XEM.TO vs. XEF.TO
Compare and contrast key facts about iShares MSCI Emerging Markets Index ETF (XEM.TO) and iShares Core MSCI EAFE IMI Index ETF (XEF.TO).
XEM.TO and XEF.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XEM.TO is a passively managed fund by iShares that tracks the performance of the Morningstar EM GR CAD. It was launched on Jun 18, 2009. XEF.TO is a passively managed fund by iShares that tracks the performance of the Morningstar DM xNA GR CAD. It was launched on Apr 10, 2013. Both XEM.TO and XEF.TO 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: XEM.TO or XEF.TO.
Correlation
The correlation between XEM.TO and XEF.TO is 0.72, 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
XEM.TO vs. XEF.TO - Performance Comparison
Key characteristics
XEM.TO:
1.53
XEF.TO:
1.65
XEM.TO:
2.22
XEF.TO:
2.28
XEM.TO:
1.28
XEF.TO:
1.29
XEM.TO:
0.91
XEF.TO:
2.82
XEM.TO:
6.29
XEF.TO:
8.54
XEM.TO:
3.21%
XEF.TO:
2.07%
XEM.TO:
13.21%
XEF.TO:
10.72%
XEM.TO:
-35.27%
XEF.TO:
-28.51%
XEM.TO:
-6.97%
XEF.TO:
0.00%
Returns By Period
In the year-to-date period, XEM.TO achieves a 5.36% return, which is significantly lower than XEF.TO's 7.22% return. Over the past 10 years, XEM.TO has underperformed XEF.TO with an annualized return of 4.08%, while XEF.TO has yielded a comparatively higher 6.92% annualized return.
XEM.TO
5.36%
4.02%
8.53%
19.64%
3.74%
4.08%
XEF.TO
7.22%
5.13%
7.22%
17.29%
7.84%
6.92%
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XEM.TO vs. XEF.TO - Expense Ratio Comparison
XEM.TO has a 0.81% expense ratio, which is higher than XEF.TO's 0.22% expense ratio.
Risk-Adjusted Performance
XEM.TO vs. XEF.TO — Risk-Adjusted Performance Rank
XEM.TO
XEF.TO
XEM.TO vs. XEF.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Emerging Markets Index ETF (XEM.TO) and iShares Core MSCI EAFE IMI Index ETF (XEF.TO). 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
XEM.TO vs. XEF.TO - Dividend Comparison
XEM.TO's dividend yield for the trailing twelve months is around 1.98%, less than XEF.TO's 2.57% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XEM.TO iShares MSCI Emerging Markets Index ETF | 1.98% | 2.08% | 2.39% | 2.10% | 1.91% | 1.28% | 2.57% | 1.96% | 1.78% | 1.96% | 2.22% | 2.15% |
XEF.TO iShares Core MSCI EAFE IMI Index ETF | 2.57% | 2.76% | 2.75% | 2.93% | 2.42% | 1.93% | 2.72% | 2.76% | 2.10% | 2.42% | 2.42% | 5.21% |
Drawdowns
XEM.TO vs. XEF.TO - Drawdown Comparison
The maximum XEM.TO drawdown since its inception was -35.27%, which is greater than XEF.TO's maximum drawdown of -28.51%. Use the drawdown chart below to compare losses from any high point for XEM.TO and XEF.TO. For additional features, visit the drawdowns tool.
Volatility
XEM.TO vs. XEF.TO - Volatility Comparison
iShares MSCI Emerging Markets Index ETF (XEM.TO) has a higher volatility of 3.71% compared to iShares Core MSCI EAFE IMI Index ETF (XEF.TO) at 2.99%. This indicates that XEM.TO's price experiences larger fluctuations and is considered to be riskier than XEF.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.