AXQT.DE vs. XMME.DE
AXQT.DE (AXA IM MSCI Emerging Markets ex-China Equity PAB UCITS ETF USD Acc) and XMME.DE (Xtrackers MSCI Emerging Markets UCITS ETF 1C) are both Emerging Markets Equities funds - AXQT.DE tracks the MSCI Emerging Markets ex China Climate Paris Aligned while XMME.DE tracks the MSCI Emerging Markets. Both are passively managed. Over the past year, AXQT.DE returned 69.43% vs 51.93% for XMME.DE. Their correlation of 0.85 suggests significant overlap in exposure. AXQT.DE charges 0.27%/yr vs 0.18%/yr for XMME.DE.
Performance
AXQT.DE vs. XMME.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AXQT.DE achieves a 40.98% return, which is significantly higher than XMME.DE's 30.06% return.
AXQT.DE
- 1D
- -0.87%
- 1M
- 7.44%
- YTD
- 40.98%
- 6M
- 44.68%
- 1Y
- 69.43%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XMME.DE
- 1D
- -1.04%
- 1M
- 7.79%
- YTD
- 30.06%
- 6M
- 31.13%
- 1Y
- 51.93%
- 3Y*
- 21.36%
- 5Y*
- 8.66%
- 10Y*
- —
AXQT.DE vs. XMME.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AXQT.DE AXA IM MSCI Emerging Markets ex-China Equity PAB UCITS ETF USD Acc | 40.98% | 15.03% |
XMME.DE Xtrackers MSCI Emerging Markets UCITS ETF 1C | 30.06% | 14.77% |
Correlation
The correlation between AXQT.DE and XMME.DE is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Feb 7, 2025 | 0.85 |
The correlation between AXQT.DE and XMME.DE has been stable across timeframes, ranging from 0.84 to 0.85 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AXQT.DE vs. XMME.DE — Risk / Return Rank
AXQT.DE
XMME.DE
AXQT.DE vs. XMME.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AXA IM MSCI Emerging Markets ex-China Equity PAB UCITS ETF USD Acc (AXQT.DE) and Xtrackers MSCI Emerging Markets UCITS ETF 1C (XMME.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| AXQT.DE | XMME.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.61 | ||
| Sortino ratioReturn per unit of downside risk | +0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.64 | 1.55 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 6.01 | 4.98 | +1.03 |
| Martin ratioReturn relative to average drawdown | 22.04 | 18.04 | +4.00 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| AXQT.DE | XMME.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.62 | 3.00 | +0.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.51 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.20 | 0.45 | +1.76 |
Drawdowns
AXQT.DE vs. XMME.DE - Drawdown Comparison
The maximum AXQT.DE drawdown since its inception was -18.65%, smaller than the maximum XMME.DE drawdown of -31.96%. Use the drawdown chart below to compare losses from any high point for AXQT.DE and XMME.DE.
Loading charts...
Drawdown Indicators
| AXQT.DE | XMME.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.65% | -31.96% | +13.31% |
Max Drawdown (1Y)Largest decline over 1 year | -11.49% | -10.67% | -0.82% |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.16% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.38% | — |
Current DrawdownCurrent decline from peak | -2.23% | -1.04% | -1.19% |
Average DrawdownAverage peak-to-trough decline | -3.07% | -9.53% | +6.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.14% | 2.95% | +0.19% |
Volatility
AXQT.DE vs. XMME.DE - Volatility Comparison
AXA IM MSCI Emerging Markets ex-China Equity PAB UCITS ETF USD Acc (AXQT.DE) has a higher volatility of 8.70% compared to Xtrackers MSCI Emerging Markets UCITS ETF 1C (XMME.DE) at 7.48%. This indicates that AXQT.DE's price experiences larger fluctuations and is considered to be riskier than XMME.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AXQT.DE | XMME.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.70% | 7.48% | +1.22% |
Volatility (6M)Calculated over the trailing 6-month period | 16.43% | 14.90% | +1.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.11% | 17.70% | +1.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.01% | 16.74% | +3.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.01% | 18.61% | +1.40% |
AXQT.DE vs. XMME.DE - Expense Ratio Comparison
AXQT.DE has a 0.27% expense ratio, which is higher than XMME.DE's 0.18% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
AXQT.DE vs. XMME.DE - Dividend Comparison
Neither AXQT.DE nor XMME.DE has paid dividends to shareholders.
Frequently Asked Questions
AXQT.DE and XMME.DE have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XMME.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XMME.DE is cheaper with a 0.18% expense ratio, compared with 0.27% for AXQT.DE.
AXQT.DE tracks MSCI Emerging Markets ex China Climate Paris Aligned, while XMME.DE tracks MSCI Emerging Markets. They also come from different issuers: AXA IM and Xtrackers. Their fees differ too: 0.27% for AXQT.DE and 0.18% for XMME.DE.
Find the right allocation for AXQT.DE and XMME.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer