XMME.DE vs. GLD
XMME.DE (Xtrackers MSCI Emerging Markets UCITS ETF 1C) and GLD (SPDR Gold Shares) are both exchange-traded funds - XMME.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets, while GLD is a Gold fund tracking the LBMA Gold Price PM. Both are passively managed. Over the past 5 years, XMME.DE returned 8.16%/yr vs 18.15%/yr for GLD. At a 0.10 correlation, their price movements are largely independent. XMME.DE charges 0.18%/yr vs 0.40%/yr for GLD.
Performance
XMME.DE vs. GLD - Performance Comparison
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Different Trading Currencies
XMME.DE is traded in EUR, while GLD is traded in USD. To make them comparable, the GLD values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, XMME.DE achieves a 26.82% return, which is significantly higher than GLD's -0.96% return.
XMME.DE
- 1D
- 3.25%
- 1M
- 1.61%
- YTD
- 26.82%
- 6M
- 28.91%
- 1Y
- 47.79%
- 3Y*
- 19.52%
- 5Y*
- 8.16%
- 10Y*
- —
GLD
- 1D
- 0.14%
- 1M
- -8.72%
- YTD
- -0.96%
- 6M
- -0.80%
- 1Y
- 22.03%
- 3Y*
- 25.93%
- 5Y*
- 18.15%
- 10Y*
- 11.80%
XMME.DE vs. GLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XMME.DE Xtrackers MSCI Emerging Markets UCITS ETF 1C | 26.82% | 18.69% | 13.82% | 5.89% | -15.00% | 4.75% | 6.58% | 21.91% | -11.16% | -2.35% |
GLD SPDR Gold Shares | -0.96% | 44.25% | 35.02% | 9.31% | 5.38% | 3.02% | 14.53% | 20.52% | 2.66% | -2.95% |
Correlation
The correlation between XMME.DE and GLD is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2017 | 0.10 |
The correlation between XMME.DE and GLD shifts across timeframes, from 0.10 (all time) to 0.27 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
XMME.DE vs. GLD — Risk / Return Rank
XMME.DE
GLD
XMME.DE vs. GLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Emerging Markets UCITS ETF 1C (XMME.DE) and SPDR Gold Shares (GLD). 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.
| XMME.DE | GLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.55 | ||
| Sortino ratioReturn per unit of downside risk | +2.02 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.20 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 4.29 | 1.07 | +3.22 |
| Martin ratioReturn relative to average drawdown | 14.86 | 3.09 | +11.76 |
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Drawdowns
XMME.DE vs. GLD - Drawdown Comparison
The maximum XMME.DE drawdown since its inception was -31.95%, smaller than the maximum GLD drawdown of -37.47%. Use the drawdown chart below to compare losses from any high point for XMME.DE and GLD.
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Drawdown Indicators
| XMME.DE | GLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.95% | -37.47% | +5.52% |
Max Drawdown (1Y)Largest decline over 1 year | -10.68% | -22.53% | +11.85% |
Max Drawdown (3Y)Largest decline over 3 years | -19.16% | -22.53% | +3.37% |
Max Drawdown (5Y)Largest decline over 5 years | -24.39% | -22.53% | -1.86% |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.53% | — |
Current DrawdownCurrent decline from peak | -3.50% | -20.28% | +16.78% |
Average DrawdownAverage peak-to-trough decline | -9.81% | -12.19% | +2.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.09% | 7.79% | -4.70% |
Volatility
XMME.DE vs. GLD - Volatility Comparison
Xtrackers MSCI Emerging Markets UCITS ETF 1C (XMME.DE) has a higher volatility of 7.49% compared to SPDR Gold Shares (GLD) at 6.93%. This indicates that XMME.DE's price experiences larger fluctuations and is considered to be riskier than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XMME.DE | GLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.49% | 6.93% | +0.56% |
Volatility (6M)Calculated over the trailing 6-month period | 15.90% | 22.61% | -6.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.50% | 25.86% | -7.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.91% | 16.91% | 0.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.92% | 15.02% | +3.90% |
XMME.DE vs. GLD - Expense Ratio Comparison
XMME.DE has a 0.18% expense ratio, which is lower than GLD's 0.40% expense ratio.
Dividends
XMME.DE vs. GLD - Dividend Comparison
Neither XMME.DE nor GLD has paid dividends to shareholders.
Frequently Asked Questions
XMME.DE and GLD have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XMME.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XMME.DE is cheaper with a 0.18% expense ratio, compared with 0.40% for GLD.
XMME.DE is categorized as Emerging Markets Equities, while GLD is Gold. XMME.DE tracks MSCI Emerging Markets, while GLD tracks LBMA Gold Price PM. They also come from different issuers: Xtrackers and State Street. Their fees differ too: 0.18% for XMME.DE and 0.40% for GLD.
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