EMEM vs CBLS

Comparison between SOPHUS CAPITAL EMERGING MARKET ETF (EMEM, ETF) and CLOUGH HEDGED EQUITY ETF (CBLS, ETF).

5-Year PerformanceCBLS has outperformed EMEM, delivering a return of +4.7% compared to +1.8%

EMEM vs CBLS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EMEM(ETF)	CBLS(ETF)
Net Assets	$56M	$55M
Expense Ratio	0.65%	1.89%
Max Drawdown	28.22%	32.78%
Sharpe Ratio	0.76	0.86
5Y Beta	2.15	0.59
P/E Ratio	N/A	30.89
Forward P/E	N/A	31.11
PEG Ratio	N/A	1.10

Net Assets

Winner

EMEM

$56M

CBLS

$55M

Expense Ratio

Winner

EMEM

0.65%

CBLS

1.89%

Max Drawdown

Winner

EMEM

28.22%

CBLS

32.78%

Sharpe Ratio

EMEM

0.76

Winner

CBLS

0.86

5Y Beta

EMEM

2.15

Winner

CBLS

0.59

P/E Ratio

EMEM

N/A

CBLS

30.89

Forward P/E

EMEM

N/A

CBLS

31.11

PEG Ratio

EMEM

N/A

CBLS

1.10

EMEM vs CBLS - Holdings Comparison

EMEM and CBLS have 2 common holdings. Overlap is -1.71%

EMEM's top 25 holdings weight is 75.43%. CBLS's top 25 holdings weight is 67.31%.

Rank	EMEM	CBLS
#1	n/a (TSM) - 15.91%	BLACKROCK LIQUIDITY T-FUND INSTL (TSTXX) - 4.48%
#2	ISHARES MSCI INDIA ETF (INDA) - 10.83%	n/a (VG) - 3.67%
#3	SAMSUNG ELECTRONICS CO LTD (n/a) - 10.30%	OSCAR HEALTH INC CLASS A (OSCR) - 2.95%
#4	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 6.87%	SLB LTD (SLB) - 2.91%
#5	SK HYNIX INC (n/a) - 4.57%	TRANSOCEAN LTD (RIG) - 2.87%
#6	TENCENT HOLDINGS LTD ADR (TCEHY) - 3.97%	HALLIBURTON CO (HAL) - 2.83%
#7	MEDIATEK INC (n/a) - 2.01%	SELECT WATER SOLUTIONS INC CLASS A (WTTR) - 2.78%
#8	LG CNS CO LTD (n/a) - 1.91%	MARVELL TECHNOLOGY INC (MRVL) - 2.75%
#9	DELTA ELECTRONICS INC (n/a) - 1.68%	KRYSTAL BIOTECH INC (KRYS) - 2.74%
#10	YAGEO CORP (n/a) - 1.42%	LAM RESEARCH CORP (LRCX) - 2.68%
#11	CHINA MERCHANTS BANK CO LTD CLASS H (n/a) - 1.37%	UNITEDHEALTH GROUP INC (UNH) - 2.68%
#12	UNITED MICROELECTRONICS CORP (n/a) - 1.37%	SERVICE CORP INTERNATIONAL (SCI) - 2.64%
#13	PETROLEO BRASILEIRO SA PETROBRAS ADR (PBR) - 1.34%	KINROSS GOLD CORP (n/a) - 2.53%
#14	ITAU UNIBANCO HOLDING SA ADR (ITUB) - 1.33%	TRANSMEDICS GROUP INC (TMDX) - 2.50%
#15	ASE TECHNOLOGY HOLDING CO LTD ADR (ASX) - 1.14%	PHILIP MORRIS INTERNATIONAL INC (PM) - 2.49%
#16	KING YUAN ELECTRONICS CO LTD (n/a) - 1.05%	NEWMONT CORP (NEM) - 2.48%
#17	ALINMA BANK (n/a) - 1.04%	CORNING INC (GLW) - 2.45%
#18	LOTES CO LTD (n/a) - 0.98%	KLA CORP (KLAC) - 2.44%
#19	PDD HOLDINGS INC ADR (PDD) - 0.94%	CREDO TECHNOLOGY GROUP HOLDING LTD (CRDO) - 2.41%
#20	RIYAD BANK (n/a) - 0.94%	CONSTELLATION ENERGY CORP (CEG) - 2.39%
#21	n/a (n/a) - 0.93%	ROLLINS INC (ROL) - 2.38%
#22	NEW CHINA LIFE INSURANCE CO LTD CLASS H (n/a) - 0.92%	AKAMAI TECHNOLOGIES INC (AKAM) - 2.38%
#23	CHINA RESOURCES LAND LTD (n/a) - 0.89%	STARBUCKS CORP (SBUX) - 2.31%
#24	SHINHAN FINANCIAL GROUP CO LTD ADR (SHG) - 0.88%	NVIDIA CORP (NVDA) - 2.29%
#25	PING AN BANK CO LTD CLASS A (n/a) - 0.84%	SOUTHERN COPPER CORP (SCCO) - 2.28%
Total Holdings	80	83

