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Launched · SEC filings

Nomura Focused Emerging Markets Equity ETF

EMEQNasdaqNomuraD

$56.52−0.68 (−1.19%)

As of Nov 10, 2026, 11:25 AM ET

D26/ 100

Rank 24 of 27 in Emerging Markets Active Equity

D26/100Rank 24 of 27inEmerging Markets Active Equity
Intraday session: down, 24 prints from 57.20 to 56.52. Range 56.34 to 57.24. Use the arrow keys to read each point.56.4056.8057.0010 AM12 PM2 PM4 PM
Expense ratio
0.85%
Fund size
$555M
1Y total return
+50.6%
Yield · Last 12 months
1.94%
Holdings
66
Avg volume · 30D
123K sh
52W range
low $37.02high $78.71
Launched
Filings
SEC EDGAR

The ETF.net EMEQ Grade

Based on 5 of 6 pillars

D

Score 26 out of 100

Category
Emerging Markets Active Equity⁠
Rank
24 of 27
Six-pillar profile for EMEQ. Scores out of 100: Cost 2, Risk 36, Mission not scored, Tradability 56, Holdings 28, Durability 59. Strongest: Durability (59). Weakest: Cost (2). Based on 5 of 6 pillars.

Score 26 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F2 out of 100
    Rank 26 of 27

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D36 out of 100
    Rank 23 of 27

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B56 out of 100
    Rank 10 of 27

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D28 out of 100
    Rank 24 of 25

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B59 out of 100
    Rank 12 of 27

Our read on EMEQ

ETF.net Research

In short

DEmerging markets stripped to conviction: about 60 stocks, formally non-diversified, actively picked with no index to hug. Nomura's 2024 entrant charges 0.85%, with no fee waiver, above the typical EM fund.

Stated mandate

The Fund seeks long-term capital appreciation.

Why people hold it

  • Concentration is the point. Roughly 60 names and a non-diversified classification mean one winner can actually move the fund, instead of being diluted across a broad index.yahoo.com
  • Fully active, no declared benchmark: at least 80% of assets in emerging markets issuers, companies of any size, position sizes set by the manager rather than index weights.yahoo.com
  • Past the startup stage. Assets in the hundreds of millions and moderate daily volume for a fund that only listed in 2024.

Worth knowing

  • Cost is the trade-off: 0.85%, with no fee waiver, against 0.33% at AVEM, JEMA, AVSE and AVXC and 0.39% at DFEM. Above the category median across 27 funds.
  • Non-diversified cuts both ways. With about 60 holdings, a stumble in one large position or one country lands harder than it would in a broad index fund.yahoo.com
  • Short history. It launched September 2024, so the risk picture rests on about a year of data rather than a full market cycle.

EMEQ Performance

Launched Sep 4, 2024

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

Not enough history yet.Not enough history yet.Not enough history yet.
EMEQ$15,060
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,339
Nov 7, 2025 to Nov 9, 2026. EMEQ $15,060. SPY $11,339. Use the arrow keys to read each point.$10,000$15,000$20,000Nov 2025May 2026Nov 2026

Nov 7, 2025 – Nov 9, 2026

Returns run to the Nov 9, 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+42.3%
1 month−11.6%
3 months−8.4%
1 year+50.6%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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+42.3%
2025+69.7%
2024−1.2%

History from Sep 5, 2024

EMEQ in the news

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 Nov 9, 2026.
1.94%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

$10,000 in EMEQ 1 year ago paid $275 in dividends.

EMEQ Risk

Risk pillarD36 out of 100Rank 23 of 27 in Emerging Markets Active Equity
How much the fund’s monthly returns vary, scaled to a year.
34.5%
Annualised · 25 months to Oct 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.
1.18
vs 3-month T-bills · 25 months to Oct 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.
−31.1%
26 months · trough Nov 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.
1.72
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.

FMP measures it over up to five years of monthly returns.

EMEQ Cost

Compare EMEQ and AVEM

Overpaying vs AVEM, tied cheapest in Emerging Markets Active Equity

$9,462

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • EMEQ 0.85%

    $16,199

  • AVEM 0.33% Tied cheapest

    $6,737

$10,000
30 years

Cost over time

  • EMEQ 0.85%
  • AVEM 0.33%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530EMEQ $16,199AVEM $6,737

Year by year

YearEMEQAVEMOverpaying
10$1,508$598$910
20$5,706$2,318$3,388
30$16,199$6,737$9,462

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