EMET vs. MOAT
EMET (VanEck Copper and Green Metals ETF) and MOAT (VanEck Morningstar Wide Moat ETF) are both exchange-traded funds - EMET is a Copper fund tracking the MVIS Global Clean-Tech Metals Index, while MOAT is a Large Cap Blend Equities fund tracking the Morningstar Wide Moat Focus Index. Both are passively managed. Over the past 3 years, EMET returned 18.09%/yr vs 10.36%/yr for MOAT. A 0.51 correlation means they provide meaningful diversification when combined. EMET charges 0.61%/yr vs 0.47%/yr for MOAT.
Performance
EMET vs. MOAT - Performance Comparison
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Returns By Period
In the year-to-date period, EMET achieves a 11.62% return, which is significantly higher than MOAT's -2.39% return.
EMET
- 1D
- -5.73%
- 1M
- -5.77%
- YTD
- 11.62%
- 6M
- 11.02%
- 1Y
- 87.54%
- 3Y*
- 18.09%
- 5Y*
- —
- 10Y*
- —
MOAT
- 1D
- 0.09%
- 1M
- -1.13%
- YTD
- -2.39%
- 6M
- -2.98%
- 1Y
- 12.04%
- 3Y*
- 10.36%
- 5Y*
- 7.68%
- 10Y*
- 13.64%
EMET vs. MOAT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
EMET VanEck Copper and Green Metals ETF | 11.62% | 81.22% | -12.81% | -12.28% | -17.15% | 0.11% |
MOAT VanEck Morningstar Wide Moat ETF | -2.39% | 13.20% | 10.73% | 31.89% | -13.66% | -0.49% |
Correlation
The correlation between EMET and MOAT is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Nov 11, 2021 | 0.51 |
The correlation between EMET and MOAT shifts across timeframes, from 0.39 (1 year) to 0.51 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
EMET vs. MOAT — Risk / Return Rank
EMET
MOAT
EMET vs. MOAT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Copper and Green Metals ETF (EMET) and VanEck Morningstar Wide Moat ETF (MOAT). 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.
| EMET | MOAT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.44 | ||
| Sortino ratioReturn per unit of downside risk | +1.35 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.15 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 3.44 | 0.97 | +2.47 |
| Martin ratioReturn relative to average drawdown | 11.10 | 2.92 | +8.18 |
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Drawdowns
EMET vs. MOAT - Drawdown Comparison
The maximum EMET drawdown since its inception was -53.05%, which is greater than MOAT's maximum drawdown of -33.31%. Use the drawdown chart below to compare losses from any high point for EMET and MOAT.
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Drawdown Indicators
| EMET | MOAT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.05% | -33.31% | -19.74% |
Max Drawdown (1Y)Largest decline over 1 year | -25.58% | -12.43% | -13.15% |
Max Drawdown (3Y)Largest decline over 3 years | -40.50% | -21.44% | -19.06% |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.96% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.31% | — |
Current DrawdownCurrent decline from peak | -15.40% | -6.12% | -9.28% |
Average DrawdownAverage peak-to-trough decline | -24.65% | -3.83% | -20.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.91% | 4.13% | +3.78% |
Volatility
EMET vs. MOAT - Volatility Comparison
VanEck Copper and Green Metals ETF (EMET) has a higher volatility of 15.63% compared to VanEck Morningstar Wide Moat ETF (MOAT) at 4.72%. This indicates that EMET's price experiences larger fluctuations and is considered to be riskier than MOAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EMET | MOAT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.63% | 4.72% | +10.91% |
Volatility (6M)Calculated over the trailing 6-month period | 33.60% | 10.23% | +23.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.24% | 13.99% | +24.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.37% | 18.24% | +15.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.37% | 18.65% | +14.72% |
EMET vs. MOAT - Expense Ratio Comparison
EMET has a 0.61% expense ratio, which is higher than MOAT's 0.47% expense ratio.
Dividends
EMET vs. MOAT - Dividend Comparison
EMET's dividend yield for the trailing twelve months is around 1.65%, more than MOAT's 1.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMET VanEck Copper and Green Metals ETF | 1.65% | 1.84% | 1.89% | 2.02% | 2.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MOAT VanEck Morningstar Wide Moat ETF | 1.39% | 1.36% | 1.37% | 0.86% | 1.25% | 1.08% | 1.46% | 1.31% | 1.79% | 1.07% | 1.17% | 2.13% |
Frequently Asked Questions
EMET and MOAT have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EMET has higher volatility (15.63%) compared to MOAT (4.72%). In terms of maximum drawdown, EMET dropped -53.05% vs MOAT's -33.31%.
On 3-year performance, EMET leads with 18.09% vs 10.36% for MOAT. On fees, MOAT is cheaper at 0.47% per year. On volatility, MOAT has been the lower-risk option at 4.72%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, EMET has performed better with a 18.09% return vs 10.36%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
MOAT is cheaper with a 0.47% expense ratio, compared with 0.61% for EMET.
EMET has the higher dividend yield at 1.65%, compared with 1.39% for MOAT.
EMET is categorized as Copper, while MOAT is Large Cap Blend Equities. EMET tracks MVIS Global Clean-Tech Metals Index, while MOAT tracks Morningstar Wide Moat Focus Index. Their fees differ too: 0.61% for EMET and 0.47% for MOAT.
EMET currently has the higher Sharpe Ratio (2.30 vs 0.87), 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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