EMC vs. SPY
Compare and contrast key facts about Global X Emerging Markets Great Consumer ETF (EMC) and SPDR S&P 500 ETF (SPY).
EMC and SPY 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. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EMC or SPY.
Key characteristics
| EMC | SPY | |
|---|---|---|
| YTD Return | 4.99% | 19.22% |
| 1Y Return | 9.51% | 28.25% |
| Sharpe Ratio | 0.65 | 2.25 |
| Daily Std Dev | 14.76% | 12.59% |
| Max Drawdown | -12.58% | -55.19% |
| Current Drawdown | -5.51% | -0.32% |
Correlation
The correlation between EMC and SPY is 0.71, 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.
Performance
EMC vs. SPY - Performance Comparison
In the year-to-date period, EMC achieves a 4.99% return, which is significantly lower than SPY's 19.22% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EMC vs. SPY - Expense Ratio Comparison
EMC has a 0.75% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
EMC vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Emerging Markets Great Consumer ETF (EMC) and SPDR S&P 500 ETF (SPY). 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.
Dividends
EMC vs. SPY - Dividend Comparison
EMC's dividend yield for the trailing twelve months is around 1.28%, more than SPY's 0.93% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMC Global X Emerging Markets Great Consumer ETF | 1.28% | 0.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 0.93% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
EMC vs. SPY - Drawdown Comparison
The maximum EMC drawdown since its inception was -12.58%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for EMC and SPY. For additional features, visit the drawdowns tool.
Volatility
EMC vs. SPY - Volatility Comparison
Global X Emerging Markets Great Consumer ETF (EMC) has a higher volatility of 4.60% compared to SPDR S&P 500 ETF (SPY) at 3.94%. This indicates that EMC's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.