5CH6.DE vs. EMF

Last updated Jun 4, 2026

5CH6.DE (WisdomTree Short USD Long EUR 5x Daily EUR) and EMF (Templeton Emerging Markets Fund) are both funds - 5CH6.DE is a Leveraged Currency fund tracking the MSFXSM 5X Short US Dollar/Euro Total Return Index, while EMF is a Emerging Markets Equities fund actively managed by Franklin Templeton. 5CH6.DE is passively managed, while EMF is actively managed. Over the past 10 years, 5CH6.DE returned -16.12%/yr vs 15.40%/yr for EMF. At a correlation of -0.09, they often move in opposite directions. 5CH6.DE charges 0.98%/yr vs 1.43%/yr for EMF.

Performance

5CH6.DE vs. EMF - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in WisdomTree Short USD Long EUR 5x Daily EUR (5CH6.DE) and Templeton Emerging Markets Fund (EMF). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

5CH6.DE is traded in EUR, while EMF is traded in USD. To make them comparable, the EMF values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, 5CH6.DE achieves a -11.74% return, which is significantly lower than EMF's 43.06% return. Over the past 10 years, 5CH6.DE has underperformed EMF with an annualized return of -16.12%, while EMF has yielded a comparatively higher 15.40% annualized return.

5CH6.DE

• 1D: -1.23%
• 1M: -4.56%
• YTD: -11.74%
• 6M: -9.03%
• 1Y: -5.83%
• 3Y*: -2.16%
• 5Y*: -19.76%
• 10Y*: -16.12%

EMF

• 1D: -1.56%
• 1M: 15.53%
• YTD: 43.06%
• 6M: 50.43%
• 1Y: 89.51%
• 3Y*: 32.61%
• 5Y*: 12.68%
• 10Y*: 15.40%

*Multi-year figures are annualized to reflect compound growth (CAGR)

5CH6.DE vs. EMF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
5CH6.DE WisdomTree Short USD Long EUR 5x Daily EUR	-11.74%	48.13%	-32.59%	1.09%	-44.21%	-39.39%	30.48%	-27.67%	-37.38%	57.73%
EMF Templeton Emerging Markets Fund	43.06%	39.43%	13.60%	5.57%	-16.66%	-1.36%	14.22%	30.08%	-10.78%	34.68%

Correlation

The correlation between 5CH6.DE and EMF is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.04
Correlation (5Y) Calculated over the trailing 5-year period	0.03
Correlation (10Y) Calculated over the trailing 10-year period	-0.05
Correlation (All Time) Calculated using the full available price history since Sep 29, 2014	-0.09

The correlation between 5CH6.DE and EMF shifts across timeframes, from -0.09 (all time) to 0.06 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

5CH6.DE vs. EMF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

5CH6.DE

5CH6.DE Risk / Return Rank: 7
5CH6.DE Sharpe Ratio Rank: 7
5CH6.DE Sortino Ratio Rank: 7
5CH6.DE Omega Ratio Rank: 7
5CH6.DE Calmar Ratio Rank: 7
5CH6.DE Martin Ratio Rank: 7

EMF

EMF Risk / Return Rank: 94
EMF Sharpe Ratio Rank: 98
EMF Sortino Ratio Rank: 94
EMF Omega Ratio Rank: 94
EMF Calmar Ratio Rank: 91
EMF Martin Ratio Rank: 92

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

5CH6.DE vs. EMF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Short USD Long EUR 5x Daily EUR (5CH6.DE) and Templeton Emerging Markets Fund (EMF). 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.

	5CH6.DE	EMF	Difference
Sharpe ratio Return per unit of total volatility	-0.19	4.15	-4.35
Sortino ratio Return per unit of downside risk	-0.07	4.99	-5.06
Omega ratio Gain probability vs. loss probability	0.99	1.71	-0.72
Calmar ratio Return relative to maximum drawdown	-0.25	5.28	-5.53
Martin ratio Return relative to average drawdown	-0.48	20.49	-20.98
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

5CH6.DE vs. EMF - Sharpe Ratio Comparison

The current 5CH6.DE Sharpe Ratio is -0.19, which is lower than the EMF Sharpe Ratio of 4.15. The chart below compares the historical Sharpe Ratios of 5CH6.DE and EMF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	5CH6.DE	EMF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.19	4.15	-4.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.49	0.67	-1.16
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.44	0.78	-1.21
Sharpe Ratio (All Time) Calculated using the full available price history	-0.51	0.35	-0.87

Drawdowns

5CH6.DE vs. EMF - Drawdown Comparison

The maximum 5CH6.DE drawdown since its inception was -95.83%, which is greater than EMF's maximum drawdown of -63.59%. Use the drawdown chart below to compare losses from any high point for 5CH6.DE and EMF.

Drawdown Indicators

	5CH6.DE	EMF	Difference
Max Drawdown Largest peak-to-trough decline	-95.83%	-63.59%	-32.24%
Max Drawdown (1Y) Largest decline over 1 year	-23.57%	-17.03%	-6.54%
Max Drawdown (3Y) Largest decline over 3 years	-48.64%	-17.58%	-31.06%
Max Drawdown (5Y) Largest decline over 5 years	-79.13%	-34.06%	-45.07%
Max Drawdown (10Y) Largest decline over 10 years	-90.59%	-38.24%	-52.35%
Current Drawdown Current decline from peak	-93.43%	-1.56%	-91.87%
Average Drawdown Average peak-to-trough decline	-79.77%	-16.37%	-63.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.10%	4.38%	+7.72%

Volatility

5CH6.DE vs. EMF - Volatility Comparison

The current volatility for WisdomTree Short USD Long EUR 5x Daily EUR (5CH6.DE) is 6.67%, while Templeton Emerging Markets Fund (EMF) has a volatility of 8.60%. This indicates that 5CH6.DE experiences smaller price fluctuations and is considered to be less risky than EMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	5CH6.DE	EMF	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.67%	8.60%	-1.93%
Volatility (6M) Calculated over the trailing 6-month period	20.37%	18.75%	+1.62%
Volatility (1Y) Calculated over the trailing 1-year period	30.36%	21.70%	+8.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.85%	19.06%	+20.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.91%	19.86%	+17.05%

5CH6.DE vs. EMF - Expense Ratio Comparison

5CH6.DE has a 0.98% expense ratio, which is lower than EMF's 1.43% expense ratio.

Dividends

5CH6.DE vs. EMF - Dividend Comparison

5CH6.DE has not paid dividends to shareholders, while EMF's dividend yield for the trailing twelve months is around 6.97%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
5CH6.DE WisdomTree Short USD Long EUR 5x Daily EUR	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EMF Templeton Emerging Markets Fund	6.97%	9.73%	4.28%	6.22%	9.89%	6.92%	3.51%	7.36%	5.92%	12.11%	1.62%	12.81%

Frequently Asked Questions

Can I hold both 5CH6.DE and EMF in my portfolio?

5CH6.DE and EMF have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.