Xtrackers Emerging Markets Carbon Reduction… (EMCR) Performance
EMCR total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +9.6% since Dec 31, 2025
- 1 year
- +10.3% total return
- 5 years
- +6.6% a year
- Since first price
- +9.7% a year since 2018
EMCR trailing returns vs SPY, QQQ, AGG
| Period | EMCR total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −8.1% | −8.1% | −1.0% | −5.0% | +0.9% |
| 3 months | −4.8% | −4.8% | +3.2% | +1.9% | −0.4% |
| 6 months | −0.9% | −1.6% | +7.8% | +8.4% | −1.5% |
| YTD | +9.6% | +8.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +10.3% | +8.6% | +14.4% | +15.9% | −1.1% |
| 3 years | +78.4%+21.3%/yr | +60.0% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +37.6%+6.6%/yr | +17.8% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionDec 6, 2018 | +107.3%+9.7%/yr | +66.6% | — | — | — |
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: EMCR vs SPY
From Dec 6, 2018: EMCR grew to $20,732, SPY to $31,745.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
EMCR returns by calendar year
6 of 7 full years positive. Best 2025 (+33.3%), worst 2022 (−18.7%). 2026 is year to date.
EMCR annual returns table
| Year | EMCR | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +9.6% | −13.8% | +12.3% | +15.1% | −1.0% |
| 2025 | +33.3% | −15.9% | +17.7% | +20.8% | +7.2% |
| 2024 | +9.7% | −10.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +10.5% | −12.4% | +26.2% | +54.9% | +5.7% |
| 2022 | −18.7% | −31.8% | −18.2% | −32.6% | −13.0% |
| 2021 | +5.5% | −10.5% | +28.7% | +27.4% | −1.8% |
| 2020 | +13.5% | −32.6% | +18.3% | +48.6% | +7.5% |
| 2019 | +22.4% | −8.0% | +31.2% | +39.0% | +8.5% |
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.
EMCR largest drawdowns
Now 12.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 7, 2021 | −34.3% | Oct 24, 2022 | Oct 2, 2024 | 1.1 years | 3.1 years |
| Jan 17, 2020 | −32.6% | Mar 23, 2020 | Aug 26, 2020 | 2 months | 7 months |
| Oct 7, 2024 | −18.4% | Apr 8, 2025 | Jun 9, 2025 | 6 months | 8 months |
| Feb 25, 2026 | −13.8% | Mar 30, 2026 | Apr 30, 2026 | 33 days | 2 months |
| Jun 22, 2026 | −12.8% | Oct 22, 2026 | not yet | 4 months | 4 months so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
EMCR risk statistics
| Statistic | 3 years | 5 years | Since 2018 |
|---|---|---|---|
| Annualized return | +22.9% | +8.8% | +11.1% |
| Volatility (annualized) | 15.3% | 17.4% | 17.1% |
| Sharpe ratio | 1.15 | 0.37 | 0.55 |
| Sortino ratio | 2.10 | 0.59 | 0.88 |
| Best month | +12.4% | +15.9% | +15.9% |
| Worst month | −9.8% | −11.9% | −13.6% |
| Best 12 months | +49.1% | +49.1% | +51.5% |
| Worst 12 months | +9.7% | −29.6% | −29.6% |
| Positive months | 69% | 55% | 59% |
| Beta vs S&P 500 | 0.83 | 0.72 | — |
| Correlation with S&P 500 | 0.67 | 0.65 | — |
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.
EMCR rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 83 | −29.6% | +11.4% | +51.5% | 76% |
| 3-year (a year) | 59 | −3.6% | +4.1% | +24.3% | 71% |
| 5-year (a year) | 35 | +3.2% | +7.0% | +10.3% | 100% |
Every holding period starting at a month-end since 2018. Returns for 3 years and longer are annualized.
EMCR performance overview
Xtrackers Emerging Markets Carbon Reduction… (EMCR) returned +10.3% over the past year and +6.6% a year over five years, with distributions reinvested. Since its first recorded price in 2018 it has returned +9.7% a year, turning $10,000 into about $20,732. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −34.3%, from Sep 7, 2021 to Oct 24, 2022, and it took 1.9 years to get back to the old high. EMCR finished 6 of its 7 full calendar years with a gain; the best year was 2025 (+33.3%) and the worst 2022 (−18.7%). Volatility has been 17.1% a year.
Related: EMCR chart, EMCR holdings, EMCR dividends. See the EMCR overview for the latest quote and fund facts.
EMCR performance FAQ
What is the EMCR return over the past year?
EMCR returned +10.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 8.6%.
What is the average annual return of EMCR?
EMCR has returned +6.6% a year over 5 years, +9.7% a year since December 6, 2018 (total return, distributions reinvested).
How much would $10,000 invested in EMCR be worth?
$10,000 invested in EMCR at its first recorded close on December 6, 2018 would be worth about $20,732 on October 23, 2026 with distributions reinvested.
What was the worst year for EMCR?
The worst calendar year was 2022, with a total return of −18.7%. The best was 2025 at +33.3%.
What is the biggest drawdown of EMCR?
The largest peak-to-trough decline was −34.3% between September 7, 2021 and October 24, 2022. It recovered to the old high on October 2, 2024, 1.9 years after the bottom.
How volatile is EMCR?
Over the past 3 years EMCR had an annualized volatility of 15.3% and a Sharpe ratio of 1.15 (excess return over 1–3 month T-bills per unit of risk).