DIEM

DIEM is a passive emerging-markets equity ETF built to deliver a higher dividend yield than a broad emerging-markets benchmark, without straying too far from it.

It starts with the large- and mid-cap “top 85%” of emerging markets by float-adjusted market cap, then uses an optimizer to tilt weights toward higher trailing 12-month dividend yield while constraining sector/country/stock deviations and turnover.

The index is reconstituted quarterly, aiming for a “dividend tilt” with controlled tracking error (how different returns can be versus the parent benchmark).