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Xtrackers J P Morgan USD Emerging Markets Bond UCITS ETF 1D EUR Hedged

Xtrackers · LU2361257269

Xtrackers J P Morgan USD Emerging Markets Bond UCITS ETF 1D EUR Hedged is an exchange-traded fund (ETF) from Xtrackers, traded under the ticker XUEE (ISIN LU2361257269). One trade buys a whole basket of holdings, so your money is spread out instead of riding on a single company. In plain terms it is about lending to governments and companies in return for regular interest, which tends to be steadier than shares but grows more slowly, spread across its target market. It passively tracks the J.P. Morgan Emerging Markets Bond Index Global Diversified 1Bn Country index — mirroring that market instead of paying a manager to pick winners, which keeps costs low, and its largest holdings include 0, ARGENTINA REPUBLIC OF GOVERNMENT and ECUADOR REPUBLIC OF (GOVERNMENT). It holds around 918 positions (the ten largest ≈ 6.1%), spreading risk so no single holding decides your outcome. By industry it concentrates most in ~70.8% Government and ~4.5% Energy. Funds like this are often used as the steadier, lower-swing part of a portfolio — the ballast that cushions the ups and downs of shares. Its ongoing charge (TER) is 0.4% a year — about €40 a year on a €10,000 holding, taken automatically from the fund. Income such as dividends is paid out to you as cash (a distributing share class). It holds the underlying investments directly (physical replication); it is domiciled in Luxembourg and UCITS-regulated, a European standard built to protect everyday investors and trades in EUR. On the standard KID risk scale it is rated 4 out of 7 and its price has swung about 6.7% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2021. As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from Xtrackers.)

· Tracks the J.P. Morgan Emerging Markets Bond Index Global Diversified 1Bn Country index ?
Bond ?Distributing ?Physical ?LU ?
Mid-range feePays cash dividendsOwns the shares directlyEmerging MarketsBroadly spread
Fund size (AUM) ?
€0
Risk level (SRI) ?
4 / 7 · Medium
1-year return ?
+2.0%
Price Return · to 2026-07-17
Yearly fee (TER) ?
0.40%
All-in cost ≈ 0.40%

About this fund

What you own

The J.P. Morgan Emerging Markets Bond Index Global Diversified 1Bn Country index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 918 companies across Emerging Markets in a single purchase.

Dividends

The fund pays dividends out to you as cash, usually a few times a year.

Read more

You get the dividends as cash you can spend or move elsewhere, which some people like for a sense of income. If you would rather it compounded, you buy more units yourself — it will not reinvest on its own the way an accumulating version does. The same fund is often sold in both versions; what it holds underneath is identical.

How it works

The fund actually buys every share in the index it tracks (full replication).

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Owning every holding keeps things transparent — what is in the index is what the fund actually owns. It can be a touch costlier to run for indexes with thousands of tiny positions, since the fund has to buy and maintain them all. There is no swap bank involved, so there is no extra “what if the partner fails” question to weigh.

Cost

0.40%Yearly fee (TER)
0.40%All-in cost

The yearly running cost of the fund, shown as a % of your money. €0.20 per €100 a year at 0.20%. Lower is cheaper.

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It is skimmed quietly from inside the fund a little each day, so you never get a bill — but it drags on your return every year you hold. On a broad index ETF it is usually a small fraction of a percent; the gap between a cheap and a pricey fund looks tiny on day one but compounds over decades, which is why it is worth a glance.

Fund facts

Index tracked ?
J.P. Morgan Emerging Markets Bond Index Global Diversified 1Bn Country
Replication ?
Physical
Full — buys every share
Regulation ?
UCITS
Yes
Launched
2021
5-year track record

Bond details

Inflation-linked ?
No — nominal (fixed) payouts

Performance

99.5101103105107202520252026

Growth of €100 invested — both lines start at €100.

Xtrackers J P Morgan USD Emerging Markets Bond UCITS ETF 1D EUR Hedged Average J.P. Morgan Emerging Markets Bond Index Global Diversified 1Bn Country ETF (funds we track) ?

Compared with the average fund tracking the same index — our own data, not the licensed index itself.

YTD-2.4%
1 year+2.0%
3 years+0.3%

Return, year by year

-25.2
+2.9
-2.9
+5.1
'22'23'24'25
2 of 4 up yearsBest: 2025 +5.1%Worst: 2022 -25.2%Calendar-year total returns, in EUR

How bumpy has it been?

