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XCEM vs. EDIV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


XCEMEDIV
YTD Return3.17%12.42%
1Y Return14.00%23.01%
3Y Return (Ann)0.29%10.34%
5Y Return (Ann)4.91%7.20%
Sharpe Ratio0.931.88
Sortino Ratio1.332.70
Omega Ratio1.171.34
Calmar Ratio0.922.89
Martin Ratio4.619.80
Ulcer Index2.89%2.43%
Daily Std Dev14.39%12.69%
Max Drawdown-40.92%-53.36%
Current Drawdown-7.58%-7.80%

Correlation

-0.50.00.51.00.7

The correlation between XCEM and EDIV is 0.71, 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 3.17% return, which is significantly lower than EDIV's 12.42% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
-0.35%
3.03%
XCEM
EDIV

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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.


EDIV
SPDR S&P Emerging Markets Dividend ETF
Expense ratio chart for EDIV: current value at 0.49% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.49%
Expense ratio chart for XCEM: current value at 0.16% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.16%

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.


XCEM
Sharpe ratio
The chart of Sharpe ratio for XCEM, currently valued at 0.93, compared to the broader market-2.000.002.004.000.93
Sortino ratio
The chart of Sortino ratio for XCEM, currently valued at 1.33, compared to the broader market-2.000.002.004.006.008.0010.0012.001.33
Omega ratio
The chart of Omega ratio for XCEM, currently valued at 1.17, compared to the broader market1.001.502.002.503.001.17
Calmar ratio
The chart of Calmar ratio for XCEM, currently valued at 0.92, compared to the broader market0.005.0010.0015.000.92
Martin ratio
The chart of Martin ratio for XCEM, currently valued at 4.61, compared to the broader market0.0020.0040.0060.0080.00100.00120.004.61
EDIV
Sharpe ratio
The chart of Sharpe ratio for EDIV, currently valued at 1.88, compared to the broader market-2.000.002.004.001.88
Sortino ratio
The chart of Sortino ratio for EDIV, currently valued at 2.70, compared to the broader market-2.000.002.004.006.008.0010.0012.002.70
Omega ratio
The chart of Omega ratio for EDIV, currently valued at 1.34, compared to the broader market1.001.502.002.503.001.34
Calmar ratio
The chart of Calmar ratio for EDIV, currently valued at 2.91, compared to the broader market0.005.0010.0015.002.91
Martin ratio
The chart of Martin ratio for EDIV, currently valued at 9.80, compared to the broader market0.0020.0040.0060.0080.00100.00120.009.80

XCEM vs. EDIV - Sharpe Ratio Comparison

The current XCEM Sharpe Ratio is 0.93, which is lower than the EDIV Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of XCEM and EDIV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
0.93
1.88
XCEM
EDIV

Dividends

XCEM vs. EDIV - Dividend Comparison

XCEM's dividend yield for the trailing twelve months is around 1.18%, less than EDIV's 3.60% yield.


TTM20232022202120202019201820172016201520142013
XCEM
Columbia EM Core ex-China ETF
1.18%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
3.60%4.26%4.94%3.84%3.52%3.83%3.41%2.99%4.93%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.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-7.58%
-7.80%
XCEM
EDIV

Volatility

XCEM vs. EDIV - Volatility Comparison

The current volatility for Columbia EM Core ex-China ETF (XCEM) is 3.56%, while SPDR S&P Emerging Markets Dividend ETF (EDIV) has a volatility of 4.00%. This indicates that XCEM experiences smaller price fluctuations and is considered to be less risky than EDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctoberNovember
3.56%
4.00%
XCEM
EDIV