EMD vs ISCF

Comparison between Western Asset Emerging Markets Debt Fund Inc (EMD, ETF) and ISHARES INTERNATIONAL SMALL-CAP EQUITY FACTOR ETF (ISCF, ETF).

5-Year PerformanceISCF has outperformed EMD, delivering a return of +7.8% compared to +5.1%

EMD vs ISCF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EMD(ETF)	ISCF(ETF)
Net Assets	$649M	$652M
Expense Ratio	N/A	0.24%
Max Drawdown	66.58%	43.64%
Sharpe Ratio	1.23	1.08
5Y Beta	0.42	0.71
5Y Dividends CAGR	1.80%	14.89%

Net Assets

EMD

$649M

Winner

ISCF

$652M

Expense Ratio

EMD

N/A

ISCF

0.24%

Max Drawdown

EMD

66.58%

Winner

ISCF

43.64%

Sharpe Ratio

Winner

EMD

1.23

ISCF

1.08

5Y Beta

Winner

EMD

0.42

ISCF

0.71

5Y Dividends CAGR

EMD

1.80%

Winner

ISCF

14.89%

EMD vs ISCF - Historical Returns

Returns include dividend reinvestment.

Period	EMD	ISCF
1 month	+2.18%	+0.12%
3 months	+3.18%	+4.88%
6 months	+2.67%	+9.91%
1 year	+19.93%	+21.65%
5 years(CAGR)	+5.07%	+7.83%
10 years(CAGR)	+6.23%	+9.59%
Max(CAGR)	+6.61%	+8.50%

Winner

EMD

+2.18%

ISCF

+0.12%

EMD

+3.18%

Winner

ISCF

+4.88%

EMD

+2.67%

Winner

ISCF

+9.91%

EMD

+19.93%

Winner

ISCF

+21.65%

5Y(CAGR)

EMD

+5.07%

Winner

ISCF

+7.83%

10Y(CAGR)

EMD

+6.23%

Winner

ISCF

+9.59%

Max(CAGR)

EMD

+6.61%

Winner

ISCF

+8.50%

EMD vs ISCF - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	EMD	ISCF
2026	+2.53%	+6.73%
2025	+21.86%	+34.44%
2024	+16.94%	+6.29%
2023	+11.96%	+11.76%
2022	-20.86%	-15.12%
2021	+0.40%	+12.61%
2020	+7.41%	+6.63%
2019	+25.16%	+26.29%
2018	-14.95%	-19.49%
2017	+14.27%	+37.47%
2016	+17.52%	-1.26%
2015	-4.89%	+1.67%
2014	-1.33%	N/A
2013	-16.02%	N/A
2012	+22.51%	N/A
2011	+10.49%	N/A
2010	+12.77%	N/A
2009	+51.98%	N/A
2008	-21.64%	N/A
2007	+7.90%	N/A
2006	+11.12%	N/A
2005	+6.97%	N/A
2004	+6.28%	N/A
2003	+0.90%	N/A

EMD vs ISCF Drawdown Comparison

The maximum drawdown for EMD was -48.11%, occurring on Nov 20, 2008. Recovery took 297 trading sessions.

The maximum drawdown for ISCF was -40.80%, occurring on Mar 23, 2020. Recovery took 720 trading sessions.

The current EMD drawdown is -3.22%. The current ISCF drawdown is -2.34%.

Rank	EMD	ISCF
#1	-48.11% Jun 3, 2008 - Aug 6, 2009	-40.80% Jan 26, 2018 - Dec 4, 2020
#2	-46.44% Feb 21, 2020 - Dec 17, 2020	-30.65% Sep 3, 2021 - Sep 19, 2024
#3	-40.44% Sep 2, 2021 - Oct 2, 2024	-17.18% Jul 9, 2015 - Sep 26, 2016
#4	-29.53% Mar 12, 2013 - Apr 20, 2017	-13.25% Mar 19, 2025 - Apr 24, 2025
#5	-26.07% Jan 27, 2004 - Sep 24, 2004	-11.34% Feb 26, 2026 - Mar 27, 2026
#6	-18.70% Jan 16, 2018 - Jun 21, 2019	-9.19% Sep 26, 2024 - Mar 17, 2025
#7	-13.52% May 29, 2007 - Oct 5, 2007	-7.97% Sep 28, 2016 - Feb 3, 2017
#8	-13.33% Feb 18, 2026 - Mar 30, 2026	-6.33% Oct 6, 2025 - Dec 11, 2025
#9	-12.48% Sep 2, 2011 - Dec 23, 2011	-6.17% May 22, 2015 - Jul 9, 2015
#10	-11.83% Mar 25, 2025 - Jun 4, 2025	-4.82% Feb 16, 2021 - Mar 17, 2021
#11	-11.04% Feb 8, 2005 - Sep 9, 2005	-4.11% Jun 14, 2021 - Jul 26, 2021
#12	-10.28% Apr 23, 2010 - Jul 21, 2010	-3.92% May 7, 2021 - May 28, 2021
#13	-9.97% Nov 5, 2010 - May 10, 2011	-3.53% Jul 23, 2025 - Aug 12, 2025
#14	-9.74% Aug 3, 2011 - Sep 2, 2011	-3.10% Jan 21, 2021 - Feb 5, 2021
#15	-9.13% Oct 8, 2009 - Dec 24, 2009	-3.09% Aug 3, 2021 - Aug 30, 2021

Correlation

Correlation between EMD and ISCF is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (2004 - 2026)

EMD vs ISCF dividend yield comparison.

Year	EMD	ISCF
2026	4.50%	1.87%
2025	10.44%	3.76%
2024	10.57%	4.29%
2023	9.97%	3.94%
2022	11.09%	2.73%
2021	8.44%	3.93%
2020	8.45%	2.30%
2019	8.41%	2.87%
2018	9.76%	2.14%
2017	7.78%	1.97%
2016	9.99%	2.89%
2015	9.54%	1.46%
2014	9.01%	0.00%
2013	8.37%	0.00%
2012	6.49%	0.00%
2011	7.01%	0.00%
2010	7.48%	0.00%
2009	8.87%	0.00%
2008	13.34%	0.00%
2007	7.73%	0.00%
2006	9.19%	0.00%
2005	14.13%	0.00%
2004	8.88%	0.00%