- Issuer
- VanEck
- Inception Date
- Apr 10, 2018
- Region
- Global (Emerging Markets)
- Category
- Emerging Markets Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- MSCI Emerging Markets Multi-Factor Select Index
- Domicile
- Australia
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
Share Price Chart
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Performance
EMKT.AX Performance Chart
VanEck MSCI Multifactor Emerging Markets Equity ETF (EMKT.AX) is up 26.6% since the beginning of the year. EMKT.AX is currently trading at A$35 per share. Investors who bought A$1,000 worth of EMKT.AX shares 5 years ago would now be looking at an investment worth A$2,022.
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Returns By Period
VanEck MSCI Multifactor Emerging Markets Equity ETF (EMKT.AX) has returned 26.61% so far this year and 37.00% over the past 12 months.
VanEck MSCI Multifactor Emerging Markets Equity ETF
- 1D
- -3.02%
- 1M
- -5.25%
- 6M
- 18.61%
- YTD
- 26.61%
- 1Y
- 37.00%
- 3Y*
- 25.77%
- 5Y*
- 15.12%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.12%
- 1M
- 1.38%
- 6M
- 4.49%
- YTD
- 5.58%
- 1Y
- 12.98%
- 3Y*
- 18.01%
- 5Y*
- 13.12%
- 10Y*
- 14.27%
EMKT.AX Monthly Returns History
Based on dividend-adjusted daily data since Apr 10, 2018, EMKT.AX's average daily return is +0.05%, while the average monthly return is +0.97%. At this rate, an investment would double in approximately 6.0 years.
Historically, 63% of months were positive and 37% were negative. The best month was May 2026 with a return of +16.9%, while the worst month was Mar 2026 at -12.5%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 3 months.
On a daily basis, EMKT.AX closed higher 48% of trading days. The best single day was Mar 26, 2020 with a return of +6.0%, while the worst single day was Mar 13, 2020 at -7.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 7.98% | 4.65% | -12.45% | 13.21% | 16.94% | 2.53% | -5.71% | 26.61% | |||||
| 2025 | 0.92% | -1.02% | 0.54% | -0.49% | 5.51% | 5.65% | 1.95% | -0.28% | 1.39% | 8.24% | -2.00% | -0.16% | 21.60% |
| 2024 | 3.46% | 6.09% | 1.83% | 0.92% | 1.41% | 4.08% | 1.33% | -3.77% | 1.57% | 1.42% | -0.52% | 5.44% | 25.43% |
| 2023 | 1.21% | 1.66% | 3.31% | 3.55% | 0.52% | 4.74% | 3.58% | -2.12% | -0.52% | -3.45% | 2.84% | 1.95% | 18.32% |
| 2022 | 0.77% | -4.25% | -3.55% | -1.60% | 0.69% | -3.27% | -0.42% | 1.48% | -5.57% | 1.10% | 5.83% | -1.75% | -10.53% |
| 2021 | 6.09% | -2.97% | 3.98% | 1.63% | 2.53% | 2.37% | -2.36% | 2.55% | -1.51% | -2.80% | 1.35% | 1.60% | 12.71% |
Benchmark Metrics
VanEck MSCI Multifactor Emerging Markets Equity ETF has an annualized alpha of 10.74%, beta of 0.07, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since April 10, 2018.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (49.38%) than losses (39.89%) - typical of diversified or defensive assets.
- Beta of 0.07 may look defensive, but with R2 of 0.01 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.01 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 10.74%
- Beta
- 0.07
- R²
- 0.01
- Upside Capture
- 49.38%
- Downside Capture
- 39.89%
Expense Ratio
EMKT.AX has an expense ratio of 0.69%, placing it in the medium range.
Return for Risk
Risk / Return Rank
EMKT.AX ranks 56 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for VanEck MSCI Multifactor Emerging Markets Equity ETF (EMKT.AX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EMKT.AX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.24 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.57 | 1.11 | +1.46 |
| Martin ratioReturn relative to average drawdown | 8.39 | 3.10 | +5.29 |
Dividends
Dividend History
VanEck MSCI Multifactor Emerging Markets Equity ETF provided a 13.38% dividend yield over the last twelve months, with an annual payout of A$4.64 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | A$4.64 | A$0.90 | A$0.65 | A$1.13 | A$0.80 | A$0.37 | A$0.48 | A$0.29 | A$0.09 |
Dividend yield | 13.38% | 2.92% | 2.48% | 5.28% | 4.20% | 1.67% | 2.40% | 1.41% | 0.52% |
Monthly Dividends
The table displays the monthly dividend distributions for VanEck MSCI Multifactor Emerging Markets Equity ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$4.64 | A$4.64 | |||||
| 2025 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.90 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.90 |
| 2024 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.65 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.65 |
| 2023 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$1.13 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$1.13 |
| 2022 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.80 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.80 |
| 2021 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.37 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.00 | A$0.37 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the VanEck MSCI Multifactor Emerging Markets Equity ETF. 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 VanEck MSCI Multifactor Emerging Markets Equity ETF was 23.26%, occurring on Mar 16, 2020. Recovery took 212 trading sessions.
The current VanEck MSCI Multifactor Emerging Markets Equity ETF drawdown is 7.87%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-23.26%Mar 2020 | 1mo 22d | 10mo 4d | 11mo 26dJan 2020 - Jan 2021 | COVID crash2020 |
-18.18%Oct 2018 | 5mo 19d | 1y 1mo | 1y 7moMay 2018 - Dec 2019 | Rate-hike selloffLate 2018 |
-18.03%Sep 2022 | 1y 28d | 9mo 27d | 1y 10moSep 2021 - Jul 2023 | Bear market2022 |
-13.55%Mar 2026 | 23d | 1mo 13d | 2mo 6dFeb 2026 - May 2026 | — |
-8.43%Jul 2026 | 20d | — | 23dJun 2026 - now | — |
Drawdown Indicators
| EMKT.AX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.26% | -41.07% | +17.81% |
Max Drawdown (1Y)Largest decline over 1 year | -13.55% | -11.69% | -1.86% |
Max Drawdown (3Y)Largest decline over 3 years | -13.55% | -17.74% | +4.19% |
Max Drawdown (5Y)Largest decline over 5 years | -18.03% | -22.01% | +3.98% |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.71% | — |
Current DrawdownCurrent decline from peak | -7.87% | -0.60% | -7.27% |
Average DrawdownAverage peak-to-trough decline | -5.78% | -11.02% | +5.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.23% | 4.20% | +0.03% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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