EMC vs RAYE
Global X Emerging Markets Great Consumer ETF vs Rayliant Quantamental Emerging Market ex-China Equity ETF
Which is better, EMC or RAYE?
RAYE has been ahead.
EMC has a lower expense ratio. RAYE led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | EMC | RAYE |
|---|---|---|
| Expense Ratio | 0.65%Best | 0.88% |
| AUM | $56M | $37M |
| Dividend Yield | 0.56% | 2.93% |
| Holdings | 80 | 119 |
| Volatility (annualized) | 12.0%Best | 14.2% |
| Max Drawdown | -18.4%Best | -25.2% |
| $10,000 over 2.6 years | $12,363 | $14,597Best |
| Fund Family | Global X by mirae Asset | The Advisors Inner Circle Fund |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 24, 2010 | Dec 15, 2021 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 299 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. EMC has data through Oct 14, 2026 and RAYE through Dec 19, 2025.
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: May 15, 2023 to Dec 19, 2025 (2.6 years).
Risk: Volatility and Drawdowns
RAYE has been the more volatile fund, with annualized monthly volatility of 14.2% compared with 12.0% for EMC. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -18.4% for EMC and -25.2% for RAYE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EMC charges 0.65% per year while RAYE charges 0.88%. On a $10,000 position that is $65 vs $88 annually, a gap of $23 per year that compounds over a long holding period. On income, EMC currently yields 0.56% against 2.93% for RAYE.
Holdings Overlap
At least 21.7% of RAYE's money is in holdings EMC also owns.
Stated as a floor: for EMC, our book for it covers 85.1% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
RAYE and EMC share little of their money.
The two holdings books were reported 399 days apart, EMC as of Oct 2, 2026 and RAYE as of Aug 29, 2025, so some of the difference between them is the time between the two reports rather than the funds.
5 positions in common, counted across the 67 positions we hold weights for in EMC and 98 in RAYE, against full books of 80 and 119.
Top Shared Holdings
| Stock | Weight in EMC | Weight in RAYE | Difference |
|---|---|---|---|
| 2330:TWTaiwan Semiconductor Manufacturing Co Ltd | 2.20% | 16.53% | 14.33% |
| 000660:KRSk Hynix Inc Common Stock KRW 5000 | 4.29% | 2.16% | 2.13% |
| 2317:TWHon Hai Precision Industry Co Ltd Ord Twd10 | 2.02% | 1.98% | 0.04% |
| 532454:MBBharti Airtel Ltd | 1.18% | 0.71% | 0.47% |
| EICHERMOT:MBEicher Motors Ltd | 1.07% | 0.30% | 0.77% |
21.7% of RAYE is already inside EMC.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EMC or RAYE?
EMC has an expense ratio of 0.65% while RAYE charges 0.88%. EMC is the cheaper option, by $23 a year on a $10,000 investment.
Which is riskier, EMC or RAYE?
RAYE has been the more volatile fund at 14.2% annualized versus 12.0% for EMC. Worst drawdown: EMC -18.4% vs RAYE -25.2%.
Should I hold both EMC and RAYE?
EMC and RAYE have a monthly-return correlation of 0.83, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between EMC and RAYE?
At least 21.7% of RAYE's money is in holdings EMC also owns. Our book for EMC is partial, so the real figure is this or higher. They hold 5 positions in common, counted across the 67 positions we hold weights for in EMC and 98 in RAYE.
Which pays a higher dividend, EMC or RAYE?
EMC yields 0.56% while RAYE yields 2.93%, so RAYE currently pays the higher dividend yield.
Is RAYE better than EMC?
EMC has a lower expense ratio. RAYE led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.