VanEck Funds

10-Year Study

EMBX.US · · US · ETF

Executive Summary: VanEck Funds has compounded at 5.3% annually over the last 10 years, with a maximum drawdown of 22.4% and an annualized volatility of 13.6%.

1Y CAGR
+15.8%
3Y CAGR
+10.9%
5Y CAGR
+4.2%
10Y CAGR
+5.3%

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 →
22.4%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.13
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.14
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
11.4%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2025 · +18.8%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -7.2%
% 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.
20262.21.0-4.23.6————————2.6%
20252.31.3-0.31.31.83.8-0.12.81.70.81.50.618.8%
2024-0.80.10.8-1.51.70.41.92.53.3-2.7-0.7-1.63.1%
20234.8-2.81.50.8-1.12.91.6-2.6-2.4-1.25.83.811.0%
2022-1.3-1.9-0.8-4.90.3-6.42.91.4-6.0-2.610.12.9-7.2%
2021-0.7-0.8-2.13.11.5-1.0-0.70.9-2.7-0.0-1.90.0-4.3%
20200.5-0.6-19.93.510.47.04.82.4-1.7-0.04.83.311.6%
20195.30.20.40.3-0.54.02.0-5.72.30.30.04.313.1%
20181.6-0.61.8-2.0-3.9-2.73.3-3.01.4-0.9-1.40.4-6.2%
20171.73.10.60.50.50.81.21.61.50.5-1.91.312.0%
2016———1.3-0.61.81.2-0.60.3-0.0-2.51.42.1%

