RNEM vs. OHI
Compare and contrast key facts about First Trust Emerging Markets Equity Select ETF (RNEM) and Omega Healthcare Investors, Inc. (OHI).
RNEM is a passively managed fund by First Trust that tracks the performance of the Nasdaq Riskalyze Emerging Markets Equity Select Index. It was launched on Jun 20, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RNEM or OHI.
Key characteristics
| RNEM | OHI | |
|---|---|---|
| YTD Return | 2.35% | 45.92% |
| 1Y Return | 12.43% | 44.79% |
| 3Y Return (Ann) | 4.80% | 23.53% |
| 5Y Return (Ann) | 3.19% | 8.90% |
| Sharpe Ratio | 0.86 | 2.38 |
| Sortino Ratio | 1.27 | 3.41 |
| Omega Ratio | 1.16 | 1.43 |
| Calmar Ratio | 1.28 | 2.90 |
| Martin Ratio | 4.50 | 13.48 |
| Ulcer Index | 2.38% | 3.33% |
| Daily Std Dev | 12.46% | 18.82% |
| Max Drawdown | -38.38% | -94.62% |
| Current Drawdown | -6.12% | -1.17% |
Correlation
The correlation between RNEM and OHI is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
RNEM vs. OHI - Performance Comparison
In the year-to-date period, RNEM achieves a 2.35% return, which is significantly lower than OHI's 45.92% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
RNEM vs. OHI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Emerging Markets Equity Select ETF (RNEM) and Omega Healthcare Investors, Inc. (OHI). 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
RNEM vs. OHI - Dividend Comparison
RNEM's dividend yield for the trailing twelve months is around 1.49%, less than OHI's 6.48% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RNEM First Trust Emerging Markets Equity Select ETF | 1.49% | 1.63% | 2.99% | 3.20% | 3.01% | 2.85% | 2.85% | 2.28% | 0.00% | 0.00% | 0.00% | 0.00% |
OHI Omega Healthcare Investors, Inc. | 6.48% | 8.74% | 9.59% | 9.06% | 7.38% | 6.26% | 7.51% | 9.22% | 7.55% | 6.23% | 5.17% | 6.24% |
Drawdowns
RNEM vs. OHI - Drawdown Comparison
The maximum RNEM drawdown since its inception was -38.38%, smaller than the maximum OHI drawdown of -94.62%. Use the drawdown chart below to compare losses from any high point for RNEM and OHI. For additional features, visit the drawdowns tool.
Volatility
RNEM vs. OHI - Volatility Comparison
The current volatility for First Trust Emerging Markets Equity Select ETF (RNEM) is 3.67%, while Omega Healthcare Investors, Inc. (OHI) has a volatility of 6.63%. This indicates that RNEM experiences smaller price fluctuations and is considered to be less risky than OHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.