EMCS vs. SNPD

Last updated Aug 2, 2026

EMCS (Xtrackers MSCI Emerging Markets Climate Selection ETF) and SNPD (Xtrackers S&P ESG Dividend Aristocrats ETF) are both exchange-traded funds - EMCS is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Climate Select Index, while SNPD is a Mid Cap Value Equities fund tracking the S&P ESG High Yield Dividend Aristocrats Index. Both are passively managed. Over the past 3 years, EMCS returned 22.52%/yr vs 8.64%/yr for SNPD. Their 0.38 correlation means their historical movements had little consistent relationship. Both charge a 0.15% expense ratio.

Performance

EMCS vs. SNPD - 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 S&P ESG Dividend Aristocrats ETF (SNPD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EMCS achieves a 24.35% return, which is significantly higher than SNPD's 15.04% return.

EMCS

• 1D: 0.81%
• 1M: -0.73%
• 6M: 14.38%
• YTD: 24.35%
• 1Y: 45.63%
• 3Y*: 22.52%
• 5Y*: 8.00%
• 10Y*: —
• ALL TIME*: 10.33%

SNPD

• 1D: -0.56%
• 1M: 0.85%
• 6M: 7.73%
• YTD: 15.04%
• 1Y: 20.01%
• 3Y*: 8.64%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 8.91%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EMCS Xtrackers MSCI Emerging Markets Climate Selection ETF	$164.87K	$2.68M	$967.26K
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF	$14.25K	$34.67K	$29.79K

EMCS vs. SNPD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
EMCS Xtrackers MSCI Emerging Markets Climate Selection ETF	24.35%	38.71%	10.12%	5.68%	7.72%
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF	15.04%	6.66%	5.41%	2.68%	3.49%

Correlation

The correlation between EMCS and SNPD is 0.17, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.17
Correlation (3Y) Balances recent behavior with more history.	0.35
Correlation (All Time) Calculated using the full available price history since Nov 9, 2022	0.38

Over the past year, the correlation between EMCS and SNPD has dropped to 0.17 - well below their long-term average of 0.38, suggesting their price drivers have been diverging.

EMCS vs. SNPD - Sectors Allocation Comparison

Sectors	EMCS	SNPD
Technology	51.4%	6.5%
Financial Services	27.3%	8.3%
Consumer Cyclical	7.5%	9.3%
Communication Services	7.5%	3.0%
Basic Materials	2.3%	6.8%
Real Estate	1.8%	6.8%
Industrials	1.2%	17.7%
Energy	1.1%	2.9%
Consumer Defensive	0.0%	19.0%
Healthcare	0.0%	5.2%
Utilities	0.0%	14.4%

Return for Risk

EMCS vs. SNPD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EMCS

EMCS Risk / Return Rank: 73
EMCS Sharpe Ratio Rank: 71
EMCS Sortino Ratio Rank: 67
EMCS Omega Ratio Rank: 73
EMCS Calmar Ratio Rank: 81
EMCS Martin Ratio Rank: 73

SNPD

SNPD Risk / Return Rank: 70
SNPD Sharpe Ratio Rank: 76
SNPD Sortino Ratio Rank: 79
SNPD Omega Ratio Rank: 70
SNPD Calmar Ratio Rank: 65
SNPD Martin Ratio Rank: 57

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EMCS vs. SNPD - 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 S&P ESG Dividend Aristocrats ETF (SNPD). 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.

	EMCS	SNPD	Difference
Sharpe ratio: Return per unit of total volatility	1.64	1.72	-0.08
Sortino ratio: Return per unit of downside risk	2.20	2.58	-0.38
Omega ratio: Gain probability vs. loss probability	1.30	1.29	+0.01
Calmar ratio: Return relative to maximum drawdown	2.92	2.27	+0.65
Martin ratio: Return relative to average drawdown	9.14	6.79	+2.35

EMCS vs. SNPD - Sharpe Ratio Comparison

The current EMCS Sharpe Ratio is 1.64, which is comparable to the SNPD Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of EMCS and SNPD, 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

EMCS vs. SNPD - Drawdown Comparison

The maximum EMCS drawdown since its inception was -44.86%, which is greater than SNPD's maximum drawdown of -15.80%. Use the drawdown chart below to compare losses from any high point for EMCS and SNPD.

Drawdown Indicators

	EMCS	SNPD	Difference
Max Drawdown Largest peak-to-trough decline	-44.86%	-15.80%	-29.06%
Max Drawdown (1Y) Largest decline over 1 year	-15.25%	-8.68%	-6.57%
Max Drawdown (3Y) Largest decline over 3 years	-16.73%	-15.80%	-0.93%
Max Drawdown (5Y) Largest decline over 5 years	-39.62%	—	—
Current Drawdown Current decline from peak	-10.17%	-2.65%	-7.52%
Average Drawdown Average peak-to-trough decline	-16.41%	-3.81%	-12.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.87%	2.90%	+1.97%

Volatility

EMCS vs. SNPD - Volatility Comparison

Xtrackers MSCI Emerging Markets Climate Selection ETF (EMCS) has a higher volatility of 10.10% compared to Xtrackers S&P ESG Dividend Aristocrats ETF (SNPD) at 4.52%. This indicates that EMCS's price experiences larger fluctuations and is considered to be riskier than SNPD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EMCS	SNPD	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.10%	4.52%	+5.58%
Volatility (6M) Calculated over the trailing 6-month period	24.90%	8.86%	+16.04%
Volatility (1Y) Calculated over the trailing 1-year period	27.26%	11.50%	+15.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.68%	13.15%	+8.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.23%	13.15%	+9.08%

EMCS vs. SNPD - Expense Ratio Comparison

Both EMCS and SNPD have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

EMCS vs. SNPD - Dividend Comparison

EMCS's dividend yield for the trailing twelve months is around 1.53%, less than SNPD's 3.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
EMCS Xtrackers MSCI Emerging Markets Climate Selection ETF	1.53%	1.66%	0.67%	3.07%	2.26%	1.46%	1.40%	3.56%
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF	3.16%	3.10%	2.78%	2.63%	0.57%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EMCS and SNPD in my portfolio?

EMCS and SNPD have a correlation of 0.17, 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 SNPD?

EMCS has higher volatility (10.10%) compared to SNPD (4.52%). In terms of maximum drawdown, EMCS dropped -44.86% vs SNPD's -15.80%.

Which ETF is better, EMCS or SNPD?

On 3-year performance, EMCS leads with 22.52% vs 8.64% for SNPD. Both ETFs have the same 0.15% expense ratio. On volatility, SNPD has been the lower-risk option at 4.52%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EMCS or SNPD?

Over the 3-year period, EMCS has performed better with a 22.52% return vs 8.64%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EMCS or SNPD?

EMCS and SNPD have the same expense ratio: 0.15% per year.

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

SNPD has the higher dividend yield at 3.16%, compared with 1.53% for EMCS.

What is the main difference between EMCS and SNPD?

EMCS is categorized as Emerging Markets Equities, while SNPD is Mid Cap Value Equities. EMCS tracks MSCI Emerging Markets Climate Select Index, while SNPD tracks S&P ESG High Yield Dividend Aristocrats Index.

Which has better risk-adjusted returns?

SNPD currently has the higher Sharpe Ratio (1.72 vs 1.64), 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.