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EMM vs TEMX

Global X Emerging Markets ex-China ETF

EMMCNYSE Arca

Touchstone Capital Emerging Markets Ex China Growth ETF

TEMXDCboe

Overlap

34.2%by weight

Expense ratio

EMM −0.14pt a year

EMM0.66%TEMX0.80%

Avg volume · 30D

EMM 17.0×the volume

EMM6.78KTEMX398

EMM vs TEMX Performance

Oct 31, 2025 – Oct 30, 2026

+21.0%EMM+9.6%TEMX

Oct 31, 2025 to Oct 30, 2026. EMM +21.0%. TEMX +9.6%. Use the arrow keys to read each point.0%30%40%Oct 2025Apr 2026Oct 2026
Expense ratio
EMM 0.66%, better
TEMX 0.80%
Fund size
EMM $54M
TEMX $13M
1Y total return
EMM +21.0%, better
TEMX +9.6%
Yield (12M)
EMM 0.82%
TEMX No data
Holdings
EMM 48
TEMX 40
Avg volume (30D)
EMM 6.78K sh, better
TEMX 398 sh
NAV per share
EMM $40.48
TEMX $33.16
52W range

ETF.net Grade

EMM: Cost 68, Risk 43, Mission 100, Tradability 45, Holdings 26, Durability 77. TEMX: Cost 37, Risk 44, Mission not scored, Tradability 10, Holdings 34, Durability 24.
Pillar letters and Scores for EMM, TEMX, with each pillar’s weight
PillarEMMTEMX
Cost30% weightB68HigherD37
Mission25% weightA100Not scored
Risk15% weightC43C44Higher
Tradability15% weightC45HigherF10
Holdings10% weightD26D34Higher
Durability5% weightA77HigherF24

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 TEMX 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 ›

EMM ranks 3rd and TEMX 9th 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
  5. Rank 8DMEMSMatthews Emerging Markets Discovery Active ETF MEMSScore 34
  6. Rank 9DTEMXTouchstone Capital Emerging Markets Ex China Growth ETFScore 31

Our read on each fund

ETF.net Research

EMMCGlobal X Emerging Markets ex-China ETF

TEMXDTouchstone Capital Emerging Markets Ex China Growth 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.

TEMX 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.

TEMX 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.

TEMX 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.

TEMX No data

Full EMM profile⁠

Full TEMX profile⁠

EMM vs TEMX Holdings

As of

How EMM and TEMX differ

Overlap by weight

34.2%

Shared holdings make up 49.0% of TEMX and 42.0% of EMM.

Level by level

  • Holdings11 in both34.2%
  • Sector11 Sectors78.1%
  • Countryby domicile86.8%
  • Asset classEquity100%

Sector

Sector weights in EMM and TEMX, widest gap first
SectorMore in EMMMore in TEMX
Consumer DiscretionaryTEMX +9.2 points
TechnologyTEMX +9.3 points
FinancialsEMM +7.9 points
EnergyEMM +4.5 points
MaterialsEMM +3.6 points
IndustrialsEMM +2.8 points
Health CareTEMX +2.6 points
Consumer StaplesEMM +1.6 points
UtilitiesEMM +1.2 points
CommunicationTEMX +0.9 points
Real EstateEMM +0.2 points

Country, concentration and asset class

Country by domicile

Country weights in EMM and TEMX, widest gap first
CountryMore in EMMMore in TEMX
TaiwanEMM +4.8 points
BrazilTEMX +4.4 points
South KoreaTEMX +3.2 points
South AfricaEMM +3.2 points
SingaporeTEMX +2.2 points
MexicoEMM +1.7 points
MalaysiaTEMX +1.5 points
IndiaTEMX +1.2 points
Other countries (6)EMM +2.7 points

Outside the US: EMM 2% developed, 98% emerging. TEMX 4% developed, 96% emerging.

Concentration

Weight in the 10 largest Holdings

  • EMM66.2%
  • TEMX53.0%

Securities held

  • EMM44
  • TEMX37

Asset class

EMM
Equity
TEMX
Equity

Holdings

  • Only in EMM33
  • In both11
  • Only in TEMX26

Only in EMM

33 securities, 56.6% of EMM by weight

  • Global X India Active Etf16.22%
  • Global X Brazil Active Etf7.50%
  • Samsung C&T Corp2.78%

Only in TEMX

26 securities, 47.7% of TEMX by weight

  • Bajaj Finance Ltd3.45%
  • Kaspi.kz Jsc3.30%
  • Bharti Airtel Ltd3.17%

Weight gaps

All 11 Holdings in both funds, largest gap first.

Holding weights in EMM and TEMX, widest gap first
HoldingMore in EMMMore in TEMX
Samsung Electronics Co LtdTEMX +6.53 points
Taiwan Semiconductor ManufacEMM +5.37 points
Mercadolibre IncMELITEMX +2.18 points
Taiwan Semiconductor-Sp AdrTSMTEMX +2.04 points
Mediatek IncEMM +1.84 points
Samsung Electro-Mechanics CoTEMX +1.69 points
Sk Hynix IncTEMX +1.14 points
Sk Square Co LtdTEMX +1.07 points

All 43 EMM holdings⁠All 48 TEMX holdings⁠

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 TEMX Cost

Overpaying TEMX vs EMM

$2,450

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

  • EMM 0.66%

    $12,896

  • TEMX 0.80%

    $15,346

$10,000
30 years

Cost over time

  • EMM 0.66%
  • TEMX 0.80%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530TEMX $15,346EMM $12,896

Year by year

YearEMMTEMXOverpaying
10$1,180$1,422$242
20$4,504$5,393$889
30$12,896$15,346$2,450

Expense ratio

  • 0.66%EMM, cheaper
  • 0.80%TEMX
  • Middle half of Emerging Markets Active Growth funds
  • Median 0.79%

EMM 3rd cheapest of 9 funds

TEMX 6th cheapest of 9 funds

EMM vs TEMX Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
EMM 0.82%
TEMX No data
Payout (12M)
EMM $0.33
TEMX No data
Last payment
EMM $0.12
TEMX $0.32
Ex-dividend
EMM Jun 29, 2026
TEMX Dec 30, 2025
Paid on
EMM Jul 7, 2026
TEMX No data
Frequency
EMM Twice a year
TEMX Irregular

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$0.2520232026YTD
TEMXIrregular · 1 paymentAll TEMX payments⁠
One bar per payment. 1 payment from 2023 to 2026 YTD. Dec 30, 2025 $0.32. Use the arrow keys to read each point.$0$0.2520232026YTD

EMM vs TEMX 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%TEMX 23.3%since Mar 2025
Return per unit of riskSharpe ratio, 3 years
EMM 0.81TEMX 0.78since Mar 2025
Worst fallMax drawdown, 5 years
EMM −22.0%since May 2023TEMX −18.2%since Feb 2025
Market sensitivityBeta, 5 years
EMM 1.18TEMX 1.14

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