EMXC.DE vs. XGLF.DE
EMXC.DE (Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc) and XGLF.DE (Xtrackers MSCI GCC Select Swap UCITS ETF (Acc)) are both Emerging Markets Equities funds - EMXC.DE tracks the MSCI EM NR USD while XGLF.DE tracks the MSCI GCC Countries ex Select Securities Index. Both are passively managed. Over the past 5 years, EMXC.DE returned 12.61%/yr vs 5.40%/yr for XGLF.DE. At a 0.45 correlation, their price movements are largely independent. EMXC.DE charges 0.15%/yr vs 0.65%/yr for XGLF.DE.
Performance
EMXC.DE vs. XGLF.DE - Performance Comparison
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Returns By Period
In the year-to-date period, EMXC.DE achieves a 34.70% return, which is significantly higher than XGLF.DE's 6.19% return.
EMXC.DE
- 1D
- -0.87%
- 1M
- -6.26%
- 6M
- 26.24%
- YTD
- 34.70%
- 1Y
- 54.96%
- 3Y*
- 23.18%
- 5Y*
- 12.61%
- 10Y*
- —
XGLF.DE
- 1D
- 1.04%
- 1M
- 0.25%
- 6M
- 0.08%
- YTD
- 6.19%
- 1Y
- 4.64%
- 3Y*
- 3.71%
- 5Y*
- 5.40%
- 10Y*
- 7.56%
EMXC.DE vs. XGLF.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
EMXC.DE Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc | 34.70% | 19.92% | 9.13% | 14.31% | -13.59% | 17.56% | 2.25% | -4.50% |
XGLF.DE Xtrackers MSCI GCC Select Swap UCITS ETF (Acc) | 6.19% | -5.36% | 9.58% | 0.55% | 1.24% | 48.84% | -9.49% | -4.16% |
Correlation
The correlation between EMXC.DE and XGLF.DE is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Jun 20, 2019 | 0.45 |
The correlation between EMXC.DE and XGLF.DE shifts across timeframes, from 0.33 (1 year) to 0.45 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
EMXC.DE vs. XGLF.DE — Risk / Return Rank
EMXC.DE
XGLF.DE
EMXC.DE vs. XGLF.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 Xtrackers MSCI GCC Select Swap UCITS ETF (Acc) (XGLF.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 | XGLF.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.02 | ||
| Sortino ratioReturn per unit of downside risk | +2.44 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.07 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 4.61 | 0.51 | +4.10 |
| Martin ratioReturn relative to average drawdown | 14.47 | 1.11 | +13.35 |
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Drawdowns
EMXC.DE vs. XGLF.DE - Drawdown Comparison
The maximum EMXC.DE drawdown since its inception was -40.89%, roughly equal to the maximum XGLF.DE drawdown of -42.15%. Use the drawdown chart below to compare losses from any high point for EMXC.DE and XGLF.DE.
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Drawdown Indicators
| EMXC.DE | XGLF.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.89% | -42.15% | +1.26% |
Max Drawdown (1Y)Largest decline over 1 year | -11.87% | -9.05% | -2.82% |
Max Drawdown (3Y)Largest decline over 3 years | -20.47% | -18.41% | -2.06% |
Max Drawdown (5Y)Largest decline over 5 years | -20.47% | -31.29% | +10.82% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.16% | — |
Current DrawdownCurrent decline from peak | -10.78% | -17.67% | +6.89% |
Average DrawdownAverage peak-to-trough decline | -7.72% | -18.25% | +10.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.79% | 4.16% | -0.37% |
Volatility
EMXC.DE vs. XGLF.DE - Volatility Comparison
Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc (EMXC.DE) has a higher volatility of 10.55% compared to Xtrackers MSCI GCC Select Swap UCITS ETF (Acc) (XGLF.DE) at 3.71%. This indicates that EMXC.DE's price experiences larger fluctuations and is considered to be riskier than XGLF.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 | XGLF.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.55% | 3.71% | +6.84% |
Volatility (6M)Calculated over the trailing 6-month period | 20.67% | 8.99% | +11.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.90% | 12.56% | +10.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.68% | 15.36% | +1.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.19% | 18.33% | +0.86% |
EMXC.DE vs. XGLF.DE - Expense Ratio Comparison
EMXC.DE has a 0.15% expense ratio, which is lower than XGLF.DE's 0.65% expense ratio.
Dividends
EMXC.DE vs. XGLF.DE - Dividend Comparison
Neither EMXC.DE nor XGLF.DE has paid dividends to shareholders.
Frequently Asked Questions
EMXC.DE and XGLF.DE have a correlation of 0.33, 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 0.65% for XGLF.DE.
EMXC.DE tracks MSCI EM NR USD, while XGLF.DE tracks MSCI GCC Countries ex Select Securities Index. They also come from different issuers: Amundi and Xtrackers. Their fees differ too: 0.15% for EMXC.DE and 0.65% for XGLF.DE.
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