MEMKX vs. EAEMX
MEMKX (BNY Mellon Emerging Markets Fund) and EAEMX (Parametric Emerging Markets Fund) are both Emerging Markets Diversified funds. Over the past 10 years, MEMKX returned 9.81%/yr vs 7.36%/yr for EAEMX. Their correlation of 0.90 suggests significant overlap in exposure. MEMKX charges 1.43%/yr vs 1.58%/yr for EAEMX.
Performance
MEMKX vs. EAEMX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MEMKX achieves a 20.60% return, which is significantly higher than EAEMX's 11.85% return. Over the past 10 years, MEMKX has outperformed EAEMX with an annualized return of 9.81%, while EAEMX has yielded a comparatively lower 7.36% annualized return.
MEMKX
- 1D
- -0.20%
- 1M
- 3.34%
- YTD
- 20.60%
- 6M
- 21.47%
- 1Y
- 41.35%
- 3Y*
- 16.12%
- 5Y*
- 6.33%
- 10Y*
- 9.81%
EAEMX
- 1D
- -0.36%
- 1M
- 2.11%
- YTD
- 11.85%
- 6M
- 11.91%
- 1Y
- 30.31%
- 3Y*
- 16.22%
- 5Y*
- 6.91%
- 10Y*
- 7.36%
MEMKX vs. EAEMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MEMKX BNY Mellon Emerging Markets Fund | 20.60% | 25.51% | 1.94% | 7.55% | -21.50% | 15.17% | 12.95% | 21.96% | -19.33% | 42.59% |
EAEMX Parametric Emerging Markets Fund | 11.85% | 27.16% | 5.39% | 9.46% | -11.27% | 4.19% | 2.65% | 12.32% | -14.02% | 27.03% |
Correlation
The correlation between MEMKX and EAEMX is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.84 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.85 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.87 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2006 | 0.90 |
The correlation between MEMKX and EAEMX has been stable across timeframes, ranging from 0.83 to 0.90 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MEMKX vs. EAEMX — Risk / Return Rank
MEMKX
EAEMX
MEMKX vs. EAEMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Emerging Markets Fund (MEMKX) and Parametric Emerging Markets Fund (EAEMX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MEMKX | EAEMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.10 | ||
| Sortino ratioReturn per unit of downside risk | -0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.49 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.90 | 3.09 | +0.81 |
| Martin ratioReturn relative to average drawdown | 12.99 | 11.13 | +1.85 |
Loading charts...
Drawdowns
MEMKX vs. EAEMX - Drawdown Comparison
The maximum MEMKX drawdown since its inception was -61.32%, roughly equal to the maximum EAEMX drawdown of -62.70%. Use the drawdown chart below to compare losses from any high point for MEMKX and EAEMX.
Loading charts...
Drawdown Indicators
| MEMKX | EAEMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.32% | -62.70% | +1.38% |
Max Drawdown (1Y)Largest decline over 1 year | -10.57% | -9.90% | -0.67% |
Max Drawdown (3Y)Largest decline over 3 years | -20.43% | -11.74% | -8.69% |
Max Drawdown (5Y)Largest decline over 5 years | -31.12% | -24.73% | -6.39% |
Max Drawdown (10Y)Largest decline over 10 years | -40.94% | -44.16% | +3.22% |
Current DrawdownCurrent decline from peak | -1.94% | -1.23% | -0.71% |
Average DrawdownAverage peak-to-trough decline | -13.61% | -13.45% | -0.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.17% | 2.74% | +0.43% |
Volatility
MEMKX vs. EAEMX - Volatility Comparison
BNY Mellon Emerging Markets Fund (MEMKX) has a higher volatility of 7.98% compared to Parametric Emerging Markets Fund (EAEMX) at 5.07%. This indicates that MEMKX's price experiences larger fluctuations and is considered to be riskier than EAEMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MEMKX | EAEMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.98% | 5.07% | +2.91% |
Volatility (6M)Calculated over the trailing 6-month period | 14.65% | 10.82% | +3.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.29% | 12.34% | +4.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.69% | 11.76% | +4.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.09% | 13.46% | +4.63% |
MEMKX vs. EAEMX - Expense Ratio Comparison
MEMKX has a 1.43% expense ratio, which is lower than EAEMX's 1.58% expense ratio.
Dividends
MEMKX vs. EAEMX - Dividend Comparison
MEMKX's dividend yield for the trailing twelve months is around 0.04%, less than EAEMX's 2.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EAEMX Parametric Emerging Markets Fund | 2.53% | 2.83% | 3.00% | 2.71% | 4.40% | 1.64% | 1.08% | 2.48% | 2.14% | 2.31% | 1.52% | 1.68% |
MEMKX BNY Mellon Emerging Markets Fund | 0.04% | 0.04% | 0.64% | 0.04% | 13.89% | 10.27% | 1.19% | 1.14% | 0.78% | 0.79% | 0.82% | 0.97% |
Frequently Asked Questions
MEMKX and EAEMX have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MEMKX has higher volatility (7.98%) compared to EAEMX (5.07%). In terms of maximum drawdown, MEMKX dropped -61.32% vs EAEMX's -62.70%.
EAEMX currently has the higher Sharpe Ratio (2.49 vs 2.39), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for MEMKX and EAEMX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer