CAEM.TO vs. XSEM.TO

Last updated Jun 4, 2026

CAEM.TO (Avantis CIBC Emerging Markets Equity ETF) and XSEM.TO (iShares ESG Aware MSCI Emerging Markets Index ETF) are both Emerging Markets Equities funds. CAEM.TO is actively managed, while XSEM.TO is passively managed. Their correlation of 0.86 suggests significant overlap in exposure.

Performance

CAEM.TO vs. XSEM.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Avantis CIBC Emerging Markets Equity ETF (CAEM.TO) and iShares ESG Aware MSCI Emerging Markets Index ETF (XSEM.TO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CAEM.TO

• 1D: -0.87%
• 1M: 9.77%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XSEM.TO

• 1D: -0.86%
• 1M: 12.07%
• YTD: 28.13%
• 6M: 29.29%
• 1Y: 57.34%
• 3Y*: 25.23%
• 5Y*: 9.59%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CAEM.TO vs. XSEM.TO - Yearly Performance Comparison

	2026 (YTD)
CAEM.TO Avantis CIBC Emerging Markets Equity ETF	17.42%
XSEM.TO iShares ESG Aware MSCI Emerging Markets Index ETF	23.39%

Correlation

The correlation between CAEM.TO and XSEM.TO is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 1, 2026	0.86

Return for Risk

CAEM.TO vs. XSEM.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XSEM.TO

XSEM.TO Risk / Return Rank: 85
XSEM.TO Sharpe Ratio Rank: 88
XSEM.TO Sortino Ratio Rank: 83
XSEM.TO Omega Ratio Rank: 86
XSEM.TO Calmar Ratio Rank: 85
XSEM.TO Martin Ratio Rank: 83

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CAEM.TO vs. XSEM.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis CIBC Emerging Markets Equity ETF (CAEM.TO) and iShares ESG Aware MSCI Emerging Markets Index ETF (XSEM.TO). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	CAEM.TO	XSEM.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.96	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.57	—
Sharpe Ratio (All Time) Calculated using the full available price history	7.86	0.55	+7.31

Drawdowns

CAEM.TO vs. XSEM.TO - Drawdown Comparison

The maximum CAEM.TO drawdown since its inception was -4.26%, smaller than the maximum XSEM.TO drawdown of -37.03%. Use the drawdown chart below to compare losses from any high point for CAEM.TO and XSEM.TO.

Drawdown Indicators

	CAEM.TO	XSEM.TO	Difference
Max Drawdown Largest peak-to-trough decline	-4.26%	-37.03%	+32.77%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.30%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.17%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-33.18%	—
Current Drawdown Current decline from peak	-0.87%	-0.86%	-0.01%
Average Drawdown Average peak-to-trough decline	-0.74%	-13.17%	+12.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.37%	—

Volatility

Volatility by Period

	CAEM.TO	XSEM.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.35%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.02%	—
Volatility (1Y) Calculated over the trailing 1-year period	19.42%	19.47%	-0.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.42%	17.06%	+2.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.42%	18.26%	+1.16%

Dividends

CAEM.TO vs. XSEM.TO - Dividend Comparison

CAEM.TO has not paid dividends to shareholders, while XSEM.TO's dividend yield for the trailing twelve months is around 1.41%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
CAEM.TO Avantis CIBC Emerging Markets Equity ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XSEM.TO iShares ESG Aware MSCI Emerging Markets Index ETF	1.41%	1.80%	2.12%	1.12%	2.29%	2.50%	1.16%	2.46%

Frequently Asked Questions

Can I hold both CAEM.TO and XSEM.TO in my portfolio?

CAEM.TO and XSEM.TO have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between CAEM.TO and XSEM.TO?

They also come from different issuers: CIBC and iShares.