EMKT vs. OAEM
EMKT (Lazard Emerging Markets Opportunities ETF) and OAEM (OneAscent Emerging Markets ETF) are both Emerging Markets Diversified funds. Both are actively managed. Their correlation of 0.83 suggests significant overlap in exposure. EMKT charges 0.74%/yr vs 1.25%/yr for OAEM.
Performance
EMKT vs. OAEM - Performance Comparison
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Returns By Period
In the year-to-date period, EMKT achieves a 30.02% return, which is significantly lower than OAEM's 36.06% return.
EMKT
- 1D
- -1.45%
- 1M
- 11.71%
- YTD
- 30.02%
- 6M
- 31.86%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
OAEM
- 1D
- -1.10%
- 1M
- 7.11%
- YTD
- 36.06%
- 6M
- 43.08%
- 1Y
- 62.43%
- 3Y*
- 21.19%
- 5Y*
- —
- 10Y*
- —
EMKT vs. OAEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EMKT Lazard Emerging Markets Opportunities ETF | 30.02% | -1.29% |
OAEM OneAscent Emerging Markets ETF | 36.06% | 4.82% |
Correlation
The correlation between EMKT and OAEM is 0.83, 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 Oct 28, 2025 | 0.83 |
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Return for Risk
EMKT vs. OAEM — Risk / Return Rank
EMKT
OAEM
EMKT vs. OAEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lazard Emerging Markets Opportunities ETF (EMKT) and OneAscent Emerging Markets ETF (OAEM). 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.
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Sharpe Ratios by Period
| EMKT | OAEM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.81 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.33 | 1.12 | +1.20 |
Drawdowns
EMKT vs. OAEM - Drawdown Comparison
The maximum EMKT drawdown since its inception was -14.21%, smaller than the maximum OAEM drawdown of -17.05%. Use the drawdown chart below to compare losses from any high point for EMKT and OAEM.
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Drawdown Indicators
| EMKT | OAEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.21% | -17.05% | +2.84% |
Max Drawdown (1Y)Largest decline over 1 year | — | -14.63% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -17.05% | — |
Current DrawdownCurrent decline from peak | -1.45% | -1.10% | -0.35% |
Average DrawdownAverage peak-to-trough decline | -3.04% | -3.86% | +0.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.50% | — |
Volatility
EMKT vs. OAEM - Volatility Comparison
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Volatility by Period
| EMKT | OAEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 8.12% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 19.82% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 22.46% | 22.32% | +0.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.46% | 19.55% | +2.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.46% | 19.55% | +2.91% |
EMKT vs. OAEM - Expense Ratio Comparison
EMKT has a 0.74% expense ratio, which is lower than OAEM's 1.25% expense ratio.
Dividends
EMKT vs. OAEM - Dividend Comparison
EMKT has not paid dividends to shareholders, while OAEM's dividend yield for the trailing twelve months is around 0.57%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
EMKT Lazard Emerging Markets Opportunities ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
OAEM OneAscent Emerging Markets ETF | 0.57% | 0.77% | 0.91% | 1.63% | 0.04% |
Frequently Asked Questions
EMKT and OAEM have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EMKT is cheaper at 0.74% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EMKT is cheaper with a 0.74% expense ratio, compared with 1.25% for OAEM.
OAEM has the higher dividend yield at 0.57%, compared with 0.00% for EMKT.
They also come from different issuers: Lazard and Oneascent. Their fees differ too: 0.74% for EMKT and 1.25% for OAEM.
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