XAIX vs. EMCS

Last updated Jul 14, 2026

XAIX (Xtrackers Artificial Intelligence and Big Data ETF) and EMCS (Xtrackers MSCI Emerging Markets Climate Selection ETF) are both exchange-traded funds - XAIX is a Technology Equities fund tracking the Nasdaq Global Artificial Intelligence and Big Data Index, while EMCS is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Climate Select Index. Both are passively managed. Over the past year, XAIX returned 42.95% vs 44.48% for EMCS. A 0.70 correlation means they provide meaningful diversification when combined. XAIX charges 0.35%/yr vs 0.15%/yr for EMCS.

Performance

XAIX vs. EMCS - Performance Comparison

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

Returns By Period

In the year-to-date period, XAIX achieves a 26.22% return, which is significantly higher than EMCS's 24.75% return.

XAIX

• 1D: -2.92%
• 1M: -3.42%
• 6M: 22.58%
• YTD: 26.22%
• 1Y: 42.95%
• 3Y*: —
• 5Y*: —
• 10Y*: —

EMCS

• 1D: -3.99%
• 1M: -3.97%
• 6M: 17.62%
• YTD: 24.75%
• 1Y: 44.48%
• 3Y*: 23.07%
• 5Y*: 7.01%
• 10Y*: —

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

XAIX vs. EMCS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
XAIX Xtrackers Artificial Intelligence and Big Data ETF	26.22%	29.05%	15.21%
EMCS Xtrackers MSCI Emerging Markets Climate Selection ETF	24.75%	38.71%	2.46%

Correlation

The correlation between XAIX and EMCS is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.79
Correlation (All Time) Calculated using the full available price history since Aug 2, 2024	0.70

The correlation between XAIX and EMCS has been stable across timeframes, ranging from 0.70 to 0.79 - a consistent structural relationship.

XAIX vs. EMCS - Sectors Allocation Comparison

Sectors	XAIX	EMCS
Technology	77.4%	50.7%
Communication Services	11.3%	7.4%
Consumer Cyclical	7.1%	9.1%
Financial Services	4.0%	26.0%
Industrials	0.1%	1.2%
Healthcare	0.0%	0.0%
Consumer Defensive	0.0%	0.0%
Basic Materials	0.0%	2.6%
Energy	0.0%	1.2%
Utilities	0.0%	0.0%
Real Estate	-	1.8%

Return for Risk

XAIX vs. EMCS — Risk / Return Rank

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

XAIX

XAIX Risk / Return Rank: 66
XAIX Sharpe Ratio Rank: 67
XAIX Sortino Ratio Rank: 60
XAIX Omega Ratio Rank: 64
XAIX Calmar Ratio Rank: 75
XAIX Martin Ratio Rank: 66

EMCS

EMCS Risk / Return Rank: 69
EMCS Sharpe Ratio Rank: 66
EMCS Sortino Ratio Rank: 60
EMCS Omega Ratio Rank: 68
EMCS Calmar Ratio Rank: 76
EMCS Martin Ratio Rank: 73

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.

XAIX vs. EMCS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Artificial Intelligence and Big Data ETF (XAIX) and Xtrackers MSCI Emerging Markets Climate Selection ETF (EMCS). 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.

	XAIX	EMCS	Difference
Sharpe ratio: Return per unit of total volatility	1.73	1.71	+0.02
Sortino ratio: Return per unit of downside risk	2.26	2.24	+0.01
Omega ratio: Gain probability vs. loss probability	1.31	1.32	-0.02
Calmar ratio: Return relative to maximum drawdown	3.08	3.12	-0.04
Martin ratio: Return relative to average drawdown	9.39	10.68	-1.30

XAIX vs. EMCS - Sharpe Ratio Comparison

The current XAIX Sharpe Ratio is 1.73, which is comparable to the EMCS Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of XAIX and EMCS, 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

XAIX vs. EMCS - Drawdown Comparison

The maximum XAIX drawdown since its inception was -23.95%, smaller than the maximum EMCS drawdown of -44.86%. Use the drawdown chart below to compare losses from any high point for XAIX and EMCS.

Drawdown Indicators

	XAIX	EMCS	Difference
Max Drawdown Largest peak-to-trough decline	-23.95%	-44.86%	+20.91%
Max Drawdown (1Y) Largest decline over 1 year	-14.01%	-14.32%	+0.31%
Max Drawdown (3Y) Largest decline over 3 years	—	-16.73%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-40.25%	—
Current Drawdown Current decline from peak	-11.13%	-9.88%	-1.25%
Average Drawdown Average peak-to-trough decline	-3.71%	-16.45%	+12.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.59%	4.18%	+0.41%

Volatility

XAIX vs. EMCS - Volatility Comparison

Xtrackers Artificial Intelligence and Big Data ETF (XAIX) and Xtrackers MSCI Emerging Markets Climate Selection ETF (EMCS) have volatilities of 11.70% and 12.31%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XAIX	EMCS	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.70%	12.31%	-0.61%
Volatility (6M) Calculated over the trailing 6-month period	22.39%	23.90%	-1.51%
Volatility (1Y) Calculated over the trailing 1-year period	25.06%	26.27%	-1.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.98%	21.52%	+3.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.98%	22.12%	+2.86%

XAIX vs. EMCS - Expense Ratio Comparison

XAIX has a 0.35% expense ratio, which is higher than EMCS's 0.15% expense ratio.

Dividends

XAIX vs. EMCS - Dividend Comparison

XAIX's dividend yield for the trailing twelve months is around 0.41%, less than EMCS's 1.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
EMCS Xtrackers MSCI Emerging Markets Climate Selection ETF	1.52%	1.66%	0.67%	3.07%	2.26%	1.46%	1.40%	3.56%
XAIX Xtrackers Artificial Intelligence and Big Data ETF	0.41%	0.54%	0.08%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XAIX and EMCS in my portfolio?

XAIX and EMCS have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XAIX or EMCS?

EMCS has higher volatility (12.31%) compared to XAIX (11.70%). In terms of maximum drawdown, XAIX dropped -23.95% vs EMCS's -44.86%.

Which ETF is better, XAIX or EMCS?

On 1-year performance, EMCS leads with 44.48% vs 42.95% for XAIX. On fees, EMCS is cheaper at 0.15% per year. On volatility, XAIX has been the lower-risk option at 11.70%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XAIX or EMCS?

Over the 1-year period, EMCS has performed better with a 44.48% return vs 42.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XAIX or EMCS?

EMCS is cheaper with a 0.15% expense ratio, compared with 0.35% for XAIX.

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

EMCS has the higher dividend yield at 1.52%, compared with 0.41% for XAIX.

What is the main difference between XAIX and EMCS?

XAIX is categorized as Technology Equities, while EMCS is Emerging Markets Equities. XAIX tracks Nasdaq Global Artificial Intelligence and Big Data Index, while EMCS tracks MSCI Emerging Markets Climate Select Index. Their fees differ too: 0.35% for XAIX and 0.15% for EMCS.

Which has better risk-adjusted returns?

XAIX currently has the higher Sharpe Ratio (1.73 vs 1.71), 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.