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

Performance

XCEM vs. SPEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia EM Core ex-China ETF (XCEM) and SPDR Portfolio Emerging Markets ETF (SPEM). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
-0.95%
4.15%
XCEM
SPEM

Returns By Period

In the year-to-date period, XCEM achieves a 2.84% return, which is significantly lower than SPEM's 12.77% return.


XCEM

YTD

2.84%

1M

-4.33%

6M

-0.95%

1Y

9.64%

5Y (annualized)

4.80%

10Y (annualized)

N/A

SPEM

YTD

12.77%

1M

-3.85%

6M

4.15%

1Y

16.62%

5Y (annualized)

4.87%

10Y (annualized)

3.97%

Key characteristics


XCEMSPEM
Sharpe Ratio0.641.09
Sortino Ratio0.951.60
Omega Ratio1.121.20
Calmar Ratio0.770.73
Martin Ratio2.895.40
Ulcer Index3.15%2.96%
Daily Std Dev14.18%14.65%
Max Drawdown-40.92%-64.41%
Current Drawdown-7.87%-7.85%

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XCEM vs. SPEM - Expense Ratio Comparison

XCEM has a 0.16% expense ratio, which is higher than SPEM's 0.11% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


XCEM
Columbia EM Core ex-China ETF
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%
Expense ratio chart for SPEM: current value at 0.11% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.11%

Correlation

-0.50.00.51.00.8

The correlation between XCEM and SPEM is 0.77, 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.

Risk-Adjusted Performance

XCEM vs. SPEM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia EM Core ex-China ETF (XCEM) and SPDR Portfolio Emerging Markets ETF (SPEM). 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.


Sharpe ratio
The chart of Sharpe ratio for XCEM, currently valued at 0.64, compared to the broader market0.002.004.000.641.09
The chart of Sortino ratio for XCEM, currently valued at 0.95, compared to the broader market-2.000.002.004.006.008.0010.0012.000.951.60
The chart of Omega ratio for XCEM, currently valued at 1.12, compared to the broader market0.501.001.502.002.503.001.121.20
The chart of Calmar ratio for XCEM, currently valued at 0.77, compared to the broader market0.005.0010.0015.000.770.73
The chart of Martin ratio for XCEM, currently valued at 2.89, compared to the broader market0.0020.0040.0060.0080.00100.002.895.40
XCEM
SPEM

The current XCEM Sharpe Ratio is 0.64, which is lower than the SPEM Sharpe Ratio of 1.09. The chart below compares the historical Sharpe Ratios of XCEM and SPEM, 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 Ratio0.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
0.64
1.09
XCEM
SPEM

Dividends

XCEM vs. SPEM - Dividend Comparison

XCEM's dividend yield for the trailing twelve months is around 1.19%, less than SPEM's 2.53% yield.


TTM20232022202120202019201820172016201520142013
XCEM
Columbia EM Core ex-China ETF
1.19%1.22%2.42%1.94%1.63%2.11%3.24%8.57%1.24%2.57%0.00%0.00%
SPEM
SPDR Portfolio Emerging Markets ETF
2.53%2.80%3.38%3.14%1.92%2.94%2.34%1.12%1.51%2.40%2.26%1.91%

Drawdowns

XCEM vs. SPEM - Drawdown Comparison

The maximum XCEM drawdown since its inception was -40.92%, smaller than the maximum SPEM drawdown of -64.41%. Use the drawdown chart below to compare losses from any high point for XCEM and SPEM. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-7.87%
-7.85%
XCEM
SPEM

Volatility

XCEM vs. SPEM - Volatility Comparison

The current volatility for Columbia EM Core ex-China ETF (XCEM) is 3.48%, while SPDR Portfolio Emerging Markets ETF (SPEM) has a volatility of 4.37%. This indicates that XCEM experiences smaller price fluctuations and is considered to be less risky than SPEM 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
3.48%
4.37%
XCEM
SPEM