# Nomura Systematic Emerging Markets Eq A (IPOAX)

> Source: Nexqual · https://nexqual.com/IPOAX · data as of 2026-10-24 00:08 UTC · cite as "Nexqual, Nomura Systematic Emerging Markets Eq A (IPOAX), nexqual.com/IPOAX" · informational, not investment advice.

**Price:** USD 24.48 (+0.45% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 24.37 · day 24.48–24.48 · 52w 20.33–27.36 · market cap null · NAS

## Key facts
- Total return with dividends: 1Y +17.5% vs S&P 500 +13.4%; 5Y +21.2% vs S&P 500 +76.9%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | +17.5% | +21.2% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | +17.6% | +3.9% |
| Volatility (annualized) | 23.5% | 17.8% |
| Max drawdown | -13.4% (Feb 2026→Mar 2026) | -38.9% (Nov 2021→Oct 2022) |

## Peers
IGNAX (Delaware Ivy Natural Resources ) USD 24.09 -0.00% · IRSAX (Delaware Real Estate Securities) USD 14.09 -0.00% · IVIAX (Ivy International Core Equity F) USD 22.96 +0.00% · WLGAX (Ivy Large Cap Growth Fund Class) USD 38.41 +0.00% · IYSAX (Delaware Ivy Smid Cap Core Fund) USD 20.13 +0.00%

## More
Full page: https://nexqual.com/IPOAX · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt