EMXC.DE vs. NQSE.DE
EMXC.DE (Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc) and NQSE.DE (iShares NASDAQ 100 UCITS ETF) are both exchange-traded funds - EMXC.DE is a Emerging Markets Equities fund tracking the MSCI EM NR USD, while NQSE.DE is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 5 years, EMXC.DE returned 11.87%/yr vs 11.89%/yr for NQSE.DE. A 0.62 correlation means they provide meaningful diversification when combined. EMXC.DE charges 0.15%/yr vs 0.33%/yr for NQSE.DE.
Performance
EMXC.DE vs. NQSE.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EMXC.DE achieves a 30.36% return, which is significantly higher than NQSE.DE's 10.53% return.
EMXC.DE
- 1D
- -1.60%
- 1M
- -12.60%
- 6M
- 21.10%
- YTD
- 30.36%
- 1Y
- 49.32%
- 3Y*
- 21.90%
- 5Y*
- 11.87%
- 10Y*
- —
NQSE.DE
- 1D
- -2.24%
- 1M
- -5.74%
- 6M
- 10.53%
- YTD
- 10.53%
- 1Y
- 21.18%
- 3Y*
- 20.13%
- 5Y*
- 11.89%
- 10Y*
- —
EMXC.DE vs. NQSE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
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% |
NQSE.DE iShares NASDAQ 100 UCITS ETF | 10.53% | 18.19% | 24.02% | 52.15% | -36.27% | 27.38% | 45.18% | 13.29% |
Correlation
The correlation between EMXC.DE and NQSE.DE is 0.73, 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 | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since Jun 20, 2019 | 0.62 |
The correlation between EMXC.DE and NQSE.DE shifts across timeframes, from 0.62 (all time) to 0.73 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
EMXC.DE vs. NQSE.DE — Risk / Return Rank
EMXC.DE
NQSE.DE
EMXC.DE vs. NQSE.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 NASDAQ 100 UCITS ETF (NQSE.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.
| EMXC.DE | NQSE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.89 | ||
| Sortino ratioReturn per unit of downside risk | +0.96 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.21 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 3.51 | 1.78 | +1.73 |
| Martin ratioReturn relative to average drawdown | 12.15 | 5.78 | +6.36 |
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Drawdowns
EMXC.DE vs. NQSE.DE - Drawdown Comparison
The maximum EMXC.DE drawdown since its inception was -40.89%, which is greater than NQSE.DE's maximum drawdown of -37.62%. Use the drawdown chart below to compare losses from any high point for EMXC.DE and NQSE.DE.
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Drawdown Indicators
| EMXC.DE | NQSE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.89% | -37.62% | -3.27% |
Max Drawdown (1Y)Largest decline over 1 year | -13.66% | -11.88% | -1.78% |
Max Drawdown (3Y)Largest decline over 3 years | -20.47% | -22.41% | +1.94% |
Max Drawdown (5Y)Largest decline over 5 years | -20.47% | -37.62% | +17.15% |
Current DrawdownCurrent decline from peak | -13.66% | -6.95% | -6.71% |
Average DrawdownAverage peak-to-trough decline | -7.73% | -8.49% | +0.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.95% | 3.67% | +0.28% |
Volatility
EMXC.DE vs. NQSE.DE - Volatility Comparison
Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc (EMXC.DE) has a higher volatility of 9.94% compared to iShares NASDAQ 100 UCITS ETF (NQSE.DE) at 6.20%. This indicates that EMXC.DE's price experiences larger fluctuations and is considered to be riskier than NQSE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EMXC.DE | NQSE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.94% | 6.20% | +3.74% |
Volatility (6M)Calculated over the trailing 6-month period | 20.82% | 13.90% | +6.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.00% | 17.71% | +5.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.71% | 21.19% | -4.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.20% | 21.60% | -2.40% |
EMXC.DE vs. NQSE.DE - Expense Ratio Comparison
EMXC.DE has a 0.15% expense ratio, which is lower than NQSE.DE's 0.33% expense ratio.
Dividends
EMXC.DE vs. NQSE.DE - Dividend Comparison
Neither EMXC.DE nor NQSE.DE has paid dividends to shareholders.
Frequently Asked Questions
EMXC.DE and NQSE.DE have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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 0.33% for NQSE.DE.
EMXC.DE is categorized as Emerging Markets Equities, while NQSE.DE is Nasdaq-100. EMXC.DE tracks MSCI EM NR USD, while NQSE.DE tracks NASDAQ-100 Index. They also come from different issuers: Amundi and iShares. Their fees differ too: 0.15% for EMXC.DE and 0.33% for NQSE.DE.
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