XDUS.L vs. SEMA.L

Last updated Jul 16, 2026

XDUS.L (Xtrackers MSCI USA UCITS ETF 1C) and SEMA.L (iShares MSCI EM UCITS ETF (Acc)) are both exchange-traded funds - XDUS.L is a Large Cap Blend Equities fund tracking the Russell 1000 TR USD, while SEMA.L is a Emerging Markets Equities fund tracking the MSCI EM NR USD. Both are passively managed. Over the past 10 years, XDUS.L returned 14.67%/yr vs 8.81%/yr for SEMA.L. A 0.64 correlation means they provide meaningful diversification when combined. XDUS.L charges 0.07%/yr vs 0.18%/yr for SEMA.L.

Performance

XDUS.L vs. SEMA.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Xtrackers MSCI USA UCITS ETF 1C (XDUS.L) and iShares MSCI EM UCITS ETF (Acc) (SEMA.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XDUS.L achieves a 9.94% return, which is significantly lower than SEMA.L's 19.62% return. Over the past 10 years, XDUS.L has outperformed SEMA.L with an annualized return of 14.67%, while SEMA.L has yielded a comparatively lower 8.81% annualized return.

XDUS.L

• 1D: -0.53%
• 1M: -0.23%
• 6M: 9.44%
• YTD: 9.94%
• 1Y: 20.56%
• 3Y*: 19.01%
• 5Y*: 13.07%
• 10Y*: 14.67%

SEMA.L

• 1D: -1.14%
• 1M: -6.54%
• 6M: 13.83%
• YTD: 19.62%
• 1Y: 36.42%
• 3Y*: 19.02%
• 5Y*: 7.61%
• 10Y*: 8.81%

*Multi-year figures are annualized to reflect compound growth (CAGR)

XDUS.L vs. SEMA.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XDUS.L Xtrackers MSCI USA UCITS ETF 1C	9.94%	9.21%	27.38%	20.65%	-10.42%	28.96%	16.52%	26.57%	-0.19%	10.82%
SEMA.L iShares MSCI EM UCITS ETF (Acc)	19.62%	25.09%	9.38%	3.47%	-10.74%	-1.60%	14.69%	12.62%	-9.25%	24.43%

Correlation

The correlation between XDUS.L and SEMA.L is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (5Y) Calculated over the trailing 5-year period	0.54
Correlation (10Y) Calculated over the trailing 10-year period	0.63
Correlation (All Time) Calculated using the full available price history since Jul 3, 2014	0.64

The correlation between XDUS.L and SEMA.L shifts across timeframes, from 0.53 (3 years) to 0.64 (all time), reflecting how their relationship changes across market environments.

XDUS.L vs. SEMA.L - Sectors Allocation Comparison

Sectors	XDUS.L	SEMA.L
Technology	38.9%	45.9%
Financial Services	10.9%	18.1%
Communication Services	10.7%	6.0%
Consumer Cyclical	9.9%	7.4%
Healthcare	8.4%	2.5%
Industrials	8.1%	6.3%
Consumer Defensive	4.4%	2.5%
Energy	3.2%	3.2%
Utilities	2.0%	1.8%
Real Estate	1.8%	1.0%
Basic Materials	1.7%	5.4%

Return for Risk

XDUS.L vs. SEMA.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XDUS.L

XDUS.L Risk / Return Rank: 68
XDUS.L Sharpe Ratio Rank: 69
XDUS.L Sortino Ratio Rank: 67
XDUS.L Omega Ratio Rank: 69
XDUS.L Calmar Ratio Rank: 67
XDUS.L Martin Ratio Rank: 66

SEMA.L

SEMA.L Risk / Return Rank: 71
SEMA.L Sharpe Ratio Rank: 71
SEMA.L Sortino Ratio Rank: 65
SEMA.L Omega Ratio Rank: 73
SEMA.L Calmar Ratio Rank: 79
SEMA.L Martin Ratio Rank: 68

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XDUS.L vs. SEMA.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI USA UCITS ETF 1C (XDUS.L) and iShares MSCI EM UCITS ETF (Acc) (SEMA.L). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	XDUS.L	SEMA.L	Difference
Sharpe ratio: Return per unit of total volatility	1.82	1.84	-0.02
Sortino ratio: Return per unit of downside risk	2.49	2.42	+0.07
Omega ratio: Gain probability vs. loss probability	1.33	1.34	-0.01
Calmar ratio: Return relative to maximum drawdown	2.73	3.31	-0.58
Martin ratio: Return relative to average drawdown	9.47	9.88	-0.41

XDUS.L vs. SEMA.L - Sharpe Ratio Comparison

The current XDUS.L Sharpe Ratio is 1.82, which is comparable to the SEMA.L Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of XDUS.L and SEMA.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

XDUS.L vs. SEMA.L - Drawdown Comparison

The maximum XDUS.L drawdown since its inception was -25.82%, smaller than the maximum SEMA.L drawdown of -46.27%. Use the drawdown chart below to compare losses from any high point for XDUS.L and SEMA.L.

Drawdown Indicators

	XDUS.L	SEMA.L	Difference
Max Drawdown Largest peak-to-trough decline	-25.82%	-46.27%	+20.45%
Max Drawdown (1Y) Largest decline over 1 year	-7.50%	-10.95%	+3.45%
Max Drawdown (3Y) Largest decline over 3 years	-21.51%	-22.90%	+1.39%
Max Drawdown (5Y) Largest decline over 5 years	-21.51%	-22.90%	+1.39%
Max Drawdown (10Y) Largest decline over 10 years	-25.82%	-27.06%	+1.24%
Current Drawdown Current decline from peak	-1.01%	-9.61%	+8.60%
Average Drawdown Average peak-to-trough decline	-3.49%	-19.54%	+16.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.17%	3.68%	-1.51%

Volatility

XDUS.L vs. SEMA.L - Volatility Comparison

The current volatility for Xtrackers MSCI USA UCITS ETF 1C (XDUS.L) is 3.12%, while iShares MSCI EM UCITS ETF (Acc) (SEMA.L) has a volatility of 9.06%. This indicates that XDUS.L experiences smaller price fluctuations and is considered to be less risky than SEMA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XDUS.L	SEMA.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.12%	9.06%	-5.94%
Volatility (6M) Calculated over the trailing 6-month period	8.04%	17.71%	-9.67%
Volatility (1Y) Calculated over the trailing 1-year period	11.29%	19.74%	-8.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.69%	21.52%	-6.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.62%	20.49%	-4.87%

XDUS.L vs. SEMA.L - Expense Ratio Comparison

XDUS.L has a 0.07% expense ratio, which is lower than SEMA.L's 0.18% 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%.

Dividends

XDUS.L vs. SEMA.L - Dividend Comparison

Neither XDUS.L nor SEMA.L has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both XDUS.L and SEMA.L in my portfolio?

XDUS.L and SEMA.L have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XDUS.L or SEMA.L?

On fees, XDUS.L is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XDUS.L or SEMA.L?

XDUS.L is cheaper with a 0.07% expense ratio, compared with 0.18% for SEMA.L.

What is the main difference between XDUS.L and SEMA.L?

XDUS.L is categorized as Large Cap Blend Equities, while SEMA.L is Emerging Markets Equities. XDUS.L tracks Russell 1000 TR USD, while SEMA.L tracks MSCI EM NR USD. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.07% for XDUS.L and 0.18% for SEMA.L.