Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF
EMIH
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- IPO Date
- Mar 3, 2015
- CIK
- 0001503123
- Similar Companies
- Business
- Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF (EMIH) is an exchange-traded fund that seeks to track the performance of the J.P. Morgan ESG DM Corporate High Yield USD Index prior to fees and expenses. The fund provides exposure to USD-denominated high yield corporate bonds issued by developed market issuers, incorporating environmental, social, and governance (ESG) criteria through issuer tilting toward higher ESG scores, green bond overweighting, and exclusions for lower-ranked issuers; it includes fixed-rate, floating-rate, hybrid, step-up, PIK, toggle, amortizing, perpetual, Sukuk bonds, and others meeting minimum liquidity thresholds of USD 500 million outstanding, 3% issuer weight caps, BB+ or lower credit ratings from S&P, Moody's, or Fitch, and Sustainalytics/RepRisk blended ESG scoring. EMIH employs a physical replication strategy via sampling of index constituents, with a total expense ratio of 0.20%, quarterly distributions, and is listed on U.S. exchanges for institutional and retail fixed income investors targeting ESG-screened high yield credit. Launched on March 3, 2015, and managed by DWS Investments under the Xtrackers brand—a platform originating from Deutsche Bank's ETF offerings in 2007 and now part of DWS Group (founded 1956)—the ETF is domiciled in Ireland with administrative operations linked to DWS entities in Luxembourg and headquarters presence at 875 Third Avenue, New York. The fund operates globally, focusing on developed market corporate issuers across regions including the U.S. and Europe, with net assets around USD 6.5 million and holdings diversified to mitigate concentration risk. Xtrackers (IE) plc serves as the issuer, regulated in Ireland at 78 Sir John Rogerson's Quay, Dublin. In recent developments, Xtrackers announced modifications to ESG exclusion criteria for select ETFs effective January 5, 2026, removing certain restrictions on nuclear and conventional weapons while retaining exclusions for MSCI 'CCC' ratings, UN Global Compact non-compliance, tobacco, thermal coal, unconventional oil/gas, and coal expansion per Urgewald lists—though EMIH-specific impacts remain unconfirmed, reflecting broader portfolio sustainability adjustments. The DWS Group, overseeing Xtrackers, has pursued product innovation amid robust 2025 ETF inflows, with no direct acquisitions or funding rounds tied to EMIH but ongoing enhancements in ESG indexing via J.P. Morgan collaborations. These changes align with strategic shifts toward refined ESG screening amid market growth, maintaining EMIH's core high yield objectives and risk profile unchanged.