Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF
ALTAR
Score™
7.7% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
16.1x P/Sales
ratio
1.5x
P/BV
ratio
1.8x Div.
yield
2.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
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

FUND BASICS
Category Emerging Market Equities
Fund Sponsor Deutsche Bank
Website dws.com
Inception date Dec 06, 2018
Assets (mns) $7
Currency USD
Expense ratio 20 bp
Distributions Semi-annual

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Market Cap
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 432
Wgt avg mkt cap (mns) $170,725
Large cap (>$10bn) 75.8%
Mid cap ($2-10bn) 22.2%
Small cap (<$2bn) 1.8%
Developed mkts 6.1%
Emerging mkts 92.5%

TOP TEN HOLDINGS
ALIBABA GROUP HOLDING LTD. SPONSOR 13.1 %
TENCENT HOLDINGS LTD 11.0 %
TAIWAN SEMICONDUCTOR MANUFAC 8.7 %
CHINA CONSTRUCTION BANK-H 2.8 %
NASPERS LTD-N SHS 2.6 %
RELIANCE INDUSTRIES LTD 2.0 %
HOUSING DEVELOPMENT FINANCE 1.3 %
LUKOIL OAO 1.1 %
MEDIATEK INC 0.9 %
TATA CONSULTANCY SVS LTD 0.8 %
Total 44.3 %

TOP COUNTRY EXPOSURE
CHINA 34.0 %
TAIWAN 17.1 %
INDIA 10.1 %
SOUTH AFRICA 6.1 %
SOUTH KOREA 5.1 %
BRAZIL 4.3 %
HONG KONG 3.6 %
THAILAND 3.1 %
MALAYSIA 2.6 %
RUSSIA 2.2 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-13.7% -1.3% -- -- 2.2%

Market Correlations
versus... Beta R-squared
S&P500 0.94 79%
MSCI EAFE 1.01 84%
MSCI Emg. Mkts. 0.88 95%

Technical Indicators
Recent close $24.67
30d moving avg. $22.93
Annualized volatility 22.1%
Short interest (ETF) 0.2%
Relative strength (RSI) 58

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.3%
Bid/Ask (% of price) 0.64%
ADV underlying (mns) $17,308

