iShares MSCI Emerging Markets Asia ETF

10-Year Study

EEMA.US · · US · ETF

Executive Summary: iShares MSCI Emerging Markets Asia ETF has compounded at 9.7% annually over the last 10 years, with a maximum drawdown of 39.6% and an annualized volatility of 17.4%.

1Y CAGR
+44.3%
3Y CAGR
+21.0%
5Y CAGR
+4.9%
10Y CAGR
+9.7%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
39.6%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.37
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.60
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
17.5%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2017 · +43.4%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -21.5%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
70%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20267.05.9-10.110.5————————12.6%
20251.01.11.2-0.74.57.71.62.07.34.5-3.02.333.3%
2024-5.35.13.40.62.83.30.90.56.5-3.3-2.6-1.610.2%
20239.8-7.63.5-2.1-1.53.06.9-7.0-3.6-3.57.03.56.8%
2022-1.8-3.8-4.8-5.21.0-3.1-1.5-1.7-13.0-5.119.9-1.9-21.5%
20214.31.4-1.90.60.80.7-7.12.1-3.71.2-3.31.3-4.2%
2020-6.2-1.7-12.77.42.47.09.04.1-1.53.37.66.325.2%
20198.70.22.12.1-9.56.3-2.7-2.81.93.90.97.518.6%
20188.2-7.00.9-1.9-0.7-4.81.9-1.7-2.1-10.45.5-3.6-15.8%
20177.72.73.62.14.71.55.21.80.24.80.32.343.4%
2016———-1.5-0.73.74.52.72.6-2.5-3.7-1.73.0%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 17.4%. The dominant macroeconomic risk driver is VWO.US, accounting for 75.2% of variance. Idiosyncratic stock-specific factors contribute 2.6%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-019854.992487618483
2016-05-019789.259149338726
2016-06-0110148.392721337019
2016-07-0110603.054107696018
2016-08-0110884.791600971972
2016-09-0111162.63378531283
2016-10-0110878.22986032535
2016-11-0110480.630112592979
2016-12-0110301.84006974458
2017-01-0111094.744115301144
2017-02-0111393.801821520656
2017-03-0111805.985791396934
2017-04-0112058.809890374878
2017-05-0112623.490567787652
2017-06-0112808.21631948953
2017-07-0113477.861660885534
2017-08-0113720.831555712191
2017-09-0113746.522045593665
2017-10-0114400.354287622193
2017-11-0114445.799558531653
2017-12-0114773.237372706872
2018-01-0115985.14217877613
2018-02-0114871.385246053682
2018-03-0115011.593181354454
2018-04-0114729.160097197233
2018-05-0114625.30837862403
2018-06-0113919.376379588582
2018-07-0114176.953682921854
2018-08-0113941.496169612881
2018-09-0113651.736194839645
2018-10-0112233.032219769619
2018-11-0112909.16974272412
2018-12-0112444.932388566342
2019-01-0113528.871658845133
2019-02-0113551.385617035485
2019-03-0113835.65042384671
2019-04-0114132.204002893657
2019-05-0112796.692697223201
2019-06-0113596.714956131402
2019-07-0113226.776539110757
2019-08-0112850.693735972249
2019-09-0113099.367476025302
2019-10-0113604.505574001596
2019-11-0113726.187605497951
2019-12-0114759.348741444232
2020-01-0113840.079019124114
2020-02-0113604.41282855076
2020-03-0111875.730370425332
2020-04-0112753.635621672756
2020-05-0113065.7936228228
2020-06-0113975.232327354342
2020-07-0115235.248836044595
2020-08-0115861.048765558051
2020-09-0115630.831370221289
2020-10-0116154.07801747324
2020-11-0117374.329914117716
2020-12-0118475.311160987552
2021-01-0119267.31093839847
2021-02-0119529.177718832892
2021-03-0119161.69705625939
2021-04-0119282.08065144405
2021-05-0119427.806941069543
2021-06-0119561.429949360983
2021-07-0118165.703659735493
2021-08-0118540.02429930812
2021-09-0117852.710949527926
2021-10-0118064.193763795887
2021-11-0117463.597410547012
2021-12-0117696.295746693628
2022-01-0117385.64485911966
2022-02-0116729.841776260877
2022-03-0115931.628053643972
2022-04-0115096.756691584278
2022-05-0115241.300476711618
2022-06-0114762.131104969301
2022-07-0114538.869618445216
2022-08-0114298.241546252157
2022-09-0112440.503793288939
2022-10-0111807.539277698428
2022-11-0114161.67386989668
2022-12-0113893.848194246073
2023-01-0115249.879430913912
2023-02-0114091.326445437853
2023-03-0114580.62825768396
2023-04-0114277.837547068317
2023-05-0114067.189441857878
2023-06-0114486.422065997664
2023-07-0115482.90237613845
2023-08-0114393.81573333828
2023-09-0113882.370944705162
2023-10-0113401.764018474893
2023-11-0114336.499044721857
2023-12-0114839.573556417059
2024-01-0114056.175919571146
2024-02-0114778.964404295968
2024-03-0115288.507911186956
2024-04-0115373.787353230326
2024-05-0115807.024540446293
2024-06-0116325.63391515646
2024-07-0116478.77984084881
2024-08-0116564.3838919701
2024-09-0117647.813062269295
2024-10-0117057.67375860214
2024-11-0116620.70356699004
2024-12-0116357.886145684555
2025-01-0116526.821984381666
2025-02-0116707.188699894272
2025-03-0116910.370796312443
2025-04-0116784.8166422437
2025-05-0117533.64341229063
2025-06-0118889.860139860142
2025-07-0119189.61343696092
2025-08-0119567.180167312796
2025-09-0120995.089128378255
2025-10-0121949.3006993007
2025-11-0121301.42735248836
2025-12-0121799.818218916364
2026-01-0123325.480885162582
2026-02-0124695.794921259116
2026-03-0122198.623657509597
2026-04-0124538.127654838532
Annual Return Matrix
YearAnnual Return
20170.434038703056002
2018-0.15760289538446093
20190.18597259355175266
20200.2517700804174987
2021-0.04216521213125202
2022-0.2148725138230131
20230.0680679210647086
20240.10231510922434395
20250.3326794198691416
20260.1256115720059563
Total Factor Risk
0.17368311959683067
VTI.US Exposure
-0.11215725060058307
VEA.US Exposure
0.10184796179703726
VWO.US Exposure
0.7524830684276638
QQQ.US Exposure
0.05282450281672955
VTV.US Exposure
0.007163438295498225
IJR.US Exposure
-0.004696256898297308
QUAL.US Exposure
0.060833796781868815
SHV.US Exposure
0.1238342333225143
TLT.US Exposure
-0.005153891134413741
LQD.US Exposure
0.07169627119326524
HYG.US Exposure
-0.037414332427391596
GLD.US Exposure
0.011192010316778647
USO.US Exposure
-0.00442820277864516
VNQ.US Exposure
0.018263718462921553
BTC-USD.CC Exposure
-0.0023692272585894795
CPER.US Exposure
-0.010033369850133391
VIX.INDX Exposure
-0.019157723368638576
UUP.US Exposure
-0.023778888251378645
TIP.US Exposure
-0.007055461265362912
Idiosyncratic Exposure
0.026105602419156475
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
17.4%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$0
Avg Yield on Cost
0.00%

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+5.2%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+13.8%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
1.9% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.93
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is iShares MSCI Emerging Markets Asia ETF a high-risk investment?

iShares MSCI Emerging Markets Asia ETF (EEMA.US) has an annualized volatility of 17.4% and experienced a maximum drawdown of 39.6% over the last 10 years. Its primary macro risk driver is VWO.US.

What is the 10-year return of EEMA.US?

Over the past 10 years, EEMA.US has generated a Compound Annual Growth Rate (CAGR) of 9.7%. It has had a positive return in 70% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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