EMXC.DE vs. JREM.DE

Last updated Jun 5, 2026

EMXC.DE (Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc) and JREM.DE (JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (acc)) are both Emerging Markets Equities funds - EMXC.DE tracks the MSCI EM NR USD while JREM.DE tracks the JP Morgan Global Emerging Markets Research Enhanced Index Equity (ESG). Both are passively managed. Over the past 5 years, EMXC.DE returned 13.66%/yr vs 8.30%/yr for JREM.DE. Their correlation of 0.87 suggests significant overlap in exposure. EMXC.DE charges 0.15%/yr vs 0.30%/yr for JREM.DE.

Performance

EMXC.DE vs. JREM.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc (EMXC.DE) and JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JREM.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EMXC.DE achieves a 40.23% return, which is significantly higher than JREM.DE's 30.82% return.

EMXC.DE

• 1D: -1.80%
• 1M: 8.39%
• YTD: 40.23%
• 6M: 44.14%
• 1Y: 69.02%
• 3Y*: 25.05%
• 5Y*: 13.66%
• 10Y*: —

JREM.DE

• 1D: -1.57%
• 1M: 6.61%
• YTD: 30.82%
• 6M: 32.74%
• 1Y: 54.32%
• 3Y*: 21.35%
• 5Y*: 8.30%
• 10Y*: —

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

EMXC.DE vs. JREM.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
EMXC.DE Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc	40.23%	19.92%	9.13%	14.33%	-13.60%	17.56%	2.27%	6.14%
JREM.DE JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (acc)	30.82%	19.77%	12.75%	4.21%	-15.62%	4.87%	8.43%	9.44%

Correlation

The correlation between EMXC.DE and JREM.DE is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.85
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (All Time) Calculated using the full available price history since Jul 11, 2019	0.87

The correlation between EMXC.DE and JREM.DE has been stable across timeframes, ranging from 0.85 to 0.94 - a consistent structural relationship.

Return for Risk

EMXC.DE vs. JREM.DE — Risk / Return Rank

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

EMXC.DE

EMXC.DE Risk / Return Rank: 92
EMXC.DE Sharpe Ratio Rank: 93
EMXC.DE Sortino Ratio Rank: 92
EMXC.DE Omega Ratio Rank: 92
EMXC.DE Calmar Ratio Rank: 91
EMXC.DE Martin Ratio Rank: 91

JREM.DE

JREM.DE Risk / Return Rank: 89
JREM.DE Sharpe Ratio Rank: 89
JREM.DE Sortino Ratio Rank: 88
JREM.DE Omega Ratio Rank: 88
JREM.DE Calmar Ratio Rank: 89
JREM.DE Martin Ratio Rank: 89

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.

EMXC.DE vs. JREM.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 JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JREM.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	JREM.DE	Difference
Sharpe ratio: Return per unit of total volatility	3.46	2.99	+0.47
Sortino ratio: Return per unit of downside risk	4.43	3.96	+0.48
Omega ratio: Gain probability vs. loss probability	1.62	1.54	+0.08
Calmar ratio: Return relative to maximum drawdown	5.78	5.31	+0.48
Martin ratio: Return relative to average drawdown	21.97	19.31	+2.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EMXC.DE vs. JREM.DE - Sharpe Ratio Comparison

The current EMXC.DE Sharpe Ratio is 3.46, which is comparable to the JREM.DE Sharpe Ratio of 2.99. The chart below compares the historical Sharpe Ratios of EMXC.DE and JREM.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EMXC.DE	JREM.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.46	2.99	+0.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.85	0.48	+0.37
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	0.56	+0.13

Drawdowns

EMXC.DE vs. JREM.DE - Drawdown Comparison

The maximum EMXC.DE drawdown since its inception was -38.77%, which is greater than JREM.DE's maximum drawdown of -30.28%. Use the drawdown chart below to compare losses from any high point for EMXC.DE and JREM.DE.

Drawdown Indicators

	EMXC.DE	JREM.DE	Difference
Max Drawdown Largest peak-to-trough decline	-38.77%	-30.28%	-8.49%
Max Drawdown (1Y) Largest decline over 1 year	-11.87%	-10.19%	-1.68%
Max Drawdown (3Y) Largest decline over 3 years	-20.48%	-19.29%	-1.19%
Max Drawdown (5Y) Largest decline over 5 years	-20.48%	-25.75%	+5.27%
Current Drawdown Current decline from peak	-2.53%	-2.47%	-0.06%
Average Drawdown Average peak-to-trough decline	-6.73%	-10.68%	+3.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.13%	2.81%	+0.32%

Volatility

EMXC.DE vs. JREM.DE - Volatility Comparison

Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc (EMXC.DE) has a higher volatility of 8.44% compared to JPMorgan Global Emerging Markets Research Enhanced Index Equity (ESG) UCITS ETF USD (acc) (JREM.DE) at 7.19%. This indicates that EMXC.DE's price experiences larger fluctuations and is considered to be riskier than JREM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EMXC.DE	JREM.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.44%	7.19%	+1.25%
Volatility (6M) Calculated over the trailing 6-month period	17.23%	15.32%	+1.91%
Volatility (1Y) Calculated over the trailing 1-year period	19.85%	18.09%	+1.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.83%	16.94%	-1.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.50%	18.97%	-0.47%

EMXC.DE vs. JREM.DE - Expense Ratio Comparison

EMXC.DE has a 0.15% expense ratio, which is lower than JREM.DE's 0.30% expense ratio.

Dividends

EMXC.DE vs. JREM.DE - Dividend Comparison

Neither EMXC.DE nor JREM.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both EMXC.DE and JREM.DE in my portfolio?

With a correlation of 0.94, EMXC.DE and JREM.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.

Which ETF is better, EMXC.DE or JREM.DE?

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.

Which ETF is cheaper, EMXC.DE or JREM.DE?

EMXC.DE is cheaper with a 0.15% expense ratio, compared with 0.30% for JREM.DE.

What is the main difference between EMXC.DE and JREM.DE?

EMXC.DE tracks MSCI EM NR USD, while JREM.DE tracks JP Morgan Global Emerging Markets Research Enhanced Index Equity (ESG). They also come from different issuers: Amundi and JPMorgan. Their fees differ too: 0.15% for EMXC.DE and 0.30% for JREM.DE.