KraneShares MSCI Emerging Markets ex China Index ETF (KEMX) belongs to the Emerging Markets Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with KEMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to KEMX
KEMX charges 0.25% annually. There are 15 ETFs in the Emerging Markets Equities category with lower expense ratios, going as low as 0.07%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Emerging Markets Ex-China ETF | 0.07% | 258.70M | Sep 2025 | KEMX vs VEXC | |
| SPDR Portfolio Emerging Markets ETF | 0.07% | 16.81B | Mar 2007 | KEMX vs SPEM | |
| Vanguard FTSE Emerging Markets ETF | 0.08% | 163.30B | Mar 2005 | KEMX vs VWO | |
| iShares Core MSCI Emerging Markets ETF | 0.09% | 152.22B | Oct 2012 | KEMX vs IEMG | |
| BNY Mellon Emerging Markets Equity ETF | 0.11% | 89.24M | Apr 2020 | KEMX vs BKEM |
Best Risk-Adjusted Alternatives to KEMX
KEMX has a PortfoliosLab risk / return rank of 83. There are 6 ETFs in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Focused Emerging Markets Equity ETF | 92 | 658.42M | Sep 2024 | KEMX vs EMEQ | |
| iShares MSCI Emerging Markets Value Factor ETF | 90 | — | Sep 2024 | KEMX vs EVLU | |
| Pacific North of South Global Emerging Markets Equ... | 90 | 366.05M | Jan 2025 | KEMX vs GEME | |
| First Trust Bloomberg Emerging Market Democracies ... | 89 | 38.85M | Mar 2023 | KEMX vs EMDM | |
| First Trust Emerging Markets Human Flourishing ETF | 86 | 123.28M | Oct 2023 | KEMX vs FTHF |
Top Performing KEMX Alternatives (YTD)
KEMX is at 30.22% YTD. There are 5 ETFs in the Emerging Markets Equities category with higher YTD returns, going as high as 55.77%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Focused Emerging Markets Equity ETF | 55.77% | 658.42M | Sep 2024 | KEMX vs EMEQ | |
| First Trust Emerging Markets Human Flourishing ETF | 35.77% | 123.28M | Oct 2023 | KEMX vs FTHF | |
| Matthews Emerging Markets Sustainable Future Activ... | 32.23% | 43.26M | Sep 2023 | KEMX vs EMSF | |
| Strive Emerging Markets Ex-China ETF | 31.89% | 139.63M | Jan 2023 | KEMX vs STXE | |
| Pacific North of South Global Emerging Markets Equ... | 30.26% | 366.05M | Jan 2025 | KEMX vs GEME |
Lowest Volatility Alternatives to KEMX
KEMX has 26.99% 1-year volatility. There are 105 ETFs in the Emerging Markets Equities category with lower 1-year volatility, going as low as 8.65%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Emerging Markets Power Buffer ETF Januar... | 8.65% | 144.99M | Jan 2020 | KEMX vs EJAN | |
| FT Vest Emerging Markets Buffer ETF - June | 10.70% | — | Jun 2025 | KEMX vs TJUN | |
| FT Vest Emerging Markets Buffer ETF - December | 11.07% | 10.25M | Dec 2024 | KEMX vs TDEC | |
| ProShares MSCI Emerging Markets Dividend Growers E... | 11.68% | 7.35M | Jan 2016 | KEMX vs EMDV | |
| First Trust Emerging Markets Equity Select ETF | 12.51% | 17.22M | Jun 2017 | KEMX vs RNEM |
Lowest Drawdown Alternatives to KEMX
KEMX has a 1-year max drawdown of -16.11%. There are 90 ETFs in the Emerging Markets Equities category with shallower 1-year drawdowns, going as shallow as -6.63%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Emerging Markets Power Buffer ETF Januar... | -6.63% | 144.99M | Jan 2020 | KEMX vs EJAN | |
| ProShares MSCI Emerging Markets Dividend Growers E... | -7.24% | 7.35M | Jan 2016 | KEMX vs EMDV | |
| WisdomTree Emerging Markets Equity Income Fund | -7.89% | 3.87B | Jul 2007 | KEMX vs DEM | |
| FT Vest Emerging Markets Buffer ETF - December | -8.16% | 10.25M | Dec 2024 | KEMX vs TDEC | |
| Pacer Emerging Markets Cash Cows 100 ETF | -8.35% | 217.49M | May 2019 | KEMX vs ECOW |
Other ETFs from CICC
The 8 most viewed CICC ETFs shown here include KBA, IVOL, KGRN and span 6 categories. AUM among these funds goes as high as $272M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| KraneShares Bosera MSCI China A Share ETF | China Equities, Asia Pacific Equities | 71 | 6.21% | 145.96M | Mar 2014 | KEMX vs KBA | |
| Quadratic Interest Rate Volatility & Inflation Hed... | Inflation-Protected Bonds | 2 | -6.93% | 272.07M | May 2019 | KEMX vs IVOL | |
| KraneShares MSCI China Clean Technology Index ETF | China Equities, Asia Pacific Equities | 7 | -9.22% | 55.22M | Oct 2017 | KEMX vs KGRN | |
| KraneShares Emerging Markets Consumer Technology I... | Emerging Markets Equities | 32 | 4.34% | 25.45M | Oct 2017 | KEMX vs KEMQ | |
| KraneShares MSCI All China Health Care Index ETF | China Equities, Asia Pacific Equities | 7 | 0.26% | 99.05M | Feb 2018 | KEMX vs KURE | |
| KFA Value Liner Dynamic Core Equity Index ETF | Large Cap Value Equities | 67 | 13.45% | 41.08M | Nov 2020 | KEMX vs KVLE | |
| KraneShares MSCI One Belt One Road Index ETF | Emerging Markets Equities | 28 | 0.24% | 4.03M | Sep 2017 | KEMX vs OBOR | |
| KraneShares Bloomberg China Bond Inclusion Index E... | International Government Bonds | — | — | 3.13M | Dec 2014 | KEMX vs KBND |
Often Compared With KEMX
Investors most often compare KEMX with XCEM, KLIP, KOKU. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare KEMX with Any Fund or Stock
Compare KEMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair KEMX with funds that move differently
KraneShares MSCI Emerging Markets ex China Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to KEMX.
Explore KEMX Diversifiers