XNAS.DE vs. XEMD.DE
XNAS.DE (Xtrackers Nasdaq 100 UCITS ETF 1C) and XEMD.DE (Xtrackers MSCI Emerging Markets UCITS ETF 1D) are both exchange-traded funds - XNAS.DE is a Nasdaq-100 fund tracking the Nasdaq 100®, while XEMD.DE is a Emerging Markets Equities fund tracking the MSCI EM NR USD. Both are passively managed. Over the past 3 years, XNAS.DE returned 24.64%/yr vs 20.80%/yr for XEMD.DE. A 0.58 correlation means they provide meaningful diversification when combined. XNAS.DE charges 0.20%/yr vs 0.18%/yr for XEMD.DE.
Performance
XNAS.DE vs. XEMD.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XNAS.DE achieves a 20.53% return, which is significantly lower than XEMD.DE's 28.06% return.
XNAS.DE
- 1D
- -0.83%
- 1M
- 9.23%
- YTD
- 20.53%
- 6M
- 19.39%
- 1Y
- 37.85%
- 3Y*
- 24.64%
- 5Y*
- 18.79%
- 10Y*
- —
XEMD.DE
- 1D
- -1.59%
- 1M
- 6.02%
- YTD
- 28.06%
- 6M
- 29.15%
- 1Y
- 49.56%
- 3Y*
- 20.80%
- 5Y*
- —
- 10Y*
- —
XNAS.DE vs. XEMD.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XNAS.DE Xtrackers Nasdaq 100 UCITS ETF 1C | 20.53% | 7.11% | 33.75% | 51.36% | -29.99% | 3.97% |
XEMD.DE Xtrackers MSCI Emerging Markets UCITS ETF 1D | 28.06% | 18.67% | 13.85% | 5.68% | -14.85% | -1.50% |
Correlation
The correlation between XNAS.DE and XEMD.DE is 0.70, 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 | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 2021 | 0.58 |
The correlation between XNAS.DE and XEMD.DE shifts across timeframes, from 0.58 (all time) to 0.70 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
XNAS.DE vs. XEMD.DE — Risk / Return Rank
XNAS.DE
XEMD.DE
XNAS.DE vs. XEMD.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Nasdaq 100 UCITS ETF 1C (XNAS.DE) and Xtrackers MSCI Emerging Markets UCITS ETF 1D (XEMD.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.
| XNAS.DE | XEMD.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.37 | ||
| Sortino ratioReturn per unit of downside risk | -0.53 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.50 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.77 | 4.60 | -0.83 |
| Martin ratioReturn relative to average drawdown | 11.16 | 16.76 | -5.60 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XNAS.DE | XEMD.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.40 | 2.77 | -0.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.93 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.91 | 0.58 | +0.33 |
Drawdowns
XNAS.DE vs. XEMD.DE - Drawdown Comparison
The maximum XNAS.DE drawdown since its inception was -31.25%, which is greater than XEMD.DE's maximum drawdown of -23.50%. Use the drawdown chart below to compare losses from any high point for XNAS.DE and XEMD.DE.
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Drawdown Indicators
| XNAS.DE | XEMD.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.25% | -23.50% | -7.75% |
Max Drawdown (1Y)Largest decline over 1 year | -10.00% | -10.72% | +0.72% |
Max Drawdown (3Y)Largest decline over 3 years | -26.72% | -19.19% | -7.53% |
Max Drawdown (5Y)Largest decline over 5 years | -31.25% | — | — |
Current DrawdownCurrent decline from peak | -0.83% | -2.54% | +1.71% |
Average DrawdownAverage peak-to-trough decline | -7.83% | -9.22% | +1.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.38% | 2.95% | +0.43% |
Volatility
XNAS.DE vs. XEMD.DE - Volatility Comparison
The current volatility for Xtrackers Nasdaq 100 UCITS ETF 1C (XNAS.DE) is 4.31%, while Xtrackers MSCI Emerging Markets UCITS ETF 1D (XEMD.DE) has a volatility of 7.39%. This indicates that XNAS.DE experiences smaller price fluctuations and is considered to be less risky than XEMD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XNAS.DE | XEMD.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.31% | 7.39% | -3.08% |
Volatility (6M)Calculated over the trailing 6-month period | 10.91% | 15.08% | -4.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.71% | 17.84% | -2.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.88% | 16.76% | +3.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.84% | 16.76% | +3.08% |
XNAS.DE vs. XEMD.DE - Expense Ratio Comparison
XNAS.DE has a 0.20% expense ratio, which is higher than XEMD.DE's 0.18% 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
XNAS.DE vs. XEMD.DE - Dividend Comparison
XNAS.DE has not paid dividends to shareholders, while XEMD.DE's dividend yield for the trailing twelve months is around 1.55%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
XEMD.DE Xtrackers MSCI Emerging Markets UCITS ETF 1D | 1.55% | 1.92% | 3.01% | 2.38% | 2.66% |
XNAS.DE Xtrackers Nasdaq 100 UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XNAS.DE and XEMD.DE have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XEMD.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XEMD.DE is cheaper with a 0.18% expense ratio, compared with 0.20% for XNAS.DE.
XNAS.DE is categorized as Nasdaq-100, while XEMD.DE is Emerging Markets Equities. XNAS.DE tracks Nasdaq 100®, while XEMD.DE tracks MSCI EM NR USD. Their fees differ too: 0.20% for XNAS.DE and 0.18% for XEMD.DE.
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