EMKT vs. DIEM

Last updated Apr 2, 2026

Compare and contrast key facts about Lazard Emerging Markets Opportunities ETF (EMKT) and Franklin Emerging Market Core Dividend Tilt Index ETF (DIEM).

EMKT and DIEM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EMKT is an actively managed fund by Lazard. It was launched on Oct 27, 2025. DIEM is a passively managed fund by Franklin Templeton that tracks the performance of the Morningstar Emerging Markets Dividend Enhanced Select Index. It was launched on Jun 1, 2016.

Performance

EMKT vs. DIEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lazard Emerging Markets Opportunities ETF (EMKT) and Franklin Emerging Market Core Dividend Tilt Index ETF (DIEM). The values are adjusted to include any dividend payments, if applicable.

EMKT vs. DIEM - Yearly Performance Comparison

	2026 (YTD)	2025
EMKT Lazard Emerging Markets Opportunities ETF	4.36%	-1.29%
DIEM Franklin Emerging Market Core Dividend Tilt Index ETF	5.94%	1.15%

Returns By Period

In the year-to-date period, EMKT achieves a 4.36% return, which is significantly lower than DIEM's 5.94% return.

EMKT

• 1D: 1.42%
• 1M: -7.18%
• YTD: 4.36%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DIEM

• 1D: 0.57%
• 1M: -6.23%
• YTD: 5.94%
• 6M: 11.22%
• 1Y: 34.79%
• 3Y*: 19.28%
• 5Y*: 7.71%
• 10Y*: —

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

EMKT vs. DIEM - Expense Ratio Comparison

EMKT has a 0.74% expense ratio, which is higher than DIEM's 0.19% expense ratio.

EMKT

Lazard Emerging Markets Opportunities ETF

DIEM

Franklin Emerging Market Core Dividend Tilt Index ETF

Return for Risk

EMKT vs. DIEM — Risk / Return Rank

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

DIEM

DIEM Risk / Return Rank: 87
DIEM Sharpe Ratio Rank: 87
DIEM Sortino Ratio Rank: 88
DIEM Omega Ratio Rank: 89
DIEM Calmar Ratio Rank: 86
DIEM Martin Ratio Rank: 87

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.

EMKT vs. DIEM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard Emerging Markets Opportunities ETF (EMKT) and Franklin Emerging Market Core Dividend Tilt Index ETF (DIEM). 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.

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

Sharpe Ratios by Period

	EMKT	DIEM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.90	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.47	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.42	-0.06

Correlation

The correlation between EMKT and DIEM is 0.93, 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

EMKT vs. DIEM - Dividend Comparison

EMKT has not paid dividends to shareholders, while DIEM's dividend yield for the trailing twelve months is around 2.88%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
EMKT Lazard Emerging Markets Opportunities ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DIEM Franklin Emerging Market Core Dividend Tilt Index ETF	2.88%	2.99%	4.92%	4.45%	6.31%	4.06%	2.75%	5.98%	3.87%	2.61%	0.35%

Drawdowns

EMKT vs. DIEM - Drawdown Comparison

The maximum EMKT drawdown since its inception was -14.21%, smaller than the maximum DIEM drawdown of -38.61%. Use the drawdown chart below to compare losses from any high point for EMKT and DIEM.

Drawdown Indicators

	EMKT	DIEM	Difference
Max Drawdown Largest peak-to-trough decline	-14.21%	-38.61%	+24.40%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.33%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-33.34%	—
Current Drawdown Current decline from peak	-9.71%	-8.58%	-1.13%
Average Drawdown Average peak-to-trough decline	-3.41%	-9.86%	+6.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.10%	—

Volatility

Volatility by Period

	EMKT	DIEM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.54%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.44%	—
Volatility (1Y) Calculated over the trailing 1-year period	20.38%	18.44%	+1.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.38%	16.38%	+4.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.38%	17.40%	+2.98%