SPEM vs EWY

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

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

SPEM vs EWY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

SPEM

$16B

EWY

$16B

Expense Ratio

Winner

SPEM

0.07%

EWY

0.59%

Max Drawdown

Winner

SPEM

65.07%

EWY

74.59%

Sharpe Ratio

SPEM

1.79

Winner

EWY

3.26

5Y Beta

Winner

SPEM

0.70

EWY

1.13

5Y Dividends CAGR

SPEM

4.52%

Winner

EWY

11.47%

SPEM vs EWY - Historical Returns

Returns include dividend reinvestment.

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

SPEM

+7.23%

Winner

EWY

+35.79%

SPEM

+4.57%

Winner

EWY

+50.89%

SPEM

+13.26%

Winner

EWY

+111.90%

SPEM

+35.14%

Winner

EWY

+240.08%

5Y(CAGR)

SPEM

+6.32%

Winner

EWY

+17.68%

10Y(CAGR)

SPEM

+9.93%

Winner

EWY

+16.45%

Max(CAGR)

SPEM

+5.73%

Winner

EWY

+10.52%

SPEM vs EWY - Annual Returns (2000 - 2026)

Returns include dividend reinvestment.

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

SPEM vs EWY Drawdown Comparison

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

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

The current SPEM drawdown is -0.38%.

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

Correlation

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

0.87

-101

Dividend Comparison (2001 - 2025)

SPEM vs EWY dividend yield comparison.

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