NUEM vs EMF

Comparison between NUVEEN ESG EMERGING MARKETS EQUITY ETF (NUEM, ETF) and Templeton Emerging Markets Fund (EMF, ETF).

5-Year PerformanceEMF has outperformed NUEM, delivering a return of +11.4% compared to +5.2%

NUEM vs EMF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NUEM(ETF)	EMF(ETF)
Net Assets	$385M	$386M
Expense Ratio	0.36%	N/A
Max Drawdown	40.93%	72.52%
Sharpe Ratio	0.94	1.78
5Y Beta	0.83	0.75
5Y Dividends CAGR	13.82%	20.60%

Net Assets

NUEM

$385M

Winner

EMF

$386M

Expense Ratio

NUEM

0.36%

EMF

N/A

Max Drawdown

Winner

NUEM

40.93%

EMF

72.52%

Sharpe Ratio

NUEM

0.94

Winner

EMF

1.78

5Y Beta

NUEM

0.83

Winner

EMF

0.75

5Y Dividends CAGR

NUEM

13.82%

Winner

EMF

20.60%

NUEM vs EMF - Historical Returns

Returns include dividend reinvestment.

Period	NUEM	EMF
1 month	-2.86%	-7.67%
3 months	+1.75%	+7.93%
6 months	+6.57%	+12.27%
1 year	+23.56%	+55.06%
5 years(CAGR)	+5.22%	+11.35%
10 years(CAGR)	+7.62%	+13.47%
Max(CAGR)	+7.62%	+9.40%

Winner

NUEM

-2.86%

EMF

-7.67%

NUEM

+1.75%

Winner

EMF

+7.93%

NUEM

+6.57%

Winner

EMF

+12.27%

NUEM

+23.56%

Winner

EMF

+55.06%

5Y(CAGR)

NUEM

+5.22%

Winner

EMF

+11.35%

10Y(CAGR)

NUEM

+7.62%

Winner

EMF

+13.47%

Max(CAGR)

NUEM

+7.62%

Winner

EMF

+9.40%

NUEM vs EMF - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	NUEM	EMF
2026	+11.81%	+26.55%
2025	+27.43%	+57.75%
2024	+11.06%	+4.77%
2023	+7.59%	+7.70%
2022	-20.03%	-22.82%
2021	-2.11%	-8.69%
2020	+22.57%	+19.61%
2019	+16.19%	+24.33%
2018	-18.67%	-17.20%
2017	+18.50%	+49.63%
2016	N/A	+25.38%
2015	N/A	-26.61%
2014	N/A	-3.63%
2013	N/A	-6.39%
2012	N/A	+10.97%
2011	N/A	-24.67%
2010	N/A	+14.61%
2009	N/A	+110.57%
2008	N/A	-53.32%
2007	N/A	+36.03%
2006	N/A	+17.07%
2005	N/A	+31.79%
2004	N/A	+15.59%
2003	N/A	+81.60%
2002	N/A	-1.16%
2001	N/A	+5.71%
2000	N/A	-43.35%
1999	N/A	+23.27%

NUEM vs EMF Drawdown Comparison

The maximum drawdown for NUEM was -39.48%, occurring on Oct 24, 2022. Recovery took 1147 trading sessions.

The maximum drawdown for EMF was -68.69%, occurring on Nov 20, 2008. Recovery took 549 trading sessions.

The current NUEM drawdown is -7.76%. The current EMF drawdown is -12.80%.

Rank	NUEM	EMF
#1	-39.48% Feb 17, 2021 - Sep 11, 2025	-68.69% Oct 31, 2007 - Jan 6, 2010
#2	-38.45% Jan 25, 2018 - Nov 4, 2020	-50.48% Apr 8, 2011 - Oct 12, 2017
#3	-11.56% Feb 25, 2026 - Apr 17, 2026	-48.89% Jan 3, 2000 - Oct 13, 2003
#4	-10.01% Jun 22, 2026 - Jul 17, 2026	-47.63% Feb 17, 2021 - Aug 13, 2025
#5	-6.98% Jun 2, 2026 - Jun 15, 2026	-39.30% Jan 14, 2020 - Nov 5, 2020
#6	-6.57% May 8, 2026 - May 29, 2026	-31.38% Jan 19, 2006 - Dec 26, 2006
#7	-6.33% Jan 25, 2021 - Feb 9, 2021	-31.32% Jan 13, 2004 - Nov 17, 2004
#8	-4.81% Oct 29, 2025 - Jan 2, 2026	-27.72% Jan 26, 2018 - Jan 2, 2020
#9	-4.23% Oct 8, 2025 - Oct 15, 2025	-26.55% Jan 19, 2010 - Oct 1, 2010
#10	-4.17% Nov 21, 2017 - Dec 22, 2017	-22.38% Jul 23, 2007 - Sep 18, 2007
#11	-3.77% Jan 28, 2026 - Feb 11, 2026	-20.84% Mar 18, 2005 - Jul 28, 2005
#12	-2.82% Sep 18, 2017 - Oct 5, 2017	-19.47% Feb 25, 2026 - May 5, 2026
#13	-2.61% Nov 27, 2020 - Dec 3, 2020	-15.59% Jan 3, 2007 - May 22, 2007
#14	-2.50% Nov 9, 2020 - Nov 20, 2020	-13.74% Jun 22, 2026 - Jul 17, 2026
#15	-1.99% Dec 17, 2020 - Dec 29, 2020	-11.49% Nov 10, 2010 - Apr 6, 2011

Correlation

Correlation between NUEM and EMF is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2000 - 2026)

NUEM vs EMF dividend yield comparison.

Year	NUEM	EMF
2026	0.00%	2.16%
2025	3.58%	9.73%
2024	1.95%	4.28%
2023	2.37%	6.22%
2022	1.90%	9.89%
2021	2.45%	6.92%
2020	1.26%	3.51%
2019	1.98%	7.36%
2018	2.05%	5.92%
2017	0.62%	12.11%
2016	0.00%	1.62%
2015	0.00%	12.81%
2014	0.00%	7.67%
2013	0.00%	9.66%
2012	0.00%	2.30%
2011	0.00%	1.87%
2010	0.00%	0.63%
2009	0.00%	0.72%
2008	0.00%	15.86%
2007	0.00%	9.34%
2006	0.00%	28.68%
2005	0.00%	10.26%
2004	0.00%	1.49%
2003	0.00%	1.61%
2002	0.00%	1.93%
2001	0.00%	1.35%
2000	0.00%	1.35%