FMQQ vs. DIEM
Compare and contrast key facts about FMQQ The Next Frontier Internet & Ecommerce ETF (FMQQ) and Franklin Emerging Market Core Dividend Tilt Index ETF (DIEM).
FMQQ and DIEM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FMQQ is a passively managed fund by EMQQ that tracks the performance of the FMQQ The Next Frontier Internet & Ecommerce Index - Benchmark TR Net. It was launched on Sep 27, 2021. DIEM is a passively managed fund by Franklin Templeton that tracks the performance of the Morningstar Emerging Markets Dividend Enhanced Select Index. It was launched on Jun 1, 2016. Both FMQQ and DIEM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
FMQQ vs. DIEM - Performance Comparison
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FMQQ vs. DIEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF | -18.51% | 10.77% | 12.45% | 15.15% | -54.03% | -15.21% |
DIEM Franklin Emerging Market Core Dividend Tilt Index ETF | 5.34% | 30.81% | 12.29% | 15.41% | -20.61% | 2.33% |
Returns By Period
In the year-to-date period, FMQQ achieves a -18.51% return, which is significantly lower than DIEM's 5.34% return.
FMQQ
- 1D
- 4.02%
- 1M
- -10.17%
- YTD
- -18.51%
- 6M
- -24.77%
- 1Y
- -10.02%
- 3Y*
- 2.94%
- 5Y*
- —
- 10Y*
- —
DIEM
- 1D
- 3.69%
- 1M
- -8.22%
- YTD
- 5.34%
- 6M
- 11.28%
- 1Y
- 34.56%
- 3Y*
- 19.05%
- 5Y*
- 7.59%
- 10Y*
- —
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FMQQ vs. DIEM - Expense Ratio Comparison
FMQQ has a 0.86% expense ratio, which is higher than DIEM's 0.19% expense ratio.
Return for Risk
FMQQ vs. DIEM — Risk / Return Rank
FMQQ
DIEM
FMQQ vs. DIEM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FMQQ The Next Frontier Internet & Ecommerce ETF (FMQQ) and Franklin Emerging Market Core Dividend Tilt Index ETF (DIEM). 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.
| FMQQ | DIEM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.48 | 1.88 | -2.36 |
Sortino ratioReturn per unit of downside risk | -0.57 | 2.51 | -3.09 |
Omega ratioGain probability vs. loss probability | 0.93 | 1.38 | -0.45 |
Calmar ratioReturn relative to maximum drawdown | -0.36 | 2.79 | -3.15 |
Martin ratioReturn relative to average drawdown | -1.01 | 11.28 | -12.29 |
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
| FMQQ | DIEM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.48 | 1.88 | -2.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.47 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.65 | 0.42 | -1.06 |
Correlation
The correlation between FMQQ and DIEM is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
FMQQ vs. DIEM - Dividend Comparison
FMQQ's dividend yield for the trailing twelve months is around 0.75%, less than DIEM's 2.90% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FMQQ FMQQ The Next Frontier Internet & Ecommerce ETF | 0.75% | 0.61% | 0.45% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DIEM Franklin Emerging Market Core Dividend Tilt Index ETF | 2.90% | 2.99% | 4.92% | 4.45% | 6.31% | 4.06% | 2.75% | 5.98% | 3.87% | 2.61% | 0.35% |
Drawdowns
FMQQ vs. DIEM - Drawdown Comparison
The maximum FMQQ drawdown since its inception was -64.51%, which is greater than DIEM's maximum drawdown of -38.61%. Use the drawdown chart below to compare losses from any high point for FMQQ and DIEM.
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Drawdown Indicators
| FMQQ | DIEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.51% | -38.61% | -25.90% |
Max Drawdown (1Y)Largest decline over 1 year | -30.82% | -12.33% | -18.49% |
Max Drawdown (5Y)Largest decline over 5 years | — | -33.34% | — |
Current DrawdownCurrent decline from peak | -55.94% | -9.09% | -46.85% |
Average DrawdownAverage peak-to-trough decline | -49.19% | -9.86% | -39.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.90% | 3.05% | +7.85% |
Volatility
FMQQ vs. DIEM - Volatility Comparison
FMQQ The Next Frontier Internet & Ecommerce ETF (FMQQ) and Franklin Emerging Market Core Dividend Tilt Index ETF (DIEM) have volatilities of 9.87% and 9.47%, 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.
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Volatility by Period
| FMQQ | DIEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.87% | 9.47% | +0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 14.38% | 13.43% | +0.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.02% | 18.43% | +2.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.93% | 16.38% | +8.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.93% | 17.41% | +7.52% |