ZEMIX vs. ZSP.TO
Compare and contrast key facts about Ninety One Emerging Markets Equity Fund (ZEMIX) and BMO S&P 500 Index ETF (ZSP.TO).
ZEMIX is managed by Ninety One. It was launched on Nov 27, 2018. ZSP.TO is a passively managed fund by BMO that tracks the performance of the S&P 500 Index. It was launched on Nov 14, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ZEMIX or ZSP.TO.
Correlation
The correlation between ZEMIX and ZSP.TO is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ZEMIX vs. ZSP.TO - Performance Comparison
Key characteristics
ZEMIX:
1.39
ZSP.TO:
2.54
ZEMIX:
1.90
ZSP.TO:
3.53
ZEMIX:
1.24
ZSP.TO:
1.47
ZEMIX:
0.67
ZSP.TO:
3.92
ZEMIX:
5.66
ZSP.TO:
17.92
ZEMIX:
3.63%
ZSP.TO:
1.69%
ZEMIX:
14.80%
ZSP.TO:
11.92%
ZEMIX:
-43.94%
ZSP.TO:
-26.94%
ZEMIX:
-16.89%
ZSP.TO:
-1.30%
Returns By Period
In the year-to-date period, ZEMIX achieves a 6.57% return, which is significantly higher than ZSP.TO's 2.74% return.
ZEMIX
6.57%
5.38%
8.84%
19.81%
2.53%
N/A
ZSP.TO
2.74%
0.11%
14.95%
30.23%
15.98%
14.34%
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ZEMIX vs. ZSP.TO - Expense Ratio Comparison
ZEMIX has a 0.85% expense ratio, which is higher than ZSP.TO's 0.09% expense ratio.
Risk-Adjusted Performance
ZEMIX vs. ZSP.TO — Risk-Adjusted Performance Rank
ZEMIX
ZSP.TO
ZEMIX vs. ZSP.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ninety One Emerging Markets Equity Fund (ZEMIX) and BMO S&P 500 Index ETF (ZSP.TO). 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.
Dividends
ZEMIX vs. ZSP.TO - Dividend Comparison
ZEMIX's dividend yield for the trailing twelve months is around 1.37%, more than ZSP.TO's 0.92% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ZEMIX Ninety One Emerging Markets Equity Fund | 1.37% | 1.46% | 2.28% | 1.22% | 1.66% | 1.08% | 2.74% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% |
ZSP.TO BMO S&P 500 Index ETF | 0.92% | 0.94% | 1.33% | 1.44% | 1.15% | 1.45% | 1.48% | 1.64% | 1.64% | 2.20% | 1.54% | 1.46% |
Drawdowns
ZEMIX vs. ZSP.TO - Drawdown Comparison
The maximum ZEMIX drawdown since its inception was -43.94%, which is greater than ZSP.TO's maximum drawdown of -26.94%. Use the drawdown chart below to compare losses from any high point for ZEMIX and ZSP.TO. For additional features, visit the drawdowns tool.
Volatility
ZEMIX vs. ZSP.TO - Volatility Comparison
Ninety One Emerging Markets Equity Fund (ZEMIX) has a higher volatility of 4.07% compared to BMO S&P 500 Index ETF (ZSP.TO) at 2.78%. This indicates that ZEMIX's price experiences larger fluctuations and is considered to be riskier than ZSP.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.