EMXF vs. EMOP

Last updated Jun 4, 2026

EMXF (iShares ESG Advanced MSCI EM ETF) and EMOP (AB Emerging Markets Opportunities ETF) are both Emerging Markets Equities funds. EMXF is passively managed, while EMOP is actively managed. Their correlation of 0.92 suggests significant overlap in exposure. EMXF charges 0.16%/yr vs 0.70%/yr for EMOP.

Performance

EMXF vs. EMOP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares ESG Advanced MSCI EM ETF (EMXF) and AB Emerging Markets Opportunities ETF (EMOP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EMXF achieves a 24.76% return, which is significantly lower than EMOP's 32.56% return.

EMXF

• 1D: -1.30%
• 1M: 8.70%
• YTD: 24.76%
• 6M: 27.57%
• 1Y: 47.21%
• 3Y*: 21.67%
• 5Y*: 7.15%
• 10Y*: —

EMOP

• 1D: -0.72%
• 1M: 8.86%
• YTD: 32.56%
• 6M: 34.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EMXF vs. EMOP - Yearly Performance Comparison

	2026 (YTD)	2025
EMXF iShares ESG Advanced MSCI EM ETF	24.76%	15.37%
EMOP AB Emerging Markets Opportunities ETF	32.56%	16.69%

Correlation

The correlation between EMXF and EMOP is 0.92, 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 Jun 20, 2025	0.92

EMXF vs. EMOP - Sectors Allocation Comparison

Sectors	EMXF	EMOP
Technology	35.2%	30.3%
Financial Services	32.2%	24.0%
Communication Services	8.0%	12.3%
Consumer Cyclical	5.7%	7.8%
Industrials	5.5%	8.1%
Healthcare	4.2%	1.6%
Consumer Defensive	2.9%	1.4%
Basic Materials	2.6%	7.0%
Real Estate	1.7%	2.3%
Utilities	0.6%	2.8%
Energy	0.0%	2.6%

Return for Risk

EMXF vs. EMOP — Risk / Return Rank

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

EMXF

EMXF Risk / Return Rank: 77
EMXF Sharpe Ratio Rank: 78
EMXF Sortino Ratio Rank: 76
EMXF Omega Ratio Rank: 78
EMXF Calmar Ratio Rank: 75
EMXF 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.

EMXF vs. EMOP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares ESG Advanced MSCI EM ETF (EMXF) and AB Emerging Markets Opportunities ETF (EMOP). 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.

	EMXF	EMOP	Difference
Sharpe ratio: Return per unit of total volatility	2.55	—	—
Sortino ratio: Return per unit of downside risk	3.42	—	—
Omega ratio: Gain probability vs. loss probability	1.47	—	—
Calmar ratio: Return relative to maximum drawdown	3.79	—	—
Martin ratio: Return relative to average drawdown	14.56	—	—
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

	EMXF	EMOP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.55	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	2.93	-2.42

Drawdowns

EMXF vs. EMOP - Drawdown Comparison

The maximum EMXF drawdown since its inception was -33.13%, which is greater than EMOP's maximum drawdown of -12.88%. Use the drawdown chart below to compare losses from any high point for EMXF and EMOP.

Drawdown Indicators

	EMXF	EMOP	Difference
Max Drawdown Largest peak-to-trough decline	-33.13%	-12.88%	-20.25%
Max Drawdown (1Y) Largest decline over 1 year	-12.53%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-15.93%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-32.89%	—	—
Current Drawdown Current decline from peak	-1.30%	-0.72%	-0.58%
Average Drawdown Average peak-to-trough decline	-12.02%	-1.90%	-10.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.25%	—	—

Volatility

Volatility by Period

	EMXF	EMOP	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.10%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.13%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.60%	19.85%	-1.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.15%	19.85%	+2.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.77%	19.85%	+1.92%

EMXF vs. EMOP - Expense Ratio Comparison

EMXF has a 0.16% expense ratio, which is lower than EMOP's 0.70% expense ratio.

Dividends

EMXF vs. EMOP - Dividend Comparison

EMXF's dividend yield for the trailing twelve months is around 2.75%, more than EMOP's 0.82% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
EMOP AB Emerging Markets Opportunities ETF	0.82%	0.27%	0.00%	0.00%	0.00%	0.00%	0.00%
EMXF iShares ESG Advanced MSCI EM ETF	2.75%	3.43%	2.92%	2.25%	2.42%	1.87%	0.41%

Frequently Asked Questions

Can I hold both EMXF and EMOP in my portfolio?

With a correlation of 0.92, EMXF and EMOP 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, EMXF or EMOP?

On fees, EMXF is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EMXF or EMOP?

EMXF is cheaper with a 0.16% expense ratio, compared with 0.70% for EMOP.

Which ETF pays a higher dividend yield, EMXF or EMOP?

EMXF has the higher dividend yield at 2.75%, compared with 0.82% for EMOP.

What is the main difference between EMXF and EMOP?

They also come from different issuers: iShares and AllianceBernstein. Their fees differ too: 0.16% for EMXF and 0.70% for EMOP.