DBXD.DE vs. EMXC.DE
DBXD.DE (Xtrackers DAX UCITS ETF 1C) and EMXC.DE (Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc) are both exchange-traded funds - DBXD.DE is a Europe Equities fund tracking the DAX®, while EMXC.DE is a Emerging Markets Equities fund tracking the MSCI EM NR USD. Both are passively managed. Over the past 5 years, DBXD.DE returned 9.27%/yr vs 11.87%/yr for EMXC.DE. A 0.61 correlation means they provide meaningful diversification when combined. DBXD.DE charges 0.09%/yr vs 0.15%/yr for EMXC.DE.
Performance
DBXD.DE vs. EMXC.DE - Performance Comparison
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Returns By Period
In the year-to-date period, DBXD.DE achieves a 0.89% return, which is significantly lower than EMXC.DE's 30.36% return.
DBXD.DE
- 1D
- -0.34%
- 1M
- -0.73%
- 6M
- -2.21%
- YTD
- 0.89%
- 1Y
- 1.76%
- 3Y*
- 14.95%
- 5Y*
- 9.27%
- 10Y*
- 9.03%
EMXC.DE
- 1D
- -1.60%
- 1M
- -12.60%
- 6M
- 21.10%
- YTD
- 30.36%
- 1Y
- 49.32%
- 3Y*
- 21.90%
- 5Y*
- 11.87%
- 10Y*
- —
DBXD.DE vs. EMXC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
DBXD.DE Xtrackers DAX UCITS ETF 1C | 0.89% | 22.65% | 18.18% | 19.60% | -12.74% | 15.26% | 3.11% | 7.63% |
EMXC.DE Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc | 30.36% | 19.92% | 9.13% | 14.31% | -13.59% | 17.56% | 2.25% | -4.50% |
Correlation
The correlation between DBXD.DE and EMXC.DE is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Jun 20, 2019 | 0.61 |
The correlation between DBXD.DE and EMXC.DE has been stable across timeframes, ranging from 0.55 to 0.61 - a consistent structural relationship.
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Return for Risk
DBXD.DE vs. EMXC.DE — Risk / Return Rank
DBXD.DE
EMXC.DE
DBXD.DE vs. EMXC.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers DAX UCITS ETF 1C (DBXD.DE) and Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc (EMXC.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.
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.
| DBXD.DE | EMXC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.00 | ||
| Sortino ratioReturn per unit of downside risk | -2.49 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.37 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | 0.12 | 3.51 | -3.40 |
| Martin ratioReturn relative to average drawdown | 0.36 | 12.15 | -11.79 |
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Drawdowns
DBXD.DE vs. EMXC.DE - Drawdown Comparison
The maximum DBXD.DE drawdown since its inception was -54.83%, which is greater than EMXC.DE's maximum drawdown of -40.89%. Use the drawdown chart below to compare losses from any high point for DBXD.DE and EMXC.DE.
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Drawdown Indicators
| DBXD.DE | EMXC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.83% | -40.89% | -13.94% |
Max Drawdown (1Y)Largest decline over 1 year | -12.32% | -13.66% | +1.34% |
Max Drawdown (3Y)Largest decline over 3 years | -15.92% | -20.47% | +4.55% |
Max Drawdown (5Y)Largest decline over 5 years | -26.70% | -20.47% | -6.23% |
Max Drawdown (10Y)Largest decline over 10 years | -38.83% | — | — |
Current DrawdownCurrent decline from peak | -3.84% | -13.66% | +9.82% |
Average DrawdownAverage peak-to-trough decline | -11.27% | -7.73% | -3.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.95% | 3.95% | 0.00% |
Volatility
DBXD.DE vs. EMXC.DE - Volatility Comparison
The current volatility for Xtrackers DAX UCITS ETF 1C (DBXD.DE) is 4.65%, while Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc (EMXC.DE) has a volatility of 9.94%. This indicates that DBXD.DE experiences smaller price fluctuations and is considered to be less risky than EMXC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DBXD.DE | EMXC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.65% | 9.94% | -5.29% |
Volatility (6M)Calculated over the trailing 6-month period | 13.55% | 20.82% | -7.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.28% | 23.00% | -6.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.19% | 16.71% | +0.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.09% | 19.20% | -1.11% |
DBXD.DE vs. EMXC.DE - Expense Ratio Comparison
DBXD.DE has a 0.09% expense ratio, which is lower than EMXC.DE's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
DBXD.DE vs. EMXC.DE - Dividend Comparison
Neither DBXD.DE nor EMXC.DE has paid dividends to shareholders.
Frequently Asked Questions
DBXD.DE and EMXC.DE have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DBXD.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DBXD.DE is cheaper with a 0.09% expense ratio, compared with 0.15% for EMXC.DE.
DBXD.DE is categorized as Europe Equities, while EMXC.DE is Emerging Markets Equities. DBXD.DE tracks DAX®, while EMXC.DE tracks MSCI EM NR USD. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.09% for DBXD.DE and 0.15% for EMXC.DE.
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