vs
IEMG vs VEA: Performance & Backtest Comparison
VEA delivered the higher return - 9.00% CAGR vs 6.71% - over 2012-11-30 → 2026-06-30.
Growth comparison
Drawdown
Annual returns
| IEMG | VEA | |
|---|---|---|
| Name | iShares Core MSCI Emerging Markets ETF | Vanguard FTSE Developed Markets ETF |
| CAGR | 6.71% | 9.00% |
| Total return | 143.04% | 224.72% |
| Volatility | 16.47% | 14.77% |
| Max drawdown | -34.56%Oct 2022 | -28.08%Sep 2022 |
| Sharpe | 0.38 | 0.55 |
| Sortino | 0.59 | 0.82 |
| Best year | 37.40% | 35.17% |
| Worst year | -19.97% | -15.36% |
| Final balance | $24,304 | $32,472 |
Correlation of monthly returns: 0.84. Wondering if you need both? Check their fund overlap →
All figures are total returns: every dividend and distribution is reinvested on its ex-date, and prices are split-adjusted. See the methodology.
Frequently asked questions
Which has performed better, IEMG or VEA?
Over 2012-11-30 to 2026-06-30, VEA performed better: 9.00% annualized versus 6.71% for IEMG, with dividends reinvested. Past performance does not guarantee future results.
How similar are IEMG and VEA?
Their monthly returns have a correlation of 0.84 over the common period. IEMG is iShares Core MSCI Emerging Markets ETF; VEA is Vanguard FTSE Developed Markets ETF.
Which is riskier, IEMG or VEA?
Over the common period IEMG had 16.47% annualized volatility and a -34.56% max drawdown, versus 14.77% and -28.08% for VEA.