This ETF offers exposure to emerging markets, making DBEM one of many products offering exposure to an asset class that is often a core component of long-term, buy-and-hold portfolios. This fund is similar to products such as EEM and VWO as far as the underlying portfolio; the overlap between these ETFs is nearly perfect. But DBEM is unique from other emerging markets ETFs because it hedges out the currency exposure that an investment in international equities entails. In addition to establishing a long position in international stocks, investors using most emerging markets ETFs are also going long the currencies of the underlying stocks (including the Brazilian real, Indian rupee, and Russian ruble) and short the U.S. dollar. DBEM uses short term forward contracts to neutralize the impact of exchange rate fluctuations, essentially isolating the local performance of the emerging market stocks as the driver of returns. While this difference may seem minor, the impact of currency movements on equities can be a significant source of return—both positive and negative—to U.S. based investors. Though DBEM’s portfolio is nearly identical to those of EEM and VWO, the risk/return profiles of these products can vary significantly.
Investors who expect the U.S. dollar to strengthen relative to its developed market rivals may prefer DBEM as the optimal means of establishing exposure to the emerging markets region, as this fund should outperform EEM / VWO when the U.S. currency appreciates. Those with a bearish outlook for the greenback may prefer to leave currency exposure unhedged, utilizing a fund such as EEM instead. Those investors without a strong view in either direction might use a mix of both hedged and unhedged EAFE ETFs (eg 50% in DBEM and 50% in EEM).
Given the broad focus of this ETF, DBEM might be very useful to those building a long-term portfolio; the EAFE region generally receives a big weighting in most portfolios. DBEM can also be useful for establishing a currency-neutral tactical tilt towards this corner of the global equity market.
| Segment | Equity: Emerging Markets - Total Market |
| Category | Size and Style |
| Focus | Total Market |
| Niche | Broad-based |
| Strategy | Vanilla |
| Weighting Scheme | Market Cap |
This section compares how balanced and deep this ETF is relative to its peers.
| DBEM | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 1189 | 787 | 803 |
| % of Assets in Top 10 | 26.33% | 31.70% | 37.27% |
| % of Assets in Top 15 | 30.84% | 38.46% | 42.80% |
| % of Assets in Top 50 | 45.40% | 63.64% | 64.75% |
| DBEM | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | 70.68% | 52.48% | 52.15% |
| Mid (>2.7B) | 26.16% | 32.05% | 25.96% |
| Small (>600M) | 0.63% | 9.71% | 4.32% |
| Micro (<600M) | 0.00% | 1.57% | 0.70% |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| DBEM | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 0.43 | $ 0.61 | $ 0.51 |
| Dividend Date | 2024-12-20 | N/A | N/A |
| Annual Dividend Rate | $ 0.62 | $ 1.16 | $ 0.92 |
| Annual Dividend Yield | 2.53% | 3.55% | 2.80% |
View charts featuring DBEM price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: 0 1 Month Net Flows: 0 3 Month Net Flows: -6.38 M 6 Month Net Flows: -6.38 M 1 Year Net Flows: -38.9 M 3 Year Net Flows: -37.72 M 5 Year Net Flows: -53.96 M 10 Year Net Flows: 1.75 MView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: -2.13 MThe adjacent table gives investors an individual Realtime Rating for DBEM on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Emerging Markets Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | Qualified dividends |
| Distributes K1 | No |
This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.
| DBEM |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | -3.66% | -4.60% | -3.70% |
| 3 Month Return | -7.30% | -7.69% | -6.86% |
| YTD Return | -1.72% | -1.52% | -1.02% |
| 1 Year Return | 10.65% | 6.44% | 4.86% |
| 3 Year Return | -0.75% | -0.83% | -0.90% |
| 5 Year Return | 2.17% | 1.57% | 0.81% |
The following charts reflect the geographic spread of DBEM's underlying holdings.
