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EMM vs FFEM

Global X Emerging Markets ex-China ETF

EMMCNYSE Arca

Fidelity Fundamental Emerging Markets ETF

FFEMACboe

Overlap

Expense ratio

FFEM −0.06pt a year

EMM0.66%FFEM0.60%

Avg volume · 30D

FFEM 2.1×the volume

EMM6.78KFFEM14.2K

EMM vs FFEM Performance

Oct 31, 2025 – Oct 30, 2026

+21.0%EMM+15.5%FFEM

Oct 31, 2025 to Oct 30, 2026. EMM +21.0%. FFEM +15.5%. Use the arrow keys to read each point.0%10%30%40%Oct 2025Apr 2026Oct 2026
Expense ratio
EMM 0.66%
FFEM 0.60%, better
Fund size
EMM $54M
FFEM $67M
1Y total return
EMM +21.0%, better
FFEM +15.5%
Yield (12M)
EMM 0.82%
FFEM 1.71%, better
Holdings
EMM 48
FFEM 120
Avg volume (30D)
EMM 6.78K sh
FFEM 14.2K sh, better
NAV per share
EMM $40.48
FFEM $38.12
52W range

ETF.net Grade

EMM: Cost 68, Risk 43, Mission 100, Tradability 45, Holdings 26, Durability 77. FFEM: Cost 88, Risk 54, Mission not scored, Tradability 76, Holdings 63, Durability 68.
Pillar letters and Scores for EMM, FFEM, with each pillar’s weight
PillarEMMFFEM
Cost30% weightB68A88Higher
Mission25% weightA100Not scored
Risk15% weightC43C54Higher
Tradability15% weightC45A76Higher
Holdings10% weightD26B63Higher
Durability5% weightA77HigherB68

Rank among Emerging Markets Active Growth funds

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

Same Category. EMM and FFEM are both graded against the same 9 Emerging Markets Active Growth funds, so their Grades compare head to head.

Emerging Markets Active Growth⁠

Category · 9 funds
See all 9 ›

FFEM ranks 2nd and EMM 3rd of 9 funds in the Emerging Markets Active Growth Category.

  1. Rank 1ACGNGCapital Group New Geography Equity ETFScore 77
  2. Rank 2AFFEMFidelity Fundamental Emerging Markets ETFScore 74
  3. Rank 3CEMMGlobal X Emerging Markets ex-China ETFScore 53
  4. Rank 4CPEMXPutnam Emerging Markets Ex-China ETFScore 47

Our read on each fund

ETF.net Research

EMMCGlobal X Emerging Markets ex-China ETF

FFEMAFidelity Fundamental Emerging Markets ETF

In short

EMM Emerging markets with China cut out and no index to hide behind. Global X hands part of the stock picking to Mirae Asset's Hong Kong team, which runs a roughly 40-name book of would-be market leaders at a price below the active ex-China competition.

FFEM No data

Stated mandate

EMM The fund seeks long-term capital growth by actively selecting emerging-market companies outside China that may achieve or maintain dominant positions in their markets, with emphasis on early winners in growing industries.

FFEM No data

Why people hold it

  • EMM 0.66% expense ratio undercuts the active ex-China field, including PEMX at 0.70% and WCME at 0.95%.
  • Part of the stock picking sits with Mirae Asset Global Investments (Hong Kong), an Asia-based sub-adviser hunting early winners in growing industries.globalxetfs.com
  • Portfolio matches the label: roughly 40 emerging-market names, China excluded, picked for dominant positions in their markets rather than index weight.globalxetfs.com
  • Trading since 2010, with a real record behind it, and one of the stronger implementations among active ex-China peers.

FFEM No data

Worth knowing

  • EMM A smaller fund that trades lightly. Wider spreads come with the territory, and order type matters more here than in a giant EM index fund.
  • Roughly 40 active picks means results can drift well away from broad EM benchmarks, in either direction, and single names carry real weight.
  • Built for growth, not income: distributions land once or twice a year, and China's market is off the menu by design.

FFEM No data

Full EMM profile⁠

Full FFEM profile⁠

EMM vs FFEM 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.

EMM vs FFEM Cost

Overpaying EMM vs FFEM

$1,079

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

  • EMM 0.66%

    $12,896

  • FFEM 0.60%

    $11,817

$10,000
30 years

Cost over time

  • EMM 0.66%
  • FFEM 0.60%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530EMM $12,896FFEM $11,817

Year by year

YearEMMFFEMOverpaying
10$1,180$1,076$104
20$4,504$4,116$388
30$12,896$11,817$1,079

Expense ratio

  • 0.66%EMM
  • 0.60%FFEM, cheaper
  • Middle half of Emerging Markets Active Growth funds
  • Median 0.79%

FFEM cheapest of 9 funds

EMM 3rd cheapest of 9 funds

EMM vs FFEM Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
EMM 0.82%
FFEM 1.71%, better
Payout (12M)
EMM $0.33
FFEM $0.64
Last payment
EMM $0.12
FFEM $0.19
Ex-dividend
EMM Jun 29, 2026
FFEM Sep 18, 2026
Paid on
EMM Jul 7, 2026
FFEM Sep 22, 2026
Frequency
EMM Twice a year
FFEM Quarterly

Distribution history

Per share, 2023 to 2026, same scale for both

EMMTwice a year · 6 paymentsAll EMM payments⁠
One bar per payment. 6 payments from 2023 to 2026 YTD. Dec 28, 2023 $0.17; Jun 27, 2024 $0.08; Dec 30, 2024 $0.13; Jun 27, 2025 $0.11; Dec 30, 2025 $0.20; Jun 29, 2026 $0.12. Use the arrow keys to read each point.$0$0.2020232026YTD
FFEMQuarterly · 8 paymentsAll FFEM payments⁠
One bar per payment. 8 payments from 2023 to 2026 YTD. Dec 20, 2024 $0.04; Mar 21, 2025 $0.07; Jun 20, 2025 $0.17; Sep 19, 2025 $0.09; Dec 19, 2025 $0.20; Mar 20, 2026 $0.09; Jun 18, 2026 $0.17; Sep 18, 2026 $0.19. Use the arrow keys to read each point.$0$0.2020232026YTD

EMM vs FFEM Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
EMM 19.9%FFEM 19.5%since Dec 2024
Return per unit of riskSharpe ratio, 3 years
EMM 0.81FFEM 1.10since Dec 2024
Worst fallMax drawdown, 5 years
EMM −22.0%since May 2023FFEM −16.6%since Nov 2024
Market sensitivityBeta, 5 years
EMM 1.18FFEM 1.02

Popular comparisons

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