EMMF vs. BBAX
Compare and contrast key facts about WisdomTree Emerging Markets Multifactor Fund (EMMF) and JPMorgan BetaBuilders Developed Asia ex-Japan ETF (BBAX).
EMMF and BBAX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EMMF is an actively managed fund by WisdomTree. It was launched on Aug 10, 2018. BBAX is a passively managed fund by JPMorgan Chase that tracks the performance of the Morningstar Developed Asia Pacific ex-Japan Target Market Exposure Index. It was launched on Aug 7, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EMMF or BBAX.
Performance
EMMF vs. BBAX - Performance Comparison
Returns By Period
In the year-to-date period, EMMF achieves a 10.38% return, which is significantly higher than BBAX's 7.47% return.
EMMF
10.38%
-4.63%
-0.51%
16.72%
7.34%
N/A
BBAX
7.47%
-2.66%
4.76%
16.29%
4.98%
N/A
Key characteristics
| EMMF | BBAX | |
|---|---|---|
| Sharpe Ratio | 1.41 | 1.11 |
| Sortino Ratio | 1.96 | 1.61 |
| Omega Ratio | 1.26 | 1.19 |
| Calmar Ratio | 2.10 | 1.17 |
| Martin Ratio | 7.26 | 5.15 |
| Ulcer Index | 2.23% | 3.36% |
| Daily Std Dev | 11.53% | 15.67% |
| Max Drawdown | -32.55% | -39.64% |
| Current Drawdown | -6.53% | -5.22% |
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EMMF vs. BBAX - Expense Ratio Comparison
EMMF has a 0.48% expense ratio, which is higher than BBAX's 0.19% expense ratio.
Correlation
The correlation between EMMF and BBAX is 0.71, 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.
Risk-Adjusted Performance
EMMF vs. BBAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets Multifactor Fund (EMMF) and JPMorgan BetaBuilders Developed Asia ex-Japan ETF (BBAX). 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
EMMF vs. BBAX - Dividend Comparison
EMMF's dividend yield for the trailing twelve months is around 1.33%, less than BBAX's 4.35% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
EMMF WisdomTree Emerging Markets Multifactor Fund | 1.33% | 1.62% | 3.48% | 2.64% | 1.93% | 2.93% | 0.66% |
BBAX JPMorgan BetaBuilders Developed Asia ex-Japan ETF | 4.35% | 4.17% | 5.06% | 5.47% | 2.57% | 4.07% | 1.36% |
Drawdowns
EMMF vs. BBAX - Drawdown Comparison
The maximum EMMF drawdown since its inception was -32.55%, smaller than the maximum BBAX drawdown of -39.64%. Use the drawdown chart below to compare losses from any high point for EMMF and BBAX. For additional features, visit the drawdowns tool.
Volatility
EMMF vs. BBAX - Volatility Comparison
The current volatility for WisdomTree Emerging Markets Multifactor Fund (EMMF) is 3.44%, while JPMorgan BetaBuilders Developed Asia ex-Japan ETF (BBAX) has a volatility of 5.05%. This indicates that EMMF experiences smaller price fluctuations and is considered to be less risky than BBAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.