ECON vs. GEME

Last updated Jun 24, 2026

ECON (Columbia Emerging Markets Consumer ETF) and GEME (Pacific North of South Global Emerging Markets Equity Active ETF) are both Emerging Markets Equities funds. ECON is passively managed, while GEME is actively managed. Over the past year, ECON returned 58.08% vs 70.02% for GEME. Their correlation of 0.89 suggests significant overlap in exposure. ECON charges 0.49%/yr vs 0.75%/yr for GEME.

Performance

ECON vs. GEME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Emerging Markets Consumer ETF (ECON) and Pacific North of South Global Emerging Markets Equity Active ETF (GEME). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with ECON having a 31.82% return and GEME slightly higher at 32.99%.

ECON

• 1D: -5.13%
• 1M: 5.11%
• YTD: 31.82%
• 6M: 32.29%
• 1Y: 58.08%
• 3Y*: 22.38%
• 5Y*: 6.68%
• 10Y*: 6.38%

GEME

• 1D: -4.95%
• 1M: 0.89%
• YTD: 32.99%
• 6M: 35.43%
• 1Y: 70.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ECON vs. GEME - Yearly Performance Comparison

	2026 (YTD)	2025
ECON Columbia Emerging Markets Consumer ETF	31.82%	32.15%
GEME Pacific North of South Global Emerging Markets Equity Active ETF	32.99%	37.43%

Correlation

The correlation between ECON and GEME is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.89
Correlation (All Time) Calculated using the full available price history since Jan 23, 2025	0.89

The correlation between ECON and GEME has been stable across timeframes, ranging from 0.89 to 0.89 - a consistent structural relationship.

Return for Risk

ECON vs. GEME — Risk / Return Rank

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

ECON

ECON Risk / Return Rank: 82
ECON Sharpe Ratio Rank: 84
ECON Sortino Ratio Rank: 77
ECON Omega Ratio Rank: 85
ECON Calmar Ratio Rank: 84
ECON Martin Ratio Rank: 82

GEME

GEME Risk / Return Rank: 90
GEME Sharpe Ratio Rank: 92
GEME Sortino Ratio Rank: 86
GEME Omega Ratio Rank: 90
GEME Calmar Ratio Rank: 90
GEME Martin Ratio Rank: 90

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.

ECON vs. GEME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Emerging Markets Consumer ETF (ECON) and Pacific North of South Global Emerging Markets Equity Active ETF (GEME). 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.

	ECON	GEME	Difference
Sharpe ratio: Return per unit of total volatility	2.48	3.03	-0.54
Sortino ratio: Return per unit of downside risk	3.15	3.58	-0.43
Omega ratio: Gain probability vs. loss probability	1.47	1.54	-0.07
Calmar ratio: Return relative to maximum drawdown	4.24	5.23	-0.99
Martin ratio: Return relative to average drawdown	15.17	19.34	-4.17

ECON vs. GEME - Sharpe Ratio Comparison

The current ECON Sharpe Ratio is 2.48, which is comparable to the GEME Sharpe Ratio of 3.03. The chart below compares the historical Sharpe Ratios of ECON and GEME, 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

ECON vs. GEME - Drawdown Comparison

The maximum ECON drawdown since its inception was -45.37%, which is greater than GEME's maximum drawdown of -16.86%. Use the drawdown chart below to compare losses from any high point for ECON and GEME.

Drawdown Indicators

	ECON	GEME	Difference
Max Drawdown Largest peak-to-trough decline	-45.37%	-16.86%	-28.51%
Max Drawdown (1Y) Largest decline over 1 year	-13.76%	-13.46%	-0.30%
Max Drawdown (3Y) Largest decline over 3 years	-16.37%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-38.08%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-45.37%	—	—
Current Drawdown Current decline from peak	-5.13%	-5.18%	+0.05%
Average Drawdown Average peak-to-trough decline	-16.60%	-2.38%	-14.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.84%	3.63%	+0.21%

Volatility

ECON vs. GEME - Volatility Comparison

Columbia Emerging Markets Consumer ETF (ECON) has a higher volatility of 13.47% compared to Pacific North of South Global Emerging Markets Equity Active ETF (GEME) at 10.98%. This indicates that ECON's price experiences larger fluctuations and is considered to be riskier than GEME based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ECON	GEME	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.47%	10.98%	+2.49%
Volatility (6M) Calculated over the trailing 6-month period	21.31%	20.46%	+0.85%
Volatility (1Y) Calculated over the trailing 1-year period	23.50%	23.24%	+0.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.95%	24.00%	-3.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.23%	24.00%	-2.77%

ECON vs. GEME - Expense Ratio Comparison

ECON has a 0.49% expense ratio, which is lower than GEME's 0.75% expense ratio.

Dividends

ECON vs. GEME - Dividend Comparison

ECON's dividend yield for the trailing twelve months is around 1.34%, less than GEME's 5.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ECON Columbia Emerging Markets Consumer ETF	1.34%	1.77%	0.76%	1.57%	2.06%	1.08%	0.63%	1.68%	0.98%	0.35%	0.74%	1.10%
GEME Pacific North of South Global Emerging Markets Equity Active ETF	5.27%	7.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ECON and GEME in my portfolio?

ECON and GEME have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ECON or GEME?

ECON has higher volatility (13.47%) compared to GEME (10.98%). In terms of maximum drawdown, ECON dropped -45.37% vs GEME's -16.86%.

Which ETF is better, ECON or GEME?

On 1-year performance, GEME leads with 70.02% vs 58.08% for ECON. On fees, ECON is cheaper at 0.49% per year. On volatility, GEME has been the lower-risk option at 10.98%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ECON or GEME?

Over the 1-year period, GEME has performed better with a 70.02% return vs 58.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ECON or GEME?

ECON is cheaper with a 0.49% expense ratio, compared with 0.75% for GEME.

Which ETF pays a higher dividend yield, ECON or GEME?

GEME has the higher dividend yield at 5.27%, compared with 1.34% for ECON.

What is the main difference between ECON and GEME?

They also come from different issuers: Ameriprise Financial and Pacific AM. Their fees differ too: 0.49% for ECON and 0.75% for GEME.

Which has better risk-adjusted returns?

GEME currently has the higher Sharpe Ratio (3.03 vs 2.48), 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.