EMCS vs. DEUS

Last updated Jun 3, 2026

EMCS (Xtrackers MSCI Emerging Markets Climate Selection ETF) and DEUS (Xtrackers Russell US Multifactor ETF) are both exchange-traded funds - EMCS is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Climate Select Index, while DEUS is a Mid Cap Blend Equities fund tracking the Russell 1000 Comprehensive Factor Index. Both are passively managed. Over the past 5 years, EMCS returned 8.46%/yr vs 9.49%/yr for DEUS. A 0.58 correlation means they provide meaningful diversification when combined. EMCS charges 0.15%/yr vs 0.17%/yr for DEUS.

Performance

EMCS vs. DEUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers MSCI Emerging Markets Climate Selection ETF (EMCS) and Xtrackers Russell US Multifactor ETF (DEUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EMCS achieves a 35.45% return, which is significantly higher than DEUS's 10.91% return.

EMCS

• 1D: 1.81%
• 1M: 14.49%
• YTD: 35.45%
• 6M: 39.15%
• 1Y: 67.22%
• 3Y*: 28.16%
• 5Y*: 8.46%
• 10Y*: —

DEUS

• 1D: 0.73%
• 1M: 2.26%
• YTD: 10.91%
• 6M: 11.97%
• 1Y: 19.24%
• 3Y*: 16.46%
• 5Y*: 9.49%
• 10Y*: 11.31%

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

EMCS vs. DEUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
EMCS Xtrackers MSCI Emerging Markets Climate Selection ETF	35.45%	38.71%	10.12%	5.68%	-23.58%	-2.02%	19.72%	19.54%	-0.59%
DEUS Xtrackers Russell US Multifactor ETF	10.91%	10.41%	14.33%	14.73%	-11.18%	26.31%	8.81%	28.80%	-7.46%

Correlation

The correlation between EMCS and DEUS 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	0.52
Correlation (5Y) Calculated over the trailing 5-year period	0.56
Correlation (All Time) Calculated using the full available price history since Dec 7, 2018	0.58

The correlation between EMCS and DEUS has been stable across timeframes, ranging from 0.50 to 0.58 - a consistent structural relationship.

EMCS vs. DEUS - Sectors Allocation Comparison

Sectors	EMCS	DEUS
Technology	44.5%	15.5%
Financial Services	29.4%	12.1%
Consumer Cyclical	9.1%	10.6%
Communication Services	8.4%	3.8%
Basic Materials	2.6%	4.5%
Industrials	2.5%	17.6%
Energy	1.6%	5.5%
Real Estate	1.0%	4.3%
Utilities	0.8%	7.3%
Consumer Defensive	0.0%	7.5%
Healthcare	0.0%	11.4%

Return for Risk

EMCS vs. DEUS — Risk / Return Rank

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

EMCS

EMCS Risk / Return Rank: 86
EMCS Sharpe Ratio Rank: 88
EMCS Sortino Ratio Rank: 84
EMCS Omega Ratio Rank: 86
EMCS Calmar Ratio Rank: 85
EMCS Martin Ratio Rank: 86

DEUS

DEUS Risk / Return Rank: 53
DEUS Sharpe Ratio Rank: 50
DEUS Sortino Ratio Rank: 53
DEUS Omega Ratio Rank: 48
DEUS Calmar Ratio Rank: 55
DEUS Martin Ratio Rank: 59

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.

EMCS vs. DEUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Emerging Markets Climate Selection ETF (EMCS) and Xtrackers Russell US Multifactor ETF (DEUS). 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.

	EMCS	DEUS	Difference
Sharpe ratio Return per unit of total volatility	3.03	1.75	+1.27
Sortino ratio Return per unit of downside risk	3.84	2.59	+1.25
Omega ratio Gain probability vs. loss probability	1.54	1.31	+0.24
Calmar ratio Return relative to maximum drawdown	4.78	2.79	+1.99
Martin ratio Return relative to average drawdown	18.54	10.62	+7.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EMCS vs. DEUS - Sharpe Ratio Comparison

The current EMCS Sharpe Ratio is 3.03, which is higher than the DEUS Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of EMCS and DEUS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EMCS	DEUS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.03	1.75	+1.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	0.61	-0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.63	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.64	-0.08

Drawdowns

EMCS vs. DEUS - Drawdown Comparison

The maximum EMCS drawdown since its inception was -44.86%, which is greater than DEUS's maximum drawdown of -40.47%. Use the drawdown chart below to compare losses from any high point for EMCS and DEUS.

Drawdown Indicators

	EMCS	DEUS	Difference
Max Drawdown Largest peak-to-trough decline	-44.86%	-40.47%	-4.39%
Max Drawdown (1Y) Largest decline over 1 year	-14.32%	-6.83%	-7.49%
Max Drawdown (3Y) Largest decline over 3 years	-16.73%	-16.69%	-0.04%
Max Drawdown (5Y) Largest decline over 5 years	-42.06%	-20.89%	-21.17%
Max Drawdown (10Y) Largest decline over 10 years	—	-40.47%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-16.62%	-4.34%	-12.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.69%	1.80%	+1.89%

Volatility

EMCS vs. DEUS - Volatility Comparison

Xtrackers MSCI Emerging Markets Climate Selection ETF (EMCS) has a higher volatility of 9.71% compared to Xtrackers Russell US Multifactor ETF (DEUS) at 2.97%. This indicates that EMCS's price experiences larger fluctuations and is considered to be riskier than DEUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EMCS	DEUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.71%	2.97%	+6.74%
Volatility (6M) Calculated over the trailing 6-month period	19.36%	8.17%	+11.19%
Volatility (1Y) Calculated over the trailing 1-year period	22.33%	11.02%	+11.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.63%	15.55%	+5.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.65%	17.98%	+3.67%

EMCS vs. DEUS - Expense Ratio Comparison

EMCS has a 0.15% expense ratio, which is lower than DEUS's 0.17% 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%.

Dividends

EMCS vs. DEUS - Dividend Comparison

EMCS's dividend yield for the trailing twelve months is around 1.23%, less than DEUS's 1.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DEUS Xtrackers Russell US Multifactor ETF	1.45%	1.59%	1.36%	1.49%	1.74%	1.14%	1.61%	1.65%	1.77%	1.31%	2.75%
EMCS Xtrackers MSCI Emerging Markets Climate Selection ETF	1.23%	1.66%	0.67%	3.07%	2.26%	1.46%	1.40%	3.56%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EMCS and DEUS in my portfolio?

EMCS and DEUS 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, EMCS or DEUS?

EMCS has higher volatility (9.71%) compared to DEUS (2.97%). In terms of maximum drawdown, EMCS dropped -44.86% vs DEUS's -40.47%.

Which ETF is better, EMCS or DEUS?

On 5-year performance, DEUS leads with 9.49% vs 8.46% for EMCS. On fees, EMCS is cheaper at 0.15% per year. On volatility, DEUS has been the lower-risk option at 2.97%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EMCS or DEUS?

Over the 5-year period, DEUS has performed better with a 9.49% return vs 8.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EMCS or DEUS?

EMCS is cheaper with a 0.15% expense ratio, compared with 0.17% for DEUS.

Which ETF pays a higher dividend yield, EMCS or DEUS?

DEUS has the higher dividend yield at 1.45%, compared with 1.23% for EMCS.

What is the main difference between EMCS and DEUS?

EMCS is categorized as Emerging Markets Equities, while DEUS is Mid Cap Blend Equities. EMCS tracks MSCI Emerging Markets Climate Select Index, while DEUS tracks Russell 1000 Comprehensive Factor Index. Their fees differ too: 0.15% for EMCS and 0.17% for DEUS.

Which has better risk-adjusted returns?

EMCS currently has the higher Sharpe Ratio (3.03 vs 1.75), 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.