EMC vs. SCHD

Last updated Jun 24, 2026

EMC (Global X Emerging Markets Great Consumer ETF) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - EMC is a Emerging Markets Diversified fund actively managed by Global X, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. EMC is actively managed, while SCHD is passively managed. Over the past 3 years, EMC returned 15.69%/yr vs 14.60%/yr for SCHD. At a 0.37 correlation, their price movements are largely independent. EMC charges 0.75%/yr vs 0.06%/yr for SCHD.

Performance

EMC vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Emerging Markets Great Consumer ETF (EMC) and Schwab U.S. Dividend Equity ETF (SCHD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EMC achieves a 20.87% return, which is significantly higher than SCHD's 17.72% return.

EMC

• 1D: -5.16%
• 1M: 2.68%
• YTD: 20.87%
• 6M: 22.02%
• 1Y: 31.90%
• 3Y*: 15.69%
• 5Y*: —
• 10Y*: —

SCHD

• 1D: 0.41%
• 1M: -2.47%
• YTD: 17.72%
• 6M: 17.25%
• 1Y: 24.56%
• 3Y*: 14.60%
• 5Y*: 8.71%
• 10Y*: 12.72%

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

EMC vs. SCHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
EMC Global X Emerging Markets Great Consumer ETF	20.87%	18.91%	3.75%	1.62%
SCHD Schwab U.S. Dividend Equity ETF	17.72%	4.34%	11.66%	11.81%

Correlation

The correlation between EMC and SCHD is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (All Time) Calculated using the full available price history since May 15, 2023	0.37

The correlation between EMC and SCHD shifts across timeframes, from 0.23 (1 year) to 0.37 (all time), reflecting how their relationship changes across market environments.

Return for Risk

EMC vs. SCHD — Risk / Return Rank

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

EMC

EMC Risk / Return Rank: 46
EMC Sharpe Ratio Rank: 43
EMC Sortino Ratio Rank: 41
EMC Omega Ratio Rank: 45
EMC Calmar Ratio Rank: 50
EMC Martin Ratio Rank: 52

SCHD

SCHD Risk / Return Rank: 77
SCHD Sharpe Ratio Rank: 72
SCHD Sortino Ratio Rank: 80
SCHD Omega Ratio Rank: 70
SCHD Calmar Ratio Rank: 90
SCHD Martin Ratio Rank: 71

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. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Emerging Markets Great Consumer ETF (EMC) and Schwab U.S. Dividend Equity ETF (SCHD). 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	SCHD	Difference
Sharpe ratio: Return per unit of total volatility	1.40	2.23	-0.83
Sortino ratio: Return per unit of downside risk	1.96	3.40	-1.44
Omega ratio: Gain probability vs. loss probability	1.27	1.40	-0.13
Calmar ratio: Return relative to maximum drawdown	2.31	5.35	-3.04
Martin ratio: Return relative to average drawdown	8.19	12.94	-4.75

EMC vs. SCHD - Sharpe Ratio Comparison

The current EMC Sharpe Ratio is 1.40, which is lower than the SCHD Sharpe Ratio of 2.23. The chart below compares the historical Sharpe Ratios of EMC and SCHD, 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

EMC vs. SCHD - Drawdown Comparison

The maximum EMC drawdown since its inception was -18.38%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for EMC and SCHD.

Drawdown Indicators

	EMC	SCHD	Difference
Max Drawdown Largest peak-to-trough decline	-18.38%	-33.37%	+14.99%
Max Drawdown (1Y) Largest decline over 1 year	-13.89%	-4.61%	-9.28%
Max Drawdown (3Y) Largest decline over 3 years	-18.38%	-16.13%	-2.25%
Max Drawdown (5Y) Largest decline over 5 years	—	-16.85%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.37%	—
Current Drawdown Current decline from peak	-5.16%	-2.47%	-2.69%
Average Drawdown Average peak-to-trough decline	-4.11%	-3.31%	-0.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.91%	1.90%	+2.01%

Volatility

EMC vs. SCHD - Volatility Comparison

Global X Emerging Markets Great Consumer ETF (EMC) has a higher volatility of 11.79% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 3.58%. This indicates that EMC's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EMC	SCHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.79%	3.58%	+8.21%
Volatility (6M) Calculated over the trailing 6-month period	20.86%	7.73%	+13.13%
Volatility (1Y) Calculated over the trailing 1-year period	22.90%	11.07%	+11.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.30%	14.36%	+4.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.30%	16.71%	+2.59%

EMC vs. SCHD - Expense Ratio Comparison

EMC has a 0.75% expense ratio, which is higher than SCHD's 0.06% expense ratio.

Dividends

EMC vs. SCHD - Dividend Comparison

EMC's dividend yield for the trailing twelve months is around 0.65%, less than SCHD's 3.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
SCHD Schwab U.S. Dividend Equity ETF	3.30%	3.82%	3.64%	3.49%	3.39%	2.78%	3.16%	2.98%	3.06%	2.63%	2.89%	2.97%

Frequently Asked Questions

Can I hold both EMC and SCHD in my portfolio?

EMC and SCHD have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EMC or SCHD?

EMC has higher volatility (11.79%) compared to SCHD (3.58%). In terms of maximum drawdown, EMC dropped -18.38% vs SCHD's -33.37%.

Which ETF is better, EMC or SCHD?

On 3-year performance, EMC leads with 15.69% vs 14.60% for SCHD. On fees, SCHD is cheaper at 0.06% per year. On volatility, SCHD has been the lower-risk option at 3.58%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EMC or SCHD?

Over the 3-year period, EMC has performed better with a 15.69% return vs 14.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EMC or SCHD?

SCHD is cheaper with a 0.06% expense ratio, compared with 0.75% for EMC.

Which ETF pays a higher dividend yield, EMC or SCHD?

SCHD has the higher dividend yield at 3.30%, compared with 0.65% for EMC.

What is the main difference between EMC and SCHD?

EMC is categorized as Emerging Markets Diversified, while SCHD is Dividend. They also come from different issuers: Global X and Charles Schwab. Their fees differ too: 0.75% for EMC and 0.06% for SCHD.

Which has better risk-adjusted returns?

SCHD currently has the higher Sharpe Ratio (2.23 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.