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 13.6%. The dominant macroeconomic risk driver is SHV.US, accounting for 56.5% of variance. Idiosyncratic stock-specific factors contribute 5.3%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110126.616318212598
2016-05-0110061.623397451474
2016-06-0110244.80882815107
2016-07-0110370.51796701107
2016-08-0110306.853416016253
2016-09-0110340.743044688303
2016-10-0110336.271946450499
2016-11-0110073.027937884133
2016-12-0110209.461232662345
2017-01-0110387.916371023395
2017-02-0110707.178704612685
2017-03-0110768.413310913045
2017-04-0110825.727606439677
2017-05-0110875.914064195897
2017-06-0110962.938483520116
2017-07-0111089.068812793821
2017-08-0111270.504683313407
2017-09-0111443.063155882572
2017-10-0111501.608623387734
2017-11-0111286.47751977165
2017-12-0111431.140227248428
2018-01-0111612.316903667272
2018-02-0111541.427317114263
2018-03-0111744.408697258052
2018-04-0111505.690930474424
2018-05-0111060.039073510685
2018-06-0110759.697909275585
2018-07-0111114.858625817677
2018-08-0110781.081422586822
2018-09-0110927.493690243611
2018-10-0110831.138283292672
2018-11-0110680.02812255993
2018-12-0110721.207585315358
2019-01-0111292.30938703835
2019-02-0111314.826874540337
2019-03-0111357.561501900218
2019-04-0111393.978273054507
2019-05-0111336.080790801201
2019-06-0111789.508470787205
2019-07-0112024.143930484144
2019-08-0111337.571156880469
2019-09-0111592.942144636789
2019-10-0111627.18816519736
2019-11-0111629.326516528485
2019-12-0112125.618420924742
2020-01-0112188.47299035474
2020-02-0112112.59391736244
2020-03-019698.524861574151
2020-04-0110038.74951806097
2020-05-0111078.603850976355
2020-06-0111859.134486099096
2020-07-0112430.787075286167
2020-08-0112724.680786265306
2020-09-0112503.977009483264
2020-10-0112501.547064788807
2020-11-0113097.401903132684
2020-12-0113530.1264543219
2021-01-0113433.933043683928
2021-02-0113330.38500043739
2021-03-0113053.695297895021
2021-04-0113460.954028686307
2021-05-0113663.190225790462
2021-06-0113528.150099303739
2021-07-0113437.82095519506
2021-08-0113563.854086680987
2021-09-0113203.963077800352
2021-10-0113199.880770713658
2021-11-0112946.907328389208
2021-12-0112949.110478245515
2022-01-0112778.949551108219
2022-02-0112534.561913370853
2022-03-0112429.523504045048
2022-04-0111821.810535592213
2022-05-0111858.583698635019
2022-06-0111095.419068262006
2022-07-0111418.666511150206
2022-08-0111573.502587081119
2022-09-0110881.033147685559
2022-10-0110603.501064315777
2022-11-0111672.741528402814
2022-12-0112015.817319997797
2023-01-0112591.13102585785
2023-02-0112240.311810503195
2023-03-0112427.838742390224
2023-04-0112525.392922057095
2023-05-0112385.460506918864
2023-06-0112739.130857381686
2023-07-0112946.453738712906
2023-08-0112603.507544168295
2023-09-0112297.107717828343
2023-10-0112143.988802814849
2023-11-0112845.432837948609
2023-12-0113335.180091301125
2024-01-0113222.949045679721
2024-02-0113230.368476813468
2024-03-0113332.458553243328
2024-04-0113135.114644790687
2024-05-0113352.870088676782
2024-06-0113411.05916429342
2024-07-0113660.95467667156
2024-08-0114006.395614435816
2024-09-0114463.581608882583
2024-10-0114079.520750107728
2024-11-0113977.68986777861
2024-12-0113749.923051751342
2025-01-0114064.29309668912
2025-02-0114244.303399654626
2025-03-0114205.975072007363
2025-04-0114388.93370786881
2025-05-0114651.30293634517
2025-06-0115201.993202634709
2025-07-0115181.87326056459
2025-08-0115605.169626339306
2025-09-0115870.61678476198
2025-10-0115997.330300762356
2025-11-0116238.154019614512
2025-12-0116337.198565360653
2026-01-0116701.819866579837
2026-02-0116873.859950947517
2026-03-0116172.091923187829
2026-04-0116758.259382016466
Annual Return Matrix
YearAnnual Return
20170.11966145585407184
2018-0.062105146802486355
20190.13099371730596654
20200.11582980633576989
2021-0.04294239067446337
2022-0.07207392042995153
20230.10980216627524153
20240.031101414274919748
20250.18816654492330165
20260.025773134541474008
Total Factor Risk
0.1358901549788238
VTI.US Exposure
0.27747458499573113
VEA.US Exposure
0.050500871793258184
VWO.US Exposure
0.09585419766648236
QQQ.US Exposure
-0.0659510208615658
VTV.US Exposure
-0.04658793007947961
IJR.US Exposure
-0.01790905207135018
QUAL.US Exposure
-0.03557081515717958
SHV.US Exposure
0.5651329348867818
TLT.US Exposure
0.04406506006681267
LQD.US Exposure
0.01969506033263365
HYG.US Exposure
-0.008499362114160774
GLD.US Exposure
-0.007905119725731496
USO.US Exposure
-0.001698079550560519
VNQ.US Exposure
0.003379435788442547
BTC-USD.CC Exposure
-0.00318449108281316
CPER.US Exposure
0.024146454620513586
VIX.INDX Exposure
-0.01838259516417845
UUP.US Exposure
0.07121179065986523
TIP.US Exposure
0.0008533855084686879
Idiosyncratic Exposure
0.05337468948802957
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
70.3
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
13.6%

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 →5.86%
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
$134
Avg Yield on Cost
1.34%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$134.131.34%Solid

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 →
+1.1%
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 →
+4.3%
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 →
1.3% 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 →
0.95
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is VanEck Funds a high-risk investment?

VanEck Funds (EMBX.US) has an annualized volatility of 13.6% and experienced a maximum drawdown of 22.4% over the last 10 years. Its primary macro risk driver is SHV.US.

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

Over the past 10 years, EMBX.US has generated a Compound Annual Growth Rate (CAGR) of 5.3%. 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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