EMCC vs. FNDE
Compare and contrast key facts about Global X MSCI Emerging Markets Covered Call ETF (EMCC) and Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE).
EMCC and FNDE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EMCC is a passively managed fund by Global X that tracks the performance of the Cboe MSCI Emerging Markets IMI BuyWrite Index.. It was launched on Nov 7, 2023. FNDE is a passively managed fund by Charles Schwab that tracks the performance of the Russell Fundamental Emerging Markets Large Company Index. It was launched on Aug 15, 2013. Both EMCC and FNDE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EMCC or FNDE.
Correlation
The correlation between EMCC and FNDE is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
EMCC vs. FNDE - Performance Comparison
Key characteristics
Returns By Period
EMCC
N/A
N/A
N/A
N/A
N/A
N/A
FNDE
3.30%
-3.66%
-1.97%
12.24%
12.00%
4.72%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
EMCC vs. FNDE - Expense Ratio Comparison
EMCC has a 0.60% expense ratio, which is higher than FNDE's 0.39% expense ratio.
Risk-Adjusted Performance
EMCC vs. FNDE — Risk-Adjusted Performance Rank
EMCC
FNDE
EMCC vs. FNDE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X MSCI Emerging Markets Covered Call ETF (EMCC) and Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE). 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
EMCC vs. FNDE - Dividend Comparison
EMCC has not paid dividends to shareholders, while FNDE's dividend yield for the trailing twelve months is around 4.67%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMCC Global X MSCI Emerging Markets Covered Call ETF | 8.12% | 11.24% | 1.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FNDE Schwab Fundamental Emerging Markets Large Company Index ETF | 4.67% | 4.82% | 4.74% | 5.59% | 4.31% | 2.49% | 3.47% | 3.05% | 2.05% | 1.65% | 2.02% | 1.36% |
Drawdowns
EMCC vs. FNDE - Drawdown Comparison
Volatility
EMCC vs. FNDE - Volatility Comparison
The current volatility for Global X MSCI Emerging Markets Covered Call ETF (EMCC) is 0.00%, while Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE) has a volatility of 11.37%. This indicates that EMCC experiences smaller price fluctuations and is considered to be less risky than FNDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.