|
0.73
|
0.72
|
|
BNDX
|
International Bonds |
0.68
|
0.42
|
0.30
|
0.16
|
0.15
|
|
EMB
|
Emerg. Market Bonds |
0.95
|
0.79
|
0.74
|
0.66
|
0.65
|
|
GLD
|
Gold |
0.77
|
0.35
|
0.30
|
0.27
|
0.26
|
|
DBC
|
Commodities |
0.44
|
0.54
|
0.50
|
0.40
|
0.38
|
If you want to learn more about historical correlations, you can find out here how the main asset class are correlated to each other.
Drawdowns
A drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.
ISHARES MSCI EMERGING MARKETS (EEM) ETF
Drawdown periods
Drawdown periods - Inflation Adjusted
Data Source: 1 October 1993 - 30 September 2023 (30 Years)
Data Source: 1 January 1976 - 30 September 2023 (~48 years)
Swipe left to see all data
Drawdown period |
Recovery period |
Total |
|||||
|---|---|---|---|---|---|---|---|
| Drawdown | Start | Bottom | #Months | End | #Months | #Months | Ulcer Index |
| -60.44% | Nov 2007 | Feb 2009 | 16 | Oct 2017 | 104 | 120 | 23.73 |
| -54.22% | Feb 1994 | Aug 1998 | 55 | Jan 2004 | 65 | 120 | 26.65 |
| -36.52% | Jul 2021 | Oct 2022 | 16 | in progress | 11 | 27 | 22.33 |
| -29.69% | Feb 2018 | Mar 2020 | 26 | Nov 2020 | 8 | 34 | 15.17 |
| -11.25% | Apr 2004 | Jul 2004 | 4 | Oct 2004 | 3 | 7 | 7.34 |
| -11.14% | May 2006 | May 2006 | 1 | Nov 2006 | 6 | 7 | 7.49 |
| -9.06% | Mar 2005 | Apr 2005 | 2 | Jul 2005 | 3 | 5 | 5.61 |
| -6.34% | Oct 2005 | Oct 2005 | 1 | Dec 2005 | 2 | 3 | 3.20 |
| -3.85% | Feb 2006 | Feb 2006 | 1 | Apr 2006 | 2 | 3 | 2.12 |
| -3.24% | Feb 2007 | Feb 2007 | 1 | Mar 2007 | 1 | 2 | 1.87 |
| -2.61% | Nov 1993 | Nov 1993 | 1 | Dec 1993 | 1 | 2 | 1.51 |
| -0.73% | Mar 2021 | Mar 2021 | 1 | Apr 2021 | 1 | 2 | 0.42 |
| -0.53% | Jan 2005 | Jan 2005 | 1 | Feb 2005 | 1 | 2 | 0.31 |
| -0.39% | Nov 2017 | Nov 2017 | 1 | Dec 2017 | 1 | 2 | 0.22 |
Swipe left to see all data
Drawdown period |
Recovery period |
Total |
|||||
|---|---|---|---|---|---|---|---|
| Drawdown | Start | Bottom | #Months | End | #Months | #Months | Ulcer Index |
| -61.05% | Nov 2007 | Feb 2009 | 16 | Jan 2021 | 143 | 159 | 27.42 |
| -59.04% | Feb 1994 | Aug 1998 | 55 | Feb 2005 | 78 | 133 | 33.67 |
| -42.25% | Mar 2021 | Oct 2022 | 20 | in progress | 11 | 31 | 26.24 |
| -11.58% | May 2006 | May 2006 | 1 | Nov 2006 | 6 | 7 | 8.05 |
| -10.37% | Mar 2005 | Apr 2005 | 2 | Jul 2005 | 3 | 5 | 6.48 |
| -6.53% | Oct 2005 | Oct 2005 | 1 | Dec 2005 | 2 | 3 | 3.27 |
| -4.04% | Feb 2006 | Feb 2006 | 1 | Apr 2006 | 2 | 3 | 2.38 |
| -3.94% | Jan 2007 | Feb 2007 | 2 | Mar 2007 | 1 | 3 | 1.97 |
