RISE vs. EMFI

Last updated Jul 16, 2026

RISE (Pictet Emerging Markets Rising Economies ETF) and EMFI (Pictet Emerging Markets Debt ETF) are both exchange-traded funds - RISE is a Emerging Markets Equities fund actively managed by Pictet, while EMFI is a Emerging Markets Bonds fund actively managed by Pictet. Both are actively managed. Their correlation of 0.81 suggests significant overlap in exposure. RISE charges 0.73%/yr vs 0.50%/yr for EMFI.

Performance

RISE vs. EMFI - Performance Comparison

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

Returns By Period

RISE

• 1D: -0.13%
• 1M: -2.37%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EMFI

• 1D: 0.15%
• 1M: -0.52%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RISE vs. EMFI - Yearly Performance Comparison

	2026 (YTD)
RISE Pictet Emerging Markets Rising Economies ETF	-6.58%
EMFI Pictet Emerging Markets Debt ETF	1.80%

Correlation

The correlation between RISE and EMFI is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 23, 2026	0.81

Return for Risk

RISE vs. EMFI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pictet Emerging Markets Rising Economies ETF (RISE) 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

RISE vs. EMFI - Drawdown Comparison

The maximum RISE drawdown since its inception was -9.58%, which is greater than EMFI's maximum drawdown of -1.84%. Use the drawdown chart below to compare losses from any high point for RISE and EMFI.

Drawdown Indicators

	RISE	EMFI	Difference
Max Drawdown Largest peak-to-trough decline	-9.58%	-1.84%	-7.74%
Current Drawdown Current decline from peak	-6.94%	-0.63%	-6.31%
Average Drawdown Average peak-to-trough decline	-5.30%	-0.52%	-4.78%

Volatility

Volatility by Period

	RISE	EMFI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	18.56%	6.29%	+12.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.56%	6.29%	+12.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.56%	6.29%	+12.27%

RISE vs. EMFI - Expense Ratio Comparison

RISE has a 0.73% expense ratio, which is higher than EMFI's 0.50% expense ratio.

Dividends

RISE vs. EMFI - Dividend Comparison

RISE's dividend yield for the trailing twelve months is around 0.49%, less than EMFI's 0.90% yield.

Position	TTM
EMFI Pictet Emerging Markets Debt ETF	0.90%
RISE Pictet Emerging Markets Rising Economies ETF	0.49%

Frequently Asked Questions

Can I hold both RISE and EMFI in my portfolio?

RISE and EMFI have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RISE or EMFI?

On fees, EMFI is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RISE or EMFI?

EMFI is cheaper with a 0.50% expense ratio, compared with 0.73% for RISE.

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

EMFI has the higher dividend yield at 0.90%, compared with 0.49% for RISE.

What is the main difference between RISE and EMFI?

RISE is categorized as Emerging Markets Equities, while EMFI is Emerging Markets Bonds. Their fees differ too: 0.73% for RISE and 0.50% for EMFI.