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF ETF based on the alternatives' overlap in portfolio holdings with EMSG. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EMSG Expense: 20 bp ALTAR Score™: 7.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EMSG
Ticker Fund
Name
Overlap1
vs EMSG
(%)
Expense
ratio
(bp)
Savings
vs EMSG
(bp)
ALTAR
Score™
(%)
ALTAR
vs EMSG
(%)
ESGE iShares ESG MSCI EM ETF 55.2 25 -5 9.8 +2.0
EEMX SPDR MSCI Emerging Markets Fossil Fuel Free ETF 52.5 30 -10 8.9 +1.2
EEMA iShares MSCI Emerging Markets Asia ETF 51.2 50 -30 8.5 +0.8
SCHE Schwab Emerging Markets Equity ETF 51.2 13 7 8.7 +1.0
EEM iShares MSCI Emerging Markets ETF 50.1 68 -48 8.3 +0.6
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 49.3 32 -12 6.9 -0.9
BKF iShares MSCI BRIC ETF 49.0 69 -49 8.5 +0.8
NUEM Nuveen ESG Emerging Markets Equity ETF 48.9 45 -25 7.9 +0.1
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 48.7 65 -45 8.4 +0.7
JHEM John Hancock Multifactor Emerging Markets ETF 47.7 55 -35 8.9 +1.2
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 46.1 49 -29 8.4 +0.7
PBEE Invesco PureBeta FTSE Emerging Markets ETF 45.9 14 6 9.6 +1.9
AAXJ iShares MSCI All Country Asia ex Japan ETF 45.3 68 -48 8.0 +0.3
IEMG iShares Core MSCI Emerging Markets ETF 45.1 14 6 8.8 +1.0
FLAX Franklin FTSE Asia Ex Japan ETF 44.9 19 1 8.6 +0.8
VWO Vanguard FTSE Emerging Markets ETF 43.7 10 10 8.9 +1.2
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 42.9 45 -25 8.8 +1.1
EMXC iShares MSCI Emerging Markets ex China ETF 42.7 49 -29 8.5 +0.8
SPEM SPDR Portfolio Emerging Markets ETF 40.6 11 9 8.7 +0.9
DVEM WisdomTree Emerging Markets Dividend Fund 40.5 32 -12 9.2 +1.5
GMF SPDR S&P Emerging Asia Pacific ETF 38.8 49 -29 8.0 +0.3
MCHI iShares MSCI China ETF 37.7 59 -39 9.1 +1.4
FLCH Franklin FTSE China ETF 36.5 19 1 9.3 +1.6
GXC SPDR S&P China ETF 36.5 59 -39 9.0 +1.2
PXH Invesco FTSE RAFI Emerging Markets ETF 33.8 50 -30 13.8 +6.1
RFEM First Trust Riverfront Dynamic Emerging Markets ETF 33.6 95 -75 10.2 +2.5
CN Xtrackers MSCI All China Equity ETF 33.0 50 -30 9.4 +1.6
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 32.9 30 -10 9.5 +1.7
KALL KraneShares FTSE Emerging Markets Plus ETF 32.4 49 -29 9.1 +1.4
FNDE Schwab Fundamental Emerging Markets Large Co. Index ETF 30.2 39 -19 13.2 +5.5
AVEM Avantis Emerging Markets Equity ETF 29.3 33 -13 9.6 +1.9
CXSE WisdomTree China ex-State-Owned Enterprises Fund 29.1 32 -12 7.0 -0.7
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 29.0 49 -29 9.1 +1.3
AIA iShares Asia 50 ETF 28.6 50 -30 9.1 +1.4
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 28.5 59 -39 11.2 +3.4
WCHN WisdomTree ICBCCS S&P China 500 Fund 28.5 55 -35 9.2 +1.5
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 28.1 45 -25 9.0 +1.3
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fun 27.8 40 -20 7.9 +0.2
ACSG Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF 26.4 16 4 7.2 -0.5
ISEM Invesco Strategic Emerging Markets ETF 25.8 35 -15 10.4 +2.7
DGRE WisdomTree Emerging Markets Quality Dividend Growth Fund 25.1 32 -12 9.6 +1.9
CHIL Global X MSCI China Large-Cap 50 ETF 25.0 29 -9 9.6 +1.9
EMCG WisdomTree Emerging Markets Consumer Growth Fund 24.4 32 -12 7.9 +0.2
RNEM Emerging Markets Equity Select ETF 24.3 75 -55 10.6 +2.8
CEZ VictoryShares Emerging Market Volatility Wtd Index ETF 23.5 50 -30 9.9 +2.2
AXJL WisdomTree Asia Pacific ex-Japan Fund 23.4 48 -28 10.0 +2.3
MXDE Nationwide Maximum Diversification Emerging Mkts Core Eq 22.5 64 -44 5.3 -2.4
EEMO Invesco S&P Emerging Markets Momentum ETF 21.6 30 -10 7.3 -0.5
