XMKA.DE vs. WTEI.DE
XMKA.DE (Xtrackers MSCI Africa Top 50 Swap UCITS ETF (Acc)) and WTEI.DE (WisdomTree Emerging Markets Equity Income UCITS ETF) are both Emerging Markets Equities funds - XMKA.DE tracks the MSCI EFM Africa Top 50 Capped Index while WTEI.DE tracks the WisdomTree Emerging Markets Equity Income. Both are passively managed. Over the past 10 years, XMKA.DE returned 3.73%/yr vs 9.62%/yr for WTEI.DE. A 0.64 correlation means they provide meaningful diversification when combined. XMKA.DE charges 0.65%/yr vs 0.46%/yr for WTEI.DE.
Performance
XMKA.DE vs. WTEI.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XMKA.DE achieves a 0.44% return, which is significantly lower than WTEI.DE's 21.67% return. Over the past 10 years, XMKA.DE has underperformed WTEI.DE with an annualized return of 3.73%, while WTEI.DE has yielded a comparatively higher 9.62% annualized return.
XMKA.DE
- 1D
- 0.77%
- 1M
- 2.33%
- 6M
- -1.39%
- YTD
- 0.44%
- 1Y
- 18.36%
- 3Y*
- 15.85%
- 5Y*
- 6.25%
- 10Y*
- 3.73%
WTEI.DE
- 1D
- 1.31%
- 1M
- 0.72%
- 6M
- 20.40%
- YTD
- 21.67%
- 1Y
- 28.16%
- 3Y*
- 16.16%
- 5Y*
- 11.20%
- 10Y*
- 9.62%
XMKA.DE vs. WTEI.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XMKA.DE Xtrackers MSCI Africa Top 50 Swap UCITS ETF (Acc) | 0.44% | 36.20% | 10.13% | -6.42% | -6.03% | 12.80% | -15.94% | 13.45% | -15.31% | 10.09% |
WTEI.DE WisdomTree Emerging Markets Equity Income UCITS ETF | 21.67% | 7.76% | 11.70% | 16.82% | -7.16% | 22.68% | -15.24% | 23.06% | -3.85% | 10.46% |
Correlation
The correlation between XMKA.DE and WTEI.DE is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Nov 14, 2014 | 0.64 |
Over the past year, the correlation between XMKA.DE and WTEI.DE has dropped to 0.43 - well below their long-term average of 0.64, suggesting their price drivers have been diverging.
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Return for Risk
XMKA.DE vs. WTEI.DE — Risk / Return Rank
XMKA.DE
WTEI.DE
XMKA.DE vs. WTEI.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Africa Top 50 Swap UCITS ETF (Acc) (XMKA.DE) and WisdomTree Emerging Markets Equity Income UCITS ETF (WTEI.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.
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.
| XMKA.DE | WTEI.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.20 | ||
| Sortino ratioReturn per unit of downside risk | -1.60 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.37 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.13 | 4.67 | -3.55 |
| Martin ratioReturn relative to average drawdown | 2.77 | 15.87 | -13.11 |
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Drawdowns
XMKA.DE vs. WTEI.DE - Drawdown Comparison
The maximum XMKA.DE drawdown since its inception was -51.47%, which is greater than WTEI.DE's maximum drawdown of -43.36%. Use the drawdown chart below to compare losses from any high point for XMKA.DE and WTEI.DE.
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Drawdown Indicators
| XMKA.DE | WTEI.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.47% | -43.36% | -8.11% |
Max Drawdown (1Y)Largest decline over 1 year | -16.24% | -6.00% | -10.24% |
Max Drawdown (3Y)Largest decline over 3 years | -16.24% | -15.95% | -0.29% |
Max Drawdown (5Y)Largest decline over 5 years | -26.58% | -16.76% | -9.82% |
Max Drawdown (10Y)Largest decline over 10 years | -47.21% | -35.60% | -11.61% |
Current DrawdownCurrent decline from peak | -9.25% | -2.26% | -6.99% |
Average DrawdownAverage peak-to-trough decline | -22.03% | -10.35% | -11.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.62% | 1.77% | +4.85% |
Volatility
XMKA.DE vs. WTEI.DE - Volatility Comparison
Xtrackers MSCI Africa Top 50 Swap UCITS ETF (Acc) (XMKA.DE) has a higher volatility of 6.54% compared to WisdomTree Emerging Markets Equity Income UCITS ETF (WTEI.DE) at 4.62%. This indicates that XMKA.DE's price experiences larger fluctuations and is considered to be riskier than WTEI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XMKA.DE | WTEI.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.54% | 4.62% | +1.92% |
Volatility (6M)Calculated over the trailing 6-month period | 17.08% | 10.46% | +6.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.98% | 13.25% | +6.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.07% | 13.58% | +6.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.71% | 18.16% | +3.55% |
XMKA.DE vs. WTEI.DE - Expense Ratio Comparison
XMKA.DE has a 0.65% expense ratio, which is higher than WTEI.DE's 0.46% expense ratio.
Dividends
XMKA.DE vs. WTEI.DE - Dividend Comparison
XMKA.DE has not paid dividends to shareholders, while WTEI.DE's dividend yield for the trailing twelve months is around 4.76%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WTEI.DE WisdomTree Emerging Markets Equity Income UCITS ETF | 4.76% | 4.53% | 7.52% | 6.96% | 7.43% | 3.95% | 4.96% | 4.05% | 4.27% | 3.25% | 0.87% | 4.60% |
XMKA.DE Xtrackers MSCI Africa Top 50 Swap 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% |
Frequently Asked Questions
XMKA.DE and WTEI.DE have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, WTEI.DE is cheaper at 0.46% per year. The better choice depends on whether you care most about return, fees, risk, or income.
WTEI.DE is cheaper with a 0.46% expense ratio, compared with 0.65% for XMKA.DE.
XMKA.DE tracks MSCI EFM Africa Top 50 Capped Index, while WTEI.DE tracks WisdomTree Emerging Markets Equity Income. They also come from different issuers: Xtrackers and WisdomTree. Their fees differ too: 0.65% for XMKA.DE and 0.46% for WTEI.DE.
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