EMCS vs FDEM
Xtrackers MSCI Emerging Markets Select ETF vs Fidelity Emerging Markets Multifactor ETF
Which is better, EMCS or FDEM?
Each has led over a different period.
EMCS has a lower expense ratio. EMCS led over 1Y, 3Y and the full window, FDEM over 5Y. The two have moved almost in lockstep, correlation 0.92.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | EMCS | FDEM |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.25% |
| AUM | $1.0B | $499M |
| Dividend Yield | 1.53% | 3.45% |
| Holdings | 148 | 482 |
| YTD Return | +19.53%Best | +7.56% |
| 1Y Return | +23.84%Best | +8.91% |
| 3Y Return (annualized) | +25.78%Best | +17.71% |
| 5Y Return (annualized) | +7.59% | +8.53%Best |
| Volatility (annualized) | 19.0% | 15.6%Best |
| Max Drawdown | -44.9% | -33.6%Best |
| $10,000 over 5 years | $14,416 | $15,057Best |
| Fund Family | Xtrackers ETFs | Fidelity Investments (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 4, 2018 | Feb 26, 2019 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Feb 28, 2019 to Nov 11, 2026 (7.7 years).
EMCS vs FDEM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 7.7 years both funds cover.
EMCS vs FDEM Performance
Xtrackers MSCI Emerging Markets Select ETF (EMCS) is an ETF from Xtrackers ETFs and Fidelity Emerging Markets Multifactor ETF (FDEM) is an ETF from Fidelity Investments (US). Over the past year EMCS returned +23.84% while FDEM returned +8.91%. Year to date, EMCS is up 19.53% versus a gain of 7.56% for FDEM.
Over three years, EMCS compounded at +25.78% per year against +17.71% for FDEM; over five years the annualized figures are +7.59% and +8.53% respectively. Across the full 8-year window we track, EMCS has the edge at +8.43% annualized vs +7.20%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EMCS has been the more volatile fund, with annualized monthly volatility of 19.0% compared with 15.6% for FDEM. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -44.9% for EMCS and -33.6% for FDEM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
EMCS charges 0.15% per year while FDEM charges 0.25%. On a $10,000 position that is $15 vs $25 annually, a gap of $10 per year that compounds over a long holding period. On income, EMCS currently yields 1.53% against 3.45% for FDEM.
You are not choosing between two funds in isolation.
Whichever of EMCS and FDEM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EMCS or FDEM?
EMCS has an expense ratio of 0.15% while FDEM charges 0.25%. EMCS is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, EMCS or FDEM?
Over the past year EMCS returned +23.84% vs +8.91% for FDEM, so EMCS leads on 1-year performance. Over the longest common window we track (8 years), EMCS annualized +8.43% vs +7.20% for FDEM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EMCS or FDEM?
EMCS has been the more volatile fund at 19.0% annualized versus 15.6% for FDEM. Worst drawdown: EMCS -44.9% vs FDEM -33.6%.
Should I hold both EMCS and FDEM?
EMCS and FDEM have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, EMCS or FDEM?
EMCS yields 1.53% while FDEM yields 3.45%, so FDEM currently pays the higher dividend yield.
Is FDEM better than EMCS?
EMCS has a lower expense ratio. EMCS led over 1Y, 3Y and the full window, FDEM over 5Y. The two have moved almost in lockstep, correlation 0.92. Which one suits a particular account depends on what it is for. This is information, not a recommendation.