A side-by-side comparison of VictoryShares Emerging Markets Value Momentum ETF (UEVM) and JPMorgan ActiveBuilders Emerging Markets Equity ETF (JEMA) to help Canadian investors make an informed decision.
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | UEVM | JEMA |
|---|---|---|
| YTD Return | -0.90%✓ | -2.62% |
| 1-Day Change | -0.68% | +0.15%✓ |
| 1-Week Change | -1.61% | -0.83%✓ |
| 1-Month Change | -3.98% | -0.16%✓ |
| Current Price | $57.90 | $61.98 |
| AUM | $243M | $1.79B✓ |
| MER (Expense Ratio) | 0.45% | 0.33%✓ |
| Dividend Yield | 2.63%✓ | 2.31% |
| Distribution Frequency | — | — |
| Inception Date | 2017-10-24 | 2021-03-10 |
| Holdings Count | 49 | 47 |
| MorningStar Rating | ★★★ | ★★★ |
| Category | Diversified Emerging Mkts | Diversified Emerging Mkts |
| Beta | 0.68 | 1.03 |
| 52-Week High | $61.02 | $66.68 |
| 52-Week Low | $51.47 | $45.09 |
| 50-Day MA | $59.80 | $61.53 |
| 200-Day MA | $59.08 | $57.72 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | UEVM | JEMA |
|---|---|---|
| YTD | -0.90%✓ | -2.62% |
| 1 Year | +10.68% | +37.61%✓ |
| 3 Year | +16.85% | +25.13%✓ |
| 5 Year | +8.39% | +8.44%✓ |
| 10 Year | — | — |
| 1Y Volatility | 14.14% | 22.68% |
| Sharpe Ratio (3Y) | 1.06 | 1.13 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | TISCO | TISCO Financial Group Public Company Limited | 1.45% |
| 2 | 3328 | Bank of Communications Co Ltd | 1.05% |
| 3 | 1658 | Postal Savings Bank of China | 1.03% |
| 4 | 1066 | RHB Bank Bhd | 1.01% |
| 5 | 5285 | Sime Darby Plantation Bhd | 1.01% |
| 6 | KBANK | Kasikornbank Public Company Limited | 1.01% |
| 7 | 3968 | China Merchants Bank Co Ltd Class H | 1.00% |
| 8 | 2Y11 | China Tower Corporation Limited | 0.99% |
| 9 | ANANDRATHI | Anand Rathi Wealth Limited | 0.97% |
| 10 | 3988 | Bank of China Ltd H | 0.97% |
| 1 | 2330 | Taiwan Semiconductor Manufacturing Co. Ltd. | 16.07% |
| 2 | SSNLF | Samsung Electronics Co Ltd | 9.23% |
| 3 | 000660 | SK Hynix Inc | 4.62% |
| 4 | 0700 | Tencent Holdings Ltd | 2.93% |
| 5 | 2454 | MediaTek Inc | 2.05% |
| 6 | 9988 | Alibaba Group Holding Ltd | 1.42% |
| 7 | PBR | Petroleo Brasileiro Petrobras SA ADR | 1.19% |
| 8 | 3711 | ASE Industrial Holding Co Ltd | 1.04% |
| 9 | 9999 | NetEase Inc | 1.01% |
| 10 | 402340 | SK Square Co Ltd | 0.82% |
Sector Weights
| Sector | UEVM | JEMA |
|---|---|---|
| Basic Materials | 9.04% | 3.48% |
| Communication Services | 0.99% | 6.02% |
| Consumer Cyclicals | 11.76% | 7.94% |
| Consumer Defensive | 8.15% | 2.00% |
| Energy | 8.22% | 3.21% |
| Financial Services | 30.04% | 21.09% |
| Healthcare | 4.10% | 1.64% |
| Industrials | 9.78% | 6.75% |
| Real Estate | 3.75% | 0.66% |
| Technology | 9.03% | 46.12% |
| Utilities | 5.15% | 1.08% |
About UEVM
The fund invests at least 80% of its assets in securities in the index, depositary receipts on securities in the index and securities underlying depositary receipts in the index. The index is designed to deliver exposure to equity market performance in the global emerging markets and provide higher exposure to value and momentum factors within the parent index while also maintaining moderate Index turnover and lower realized volatility than traditional capitalization weighted indexes.
About JEMA
Under normal circumstances, the fund invests at least 80% of its assets in equity securities and equity-related instruments that are tied economically to emerging markets. The equity securities and equity-related instruments in which it may invest include, but are not limited to, common stock, participation notes or other structured notes, and other instruments that provide economic exposure to one or more equity securities. The fund may also use exchanged-traded futures for the efficient manage…
Which ETF is Right for You?
Both UEVM and JEMA are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, UEVM scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between UEVM and JEMA?
UEVM (VictoryShares Emerging Markets Value Momentum ETF) and JEMA (JPMorgan ActiveBuilders Emerging Markets Equity ETF) are both Canadian-listed ETFs. Key differences include their AUM ($243M vs $1.79B), dividend yield (2.63% vs 2.31%), and year-to-date performance (-0.90% vs -2.62%).
Is UEVM better than JEMA?
There is no single "better" ETF — it depends on your investment goals. If you prioritise recent performance, UEVM has outperformed year-to-date. Always review the fund's prospectus and consider your tax situation.
Can I buy UEVM and JEMA on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both UEVM and JEMA should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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