EMKX.DE vs. SPYV.DE
EMKX.DE (BNP Paribas Easy MSCI Emerging ESG Filtered Min TE UCITS ETF) and SPYV.DE (SPDR S&P Emerging Markets Dividend Aristocrats UCITS ETF (Dist)) are both Emerging Markets Equities funds - EMKX.DE tracks the MSCI Emerging Markets ESG Filtered Min TE while SPYV.DE tracks the S&P Emerging Markets High Yield Dividend Aristocrats. Both are passively managed. Over the past 5 years, EMKX.DE returned 7.82%/yr vs 6.00%/yr for SPYV.DE. Their correlation of 0.81 suggests significant overlap in exposure. EMKX.DE charges 0.26%/yr vs 0.55%/yr for SPYV.DE.
Performance
EMKX.DE vs. SPYV.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EMKX.DE achieves a 26.91% return, which is significantly higher than SPYV.DE's 5.71% return.
EMKX.DE
- 1D
- -1.49%
- 1M
- 3.66%
- YTD
- 26.91%
- 6M
- 27.47%
- 1Y
- 47.96%
- 3Y*
- 20.45%
- 5Y*
- 7.82%
- 10Y*
- —
SPYV.DE
- 1D
- -0.23%
- 1M
- -2.71%
- YTD
- 5.71%
- 6M
- 3.72%
- 1Y
- 10.59%
- 3Y*
- 9.94%
- 5Y*
- 6.00%
- 10Y*
- 6.23%
EMKX.DE vs. SPYV.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EMKX.DE BNP Paribas Easy MSCI Emerging ESG Filtered Min TE UCITS ETF | 26.91% | 18.66% | 14.62% | 4.95% | -15.64% | 4.35% | 6.78% | 21.85% | -11.58% | 19.87% |
SPYV.DE SPDR S&P Emerging Markets Dividend Aristocrats UCITS ETF (Dist) | 5.71% | 6.33% | 21.05% | 1.39% | -2.70% | 6.51% | -11.03% | 15.10% | -2.00% | 11.76% |
Correlation
The correlation between EMKX.DE and SPYV.DE is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Sep 19, 2016 | 0.81 |
The correlation between EMKX.DE and SPYV.DE shifts across timeframes, from 0.71 (1 year) to 0.81 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
EMKX.DE vs. SPYV.DE — Risk / Return Rank
EMKX.DE
SPYV.DE
EMKX.DE vs. SPYV.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy MSCI Emerging ESG Filtered Min TE UCITS ETF (EMKX.DE) and SPDR S&P Emerging Markets Dividend Aristocrats UCITS ETF (Dist) (SPYV.DE). 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.
| EMKX.DE | SPYV.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.81 | ||
| Sortino ratioReturn per unit of downside risk | +2.26 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.16 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 4.43 | 1.31 | +3.12 |
| Martin ratioReturn relative to average drawdown | 16.29 | 3.29 | +13.00 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EMKX.DE | SPYV.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.73 | 0.92 | +1.81 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | 0.40 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.36 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.18 | +0.31 |
Drawdowns
EMKX.DE vs. SPYV.DE - Drawdown Comparison
The maximum EMKX.DE drawdown since its inception was -31.68%, smaller than the maximum SPYV.DE drawdown of -43.79%. Use the drawdown chart below to compare losses from any high point for EMKX.DE and SPYV.DE.
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Drawdown Indicators
| EMKX.DE | SPYV.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.68% | -43.79% | +12.11% |
Max Drawdown (1Y)Largest decline over 1 year | -10.98% | -8.15% | -2.83% |
Max Drawdown (3Y)Largest decline over 3 years | -19.38% | -16.93% | -2.45% |
Max Drawdown (5Y)Largest decline over 5 years | -25.29% | -17.58% | -7.71% |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.19% | — |
Current DrawdownCurrent decline from peak | -2.57% | -5.09% | +2.52% |
Average DrawdownAverage peak-to-trough decline | -9.46% | -12.48% | +3.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.99% | 3.26% | -0.27% |
Volatility
EMKX.DE vs. SPYV.DE - Volatility Comparison
BNP Paribas Easy MSCI Emerging ESG Filtered Min TE UCITS ETF (EMKX.DE) has a higher volatility of 7.51% compared to SPDR S&P Emerging Markets Dividend Aristocrats UCITS ETF (Dist) (SPYV.DE) at 3.51%. This indicates that EMKX.DE's price experiences larger fluctuations and is considered to be riskier than SPYV.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EMKX.DE | SPYV.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.51% | 3.51% | +4.00% |
Volatility (6M)Calculated over the trailing 6-month period | 15.21% | 8.37% | +6.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.88% | 11.72% | +6.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.83% | 15.03% | +1.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.30% | 17.36% | +0.94% |
EMKX.DE vs. SPYV.DE - Expense Ratio Comparison
EMKX.DE has a 0.26% expense ratio, which is lower than SPYV.DE's 0.55% expense ratio.
Dividends
EMKX.DE vs. SPYV.DE - Dividend Comparison
EMKX.DE has not paid dividends to shareholders, while SPYV.DE's dividend yield for the trailing twelve months is around 3.83%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMKX.DE BNP Paribas Easy MSCI Emerging ESG Filtered Min TE UCITS 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% |
SPYV.DE SPDR S&P Emerging Markets Dividend Aristocrats UCITS ETF (Dist) | 3.83% | 3.96% | 4.01% | 4.96% | 4.71% | 3.21% | 3.29% | 3.59% | 3.58% | 2.96% | 4.34% | 5.98% |
Frequently Asked Questions
EMKX.DE and SPYV.DE have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EMKX.DE is cheaper at 0.26% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EMKX.DE is cheaper with a 0.26% expense ratio, compared with 0.55% for SPYV.DE.
EMKX.DE tracks MSCI Emerging Markets ESG Filtered Min TE, while SPYV.DE tracks S&P Emerging Markets High Yield Dividend Aristocrats. They also come from different issuers: BNP Paribas and State Street. Their fees differ too: 0.26% for EMKX.DE and 0.55% for SPYV.DE.
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