EMCR vs. LDEM
Compare and contrast key facts about Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (EMCR) and iShares ESG MSCI EM Leaders ETF (LDEM).
EMCR and LDEM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EMCR is a passively managed fund by Deutsche Bank that tracks the performance of the Solactive ISS Emerging Markets Carbon Reduction & Climate Improvers Index - Benchmark TR Net. It was launched on Dec 6, 2018. LDEM is a passively managed fund by iShares that tracks the performance of the MSCI EM Extended ESG Leaders 5% Issuer Capped Index. It was launched on Feb 5, 2020. Both EMCR and LDEM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
EMCR vs. LDEM - Performance Comparison
Loading graphics...
EMCR vs. LDEM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF | 1.96% | 33.25% | 9.69% | 10.55% | -18.73% | 5.54% | 12.31% |
LDEM iShares ESG MSCI EM Leaders ETF | 0.01% | 32.49% | 5.87% | 6.49% | -22.46% | -2.03% | 15.59% |
Returns By Period
In the year-to-date period, EMCR achieves a 1.96% return, which is significantly higher than LDEM's 0.01% return.
EMCR
- 1D
- 0.85%
- 1M
- -7.60%
- YTD
- 1.96%
- 6M
- 4.10%
- 1Y
- 30.72%
- 3Y*
- 16.19%
- 5Y*
- 5.98%
- 10Y*
- —
LDEM
- 1D
- 0.26%
- 1M
- -6.02%
- YTD
- 0.01%
- 6M
- 0.18%
- 1Y
- 23.36%
- 3Y*
- 11.83%
- 5Y*
- 1.24%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
EMCR vs. LDEM - Expense Ratio Comparison
EMCR has a 0.15% expense ratio, which is lower than LDEM's 0.16% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
EMCR vs. LDEM — Risk / Return Rank
EMCR
LDEM
EMCR vs. LDEM - 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 iShares ESG MSCI EM Leaders ETF (LDEM). 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 | LDEM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.48 | 1.21 | +0.27 |
Sortino ratioReturn per unit of downside risk | 2.06 | 1.73 | +0.33 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.24 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 2.26 | 1.77 | +0.49 |
Martin ratioReturn relative to average drawdown | 8.67 | 6.32 | +2.35 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| EMCR | LDEM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.48 | 1.21 | +0.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | 0.07 | +0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.22 | +0.26 |
Correlation
The correlation between EMCR and LDEM is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
EMCR vs. LDEM - Dividend Comparison
EMCR's dividend yield for the trailing twelve months is around 2.38%, less than LDEM's 3.25% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF | 2.38% | 2.43% | 6.62% | 1.95% | 3.05% | 1.83% | 1.75% | 3.15% | 0.19% |
LDEM iShares ESG MSCI EM Leaders ETF | 3.25% | 3.26% | 2.64% | 3.20% | 4.93% | 1.82% | 1.89% | 0.00% | 0.00% |
Drawdowns
EMCR vs. LDEM - Drawdown Comparison
The maximum EMCR drawdown since its inception was -34.28%, smaller than the maximum LDEM drawdown of -40.82%. Use the drawdown chart below to compare losses from any high point for EMCR and LDEM.
Loading graphics...
Drawdown Indicators
| EMCR | LDEM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.28% | -40.82% | +6.54% |
Max Drawdown (1Y)Largest decline over 1 year | -13.84% | -13.21% | -0.63% |
Max Drawdown (5Y)Largest decline over 5 years | -34.28% | -39.17% | +4.89% |
Current DrawdownCurrent decline from peak | -10.23% | -10.14% | -0.09% |
Average DrawdownAverage peak-to-trough decline | -9.49% | -17.72% | +8.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.61% | 3.70% | -0.09% |
Volatility
EMCR vs. LDEM - Volatility Comparison
Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (EMCR) has a higher volatility of 9.47% compared to iShares ESG MSCI EM Leaders ETF (LDEM) at 7.25%. This indicates that EMCR's price experiences larger fluctuations and is considered to be riskier than LDEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| EMCR | LDEM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.47% | 7.25% | +2.22% |
Volatility (6M)Calculated over the trailing 6-month period | 14.87% | 13.06% | +1.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.89% | 19.39% | +1.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.81% | 18.95% | -0.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.68% | 20.75% | -1.07% |