LEMB.L vs. XUEM.L

Last updated Apr 2, 2026

Compare and contrast key facts about Lyxor iBoxx USD Liquid Emerging Markets Sovereigns UCITS ETF - Dist (LEMB.L) and Xtrackers USD Emerging Markets Bond UCITS ETF 2D (XUEM.L).

LEMB.L and XUEM.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LEMB.L is a passively managed fund by Amundi that tracks the performance of the JPM EMBI Global Diversified TR USD. It was launched on Oct 25, 2018. XUEM.L is a passively managed fund by Xtrackers that tracks the performance of the JPM EMBI Global Diversified TR USD. It was launched on May 9, 2018. Both LEMB.L and XUEM.L 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

LEMB.L vs. XUEM.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lyxor iBoxx USD Liquid Emerging Markets Sovereigns UCITS ETF - Dist (LEMB.L) and Xtrackers USD Emerging Markets Bond UCITS ETF 2D (XUEM.L). The values are adjusted to include any dividend payments, if applicable.

LEMB.L vs. XUEM.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
LEMB.L Lyxor iBoxx USD Liquid Emerging Markets Sovereigns UCITS ETF - Dist	-0.89%	12.48%	0.66%	9.26%	-16.61%	-2.23%	4.28%	13.91%	0.35%
XUEM.L Xtrackers USD Emerging Markets Bond UCITS ETF 2D	-0.71%	13.58%	6.08%	10.88%	-19.42%	-2.38%	3.07%	15.18%	-0.93%

Returns By Period

In the year-to-date period, LEMB.L achieves a -0.89% return, which is significantly lower than XUEM.L's -0.71% return.

LEMB.L

• 1D: 0.95%
• 1M: -1.65%
• YTD: -0.89%
• 6M: 1.94%
• 1Y: 8.12%
• 3Y*: 6.21%
• 5Y*: 1.26%
• 10Y*: 2.21%

XUEM.L

• 1D: 0.91%
• 1M: -2.11%
• YTD: -0.71%
• 6M: 2.40%
• 1Y: 10.05%
• 3Y*: 9.06%
• 5Y*: 1.91%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

LEMB.L vs. XUEM.L - Expense Ratio Comparison

LEMB.L has a 0.30% expense ratio, which is higher than XUEM.L's 0.25% expense ratio.

LEMB.L

Lyxor iBoxx USD Liquid Emerging Markets Sovereigns UCITS ETF - Dist

XUEM.L

Xtrackers USD Emerging Markets Bond UCITS ETF 2D

Return for Risk

LEMB.L vs. XUEM.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LEMB.L

LEMB.L Risk / Return Rank: 65
LEMB.L Sharpe Ratio Rank: 67
LEMB.L Sortino Ratio Rank: 65
LEMB.L Omega Ratio Rank: 67
LEMB.L Calmar Ratio Rank: 60
LEMB.L Martin Ratio Rank: 66

XUEM.L

XUEM.L Risk / Return Rank: 80
XUEM.L Sharpe Ratio Rank: 79
XUEM.L Sortino Ratio Rank: 83
XUEM.L Omega Ratio Rank: 81
XUEM.L Calmar Ratio Rank: 72
XUEM.L Martin Ratio Rank: 82

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LEMB.L vs. XUEM.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 Xtrackers USD Emerging Markets Bond UCITS ETF 2D (XUEM.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	XUEM.L	Difference
Sharpe ratio Return per unit of total volatility	1.27	1.58	-0.31
Sortino ratio Return per unit of downside risk	1.75	2.28	-0.53
Omega ratio Gain probability vs. loss probability	1.26	1.33	-0.07
Calmar ratio Return relative to maximum drawdown	1.75	2.16	-0.42
Martin ratio Return relative to average drawdown	7.62	10.34	-2.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LEMB.L vs. XUEM.L - Sharpe Ratio Comparison

The current LEMB.L Sharpe Ratio is 1.27, which is comparable to the XUEM.L Sharpe Ratio of 1.58. The chart below compares the historical Sharpe Ratios of LEMB.L and XUEM.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LEMB.L	XUEM.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.27	1.58	-0.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.14	0.22	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.22	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	0.25	+0.04

Correlation

The correlation between LEMB.L and XUEM.L is 0.91, 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.

Dividends

LEMB.L vs. XUEM.L - Dividend Comparison

LEMB.L's dividend yield for the trailing twelve months is around 5.34%, which matches XUEM.L's 5.37% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LEMB.L Lyxor iBoxx USD Liquid Emerging Markets Sovereigns UCITS ETF - Dist	5.34%	5.29%	3.59%	5.90%	5.73%	4.49%	4.12%	5.12%	5.18%	5.14%	5.41%	6.69%
XUEM.L Xtrackers USD Emerging Markets Bond UCITS ETF 2D	5.37%	5.30%	6.79%	5.27%	5.92%	8.49%	4.18%	0.61%	0.00%	0.00%	0.00%	0.00%

Drawdowns

LEMB.L vs. XUEM.L - Drawdown Comparison

The maximum LEMB.L drawdown since its inception was -27.40%, smaller than the maximum XUEM.L drawdown of -29.94%. Use the drawdown chart below to compare losses from any high point for LEMB.L and XUEM.L.

Drawdown Indicators

	LEMB.L	XUEM.L	Difference
Max Drawdown Largest peak-to-trough decline	-27.40%	-29.94%	+2.54%
Max Drawdown (1Y) Largest decline over 1 year	-4.84%	-5.26%	+0.42%
Max Drawdown (5Y) Largest decline over 5 years	-26.85%	-29.94%	+3.09%
Max Drawdown (10Y) Largest decline over 10 years	-27.40%	—	—
Current Drawdown Current decline from peak	-2.41%	-2.77%	+0.36%
Average Drawdown Average peak-to-trough decline	-7.98%	-7.98%	0.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.06%	0.98%	+0.08%

Volatility

LEMB.L vs. XUEM.L - Volatility Comparison

Lyxor iBoxx USD Liquid Emerging Markets Sovereigns UCITS ETF - Dist (LEMB.L) and Xtrackers USD Emerging Markets Bond UCITS ETF 2D (XUEM.L) have volatilities of 2.36% and 2.28%, 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.

Volatility by Period

	LEMB.L	XUEM.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.36%	2.28%	+0.08%
Volatility (6M) Calculated over the trailing 6-month period	3.35%	3.32%	+0.03%
Volatility (1Y) Calculated over the trailing 1-year period	6.41%	6.39%	+0.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.85%	8.86%	-0.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.16%	10.91%	-0.75%