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EMEQ vs JEMA

Nomura Focused Emerging Markets Equity ETF

EMEQDNasdaq

JPMorgan ActiveBuilders Emerging Markets Equity ETF

JEMAANasdaq

Overlap

Expense ratio

JEMA −0.52pt a year

EMEQ0.85%JEMA0.33%

Avg volume · 30D

JEMA 1.2×the volume

EMEQ123KJEMA148K

EMEQ vs JEMA Performance

Nov 7, 2025 – Nov 9, 2026

+50.6%EMEQ+18.1%JEMA

Nov 7, 2025 to Nov 9, 2026. EMEQ +50.6%. JEMA +18.1%. Use the arrow keys to read each point.0%80%100%Nov 2025May 2026Nov 2026
Expense ratio
EMEQ 0.85%
JEMA 0.33%, better
Fund size
EMEQ $555M
JEMA $1.59B
1Y total return
EMEQ +50.6%, better
JEMA +18.1%
Yield (12M)
EMEQ 1.94%
JEMA 2.54%, better
Holdings
EMEQ 66
JEMA 485
Avg volume (30D)
EMEQ 123K sh
JEMA 148K sh, better
NAV per share
EMEQ $54.91
JEMA $54.58
52W range

ETF.net Grade

EMEQ: Cost 2, Risk 36, Mission not scored, Tradability 56, Holdings 28, Durability 59. JEMA: Cost 94, Risk 47, Mission not scored, Tradability 80, Holdings not scored, Durability 89.
Pillar letters and Scores for EMEQ, JEMA, with each pillar’s weight
PillarEMEQJEMA
Cost30% weightF2A94Higher
Mission25% weightNot scoredNot scored
Risk15% weightD36C47Higher
Tradability15% weightB56A80Higher
Holdings10% weightD28Not scored
Durability5% weightB59A89Higher

Rank among Emerging Markets Active Equity funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. EMEQ and JEMA are both graded against the same 27 Emerging Markets Active Equity funds, so their Grades compare head to head.

Emerging Markets Active Equity⁠

Category · 27 funds
See all 27 ›

JEMA ranks 4th and EMEQ 24th of 27 funds in the Emerging Markets Active Equity Category.

  1. Rank 1AAVEMAvantis Emerging Markets Equity ETFScore 86
  2. Rank 2AAVSEAvantis Responsible Emerging Markets Equity ETFScore 80
  3. Rank 2AAVXCAvantis Emerging Markets ex-China Equity ETFScore 80
  4. Rank 4AJEMAJPMorgan ActiveBuilders Emerging Markets Equity ETFScore 79
  5. Rank 5ADFEMDimensional Emerging Markets Core Equity 2 ETFScore 78
  6. Rank 23DMEMXMatthews Emerging Markets ex China Active ETF MEMXScore 29
  7. Rank 24DEMEQNomura Focused Emerging Markets Equity ETFScore 26
  8. Rank 25FMEMMatthews Emerging Markets Equity Active ETFScore 24

Our read on each fund

ETF.net Research

EMEQDNomura Focused Emerging Markets Equity ETF

JEMAAJPMorgan ActiveBuilders Emerging Markets Equity ETF

In short

EMEQ Emerging 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.

JEMA Active emerging-markets management priced like an index fund: J.P. Morgan blends its own country, region and style EM strategies into one roughly 500-stock portfolio built to keep the MSCI EM index's sector and country risk shape.

Stated mandate

EMEQ The Fund seeks long-term capital appreciation.

JEMA Seeks long-term capital appreciation through a portfolio of emerging-market equities.

Why people hold it

  • EMEQ 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.
  • JEMA 0.33% a year, about half the 0.65% median for active EM funds and level with the cheapest names in the group (AVEM, AVXC, AVSE).
  • Not one manager's hunch: the portfolio stitches together a range of J.P. Morgan's actively managed EM strategies across countries, regions and styles.sec.gov
  • Active tilts, benchmark shape. It overweights and underweights countries and sectors versus the MSCI EM index while aiming to hold similar sector and geographic risk.sec.gov
  • A multi-billion-dollar fund that stands among the strongest implementations in the active EM group on cost and structure.

Worth knowing

  • EMEQ 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.
  • JEMA Active means results ride on the adviser's calls, and the fund has only been trading since 2021, a short record for an EM strategy.sec.gov
  • Full-market EM exposure runs hot: volatility screens as the softer part of the picture next to peers, the trade-off for staying in the whole asset class.
  • Moderately traded rather than a tape giant, and cash comes back once or twice a year, not monthly.

Full EMEQ profile⁠

Full JEMA profile⁠

EMEQ vs JEMA Holdings

As of
How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

EMEQ vs JEMA Cost

Overpaying EMEQ vs JEMA

$9,462

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

  • EMEQ 0.85%

    $16,199

  • JEMA 0.33%

    $6,737

$10,000
30 years

Cost over time

  • EMEQ 0.85%
  • JEMA 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 $16,199JEMA $6,737

Year by year

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

Expense ratio

  • 0.85%EMEQ
  • 0.33%JEMA, cheaper
  • Middle half of Emerging Markets Active Equity funds
  • Median 0.65%

JEMA cheapest of 27 funds

EMEQ 26th cheapest of 27 funds

EMEQ vs JEMA Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
EMEQ 1.94%
JEMA 2.54%, better
Payout (12M)
EMEQ $1.11
JEMA $1.43
Last payment
EMEQ $1.11
JEMA $1.43
Ex-dividend
EMEQ Dec 24, 2025
JEMA Dec 16, 2025
Paid on
EMEQ Dec 31, 2025
JEMA Dec 18, 2025
Frequency
EMEQ Annual
JEMA Annual

Distribution history

Per share, 2021 to 2026, same scale for both

EMEQAnnual · 2 paymentsAll EMEQ payments⁠
One bar per payment. 2 payments from 2021 to 2026 YTD. Dec 23, 2024 $0.20; Dec 24, 2025 $1.11. Use the arrow keys to read each point.$0$120232026YTD
JEMAAnnual · 7 paymentsAll JEMA payments⁠
One bar per payment. 7 payments from 2021 to 2026 YTD. Dec 15, 2021 $0.09; Dec 21, 2021 $0.57; Dec 30, 2021 $0.06; Dec 20, 2022 $0.91; Dec 19, 2023 $1.07; Dec 24, 2024 $0.91; Dec 16, 2025 $1.43. Use the arrow keys to read each point.$0$120232026YTD

EMEQ vs JEMA Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
EMEQ 34.5%since Oct 2024JEMA 16.7%
Return per unit of riskSharpe ratio, 3 years
EMEQ 1.18since Oct 2024JEMA 1.03
Worst fallMax drawdown, 5 years
EMEQ −31.1%since Sep 2024JEMA −36.5%
Market sensitivityBeta, 5 years
EMEQ 1.72JEMA 1.08

EMEQ and JEMA in the news

All news⁠

Popular comparisons

  • EMEQDvsAVEMA

    Nomura Focused Emerging Markets Equity ETF · Avantis Emerging Markets Equity ETF

    Expense ratio
    0.85% · 0.33%
    Category
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  • JEMAAvsAVEMA

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    Expense ratio
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    Category
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  • JEMAAvsAVSEA

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    Expense ratio
    0.33% · 0.33%
    Category
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  • EMEQDvsAVXCA

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    Expense ratio
    0.85% · 0.33%
    Category
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  • JEMAAvsAVXCA

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    Expense ratio
    0.33% · 0.33%
    Category
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