EWY vs SPEM

Comparison between ISHARES MSCI SOUTH KOREA ETF (EWY, ETF) and SPDR(R) PORTFOLIO EMERGING MARKETS ETF (SPEM, ETF).

5-Year PerformanceEWY has outperformed SPEM, delivering a return of +17.7% compared to +6.3%

EWY vs SPEM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EWY(ETF)	SPEM(ETF)
Net Assets	$16B	$16B
Expense Ratio	0.59%	0.07%
Max Drawdown	74.59%	65.07%
Sharpe Ratio	3.26	1.79
5Y Beta	1.13	0.70
5Y Dividends CAGR	11.47%	4.52%

Net Assets

EWY

$16B

SPEM

$16B

Expense Ratio

EWY

0.59%

Winner

SPEM

0.07%

Max Drawdown

EWY

74.59%

Winner

SPEM

65.07%

Sharpe Ratio

Winner

EWY

3.26

SPEM

1.79

5Y Beta

EWY

1.13

Winner

SPEM

0.70

5Y Dividends CAGR

Winner

EWY

11.47%

SPEM

4.52%

EWY vs SPEM - Historical Returns

Returns include dividend reinvestment.

Period	EWY	SPEM
1 month	+35.79%	+7.23%
3 months	+50.89%	+4.57%
6 months	+111.90%	+13.26%
1 year	+240.08%	+35.14%
5 years(CAGR)	+17.68%	+6.32%
10 years(CAGR)	+16.45%	+9.93%
Max(CAGR)	+10.52%	+5.73%

Winner

EWY

+35.79%

SPEM

+7.23%

Winner

EWY

+50.89%

SPEM

+4.57%

Winner

EWY

+111.90%

SPEM

+13.26%

Winner

EWY

+240.08%

SPEM

+35.14%

5Y(CAGR)

Winner

EWY

+17.68%

SPEM

+6.32%

10Y(CAGR)

Winner

EWY

+16.45%

SPEM

+9.93%

Max(CAGR)

Winner

EWY

+10.52%

SPEM

+5.73%

EWY vs SPEM - Annual Returns (2000 - 2026)

Returns include dividend reinvestment.

Year	EWY	SPEM
2026	+86.07%	+10.11%
2025	+94.51%	+26.06%
2024	-19.49%	+12.77%
2023	+21.31%	+9.34%
2022	-26.59%	-18.38%
2021	-9.94%	+0.94%
2020	+39.48%	+12.23%
2019	+9.42%	+19.24%
2018	-21.37%	-15.13%
2017	+42.82%	+33.44%
2016	+11.04%	+14.74%
2015	-7.06%	-14.68%
2014	-9.22%	+1.97%
2013	+0.96%	-3.47%
2012	+17.42%	+14.83%
2011	-14.35%	-19.79%
2010	+25.06%	+15.47%
2009	+65.55%	+65.42%
2008	-54.47%	-48.76%
2007	+33.51%	+36.13%
2006	+7.16%	N/A
2005	+56.02%	N/A
2004	+14.22%	N/A
2003	+34.61%	N/A
2002	-0.43%	N/A
2001	+43.43%	N/A
2000	-37.79%	N/A

EWY vs SPEM Drawdown Comparison

The maximum drawdown for EWY was -74.15%, occurring on Nov 20, 2008. Recovery took 2400 trading sessions.

The maximum drawdown for SPEM was -64.42%, occurring on Nov 20, 2008. Recovery took 1721 trading sessions.

The current SPEM drawdown is -0.38%.

Rank	EWY	SPEM
#1	-74.15% Oct 31, 2007 - May 15, 2017	-64.42% Oct 31, 2007 - Sep 3, 2014
#2	-50.79% Jun 9, 2000 - Mar 6, 2002	-36.05% Jan 26, 2018 - Nov 9, 2020
#3	-49.72% Jan 8, 2021 - Oct 20, 2025	-34.89% Sep 5, 2014 - Jul 12, 2017
#4	-48.95% Jan 26, 2018 - Nov 24, 2020	-33.40% Feb 17, 2021 - Oct 7, 2024
#5	-38.19% Apr 23, 2002 - Oct 13, 2003	-17.89% Jul 23, 2007 - Sep 19, 2007
#6	-27.95% Apr 12, 2004 - Jan 18, 2005	-17.63% Oct 7, 2024 - Jun 9, 2025
#7	-23.18% May 8, 2006 - Apr 3, 2007	-11.36% Feb 25, 2026 - Apr 17, 2026
#8	-23.08% Feb 27, 2026 - Apr 17, 2026	-5.02% Jan 20, 2021 - Feb 5, 2021
#9	-18.90% Jul 23, 2007 - Oct 1, 2007	-4.86% Oct 29, 2025 - Jan 2, 2026
#10	-14.49% May 16, 2000 - Jun 2, 2000	-4.38% Oct 8, 2025 - Oct 20, 2025
#11	-12.22% Mar 1, 2005 - Jul 19, 2005	-4.30% Nov 22, 2017 - Dec 28, 2017
#12	-12.16% Nov 3, 2025 - Dec 29, 2025	-4.11% Oct 18, 2007 - Oct 26, 2007
#13	-10.33% Apr 5, 2002 - Apr 17, 2002	-3.46% Sep 19, 2017 - Oct 13, 2017
#14	-10.08% Jan 31, 2006 - Apr 4, 2006	-3.43% Jun 4, 2007 - Jun 14, 2007
#15	-10.08% Sep 29, 2005 - Nov 11, 2005	-3.14% Jul 23, 2025 - Aug 12, 2025

Correlation

Correlation between EWY and SPEM is 0.87 which considered as a strong positive correlation - the stocks tend to move together.

0.87

-101

Dividend Comparison (2001 - 2025)

EWY vs SPEM dividend yield comparison.

Year	EWY	SPEM
2025	2.10%	2.77%
2024	2.55%	2.78%
2023	2.52%	2.80%
2022	1.23%	3.38%
2021	2.16%	3.14%
2020	0.73%	1.92%
2019	2.10%	2.94%
2018	1.34%	2.34%
2017	2.90%	1.12%
2016	1.21%	1.52%
2015	2.42%	2.40%
2014	1.20%	2.26%
2013	1.39%	1.91%
2012	0.58%	1.99%
2011	1.34%	3.64%
2010	0.72%	2.32%
2009	0.66%	0.71%
2008	2.86%	3.69%
2007	0.57%	1.82%
2006	0.68%	0.00%
2005	0.58%	0.00%
2004	0.34%	0.00%
2003	0.94%	0.00%
2001	0.59%	0.00%