Xtrackers MSCI Emerging Markets Climate… (EMCS) Performance
EMCS total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +21.9% since Dec 31, 2025
- 1 year
- +23.7% total return
- 5 years
- +7.3% a year
- Since first price
- +9.9% a year since 2018
EMCS trailing returns vs SPY, QQQ, AGG
| Period | EMCS total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −8.3% | −8.3% | −1.0% | −5.0% | +0.9% |
| 3 months | −1.8% | −1.8% | +3.2% | +1.9% | −0.4% |
| 6 months | +6.4% | +5.8% | +7.8% | +8.4% | −1.5% |
| YTD | +21.9% | +21.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +23.7% | +21.6% | +14.4% | +15.9% | −1.1% |
| 3 years | +105.0%+27.0%/yr | +95.1% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +41.9%+7.3%/yr | +29.1% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionDec 6, 2018 | +110.2%+9.9%/yr | +80.6% | — | — | — |
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: EMCS vs SPY
From Dec 6, 2018: EMCS grew to $21,016, SPY to $31,745.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
EMCS returns by calendar year
5 of 7 full years positive. Best 2025 (+38.7%), worst 2022 (−23.6%). 2026 is year to date.
EMCS annual returns table
| Year | EMCS | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +21.9% | −15.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +38.7% | −16.7% | +17.7% | +20.8% | +7.2% |
| 2024 | +10.1% | −10.5% | +24.9% | +25.6% | +1.3% |
| 2023 | +5.7% | −15.7% | +26.2% | +54.9% | +5.7% |
| 2022 | −23.6% | −37.2% | −18.2% | −32.6% | −13.0% |
| 2021 | −2.0% | −19.0% | +28.7% | +27.4% | −1.8% |
| 2020 | +19.7% | −31.2% | +18.3% | +48.6% | +7.5% |
| 2019 | +19.5% | −11.7% | +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.
EMCS largest drawdowns
Now 12.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 12, 2021 | −44.9% | Oct 24, 2022 | Oct 1, 2025 | 1.7 years | 4.6 years |
| Jan 13, 2020 | −31.2% | Mar 23, 2020 | Jul 21, 2020 | 2 months | 6 months |
| Jun 22, 2026 | −15.3% | Jul 29, 2026 | not yet | 37 days | 4 months so far |
| Feb 25, 2026 | −14.3% | Mar 30, 2026 | Apr 17, 2026 | 33 days | 51 days |
| Apr 17, 2019 | −11.7% | Aug 14, 2019 | Dec 12, 2019 | 4 months | 8 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
EMCS risk statistics
| Statistic | 3 years | 5 years | Since 2018 |
|---|---|---|---|
| Annualized return | +29.0% | +9.8% | +11.2% |
| Volatility (annualized) | 16.4% | 19.5% | 19.3% |
| Sharpe ratio | 1.38 | 0.39 | 0.51 |
| Sortino ratio | 2.68 | 0.65 | 0.82 |
| Best month | +13.4% | +18.3% | +18.3% |
| Worst month | −9.6% | −12.4% | −14.9% |
| Best 12 months | +61.0% | +61.0% | +63.8% |
| Worst 12 months | +10.1% | −36.0% | −36.0% |
| Positive months | 72% | 57% | 59% |
| Beta vs S&P 500 | 0.78 | 0.77 | — |
| Correlation with S&P 500 | 0.59 | 0.62 | — |
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.
EMCS rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 83 | −36.0% | +12.5% | +63.8% | 71% |
| 3-year (a year) | 59 | −10.8% | +1.5% | +29.0% | 61% |
| 5-year (a year) | 35 | −0.4% | +4.0% | +9.8% | 97% |
Every holding period starting at a month-end since 2018. Returns for 3 years and longer are annualized.
EMCS performance overview
Xtrackers MSCI Emerging Markets Climate… (EMCS) returned +23.7% over the past year and +7.3% a year over five years, with distributions reinvested. Since its first recorded price in 2018 it has returned +9.9% a year, turning $10,000 into about $21,016. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −44.9%, from Feb 12, 2021 to Oct 24, 2022, and it took 2.9 years to get back to the old high. EMCS finished 5 of its 7 full calendar years with a gain; the best year was 2025 (+38.7%) and the worst 2022 (−23.6%). Volatility has been 19.3% a year.
Related: EMCS chart, EMCS holdings, EMCS dividends. See the EMCS overview for the latest quote and fund facts.
EMCS performance FAQ
What is the EMCS return over the past year?
EMCS returned +23.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 21.6%.
What is the average annual return of EMCS?
EMCS has returned +7.3% a year over 5 years, +9.9% a year since December 6, 2018 (total return, distributions reinvested).
How much would $10,000 invested in EMCS be worth?
$10,000 invested in EMCS at its first recorded close on December 6, 2018 would be worth about $21,016 on October 23, 2026 with distributions reinvested.
What was the worst year for EMCS?
The worst calendar year was 2022, with a total return of −23.6%. The best was 2025 at +38.7%.
What is the biggest drawdown of EMCS?
The largest peak-to-trough decline was −44.9% between February 12, 2021 and October 24, 2022. It recovered to the old high on October 1, 2025, 2.9 years after the bottom.
How volatile is EMCS?
Over the past 3 years EMCS had an annualized volatility of 16.4% and a Sharpe ratio of 1.38 (excess return over 1–3 month T-bills per unit of risk).