AUGO vs. EMEQ

Last updated Jul 18, 2026

AUGO (Aura Minerals Inc. Common Shares) is a stock, while EMEQ (Nomura Focused Emerging Markets Equity ETF) is Emerging Markets Diversified fund actively managed by Nomura. Over the past year, AUGO returned 123.22% vs 107.24% for EMEQ. At a 0.33 correlation, their price movements are largely independent.

Performance

AUGO vs. EMEQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aura Minerals Inc. Common Shares (AUGO) and Nomura Focused Emerging Markets Equity ETF (EMEQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AUGO achieves a 1.44% return, which is significantly lower than EMEQ's 55.76% return.

AUGO

• 1D: -0.08%
• 1M: -23.89%
• 6M: -15.08%
• YTD: 1.44%
• 1Y: 123.22%
• 3Y*: —
• 5Y*: —
• 10Y*: —

EMEQ

• 1D: -0.91%
• 1M: -11.82%
• 6M: 42.33%
• YTD: 55.76%
• 1Y: 107.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AUGO vs. EMEQ - Yearly Performance Comparison

	2026 (YTD)	2025
AUGO Aura Minerals Inc. Common Shares	1.44%	111.07%
EMEQ Nomura Focused Emerging Markets Equity ETF	55.76%	33.09%

Correlation

The correlation between AUGO and EMEQ is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (All Time) Calculated using the full available price history since Jul 16, 2025	0.33

Return for Risk

AUGO vs. EMEQ — Risk / Return Rank

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

AUGO

AUGO Risk / Return Rank: 83
AUGO Sharpe Ratio Rank: 89
AUGO Sortino Ratio Rank: 82
AUGO Omega Ratio Rank: 82
AUGO Calmar Ratio Rank: 81
AUGO Martin Ratio Rank: 83

EMEQ

EMEQ Risk / Return Rank: 91
EMEQ Sharpe Ratio Rank: 94
EMEQ Sortino Ratio Rank: 84
EMEQ Omega Ratio Rank: 89
EMEQ Calmar Ratio Rank: 94
EMEQ Martin Ratio Rank: 93

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.

AUGO vs. EMEQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aura Minerals Inc. Common Shares (AUGO) and Nomura Focused Emerging Markets Equity ETF (EMEQ). 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.

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.

	AUGO	EMEQ	Difference
Sharpe ratio: Return per unit of total volatility	1.78	2.75	-0.98
Sortino ratio: Return per unit of downside risk	2.17	3.04	-0.86
Omega ratio: Gain probability vs. loss probability	1.28	1.44	-0.17
Calmar ratio: Return relative to maximum drawdown	2.32	5.44	-3.12
Martin ratio: Return relative to average drawdown	6.33	18.20	-11.87

AUGO vs. EMEQ - Sharpe Ratio Comparison

The current AUGO Sharpe Ratio is 1.78, which is lower than the EMEQ Sharpe Ratio of 2.75. The chart below compares the historical Sharpe Ratios of AUGO and EMEQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AUGO vs. EMEQ - Drawdown Comparison

The maximum AUGO drawdown since its inception was -53.51%, which is greater than EMEQ's maximum drawdown of -19.99%. Use the drawdown chart below to compare losses from any high point for AUGO and EMEQ.

Drawdown Indicators

	AUGO	EMEQ	Difference
Max Drawdown Largest peak-to-trough decline	-53.51%	-19.99%	-33.52%
Max Drawdown (1Y) Largest decline over 1 year	-53.51%	-19.83%	-33.68%
Current Drawdown Current decline from peak	-53.51%	-19.83%	-33.68%
Average Drawdown Average peak-to-trough decline	-12.48%	-4.34%	-8.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.53%	5.91%	+13.62%

Volatility

AUGO vs. EMEQ - Volatility Comparison

Aura Minerals Inc. Common Shares (AUGO) has a higher volatility of 25.63% compared to Nomura Focused Emerging Markets Equity ETF (EMEQ) at 17.28%. This indicates that AUGO's price experiences larger fluctuations and is considered to be riskier than EMEQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AUGO	EMEQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.63%	17.28%	+8.35%
Volatility (6M) Calculated over the trailing 6-month period	60.01%	36.59%	+23.42%
Volatility (1Y) Calculated over the trailing 1-year period	69.91%	39.20%	+30.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	69.78%	33.70%	+36.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	69.78%	33.70%	+36.08%

Dividends

AUGO vs. EMEQ - Dividend Comparison

AUGO's dividend yield for the trailing twelve months is around 4.48%, more than EMEQ's 1.77% yield.

Position	TTM	2025	2024
AUGO Aura Minerals Inc. Common Shares	4.48%	1.61%	0.00%
EMEQ Nomura Focused Emerging Markets Equity ETF	1.77%	2.76%	0.84%

Frequently Asked Questions

Can I hold both AUGO and EMEQ in my portfolio?

AUGO and EMEQ have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AUGO or EMEQ?

AUGO has higher volatility (25.63%) compared to EMEQ (17.28%). In terms of maximum drawdown, AUGO dropped -53.51% vs EMEQ's -19.99%.

Which has better risk-adjusted returns?

EMEQ currently has the higher Sharpe Ratio (2.75 vs 1.78), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.