WisdomTree Emerging Markets ex-China Fund (XC) Performance
XC total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −4.1% since Dec 31, 2025
- 1 year
- −2.1% total return
- 3 years
- +11.6% a year
- Since first price
- +9.9% a year since 2022
XC trailing returns vs SPY, QQQ, AGG
| Period | XC total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.6% | −2.9% | −1.0% | −5.0% | +0.9% |
| 3 months | −1.1% | −1.5% | +3.2% | +1.9% | −0.4% |
| 6 months | −4.0% | −4.9% | +7.8% | +8.4% | −1.5% |
| YTD | −4.1% | −5.3% | +12.3% | +15.1% | −1.0% |
| 1 year | −2.1% | −12.7% | +14.4% | +15.9% | −1.1% |
| 3 years | +38.8%+11.6%/yr | +20.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionSep 22, 2022 | +47.3%+9.9%/yr | +25.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: XC vs SPY
From Sep 22, 2022: XC grew to $14,726, SPY to $21,389.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
XC returns by calendar year
3 of 3 full years positive. Best 2023 (+21.3%), worst 2024 (+5.5%). 2026 is year to date.
XC annual returns table
| Year | XC | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −4.1% | −12.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +18.2% | −14.8% | +17.7% | +20.8% | +7.2% |
| 2024 | +5.5% | −11.5% | +24.9% | +25.6% | +1.3% |
| 2023 | +21.3% | −12.3% | +26.2% | +54.9% | +5.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
XC largest drawdowns
Now 9.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 26, 2024 | −21.0% | Apr 8, 2025 | Jun 24, 2025 | 6 months | 9 months |
| Feb 11, 2026 | −12.5% | Mar 20, 2026 | not yet | 37 days | 8 months so far |
| Jul 28, 2023 | −12.3% | Oct 27, 2023 | Dec 14, 2023 | 3 months | 5 months |
| Jul 8, 2024 | −11.5% | Aug 5, 2024 | Sep 26, 2024 | 28 days | 3 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
XC risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +10.4% | +11.6% |
| Volatility (annualized) | 12.7% | 14.1% |
| Sharpe ratio | 0.50 | 0.54 |
| Sortino ratio | 0.79 | 0.87 |
| Best month | +10.4% | +10.8% |
| Worst month | −8.4% | −8.4% |
| Best 12 months | +28.9% | +28.9% |
| Worst 12 months | −1.8% | −1.8% |
| Positive months | 67% | 67% |
| Beta vs S&P 500 | 0.66 | — |
| Correlation with S&P 500 | 0.64 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
XC rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 38 | −1.9% | +11.4% | +28.9% | 92% |
| 3-year (a year) | 14 | +9.1% | +12.1% | +16.5% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
XC performance overview
WisdomTree Emerging Markets ex-China Fund (XC) returned −2.1% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +9.9% a year, turning $10,000 into about $14,726. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −21.0%, from Sep 26, 2024 to Apr 8, 2025, and it took 3 months to get back to the old high. XC finished 3 of its 3 full calendar years with a gain; the best year was 2023 (+21.3%) and the worst 2024 (+5.5%). Volatility has been 14.1% a year.
Related: XC chart, XC holdings, XC dividends. See the XC overview for the latest quote and fund facts.
XC performance FAQ
What is the XC return over the past year?
XC returned −2.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 12.7%.
How much would $10,000 invested in XC be worth?
$10,000 invested in XC at its first recorded close on September 22, 2022 would be worth about $14,726 on October 23, 2026 with distributions reinvested.
What was the worst year for XC?
The worst calendar year was 2024, with a total return of +5.5%. The best was 2023 at +21.3%.
What is the biggest drawdown of XC?
The largest peak-to-trough decline was −21.0% between September 26, 2024 and April 8, 2025. It recovered to the old high on June 24, 2025, 3 months after the bottom.
How volatile is XC?
Over the past 3 years XC had an annualized volatility of 12.7% and a Sharpe ratio of 0.50 (excess return over 1–3 month T-bills per unit of risk).