DBAW vs. AVEM ETF Comparison

Comparison of db X-trackers MSCI All World ex US Hedged Equity Fund (DBAW) to Avantis Emerging Markets Equity ETF (AVEM)

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

$34.96

Average Daily Volume

10,226

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AVEM

Avantis Emerging Markets Equity ETF

AVEM Description

The investment seeks long-term capital appreciation. The fund invests primarily in a diverse group of companies related to emerging markets across market sectors, industry groups and countries. The fund may invest in companies of all market capitalizations. Under normal market conditions, the fund will invest at least 80% of its assets in equity securities of companies related to emerging market countries.

Grade (RS Rating)

Last Trade

$65.50

Average Daily Volume

476,034

Number of Holdings ^*

120

* may have additional holdings in another (foreign) market

Performance

Period	DBAW	AVEM
30 Days	3.85%	6.92%
60 Days	4.63%	8.99%
90 Days	4.70%	7.22%
12 Months	23.36%	27.96%

47 Overlapping Holdings

Symbol	Grade	Weight in DBAW	Weight in AVEM	Overlap
ABEV	C	0.04%	0.06%	0.04%
ASAI	F	0.03%	0.03%	0.03%
ASAI	F	0.03%	0.07%	0.03%
ATHM	B	0.01%	0.07%	0.01%
BABA	B	0.6%	1.54%	0.6%
BAP	B	0.04%	0.17%	0.04%
BCH	B	0.02%	0.05%	0.02%
BEKE	B	0.03%	0.2%	0.03%
BGNE	B	0.04%	0.03%	0.03%
BIDU	C	0.09%	0.05%	0.05%
BILI	A	0.01%	0.0%	0.0%
BRFS	C	0.01%	0.06%	0.01%
BVN	D	0.01%	0.05%	0.01%
BZ	C	0.01%	0.01%	0.01%
CHT	B	0.06%	0.11%	0.06%
CSAN	D	0.01%	0.02%	0.01%
ERJ	C	0.02%	0.22%	0.02%
GGB	C	0.02%	0.13%	0.02%
HDB	C	0.31%	0.44%	0.31%
HTHT	C	0.02%	0.07%	0.02%
IBN	C	0.3%	0.42%	0.3%
IQ	D	0.0%	0.05%	0.0%
KB	D	0.09%	0.38%	0.09%
KEP	D	0.02%	0.04%	0.02%
KT	B	0.0%	0.04%	0.0%
LI	D	0.05%	0.23%	0.05%
LPL	D	0.01%	0.06%	0.01%
NIO	C	0.03%	0.04%	0.03%
NU	C	0.15%	0.05%	0.05%
PAGS	F	0.01%	0.03%	0.01%
PDD	D	0.25%	0.77%	0.25%
QFIN	A	0.01%	0.14%	0.01%
SBSW	D	0.01%	0.07%	0.01%
SCCO	C	0.03%	0.08%	0.03%
SHG	C	0.06%	0.34%	0.06%
SKM	B	0.01%	0.02%	0.01%
STNE	F	0.01%	0.06%	0.01%
TAL	D	0.01%	0.06%	0.01%
TCOM	B	0.1%	0.17%	0.1%
TME	D	0.03%	0.11%	0.03%
UMC	B	0.07%	0.32%	0.07%
VALE	C	0.13%	0.41%	0.13%
VIPS	C	0.02%	0.23%	0.02%
WIT	C	0.03%	0.07%	0.03%
XP	D	0.02%	0.02%	0.02%
XPEV	C	0.02%	0.0%	0.0%
YUMC	C	0.05%	0.26%	0.05%

DBAW Overweight 40 Positions Relative to AVEM

Symbol	Grade	Weight
NVS	C	0.82%
TM	D	0.67%
UL	B	0.58%
MUFG	D	0.41%
SONY	C	0.41%
TD	C	0.4%
SHOP	C	0.34%
ABBV	B	0.32%
SMFG	D	0.28%
DEO	C	0.27%
CNI	D	0.22%
HMC	D	0.18%
LYG	B	0.17%
MFG	D	0.17%
BCS	B	0.16%
GOLD	C	0.13%
E	D	0.13%
STLA	F	0.11%
SE	B	0.11%
TEVA	D	0.07%
AER	C	0.07%
NMR	F	0.06%
CCEP	C	0.06%
CHKP	B	0.06%
LOGI	D	0.05%
XRX	D	0.05%
RBA	D	0.05%
MNDY	C	0.04%
CYBR	B	0.04%
GRAB	B	0.03%
WIX	C	0.03%
OTEX	D	0.03%
QGEN	C	0.03%
LEGN	F	0.02%
MBAVU	D	0.02%
WFG	B	0.02%
AGCO	D	0.02%
DOOO	F	0.01%
FUTU	A	0.01%
GLBE	C	0.01%

DBAW Underweight 73 Positions Relative to AVEM

Symbol	Grade	Weight
TSM	C	-5.58%
INFY	C	-0.72%
NTES	D	-0.61%
PBR	D	-0.39%
ITUB	B	-0.32%
PKX	D	-0.31%
ASX	C	-0.28%
ZTO	B	-0.25%
CPNG	B	-0.21%
GFI	C	-0.19%
RDY	D	-0.16%
HMY	C	-0.15%
FMX	F	-0.14%
BBD	C	-0.12%
TLK	D	-0.12%
PAC	C	-0.1%
SUZ	D	-0.1%
UGP	F	-0.09%
CX	D	-0.09%
SBS	D	-0.09%
OMAB	D	-0.08%
ASR	D	-0.08%
MOMO	B	-0.07%
CAR	D	-0.06%
CIG	B	-0.06%
TKC	D	-0.06%
SQM	D	-0.05%
BSAC	B	-0.05%
SSL	F	-0.05%
FINV	B	-0.05%
SID	D	-0.05%
SGRP	C	-0.04%
DQ	D	-0.04%
EC	F	-0.04%
WB	C	-0.04%
CIB	D	-0.04%
GDS	C	-0.04%
EBR	D	-0.04%
AKO.A	C	-0.03%
YY	C	-0.03%
JD	A	-0.03%
PHI	B	-0.03%
TV	D	-0.03%
BSBR	D	-0.03%
VNET	B	-0.02%
VLRS	D	-0.02%
ELP	D	-0.02%
MNSO	D	-0.02%
LX	B	-0.01%
HUYA	C	-0.01%
IMOS	D	-0.01%
BAK	D	-0.01%
IFS	C	-0.01%
NOAH	C	-0.01%
VIV	C	-0.01%
CCU	D	-0.01%
SOHU	C	-0.01%
ATAT	B	-0.01%
XYF	B	-0.0%
CANG	D	-0.0%
DAO	D	-0.0%
CAAS	D	-0.0%
TUYA	C	-0.0%
NIU	C	-0.0%
SHPH	F	-0.0%
QD	D	-0.0%
API	D	-0.0%
GOTU	F	-0.0%
AZUL	F	-0.0%
TIGR	C	-0.0%
PAX	F	-0.0%
PDSB	D	-0.0%
GRIN	A	-0.0%