EMXC vs. IDV

Last updated Jun 13, 2026

EMXC (iShares MSCI Emerging Markets ex China ETF) and IDV (iShares International Select Dividend ETF) are both exchange-traded funds - EMXC is a Emerging Markets Equities fund tracking the MSCI Emerging Markets ex China Index, while IDV is a Global Equities fund tracking the Dow Jones EPAC Select Dividend. Both are passively managed. Over the past 5 years, EMXC returned 12.14%/yr vs 12.17%/yr for IDV. A 0.71 correlation means they provide meaningful diversification when combined. Both charge a 0.49% expense ratio.

Performance

EMXC vs. IDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Emerging Markets ex China ETF (EMXC) and iShares International Select Dividend ETF (IDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EMXC achieves a 37.25% return, which is significantly higher than IDV's 13.60% return.

EMXC

• 1D: 0.55%
• 1M: 3.75%
• YTD: 37.25%
• 6M: 42.23%
• 1Y: 65.26%
• 3Y*: 26.47%
• 5Y*: 12.14%
• 10Y*: —

IDV

• 1D: 0.31%
• 1M: -0.71%
• YTD: 13.60%
• 6M: 15.83%
• 1Y: 35.03%
• 3Y*: 25.11%
• 5Y*: 12.17%
• 10Y*: 10.92%

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

EMXC vs. IDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EMXC iShares MSCI Emerging Markets ex China ETF	37.25%	35.14%	2.68%	18.96%	-19.56%	8.54%	12.76%	15.80%	-12.96%	7.16%
IDV iShares International Select Dividend ETF	13.60%	52.16%	4.00%	10.32%	-6.40%	12.00%	-5.94%	23.56%	-10.37%	3.08%

Correlation

The correlation between EMXC and IDV is 0.62, 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	0.62
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (5Y) Calculated over the trailing 5-year period	0.73
Correlation (All Time) Calculated using the full available price history since Jul 26, 2017	0.71

The correlation between EMXC and IDV shifts across timeframes, from 0.62 (1 year) to 0.73 (5 years), reflecting how their relationship changes across market environments.

EMXC vs. IDV - Sectors Allocation Comparison

Sectors	EMXC	IDV
Technology	45.0%	0.9%
Financial Services	19.6%	30.1%
Industrials	8.3%	6.7%
Basic Materials	6.8%	5.8%
Consumer Cyclical	4.5%	9.6%
Energy	4.2%	15.6%
Communication Services	3.4%	10.0%
Consumer Defensive	2.9%	7.2%
Utilities	2.3%	11.8%
Healthcare	2.2%	-
Real Estate	1.0%	2.4%

Return for Risk

EMXC vs. IDV — Risk / Return Rank

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

EMXC

EMXC Risk / Return Rank: 89
EMXC Sharpe Ratio Rank: 91
EMXC Sortino Ratio Rank: 86
EMXC Omega Ratio Rank: 90
EMXC Calmar Ratio Rank: 88
EMXC Martin Ratio Rank: 89

IDV

IDV Risk / Return Rank: 88
IDV Sharpe Ratio Rank: 91
IDV Sortino Ratio Rank: 88
IDV Omega Ratio Rank: 89
IDV Calmar Ratio Rank: 85
IDV Martin Ratio Rank: 85

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 vs. IDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Emerging Markets ex China ETF (EMXC) and iShares International Select Dividend ETF (IDV). 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	IDV	Difference
Sharpe ratio: Return per unit of total volatility	2.74	2.69	+0.05
Sortino ratio: Return per unit of downside risk	3.35	3.52	-0.18
Omega ratio: Gain probability vs. loss probability	1.50	1.49	+0.01
Calmar ratio: Return relative to maximum drawdown	4.55	4.13	+0.42
Martin ratio: Return relative to average drawdown	17.51	15.32	+2.20

EMXC vs. IDV - Sharpe Ratio Comparison

The current EMXC Sharpe Ratio is 2.74, which is comparable to the IDV Sharpe Ratio of 2.69. The chart below compares the historical Sharpe Ratios of EMXC and IDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EMXC vs. IDV - Drawdown Comparison

The maximum EMXC drawdown since its inception was -42.81%, smaller than the maximum IDV drawdown of -70.14%. Use the drawdown chart below to compare losses from any high point for EMXC and IDV.

Drawdown Indicators

	EMXC	IDV	Difference
Max Drawdown Largest peak-to-trough decline	-42.81%	-70.14%	+27.33%
Max Drawdown (1Y) Largest decline over 1 year	-14.41%	-8.52%	-5.89%
Max Drawdown (3Y) Largest decline over 3 years	-19.12%	-11.86%	-7.26%
Max Drawdown (5Y) Largest decline over 5 years	-28.91%	-29.19%	+0.28%
Max Drawdown (10Y) Largest decline over 10 years	—	-42.50%	—
Current Drawdown Current decline from peak	-4.12%	-1.70%	-2.42%
Average Drawdown Average peak-to-trough decline	-10.17%	-15.38%	+5.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.74%	2.30%	+1.44%

Volatility

EMXC vs. IDV - Volatility Comparison

iShares MSCI Emerging Markets ex China ETF (EMXC) has a higher volatility of 12.83% compared to iShares International Select Dividend ETF (IDV) at 4.24%. This indicates that EMXC's price experiences larger fluctuations and is considered to be riskier than IDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EMXC	IDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.83%	4.24%	+8.59%
Volatility (6M) Calculated over the trailing 6-month period	21.90%	10.88%	+11.02%
Volatility (1Y) Calculated over the trailing 1-year period	23.90%	13.10%	+10.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.00%	15.58%	+2.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.07%	17.92%	+2.15%

EMXC vs. IDV - Expense Ratio Comparison

Both EMXC and IDV have an expense ratio of 0.49%.

Dividends

EMXC vs. IDV - Dividend Comparison

EMXC's dividend yield for the trailing twelve months is around 2.05%, less than IDV's 4.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EMXC iShares MSCI Emerging Markets ex China ETF	2.05%	2.82%	2.69%	1.83%	2.85%	1.78%	1.45%	3.25%	2.63%	0.99%	0.00%	0.00%
IDV iShares International Select Dividend ETF	4.40%	4.94%	6.46%	6.51%	7.33%	5.78%	5.47%	5.15%	5.93%	4.52%	4.69%	5.08%

Frequently Asked Questions

Can I hold both EMXC and IDV in my portfolio?

EMXC and IDV have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EMXC or IDV?

EMXC has higher volatility (12.83%) compared to IDV (4.24%). In terms of maximum drawdown, EMXC dropped -42.81% vs IDV's -70.14%.

Which ETF is better, EMXC or IDV?

On 5-year performance, IDV leads with 12.17% vs 12.14% for EMXC. Both ETFs have the same 0.49% expense ratio. On volatility, IDV has been the lower-risk option at 4.24%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EMXC or IDV?

Over the 5-year period, IDV has performed better with a 12.17% return vs 12.14%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EMXC or IDV?

EMXC and IDV have the same expense ratio: 0.49% per year.

Which ETF pays a higher dividend yield, EMXC or IDV?

IDV has the higher dividend yield at 4.40%, compared with 2.05% for EMXC.

What is the main difference between EMXC and IDV?

EMXC is categorized as Emerging Markets Equities, while IDV is Global Equities. EMXC tracks MSCI Emerging Markets ex China Index, while IDV tracks Dow Jones EPAC Select Dividend.

Which has better risk-adjusted returns?

EMXC currently has the higher Sharpe Ratio (2.74 vs 2.69), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.