SNEMX vs. CEMFX

Last updated Apr 1, 2026

Compare and contrast key facts about AB Emerging Markets Portfolio (SNEMX) and Cullen Emerging Markets High Dividend Fund (CEMFX).

SNEMX is managed by AllianceBernstein. It was launched on Dec 14, 1995. CEMFX is managed by Cullen Funds Trust. It was launched on Aug 30, 2012.

Performance

SNEMX vs. CEMFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AB Emerging Markets Portfolio (SNEMX) and Cullen Emerging Markets High Dividend Fund (CEMFX). The values are adjusted to include any dividend payments, if applicable.

SNEMX vs. CEMFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SNEMX AB Emerging Markets Portfolio	2.02%	30.74%	8.46%	10.43%	-21.39%	1.63%	15.25%	24.71%	-22.16%	32.96%
CEMFX Cullen Emerging Markets High Dividend Fund	6.79%	31.39%	9.51%	26.45%	-16.15%	6.74%	8.70%	19.75%	-16.90%	29.82%

Returns By Period

SNEMX

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

CEMFX

• 1D: -0.85%
• 1M: -11.79%
• YTD: 6.79%
• 6M: 11.80%
• 1Y: 38.22%
• 3Y*: 21.50%
• 5Y*: 10.64%
• 10Y*: 9.57%

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

SNEMX vs. CEMFX - Expense Ratio Comparison

SNEMX has a 1.28% expense ratio, which is higher than CEMFX's 1.00% expense ratio.

SNEMX

AB Emerging Markets Portfolio

CEMFX

Cullen Emerging Markets High Dividend Fund

Return for Risk

SNEMX vs. CEMFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CEMFX

CEMFX Risk / Return Rank: 93
CEMFX Sharpe Ratio Rank: 95
CEMFX Sortino Ratio Rank: 93
CEMFX Omega Ratio Rank: 92
CEMFX Calmar Ratio Rank: 93
CEMFX Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SNEMX vs. CEMFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AB Emerging Markets Portfolio (SNEMX) and Cullen Emerging Markets High Dividend Fund (CEMFX). 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.

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

Sharpe Ratios by Period

	SNEMX	CEMFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.25	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.76	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.64	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.46	—

Correlation

The correlation between SNEMX and CEMFX 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.

Dividends

SNEMX vs. CEMFX - Dividend Comparison

SNEMX's dividend yield for the trailing twelve months is around 1.89%, less than CEMFX's 2.03% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SNEMX AB Emerging Markets Portfolio	1.89%	1.92%	2.07%	1.64%	1.32%	9.76%	1.71%	1.53%	8.22%	0.74%	0.62%	2.52%
CEMFX Cullen Emerging Markets High Dividend Fund	2.03%	1.72%	3.31%	4.68%	1.26%	2.62%	2.13%	4.16%	2.26%	3.59%	3.65%	4.60%

Drawdowns

Drawdown Indicators

	SNEMX	CEMFX	Difference
Max Drawdown Largest peak-to-trough decline	—	-39.30%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-12.41%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.13%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.30%	—
Current Drawdown Current decline from peak	—	-12.41%	—
Average Drawdown Average peak-to-trough decline	—	-9.69%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.33%	—

Volatility

Volatility by Period

	SNEMX	CEMFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.95%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.42%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	16.42%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	14.09%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	14.92%	—