EMCR vs. POWL

Last updated Jun 23, 2026

EMCR (Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF) is Emerging Markets Equities fund tracking the Solactive ISS Emerging Markets Carbon Reduction & Climate Improvers Index - Benchmark TR Net, while POWL (Powell Industries, Inc.) is a stock. Over the past 5 years, EMCR returned 9.77%/yr vs 99.89%/yr for POWL. At a 0.36 correlation, their price movements are largely independent.

Performance

EMCR vs. POWL - 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 Powell Industries, Inc. (POWL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EMCR achieves a 25.27% return, which is significantly lower than POWL's 189.91% return.

EMCR

• 1D: 0.42%
• 1M: 7.36%
• YTD: 25.27%
• 6M: 26.91%
• 1Y: 50.14%
• 3Y*: 24.41%
• 5Y*: 9.77%
• 10Y*: —

POWL

• 1D: 3.57%
• 1M: 10.24%
• YTD: 189.91%
• 6M: 174.62%
• 1Y: 427.82%
• 3Y*: 151.29%
• 5Y*: 99.89%
• 10Y*: 41.54%

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

EMCR vs. POWL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF	25.27%	33.25%	9.69%	10.55%	-18.73%	5.54%	13.49%	22.41%	-2.49%
POWL Powell Industries, Inc.	189.91%	44.49%	152.21%	155.62%	24.34%	3.60%	-37.60%	101.58%	-11.25%

Correlation

The correlation between EMCR and POWL is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (5Y) Calculated over the trailing 5-year period	0.34
Correlation (All Time) Calculated using the full available price history since Dec 6, 2018	0.36

The correlation between EMCR and POWL shifts across timeframes, from 0.34 (5 years) to 0.50 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

EMCR vs. POWL — Risk / Return Rank

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

EMCR

EMCR Risk / Return Rank: 74
EMCR Sharpe Ratio Rank: 77
EMCR Sortino Ratio Rank: 69
EMCR Omega Ratio Rank: 78
EMCR Calmar Ratio Rank: 74
EMCR Martin Ratio Rank: 73

POWL

POWL Risk / Return Rank: 99
POWL Sharpe Ratio Rank: 100
POWL Sortino Ratio Rank: 98
POWL Omega Ratio Rank: 97
POWL Calmar Ratio Rank: 99
POWL Martin Ratio Rank: 99

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. POWL - 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 Powell Industries, Inc. (POWL). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EMCR	POWL	Difference
Sharpe ratio: Return per unit of total volatility	2.36	7.27	-4.91
Sortino ratio: Return per unit of downside risk	3.03	5.36	-2.34
Omega ratio: Gain probability vs. loss probability	1.44	1.67	-0.23
Calmar ratio: Return relative to maximum drawdown	3.64	13.97	-10.33
Martin ratio: Return relative to average drawdown	13.38	44.14	-30.76

EMCR vs. POWL - Sharpe Ratio Comparison

The current EMCR Sharpe Ratio is 2.36, which is lower than the POWL Sharpe Ratio of 7.27. The chart below compares the historical Sharpe Ratios of EMCR and POWL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EMCR vs. POWL - Drawdown Comparison

The maximum EMCR drawdown since its inception was -34.28%, smaller than the maximum POWL drawdown of -73.10%. Use the drawdown chart below to compare losses from any high point for EMCR and POWL.

Drawdown Indicators

	EMCR	POWL	Difference
Max Drawdown Largest peak-to-trough decline	-34.28%	-73.10%	+38.82%
Max Drawdown (1Y) Largest decline over 1 year	-13.84%	-30.88%	+17.04%
Max Drawdown (3Y) Largest decline over 3 years	-18.38%	-55.76%	+37.38%
Max Drawdown (5Y) Largest decline over 5 years	-34.28%	-55.76%	+21.48%
Max Drawdown (10Y) Largest decline over 10 years	—	-68.85%	—
Current Drawdown Current decline from peak	0.00%	-4.39%	+4.39%
Average Drawdown Average peak-to-trough decline	-9.29%	-36.08%	+26.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.76%	9.75%	-5.99%

Volatility

EMCR vs. POWL - Volatility Comparison

The current volatility for Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF (EMCR) is 10.20%, while Powell Industries, Inc. (POWL) has a volatility of 17.67%. This indicates that EMCR experiences smaller price fluctuations and is considered to be less risky than POWL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EMCR	POWL	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.20%	17.67%	-7.47%
Volatility (6M) Calculated over the trailing 6-month period	19.05%	43.95%	-24.90%
Volatility (1Y) Calculated over the trailing 1-year period	21.39%	59.48%	-38.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.69%	64.40%	-44.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.06%	54.90%	-34.84%

Dividends

EMCR vs. POWL - Dividend Comparison

EMCR's dividend yield for the trailing twelve months is around 1.40%, more than POWL's 0.12% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF	1.40%	2.43%	6.62%	1.95%	3.05%	1.83%	1.75%	3.15%	0.19%	0.00%	0.00%	0.00%
POWL Powell Industries, Inc.	0.12%	0.34%	0.48%	1.19%	2.96%	3.53%	3.53%	2.12%	4.16%	3.63%	2.67%	4.00%

Frequently Asked Questions

Can I hold both EMCR and POWL in my portfolio?

EMCR and POWL have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EMCR or POWL?

POWL has higher volatility (17.67%) compared to EMCR (10.20%). In terms of maximum drawdown, EMCR dropped -34.28% vs POWL's -73.10%.

Which has better risk-adjusted returns?

POWL currently has the higher Sharpe Ratio (7.27 vs 2.36), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.