EXCS.L vs. EEM
Compare and contrast key facts about iShares MSCI EM ex-China UCITS ETF USD (Acc) (EXCS.L) and iShares MSCI Emerging Markets ETF (EEM).
EXCS.L and EEM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EXCS.L is a passively managed fund by iShares that tracks the performance of the MSCI EM NR USD. It was launched on Apr 27, 2021. EEM is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Index. It was launched on Apr 11, 2003. Both EXCS.L and EEM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EXCS.L or EEM.
Key characteristics
| EXCS.L | EEM | |
|---|---|---|
| YTD Return | 7.46% | 7.35% |
| 1Y Return | 14.30% | 13.21% |
| Sharpe Ratio | 1.07 | 0.87 |
| Daily Std Dev | 12.95% | 14.46% |
| Max Drawdown | -14.45% | -66.44% |
| Current Drawdown | -4.52% | -20.18% |
Correlation
The correlation between EXCS.L and EEM is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
EXCS.L vs. EEM - Performance Comparison
The year-to-date returns for both stocks are quite close, with EXCS.L having a 7.46% return and EEM slightly lower at 7.35%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EXCS.L vs. EEM - Expense Ratio Comparison
EXCS.L has a 0.18% expense ratio, which is lower than EEM's 0.68% expense ratio.
Risk-Adjusted Performance
EXCS.L vs. EEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM ex-China UCITS ETF USD (Acc) (EXCS.L) and iShares MSCI Emerging Markets ETF (EEM). 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.
Dividends
EXCS.L vs. EEM - Dividend Comparison
EXCS.L has not paid dividends to shareholders, while EEM's dividend yield for the trailing twelve months is around 2.42%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EXCS.L iShares MSCI EM ex-China UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EEM iShares MSCI Emerging Markets ETF | 2.42% | 2.63% | 2.50% | 1.99% | 1.45% | 2.76% | 2.22% | 1.87% | 1.88% | 2.48% | 2.22% | 2.04% |
Drawdowns
EXCS.L vs. EEM - Drawdown Comparison
The maximum EXCS.L drawdown since its inception was -14.45%, smaller than the maximum EEM drawdown of -66.44%. Use the drawdown chart below to compare losses from any high point for EXCS.L and EEM. For additional features, visit the drawdowns tool.
Volatility
EXCS.L vs. EEM - Volatility Comparison
iShares MSCI EM ex-China UCITS ETF USD (Acc) (EXCS.L) has a higher volatility of 4.37% compared to iShares MSCI Emerging Markets ETF (EEM) at 4.03%. This indicates that EXCS.L's price experiences larger fluctuations and is considered to be riskier than EEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.