XCEM vs. KEMX
Compare and contrast key facts about Columbia EM Core ex-China ETF (XCEM) and KraneShares MSCI Emerging Markets ex China Index ETF (KEMX).
XCEM and KEMX 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. KEMX is a passively managed fund by CICC that tracks the performance of the MSCI Emerging Markets ex China Index. It was launched on Apr 12, 2019. Both XCEM and KEMX 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 KEMX.
Key characteristics
| XCEM | KEMX | |
|---|---|---|
| YTD Return | 5.65% | 6.61% |
| 1Y Return | 17.58% | 18.45% |
| 3Y Return (Ann) | 1.01% | 1.35% |
| 5Y Return (Ann) | 4.88% | 6.28% |
| Sharpe Ratio | 1.17 | 1.17 |
| Sortino Ratio | 1.64 | 1.62 |
| Omega Ratio | 1.21 | 1.22 |
| Calmar Ratio | 1.11 | 1.12 |
| Martin Ratio | 5.94 | 5.95 |
| Ulcer Index | 2.82% | 2.99% |
| Daily Std Dev | 14.36% | 15.19% |
| Max Drawdown | -40.92% | -38.80% |
| Current Drawdown | -5.36% | -5.57% |
Correlation
The correlation between XCEM and KEMX is 0.90, 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. KEMX - Performance Comparison
In the year-to-date period, XCEM achieves a 5.65% return, which is significantly lower than KEMX's 6.61% 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. KEMX - Expense Ratio Comparison
XCEM has a 0.16% expense ratio, which is lower than KEMX's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
XCEM vs. KEMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia EM Core ex-China ETF (XCEM) and KraneShares MSCI Emerging Markets ex China Index ETF (KEMX). 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. KEMX - Dividend Comparison
XCEM's dividend yield for the trailing twelve months is around 1.15%, less than KEMX's 1.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
XCEM Columbia EM Core ex-China ETF | 1.15% | 1.22% | 2.42% | 1.94% | 1.63% | 2.11% | 3.24% | 8.57% | 1.24% | 2.57% |
KEMX KraneShares MSCI Emerging Markets ex China Index ETF | 1.87% | 2.00% | 4.11% | 4.79% | 1.69% | 2.77% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
XCEM vs. KEMX - Drawdown Comparison
The maximum XCEM drawdown since its inception was -40.92%, which is greater than KEMX's maximum drawdown of -38.80%. Use the drawdown chart below to compare losses from any high point for XCEM and KEMX. For additional features, visit the drawdowns tool.
Volatility
XCEM vs. KEMX - Volatility Comparison
Columbia EM Core ex-China ETF (XCEM) and KraneShares MSCI Emerging Markets ex China Index ETF (KEMX) have volatilities of 3.42% and 3.59%, 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.