6.7%
Volatility (1y) ?
How much the price swings year to year — lower is calmer.
-10.5%
Worst drop (3y) ?
The biggest fall from a peak over the last three years.
0.04
Return for the risk (3y) ?
Reward earned per unit of bumpiness.

The bigger picture

-23.3%
Since inception
Total growth since launch — about -5.4% a year.
+12.3%
Best 12 months
The strongest one-year stretch on record.
-31.5%
Worst 12 months
The weakest one-year stretch on record.
-32.8%
Worst fall on record ?
It has not fully recovered yet.

What's inside

By sector ?

Government70.9%
Cash/Other20.5%
Energy4.5%
Financials1.6%
Materials1.2%
Utilities0.6%
Industrials0.4%
Corporate0.3%

The 10 biggest holdings make up 2.5% of the fund — the rest is spread across roughly 210 more companies.

Top 10 holdings

#CompanyWeight
9EAGLE FUNDING LUXCO SARL0.4%
11UKRAINE (REPUBLIC OF) C BONDS0.3%
29REPUBLIC OF HUNGARY0.3%
37GHANA (REPUBLIC OF)0.2%
45JAMAICA (GOVERNMENT OF)0.2%
51HUNGARY GOVERNMENT INTERNATIONAL B0.2%
83COSTA RICA0.2%
95OMAN SULTANATE OF GOVERNMENT0.2%
100BRAZIL 40.2%
129LATVIA (REPUBLIC OF)0.2%

Where to buy this fund

Set from your language & location — change it if it's wrong.

Where it trades

ExchangeTickerCurrency
FrankfurtXUEEEUR★ Primary
EUR listings
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For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

Full holdings

As of 2026-07-17 · the fund's own published holdings.

#CompanyWeight
9EAGLE FUNDING LUXCO SARL0.4%
11UKRAINE (REPUBLIC OF) C BONDS0.3%
29REPUBLIC OF HUNGARY0.3%
37GHANA (REPUBLIC OF)0.2%
45JAMAICA (GOVERNMENT OF)0.2%
51HUNGARY GOVERNMENT INTERNATIONAL B0.2%
83COSTA RICA0.2%
95OMAN SULTANATE OF GOVERNMENT0.2%
100BRAZIL 40.2%
129LATVIA (REPUBLIC OF)0.2%
164BULGARIA (REPUBLIC OF)0.2%
165URUGUAY (ORIENTAL REPUBLIC OF)0.2%
168COLOMBIA GOVERNMENT INTERNATIONAL0.2%
193CHINA GOVERNMENT INTERNATIONAL BO0.2%
198EL SALVADOR REPUBLIC0.2%
232COLOMBIA REPUBLIC OF (GOVERNMENT)0.1%
235COTE D IVOIRE (REPUBLIC OF)0.1%
243VENEZUELA (BOLIVARIAN REPUBLIC OF)0.1%
246PETRONAS CAPITAL LTD0.1%
249HUNGARY (GOVERNMENT)0.1%
253PANAMA0.1%
255MAGYAR EXPORT IMPORT BANK ZRT0.1%
275PHILIPPINES0.1%
278AZERBAIJAN (REPUBLIC OF)0.1%
279PETROLEOS DEL PERU - PETROPERU SA0.1%
303KAZAKHSTAN (REPUBLIC OF)0.1%
304URUGUAY (REPUBLIC OF)0.1%
311ETHIOPIA FEDERAL DEMOCRATIC REPUB0.1%
316DO NOT USE !!!EL SALVADOR REPUBLIC0.1%
317STATE OIL CO OF THE AZERBAIJAN REP0.1%
332MFB MAGYAR FEJLESZTESI BANK ZRT0.1%
341OMAN SULTANATE OF (GOVERNMENT)0.1%
344CHINA LIFE INSURANCE OVERSEAS CO L0.1%
355CHINA DEVELOPMENT BANK0.1%
365THE PAK.GLOBAL .SUKUK PROG.CO.LTD.0.1%
367COSTA RICA REPUBLIC OF (GOVERNMEN0.1%
371ROP SUKUK TRUST0.1%
373PHILIPPINE GOVERNMENT BOND0.1%
374BANK GOSPODARSTWA KRAJOWEGO0.1%
377ZAMBIA (REPUBLIC OF)0.1%
382HAZINE MUSTESARLIGI VARLIK KIRALAM0.1%
387PETRONAS ENERGY CANADA LTD0.1%
398POLAND (REPUBLIC OF)0.1%
400ARGENTINA REPUBLIC OF GOVERNMENT0.1%
405PARAGUAY (REPUBLIC OF)0.1%
420SRI LANKA (DEMOCRATIC SOCIALIST RE0.1%
427COMISION EJECUTIVA HIDROELECTRICA0.1%
431REPUBLIC OF ARGENTINA0.1%
432OMAN SOVEREIGN SUKUK SAOC0.1%
441BAHRAIN KINGDOM OF (GOVERNMENT)0.1%
450TRANSNET SOC LTD0.1%
452VENEZUELA BOLIVARIAN REPUBLIC OF0.1%
453ANGOLA (REPUBLIC OF)0.1%
460KYRGYZSTAN (REPUBLIC OF)0.1%
461HAZINE MUSTESARL0.1%
470INDONESIA ASAHAN ALUMINIUM PERSERO0.1%
472PAKISTAN (ISLAMIC REPUBLIC OF)0.1%
480MAZOON ASSETS COMPANY SAOC0.1%
489BAPCO ENERGIES SUKUK LTD0.1%
499PAKISTAN WATER AND POWER DEVELOPME0.1%
500NATIONAL POWER COMPANY UKRENERGO P0.1%
501BENIN SUKUK SA0.1%
512TURKEY REPUBLIC OF (GOVERNMENT)0.1%
517BRAZIL FEDERATIVE REPUBLIC OF (GOV0.1%
518BRAZIL (FEDERATIVE REPUBLIC OF)0.1%
525ABU DHABI CRUDE OIL PIPELINE LLC0.1%
526PANAMA (REPUBLIC OF)0.1%
527BANCO NACIONAL DE PANAMA0.1%
535NC QAZAQGAZ JSC0.1%
544NIGERIA (FEDERAL REPUBLIC OF)0.1%
545COLOMBIA (REPUBLIC OF)0.1%
547HUNGARY (REPUBLIC OF)0.1%
548DP WORLD LTD0.1%
550ROMANIA (REPUBLIC OF)0.1%
557REPUBLICA ORIENT URUGUAY0.1%
559GUATEMALA (REPUBLIC OF)0.1%
566EGYPTIAN FINANCIAL COMPANY FOR SOV0.1%
567MVM ENERGETIKA ZRT0.1%
572CONGO (DEMOCRATIC REPUBLIC OF THE)0.1%
574EDO SUKUK LTD0.1%
579SERBIA (REPUBLIC OF)0.1%
582ESKOM HOLDINGS SOC LTD0.1%
585NOGAHOLDING SUKUK LTD0.1%
590KENYA (REPUBLIC OF)0.1%
595JORDAN (HASHEMITE KINGDOM OF)0.1%
603OQ0.1%
604HONDURAS REPUBLIC OF0.1%
608PERUSAHAAN PENERBIT SBSN INDONESIA0.1%
612SAUDI ARABIA KINGDOM OF (GOVERNMEN0.1%
614KSA IJARAH SUKUK LTD0.1%
618NK KAZAKHSTAN TEMIR ZHOLY AO0.1%
621MOROCCO (KINGDOM OF)0.1%
626MOROCCO KINGDOM OF (GOVERNMENT)0.1%
634SAUDI INTERNATIONAL BOND0.1%
640ARMENIA (REPUBLIC OF)0.1%
642EMPRESA DE LOS FERROCARRILES DEL E0.1%
644JAMAICA (GOVERNMENT)0.1%
650SOUTH AFRICA (REPUBLIC OF)0.1%
653EL SALVADOR REPUBLIC OF (GOVERNMEN0.1%
656DO NOT USE!!!!POLAND (REPUBLIC OF)0.1%
657SURINAME (REPUBLIC OF)0.1%
659DOMINICAN REPUBLIC (GOVERNMENT)0.1%
666CHILE (REPUBLIC OF)0.1%
668TRINIDAD GENERATION UNLIMITED0.1%
669EL SALVADOR (REPUBLIC OF)0.1%
672ELDIK BANK OAO0.1%
673BENIN ( REPUBLIC OF)0.1%
683NAVOI MINING AND METALLURGICAL COM0.1%
687NAVOIYSKIY GORNO-METALLURGICHESKIY0.1%
688EXPORT-IMPORT BANK OF INDIA0.1%
691HERITAGE PETROLEUM COMPANY LTD0.1%
693GEORGIA (REPUBLIC OF)0.1%
