XUEM.DE vs. EMIE.DE

Last updated Apr 2, 2026

Compare and contrast key facts about Xtrackers USD Emerging Markets Bond UCITS ETF 2D (XUEM.DE) and UBS ETF (LU) J.P. Morgan USD EM IG ESG Diversified Bond UCITS ETF (EUR Hedged) Acc (EMIE.DE).

XUEM.DE and EMIE.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XUEM.DE is a passively managed fund by Xtrackers that tracks the performance of the JPM EMBI Global Diversified TR USD. It was launched on May 9, 2018. EMIE.DE is a passively managed fund by UBS that tracks the performance of the JP Morgan USD Emerging Markets IG ESG Diversified Bond (EUR Hedged). It was launched on Aug 2, 2019. Both XUEM.DE and EMIE.DE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

XUEM.DE vs. EMIE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers USD Emerging Markets Bond UCITS ETF 2D (XUEM.DE) and UBS ETF (LU) J.P. Morgan USD EM IG ESG Diversified Bond UCITS ETF (EUR Hedged) Acc (EMIE.DE). The values are adjusted to include any dividend payments, if applicable.

XUEM.DE vs. EMIE.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
XUEM.DE Xtrackers USD Emerging Markets Bond UCITS ETF 2D	0.38%	0.43%	11.58%	6.72%	-14.47%	4.14%	-6.64%	2.53%
EMIE.DE UBS ETF (LU) J.P. Morgan USD EM IG ESG Diversified Bond UCITS ETF (EUR Hedged) Acc	-1.54%	7.05%	-0.36%	3.88%	-19.72%	-2.93%	6.95%	2.47%

Returns By Period

In the year-to-date period, XUEM.DE achieves a 0.38% return, which is significantly higher than EMIE.DE's -1.54% return.

XUEM.DE

• 1D: 0.08%
• 1M: -1.64%
• YTD: 0.38%
• 6M: 3.04%
• 1Y: 1.64%
• 3Y*: 6.11%
• 5Y*: 1.51%
• 10Y*: —

EMIE.DE

• 1D: 0.46%
• 1M: -2.03%
• YTD: -1.54%
• 6M: -1.26%
• 1Y: 2.56%
• 3Y*: 2.17%
• 5Y*: -2.35%
• 10Y*: —

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

XUEM.DE vs. EMIE.DE - Expense Ratio Comparison

XUEM.DE has a 0.25% expense ratio, which is lower than EMIE.DE's 0.43% expense ratio.

EMIE.DE

UBS ETF (LU) J.P. Morgan USD EM IG ESG Diversified Bond UCITS ETF (EUR Hedged) Acc

XUEM.DE

Xtrackers USD Emerging Markets Bond UCITS ETF 2D

Return for Risk

XUEM.DE vs. EMIE.DE — Risk / Return Rank

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

XUEM.DE

XUEM.DE Risk / Return Rank: 16
XUEM.DE Sharpe Ratio Rank: 16
XUEM.DE Sortino Ratio Rank: 14
XUEM.DE Omega Ratio Rank: 15
XUEM.DE Calmar Ratio Rank: 17
XUEM.DE Martin Ratio Rank: 19

EMIE.DE

EMIE.DE Risk / Return Rank: 27
EMIE.DE Sharpe Ratio Rank: 29
EMIE.DE Sortino Ratio Rank: 27
EMIE.DE Omega Ratio Rank: 26
EMIE.DE Calmar Ratio Rank: 26
EMIE.DE Martin Ratio Rank: 28

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.

XUEM.DE vs. EMIE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers USD Emerging Markets Bond UCITS ETF 2D (XUEM.DE) and UBS ETF (LU) J.P. Morgan USD EM IG ESG Diversified Bond UCITS ETF (EUR Hedged) Acc (EMIE.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.

	XUEM.DE	EMIE.DE	Difference
Sharpe ratio Return per unit of total volatility	0.18	0.60	-0.42
Sortino ratio Return per unit of downside risk	0.30	0.84	-0.54
Omega ratio Gain probability vs. loss probability	1.05	1.11	-0.07
Calmar ratio Return relative to maximum drawdown	0.34	0.73	-0.39
Martin ratio Return relative to average drawdown	1.35	2.65	-1.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XUEM.DE vs. EMIE.DE - Sharpe Ratio Comparison

The current XUEM.DE Sharpe Ratio is 0.18, which is lower than the EMIE.DE Sharpe Ratio of 0.60. The chart below compares the historical Sharpe Ratios of XUEM.DE and EMIE.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	XUEM.DE	EMIE.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.18	0.60	-0.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.17	-0.35	+0.52
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	-0.13	+0.38

Correlation

The correlation between XUEM.DE and EMIE.DE is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

XUEM.DE vs. EMIE.DE - Dividend Comparison

XUEM.DE's dividend yield for the trailing twelve months is around 4.65%, while EMIE.DE has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019
XUEM.DE Xtrackers USD Emerging Markets Bond UCITS ETF 2D	4.65%	4.97%	6.06%	5.00%	5.62%	6.82%	4.07%	0.54%
EMIE.DE UBS ETF (LU) J.P. Morgan USD EM IG ESG Diversified Bond UCITS ETF (EUR Hedged) Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

XUEM.DE vs. EMIE.DE - Drawdown Comparison

The maximum XUEM.DE drawdown since its inception was -26.83%, roughly equal to the maximum EMIE.DE drawdown of -26.98%. Use the drawdown chart below to compare losses from any high point for XUEM.DE and EMIE.DE.

Drawdown Indicators

	XUEM.DE	EMIE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-26.83%	-26.98%	+0.15%
Max Drawdown (1Y) Largest decline over 1 year	-9.06%	-3.53%	-5.53%
Max Drawdown (5Y) Largest decline over 5 years	-17.85%	-25.83%	+7.98%
Current Drawdown Current decline from peak	-5.56%	-14.98%	+9.42%
Average Drawdown Average peak-to-trough decline	-10.49%	-12.65%	+2.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.68%	0.97%	+0.71%

Volatility

XUEM.DE vs. EMIE.DE - Volatility Comparison

Xtrackers USD Emerging Markets Bond UCITS ETF 2D (XUEM.DE) has a higher volatility of 2.12% compared to UBS ETF (LU) J.P. Morgan USD EM IG ESG Diversified Bond UCITS ETF (EUR Hedged) Acc (EMIE.DE) at 1.49%. This indicates that XUEM.DE's price experiences larger fluctuations and is considered to be riskier than EMIE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XUEM.DE	EMIE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.12%	1.49%	+0.63%
Volatility (6M) Calculated over the trailing 6-month period	4.20%	2.42%	+1.78%
Volatility (1Y) Calculated over the trailing 1-year period	8.90%	4.24%	+4.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.78%	6.67%	+2.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.54%	8.02%	+2.52%