LEMB.L vs. SEMC.L
LEMB.L (Lyxor iBoxx USD Liquid Emerging Markets Sovereigns UCITS ETF - Dist) and SEMC.L (UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1-5 UCITS ETF (USD) A-dis) are both Emerging Markets Bonds funds tracking the JPM EMBI Global Diversified TR USD, from Amundi and UBS respectively. Both are passively managed. Over the past 5 years, LEMB.L returned 1.16%/yr vs 2.95%/yr for SEMC.L. At a 0.36 correlation, their price movements are largely independent. LEMB.L charges 0.30%/yr vs 0.42%/yr for SEMC.L.
Performance
LEMB.L vs. SEMC.L - Performance Comparison
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Different Trading Currencies
LEMB.L is traded in USD, while SEMC.L is traded in GBp. To make them comparable, the SEMC.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, LEMB.L achieves a 1.79% return, which is significantly lower than SEMC.L's 2.05% return.
LEMB.L
- 1D
- 0.25%
- 1M
- 0.96%
- YTD
- 1.79%
- 6M
- 2.28%
- 1Y
- 10.73%
- 3Y*
- 7.40%
- 5Y*
- 1.16%
- 10Y*
- 2.19%
SEMC.L
- 1D
- 0.08%
- 1M
- 0.45%
- YTD
- 2.05%
- 6M
- 2.92%
- 1Y
- 8.25%
- 3Y*
- 8.38%
- 5Y*
- 2.95%
- 10Y*
- —
LEMB.L vs. SEMC.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LEMB.L Lyxor iBoxx USD Liquid Emerging Markets Sovereigns UCITS ETF - Dist | 1.79% | 12.48% | 0.66% | 9.26% | -16.61% | -2.23% | 4.28% | 13.91% | -4.52% | 1.78% |
SEMC.L UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1-5 UCITS ETF (USD) A-dis | 2.05% | 10.24% | 7.28% | 7.45% | -10.17% | 0.62% | 2.59% | 8.65% | -0.87% | 0.42% |
Correlation
The correlation between LEMB.L and SEMC.L is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Nov 14, 2017 | 0.36 |
The correlation between LEMB.L and SEMC.L shifts across timeframes, from 0.30 (1 year) to 0.40 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
LEMB.L vs. SEMC.L — Risk / Return Rank
LEMB.L
SEMC.L
LEMB.L vs. SEMC.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lyxor iBoxx USD Liquid Emerging Markets Sovereigns UCITS ETF - Dist (LEMB.L) and UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1-5 UCITS ETF (USD) A-dis (SEMC.L). 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.
| LEMB.L | SEMC.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.24 | ||
| Sortino ratioReturn per unit of downside risk | +0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.32 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.86 | 3.63 | -0.77 |
| Martin ratioReturn relative to average drawdown | 11.44 | 17.37 | -5.93 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LEMB.L | SEMC.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.04 | 1.80 | +0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.13 | 0.48 | -0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.22 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.49 | -0.18 |
Drawdowns
LEMB.L vs. SEMC.L - Drawdown Comparison
The maximum LEMB.L drawdown since its inception was -27.40%, which is greater than SEMC.L's maximum drawdown of -16.63%. Use the drawdown chart below to compare losses from any high point for LEMB.L and SEMC.L.
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Drawdown Indicators
| LEMB.L | SEMC.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.40% | -16.63% | -10.77% |
Max Drawdown (1Y)Largest decline over 1 year | -3.74% | -2.26% | -1.48% |
Max Drawdown (3Y)Largest decline over 3 years | -8.59% | -2.61% | -5.98% |
Max Drawdown (5Y)Largest decline over 5 years | -26.85% | -16.63% | -10.22% |
Max Drawdown (10Y)Largest decline over 10 years | -27.40% | — | — |
Current DrawdownCurrent decline from peak | -0.02% | -0.15% | +0.13% |
Average DrawdownAverage peak-to-trough decline | -7.90% | -3.27% | -4.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.94% | 0.47% | +0.47% |
Volatility
LEMB.L vs. SEMC.L - Volatility Comparison
Lyxor iBoxx USD Liquid Emerging Markets Sovereigns UCITS ETF - Dist (LEMB.L) has a higher volatility of 2.05% compared to UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1-5 UCITS ETF (USD) A-dis (SEMC.L) at 1.45%. This indicates that LEMB.L's price experiences larger fluctuations and is considered to be riskier than SEMC.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LEMB.L | SEMC.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.05% | 1.45% | +0.60% |
Volatility (6M)Calculated over the trailing 6-month period | 4.20% | 3.69% | +0.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.25% | 4.56% | +0.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.89% | 6.09% | +2.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.18% | 6.42% | +3.76% |
LEMB.L vs. SEMC.L - Expense Ratio Comparison
LEMB.L has a 0.30% expense ratio, which is lower than SEMC.L's 0.42% expense ratio.
Dividends
LEMB.L vs. SEMC.L - Dividend Comparison
LEMB.L's dividend yield for the trailing twelve months is around 5.20%, less than SEMC.L's 5.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LEMB.L Lyxor iBoxx USD Liquid Emerging Markets Sovereigns UCITS ETF - Dist | 5.20% | 5.29% | 3.59% | 5.90% | 5.73% | 4.49% | 4.12% | 5.12% | 5.18% | 5.14% | 5.41% | 6.69% |
SEMC.L UBS ETF (LU) J.P. Morgan USD EM Diversified Bond 1-5 UCITS ETF (USD) A-dis | 5.78% | 6.51% | 5.02% | 5.04% | 3.98% | 3.97% | 4.77% | 5.18% | 1.98% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LEMB.L and SEMC.L have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LEMB.L is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LEMB.L is cheaper with a 0.30% expense ratio, compared with 0.42% for SEMC.L.
Both ETFs track JPM EMBI Global Diversified TR USD. They also come from different issuers: Amundi and UBS. Their fees differ too: 0.30% for LEMB.L and 0.42% for SEMC.L.
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