EMSG
Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF
EMSG tracks an index of large- and midcap emerging market stocks. After excluding certain industries, the index selects stocks with higher ESG scores per MSCI and weights them by market cap. lf
Emerging Market
EQUITY
Rules-Based
MANAGEMENT STYLE
212.5 M
ASSETS UNDER MGMT
20 bp
EXPENSES
Fund Basics
| Fund sponsor | Deutsche Bank |
| Category | Emerging |
| Asset class | Equity |
| Website | link... |
| Inception date | Dec 04, 2018 |
| Assets (mns) | $212 |
| Expense ratio | 20 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Semi-annual |
| Taxation | 1099 |
| Stock selection | Principles-based |
| Weighting | Market Cap |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| TAIWAN SEMICONDUCTOR MANUFAC | 13.1 % |
| TENCENT HOLDINGS LTD | 8.9 % |
| RELIANCE INDS-SPONS GDR 144A | 8.8 % |
| ALIBABA GROUP HOLDING LTD. | 6.0 % |
| SAMSUNG ELECTRONICS CO LTD | 3.9 % |
| XIAOMI CORP. CLASS B | 2.7 % |
| MEITUAN DIANPING | 2.7 % |
| HDFC BANK LIMITED | 2.3 % |
| CHINA CONSTRUCTION BANK-H | 2.1 % |
| ICICI BANK LTD | 1.9 % |
Constituent Breakdown
| Number of holdings | 82 |
| Herfindahl-Hirschman Index | 483 |
| Wgt avg mkt cap (mns) | $276,176 |
| Large cap (>$10bn) | 99.6% |
| Mid cap ($2-10bn) | 2.6% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 2.9% |
| Emerging mkts. | 100.5% |
Country Exposure
 |
CHINA | 35.9 % |
 |
TAIWAN | 29.1 % |
 |
INDIA | 22.7 % |
 |
SOUTH KOREA | 5.6 % |
 |
BRAZIL | 3.9 % |
 |
SOUTH AFRICA | 2.1 % |
 |
MEXICO | 1.2 % |
 |
HONG KONG | 1.1 % |
 |
UNITED STATES | 1.1 % |
 |
CAYMAN ISLANDS | 0.8 % |
Historical Performance
Standardized Performance (as of 04/30/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -3.4% | 5.3% | 3.6% | -1.0% | 2.3% | -- | -- | 1.2% |
| Dividend Yield | 0.0% | 0.4% | 1.8% | 1.9% | 1.8% | -- | -- | 2.0% |
| Total Returns | -3.4% | 5.7% | 5.4% | 0.9% | 4.1% | -- | -- | 3.2% | Ann. Volatility | -- | 18.8% | 16.8% | 19.1% | 20.2% | -- | -- | 21.4% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.81 | 44% |
| MSCI EAFE | 0.91 | 61% |
| MSCI Emg Mkts | 1.14 | 100% |
Liquidity Measures
| Avg. volume (000) | 2 |
| ADV traded (mns) | $0 |
| Turnover | 0.0% |
| Avg. Bid/Ask (% of price) | 0.33% |
Technical Indicators
| Recent close | $29.79 |
| 30d moving avg. | $28.23 |
| Annualized volatility | 20.9% |
| Relative strength (RSI) | 40 |
| Short interest | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. |
Expenses vs. |
ALTAR Score™ vs. |
|---|---|---|---|---|
| AIA | iShares Asia 50 ETF | 55.0% | +30 bp | +14.4% |
| EMCR | Xtrackers Emerging Markets Carbon Reduction and Climate Impr | 48.4% | -5 bp | +8.5% |
| EEMA | iShares MSCI Emerging Markets Asia ETF | 47.7% | +29 bp | +10.7% |
| FLAX | Franklin FTSE Asia Ex Japan ETF | 45.1% | -1 bp | +9.9% |
| ECON | Columbia Emerging Markets Consumer ETF | 43.9% | +29 bp | +13.0% |
| BBEM | JPMorgan BetaBuilders Emerging Markets Equity ETF | 43.7% | -5 bp | +10.8% |
| AAXJ | iShares MSCI All Country Asia ex Japan ETF | 43.4% | +50 bp | +9.8% |
| DBEM | Xtrackers MSCI Emerging Markets Hedged Equity ETF | 43.4% | +46 bp | +10.4% |
| EEMO | Invesco S&P Emerging Markets Momentum ETF | 42.9% | +9 bp | +6.7% |
| JEMA | JPMorgan ActiveBuilders Emerging Markets Equity ETF | 42.8% | +13 bp | +10.5% |
Risk and Returns: vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 5/23/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.
ALTAR Score™
10.7%
Cat. Avg
8.2%
ALTAR Score™ Calculation
Category Overview
There are 111 funds in the Emerging Equity category, with an average ALTAR Score™
of 8.2% and a standard deviation of
2.7%. 's ALTAR Score™ is approximately
0.9 standard deviations
above
the category average. This places in the 82nd percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
EMSGSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based Emerging Market Equity ETFs |
| # of ETFs | 103 |
| Avg. Expense Ratio | 64.6 bp |
| Std. Deviation | 29 bp |
| (20 bp) Percentile rank | 6 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| 20.0 | 0.0 | 20 | |
| Peer Avg. | 61.5 | 44.6 | 106.1 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .