EMXC.DE vs. 84X0.DE
EMXC.DE (Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc) and 84X0.DE (iShares MSCI EM ex-China UCITS ETF USD Acc) are both Emerging Markets Equities funds - EMXC.DE tracks the MSCI EM NR USD while 84X0.DE tracks the MSCI Emerging Markets ex China Index (Net). Both are passively managed. Over the past year, EMXC.DE returned 69.02% vs 68.88% for 84X0.DE. Their correlation of 0.94 suggests significant overlap in exposure. EMXC.DE charges 0.15%/yr vs 0.18%/yr for 84X0.DE.
Performance
EMXC.DE vs. 84X0.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with EMXC.DE having a 40.23% return and 84X0.DE slightly higher at 40.37%.
EMXC.DE
- 1D
- -1.80%
- 1M
- 8.39%
- YTD
- 40.23%
- 6M
- 44.14%
- 1Y
- 69.02%
- 3Y*
- 25.05%
- 5Y*
- 13.66%
- 10Y*
- —
84X0.DE
- 1D
- -1.73%
- 1M
- 8.33%
- YTD
- 40.37%
- 6M
- 44.02%
- 1Y
- 68.88%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EMXC.DE vs. 84X0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
EMXC.DE Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc | 40.23% | 19.92% | 9.13% | 7.87% |
84X0.DE iShares MSCI EM ex-China UCITS ETF USD Acc | 40.37% | 19.85% | 9.62% | 7.38% |
Correlation
The correlation between EMXC.DE and 84X0.DE is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Nov 6, 2023 | 0.94 |
The correlation between EMXC.DE and 84X0.DE has been stable across timeframes, ranging from 0.94 to 0.99 - 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
EMXC.DE vs. 84X0.DE — Risk / Return Rank
EMXC.DE
84X0.DE
EMXC.DE vs. 84X0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc (EMXC.DE) and iShares MSCI EM ex-China UCITS ETF USD Acc (84X0.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.
| EMXC.DE | 84X0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.62 | 1.64 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 5.78 | 5.88 | -0.09 |
| Martin ratioReturn relative to average drawdown | 21.97 | 21.92 | +0.05 |
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
| EMXC.DE | 84X0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.46 | 3.52 | -0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.85 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.69 | 1.77 | -1.07 |
Drawdowns
EMXC.DE vs. 84X0.DE - Drawdown Comparison
The maximum EMXC.DE drawdown since its inception was -38.77%, which is greater than 84X0.DE's maximum drawdown of -19.72%. Use the drawdown chart below to compare losses from any high point for EMXC.DE and 84X0.DE.
Loading charts...
Drawdown Indicators
| EMXC.DE | 84X0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.77% | -19.72% | -19.05% |
Max Drawdown (1Y)Largest decline over 1 year | -11.87% | -11.66% | -0.21% |
Max Drawdown (3Y)Largest decline over 3 years | -20.48% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -20.48% | — | — |
Current DrawdownCurrent decline from peak | -2.53% | -2.49% | -0.04% |
Average DrawdownAverage peak-to-trough decline | -6.73% | -2.70% | -4.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.13% | 3.13% | 0.00% |
Volatility
EMXC.DE vs. 84X0.DE - Volatility Comparison
Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc (EMXC.DE) and iShares MSCI EM ex-China UCITS ETF USD Acc (84X0.DE) have volatilities of 8.44% and 8.41%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EMXC.DE | 84X0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.44% | 8.41% | +0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 17.23% | 16.93% | +0.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.85% | 19.46% | +0.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.83% | 17.11% | -1.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.50% | 17.11% | +1.39% |
EMXC.DE vs. 84X0.DE - Expense Ratio Comparison
EMXC.DE has a 0.15% expense ratio, which is lower than 84X0.DE's 0.18% 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
EMXC.DE vs. 84X0.DE - Dividend Comparison
Neither EMXC.DE nor 84X0.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.99, EMXC.DE and 84X0.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, EMXC.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EMXC.DE is cheaper with a 0.15% expense ratio, compared with 0.18% for 84X0.DE.
EMXC.DE tracks MSCI EM NR USD, while 84X0.DE tracks MSCI Emerging Markets ex China Index (Net). They also come from different issuers: Amundi and iShares. Their fees differ too: 0.15% for EMXC.DE and 0.18% for 84X0.DE.
Find the right allocation for EMXC.DE and 84X0.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