EMCC vs. VWO
Compare and contrast key facts about Global X MSCI Emerging Markets Covered Call ETF (EMCC) and Vanguard FTSE Emerging Markets ETF (VWO).
EMCC and VWO 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. VWO is a passively managed fund by Vanguard that tracks the performance of the FTSE Emerging Index. It was launched on Mar 4, 2005. Both EMCC and VWO 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 VWO.
Correlation
The correlation between EMCC and VWO is 0.79, 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
EMCC vs. VWO - Performance Comparison
Key characteristics
EMCC:
1.19
VWO:
1.24
EMCC:
1.63
VWO:
1.80
EMCC:
1.25
VWO:
1.23
EMCC:
2.02
VWO:
0.89
EMCC:
6.62
VWO:
3.83
EMCC:
1.50%
VWO:
4.75%
EMCC:
8.42%
VWO:
14.61%
EMCC:
-4.94%
VWO:
-67.68%
EMCC:
-1.27%
VWO:
-7.26%
Returns By Period
In the year-to-date period, EMCC achieves a 1.37% return, which is significantly lower than VWO's 4.18% return.
EMCC
1.37%
1.16%
2.47%
9.67%
N/A
N/A
VWO
4.18%
4.75%
4.29%
15.24%
4.03%
3.97%
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EMCC vs. VWO - Expense Ratio Comparison
EMCC has a 0.60% expense ratio, which is higher than VWO's 0.08% expense ratio.
Risk-Adjusted Performance
EMCC vs. VWO — Risk-Adjusted Performance Rank
EMCC
VWO
EMCC vs. VWO - 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 Vanguard FTSE Emerging Markets ETF (VWO). 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. VWO - Dividend Comparison
EMCC's dividend yield for the trailing twelve months is around 11.13%, more than VWO's 3.07% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMCC Global X MSCI Emerging Markets Covered Call ETF | 11.13% | 11.24% | 1.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VWO Vanguard FTSE Emerging Markets ETF | 3.07% | 3.20% | 3.52% | 4.11% | 2.63% | 1.91% | 3.24% | 2.88% | 2.30% | 2.52% | 3.26% | 2.86% |
Drawdowns
EMCC vs. VWO - Drawdown Comparison
The maximum EMCC drawdown since its inception was -4.94%, smaller than the maximum VWO drawdown of -67.68%. Use the drawdown chart below to compare losses from any high point for EMCC and VWO. For additional features, visit the drawdowns tool.
Volatility
EMCC vs. VWO - Volatility Comparison
The current volatility for Global X MSCI Emerging Markets Covered Call ETF (EMCC) is 1.35%, while Vanguard FTSE Emerging Markets ETF (VWO) has a volatility of 3.58%. This indicates that EMCC experiences smaller price fluctuations and is considered to be less risky than VWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.