RNEM vs. SFENX
Compare and contrast key facts about First Trust Emerging Markets Equity Select ETF (RNEM) and Schwab Fundamental Emerging Markets Large Company Index Fund (SFENX).
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. SFENX is managed by Charles Schwab. It was launched on Jan 30, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RNEM or SFENX.
Key characteristics
| RNEM | SFENX | |
|---|---|---|
| YTD Return | -0.01% | 13.98% |
| 1Y Return | 6.66% | 20.74% |
| 3Y Return (Ann) | 3.95% | 2.89% |
| 5Y Return (Ann) | 3.00% | 5.31% |
| Sharpe Ratio | 0.70 | 1.55 |
| Sortino Ratio | 1.04 | 2.20 |
| Omega Ratio | 1.13 | 1.28 |
| Calmar Ratio | 1.04 | 1.63 |
| Martin Ratio | 3.42 | 7.58 |
| Ulcer Index | 2.53% | 3.04% |
| Daily Std Dev | 12.41% | 14.89% |
| Max Drawdown | -38.38% | -60.58% |
| Current Drawdown | -8.29% | -8.66% |
Correlation
The correlation between RNEM and SFENX is 0.72, 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
RNEM vs. SFENX - Performance Comparison
In the year-to-date period, RNEM achieves a -0.01% return, which is significantly lower than SFENX's 13.98% 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.
RNEM vs. SFENX - Expense Ratio Comparison
RNEM has a 0.75% expense ratio, which is higher than SFENX's 0.39% expense ratio.
Risk-Adjusted Performance
RNEM vs. SFENX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Emerging Markets Equity Select ETF (RNEM) and Schwab Fundamental Emerging Markets Large Company Index Fund (SFENX). 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. SFENX - Dividend Comparison
RNEM's dividend yield for the trailing twelve months is around 1.53%, less than SFENX's 4.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RNEM First Trust Emerging Markets Equity Select ETF | 1.53% | 1.63% | 2.99% | 3.20% | 3.01% | 2.85% | 2.85% | 2.28% | 0.00% | 0.00% | 0.00% | 0.00% |
SFENX Schwab Fundamental Emerging Markets Large Company Index Fund | 4.39% | 5.01% | 5.46% | 4.61% | 2.95% | 3.83% | 2.90% | 2.38% | 2.16% | 3.23% | 2.83% | 2.02% |
Drawdowns
RNEM vs. SFENX - Drawdown Comparison
The maximum RNEM drawdown since its inception was -38.38%, smaller than the maximum SFENX drawdown of -60.58%. Use the drawdown chart below to compare losses from any high point for RNEM and SFENX. For additional features, visit the drawdowns tool.
Volatility
RNEM vs. SFENX - Volatility Comparison
The current volatility for First Trust Emerging Markets Equity Select ETF (RNEM) is 3.70%, while Schwab Fundamental Emerging Markets Large Company Index Fund (SFENX) has a volatility of 5.01%. This indicates that RNEM experiences smaller price fluctuations and is considered to be less risky than SFENX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.