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EEM — iShares MSCI Emerging Markets ETF

Data as of 2026-09-29 · International · Countries · window 2016-09-29 → 2026-09-29 (10.0 years) · returns assume dividends reinvested, net of fund fees · Market Data from Tiingo.com

What the history says

EEM
Total return+125.2%
Annualised (CAGR)+8.5%
Volatility (annualised)+17.1%
Sharpe (rf = 0)0.49
Deepest drawdown-39.8%
Drawdown peak → trough2021-02-17 → 2022-10-24
Fee (annual expense ratio)0.69%
Dividend yield (12m distributions)1.65% (as of 2026-09-29)

Over the 10.0 years to 2026-09-29 the fund returned +125.2% in total (+8.5% a year), with a deepest drawdown of -39.8% from 2021-02-17 to 2022-10-24. Its worst calendar year was 2022 (-20.6%), its best 2017 (+37.3%).

Every calendar year

Calendar-year returns (net of fees, dividends reinvested)
YearEEM
2026+23.8%
2025+34.0%
2024+6.5%
2023+9.0%
2022-20.6%
2021-3.6%
2020+17.0%
2019+18.2%
2018-15.3%
2017+37.3%
2016-5.0%

Common questions

How much has EEM returned over the last 10 years?

+125.2% in total, which works out to +8.5% a year over the 10 years to 2026-09-29. Both figures assume dividends were reinvested and the fund's own fees were already deducted, so they are what an investor would have kept — before tax.

What was EEM's worst year?

2022 — its calendar-year return was -20.6% (net of fees, dividends reinvested). Its best year was 2017 (+37.3%).

How deep was EEM's worst drawdown?

-39.8%, from a peak on 2021-02-17 to a trough on 2022-10-24. From that trough it took 1053 days (about 34.6 months) to climb back to the earlier peak.

Does EEM pay dividends?

Over the last 12 months it distributed 1.65% of its share price (as of 2026-09-29). That is a past distribution, not a promise of future income, and it is already counted in every return figure on this page.

What is EEM's expense ratio?

0.69% a year, and it is already deducted from every return figure on this page. A fund charges it inside the fund rather than billing you, which is why fee differences show up as a smaller final balance, not as a line item.

What this page does not say

It does not say EEM is a good or bad fund, and it is not a forecast. Returns above are history: they already include dividends and already exclude the fund's own fees. A drawdown of -39.8% means an investor who bought at the peak would have watched that much value disappear before it recovered — how long that takes is the part most tables leave out.

Run your own window, add fees or a second fund: open EEM in the tool. History is shown as history, never sold as a forecast.

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