EMCS vs QLVE
Xtrackers MSCI Emerging Markets Select ETF vs Northern Trust Emerging Markets Quality Low Volatility ETF
Which is better, EMCS or QLVE?
Nearly the same fund. EMCS costs less.
EMCS has a lower expense ratio. EMCS led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.95.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | EMCS | QLVE |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.18% |
| AUM | $1.0B | $16M |
| Dividend Yield | 1.53% | 3.14% |
| Holdings | 148 | 324 |
| YTD Return | +17.10%Best | +8.53% |
| 1Y Return | +21.59%Best | +9.86% |
| 3Y Return (annualized) | +24.92%Best | +16.17% |
| 5Y Return (annualized) | +7.37%Best | +6.67% |
| Volatility (annualized) | 19.2% | 13.1%Best |
| Max Drawdown | -44.9% | -30.0%Best |
| $10,000 over 5 years | $14,270Best | $13,811 |
| Fund Family | Xtrackers ETFs | Northern Trust Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 4, 2018 | Jul 15, 2019 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jul 16, 2019 to Nov 9, 2026 (7.3 years).
EMCS vs QLVE growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 7.3 years both funds cover.
EMCS vs QLVE Performance
Xtrackers MSCI Emerging Markets Select ETF (EMCS) is an ETF from Xtrackers ETFs and Northern Trust Emerging Markets Quality Low Volatility ETF (QLVE) is an ETF from Northern Trust Asset Management. Over the past year EMCS returned +21.59% while QLVE returned +9.86%. Year to date, EMCS is up 17.10% versus a gain of 8.53% for QLVE.
Over three years, EMCS compounded at +24.92% per year against +16.17% for QLVE; over five years the annualized figures are +7.37% and +6.67% respectively. Across the full 7-year window we track, EMCS has the edge at +8.27% annualized vs +5.67%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EMCS has been the more volatile fund, with annualized monthly volatility of 19.2% compared with 13.1% for QLVE. 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 -44.9% for EMCS and -30.0% for QLVE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
EMCS charges 0.15% per year while QLVE charges 0.18%. On a $10,000 position that is $15 vs $18 annually, a gap of $3 per year that compounds over a long holding period. On income, EMCS currently yields 1.53% against 3.14% for QLVE.
You are not choosing between two funds in isolation.
Whichever of EMCS and QLVE you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EMCS or QLVE?
EMCS has an expense ratio of 0.15% while QLVE charges 0.18%. EMCS is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, EMCS or QLVE?
Over the past year EMCS returned +21.59% vs +9.86% for QLVE, so EMCS leads on 1-year performance. Over the longest common window we track (7 years), EMCS annualized +8.27% vs +5.67% for QLVE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EMCS or QLVE?
EMCS has been the more volatile fund at 19.2% annualized versus 13.1% for QLVE. Worst drawdown: EMCS -44.9% vs QLVE -30.0%.
Should I hold both EMCS and QLVE?
EMCS and QLVE have a monthly-return correlation of 0.95, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, EMCS or QLVE?
EMCS yields 1.53% while QLVE yields 3.14%, so QLVE currently pays the higher dividend yield.
Is QLVE better than EMCS?
EMCS has a lower expense ratio. EMCS led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.95. Which one suits a particular account depends on what it is for. This is information, not a recommendation.