EMPTX vs. EMQIX

Last updated Aug 1, 2026

EMPTX (UBS Emerging Markets Equity Opportunity Fund) and EMQIX (Ashmore Emerging Markets Active Equity Fund) are both Emerging Markets Equities funds. Their 0.78 correlation means they have sometimes moved together and sometimes differently. EMPTX charges 0.19%/yr vs 1.02%/yr for EMQIX.

Performance

EMPTX vs. EMQIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in UBS Emerging Markets Equity Opportunity Fund (EMPTX) and Ashmore Emerging Markets Active Equity Fund (EMQIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EMPTX

• 1D: 4.95%
• 1M: -3.02%
• 6M: 7.56%
• YTD: 19.01%
• 1Y: 42.03%
• 3Y*: 20.39%
• 5Y*: 6.51%
• 10Y*: —
• ALL TIME*: 7.94%

EMQIX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EMPTX UBS Emerging Markets Equity Opportunity Fund	$0.00	$0.00	$0.00

EMPTX vs. EMQIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
EMPTX UBS Emerging Markets Equity Opportunity Fund	19.01%	43.82%	2.51%	8.92%	-25.38%	-9.36%	24.79%	14.98%	0.55%
EMQIX Ashmore Emerging Markets Active Equity Fund	13.16%	32.62%	10.11%	5.11%	-24.36%	-3.93%	15.57%	24.50%	-14.54%

Correlation

The correlation between EMPTX and EMQIX is 0.65, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.65
Correlation (3Y) Balances recent behavior with more history.	0.76
Correlation (5Y) Shows whether the relationship held over a longer period.	0.79
Correlation (All Time) Calculated using the full available price history since Jun 4, 2018	0.78

The correlation between EMPTX and EMQIX shifts across timeframes, from 0.65 (1 year) to 0.79 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

EMPTX vs. EMQIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EMPTX

EMPTX Risk / Return Rank: 77
EMPTX Sharpe Ratio Rank: 78
EMPTX Sortino Ratio Rank: 69
EMPTX Omega Ratio Rank: 76
EMPTX Calmar Ratio Rank: 86
EMPTX Martin Ratio Rank: 79

EMQIX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EMPTX vs. EMQIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS Emerging Markets Equity Opportunity Fund (EMPTX) and Ashmore Emerging Markets Active Equity Fund (EMQIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EMPTX	EMQIX	Difference
Sharpe ratio: Return per unit of total volatility	1.82	—	—
Sortino ratio: Return per unit of downside risk	2.33	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	2.98	—	—
Martin ratio: Return relative to average drawdown	9.46	—	—

Drawdowns

Drawdown Indicators

	EMPTX	EMQIX	Difference
Max Drawdown Largest peak-to-trough decline	-46.03%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-14.50%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-15.50%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-38.78%	—	—
Current Drawdown Current decline from peak	-9.54%	—	—
Average Drawdown Average peak-to-trough decline	-18.12%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	4.44%	—	—

Volatility

Volatility by Period

	EMPTX	EMQIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.24%	—	—
Volatility (6M) Calculated over the trailing 6-month period	21.53%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	23.77%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.22%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.88%	—	—

EMPTX vs. EMQIX - Expense Ratio Comparison

EMPTX has a 0.19% expense ratio, which is lower than EMQIX's 1.02% expense ratio.

Dividends

EMPTX vs. EMQIX - Dividend Comparison

EMPTX's dividend yield for the trailing twelve months is around 1.61%, less than EMQIX's 4.24% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
EMPTX UBS Emerging Markets Equity Opportunity Fund	1.61%	1.91%	3.40%	3.20%	3.84%	11.93%	1.50%	2.75%	0.54%	0.00%	0.00%
EMQIX Ashmore Emerging Markets Active Equity Fund	4.24%	5.27%	2.49%	1.73%	0.69%	35.77%	0.73%	1.31%	11.37%	9.50%	0.08%

Frequently Asked Questions

Can I hold both EMPTX and EMQIX in my portfolio?

EMPTX and EMQIX have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.