Performance analysis of EMM (GLOBAL X EMERGING MARKETS EX-CHINA ETF)
Annual Return
Over the past 3 years, EMM has had an average annual return of +23.19%, outperforming the benchmark SPY, which returned +22.77% annual.
Since May 15, 2023, EMM has had an average annual return of +22.41%, underperforming the benchmark SPY, which returned +23.64% annual.
| 2026 | 2025 | 2024 | 2023 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +34.53% | +30.20% | +2.35% | +3.39% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +7.14% | +8.16% | -10.86% | +17.13% | +8.04% | +2.91% | +34.53% | ||||||
| 2025 | +0.92% | -5.69% | +0.10% | +3.55% | +6.66% | +8.77% | -0.97% | -0.08% | +5.08% | +5.73% | -0.89% | +4.43% | +30.20% |
| 2024 | -3.27% | +4.88% | +3.16% | -2.86% | +1.19% | +6.31% | -0.42% | -0.36% | +0.13% | -2.24% | -1.37% | -2.31% | +2.35% |
| 2023 | -4.18% | +4.22% | +6.56% | -5.95% | -4.13% | -3.88% | +6.38% | +5.38% | +3.39% |
Drawdown analysis of EMM (GLOBAL X EMERGING MARKETS EX-CHINA ETF)
The maximum drawdown for the EMM was -21.98%, occurring on Apr 8, 2025. Recovery took 52 trading sessions.
Since May 15, 2023 EMM has experienced the following drawdowns:
- 20% or more: 1 time
- 10% or more: 3 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -21.98% | Jul 10, 2024 | 187 | Apr 8, 2025 | 52 | Jun 24, 2025 | 239 |
| -14.75% | Feb 25, 2026 | 23 | Mar 30, 2026 | 13 | Apr 17, 2026 | 36 |
| -13.61% | Jul 31, 2023 | 62 | Oct 26, 2023 | 86 | Mar 1, 2024 | 148 |
| -6.83% | May 8, 2026 | 7 | May 19, 2026 | 4 | May 26, 2026 | 11 |
| -6.53% | Apr 8, 2024 | 9 | Apr 19, 2024 | 37 | Jun 12, 2024 | 46 |
| -5.10% | Jun 15, 2023 | 13 | Jul 6, 2023 | 5 | Jul 13, 2023 | 18 |
| -5.09% | Nov 3, 2025 | 13 | Nov 20, 2025 | 13 | Dec 10, 2025 | 26 |
| -4.18% | May 15, 2023 | 11 | May 31, 2023 | 4 | Jun 6, 2023 | 15 |
| -4.17% | Dec 10, 2025 | 5 | Dec 17, 2025 | 6 | Dec 26, 2025 | 11 |
| -3.51% | Oct 8, 2025 | 2 | Oct 10, 2025 | 4 | Oct 16, 2025 | 6 |
| -2.50% | Jul 3, 2025 | 41 | Sep 2, 2025 | 5 | Sep 9, 2025 | 46 |
| -2.37% | Mar 12, 2024 | 5 | Mar 19, 2024 | 7 | Mar 28, 2024 | 12 |
| -2.35% | Jul 13, 2023 | 6 | Jul 21, 2023 | 3 | Jul 26, 2023 | 9 |
| -2.34% | Feb 3, 2026 | 2 | Feb 5, 2026 | 1 | Feb 6, 2026 | 3 |
| -2.26% | Jan 15, 2026 | 2 | Jan 20, 2026 | 2 | Jan 22, 2026 | 4 |
| -1.94% | Apr 22, 2026 | 1 | Apr 23, 2026 | 1 | Apr 24, 2026 | 2 |
| -1.90% | Sep 23, 2025 | 3 | Sep 26, 2025 | 6 | Oct 6, 2025 | 9 |
| -1.85% | Apr 17, 2026 | 2 | Apr 21, 2026 | 1 | Apr 22, 2026 | 3 |
| -1.85% | May 6, 2026 | 1 | May 7, 2026 | 1 | May 8, 2026 | 2 |
| -1.80% | Jan 28, 2026 | 2 | Jan 30, 2026 | 2 | Feb 3, 2026 | 4 |
| -1.48% | Apr 24, 2026 | 3 | Apr 29, 2026 | 1 | Apr 30, 2026 | 4 |
| -1.28% | Jun 20, 2024 | 2 | Jun 24, 2024 | 7 | Jul 3, 2024 | 9 |
| -1.26% | Jun 6, 2023 | 1 | Jun 7, 2023 | 1 | Jun 8, 2023 | 2 |
| -1.23% | Feb 11, 2026 | 5 | Feb 19, 2026 | 1 | Feb 20, 2026 | 6 |
| -1.22% | Jan 6, 2026 | 2 | Jan 8, 2026 | 2 | Jan 12, 2026 | 4 |