EMIF vs. EMOP

Last updated Jun 4, 2026

EMIF (iShares Emerging Markets Infrastructure ETF) and EMOP (AB Emerging Markets Opportunities ETF) are both Emerging Markets Equities funds. EMIF is passively managed, while EMOP is actively managed. A 0.57 correlation means they provide meaningful diversification when combined. EMIF charges 0.75%/yr vs 0.70%/yr for EMOP.

Performance

EMIF vs. EMOP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Emerging Markets Infrastructure ETF (EMIF) and AB Emerging Markets Opportunities ETF (EMOP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EMIF achieves a 1.74% return, which is significantly lower than EMOP's 32.56% return.

EMIF

• 1D: -1.54%
• 1M: -6.56%
• YTD: 1.74%
• 6M: 0.79%
• 1Y: 21.17%
• 3Y*: 11.48%
• 5Y*: 4.93%
• 10Y*: 2.36%

EMOP

• 1D: -0.72%
• 1M: 8.86%
• YTD: 32.56%
• 6M: 34.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EMIF vs. EMOP - Yearly Performance Comparison

	2026 (YTD)	2025
EMIF iShares Emerging Markets Infrastructure ETF	1.74%	18.71%
EMOP AB Emerging Markets Opportunities ETF	32.56%	16.69%

Correlation

The correlation between EMIF and EMOP is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 20, 2025	0.57

EMIF vs. EMOP - Sectors Allocation Comparison

Sectors	EMIF	EMOP
Industrials	41.1%	8.1%
Utilities	40.1%	2.8%
Energy	18.8%	2.6%
Basic Materials	-	7.0%
Communication Services	-	12.3%
Consumer Cyclical	-	7.8%
Consumer Defensive	-	1.4%
Financial Services	-	24.0%
Healthcare	-	1.6%
Real Estate	-	2.3%
Technology	-	30.3%

Return for Risk

EMIF vs. EMOP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EMIF

EMIF Risk / Return Rank: 37
EMIF Sharpe Ratio Rank: 38
EMIF Sortino Ratio Rank: 38
EMIF Omega Ratio Rank: 39
EMIF Calmar Ratio Rank: 35
EMIF Martin Ratio Rank: 33

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EMIF vs. EMOP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Emerging Markets Infrastructure ETF (EMIF) and AB Emerging Markets Opportunities ETF (EMOP). 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.

	EMIF	EMOP	Difference
Sharpe ratio: Return per unit of total volatility	1.38	—	—
Sortino ratio: Return per unit of downside risk	2.00	—	—
Omega ratio: Gain probability vs. loss probability	1.26	—	—
Calmar ratio: Return relative to maximum drawdown	1.71	—	—
Martin ratio: Return relative to average drawdown	4.92	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EMIF	EMOP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.38	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.25	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.12	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.17	2.93	-2.76

Drawdowns

EMIF vs. EMOP - Drawdown Comparison

The maximum EMIF drawdown since its inception was -48.02%, which is greater than EMOP's maximum drawdown of -12.88%. Use the drawdown chart below to compare losses from any high point for EMIF and EMOP.

Drawdown Indicators

	EMIF	EMOP	Difference
Max Drawdown Largest peak-to-trough decline	-48.02%	-12.88%	-35.14%
Max Drawdown (1Y) Largest decline over 1 year	-12.45%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-16.70%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-23.68%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-48.02%	—	—
Current Drawdown Current decline from peak	-12.45%	-0.72%	-11.73%
Average Drawdown Average peak-to-trough decline	-15.91%	-1.90%	-14.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.31%	—	—

Volatility

Volatility by Period

	EMIF	EMOP	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.38%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.97%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.41%	19.85%	-4.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.67%	19.85%	-0.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.61%	19.85%	+0.76%

EMIF vs. EMOP - Expense Ratio Comparison

EMIF has a 0.75% expense ratio, which is higher than EMOP's 0.70% expense ratio.

Dividends

EMIF vs. EMOP - Dividend Comparison

EMIF's dividend yield for the trailing twelve months is around 4.87%, more than EMOP's 0.82% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EMIF iShares Emerging Markets Infrastructure ETF	4.87%	4.96%	4.12%	2.64%	3.08%	3.94%	2.54%	2.07%	2.64%	2.58%	3.16%	2.07%
EMOP AB Emerging Markets Opportunities ETF	0.82%	0.27%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EMIF and EMOP in my portfolio?

EMIF and EMOP have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EMIF or EMOP?

On fees, EMOP is cheaper at 0.70% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EMIF or EMOP?

EMOP is cheaper with a 0.70% expense ratio, compared with 0.75% for EMIF.

Which ETF pays a higher dividend yield, EMIF or EMOP?

EMIF has the higher dividend yield at 4.87%, compared with 0.82% for EMOP.

What is the main difference between EMIF and EMOP?

They also come from different issuers: iShares and AllianceBernstein. Their fees differ too: 0.75% for EMIF and 0.70% for EMOP.