XCEM vs. EDIV
Compare and contrast key facts about Columbia EM Core ex-China ETF (XCEM) and SPDR S&P Emerging Markets Dividend ETF (EDIV).
XCEM and EDIV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XCEM is a passively managed fund by Ameriprise Financial that tracks the performance of the MSCI Emerging Markets ex China Index. It was launched on Sep 2, 2015. EDIV is a passively managed fund by State Street that tracks the performance of the S&P Emerging Markets Dividend Opportunities Index. It was launched on Feb 23, 2011. Both XCEM and EDIV 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: XCEM or EDIV.
Key characteristics
| XCEM | EDIV | |
|---|---|---|
| YTD Return | 4.39% | 11.62% |
| 1Y Return | 16.78% | 38.08% |
| 3Y Return (Ann) | 1.20% | 10.89% |
| 5Y Return (Ann) | 7.39% | 7.78% |
| Sharpe Ratio | 1.29 | 2.81 |
| Daily Std Dev | 12.80% | 13.96% |
| Max Drawdown | -40.92% | -53.36% |
| Current Drawdown | -1.41% | 0.00% |
Correlation
The correlation between XCEM and EDIV is 0.70, 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.
Performance
XCEM vs. EDIV - Performance Comparison
In the year-to-date period, XCEM achieves a 4.39% return, which is significantly lower than EDIV's 11.62% 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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XCEM vs. EDIV - Expense Ratio Comparison
XCEM has a 0.16% expense ratio, which is lower than EDIV's 0.49% expense ratio.
Risk-Adjusted Performance
XCEM vs. EDIV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia EM Core ex-China ETF (XCEM) and SPDR S&P Emerging Markets Dividend ETF (EDIV). 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
XCEM vs. EDIV - Dividend Comparison
XCEM's dividend yield for the trailing twelve months is around 1.17%, less than EDIV's 4.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XCEM Columbia EM Core ex-China ETF | 1.17% | 1.22% | 2.42% | 1.94% | 1.63% | 2.11% | 3.24% | 8.57% | 1.24% | 2.57% | 0.00% | 0.00% |
EDIV SPDR S&P Emerging Markets Dividend ETF | 4.16% | 4.26% | 4.94% | 3.84% | 3.52% | 3.83% | 3.41% | 2.99% | 4.94% | 5.33% | 4.84% | 5.13% |
Drawdowns
XCEM vs. EDIV - Drawdown Comparison
The maximum XCEM drawdown since its inception was -40.92%, smaller than the maximum EDIV drawdown of -53.36%. Use the drawdown chart below to compare losses from any high point for XCEM and EDIV. For additional features, visit the drawdowns tool.
Volatility
XCEM vs. EDIV - Volatility Comparison
Columbia EM Core ex-China ETF (XCEM) has a higher volatility of 3.17% compared to SPDR S&P Emerging Markets Dividend ETF (EDIV) at 2.77%. This indicates that XCEM's price experiences larger fluctuations and is considered to be riskier than EDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.