OAEM vs. EMEQ

Last updated Apr 1, 2026

Compare and contrast key facts about OneAscent Emerging Markets ETF (OAEM) and Nomura Focused Emerging Markets Equity ETF (EMEQ).

OAEM and EMEQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. OAEM is an actively managed fund by Oneascent. It was launched on Sep 14, 2022. EMEQ is an actively managed fund by Nomura. It was launched on Sep 4, 2024.

Performance

OAEM vs. EMEQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in OneAscent Emerging Markets ETF (OAEM) and Nomura Focused Emerging Markets Equity ETF (EMEQ). The values are adjusted to include any dividend payments, if applicable.

OAEM vs. EMEQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
OAEM OneAscent Emerging Markets ETF	10.06%	26.67%	0.03%
EMEQ Nomura Focused Emerging Markets Equity ETF	12.19%	69.78%	-1.16%

Returns By Period

In the year-to-date period, OAEM achieves a 10.06% return, which is significantly lower than EMEQ's 12.19% return.

OAEM

• 1D: 4.31%
• 1M: -10.94%
• YTD: 10.06%
• 6M: 18.04%
• 1Y: 41.48%
• 3Y*: 13.52%
• 5Y*: —
• 10Y*: —

EMEQ

• 1D: 4.30%
• 1M: -13.54%
• YTD: 12.19%
• 6M: 30.58%
• 1Y: 80.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OAEM vs. EMEQ - Expense Ratio Comparison

OAEM has a 1.25% expense ratio, which is higher than EMEQ's 0.86% expense ratio.

OAEM

OneAscent Emerging Markets ETF

EMEQ

Nomura Focused Emerging Markets Equity ETF

Return for Risk

OAEM vs. EMEQ — Risk / Return Rank

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

OAEM

OAEM Risk / Return Rank: 88
OAEM Sharpe Ratio Rank: 88
OAEM Sortino Ratio Rank: 88
OAEM Omega Ratio Rank: 86
OAEM Calmar Ratio Rank: 87
OAEM Martin Ratio Rank: 90

EMEQ

EMEQ Risk / Return Rank: 96
EMEQ Sharpe Ratio Rank: 97
EMEQ Sortino Ratio Rank: 96
EMEQ Omega Ratio Rank: 95
EMEQ Calmar Ratio Rank: 96
EMEQ Martin Ratio Rank: 96

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.

OAEM vs. EMEQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for OneAscent Emerging Markets ETF (OAEM) and Nomura Focused Emerging Markets Equity ETF (EMEQ). 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.

	OAEM	EMEQ	Difference
Sharpe ratio Return per unit of total volatility	1.86	2.72	-0.85
Sortino ratio Return per unit of downside risk	2.48	3.21	-0.74
Omega ratio Gain probability vs. loss probability	1.36	1.47	-0.11
Calmar ratio Return relative to maximum drawdown	2.78	4.46	-1.68
Martin ratio Return relative to average drawdown	12.06	18.19	-6.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OAEM vs. EMEQ - Sharpe Ratio Comparison

The current OAEM Sharpe Ratio is 1.86, which is lower than the EMEQ Sharpe Ratio of 2.72. The chart below compares the historical Sharpe Ratios of OAEM and EMEQ, 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

	OAEM	EMEQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.86	2.72	-0.85
Sharpe Ratio (All Time) Calculated using the full available price history	0.84	1.83	-0.99

Correlation

The correlation between OAEM and EMEQ is 0.83, 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

OAEM vs. EMEQ - Dividend Comparison

OAEM's dividend yield for the trailing twelve months is around 0.70%, less than EMEQ's 2.46% yield.

	TTM	2025	2024	2023	2022
OAEM OneAscent Emerging Markets ETF	0.70%	0.77%	0.91%	1.63%	0.04%
EMEQ Nomura Focused Emerging Markets Equity ETF	2.46%	2.76%	0.84%	0.00%	0.00%

Drawdowns

OAEM vs. EMEQ - Drawdown Comparison

The maximum OAEM drawdown since its inception was -17.05%, smaller than the maximum EMEQ drawdown of -19.99%. Use the drawdown chart below to compare losses from any high point for OAEM and EMEQ.

Drawdown Indicators

	OAEM	EMEQ	Difference
Max Drawdown Largest peak-to-trough decline	-17.05%	-19.99%	+2.94%
Max Drawdown (1Y) Largest decline over 1 year	-14.63%	-17.91%	+3.28%
Current Drawdown Current decline from peak	-10.94%	-14.38%	+3.44%
Average Drawdown Average peak-to-trough decline	-3.94%	-4.07%	+0.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.38%	4.40%	-1.02%

Volatility

OAEM vs. EMEQ - Volatility Comparison

The current volatility for OneAscent Emerging Markets ETF (OAEM) is 13.45%, while Nomura Focused Emerging Markets Equity ETF (EMEQ) has a volatility of 17.37%. This indicates that OAEM experiences smaller price fluctuations and is considered to be less risky than EMEQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OAEM	EMEQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.45%	17.37%	-3.92%
Volatility (6M) Calculated over the trailing 6-month period	17.65%	23.87%	-6.22%
Volatility (1Y) Calculated over the trailing 1-year period	22.39%	29.84%	-7.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.00%	27.51%	-8.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.00%	27.51%	-8.51%