EMQIX vs. EITEX
Compare and contrast key facts about Ashmore Emerging Markets Active Equity Fund (EMQIX) and Parametric Tax-Managed Emerging Markets Fund (EITEX).
EMQIX is managed by Ashmore. It was launched on Oct 31, 2016. EITEX is managed by BlackRock. It was launched on Jun 29, 1998.
Performance
EMQIX vs. EITEX - Performance Comparison
Loading graphics...
EMQIX vs. EITEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EMQIX Ashmore Emerging Markets Active Equity Fund | -0.82% | 32.62% | 10.11% | 5.11% | -24.36% | -3.93% | 15.57% | 24.50% | -13.19% | 38.29% |
EITEX Parametric Tax-Managed Emerging Markets Fund | 1.05% | 28.58% | 4.67% | 10.69% | -12.11% | 4.47% | 4.51% | 12.51% | -13.20% | 27.10% |
Returns By Period
In the year-to-date period, EMQIX achieves a -0.82% return, which is significantly lower than EITEX's 1.05% return.
EMQIX
- 1D
- -0.41%
- 1M
- -12.43%
- YTD
- -0.82%
- 6M
- 2.83%
- 1Y
- 26.95%
- 3Y*
- 13.04%
- 5Y*
- 1.23%
- 10Y*
- —
EITEX
- 1D
- -0.37%
- 1M
- -9.31%
- YTD
- 1.05%
- 6M
- 5.36%
- 1Y
- 26.04%
- 3Y*
- 13.39%
- 5Y*
- 6.30%
- 10Y*
- 6.47%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
EMQIX vs. EITEX - Expense Ratio Comparison
EMQIX has a 1.02% expense ratio, which is higher than EITEX's 0.96% expense ratio.
Return for Risk
EMQIX vs. EITEX — Risk / Return Rank
EMQIX
EITEX
EMQIX vs. EITEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ashmore Emerging Markets Active Equity Fund (EMQIX) and Parametric Tax-Managed Emerging Markets Fund (EITEX). 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.
| EMQIX | EITEX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.47 | 2.09 | -0.62 |
Sortino ratioReturn per unit of downside risk | 2.05 | 2.65 | -0.61 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.42 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | 1.74 | 2.45 | -0.71 |
Martin ratioReturn relative to average drawdown | 6.63 | 9.50 | -2.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| EMQIX | EITEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.47 | 2.09 | -0.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.07 | 0.53 | -0.45 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.47 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.51 | -0.17 |
Correlation
The correlation between EMQIX and EITEX 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.
Dividends
EMQIX vs. EITEX - Dividend Comparison
EMQIX's dividend yield for the trailing twelve months is around 5.32%, more than EITEX's 4.72% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMQIX Ashmore Emerging Markets Active Equity Fund | 5.32% | 5.27% | 2.49% | 1.73% | 0.69% | 35.77% | 0.73% | 1.31% | 11.37% | 9.50% | 0.08% | 0.00% |
EITEX Parametric Tax-Managed Emerging Markets Fund | 4.72% | 4.77% | 4.58% | 5.85% | 10.39% | 9.72% | 1.79% | 2.63% | 2.26% | 1.80% | 1.67% | 2.11% |
Drawdowns
EMQIX vs. EITEX - Drawdown Comparison
The maximum EMQIX drawdown since its inception was -42.93%, smaller than the maximum EITEX drawdown of -61.70%. Use the drawdown chart below to compare losses from any high point for EMQIX and EITEX.
Loading graphics...
Drawdown Indicators
| EMQIX | EITEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.93% | -61.70% | +18.77% |
Max Drawdown (1Y)Largest decline over 1 year | -13.45% | -9.88% | -3.57% |
Max Drawdown (5Y)Largest decline over 5 years | -40.57% | -25.99% | -14.58% |
Max Drawdown (10Y)Largest decline over 10 years | — | -43.10% | — |
Current DrawdownCurrent decline from peak | -13.45% | -9.88% | -3.57% |
Average DrawdownAverage peak-to-trough decline | -16.01% | -14.00% | -2.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.53% | 2.55% | +0.98% |
Volatility
EMQIX vs. EITEX - Volatility Comparison
Ashmore Emerging Markets Active Equity Fund (EMQIX) has a higher volatility of 7.21% compared to Parametric Tax-Managed Emerging Markets Fund (EITEX) at 5.60%. This indicates that EMQIX's price experiences larger fluctuations and is considered to be riskier than EITEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| EMQIX | EITEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.21% | 5.60% | +1.61% |
Volatility (6M)Calculated over the trailing 6-month period | 12.44% | 8.76% | +3.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.74% | 12.26% | +5.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.55% | 12.05% | +5.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.39% | 13.68% | +5.71% |