EMFI vs. RISE

Last updated Jul 18, 2026

EMFI (Pictet Emerging Markets Debt ETF) and RISE (Pictet Emerging Markets Rising Economies ETF) are both exchange-traded funds - EMFI is a Emerging Markets Bonds fund actively managed by Pictet, while RISE is a Emerging Markets Equities fund actively managed by Pictet. Both are actively managed. Their correlation of 0.81 suggests significant overlap in exposure. EMFI charges 0.50%/yr vs 0.73%/yr for RISE.

Performance

EMFI vs. RISE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pictet Emerging Markets Debt ETF (EMFI) and Pictet Emerging Markets Rising Economies ETF (RISE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EMFI

• 1D: -0.03%
• 1M: -0.28%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RISE

• 1D: -0.13%
• 1M: -2.90%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EMFI vs. RISE - Yearly Performance Comparison

	2026 (YTD)
EMFI Pictet Emerging Markets Debt ETF	1.65%
RISE Pictet Emerging Markets Rising Economies ETF	-7.75%

Correlation

The correlation between EMFI and RISE is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 23, 2026	0.81

Return for Risk

EMFI vs. RISE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pictet Emerging Markets Debt ETF (EMFI) and Pictet Emerging Markets Rising Economies ETF (RISE). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

EMFI vs. RISE - Drawdown Comparison

The maximum EMFI drawdown since its inception was -1.84%, smaller than the maximum RISE drawdown of -9.58%. Use the drawdown chart below to compare losses from any high point for EMFI and RISE.

Drawdown Indicators

	EMFI	RISE	Difference
Max Drawdown Largest peak-to-trough decline	-1.84%	-9.58%	+7.74%
Current Drawdown Current decline from peak	-0.77%	-8.12%	+7.35%
Average Drawdown Average peak-to-trough decline	-0.53%	-5.39%	+4.86%

Volatility

Volatility by Period

	EMFI	RISE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	6.19%	18.36%	-12.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.19%	18.36%	-12.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.19%	18.36%	-12.17%

EMFI vs. RISE - Expense Ratio Comparison

EMFI has a 0.50% expense ratio, which is lower than RISE's 0.73% expense ratio.

Dividends

EMFI vs. RISE - Dividend Comparison

EMFI's dividend yield for the trailing twelve months is around 0.90%, more than RISE's 0.49% yield.

Position	TTM
EMFI Pictet Emerging Markets Debt ETF	0.90%
RISE Pictet Emerging Markets Rising Economies ETF	0.49%

Frequently Asked Questions

Can I hold both EMFI and RISE in my portfolio?

EMFI and RISE have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EMFI or RISE?

On fees, EMFI is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EMFI or RISE?

EMFI is cheaper with a 0.50% expense ratio, compared with 0.73% for RISE.

Which ETF pays a higher dividend yield, EMFI or RISE?

EMFI has the higher dividend yield at 0.90%, compared with 0.49% for RISE.

What is the main difference between EMFI and RISE?

EMFI is categorized as Emerging Markets Bonds, while RISE is Emerging Markets Equities. Their fees differ too: 0.50% for EMFI and 0.73% for RISE.