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EMEQ

GradeDNASDAQ Global Market

Nomura Focused Emerging Markets Equity ETF

Active Equity · Nomura · Inception 2024-09-04

$67.11−1.48 (−2.15%)

As of Sep 23, 2026, 3:15 PM EDT

History starts Sep 5, 2024.
Intraday session: down, 65 prints from 68.58 to 67.11. Range 66.78 to 68.02. Use the arrow keys to read each point.$67.50$68.0010 AM12 PM2 PM4 PM
Expense ratio
0.85%
Fund size
$639M
1Y return
+96.7%
Yield · Last 12 months
1.62%
Holdings
60
Volume · 30D
0.1M sh
NAV per share
$66.53
52W range
low $35.02high $78.71

The ETF.net EMEQ Grade

D

35/ 100

Rank 22 of 28 in Emerging Markets Active Equity

Confidence Medium

Six-pillar profile for EMEQ. Scores out of 100: Cost 7, Risk 35, Mission not scored, Tradability 91, Holdings 29, Durability 59. Strongest: Tradability (91). Weakest: Cost (7). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 35 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    FScore 7
    Category rank25/28 · bottom quartile
  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 35
    Category rank24/28 · bottom quartile
  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 91
    Category rank2/28 · top 7%
  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 29
    Category rank24/26 · bottom quartile
  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 59
    Category rank12/28 · top 43%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on EMEQ

ETF.net Research

DMacquarie's high-conviction swing at emerging markets: roughly 60 stocks, actively picked, no index to hide behind. It launched in 2024 and trades easily for a newcomer, and you pay up for that concentration.

Stated mandate

The Fund seeks long-term capital appreciation.

Why people hold it

  1. 01Roughly 60 holdings, so individual picks actually move the fund. This is a concentrated active portfolio, not a closet index carrying hundreds of names.
  2. 02Trades smoothly for a fund this young. Execution quality is one of its stronger showings against active emerging markets peers.
  3. 03The mandate is refreshingly plain: emerging markets equity, actively managed, seeking long-term capital appreciation. No thematic overlay, no leverage.

Worth knowing

  1. 01At 0.86% a year it runs above the 0.65% median for active EM funds, and the top-graded systematic peers (AVEM, JEMA, DFEM) charge 0.33% to 0.39%.
  2. 02Launched in 2024, so the live record is short and risk readings rest on a thin history rather than a full market cycle.
  3. 03On cost and portfolio construction it sits toward the back of a crowded active emerging markets field.

EMEQ Holdings

As of Sep 21, 2026, 4:04 AM
Asset class
Stocks
Holdings
60
Top-10 weight
66%
Largest holding
2330.TW13.0%

Sectors

  • Technology54.1%
  • Financials12.8%
  • Energy8.3%
  • Consumer Discr.7.4%
  • Industrials6.0%
  • Communication6.0%
  • Cons. Staples2.8%
  • Materials1.6%
  • Health Care1.1%

Geography

  • Korea (the Republic of)42.24%
  • Taiwan (Province of China)20.36%
  • China8.60%
  • United States5.39%
  • Brazil5.26%
  • Mexico4.41%
  • India2.66%
  • Malaysia1.68%
  • Other countries (11)9.41%

Developed 3% · Emerging 97% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 5.
#TickerCompanyWeight %SharesMarket valueIn ETFs
0012330.TWTAIWAN SEMICONDUCTOR13.00%1,042,889$81M175
002402340.KSSK SQUARE CO LTD COMMON12.79%101,791$79M111
003005930.KSSAMSUNG ELECTRONICS CO10.06%330,802$62M176
004000660.KSSK HYNIX INC COMMON STOCK9.38%43,345$58M184
005RELIANCE INDUSTRIES LTD4.36%532,652$27M16
006028260.KSSAMSUNG C&T CORP COMMON4.15%101,495$26M80
0072454.TWMEDIATEK INC COMMON STOCK3.97%166,113$25M162
0080700.HKTENCENT HOLDINGS LTD2.89%336,270$18M153
009005935.KSSAMSUNG ELECTRONICS CO2.71%118,578$17M85
010PBRPETROLEO BRASILEIRO SA -2.42%722,666$15M50
011BABAALIBABA GROUP HOLDING LTD2.16%118,352$13M78
0122317.TWHON HAI PRECISION2.14%1,683,028$13M114
013032830.KSSAMSUNG LIFE INSURANCE CO1.42%42,928$9M89
014GFNORTEO.MXGRUPO FINANCIERO BANORTE1.08%608,109$7M112
015NPN.JONASPERS LTD COMMON STOCK1.06%150,394$7M90

Showing 1–15 of 63 holdings

EMEQ Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

EMEQ$19,673
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. EMEQ $19,673. SPY $11,723. Use the arrow keys to read each point.$8,501$15,968$23,434Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for EMEQ. Periods over one year show the average yearly return.
PeriodEMEQ
Year to date+70.6%
1 month+4.3%
3 months−12.2%
1 year+96.7%
3 yearsFund is under 3 years oldper year
5 yearsFund is under 5 years oldper year
10 yearsFund is under 10 years oldper year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for EMEQ
YearReturn barEMEQ
2026 YTD+70.6%
2025+69.7%
2024−1.2%

History from Sep 5, 2024

EMEQ in the news

ETF.net Research hasn’t filed on EMEQ yet — coverage lands here as it’s written.

EMEQ Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
1.62%Last 12 months
Payout per share
$1.11Last 12 months
Last payment
$1.11 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2024–2026

One bar per payment. 2 payments from 2024 to 2026 YTD. Dec 23, 2024 $0.20; Dec 24, 2025 $1.11. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Dec 24, 2025Dec 31, 2025$1.11
Dec 23, 2024Dec 30, 2024$0.20

EMEQ Risk

How much the fund’s monthly returns vary, scaled to a year.
34.1%
Annualised · 23 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.46
vs 3-month T-bills · 23 months to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−26.2%
24 months · trough Jul 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.65
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

EMEQ Cost

Expense ratio0.85%
  • The middle half of Emerging Markets Active Equity funds
  • Median 0.65%

24 of the 27 Emerging Markets Active Equity funds charge less.

EMEQ costs $85.00 a year on $10,000. The median Emerging Markets Active Equity fund costs $65.00.