iShares MSCI Emerging Markets Min Vol Factor ETF (EEMV) Performance
EEMV total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +12.8% since Dec 31, 2025
- 1 year
- +12.2% total return
- 5 years
- +5.0% a year
- 10 years
- +5.6% a year
- Since first price
- +5.2% a year since 2011
EEMV trailing returns vs SPY, QQQ, AGG
| Period | EEMV total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −5.0% | −5.0% | −1.0% | −5.0% | +0.9% |
| 3 months | −0.8% | −0.8% | +3.2% | +1.9% | −0.4% |
| 6 months | +4.1% | +3.2% | +7.8% | +8.4% | −1.5% |
| YTD | +12.8% | +11.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +12.2% | +9.5% | +14.4% | +15.9% | −1.1% |
| 3 years | +52.2%+15.0%/yr | +39.2% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +27.7%+5.0%/yr | +12.1% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +72.3%+5.6%/yr | +33.7% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +110.7%+5.1%/yr | +44.8% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionOct 20, 2011 | +114.2%+5.2%/yr | +47.2% | — | — | — |
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: EEMV vs SPY
From Oct 20, 2011: EEMV grew to $21,424, SPY to $81,114.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
EEMV returns by calendar year
9 of 14 full years positive. Best 2017 (+27.3%), worst 2022 (−13.9%). 2026 is year to date.
EEMV annual returns table
| Year | EEMV | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +12.8% | −9.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +13.5% | −8.7% | +17.7% | +20.8% | +7.2% |
| 2024 | +8.0% | −6.7% | +24.9% | +25.6% | +1.3% |
| 2023 | +7.7% | −10.3% | +26.2% | +54.9% | +5.7% |
| 2022 | −13.9% | −21.9% | −18.2% | −32.6% | −13.0% |
| 2021 | +5.0% | −6.2% | +28.7% | +27.4% | −1.8% |
| 2020 | +6.9% | −28.5% | +18.3% | +48.6% | +7.5% |
| 2019 | +7.8% | −7.0% | +31.2% | +39.0% | +8.5% |
| 2018 | −5.8% | −17.5% | −4.6% | −0.1% | +0.1% |
| 2017 | +27.3% | −2.9% | +21.7% | +32.7% | +3.6% |
| 2016 | +3.3% | −11.0% | +12.0% | +7.1% | +2.4% |
| 2015 | −12.0% | −24.9% | +1.2% | +9.4% | +0.5% |
| 2014 | −0.1% | −13.4% | +13.5% | +19.2% | +6.0% |
| 2013 | −1.3% | −15.1% | +32.3% | +36.6% | −2.0% |
| 2012 | +23.0% | −10.8% | +16.0% | +18.1% | +3.8% |
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.
EEMV largest drawdowns
Now 6.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 26, 2018 | −31.6% | Mar 23, 2020 | Dec 29, 2020 | 2.2 years | 2.9 years |
| Apr 28, 2015 | −28.9% | Jan 21, 2016 | Nov 21, 2017 | 9 months | 2.6 years |
| Jun 1, 2021 | −22.0% | Oct 14, 2022 | Sep 19, 2024 | 1.4 years | 3.3 years |
| May 8, 2013 | −15.9% | Feb 3, 2014 | Jul 22, 2014 | 9 months | 1.2 years |
| Sep 5, 2014 | −13.4% | Dec 16, 2014 | Apr 23, 2015 | 3 months | 8 months |
| Sep 26, 2024 | −12.5% | Apr 7, 2025 | Jun 6, 2025 | 6 months | 8 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
EEMV risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2011 |
|---|---|---|---|---|
| Annualized return | +14.9% | +6.1% | +5.9% | +4.9% |
| Volatility (annualized) | 11.5% | 12.0% | 12.3% | 12.5% |
| Sharpe ratio | 0.89 | 0.26 | 0.34 | 0.32 |
| Sortino ratio | 1.59 | 0.40 | 0.51 | 0.48 |
| Best month | +9.2% | +9.3% | +9.3% | +9.3% |
| Worst month | −6.0% | −7.5% | −12.1% | −12.1% |
| Best 12 months | +27.3% | +27.3% | +38.2% | +38.2% |
| Worst 12 months | +5.4% | −18.9% | −18.9% | −18.9% |
| Positive months | 67% | 55% | 57% | 59% |
| Beta vs S&P 500 | 0.60 | 0.51 | 0.55 | — |
| Correlation with S&P 500 | 0.65 | 0.67 | 0.69 | — |
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.
EEMV rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 169 | −18.9% | +5.9% | +38.2% | 68% |
| 3-year (a year) | 145 | −6.0% | +3.0% | +15.1% | 78% |
| 5-year (a year) | 121 | −2.0% | +3.0% | +8.5% | 93% |
| 10-year (a year) | 61 | +0.9% | +2.6% | +6.9% | 100% |
Every holding period starting at a month-end since 2011. Returns for 3 years and longer are annualized.
EEMV performance overview
iShares MSCI Emerging Markets Min Vol Factor ETF (EEMV) returned +12.2% over the past year and +5.6% a year over ten years, with distributions reinvested. Since its first recorded price in 2011 it has returned +5.2% a year, turning $10,000 into about $21,424. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −31.6%, from Jan 26, 2018 to Mar 23, 2020, and it took 9 months to get back to the old high. EEMV finished 9 of its 14 full calendar years with a gain; the best year was 2017 (+27.3%) and the worst 2022 (−13.9%). Volatility has been 12.5% a year.
Related: EEMV chart, EEMV holdings, EEMV dividends. See the EEMV overview for the latest quote and fund facts.
EEMV performance FAQ
What is the EEMV return over the past year?
EEMV returned +12.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 9.5%.
What is the average annual return of EEMV?
EEMV has returned +5.0% a year over 5 years, +5.6% a year over 10 years, +5.2% a year since October 20, 2011 (total return, distributions reinvested).
How much would $10,000 invested in EEMV be worth?
$10,000 invested in EEMV at its first recorded close on October 20, 2011 would be worth about $21,424 on October 23, 2026 with distributions reinvested.
What was the worst year for EEMV?
The worst calendar year was 2022, with a total return of −13.9%. The best was 2017 at +27.3%.
What is the biggest drawdown of EEMV?
The largest peak-to-trough decline was −31.6% between January 26, 2018 and March 23, 2020. It recovered to the old high on December 29, 2020, 9 months after the bottom.
How volatile is EEMV?
Over the past 3 years EEMV had an annualized volatility of 11.5% and a Sharpe ratio of 0.89 (excess return over 1–3 month T-bills per unit of risk).