DBEM Fees and Costs — Xtrackers MSCI Emerging Markets Hedged Equity ETF
Data updated: 2026-09-25
The net expense ratio is 0.66%: a 0.65% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $6K in broker commissions, 0.0068% of average net assets, and portfolio turnover was 12%.
DBEM Fees and Expenses
Annual operating expenses and sales charges of DBEM. Prospectus, as of September 25, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | — |
| Other expenses | 0.01% |
| Gross expense ratio | 0.66% |
| Fee waiver | — |
| Net expense ratio | 0.66% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
DBEM Costs Over Time
On $10,000 invested in DBEM, assuming 5% a year before costs, total costs come to $420 over 5 years, cutting the return by 0.70% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.66%) | $69 | $217 | $378 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $70 | $230 | $420 |
| Value after costs | $10,430 | $11,346 | $12,343 |
| Impact on return, per year | 0.70% | 0.70% | 0.70% |
DBEM Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0068%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): $39.8M
- Portfolio turnover (prospectus): 12%
- Securities on loan, average value: $20K
- Net income from securities lending: $775 (0.001% of average net assets)
DBEM Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $2K | 39.40% |
| MORGAN STANLEY & CO. LLC | $1K | 20.77% |
| UBS Securities LLC | $1K | 18.50% |
| J.P. Morgan Securities LLC | $847 | 15.24% |
| GOLDMAN SACHS & CO. LLC | $119 | 2.14% |
| CitiGroup Global Markets Inc. | $118 | 2.12% |
| INSTINET, LLC | $52 | 0.94% |
| BARCLAYS CAPITAL, INC. | $49 | 0.88% |
DBEM Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| THE BANK OF NEW YORK MELLON | $34.5M | 86.58% |
| J.P. Morgan Securities LLC | $1.8M | 4.44% |
| UBS SECURITIES LLC | $1.4M | 3.42% |
| BOFA SECURITIES, INC. | $1.2M | 2.92% |
| VIRTU AMERICAS LLC | $483K | 1.21% |
| CitiGroup Global Markets Inc. | $368K | 0.92% |
| GOLDMAN SACHS & CO. LLC | $173K | 0.44% |
| Dongfeng Motor Group Co. Ltd. | $15K | 0.04% |
| Mobile TeleSystems Public Joint Stock Company | $10K | 0.03% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.