Xtrackers II J.P. Morgan USD Emerging Markets Bond UCITS ETF 2D
Xtrackers II J.P. Morgan Emerging Markets Bond UCITS ETF (XETRA: XUEM) is an exchange-traded fund listed on XETRA, trading at €10.36 (about ₹1,100 a unit) as of 4 Nov 2026, 7:21 AM ET. It has an expense ratio of 0.25%. Indian residents can buy XUEM through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€10.31
Today's high
€10.37
52 week low
€10.05
52 week high
€10.69
XUEM opened at €10.31, closed previously at €10.39, and has traded between €10.05 and €10.69 over the past 52 weeks.
About
This fund seeks to mirror the performance of the J.P. Morgan Emerging Markets Bond Index Global Diversified 1Bn Country. The index comprises U.S. dollar-denominated fixed and floating-rate debt instruments issued by sovereign states and related governmental entities in developing nations. To be classified as an emerging market, a country must, for three continuous years, exhibit either a Gross National Income (GNI) per capita below a predefined index income level or a national living cost, measured by the Index Purchasing-Power-Parity Ratio, below a specific threshold. A maximum weight of 10% is imposed on any individual country during each rebalancing. Additionally, eligible countries must have at least USD 1 billion in total outstanding debt. For comprehensive details regarding this JPMorgan index and its underlying methodology, please consult their dedicated website.
Key statistics
Expense ratio
0.25%
Assets (AUM)
€380.6M
Holdings
—
NAV
€10.38
Avg. volume
2.14K
1-year price change
-0.94%
5-year price change
-16.57%
Price change excludes dividends.
Top 10 holdings
These 10 are 5.2% of the fund.
Where the money is invested
Sectors
Countries
Similar funds
This is not an investment recommendation
How to buy XUEM from India
Indian residents can buy XUEM units through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers. Read the full guide: how to invest in XUEM from India
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to EUR when you buy.
Search XUEM and buy
Find the fund by its ticker, XUEM, on XETRA, and place your order.
Track holdings and download tax reports
Follow your XUEM position in EUR and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying XUEM from India
Trading and limits
- Trading hours
- 9:00 am – 5:30 pm CET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
FAQs
What is the XUEM price today?
Xtrackers II J.P. Morgan Emerging Markets Bond UCITS ETF (XUEM) last traded at €10.36 on XETRA, as of 4 Nov 2026, 7:21 AM ET. That is ₹1,100 a unit at the 3 Nov 2026 EUR/INR rate.
When does XUEM trade, in Indian time?
XETRA trades 1:30 pm – 10:00 pm IST. The window shifts to 12:30 pm – 9:00 pm IST when Germany is on daylight time. Orders can only execute during that window.
How big is XUEM, and what does it cost to hold?
Xtrackers II J.P. Morgan Emerging Markets Bond UCITS ETF manages about €380.6M. Its expense ratio is 0.25% a year, deducted inside the fund. It launched in 2008.
Is XUEM a UCITS ETF?
Yes. Xtrackers II J.P. Morgan Emerging Markets Bond UCITS ETF is a UCITS fund domiciled in Luxembourg, set up under the European Union's UCITS rules for funds sold across Europe. It is listed on XETRA and trades in EUR.
What are XUEM's largest holdings?
The top three are ARGENTINA REPUBLIC OF GOVERNMENT (0.9%), ECUADOR REPUBLIC OF (GOVERNMENT) (0.6%) and ARGENTINA REPUBLIC OF GOVERNMENT (0.5%). XUEM's 10 largest positions make up 5.2% of the fund.
Is XUEM subject to US estate tax?
No. Because XUEM is domiciled in Luxembourg rather than the US, it is not a US-situs asset, so US estate tax does not apply to it. US-listed ETFs held directly can be taxed at up to 40% above $60,000 when they pass to your family.
Is XUEM accumulating or distributing?
Distributing. It pays dividends out to you in cash, taxed at your slab rate in India.
How are gains on XUEM taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
How has XUEM performed?
XUEM's price is down 0.9% over the past year and down 16.6% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is XUEM different from a US-listed ETF?
XUEM is domiciled in Luxembourg rather than the US, which keeps it outside US estate tax. Capital gains on both are taxed the same way in India.