HXEM.TO vs. HXS.TO
Compare and contrast key facts about Global X Emerging Markets Equity Index Corporate Class ETF (HXEM.TO) and Global X S&P 500 Index Corporate Class ETF (HXS.TO).
HXEM.TO and HXS.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HXEM.TO is a passively managed fund by Global X that tracks the performance of the Global X Emerging Markets Futures Roll Index (Total Return). It was launched on Aug 4, 2020. HXS.TO is a passively managed fund by Global X that tracks the performance of the S&P 500 Index. It was launched on Nov 30, 2010. Both HXEM.TO and HXS.TO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
HXEM.TO vs. HXS.TO - Performance Comparison
Loading graphics...
HXEM.TO vs. HXS.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
HXEM.TO Global X Emerging Markets Equity Index Corporate Class ETF | 4.95% | 26.46% | 14.53% | 7.09% | -16.39% | -2.71% | 12.33% |
HXS.TO Global X S&P 500 Index Corporate Class ETF | -3.28% | 11.93% | 34.98% | 23.22% | -12.72% | 27.30% | 8.00% |
Returns By Period
In the year-to-date period, HXEM.TO achieves a 4.95% return, which is significantly higher than HXS.TO's -3.28% return.
HXEM.TO
- 1D
- 3.92%
- 1M
- -7.43%
- YTD
- 4.95%
- 6M
- 7.44%
- 1Y
- 27.91%
- 3Y*
- 16.05%
- 5Y*
- 5.13%
- 10Y*
- —
HXS.TO
- 1D
- 2.76%
- 1M
- -3.20%
- YTD
- -3.28%
- 6M
- -2.17%
- 1Y
- 13.01%
- 3Y*
- 18.86%
- 5Y*
- 13.61%
- 10Y*
- 14.34%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HXEM.TO vs. HXS.TO - Expense Ratio Comparison
HXEM.TO has a 0.25% expense ratio, which is higher than HXS.TO's 0.10% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
HXEM.TO vs. HXS.TO — Risk / Return Rank
HXEM.TO
HXS.TO
HXEM.TO vs. HXS.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Emerging Markets Equity Index Corporate Class ETF (HXEM.TO) and Global X S&P 500 Index Corporate Class ETF (HXS.TO). 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.
| HXEM.TO | HXS.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.39 | 0.70 | +0.68 |
Sortino ratioReturn per unit of downside risk | 1.89 | 1.07 | +0.82 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.17 | +0.11 |
Calmar ratioReturn relative to maximum drawdown | 2.20 | 1.16 | +1.05 |
Martin ratioReturn relative to average drawdown | 7.45 | 4.32 | +3.13 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| HXEM.TO | HXS.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.39 | 0.70 | +0.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | 0.90 | -0.59 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.87 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.96 | -0.52 |
Correlation
The correlation between HXEM.TO and HXS.TO is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
HXEM.TO vs. HXS.TO - Dividend Comparison
Neither HXEM.TO nor HXS.TO has paid dividends to shareholders.
Drawdowns
HXEM.TO vs. HXS.TO - Drawdown Comparison
The maximum HXEM.TO drawdown since its inception was -35.00%, which is greater than HXS.TO's maximum drawdown of -27.42%. Use the drawdown chart below to compare losses from any high point for HXEM.TO and HXS.TO.
Loading graphics...
Drawdown Indicators
| HXEM.TO | HXS.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.00% | -27.42% | -7.58% |
Max Drawdown (1Y)Largest decline over 1 year | -12.75% | -12.44% | -0.31% |
Max Drawdown (5Y)Largest decline over 5 years | -30.44% | -22.63% | -7.81% |
Max Drawdown (10Y)Largest decline over 10 years | — | -27.42% | — |
Current DrawdownCurrent decline from peak | -8.91% | -6.22% | -2.69% |
Average DrawdownAverage peak-to-trough decline | -14.12% | -3.57% | -10.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.80% | 3.33% | +0.47% |
Volatility
HXEM.TO vs. HXS.TO - Volatility Comparison
Global X Emerging Markets Equity Index Corporate Class ETF (HXEM.TO) has a higher volatility of 10.71% compared to Global X S&P 500 Index Corporate Class ETF (HXS.TO) at 5.16%. This indicates that HXEM.TO's price experiences larger fluctuations and is considered to be riskier than HXS.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| HXEM.TO | HXS.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.71% | 5.16% | +5.55% |
Volatility (6M)Calculated over the trailing 6-month period | 14.85% | 9.53% | +5.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.21% | 18.62% | +1.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.49% | 15.14% | +1.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.55% | 16.53% | +0.02% |