XSOE vs. GEME
XSOE (WisdomTree Emerging Markets ex-State-Owned Enterprises Fund) and GEME (Pacific North of South Global Emerging Markets Equity Active ETF) are both Emerging Markets Equities funds. XSOE is passively managed, while GEME is actively managed. Over the past year, XSOE returned 54.87% vs 82.30% for GEME. Their correlation of 0.89 suggests significant overlap in exposure. XSOE charges 0.32%/yr vs 0.75%/yr for GEME.
Performance
XSOE vs. GEME - Performance Comparison
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Returns By Period
In the year-to-date period, XSOE achieves a 27.99% return, which is significantly lower than GEME's 38.52% return.
XSOE
- 1D
- -1.31%
- 1M
- 9.84%
- YTD
- 27.99%
- 6M
- 30.83%
- 1Y
- 54.87%
- 3Y*
- 23.36%
- 5Y*
- 5.06%
- 10Y*
- 10.77%
GEME
- 1D
- -1.23%
- 1M
- 10.91%
- YTD
- 38.52%
- 6M
- 44.89%
- 1Y
- 82.30%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XSOE vs. GEME - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund | 27.99% | 27.91% |
GEME Pacific North of South Global Emerging Markets Equity Active ETF | 38.52% | 37.35% |
Correlation
The correlation between XSOE and GEME 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 (All Time) Calculated using the full available price history since Jan 24, 2025 | 0.89 |
The correlation between XSOE and GEME has been stable across timeframes, ranging from 0.89 to 0.90 - a consistent structural relationship.
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Return for Risk
XSOE vs. GEME — Risk / Return Rank
XSOE
GEME
XSOE vs. GEME - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE) and Pacific North of South Global Emerging Markets Equity Active ETF (GEME). 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.
| XSOE | GEME | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.11 | ||
| Sortino ratioReturn per unit of downside risk | -1.02 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.68 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 4.14 | 6.15 | -2.01 |
| Martin ratioReturn relative to average drawdown | 15.84 | 24.06 | -8.21 |
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
| XSOE | GEME | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.79 | 3.90 | -1.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.52 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 2.66 | -2.25 |
Drawdowns
XSOE vs. GEME - Drawdown Comparison
The maximum XSOE drawdown since its inception was -45.23%, which is greater than GEME's maximum drawdown of -16.86%. Use the drawdown chart below to compare losses from any high point for XSOE and GEME.
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Drawdown Indicators
| XSOE | GEME | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.23% | -16.86% | -28.37% |
Max Drawdown (1Y)Largest decline over 1 year | -13.31% | -13.46% | +0.15% |
Max Drawdown (3Y)Largest decline over 3 years | -19.96% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -42.05% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -45.23% | — | — |
Current DrawdownCurrent decline from peak | -1.31% | -1.23% | -0.08% |
Average DrawdownAverage peak-to-trough decline | -17.28% | -2.30% | -14.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.47% | 3.43% | +0.04% |
Volatility
XSOE vs. GEME - Volatility Comparison
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund (XSOE) and Pacific North of South Global Emerging Markets Equity Active ETF (GEME) have volatilities of 8.57% and 8.56%, 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.
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Volatility by Period
| XSOE | GEME | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.57% | 8.56% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 17.24% | 17.91% | -0.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.77% | 21.23% | -1.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.43% | 22.95% | -3.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.59% | 22.95% | -2.36% |
XSOE vs. GEME - Expense Ratio Comparison
XSOE has a 0.32% expense ratio, which is lower than GEME's 0.75% expense ratio.
Dividends
XSOE vs. GEME - Dividend Comparison
XSOE's dividend yield for the trailing twelve months is around 1.28%, less than GEME's 5.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GEME Pacific North of South Global Emerging Markets Equity Active ETF | 5.06% | 7.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund | 1.28% | 1.50% | 1.44% | 1.78% | 2.53% | 1.36% | 1.02% | 2.01% | 1.56% | 0.65% | 1.43% | 3.93% |
Frequently Asked Questions
XSOE and GEME have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XSOE has higher volatility (8.57%) compared to GEME (8.56%). In terms of maximum drawdown, XSOE dropped -45.23% vs GEME's -16.86%.
On 1-year performance, GEME leads with 82.30% vs 54.87% for XSOE. On fees, XSOE is cheaper at 0.32% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, GEME has performed better with a 82.30% return vs 54.87%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
XSOE is cheaper with a 0.32% expense ratio, compared with 0.75% for GEME.
GEME has the higher dividend yield at 5.06%, compared with 1.28% for XSOE.
They also come from different issuers: WisdomTree and Pacific AM. Their fees differ too: 0.32% for XSOE and 0.75% for GEME.
GEME currently has the higher Sharpe Ratio (3.90 vs 2.79), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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