| -2.68% | Nov 1993 | Nov 1993 | 1 | Dec 1993 | 1 | 2 | 1.55 |
Swipe left to see all data
Drawdown period |
Recovery period |
Total |
|||||
|---|---|---|---|---|---|---|---|
| Drawdown | Start | Bottom | #Months | End | #Months | #Months | Ulcer Index |
| -60.44% | Nov 2007 | Feb 2009 | 16 | Oct 2017 | 104 | 120 | 23.73 |
| -55.33% | Mar 1987 | Dec 1987 | 10 | Sep 1989 | 21 | 31 | 35.10 |
| -55.05% | Dec 1980 | Jul 1982 | 20 | May 1986 | 46 | 66 | 33.21 |
| -54.22% | Feb 1994 | Aug 1998 | 55 | Jan 2004 | 65 | 120 | 26.65 |
| -36.52% | Jul 2021 | Oct 2022 | 16 | in progress | 11 | 27 | 22.33 |
| -34.47% | Aug 1990 | Sep 1990 | 2 | Feb 1991 | 5 | 7 | 19.05 |
| -29.69% | Feb 2018 | Mar 2020 | 26 | Nov 2020 | 8 | 34 | 15.17 |
| -23.01% | Jun 1992 | Dec 1992 | 7 | Apr 1993 | 4 | 11 | 13.98 |
| -13.68% | Feb 1980 | Mar 1980 | 2 | Nov 1980 | 8 | 10 | 6.61 |
| -11.25% | Apr 2004 | Jul 2004 | 4 | Oct 2004 | 3 | 7 | 7.34 |
| -11.14% | May 2006 | May 2006 | 1 | Nov 2006 | 6 | 7 | 7.49 |
| -10.62% | Jan 1990 | Apr 1990 | 4 | Jun 1990 | 2 | 6 | 6.39 |
| -9.07% | Sep 1986 | Sep 1986 | 1 | Jan 1987 | 4 | 5 | 4.68 |
| -9.06% | Mar 2005 | Apr 2005 | 2 | Jul 2005 | 3 | 5 | 5.61 |
| -7.97% | Feb 1976 | Nov 1976 | 10 | Nov 1977 | 12 | 22 | 4.49 |
Swipe left to see all data
Drawdown period |
Recovery period |
Total |
|||||
|---|---|---|---|---|---|---|---|
| Drawdown | Start | Bottom | #Months | End | #Months | #Months | Ulcer Index |
| -62.07% | Sep 1979 | Dec 1987 | 100 | Jul 1990 | 31 | 131 | 38.56 |
| -61.05% | Nov 2007 | Feb 2009 | 16 | Jan 2021 | 143 | 159 | 27.42 |
| -59.04% | Feb 1994 | Aug 1998 | 55 | Feb 2005 | 78 | 133 | 33.67 |
| -42.25% | Mar 2021 | Oct 2022 | 20 | in progress | 11 | 31 | 26.24 |
| -35.61% | Aug 1990 | Sep 1990 | 2 | May 1991 | 8 | 10 | 17.52 |
| -24.21% | Jun 1992 | Dec 1992 | 7 | Jun 1993 | 6 | 13 | 14.00 |
| -14.62% | Feb 1976 | Feb 1978 | 25 | Aug 1978 | 6 | 31 | 9.17 |
| -11.58% | May 2006 | May 2006 | 1 | Nov 2006 | 6 | 7 | 8.05 |
| -10.37% | Mar 2005 | Apr 2005 | 2 | Jul 2005 | 3 | 5 | 6.48 |
| -9.30% | Sep 1978 | Oct 1978 | 2 | Aug 1979 | 10 | 12 | 4.33 |
| -7.88% | Jun 1991 | Jun 1991 | 1 | Aug 1991 | 2 | 3 | 4.95 |
| -7.72% | Nov 1991 | Nov 1991 | 1 | Dec 1991 | 1 | 2 | 4.46 |
| -6.83% | Feb 1992 | Mar 1992 | 2 | May 1992 | 2 | 4 | 4.26 |
| -6.53% | Oct 2005 | Oct 2005 | 1 | Dec 2005 | 2 | 3 | 3.27 |
| -4.04% | Feb 2006 | Feb 2006 | 1 | Apr 2006 | 2 | 3 | 2.38 |
Rolling Returns
( more details)
A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.
