EMEM vs. EJAN

Last updated Jul 28, 2026

EMEM (Sophus Capital Emerging Market ETF) and EJAN (Innovator Emerging Markets Power Buffer ETF January) are both exchange-traded funds - EMEM is a Emerging Markets Equities fund actively managed by Sophus Capital, while EJAN is a Defined Outcome fund tracking the MSCI Emerging Markets Index. EMEM is actively managed, while EJAN is passively managed. Their correlation of 0.93 means they have usually moved in the same direction. EMEM charges 0.65%/yr vs 0.89%/yr for EJAN.

Performance

EMEM vs. EJAN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sophus Capital Emerging Market ETF (EMEM) and Innovator Emerging Markets Power Buffer ETF January (EJAN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EMEM

• 1D: 0.29%
• 1M: -5.50%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

EJAN

• 1D: 0.24%
• 1M: -0.41%
• 6M: 2.35%
• YTD: 5.44%
• 1Y: 9.78%
• 3Y*: 6.37%
• 5Y*: 3.36%
• 10Y*: —
• ALL TIME*: 4.23%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EJAN Innovator Emerging Markets Power Buffer ETF January	$218.22K	$729.11K	$476.33K
EMEM Sophus Capital Emerging Market ETF	$469.31K	$366.44K	$1.50M

EMEM vs. EJAN - Yearly Performance Comparison

	2026 (YTD)
EMEM Sophus Capital Emerging Market ETF	-2.00%
EJAN Innovator Emerging Markets Power Buffer ETF January	0.42%

Correlation

The correlation between EMEM and EJAN is 0.93, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 20, 2026	0.93

EMEM vs. EJAN - Sectors Allocation Comparison

Sectors	EMEM	EJAN
Technology	41.2%	45.2%
Financial Services	14.2%	18.5%
Industrials	8.8%	6.3%
Consumer Cyclical	4.6%	7.5%
Communication Services	4.2%	6.0%
Basic Materials	3.4%	5.5%
Consumer Defensive	2.1%	2.6%
Energy	2.1%	3.2%
Healthcare	1.7%	2.5%
Real Estate	1.6%	1.0%
Utilities	0.5%	1.8%

Return for Risk

EMEM vs. EJAN — Risk / Return Rank

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

EMEM

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

EJAN

EJAN Risk / Return Rank: 50
EJAN Sharpe Ratio Rank: 46
EJAN Sortino Ratio Rank: 46
EJAN Omega Ratio Rank: 59
EJAN Calmar Ratio Rank: 41
EJAN Martin Ratio Rank: 56

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.

EMEM vs. EJAN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sophus Capital Emerging Market ETF (EMEM) and Innovator Emerging Markets Power Buffer ETF January (EJAN). 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.

	EMEM	EJAN	Difference
Sharpe ratio: Return per unit of total volatility	—	1.15	—
Sortino ratio: Return per unit of downside risk	—	1.66	—
Omega ratio: Gain probability vs. loss probability	—	1.26	—
Calmar ratio: Return relative to maximum drawdown	—	1.48	—
Martin ratio: Return relative to average drawdown	—	6.55	—

Drawdowns

EMEM vs. EJAN - Drawdown Comparison

The maximum EMEM drawdown since its inception was -11.28%, smaller than the maximum EJAN drawdown of -22.23%. Use the drawdown chart below to compare losses from any high point for EMEM and EJAN.

Drawdown Indicators

	EMEM	EJAN	Difference
Max Drawdown Largest peak-to-trough decline	-11.28%	-22.23%	+10.95%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.63%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-11.75%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.84%	—
Current Drawdown Current decline from peak	-10.73%	-1.46%	-9.27%
Average Drawdown Average peak-to-trough decline	-4.82%	-5.68%	+0.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.50%	—

Volatility

Volatility by Period

	EMEM	EJAN	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.46%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.09%	—
Volatility (1Y) Calculated over the trailing 1-year period	34.93%	8.54%	+26.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.93%	11.15%	+23.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.93%	12.64%	+22.29%

EMEM vs. EJAN - Expense Ratio Comparison

EMEM has a 0.65% expense ratio, which is lower than EJAN's 0.89% expense ratio.

Dividends

EMEM vs. EJAN - Dividend Comparison

Neither EMEM nor EJAN has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both EMEM and EJAN in my portfolio?

With a correlation of 0.93, EMEM and EJAN move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, EMEM or EJAN?

On fees, EMEM is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EMEM or EJAN?

EMEM is cheaper with a 0.65% expense ratio, compared with 0.89% for EJAN.

Which ETF pays a higher dividend yield, EMEM or EJAN?

EMEM and EJAN have nearly identical dividend yields, around 0.00%.

What is the main difference between EMEM and EJAN?

EMEM is categorized as Emerging Markets Equities, while EJAN is Defined Outcome. They also come from different issuers: Sophus Capital and Innovator. Their fees differ too: 0.65% for EMEM and 0.89% for EJAN.