EMEM vs CBLS - Historical Returns

Returns include dividend reinvestment.

Period	EMEM	CBLS
1 month	N/A	-0.06%
3 months	N/A	+12.98%
6 months	N/A	+18.49%
1 year	N/A	+16.86%
5 years(CAGR)	+1.81%	+4.71%
10 years(CAGR)	+1.31%	N/A
Max(CAGR)	+1.31%	+9.29%

EMEM

N/A

CBLS

-0.06%

EMEM

N/A

CBLS

+12.98%

EMEM

N/A

CBLS

+18.49%

EMEM

N/A

CBLS

+16.86%

5Y(CAGR)

EMEM

+1.81%

Winner

CBLS

+4.71%

10Y(CAGR)

EMEM

+1.31%

CBLS

N/A

Max(CAGR)

EMEM

+1.31%

Winner

CBLS

+9.29%

EMEM vs CBLS - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	EMEM	CBLS
2026	+4.30%	+17.41%
2025	N/A	+4.95%
2024	N/A	+30.19%
2023	N/A	-2.20%
2022	N/A	-12.33%
2021	N/A	+3.87%
2020	+0.02%	+14.15%
2019	+10.90%	N/A
2018	-16.30%	N/A
2017	+5.13%	N/A

EMEM vs CBLS Drawdown Comparison

The maximum drawdown for EMEM was -24.52%, occurring on Dec 24, 2018. Recovery took 512 trading sessions.

The maximum drawdown for CBLS was -32.78%, occurring on Oct 5, 2023. Recovery took 932 trading sessions.

The current EMEM drawdown is -3.71%. The current CBLS drawdown is -4.32%.

Rank	EMEM	CBLS
#1	-24.52% Jan 26, 2018 - Jun 1, 2026	-32.78% Apr 29, 2021 - Jan 14, 2025
#2	-8.12% Jun 2, 2026 - Jun 10, 2026	-15.27% Jan 22, 2025 - Jul 17, 2025
#3	-2.86% Nov 24, 2017 - Dec 18, 2017	-8.46% Jan 22, 2021 - Feb 5, 2021
#4	-2.03% Nov 9, 2017 - Nov 17, 2017	-8.15% Oct 16, 2025 - Jan 13, 2026
#5	-1.21% Jan 18, 2018 - Jan 24, 2018	-7.12% Feb 24, 2026 - Apr 14, 2026
#6	-0.96% Jan 5, 2018 - Jan 12, 2018	-6.17% Mar 15, 2021 - Apr 29, 2021
#7	-0.47% Dec 18, 2017 - Dec 20, 2017	-5.70% Jun 4, 2026 - Jun 10, 2026
#8	-0.20% Nov 17, 2017 - Nov 21, 2017	-5.62% Feb 22, 2021 - Mar 15, 2021
#9	N/A	-4.62% Jul 31, 2025 - Oct 8, 2025
#10	N/A	-4.43% May 13, 2026 - Jun 2, 2026
#11	N/A	-3.55% Apr 24, 2026 - May 6, 2026
#12	N/A	-2.48% May 6, 2026 - May 11, 2026
#13	N/A	-2.34% Oct 8, 2025 - Oct 15, 2025
#14	N/A	-2.32% Jan 29, 2026 - Feb 9, 2026
#15	N/A	-1.96% Feb 9, 2026 - Feb 23, 2026

Correlation

Correlation between EMEM and CBLS is -1.00 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-1.00

-101