UTRN vs. EMQQ

Last updated Apr 2, 2026

Compare and contrast key facts about Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN) and Emerging Markets Internet & Ecommerce ETF (EMQQ).

UTRN and EMQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UTRN is a passively managed fund by Exchange Traded Concepts that tracks the performance of the Vesper US Large Cap Short-Term Reversal Index. It was launched on Sep 21, 2018. EMQQ is a passively managed fund by Exchange Traded Concepts that tracks the performance of the EMQQ The Emerging Markets Internet & Ecommerce Index. It was launched on Nov 13, 2014. Both UTRN and EMQQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

UTRN vs. EMQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN) and Emerging Markets Internet & Ecommerce ETF (EMQQ). The values are adjusted to include any dividend payments, if applicable.

UTRN vs. EMQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
UTRN Vesper U.S. Large Cap Short-Term Reversal Strategy ETF	0.00%	-3.65%	28.82%	0.72%	-20.36%	30.54%	19.21%	31.81%	-14.57%
EMQQ Emerging Markets Internet & Ecommerce ETF	-18.41%	20.66%	13.79%	4.48%	-30.70%	-32.53%	80.45%	33.86%	-18.07%

Returns By Period

UTRN

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

EMQQ

• 1D: -0.45%
• 1M: -7.00%
• YTD: -18.41%
• 6M: -26.81%
• 1Y: -11.51%
• 3Y*: 2.73%
• 5Y*: -12.03%
• 10Y*: 4.82%

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

UTRN vs. EMQQ - Expense Ratio Comparison

UTRN has a 0.75% expense ratio, which is lower than EMQQ's 0.86% expense ratio.

EMQQ

Emerging Markets Internet & Ecommerce ETF

UTRN

Vesper U.S. Large Cap Short-Term Reversal Strategy ETF

Return for Risk

UTRN vs. EMQQ — Risk / Return Rank

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

EMQQ

EMQQ Risk / Return Rank: 4
EMQQ Sharpe Ratio Rank: 4
EMQQ Sortino Ratio Rank: 4
EMQQ Omega Ratio Rank: 4
EMQQ Calmar Ratio Rank: 6
EMQQ Martin Ratio Rank: 4

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.

UTRN vs. EMQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN) and Emerging Markets Internet & Ecommerce ETF (EMQQ). 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

	UTRN	EMQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.51	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.36	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.16	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.10	—

Correlation

The correlation between UTRN and EMQQ is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

UTRN vs. EMQQ - Dividend Comparison

UTRN has not paid dividends to shareholders, while EMQQ's dividend yield for the trailing twelve months is around 3.79%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
UTRN Vesper U.S. Large Cap Short-Term Reversal Strategy ETF	0.00%	0.00%	1.06%	2.75%	1.09%	24.51%	9.09%	3.77%	0.71%	0.00%	0.00%	0.00%
EMQQ Emerging Markets Internet & Ecommerce ETF	3.79%	3.09%	1.70%	0.79%	0.00%	0.00%	0.18%	1.29%	0.00%	0.94%	0.75%	0.08%

Drawdowns

Drawdown Indicators

	UTRN	EMQQ	Difference
Max Drawdown Largest peak-to-trough decline	—	-73.24%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-29.96%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-67.62%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-73.24%	—
Current Drawdown Current decline from peak	—	-57.02%	—
Average Drawdown Average peak-to-trough decline	—	-30.99%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.72%	—

Volatility

Volatility by Period

	UTRN	EMQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.66%	—
Volatility (6M) Calculated over the trailing 6-month period	—	15.45%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	22.48%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	33.23%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	30.54%	—