EMM vs. AVEM
Compare and contrast key facts about Global X Emerging Markets ex-China ETF (EMM) and Avantis Emerging Markets Equity ETF (AVEM).
EMM and AVEM 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. AVEM is a passively managed fund by American Century Investments that tracks the performance of the MSCI Emerging Markets Index. It was launched on Sep 17, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EMM or AVEM.
Correlation
The correlation between EMM and AVEM is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
EMM vs. AVEM - Performance Comparison
Key characteristics
EMM:
0.15
AVEM:
0.87
EMM:
0.30
AVEM:
1.26
EMM:
1.04
AVEM:
1.16
EMM:
0.19
AVEM:
1.03
EMM:
0.42
AVEM:
2.72
EMM:
5.63%
AVEM:
4.92%
EMM:
16.15%
AVEM:
15.49%
EMM:
-13.61%
AVEM:
-36.05%
EMM:
-9.31%
AVEM:
-4.80%
Returns By Period
In the year-to-date period, EMM achieves a 0.91% return, which is significantly lower than AVEM's 4.85% return.
EMM
0.91%
-0.17%
-6.10%
1.94%
N/A
N/A
AVEM
4.85%
4.79%
2.10%
12.07%
5.85%
N/A
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EMM vs. AVEM - Expense Ratio Comparison
EMM has a 0.75% expense ratio, which is higher than AVEM's 0.33% expense ratio.
Risk-Adjusted Performance
EMM vs. AVEM — Risk-Adjusted Performance Rank
EMM
AVEM
EMM vs. AVEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Emerging Markets ex-China ETF (EMM) and Avantis Emerging Markets Equity ETF (AVEM). 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.
Dividends
EMM vs. AVEM - Dividend Comparison
EMM's dividend yield for the trailing twelve months is around 0.80%, less than AVEM's 3.03% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
EMM Global X Emerging Markets ex-China ETF | 0.80% | 0.80% | 0.66% | 0.00% | 0.00% | 0.00% | 0.00% |
AVEM Avantis Emerging Markets Equity ETF | 3.03% | 3.17% | 3.06% | 2.77% | 2.61% | 1.60% | 0.35% |
Drawdowns
EMM vs. AVEM - Drawdown Comparison
The maximum EMM drawdown since its inception was -13.61%, smaller than the maximum AVEM drawdown of -36.05%. Use the drawdown chart below to compare losses from any high point for EMM and AVEM. For additional features, visit the drawdowns tool.
Volatility
EMM vs. AVEM - Volatility Comparison
Global X Emerging Markets ex-China ETF (EMM) has a higher volatility of 4.37% compared to Avantis Emerging Markets Equity ETF (AVEM) at 3.89%. This indicates that EMM's price experiences larger fluctuations and is considered to be riskier than AVEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.