EBIZ vs. KEMQ

Last updated Jul 17, 2026

EBIZ (Global X E-commerce ETF) and KEMQ (KraneShares Emerging Markets Consumer Technology Index ETF) are both exchange-traded funds - EBIZ is a Consumer Discretionary Equities fund tracking the Solactive E-commerce Index, while KEMQ is a Emerging Markets Equities fund tracking the Solactive Emerging Markets Consumer Technology Index. Both are passively managed. Over the past 5 years, EBIZ returned -1.49%/yr vs -2.92%/yr for KEMQ. A 0.77 correlation means they provide meaningful diversification when combined. EBIZ charges 0.50%/yr vs 0.60%/yr for KEMQ.

Performance

EBIZ vs. KEMQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X E-commerce ETF (EBIZ) and KraneShares Emerging Markets Consumer Technology Index ETF (KEMQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EBIZ achieves a -8.14% return, which is significantly lower than KEMQ's 3.99% return.

EBIZ

• 1D: 0.80%
• 1M: 7.07%
• 6M: -11.23%
• YTD: -8.14%
• 1Y: -3.72%
• 3Y*: 15.14%
• 5Y*: -1.49%
• 10Y*: —

KEMQ

• 1D: -1.62%
• 1M: 1.38%
• 6M: -4.06%
• YTD: 3.99%
• 1Y: 19.20%
• 3Y*: 21.23%
• 5Y*: -2.92%
• 10Y*: —

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

EBIZ vs. KEMQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
EBIZ Global X E-commerce ETF	-8.14%	17.74%	31.26%	30.88%	-40.96%	-13.26%	74.39%	32.76%	-10.56%
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF	3.99%	56.28%	13.81%	0.77%	-38.09%	-27.31%	39.26%	28.26%	-5.41%

Correlation

The correlation between EBIZ and KEMQ is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.69
Correlation (5Y) Calculated over the trailing 5-year period	0.77
Correlation (All Time) Calculated using the full available price history since Nov 30, 2018	0.77

The correlation between EBIZ and KEMQ shifts across timeframes, from 0.60 (1 year) to 0.77 (all time), reflecting how their relationship changes across market environments.

EBIZ vs. KEMQ - Sectors Allocation Comparison

Sectors	EBIZ	KEMQ
Consumer Cyclical	75.4%	33.0%
Technology	13.6%	40.2%
Industrials	4.8%	2.1%
Real Estate	2.2%	-
Communication Services	1.9%	15.4%
Healthcare	1.7%	2.8%
Financial Services	0.4%	2.7%
Basic Materials	-	-
Consumer Defensive	-	3.2%
Energy	-	-
Utilities	-	-

Return for Risk

EBIZ vs. KEMQ — Risk / Return Rank

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

EBIZ

EBIZ Risk / Return Rank: 8
EBIZ Sharpe Ratio Rank: 8
EBIZ Sortino Ratio Rank: 7
EBIZ Omega Ratio Rank: 7
EBIZ Calmar Ratio Rank: 8
EBIZ Martin Ratio Rank: 8

KEMQ

KEMQ Risk / Return Rank: 23
KEMQ Sharpe Ratio Rank: 24
KEMQ Sortino Ratio Rank: 24
KEMQ Omega Ratio Rank: 24
KEMQ Calmar Ratio Rank: 23
KEMQ Martin Ratio Rank: 23

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.

EBIZ vs. KEMQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X E-commerce ETF (EBIZ) and KraneShares Emerging Markets Consumer Technology Index ETF (KEMQ). 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.

