EMEM vs. EMXC
EMEM (Sophus Capital Emerging Market ETF) and EMXC (iShares MSCI Emerging Markets ex China ETF) are both Emerging Markets Equities funds. EMEM is actively managed, while EMXC is passively managed. With a 0.96 correlation, they move nearly in lockstep. EMEM charges 0.65%/yr vs 0.49%/yr for EMXC.
Performance
EMEM vs. EMXC - Performance Comparison
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Returns By Period
EMEM
- 1D
- -3.34%
- 1M
- 1.75%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EMXC
- 1D
- -3.38%
- 1M
- 3.70%
- 6M
- 27.75%
- YTD
- 33.98%
- 1Y
- 57.25%
- 3Y*
- 26.31%
- 5Y*
- 12.38%
- 10Y*
- —
EMEM vs. EMXC - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
EMEM Sophus Capital Emerging Market ETF | 2.32% |
EMXC iShares MSCI Emerging Markets ex China ETF | 5.75% |
Correlation
The correlation between EMEM and EMXC is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 20, 2026 | 0.96 |
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Return for Risk
EMEM vs. EMXC — Risk / Return Rank
EMEM
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EMXC
EMEM vs. EMXC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sophus Capital Emerging Market ETF (EMEM) and iShares MSCI Emerging Markets ex China ETF (EMXC). 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 | EMXC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.41 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.99 | — |
| Martin ratioReturn relative to average drawdown | — | 14.52 | — |
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Drawdowns
EMEM vs. EMXC - Drawdown Comparison
The maximum EMEM drawdown since its inception was -8.12%, smaller than the maximum EMXC drawdown of -42.81%. Use the drawdown chart below to compare losses from any high point for EMEM and EMXC.
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Drawdown Indicators
| EMEM | EMXC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.12% | -42.81% | +34.69% |
Max Drawdown (1Y)Largest decline over 1 year | — | -14.41% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.12% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -28.91% | — |
Current DrawdownCurrent decline from peak | -6.79% | -9.10% | +2.31% |
Average DrawdownAverage peak-to-trough decline | -3.06% | -10.14% | +7.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.96% | — |
Volatility
EMEM vs. EMXC - Volatility Comparison
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Volatility by Period
| EMEM | EMXC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 15.36% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 24.36% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 38.40% | 26.09% | +12.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.40% | 18.64% | +19.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.40% | 20.34% | +18.06% |
EMEM vs. EMXC - Expense Ratio Comparison
EMEM has a 0.65% expense ratio, which is higher than EMXC's 0.49% expense ratio.
Dividends
EMEM vs. EMXC - Dividend Comparison
EMEM has not paid dividends to shareholders, while EMXC's dividend yield for the trailing twelve months is around 1.99%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
EMEM Sophus Capital Emerging Market ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EMXC iShares MSCI Emerging Markets ex China ETF | 1.99% | 2.82% | 2.69% | 1.83% | 2.85% | 1.78% | 1.45% | 3.25% | 2.63% | 0.99% |
Frequently Asked Questions
With a correlation of 0.96, EMEM and EMXC 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.
On fees, EMXC is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EMXC is cheaper with a 0.49% expense ratio, compared with 0.65% for EMEM.
EMXC has the higher dividend yield at 1.99%, compared with 0.00% for EMEM.
They also come from different issuers: Sophus Capital and iShares. Their fees differ too: 0.65% for EMEM and 0.49% for EMXC.
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