FDNI First Trust Dow Jones International Internet ETF 21.2 65 -45 2.9 -4.9
EEMV iShares Edge MSCI Min Vol Emerging Markets ETF 20.4 25 -5 8.5 +0.8
KWEB KraneShares CSI China Internet ETF 20.0 76 -56 3.5 -4.2
XCEM Columbia EM Core ex-China ETF 19.7 16 4 7.9 +0.2
EMQQ EMQQ The Emerging Markets Internet & Ecommerce ETF 19.0 86 -66 2.4 -5.4
EMMF WisdomTree Emerging Markets Multifactor Fund 18.9 48 -28 9.9 +2.2
ROAM Hartford Multifactor Emerging Markets ETF 17.7 44 -24 15.1 +7.4
EELV Invesco S&P Emerging Markets Low Volatility ETF 17.1 29 -9 9.9 +2.2
EWT iShares MSCI Taiwan ETF 17.1 59 -39 6.5 -1.3
FLTW Franklin FTSE Taiwan ETF 16.9 19 1 6.8 -1.0
FDEM Fidelity Targeted Emerging Markets Factor ETF 16.8 45 -25 9.8 +2.1
EMGF iShares Edge MSCI Multifactor Emerging Markets ETF 16.4 45 -25 10.0 +2.3
FXI iShares China Large-Cap ETF 15.9 74 -54 13.6 +5.8
PIE Invesco DWA Emerging Markets Momentum ETF 15.7 90 -70 5.7 -2.0
TTTN UP Fintech China-U.S. Internet Titans ETF 15.6 59 -39 5.1 -2.6
ECON Columbia Emerging Markets Consumer ETF 15.1 59 -39 4.9 -2.8
ADRE Invesco BLDRS Emerging Markets 50 ADR Index Fund 14.4 18 2 6.2 -1.5
VIGI Vanguard International Dividend Appreciation ETF 13.7 25 -5 6.0 -1.7
EMDV ProShares MSCI Emerging Markets Dividend Growers ETF 13.6 60 -40 8.6 +0.9
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 13.6 40 -20 7.5 -0.2
VSGX Vanguard ESG International Stock ETF 13.5 17 3 7.5 -0.2
UEVM VictoryShares USAA MSCI Emerging Markets Value Momentum ETF 12.8 45 -25 13.5 +5.8
JOYY Infusive Compounding Global Equities ETF 12.7 50 -30 3.9 -3.8
EMFM Global X MSCI Next Emerging & Frontier ETF 12.6 55 -35 8.8 +1.1
ACWX iShares MSCI ACWI ex U.S. ETF 12.5 32 -12 7.6 -0.1
IXUS ishares Core MSCI Total International Stock ETF 12.2 9 11 7.7 -0.0
ONLN ProShares Online Retail ETF 12.1 58 -38 1.6 -6.1
BICK First Trust BICK Index Fund 11.7 64 -44 4.5 -3.2
VXUS Vanguard Total International Stock Index Fund 11.6 8 12 7.8 +0.1
DEM WisdomTree Emerging Markets High Dividend Fund 11.6 63 -43 14.2 +6.5
VEU Vanguard FTSE All-World ex-US Index Fund 11.5 8 12 7.9 +0.1
CQQQ Invesco China Technology ETF 11.3 70 -50 4.4 -3.3
CHIQ Global X China Consumer ETF 11.1 65 -45 9.4 +1.7
VYMI Vanguard International High Dividend Yield ETF 10.6 32 -12 10.4 +2.7
CWI SPDR MSCI ACWI ex-US ETF 10.4 30 -10 7.8 +0.0
CHIC Global X Nasdaq China Technology ETF 10.2 65 -45 4.4 -3.3
HDAW Xtrackers MSCI All World ex US High Dividend Yield Hedged 10.1 20 0 11.1 +3.4
OGIG O'Shares Global Internet Giants ETF 10.1 48 -28 0.5 -7.2
DINT Davis Select International ETF 10.0 75 -55 6.0 -1.7
KEMQ Kraneshares Emerging Markets Consumer Technology Index ETF 9.8 80 -60 1.7 -6.0
FLIN Franklin FTSE India ETF 9.3 19 1 6.4 -1.3
INDA iShares MSCI India ETF 9.3 69 -49 6.0 -1.7
FNI First Trust Chindia ETF 9.2 59 -39 3.5 -4.2
PIN Invesco India ETF 8.8 82 -62 6.4 -1.3
EPI WisdomTree India Earnings Fund 8.7 85 -65 9.8 +2.1
IXSE WisdomTree India Ex-State-Owned Enterprises Fund 8.6 58 -38 5.6 -2.2
NFTY First Trust India NIFTY 50 Equal Weight ETF 8.5 80 -60 8.7 +1.0
INDY iShares India 50 ETF 8.5 94 -74 6.3 -1.4
PGJ Invesco Golden Dragon China ETF 8.4 70 -50 3.5 -4.3
SOCL Global X Social Media ETF 8.4 65 -45 2.3 -5.5
BUYZ Franklin Disruptive Commerce ETF 8.4 50 -30 -0.1 -7.9
DWLD Davis Select Worldwide ETF 8.4 64 -44 6.8 -0.9

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 14.0 %
Divided by: Fwd. P/BV 1.8 x
Less: Expense ratio 20 bp
Equals: ALTAR Score 7.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.39 CATEGORY
AVERAGE
1.45
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.