EMCR
Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF
EMCR tracks an index of large- and midcap emerging market stocks that are selected based on ESG criteria. Holdings are weighted in tiers, in favor of low carbon intensity
Emerging Market
EQUITY
Rules-Based
MANAGEMENT STYLE
48.8 M
ASSETS UNDER MGMT
15 bp
EXPENSES
Fund Basics
| Fund sponsor | Deutsche Bank |
| Category | Emerging |
| Asset class | Equity |
| Website | link... |
| Inception date | Dec 06, 2018 |
| Assets (mns) | $49 |
| Expense ratio | 15 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Semi-annual |
| Taxation | 1099 |
| Stock selection | Principles-based |
| Weighting | Tiered |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| TAIWAN SEMICONDUCTOR MANUFAC | 14.3 % |
| TENCENT HOLDINGS LTD | 5.8 % |
| SAMSUNG ELECTRONICS CO LTD | 3.5 % |
| ALIBABA GROUP HOLDING LTD. SPONSORED ADR | 1.8 % |
| INFOSYS TECHNOLOGIES LTD | 1.6 % |
| MEITUAN DIANPING | 1.4 % |
| PINDUODUO, INC. SPONSORED ADR CLASS A | 1.4 % |
| HON HAI PRECISION INDUSTRY | 1.4 % |
| HYNIX SEMICONDUCTOR INC | 1.4 % |
| CHINA CONSTRUCTION BANK-H | 1.3 % |
Constituent Breakdown
| Number of holdings | 1333 |
| Herfindahl-Hirschman Index | 287 |
| Wgt avg mkt cap (mns) | $196,300 |
| Large cap (>$10bn) | 81.3% |
| Mid cap ($2-10bn) | 16.9% |
| Small cap (<$2bn) | 1.0% |
| Developed mkts. | 6.7% |
| Emerging mkts. | 93.4% |
Country Exposure
 |
TAIWAN | 26.2 % |
 |
CHINA | 25.1 % |
 |
INDIA | 18.2 % |
 |
SOUTH KOREA | 11.7 % |
 |
BRAZIL | 3.8 % |
 |
SOUTH AFRICA | 3.6 % |
 |
SAUDI ARABIA | 2.8 % |
 |
UAE | 2.5 % |
 |
INDONESIA | 2.2 % |
 |
MEXICO | 2.1 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 8.4% | 11.4% | 7.9% | -- | -- | -- | -0.9% | Volatility | 16.4% | 16.4% | 16.8% | 19.1% | 20.7% | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.67 | 42% |
| MSCI EAFE | 0.81 | 59% |
| MSCI Emg Mkts | 1.04 | 99% |
Liquidity Measures
| Avg. volume (000) | 15 |
| Turnover | 0.9% |
| Avg. Bid/Ask (% of price) | 0.34% |
| ADV of underlying (mns) | $72,780 |
Technical Indicators
| Recent close | $30.49 |
| 30d moving avg. | $31.05 |
| Annualized volatility | 18.3% |
| Relative strength (RSI) | 50 |
| Short interest (ETF) | 0.1% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. EMCR |
Expenses vs. EMCR |
ALTAR Score™ vs. EMCR |
|---|---|---|---|---|
| EEMX | SPDR MSCI Emerging Markets Fossil Fuel Free ETF | 71.6% | +15 bp | -2.9% |
| GSEE | Goldman Sachs MarketBeta Emerging Markets Equity ETF | 70.9% | +21 bp | -2.5% |
| BKEM | BNY Mellon Emerging Markets Equity ETF | 69.6% | -4 bp | -2.0% |
| DBEM | Xtrackers MSCI Emerging Markets Hedged Equity ETF | 68.8% | +51 bp | -0.3% |
| EEM | iShares MSCI Emerging Markets ETF | 67.8% | +54 bp | -3.4% |
| BBEM | JPMorgan BetaBuilders Emerging Markets Equity ETF | 67.3% | 0 bp | -3.1% |
| EEMA | iShares MSCI Emerging Markets Asia ETF | 65.6% | +34 bp | -3.8% |
| EMXC | iShares MSCI Emerging Markets ex China ETF | 65.5% | +10 bp | -3.6% |
| SCHE | Schwab Emerging Markets Equity ETF | 62.2% | -4 bp | -3.1% |
| JHEM | John Hancock Multifactor Emerging Markets ETF | 61.9% | +34 bp | -2.1% |
Risk and Returns: EMCR 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.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| 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 12/18/2024
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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
EMCR
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.
ALTAR Score™
EMCR
10.4%
Cat. Avg
7.8%
ALTAR Score™ Calculation
Category Overview
There are 164 funds in the Emerging Equity category, with an average ALTAR Score™
of 7.8% and a standard deviation of
4.1%. EMCR's ALTAR Score™ is approximately
0.6 standard deviations
above
the category average. This places EMCR in the 74th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
EMCRSELL
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 |
| EMCR (15 bp) Percentile rank | 4 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| EMCR | 15.0 | 33.8 | 48.8 |
| Peer Avg. | 47.6 | 37.7 | 85.3 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .