EMEQ vs. EEMS
Compare and contrast key facts about Nomura Focused Emerging Markets Equity ETF (EMEQ) and iShares MSCI Emerging Markets Small-Cap ETF (EEMS).
EMEQ and EEMS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EMEQ is an actively managed fund by Nomura. It was launched on Sep 4, 2024. EEMS is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Small Cap Index. It was launched on Aug 16, 2011.
Performance
EMEQ vs. EEMS - Performance Comparison
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EMEQ vs. EEMS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
EMEQ Nomura Focused Emerging Markets Equity ETF | 14.16% | 69.78% | -1.16% |
EEMS iShares MSCI Emerging Markets Small-Cap ETF | 3.38% | 19.78% | -2.90% |
Returns By Period
In the year-to-date period, EMEQ achieves a 14.16% return, which is significantly higher than EEMS's 3.38% return.
EMEQ
- 1D
- 1.75%
- 1M
- -10.65%
- YTD
- 14.16%
- 6M
- 30.81%
- 1Y
- 82.68%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EEMS
- 1D
- 0.84%
- 1M
- -5.33%
- YTD
- 3.38%
- 6M
- 4.76%
- 1Y
- 27.44%
- 3Y*
- 14.64%
- 5Y*
- 6.60%
- 10Y*
- 8.19%
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EMEQ vs. EEMS - Expense Ratio Comparison
EMEQ has a 0.86% expense ratio, which is higher than EEMS's 0.73% expense ratio.
Return for Risk
EMEQ vs. EEMS — Risk / Return Rank
EMEQ
EEMS
EMEQ vs. EEMS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nomura Focused Emerging Markets Equity ETF (EMEQ) and iShares MSCI Emerging Markets Small-Cap ETF (EEMS). 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.
| EMEQ | EEMS | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.78 | 1.56 | +1.22 |
Sortino ratioReturn per unit of downside risk | 3.27 | 2.09 | +1.18 |
Omega ratioGain probability vs. loss probability | 1.48 | 1.30 | +0.18 |
Calmar ratioReturn relative to maximum drawdown | 4.68 | 2.68 | +1.99 |
Martin ratioReturn relative to average drawdown | 18.73 | 9.64 | +9.09 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EMEQ | EEMS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.78 | 1.56 | +1.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.42 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.46 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.88 | 0.28 | +1.60 |
Correlation
The correlation between EMEQ and EEMS is 0.75, 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.
Dividends
EMEQ vs. EEMS - Dividend Comparison
EMEQ's dividend yield for the trailing twelve months is around 2.42%, less than EEMS's 2.99% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMEQ Nomura Focused Emerging Markets Equity ETF | 2.42% | 2.76% | 0.84% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EEMS iShares MSCI Emerging Markets Small-Cap ETF | 2.99% | 3.09% | 2.60% | 2.69% | 0.89% | 3.56% | 2.14% | 2.64% | 3.06% | 2.47% | 2.51% | 2.33% |
Drawdowns
EMEQ vs. EEMS - Drawdown Comparison
The maximum EMEQ drawdown since its inception was -19.99%, smaller than the maximum EEMS drawdown of -48.89%. Use the drawdown chart below to compare losses from any high point for EMEQ and EEMS.
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Drawdown Indicators
| EMEQ | EEMS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.99% | -48.89% | +28.90% |
Max Drawdown (1Y)Largest decline over 1 year | -17.91% | -10.99% | -6.92% |
Max Drawdown (5Y)Largest decline over 5 years | — | -27.07% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -48.89% | — |
Current DrawdownCurrent decline from peak | -12.88% | -7.86% | -5.02% |
Average DrawdownAverage peak-to-trough decline | -4.09% | -10.60% | +6.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.47% | 3.06% | +1.41% |
Volatility
EMEQ vs. EEMS - Volatility Comparison
Nomura Focused Emerging Markets Equity ETF (EMEQ) has a higher volatility of 15.38% compared to iShares MSCI Emerging Markets Small-Cap ETF (EEMS) at 8.24%. This indicates that EMEQ's price experiences larger fluctuations and is considered to be riskier than EEMS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EMEQ | EEMS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.38% | 8.24% | +7.14% |
Volatility (6M)Calculated over the trailing 6-month period | 23.91% | 12.39% | +11.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.87% | 17.74% | +12.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.51% | 15.69% | +11.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.51% | 17.79% | +9.72% |