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ECON vs. MFEM
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ECON vs. MFEM

Last updated Apr 1, 2026

Compare and contrast key facts about Columbia Emerging Markets Consumer ETF (ECON) and PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM).

ECON and MFEM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ECON is a passively managed fund by Ameriprise Financial that tracks the performance of the Dow Jones Emerging Markets Consumer Titans Index. It was launched on Sep 14, 2010. MFEM is a passively managed fund by PIMCO that tracks the performance of the RAFI Dynamic Multi-Factor Emerging Market Index. It was launched on Aug 31, 2017. Both ECON and MFEM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

ECON vs. MFEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Emerging Markets Consumer ETF (ECON) and PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM). The values are adjusted to include any dividend payments, if applicable.

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ECON vs. MFEM - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
ECON
Columbia Emerging Markets Consumer ETF		5.16%34.15%0.22%7.51%-16.00%-14.11%20.83%17.22%-26.87%2.40%
MFEM
PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF		8.20%25.33%4.73%15.14%-19.50%10.77%11.33%15.26%-14.64%4.82%

Returns By Period

In the year-to-date period, ECON achieves a 5.16% return, which is significantly lower than MFEM's 8.20% return.

ECON

1D
3.72%
1M
-9.41%
YTD
5.16%
6M
10.37%
1Y
34.32%
3Y*
13.54%
5Y*
1.87%
10Y*
3.59%

MFEM

1D
2.92%
1M
-9.87%
YTD
8.20%
6M
12.54%
1Y
35.23%
3Y*
16.17%
5Y*
6.37%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Columbia Emerging Markets Consumer ETF

PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF

Often compared with ECON:
ECON vs. SPYECON vs. FLCHECON vs. VWOECON vs. IDMOECON vs. AVEEECON vs. REVSECON vs. ESGN
Often compared with MFEM:
MFEM vs. DEMMFEM vs. ZPRV.DEMFEM vs. FLXE.LMFEM vs. FLXE.DEMFEM vs. VOOMFEM vs. VWOMFEM vs. PRF

ECON vs. MFEM - Expense Ratio Comparison

Both ECON and MFEM have an expense ratio of 0.49%.

ECON
Columbia Emerging Markets Consumer ETF
MFEM
PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF

Return for Risk

ECON vs. MFEM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ECON
ECON Risk / Return Rank: 8484
Overall Rank
ECON Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
ECON Sortino Ratio Rank: 8585
Sortino Ratio Rank
ECON Omega Ratio Rank: 8484
Omega Ratio Rank
ECON Calmar Ratio Rank: 8484
Calmar Ratio Rank
ECON Martin Ratio Rank: 8282
Martin Ratio Rank
MFEM
MFEM Risk / Return Rank: 8888
Overall Rank
MFEM Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
MFEM Sortino Ratio Rank: 8989
Sortino Ratio Rank
MFEM Omega Ratio Rank: 8989
Omega Ratio Rank
MFEM Calmar Ratio Rank: 8787
Calmar Ratio Rank
MFEM Martin Ratio Rank: 8787
Martin Ratio Rank
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. MFEM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Emerging Markets Consumer ETF (ECON) and PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM). 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.

ECONMFEMDifference

Sharpe ratio

Return per unit of total volatility

1.70

1.89

-0.19

Sortino ratio

Return per unit of downside risk

2.30

2.47

-0.17

Omega ratio

Gain probability vs. loss probability

1.33

1.37

-0.04

Calmar ratio

Return relative to maximum drawdown

2.49

2.71

-0.23

Martin ratio

Return relative to average drawdown

9.33

10.38

-1.05

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ECON vs. MFEM - Sharpe Ratio Comparison

The current ECON Sharpe Ratio is 1.70, which is comparable to the MFEM Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of ECON and MFEM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

ECONMFEMDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.70

1.89

-0.19

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.09

0.40

-0.30

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.17

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.16

0.32

-0.16

Correlation

The correlation between ECON and MFEM is 0.84, 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

ECON vs. MFEM - Dividend Comparison

ECON's dividend yield for the trailing twelve months is around 1.68%, less than MFEM's 2.56% yield.

TTM20252024202320222021202020192018201720162015
ECON
Columbia Emerging Markets Consumer ETF		1.68%1.77%0.76%1.57%2.06%1.08%0.63%1.68%0.98%0.35%0.74%1.10%
MFEM
PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF		2.56%2.77%5.89%4.01%7.01%29.96%1.70%2.37%1.18%0.21%0.00%0.00%

Drawdowns

ECON vs. MFEM - Drawdown Comparison

The maximum ECON drawdown since its inception was -45.37%, roughly equal to the maximum MFEM drawdown of -43.32%. Use the drawdown chart below to compare losses from any high point for ECON and MFEM.

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Drawdown Indicators

ECONMFEMDifference

Max Drawdown

Largest peak-to-trough decline

-45.37%

-43.32%

-2.05%

Max Drawdown (1Y)

Largest decline over 1 year

-13.76%

-12.86%

-0.90%

Max Drawdown (5Y)

Largest decline over 5 years

-38.08%

-31.39%

-6.69%

Max Drawdown (10Y)

Largest decline over 10 years

-45.37%

—

—

Current Drawdown

Current decline from peak

-10.55%

-10.31%

-0.24%

Average Drawdown

Average peak-to-trough decline

-16.81%

-11.67%

-5.14%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.66%

3.36%

+0.30%

Volatility

ECON vs. MFEM - Volatility Comparison

Columbia Emerging Markets Consumer ETF (ECON) and PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF (MFEM) have volatilities of 10.51% and 10.30%, 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

ECONMFEMDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.51%

10.30%

+0.21%

Volatility (6M)

Calculated over the trailing 6-month period

15.20%

14.44%

+0.76%

Volatility (1Y)

Calculated over the trailing 1-year period

20.30%

18.72%

+1.58%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.82%

16.12%

+3.70%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.84%

19.22%

+1.62%