XMME.DE vs. UEF5.DE

Last updated Jun 26, 2026

XMME.DE (Xtrackers MSCI Emerging Markets UCITS ETF 1C) and UEF5.DE (UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis) are both Emerging Markets Equities funds - XMME.DE tracks the MSCI Emerging Markets while UEF5.DE tracks the MSCI Emerging Markets SRI Low Carbon Select 5% Issuer Capped. Both are passively managed. Over the past 5 years, XMME.DE returned 8.27%/yr vs 9.65%/yr for UEF5.DE. Their correlation of 0.93 suggests significant overlap in exposure. XMME.DE charges 0.18%/yr vs 0.24%/yr for UEF5.DE.

Performance

XMME.DE vs. UEF5.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers MSCI Emerging Markets UCITS ETF 1C (XMME.DE) and UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis (UEF5.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XMME.DE achieves a 29.71% return, which is significantly lower than UEF5.DE's 35.39% return.

XMME.DE

• 1D: 0.73%
• 1M: 2.51%
• YTD: 29.71%
• 6M: 30.46%
• 1Y: 48.38%
• 3Y*: 21.87%
• 5Y*: 8.27%
• 10Y*: —

UEF5.DE

• 1D: -0.15%
• 1M: 2.43%
• YTD: 35.39%
• 6M: 37.90%
• 1Y: 55.38%
• 3Y*: 25.01%
• 5Y*: 9.65%
• 10Y*: 9.93%

*Multi-year figures are annualized to reflect compound growth (CAGR)

XMME.DE vs. UEF5.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
XMME.DE Xtrackers MSCI Emerging Markets UCITS ETF 1C	29.71%	18.69%	13.82%	5.89%	-15.00%	4.75%	6.58%	21.91%	-11.16%	-2.35%
UEF5.DE UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis	35.39%	20.99%	15.47%	3.78%	-15.32%	6.96%	5.36%	14.51%	-7.68%	7.38%

Correlation

The correlation between XMME.DE and UEF5.DE is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (All Time) Calculated using the full available price history since Jun 21, 2017	0.93

The correlation between XMME.DE and UEF5.DE has been stable across timeframes, ranging from 0.90 to 0.93 - a consistent structural relationship.

Return for Risk

XMME.DE vs. UEF5.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XMME.DE

XMME.DE Risk / Return Rank: 86
XMME.DE Sharpe Ratio Rank: 88
XMME.DE Sortino Ratio Rank: 84
XMME.DE Omega Ratio Rank: 86
XMME.DE Calmar Ratio Rank: 88
XMME.DE Martin Ratio Rank: 85

UEF5.DE

UEF5.DE Risk / Return Rank: 91
UEF5.DE Sharpe Ratio Rank: 91
UEF5.DE Sortino Ratio Rank: 90
UEF5.DE Omega Ratio Rank: 89
UEF5.DE Calmar Ratio Rank: 93
UEF5.DE Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XMME.DE vs. UEF5.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 UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis (UEF5.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	UEF5.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.50	2.76	-0.26
Sortino ratio: Return per unit of downside risk	3.27	3.65	-0.38
Omega ratio: Gain probability vs. loss probability	1.46	1.48	-0.03
Calmar ratio: Return relative to maximum drawdown	4.51	5.77	-1.26
Martin ratio: Return relative to average drawdown	15.47	19.03	-3.57

XMME.DE vs. UEF5.DE - Sharpe Ratio Comparison

The current XMME.DE Sharpe Ratio is 2.50, which is comparable to the UEF5.DE Sharpe Ratio of 2.76. The chart below compares the historical Sharpe Ratios of XMME.DE and UEF5.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

XMME.DE vs. UEF5.DE - Drawdown Comparison

The maximum XMME.DE drawdown since its inception was -31.95%, smaller than the maximum UEF5.DE drawdown of -38.64%. Use the drawdown chart below to compare losses from any high point for XMME.DE and UEF5.DE.

Drawdown Indicators

	XMME.DE	UEF5.DE	Difference
Max Drawdown Largest peak-to-trough decline	-31.95%	-38.64%	+6.69%
Max Drawdown (1Y) Largest decline over 1 year	-10.68%	-9.56%	-1.12%
Max Drawdown (3Y) Largest decline over 3 years	-19.16%	-20.35%	+1.19%
Max Drawdown (5Y) Largest decline over 5 years	-24.39%	-24.36%	-0.03%
Max Drawdown (10Y) Largest decline over 10 years	—	-36.70%	—
Current Drawdown Current decline from peak	-3.80%	-4.84%	+1.04%
Average Drawdown Average peak-to-trough decline	-9.78%	-13.30%	+3.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.12%	2.90%	+0.22%

Volatility

XMME.DE vs. UEF5.DE - Volatility Comparison

Xtrackers MSCI Emerging Markets UCITS ETF 1C (XMME.DE) has a higher volatility of 8.81% compared to UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis (UEF5.DE) at 7.79%. This indicates that XMME.DE's price experiences larger fluctuations and is considered to be riskier than UEF5.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XMME.DE	UEF5.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.81%	7.79%	+1.02%
Volatility (6M) Calculated over the trailing 6-month period	16.93%	17.15%	-0.22%
Volatility (1Y) Calculated over the trailing 1-year period	19.22%	19.96%	-0.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.12%	17.92%	-0.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.99%	18.94%	+0.05%

XMME.DE vs. UEF5.DE - Expense Ratio Comparison

XMME.DE has a 0.18% expense ratio, which is lower than UEF5.DE's 0.24% 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

XMME.DE vs. UEF5.DE - Dividend Comparison

XMME.DE has not paid dividends to shareholders, while UEF5.DE's dividend yield for the trailing twelve months is around 1.57%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
UEF5.DE UBS ETF (LU) MSCI Emerging Markets Socially Responsible UCITS ETF (USD) A-dis	1.57%	2.19%	1.73%	2.36%	2.19%	1.32%	1.89%	2.00%	2.16%	2.00%	2.30%	1.65%
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

Can I hold both XMME.DE and UEF5.DE in my portfolio?

With a correlation of 0.90, XMME.DE and UEF5.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.

Which ETF is better, XMME.DE or UEF5.DE?

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.

Which ETF is cheaper, XMME.DE or UEF5.DE?

XMME.DE is cheaper with a 0.18% expense ratio, compared with 0.24% for UEF5.DE.

What is the main difference between XMME.DE and UEF5.DE?

XMME.DE tracks MSCI Emerging Markets, while UEF5.DE tracks MSCI Emerging Markets SRI Low Carbon Select 5% Issuer Capped. They also come from different issuers: Xtrackers and UBS. Their fees differ too: 0.18% for XMME.DE and 0.24% for UEF5.DE.