EMEQ vs. AGRO
EMEQ (Nomura Focused Emerging Markets Equity ETF) is Emerging Markets Equities fund actively managed by Nomura, while AGRO (Adecoagro S.A.) is a stock. Over the past year, EMEQ returned 107.90% vs 11.87% for AGRO. Their 0.09 correlation means their historical movements had little consistent relationship.
Performance
EMEQ vs. AGRO - Performance Comparison
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Returns By Period
In the year-to-date period, EMEQ achieves a 53.76% return, which is significantly higher than AGRO's 26.83% return.
EMEQ
- 1D
- 1.33%
- 1M
- -11.21%
- 6M
- 30.45%
- YTD
- 53.76%
- 1Y
- 107.90%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 65.06%
AGRO
- 1D
- -1.87%
- 1M
- 5.17%
- 6M
- 13.52%
- YTD
- 26.83%
- 1Y
- 11.87%
- 3Y*
- 0.23%
- 5Y*
- 3.87%
- 10Y*
- 1.08%
- ALL TIME*
- 0.47%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
AGRO Adecoagro S.A. | $7.27M | $6.92M | $10.04M |
| $8.75M | $9.16M | $11.52M |
EMEQ vs. AGRO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
EMEQ Nomura Focused Emerging Markets Equity ETF | 53.76% | 69.78% | -0.73% |
AGRO Adecoagro S.A. | 26.83% | -12.37% | -14.41% |
Correlation
The correlation between EMEQ and AGRO is 0.06, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.06 |
Correlation (All Time) Calculated using the full available price history since Sep 5, 2024 | 0.09 |
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Return for Risk
EMEQ vs. AGRO — Risk / Return Rank
EMEQ
AGRO
EMEQ vs. AGRO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nomura Focused Emerging Markets Equity ETF (EMEQ) and Adecoagro S.A. (AGRO). 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.
| EMEQ | AGRO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.45 | ||
| Sortino ratioReturn per unit of downside risk | +2.27 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.08 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 4.13 | 0.30 | +3.84 |
| Martin ratioReturn relative to average drawdown | 15.08 | 0.72 | +14.36 |
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Drawdowns
EMEQ vs. AGRO - Drawdown Comparison
The maximum EMEQ drawdown since its inception was -26.25%, smaller than the maximum AGRO drawdown of -73.70%. Use the drawdown chart below to compare losses from any high point for EMEQ and AGRO.
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Drawdown Indicators
| EMEQ | AGRO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.25% | -73.70% | +47.45% |
Max Drawdown (1Y)Largest decline over 1 year | -26.25% | -39.99% | +13.74% |
Max Drawdown (3Y)Largest decline over 3 years | — | -39.99% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -45.34% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -72.07% | — |
Current DrawdownCurrent decline from peak | -20.86% | -34.32% | +13.46% |
Average DrawdownAverage peak-to-trough decline | -4.67% | -31.48% | +26.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.18% | 16.44% | -9.26% |
Volatility
EMEQ vs. AGRO - Volatility Comparison
Nomura Focused Emerging Markets Equity ETF (EMEQ) and Adecoagro S.A. (AGRO) have volatilities of 14.87% and 14.49%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EMEQ | AGRO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.87% | 14.49% | +0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 37.54% | 41.25% | -3.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.39% | 49.77% | -9.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.15% | 42.21% | -8.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.15% | 40.11% | -5.96% |
Dividends
EMEQ vs. AGRO - Dividend Comparison
EMEQ's dividend yield for the trailing twelve months is around 1.79%, less than AGRO's 2.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
AGRO Adecoagro S.A. | 2.97% | 4.41% | 3.63% | 2.95% | 3.83% |
EMEQ Nomura Focused Emerging Markets Equity ETF | 1.79% | 2.76% | 0.84% | 0.00% | 0.00% |
Frequently Asked Questions
EMEQ and AGRO have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EMEQ has higher volatility (14.87%) compared to AGRO (14.49%). In terms of maximum drawdown, EMEQ dropped -26.25% vs AGRO's -73.70%.
EMEQ currently has the higher Sharpe Ratio (2.69 vs 0.24), 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.
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