DBAW vs. ACWX ETF Comparison

Comparison of db X-trackers MSCI All World ex US Hedged Equity Fund (DBAW) to iShares MSCI ACWI ex US Index Fund (ACWX)

DBAW

db X-trackers MSCI All World ex US Hedged Equity Fund

DBAW Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI ACWI ex USA US Dollar Hedged Index. The fund, using a "passive" or indexing investment approach, attempts to approximate the investment performance of the underlying index. The underlying index is designed to provide exposure to equity securities in developed and emerging stock markets (excluding the United States), while at the same time mitigating exposure to fluctuations between the value of the U.S. dollar and selected non-U.S. currencies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.99

Average Daily Volume

9,862

Number of Holdings ^*

82

* may have additional holdings in another (foreign) market

ACWX

iShares MSCI ACWI ex US Index Fund

ACWX Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI All Country World Index ex USA (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities of the underlying index. The underlying index is a free float-adjusted market capitalization-weighted index designed to measure the combined equity market performance of developed and emerging markets countries, excluding the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$55.11

Average Daily Volume

1,080,634

Number of Holdings ^*

74

* may have additional holdings in another (foreign) market

Performance

Period	DBAW	ACWX
30 Days	6.41%	7.64%
60 Days	5.58%	4.34%
90 Days	8.51%	7.57%
12 Months	19.03%	14.95%

68 Overlapping Holdings

	Symbol	Grade	Weight in DBAW	Weight in ACWX	Overlap
	ABBV	D	0.31%	0.31%	0.31%
	AER	B	0.06%	0.07%	0.06%
	AGCO	F	0.02%	0.03%	0.02%
	ATHM	C	0.01%	0.01%	0.01%
	BABA	C	0.59%	0.61%	0.59%
	BAP	D	0.04%	0.04%	0.04%
	BCS	A	0.15%	0.15%	0.15%
	BEKE	C	0.04%	0.04%	0.04%
	BGNE	D	0.03%	0.03%	0.03%
	BIDU	D	0.12%	0.12%	0.12%
	BILI	C	0.01%	0.01%	0.01%
	BVN	B	0.01%	0.01%	0.01%
	BZ	B	0.02%	0.02%	0.02%
	CCEP	B	0.05%	0.06%	0.05%
	CHKP	D	0.05%	0.06%	0.05%
	CHT	B	0.06%	0.06%	0.06%
	CNI	D	0.25%	0.26%	0.25%
	CYBR	D	0.03%	0.04%	0.03%
	DEO	F	0.29%	0.29%	0.29%
	DOOO	D	0.01%	0.01%	0.01%
	E	B	0.13%	0.14%	0.13%
	FUTU	B	0.01%	0.02%	0.01%
	GLBE	F	0.01%	0.01%	0.01%
	GOLD	C	0.11%	0.11%	0.11%
	GRAB	C	0.02%	0.02%	0.02%
	HDB	F	0.18%	0.19%	0.18%
	HMC	F	0.2%	0.2%	0.2%
	HTHT	C	0.03%	0.03%	0.03%
	IBN	B	0.25%	0.27%	0.25%
	IQ	C	0.01%	0.01%	0.01%
	KB	B	0.08%	0.08%	0.08%
	KEP	D	0.02%	0.01%	0.01%
	KT	D	0.0%	0.01%	0.0%
	LEGN	F	0.02%	0.01%	0.01%
	LI	F	0.06%	0.06%	0.06%
	LOGI	C	0.05%	0.05%	0.05%
	LPL	F	0.01%	0.01%	0.01%
	LYG	A	0.15%	0.17%	0.15%
	MFG	C	0.18%	0.18%	0.18%
	MNDY	C	0.02%	0.02%	0.02%
	MUFG	D	0.41%	0.43%	0.41%
	NIO	D	0.03%	0.03%	0.03%
	NMR	D	0.06%	0.07%	0.06%
	NVS	B	0.75%	0.77%	0.75%
	PDD	B	0.3%	0.31%	0.3%
	QFIN	B	0.01%	0.01%	0.01%
	SBSW	C	0.01%	0.01%	0.01%
	SCCO	A	0.03%	0.04%	0.03%
	SE	B	0.09%	0.09%	0.09%
	SHG	C	0.05%	0.06%	0.05%
	SKM	C	0.01%	0.01%	0.01%
	SMFG	A	0.27%	0.28%	0.27%
	SONY	F	0.36%	0.39%	0.36%
	STLA	D	0.17%	0.18%	0.17%
	TAL	C	0.02%	0.02%	0.02%
	TCOM	B	0.1%	0.11%	0.1%
	TEVA	C	0.06%	0.06%	0.06%
	TM	D	0.9%	0.94%	0.9%
	TME	B	0.04%	0.04%	0.04%
	UL	A	0.49%	0.5%	0.49%
	UMC	C	0.06%	0.07%	0.06%
	VIPS	D	0.02%	0.02%	0.02%
	WIT	D	0.02%	0.03%	0.02%
	WIX	C	0.02%	0.03%	0.02%
	XPEV	D	0.02%	0.02%	0.02%
	XRX	F	0.04%	0.05%	0.04%
	YUMC	D	0.05%	0.06%	0.05%
	ZTO	C	0.03%	0.03%	0.03%

DBAW Overweight 14 Positions Relative to ACWX

	Symbol	Grade	Weight
	TD	F	0.37%
	SHOP	F	0.28%
	VALE	C	0.16%
	FLUT	C	0.13%
	RBA	C	0.05%
	ABEV	D	0.04%
	OTEX	F	0.03%
	ASAI	D	0.03%
	QGEN	B	0.03%
	BCH	B	0.02%
	GGB	C	0.02%
	CSAN	F	0.01%
	WFG	D	0.01%
	YNDX	C	0.0%

DBAW Underweight 6 Positions Relative to ACWX

	Symbol	Grade	Weight
	NVO	B	-1.58%
	STM	F	-0.11%
	GIB	D	-0.08%
	AU	A	-0.04%
	TS	D	-0.03%
	MNSO	C	-0.01%

DBAW: Top Represented Industries & Keywords

Industries: Internet Content & Information Auto Manufacturers Banks - Regional - Asia Software - Application Banks - Global Specialty Retail Telecom Services Banks - Regional - Latin America Biotechnology Capital Markets Consumer Electronics Drug Manufacturers - Major Gold Industrial Metals & Minerals Information Technology Services Airports & Air Services Banks - Regional - Europe Beverages - Brewers Beverages - Soft Drinks Beverages - Wineries & Distilleries

Keywords: Bank Investment Banking Banking Financial Products Investment Banking Services Transport Advertising Services Asset Management Cars Cash Management Commercial Banking Investment Bank Investment Product Mining Nasdaq 100 Securitization Structured Finance Telecommunications Asset Management Services Corporate Banking

ACWX: Top Represented Industries & Keywords

Industries: Auto Manufacturers Internet Content & Information Banks - Regional - Asia Specialty Retail Banks - Global Biotechnology Gold Information Technology Services Software - Application Telecom Services Capital Markets Consumer Electronics Drug Manufacturers - Major Semiconductors Airports & Air Services Banks - Regional - Europe Banks - Regional - Latin America Beverages - Soft Drinks Beverages - Wineries & Distilleries Computer Systems

Keywords: Bank Banking Investment Banking Investment Banking Services Transport Financial Products Telecommunications Asset Management Cars Investment Bank Nasdaq 100 Structured Finance Advertising Services Cash Management Commercial Banking Corporate Banking Information And Communications Technology Investment Product Mining Securitization