KEMQ vs. EMQQ

Last updated Apr 2, 2026

Compare and contrast key facts about KraneShares Emerging Markets Consumer Technology Index ETF (KEMQ) and Emerging Markets Internet & Ecommerce ETF (EMQQ).

KEMQ and EMQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KEMQ is a passively managed fund by CICC that tracks the performance of the Solactive Emerging Markets Consumer Technology Index. It was launched on Oct 11, 2017. EMQQ is a passively managed fund by Exchange Traded Concepts that tracks the performance of the EMQQ The Emerging Markets Internet & Ecommerce Index. It was launched on Nov 13, 2014. Both KEMQ and EMQQ 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

KEMQ vs. EMQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares Emerging Markets Consumer Technology Index ETF (KEMQ) and Emerging Markets Internet & Ecommerce ETF (EMQQ). The values are adjusted to include any dividend payments, if applicable.

KEMQ vs. EMQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF	-8.37%	56.28%	13.81%	0.77%	-38.09%	-27.31%	39.26%	28.26%	-25.52%	1.88%
EMQQ Emerging Markets Internet & Ecommerce ETF	-18.41%	20.66%	13.79%	4.48%	-30.70%	-32.53%	80.45%	33.86%	-29.82%	3.30%

Returns By Period

In the year-to-date period, KEMQ achieves a -8.37% return, which is significantly higher than EMQQ's -18.41% return.

KEMQ

• 1D: -0.25%
• 1M: -9.19%
• YTD: -8.37%
• 6M: -11.06%
• 1Y: 26.81%
• 3Y*: 16.47%
• 5Y*: -6.05%
• 10Y*: —

EMQQ

• 1D: -0.45%
• 1M: -7.00%
• YTD: -18.41%
• 6M: -26.81%
• 1Y: -11.51%
• 3Y*: 2.73%
• 5Y*: -12.03%
• 10Y*: 4.82%

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

KEMQ vs. EMQQ - Expense Ratio Comparison

KEMQ has a 0.60% expense ratio, which is lower than EMQQ's 0.86% expense ratio.

EMQQ

Emerging Markets Internet & Ecommerce ETF

KEMQ

KraneShares Emerging Markets Consumer Technology Index ETF

Return for Risk

KEMQ vs. EMQQ — Risk / Return Rank

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

KEMQ

KEMQ Risk / Return Rank: 48
KEMQ Sharpe Ratio Rank: 53
KEMQ Sortino Ratio Rank: 55
KEMQ Omega Ratio Rank: 48
KEMQ Calmar Ratio Rank: 46
KEMQ Martin Ratio Rank: 41

EMQQ

EMQQ Risk / Return Rank: 4
EMQQ Sharpe Ratio Rank: 4
EMQQ Sortino Ratio Rank: 4
EMQQ Omega Ratio Rank: 4
EMQQ Calmar Ratio Rank: 6
EMQQ Martin Ratio Rank: 4

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. EMQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares Emerging Markets Consumer Technology Index ETF (KEMQ) and Emerging Markets Internet & Ecommerce ETF (EMQQ). 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	EMQQ	Difference
Sharpe ratio Return per unit of total volatility	0.99	-0.51	+1.50
Sortino ratio Return per unit of downside risk	1.49	-0.60	+2.09
Omega ratio Gain probability vs. loss probability	1.19	0.93	+0.27
Calmar ratio Return relative to maximum drawdown	1.27	-0.37	+1.64
Martin ratio Return relative to average drawdown	4.14	-1.03	+5.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KEMQ vs. EMQQ - Sharpe Ratio Comparison

The current KEMQ Sharpe Ratio is 0.99, which is higher than the EMQQ Sharpe Ratio of -0.51. The chart below compares the historical Sharpe Ratios of KEMQ and EMQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	KEMQ	EMQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.99	-0.51	+1.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.19	-0.36	+0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.16	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.00	0.10	-0.10

Correlation

The correlation between KEMQ and EMQQ is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

KEMQ vs. EMQQ - Dividend Comparison

KEMQ's dividend yield for the trailing twelve months is around 5.75%, more than EMQQ's 3.79% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KEMQ KraneShares Emerging Markets Consumer Technology Index ETF	5.75%	5.27%	0.73%	0.29%	0.00%	0.28%	2.28%	1.76%	0.00%	0.00%	0.00%	0.00%
EMQQ Emerging Markets Internet & Ecommerce ETF	3.79%	3.09%	1.70%	0.79%	0.00%	0.00%	0.18%	1.29%	0.00%	0.94%	0.75%	0.08%

Drawdowns

KEMQ vs. EMQQ - Drawdown Comparison

The maximum KEMQ drawdown since its inception was -70.72%, roughly equal to the maximum EMQQ drawdown of -73.24%. Use the drawdown chart below to compare losses from any high point for KEMQ and EMQQ.

Drawdown Indicators

	KEMQ	EMQQ	Difference
Max Drawdown Largest peak-to-trough decline	-70.72%	-73.24%	+2.52%
Max Drawdown (1Y) Largest decline over 1 year	-21.94%	-29.96%	+8.02%
Max Drawdown (5Y) Largest decline over 5 years	-66.39%	-67.62%	+1.23%
Max Drawdown (10Y) Largest decline over 10 years	—	-73.24%	—
Current Drawdown Current decline from peak	-38.46%	-57.02%	+18.56%
Average Drawdown Average peak-to-trough decline	-35.75%	-30.99%	-4.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.73%	10.72%	-3.99%

Volatility

KEMQ vs. EMQQ - Volatility Comparison

KraneShares Emerging Markets Consumer Technology Index ETF (KEMQ) has a higher volatility of 10.25% compared to Emerging Markets Internet & Ecommerce ETF (EMQQ) at 8.66%. This indicates that KEMQ's price experiences larger fluctuations and is considered to be riskier than EMQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KEMQ	EMQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.25%	8.66%	+1.59%
Volatility (6M) Calculated over the trailing 6-month period	19.65%	15.45%	+4.20%
Volatility (1Y) Calculated over the trailing 1-year period	27.20%	22.48%	+4.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.61%	33.23%	-1.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.54%	30.54%	-1.00%