KEMX vs. XCEM
Compare and contrast key facts about KraneShares MSCI Emerging Markets ex China Index ETF (KEMX) and Columbia EM Core ex-China ETF (XCEM).
KEMX and XCEM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KEMX is a passively managed fund by CICC that tracks the performance of the MSCI Emerging Markets ex China Index. It was launched on Apr 12, 2019. XCEM is a passively managed fund by Ameriprise Financial that tracks the performance of the MSCI Emerging Markets ex China Index. It was launched on Sep 2, 2015. Both KEMX and XCEM 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: KEMX or XCEM.
Key characteristics
| KEMX | XCEM | |
|---|---|---|
| YTD Return | 3.82% | 3.17% |
| 1Y Return | 14.69% | 14.00% |
| 3Y Return (Ann) | 0.43% | 0.29% |
| 5Y Return (Ann) | 6.01% | 4.91% |
| Sharpe Ratio | 0.93 | 0.93 |
| Sortino Ratio | 1.32 | 1.33 |
| Omega Ratio | 1.18 | 1.17 |
| Calmar Ratio | 0.92 | 0.92 |
| Martin Ratio | 4.64 | 4.61 |
| Ulcer Index | 3.06% | 2.89% |
| Daily Std Dev | 15.27% | 14.39% |
| Max Drawdown | -38.80% | -40.92% |
| Current Drawdown | -8.05% | -7.58% |
Correlation
The correlation between KEMX and XCEM is 0.90, 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
KEMX vs. XCEM - Performance Comparison
In the year-to-date period, KEMX achieves a 3.82% return, which is significantly higher than XCEM's 3.17% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
KEMX vs. XCEM - Expense Ratio Comparison
KEMX has a 0.25% expense ratio, which is higher than XCEM's 0.16% 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%.
Risk-Adjusted Performance
KEMX vs. XCEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for KraneShares MSCI Emerging Markets ex China Index ETF (KEMX) and Columbia EM Core ex-China ETF (XCEM). 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
KEMX vs. XCEM - Dividend Comparison
KEMX's dividend yield for the trailing twelve months is around 1.92%, more than XCEM's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
KEMX KraneShares MSCI Emerging Markets ex China Index ETF | 1.92% | 2.00% | 4.11% | 4.79% | 1.69% | 2.77% | 0.00% | 0.00% | 0.00% | 0.00% |
XCEM Columbia EM Core ex-China ETF | 1.18% | 1.22% | 2.42% | 1.94% | 1.63% | 2.11% | 3.24% | 8.57% | 1.24% | 2.57% |
Drawdowns
KEMX vs. XCEM - Drawdown Comparison
The maximum KEMX drawdown since its inception was -38.80%, smaller than the maximum XCEM drawdown of -40.92%. Use the drawdown chart below to compare losses from any high point for KEMX and XCEM. For additional features, visit the drawdowns tool.
Volatility
KEMX vs. XCEM - Volatility Comparison
KraneShares MSCI Emerging Markets ex China Index ETF (KEMX) has a higher volatility of 3.79% compared to Columbia EM Core ex-China ETF (XCEM) at 3.56%. This indicates that KEMX's price experiences larger fluctuations and is considered to be riskier than XCEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.