AIEMX vs. EMPTX
Compare and contrast key facts about Alger Emerging Markets Fund (AIEMX) and UBS Emerging Markets Equity Opportunity Fund (EMPTX).
AIEMX is managed by Alger. It was launched on Dec 28, 2010. EMPTX is managed by UBS. It was launched on May 30, 2018.
Performance
AIEMX vs. EMPTX - Performance Comparison
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AIEMX vs. EMPTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
AIEMX Alger Emerging Markets Fund | 0.15% | 25.30% | 5.60% | 13.49% | -32.52% | -0.45% | 37.17% | 21.98% | -19.96% |
EMPTX UBS Emerging Markets Equity Opportunity Fund | 2.95% | 43.82% | 2.51% | 8.92% | -25.38% | -9.36% | 24.79% | 14.98% | 0.55% |
Returns By Period
In the year-to-date period, AIEMX achieves a 0.15% return, which is significantly lower than EMPTX's 2.95% return.
AIEMX
- 1D
- 3.20%
- 1M
- -9.76%
- YTD
- 0.15%
- 6M
- 2.85%
- 1Y
- 23.96%
- 3Y*
- 13.55%
- 5Y*
- -0.33%
- 10Y*
- 6.57%
EMPTX
- 1D
- 3.14%
- 1M
- -9.75%
- YTD
- 2.95%
- 6M
- 8.93%
- 1Y
- 38.76%
- 3Y*
- 17.16%
- 5Y*
- 1.70%
- 10Y*
- —
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AIEMX vs. EMPTX - Expense Ratio Comparison
AIEMX has a 1.45% expense ratio, which is higher than EMPTX's 0.19% expense ratio.
Return for Risk
AIEMX vs. EMPTX — Risk / Return Rank
AIEMX
EMPTX
AIEMX vs. EMPTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alger Emerging Markets Fund (AIEMX) and UBS Emerging Markets Equity Opportunity Fund (EMPTX). 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.
| AIEMX | EMPTX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.33 | 2.26 | -0.93 |
Sortino ratioReturn per unit of downside risk | 1.83 | 2.84 | -1.01 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.43 | -0.17 |
Calmar ratioReturn relative to maximum drawdown | 1.56 | 2.42 | -0.86 |
Martin ratioReturn relative to average drawdown | 6.64 | 9.35 | -2.71 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AIEMX | EMPTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.33 | 2.26 | -0.93 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.02 | 0.09 | -0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.34 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.33 | -0.18 |
Correlation
The correlation between AIEMX and EMPTX is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
AIEMX vs. EMPTX - Dividend Comparison
AIEMX's dividend yield for the trailing twelve months is around 0.05%, less than EMPTX's 1.86% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AIEMX Alger Emerging Markets Fund | 0.05% | 0.05% | 0.31% | 0.00% | 0.00% | 4.19% | 0.00% | 5.08% | 2.35% | 3.58% |
EMPTX UBS Emerging Markets Equity Opportunity Fund | 1.86% | 1.91% | 3.40% | 3.20% | 3.84% | 11.93% | 1.50% | 2.75% | 0.54% | 0.00% |
Drawdowns
AIEMX vs. EMPTX - Drawdown Comparison
The maximum AIEMX drawdown since its inception was -46.21%, roughly equal to the maximum EMPTX drawdown of -46.03%. Use the drawdown chart below to compare losses from any high point for AIEMX and EMPTX.
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Drawdown Indicators
| AIEMX | EMPTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.21% | -46.03% | -0.18% |
Max Drawdown (1Y)Largest decline over 1 year | -15.17% | -14.50% | -0.67% |
Max Drawdown (5Y)Largest decline over 5 years | -43.75% | -41.73% | -2.02% |
Max Drawdown (10Y)Largest decline over 10 years | -46.21% | — | — |
Current DrawdownCurrent decline from peak | -12.45% | -11.81% | -0.64% |
Average DrawdownAverage peak-to-trough decline | -17.41% | -18.72% | +1.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.55% | 3.94% | -0.39% |
Volatility
AIEMX vs. EMPTX - Volatility Comparison
Alger Emerging Markets Fund (AIEMX) and UBS Emerging Markets Equity Opportunity Fund (EMPTX) have volatilities of 10.03% and 9.66%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AIEMX | EMPTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.03% | 9.66% | +0.37% |
Volatility (6M)Calculated over the trailing 6-month period | 14.39% | 13.96% | +0.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.61% | 18.98% | -0.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.92% | 18.90% | +0.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.27% | 19.24% | +0.03% |