DBEM Alternatives & Similar ETFs

Xtrackers MSCI Emerging Markets Hedged Equity ETF (DBEM) belongs to the Emerging Markets Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with DBEM. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to DBEM

DBEM charges 0.66% annually. There are 59 ETFs in the Emerging Markets Equities category with lower expense ratios, going as low as 0.07%.

Symbol	Name	Expense Ratio	AUM	Inception
VEXC	Vanguard Emerging Markets Ex-China ETF	0.07%	235.70M	Sep 2025	DBEM vs VEXC
SPEM	SPDR Portfolio Emerging Markets ETF	0.07%	17.31B	Mar 2007	DBEM vs SPEM
VWO	Vanguard FTSE Emerging Markets ETF	0.08%	162.80B	Mar 2005	DBEM vs VWO
SCHE	Schwab Emerging Markets Equity ETF	0.11%	12.63B	Jan 2010	DBEM vs SCHE
BKEM	BNY Mellon Emerging Markets Equity ETF	0.11%	86.15M	Apr 2020	DBEM vs BKEM

Best Risk-Adjusted Alternatives to DBEM

DBEM has a PortfoliosLab risk / return rank of 82. There are 3 ETFs in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 88.

Symbol	Name	Risk / Return Rank	AUM	Inception
GEME	Pacific North of South Global Emerging Markets Equ...	88	366.05M	Jan 2025	DBEM vs GEME
PIE	Invesco DWA Emerging Markets Momentum ETF	88	262.88M	Dec 2007	DBEM vs PIE
EVLU	iShares MSCI Emerging Markets Value Factor ETF	87	—	Sep 2024	DBEM vs EVLU
EMXC	iShares MSCI Emerging Markets ex China ETF	79	24.99B	Jul 2017	DBEM vs EMXC
ROAM	Hartford Multifactor Emerging Markets ETF	79	109.30M	Feb 2015	DBEM vs ROAM

Top Performing DBEM Alternatives (YTD)

DBEM is at 22.75% YTD. There are 12 ETFs in the Emerging Markets Equities category with higher YTD returns, going as high as 36.43%.

Symbol	Name	YTD Return	AUM	Inception
PIE	Invesco DWA Emerging Markets Momentum ETF	36.43%	262.88M	Dec 2007	DBEM vs PIE
EMXC	iShares MSCI Emerging Markets ex China ETF	30.46%	24.99B	Jul 2017	DBEM vs EMXC
GEME	Pacific North of South Global Emerging Markets Equ...	28.05%	366.05M	Jan 2025	DBEM vs GEME
XCEM	Columbia EM Core ex-China ETF	27.89%	1.97B	Sep 2015	DBEM vs XCEM
EVLU	iShares MSCI Emerging Markets Value Factor ETF	25.92%	—	Sep 2024	DBEM vs EVLU

Lowest Volatility Alternatives to DBEM

DBEM has 21.53% 1-year volatility. There are 43 ETFs in the Emerging Markets Equities category with lower 1-year volatility, going as low as 9.57%.

Symbol	Name	Volatility 1Y	AUM	Inception
TJUN	FT Vest Emerging Markets Buffer ETF - June	9.57%	—	Jun 2025	DBEM vs TJUN
TDEC	FT Vest Emerging Markets Buffer ETF - December	10.79%	10.25M	Dec 2024	DBEM vs TDEC
EMDV	ProShares MSCI Emerging Markets Dividend Growers E...	11.50%	7.11M	Jan 2016	DBEM vs EMDV
RNEM	First Trust Emerging Markets Equity Select ETF	12.51%	16.78M	Jun 2017	DBEM vs RNEM
EDIV	SPDR S&P Emerging Markets Dividend ETF	12.79%	1.22B	Feb 2011	DBEM vs EDIV

Lowest Drawdown Alternatives to DBEM

DBEM has a 1-year max drawdown of -10.51%. There are 18 ETFs in the Emerging Markets Equities category with shallower 1-year drawdowns, going as shallow as -6.72%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
TJUN	FT Vest Emerging Markets Buffer ETF - June	-6.72%	—	Jun 2025	DBEM vs TJUN
EMDV	ProShares MSCI Emerging Markets Dividend Growers E...	-7.24%	7.11M	Jan 2016	DBEM vs EMDV
DEM	WisdomTree Emerging Markets Equity Income Fund	-7.89%	3.91B	Jul 2007	DBEM vs DEM
EWX	SPDR S&P Emerging Markets Small Cap ETF	-7.98%	707.60M	May 2008	DBEM vs EWX
TDEC	FT Vest Emerging Markets Buffer ETF - December	-8.16%	10.25M	Dec 2024	DBEM vs TDEC

