XC vs. EMDV
XC (WisdomTree Emerging Markets ex-China Fund) and EMDV (ProShares MSCI Emerging Markets Dividend Growers ETF) are both Emerging Markets Equities funds - XC tracks the WisdomTree Emerging Markets ex-China Index - Benchmark TR Net while EMDV tracks the MSCI Emerging Markets Dividend Masters Index. Both are passively managed. Over the past 3 years, XC returned 9.35%/yr vs 1.66%/yr for EMDV. Their 0.66 correlation means they have sometimes moved together and sometimes differently. XC charges 0.32%/yr vs 0.60%/yr for EMDV.
Performance
XC vs. EMDV - Performance Comparison
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Returns By Period
In the year-to-date period, XC achieves a 0.10% return, which is significantly lower than EMDV's 1.51% return.
XC
- 1D
- -0.09%
- 1M
- 1.18%
- 6M
- -3.23%
- YTD
- 0.10%
- 1Y
- 7.41%
- 3Y*
- 9.35%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 11.81%
EMDV
- 1D
- -0.18%
- 1M
- 4.30%
- 6M
- 0.72%
- YTD
- 1.51%
- 1Y
- 6.10%
- 3Y*
- 1.66%
- 5Y*
- -1.50%
- 10Y*
- 1.95%
- ALL TIME*
- 4.01%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.04K | $6.93K | $10.37K | |
| $811.45K | $489.30K | $569.06K |
XC vs. EMDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XC WisdomTree Emerging Markets ex-China Fund | 0.10% | 18.19% | 5.49% | 21.31% | 1.58% |
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF | 1.51% | 11.90% | 0.06% | -1.03% | 5.43% |
Correlation
The correlation between XC and EMDV is 0.73, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.73 |
Correlation (3Y) Balances recent behavior with more history. | 0.64 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2022 | 0.66 |
The correlation between XC and EMDV has been stable across timeframes, ranging from 0.64 to 0.73 - a consistent structural relationship.
XC vs. EMDV - Sectors Allocation Comparison
Sectors
XC
EMDV
Financial Services
Consumer Cyclical
Industrials
Basic Materials
Consumer Defensive
Communication Services
Healthcare
Energy
-
Real Estate
-
Utilities
Technology
Financial Services
XC
EMDV
Consumer Cyclical
XC
EMDV
Industrials
XC
EMDV
Basic Materials
XC
EMDV
Consumer Defensive
XC
EMDV
Communication Services
XC
EMDV
Healthcare
XC
EMDV
Energy
XC
EMDV
-
Real Estate
XC
EMDV
-
Utilities
XC
EMDV
Technology
XC
EMDV
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Return for Risk
XC vs. EMDV — Risk / Return Rank
XC
EMDV
XC vs. EMDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets ex-China Fund (XC) and ProShares MSCI Emerging Markets Dividend Growers ETF (EMDV). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XC | EMDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.10 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 0.61 | 0.81 | -0.20 |
| Martin ratioReturn relative to average drawdown | 1.48 | 1.92 | -0.44 |
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Drawdowns
XC vs. EMDV - Drawdown Comparison
The maximum XC drawdown since its inception was -20.97%, smaller than the maximum EMDV drawdown of -39.20%. Use the drawdown chart below to compare losses from any high point for XC and EMDV.
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Drawdown Indicators
| XC | EMDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.97% | -39.20% | +18.23% |
Max Drawdown (1Y)Largest decline over 1 year | -12.47% | -7.24% | -5.23% |
Max Drawdown (3Y)Largest decline over 3 years | -20.97% | -20.71% | -0.26% |
Max Drawdown (5Y)Largest decline over 5 years | — | -33.37% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.20% | — |
Current DrawdownCurrent decline from peak | -6.00% | -14.51% | +8.51% |
Average DrawdownAverage peak-to-trough decline | -4.25% | -13.59% | +9.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.14% | 3.04% | +2.10% |
Volatility
XC vs. EMDV - Volatility Comparison
WisdomTree Emerging Markets ex-China Fund (XC) has a higher volatility of 4.16% compared to ProShares MSCI Emerging Markets Dividend Growers ETF (EMDV) at 3.09%. This indicates that XC's price experiences larger fluctuations and is considered to be riskier than EMDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XC | EMDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.16% | 3.09% | +1.07% |
Volatility (6M)Calculated over the trailing 6-month period | 13.39% | 9.93% | +3.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.98% | 11.68% | +3.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.83% | 15.41% | +0.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.83% | 17.99% | -2.16% |
XC vs. EMDV - Expense Ratio Comparison
XC has a 0.32% expense ratio, which is lower than EMDV's 0.60% expense ratio.
Dividends
XC vs. EMDV - Dividend Comparison
XC's dividend yield for the trailing twelve months is around 12.01%, more than EMDV's 1.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF | 1.90% | 2.46% | 2.79% | 1.88% | 3.68% | 2.12% | 3.12% | 2.38% | 1.27% | 2.09% | 2.87% |
XC WisdomTree Emerging Markets ex-China Fund | 12.01% | 11.74% | 1.49% | 1.42% | 0.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XC and EMDV have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XC has higher volatility (4.16%) compared to EMDV (3.09%). In terms of maximum drawdown, XC dropped -20.97% vs EMDV's -39.20%.
On 3-year performance, XC leads with 9.35% vs 1.66% for EMDV. On fees, XC is cheaper at 0.32% per year. On volatility, EMDV has been the lower-risk option at 3.09%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, XC has performed better with a 9.35% return vs 1.66%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
XC is cheaper with a 0.32% expense ratio, compared with 0.60% for EMDV.
XC has the higher dividend yield at 12.01%, compared with 1.90% for EMDV.
XC tracks WisdomTree Emerging Markets ex-China Index - Benchmark TR Net, while EMDV tracks MSCI Emerging Markets Dividend Masters Index. They also come from different issuers: WisdomTree and ProShares. Their fees differ too: 0.32% for XC and 0.60% for EMDV.
XC currently has the higher Sharpe Ratio (0.51 vs 0.50), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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