Xtrackers MSCI Emerging Markets Hedged Equity ETF
$39.84−0.52 (−1.28%)
- Expense ratio
- 0.66%
- Fund size
- $113M
- 1Y return
- +34.6%
- Yield · Last 12 months
- 2.06%
- Holdings
- 1148
- Volume · 30D
- 0M sh
- NAV per share
- $39.50
- 52W range
The ETF.net DBEM Grade
Score 41 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.CScore 42Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 64Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 14Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 56Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 30Category rank
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
- 1,148
- 39%
- 2330.TW
Sectors
- Technology41.7%
- Financials19.5%
- Consumer Discr.8.2%
- Industrials6.4%
- Materials6.3%
- Communication6.2%
- Energy3.6%
- Health Care2.9%
- Cons. Staples2.6%
- Utilities1.8%
- Real Estate1.0%
Geography
- Taiwan28.49%
- South Korea21.05%
- China17.80%
- India10.99%
- Brazil4.06%
- South Africa2.63%
- Saudi Arabia2.35%
- Mexico1.61%
- 11.03%
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.
Returns run to the Sep 22, 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 | +28.0% |
| 1 month | +3.2% |
| 3 months | −5.1% |
| 1 year | +34.6% |
| 3 years | +24.9% |
| 5 years | +10.6% |
| 10 years | +9.4% |
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 | +28.0% | |
| 2025 | +30.4% | |
| 2024 | +10.6% | |
| 2023 | +10.6% | |
| 2022 | −17.0% | |
| 2021 | −2.3% | |
| 2020 | +18.1% |
DBEM in the news
ETF.net Research hasn’t filed on DBEM yet — coverage lands here as it’s written.
DBEM Dividends
- 2.06%
- $0.83
- $0.41 per share
- Twice a year
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 18, 2026 | Jun 26, 2026 | $0.41 |
| Dec 19, 2025 | Dec 29, 2025 | $0.42 |
| Jun 20, 2025 | Jun 27, 2025 | $0.17 |
| Dec 20, 2024 | Dec 30, 2024 | $0.43 |
| Jun 21, 2024 | Jun 28, 2024 | $0.18 |
| Dec 15, 2023 | Dec 22, 2023 | $0.29 |
| Jun 23, 2023 | Jun 30, 2023 | $0.30 |
| Dec 16, 2022 | Dec 23, 2022 | $0.30 |
| Jun 24, 2022 | Jul 1, 2022 | $0.27 |
| Dec 17, 2021 | Dec 27, 2021 | $0.24 |
| Jun 25, 2021 | Jul 2, 2021 | $0.23 |
| Dec 18, 2020 | Dec 28, 2020 | $0.37 |
DBEM Risk
- 13.9%
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.
- 1.24
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
- The middle half of MSCI Emerging Markets Core funds
- Median 0.66%
2 of the 5 MSCI Emerging Markets Core funds charge less.