QEMM vs. EMGF
Compare and contrast key facts about SPDR MSCI Emerging Markets StrategicFactors ETF (QEMM) and iShares Edge MSCI Multifactor Emerging Markets ETF (EMGF).
QEMM and EMGF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QEMM is a passively managed fund by State Street that tracks the performance of the MSCI EM Factor Mix A-Series (USD). It was launched on Jun 4, 2014. EMGF is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Diversified Multiple-Factor Index. It was launched on Dec 8, 2015. Both QEMM and EMGF are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QEMM or EMGF.
Correlation
The correlation between QEMM and EMGF is 0.85, 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.
Performance
QEMM vs. EMGF - Performance Comparison
Key characteristics
QEMM:
0.59
EMGF:
0.89
QEMM:
0.91
EMGF:
1.33
QEMM:
1.11
EMGF:
1.17
QEMM:
0.61
EMGF:
1.11
QEMM:
1.65
EMGF:
2.57
QEMM:
4.53%
EMGF:
5.19%
QEMM:
12.62%
EMGF:
15.02%
QEMM:
-36.89%
EMGF:
-40.23%
QEMM:
-6.21%
EMGF:
-5.09%
Returns By Period
In the year-to-date period, QEMM achieves a 2.94% return, which is significantly lower than EMGF's 5.42% return.
QEMM
2.94%
1.80%
-0.35%
6.64%
3.99%
3.35%
EMGF
5.42%
4.06%
2.54%
12.15%
5.45%
N/A
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QEMM vs. EMGF - Expense Ratio Comparison
QEMM has a 0.30% expense ratio, which is lower than EMGF's 0.45% expense ratio.
Risk-Adjusted Performance
QEMM vs. EMGF — Risk-Adjusted Performance Rank
QEMM
EMGF
QEMM vs. EMGF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI Emerging Markets StrategicFactors ETF (QEMM) and iShares Edge MSCI Multifactor Emerging Markets ETF (EMGF). 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.
Dividends
QEMM vs. EMGF - Dividend Comparison
QEMM's dividend yield for the trailing twelve months is around 5.02%, more than EMGF's 3.24% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF | 5.02% | 5.17% | 4.88% | 4.07% | 2.35% | 2.48% | 3.05% | 2.86% | 2.11% | 2.03% | 2.14% | 1.56% |
EMGF iShares Edge MSCI Multifactor Emerging Markets ETF | 3.24% | 3.42% | 5.94% | 4.04% | 2.48% | 1.95% | 2.63% | 2.73% | 1.95% | 2.04% | 0.00% | 0.00% |
Drawdowns
QEMM vs. EMGF - Drawdown Comparison
The maximum QEMM drawdown since its inception was -36.89%, smaller than the maximum EMGF drawdown of -40.23%. Use the drawdown chart below to compare losses from any high point for QEMM and EMGF. For additional features, visit the drawdowns tool.
Volatility
QEMM vs. EMGF - Volatility Comparison
The current volatility for SPDR MSCI Emerging Markets StrategicFactors ETF (QEMM) is 3.19%, while iShares Edge MSCI Multifactor Emerging Markets ETF (EMGF) has a volatility of 4.00%. This indicates that QEMM experiences smaller price fluctuations and is considered to be less risky than EMGF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.