XEMC.TO vs. EMXC
Compare and contrast key facts about iShares MSCI Emerging Markets ex China Index ETF (XEMC.TO) and iShares MSCI Emerging Markets ex China ETF (EMXC).
XEMC.TO and EMXC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XEMC.TO is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets ex China Index (Net). It was launched on Feb 7, 2023. EMXC is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets ex China Index. It was launched on Jul 19, 2017. Both XEMC.TO and EMXC are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
XEMC.TO vs. EMXC - Performance Comparison
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XEMC.TO vs. EMXC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XEMC.TO iShares MSCI Emerging Markets ex China Index ETF | 9.76% | 28.28% | 10.87% | 12.07% |
EMXC iShares MSCI Emerging Markets ex China ETF | 9.69% | 28.94% | 11.50% | 12.34% |
Different Trading Currencies
XEMC.TO is traded in CAD, while EMXC is traded in USD. To make them comparable, the EMXC values have been converted to CAD using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with XEMC.TO having a 9.76% return and EMXC slightly lower at 9.69%.
XEMC.TO
- 1D
- 4.21%
- 1M
- -8.58%
- YTD
- 9.76%
- 6M
- 18.13%
- 1Y
- 41.69%
- 3Y*
- 20.37%
- 5Y*
- —
- 10Y*
- —
EMXC
- 1D
- 4.01%
- 1M
- -8.52%
- YTD
- 9.69%
- 6M
- 18.63%
- 1Y
- 42.31%
- 3Y*
- 20.94%
- 5Y*
- 10.45%
- 10Y*
- —
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XEMC.TO vs. EMXC - Expense Ratio Comparison
XEMC.TO has a 0.25% expense ratio, which is lower than EMXC's 0.49% expense ratio.
Return for Risk
XEMC.TO vs. EMXC — Risk / Return Rank
XEMC.TO
EMXC
XEMC.TO vs. EMXC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Emerging Markets ex China Index ETF (XEMC.TO) 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.
| XEMC.TO | EMXC | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.11 | 2.17 | -0.06 |
Sortino ratioReturn per unit of downside risk | 2.75 | 2.80 | -0.05 |
Omega ratioGain probability vs. loss probability | 1.39 | 1.41 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 3.20 | 3.33 | -0.14 |
Martin ratioReturn relative to average drawdown | 11.76 | 12.21 | -0.45 |
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
| XEMC.TO | EMXC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.11 | 2.17 | -0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.74 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.35 | 0.53 | +0.82 |
Correlation
The correlation between XEMC.TO and EMXC is 0.80, 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.
Dividends
XEMC.TO vs. EMXC - Dividend Comparison
XEMC.TO's dividend yield for the trailing twelve months is around 2.26%, less than EMXC's 2.60% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XEMC.TO iShares MSCI Emerging Markets ex China Index ETF | 2.26% | 2.48% | 2.28% | 1.67% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EMXC iShares MSCI Emerging Markets ex China ETF | 2.60% | 2.82% | 2.69% | 1.83% | 2.85% | 1.78% | 1.45% | 3.25% | 2.63% | 0.99% |
Drawdowns
XEMC.TO vs. EMXC - Drawdown Comparison
The maximum XEMC.TO drawdown since its inception was -14.55%, smaller than the maximum EMXC drawdown of -33.66%. Use the drawdown chart below to compare losses from any high point for XEMC.TO and EMXC.
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Drawdown Indicators
| XEMC.TO | EMXC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.55% | -42.81% | +28.26% |
Max Drawdown (1Y)Largest decline over 1 year | -13.12% | -14.41% | +1.29% |
Max Drawdown (5Y)Largest decline over 5 years | — | -28.91% | — |
Current DrawdownCurrent decline from peak | -9.46% | -10.88% | +1.42% |
Average DrawdownAverage peak-to-trough decline | -2.22% | -10.35% | +8.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.56% | 3.40% | +0.16% |
Volatility
XEMC.TO vs. EMXC - Volatility Comparison
iShares MSCI Emerging Markets ex China Index ETF (XEMC.TO) and iShares MSCI Emerging Markets ex China ETF (EMXC) have volatilities of 11.60% and 11.67%, 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.
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Volatility by Period
| XEMC.TO | EMXC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.60% | 11.67% | -0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 15.49% | 15.65% | -0.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.90% | 19.61% | +0.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.61% | 14.18% | +0.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.61% | 17.00% | -2.39% |