EMMF vs NSI
WisdomTree Emerging Markets Multifactor Fund vs National Security Emerging Markets Index ETF
Which is better, EMMF or NSI?
Each has led over a different period.
EMMF has a lower expense ratio. EMMF led over 1Y and 3Y, NSI over the full window. EMMF is less concentrated, with 29.5% of the fund in its ten largest positions against 50.4%.
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 | EMMF | NSI |
|---|---|---|
| Expense Ratio | 0.48%Best | 0.75% |
| AUM | $181M | $43M |
| Dividend Yield | 1.89% | 1.21% |
| Holdings | 245 | 204 |
| YTD Return | +9.44%Best | +4.85% |
| 1Y Return | +12.37%Best | +8.86% |
| 3Y Return (annualized) | +18.03%Best | +16.70% |
| 5Y Return (annualized) | +8.53% | - |
| Volatility (annualized) | 14.5% | 13.4%Best |
| Max Drawdown | -16.0%Best | -16.6% |
| $10,000 over 2.9 years | $15,425 | $15,650Best |
| Top 10 Weight | 29.5%Best | 50.4% |
| Fund Family | WisdomTree Investments | National Security Index |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Aug 10, 2018 | Dec 6, 2023 |
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Dec 7, 2023 to Oct 26, 2026 (2.9 years).
EMMF vs NSI 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 2.9 years both funds cover.
EMMF vs NSI Performance
WisdomTree Emerging Markets Multifactor Fund (EMMF) is an ETF from WisdomTree Investments and National Security Emerging Markets Index ETF (NSI) is an ETF from National Security Index. Over the past year EMMF returned +12.37% while NSI returned +8.86%. Year to date, EMMF is up 9.44% versus a gain of 4.85% for NSI.
Over three years, EMMF compounded at +18.03% per year against +16.70% for NSI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EMMF has been the more volatile fund, with annualized monthly volatility of 14.5% compared with 13.4% for NSI. 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 -16.0% for EMMF and -16.6% for NSI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EMMF charges 0.48% per year while NSI charges 0.75%. On a $10,000 position that is $48 vs $75 annually, a gap of $27 per year that compounds over a long holding period. On income, EMMF currently yields 1.89% against 1.21% for NSI.
Holdings Overlap
14.9% of EMMF's money is in holdings NSI also owns. 38.5% of NSI's money is in holdings EMMF also owns.
The two portfolios partly overlap.
12 positions in common, counted across the 209 positions we hold weights for in EMMF and 99 in NSI, against full books of 245 and 204.
What only one of them owns
Our book lists 31 positions for NSI that do not appear in our book for EMMF (19.8% of the fund), and 10 for EMMF that do not appear in NSI (3.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in EMMF | Weight in NSI | Difference |
|---|---|---|---|
| 2330:TWTaiwan Semiconductor Manufacturing Co Ltd | 7.92% | 15.50% | 7.58% |
| 009150:KRSamsung Electro-Mechanics Co. Ltd., Preference Shares | 0.50% | 10.07% | 9.57% |
| ASX:TWAse Technology Holding Co., Ltd. American Depositary Shares (Each Representing Two Common Shares) | 0.83% | 4.66% | 3.83% |
| UMCUnited Microelectronics Corp | 0.48% | 3.43% | 2.95% |
| MELIMercadolibre Inc | 1.81% | 1.42% | 0.39% |
| 9999:HKNetease Inc | 0.30% | 1.99% | 1.69% |
| CPNGCoupang LLC | 1.36% | 0.43% | 0.93% |
| VIPSVipshop Holdings Ltd | 0.35% | 0.30% | 0.05% |
| SSL:ZASasol Ltd | 0.38% | 0.21% | 0.17% |
| JBS:ASJbs Nv-A | 0.29% | 0.20% | 0.09% |
38.5% of NSI is already inside EMMF.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EMMF or NSI?
EMMF has an expense ratio of 0.48% while NSI charges 0.75%. EMMF is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, EMMF or NSI?
Over the past year EMMF returned +12.37% vs +8.86% for NSI, so EMMF leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EMMF or NSI?
EMMF has been the more volatile fund at 14.5% annualized versus 13.4% for NSI. Worst drawdown: EMMF -16.0% vs NSI -16.6%.
Should I hold both EMMF and NSI?
EMMF and NSI have a monthly-return correlation of 0.80, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between EMMF and NSI?
38.5% of NSI's money is in holdings EMMF also owns. 38.5% of NSI's is in holdings EMMF also owns. They hold 12 positions in common, counted across the 209 positions we hold weights for in EMMF and 99 in NSI.
Which pays a higher dividend, EMMF or NSI?
EMMF yields 1.89% while NSI yields 1.21%, so EMMF currently pays the higher dividend yield.
Is NSI better than EMMF?
EMMF has a lower expense ratio. EMMF led over 1Y and 3Y, NSI over the full window. EMMF is less concentrated, with 29.5% of the fund in its ten largest positions against 50.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.