DBEM vs. AVES
Compare and contrast key facts about Xtrackers MSCI Emerging Markets Hedged Equity ETF (DBEM) and Avantis Emerging Markets Value ETF (AVES).
DBEM and AVES are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DBEM is a passively managed fund by Deutsche Bank that tracks the performance of the MSCI EM US Dollar Hedged Index. It was launched on Jun 9, 2011. AVES is an actively managed fund by American Century. It was launched on Sep 28, 2021.
Performance
DBEM vs. AVES - Performance Comparison
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DBEM vs. AVES - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF | 8.13% | 30.42% | 10.61% | 10.53% | -17.00% | -1.70% |
AVES Avantis Emerging Markets Value ETF | 3.23% | 30.49% | 4.50% | 16.79% | -16.04% | 1.32% |
Returns By Period
In the year-to-date period, DBEM achieves a 8.13% return, which is significantly higher than AVES's 3.23% return.
DBEM
- 1D
- 0.89%
- 1M
- -4.59%
- YTD
- 8.13%
- 6M
- 12.24%
- 1Y
- 36.77%
- 3Y*
- 18.31%
- 5Y*
- 5.84%
- 10Y*
- 8.56%
AVES
- 1D
- 0.25%
- 1M
- -7.78%
- YTD
- 3.23%
- 6M
- 6.57%
- 1Y
- 31.01%
- 3Y*
- 16.43%
- 5Y*
- —
- 10Y*
- —
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DBEM vs. AVES - Expense Ratio Comparison
DBEM has a 0.66% expense ratio, which is higher than AVES's 0.36% expense ratio.
Return for Risk
DBEM vs. AVES — Risk / Return Rank
DBEM
AVES
DBEM vs. AVES - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Emerging Markets Hedged Equity ETF (DBEM) and Avantis Emerging Markets Value ETF (AVES). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| DBEM | AVES | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.96 | 1.72 | +0.24 |
Sortino ratioReturn per unit of downside risk | 2.65 | 2.28 | +0.37 |
Omega ratioGain probability vs. loss probability | 1.39 | 1.34 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 3.28 | 2.48 | +0.80 |
Martin ratioReturn relative to average drawdown | 12.99 | 9.44 | +3.55 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DBEM | AVES | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.96 | 1.72 | +0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.47 | -0.20 |
Correlation
The correlation between DBEM and AVES is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
DBEM vs. AVES - Dividend Comparison
DBEM's dividend yield for the trailing twelve months is around 1.70%, less than AVES's 3.18% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF | 1.70% | 1.84% | 2.48% | 2.55% | 2.65% | 1.77% | 1.74% | 2.59% | 2.85% | 1.51% | 1.59% | 3.49% |
AVES Avantis Emerging Markets Value ETF | 3.18% | 3.17% | 4.09% | 3.96% | 3.70% | 0.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
DBEM vs. AVES - Drawdown Comparison
The maximum DBEM drawdown since its inception was -33.51%, which is greater than AVES's maximum drawdown of -27.40%. Use the drawdown chart below to compare losses from any high point for DBEM and AVES.
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Drawdown Indicators
| DBEM | AVES | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.51% | -27.40% | -6.11% |
Max Drawdown (1Y)Largest decline over 1 year | -11.38% | -12.90% | +1.52% |
Max Drawdown (5Y)Largest decline over 5 years | -30.58% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -33.51% | — | — |
Current DrawdownCurrent decline from peak | -6.62% | -10.06% | +3.44% |
Average DrawdownAverage peak-to-trough decline | -11.81% | -7.91% | -3.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.87% | 3.39% | -0.52% |
Volatility
DBEM vs. AVES - Volatility Comparison
Xtrackers MSCI Emerging Markets Hedged Equity ETF (DBEM) and Avantis Emerging Markets Value ETF (AVES) have volatilities of 8.08% and 7.78%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DBEM | AVES | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.08% | 7.78% | +0.30% |
Volatility (6M)Calculated over the trailing 6-month period | 13.55% | 12.88% | +0.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.81% | 18.08% | +0.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.65% | 16.73% | -0.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.91% | 16.73% | +0.18% |