XZEM.DE vs. EMXC.DE
XZEM.DE (Xtrackers MSCI Emerging Markets ESG UCITS ETF 1C) and EMXC.DE (Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc) are both Emerging Markets Equities funds - XZEM.DE tracks the MSCI Emerging Markets Low Carbon SRI Leaders while EMXC.DE tracks the MSCI EM NR USD. Both are passively managed. Over the past 5 years, XZEM.DE returned 3.14%/yr vs 13.66%/yr for EMXC.DE. A 0.78 correlation means they provide meaningful diversification when combined. XZEM.DE charges 0.25%/yr vs 0.15%/yr for EMXC.DE.
Performance
XZEM.DE vs. EMXC.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 EMXC.DE's 40.23% return.
XZEM.DE
- 1D
- -1.27%
- 1M
- 1.22%
- YTD
- 11.70%
- 6M
- 11.70%
- 1Y
- 27.23%
- 3Y*
- 14.21%
- 5Y*
- 3.14%
- 10Y*
- —
EMXC.DE
- 1D
- -1.80%
- 1M
- 8.39%
- YTD
- 40.23%
- 6M
- 44.14%
- 1Y
- 69.02%
- 3Y*
- 25.05%
- 5Y*
- 13.66%
- 10Y*
- —
XZEM.DE vs. EMXC.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
XZEM.DE Xtrackers MSCI Emerging Markets ESG UCITS ETF 1C | 11.70% | 16.53% | 16.91% | 0.19% | -14.31% | -4.19% | 6.11% | 9.91% |
EMXC.DE Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc | 40.23% | 19.92% | 9.13% | 14.33% | -13.60% | 17.56% | 2.27% | 7.92% |
Correlation
The correlation between XZEM.DE and EMXC.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 (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Oct 21, 2019 | 0.78 |
The correlation between XZEM.DE and EMXC.DE has been stable across timeframes, ranging from 0.77 to 0.85 - a consistent structural relationship.
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Return for Risk
XZEM.DE vs. EMXC.DE — Risk / Return Rank
XZEM.DE
EMXC.DE
XZEM.DE vs. EMXC.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 Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc (EMXC.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 | EMXC.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.86 | ||
| Sortino ratioReturn per unit of downside risk | -2.14 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.62 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 2.57 | 5.78 | -3.21 |
| Martin ratioReturn relative to average drawdown | 8.36 | 21.97 | -13.61 |
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 | EMXC.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.60 | 3.46 | -1.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 0.85 | -0.69 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.69 | -0.41 |
Drawdowns
XZEM.DE vs. EMXC.DE - Drawdown Comparison
The maximum XZEM.DE drawdown since its inception was -37.16%, roughly equal to the maximum EMXC.DE drawdown of -38.77%. Use the drawdown chart below to compare losses from any high point for XZEM.DE and EMXC.DE.
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Drawdown Indicators
| XZEM.DE | EMXC.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.16% | -38.77% | +1.61% |
Max Drawdown (1Y)Largest decline over 1 year | -10.55% | -11.87% | +1.32% |
Max Drawdown (3Y)Largest decline over 3 years | -20.90% | -20.48% | -0.42% |
Max Drawdown (5Y)Largest decline over 5 years | -32.73% | -20.48% | -12.25% |
Current DrawdownCurrent decline from peak | -3.21% | -2.53% | -0.68% |
Average DrawdownAverage peak-to-trough decline | -16.68% | -6.73% | -9.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.25% | 3.13% | +0.12% |
Volatility
XZEM.DE vs. EMXC.DE - Volatility Comparison
The current volatility for Xtrackers MSCI Emerging Markets ESG UCITS ETF 1C (XZEM.DE) is 5.92%, while Lyxor MSCI Emerging Markets Ex China UCITS ETF - Acc (EMXC.DE) has a volatility of 8.44%. This indicates that XZEM.DE experiences smaller price fluctuations and is considered to be less risky than EMXC.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 | EMXC.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.92% | 8.44% | -2.52% |
Volatility (6M)Calculated over the trailing 6-month period | 13.59% | 17.23% | -3.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.03% | 19.85% | -2.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.53% | 15.83% | +2.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.72% | 18.50% | +2.22% |
XZEM.DE vs. EMXC.DE - Expense Ratio Comparison
XZEM.DE has a 0.25% expense ratio, which is higher than EMXC.DE's 0.15% 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. EMXC.DE - Dividend Comparison
Neither XZEM.DE nor EMXC.DE has paid dividends to shareholders.
Frequently Asked Questions
XZEM.DE and EMXC.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, EMXC.DE is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EMXC.DE is cheaper with a 0.15% expense ratio, compared with 0.25% for XZEM.DE.
XZEM.DE tracks MSCI Emerging Markets Low Carbon SRI Leaders, while EMXC.DE tracks MSCI EM NR USD. They also come from different issuers: Xtrackers and Amundi. Their fees differ too: 0.25% for XZEM.DE and 0.15% for EMXC.DE.
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