ISHARES MSCI EMERGING MARKETS (EEM) ETF
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Data Source: 1 October 1993 - 30 September 2023 (30 Years)
Data Source: 1 January 1976 - 30 September 2023 (~48 years)
Swipe left to see all data
| Rolling Period |
Worst Period |
15th Percentile |
50th Percentile |
85th Percentile |
Best Period |
Latest | Negative Periods |
|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ann. Return |
From To |
Growth of 1$ |
Ann. Return |
Growth of 1$ |
Ann. Return |
Growth of 1$ |
Ann. Return |
Growth of 1$ |
Ann. Return |
From To |
Growth of 1$ |
|||
| 1Y | -54.34 |
12/2007 11/2008 |
0.45$ | -17.95 | 0.82$ | 5.66 | 1.05$ | 32.01 | 1.32$ | 86.53 |
03/2009 02/2010 |
1.86$ | 11.32 | 40.69% |
| 2Y | -25.90 |
09/1996 08/1998 |
0.54$ | -10.00 | 0.80$ | 2.39 | 1.04$ | 25.58 | 1.57$ | 49.17 |
03/2003 02/2005 |
2.22$ | -11.17 | 43.92% |
| 3Y | -15.31 |
09/1995 08/1998 |
0.60$ | -3.84 | 0.88$ | 3.18 | 1.09$ | 19.07 | 1.68$ | 45.77 |
04/2003 03/2006 |
3.09$ | -2.92 | 33.23% |
| 5Y | -10.37 |
02/1994 01/1999 |
0.57$ | -2.93 | 0.86$ | 3.97 | 1.21$ | 14.90 | 2.00$ | 38.98 |
11/2002 10/2007 |
5.18$ | -0.25 | 28.57% |
| 7Y | -6.71 |
10/1994 09/2001 |
0.61$ | -0.16 | 0.98$ | 4.23 | 1.33$ | 15.99 | 2.82$ | 23.59 |
12/2000 11/2007 |
4.40$ | 2.33 | 16.25% |
| 10Y | -0.02 |
04/2010 03/2020 |
0.99$ | 1.74 | 1.18$ | 7.15 | 1.99$ | 13.52 | 3.55$ | 17.56 |
09/1998 08/2008 |
5.04$ | 1.39 | 0.41% |
| 15Y | -1.21 |
11/2007 10/2022 |
0.83$ | 3.98 | 1.79$ | 7.53 | 2.97$ | 9.42 | 3.85$ | 12.28 |
04/2003 03/2018 |
5.68$ | 2.77 | 1.10% |
| 20Y | 4.57 |
02/1994 01/2014 |
2.44$ | 5.52 | 2.92$ | 7.05 | 3.90$ | 8.57 | 5.17$ | 10.20 |
10/2001 09/2021 |
6.97$ | 6.57 | 0.00% |
| 30Y | 4.83 |
10/1993 09/2023 |
4.12$ | 4.83 | 4.12$ | 4.83 | 4.12$ | 4.83 | 4.12$ | 4.83 |
10/1993 09/2023 |
4.12$ | 4.83 | 0.00% |
| Annualized rolling and percentiles/median returns over full calendar month periods | ||||||||||||||
Swipe left to see all data
| Rolling Period |
Worst Period |
15th Percentile |
50th Percentile |
85th Percentile |
Best Period |
Latest | Negative Periods |
|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ann. Return |
From To |
Growth of 1$ |
Ann. Return |
Growth of 1$ |
Ann. Return |
Growth of 1$ |
Ann. Return |
Growth of 1$ |
Ann. Return |
From To |
Growth of 1$ |
|||
| 1Y | -54.92 |
11/2007 10/2008 |
0.45$ | -19.75 | 0.80$ | 4.10 | 1.04$ | 28.24 | 1.28$ | 82.62 |
03/2009 02/2010 |
1.82$ | 7.61 | 44.41% |
| 2Y | -27.30 |
09/1996 08/1998 |
0.52$ | -11.90 | 0.77$ | 0.75 | 1.01$ | 21.88 | 1.48$ | 46.06 |
03/2009 02/2011 |
2.13$ | -16.03 | 47.77% |
| 3Y | -17.17 |
09/1995 08/1998 |
0.56$ | -5.94 | 0.83$ | 1.11 | 1.03$ | 16.00 | 1.56$ | 41.87 |
04/2003 03/2006 |
2.85$ | -8.12 | 44.31% |
| 5Y | -12.44 |
02/1994 01/1999 |
0.51$ | -5.50 | 0.75$ | 2.09 | 1.10$ | 12.16 | 1.77$ | 35.09 |
11/2002 10/2007 |
4.49$ | -4.08 | 39.20% |
| 7Y | -9.04 |
10/1994 09/2001 |
0.51$ | -2.02 | 0.86$ | 1.89 | 1.14$ | 12.89 | 2.33$ | 20.31 |
12/2000 11/2007 |
3.64$ | -1.12 | 32.49% |
| 10Y | -2.30 |
11/2012 10/2022 |
0.79$ | -0.30 | 0.97$ | 4.72 | 1.58$ | 10.79 | 2.78$ | 14.17 |
09/1998 08/2008 |
3.76$ | -1.32 | 17.84% |
| 15Y | -3.52 |
11/2007 10/2022 |
0.58$ | 1.50 | 1.25$ | 5.19 | 2.13$ | 7.09 | 2.79$ | 10.03 |
04/2003 03/2018 |
4.19$ | 0.48 | 9.94% |
| 20Y | 2.14 |
02/1994 01/2014 |
1.52$ | 3.26 | 1.89$ | 4.78 | 2.54$ | 6.23 | 3.34$ | 7.85 |
10/2001 09/2021 |
4.53$ | 3.91 | 0.00% |
| 30Y | 2.25 |
10/1993 09/2023 |
1.94$ | 2.25 | 1.94$ | 2.25 | 1.94$ | 2.25 | 1.94$ | 2.25 |
10/1993 09/2023 |
1.94$ | 2.25 | 0.00% |
| Annualized rolling and percentiles/median returns over full calendar month periods | ||||||||||||||
Swipe left to see all data
| Rolling Period |
Worst Period |
15th Percentile |
50th Percentile |
85th Percentile |
Best Period |
Latest | Negative Periods |
|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ann. Return |
From To |
Growth of 1$ |
Ann. Return |
Growth of 1$ |
Ann. Return |
Growth of 1$ |
Ann. Return |
Growth of 1$ |
Ann. Return |
From To |
Growth of 1$ |
|||
| 1Y | -54.34 |
12/2007 11/2008 |
0.45$ | -17.44 | 0.82$ | 10.48 | 1.10$ | 34.70 | 1.34$ | 111.70 |
01/1991 12/1991 |
2.11$ | 11.32 | 35.23% |
| 2Y | -29.06 |
08/1980 07/1982 |
0.50$ | -10.86 | 0.79$ | 7.89 | 1.16$ | 33.17 | 1.77$ | 64.67 |
01/1988 12/1989 |
2.71$ | -11.17 | 36.73% |
| 3Y | -18.57 |
10/1979 09/1982 |
0.53$ | -4.92 | 0.85$ | 5.21 | 1.16$ | 27.32 | 2.06$ | 60.25 |
01/1989 12/1991 |
4.11$ | -2.92 | 31.04% |
| 5Y | -10.37 |
02/1994 01/1999 |
0.57$ | -2.87 | 0.86$ | 5.36 | 1.29$ | 22.09 | 2.71$ | 49.02 |
01/1989 12/1993 |
7.34$ | -0.25 | 26.07% |
| 7Y | -8.52 |
12/1980 11/1987 |
0.53$ | -0.17 | 0.98$ | 4.99 | 1.40$ | 20.33 | 3.65$ | 36.13 |
11/1987 10/1994 |
8.66$ | 2.33 | 16.12% |
| 10Y | -2.16 |
01/1978 12/1987 |
0.80$ | 1.75 | 1.18$ | 7.97 | 2.15$ | 16.99 | 4.80$ | 25.17 |
02/1984 01/1994 |
9.44$ | 1.39 | 3.08% |
| 15Y | -1.21 |
11/2007 10/2022 |
0.83$ | 6.19 | 2.46$ | 9.94 | 4.14$ | 12.79 | 6.08$ | 18.23 |
08/1982 07/1997 |
12.33$ | 2.77 | 0.51% |
| 20Y | 4.57 |
02/1994 01/2014 |
