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PEMX vs TEMX

Putnam Emerging Markets Ex-China ETF

PEMXCNYSE Arca

Touchstone Capital Emerging Markets Ex China Growth ETF

TEMXDCboe

Overlap

Expense ratio

PEMX −0.10pt a year

PEMX0.70%TEMX0.80%

Avg volume · 30D

PEMX 3.6×the volume

PEMX1.41KTEMX398

PEMX vs TEMX Performance

Oct 31, 2025 – Oct 30, 2026

+23.2%PEMX+9.6%TEMX

Oct 31, 2025 to Oct 30, 2026. PEMX +23.2%. TEMX +9.6%. Use the arrow keys to read each point.0%30%40%50%Oct 2025Apr 2026Oct 2026
Expense ratio
PEMX 0.70%, better
TEMX 0.80%
Fund size
PEMX $30M
TEMX $13M
1Y total return
PEMX +23.2%, better
TEMX +9.6%
Yield (12M)
PEMX 5.83%
TEMX No data
Holdings
PEMX 55
TEMX 40
Avg volume (30D)
PEMX 1.41K sh, better
TEMX 398 sh
NAV per share
PEMX $78.33
TEMX $33.16
52W range

ETF.net Grade

PEMX: Cost 58, Risk 52, Mission 100, Tradability 19, Holdings 43, Durability 63. TEMX: Cost 37, Risk 44, Mission not scored, Tradability 10, Holdings 34, Durability 24.
Pillar letters and Scores for PEMX, TEMX, with each pillar’s weight
PillarPEMXTEMX
Cost30% weightB58HigherD37
Mission25% weightA100Not scored
Risk15% weightC52HigherC44
Tradability15% weightF19HigherF10
Holdings10% weightC43HigherD34
Durability5% weightB63HigherF24

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. PEMX 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 ›

PEMX ranks 4th 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 5CBCEMBaron Emerging Markets Select ETFScore 41
  6. Rank 8DMEMSMatthews Emerging Markets Discovery Active ETF MEMSScore 34
  7. Rank 9DTEMXTouchstone Capital Emerging Markets Ex China Growth ETFScore 31

Our read on each fund

ETF.net Research

PEMXCPutnam Emerging Markets Ex-China ETF

TEMXDTouchstone Capital Emerging Markets Ex China Growth ETF

In short

PEMX China swamps most emerging-market funds. PEMX cuts it out entirely and runs an active, roughly 60-stock book across the rest of the developing world, priced well below the typical active EM manager.

TEMX No data

Stated mandate

PEMX The fund seeks long-term capital appreciation. It invests primarily in emerging-market common stocks outside China and Hong Kong, using active fundamental research to identify companies with favorable investment potential.

TEMX No data

Why people hold it

  • PEMX 0.70% a year against a 0.95% median for its active peer group. Cheap freight for a stock-picking mandate.
  • About 60 names, not 600. Concentrated enough that the managers' calls actually show up in the portfolio.
  • Does what the label says: an ex-China portfolio measured against the MSCI Emerging Markets ex-China Index, with no China drift in the holdings.franklintempleton.com
  • Trading since 2023 under Franklin Templeton, and it sits in the upper half of the small group of active EM ex-China funds we track.

TEMX No data

Worth knowing

  • PEMX Not the cheapest door into ex-China: Global X's EMM charges 0.66%.
  • Small and thinly traded. Spreads can widen, so limit orders do the heavy lifting.
  • Zero China by design, so results diverge from a broad EM fund and any China sleeve has to come from somewhere else.franklintempleton.com

TEMX No data

Full PEMX profile⁠

Full TEMX profile⁠

PEMX vs 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.

PEMX vs TEMX Cost

Overpaying TEMX vs PEMX

$1,740

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

  • PEMX 0.70%

    $13,606

  • TEMX 0.80%

    $15,346

$10,000
30 years

Cost over time

  • PEMX 0.70%
  • 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 $15,346PEMX $13,606

Year by year

YearPEMXTEMXOverpaying
10$1,250$1,422$172
20$4,760$5,393$633
30$13,606$15,346$1,740

Expense ratio

  • 0.70%PEMX, cheaper
  • 0.80%TEMX
  • Middle half of Emerging Markets Active Growth funds
  • Median 0.79%

PEMX 4th cheapest of 9 funds

TEMX 6th cheapest of 9 funds

PEMX vs TEMX Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
PEMX 5.83%
TEMX No data
Payout (12M)
PEMX $4.50
TEMX No data
Last payment
PEMX $4.50
TEMX $0.32
Ex-dividend
PEMX Dec 19, 2025
TEMX Dec 30, 2025
Paid on
PEMX Dec 23, 2025
TEMX No data
Frequency
PEMX Annual
TEMX Irregular

Distribution history

Per share, 2023 to 2026, same scale for both

PEMXAnnual · 3 paymentsAll PEMX payments⁠
One bar per payment. 3 payments from 2023 to 2026 YTD. Dec 26, 2023 $0.33; Dec 27, 2024 $2.57; Dec 19, 2025 $4.50. Use the arrow keys to read each point.$0$520232026YTD
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$520232026YTD

PEMX vs TEMX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
PEMX 19.8%TEMX 23.3%since Mar 2025
Return per unit of riskSharpe ratio, 3 years
PEMX 1.21TEMX 0.78since Mar 2025
Worst fallMax drawdown, 5 years
PEMX −19.0%since May 2023TEMX −18.2%since Feb 2025
Market sensitivityBeta, 5 years
PEMX 1.18TEMX 1.14

Popular comparisons

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