EMC vs. IEMG

Last updated Apr 1, 2026

Compare and contrast key facts about Global X Emerging Markets Great Consumer ETF (EMC) and iShares Core MSCI Emerging Markets ETF (IEMG).

EMC and IEMG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EMC is an actively managed fund by Global X. It was launched on Sep 24, 2010. IEMG is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Investable Market Index. It was launched on Oct 18, 2012.

Performance

EMC vs. IEMG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Emerging Markets Great Consumer ETF (EMC) and iShares Core MSCI Emerging Markets ETF (IEMG). The values are adjusted to include any dividend payments, if applicable.

EMC vs. IEMG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
EMC Global X Emerging Markets Great Consumer ETF	0.47%	18.91%	3.75%	1.90%
IEMG iShares Core MSCI Emerging Markets ETF	3.76%	32.56%	6.50%	6.94%

Returns By Period

In the year-to-date period, EMC achieves a 0.47% return, which is significantly lower than IEMG's 3.76% return.

EMC

• 1D: 3.61%
• 1M: -9.47%
• YTD: 0.47%
• 6M: -0.44%
• 1Y: 18.96%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IEMG

• 1D: 3.61%
• 1M: -9.13%
• YTD: 3.76%
• 6M: 7.65%
• 1Y: 33.09%
• 3Y*: 16.07%
• 5Y*: 4.37%
• 10Y*: 8.23%

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

EMC vs. IEMG - Expense Ratio Comparison

EMC has a 0.75% expense ratio, which is higher than IEMG's 0.09% expense ratio.

EMC

Global X Emerging Markets Great Consumer ETF

IEMG

iShares Core MSCI Emerging Markets ETF

Return for Risk

EMC vs. IEMG — Risk / Return Rank

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

EMC

EMC Risk / Return Rank: 50
EMC Sharpe Ratio Rank: 49
EMC Sortino Ratio Rank: 51
EMC Omega Ratio Rank: 48
EMC Calmar Ratio Rank: 52
EMC Martin Ratio Rank: 51

IEMG

IEMG Risk / Return Rank: 86
IEMG Sharpe Ratio Rank: 86
IEMG Sortino Ratio Rank: 87
IEMG Omega Ratio Rank: 86
IEMG Calmar Ratio Rank: 86
IEMG Martin Ratio Rank: 86

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.

EMC vs. IEMG - 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 Core MSCI Emerging Markets ETF (IEMG). 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.

	EMC	IEMG	Difference
Sharpe ratio Return per unit of total volatility	0.90	1.68	-0.78
Sortino ratio Return per unit of downside risk	1.38	2.27	-0.90
Omega ratio Gain probability vs. loss probability	1.19	1.34	-0.15
Calmar ratio Return relative to maximum drawdown	1.34	2.48	-1.14
Martin ratio Return relative to average drawdown	5.02	9.61	-4.58
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EMC vs. IEMG - Sharpe Ratio Comparison

The current EMC Sharpe Ratio is 0.90, which is lower than the IEMG Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of EMC and IEMG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EMC	IEMG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.90	1.68	-0.78
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.25	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.42	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.28	+0.20

Correlation

The correlation between EMC and IEMG is 0.94, 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

EMC vs. IEMG - Dividend Comparison

EMC's dividend yield for the trailing twelve months is around 0.78%, less than IEMG's 2.65% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EMC Global X Emerging Markets Great Consumer ETF	0.78%	0.78%	1.13%	0.89%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IEMG iShares Core MSCI Emerging Markets ETF	2.65%	2.75%	3.20%	2.89%	2.71%	3.06%	1.87%	3.15%	2.76%	2.35%	2.28%	2.53%

Drawdowns

EMC vs. IEMG - Drawdown Comparison

The maximum EMC drawdown since its inception was -18.38%, smaller than the maximum IEMG drawdown of -38.71%. Use the drawdown chart below to compare losses from any high point for EMC and IEMG.

Drawdown Indicators

	EMC	IEMG	Difference
Max Drawdown Largest peak-to-trough decline	-18.38%	-38.71%	+20.33%
Max Drawdown (1Y) Largest decline over 1 year	-13.89%	-13.21%	-0.68%
Max Drawdown (5Y) Largest decline over 5 years	—	-35.93%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-38.71%	—
Current Drawdown Current decline from peak	-10.78%	-10.08%	-0.70%
Average Drawdown Average peak-to-trough decline	-4.20%	-13.11%	+8.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.71%	3.41%	+0.30%

Volatility

EMC vs. IEMG - Volatility Comparison

Global X Emerging Markets Great Consumer ETF (EMC) and iShares Core MSCI Emerging Markets ETF (IEMG) have volatilities of 10.57% and 10.48%, 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.

Volatility by Period

	EMC	IEMG	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.57%	10.48%	+0.09%
Volatility (6M) Calculated over the trailing 6-month period	15.31%	14.67%	+0.64%
Volatility (1Y) Calculated over the trailing 1-year period	21.18%	19.78%	+1.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.72%	17.91%	-0.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.72%	19.84%	-2.12%