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Launched

Lazard Emerging Markets Opportunities ETF

EMKTNYSE ArcaLazardC

$28.54−0.11 (−0.38%)

As of Nov 10, 2026, 11:24 AM ET

C45/ 100

Rank 16 of 27 in Emerging Markets Active Equity

C45/100Rank 16 of 27inEmerging Markets Active Equity
Intraday session: down, 20 prints from 28.65 to 28.54. Range 28.54 to 28.87. Use the arrow keys to read each point.28.6028.7028.7528.8028.8510 AM12 PM2 PM4 PM
Expense ratio
0.74%
Fund size
$164M
1Y total return
+16.9%
Yield · Last 12 months
No data
Holdings
74
Avg volume · 30D
12.7K sh
52W range
low $23.77high $33.28
Launched

The ETF.net EMKT Grade

Based on 5 of 6 pillars

C

Score 45 out of 100

Category
Emerging Markets Active Equity⁠
Rank
16 of 27
Six-pillar profile for EMKT. Scores out of 100: Cost 33, Risk 62, Mission not scored, Tradability 47, Holdings 42, Durability 73. Strongest: Durability (73). Weakest: Cost (33). Based on 5 of 6 pillars.

Score 45 of 100 falls in the C 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.
    D33 out of 100
    Rank 18 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.
    B62 out of 100
    Rank 4 of 27

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C47 out of 100
    Rank 13 of 27

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C42 out of 100
    Rank 20 of 25

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A73 out of 100
    Rank 5 of 27

Our read on EMKT

ETF.net Research

In short

COld-school value hunting in emerging markets: Lazard's managers buy non-US companies they read as cheap on earnings, cash flow, or asset values. A human-picked portfolio with roots in 2013, not an index clone.

Stated mandate

The Portfolio seeks long-term capital appreciation. It primarily invests in equity securities, principally common stocks, of non-U.S. companies whose main activities are in emerging markets and that the manager considers undervalued based on earnings, cash flow, or asset values.

Why people hold it

  • Real stock picking: managers target EM companies they judge undervalued on earnings, cash flow, or asset values, so the lineup can look nothing like a cap-weighted benchmark.
  • The strategy dates to 2013, so it has been run through multiple emerging-market cycles rather than launched into whatever theme is hot this year.
  • Simple plumbing: a standard 1940 Act equity fund holding common stocks of non-US companies, not a derivatives wrapper you need a manual to decode.

Worth knowing

  • At 0.74% it runs above the typical active EM fund, and the cohort's strongest-rated names (AVEM, JEMA, AVXC) charge 0.33%. It sits in the lower half of that peer group.
  • Thin trading volume and a modest asset base mean bid-ask spreads matter more here than in the giant EM index funds.
  • Cash distributions arrive once or twice a year at most; the stated goal is long-term capital appreciation, not income.

EMKT Holdings

Holdings pillarC42 out of 100Rank 20 of 25 in Emerging Markets Active Equity
Asset class
Stocks
Holdings
74
Top-10 weight
45%
Largest holding
2330.TW8.8%

Sectors

  • Technology34.8%
  • Financials19.7%
  • Consumer Discretionary11.8%
  • Industrials10.3%
  • Communication6.5%
  • Materials5.5%
  • Energy4.7%
  • Real Estate3.3%
  • Health Care2.4%
  • Consumer Staples1.0%

Geography

  • Taiwan25.62%
  • China22.36%
  • India14.14%
  • South Korea12.35%
  • Brazil5.37%
  • South Africa4.34%
  • Mexico3.59%
  • Greece3.45%
  • Other countries (7)8.79%

Developed 5% · Emerging 95% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 5.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
12330.TWTaiwan Semiconductor Manufac8.82%220,000$14.4M177
2SMSN.LSamsung Electr Gdr Reg’s Gdr7.93%3,592$12.9M18
3TSMTaiwan Semiconductor Sp Adr7.53%32,650$12.3M286
40700.HKTencent Holdings Ltd4.11%124,892$6.69M154
5No dataSk Hynix Inc Gds Gdr3.64%6,912$5.93M2
69988.HKAlibaba Group Holding Ltd3.26%396,600$5.31M126
73968.HKChina Merchants Bank H2.99%705,500$4.87M101
82454.TWMediatek Inc2.61%41,000$4.25M172
9No dataYuan Renminbi Offshore2.21%24,000,879$3.6M8
10AAL.LAnglo American PLC2.17%71,346$3.53M128
11300750.SZContemporary Amperex Techn A1.96%83,600$3.19M108
12HDBHdfc Bank Ltd Adr1.86%120,253$3.02M38
13No dataLazard Govt Mny Mmkt Ins Lzixx1.85%3,005,288$3.01M6
14IBNIcici Bank Ltd Spon Adr1.71%82,328$2.79M52
15SHGShinhan Financial Group Adr1.67%42,735$2.71M24

Showing 1–15 of 74 holdings

EMKT Performance

Launched Oct 31, 2013

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.
EMKT$11,685
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. EMKT $11,685. SPY $11,339. Use the arrow keys to read each point.$10,000$11,000$12,000$13,000Nov 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 EMKT. Periods over one year show the average yearly return.
PeriodEMKT
Year to date+15.6%
1 month−7.5%
3 months−7.1%
1 year+16.9%
3 yearsHistory unavailableper yearNo data
5 yearsHistory unavailableper yearNo data
10 yearsHistory unavailableper 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 EMKT
YearReturn barEMKT
2026 YTD+15.6%
2025−1.3%

History from Oct 27, 2025

EMKT in the news

EMKT Dividends

Last payment
$0.14 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2026

One bar per payment. 1 payment in 2026 YTD. Jun 18, 2026 $0.14. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Jun 18, 2026Jun 22, 2026$0.14

$10,000 in EMKT 1 year ago paid $55.25 in dividends.

EMKT Risk

Risk pillarB62 out of 100Rank 4 of 27 in Emerging Markets Active Equity
How much the fund’s monthly returns vary, scaled to a year.
24.9%
Annualised · 12 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.
0.44
vs 3-month T-bills · 12 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.
−16.9%
12 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.
1.09
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.

EMKT Cost

Compare EMKT and AVEM

Overpaying vs AVEM, tied cheapest in Emerging Markets Active Equity

$7,570

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

  • EMKT 0.74%

    $14,307

  • AVEM 0.33% Tied cheapest

    $6,737

$10,000
30 years

Cost over time

  • EMKT 0.74%
  • 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$15K051015202530EMKT $14,307AVEM $6,737

Year by year

YearEMKTAVEMOverpaying
10$1,319$598$721
20$5,015$2,318$2,697
30$14,307$6,737$7,570

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