IQQE.DE vs. EMXC.DE
IQQE.DE (iShares MSCI EM UCITS ETF (Dist)) and EMXC.DE (Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc) are both Emerging Markets Equities funds - IQQE.DE tracks the MSCI Emerging Markets while EMXC.DE tracks the MSCI EM NR USD. Both are passively managed. Over the past 5 years, IQQE.DE returned 8.39%/yr vs 13.66%/yr for EMXC.DE. Their correlation of 0.88 suggests significant overlap in exposure. IQQE.DE charges 0.18%/yr vs 0.15%/yr for EMXC.DE.
Performance
IQQE.DE vs. EMXC.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IQQE.DE achieves a 27.09% return, which is significantly lower than EMXC.DE's 40.23% return.
IQQE.DE
- 1D
- -1.70%
- 1M
- 3.86%
- YTD
- 27.09%
- 6M
- 27.76%
- 1Y
- 48.91%
- 3Y*
- 20.70%
- 5Y*
- 8.39%
- 10Y*
- 9.82%
EMXC.DE
- 1D
- -1.80%
- 1M
- 5.62%
- YTD
- 40.23%
- 6M
- 42.71%
- 1Y
- 66.91%
- 3Y*
- 25.05%
- 5Y*
- 13.66%
- 10Y*
- —
IQQE.DE vs. EMXC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
IQQE.DE iShares MSCI EM UCITS ETF (Dist) | 27.09% | 19.76% | 13.75% | 5.63% | -14.17% | 4.20% | 7.47% | 7.43% |
EMXC.DE Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc | 40.23% | 19.92% | 9.13% | 14.33% | -13.60% | 17.56% | 2.27% | 6.14% |
Correlation
The correlation between IQQE.DE and EMXC.DE is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.94 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Jul 11, 2019 | 0.88 |
The correlation between IQQE.DE and EMXC.DE has been stable across timeframes, ranging from 0.86 to 0.94 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IQQE.DE vs. EMXC.DE — Risk / Return Rank
IQQE.DE
EMXC.DE
IQQE.DE vs. EMXC.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM UCITS ETF (Dist) (IQQE.DE) and Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc (EMXC.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.
| IQQE.DE | EMXC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.68 | ||
| Sortino ratioReturn per unit of downside risk | -0.74 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.62 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 4.59 | 5.78 | -1.19 |
| Martin ratioReturn relative to average drawdown | 16.67 | 21.97 | -5.30 |
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 charts...
Sharpe Ratios by Period
| IQQE.DE | EMXC.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.78 | 3.46 | -0.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | 0.85 | -0.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 0.69 | -0.43 |
Drawdowns
IQQE.DE vs. EMXC.DE - Drawdown Comparison
The maximum IQQE.DE drawdown since its inception was -59.33%, which is greater than EMXC.DE's maximum drawdown of -38.77%. Use the drawdown chart below to compare losses from any high point for IQQE.DE and EMXC.DE.
Loading charts...
Drawdown Indicators
| IQQE.DE | EMXC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.33% | -38.77% | -20.56% |
Max Drawdown (1Y)Largest decline over 1 year | -10.78% | -11.87% | +1.09% |
Max Drawdown (3Y)Largest decline over 3 years | -19.41% | -20.48% | +1.07% |
Max Drawdown (5Y)Largest decline over 5 years | -24.02% | -20.48% | -3.54% |
Max Drawdown (10Y)Largest decline over 10 years | -31.66% | — | — |
Current DrawdownCurrent decline from peak | -2.60% | -2.53% | -0.07% |
Average DrawdownAverage peak-to-trough decline | -12.99% | -6.73% | -6.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.98% | 3.13% | -0.15% |
Volatility
IQQE.DE vs. EMXC.DE - Volatility Comparison
The current volatility for iShares MSCI EM UCITS ETF (Dist) (IQQE.DE) is 7.24%, while Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc (EMXC.DE) has a volatility of 8.44%. This indicates that IQQE.DE experiences smaller price fluctuations and is considered to be less risky than EMXC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IQQE.DE | EMXC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.24% | 8.44% | -1.20% |
Volatility (6M)Calculated over the trailing 6-month period | 15.03% | 17.23% | -2.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.83% | 19.85% | -2.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.78% | 15.83% | +0.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.33% | 18.50% | -0.17% |
IQQE.DE vs. EMXC.DE - Expense Ratio Comparison
IQQE.DE has a 0.18% expense ratio, which is higher than EMXC.DE's 0.15% 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%.
Dividends
IQQE.DE vs. EMXC.DE - Dividend Comparison
IQQE.DE's dividend yield for the trailing twelve months is around 1.49%, while EMXC.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMXC.DE Lyxor MSCI Emerging Markets Ex China UCITS ETF - 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% |
IQQE.DE iShares MSCI EM UCITS ETF (Dist) | 1.49% | 1.87% | 2.19% | 2.34% | 2.91% | 1.99% | 1.53% | 1.75% | 1.94% | 1.42% | 1.83% | 2.22% |
Frequently Asked Questions
With a correlation of 0.94, IQQE.DE and EMXC.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
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 0.18% for IQQE.DE.
IQQE.DE tracks MSCI Emerging Markets, while EMXC.DE tracks MSCI EM NR USD. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.18% for IQQE.DE and 0.15% for EMXC.DE.
Find the right allocation for IQQE.DE and EMXC.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer