XZEM.DE vs. 84X0.DE
XZEM.DE (Xtrackers MSCI Emerging Markets ESG UCITS ETF 1C) and 84X0.DE (iShares MSCI EM ex-China UCITS ETF USD Acc) are both Emerging Markets Equities funds - XZEM.DE tracks the MSCI Emerging Markets Low Carbon SRI Leaders while 84X0.DE tracks the MSCI Emerging Markets ex China Index (Net). Both are passively managed. Over the past year, XZEM.DE returned 26.52% vs 67.73% for 84X0.DE. Their correlation of 0.81 suggests significant overlap in exposure. XZEM.DE charges 0.25%/yr vs 0.18%/yr for 84X0.DE.
Performance
XZEM.DE vs. 84X0.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XZEM.DE achieves a 11.70% return, which is significantly lower than 84X0.DE's 40.37% return.
XZEM.DE
- 1D
- -1.27%
- 1M
- -0.90%
- YTD
- 11.70%
- 6M
- 10.81%
- 1Y
- 26.52%
- 3Y*
- 14.21%
- 5Y*
- 3.14%
- 10Y*
- —
84X0.DE
- 1D
- -1.73%
- 1M
- 5.67%
- YTD
- 40.37%
- 6M
- 42.72%
- 1Y
- 67.73%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XZEM.DE vs. 84X0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XZEM.DE Xtrackers MSCI Emerging Markets ESG UCITS ETF 1C | 11.70% | 16.53% | 16.91% | 1.12% |
84X0.DE iShares MSCI EM ex-China UCITS ETF USD Acc | 40.37% | 19.85% | 9.62% | 7.38% |
Correlation
The correlation between XZEM.DE and 84X0.DE is 0.85, 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 | 0.85 |
Correlation (All Time) Calculated using the full available price history since Nov 6, 2023 | 0.81 |
The correlation between XZEM.DE and 84X0.DE has been stable across timeframes, ranging from 0.81 to 0.85 - a consistent structural relationship.
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Return for Risk
XZEM.DE vs. 84X0.DE — Risk / Return Rank
XZEM.DE
84X0.DE
XZEM.DE vs. 84X0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Emerging Markets ESG UCITS ETF 1C (XZEM.DE) and iShares MSCI EM ex-China UCITS ETF USD Acc (84X0.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.
| XZEM.DE | 84X0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.92 | ||
| Sortino ratioReturn per unit of downside risk | -2.21 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.64 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | 2.57 | 5.88 | -3.31 |
| Martin ratioReturn relative to average drawdown | 8.36 | 21.92 | -13.56 |
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
| XZEM.DE | 84X0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.60 | 3.52 | -1.92 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 1.77 | -1.49 |
Drawdowns
XZEM.DE vs. 84X0.DE - Drawdown Comparison
The maximum XZEM.DE drawdown since its inception was -37.16%, which is greater than 84X0.DE's maximum drawdown of -19.72%. Use the drawdown chart below to compare losses from any high point for XZEM.DE and 84X0.DE.
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Drawdown Indicators
| XZEM.DE | 84X0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.16% | -19.72% | -17.44% |
Max Drawdown (1Y)Largest decline over 1 year | -10.55% | -11.66% | +1.11% |
Max Drawdown (3Y)Largest decline over 3 years | -20.90% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -32.73% | — | — |
Current DrawdownCurrent decline from peak | -3.21% | -2.49% | -0.72% |
Average DrawdownAverage peak-to-trough decline | -16.68% | -2.70% | -13.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.25% | 3.13% | +0.12% |
Volatility
XZEM.DE vs. 84X0.DE - Volatility Comparison
The current volatility for Xtrackers MSCI Emerging Markets ESG UCITS ETF 1C (XZEM.DE) is 5.92%, while iShares MSCI EM ex-China UCITS ETF USD Acc (84X0.DE) has a volatility of 8.41%. This indicates that XZEM.DE experiences smaller price fluctuations and is considered to be less risky than 84X0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XZEM.DE | 84X0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.92% | 8.41% | -2.49% |
Volatility (6M)Calculated over the trailing 6-month period | 13.59% | 16.93% | -3.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.03% | 19.46% | -2.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.53% | 17.11% | +1.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.72% | 17.11% | +3.61% |
XZEM.DE vs. 84X0.DE - Expense Ratio Comparison
XZEM.DE has a 0.25% expense ratio, which is higher than 84X0.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
XZEM.DE vs. 84X0.DE - Dividend Comparison
Neither XZEM.DE nor 84X0.DE has paid dividends to shareholders.
Frequently Asked Questions
XZEM.DE and 84X0.DE have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 84X0.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
84X0.DE is cheaper with a 0.18% expense ratio, compared with 0.25% for XZEM.DE.
XZEM.DE tracks MSCI Emerging Markets Low Carbon SRI Leaders, while 84X0.DE tracks MSCI Emerging Markets ex China Index (Net). They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.25% for XZEM.DE and 0.18% for 84X0.DE.
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