695URUGUAY ORIENTAL REPUBLIC OF (GOV0.1%
698SENEGAL (REPUBLIC OF)0.1%
705KHAZANAH GLOBAL SUKUK BHD0.1%
706KHAZANAH CAPITAL LTD0.1%
708MDGH GMTN BV0.0%
711PETROLEOS DE VENEZUELA SA0.0%
715TRINIDAD AND TOBAGO (REPUBLIC OF)0.0%
719UKRAINE REPUBLIC OF (GOVERNMENT)0.0%
722BANCO DEL ESTADO DE CHILE0.0%
723PARAGUAY REPUBLIC OF (GOVERNMENT)0.0%
724TURKIYE VARLIK FONU YONETIMI AS0.0%
725PANAMA REPUBLIC OF (GOVERNMENT)0.0%
726DEVELOPMENT BANK OF MONGOLIA0.0%
730TURKIYE CUMHURIYETI ZIRAAT BANKASI0.0%
731TURKEY (REPUBLIC OF)0.0%
737INDONESIA REPUBLIC OF (GOVERNMENT)0.0%
738BAPCO ENERGIES BSCC0.0%
743VAKIF KATILIM SUKUK LTD0.0%
747MAZOON ASSET COMPANY SAOC0.0%
749TVF VARLIK KIRALAMA AS0.0%
754DEVELOPMENT BANK OF KAZAKHSTAN JSC0.0%
757MONGOLIA (GOVERNMENT OF)0.0%
759GUATEMALA REPUBLIC OF (GOVERNMENT)0.0%
761CAIXA ECONOMICA FEDERAL0.0%
762COMISION FEDERAL DE ELECTRICIDAD C0.0%
763MDGH SUKUK LTD0.0%
765PERTAMINA HULU ENERGI PT0.0%
767STATE GRID OVERSEAS INVESTMENT 2010.0%
771INSTITUTO COSTARRICENSE DE ELECTRI0.0%
772DIANJIAN HAIYU LTD0.0%
773TURKIYE VARLIK FONU0.0%
775CNAC HK FINBRIDGE CO LTD0.0%
782BANCO NACIONAL DE COMERCIO EXTERIO0.0%
790CHINALCO CAPITAL HOLDINGS LTD0.0%
792GACI FIRST INVESTMENT CO0.0%
796ADNOC MURBAN SUKUK LTD0.0%
799SUCI SECOND INVESTMENT COMPANY0.0%
801MUMTALAKAT SUKUK HOLDING CO0.0%
802ADNOC MURBAN RSC LTD0.0%
803BAITEREK NATIONAL MANAGING HOLDING0.0%
806EGYPT ARAB REPUBLIC OF (GOVERNMEN0.0%
810UAE INTL GOVT BOND0.0%
811TURKIYE IHRACAT KREDI BANKASI AS0.0%
812CBB INTERNATIONAL SUKUK PROGRAMME0.0%
814MEXICO CITY AIRPORT TRUST0.0%
816PERTAMINA (PERSERO) PT0.0%
818SRC SUKUK LTD0.0%
819BOLIVIA PLURINATIONAL STATE OF0.0%
820RONGSHI INTERNATIONAL FINANCE LTD0.0%
822DUBAI AEROSPACE ENTERPRISE (DAE) L0.0%
823UZBEKNEFTEGAZ AO0.0%
824MEXICO (UNITED MEXICAN STATES)0.0%
825CHINA DEVELOPMENT BANK CORP0.0%
826GABON REPUBLIC OF (GOVERNMENT)0.0%
831COSTA RICA (REPUBLIC OF)0.0%
833EGYPT (ARAB REPUBLIC OF)0.0%
837ABU DHABI (EMIRATE OF)0.0%
838GEORGIAN RAILWAY JSC0.0%
840DP WORLD CRESCENT LTD0.0%
841CORP NACIONAL DEL COBRE DE CHILE0.0%
842CHINA HUANENG GROUP (HONG KONG) TR0.0%
844SUNNY EXPRESS ENTERPRISES CORP0.0%
849MAMOURA DIVERSIFIED GLOBAL HOLDING0.0%
852PERUSAHAAN LISTRIK NEGARA (PERSERO0.0%
853SHARJAH SUKUK PROGRAMME LTD0.0%
855UZBEKISTAN (REPUBLIC OF)0.0%
859ABU DHABI DEVELOPMENTAL HOLDING CO0.0%
860MDGH GMTN RSC LTD0.0%
862THREE GORGES FINANCE I (CAYMAN ISL0.0%
863BLOSSOM JOY LIMITED0.0%
865COMISION FEDERAL DE ELECTRICIDAD0.0%
867MALAYSIA SOVEREIGN SUKUK BHD0.0%
869SINOCHEM OFFSHORE CAPITAL CO LTD0.0%
870PERUSAHAAN LISTRIK NEGARA PT0.0%
871PERU (REPUBLIC OF)0.0%
872KSA SUKUK LTD0.0%
873UNITED ARAB EMIRATES (GOVERNMENT O0.0%
874STATE GRID OVERSEAS INVESTMENT (200.0%
878EXPORT-IMPORT BANK OF CHINA0.0%
880VENEZUELA REPUBLIC OF (GOVERNMENT)0.0%
882AEROPUERTO INTERNACIONAL DE TOCUME0.0%
884BAHRAIN (KINGDOM OF)0.0%
885EMPRESA NACIONAL DEL PETROLEO ENAP0.0%
889PHILIPPINES (REPUBLIC OF)0.0%
890VENEZUELA (BOLVARIAN REPUBLIC OF)0.0%
891EMPRESA DE TRANSMISION ELECTRICA S0.0%
892PERTAMINA PERSERO PT0.0%
893REPUBLIC OF LEBANON0.0%
896MEXICO (UNITED MEXICAN STATES) (GO0.0%
897PERUSAHAAN PENERBIT SURAT BERHARGA0.0%
898SINOPEC GROUP OVERSEAS DEVELOPMENT0.0%
899DUBAI (EMIRATE OF)0.0%
900SHARJAH EMIRATE OF0.0%
901CHINA PEOPLES REPUBLIC OF (GOVERNM0.0%
902EMPRESA DE TRANSPORTE DE PASAJEROS0.0%
903FINANCE DEPARTMENT GOVERNMENT OF S0.0%
904SAUDI ARABIA (KINGDOM OF)0.0%
905CORPORACION NACIONAL DEL COBRE DE0.0%
906INDONESIA (REPUBLIC OF)0.0%
909SINOCHEM OVERSEAS CAPITAL CO LTD0.0%
910CODELCO INC0.0%
911LEBANON REPUBLIC OF (GOVERNMENT)0.0%
913LEBANON (REPUBLIC OF)0.0%
914US DOLLAR0.0%
915EURO CURRENCY0.0%
916PETROLEOS MEXICANOS0.0%
917ECUADOR REPUBLIC OF (GOVERNMENT)0.0%
918VNESHECONOMBANK(VEB FIN)0.0%

⭳ Download full holdings (CSV)

How it ranks vs peers

🪙 Cheaper than 48% of similar ETFs💰 All-in cost cheaper than 67%📈 Higher 1-yr return than 17%📈 Higher 3-yr return than 14%📊 Behind its category by 2.9% (1-yr) (category average +4.9%)📊 Behind its category by 3.2% (3-yr) (category average +3.5%)

Versus the Bonds · Emerging Markets · EUR ETFs we track.

Advanced risk

0.05
Sortino (3y) ?
0.03
Calmar (3y) ?
4.9%
Downside deviation ?
50%
Up months (hit rate) ?
€11.15
52-week high ?
€10.46
52-week low ?

Concentration depth

~572 ?
Effective number of holdings

Roughly 918 companies are held, but the largest names carry most of the weight — so it behaves like ~572 equal-sized positions.

Similar funds

We found 6 funds that do much the same job as this one. To pick them we matched this fund's asset class and region, then show how close each match is below.

Matched on🌍 Emerging Markets bonds
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Index trackedJ.P. Morgan Emerging Markets Bond Index Global Diversified 1Bn Country
Yearly fee (TER)0.40%0.50%0.50%0.50%0.45%0.45%0.50%
All-in cost0.40%0.50%0.00%0.00%0.00%0.00%0.50%
Fund size€0€9.5B€8.7B€8B€7B€7B€4.7B
DomicileLUIrelandIrelandIrelandIrelandIrelandIreland
ReplicationPhysical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)Physical (full)
3-yr return p.a.+0.3%+6.9%+5.2%+7.7%+11.4%+10.1%-1.0%
5-yr return p.a.-1.5%-2.1%-0.3%+3.2%+2.0%-3.1%
# holdings918624624624624624357

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Data as of 2026-07-17 · Source: issuer data, compiled by Finance Hamster

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