EFFE vs EMCS

EFFECHarbor Osmosis Emerging Markets Resource Efficient ETF

EMCSAXtrackers MSCI Emerging Markets Climate Selection ETF

In short

EFFE —No data

EMCS A screened take on emerging markets at core-tracker pricing: 0.15% a year for roughly 70 names carved out of a global selection index. Cheap enough to sit beside the plain-vanilla EM giants, narrow enough to look nothing like them.

Stated mandate

EFFE —No data

EMCS The fund seeks results generally corresponding, before fees and expenses, to the performance of its MSCI climate-selection index. The index represents large- and mid-capitalization companies across emerging-market countries and applies ESG and climate screens.

Why people hold it

EFFE —No data

• EMCS Costs 0.15% a year, well under the roughly 0.66% median for its EM index peer group and a fraction of EEM's 0.72%.
• Rules-based mandate, no discretion bolted on: it takes the emerging-market slice of a roughly 500-stock global selection index screened on climate and ESG criteria.sec.gov
• Concentrated on purpose: roughly 70 large- and mid-cap names instead of the several hundred in broad EM benchmarks, so the screens actually show up in the portfolio.
• Live since 2018 and one of the stronger implementations in its MSCI emerging-markets peer group.

Worth knowing

EFFE —No data

• EMCS Thinly traded next to the EM heavyweights like IEMG and EEM, so spreads can run wider and larger orders push the price around more.
• Renamed twice since launch (ESG Leaders, then Climate Selection, now Select), each time with index and objective changes. Read the current prospectus, not the old ticker's story.dws.com
• Cash comes once or twice a year rather than monthly, and a portfolio this narrow can drift from broad EM returns in either direction.

Full EFFE profile⁠

Full EMCS profile⁠