DBAW vs. DBEF ETF Comparison

Comparison of db X-trackers MSCI All World ex US Hedged Equity Fund (DBAW) to db-X trackers MSCI EAFE Hedged Equity Fund (DBEF)

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

$33.62

Average Daily Volume

9,400

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DBEF

db-X trackers MSCI EAFE Hedged Equity Fund

DBEF Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI EAFE US Dollar Hedged Index (the "underlying index"). The index is designed to provide exposure to equity securities in developed international stock markets, 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 invests at least 80% of its net assets in equity securities of issuers from Europe, Australia and the Far East and in instruments designed to hedge the fund's exposure to non-U.S. currencies. It is non-diversified.

Grade (RS Rating)

Last Trade

$41.59

Average Daily Volume

667,927

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DBAW	DBEF
30 Days	3.96%	3.59%
60 Days	4.44%	4.39%
90 Days	9.51%	9.25%
12 Months	19.15%	20.44%

31 Overlapping Holdings

Symbol	Grade	Weight in DBAW	Weight in DBEF	Overlap
ABBV	D	0.31%	0.46%	0.31%
AER	B	0.06%	0.1%	0.06%
AGCO	D	0.02%	0.04%	0.02%
BCS	A	0.15%	0.23%	0.15%
CCEP	A	0.05%	0.09%	0.05%
CHKP	D	0.05%	0.08%	0.05%
CYBR	D	0.03%	0.05%	0.03%
DEO	D	0.29%	0.44%	0.29%
E	C	0.13%	0.2%	0.13%
FLUT	C	0.13%	0.2%	0.13%
FUTU	B	0.01%	0.02%	0.01%
GLBE	F	0.01%	0.02%	0.01%
GRAB	B	0.02%	0.04%	0.02%
HMC	D	0.2%	0.29%	0.2%
LOGI	C	0.05%	0.08%	0.05%
LYG	A	0.15%	0.24%	0.15%
MFG	C	0.18%	0.26%	0.18%
MNDY	F	0.02%	0.03%	0.02%
MUFG	C	0.41%	0.63%	0.41%
NMR	D	0.06%	0.1%	0.06%
NVS	B	0.75%	1.16%	0.75%
QGEN	B	0.03%	0.05%	0.03%
SE	C	0.09%	0.14%	0.09%
SMFG	C	0.27%	0.41%	0.27%
SONY	F	0.36%	0.55%	0.36%
STLA	D	0.17%	0.27%	0.17%
TEVA	A	0.06%	0.1%	0.06%
TM	D	0.9%	1.38%	0.9%
UL	A	0.49%	0.75%	0.49%
WIX	D	0.02%	0.04%	0.02%
XRX	F	0.04%	0.07%	0.04%

DBAW Overweight 51 Positions Relative to DBEF

Symbol	Grade	Weight
BABA	B	0.59%
TD	D	0.37%
PDD	B	0.3%
SHOP	F	0.28%
CNI	D	0.25%
IBN	C	0.25%
HDB	D	0.18%
VALE	C	0.16%
BIDU	C	0.12%
GOLD	B	0.11%
TCOM	A	0.1%
KB	A	0.08%
CHT	C	0.06%
UMC	C	0.06%
LI	F	0.06%
RBA	C	0.05%
YUMC	F	0.05%
SHG	B	0.05%
BEKE	B	0.04%
ABEV	F	0.04%
TME	A	0.04%
BAP	B	0.04%
NIO	D	0.03%
ZTO	C	0.03%
BGNE	C	0.03%
OTEX	F	0.03%
ASAI	F	0.03%
SCCO	A	0.03%
HTHT	B	0.03%
XPEV	F	0.02%
BZ	B	0.02%
LEGN	F	0.02%
KEP	F	0.02%
TAL	B	0.02%
BCH	A	0.02%
GGB	C	0.02%
VIPS	C	0.02%
WIT	D	0.02%
IQ	B	0.01%
QFIN	B	0.01%
ATHM	B	0.01%
DOOO	C	0.01%
LPL	D	0.01%
SKM	C	0.01%
CSAN	F	0.01%
BILI	B	0.01%
SBSW	D	0.01%
BVN	C	0.01%
WFG	D	0.01%
YNDX	C	0.0%
KT	D	0.0%

DBAW Underweight 0 Positions Relative to DBEF

	Symbol	Grade	Weight

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

DBEF: Top Represented Industries & Keywords

Industries: Auto Manufacturers Banks - Global Software - Application Capital Markets Drug Manufacturers - Major Airports & Air Services Banks - Regional - Asia Banks - Regional - Europe Beverages - Soft Drinks Beverages - Wineries & Distilleries Computer Systems Consumer Electronics Diagnostics & Research Drug Manufacturers - Specialty & Generic Electronic Gaming & Multimedia Farm & Construction Equipment Gambling Household & Personal Products Information Technology Services Internet Content & Information