UEVM vs. EMKT
UEVM (VictoryShares Emerging Markets Value Momentum ETF) and EMKT (Lazard Emerging Markets Opportunities ETF) are both exchange-traded funds - UEVM is a Momentum fund tracking the Nasdaq Victory Emerging Market Value Momentum Index, while EMKT is a Emerging Markets Diversified fund actively managed by Lazard. UEVM is passively managed, while EMKT is actively managed. Their correlation of 0.81 suggests significant overlap in exposure. UEVM charges 0.45%/yr vs 0.74%/yr for EMKT.
Performance
UEVM vs. EMKT - Performance Comparison
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Returns By Period
In the year-to-date period, UEVM achieves a 8.99% return, which is significantly lower than EMKT's 30.02% return.
UEVM
- 1D
- -1.86%
- 1M
- 0.77%
- YTD
- 8.99%
- 6M
- 8.31%
- 1Y
- 24.92%
- 3Y*
- 18.34%
- 5Y*
- 7.55%
- 10Y*
- —
EMKT
- 1D
- -1.45%
- 1M
- 11.71%
- YTD
- 30.02%
- 6M
- 31.86%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
UEVM vs. EMKT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
UEVM VictoryShares Emerging Markets Value Momentum ETF | 8.99% | -0.83% |
EMKT Lazard Emerging Markets Opportunities ETF | 30.02% | -1.29% |
Correlation
The correlation between UEVM and EMKT is 0.81, 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 28, 2025 | 0.81 |
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Return for Risk
UEVM vs. EMKT — Risk / Return Rank
UEVM
EMKT
UEVM vs. EMKT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VictoryShares Emerging Markets Value Momentum ETF (UEVM) 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.
| UEVM | EMKT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.30 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.56 | — | — |
| Martin ratioReturn relative to average drawdown | 8.65 | — | — |
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
| UEVM | EMKT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.65 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.48 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 2.33 | -2.00 |
Drawdowns
UEVM vs. EMKT - Drawdown Comparison
The maximum UEVM drawdown since its inception was -45.44%, which is greater than EMKT's maximum drawdown of -14.21%. Use the drawdown chart below to compare losses from any high point for UEVM and EMKT.
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Drawdown Indicators
| UEVM | EMKT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.44% | -14.21% | -31.23% |
Max Drawdown (1Y)Largest decline over 1 year | -9.79% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -18.88% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -26.98% | — | — |
Current DrawdownCurrent decline from peak | -2.18% | -1.45% | -0.73% |
Average DrawdownAverage peak-to-trough decline | -11.67% | -3.04% | -8.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.89% | — | — |
Volatility
UEVM vs. EMKT - Volatility Comparison
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Volatility by Period
| UEVM | EMKT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.15% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 12.13% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 15.18% | 22.46% | -7.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.90% | 22.46% | -6.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.39% | 22.46% | -4.07% |
UEVM vs. EMKT - Expense Ratio Comparison
UEVM has a 0.45% expense ratio, which is lower than EMKT's 0.74% expense ratio.
Dividends
UEVM vs. EMKT - Dividend Comparison
UEVM's dividend yield for the trailing twelve months is around 3.05%, while EMKT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
EMKT Lazard Emerging Markets Opportunities ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
UEVM VictoryShares Emerging Markets Value Momentum ETF | 3.05% | 4.02% | 5.65% | 4.71% | 3.46% | 4.49% | 2.19% | 2.79% | 2.34% | 0.79% |
Frequently Asked Questions
UEVM and EMKT have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UEVM is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UEVM is cheaper with a 0.45% expense ratio, compared with 0.74% for EMKT.
UEVM has the higher dividend yield at 3.05%, compared with 0.00% for EMKT.
UEVM is categorized as Momentum, while EMKT is Emerging Markets Diversified. They also come from different issuers: Victory Capital and Lazard. Their fees differ too: 0.45% for UEVM and 0.74% for EMKT.
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