EMC vs SPY
Global X Emerging Markets Great Consumer ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. EMC delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | EMC | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.09% | |
| AUM | $55M | $789.1B | |
| Dividend Yield | 0.56% | 1.01% | |
| Holdings | 77 | 505 | |
| YTD Return | +14.83% | +13.75% | |
| 1Y Return | +24.87% | +22.91% | |
| 3Y Return (annualized) | +14.24% | +21.67% | |
| 5Y Return (annualized) | - | +13.32% | |
| Volatility (annualized) | 15.4% | 15.3% | |
| Max Drawdown | -18.4% | -56.5% | |
| Fund Family | Global X by mirae Asset | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Sep 24, 2010 | Jan 22, 1993 |
EMC vs SPY Performance
Global X Emerging Markets Great Consumer ETF (EMC) is a ETF from Global X by mirae Asset and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year EMC returned +24.87% while SPY returned +22.91%. Year to date, EMC is up 14.83% versus a gain of 13.75% for SPY.
Over three years, EMC compounded at +14.24% per year against +21.67% for SPY. Across the full 3-year window we track, EMC has the edge at +13.06% annualized vs +8.85%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EMC has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 15.3% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -18.4% for EMC and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EMC charges 0.65% per year while SPY charges 0.09%. On a $10,000 position that is $65 vs $9 annually, a gap of $56 per year that compounds over a long holding period. On income, EMC currently yields 0.56% against 1.01% for SPY.
Holdings Overlap
EMC and SPY share 0 holdings out of 571 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, EMC or SPY?
EMC has an expense ratio of 0.65% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $56 per year of difference.
Which performed better, EMC or SPY?
Over the past year EMC returned +24.87% vs +22.91% for SPY, so EMC leads on 1-year performance. Over the longest common window we track (3 years), EMC annualized +13.06% vs +8.85% for SPY. Past performance does not guarantee future results.
Which is riskier, EMC or SPY?
EMC has been the more volatile fund at 15.4% annualized versus 15.3% for SPY. Worst drawdown: EMC -18.4% vs SPY -56.5%.
Should I hold both EMC and SPY?
EMC and SPY have a monthly-return correlation of 0.71, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EMC and SPY?
EMC and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 571 unique securities.
Which pays a higher dividend, EMC or SPY?
EMC yields 0.56% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
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