iShares MSCI Emerging Markets Asia ETF (EEMA) Performance
EEMA total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +13.4% since Dec 31, 2025
- 1 year
- +14.0% total return
- 5 years
- +6.0% a year
- 10 years
- +8.4% a year
- Since first price
- +6.5% a year since 2012
EEMA trailing returns vs SPY, QQQ, AGG
| Period | EEMA total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −9.8% | −9.8% | −1.0% | −5.0% | +0.9% |
| 3 months | −4.9% | −4.9% | +3.2% | +1.9% | −0.4% |
| 6 months | +0.4% | +0.1% | +7.8% | +8.4% | −1.5% |
| YTD | +13.4% | +13.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +14.0% | +12.2% | +14.4% | +15.9% | −1.1% |
| 3 years | +83.1%+22.3%/yr | +73.6% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +33.8%+6.0%/yr | +21.7% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +124.6%+8.4%/yr | +87.6% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionFeb 9, 2012 | +151.6%+6.5%/yr | +93.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: EEMA vs SPY
From Feb 9, 2012: EEMA grew to $25,157, SPY to $72,445.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
EEMA returns by calendar year
9 of 13 full years positive. Best 2017 (+43.4%), worst 2022 (−21.5%). 2026 is year to date.
EEMA annual returns table
| Year | EEMA | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +13.4% | −14.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +33.3% | −16.4% | +17.7% | +20.8% | +7.2% |
| 2024 | +10.2% | −11.5% | +24.9% | +25.6% | +1.3% |
| 2023 | +6.8% | −14.8% | +26.2% | +54.9% | +5.7% |
| 2022 | −21.5% | −35.8% | −18.2% | −32.6% | −13.0% |
| 2021 | −4.2% | −18.2% | +28.7% | +27.4% | −1.8% |
| 2020 | +25.2% | −30.7% | +18.3% | +48.6% | +7.5% |
| 2019 | +18.6% | −14.2% | +31.2% | +39.0% | +8.5% |
| 2018 | −15.8% | −27.6% | −4.6% | −0.1% | +0.1% |
| 2017 | +43.4% | −6.1% | +21.7% | +32.7% | +3.6% |
| 2016 | +5.7% | −10.5% | +12.0% | +7.1% | +2.4% |
| 2015 | −11.4% | −31.5% | +1.2% | +9.4% | +0.5% |
| 2014 | +3.3% | −10.7% | +13.5% | +19.2% | +6.0% |
| 2013 | +1.7% | −17.4% | +32.3% | +36.6% | −2.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
EEMA largest drawdowns
Now 12.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 17, 2021 | −44.2% | Oct 24, 2022 | Sep 17, 2025 | 1.7 years | 4.6 years |
| Jan 26, 2018 | −34.7% | Mar 23, 2020 | Oct 9, 2020 | 2.2 years | 2.7 years |
| Apr 28, 2015 | −31.5% | Aug 24, 2015 | May 25, 2017 | 4 months | 2.1 years |
| Jan 2, 2013 | −17.4% | Jun 24, 2013 | May 14, 2014 | 6 months | 1.4 years |
| Feb 17, 2012 | −16.1% | Jun 4, 2012 | Dec 7, 2012 | 4 months | 10 months |
| Feb 25, 2026 | −14.3% | Mar 30, 2026 | Apr 17, 2026 | 33 days | 51 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
EEMA risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2012 |
|---|---|---|---|---|
| Annualized return | +24.7% | +8.6% | +9.2% | +7.2% |
| Volatility (annualized) | 16.3% | 19.4% | 18.0% | 17.0% |
| Sharpe ratio | 1.18 | 0.34 | 0.45 | 0.40 |
| Sortino ratio | 2.22 | 0.56 | 0.72 | 0.62 |
| Best month | +14.7% | +19.9% | +19.9% | +19.9% |
| Worst month | −10.1% | −13.0% | −13.0% | −13.0% |
| Best 12 months | +55.9% | +55.9% | +61.4% | +61.4% |
| Worst 12 months | +9.2% | −34.6% | −34.6% | −34.6% |
| Positive months | 69% | 55% | 60% | 58% |
| Beta vs S&P 500 | 0.87 | 0.75 | 0.75 | — |
| Correlation with S&P 500 | 0.66 | 0.60 | 0.64 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
EEMA rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 165 | −34.6% | +7.7% | +61.4% | 71% |
| 3-year (a year) | 141 | −10.0% | +5.5% | +24.8% | 78% |
| 5-year (a year) | 117 | −3.9% | +4.8% | +16.6% | 92% |
| 10-year (a year) | 57 | +2.1% | +4.3% | +10.8% | 100% |
Every holding period starting at a month-end since 2012. Returns for 3 years and longer are annualized.
EEMA performance overview
iShares MSCI Emerging Markets Asia ETF (EEMA) returned +14.0% over the past year and +8.4% a year over ten years, with distributions reinvested. Since its first recorded price in 2012 it has returned +6.5% a year, turning $10,000 into about $25,157. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −44.2%, from Feb 17, 2021 to Oct 24, 2022, and it took 2.9 years to get back to the old high. EEMA finished 9 of its 13 full calendar years with a gain; the best year was 2017 (+43.4%) and the worst 2022 (−21.5%). Volatility has been 17.0% a year.
Related: EEMA chart, EEMA holdings, EEMA dividends. See the EEMA overview for the latest quote and fund facts.
EEMA performance FAQ
What is the EEMA return over the past year?
EEMA returned +14.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 12.2%.
What is the average annual return of EEMA?
EEMA has returned +6.0% a year over 5 years, +8.4% a year over 10 years, +6.5% a year since February 9, 2012 (total return, distributions reinvested).
How much would $10,000 invested in EEMA be worth?
$10,000 invested in EEMA at its first recorded close on February 9, 2012 would be worth about $25,157 on October 23, 2026 with distributions reinvested.
What was the worst year for EEMA?
The worst calendar year was 2022, with a total return of −21.5%. The best was 2017 at +43.4%.
What is the biggest drawdown of EEMA?
The largest peak-to-trough decline was −44.2% between February 17, 2021 and October 24, 2022. It recovered to the old high on September 17, 2025, 2.9 years after the bottom.
How volatile is EEMA?
Over the past 3 years EEMA had an annualized volatility of 16.3% and a Sharpe ratio of 1.18 (excess return over 1–3 month T-bills per unit of risk).