Correlation
The correlation between EMM and ASEA is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
EMM vs. ASEA
Compare and contrast key facts about Global X Emerging Markets ex-China ETF (EMM) and Global X FTSE Southeast Asia ETF (ASEA).
EMM and ASEA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EMM is an actively managed fund by Global X. It was launched on Sep 24, 2010. ASEA is a passively managed fund by Global X that tracks the performance of the FTSE/ASEAN 40 Index. It was launched on Feb 17, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EMM or ASEA.
Performance
EMM vs. ASEA - Performance Comparison
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Key characteristics
EMM:
0.19
ASEA:
0.93
EMM:
0.25
ASEA:
1.27
EMM:
1.03
ASEA:
1.18
EMM:
0.08
ASEA:
0.70
EMM:
0.20
ASEA:
2.03
EMM:
8.52%
ASEA:
7.70%
EMM:
19.08%
ASEA:
18.57%
EMM:
-21.99%
ASEA:
-44.14%
EMM:
-5.43%
ASEA:
-6.11%
Returns By Period
In the year-to-date period, EMM achieves a 5.22% return, which is significantly higher than ASEA's 4.29% return.
EMM
5.22%
6.28%
2.78%
4.68%
N/A
N/A
N/A
ASEA
4.29%
3.23%
1.09%
17.18%
6.72%
10.27%
3.99%
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EMM vs. ASEA - Expense Ratio Comparison
EMM has a 0.75% expense ratio, which is higher than ASEA's 0.65% expense ratio.
Risk-Adjusted Performance
EMM vs. ASEA — Risk-Adjusted Performance Rank
EMM
ASEA
EMM vs. ASEA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Emerging Markets ex-China ETF (EMM) and Global X FTSE Southeast Asia ETF (ASEA). 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.
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Dividends
EMM vs. ASEA - Dividend Comparison
EMM's dividend yield for the trailing twelve months is around 0.76%, less than ASEA's 3.46% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMM Global X Emerging Markets ex-China ETF | 0.76% | 0.80% | 0.66% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ASEA Global X FTSE Southeast Asia ETF | 3.46% | 3.61% | 3.76% | 2.23% | 4.18% | 2.27% | 2.51% | 3.08% | 1.59% | 2.78% | 3.64% | 2.65% |
Drawdowns
EMM vs. ASEA - Drawdown Comparison
The maximum EMM drawdown since its inception was -21.99%, smaller than the maximum ASEA drawdown of -44.14%. Use the drawdown chart below to compare losses from any high point for EMM and ASEA.
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Volatility
EMM vs. ASEA - Volatility Comparison
Global X Emerging Markets ex-China ETF (EMM) has a higher volatility of 3.72% compared to Global X FTSE Southeast Asia ETF (ASEA) at 3.51%. This indicates that EMM's price experiences larger fluctuations and is considered to be riskier than ASEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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