JOMMX vs KEMQ Fund Comparison

A comparison between JOMMX and KEMQ based on their expense ratio, growth, holdings and how well they match their benchmark performance.

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Minafi's Take on JOMMX vs KEMQ

Here's an in depth look at the differences between JOHCM Emerging Markets Small Mid Cap Equity Fund Class Institutional Shares ($JOMMX) and KraneShares FTSE Emerging Markets Consumer Technology Index ETF ($KEMQ).

To start off, here's a look at the basics of each fund. Keep an eye on the FI Score. That's a custom score from 0 to 100 that we generate based on how good this fund is for the casual investor. Most investors only need a handful of total funds in their portfolio. The higher the score, the more likely this is one of those few. Score alone isn't enough! Keep reading on to see how different (or perhaps similar) these two funds are.

19% FI Score
  • jommx
  • Mutual Fund
  • International Stocks
  • Emerging Markets

JOHCM Emerging Markets Small Mid Cap Equity Fund Class Institutional Shares

Expenses: 1.54% (Better than 0% of similar funds)

This is a bad choice for a Emerging Markets International Stocks fund. See why »

37% FI Score
  • kemq
  • ETF
  • International Stocks
  • Emerging Markets

KraneShares FTSE Emerging Markets Consumer Technology Index ETF

Expenses: 0.70% (Better than 1% of similar funds)

This is a bad choice for a Emerging Markets International Stocks fund. See why »

$JOMMX is classified as a Mutual Fund while $KEMQ is classified as an ETF. Even though one of these is a mutual fund and the other is an ETF, that doesn't matter too much for their holdings. Both ETFs and mutual funds are just containers to hold lots of investments inside of them.

The biggest differences between these two is where they may be offered. ETFs are more widely availble from a larger number of investment apps and websites. Mutual funds, on the other hand, are generally offered by the platform they're issued by (Fidelity funds on Fidelity, Vanguard funds on Vanguard). Usually 401(k)'s will offer both ETFs and Mutual Funds. If you're investing outside of a 401(k), I'd recommend you verify the fees associated with ETF and mutual fund transactions. Some platforms charge an additional fee to purchase a mutual fund.

To learn more about the difference between these two, you can read about the difference between ETFs and Mutual Funds.

When evaluating a fund, the first things I look at are:

  • What it invests in
  • How much it charges in fees
  • How large the fund is

Let's look into these criteria one by one and see if either of these funds stands out.

Fund Holdings Comparison

Both of these funds are International Stocks Emerging Markets funds – which means they're likely both investing in about the same investments behind the scenes.

Minafi's FI Score algorithm takes into account the category and market. The more niche a fund is, the lower the score. This doesn't mean it's a worse fund, but it does mean you should stop and make sure this a fund you need to diversify your portfolio.

JOMMX KEMQ
Market Score 1.7 /10 1.2 /10
Category Score 5.0 /10 5.0 /10
Total 6.7 6.2

A score of 10 means this is a solid market and category that almost every investor will want to have investments in. The lower the score, the more specific the investment. These scores are based on when most investors would add these funds to their portfolio. A score of 10 means that this fund (or one like it) belongs in a three-fund portfolio. The lower the score, the farther down in your portfolio a fund would go.

Winner: $JOMMX

Fee Comparison

Fees are one of the biggest killers of portfolio growth. The difference between a 2% fee and a 0.04% fee over 30 years can result in your portfolio having half the total value!

If you're just getting started investing and learning how fees impact your portfolio, I'd encourage you to read through my free investment course (specifically '2.2 - All About Fees') where I go over all the different types of fees you can be charged and how to lower them.

For these two funds, JOMMX has an expense ratio of 1.54% while KEMQ has an expense ratio of 0.70%.

Winner: $KEMQ

Fund Size Comparison

Both JOMMX and KEMQ have a similar number of assets under management. JOMMX has 36.5 Million in assets under management, while KEMQ has 20.8 Million.

Minafi categorizes both of these funds as small funds. Fund size is a good indication of how many other investors trust this fund. A large fund by itself doesn't mean it's a good fund, but it is one thing to consider when figuring out how to choose the right fund.

Winner: tie

Which Should You Choose? JOMMX or KEMQ?

Since both of these funds are International Stocks Emerging Markets funds, you'll most likely only need to invest in one of these funds – not both. Running both of these funds through Minafi's FI Score algorithm, gives JOMMX a score of 19 and KEMQ a score of 37.

Since both of these have a similar FI Score, the difference between these two if minimal. A higher FI Score doesn't mean future growth will be higher, but it does mean that it better fits criteria for a good fund. Neither of these funds has an FI Score above 90 – which is a red flag. I'd look into more funds to find one with a higher FI Score.

Winner: Neither, I'd research more funds if you're looking to invest for retirement.

$JOMMX

JOHCM Emerging Markets Small Mid Cap Equity Fund Class Institutional Shares

19

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Ratings
Rating Type Rating
Expense Ratio Score 3 /10
Expense Rating 0 /10
Market Score 2 /10
Category Score 5 /10
Overview
Overview Details
Fund Type Mutual Fund
Inception Date Dec-17-2014
Exchange NMFQS
Expense Ratio 1.540%
Net Assets 36.5 Million
Yield 0.76%
Holdings
Description Info
Market International Stocks
Category Emerging Markets
Sectors
  • Basic Materials 6.30%
  • Communication Services 3.38%
  • Consumer Cyclical 11.32%
  • Consumer Defensive 9.83%
  • Energy 0.32%
  • Financial Services 8.15%
  • Healthcare 11.14%
  • Industrials 14.86%
  • Real Estate 8.54%
  • Technology 25.81%
  • Utilities 0.35%
Regions
  • Africa/Middle East 2.56%
  • Asia Developed 36.57%
  • Asia Emerging 36.06%
  • Europe Developed 3.23%
  • Europe Emerging 7.67%
  • Latin America 9.78%
  • North America 2.48%
  • United Kingdom 1.65%

$KEMQ

KraneShares FTSE Emerging Markets Consumer Technology Index ETF

37

Read More
Ratings
Rating Type Rating
Diversification Score 0 /10
Expense Ratio Score 8 /10
Expense Rating 3 /10
Market Score 1 /10
Category Score 5 /10
Overview
Overview Details
Fund Type ETF
Exchange NYSE ARCA
Expense Ratio 0.700%
Net Assets 20.8 Million
Yield 1.82%
Holdings
Description Info
Market International Stocks
Category Emerging Markets
Sectors
  • Basic Materials 0.00%
  • Communication Services 53.84%
  • Consumer Cyclicals 22.73%
  • Consumer Defensive 5.97%
  • Energy 0.00%
  • Financial Services 1.48%
  • Healthcare 2.59%
  • Industrials 0.00%
  • Real Estate 0.00%
  • Technology 13.39%
  • Utilities 0.00%
Regions
  • Africa/Middle East 3.55%
  • Asia Developed 27.31%
  • Asia Emerging 45.44%
  • Europe Developed 5.00%
  • Europe Emerging 4.05%
  • Latin America 14.65%

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