SCZ vs EMB

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

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

SCZ vs EMB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

SCZ

$14B

Winner

EMB

$15B

Expense Ratio

SCZ

0.40%

Winner

EMB

0.39%

Max Drawdown

SCZ

62.65%

Winner

EMB

37.41%

Sharpe Ratio

Winner

SCZ

1.74

EMB

1.55

5Y Beta

SCZ

0.65

Winner

EMB

0.26

5Y Dividends CAGR

Winner

SCZ

10.71%

EMB

3.97%

SCZ vs EMB - Historical Returns

Returns include dividend reinvestment.

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

Winner

SCZ

+3.72%

EMB

+0.92%

Winner

SCZ

+0.63%

EMB

+0.28%

Winner

SCZ

+14.49%

EMB

+2.05%

Winner

SCZ

+30.24%

EMB

+11.98%

5Y(CAGR)

Winner

SCZ

+5.92%

EMB

+2.01%

10Y(CAGR)

Winner

SCZ

+8.49%

EMB

+3.33%

Max(CAGR)

Winner

SCZ

+5.64%

EMB

+4.68%

SCZ vs EMB - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

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

SCZ vs EMB Drawdown Comparison

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

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

The current EMB drawdown is -0.50%.

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

Correlation

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

0.92

-101

Dividend Comparison (2007 - 2026)

SCZ vs EMB dividend yield comparison.

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