DEMCX vs. DEMAX
Compare and contrast key facts about Nomura Emerging Markets Fund Class C (DEMCX) and Nomura Emerging Markets Fund Class A (DEMAX).
DEMCX is an actively managed fund by Nomura. It was launched on Jun 10, 1996. DEMAX is an actively managed fund by Nomura. It was launched on Jun 10, 1996.
Performance
DEMCX vs. DEMAX - Performance Comparison
Loading graphics...
Returns By Period
The year-to-date returns for both investments are quite close, with DEMCX having a 10.95% return and DEMAX slightly higher at 11.18%. Over the past 10 years, DEMCX has underperformed DEMAX with an annualized return of 13.13%, while DEMAX has yielded a comparatively higher 13.98% annualized return.
DEMCX
- 1D
- -5.71%
- 1M
- -10.01%
- YTD
- 10.95%
- 6M
- 31.69%
- 1Y
- 115.54%
- 3Y*
- 33.53%
- 5Y*
- 10.48%
- 10Y*
- 13.13%
DEMAX
- 1D
- -5.68%
- 1M
- -9.94%
- YTD
- 11.18%
- 6M
- 32.22%
- 1Y
- 117.26%
- 3Y*
- 34.56%
- 5Y*
- 11.31%
- 10Y*
- 13.98%
DEMCX vs. DEMAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DEMCX Nomura Emerging Markets Fund Class C | 10.95% | 84.86% | 5.47% | 16.47% | -29.38% | -3.05% | 24.55% | 23.16% | -17.94% | 40.59% |
DEMAX Nomura Emerging Markets Fund Class A | 11.18% | 86.33% | 6.25% | 17.34% | -28.85% | -2.32% | 25.54% | 24.05% | -17.32% | 41.62% |
Correlation
The correlation between DEMCX and DEMAX is 1.00 — these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk. Consider pairing with a less correlated asset class instead.
DEMCX vs. DEMAX - Expense Ratio Comparison
DEMCX has a 2.17% expense ratio, which is higher than DEMAX's 1.42% expense ratio.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DEMCX vs. DEMAX — Risk / Return Rank
DEMCX
DEMAX
DEMCX vs. DEMAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nomura Emerging Markets Fund Class C (DEMCX) and Nomura Emerging Markets Fund Class A (DEMAX). 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.
| DEMCX | DEMAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.87 | 2.91 | -0.05 |
Sortino ratioReturn per unit of downside risk | 3.07 | 3.11 | -0.04 |
Omega ratioGain probability vs. loss probability | 1.47 | 1.48 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 4.68 | 4.78 | -0.09 |
Martin ratioReturn relative to average drawdown | 18.22 | 18.59 | -0.37 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| DEMCX | DEMAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.87 | 2.91 | -0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.49 | -0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | 0.64 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.43 | -0.04 |
Drawdowns
DEMCX vs. DEMAX - Drawdown Comparison
The maximum DEMCX drawdown since its inception was -63.54%, roughly equal to the maximum DEMAX drawdown of -63.23%. Use the drawdown chart below to compare losses from any high point for DEMCX and DEMAX.
Loading graphics...
Drawdown Indicators
| DEMCX | DEMAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.54% | -63.23% | -0.31% |
Max Drawdown (1Y)Largest decline over 1 year | -21.11% | -21.03% | -0.08% |
Max Drawdown (5Y)Largest decline over 5 years | -44.75% | -44.15% | -0.60% |
Max Drawdown (10Y)Largest decline over 10 years | -47.21% | -46.51% | -0.70% |
Current DrawdownCurrent decline from peak | -21.11% | -21.03% | -0.08% |
Average DrawdownAverage peak-to-trough decline | -19.72% | -18.84% | -0.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.43% | 5.40% | +0.03% |
Volatility
DEMCX vs. DEMAX - Volatility Comparison
Nomura Emerging Markets Fund Class C (DEMCX) and Nomura Emerging Markets Fund Class A (DEMAX) have volatilities of 17.00% and 16.99%, 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.
Loading graphics...
Volatility by Period
| DEMCX | DEMAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.00% | 16.99% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 29.19% | 29.18% | +0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.92% | 33.92% | 0.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.28% | 23.28% | 0.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.03% | 22.03% | 0.00% |
Dividends
DEMCX vs. DEMAX - Dividend Comparison
DEMCX's dividend yield for the trailing twelve months is around 18.45%, more than DEMAX's 17.11% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DEMCX Nomura Emerging Markets Fund Class C | 18.45% | 20.47% | 1.09% | 2.03% | 0.69% | 2.58% | 0.61% | 0.00% | 0.00% | 1.03% | 0.08% | 0.00% |
DEMAX Nomura Emerging Markets Fund Class A | 17.11% | 19.03% | 1.74% | 2.76% | 1.60% | 3.16% | 0.56% | 0.57% | 0.34% | 1.59% | 0.70% | 0.03% |