XESC.DE vs. EMIM.L
XESC.DE (Xtrackers EURO STOXX 50 UCITS ETF 1C) and EMIM.L (iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc)) are both exchange-traded funds - XESC.DE is a Europe Equities fund tracking the MSCI EMU NR EUR, while EMIM.L is a Emerging Markets Equities fund tracking the MSCI EM NR USD. Both are passively managed. Over the past 10 years, XESC.DE returned 10.49%/yr vs 10.21%/yr for EMIM.L. A 0.62 correlation means they provide meaningful diversification when combined. XESC.DE charges 0.09%/yr vs 0.18%/yr for EMIM.L.
Performance
XESC.DE vs. EMIM.L - Performance Comparison
Loading charts...
Different Trading Currencies
XESC.DE is traded in EUR, while EMIM.L is traded in GBp. To make them comparable, the EMIM.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, XESC.DE achieves a 7.20% return, which is significantly lower than EMIM.L's 24.15% return. Both investments have delivered pretty close results over the past 10 years, with XESC.DE having a 10.49% annualized return and EMIM.L not far behind at 10.21%.
XESC.DE
- 1D
- 0.76%
- 1M
- 3.14%
- YTD
- 7.20%
- 6M
- 8.64%
- 1Y
- 18.16%
- 3Y*
- 15.59%
- 5Y*
- 11.50%
- 10Y*
- 10.49%
EMIM.L
- 1D
- 2.76%
- 1M
- 4.16%
- YTD
- 24.15%
- 6M
- 27.50%
- 1Y
- 44.91%
- 3Y*
- 18.71%
- 5Y*
- 8.43%
- 10Y*
- 10.21%
XESC.DE vs. EMIM.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XESC.DE Xtrackers EURO STOXX 50 UCITS ETF 1C | 7.20% | 22.24% | 11.06% | 22.50% | -8.87% | 23.54% | -2.88% | 30.09% | -12.09% | 10.25% |
EMIM.L iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) | 24.15% | 16.91% | 14.45% | 7.15% | -14.80% | 7.30% | 8.67% | 19.86% | -10.44% | 19.81% |
Correlation
The correlation between XESC.DE and EMIM.L is 0.60, 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 | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Jun 9, 2014 | 0.62 |
The correlation between XESC.DE and EMIM.L has been stable across timeframes, ranging from 0.56 to 0.62 - 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
XESC.DE vs. EMIM.L — Risk / Return Rank
XESC.DE
EMIM.L
XESC.DE vs. EMIM.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers EURO STOXX 50 UCITS ETF 1C (XESC.DE) and iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (EMIM.L). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| XESC.DE | EMIM.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.38 | ||
| Sortino ratioReturn per unit of downside risk | -1.66 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.44 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 1.45 | 4.00 | -2.56 |
| Martin ratioReturn relative to average drawdown | 4.94 | 13.91 | -8.98 |
Loading charts...
Drawdowns
XESC.DE vs. EMIM.L - Drawdown Comparison
The maximum XESC.DE drawdown since its inception was -45.93%, which is greater than EMIM.L's maximum drawdown of -34.80%. Use the drawdown chart below to compare losses from any high point for XESC.DE and EMIM.L.
Loading charts...
Drawdown Indicators
| XESC.DE | EMIM.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.93% | -34.80% | -11.13% |
Max Drawdown (1Y)Largest decline over 1 year | -10.88% | -10.65% | -0.23% |
Max Drawdown (3Y)Largest decline over 3 years | -16.53% | -17.95% | +1.42% |
Max Drawdown (5Y)Largest decline over 5 years | -23.33% | -22.35% | -0.98% |
Max Drawdown (10Y)Largest decline over 10 years | -38.51% | -32.44% | -6.07% |
Current DrawdownCurrent decline from peak | -0.53% | -3.48% | +2.95% |
Average DrawdownAverage peak-to-trough decline | -8.57% | -9.29% | +0.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.19% | 3.07% | +0.12% |
Volatility
XESC.DE vs. EMIM.L - Volatility Comparison
The current volatility for Xtrackers EURO STOXX 50 UCITS ETF 1C (XESC.DE) is 4.90%, while iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) (EMIM.L) has a volatility of 7.32%. This indicates that XESC.DE experiences smaller price fluctuations and is considered to be less risky than EMIM.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XESC.DE | EMIM.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.90% | 7.32% | -2.42% |
Volatility (6M)Calculated over the trailing 6-month period | 13.02% | 15.25% | -2.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.01% | 18.05% | -2.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.54% | 16.47% | +1.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.27% | 18.19% | +0.08% |
XESC.DE vs. EMIM.L - Expense Ratio Comparison
XESC.DE has a 0.09% expense ratio, which is lower than EMIM.L's 0.18% 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
XESC.DE vs. EMIM.L - Dividend Comparison
Neither XESC.DE nor EMIM.L has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMIM.L iShares Core MSCI Emerging Markets IMI UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XESC.DE Xtrackers EURO STOXX 50 UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.19% |
Frequently Asked Questions
XESC.DE and EMIM.L have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XESC.DE is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XESC.DE is cheaper with a 0.09% expense ratio, compared with 0.18% for EMIM.L.
XESC.DE is categorized as Europe Equities, while EMIM.L is Emerging Markets Equities. XESC.DE tracks MSCI EMU NR EUR, while EMIM.L tracks MSCI EM NR USD. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.09% for XESC.DE and 0.18% for EMIM.L.
Find the right allocation for XESC.DE and EMIM.L
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