ISCF vs EMD

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

5-Year PerformanceISCF has outperformed EMD, delivering a return of +8.1% compared to +5.1%

ISCF vs EMD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ISCF(ETF)	EMD(ETF)
Net Assets	$652M	$649M
Expense Ratio	0.24%	N/A
Max Drawdown	43.64%	66.58%
Sharpe Ratio	1.14	1.28
5Y Beta	0.71	0.42
5Y Dividends CAGR	14.89%	1.80%

Net Assets

Winner

ISCF

$652M

EMD

$649M

Expense Ratio

ISCF

0.24%

EMD

N/A

Max Drawdown

Winner

ISCF

43.64%

EMD

66.58%

Sharpe Ratio

ISCF

1.14

Winner

EMD

1.28

5Y Beta

ISCF

0.71

Winner

EMD

0.42

5Y Dividends CAGR

Winner

ISCF

14.89%

EMD

1.80%

ISCF vs EMD - Historical Returns

Returns include dividend reinvestment.

Period	ISCF	EMD
1 month	+0.03%	+3.05%
3 months	+6.13%	+5.97%
6 months	+9.03%	+3.54%
1 year	+21.28%	+21.20%
5 years(CAGR)	+8.10%	+5.11%
10 years(CAGR)	+9.58%	+6.32%
Max(CAGR)	+8.49%	+6.65%

ISCF

+0.03%

Winner

EMD

+3.05%

Winner

ISCF

+6.13%

EMD

+5.97%

Winner

ISCF

+9.03%

EMD

+3.54%

Winner

ISCF

+21.28%

EMD

+21.20%

5Y(CAGR)

Winner

ISCF

+8.10%

EMD

+5.11%

10Y(CAGR)

Winner

ISCF

+9.58%

EMD

+6.32%

Max(CAGR)

Winner

ISCF

+8.49%

EMD

+6.65%

ISCF vs EMD - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	ISCF	EMD
2026	+6.63%	+3.40%
2025	+34.44%	+21.86%
2024	+6.29%	+16.94%
2023	+11.76%	+11.96%
2022	-15.12%	-20.86%
2021	+12.61%	+0.40%
2020	+6.63%	+7.41%
2019	+26.29%	+25.16%
2018	-19.49%	-14.95%
2017	+37.47%	+14.27%
2016	-1.26%	+17.52%
2015	+1.67%	-4.89%
2014	N/A	-1.33%
2013	N/A	-16.02%
2012	N/A	+22.51%
2011	N/A	+10.49%
2010	N/A	+12.77%
2009	N/A	+51.98%
2008	N/A	-21.64%
2007	N/A	+7.90%
2006	N/A	+11.12%
2005	N/A	+6.97%
2004	N/A	+6.28%
2003	N/A	+0.90%

ISCF vs EMD Drawdown Comparison

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

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

The current ISCF drawdown is -2.43%. The current EMD drawdown is -2.39%.

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

Correlation

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

0.91

-101

Dividend Comparison (2004 - 2026)

ISCF vs EMD dividend yield comparison.

Year	ISCF	EMD
2026	1.88%	4.46%
2025	3.76%	10.44%
2024	4.29%	10.57%
2023	3.94%	9.97%
2022	2.73%	11.09%
2021	3.93%	8.44%
2020	2.30%	8.45%
2019	2.87%	8.41%
2018	2.14%	9.76%
2017	1.97%	7.78%
2016	2.89%	9.99%
2015	1.46%	9.54%
2014	0.00%	9.01%
2013	0.00%	8.37%
2012	0.00%	6.49%
2011	0.00%	7.01%
2010	0.00%	7.48%
2009	0.00%	8.87%
2008	0.00%	13.34%
2007	0.00%	7.73%
2006	0.00%	9.19%
2005	0.00%	14.13%
2004	0.00%	8.88%