EMSF vs. LLII

Last updated Jun 4, 2026

EMSF (Matthews Emerging Markets Sustainable Future Active ETF) and LLII (REX LLY Growth & Income ETF) are both exchange-traded funds - EMSF is a Emerging Markets Diversified fund actively managed by Matthews, while LLII is a Derivative Income fund actively managed by REX. Both are actively managed. At a 0.11 correlation, their price movements are largely independent. EMSF charges 0.79%/yr vs 0.99%/yr for LLII.

Performance

EMSF vs. LLII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Matthews Emerging Markets Sustainable Future Active ETF (EMSF) and REX LLY Growth & Income ETF (LLII). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EMSF achieves a 45.34% return, which is significantly higher than LLII's -4.28% return.

EMSF

• 1D: -1.10%
• 1M: 8.61%
• YTD: 45.34%
• 6M: 40.08%
• 1Y: 63.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —

LLII

• 1D: 1.47%
• 1M: 9.79%
• YTD: -4.28%
• 6M: 0.70%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EMSF vs. LLII - Yearly Performance Comparison

	2026 (YTD)	2025
EMSF Matthews Emerging Markets Sustainable Future Active ETF	45.34%	-6.84%
LLII REX LLY Growth & Income ETF	-4.28%	19.03%

Correlation

The correlation between EMSF and LLII is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025	0.11

Return for Risk

EMSF vs. LLII — Risk / Return Rank

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

EMSF

EMSF Risk / Return Rank: 76
EMSF Sharpe Ratio Rank: 77
EMSF Sortino Ratio Rank: 69
EMSF Omega Ratio Rank: 72
EMSF Calmar Ratio Rank: 83
EMSF Martin Ratio Rank: 76

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.

EMSF vs. LLII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Matthews Emerging Markets Sustainable Future Active ETF (EMSF) and REX LLY Growth & Income ETF (LLII). 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	LLII	Difference
Sharpe ratio Return per unit of total volatility	2.51	—	—
Sortino ratio Return per unit of downside risk	3.14	—	—
Omega ratio Gain probability vs. loss probability	1.43	—	—
Calmar ratio Return relative to maximum drawdown	4.37	—	—
Martin ratio Return 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.

Sharpe Ratios by Period

	EMSF	LLII	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	0.71	+0.27

Drawdowns

EMSF vs. LLII - Drawdown Comparison

The maximum EMSF drawdown since its inception was -24.75%, roughly equal to the maximum LLII drawdown of -23.96%. Use the drawdown chart below to compare losses from any high point for EMSF and LLII.

Drawdown Indicators

	EMSF	LLII	Difference
Max Drawdown Largest peak-to-trough decline	-24.75%	-23.96%	-0.79%
Max Drawdown (1Y) Largest decline over 1 year	-14.57%	—	—
Current Drawdown Current decline from peak	-1.10%	-6.88%	+5.78%
Average Drawdown Average peak-to-trough decline	-5.72%	-9.28%	+3.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.35%	—	—

Volatility

Volatility by Period

	EMSF	LLII	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%	36.42%	-11.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.75%	36.42%	-13.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.75%	36.42%	-13.67%

EMSF vs. LLII - Expense Ratio Comparison

EMSF has a 0.79% expense ratio, which is lower than LLII's 0.99% expense ratio.

Dividends

EMSF vs. LLII - Dividend Comparison

EMSF's dividend yield for the trailing twelve months is around 1.30%, less than LLII's 25.95% yield.

Position	TTM	2025	2024	2023
EMSF Matthews Emerging Markets Sustainable Future Active ETF	1.30%	1.88%	3.29%	0.02%
LLII REX LLY Growth & Income ETF	25.95%	5.13%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EMSF and LLII in my portfolio?

EMSF and LLII have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EMSF or LLII?

On fees, EMSF is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EMSF or LLII?

EMSF is cheaper with a 0.79% expense ratio, compared with 0.99% for LLII.

Which ETF pays a higher dividend yield, EMSF or LLII?

LLII has the higher dividend yield at 25.95%, compared with 1.30% for EMSF.

What is the main difference between EMSF and LLII?

EMSF is categorized as Emerging Markets Diversified, while LLII is Derivative Income. They also come from different issuers: Matthews and REX. Their fees differ too: 0.79% for EMSF and 0.99% for LLII.