Macquarie Focused Emerging Markets Equity ETF (EMEQ) Performance
EMEQ total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +45.6% since Dec 31, 2025
- 1 year
- +57.3% total return
- Since first price
- +146.6% since 2024
EMEQ trailing returns vs SPY, QQQ, AGG
| Period | EMEQ total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −12.8% | −12.8% | −1.0% | −5.0% | +0.9% |
| 3 months | −9.1% | −9.1% | +3.2% | +1.9% | −0.4% |
| 6 months | +10.3% | +10.3% | +7.8% | +8.4% | −1.5% |
| YTD | +45.6% | +45.6% | +12.3% | +15.1% | −1.0% |
| 1 year | +57.3% | +52.9% | +14.4% | +15.9% | −1.1% |
| Since inceptionSep 5, 2024 | +146.6% | +135.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: EMEQ vs SPY
From Sep 5, 2024: EMEQ grew to $24,660, SPY to $14,190.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
EMEQ returns by calendar year
1 of 1 full years positive. Best 2025 (+69.8%), worst 2025 (+69.8%). 2026 is year to date.
EMEQ annual returns table
| Year | EMEQ | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +45.6% | −26.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +69.8% | −18.5% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
EMEQ largest drawdowns
Now 25.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 22, 2026 | −26.3% | Oct 22, 2026 | not yet | 4 months | 4 months so far |
| Sep 26, 2024 | −19.2% | Apr 8, 2025 | May 13, 2025 | 6 months | 8 months |
| Feb 25, 2026 | −17.9% | Mar 30, 2026 | Apr 17, 2026 | 33 days | 51 days |
| Jun 2, 2026 | −14.3% | Jun 5, 2026 | Jun 18, 2026 | 3 days | 16 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
EMEQ risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +59.7% |
| Volatility (annualized) | 33.3% |
| Sharpe ratio | 1.47 |
| Sortino ratio | 3.17 |
| Best month | +24.4% |
| Worst month | −15.2% |
| Best 12 months | +155.7% |
| Worst 12 months | +34.2% |
| Positive months | 67% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
EMEQ rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 14 | +34.2% | +91.6% | +155.7% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
EMEQ performance overview
Macquarie Focused Emerging Markets Equity ETF (EMEQ) returned +57.3% over the past year, with distributions reinvested. Since its first recorded price on Sep 5, 2024 it has returned +146.6%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −26.3%, from Jun 22, 2026 to Oct 22, 2026; the fund has not yet regained that high. Volatility has been 33.3% a year.
Related: EMEQ chart, EMEQ holdings, EMEQ dividends. See the EMEQ overview for the latest quote and fund facts.
EMEQ performance FAQ
What is the EMEQ return over the past year?
EMEQ returned +57.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 52.9%.
How much would $10,000 invested in EMEQ be worth?
$10,000 invested in EMEQ at its first recorded close on September 5, 2024 would be worth about $24,660 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of EMEQ?
The largest peak-to-trough decline was −26.3% between June 22, 2026 and October 22, 2026. It has not yet recovered to that high; it is 25.1% below its peak.
How volatile is EMEQ?
Over the past history EMEQ had an annualized volatility of 33.3% and a Sharpe ratio of 1.47 (excess return over 1–3 month T-bills per unit of risk).