PQNT vs. EMFI

Last updated Jul 4, 2026

PQNT (Pictet AI Enhanced International Equity ETF) and EMFI (Pictet Emerging Markets Debt ETF) are both exchange-traded funds - PQNT is a International Equity fund actively managed by Pictet, while EMFI is a Emerging Markets Bonds fund actively managed by Pictet. Both are actively managed. A 0.71 correlation means they provide meaningful diversification when combined. PQNT charges 0.30%/yr vs 0.50%/yr for EMFI.

Performance

PQNT vs. EMFI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pictet AI Enhanced International Equity ETF (PQNT) and Pictet Emerging Markets Debt ETF (EMFI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PQNT

• 1D: 1.15%
• 1M: 2.36%
• 6M: 7.52%
• YTD: 8.49%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EMFI

• 1D: 0.30%
• 1M: 0.93%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PQNT vs. EMFI - Yearly Performance Comparison

	2026 (YTD)
PQNT Pictet AI Enhanced International Equity ETF	2.70%
EMFI Pictet Emerging Markets Debt ETF	2.14%

Correlation

The correlation between PQNT and EMFI is 0.71, 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 Apr 23, 2026	0.71

Return for Risk

PQNT vs. EMFI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pictet AI Enhanced International Equity ETF (PQNT) and Pictet Emerging Markets Debt ETF (EMFI). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

PQNT vs. EMFI - Drawdown Comparison

The maximum PQNT drawdown since its inception was -11.16%, which is greater than EMFI's maximum drawdown of -1.84%. Use the drawdown chart below to compare losses from any high point for PQNT and EMFI.

Drawdown Indicators

	PQNT	EMFI	Difference
Max Drawdown Largest peak-to-trough decline	-11.16%	-1.84%	-9.32%
Current Drawdown Current decline from peak	-0.31%	-0.29%	-0.02%
Average Drawdown Average peak-to-trough decline	-2.17%	-0.51%	-1.66%

Volatility

Volatility by Period

	PQNT	EMFI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	17.16%	6.40%	+10.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.16%	6.40%	+10.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.16%	6.40%	+10.76%

PQNT vs. EMFI - Expense Ratio Comparison

PQNT has a 0.30% expense ratio, which is lower than EMFI's 0.50% expense ratio.

Dividends

PQNT vs. EMFI - Dividend Comparison

PQNT's dividend yield for the trailing twelve months is around 0.36%, less than EMFI's 0.90% yield.

Position	TTM	2025
EMFI Pictet Emerging Markets Debt ETF	0.90%	0.00%
PQNT Pictet AI Enhanced International Equity ETF	0.36%	0.39%

Frequently Asked Questions

Can I hold both PQNT and EMFI in my portfolio?

PQNT and EMFI have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PQNT or EMFI?

On fees, PQNT is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PQNT or EMFI?

PQNT is cheaper with a 0.30% expense ratio, compared with 0.50% for EMFI.

Which ETF pays a higher dividend yield, PQNT or EMFI?

EMFI has the higher dividend yield at 0.90%, compared with 0.36% for PQNT.

What is the main difference between PQNT and EMFI?

PQNT is categorized as International Equity, while EMFI is Emerging Markets Bonds. Their fees differ too: 0.30% for PQNT and 0.50% for EMFI.