EM
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in EM, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly
The earliest data available for this chart is Jul 26, 2018, corresponding to the inception date of PDD
Returns By Period
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 13.20% | -1.28% | 10.32% | 18.23% | 12.31% | 10.58% |
| EM | 2.96% | 0.04% | 0.32% | 4.67% | 15.07% | N/A |
| Portfolio components: | ||||||
NTES NetEase, Inc. | 4.03% | 2.59% | -6.36% | -10.22% | 17.69% | 20.93% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 55.23% | -7.14% | 38.50% | 64.03% | 32.65% | 26.10% |
FLIN Franklin FTSE India ETF | 15.86% | 1.44% | 15.58% | 28.46% | 13.50% | N/A |
EZA iShares MSCI South Africa ETF | 5.74% | 0.65% | 13.42% | 1.30% | 1.20% | -0.83% |
FLBR Franklin FTSE Brazil ETF | -17.74% | -0.73% | -13.52% | -12.24% | -3.15% | N/A |
EPHE iShares MSCI Philippines ETF | -2.29% | 5.70% | -3.48% | -6.52% | -5.79% | -3.03% |
VNM VanEck Vectors Vietnam ETF | -7.74% | -3.09% | -6.95% | -13.77% | -4.84% | -3.91% |
FLMX Franklin FTSE Mexico ETF | -14.25% | -0.49% | -11.02% | -8.51% | 9.10% | N/A |
IDX VanEck Vectors Indonesia Index ETF | -5.68% | 4.21% | 0.44% | -10.23% | -4.76% | -3.08% |
PDD Pinduoduo Inc. | -11.33% | -7.33% | -10.17% | 54.25% | 43.24% | N/A |
Monthly Returns
The table below presents the monthly returns of EM, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.10% | 4.98% | 0.19% | -4.22% | 0.72% | 2.06% | 2.96% | ||||||
| 2023 | 13.91% | -8.69% | 5.56% | 0.06% | -2.00% | 8.64% | 9.18% | -3.98% | -3.13% | -1.08% | 11.95% | -2.06% | 28.84% |
| 2022 | 1.84% | -3.17% | -0.98% | -2.66% | 4.26% | -7.93% | 0.70% | 1.06% | -10.66% | -7.56% | 16.64% | -2.79% | -13.05% |
| 2021 | 4.22% | -0.23% | -2.48% | 3.28% | 4.30% | 0.03% | -7.21% | 1.19% | -5.89% | 5.26% | 0.97% | -0.42% | 2.17% |
| 2020 | -2.72% | -5.06% | -15.42% | 10.86% | 10.01% | 10.49% | 8.39% | 2.70% | -3.87% | 0.93% | 14.78% | 10.91% | 44.73% |
| 2019 | 9.73% | -4.53% | 1.24% | 6.80% | -7.32% | 3.32% | -2.88% | 4.59% | 2.39% | 6.88% | 1.28% | 3.87% | 26.85% |
| 2018 | -1.43% | -9.18% | 4.91% | -8.55% | 7.19% | 0.38% | -7.58% |
Expense Ratio
EM has an expense ratio of 0.23%, which is considered low compared to other funds. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of EM is 8, indicating that it is in the bottom 8% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
NTES NetEase, Inc. | -0.21 | -0.03 | 1.00 | -0.25 | -0.56 |
TSM Taiwan Semiconductor Manufacturing Company Limited | 1.86 | 2.59 | 1.32 | 1.65 | 9.23 |
FLIN Franklin FTSE India ETF | 2.02 | 2.54 | 1.40 | 3.25 | 14.88 |
EZA iShares MSCI South Africa ETF | 0.06 | 0.29 | 1.03 | 0.05 | 0.15 |
FLBR Franklin FTSE Brazil ETF | -0.54 | -0.65 | 0.93 | -0.50 | -1.18 |
EPHE iShares MSCI Philippines ETF | -0.43 | -0.50 | 0.94 | -0.18 | -0.73 |
VNM VanEck Vectors Vietnam ETF | -0.53 | -0.59 | 0.93 | -0.28 | -0.97 |
FLMX Franklin FTSE Mexico ETF | -0.31 | -0.26 | 0.96 | -0.36 | -0.80 |
IDX VanEck Vectors Indonesia Index ETF | -0.60 | -0.75 | 0.91 | -0.33 | -1.12 |
PDD Pinduoduo Inc. | 1.25 | 2.14 | 1.26 | 0.91 | 4.88 |
Dividends
Dividend yield
EM granted a 3.01% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EM | 3.01% | 2.78% | 2.98% | 1.86% | 1.43% | 3.08% | 1.64% | 0.93% | 1.28% | 1.30% | 1.51% | 1.35% |
| Portfolio components: | ||||||||||||
NTES NetEase, Inc. | 2.72% | 1.88% | 2.10% | 0.81% | 0.97% | 3.19% | 0.70% | 1.04% | 1.35% | 0.97% | 2.47% | 1.26% |
TSM Taiwan Semiconductor Manufacturing Company Limited | 1.28% | 1.78% | 2.48% | 1.56% | 1.58% | 3.49% | 3.55% | 2.32% | 2.61% | 2.54% | 1.79% | 2.30% |
FLIN Franklin FTSE India ETF | 1.52% | 0.73% | 0.73% | 2.26% | 0.68% | 0.90% | 0.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EZA iShares MSCI South Africa ETF | 2.60% | 2.84% | 3.90% | 2.05% | 5.51% | 12.27% | 3.81% | 1.55% | 4.10% | 3.03% | 2.20% | 2.44% |
FLBR Franklin FTSE Brazil ETF | 7.42% | 8.84% | 11.99% | 8.71% | 2.32% | 3.42% | 3.73% | 0.42% | 0.00% | 0.00% | 0.00% | 0.00% |
EPHE iShares MSCI Philippines ETF | 2.30% | 2.01% | 1.73% | 1.05% | 0.72% | 0.78% | 0.45% | 0.36% | 0.71% | 1.03% | 0.97% | 1.05% |
VNM VanEck Vectors Vietnam ETF | 5.65% | 5.21% | 0.96% | 0.49% | 0.40% | 0.76% | 0.83% | 0.99% | 2.43% | 3.68% | 2.65% | 3.18% |
FLMX Franklin FTSE Mexico ETF | 3.07% | 2.90% | 4.22% | 3.15% | 1.48% | 2.95% | 2.51% | 0.31% | 0.00% | 0.00% | 0.00% | 0.00% |
IDX VanEck Vectors Indonesia Index ETF | 3.84% | 3.62% | 3.64% | 1.08% | 1.66% | 2.09% | 2.19% | 1.85% | 1.16% | 2.43% | 2.07% | 3.38% |
PDD Pinduoduo Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the EM. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the EM was 34.29%, occurring on Oct 24, 2022. Recovery took 270 trading sessions.
The current EM drawdown is 5.63%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -34.29% | Feb 12, 2021 | 428 | Oct 24, 2022 | 270 | Nov 20, 2023 | 698 |
| -33.16% | Jan 21, 2020 | 41 | Mar 18, 2020 | 58 | Jun 10, 2020 | 99 |
| -16.96% | Jul 27, 2018 | 66 | Oct 29, 2018 | 63 | Jan 31, 2019 | 129 |
| -13.03% | May 6, 2019 | 64 | Aug 5, 2019 | 23 | Sep 6, 2019 | 87 |
| -9.51% | Mar 14, 2024 | 24 | Apr 17, 2024 | 21 | May 16, 2024 | 45 |
Volatility
Volatility Chart
The current EM volatility is 4.02%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| PDD | VNM | NTES | EPHE | FLBR | TSM | FLIN | FLMX | IDX | EZA | |
|---|---|---|---|---|---|---|---|---|---|---|
| PDD | 1.00 | 0.28 | 0.51 | 0.23 | 0.25 | 0.36 | 0.24 | 0.25 | 0.28 | 0.35 |
| VNM | 0.28 | 1.00 | 0.32 | 0.30 | 0.31 | 0.38 | 0.32 | 0.31 | 0.37 | 0.37 |
| NTES | 0.51 | 0.32 | 1.00 | 0.25 | 0.29 | 0.36 | 0.30 | 0.29 | 0.31 | 0.40 |
| EPHE | 0.23 | 0.30 | 0.25 | 1.00 | 0.39 | 0.36 | 0.39 | 0.43 | 0.47 | 0.47 |
| FLBR | 0.25 | 0.31 | 0.29 | 0.39 | 1.00 | 0.33 | 0.40 | 0.51 | 0.42 | 0.53 |
| TSM | 0.36 | 0.38 | 0.36 | 0.36 | 0.33 | 1.00 | 0.42 | 0.37 | 0.42 | 0.47 |
| FLIN | 0.24 | 0.32 | 0.30 | 0.39 | 0.40 | 0.42 | 1.00 | 0.45 | 0.50 | 0.50 |
| FLMX | 0.25 | 0.31 | 0.29 | 0.43 | 0.51 | 0.37 | 0.45 | 1.00 | 0.47 | 0.59 |
| IDX | 0.28 | 0.37 | 0.31 | 0.47 | 0.42 | 0.42 | 0.50 | 0.47 | 1.00 | 0.57 |
| EZA | 0.35 | 0.37 | 0.40 | 0.47 | 0.53 | 0.47 | 0.50 | 0.59 | 0.57 | 1.00 |