EMQP.L vs. EMQQ.L

Last updated Jun 5, 2026

EMQP.L (EMQQ Emerging Markets Internet & Ecommerce UCITS ETF - Accumulating) and EMQQ.L (EMQQ Emerging Markets Internet & Ecommerce UCITS ETF - Accumulating) are both Technology Equities funds from HANetf tracking the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 5 years, EMQP.L returned -10.64%/yr vs -10.61%/yr for EMQQ.L. Their correlation of 0.91 suggests significant overlap in exposure. Both charge a 0.86% expense ratio.

Performance

EMQP.L vs. EMQQ.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in EMQQ Emerging Markets Internet & Ecommerce UCITS ETF - Accumulating (EMQP.L) and EMQQ Emerging Markets Internet & Ecommerce UCITS ETF - Accumulating (EMQQ.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

EMQP.L is traded in GBp, while EMQQ.L is traded in USD. To make them comparable, the EMQQ.L values have been converted to GBp using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with EMQP.L having a -18.87% return and EMQQ.L slightly higher at -18.66%.

EMQP.L

• 1D: -0.01%
• 1M: -3.51%
• YTD: -18.87%
• 6M: -21.11%
• 1Y: -16.31%
• 3Y*: 2.39%
• 5Y*: -10.64%
• 10Y*: —

EMQQ.L

• 1D: -2.72%
• 1M: -3.53%
• YTD: -18.66%
• 6M: -21.19%
• 1Y: -16.25%
• 3Y*: 2.22%
• 5Y*: -10.61%
• 10Y*: —

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

EMQP.L vs. EMQQ.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
EMQP.L EMQQ Emerging Markets Internet & Ecommerce UCITS ETF - Accumulating	-18.87%	10.86%	14.87%	-1.35%	-23.12%	-32.47%	76.70%	26.84%	-6.17%
EMQQ.L EMQQ Emerging Markets Internet & Ecommerce UCITS ETF - Accumulating	-18.66%	10.43%	15.09%	-0.82%	-23.62%	-32.30%	77.42%	25.26%	-5.13%

Correlation

The correlation between EMQP.L and EMQQ.L is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (All Time) Calculated using the full available price history since Oct 10, 2018	0.91

The correlation between EMQP.L and EMQQ.L has been stable across timeframes, ranging from 0.91 to 0.96 - a consistent structural relationship.

EMQP.L vs. EMQQ.L - Sectors Allocation Comparison

Sectors	EMQP.L	EMQQ.L
Consumer Cyclical	52.5%	51.9%
Communication Services	20.6%	20.2%
Financial Services	18.1%	19.4%
Technology	7.0%	6.7%
Real Estate	1.0%	0.9%
Healthcare	0.9%	0.9%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Industrials	-	-
Utilities	-	-

Return for Risk

EMQP.L vs. EMQQ.L — Risk / Return Rank

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

EMQP.L

EMQP.L Risk / Return Rank: 3
EMQP.L Sharpe Ratio Rank: 2
EMQP.L Sortino Ratio Rank: 3
EMQP.L Omega Ratio Rank: 3
EMQP.L Calmar Ratio Rank: 4
EMQP.L Martin Ratio Rank: 4

EMQQ.L

EMQQ.L Risk / Return Rank: 4
EMQQ.L Sharpe Ratio Rank: 3
EMQQ.L Sortino Ratio Rank: 3
EMQQ.L Omega Ratio Rank: 3
EMQQ.L Calmar Ratio Rank: 5
EMQQ.L Martin Ratio Rank: 4

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.

EMQP.L vs. EMQQ.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for EMQQ Emerging Markets Internet & Ecommerce UCITS ETF - Accumulating (EMQP.L) and EMQQ Emerging Markets Internet & Ecommerce UCITS ETF - Accumulating (EMQQ.L). 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.

	EMQP.L	EMQQ.L	Difference
Sharpe ratio: Return per unit of total volatility	-0.85	-0.74	-0.11
Sortino ratio: Return per unit of downside risk	-1.14	-0.95	-0.19
Omega ratio: Gain probability vs. loss probability	0.87	0.89	-0.02
Calmar ratio: Return relative to maximum drawdown	-0.56	-0.51	-0.05
Martin ratio: Return relative to average drawdown	-1.08	-0.98	-0.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EMQP.L vs. EMQQ.L - Sharpe Ratio Comparison

The current EMQP.L Sharpe Ratio is -0.85, which is comparable to the EMQQ.L Sharpe Ratio of -0.74. The chart below compares the historical Sharpe Ratios of EMQP.L and EMQQ.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EMQP.L	EMQQ.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.85	-0.74	-0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.34	-0.34	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.05	0.04	+0.01

Drawdowns

EMQP.L vs. EMQQ.L - Drawdown Comparison

The maximum EMQP.L drawdown since its inception was -67.77%, roughly equal to the maximum EMQQ.L drawdown of -67.75%. Use the drawdown chart below to compare losses from any high point for EMQP.L and EMQQ.L.

Drawdown Indicators

	EMQP.L	EMQQ.L	Difference
Max Drawdown Largest peak-to-trough decline	-67.77%	-67.75%	-0.02%
Max Drawdown (1Y) Largest decline over 1 year	-29.10%	-29.25%	+0.15%
Max Drawdown (3Y) Largest decline over 3 years	-29.10%	-29.25%	+0.15%
Max Drawdown (5Y) Largest decline over 5 years	-58.96%	-58.86%	-0.10%
Current Drawdown Current decline from peak	-57.14%	-57.09%	-0.05%
Average Drawdown Average peak-to-trough decline	-38.31%	-35.76%	-2.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.13%	15.17%	-0.04%

Volatility

EMQP.L vs. EMQQ.L - Volatility Comparison

EMQQ Emerging Markets Internet & Ecommerce UCITS ETF - Accumulating (EMQP.L) and EMQQ Emerging Markets Internet & Ecommerce UCITS ETF - Accumulating (EMQQ.L) have volatilities of 6.93% and 7.11%, 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

	EMQP.L	EMQQ.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.93%	7.11%	-0.18%
Volatility (6M) Calculated over the trailing 6-month period	15.12%	16.00%	-0.88%
Volatility (1Y) Calculated over the trailing 1-year period	19.14%	20.06%	-0.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.35%	31.41%	-0.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.11%	31.29%	+0.82%

EMQP.L vs. EMQQ.L - Expense Ratio Comparison

Both EMQP.L and EMQQ.L have an expense ratio of 0.86%.

Dividends

EMQP.L vs. EMQQ.L - Dividend Comparison

Neither EMQP.L nor EMQQ.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both EMQP.L and EMQQ.L in my portfolio?

With a correlation of 0.95, EMQP.L and EMQQ.L move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, EMQP.L or EMQQ.L?

Both ETFs have the same 0.86% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EMQP.L or EMQQ.L?

EMQP.L and EMQQ.L have the same expense ratio: 0.86% per year.

What is the main difference between EMQP.L and EMQQ.L?

Both ETFs track MSCI World/Information Tech NR USD.