Other ETFs from Deutsche Bank

The 10 most viewed Deutsche Bank ETFs shown here include DGP, HDEF, SNPE and span 11 categories. AUM among these funds goes as high as $3B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
DGP	DB Gold Double Long Exchange Traded Notes	Leveraged Commodities, Gold, Precious Metals	19	-19.95%	228.65M	Feb 2008	DBEM vs DGP
HDEF	Xtrackers MSCI EAFE High Dividend Yield Equity ETF	Foreign Large Cap Equities, Dividend	53	8.35%	2.26B	Aug 2015	DBEM vs HDEF
SNPE	Xtrackers S&P 500 ESG ETF	S&P 500, ESG	71	9.78%	2.62B	Jun 2019	DBEM vs SNPE
CN	Xtrackers MSCI All China Equity ETF	China Equities, Asia Pacific Equities	—	—	5.96M	Apr 2014	DBEM vs CN
SHYL	Xtrackers Short Duration High Yield Bond ETF	High Yield Bonds	69	1.41%	265.09M	Jan 2018	DBEM vs SHYL
DBAW	Xtrackers MSCI All World ex US Hedged Equity ETF	Foreign Large Cap Equities	84	15.07%	271.91M	Jan 2014	DBEM vs DBAW
HYUP	Xtrackers High Beta High Yield Bond ETF	High Yield Bonds	52	1.81%	45.57M	Jan 2018	DBEM vs HYUP
ASHS	Xtrackers Harvest CSI 500 China A-Shares Small Cap...	China Equities, Asia Pacific Equities	69	12.81%	36.68M	May 2014	DBEM vs ASHS
USSG	Xtrackers MSCI USA ESG Leaders Equity ETF	Large Cap Growth Equities	59	9.94%	571.82M	Mar 2019	DBEM vs USSG
HYDW	Xtrackers Low Beta High Yield Bond ETF	High Yield Bonds	73	1.35%	65.28M	Jan 2018	DBEM vs HYDW

Often Compared With DBEM

Investors most often compare DBEM with ECLN, FEMKX, IEFA. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ECLN	First Trust EIP Carbon Impact ETF	Utilities Equities	—	—	19.41M	Aug 2019	DBEM vs ECLN
FEMKX	Fidelity Emerging Markets Fund	Emerging Markets Equities	68	21.22%	—	Nov 1990	DBEM vs FEMKX
IEFA	iShares Core MSCI EAFE ETF	Foreign Large Cap Equities	46	9.24%	187.22B	Oct 2012	DBEM vs IEFA
ESGE	iShares ESG Aware MSCI EM ETF	Emerging Markets Equities	58	17.75%	6.80B	Jun 2016	DBEM vs ESGE
SLVP	iShares MSCI Global Silver and Metals Miners ETF	Silver, Precious Metals	38	-12.53%	819.95M	Jan 2012	DBEM vs SLVP
URTH	iShares MSCI World ETF	Global Equities	63	10.01%	8.14B	Jan 2012	DBEM vs URTH
EEMX	SPDR MSCI Emerging Markets Fossil Fuel Free ETF	Emerging Markets Equities	64	19.72%	176.36M	Oct 2016	DBEM vs EEMX
EMOP	AB Emerging Markets Opportunities ETF	Emerging Markets Equities	71	22.87%	2.10B	Jun 2025	DBEM vs EMOP
WCME	First Trust WCM Developing World Equity ETF	Emerging Markets Equities	33	9.66%	36.35M	Mar 2020	DBEM vs WCME
RWEM	Rayliant Wilshire NxtGen Emerging Markets Equity E...	Emerging Markets Equities	39	15.40%	77.96M	Dec 2021	DBEM vs RWEM
GEM	Goldman Sachs ActiveBeta Emerging Markets Equity E...	Emerging Markets Equities	61	18.38%	1.68B	Sep 2015	DBEM vs GEM
ECOW	Pacer Emerging Markets Cash Cows 100 ETF	Emerging Markets Equities	74	10.62%	213.27M	May 2019	DBEM vs ECOW
VNAM	Global X MSCI Vietnam ETF	Emerging Markets Equities	34	-3.69%	36.75M	Dec 2021	DBEM vs VNAM
AGEM	abrdn Emerging Markets Dividend Active ETF	Emerging Markets Equities	74	23.23%	356.48M	Feb 2025	DBEM vs AGEM
EYLD	Cambria Emerging Shareholder Yield ETF	Emerging Markets Equities	70	21.34%	845.66M	Jul 2016	DBEM vs EYLD
EMCR	Xtrackers Emerging Markets Carbon Reduction and Cl...	Emerging Markets Equities	57	15.90%	58.56M	Dec 2018	DBEM vs EMCR
EMIF	iShares Emerging Markets Infrastructure ETF	Emerging Markets Equities	27	-1.12%	13.17M	Jun 2009	DBEM vs EMIF
DVYE	iShares Emerging Markets Dividend ETF	Emerging Markets Equities, Dividend	47	7.73%	1.20B	Feb 2012	DBEM vs DVYE
QEMM	SPDR MSCI Emerging Markets StrategicFactors ETF	Emerging Markets Equities	61	18.86%	54.57M	Jun 2014	DBEM vs QEMM
JPEM	J.P. Morgan Diversified Return Emerging Markets Eq...	Emerging Markets Equities	42	5.31%	383.52M	Jan 2015	DBEM vs JPEM

Compare DBEM with Any Fund or Stock

Compare DBEM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair DBEM with funds that move differently

Xtrackers MSCI Emerging Markets Hedged Equity ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DBEM.

Explore DBEM Diversifiers

Xtrackers MSCI Emerging Markets Hedged Equity ETF (DBEM) Alternatives