EMC vs. URA

Last updated Jun 4, 2026

EMC (Global X Emerging Markets Great Consumer ETF) and URA (Global X Uranium ETF) are both exchange-traded funds - EMC is a Emerging Markets Diversified fund actively managed by Global X, while URA is a Commodity Producers Equities fund tracking the Solactive Global Uranium & Nuclear Components Total Return Index. EMC is actively managed, while URA is passively managed. Over the past 3 years, EMC returned 17.56%/yr vs 39.27%/yr for URA. A 0.51 correlation means they provide meaningful diversification when combined. EMC charges 0.75%/yr vs 0.69%/yr for URA.

Performance

EMC vs. URA - Performance Comparison

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

Returns By Period

In the year-to-date period, EMC achieves a 25.25% return, which is significantly higher than URA's 17.93% return.

EMC

• 1D: -1.64%
• 1M: 9.84%
• YTD: 25.25%
• 6M: 27.29%
• 1Y: 39.53%
• 3Y*: 17.56%
• 5Y*: —
• 10Y*: —

URA

• 1D: -5.67%
• 1M: -8.00%
• YTD: 17.93%
• 6M: 13.25%
• 1Y: 61.26%
• 3Y*: 39.27%
• 5Y*: 21.39%
• 10Y*: 17.12%

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

EMC vs. URA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
EMC Global X Emerging Markets Great Consumer ETF	25.25%	18.91%	3.75%	1.90%
URA Global X Uranium ETF	17.93%	67.18%	-0.58%	44.38%

Correlation

The correlation between EMC and URA is 0.53, 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	0.53
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (All Time) Calculated using the full available price history since May 16, 2023	0.51

The correlation between EMC and URA has been stable across timeframes, ranging from 0.51 to 0.53 - a consistent structural relationship.

EMC vs. URA - Sectors Allocation Comparison

Sectors	EMC	URA
Technology	42.4%	0.9%
Financial Services	22.7%	-
Consumer Cyclical	10.3%	-
Communication Services	8.1%	-
Industrials	4.5%	21.9%
Basic Materials	3.5%	5.0%
Energy	3.0%	57.0%
Healthcare	2.2%	-
Consumer Defensive	2.1%	-
Real Estate	1.4%	-
Utilities	-	9.4%

Return for Risk

EMC vs. URA — Risk / Return Rank

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

EMC

EMC Risk / Return Rank: 58
EMC Sharpe Ratio Rank: 57
EMC Sortino Ratio Rank: 56
EMC Omega Ratio Rank: 57
EMC Calmar Ratio Rank: 58
EMC Martin Ratio Rank: 60

URA

URA Risk / Return Rank: 34
URA Sharpe Ratio Rank: 33
URA Sortino Ratio Rank: 34
URA Omega Ratio Rank: 31
URA Calmar Ratio Rank: 43
URA Martin Ratio Rank: 30

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. URA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Emerging Markets Great Consumer ETF (EMC) and Global X Uranium ETF (URA). 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	URA	Difference
Sharpe ratio: Return per unit of total volatility	1.92	1.23	+0.69
Sortino ratio: Return per unit of downside risk	2.66	1.86	+0.80
Omega ratio: Gain probability vs. loss probability	1.35	1.22	+0.13
Calmar ratio: Return relative to maximum drawdown	2.86	2.17	+0.69
Martin ratio: Return relative to average drawdown	10.54	4.58	+5.95
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. URA - Sharpe Ratio Comparison

The current EMC Sharpe Ratio is 1.92, which is higher than the URA Sharpe Ratio of 1.23. The chart below compares the historical Sharpe Ratios of EMC and URA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EMC	URA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.92	1.23	+0.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.49	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.46	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.87	-0.05	+0.92

Drawdowns

EMC vs. URA - Drawdown Comparison

The maximum EMC drawdown since its inception was -18.38%, smaller than the maximum URA drawdown of -93.54%. Use the drawdown chart below to compare losses from any high point for EMC and URA.

Drawdown Indicators

	EMC	URA	Difference
Max Drawdown Largest peak-to-trough decline	-18.38%	-93.54%	+75.16%
Max Drawdown (1Y) Largest decline over 1 year	-13.89%	-28.43%	+14.54%
Max Drawdown (3Y) Largest decline over 3 years	-18.38%	-37.81%	+19.43%
Max Drawdown (5Y) Largest decline over 5 years	—	-37.90%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-61.45%	—
Current Drawdown Current decline from peak	-1.64%	-42.81%	+41.17%
Average Drawdown Average peak-to-trough decline	-4.11%	-75.01%	+70.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.76%	13.40%	-9.64%

Volatility

EMC vs. URA - Volatility Comparison

The current volatility for Global X Emerging Markets Great Consumer ETF (EMC) is 9.03%, while Global X Uranium ETF (URA) has a volatility of 15.94%. This indicates that EMC experiences smaller price fluctuations and is considered to be less risky than URA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EMC	URA	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.03%	15.94%	-6.91%
Volatility (6M) Calculated over the trailing 6-month period	18.24%	38.29%	-20.05%
Volatility (1Y) Calculated over the trailing 1-year period	20.68%	50.19%	-29.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.55%	43.62%	-25.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.55%	37.73%	-19.18%

EMC vs. URA - Expense Ratio Comparison

EMC has a 0.75% expense ratio, which is higher than URA's 0.69% expense ratio.

Dividends

EMC vs. URA - Dividend Comparison

EMC's dividend yield for the trailing twelve months is around 0.63%, less than URA's 4.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EMC Global X Emerging Markets Great Consumer ETF	0.63%	0.78%	1.13%	0.89%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
URA Global X Uranium ETF	4.14%	4.88%	2.86%	6.07%	0.76%	5.84%	1.69%	1.66%	0.44%	2.03%	7.28%	1.96%

Frequently Asked Questions

Can I hold both EMC and URA in my portfolio?

EMC and URA have a correlation of 0.53, 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 URA?

URA has higher volatility (15.94%) compared to EMC (9.03%). In terms of maximum drawdown, EMC dropped -18.38% vs URA's -93.54%.

Which ETF is better, EMC or URA?

On 3-year performance, URA leads with 39.27% vs 17.56% for EMC. On fees, URA is cheaper at 0.69% per year. On volatility, EMC has been the lower-risk option at 9.03%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EMC or URA?

Over the 3-year period, URA has performed better with a 39.27% return vs 17.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EMC or URA?

URA is cheaper with a 0.69% expense ratio, compared with 0.75% for EMC.

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

URA has the higher dividend yield at 4.14%, compared with 0.63% for EMC.

What is the main difference between EMC and URA?

EMC is categorized as Emerging Markets Diversified, while URA is Commodity Producers Equities. Their fees differ too: 0.75% for EMC and 0.69% for URA.

Which has better risk-adjusted returns?

EMC currently has the higher Sharpe Ratio (1.92 vs 1.23), 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.