EMKT vs. EVLU
EMKT (Lazard Emerging Markets Opportunities ETF) and EVLU (iShares MSCI Emerging Markets Value Factor ETF) are both Emerging Markets Equities funds. EMKT is actively managed, while EVLU is passively managed. Their correlation of 0.87 means they have usually moved in the same direction. EMKT charges 0.74%/yr vs 0.35%/yr for EVLU.
Performance
EMKT vs. EVLU - Performance Comparison
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Returns By Period
In the year-to-date period, EMKT achieves a 22.96% return, which is significantly lower than EVLU's 27.72% return.
EMKT
- 1D
- 0.94%
- 1M
- -0.13%
- 6M
- 13.54%
- YTD
- 22.96%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
EVLU
- 1D
- 1.05%
- 1M
- 1.55%
- 6M
- 17.67%
- YTD
- 27.72%
- 1Y
- 54.31%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 35.77%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $362.94K | $359.48K | $607.32K | |
| $177.11K | $141.92K | $126.02K |
EMKT vs. EVLU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EMKT Lazard Emerging Markets Opportunities ETF | 22.96% | -1.26% |
EVLU iShares MSCI Emerging Markets Value Factor ETF | 27.72% | 3.05% |
Correlation
The correlation between EMKT and EVLU is 0.87, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 27, 2025 | 0.87 |
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Return for Risk
EMKT vs. EVLU — Risk / Return Rank
EMKT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EVLU
EMKT vs. EVLU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lazard Emerging Markets Opportunities ETF (EMKT) and iShares MSCI Emerging Markets Value Factor ETF (EVLU). 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.
| EMKT | EVLU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.45 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 4.23 | — |
| Martin ratioReturn relative to average drawdown | — | 12.22 | — |
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Drawdowns
EMKT vs. EVLU - Drawdown Comparison
The maximum EMKT drawdown since its inception was -14.21%, smaller than the maximum EVLU drawdown of -17.17%. Use the drawdown chart below to compare losses from any high point for EMKT and EVLU.
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Drawdown Indicators
| EMKT | EVLU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.21% | -17.17% | +2.96% |
Max Drawdown (1Y)Largest decline over 1 year | — | -12.90% | — |
Current DrawdownCurrent decline from peak | -7.46% | -6.86% | -0.60% |
Average DrawdownAverage peak-to-trough decline | -3.72% | -3.76% | +0.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.46% | — |
Volatility
EMKT vs. EVLU - Volatility Comparison
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Volatility by Period
| EMKT | EVLU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.42% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 18.35% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 25.76% | 20.92% | +4.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.76% | 20.36% | +5.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.76% | 20.36% | +5.40% |
EMKT vs. EVLU - Expense Ratio Comparison
EMKT has a 0.74% expense ratio, which is higher than EVLU's 0.35% expense ratio.
Dividends
EMKT vs. EVLU - Dividend Comparison
EMKT's dividend yield for the trailing twelve months is around 0.45%, less than EVLU's 3.81% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
EMKT Lazard Emerging Markets Opportunities ETF | 0.45% | 0.00% | 0.00% |
EVLU iShares MSCI Emerging Markets Value Factor ETF | 3.81% | 5.20% | 1.03% |
Frequently Asked Questions
EMKT and EVLU have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EVLU is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EVLU is cheaper with a 0.35% expense ratio, compared with 0.74% for EMKT.
EVLU has the higher dividend yield at 3.81%, compared with 0.45% for EMKT.
They also come from different issuers: Lazard and iShares. Their fees differ too: 0.74% for EMKT and 0.35% for EVLU.
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