XEMD.DE vs. XDWD.DE
XEMD.DE (Xtrackers MSCI Emerging Markets UCITS ETF 1D) and XDWD.DE (Xtrackers MSCI World UCITS ETF 1C) are both exchange-traded funds - XEMD.DE is a Emerging Markets Equities fund tracking the MSCI EM NR USD, while XDWD.DE is a Global Equities fund tracking the MSCI World. Both are passively managed. Over the past 3 years, XEMD.DE returned 20.80%/yr vs 17.56%/yr for XDWD.DE. A 0.63 correlation means they provide meaningful diversification when combined. XEMD.DE charges 0.18%/yr vs 0.19%/yr for XDWD.DE.
Performance
XEMD.DE vs. XDWD.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 higher than XDWD.DE's 10.91% return.
XEMD.DE
- 1D
- -1.59%
- 1M
- 6.02%
- YTD
- 28.06%
- 6M
- 29.15%
- 1Y
- 49.56%
- 3Y*
- 20.80%
- 5Y*
- —
- 10Y*
- —
XDWD.DE
- 1D
- -0.01%
- 1M
- 4.72%
- YTD
- 10.91%
- 6M
- 11.37%
- 1Y
- 23.85%
- 3Y*
- 17.56%
- 5Y*
- 12.89%
- 10Y*
- 12.83%
XEMD.DE vs. XDWD.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% |
XDWD.DE Xtrackers MSCI World UCITS ETF 1C | 10.91% | 7.85% | 25.98% | 20.18% | -13.67% | 3.13% |
Correlation
The correlation between XEMD.DE and XDWD.DE is 0.71, 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 | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 2021 | 0.63 |
The correlation between XEMD.DE and XDWD.DE has been stable across timeframes, ranging from 0.63 to 0.71 - a consistent structural relationship.
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Return for Risk
XEMD.DE vs. XDWD.DE — Risk / Return Rank
XEMD.DE
XDWD.DE
XEMD.DE vs. XDWD.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 Xtrackers MSCI World UCITS ETF 1C (XDWD.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 | XDWD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.63 | ||
| Sortino ratioReturn per unit of downside risk | +0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.40 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 4.60 | 3.63 | +0.97 |
| Martin ratioReturn relative to average drawdown | 16.76 | 14.44 | +2.32 |
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 | XDWD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.77 | 2.14 | +0.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.90 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.84 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.78 | -0.20 |
Drawdowns
XEMD.DE vs. XDWD.DE - Drawdown Comparison
The maximum XEMD.DE drawdown since its inception was -23.50%, smaller than the maximum XDWD.DE drawdown of -33.55%. Use the drawdown chart below to compare losses from any high point for XEMD.DE and XDWD.DE.
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Drawdown Indicators
| XEMD.DE | XDWD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.50% | -33.55% | +10.05% |
Max Drawdown (1Y)Largest decline over 1 year | -10.72% | -6.54% | -4.18% |
Max Drawdown (3Y)Largest decline over 3 years | -19.19% | -21.64% | +2.45% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.64% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.55% | — |
Current DrawdownCurrent decline from peak | -2.54% | -0.33% | -2.21% |
Average DrawdownAverage peak-to-trough decline | -9.22% | -4.55% | -4.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.95% | 1.65% | +1.30% |
Volatility
XEMD.DE vs. XDWD.DE - Volatility Comparison
Xtrackers MSCI Emerging Markets UCITS ETF 1D (XEMD.DE) has a higher volatility of 7.39% compared to Xtrackers MSCI World UCITS ETF 1C (XDWD.DE) at 2.60%. This indicates that XEMD.DE's price experiences larger fluctuations and is considered to be riskier than XDWD.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 | XDWD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.39% | 2.60% | +4.79% |
Volatility (6M)Calculated over the trailing 6-month period | 15.08% | 7.77% | +7.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.84% | 11.12% | +6.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.76% | 14.13% | +2.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.76% | 15.16% | +1.60% |
XEMD.DE vs. XDWD.DE - Expense Ratio Comparison
XEMD.DE has a 0.18% expense ratio, which is lower than XDWD.DE's 0.19% 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
XEMD.DE vs. XDWD.DE - Dividend Comparison
XEMD.DE's dividend yield for the trailing twelve months is around 1.55%, while XDWD.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
XDWD.DE Xtrackers MSCI World UCITS ETF 1C | 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
XEMD.DE and XDWD.DE have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XEMD.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XEMD.DE is cheaper with a 0.18% expense ratio, compared with 0.19% for XDWD.DE.
XEMD.DE is categorized as Emerging Markets Equities, while XDWD.DE is Global Equities. XEMD.DE tracks MSCI EM NR USD, while XDWD.DE tracks MSCI World. Their fees differ too: 0.18% for XEMD.DE and 0.19% for XDWD.DE.
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