iShares MSCI Emerging ETF Volatility

EEMA ETF

USD 116.46 0.16 0.14%

IShares MSCI's volatility page measures how much the ETF price has swung and what risk that implies for holders. It carries a 1.03 long-term beta, meaning it generally moves in line with the broader market. The ETF shows low price volatility over the last 3 months.

Sharpe Ratio = 0.1138

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iShares MSCI Emerging reported a Market Risk Adjusted Performance of 0.2%, a Risk of 1.79, and a Risk Adjusted Performance of 0.1%. The ETF is tracking at approximately 9% of its historical trend range per monthly averages.

Key indicators related to IShares MSCI's volatility include:

90 Days Market Risk

Very Low

Chance Of Distress

Low

90 Days Economic Sensitivity

Responds to the market

Key risk metrics for IShares MSCI (3 Months):

Beta

1.45

Alpha

0.24

Risk

1.79

Sharpe Ratio

0.11

Expected Return

0.2

Assets With Similar Volatility

0.75	BBAX	JPMorgan BetaBuilders Developed	Pair Corr
1.0	AAXJ	iShares MSCI All	Pair Corr
0.76	EPP	iShares MSCI Pacific	Pair Corr
0.96	AIA	iShares Asia 50	Pair Corr
0.96	GMF	SPDR SAMPP Emerging	Pair Corr
1.0	FLAX	Franklin FTSE Asia	Pair Corr
0.94	FPA	First Trust Asia	Pair Corr
0.87	MINV	Matthews Asia Innovators	Pair Corr
0.9	ADIV	SmartETFs Asia Pacific	Pair Corr
0.8	AMUU	Direxion Daily AMD Trending	Pair Corr
0.78	INTW	GraniteShares 2x Long Trending	Pair Corr
0.82	MUU	Direxion Daily MU Trending	Pair Corr
0.82	MULL	GraniteShares 2x Long Trending	Pair Corr
0.8	AMDL	GraniteShares 2x Long Trending	Pair Corr
0.8	AMDG	Leverage Shares 2X Trending	Pair Corr
0.93	KORU	Direxion Daily South Trending	Pair Corr
0.67	VRTL	GraniteShares 2x Long	Pair Corr
0.86	GGLL	Direxion Daily GOOGL	Pair Corr
0.92	RPG	Invesco SAMPP 500	Pair Corr
0.89	SMH	VanEck Semiconductor ETF	Pair Corr
0.94	ACVF	ETF Opportunities Trust	Pair Corr
0.95	TOV	JLens 500 Jewish	Pair Corr
0.92	TINY	ProShares Nanotechnology ETF	Pair Corr
0.95	GK	AdvisorShares Gerber Kawasaki	Pair Corr
0.8	REZ	iShares Residential and	Pair Corr
0.94	OCTW	AIM ETF Products	Pair Corr

Sensitivity To Market

iShares MSCI Emerging beta of 1.45 quantifies how much of its total volatility (1.79%) is attributable to market-wide factors versus idiosyncratic drivers. iShares MSCI Emerging return dispersion over the lookback window shows standard deviation near 1.79% and semi-deviation near 1.47%, providing a baseline for comparison across peer instruments. ETF volatility includes tracking difference effects, fees, and trading friction on top of index movement. Premium/discount to NAV is often expressed as (Price − NAV) / NAV × 100 when NAV is available.

Current 90-day IShares MSCI correlation with market (Dow Jones Industrial)

0.24

1.45

Competition

3 Months Beta |iShares MSCI Emerging Demand Trend

Current 90-day IShares MSCI correlation with market (Dow Jones Industrial)

Downside Risk

IShares MSCI daily return dispersion, captured by standard deviation, sets the baseline volatility reading for this instrument. High standard deviation indicates a volatile instrument; low standard deviation indicates a more stable one.

Standard Deviation

1.79

The difference between upside risk and downside risk is meaningful for IShares MSCI analysis. Semi-deviation and downside deviation isolate negative return dispersion, providing additional context on loss-specific risk relative to total volatility for IShares MSCI. iShares MSCI Emerging reported a Downside Deviation of 1.80, a Downside Variance of 3.24, and a Maximum Drawdown of 7.56.

ETF Volatility Analysis

When measuring the risk of IShares MSCI ETF, volatility is a critical metric. These fluctuations usually indicate the level of risk associated with IShares MSCI's price changes.

