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 51 ETFs in the Emerging Markets Equities category with lower expense ratios, going as low as 0.07%.

Symbol	Name	Expense Ratio	AUM	Inception
SPEM	SPDR Portfolio Emerging Markets ETF	0.07%	17.88B	Mar 2007	DBEM vs SPEM
VEXC	Vanguard Emerging Markets Ex-China ETF	0.07%	235.70M	Sep 2025	DBEM vs VEXC
VWO	Vanguard FTSE Emerging Markets ETF	0.08%	162.80B	Mar 2005	DBEM vs VWO
SCHE	Schwab Emerging Markets Equity ETF	0.11%	12.80B	Jan 2010	DBEM vs SCHE
EMCR	Xtrackers Emerging Markets Carbon Reduction and Cl...	0.15%	58.93M	Dec 2018	DBEM vs EMCR

Best Risk-Adjusted Alternatives to DBEM

DBEM has a PortfoliosLab risk / return rank of 87. There are 2 ETFs in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 90.

Symbol	Name	Risk / Return Rank	AUM	Inception
GEME	Pacific North of South Global Emerging Markets Equ...	90	366.05M	Jan 2025	DBEM vs GEME
EVLU	iShares MSCI Emerging Markets Value Factor ETF	88	—	Sep 2024	DBEM vs EVLU
ROAM	Hartford Multifactor Emerging Markets ETF	86	120.77M	Feb 2015	DBEM vs ROAM
PIE	Invesco DWA Emerging Markets Momentum ETF	85	257.92M	Dec 2007	DBEM vs PIE
EMXC	iShares MSCI Emerging Markets ex China ETF	85	26.40B	Jul 2017	DBEM vs EMXC

Top Performing DBEM Alternatives (YTD)

DBEM is at 27.92% YTD. There are 9 ETFs in the Emerging Markets Equities category with higher YTD returns, going as high as 38.60%.

Symbol	Name	YTD Return	AUM	Inception
PIE	Invesco DWA Emerging Markets Momentum ETF	38.60%	257.92M	Dec 2007	DBEM vs PIE
EMXC	iShares MSCI Emerging Markets ex China ETF	37.89%	26.40B	Jul 2017	DBEM vs EMXC
EEMO	Invesco S&P Emerging Markets Momentum ETF	35.52%	21.60M	Feb 2012	DBEM vs EEMO
XCEM	Columbia EM Core ex-China ETF	34.20%	2.09B	Sep 2015	DBEM vs XCEM
GEME	Pacific North of South Global Emerging Markets Equ...	32.99%	366.05M	Jan 2025	DBEM vs GEME

Lowest Volatility Alternatives to DBEM

DBEM has 20.69% 1-year volatility. There are 39 ETFs in the Emerging Markets Equities category with lower 1-year volatility, going as low as 8.33%.

Symbol	Name	Volatility 1Y	AUM	Inception
TJUN	FT Vest Emerging Markets Buffer ETF - June	8.33%	—	Jun 2025	DBEM vs TJUN
TDEC	FT Vest Emerging Markets Buffer ETF - December	10.71%	10.25M	Dec 2024	DBEM vs TDEC
EMDV	ProShares MSCI Emerging Markets Dividend Growers E...	11.54%	7.21M	Jan 2016	DBEM vs EMDV
EDIV	SPDR S&P Emerging Markets Dividend ETF	12.67%	1.28B	Feb 2011	DBEM vs EDIV
QAT	iShares MSCI Qatar ETF	13.25%	67.45M	Apr 2014	DBEM vs QAT

Lowest Drawdown Alternatives to DBEM

DBEM has a 1-year max drawdown of -10.51%. There are 17 ETFs in the Emerging Markets Equities category with shallower 1-year drawdowns, going as shallow as -4.47%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
TJUN	FT Vest Emerging Markets Buffer ETF - June	-4.47%	—	Jun 2025	DBEM vs TJUN
EMDV	ProShares MSCI Emerging Markets Dividend Growers E...	-7.24%	7.21M	Jan 2016	DBEM vs EMDV
DVYE	iShares Emerging Markets Dividend ETF	-7.30%	1.21B	Feb 2012	DBEM vs DVYE
DEM	WisdomTree Emerging Markets Equity Income Fund	-7.89%	4.03B	Jul 2007	DBEM vs DEM
EWX	SPDR S&P Emerging Markets Small Cap ETF	-7.98%	747.02M	May 2008	DBEM vs EWX