2.44$ | 6.49 | 3.51$ | 8.87 | 5.47$ | 12.33 | 10.23$ | 18.64 |
01/1988 12/2007 |
30.52$ | 6.57 | 0.00% |
| 30Y | 4.83 |
10/1993 09/2023 |
4.12$ | 8.26 | 10.81$ | 9.88 | 16.86$ | 11.26 | 24.58$ | 12.59 |
01/1988 12/2017 |
35.05$ | 4.83 | 0.00% |
| Annualized rolling and percentiles/median returns over full calendar month periods | ||||||||||||||
Swipe left to see all data
| Rolling Period |
Worst Period |
15th Percentile |
50th Percentile |
85th Percentile |
Best Period |
Latest | Negative Periods |
|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ann. Return |
From To |
Growth of 1$ |
Ann. Return |
Growth of 1$ |
Ann. Return |
Growth of 1$ |
Ann. Return |
Growth of 1$ |
Ann. Return |
From To |
Growth of 1$ |
|||
| 1Y | -54.92 |
11/2007 10/2008 |
0.45$ | -19.42 | 0.80$ | 5.31 | 1.05$ | 30.73 | 1.30$ | 105.41 |
01/1991 12/1991 |
2.05$ | 7.61 | 41.10% |
| 2Y | -34.66 |
08/1980 07/1982 |
0.42$ | -14.17 | 0.73$ | 3.09 | 1.06$ | 29.25 | 1.67$ | 57.53 |
01/1988 12/1989 |
2.48$ | -16.03 | 43.27% |
| 3Y | -25.88 |
08/1979 07/1982 |
0.40$ | -7.95 | 0.78$ | 1.84 | 1.05$ | 23.55 | 1.88$ | 53.21 |
01/1989 12/1991 |
3.59$ | -8.12 | 40.15% |
| 5Y | -14.65 |
08/1977 07/1982 |
0.45$ | -6.40 | 0.71$ | 2.76 | 1.14$ | 18.72 | 2.35$ | 43.45 |
01/1989 12/1993 |
6.07$ | -4.08 | 38.91% |
| 7Y | -12.35 |
12/1980 11/1987 |
0.39$ | -4.56 | 0.72$ | 2.81 | 1.21$ | 16.52 | 2.91$ | 31.17 |
11/1987 10/1994 |
6.67$ | -1.12 | 34.29% |
| 10Y | -8.04 |
01/1978 12/1987 |
0.43$ | -1.18 | 0.88$ | 5.27 | 1.67$ | 13.33 | 3.49$ | 20.73 |
02/1984 01/1994 |
6.58$ | -1.32 | 24.45% |
| 15Y | -3.52 |
11/2007 10/2022 |
0.58$ | 3.61 | 1.70$ | 6.56 | 2.59$ | 9.45 | 3.87$ | 14.37 |
08/1982 07/1997 |
7.49$ | 0.48 | 4.82% |
| 20Y | 1.52 |
09/1978 08/1998 |
1.35$ | 3.72 | 2.07$ | 5.63 | 2.99$ | 9.16 | 5.76$ | 15.14 |
01/1988 12/2007 |
16.77$ | 3.91 | 0.00% |
| 30Y | 2.25 |
10/1993 09/2023 |
1.94$ | 5.04 | 4.37$ | 6.54 | 6.69$ | 8.22 | 10.69$ | 9.77 |
01/1988 12/2017 |
16.40$ | 2.25 | 0.00% |
| Annualized rolling and percentiles/median returns over full calendar month periods | ||||||||||||||
If you need a deeper detail about rolling returns, please refer to the iShares MSCI Emerging Markets (EEM) ETF: Rolling Returns page.
Seasonality
In which months is it better to invest in iShares MSCI Emerging Markets (EEM) ETF?
Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.
For further information about the seasonality, check the Asset Class Seasonality page.
For further information about the seasonality, check the Asset Class Seasonality page.
