XEMD.DE vs. EMXC.DE
XEMD.DE (Xtrackers MSCI Emerging Markets UCITS ETF 1D) and EMXC.DE (Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc) are both Emerging Markets Equities funds tracking the MSCI EM NR USD, from Xtrackers and Amundi respectively. Both are passively managed. Over the past 3 years, XEMD.DE returned 20.80%/yr vs 25.05%/yr for EMXC.DE. Their correlation of 0.86 suggests significant overlap in exposure. XEMD.DE charges 0.18%/yr vs 0.15%/yr for EMXC.DE.
Performance
XEMD.DE vs. EMXC.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XEMD.DE achieves a 28.06% return, which is significantly lower than EMXC.DE's 40.23% return.
XEMD.DE
- 1D
- -1.59%
- 1M
- 6.02%
- YTD
- 28.06%
- 6M
- 29.15%
- 1Y
- 49.56%
- 3Y*
- 20.80%
- 5Y*
- —
- 10Y*
- —
EMXC.DE
- 1D
- -1.80%
- 1M
- 5.62%
- YTD
- 40.23%
- 6M
- 42.71%
- 1Y
- 66.91%
- 3Y*
- 25.05%
- 5Y*
- 13.66%
- 10Y*
- —
XEMD.DE vs. EMXC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XEMD.DE Xtrackers MSCI Emerging Markets UCITS ETF 1D | 28.06% | 18.67% | 13.85% | 5.68% | -14.85% | -1.50% |
EMXC.DE Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc | 40.23% | 19.92% | 9.13% | 14.33% | -13.60% | 0.97% |
Correlation
The correlation between XEMD.DE and EMXC.DE is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.94 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 2021 | 0.86 |
The correlation between XEMD.DE and EMXC.DE has been stable across timeframes, ranging from 0.86 to 0.94 - a consistent structural relationship.
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Return for Risk
XEMD.DE vs. EMXC.DE — Risk / Return Rank
XEMD.DE
EMXC.DE
XEMD.DE vs. EMXC.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Emerging Markets UCITS ETF 1D (XEMD.DE) and Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc (EMXC.DE). 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.
| XEMD.DE | EMXC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.69 | ||
| Sortino ratioReturn per unit of downside risk | -0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.62 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 4.60 | 5.78 | -1.18 |
| Martin ratioReturn relative to average drawdown | 16.76 | 21.97 | -5.21 |
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
| XEMD.DE | EMXC.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.77 | 3.46 | -0.69 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.85 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.69 | -0.11 |
Drawdowns
XEMD.DE vs. EMXC.DE - Drawdown Comparison
The maximum XEMD.DE drawdown since its inception was -23.50%, smaller than the maximum EMXC.DE drawdown of -38.77%. Use the drawdown chart below to compare losses from any high point for XEMD.DE and EMXC.DE.
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Drawdown Indicators
| XEMD.DE | EMXC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.50% | -38.77% | +15.27% |
Max Drawdown (1Y)Largest decline over 1 year | -10.72% | -11.87% | +1.15% |
Max Drawdown (3Y)Largest decline over 3 years | -19.19% | -20.48% | +1.29% |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.48% | — |
Current DrawdownCurrent decline from peak | -2.54% | -2.53% | -0.01% |
Average DrawdownAverage peak-to-trough decline | -9.22% | -6.73% | -2.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.95% | 3.13% | -0.18% |
Volatility
XEMD.DE vs. EMXC.DE - Volatility Comparison
The current volatility for Xtrackers MSCI Emerging Markets UCITS ETF 1D (XEMD.DE) is 7.39%, while Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc (EMXC.DE) has a volatility of 8.44%. This indicates that XEMD.DE experiences smaller price fluctuations and is considered to be less risky than EMXC.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XEMD.DE | EMXC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.39% | 8.44% | -1.05% |
Volatility (6M)Calculated over the trailing 6-month period | 15.08% | 17.23% | -2.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.84% | 19.85% | -2.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.76% | 15.83% | +0.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.76% | 18.50% | -1.74% |
XEMD.DE vs. EMXC.DE - Expense Ratio Comparison
XEMD.DE has a 0.18% expense ratio, which is higher than EMXC.DE's 0.15% 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%.
Dividends
XEMD.DE vs. EMXC.DE - Dividend Comparison
XEMD.DE's dividend yield for the trailing twelve months is around 1.55%, while EMXC.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
EMXC.DE Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XEMD.DE Xtrackers MSCI Emerging Markets UCITS ETF 1D | 1.55% | 1.92% | 3.01% | 2.38% | 2.66% |
Frequently Asked Questions
With a correlation of 0.94, XEMD.DE and EMXC.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, EMXC.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EMXC.DE is cheaper with a 0.15% expense ratio, compared with 0.18% for XEMD.DE.
Both ETFs track MSCI EM NR USD. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.18% for XEMD.DE and 0.15% for EMXC.DE.
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