EMEQ vs IVV
Nomura Focused Emerging Markets Equity ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. EMEQ delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | EMEQ | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.86% | 0.03% | |
| AUM | $581M | $865.2B | |
| Dividend Yield | 1.55% | 1.09% | |
| Holdings | 60 | 508 | |
| YTD Return | +48.70% | +13.43% | |
| 1Y Return | +108.76% | +22.61% | |
| 3Y Return (annualized) | - | +21.47% | |
| 5Y Return (annualized) | - | +13.26% | |
| Volatility (annualized) | 34.2% | 15.1% | |
| Max Drawdown | -26.3% | -56.5% | |
| Fund Family | Macquarie Funds | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Sep 4, 2024 | May 15, 2000 |
EMEQ vs IVV Performance
Nomura Focused Emerging Markets Equity ETF (EMEQ) is a ETF from Macquarie Funds and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year EMEQ returned +108.76% while IVV returned +22.61%. Year to date, EMEQ is up 48.70% versus a gain of 13.43% for IVV.
Risk: Volatility and Drawdowns
EMEQ has been the more volatile fund, with annualized monthly volatility of 34.2% compared with 15.1% for IVV. 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 -26.3% for EMEQ and -56.5% for IVV. 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 0.59. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
EMEQ charges 0.86% per year while IVV charges 0.03%. On a $10,000 position that is $86 vs $3 annually, a gap of $83 per year that compounds over a long holding period. On income, EMEQ currently yields 1.55% against 1.09% for IVV.
Holdings Overlap
EMEQ and IVV share 0 holdings out of 557 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, EMEQ or IVV?
EMEQ has an expense ratio of 0.86% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $83 per year of difference.
Which performed better, EMEQ or IVV?
Over the past year EMEQ returned +108.76% vs +22.61% for IVV, so EMEQ leads on 1-year performance. Over the longest common window we track (2 years), EMEQ annualized +64.20% vs +7.03% for IVV. Past performance does not guarantee future results.
Which is riskier, EMEQ or IVV?
EMEQ has been the more volatile fund at 34.2% annualized versus 15.1% for IVV. Worst drawdown: EMEQ -26.3% vs IVV -56.5%.
Should I hold both EMEQ and IVV?
EMEQ and IVV have a monthly-return correlation of 0.59, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EMEQ and IVV?
EMEQ and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 557 unique securities.
Which pays a higher dividend, EMEQ or IVV?
EMEQ yields 1.55% while IVV yields 1.09%, so EMEQ currently pays the higher dividend yield.
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