SEMA.L vs. XMME.DE
SEMA.L (iShares MSCI EM UCITS ETF (Acc)) and XMME.DE (Xtrackers MSCI Emerging Markets UCITS ETF 1C) are both Emerging Markets Equities funds - SEMA.L tracks the MSCI EM NR USD while XMME.DE tracks the MSCI Emerging Markets. Both are passively managed. Over the past 5 years, SEMA.L returned 8.58%/yr vs 8.78%/yr for XMME.DE. Their correlation of 0.94 suggests significant overlap in exposure. Both charge a 0.18% expense ratio.
Performance
SEMA.L vs. XMME.DE - Performance Comparison
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Different Trading Currencies
SEMA.L is traded in GBp, while XMME.DE is traded in EUR. To make them comparable, the XMME.DE values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, SEMA.L achieves a 26.04% return, which is significantly lower than XMME.DE's 28.88% return.
SEMA.L
- 1D
- -1.41%
- 1M
- 6.37%
- YTD
- 26.04%
- 6M
- 28.18%
- 1Y
- 53.95%
- 3Y*
- 20.93%
- 5Y*
- 8.58%
- 10Y*
- 10.90%
XMME.DE
- 1D
- -0.97%
- 1M
- 7.90%
- YTD
- 28.88%
- 6M
- 29.70%
- 1Y
- 55.84%
- 3Y*
- 21.57%
- 5Y*
- 8.78%
- 10Y*
- —
SEMA.L vs. XMME.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SEMA.L iShares MSCI EM UCITS ETF (Acc) | 26.04% | 25.09% | 9.38% | 3.47% | -10.74% | -1.60% | 14.69% | 12.62% | -9.25% | 8.06% |
XMME.DE Xtrackers MSCI Emerging Markets UCITS ETF 1C | 28.88% | 24.87% | 8.86% | 3.78% | -10.35% | -2.64% | 12.59% | 15.56% | -9.91% | 8.38% |
Correlation
The correlation between SEMA.L and XMME.DE is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.96 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Jun 27, 2017 | 0.94 |
The correlation between SEMA.L and XMME.DE has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.
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Return for Risk
SEMA.L vs. XMME.DE — Risk / Return Rank
SEMA.L
XMME.DE
SEMA.L vs. XMME.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM UCITS ETF (Acc) (SEMA.L) and Xtrackers MSCI Emerging Markets UCITS ETF 1C (XMME.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.
| SEMA.L | XMME.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.20 | ||
| Sortino ratioReturn per unit of downside risk | -0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.59 | 1.62 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 4.90 | 5.22 | -0.32 |
| Martin ratioReturn relative to average drawdown | 17.45 | 18.66 | -1.21 |
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
| SEMA.L | XMME.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.16 | 3.36 | -0.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.53 | 0.53 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.44 | -0.05 |
Drawdowns
SEMA.L vs. XMME.DE - Drawdown Comparison
The maximum SEMA.L drawdown since its inception was -31.75%, which is greater than XMME.DE's maximum drawdown of -27.82%. Use the drawdown chart below to compare losses from any high point for SEMA.L and XMME.DE.
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Drawdown Indicators
| SEMA.L | XMME.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.75% | -27.82% | -3.93% |
Max Drawdown (1Y)Largest decline over 1 year | -10.95% | -10.98% | +0.03% |
Max Drawdown (3Y)Largest decline over 3 years | -15.23% | -16.66% | +1.43% |
Max Drawdown (5Y)Largest decline over 5 years | -23.52% | -24.41% | +0.89% |
Max Drawdown (10Y)Largest decline over 10 years | -27.06% | — | — |
Current DrawdownCurrent decline from peak | -2.37% | -0.97% | -1.40% |
Average DrawdownAverage peak-to-trough decline | -10.72% | -10.06% | -0.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.08% | 3.08% | 0.00% |
Volatility
SEMA.L vs. XMME.DE - Volatility Comparison
iShares MSCI EM UCITS ETF (Acc) (SEMA.L) and Xtrackers MSCI Emerging Markets UCITS ETF 1C (XMME.DE) have volatilities of 7.29% and 7.38%, 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.
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Volatility by Period
| SEMA.L | XMME.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.29% | 7.38% | -0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 14.56% | 14.60% | -0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.00% | 17.05% | -0.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.21% | 16.44% | -0.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.05% | 18.35% | -0.30% |
SEMA.L vs. XMME.DE - Expense Ratio Comparison
Both SEMA.L and XMME.DE have an expense ratio of 0.18%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
SEMA.L vs. XMME.DE - Dividend Comparison
Neither SEMA.L nor XMME.DE has paid dividends to shareholders.
Frequently Asked Questions
With a correlation of 0.96, SEMA.L and XMME.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.
Both ETFs have the same 0.18% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
SEMA.L and XMME.DE have the same expense ratio: 0.18% per year.
SEMA.L tracks MSCI EM NR USD, while XMME.DE tracks MSCI Emerging Markets. They also come from different issuers: iShares and Xtrackers.
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