EMF vs. GSIYX
EMF (Templeton Emerging Markets Fund) and GSIYX (Goldman Sachs GQG Partners International Opportunities Fund Class R6) are both mutual funds - EMF is a Emerging Markets Equities fund actively managed by Franklin Templeton, while GSIYX is a Foreign Large Cap Equities fund tracking the MSCI AC World ex USA Growth (Net). EMF is actively managed, while GSIYX is passively managed. Over the past 5 years, EMF returned 12.12%/yr vs 9.23%/yr for GSIYX. Their 0.57 correlation means they have sometimes moved together and sometimes differently. EMF charges 1.43%/yr vs 0.75%/yr for GSIYX.
Performance
EMF vs. GSIYX - Performance Comparison
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Returns By Period
In the year-to-date period, EMF achieves a 27.21% return, which is significantly higher than GSIYX's 8.15% return.
EMF
- 1D
- 1.68%
- 1M
- -5.02%
- 6M
- 9.69%
- YTD
- 27.21%
- 1Y
- 55.05%
- 3Y*
- 28.54%
- 5Y*
- 12.12%
- 10Y*
- 13.35%
- ALL TIME*
- 6.56%
GSIYX
- 1D
- 0.62%
- 1M
- 2.02%
- 6M
- 4.43%
- YTD
- 8.15%
- 1Y
- 15.65%
- 3Y*
- 15.48%
- 5Y*
- 9.23%
- 10Y*
- —
- ALL TIME*
- 12.79%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.08M | $849.02K | $917.55K | |
| $0.00 | $0.00 | $0.00 |
EMF vs. GSIYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EMF Templeton Emerging Markets Fund | 27.21% | 58.20% | 6.56% | 8.84% | -21.53% | -8.23% | 24.48% | 27.20% | -14.78% | 53.55% |
GSIYX Goldman Sachs GQG Partners International Opportunities Fund Class R6 | 8.15% | 20.89% | 9.69% | 22.07% | -10.99% | 12.47% | 15.86% | 27.59% | -6.02% | 29.91% |
Correlation
The correlation between EMF and GSIYX is 0.14, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.14 |
Correlation (3Y) Balances recent behavior with more history. | 0.40 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.50 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.57 |
Over the past year, the correlation between EMF and GSIYX has dropped to 0.14 - well below their long-term average of 0.57, suggesting their price drivers have been diverging.
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Return for Risk
EMF vs. GSIYX — Risk / Return Rank
EMF
GSIYX
EMF vs. GSIYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Templeton Emerging Markets Fund (EMF) and Goldman Sachs GQG Partners International Opportunities Fund Class R6 (GSIYX). 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.
| EMF | GSIYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.52 | ||
| Sortino ratioReturn per unit of downside risk | +0.52 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.29 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.86 | 2.01 | +0.85 |
| Martin ratioReturn relative to average drawdown | 9.04 | 5.51 | +3.54 |
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Drawdowns
EMF vs. GSIYX - Drawdown Comparison
The maximum EMF drawdown since its inception was -76.97%, which is greater than GSIYX's maximum drawdown of -28.79%. Use the drawdown chart below to compare losses from any high point for EMF and GSIYX.
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Drawdown Indicators
| EMF | GSIYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.97% | -28.79% | -48.18% |
Max Drawdown (1Y)Largest decline over 1 year | -19.48% | -7.81% | -11.67% |
Max Drawdown (3Y)Largest decline over 3 years | -19.48% | -10.30% | -9.18% |
Max Drawdown (5Y)Largest decline over 5 years | -40.33% | -25.36% | -14.97% |
Max Drawdown (10Y)Largest decline over 10 years | -47.65% | — | — |
Current DrawdownCurrent decline from peak | -13.30% | -2.17% | -11.13% |
Average DrawdownAverage peak-to-trough decline | -28.90% | -4.80% | -24.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.15% | 2.85% | +3.30% |
Volatility
EMF vs. GSIYX - Volatility Comparison
Templeton Emerging Markets Fund (EMF) has a higher volatility of 9.86% compared to Goldman Sachs GQG Partners International Opportunities Fund Class R6 (GSIYX) at 2.75%. This indicates that EMF's price experiences larger fluctuations and is considered to be riskier than GSIYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EMF | GSIYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.86% | 2.75% | +7.11% |
Volatility (6M)Calculated over the trailing 6-month period | 23.40% | 8.20% | +15.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.33% | 9.88% | +16.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.21% | 14.27% | +6.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.86% | 15.62% | +5.24% |
EMF vs. GSIYX - Expense Ratio Comparison
EMF has a 1.43% expense ratio, which is higher than GSIYX's 0.75% expense ratio.
Dividends
EMF vs. GSIYX - Dividend Comparison
EMF's dividend yield for the trailing twelve months is around 7.91%, more than GSIYX's 4.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMF Templeton Emerging Markets Fund | 7.91% | 9.73% | 4.28% | 6.22% | 9.89% | 6.92% | 3.51% | 7.36% | 5.92% | 12.11% | 1.62% | 12.81% |
GSIYX Goldman Sachs GQG Partners International Opportunities Fund Class R6 | 4.76% | 5.14% | 11.21% | 2.38% | 4.91% | 2.25% | 0.19% | 0.67% | 0.55% | 0.16% | 0.00% | 0.00% |
Frequently Asked Questions
EMF and GSIYX have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EMF has higher volatility (9.86%) compared to GSIYX (2.75%). In terms of maximum drawdown, EMF dropped -76.97% vs GSIYX's -28.79%.
EMF currently has the higher Sharpe Ratio (2.12 vs 1.60), 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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