EMB vs SCZ

Comparison between ISHARES J.P. MORGAN USD EMERGING MARKETS BOND ETF (EMB, ETF) and ISHARES MSCI EAFE SMALL-CAP ETF (SCZ, ETF).

5-Year PerformanceSCZ has outperformed EMB, delivering a return of +5.9% compared to +2.0%

EMB vs SCZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EMB(ETF)	SCZ(ETF)
Net Assets	$15B	$14B
Expense Ratio	0.39%	0.40%
Max Drawdown	37.41%	62.65%
Sharpe Ratio	1.55	1.74
5Y Beta	0.26	0.65
5Y Dividends CAGR	3.97%	10.71%

Net Assets

Winner

EMB

$15B

SCZ

$14B

Expense Ratio

Winner

EMB

0.39%

SCZ

0.40%

Max Drawdown

Winner

EMB

37.41%

SCZ

62.65%

Sharpe Ratio

EMB

1.55

Winner

SCZ

1.74

5Y Beta

Winner

EMB

0.26

SCZ

0.65

5Y Dividends CAGR

EMB

3.97%

Winner

SCZ

10.71%

EMB vs SCZ - Historical Returns

Returns include dividend reinvestment.

Period	EMB	SCZ
1 month	+0.92%	+3.72%
3 months	+0.28%	+0.63%
6 months	+2.05%	+14.49%
1 year	+11.98%	+30.24%
5 years(CAGR)	+2.01%	+5.92%
10 years(CAGR)	+3.33%	+8.49%
Max(CAGR)	+4.68%	+5.64%

EMB

+0.92%

Winner

SCZ

+3.72%

EMB

+0.28%

Winner

SCZ

+0.63%

EMB

+2.05%

Winner

SCZ

+14.49%

EMB

+11.98%

Winner

SCZ

+30.24%

5Y(CAGR)

EMB

+2.01%

Winner

SCZ

+5.92%

10Y(CAGR)

EMB

+3.33%

Winner

SCZ

+8.49%

Max(CAGR)

EMB

+4.68%

Winner

SCZ

+5.64%

EMB vs SCZ - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	EMB	SCZ
2026	+1.42%	+9.82%
2025	+13.47%	+32.40%
2024	+6.59%	+2.77%
2023	+10.12%	+12.31%
2022	-17.83%	-21.61%
2021	-1.69%	+9.90%
2020	+5.29%	+10.70%
2019	+15.48%	+24.72%
2018	-5.71%	-18.18%
2017	+9.90%	+31.99%
2016	+9.38%	+3.60%
2015	+1.39%	+9.15%
2014	+6.03%	-4.99%
2013	-8.06%	+26.25%
2012	+18.00%	+17.53%
2011	+7.19%	-16.00%
2010	+10.67%	+18.39%
2009	+13.44%	+41.36%
2008	-2.27%	-47.82%
2007	+0.29%	-0.31%

EMB vs SCZ Drawdown Comparison

The maximum drawdown for EMB was -34.70%, occurring on Oct 28, 2008. Recovery took 293 trading sessions.

The maximum drawdown for SCZ was -61.87%, occurring on Mar 9, 2009. Recovery took 1348 trading sessions.

The current EMB drawdown is -0.50%.

Rank	EMB	SCZ
#1	-34.70% May 21, 2008 - Jul 21, 2009	-61.87% Dec 13, 2007 - Apr 24, 2013
#2	-28.75% Sep 2, 2021 - Aug 11, 2025	-41.07% Jan 26, 2018 - Nov 23, 2020
#3	-26.55% Mar 4, 2020 - Nov 13, 2020	-36.83% Sep 3, 2021 - Jun 2, 2025
#4	-14.48% May 2, 2013 - Jul 8, 2014	-17.42% May 15, 2015 - Sep 6, 2016
#5	-8.91% Jan 5, 2018 - Mar 20, 2019	-16.12% Jul 3, 2014 - May 13, 2015
#6	-7.56% Sep 7, 2016 - Apr 28, 2017	-11.43% Feb 27, 2026 - May 8, 2026
#7	-7.43% Nov 4, 2010 - Jul 28, 2011	-10.32% May 8, 2013 - Aug 5, 2013
#8	-7.37% Aug 27, 2014 - Apr 2, 2015	-6.64% Sep 28, 2016 - Feb 1, 2017
#9	-7.34% Dec 31, 2020 - Aug 31, 2021	-6.18% Jan 15, 2014 - Feb 18, 2014
#10	-7.09% Aug 2, 2011 - Nov 3, 2011	-5.77% Oct 27, 2025 - Dec 11, 2025
#11	-6.45% Apr 20, 2010 - Jul 8, 2010	-5.67% Jun 14, 2021 - Aug 13, 2021
#12	-6.36% Apr 27, 2015 - Mar 17, 2016	-4.87% Mar 6, 2014 - Jun 6, 2014
#13	-4.88% May 3, 2012 - Jun 19, 2012	-4.34% May 7, 2021 - Jun 1, 2021
#14	-4.51% Feb 25, 2026 - Mar 27, 2026	-4.09% Aug 13, 2013 - Sep 9, 2013
#15	-4.14% Nov 8, 2011 - Jan 26, 2012	-3.85% Feb 16, 2021 - Mar 16, 2021

Correlation

Correlation between EMB and SCZ is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (2007 - 2026)

EMB vs SCZ dividend yield comparison.

Year	EMB	SCZ
2026	1.75%	0.00%
2025	4.98%	3.30%
2024	5.46%	3.50%
2023	4.74%	2.96%
2022	5.04%	1.99%
2021	3.89%	2.96%
2020	3.88%	1.52%
2019	4.51%	3.52%
2018	5.64%	2.79%
2017	4.54%	2.38%
2016	4.83%	2.82%
2015	4.84%	2.06%
2014	4.56%	2.61%
2013	4.75%	2.39%
2012	4.17%	3.26%
2011	4.83%	3.28%
2010	5.15%	2.84%
2009	5.63%	2.28%
2008	5.63%	2.79%
2007	0.16%	0.08%