Other ETFs from Deutsche Bank

The 10 most viewed Deutsche Bank ETFs shown here include DGP, HDEF, SNPE and span 10 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	-14.58%	228.65M	Feb 2008	DBEM vs DGP
HDEF	Xtrackers MSCI EAFE High Dividend Yield Equity ETF	Foreign Large Cap Equities, Dividend	40	4.97%	2.14B	Aug 2015	DBEM vs HDEF
SNPE	Xtrackers S&P 500 ESG ETF	S&P 500, ESG	70	8.65%	2.68B	Jun 2019	DBEM vs SNPE
CN	Xtrackers MSCI All China Equity ETF	China Equities	—	—	5.96M	Apr 2014	DBEM vs CN
SHYL	Xtrackers Short Duration High Yield Bond ETF	High Yield Bonds	63	1.36%	266.29M	Jan 2018	DBEM vs SHYL
HYUP	Xtrackers High Beta High Yield Bond ETF	High Yield Bonds	49	1.83%	43.71M	Jan 2018	DBEM vs HYUP
DBAW	Xtrackers MSCI All World ex US Hedged Equity ETF	Foreign Large Cap Equities	83	16.14%	271.57M	Jan 2014	DBEM vs DBAW
ASHS	Xtrackers Harvest CSI 500 China A-Shares Small Cap...	China Equities	83	20.07%	37.44M	May 2014	DBEM vs ASHS
USSG	Xtrackers MSCI USA ESG Leaders Equity ETF	Large Cap Growth Equities	54	7.41%	568.25M	Mar 2019	DBEM vs USSG
EASG	Xtrackers MSCI EAFE ESG Leaders Equity ETF	Foreign Large Cap Equities	37	8.27%	69.26M	Sep 2018	DBEM vs EASG

Often Compared With DBEM

Investors most often compare DBEM with ECLN, FEMKX, IEFA. These 20 comparison targets span 8 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	Emerging Markets Equities	84	28.98%	—	Nov 1990	DBEM vs FEMKX
IEFA	iShares Core MSCI EAFE ETF	Foreign Large Cap Equities	42	8.47%	187.61B	Oct 2012	DBEM vs IEFA
URTH	iShares MSCI World ETF	Global Equities	57	8.07%	8.07B	Jan 2012	DBEM vs URTH
ESGE	iShares ESG Aware MSCI EM ETF	Emerging Markets Equities	65	22.27%	7.14B	Jun 2016	DBEM vs ESGE
SLVP	iShares MSCI Global Silver and Metals Miners ETF	Silver, Precious Metals	39	-9.48%	893.65M	Jan 2012	DBEM vs SLVP
EEMX	SPDR MSCI Emerging Markets Fossil Fuel Free ETF	Asia Pacific Equities	71	24.65%	187.26M	Oct 2016	DBEM vs EEMX
AGEM	abrdn Emerging Markets Dividend Active ETF	Emerging Markets Equities	83	27.99%	374.25M	Feb 2025	DBEM vs AGEM
RWEM	Rayliant Wilshire NxtGen Emerging Markets Equity E...	Emerging Markets Equities	49	20.99%	77.96M	Dec 2021	DBEM vs RWEM
ECOW	Pacer Emerging Markets Cash Cows 100 ETF	Emerging Markets Equities	69	8.95%	210.83M	May 2019	DBEM vs ECOW
QEMM	SPDR MSCI Emerging Markets StrategicFactors ETF	Emerging Markets Equities	66	21.11%	57.27M	Jun 2014	DBEM vs QEMM
GEM	Goldman Sachs ActiveBeta Emerging Markets Equity E...	Emerging Markets Equities	68	22.90%	1.60B	Sep 2015	DBEM vs GEM
WCME	First Trust WCM Developing World Equity ETF	Emerging Markets Equities	39	12.31%	37.21M	Mar 2020	DBEM vs WCME
EMOP	AB Emerging Markets Opportunities ETF	Emerging Markets Equities	76	27.21%	2.16B	Jun 2025	DBEM vs EMOP
EYLD	Cambria Emerging Shareholder Yield ETF	Emerging Markets Equities	66	20.89%	864.63M	Jul 2016	DBEM vs EYLD
RNEM	First Trust Emerging Markets Equity Select ETF	Emerging Markets Equities	13	-0.01%	16.85M	Jun 2017	DBEM vs RNEM
EMCS	Xtrackers MSCI Emerging Markets Climate Selection ...	Emerging Markets Equities, ESG	75	30.08%	1.07B	Dec 2018	DBEM vs EMCS
JPEM	J.P. Morgan Diversified Return Emerging Markets Eq...	Emerging Markets Equities	43	4.39%	392.87M	Jan 2015	DBEM vs JPEM
VNAM	Global X MSCI Vietnam ETF	Emerging Markets Equities	56	0.20%	37.01M	Dec 2021	DBEM vs VNAM
AVES	Avantis Emerging Markets Value ETF	Emerging Markets Equities	47	12.71%	1.40B	Sep 2021	DBEM vs AVES

Compare DBEM with Any Fund or Stock

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

Symbol name

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