EMPTX vs. TEQLX

Last updated Apr 2, 2026

Compare and contrast key facts about UBS Emerging Markets Equity Opportunity Fund (EMPTX) and TIAA-CREF Emerging Markets Equity Index Fund (TEQLX).

EMPTX is managed by UBS. It was launched on May 30, 2018. TEQLX is managed by TIAA Investments. It was launched on Aug 30, 2010.

Performance

EMPTX vs. TEQLX - Performance Comparison

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

EMPTX vs. TEQLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
EMPTX UBS Emerging Markets Equity Opportunity Fund	2.95%	43.82%	2.51%	8.92%	-25.38%	-9.36%	24.79%	14.98%	0.55%
TEQLX TIAA-CREF Emerging Markets Equity Index Fund	2.92%	34.10%	6.71%	9.23%	-20.22%	-3.07%	17.67%	18.59%	-14.53%

Returns By Period

The year-to-date returns for both stocks are quite close, with EMPTX having a 2.95% return and TEQLX slightly lower at 2.92%.

EMPTX

• 1D: 3.14%
• 1M: -9.75%
• YTD: 2.95%
• 6M: 8.93%
• 1Y: 38.76%
• 3Y*: 17.16%
• 5Y*: 1.70%
• 10Y*: —

TEQLX

• 1D: 2.77%
• 1M: -9.01%
• YTD: 2.92%
• 6M: 6.55%
• 1Y: 32.01%
• 3Y*: 15.51%
• 5Y*: 3.58%
• 10Y*: 7.93%

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

EMPTX vs. TEQLX - Expense Ratio Comparison

Both EMPTX and TEQLX have an expense ratio of 0.19%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

EMPTX

UBS Emerging Markets Equity Opportunity Fund

TEQLX

TIAA-CREF Emerging Markets Equity Index Fund

Return for Risk

EMPTX vs. TEQLX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EMPTX

EMPTX Risk / Return Rank: 90
EMPTX Sharpe Ratio Rank: 95
EMPTX Sortino Ratio Rank: 92
EMPTX Omega Ratio Rank: 91
EMPTX Calmar Ratio Rank: 88
EMPTX Martin Ratio Rank: 86

TEQLX

TEQLX Risk / Return Rank: 86
TEQLX Sharpe Ratio Rank: 89
TEQLX Sortino Ratio Rank: 87
TEQLX Omega Ratio Rank: 85
TEQLX Calmar Ratio Rank: 85
TEQLX Martin Ratio Rank: 83

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EMPTX vs. TEQLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS Emerging Markets Equity Opportunity Fund (EMPTX) and TIAA-CREF Emerging Markets Equity Index Fund (TEQLX). 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.

	EMPTX	TEQLX	Difference
Sharpe ratio Return per unit of total volatility	2.26	1.87	+0.39
Sortino ratio Return per unit of downside risk	2.84	2.44	+0.40
Omega ratio Gain probability vs. loss probability	1.43	1.36	+0.08
Calmar ratio Return relative to maximum drawdown	2.42	2.24	+0.18
Martin ratio Return relative to average drawdown	9.35	8.90	+0.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EMPTX vs. TEQLX - Sharpe Ratio Comparison

The current EMPTX Sharpe Ratio is 2.26, which is comparable to the TEQLX Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of EMPTX and TEQLX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EMPTX	TEQLX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.26	1.87	+0.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.09	0.22	-0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.46	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.27	+0.06

Correlation

The correlation between EMPTX and TEQLX is 0.81, 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.

Dividends

EMPTX vs. TEQLX - Dividend Comparison

EMPTX's dividend yield for the trailing twelve months is around 1.86%, less than TEQLX's 2.75% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EMPTX UBS Emerging Markets Equity Opportunity Fund	1.86%	1.91%	3.40%	3.20%	3.84%	11.93%	1.50%	2.75%	0.54%	0.00%	0.00%	0.00%
TEQLX TIAA-CREF Emerging Markets Equity Index Fund	2.75%	2.83%	2.93%	3.08%	2.51%	2.27%	2.04%	2.77%	2.43%	1.98%	1.88%	2.40%

Drawdowns

EMPTX vs. TEQLX - Drawdown Comparison

The maximum EMPTX drawdown since its inception was -46.03%, which is greater than TEQLX's maximum drawdown of -39.33%. Use the drawdown chart below to compare losses from any high point for EMPTX and TEQLX.

Drawdown Indicators

	EMPTX	TEQLX	Difference
Max Drawdown Largest peak-to-trough decline	-46.03%	-39.33%	-6.70%
Max Drawdown (1Y) Largest decline over 1 year	-14.50%	-13.32%	-1.18%
Max Drawdown (5Y) Largest decline over 5 years	-41.73%	-37.14%	-4.59%
Max Drawdown (10Y) Largest decline over 10 years	—	-39.33%	—
Current Drawdown Current decline from peak	-11.81%	-10.91%	-0.90%
Average Drawdown Average peak-to-trough decline	-18.72%	-14.74%	-3.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.94%	3.35%	+0.59%

Volatility

EMPTX vs. TEQLX - Volatility Comparison

UBS Emerging Markets Equity Opportunity Fund (EMPTX) and TIAA-CREF Emerging Markets Equity Index Fund (TEQLX) have volatilities of 9.66% and 9.21%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EMPTX	TEQLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.66%	9.21%	+0.45%
Volatility (6M) Calculated over the trailing 6-month period	13.96%	13.55%	+0.41%
Volatility (1Y) Calculated over the trailing 1-year period	18.98%	17.70%	+1.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.90%	16.54%	+2.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.24%	17.46%	+1.78%