OSEA vs. EPEM

Last updated Jun 4, 2026

OSEA (Harbor International Compounders ETF) and EPEM (Harbor Emerging Markets Equity ETF) are both exchange-traded funds - OSEA is a Foreign Large Cap Equities fund actively managed by Harbor, while EPEM is a Emerging Markets Diversified fund actively managed by Harbor. Both are actively managed. A 0.73 correlation means they provide meaningful diversification when combined. OSEA charges 0.55%/yr vs 0.84%/yr for EPEM.

Performance

OSEA vs. EPEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Harbor International Compounders ETF (OSEA) and Harbor Emerging Markets Equity ETF (EPEM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OSEA achieves a 0.79% return, which is significantly lower than EPEM's 29.54% return.

OSEA

• 1D: -0.88%
• 1M: 1.06%
• YTD: 0.79%
• 6M: 1.49%
• 1Y: 7.05%
• 3Y*: 7.38%
• 5Y*: —
• 10Y*: —

EPEM

• 1D: -1.69%
• 1M: 7.99%
• YTD: 29.54%
• 6M: 31.79%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

OSEA vs. EPEM - Yearly Performance Comparison

	2026 (YTD)	2025
OSEA Harbor International Compounders ETF	0.79%	5.44%
EPEM Harbor Emerging Markets Equity ETF	29.54%	20.76%

Correlation

The correlation between OSEA and EPEM is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 6, 2025	0.73

OSEA vs. EPEM - Sectors Allocation Comparison

Sectors	OSEA	EPEM
Technology	23.4%	39.4%
Industrials	20.6%	3.1%
Financial Services	14.5%	22.7%
Consumer Cyclical	11.6%	8.5%
Consumer Defensive	10.2%	7.0%
Healthcare	10.1%	2.1%
Communication Services	6.5%	6.0%
Basic Materials	5.8%	6.5%
Utilities	3.9%	-
Energy	-	3.6%
Real Estate	-	1.3%

Return for Risk

OSEA vs. EPEM — Risk / Return Rank

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

OSEA

OSEA Risk / Return Rank: 17
OSEA Sharpe Ratio Rank: 16
OSEA Sortino Ratio Rank: 16
OSEA Omega Ratio Rank: 15
OSEA Calmar Ratio Rank: 17
OSEA Martin Ratio Rank: 20

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.

OSEA vs. EPEM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harbor International Compounders ETF (OSEA) and Harbor Emerging Markets Equity ETF (EPEM). 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.

	OSEA	EPEM	Difference
Sharpe ratio Return per unit of total volatility	0.47	—	—
Sortino ratio Return per unit of downside risk	0.76	—	—
Omega ratio Gain probability vs. loss probability	1.09	—	—
Calmar ratio Return relative to maximum drawdown	0.64	—	—
Martin ratio Return relative to average drawdown	2.29	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	OSEA	EPEM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.47	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.78	2.96	-2.18

Drawdowns

OSEA vs. EPEM - Drawdown Comparison

The maximum OSEA drawdown since its inception was -18.14%, which is greater than EPEM's maximum drawdown of -13.27%. Use the drawdown chart below to compare losses from any high point for OSEA and EPEM.

Drawdown Indicators

	OSEA	EPEM	Difference
Max Drawdown Largest peak-to-trough decline	-18.14%	-13.27%	-4.87%
Max Drawdown (1Y) Largest decline over 1 year	-11.08%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.14%	—	—
Current Drawdown Current decline from peak	-3.02%	-1.69%	-1.33%
Average Drawdown Average peak-to-trough decline	-3.82%	-1.96%	-1.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.09%	—	—

Volatility

Volatility by Period

	OSEA	EPEM	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.42%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.05%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.13%	19.37%	-4.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.62%	19.37%	-2.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.62%	19.37%	-2.75%

OSEA vs. EPEM - Expense Ratio Comparison

OSEA has a 0.55% expense ratio, which is lower than EPEM's 0.84% expense ratio.

Dividends

OSEA vs. EPEM - Dividend Comparison

OSEA's dividend yield for the trailing twelve months is around 1.23%, less than EPEM's 2.83% yield.

Position	TTM	2025	2024	2023	2022
EPEM Harbor Emerging Markets Equity ETF	2.83%	3.66%	0.00%	0.00%	0.00%
OSEA Harbor International Compounders ETF	1.23%	1.24%	0.51%	0.65%	0.11%

Frequently Asked Questions

Can I hold both OSEA and EPEM in my portfolio?

OSEA and EPEM have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, OSEA or EPEM?

On fees, OSEA is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, OSEA or EPEM?

OSEA is cheaper with a 0.55% expense ratio, compared with 0.84% for EPEM.

Which ETF pays a higher dividend yield, OSEA or EPEM?

EPEM has the higher dividend yield at 2.83%, compared with 1.23% for OSEA.

What is the main difference between OSEA and EPEM?

OSEA is categorized as Foreign Large Cap Equities, while EPEM is Emerging Markets Diversified. Their fees differ too: 0.55% for OSEA and 0.84% for EPEM.