XCS6.DE vs. EMXC
XCS6.DE (Xtrackers MSCI China UCITS ETF 1C) and EMXC (iShares MSCI Emerging Markets ex China ETF) are both exchange-traded funds - XCS6.DE is a China Equities fund tracking the MSCI China, while EMXC is a Emerging Markets Equities fund tracking the MSCI Emerging Markets ex China Index. Both are passively managed. Over the past 5 years, XCS6.DE returned -4.64%/yr vs 11.91%/yr for EMXC. At a 0.46 correlation, their price movements are largely independent. XCS6.DE charges 0.65%/yr vs 0.49%/yr for EMXC.
Performance
XCS6.DE vs. EMXC - Performance Comparison
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Different Trading Currencies
XCS6.DE is traded in EUR, while EMXC is traded in USD. To make them comparable, the EMXC values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, XCS6.DE achieves a -7.24% return, which is significantly lower than EMXC's 31.73% return.
XCS6.DE
- 1D
- -0.30%
- 1M
- -2.07%
- YTD
- -7.24%
- 6M
- -8.74%
- 1Y
- 2.24%
- 3Y*
- 7.21%
- 5Y*
- -4.64%
- 10Y*
- 4.37%
EMXC
- 1D
- -6.91%
- 1M
- -1.28%
- YTD
- 31.73%
- 6M
- 34.50%
- 1Y
- 58.69%
- 3Y*
- 21.82%
- 5Y*
- 11.91%
- 10Y*
- —
XCS6.DE vs. EMXC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XCS6.DE Xtrackers MSCI China UCITS ETF 1C | -7.24% | 16.38% | 27.05% | -15.14% | -15.45% | -17.27% | 15.11% | 26.93% | -16.14% | 11.63% |
EMXC iShares MSCI Emerging Markets ex China ETF | 31.73% | 19.10% | 9.46% | 15.39% | -14.58% | 16.65% | 3.46% | 18.41% | -8.87% | 4.72% |
Correlation
The correlation between XCS6.DE and EMXC is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Jul 27, 2017 | 0.46 |
The correlation between XCS6.DE and EMXC shifts across timeframes, from 0.35 (3 years) to 0.46 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
XCS6.DE vs. EMXC — Risk / Return Rank
XCS6.DE
EMXC
XCS6.DE vs. EMXC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI China UCITS ETF 1C (XCS6.DE) and iShares MSCI Emerging Markets ex China ETF (EMXC). 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.
| XCS6.DE | EMXC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.62 | ||
| Sortino ratioReturn per unit of downside risk | -3.06 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.51 | -0.48 |
| Calmar ratioReturn relative to maximum drawdown | 0.13 | 4.99 | -4.86 |
| Martin ratioReturn relative to average drawdown | 0.27 | 19.06 | -18.79 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XCS6.DE | EMXC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.12 | 2.74 | -2.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.17 | 0.74 | -0.91 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.17 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 0.52 | -0.35 |
Drawdowns
XCS6.DE vs. EMXC - Drawdown Comparison
The maximum XCS6.DE drawdown since its inception was -56.31%, which is greater than EMXC's maximum drawdown of -37.86%. Use the drawdown chart below to compare losses from any high point for XCS6.DE and EMXC.
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Drawdown Indicators
| XCS6.DE | EMXC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.31% | -37.86% | -18.45% |
Max Drawdown (1Y)Largest decline over 1 year | -17.28% | -11.81% | -5.47% |
Max Drawdown (3Y)Largest decline over 3 years | -24.77% | -18.28% | -6.49% |
Max Drawdown (5Y)Largest decline over 5 years | -49.94% | -18.28% | -31.66% |
Max Drawdown (10Y)Largest decline over 10 years | -56.31% | — | — |
Current DrawdownCurrent decline from peak | -33.60% | -8.89% | -24.71% |
Average DrawdownAverage peak-to-trough decline | -21.19% | -6.60% | -14.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.27% | 3.09% | +5.18% |
Volatility
XCS6.DE vs. EMXC - Volatility Comparison
The current volatility for Xtrackers MSCI China UCITS ETF 1C (XCS6.DE) is 7.17%, while iShares MSCI Emerging Markets ex China ETF (EMXC) has a volatility of 11.46%. This indicates that XCS6.DE experiences smaller price fluctuations and is considered to be less risky than EMXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XCS6.DE | EMXC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.17% | 11.46% | -4.29% |
Volatility (6M)Calculated over the trailing 6-month period | 13.14% | 19.27% | -6.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.53% | 21.51% | -2.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.67% | 16.12% | +11.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.33% | 19.15% | +6.18% |
XCS6.DE vs. EMXC - Expense Ratio Comparison
XCS6.DE has a 0.65% expense ratio, which is higher than EMXC's 0.49% expense ratio.
Dividends
XCS6.DE vs. EMXC - Dividend Comparison
XCS6.DE has not paid dividends to shareholders, while EMXC's dividend yield for the trailing twelve months is around 2.18%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
EMXC iShares MSCI Emerging Markets ex China ETF | 2.18% | 2.82% | 2.69% | 1.83% | 2.85% | 1.78% | 1.45% | 3.25% | 2.63% | 0.99% |
XCS6.DE Xtrackers MSCI China UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XCS6.DE and EMXC have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EMXC is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EMXC is cheaper with a 0.49% expense ratio, compared with 0.65% for XCS6.DE.
XCS6.DE is categorized as China Equities, while EMXC is Emerging Markets Equities. XCS6.DE tracks MSCI China, while EMXC tracks MSCI Emerging Markets ex China Index. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.65% for XCS6.DE and 0.49% for EMXC.
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