Xtrackers MSCI Emerging Markets Hedged Equity ETF
$38.28−0.21 (−0.54%)
- 0.66%
- $111M
- +30.5%
- 2.16%
- 0M sh
- $38.96
- low $30.72high $45.42
The ETF.net DBEM Grade
C
Score 40 out of 100
- 4 of 5
Score 40 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C42 out of 100Rank 3 of 5Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B59 out of 100Rank 1 of 5Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F15 out of 100Rank 5 of 5Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B56 out of 100Rank 2 of 5Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D30 out of 100Rank 5 of 5
Our read on DBEM
CMost emerging-markets funds hand you two bets: the stocks and the currencies. DBEM keeps the first and damps the second, tracking an MSCI EM index built to reduce the effect of dollar moves against selected emerging-market currencies.
Using a passive indexing approach, the Fund seeks returns that generally track the MSCI EM US Dollar Hedged Index before fees and expenses. The index provides emerging-market equity exposure while reducing the effect of U.S.-dollar movements against selected emerging-market currencies.
Why people hold it
- A rare thing in US-listed EM core: a passive wrapper with a built-in currency overlay. It tracks the MSCI EM US Dollar Hedged Index rather than leaving the whole FX leg open.
- Broad, not a narrow slice. Passive indexing across roughly 1,200 emerging-market stocks, so the hedge sits on top of full-market exposure.
- Trading since 2011, so the hedging machinery has run through multiple dollar cycles instead of arriving with the latest FX fashion.
Worth knowing
- The overlay costs: 0.66% a year, against 0.09% for plain unhedged IEMG. That gap buys the currency mechanics, not different stocks.
- The index hedges selected emerging-market currencies, not all of them, so some dollar moves still flow through to returns.
- One of the thinner-traded, smaller-asset names in its EM peer group, which generally shows up as wider bid-ask spreads than the category giants.
DBEM Holdings
- Stocks
- 1,129
- 39%
- 2330.TW
Sectors
- Technology44.1%
- Financials19.2%
- Consumer Discretionary7.5%
- Industrials6.1%
- Communication5.9%
- Materials5.7%
- Energy3.5%
- Health Care2.9%
- Consumer Staples2.5%
- Utilities1.8%
- Real Estate0.9%
Geography
- Taiwan (Province of China)29.40%
- Korea (the Republic of)21.36%
- China17.20%
- India10.40%
- Brazil4.51%
- South Africa2.40%
- Saudi Arabia2.27%
- Mexico1.56%
- 10.90%
Developed 2% · Emerging 98%
DBEM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
DBEM$13,047
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | DBEM |
|---|---|
| Year to date | +22.2% |
| 1 month | −2.1% |
| 3 months | −3.4% |
| 1 year | +30.5% |
| 3 years | +23.1% |
| 5 years | +9.6% |
| 10 years | +9.1% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | DBEM |
|---|---|---|
| 2026 YTD | +22.2% | |
| 2025 | +30.4% | |
| 2024 | +10.6% | |
| 2023 | +10.6% | |
| 2022 | −17.0% | |
| 2021 | −2.3% | |
| 2020 | +18.1% |
DBEM in the news
DBEM Dividends
- 2.16%
- $0.83
- $0.41 per share
- Twice a year
Distribution history
DBEM Risk
- 13.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.32
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −27.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.92
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
DBEM Cost
0.66%
DBEM0.66%
- The middle half of MSCI Emerging Markets Core funds
- Median 0.66%
2 of the 5 MSCI Emerging Markets Core funds charge less.
Other funds in MSCI Emerging Markets Core
- AIEMGiShares Core MSCI Emerging Markets ETFExpense ratio 0.09%1 year return +28.7%
- BEMXCiShares MSCI Emerging Markets ex China ETFExpense ratio 0.25%1 year return +49.8%
- BEEMiShares MSCI Emerging Markets ETFExpense ratio 0.72%1 year return +29.8%
- DHEEMiShares Currency Hedged MSCI Emerging Markets ETFExpense ratio 1.51%1 year return +30.3%