EMSF vs. EMKT
EMSF (Matthews Emerging Markets Sustainable Future Active ETF) and EMKT (Lazard Emerging Markets Opportunities ETF) are both Emerging Markets Diversified funds. Both are actively managed. Their correlation of 0.91 suggests significant overlap in exposure. EMSF charges 0.79%/yr vs 0.74%/yr for EMKT.
Performance
EMSF vs. EMKT - Performance Comparison
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Returns By Period
In the year-to-date period, EMSF achieves a 45.34% return, which is significantly higher than EMKT's 30.02% return.
EMSF
- 1D
- -1.10%
- 1M
- 8.61%
- YTD
- 45.34%
- 6M
- 40.08%
- 1Y
- 63.33%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EMKT
- 1D
- -1.45%
- 1M
- 11.71%
- YTD
- 30.02%
- 6M
- 31.86%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EMSF vs. EMKT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EMSF Matthews Emerging Markets Sustainable Future Active ETF | 45.34% | -7.03% |
EMKT Lazard Emerging Markets Opportunities ETF | 30.02% | -1.29% |
Correlation
The correlation between EMSF and EMKT is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 28, 2025 | 0.91 |
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Return for Risk
EMSF vs. EMKT — Risk / Return Rank
EMSF
EMKT
EMSF vs. EMKT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Matthews Emerging Markets Sustainable Future Active ETF (EMSF) and Lazard Emerging Markets Opportunities ETF (EMKT). 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.
| EMSF | EMKT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.43 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 4.37 | — | — |
| Martin ratioReturn relative to average drawdown | 14.61 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EMSF | EMKT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.51 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.98 | 2.33 | -1.35 |
Drawdowns
EMSF vs. EMKT - Drawdown Comparison
The maximum EMSF drawdown since its inception was -24.75%, which is greater than EMKT's maximum drawdown of -14.21%. Use the drawdown chart below to compare losses from any high point for EMSF and EMKT.
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Drawdown Indicators
| EMSF | EMKT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.75% | -14.21% | -10.54% |
Max Drawdown (1Y)Largest decline over 1 year | -14.57% | — | — |
Current DrawdownCurrent decline from peak | -1.10% | -1.45% | +0.35% |
Average DrawdownAverage peak-to-trough decline | -5.72% | -3.04% | -2.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.35% | — | — |
Volatility
EMSF vs. EMKT - Volatility Comparison
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Volatility by Period
| EMSF | EMKT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.96% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 21.98% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 25.35% | 22.46% | +2.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.75% | 22.46% | +0.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.75% | 22.46% | +0.29% |
EMSF vs. EMKT - Expense Ratio Comparison
EMSF has a 0.79% expense ratio, which is higher than EMKT's 0.74% expense ratio.
Dividends
EMSF vs. EMKT - Dividend Comparison
EMSF's dividend yield for the trailing twelve months is around 1.30%, while EMKT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
EMKT Lazard Emerging Markets Opportunities ETF | 0.00% | 0.00% | 0.00% | 0.00% |
EMSF Matthews Emerging Markets Sustainable Future Active ETF | 1.30% | 1.88% | 3.29% | 0.02% |
Frequently Asked Questions
With a correlation of 0.91, EMSF and EMKT 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.
On fees, EMKT is cheaper at 0.74% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EMKT is cheaper with a 0.74% expense ratio, compared with 0.79% for EMSF.
EMSF has the higher dividend yield at 1.30%, compared with 0.00% for EMKT.
They also come from different issuers: Matthews and Lazard. Their fees differ too: 0.79% for EMSF and 0.74% for EMKT.
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