KEMQ vs. EMOP

Last updated Jun 4, 2026

KEMQ (KraneShares Emerging Markets Consumer Technology Index ETF) and EMOP (AB Emerging Markets Opportunities ETF) are both Emerging Markets Equities funds. KEMQ is passively managed, while EMOP is actively managed. Their correlation of 0.82 suggests significant overlap in exposure. KEMQ charges 0.60%/yr vs 0.70%/yr for EMOP.

Performance

KEMQ vs. EMOP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares Emerging Markets Consumer Technology Index ETF (KEMQ) 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, KEMQ achieves a 6.99% return, which is significantly lower than EMOP's 32.56% return.

KEMQ

• 1D: -2.81%
• 1M: 7.12%
• YTD: 6.99%
• 6M: 8.35%
• 1Y: 36.95%
• 3Y*: 24.42%
• 5Y*: -2.87%
• 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)

KEMQ vs. EMOP - Yearly Performance Comparison

	2026 (YTD)	2025
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF	6.99%	20.99%
EMOP AB Emerging Markets Opportunities ETF	32.56%	16.69%

Correlation

The correlation between KEMQ and EMOP is 0.82, 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	0.82

KEMQ vs. EMOP - Sectors Allocation Comparison

Sectors	KEMQ	EMOP
Technology	45.0%	30.3%
Consumer Cyclical	33.0%	7.8%
Communication Services	15.5%	12.3%
Healthcare	3.5%	1.6%
Consumer Defensive	0.4%	1.4%
Basic Materials	-	7.0%
Energy	-	2.6%
Financial Services	-	24.0%
Industrials	-	8.1%
Real Estate	-	2.3%
Utilities	-	2.8%

Return for Risk

KEMQ vs. EMOP — Risk / Return Rank

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

KEMQ

KEMQ Risk / Return Rank: 36
KEMQ Sharpe Ratio Rank: 40
KEMQ Sortino Ratio Rank: 38
KEMQ Omega Ratio Rank: 38
KEMQ Calmar Ratio Rank: 34
KEMQ Martin Ratio Rank: 31

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.

KEMQ vs. EMOP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares Emerging Markets Consumer Technology Index ETF (KEMQ) 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.

	KEMQ	EMOP	Difference
Sharpe ratio: Return per unit of total volatility	1.42	—	—
Sortino ratio: Return per unit of downside risk	2.00	—	—
Omega ratio: Gain probability vs. loss probability	1.25	—	—
Calmar ratio: Return relative to maximum drawdown	1.69	—	—
Martin ratio: Return relative to average drawdown	4.52	—	—
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

	KEMQ	EMOP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.42	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.09	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.06	2.93	-2.87

Drawdowns

KEMQ vs. EMOP - Drawdown Comparison

The maximum KEMQ drawdown since its inception was -70.72%, which is greater than EMOP's maximum drawdown of -12.88%. Use the drawdown chart below to compare losses from any high point for KEMQ and EMOP.

Drawdown Indicators

	KEMQ	EMOP	Difference
Max Drawdown Largest peak-to-trough decline	-70.72%	-12.88%	-57.84%
Max Drawdown (1Y) Largest decline over 1 year	-21.94%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.94%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-66.02%	—	—
Current Drawdown Current decline from peak	-28.14%	-0.72%	-27.42%
Average Drawdown Average peak-to-trough decline	-35.69%	-1.90%	-33.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.20%	—	—

Volatility

Volatility by Period

	KEMQ	EMOP	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.09%	—	—
Volatility (6M) Calculated over the trailing 6-month period	20.87%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	26.14%	19.85%	+6.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.88%	19.85%	+12.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.58%	19.85%	+9.73%

KEMQ vs. EMOP - Expense Ratio Comparison

KEMQ has a 0.60% expense ratio, which is lower than EMOP's 0.70% expense ratio.

Dividends

KEMQ vs. EMOP - Dividend Comparison

KEMQ's dividend yield for the trailing twelve months is around 4.92%, more than EMOP's 0.82% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
EMOP AB Emerging Markets Opportunities ETF	0.82%	0.27%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF	4.92%	5.27%	0.73%	0.29%	0.00%	0.28%	2.28%	1.76%

Frequently Asked Questions

Can I hold both KEMQ and EMOP in my portfolio?

KEMQ and EMOP have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KEMQ or EMOP?

On fees, KEMQ is cheaper at 0.60% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KEMQ or EMOP?

KEMQ is cheaper with a 0.60% expense ratio, compared with 0.70% for EMOP.

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

KEMQ has the higher dividend yield at 4.92%, compared with 0.82% for EMOP.

What is the main difference between KEMQ and EMOP?

They also come from different issuers: CICC and AllianceBernstein. Their fees differ too: 0.60% for KEMQ and 0.70% for EMOP.