XEMD.DE vs. SPYM.DE
XEMD.DE (Xtrackers MSCI Emerging Markets UCITS ETF 1D) and SPYM.DE (SPDR MSCI Emerging Markets UCITS ETF) are both Emerging Markets Equities funds - XEMD.DE tracks the MSCI EM NR USD while SPYM.DE tracks the MSCI Emerging Markets. Both are passively managed. Over the past 3 years, XEMD.DE returned 20.80%/yr vs 21.15%/yr for SPYM.DE. With a 0.99 correlation, they move nearly in lockstep. Both charge a 0.18% expense ratio.
Performance
XEMD.DE vs. SPYM.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with XEMD.DE having a 28.06% return and SPYM.DE slightly lower at 27.39%.
XEMD.DE
- 1D
- -1.59%
- 1M
- 6.02%
- YTD
- 28.06%
- 6M
- 29.15%
- 1Y
- 49.56%
- 3Y*
- 20.80%
- 5Y*
- —
- 10Y*
- —
SPYM.DE
- 1D
- -1.63%
- 1M
- 6.11%
- YTD
- 27.39%
- 6M
- 29.25%
- 1Y
- 50.03%
- 3Y*
- 21.15%
- 5Y*
- 8.45%
- 10Y*
- 9.90%
XEMD.DE vs. SPYM.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% |
SPYM.DE SPDR MSCI Emerging Markets UCITS ETF | 27.39% | 19.08% | 14.04% | 6.06% | -14.90% | -1.52% |
Correlation
The correlation between XEMD.DE and SPYM.DE is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.99 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 2021 | 0.99 |
The correlation between XEMD.DE and SPYM.DE has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XEMD.DE vs. SPYM.DE — Risk / Return Rank
XEMD.DE
SPYM.DE
XEMD.DE vs. SPYM.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 SPDR MSCI Emerging Markets UCITS ETF (SPYM.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 | SPYM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.50 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 4.60 | 4.80 | -0.20 |
| Martin ratioReturn relative to average drawdown | 16.76 | 17.28 | -0.51 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XEMD.DE | SPYM.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.77 | 2.79 | -0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.50 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.54 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.34 | +0.24 |
Drawdowns
XEMD.DE vs. SPYM.DE - Drawdown Comparison
The maximum XEMD.DE drawdown since its inception was -23.50%, smaller than the maximum SPYM.DE drawdown of -36.28%. Use the drawdown chart below to compare losses from any high point for XEMD.DE and SPYM.DE.
Loading charts...
Drawdown Indicators
| XEMD.DE | SPYM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.50% | -36.28% | +12.78% |
Max Drawdown (1Y)Largest decline over 1 year | -10.72% | -10.38% | -0.34% |
Max Drawdown (3Y)Largest decline over 3 years | -19.19% | -18.96% | -0.23% |
Max Drawdown (5Y)Largest decline over 5 years | — | -23.86% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.69% | — |
Current DrawdownCurrent decline from peak | -2.54% | -2.74% | +0.20% |
Average DrawdownAverage peak-to-trough decline | -9.22% | -9.95% | +0.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.95% | 2.89% | +0.06% |
Volatility
XEMD.DE vs. SPYM.DE - Volatility Comparison
Xtrackers MSCI Emerging Markets UCITS ETF 1D (XEMD.DE) and SPDR MSCI Emerging Markets UCITS ETF (SPYM.DE) have volatilities of 7.39% and 7.34%, 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.
Loading charts...
Volatility by Period
| XEMD.DE | SPYM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.39% | 7.34% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 15.08% | 15.16% | -0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.84% | 17.87% | -0.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.76% | 16.78% | -0.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.76% | 18.40% | -1.64% |
XEMD.DE vs. SPYM.DE - Expense Ratio Comparison
Both XEMD.DE and SPYM.DE have an expense ratio of 0.18%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
XEMD.DE vs. SPYM.DE - Dividend Comparison
XEMD.DE's dividend yield for the trailing twelve months is around 1.55%, while SPYM.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
SPYM.DE SPDR MSCI Emerging Markets UCITS ETF | 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 0.99, XEMD.DE and SPYM.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.
Both ETFs have the same 0.18% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XEMD.DE and SPYM.DE have the same expense ratio: 0.18% per year.
XEMD.DE tracks MSCI EM NR USD, while SPYM.DE tracks MSCI Emerging Markets. They also come from different issuers: Xtrackers and State Street.
Find the right allocation for XEMD.DE and SPYM.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer