EMCR vs. EMOP

Last updated Jun 5, 2026

EMCR (Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF) and EMOP (AB Emerging Markets Opportunities ETF) are both Emerging Markets Equities funds. EMCR is passively managed, while EMOP is actively managed. Their correlation of 0.94 suggests significant overlap in exposure. EMCR charges 0.15%/yr vs 0.70%/yr for EMOP.

Performance

EMCR vs. EMOP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (EMCR) and AB Emerging Markets Opportunities ETF (EMOP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EMCR achieves a 22.13% return, which is significantly lower than EMOP's 29.94% return.

EMCR

• 1D: -0.87%
• 1M: 5.56%
• YTD: 22.13%
• 6M: 24.53%
• 1Y: 47.15%
• 3Y*: 23.37%
• 5Y*: 8.83%
• 10Y*: —

EMOP

• 1D: -1.98%
• 1M: 4.54%
• YTD: 29.94%
• 6M: 32.21%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EMCR vs. EMOP - Yearly Performance Comparison

	2026 (YTD)	2025
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF	22.13%	19.07%
EMOP AB Emerging Markets Opportunities ETF	29.94%	16.69%

Correlation

The correlation between EMCR and EMOP is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 20, 2025	0.94

EMCR vs. EMOP - Sectors Allocation Comparison

Sectors	EMCR	EMOP
Technology	36.2%	30.3%
Financial Services	20.7%	24.0%
Consumer Cyclical	10.6%	7.8%
Communication Services	9.9%	12.3%
Industrials	6.7%	8.1%
Healthcare	5.6%	1.6%
Basic Materials	3.9%	7.0%
Consumer Defensive	2.8%	1.4%
Real Estate	1.8%	2.3%
Utilities	1.5%	2.8%
Energy	0.1%	2.6%

Return for Risk

EMCR vs. EMOP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EMCR

EMCR Risk / Return Rank: 73
EMCR Sharpe Ratio Rank: 76
EMCR Sortino Ratio Rank: 71
EMCR Omega Ratio Rank: 75
EMCR Calmar Ratio Rank: 70
EMCR Martin Ratio Rank: 71

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EMCR vs. EMOP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (EMCR) and AB Emerging Markets Opportunities ETF (EMOP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	EMCR	EMOP	Difference
Sharpe ratio: Return per unit of total volatility	2.42	—	—
Sortino ratio: Return per unit of downside risk	3.17	—	—
Omega ratio: Gain probability vs. loss probability	1.44	—	—
Calmar ratio: Return relative to maximum drawdown	3.42	—	—
Martin ratio: Return relative to average drawdown	13.08	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EMCR	EMOP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.42	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.46	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	2.74	-2.14

Drawdowns

EMCR vs. EMOP - Drawdown Comparison

The maximum EMCR drawdown since its inception was -34.28%, which is greater than EMOP's maximum drawdown of -12.88%. Use the drawdown chart below to compare losses from any high point for EMCR and EMOP.

Drawdown Indicators

	EMCR	EMOP	Difference
Max Drawdown Largest peak-to-trough decline	-34.28%	-12.88%	-21.40%
Max Drawdown (1Y) Largest decline over 1 year	-13.84%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.38%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-34.28%	—	—
Current Drawdown Current decline from peak	-2.21%	-2.69%	+0.48%
Average Drawdown Average peak-to-trough decline	-9.33%	-1.90%	-7.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.61%	—	—

Volatility

Volatility by Period

	EMCR	EMOP	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.00%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.94%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	19.62%	19.93%	-0.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.29%	19.93%	-0.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.86%	19.93%	-0.07%

EMCR vs. EMOP - Expense Ratio Comparison

EMCR has a 0.15% expense ratio, which is lower than EMOP's 0.70% expense ratio.

Dividends

EMCR vs. EMOP - Dividend Comparison

EMCR's dividend yield for the trailing twelve months is around 1.99%, more than EMOP's 0.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF	1.99%	2.43%	6.62%	1.95%	3.05%	1.83%	1.75%	3.15%	0.19%
EMOP AB Emerging Markets Opportunities ETF	0.83%	0.27%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EMCR and EMOP in my portfolio?

With a correlation of 0.94, EMCR and EMOP move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, EMCR or EMOP?

On fees, EMCR is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EMCR or EMOP?

EMCR is cheaper with a 0.15% expense ratio, compared with 0.70% for EMOP.

Which ETF pays a higher dividend yield, EMCR or EMOP?

EMCR has the higher dividend yield at 1.99%, compared with 0.83% for EMOP.

What is the main difference between EMCR and EMOP?

They also come from different issuers: Deutsche Bank and AllianceBernstein. Their fees differ too: 0.15% for EMCR and 0.70% for EMOP.