EMC vs. DIEM
EMC (Global X Emerging Markets Great Consumer ETF) and DIEM (Franklin Emerging Market Core Dividend Tilt Index ETF) are both Emerging Markets Diversified funds. EMC is actively managed, while DIEM is passively managed. Over the past 3 years, EMC returned 15.69%/yr vs 27.25%/yr for DIEM. Their correlation of 0.92 suggests significant overlap in exposure. EMC charges 0.75%/yr vs 0.19%/yr for DIEM.
Performance
EMC vs. DIEM - Performance Comparison
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Returns By Period
In the year-to-date period, EMC achieves a 20.87% return, which is significantly lower than DIEM's 29.85% return.
EMC
- 1D
- -5.16%
- 1M
- 2.68%
- YTD
- 20.87%
- 6M
- 22.02%
- 1Y
- 31.90%
- 3Y*
- 15.69%
- 5Y*
- —
- 10Y*
- —
DIEM
- 1D
- -4.97%
- 1M
- 4.80%
- YTD
- 29.85%
- 6M
- 30.75%
- 1Y
- 53.23%
- 3Y*
- 27.25%
- 5Y*
- 11.58%
- 10Y*
- 9.27%
EMC vs. DIEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
EMC Global X Emerging Markets Great Consumer ETF | 20.87% | 18.91% | 3.75% | 1.62% |
DIEM Franklin Emerging Market Core Dividend Tilt Index ETF | 29.85% | 30.81% | 12.29% | 10.28% |
Correlation
The correlation between EMC and DIEM is 0.93, 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 | 0.93 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since May 15, 2023 | 0.92 |
The correlation between EMC and DIEM has been stable across timeframes, ranging from 0.92 to 0.93 - a consistent structural relationship.
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Return for Risk
EMC vs. DIEM — Risk / Return Rank
EMC
DIEM
EMC vs. DIEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Emerging Markets Great Consumer ETF (EMC) and Franklin Emerging Market Core Dividend Tilt Index ETF (DIEM). 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.
| EMC | DIEM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.15 | ||
| Sortino ratioReturn per unit of downside risk | -1.21 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.49 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 2.31 | 4.34 | -2.03 |
| Martin ratioReturn relative to average drawdown | 8.19 | 16.81 | -8.63 |
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Drawdowns
EMC vs. DIEM - Drawdown Comparison
The maximum EMC drawdown since its inception was -18.38%, smaller than the maximum DIEM drawdown of -38.61%. Use the drawdown chart below to compare losses from any high point for EMC and DIEM.
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Drawdown Indicators
| EMC | DIEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.38% | -38.61% | +20.23% |
Max Drawdown (1Y)Largest decline over 1 year | -13.89% | -12.33% | -1.56% |
Max Drawdown (3Y)Largest decline over 3 years | -18.38% | -16.82% | -1.56% |
Max Drawdown (5Y)Largest decline over 5 years | — | -33.34% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.61% | — |
Current DrawdownCurrent decline from peak | -5.16% | -4.97% | -0.19% |
Average DrawdownAverage peak-to-trough decline | -4.11% | -9.68% | +5.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.91% | 3.18% | +0.73% |
Volatility
EMC vs. DIEM - Volatility Comparison
Global X Emerging Markets Great Consumer ETF (EMC) and Franklin Emerging Market Core Dividend Tilt Index ETF (DIEM) have volatilities of 11.79% and 12.21%, 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
| EMC | DIEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.79% | 12.21% | -0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 20.86% | 19.22% | +1.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.90% | 20.98% | +1.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.30% | 17.58% | +1.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.30% | 17.91% | +1.39% |
EMC vs. DIEM - Expense Ratio Comparison
EMC has a 0.75% expense ratio, which is higher than DIEM's 0.19% expense ratio.
Dividends
EMC vs. DIEM - Dividend Comparison
EMC's dividend yield for the trailing twelve months is around 0.65%, less than DIEM's 1.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
DIEM Franklin Emerging Market Core Dividend Tilt Index ETF | 1.63% | 2.99% | 4.92% | 4.45% | 6.31% | 4.06% | 2.75% | 5.98% | 3.87% | 2.61% | 0.35% |
EMC Global X Emerging Markets Great Consumer ETF | 0.65% | 0.78% | 1.13% | 0.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.93, EMC and DIEM move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
DIEM has higher volatility (12.21%) compared to EMC (11.79%). In terms of maximum drawdown, EMC dropped -18.38% vs DIEM's -38.61%.
On 3-year performance, DIEM leads with 27.25% vs 15.69% for EMC. On fees, DIEM is cheaper at 0.19% per year. On volatility, EMC has been the lower-risk option at 11.79%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, DIEM has performed better with a 27.25% return vs 15.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DIEM is cheaper with a 0.19% expense ratio, compared with 0.75% for EMC.
DIEM has the higher dividend yield at 1.63%, compared with 0.65% for EMC.
They also come from different issuers: Global X and Franklin Templeton. Their fees differ too: 0.75% for EMC and 0.19% for DIEM.
DIEM currently has the higher Sharpe Ratio (2.55 vs 1.40), 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.
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