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DBEMvsHEEMETF Comparison

ETF 1
DBEM

Xtrackers MSCI Emerging Markets Hedged Equity ETF

This fund is part of
EM Large & Mid Cap
+0.27%
Full DBEM fund page
VS
ETF 2
HEEM

iShares Currency Hedged MSCI Emerging Markets ETF

This fund is part of
EM Large & Mid Cap
+0.27%
Full HEEM fund page

Xtrackers MSCI Emerging Markets Hedged Equity ETF (DBEM) and iShares Currency Hedged MSCI Emerging Markets ETF (HEEM) belong to the same industry segment: EM Large & Mid Cap. Both ETFs have the same top 3 sector exposures: Information Technology, Financials and Consumer Discretionary. DBEM is less expensive with a Total Expense Ratio (TER) of 0.66%, versus 1.51% for HEEM. DBEM is up 7.86% year-to-date (YTD) with +$4M in YTD flows. HEEM performs better with 8.42% YTD performance, and +$19M in YTD flows. Run a side-by-side ETF comparison of DBEM and HEEM below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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DBEM vs HEEM performance and flow charts

Performance

-4.0-2.00.02.04.0%Feb 10Feb 18Feb 25Mar 4Mar 11

Cumulative Flows

0 M1 M2 M3 M4 M5 M6 MFeb 10Feb 18Feb 25Mar 4Mar 11

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 03/10/2026
1M3MYTD1Y3Y5Y
Perf.
DBEM
HEEM
-2.03%-3.15%
+9.27%+9.30%
+7.86%+8.42%
+36.33%+37.72%
+71.29%+75.56%
+34.57%+34.60%
Flows
DBEM
HEEM
+$4M+$5M
+$4M+$20M
+$4M+$19M
-$5M+$17M
-$36M+$11M
-$35M-$11M
Volatility and drawdown
3M1Y3Y5Y
Volatility
DBEM
HEEM
+17.99%+18.03%
+15.36%+16.63%
+13.11%+14.55%
+14.02%+15.86%
Max drawdown
DBEM
HEEM
-8.20%-7.73%
-12.13%-14.02%
-13.24%-14.41%
-31.19%-30.46%
Max drawdown duration
DBEM
HEEM
12d14d
56d57d
242d240d
1439d1192d
Trading data

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DBEM
HEEM
Last sale
3/12/2026 at 1:30 PM
$34.05
$36.82
Previous close
03/11/2026
$34.97
$37.82
Consolidated volume
03/11/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

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DBEM
HEEM
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 3/12/2026 at 1:30 PM
Live
Closed
DBEM
HEEM
Last price
$34.05
$36.82
1D performance
-2.62%
-2.64%
AuM$88.38 M$227.43 M
E/R0.66%1.51%
Characteristics
DBEM
HEEM
Management strategyPassivePassive
ProviderXtrackers by DWSiShares
BenchmarkMSCI Emerging Markets IndexMSCI Emerging Markets Index
N° of holdings10391090
Asset classEquitiesEquities
Trailing 12m distribution yield
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Inception dateJune 8, 2011September 23, 2014
ESGNoNo
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Exposure

Countries

DBEM
Taiwan
20.85%
Republic of Korea
14.57%
Cayman Islands
14.47%
India
13.09%
China
10.19%
Other
26.83%
HEEM
Taiwan
20.9%
Republic of Korea
15.49%
Cayman Islands
14.79%
India
13.16%
China
10.43%
Other
25.25%

Sectors

DBEM
Information Techn.
29.58%
Financials
19.73%
Consumer Discreti.
10.48%
Communication Ser.
8.44%
Other
31.78%
HEEM
Information Techn.
30.33%
Financials
19.98%
Consumer Discreti.
10.56%
Communication Ser.
8.49%
Materials
7.08%
Other
23.56%
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Diversification

DBEM

Total weight of top 15 holdings out of 15

34.47%
HEEM

Total weight of top 15 holdings out of 15

35.62%

Top 15 holdings

Data as of January 31, 2026
DBEM
TWN SEMICONT MAN
12.48%
SAMSUNG ELECTR
4.44%
TENCENT HOLDINGS
4.41%
ALIBABA GROUP HOLDING LTD
3.15%
SK HYNIX
2.56%
HDFC BANK
1.02%
CHINA CONSTRUCTION BANK
0.84%
HON HAI PRECISION INDUSTRY
0.78%
RELIANCE INDUSTRIES
0.75%
XIAOMI CORP
0.72%
MEDIATEK INC
0.71%
DELTA ELECTRONIC
0.70%
ICICI BANK
0.69%
PINDUODUO INC ADR
0.67%
MEITUAN
0.55%
HEEM
TWN SEMICONT MAN
12.56%
SAMSUNG ELECTR
4.72%
TENCENT HOLDINGS
4.51%
ALIBABA GROUP HOLDING LTD
3.37%
SK HYNIX
2.91%
HDFC BANK
1.02%
CHINA CONSTRUCTION BANK
0.89%
RELIANCE INDUSTRIES
0.82%
HON HAI PRECISION INDUSTRY
0.80%
MEDIATEK INC
0.77%
XIAOMI CORP
0.71%
DELTA ELECTRONIC
0.69%
PINDUODUO INC ADR
0.65%
US0669224778
0.61%
ICICI BANK
0.59%
Frequently asked questions about DBEM and HEEM

How have the DBEM and HEEM ETFs performed in 2026?

As of March 10, 2026, DBEM is up 7.86% year-to-date (YTD), while HEEM has returned 8.42%. That puts HEEM better performer ahead so far this year.

Which ETF is attracting more investor money: DBEM or HEEM?

Year-to-date, the DBEM ETF saw +$4M in flows, compared to +$19M for HEEM.

Which ETF is more volatile: DBEM or HEEM?

Over the past year, DBEM had a volatility of 15.36%, while HEEM experienced 16.63%.

Which ETF is bigger: DBEM or HEEM?

As of March 10, 2026, DBEM holds $88.38 M in assets under management (AUM), while HEEM manages $227.43 M.

What sectors do the DBEM and HEEM ETFs invest in?

DBEM leans toward sectors like Information Technology, Financials and Consumer Discretionary. Meanwhile, HEEM focuses on Information Technology, Financials and Consumer Discretionary.

What are the top holdings of the DBEM ETF and HEEM ETF?

DBEM top holdings include TWN SEMICONT MAN, SAMSUNG ELECTR and TENCENT HOLDINGS. HEEM holds in its top three: TWN SEMICONT MAN, SAMSUNG ELECTR and TENCENT HOLDINGS.

Which ETF is more diversified: DBEM or HEEM?

DBEM holds 1146 securities with 34.47% of its assets in the top 15. HEEM has 1199 securities and a top 15 weight of 35.62%.

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