EMIE.DE vs. XUEM.DE

Last updated Apr 2, 2026

Compare and contrast key facts about UBS ETF (LU) J.P. Morgan USD EM IG ESG Diversified Bond UCITS ETF (EUR Hedged) Acc (EMIE.DE) and Xtrackers USD Emerging Markets Bond UCITS ETF 2D (XUEM.DE).

EMIE.DE and XUEM.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EMIE.DE is a passively managed fund by UBS that tracks the performance of the JP Morgan USD Emerging Markets IG ESG Diversified Bond (EUR Hedged). It was launched on Aug 2, 2019. XUEM.DE is a passively managed fund by Xtrackers that tracks the performance of the JPM EMBI Global Diversified TR USD. It was launched on May 9, 2018. Both EMIE.DE and XUEM.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

EMIE.DE vs. XUEM.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in UBS ETF (LU) J.P. Morgan USD EM IG ESG Diversified Bond UCITS ETF (EUR Hedged) Acc (EMIE.DE) and Xtrackers USD Emerging Markets Bond UCITS ETF 2D (XUEM.DE). The values are adjusted to include any dividend payments, if applicable.

EMIE.DE vs. XUEM.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
EMIE.DE UBS ETF (LU) J.P. Morgan USD EM IG ESG Diversified Bond UCITS ETF (EUR Hedged) Acc	-1.54%	7.05%	-0.36%	3.88%	-19.72%	-2.93%	6.95%	2.47%
XUEM.DE Xtrackers USD Emerging Markets Bond UCITS ETF 2D	0.38%	0.43%	11.58%	6.72%	-14.47%	4.14%	-6.64%	2.53%

Returns By Period

In the year-to-date period, EMIE.DE achieves a -1.54% return, which is significantly lower than XUEM.DE's 0.38% return.

EMIE.DE

• 1D: 0.46%
• 1M: -2.03%
• YTD: -1.54%
• 6M: -1.26%
• 1Y: 2.56%
• 3Y*: 2.17%
• 5Y*: -2.35%
• 10Y*: —

XUEM.DE

• 1D: 0.08%
• 1M: -1.64%
• YTD: 0.38%
• 6M: 3.04%
• 1Y: 1.64%
• 3Y*: 6.11%
• 5Y*: 1.51%
• 10Y*: —

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

EMIE.DE vs. XUEM.DE - Expense Ratio Comparison

EMIE.DE has a 0.43% expense ratio, which is higher than XUEM.DE's 0.25% expense ratio.

EMIE.DE

UBS ETF (LU) J.P. Morgan USD EM IG ESG Diversified Bond UCITS ETF (EUR Hedged) Acc

XUEM.DE

Xtrackers USD Emerging Markets Bond UCITS ETF 2D

Return for Risk

EMIE.DE vs. XUEM.DE — Risk / Return Rank

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

EMIE.DE

EMIE.DE Risk / Return Rank: 27
EMIE.DE Sharpe Ratio Rank: 29
EMIE.DE Sortino Ratio Rank: 27
EMIE.DE Omega Ratio Rank: 26
EMIE.DE Calmar Ratio Rank: 26
EMIE.DE Martin Ratio Rank: 28

XUEM.DE

XUEM.DE Risk / Return Rank: 16
XUEM.DE Sharpe Ratio Rank: 16
XUEM.DE Sortino Ratio Rank: 14
XUEM.DE Omega Ratio Rank: 15
XUEM.DE Calmar Ratio Rank: 17
XUEM.DE Martin Ratio Rank: 19

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.

EMIE.DE vs. XUEM.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS ETF (LU) J.P. Morgan USD EM IG ESG Diversified Bond UCITS ETF (EUR Hedged) Acc (EMIE.DE) and Xtrackers USD Emerging Markets Bond UCITS ETF 2D (XUEM.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.

	EMIE.DE	XUEM.DE	Difference
Sharpe ratio Return per unit of total volatility	0.60	0.18	+0.42
Sortino ratio Return per unit of downside risk	0.84	0.30	+0.54
Omega ratio Gain probability vs. loss probability	1.11	1.05	+0.07
Calmar ratio Return relative to maximum drawdown	0.73	0.34	+0.39
Martin ratio Return relative to average drawdown	2.65	1.35	+1.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EMIE.DE vs. XUEM.DE - Sharpe Ratio Comparison

The current EMIE.DE Sharpe Ratio is 0.60, which is higher than the XUEM.DE Sharpe Ratio of 0.18. The chart below compares the historical Sharpe Ratios of EMIE.DE and XUEM.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EMIE.DE	XUEM.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.60	0.18	+0.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.35	0.17	-0.52
Sharpe Ratio (All Time) Calculated using the full available price history	-0.13	0.25	-0.38

Correlation

The correlation between EMIE.DE and XUEM.DE is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

EMIE.DE vs. XUEM.DE - Dividend Comparison

EMIE.DE has not paid dividends to shareholders, while XUEM.DE's dividend yield for the trailing twelve months is around 4.65%.

	TTM	2025	2024	2023	2022	2021	2020	2019
EMIE.DE UBS ETF (LU) J.P. Morgan USD EM IG ESG Diversified Bond UCITS ETF (EUR Hedged) Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XUEM.DE Xtrackers USD Emerging Markets Bond UCITS ETF 2D	4.65%	4.97%	6.06%	5.00%	5.62%	6.82%	4.07%	0.54%

Drawdowns

EMIE.DE vs. XUEM.DE - Drawdown Comparison

The maximum EMIE.DE drawdown since its inception was -26.98%, roughly equal to the maximum XUEM.DE drawdown of -26.83%. Use the drawdown chart below to compare losses from any high point for EMIE.DE and XUEM.DE.

Drawdown Indicators

	EMIE.DE	XUEM.DE	Difference
Max Drawdown Largest peak-to-trough decline	-26.98%	-26.83%	-0.15%
Max Drawdown (1Y) Largest decline over 1 year	-3.53%	-9.06%	+5.53%
Max Drawdown (5Y) Largest decline over 5 years	-25.83%	-17.85%	-7.98%
Current Drawdown Current decline from peak	-14.98%	-5.56%	-9.42%
Average Drawdown Average peak-to-trough decline	-12.65%	-10.49%	-2.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.97%	1.68%	-0.71%

Volatility

EMIE.DE vs. XUEM.DE - Volatility Comparison

The current volatility for UBS ETF (LU) J.P. Morgan USD EM IG ESG Diversified Bond UCITS ETF (EUR Hedged) Acc (EMIE.DE) is 1.49%, while Xtrackers USD Emerging Markets Bond UCITS ETF 2D (XUEM.DE) has a volatility of 2.12%. This indicates that EMIE.DE experiences smaller price fluctuations and is considered to be less risky than XUEM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EMIE.DE	XUEM.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.49%	2.12%	-0.63%
Volatility (6M) Calculated over the trailing 6-month period	2.42%	4.20%	-1.78%
Volatility (1Y) Calculated over the trailing 1-year period	4.24%	8.90%	-4.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.67%	8.78%	-2.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.02%	10.54%	-2.52%