| Region | Percentage |
|---|---|
| Asia Pacific | 77.04% |
| Europe | 12.47% |
| North, Central and South America | 8.58% |
| Other | 2.0% |
| Country | Percentage |
|---|---|
| China | 24.23% |
| Taiwan | 19.52% |
| India | 18.52% |
| South Korea | 9.48% |
| Saudi Arabia | 4.19% |
| Brazil | 3.68% |
| South Africa | 2.63% |
| Other | 2.0% |
| Mexico | 1.78% |
| Malaysia | 1.47% |
| Indonesia | 1.41% |
| United Arab Emirates | 1.4% |
| Thailand | 1.36% |
| Hong Kong | 1.33% |
| Ireland | 0.88% |
| Poland | 0.8% |
| Qatar | 0.79% |
| Kuwait | 0.76% |
| Turkey | 0.65% |
| Cayman Islands | 0.58% |
| Philippines | 0.51% |
| Greece | 0.47% |
| Chile | 0.4% |
| Hungary | 0.25% |
| Peru | 0.19% |
| United Kingdom | 0.17% |
| United States | 0.14% |
| Czechia | 0.14% |
| Colombia | 0.1% |
| Luxembourg | 0.1% |
| Egypt | 0.07% |
| Netherlands | 0.05% |
| Singapore | 0.02% |
| Australia | 0.02% |
The following charts reflect the allocation of DBEM's underlying holdings.
| Sector | Percentage |
|---|---|
| Finance | 24.58% |
| Electronic Technology | 21.6% |
| Technology Services | 9.78% |
| Retail Trade | 5.47% |
| Energy Minerals | 4.45% |
| Non-Energy Minerals | 3.88% |
| Producer Manufacturing | 3.7% |
| Consumer Non-Durables | 3.61% |
| Consumer Durables | 3.49% |
| Transportation | 3.27% |
| Health Technology | 2.74% |
| Utilities | 2.73% |
| Communications | 2.65% |
| Process Industries | 2.15% |
| Other | 1.64% |
| Consumer Services | 1.57% |
| Industrial Services | 0.87% |
| Health Services | 0.68% |
| Distribution Services | 0.5% |
| CASH | 0.36% |
| Commercial Services | 0.34% |
| Miscellaneous | 0.03% |
| Market Cap | Percentage |
|---|---|
| Large | 70.68% |
| Mid | 26.16% |
| Small | 0.63% |
| Micro | 0.0% |
| Region | Percentage |
|---|
| Asset | Percentage |
|---|---|
| Share/Common/Ordinary | 92.99% |
| American Depositary Receipt | 1.69% |
| Other | 1.64% |
| Preferred Equity | 1.59% |
| Non-Voting Depositary Receipt | 1.34% |
| Unit | 0.46% |
| CASH | 0.36% |
| Alien/Foreign | 0.02% |
| Warrant | 0.0% |
| Sector | Percentage |
|---|---|
| Finance | 24.58% |
| Electronic Technology | 21.6% |
| Technology Services | 9.78% |
| Retail Trade | 5.47% |
| Energy Minerals | 4.45% |
| Non-Energy Minerals | 3.88% |
| Producer Manufacturing | 3.7% |
| Consumer Non-Durables | 3.61% |
| Consumer Durables | 3.49% |
| Transportation | 3.27% |
| Health Technology | 2.74% |
| Utilities | 2.73% |
| Communications | 2.65% |
| Process Industries | 2.15% |
| Other | 1.64% |
| Consumer Services | 1.57% |
| Industrial Services | 0.87% |
| Health Services | 0.68% |
| Distribution Services | 0.5% |
| CASH | 0.36% |
| Commercial Services | 0.34% |
| Miscellaneous | 0.03% |
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 81.07% |
| 20 Day Volatility | 11.27% |
| 50 Day Volatility | 13.05% |
| 200 Day Volatility | 15.75% |
| Beta | 0.6 |
| Standard Deviation | 1.18% |
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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