Emerging Markets total returns by year (including dividends)
As of market close, Oct 16, 2026
Emerging Markets total returns by year (2006–2026)#
Calendar-year returns with each year's path and its dividend contribution (dividend return = total minus price return). Every year has a direct link you can bookmark or share.
See every year as a chart, with the events that moved it → Or click a year below for its own chart.
| Year | Start price | End price | Path | Dividend | Total return |
|---|---|---|---|---|---|
| 2026YTD | $53.76 | $58.03 | chart → | 0.3% | +8.3% |
| 2025 | $44.04 | $53.76 | chart → | 3.5% | +25.6% |
| 2024 | $41.10 | $44.04 | chart → | 3.4% | +10.6% |
| 2023 | $38.98 | $41.10 | chart → | 3.8% | +9.3% |
| 2022 | $49.46 | $38.98 | chart → | 3.2% | -18.0% |
| 2021 | $50.11 | $49.46 | chart → | 2.6% | +1.3% |
| 2020 | $44.47 | $50.11 | chart → | 2.5% | +15.2% |
| 2019 | $38.10 | $44.47 | chart → | 4.0% | +20.7% |
| 2018 | $45.91 | $38.10 | chart → | 2.2% | -14.8% |
| 2017 | $35.78 | $45.91 | chart → | 3.2% | +31.5% |
| 2016 | $32.71 | $35.78 | chart → | 2.8% | +12.2% |
| 2015 | $40.02 | $32.71 | chart → | 2.4% | -15.8% |
| 2014 | $41.14 | $40.02 | chart → | 2.7% | -0.0% |
| 2013 | $44.53 | $41.14 | chart → | 2.7% | -4.9% |
| 2012 | $38.21 | $44.53 | chart → | 2.7% | +19.2% |
| 2011 | $48.15 | $38.21 | chart → | 1.9% | -18.8% |
| 2010 | $41.00 | $48.15 | chart → | 2.0% | +19.5% |
| 2009 | $23.57 | $41.00 | chart → | 2.4% | +76.3% |
| 2008 | $52.15 | $23.57 | chart → | 2.3% | -52.5% |
| 2007 | $38.70 | $52.15 | chart → | 2.5% | +37.3% |
| 2006 | $30.44 | $38.70 | chart → | 2.2% | +29.4% |
- Annualized
- +7.0%
- 2006–2026
- Positive years
- 13/20
- 65% up
Annualized (CAGR)
+7.0%
2006–2026
Average year
+9.2%
20 full years
Emerging Markets average annual return →
Best year
+76.3%
2009
2009 chart & events →
Worst year
-52.5%
2008
2008 chart & events →
Positive years
13/20
65% up
Total return by period#
Annual
-50%0%50%
2006+29%'06
2007+37%
2008-52%'08
2009+76%
2010+19%'10
2011-19%
2012+19%'12
2013-4.9%
2014-0.04%'14
2015-16%
2016+12%'16
2017+31%
2018-15%'18
2019+21%
2020+15%'20
2021+1.3%
2022-18%'22
2023+9.3%
2024+11%'24
2025+26%
2026+8.3%'26
Methodology#
Total returns, dividends reinvested, measured on VWO. Annualized return is the compound annual growth rate; the current year is year-to-date. Past performance does not predict future returns.
FAQ#
- What is Emerging Markets's average annual return?
- Since 2006, Emerging Markets (proxied by VWO, dividends reinvested) has returned about 7.0% a year (the compound annual growth rate) and an average calendar-year return of 9.2%.
- What were Emerging Markets's best and worst years?
- Over 2006–2026, the best year was 2009 (+76.3%) and the worst was 2008 (-52.5%).
- How often is Emerging Markets up in a year?
- 13 of the 20 full years since 2006 were positive — about 65% of the time.
More on Emerging Markets
All 10 Emerging Markets pages →Annual returns for: S&P 500 · S&P 500 Equal Weight · US Stock Market · Nasdaq-100Tracked by VWO