STXE vs. EMKT

Last updated Jun 24, 2026

STXE (Strive Emerging Markets Ex-China ETF) and EMKT (Lazard Emerging Markets Opportunities ETF) are both Emerging Markets Diversified funds. STXE is passively managed, while EMKT is actively managed. Their correlation of 0.92 suggests significant overlap in exposure. STXE charges 0.32%/yr vs 0.74%/yr for EMKT.

Performance

STXE vs. EMKT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strive Emerging Markets Ex-China ETF (STXE) and Lazard Emerging Markets Opportunities ETF (EMKT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, STXE achieves a 44.03% return, which is significantly higher than EMKT's 25.38% return.

STXE

• 1D: -6.43%
• 1M: 6.24%
• YTD: 44.03%
• 6M: 45.98%
• 1Y: 75.87%
• 3Y*: 28.56%
• 5Y*: —
• 10Y*: —

EMKT

• 1D: -5.64%
• 1M: 3.35%
• YTD: 25.38%
• 6M: 26.06%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

STXE vs. EMKT - Yearly Performance Comparison

	2026 (YTD)	2025
STXE Strive Emerging Markets Ex-China ETF	44.03%	3.13%
EMKT Lazard Emerging Markets Opportunities ETF	25.38%	-1.26%

Correlation

The correlation between STXE and EMKT is 0.92, 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 Oct 27, 2025	0.92

Return for Risk

STXE vs. EMKT — Risk / Return Rank

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

STXE

STXE Risk / Return Rank: 89
STXE Sharpe Ratio Rank: 90
STXE Sortino Ratio Rank: 82
STXE Omega Ratio Rank: 89
STXE Calmar Ratio Rank: 90
STXE Martin Ratio Rank: 91

EMKT

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

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.

STXE vs. EMKT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strive Emerging Markets Ex-China ETF (STXE) and Lazard Emerging Markets Opportunities ETF (EMKT). 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.

	STXE	EMKT	Difference
Sharpe ratio: Return per unit of total volatility	2.86	—	—
Sortino ratio: Return per unit of downside risk	3.40	—	—
Omega ratio: Gain probability vs. loss probability	1.52	—	—
Calmar ratio: Return relative to maximum drawdown	5.26	—	—
Martin ratio: Return relative to average drawdown	20.32	—	—

Drawdowns

STXE vs. EMKT - Drawdown Comparison

The maximum STXE drawdown since its inception was -18.92%, which is greater than EMKT's maximum drawdown of -14.21%. Use the drawdown chart below to compare losses from any high point for STXE and EMKT.

Drawdown Indicators

	STXE	EMKT	Difference
Max Drawdown Largest peak-to-trough decline	-18.92%	-14.21%	-4.71%
Max Drawdown (1Y) Largest decline over 1 year	-14.51%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.92%	—	—
Current Drawdown Current decline from peak	-6.43%	-5.64%	-0.79%
Average Drawdown Average peak-to-trough decline	-3.72%	-3.10%	-0.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.74%	—	—

Volatility

Volatility by Period

	STXE	EMKT	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.52%	—	—
Volatility (6M) Calculated over the trailing 6-month period	24.95%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	26.68%	24.71%	+1.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.08%	24.71%	-5.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.08%	24.71%	-5.63%

STXE vs. EMKT - Expense Ratio Comparison

STXE has a 0.32% expense ratio, which is lower than EMKT's 0.74% expense ratio.

Dividends

STXE vs. EMKT - Dividend Comparison

STXE's dividend yield for the trailing twelve months is around 1.87%, more than EMKT's 0.44% yield.

Position	TTM	2025	2024	2023
EMKT Lazard Emerging Markets Opportunities ETF	0.44%	0.00%	0.00%	0.00%
STXE Strive Emerging Markets Ex-China ETF	1.87%	2.66%	3.22%	1.08%

Frequently Asked Questions

Can I hold both STXE and EMKT in my portfolio?

With a correlation of 0.92, STXE and EMKT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, STXE or EMKT?

On fees, STXE is cheaper at 0.32% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, STXE or EMKT?

STXE is cheaper with a 0.32% expense ratio, compared with 0.74% for EMKT.

Which ETF pays a higher dividend yield, STXE or EMKT?

STXE has the higher dividend yield at 1.87%, compared with 0.44% for EMKT.

What is the main difference between STXE and EMKT?

They also come from different issuers: Strive and Lazard. Their fees differ too: 0.32% for STXE and 0.74% for EMKT.