TRMD vs. EMEQ
TRMD (TORM plc) is a stock, while EMEQ (Nomura Focused Emerging Markets Equity ETF) is Emerging Markets Diversified fund actively managed by Nomura. Over the past year, TRMD returned 87.26% vs 154.82% for EMEQ. At a 0.15 correlation, their price movements are largely independent.
Performance
TRMD vs. EMEQ - Performance Comparison
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Returns By Period
In the year-to-date period, TRMD achieves a 50.73% return, which is significantly lower than EMEQ's 74.89% return.
TRMD
- 1D
- -0.25%
- 1M
- -17.54%
- YTD
- 50.73%
- 6M
- 38.75%
- 1Y
- 87.26%
- 3Y*
- 19.36%
- 5Y*
- 42.61%
- 10Y*
- —
EMEQ
- 1D
- -1.80%
- 1M
- 16.61%
- YTD
- 74.89%
- 6M
- 86.91%
- 1Y
- 154.82%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TRMD vs. EMEQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
TRMD TORM plc | 50.73% | 11.21% | -38.32% |
EMEQ Nomura Focused Emerging Markets Equity ETF | 74.89% | 69.78% | -1.16% |
Correlation
The correlation between TRMD and EMEQ is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Sep 6, 2024 | 0.15 |
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Return for Risk
TRMD vs. EMEQ — Risk / Return Rank
TRMD
EMEQ
TRMD vs. EMEQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TORM plc (TRMD) and Nomura Focused Emerging Markets Equity ETF (EMEQ). 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.
| TRMD | EMEQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.55 | ||
| Sortino ratioReturn per unit of downside risk | -2.11 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.71 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | 4.37 | 8.70 | -4.32 |
| Martin ratioReturn relative to average drawdown | 11.28 | 34.77 | -23.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TRMD | EMEQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.31 | 4.85 | -2.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.93 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 2.87 | -2.40 |
Drawdowns
TRMD vs. EMEQ - Drawdown Comparison
The maximum TRMD drawdown since its inception was -60.59%, which is greater than EMEQ's maximum drawdown of -19.99%. Use the drawdown chart below to compare losses from any high point for TRMD and EMEQ.
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Drawdown Indicators
| TRMD | EMEQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.59% | -19.99% | -40.60% |
Max Drawdown (1Y)Largest decline over 1 year | -20.06% | -17.91% | -2.15% |
Max Drawdown (3Y)Largest decline over 3 years | -60.59% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -60.59% | — | — |
Current DrawdownCurrent decline from peak | -17.54% | -3.05% | -14.49% |
Average DrawdownAverage peak-to-trough decline | -22.58% | -3.97% | -18.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.77% | 4.47% | +3.30% |
Volatility
TRMD vs. EMEQ - Volatility Comparison
The current volatility for TORM plc (TRMD) is 13.11%, while Nomura Focused Emerging Markets Equity ETF (EMEQ) has a volatility of 15.07%. This indicates that TRMD experiences smaller price fluctuations and is considered to be less risky than EMEQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TRMD | EMEQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.11% | 15.07% | -1.96% |
Volatility (6M)Calculated over the trailing 6-month period | 27.83% | 28.60% | -0.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.04% | 32.17% | +5.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.00% | 29.97% | +16.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.89% | 29.97% | +29.92% |
Dividends
TRMD vs. EMEQ - Dividend Comparison
TRMD's dividend yield for the trailing twelve months is around 8.61%, more than EMEQ's 1.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
EMEQ Nomura Focused Emerging Markets Equity ETF | 1.58% | 2.76% | 0.84% | 0.00% | 0.00% | 0.00% | 0.00% |
TRMD TORM plc | 8.61% | 10.32% | 30.13% | 23.05% | 6.99% | 0.00% | 14.89% |
Frequently Asked Questions
TRMD and EMEQ have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EMEQ has higher volatility (15.07%) compared to TRMD (13.11%). In terms of maximum drawdown, TRMD dropped -60.59% vs EMEQ's -19.99%.
EMEQ currently has the higher Sharpe Ratio (4.85 vs 2.31), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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