XZEM.DE vs. IBC3.DE
XZEM.DE (Xtrackers MSCI Emerging Markets ESG UCITS ETF 1C) and IBC3.DE (iShares Core MSCI Emerging Markets IMI UCITS ETF) are both Emerging Markets Equities funds - XZEM.DE tracks the MSCI Emerging Markets Low Carbon SRI Leaders while IBC3.DE tracks the MSCI Emerging Markets Investable Market (IMI). Both are passively managed. Over the past 5 years, XZEM.DE returned 3.14%/yr vs 8.85%/yr for IBC3.DE. Their correlation of 0.94 suggests significant overlap in exposure. XZEM.DE charges 0.25%/yr vs 0.18%/yr for IBC3.DE.
Performance
XZEM.DE vs. IBC3.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XZEM.DE achieves a 11.70% return, which is significantly lower than IBC3.DE's 25.91% 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*
- —
IBC3.DE
- 1D
- -1.44%
- 1M
- 5.28%
- YTD
- 25.91%
- 6M
- 27.63%
- 1Y
- 47.26%
- 3Y*
- 20.30%
- 5Y*
- 8.85%
- 10Y*
- —
XZEM.DE vs. IBC3.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% |
IBC3.DE iShares Core MSCI Emerging Markets IMI UCITS ETF | 25.91% | 17.59% | 14.06% | 7.48% | -13.80% | 7.38% | 7.44% | 9.14% |
Correlation
The correlation between XZEM.DE and IBC3.DE is 0.92, 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 | 0.92 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.93 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Oct 21, 2019 | 0.94 |
The correlation between XZEM.DE and IBC3.DE has been stable across timeframes, ranging from 0.92 to 0.94 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XZEM.DE vs. IBC3.DE — Risk / Return Rank
XZEM.DE
IBC3.DE
XZEM.DE vs. IBC3.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 Core MSCI Emerging Markets IMI UCITS ETF (IBC3.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 | IBC3.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.11 | ||
| Sortino ratioReturn per unit of downside risk | -1.35 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.49 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 2.57 | 4.51 | -1.94 |
| Martin ratioReturn relative to average drawdown | 8.36 | 16.28 | -7.93 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XZEM.DE | IBC3.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.60 | 2.71 | -1.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 0.54 | -0.37 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.47 | -0.19 |
Drawdowns
XZEM.DE vs. IBC3.DE - Drawdown Comparison
The maximum XZEM.DE drawdown since its inception was -37.16%, which is greater than IBC3.DE's maximum drawdown of -31.89%. Use the drawdown chart below to compare losses from any high point for XZEM.DE and IBC3.DE.
Loading charts...
Drawdown Indicators
| XZEM.DE | IBC3.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.16% | -31.89% | -5.27% |
Max Drawdown (1Y)Largest decline over 1 year | -10.55% | -10.42% | -0.13% |
Max Drawdown (3Y)Largest decline over 3 years | -20.90% | -19.08% | -1.82% |
Max Drawdown (5Y)Largest decline over 5 years | -32.73% | -21.95% | -10.78% |
Current DrawdownCurrent decline from peak | -3.21% | -2.52% | -0.69% |
Average DrawdownAverage peak-to-trough decline | -16.68% | -7.84% | -8.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.25% | 2.89% | +0.36% |
Volatility
XZEM.DE vs. IBC3.DE - Volatility Comparison
The current volatility for Xtrackers MSCI Emerging Markets ESG UCITS ETF 1C (XZEM.DE) is 5.92%, while iShares Core MSCI Emerging Markets IMI UCITS ETF (IBC3.DE) has a volatility of 7.06%. This indicates that XZEM.DE experiences smaller price fluctuations and is considered to be less risky than IBC3.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XZEM.DE | IBC3.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.92% | 7.06% | -1.14% |
Volatility (6M)Calculated over the trailing 6-month period | 13.59% | 14.60% | -1.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.03% | 17.37% | -0.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.53% | 16.23% | +2.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.72% | 18.42% | +2.30% |
XZEM.DE vs. IBC3.DE - Expense Ratio Comparison
XZEM.DE has a 0.25% expense ratio, which is higher than IBC3.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. IBC3.DE - Dividend Comparison
XZEM.DE has not paid dividends to shareholders, while IBC3.DE's dividend yield for the trailing twelve months is around 1.88%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
IBC3.DE iShares Core MSCI Emerging Markets IMI UCITS ETF | 1.88% | 2.26% | 2.44% | 2.69% | 3.36% | 2.18% | 2.09% | 2.56% | 2.08% |
XZEM.DE Xtrackers MSCI Emerging Markets ESG UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.92, XZEM.DE and IBC3.DE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, IBC3.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IBC3.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 IBC3.DE tracks MSCI Emerging Markets Investable Market (IMI). They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.25% for XZEM.DE and 0.18% for IBC3.DE.
Find the right allocation for XZEM.DE and IBC3.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer