XMME.DE vs. H410.DE
XMME.DE (Xtrackers MSCI Emerging Markets UCITS ETF 1C) and H410.DE (HSBC MSCI Emerging Markets UCITS ETF USD) are both Emerging Markets Equities funds tracking the MSCI Emerging Markets, from Xtrackers and HSBC respectively. Both are passively managed. Over the past 5 years, XMME.DE returned 7.00%/yr vs 6.91%/yr for H410.DE. With a 0.99 correlation, they move nearly in lockstep. XMME.DE charges 0.18%/yr vs 0.15%/yr for H410.DE.
Performance
XMME.DE vs. H410.DE - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with XMME.DE having a 20.01% return and H410.DE slightly lower at 19.79%.
XMME.DE
- 1D
- -1.97%
- 1M
- -8.18%
- 6M
- 11.33%
- YTD
- 20.01%
- 1Y
- 33.43%
- 3Y*
- 18.48%
- 5Y*
- 7.00%
- 10Y*
- —
H410.DE
- 1D
- -1.87%
- 1M
- -8.04%
- 6M
- 12.07%
- YTD
- 19.79%
- 1Y
- 34.11%
- 3Y*
- 18.31%
- 5Y*
- 6.91%
- 10Y*
- 8.22%
XMME.DE vs. H410.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XMME.DE Xtrackers MSCI Emerging Markets UCITS ETF 1C | 20.01% | 18.69% | 13.82% | 5.89% | -15.00% | 4.75% | 6.58% | 21.91% | -11.16% | -2.35% |
H410.DE HSBC MSCI Emerging Markets UCITS ETF USD | 19.79% | 18.65% | 13.95% | 4.67% | -13.87% | 4.04% | 6.95% | 21.14% | -11.36% | 8.49% |
Correlation
The correlation between XMME.DE and H410.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 (5Y) Calculated over the trailing 5-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2017 | 0.99 |
The correlation between XMME.DE and H410.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
XMME.DE vs. H410.DE — Risk / Return Rank
XMME.DE
H410.DE
XMME.DE vs. H410.DE - 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 HSBC MSCI Emerging Markets UCITS ETF USD (H410.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.
| XMME.DE | H410.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | -0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.31 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.03 | 3.17 | -0.15 |
| Martin ratioReturn relative to average drawdown | 9.31 | 9.64 | -0.33 |
Loading charts...
Drawdowns
XMME.DE vs. H410.DE - Drawdown Comparison
The maximum XMME.DE drawdown since its inception was -31.95%, smaller than the maximum H410.DE drawdown of -41.02%. Use the drawdown chart below to compare losses from any high point for XMME.DE and H410.DE.
Loading charts...
Drawdown Indicators
| XMME.DE | H410.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.95% | -41.02% | +9.07% |
Max Drawdown (1Y)Largest decline over 1 year | -11.00% | -10.71% | -0.29% |
Max Drawdown (3Y)Largest decline over 3 years | -19.16% | -19.01% | -0.15% |
Max Drawdown (5Y)Largest decline over 5 years | -23.46% | -22.77% | -0.69% |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.62% | — |
Current DrawdownCurrent decline from peak | -11.00% | -10.71% | -0.29% |
Average DrawdownAverage peak-to-trough decline | -9.76% | -13.30% | +3.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.58% | 3.53% | +0.05% |
Volatility
XMME.DE vs. H410.DE - Volatility Comparison
Xtrackers MSCI Emerging Markets UCITS ETF 1C (XMME.DE) and HSBC MSCI Emerging Markets UCITS ETF USD (H410.DE) have volatilities of 8.51% and 8.22%, 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
| XMME.DE | H410.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.51% | 8.22% | +0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 17.91% | 17.70% | +0.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.34% | 20.15% | +0.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.33% | 17.18% | +0.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.07% | 18.31% | +0.76% |
XMME.DE vs. H410.DE - Expense Ratio Comparison
XMME.DE has a 0.18% expense ratio, which is higher than H410.DE's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XMME.DE vs. H410.DE - Dividend Comparison
XMME.DE has not paid dividends to shareholders, while H410.DE's dividend yield for the trailing twelve months is around 1.71%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
H410.DE HSBC MSCI Emerging Markets UCITS ETF USD | 1.71% | 2.00% | 2.40% | 2.59% | 3.11% | 2.00% | 1.69% | 2.03% | 2.20% | 1.62% | 1.71% | 2.28% |
XMME.DE Xtrackers MSCI Emerging Markets 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% | 0.00% |
Frequently Asked Questions
With a correlation of 0.99, XMME.DE and H410.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.
On fees, H410.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
H410.DE is cheaper with a 0.15% expense ratio, compared with 0.18% for XMME.DE.
Both ETFs track MSCI Emerging Markets. They also come from different issuers: Xtrackers and HSBC. Their fees differ too: 0.18% for XMME.DE and 0.15% for H410.DE.
Find the right allocation for XMME.DE and H410.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