iShares ESG Advanced MSCI EM ETF (EMXF) Performance
EMXF total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +15.8% since Dec 31, 2025
- 1 year
- +18.1% total return
- 5 years
- +6.4% a year
- Since first price
- +9.0% a year since 2020
EMXF trailing returns vs SPY, QQQ, AGG
| Period | EMXF total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −8.2% | −8.2% | −1.0% | −5.0% | +0.9% |
| 3 months | −3.2% | −3.2% | +3.2% | +1.9% | −0.4% |
| 6 months | +3.5% | +2.6% | +7.8% | +8.4% | −1.5% |
| YTD | +15.8% | +14.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +18.1% | +14.5% | +14.4% | +15.9% | −1.1% |
| 3 years | +77.1%+21.0%/yr | +62.1% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +36.3%+6.4%/yr | +19.3% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionOct 13, 2020 | +68.4%+9.0%/yr | +46.2% | — | — | — |
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: EMXF vs SPY
From Oct 13, 2020: EMXF grew to $16,839, SPY to $23,534.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
EMXF returns by calendar year
4 of 5 full years positive. Best 2025 (+29.4%), worst 2022 (−19.0%). 2026 is year to date.
EMXF annual returns table
| Year | EMXF | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +15.8% | −12.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +29.4% | −13.4% | +17.7% | +20.8% | +7.2% |
| 2024 | +8.0% | −8.6% | +24.9% | +25.6% | +1.3% |
| 2023 | +6.6% | −14.1% | +26.2% | +54.9% | +5.7% |
| 2022 | −19.0% | −30.3% | −18.2% | −32.6% | −13.0% |
| 2021 | +4.5% | −10.0% | +28.7% | +27.4% | −1.8% |
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.
EMXF largest drawdowns
Now 10.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 17, 2021 | −33.1% | Oct 24, 2022 | Jun 24, 2025 | 1.7 years | 4.3 years |
| Feb 25, 2026 | −12.5% | Mar 30, 2026 | Apr 17, 2026 | 33 days | 51 days |
| Jun 22, 2026 | −11.1% | Jul 29, 2026 | not yet | 37 days | 4 months so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
EMXF risk statistics
| Statistic | 3 years | 5 years | Since 2020 |
|---|---|---|---|
| Annualized return | +22.7% | +8.6% | +10.7% |
| Volatility (annualized) | 13.7% | 16.5% | 16.2% |
| Sharpe ratio | 1.25 | 0.36 | 0.52 |
| Sortino ratio | 2.38 | 0.58 | 0.85 |
| Best month | +11.8% | +14.8% | +14.8% |
| Worst month | −8.2% | −10.8% | −10.8% |
| Best 12 months | +47.5% | +47.5% | +47.5% |
| Worst 12 months | +8.0% | −28.1% | −28.1% |
| Positive months | 67% | 53% | 56% |
| Beta vs S&P 500 | 0.72 | 0.70 | — |
| Correlation with S&P 500 | 0.66 | 0.66 | — |
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.
EMXF rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 61 | −28.1% | +8.9% | +47.5% | 70% |
| 3-year (a year) | 37 | −6.1% | +3.0% | +22.8% | 57% |
| 5-year (a year) | 13 | +4.5% | +6.8% | +8.6% | 100% |
Every holding period starting at a month-end since 2020. Returns for 3 years and longer are annualized.
EMXF performance overview
iShares ESG Advanced MSCI EM ETF (EMXF) returned +18.1% over the past year and +6.4% a year over five years, with distributions reinvested. Since its first recorded price in 2020 it has returned +9.0% a year, turning $10,000 into about $16,839. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −33.1%, from Feb 17, 2021 to Oct 24, 2022, and it took 2.7 years to get back to the old high. EMXF finished 4 of its 5 full calendar years with a gain; the best year was 2025 (+29.4%) and the worst 2022 (−19.0%). Volatility has been 16.2% a year.
Related: EMXF chart, EMXF holdings, EMXF dividends. See the EMXF overview for the latest quote and fund facts.
EMXF performance FAQ
What is the EMXF return over the past year?
EMXF returned +18.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 14.5%.
What is the average annual return of EMXF?
EMXF has returned +6.4% a year over 5 years, +9.0% a year since October 13, 2020 (total return, distributions reinvested).
How much would $10,000 invested in EMXF be worth?
$10,000 invested in EMXF at its first recorded close on October 13, 2020 would be worth about $16,839 on October 23, 2026 with distributions reinvested.
What was the worst year for EMXF?
The worst calendar year was 2022, with a total return of −19.0%. The best was 2025 at +29.4%.
What is the biggest drawdown of EMXF?
The largest peak-to-trough decline was −33.1% between February 17, 2021 and October 24, 2022. It recovered to the old high on June 24, 2025, 2.7 years after the bottom.
How volatile is EMXF?
Over the past 3 years EMXF had an annualized volatility of 13.7% and a Sharpe ratio of 1.25 (excess return over 1–3 month T-bills per unit of risk).