Transformation

This analysis covers sixty-one data points across the selected time horizon. The Median Price transformation calculates the midpoint between iShares MSCI Emerging's high and low for each trading period. This provides a simple measure of the period's central tendency based on range extremes, ignoring the opening and closing levels. Compared to the typical or weighted close price, the median price gives equal weight to buyers and sellers at the extremes and is often used as a smoothed input for trend and momentum indicators.

Projected Return Density Against Market

Given a 90-day horizon, IShares MSCI has a beta of 1.4523 suggesting when the benchmark rises, EEMA tends to outperform it on average. However, when benchmark returns turn negative, IShares MSCI tends to underperform.

Risk assessment for IShares MSCI separates macro-driven volatility from company or sector-specific developments. Market risk cannot be diversified away, though asset-specific exposure can be moderated. iShares MSCI Emerging reported a Downside Deviation of 1.80, a Mean Deviation of 1.34, and a Semi Deviation of 1.47.

IShares MSCI Emerging has an alpha of 0.2441, implying that it can generate a 0.2441 percent excess return over Dow Jones Industrial after adjusting for the inherent market risk (beta).

Predicted Return Distribution

Density

IShares MSCI's volatility is typically evaluated with standard deviation and beta. Standard deviation reflects how far IShares MSCI's returns usually move from the mean over the selected horizon.

What Drives IShares MSCI's Price Volatility?

Holdings and Allocation

Shifts in underlying asset weights and category-level catalysts in the Pacific/Asia ex-Japan Stk category often set the baseline volatility regime for IShares MSCI.

Political and Economic Environment

Interest-rate path changes, geopolitical developments, and macro surprises influence investor risk tolerance.

IShares MSCI's Fund-Specific Factors

NAV premium shifts, flow-driven supply-demand imbalance, and rebalancing events can shift near-term return dispersion for IShares MSCI's.

ETF Risk Measures

Given a 90-day horizon, the coefficient of variation of IShares MSCI is 878.69. The daily returns are distributed with a variance of 3.19 and standard deviation of 1.79. The mean deviation of iShares MSCI Emerging is currently at 1.33. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.96

α	Alpha over Dow Jones	0.24	Details
β	Beta against Dow Jones	1.45	Details
σ	Overall volatility	1.79	Details
Ir	Information ratio	0.14	Details

ETF Return Volatility

IShares MSCI daily volatility tracks how widely ETF returns have moved around the mean across the selected time frame. The ETF reflects 1.7852% volatility on return distribution over a 90-day horizon. On the other hand, Dow Jones Industrial reported 0.9166% volatility on return distribution over a 90-day investment horizon.

Performance

Timeline

Related Correlations Analysis

	IDU	EWA	EWP	FRDM	EUSA	SMMD	IAI	PKW	DTD	IYJ
IDU		0.35	-0.03	0.01	-0.01	-0.03	-0.23	-0.11	0.0	-0.01	IDU
EWA	0.35		0.84	0.8	0.79	0.74	0.67	0.77	0.8	0.79	EWA
EWP	-0.03	0.84		0.8	0.76	0.77	0.78	0.85	0.81	0.78	EWP
FRDM	0.01	0.8	0.8		0.91	0.96	0.82	0.8	0.91	0.74	FRDM
EUSA	-0.01	0.79	0.76	0.91		0.93	0.87	0.93	0.98	0.9	EUSA
SMMD	-0.03	0.74	0.77	0.96	0.93		0.9	0.84	0.93	0.72	SMMD
IAI	-0.23	0.67	0.78	0.82	0.87	0.9		0.88	0.86	0.73	IAI
PKW	-0.11	0.77	0.85	0.8	0.93	0.84	0.88		0.94	0.94	PKW
DTD	0.0	0.8	0.81	0.91	0.98	0.93	0.86	0.94		0.91	DTD
IYJ	-0.01	0.79	0.78	0.74	0.9	0.72	0.73	0.94	0.91		IYJ
	IDU	EWA	EWP	FRDM	EUSA	SMMD	IAI	PKW	DTD	IYJ

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

DTD	+ 0.98	EUSA
SMMD	+ 0.96	FRDM
DTD	+ 0.94	PKW
IYJ	+ 0.94	PKW
SMMD	+ 0.93	EUSA
PKW	+ 0.93	EUSA

High negative correlations

IAI	- 0.23	IDU
PKW	- 0.11	IDU
SMMD	- 0.03	IDU
EWP	- 0.03	IDU
IYJ	- 0.01	IDU
EUSA	- 0.01	IDU

IShares MSCI Constituents Risk-Adjusted Indicators

Return momentum in IShares MSCI ETF is more useful when tested against peer-relative fundamentals and risk. Without risk-adjusted context, short-term returns may appear stronger than the volatility required to achieve them would suggest. These indicators are quantitative in nature and measure volatility and risk-adjusted expected returns across different positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
IDU	0.76	0.05	0.05	0.29	1.03	-0.77	1.53	-1.44	6.47
EWA	1.15	0.07	0.04	0.05	1.43	-1.12	2.89	-2.44	5.90
EWP	1.29	0.02	0.01	0.01	1.65	-1.32	2.83	-2.59	7.56
FRDM	1.71	0.28	0.13	0.16	1.81	-1.92	3.69	-3.76	8.79
EUSA	0.68	0.05	0.06	0.05	0.77	-0.73	1.55	-1.45	3.90
SMMD	1.00	0.14	0.10	0.11	1.20	-1.01	2.13	-1.90	5.81
IAI	1.20	0.01	0.00	0.00	1.64	-1.11	2.21	-2.60	5.96
PKW	0.73	-0.01	0.00	-0.01	0.00	0.00	1.52	-1.56	4.06
DTD	0.51	0.03	0.04	0.04	0.65	-0.51	1.37	-1.13	3.48
IYJ	0.91	0.00	0.00	0.00	1.12	-0.91	1.91	-1.84	5.21

Risk Metrics, Assumptions & Methodology

Systematic risk exposure for IShares MSCI measures how much of the fund's volatility comes from broad market movements versus idiosyncratic factors. Beta instability across periods suggests the relationship between market risk and asset volatility is shifting.

iShares MSCI Emerging metrics draw on fund disclosures and market reference feeds, standardized for cross-period comparison. Volatility and downside metrics are estimated from historical return dispersion.

Editorial review and methodology oversight provided by: Rifka Kats, Member of Macroaxis Editorial Board

Volatility Profile Summary

Recent data suggests that iShares MSCI Emerging is more volatile than Dow Jones Industrial by approximately 1.95x over the selected horizon. This differential reflects the relative dispersion of returns and frames how the asset responds to broader market conditions. Observed price behavior indicates modest directional movement within the current volatility regime. Across the current 90-day horizon, that places the security below 16% of the broader equity and portfolio universe on a pure volatility basis. This positioning reflects relative dispersion compared to peers rather than extreme instability.

iShares MSCI Emerging with characteristics aligned to broad market upside participation. This price-change note interprets the latest move in the context of short-horizon trading behavior. It gives extra weight to the size of the move, the quote level, and whether the instrument trades in a hype-prone venue. a normal upward fluctuation. Return distributions derived from historical modeling outline a range of potential outcomes over the selected 90-day horizon. View IShares MSCI probability analysis.

Very poor diversification

For the present investment horizon, the measured correlation between IShares MSCI and Dow Jones stands at 0.81, or Very poor diversification. A 0.81 reading means IShares MSCI and Dow Jones have substantial price overlap, limiting risk reduction through pairing.

View Details

Additional Risk Indicators

Risk analysis around iShares MSCI Emerging gains depth when secondary indicators confirm, refine, or challenge the basic volatility picture. These measures support both standalone risk assessment and portfolio-level analysis.

	Risk Adjusted Performance	0.14
	Market Risk Adjusted Performance	0.176
	Mean Deviation	1.34
	Semi Deviation	1.47
	Downside Deviation	1.8
	Coefficient Of Variation	712.35
	Standard Deviation	1.79

IShares MSCI Suggested Diversification Pairs

Pair analysis provides a framework for evaluating relative performance between iShares MSCI Emerging and comparable securities. A disciplined pair structure still requires monitoring because correlation weakens when market regimes change.

	Dupont De vs. IShares MSCI
	Microsoft vs. IShares MSCI
	Alphabet vs. IShares MSCI
	GM vs. IShares MSCI
	Ford vs. IShares MSCI
	Visa vs. IShares MSCI
	Walker Dunlop vs. IShares MSCI
	SentinelOne vs. IShares MSCI

Pair strategies reduce risk, but not all risk is diversifiable through pairing. Market-level risk for IShares MSCI persists even in a well-constructed pair. The benefit is in offsetting IShares MSCI's company-specific risk, which can be meaningfully reduced by selecting a second position that moves independently of iShares MSCI Emerging.

More Resources for IShares MSCI ETF Analysis

For iShares MSCI Emerging, market price and NAV represent two distinct lenses on the same underlying portfolio. Together, market price, NAV, and fund metrics form a multi-dimensional view.

Separating IShares MSCI's NAV from market price helps frame expectations more clearly. Evaluation considerations extend to fund size, liquidity profile, and rebalancing methodology.