	EBIZ	KEMQ	Difference
Sharpe ratio: Return per unit of total volatility	-0.18	0.70	-0.88
Sortino ratio: Return per unit of downside risk	-0.12	1.11	-1.23
Omega ratio: Gain probability vs. loss probability	0.99	1.14	-0.15
Calmar ratio: Return relative to maximum drawdown	-0.13	0.88	-1.01
Martin ratio: Return relative to average drawdown	-0.24	2.20	-2.44

EBIZ vs. KEMQ - Sharpe Ratio Comparison

The current EBIZ Sharpe Ratio is -0.18, which is lower than the KEMQ Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of EBIZ and KEMQ, 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

EBIZ vs. KEMQ - Drawdown Comparison

The maximum EBIZ drawdown since its inception was -61.58%, smaller than the maximum KEMQ drawdown of -70.72%. Use the drawdown chart below to compare losses from any high point for EBIZ and KEMQ.

Drawdown Indicators

	EBIZ	KEMQ	Difference
Max Drawdown Largest peak-to-trough decline	-61.58%	-70.72%	+9.14%
Max Drawdown (1Y) Largest decline over 1 year	-27.73%	-21.94%	-5.79%
Max Drawdown (3Y) Largest decline over 3 years	-27.73%	-21.94%	-5.79%
Max Drawdown (5Y) Largest decline over 5 years	-56.69%	-63.85%	+7.16%
Current Drawdown Current decline from peak	-19.50%	-30.15%	+10.65%
Average Drawdown Average peak-to-trough decline	-24.32%	-35.60%	+11.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.34%	8.75%	+6.59%

Volatility

EBIZ vs. KEMQ - Volatility Comparison

The current volatility for Global X E-commerce ETF (EBIZ) is 5.62%, while KraneShares Emerging Markets Consumer Technology Index ETF (KEMQ) has a volatility of 8.09%. This indicates that EBIZ experiences smaller price fluctuations and is considered to be less risky than KEMQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EBIZ	KEMQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.62%	8.09%	-2.47%
Volatility (6M) Calculated over the trailing 6-month period	15.81%	22.78%	-6.97%
Volatility (1Y) Calculated over the trailing 1-year period	20.34%	27.55%	-7.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.96%	32.17%	-3.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.55%	29.63%	-1.08%

EBIZ vs. KEMQ - Expense Ratio Comparison

EBIZ has a 0.50% expense ratio, which is lower than KEMQ's 0.60% expense ratio.

Dividends

EBIZ vs. KEMQ - Dividend Comparison

EBIZ's dividend yield for the trailing twelve months is around 0.51%, less than KEMQ's 5.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
EBIZ Global X E-commerce ETF	0.51%	0.51%	0.23%	0.00%	0.10%	0.57%	0.84%	0.18%
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF	5.06%	5.27%	0.73%	0.29%	0.00%	0.28%	2.28%	1.76%

Frequently Asked Questions

Can I hold both EBIZ and KEMQ in my portfolio?

EBIZ and KEMQ have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EBIZ or KEMQ?

KEMQ has higher volatility (8.09%) compared to EBIZ (5.62%). In terms of maximum drawdown, EBIZ dropped -61.58% vs KEMQ's -70.72%.

Which ETF is better, EBIZ or KEMQ?

On 5-year performance, EBIZ leads with -1.49% vs -2.92% for KEMQ. On fees, EBIZ is cheaper at 0.50% per year. On volatility, EBIZ has been the lower-risk option at 5.62%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EBIZ or KEMQ?

Over the 5-year period, EBIZ has performed better with a -1.49% return vs -2.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EBIZ or KEMQ?

EBIZ is cheaper with a 0.50% expense ratio, compared with 0.60% for KEMQ.

Which ETF pays a higher dividend yield, EBIZ or KEMQ?

KEMQ has the higher dividend yield at 5.06%, compared with 0.51% for EBIZ.

What is the main difference between EBIZ and KEMQ?

EBIZ is categorized as Consumer Discretionary Equities, while KEMQ is Emerging Markets Equities. EBIZ tracks Solactive E-commerce Index, while KEMQ tracks Solactive Emerging Markets Consumer Technology Index. They also come from different issuers: Global X and CICC. Their fees differ too: 0.50% for EBIZ and 0.60% for KEMQ.

Which has better risk-adjusted returns?

KEMQ currently has the higher Sharpe Ratio (0.70 vs -0.18), 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.