IEMG vs VWO: returns, Sharpe ratio and drawdown

Over the past year, IEMG returned +26.75% against +13.74% for VWO. Over five years, IEMG averaged +5.03% a year, compared with +2.91% for VWO. IEMG had the higher Sharpe ratio over the past year (0.92 vs 0.57), meaning more return for each unit of volatility. The worst peak-to-trough drop over the past year was -11.17% for VWO and -13.78% for IEMG.