KSA vs. EMXC
Compare and contrast key facts about iShares MSCI Saudi Arabia ETF (KSA) and iShares MSCI Emerging Markets ex China ETF (EMXC).
KSA and EMXC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KSA is a passively managed fund by iShares that tracks the performance of the MSCI Saudi Arabia Investable Market Index (IMI) 25/50 Index. It was launched on Sep 16, 2015. EMXC is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets ex China Index. It was launched on Jul 19, 2017. Both KSA and EMXC 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: KSA or EMXC.
Key characteristics
| KSA | EMXC | |
|---|---|---|
| YTD Return | 1.63% | 1.82% |
| 1Y Return | 7.62% | 15.57% |
| 3Y Return (Ann) | 6.54% | -0.16% |
| 5Y Return (Ann) | 6.11% | 4.99% |
| Sharpe Ratio | 0.50 | 1.19 |
| Daily Std Dev | 14.13% | 12.82% |
| Max Drawdown | -40.56% | -42.80% |
| Current Drawdown | -11.97% | -6.07% |
Correlation
The correlation between KSA and EMXC is 0.46, 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.
Performance
KSA vs. EMXC - Performance Comparison
In the year-to-date period, KSA achieves a 1.63% return, which is significantly lower than EMXC's 1.82% return. 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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KSA vs. EMXC - Expense Ratio Comparison
KSA has a 0.74% expense ratio, which is higher than EMXC's 0.49% expense ratio.
Risk-Adjusted Performance
KSA vs. EMXC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Saudi Arabia ETF (KSA) and iShares MSCI Emerging Markets ex China ETF (EMXC). 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
KSA vs. EMXC - Dividend Comparison
KSA's dividend yield for the trailing twelve months is around 2.40%, more than EMXC's 1.80% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
KSA iShares MSCI Saudi Arabia ETF | 2.40% | 2.44% | 1.93% | 1.58% | 1.76% | 2.15% | 2.51% | 2.30% | 3.05% | 0.04% |
EMXC iShares MSCI Emerging Markets ex China ETF | 1.80% | 1.83% | 2.85% | 1.78% | 1.45% | 3.25% | 2.62% | 0.99% | 0.00% | 0.00% |
Drawdowns
KSA vs. EMXC - Drawdown Comparison
The maximum KSA drawdown since its inception was -40.56%, smaller than the maximum EMXC drawdown of -42.80%. Use the drawdown chart below to compare losses from any high point for KSA and EMXC. For additional features, visit the drawdowns tool.
Volatility
KSA vs. EMXC - Volatility Comparison
iShares MSCI Saudi Arabia ETF (KSA) and iShares MSCI Emerging Markets ex China ETF (EMXC) have volatilities of 4.19% and 4.15%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.