EMC vs. DVYE
EMC (Global X Emerging Markets Great Consumer ETF) and DVYE (iShares Emerging Markets Dividend ETF) are both exchange-traded funds - EMC is a Emerging Markets Diversified fund actively managed by Global X, while DVYE is a Emerging Markets Equities fund tracking the Dow Jones Emerging Markets Select Dividend Index. EMC is actively managed, while DVYE is passively managed. Over the past 3 years, EMC returned 15.87%/yr vs 19.52%/yr for DVYE. A 0.72 correlation means they provide meaningful diversification when combined. EMC charges 0.75%/yr vs 0.49%/yr for DVYE.
Performance
EMC vs. DVYE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EMC achieves a 21.44% return, which is significantly higher than DVYE's 5.60% return.
EMC
- 1D
- 0.47%
- 1M
- 3.16%
- YTD
- 21.44%
- 6M
- 22.40%
- 1Y
- 29.23%
- 3Y*
- 15.87%
- 5Y*
- —
- 10Y*
- —
DVYE
- 1D
- -1.07%
- 1M
- -4.16%
- YTD
- 5.60%
- 6M
- 6.01%
- 1Y
- 19.85%
- 3Y*
- 19.52%
- 5Y*
- 4.32%
- 10Y*
- 7.47%
EMC vs. DVYE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
EMC Global X Emerging Markets Great Consumer ETF | 21.44% | 18.91% | 3.75% | 1.62% |
DVYE iShares Emerging Markets Dividend ETF | 5.60% | 28.36% | 8.89% | 16.66% |
Correlation
The correlation between EMC and DVYE is 0.65, 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 | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since May 15, 2023 | 0.72 |
The correlation between EMC and DVYE has been stable across timeframes, ranging from 0.65 to 0.72 - a consistent structural relationship.
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
EMC vs. DVYE — Risk / Return Rank
EMC
DVYE
EMC vs. DVYE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Emerging Markets Great Consumer ETF (EMC) and iShares Emerging Markets Dividend ETF (DVYE). 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 | DVYE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.24 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.11 | 2.40 | -0.29 |
| Martin ratioReturn relative to average drawdown | 7.48 | 7.52 | -0.04 |
Loading charts...
Drawdowns
EMC vs. DVYE - Drawdown Comparison
The maximum EMC drawdown since its inception was -18.38%, smaller than the maximum DVYE drawdown of -47.42%. Use the drawdown chart below to compare losses from any high point for EMC and DVYE.
Loading charts...
Drawdown Indicators
| EMC | DVYE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.38% | -47.42% | +29.04% |
Max Drawdown (1Y)Largest decline over 1 year | -13.89% | -8.29% | -5.60% |
Max Drawdown (3Y)Largest decline over 3 years | -18.38% | -14.63% | -3.75% |
Max Drawdown (5Y)Largest decline over 5 years | — | -40.89% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.89% | — |
Current DrawdownCurrent decline from peak | -4.72% | -8.29% | +3.57% |
Average DrawdownAverage peak-to-trough decline | -4.11% | -15.34% | +11.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.92% | 2.65% | +1.27% |
Volatility
EMC vs. DVYE - Volatility Comparison
Global X Emerging Markets Great Consumer ETF (EMC) has a higher volatility of 11.79% compared to iShares Emerging Markets Dividend ETF (DVYE) at 5.68%. This indicates that EMC's price experiences larger fluctuations and is considered to be riskier than DVYE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EMC | DVYE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.79% | 5.68% | +6.11% |
Volatility (6M)Calculated over the trailing 6-month period | 20.84% | 12.37% | +8.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.88% | 14.97% | +7.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.29% | 17.10% | +2.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.29% | 18.33% | +0.96% |
EMC vs. DVYE - Expense Ratio Comparison
EMC has a 0.75% expense ratio, which is higher than DVYE's 0.49% expense ratio.
Dividends
EMC vs. DVYE - Dividend Comparison
EMC's dividend yield for the trailing twelve months is around 0.65%, less than DVYE's 5.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DVYE iShares Emerging Markets Dividend ETF | 5.11% | 5.88% | 11.81% | 9.05% | 9.89% | 7.31% | 5.27% | 5.97% | 5.69% | 4.81% | 4.56% | 6.53% |
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% | 0.00% |
Frequently Asked Questions
EMC and DVYE have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EMC has higher volatility (11.79%) compared to DVYE (5.68%). In terms of maximum drawdown, EMC dropped -18.38% vs DVYE's -47.42%.
On 3-year performance, DVYE leads with 19.52% vs 15.87% for EMC. On fees, DVYE is cheaper at 0.49% per year. On volatility, DVYE has been the lower-risk option at 5.68%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, DVYE has performed better with a 19.52% return vs 15.87%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DVYE is cheaper with a 0.49% expense ratio, compared with 0.75% for EMC.
DVYE has the higher dividend yield at 5.11%, compared with 0.65% for EMC.
EMC is categorized as Emerging Markets Diversified, while DVYE is Emerging Markets Equities. They also come from different issuers: Global X and iShares. Their fees differ too: 0.75% for EMC and 0.49% for DVYE.
DVYE currently has the higher Sharpe Ratio (1.34 vs 1.29), 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.
Find the right allocation for EMC and DVYE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer