Columbia EM Core ex-China ETF
$50.54−0.29 (−0.57%)
- 0.16%
- $2.1B
- +45.9%
- 2.45%
- 0.2M sh
- $51.68
- low $36.52high $55.43
The ETF.net XCEM Grade
A
Score 79 out of 100
- 2 of 22
Score 79 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A90 out of 100Rank 3 of 22Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 17Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C51 out of 100Rank 9 of 22Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B64 out of 100Rank 6 of 22Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B60 out of 100Rank 9 of 19Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A78 out of 100Rank 7 of 22
Our read on XCEM
AThe original ex-China emerging markets fund. Columbia launched XCEM in 2015, back when carving China out of an EM sleeve was a fringe idea rather than a crowded shelf. Roughly 150 EM stocks, no China, 0.16% a year.
The fund seeks investment results that correspond to the performance of the EGAI Emerging Markets ex-China Index before fees and expenses. It generally invests at least 80% of net assets in index companies and seeks to replicate the index.
Why people hold it
- Launched in 2015 as the first broad emerging markets ETF built to leave China out, and it has since grown into a billion-dollar-plus fund.morningstar.com
- 0.16% a year, well under the typical fund in its emerging markets cohort, for a portfolio of about 150 stocks.
- Plain mandate, closely followed: at least 80% of net assets in index companies, replicated rather than approximated, with tracking that has stayed tight.
- One of the strongest implementations in its emerging markets peer group, and liquid enough that getting in and out is rarely the hard part.
Worth knowing
- No China means no Tencent, no Alibaba, no A-shares. If that exposure belongs in the portfolio, it has to come from somewhere else.
- Emerging market stocks swing hard and currency moves add to the ride. This is one of the higher-volatility corners of equity investing.
- Cheap, not cheapest: VEXC runs the same ex-China EM idea at 0.07%. XCEM's edge is a decade of history, not the lowest fee on the shelf.
XCEM Holdings
- Stocks
- 462
- 36%
- 2330.TW
Sectors
- Technology51.9%
- Financials17.3%
- Industrials9.0%
- Materials5.3%
- Consumer Discretionary4.3%
- Energy3.1%
- Communication2.7%
- Health Care2.4%
- Consumer Staples1.7%
- Utilities1.6%
- Real Estate0.8%
Geography
- Taiwan38.39%
- South Korea25.14%
- India13.03%
- Brazil4.09%
- South Africa2.98%
- United Arab Emirates2.54%
- Saudi Arabia2.49%
- Mexico2.01%
- 9.33%
Developed 0% · Emerging 100%
XCEM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
XCEM$14,585
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | XCEM |
|---|---|
| Year to date | +32.5% |
| 1 month | −2.5% |
| 3 months | −0.2% |
| 1 year | +45.9% |
| 3 years | +26.1% |
| 5 years | +12.3% |
| 10 years | +11.0% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | XCEM |
|---|---|---|
| 2026 YTD | +32.5% | |
| 2025 | +34.0% | |
| 2024 | +0.5% | |
| 2023 | +20.0% | |
| 2022 | −17.6% | |
| 2021 | +7.9% | |
| 2020 | +9.5% |
XCEM in the news
XCEM Dividends
- 2.45%
- $1.25
- $1.25 per share
- Annual
Distribution history
XCEM Risk
- 19.1%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.09
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −29.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.27
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
XCEM Cost
0.16%
XCEM0.16%
- The middle half of Emerging Markets Stocks funds
- Median 0.53%
2 of the 22 Emerging Markets Stocks funds charge less.
Other funds in Emerging Markets Stocks
- AVEXCVanguard Emerging Markets Ex-China ETFExpense ratio 0.07%1 year return +31.2%
- ABKEMBNY Mellon Emerging Markets Equity ETFExpense ratio 0.11%1 year return +29.5%
- AXSOEWisdomTree Emerging Markets ex-State-Owned Enterprises FundExpense ratio 0.32%1 year return +27.3%
- AEEMAiShares MSCI Emerging Markets Asia ETFExpense ratio 0.49%1 year return +30.0%
- BGMFState Street SPDR S&P Emerging Asia Pacific ETFExpense ratio 0.49%1 year return +16.5%