SPDR ETFs Australia - State Street SPDR S&P Emerging Markets Carbon Aware ETF (WEMG.AX) 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 WEMG.AX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Best Risk-Adjusted Alternatives to WEMG.AX
WEMG.AX has a PortfoliosLab risk / return rank of 30. There are 3 ETFs in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 55.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck MSCI Multifactor Emerging Markets Equity ET... | 55 | — | Apr 2018 | WEMG.AX vs EMKT.AX | |
| iShares MSCI Emerging Markets ETF (AU) | 51 | — | Apr 2003 | WEMG.AX vs IEM.AX | |
| Fidelity Global Emerging Markets Active ETF | 39 | — | Oct 2018 | WEMG.AX vs FEMX.AX | |
| Vanguard FTSE Emerging Markets Shares ETF | 26 | — | Nov 2013 | WEMG.AX vs VGE.AX |
Top Performing WEMG.AX Alternatives (YTD)
WEMG.AX is at 6.00% YTD. There are 3 ETFs in the Emerging Markets Equities category with higher YTD returns, going as high as 26.61%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck MSCI Multifactor Emerging Markets Equity ET... | 26.61% | — | Apr 2018 | WEMG.AX vs EMKT.AX | |
| iShares MSCI Emerging Markets ETF (AU) | 14.97% | — | Apr 2003 | WEMG.AX vs IEM.AX | |
| Fidelity Global Emerging Markets Active ETF | 11.39% | — | Oct 2018 | WEMG.AX vs FEMX.AX | |
| Vanguard FTSE Emerging Markets Shares ETF | 4.15% | — | Nov 2013 | WEMG.AX vs VGE.AX |
Lowest Volatility Alternatives to WEMG.AX
WEMG.AX has 14.28% 1-year volatility. There is 1 ETF in the Emerging Markets Equities category with lower 1-year volatility, going as low as 13.39%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard FTSE Emerging Markets Shares ETF | 13.39% | — | Nov 2013 | WEMG.AX vs VGE.AX | |
| iShares MSCI Emerging Markets ETF (AU) | 18.03% | — | Apr 2003 | WEMG.AX vs IEM.AX | |
| Fidelity Global Emerging Markets Active ETF | 18.67% | — | Oct 2018 | WEMG.AX vs FEMX.AX | |
| VanEck MSCI Multifactor Emerging Markets Equity ET... | 23.92% | — | Apr 2018 | WEMG.AX vs EMKT.AX |
Lowest Drawdown Alternatives to WEMG.AX
WEMG.AX has a 1-year max drawdown of -12.68%. There are 3 ETFs in the Emerging Markets Equities category with shallower 1-year drawdowns, going as shallow as -11.25%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares MSCI Emerging Markets ETF (AU) | -11.25% | — | Apr 2003 | WEMG.AX vs IEM.AX | |
| Fidelity Global Emerging Markets Active ETF | -11.66% | — | Oct 2018 | WEMG.AX vs FEMX.AX | |
| Vanguard FTSE Emerging Markets Shares ETF | -12.53% | — | Nov 2013 | WEMG.AX vs VGE.AX | |
| VanEck MSCI Multifactor Emerging Markets Equity ET... | -13.55% | — | Apr 2018 | WEMG.AX vs EMKT.AX |
Other ETFs from SPDR
The 10 most viewed SPDR ETFs shown here include GOVT.AX, DJRE.AX, OZF.AX and span 6 categories.
Compare WEMG.AX with Any Fund or Stock
Compare WEMG.AX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair WEMG.AX with funds that move differently
SPDR ETFs Australia - State Street SPDR S&P Emerging Markets Carbon Aware ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to WEMG.AX.
Explore WEMG.AX Diversifiers