SEMGX Performance — DWS Emerging Markets Equity Fund, Class S
Data updated: 2026-09-25
SEMGX returned +21.68% year to date and +39.68% over one year to Jul 2026. Annualised returns are +18.63% over 3 years and +5.27% over 5 years. The fund beat its Emerging Markets Equity category average: $100 invested three years ago grew to $167, against $164 for the category, and to $140 over one year, against $134. Volatility over the past three years was 18.32% a year. In the 12 months to Jul 2026 the fund lost a net $7.5M, and assets reached $74.12M.
SEMGX Growth of $100
What $100 invested in DWS Emerging Markets Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Equity category average over the same months.
| Period | SEMGX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $140 | $134 |
| 3 years (Aug 2023 – Jul 2026) | $167 | $164 |
| 5 years (Aug 2021 – Jul 2026) | $129 | $143 |
| Since data start (Aug 2019 – Jul 2026) | $161 | $188 |
SEMGX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +21.68% |
| 1 year | +39.68% |
| 3 years (annualised) | +18.63% |
| 5 years (annualised) | +5.27% |
SEMGX Annual Returns
Calendar-year total returns of DWS Emerging Markets Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +21.68% |
| 2025 | +28.81% |
| 2024 | +7.48% |
| 2023 | +6.29% |
| 2022 | −21.65% |
| 2021 | −11.60% |
| 2020 | +18.65% |
| 2019 (Aug–Dec) | +9.28% |
SEMGX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +9.8% | +5.3% | −12.1% | +16.5% | +9.2% | +2.8% | −8.4% | — | — | — | — | — |
| 2025 | +1.0% | −0.1% | +0.4% | +0.5% | +4.8% | +5.3% | −0.1% | +1.6% | +7.0% | +3.9% | −1.8% | +3.5% |
| 2024 | −3.6% | +3.5% | +3.3% | −0.4% | +1.9% | +3.0% | −0.9% | +1.8% | +5.1% | −3.5% | −1.4% | −1.1% |
| 2023 | +10.2% | −8.2% | +3.2% | −2.8% | −4.0% | +5.1% | +4.8% | −6.1% | −2.5% | −3.2% | +7.8% | +3.8% |
| 2022 | −0.7% | −5.9% | −2.2% | −6.6% | +2.1% | −5.6% | −2.0% | +0.5% | −8.5% | −6.4% | +15.3% | −2.0% |
| 2021 | +2.8% | +1.5% | −2.6% | +1.2% | 0.0% | +0.2% | −7.0% | +1.0% | −4.4% | −0.6% | −5.0% | +1.1% |
| 2020 | −6.0% | −3.4% | −13.9% | +7.5% | +0.4% | +6.5% | +8.4% | +3.0% | −0.6% | +3.0% | +7.9% | +7.0% |
| 2019 | — | — | — | — | — | — | — | −4.7% | +2.4% | +3.7% | +0.9% | +7.0% |
SEMGX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 18.32%
- 3-year Sharpe ratio: 0.77 (vs 4.5% risk-free rate)
- Best month: +16.52% (Apr 2026)
- Worst month: −12.14% (Mar 2026)
SEMGX Fund Flows
Monthly money in and out of DWS Emerging Markets Equity Fund, from SEC Form N-PORT.
- 12-month net flow: −$7.5M
- 12-month gross sales (incl. reinvestments): $8.9M
- Sales ÷ redemptions: 0.54×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $267K | $774K | −$507K |
| Jun 2026 | $372K | $880K | −$508K |
| May 2026 | $1.5M | $2.1M | −$545K |
| Apr 2026 | $1.5M | $2.2M | −$692K |
| Mar 2026 | $94K | $1.2M | −$1.1M |
| Feb 2026 | $599K | $1.4M | −$818K |
| Jan 2026 | $1.5M | $2.1M | −$574K |
| Dec 2025 | $2.1M | $1.6M | $457K |
| Nov 2025 | $199K | $1.0M | −$841K |
| Oct 2025 | $483K | $895K | −$412K |
| Sep 2025 | $144K | $659K | −$515K |
| Aug 2025 | $190K | $1.6M | −$1.4M |
SEMGX Assets Under Management
Net assets of DWS Emerging Markets Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $74.12M |
| 2026-04-30 | $73.66M |
| 2026-01-31 | $71.03M |
| 2025-10-31 | $66.38M |
| 2025-07-31 | $61.06M |
| 2025-04-30 | $57.86M |
| 2025-01-31 | $61.04M |
| 2024-10-31 | $65.34M |
| 2024-07-31 | $69.17M |
| 2024-04-30 | $70.86M |
| 2024-01-31 | $83.90M |
| 2023-10-31 | $99.94M |
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.