EMKT vs. MINT

Last updated Jun 4, 2026

EMKT (Lazard Emerging Markets Opportunities ETF) and MINT (PIMCO Enhanced Short Maturity Active ETF) are both exchange-traded funds - EMKT is a Emerging Markets Diversified fund actively managed by Lazard, while MINT is a Ultrashort Bond fund actively managed by PIMCO. Both are actively managed. At a 0.02 correlation, their price movements are largely independent. EMKT charges 0.74%/yr vs 0.36%/yr for MINT.

Performance

EMKT vs. MINT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lazard Emerging Markets Opportunities ETF (EMKT) and PIMCO Enhanced Short Maturity Active ETF (MINT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EMKT achieves a 30.02% return, which is significantly higher than MINT's 1.81% return.

EMKT

• 1D: -1.45%
• 1M: 11.71%
• YTD: 30.02%
• 6M: 31.86%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MINT

• 1D: 0.00%
• 1M: 0.36%
• YTD: 1.81%
• 6M: 2.20%
• 1Y: 4.67%
• 3Y*: 5.41%
• 5Y*: 3.47%
• 10Y*: 2.70%

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

EMKT vs. MINT - Yearly Performance Comparison

	2026 (YTD)	2025
EMKT Lazard Emerging Markets Opportunities ETF	30.02%	-1.29%
MINT PIMCO Enhanced Short Maturity Active ETF	1.81%	0.85%

Correlation

The correlation between EMKT and MINT is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 28, 2025	0.02

Return for Risk

EMKT vs. MINT — Risk / Return Rank

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

MINT

MINT Risk / Return Rank: 100
MINT Sharpe Ratio Rank: 100
MINT Sortino Ratio Rank: 100
MINT Omega Ratio Rank: 100
MINT Calmar Ratio Rank: 100
MINT Martin Ratio Rank: 100

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. MINT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard Emerging Markets Opportunities ETF (EMKT) and PIMCO Enhanced Short Maturity Active ETF (MINT). 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	MINT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	17.09	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	5.99	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	2.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.33	2.47	-0.14

Drawdowns

EMKT vs. MINT - Drawdown Comparison

The maximum EMKT drawdown since its inception was -14.21%, which is greater than MINT's maximum drawdown of -4.62%. Use the drawdown chart below to compare losses from any high point for EMKT and MINT.

Drawdown Indicators

	EMKT	MINT	Difference
Max Drawdown Largest peak-to-trough decline	-14.21%	-4.62%	-9.59%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.05%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-0.16%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-2.42%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-4.62%	—
Current Drawdown Current decline from peak	-1.45%	0.00%	-1.45%
Average Drawdown Average peak-to-trough decline	-3.04%	-0.17%	-2.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.00%	—

Volatility

Volatility by Period

	EMKT	MINT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.09%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.20%	—
Volatility (1Y) Calculated over the trailing 1-year period	22.46%	0.27%	+22.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.46%	0.58%	+21.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.46%	0.95%	+21.51%

EMKT vs. MINT - Expense Ratio Comparison

EMKT has a 0.74% expense ratio, which is higher than MINT's 0.36% expense ratio.

Dividends

EMKT vs. MINT - Dividend Comparison

EMKT has not paid dividends to shareholders, while MINT's dividend yield for the trailing twelve months is around 4.28%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%
MINT PIMCO Enhanced Short Maturity Active ETF	4.28%	4.63%	5.22%	4.91%	1.90%	0.44%	1.15%	2.65%	2.32%	1.61%	1.35%	0.88%

Frequently Asked Questions

Can I hold both EMKT and MINT in my portfolio?

EMKT and MINT have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EMKT or MINT?

On fees, MINT is cheaper at 0.36% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EMKT or MINT?

MINT is cheaper with a 0.36% expense ratio, compared with 0.74% for EMKT.

Which ETF pays a higher dividend yield, EMKT or MINT?

MINT has the higher dividend yield at 4.28%, compared with 0.00% for EMKT.

What is the main difference between EMKT and MINT?

EMKT is categorized as Emerging Markets Diversified, while MINT is Ultrashort Bond. They also come from different issuers: Lazard and PIMCO. Their fees differ too: 0.74% for EMKT and 0.36% for MINT.