CDDYX vs. EMXC
CDDYX (Columbia Dividend Income Fund Institutional 3 Class) and EMXC (iShares MSCI Emerging Markets ex China ETF) are both funds - CDDYX is a Large Cap Value Equities fund managed by Columbia, while EMXC is a Emerging Markets Equities fund tracking the MSCI Emerging Markets ex China Index. Over the past 5 years, CDDYX returned 10.94%/yr vs 12.14%/yr for EMXC. A 0.58 correlation means they provide meaningful diversification when combined. CDDYX charges 0.55%/yr vs 0.49%/yr for EMXC.
Performance
CDDYX vs. EMXC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CDDYX achieves a 9.15% return, which is significantly lower than EMXC's 37.25% return.
CDDYX
- 1D
- 1.18%
- 1M
- 2.41%
- YTD
- 9.15%
- 6M
- 8.77%
- 1Y
- 20.36%
- 3Y*
- 16.65%
- 5Y*
- 10.94%
- 10Y*
- 12.81%
EMXC
- 1D
- 0.55%
- 1M
- 3.75%
- YTD
- 37.25%
- 6M
- 42.23%
- 1Y
- 65.26%
- 3Y*
- 26.47%
- 5Y*
- 12.14%
- 10Y*
- —
CDDYX vs. EMXC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CDDYX Columbia Dividend Income Fund Institutional 3 Class | 9.15% | 15.95% | 15.17% | 10.65% | -4.84% | 26.43% | 7.92% | 28.74% | -4.27% | 9.68% |
EMXC iShares MSCI Emerging Markets ex China ETF | 37.25% | 35.14% | 2.68% | 18.96% | -19.56% | 8.54% | 12.76% | 15.80% | -12.96% | 7.16% |
Correlation
The correlation between CDDYX and EMXC is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Jul 26, 2017 | 0.58 |
The correlation between CDDYX and EMXC shifts across timeframes, from 0.45 (1 year) to 0.59 (5 years), reflecting how their relationship changes across market environments.
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
CDDYX vs. EMXC — Risk / Return Rank
CDDYX
EMXC
CDDYX vs. EMXC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Dividend Income Fund Institutional 3 Class (CDDYX) and iShares MSCI Emerging Markets ex China ETF (EMXC). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CDDYX | EMXC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.47 | ||
| Sortino ratioReturn per unit of downside risk | -0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.50 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.80 | 4.55 | -0.75 |
| Martin ratioReturn relative to average drawdown | 14.30 | 17.51 | -3.22 |
Loading charts...
Drawdowns
CDDYX vs. EMXC - Drawdown Comparison
The maximum CDDYX drawdown since its inception was -32.74%, smaller than the maximum EMXC drawdown of -42.81%. Use the drawdown chart below to compare losses from any high point for CDDYX and EMXC.
Loading charts...
Drawdown Indicators
| CDDYX | EMXC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.74% | -42.81% | +10.07% |
Max Drawdown (1Y)Largest decline over 1 year | -5.51% | -14.41% | +8.90% |
Max Drawdown (3Y)Largest decline over 3 years | -12.99% | -19.12% | +6.13% |
Max Drawdown (5Y)Largest decline over 5 years | -16.91% | -28.91% | +12.00% |
Max Drawdown (10Y)Largest decline over 10 years | -32.74% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -4.12% | +4.12% |
Average DrawdownAverage peak-to-trough decline | -2.76% | -10.17% | +7.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.46% | 3.74% | -2.28% |
Volatility
CDDYX vs. EMXC - Volatility Comparison
The current volatility for Columbia Dividend Income Fund Institutional 3 Class (CDDYX) is 2.70%, while iShares MSCI Emerging Markets ex China ETF (EMXC) has a volatility of 12.83%. This indicates that CDDYX experiences smaller price fluctuations and is considered to be less risky than EMXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CDDYX | EMXC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.70% | 12.83% | -10.13% |
Volatility (6M)Calculated over the trailing 6-month period | 6.96% | 21.90% | -14.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.19% | 23.90% | -14.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.29% | 18.00% | -4.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.69% | 20.07% | -4.38% |
CDDYX vs. EMXC - Expense Ratio Comparison
CDDYX has a 0.55% expense ratio, which is higher than EMXC's 0.49% expense ratio.
Dividends
CDDYX vs. EMXC - Dividend Comparison
CDDYX's dividend yield for the trailing twelve months is around 4.93%, more than EMXC's 2.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CDDYX Columbia Dividend Income Fund Institutional 3 Class | 4.93% | 5.33% | 5.99% | 4.96% | 3.90% | 2.93% | 1.85% | 3.28% | 7.65% | 4.03% | 3.84% | 8.35% |
EMXC iShares MSCI Emerging Markets ex China ETF | 2.05% | 2.82% | 2.69% | 1.83% | 2.85% | 1.78% | 1.45% | 3.25% | 2.63% | 0.99% | 0.00% | 0.00% |
Frequently Asked Questions
CDDYX and EMXC have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EMXC has higher volatility (12.83%) compared to CDDYX (2.70%). In terms of maximum drawdown, CDDYX dropped -32.74% vs EMXC's -42.81%.
EMXC currently has the higher Sharpe Ratio (2.74 vs 2.28), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for CDDYX and EMXC
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