iShares MSCI Emerging Markets ex China Index ETF (XEMC.TO) Sharpe Ratio: 1.93

XEMC.TO's Sharpe Ratio of 1.93 indicates that for each unit of volatility, it generates 1.93 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Aug 1, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

XEMC.TO Sharpe Ratio Rank

Exceptional

XEMC.TO ranks above 83.3% of all investments in our database based on Sharpe Ratio over the past 12 months, demonstrating exceptional risk-adjusted returns. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

Strong returns with low total volatility → Higher rank
High volatility (both upside and downside) → Lower rank
Consistent returns → Higher rank than volatile returns of same magnitude
Sharp drawdowns increase volatility → Lower rank

What you can do with this information

Suitable as a core holding given strong risk-adjusted returns
Monitor rank changes to detect deteriorating return-to-volatility profile
Exceptional Sharpe ratio supports larger position sizes
Compare with category peers to assess whether strength is investment-specific or category-wide

XEMC.TO Sharpe Ratio Market Positioning

The chart shows XEMC.TO's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

Red zone (bottom 25%): 0.56 or lower
Yellow zone (middle 50%): 0.56 to 1.73
Green zone (top 25%): 1.73 or higher
Top 1%: 6.44+
Median: 1.25 — half of all investments score higher

How it compares to other similar ETFs

The table compares iShares MSCI Emerging Markets ex China Index ETF's Sharpe Ratio with other ETFs in the Emerging Markets Equities category across multiple time periods, showing how XEMC.TO's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Aug 1, 2026.

Symbol	Name	1Y Sharpe Ratio
ZLE.TO	BMO Low Volatility Emerging Markets Equity ETF	1.71
CWO.NEO	iShares Emerging Markets Fundamental Index ETF	1.68
XEM.TO	iShares MSCI Emerging Markets Index ETF	1.50
XEC.TO	iShares Core MSCI Emerging Markets IMI Index ETF	1.46
HXEM.TO	Global X Emerging Markets Equity Index Corporate Class ETF	1.45
ZEM.TO	BMO MSCI Emerging Markets Index ETF	1.41
EMCL.NEO	Global X Enhanced MSCI Emerging Markets Covered Call ETF	1.39
XSEM.TO	iShares ESG Aware MSCI Emerging Markets Index ETF	1.31
VEE.TO	Vanguard FTSE Emerging Markets All Cap Index ETF	1.27
DRFE.TO	Desjardins RI Emerging Markets Multifactor - Net-Zero Emissions Pathway ETF	1.21
XEMC.TO	iShares MSCI Emerging Markets ex China Index ETF	1.93

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Historical Sharpe Ratio

The chart shows XEMC.TO's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when XEMC.TO consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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