EMQQ vs. VEXC

Last updated Jun 3, 2026

EMQQ (EMQQ The Emerging Markets Internet ETF) and VEXC (Vanguard Emerging Markets Ex-China ETF) are both Emerging Markets Equities funds - EMQQ tracks the EMQQ The Emerging Markets Internet Index while VEXC tracks the FTSE Emerging ex China Index. Both are passively managed. A 0.75 correlation means they provide meaningful diversification when combined. EMQQ charges 0.86%/yr vs 0.07%/yr for VEXC.

Performance

EMQQ vs. VEXC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in EMQQ The Emerging Markets Internet ETF (EMQQ) and Vanguard Emerging Markets Ex-China ETF (VEXC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EMQQ achieves a -17.59% return, which is significantly lower than VEXC's 21.67% return.

EMQQ

• 1D: 1.06%
• 1M: -3.20%
• YTD: -17.59%
• 6M: -19.58%
• 1Y: -13.29%
• 3Y*: 6.20%
• 5Y*: -10.61%
• 10Y*: 4.86%

VEXC

• 1D: 0.71%
• 1M: 5.92%
• YTD: 21.67%
• 6M: 25.21%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EMQQ vs. VEXC - Yearly Performance Comparison

	2026 (YTD)	2025
EMQQ EMQQ The Emerging Markets Internet ETF	-17.59%	-10.79%
VEXC Vanguard Emerging Markets Ex-China ETF	21.67%	4.80%

Correlation

The correlation between EMQQ and VEXC is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 3, 2025	0.75

Return for Risk

EMQQ vs. VEXC — Risk / Return Rank

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

EMQQ

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

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.

EMQQ vs. VEXC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for EMQQ The Emerging Markets Internet ETF (EMQQ) and Vanguard Emerging Markets Ex-China ETF (VEXC). 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.

	EMQQ	VEXC	Difference
Sharpe ratio Return per unit of total volatility	-0.65	—	—
Sortino ratio Return per unit of downside risk	-0.84	—	—
Omega ratio Gain probability vs. loss probability	0.91	—	—
Calmar ratio Return relative to maximum drawdown	-0.41	—	—
Martin ratio Return relative to average drawdown	-0.83	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EMQQ	VEXC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.65	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.32	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.16	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	2.37	-2.27

Drawdowns

EMQQ vs. VEXC - Drawdown Comparison

The maximum EMQQ drawdown since its inception was -73.24%, which is greater than VEXC's maximum drawdown of -12.42%. Use the drawdown chart below to compare losses from any high point for EMQQ and VEXC.

Drawdown Indicators

	EMQQ	VEXC	Difference
Max Drawdown Largest peak-to-trough decline	-73.24%	-12.42%	-60.82%
Max Drawdown (1Y) Largest decline over 1 year	-29.96%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-29.96%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-66.31%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-73.24%	—	—
Current Drawdown Current decline from peak	-56.59%	0.00%	-56.59%
Average Drawdown Average peak-to-trough decline	-31.35%	-2.24%	-29.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.93%	—	—

Volatility

Volatility by Period

	EMQQ	VEXC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.58%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.17%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.46%	18.88%	+1.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.12%	18.88%	+14.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.60%	18.88%	+11.72%

EMQQ vs. VEXC - Expense Ratio Comparison

EMQQ has a 0.86% expense ratio, which is higher than VEXC's 0.07% expense ratio.

Dividends

EMQQ vs. VEXC - Dividend Comparison

EMQQ's dividend yield for the trailing twelve months is around 3.75%, more than VEXC's 0.73% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EMQQ EMQQ The Emerging Markets Internet ETF	3.75%	3.09%	1.70%	0.79%	0.00%	0.00%	0.18%	1.29%	0.00%	0.94%	0.75%	0.08%
VEXC Vanguard Emerging Markets Ex-China ETF	0.73%	0.43%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EMQQ and VEXC in my portfolio?

EMQQ and VEXC have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EMQQ or VEXC?

On fees, VEXC is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EMQQ or VEXC?

VEXC is cheaper with a 0.07% expense ratio, compared with 0.86% for EMQQ.

Which ETF pays a higher dividend yield, EMQQ or VEXC?

EMQQ has the higher dividend yield at 3.75%, compared with 0.73% for VEXC.

What is the main difference between EMQQ and VEXC?

EMQQ tracks EMQQ The Emerging Markets Internet Index, while VEXC tracks FTSE Emerging ex China Index. They also come from different issuers: Exchange Traded Concepts and Vanguard. Their fees differ too: 0.86% for EMQQ and 0.07% for VEXC.