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
96.3 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) | $96 |
| 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) | $204,922 |
| Large cap (>$10bn) | 81.7% |
| Mid cap ($2-10bn) | 16.6% |
| Small cap (<$2bn) | 1.0% |
| Developed mkts. | 6.9% |
| Emerging mkts. | 93.1% |
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 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 10.8% | 23.7% | 17.5% | -- | -- | -- | -0.2% | Volatility | 16.4% | 16.4% | 16.8% | 19.1% | 20.7% | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.71 | 45% |
| MSCI EAFE | 0.81 | 59% |
| MSCI Emg Mkts | 1.04 | 99% |
Liquidity Measures
| Avg. volume (000) | 74 |
| Turnover | 2.4% |
| Avg. Bid/Ask (% of price) | 0.34% |
| ADV of underlying (mns) | $79,963 |
Technical Indicators
| Recent close | $30.57 |
| 30d moving avg. | $32.37 |
| Annualized volatility | 18.6% |
| Relative strength (RSI) | 50 |
| Short interest (ETF) | 1.1% |
| Short interest (underlying) | 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. EMCR |
Expenses vs. EMCR |
ALTAR Score™ vs. EMCR |
|---|---|---|---|---|
| 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 | -1.9% |
| EEMX | SPDR MSCI Emerging Markets Fossil Fuel Free ETF | 69.0% | +15 bp | -3.0% |
| DBEM | Xtrackers MSCI Emerging Markets Hedged Equity ETF | 68.8% | +51 bp | -0.3% |
| EEM | iShares MSCI Emerging Markets ETF | 68.4% | +54 bp | -3.4% |
| BBEM | JPMorgan BetaBuilders Emerging Markets Equity ETF | 67.3% | 0 bp | -3.0% |
| EEMA | iShares MSCI Emerging Markets Asia ETF | 66.3% | +34 bp | -3.8% |
| EMXC | iShares MSCI Emerging Markets ex China ETF | 66.2% | +10 bp | -3.6% |
| AAXJ | iShares MSCI All Country Asia ex Japan ETF | 62.4% | +55 bp | -4.1% |
| 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.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
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
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
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 11/15/2024
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
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.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
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 165 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. | 47.4 | 39.4 | 86.9 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .