EMIH’s underlying index also has a modified duration of just 0.01 years and a yield to worst of 3.8%. Approximately 30 countries are represented in the ETF, including several frontier markets. Nearly 52% of EMIH’s index members are rated BBB+, BBB or BBB-.
EMIH charges 0.5% per year while IGIH has annual fees of 0.25%. HYIH’s annual expense ratio is 0.45%.
Although Deutsche AWM is known primarily for its currency hedged and A-shares ETFs, the issuer has five target-date ETFs trading in the U.S. as well as the Deutsche X-Trackers Municipal Infrastructure Revenue Bond Fund (NYSEArca: RVNU) and the DeutscheX-trackers Solactive Investment Grade Subordinated Debt Fund (NYSEArca: SUBD), which provides exposure to the dollar-denominated investment-grade subordinated corporate bond market.
Deutsche AWM’s ETF business in the Americas had $7.8 billion in assets under management as of Feb. 15, an 82% increase from the end of 2015, according to the statement. That growth has been led in large part by the Deutsche X-trackers MSCI EAFE Hedged Equity ETF (NYSEArca: DBEF) and the Deutsche X-Trackers MSCI Europe Hedged Equity ETF (NYSEArca: DBEU), two of the fastest-growing U.S.-listed ETFs dating back to 2014. [A Rush to Europe ETFs]