Swipe left to see all data
| Monthly Average Return (%) and Gain Frequency | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Return (%) | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| Average Gain Frequency |
3.29
60% |
-3.28
20% |
-3.11
40% |
0.79
60% |
-0.90
60% |
2.61
80% |
0.97
40% |
-1.46
40% |
-3.57
20% |
-0.82
60% |
5.06
60% |
2.05
60% |
| Best |
10.3 2019 |
0.8 2021 |
3.2 2023 |
7.4 2020 |
3.0 2020 |
6.6 2020 |
8.3 2020 |
2.9 2020 |
1.7 2019 |
4.2 2019 |
15.6 2022 |
7.7 2019 |
| Worst |
-6.2 2020 |
-7.6 2023 |
-15.8 2020 |
-6.1 2022 |
-7.3 2019 |
-5.1 2022 |
-6.4 2021 |
-6.6 2023 |
-11.5 2022 |
-8.8 2018 |
-4.1 2021 |
-3.5 2018 |
Monthly Seasonality over the period Feb 1976 - Sep 2023
Swipe left to see all data
| Monthly Average Return (%) and Gain Frequency | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Return (%) | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| Average Gain Frequency |
1.71
50% |
-1.36
40% |
0.40
60% |
1.09
70% |
-0.91
50% |
1.34
70% |
1.46
60% |
-1.38
50% |
-2.69
20% |
1.03
70% |
1.62
30% |
0.55
40% |
| Best |
10.3 2019 |
4.4 2015 |
13.0 2016 |
7.4 2020 |
3.0 2020 |
6.6 2020 |
8.3 2020 |
2.9 2020 |
2.5 2016 |
6.4 2015 |
15.6 2022 |
7.7 2019 |
| Worst |
-8.6 2014 |
-7.6 2023 |
-15.8 2020 |
-6.1 2022 |
-7.3 2019 |
-5.1 2022 |
-6.4 2021 |
-8.8 2015 |
-11.5 2022 |
-8.8 2018 |
-4.4 2016 |
-4.0 2014 |
Monthly Seasonality over the period Feb 1976 - Sep 2023
Swipe left to see all data
| Monthly Average Return (%) and Gain Frequency | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Return (%) | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| Average Gain Frequency |
2.05
56% |
0.08
50% |
-0.14
50% |
2.23
66% |
0.20
50% |
0.53
57% |
1.27
54% |
-0.28
51% |
-0.93
50% |
0.81
62% |
1.40
57% |
2.86
62% |
| Best |
20.8 1988 |
13.7 1991 |
16.9 2009 |
15.6 2009 |
15.9 2009 |
16.1 1988 |
18.4 1987 |
16.9 1989 |
13.4 1989 |
21.3 1990 |
15.6 2022 |
32.8 1991 |
| Worst |
-10.7 1995 |
-13.6 1994 |
-21.6 1987 |
-9.8 2004 |
-12.5 1998 |
-14.6 1992 |
-9.7 1982 |
-26.1 1998 |
-17.9 2011 |
-36.0 1987 |
-9.8 2000 |
-8.1 1994 |
Monthly Seasonality over the period Feb 1976 - Sep 2023
Monthly Returns
This section provides a visual/tabular representation of the performance variability in the iShares MSCI Emerging Markets (EEM) ETF over time. It illustrates the distribution of monthly returns, showcasing the range and frequency of positive and negative returns.
ISHARES MSCI EMERGING MARKETS (EEM) ETF
Monthly Returns Distribution
Data Source: 1 October 1993 - 30 September 2023 (30 Years)
Data Source: 1 January 1976 - 30 September 2023 (~48 years)
198 Positive Months (55%) - 162 Negative Months (45%)
319 Positive Months (56%) - 254 Negative Months (44%)
Swipe left to see all data
(Scroll down to see all data)
Investment Returns, up to December 2003, are simulated.
They have been derived using the historical series of equivalent ETFs / Assets.
They have been derived using the historical series of equivalent ETFs / Assets.
Analyze your Portfolio: Backtest Now!
Explore historical data since 1871 and fine-tune your investment strategy for better results.
Explore historical data since 1871 and fine-tune your investment strategy for better results.
