EMCS vs RAYE
Xtrackers MSCI Emerging Markets Select ETF vs Rayliant Quantamental Emerging Market ex-China Equity ETF
Which is better, EMCS or RAYE?
Each has led over a different period.
EMCS has a lower expense ratio. EMCS led over 1Y, RAYE over the full window.
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 | RAYE |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.88% |
| AUM | $1.0B | $37M |
| Dividend Yield | 1.53% | 2.93% |
| Holdings | 148 | 119 |
| Volatility (annualized) | 18.5% | 15.7%Best |
| Max Drawdown | -37.2% | -26.9%Best |
| $10,000 over 4 years | $12,304 | $12,318Best |
| Fund Family | Xtrackers ETFs | The Advisors Inner Circle Fund |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 4, 2018 | Dec 15, 2021 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 322 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. EMCS has data through Nov 6, 2026 and RAYE through Dec 19, 2025.
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Dec 16, 2021 to Dec 19, 2025 (4 years).
Risk: Volatility and Drawdowns
EMCS has been the more volatile fund, with annualized monthly volatility of 18.5% compared with 15.7% for RAYE. 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 -37.2% for EMCS and -26.9% for RAYE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EMCS charges 0.15% per year while RAYE charges 0.88%. On a $10,000 position that is $15 vs $88 annually, a gap of $73 per year that compounds over a long holding period. On income, EMCS currently yields 1.53% against 2.93% for RAYE.
You are not choosing between two funds in isolation.
Whichever of EMCS and RAYE 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 RAYE?
EMCS has an expense ratio of 0.15% while RAYE charges 0.88%. EMCS is the cheaper option, by $73 a year on a $10,000 investment.
Which is riskier, EMCS or RAYE?
EMCS has been the more volatile fund at 18.5% annualized versus 15.7% for RAYE. Worst drawdown: EMCS -37.2% vs RAYE -26.9%.
Should I hold both EMCS and RAYE?
EMCS and RAYE have a monthly-return correlation of 0.77, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, EMCS or RAYE?
EMCS yields 1.53% while RAYE yields 2.93%, so RAYE currently pays the higher dividend yield.
Is RAYE better than EMCS?
EMCS has a lower expense ratio. EMCS led over 1Y, RAYE over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.