DBAW vs. GMF ETF Comparison

Comparison of db X-trackers MSCI All World ex US Hedged Equity Fund (DBAW) to SPDR S&P Emerging Asia Pacific ETF (GMF)

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

$34.01

Average Daily Volume

9,925

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GMF

SPDR S&P Emerging Asia Pacific ETF

GMF Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of an index. The fund employs a sampling strategy in seeking to track the performance of the S&P Asia Pacific Emerging BMI Index. It generally invests at least 80% of its total assets in the securities comprising the index or in ADRs or GDRs based on securities comprising the index. The index is a market capitalization weighted index designed to define and measure the investable universe of publicly traded companies domiciled in emerging Asian Pacific markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$112.26

Average Daily Volume

15,558

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DBAW	GMF
30 Days	6.55%	10.98%
60 Days	4.17%	7.60%
90 Days	8.55%	11.01%
12 Months	19.16%	17.79%

26 Overlapping Holdings

Symbol	Grade	Weight in DBAW	Weight in GMF	Overlap
ATHM	B	0.01%	0.03%	0.01%
BABA	B	0.63%	2.22%	0.63%
BEKE	B	0.04%	0.16%	0.04%
BGNE	C	0.03%	0.15%	0.03%
BIDU	C	0.12%	0.48%	0.12%
BILI	C	0.01%	0.06%	0.01%
BZ	B	0.02%	0.08%	0.02%
CHT	D	0.06%	0.21%	0.06%
HDB	D	0.18%	1.44%	0.18%
IBN	C	0.25%	1.17%	0.25%
IBN	C	0.25%	0.0%	0.0%
IQ	C	0.01%	0.03%	0.01%
LEGN	F	0.02%	0.06%	0.02%
LI	F	0.06%	0.21%	0.06%
NIO	D	0.03%	0.11%	0.03%
PDD	B	0.3%	1.41%	0.3%
QFIN	B	0.01%	0.02%	0.01%
TAL	B	0.02%	0.1%	0.02%
TCOM	A	0.11%	0.41%	0.11%
TME	B	0.05%	0.05%	0.05%
UMC	C	0.06%	0.39%	0.06%
VIPS	D	0.02%	0.1%	0.02%
WIT	D	0.02%	0.27%	0.02%
XPEV	F	0.01%	0.07%	0.01%
YUMC	F	0.06%	0.27%	0.06%
ZTO	C	0.03%	0.2%	0.03%

DBAW Overweight 57 Positions Relative to GMF

Symbol	Grade	Weight
TM	D	0.85%
NVS	B	0.77%
UL	A	0.49%
MUFG	C	0.42%
SONY	F	0.38%
TD	F	0.37%
ABBV	D	0.32%
DEO	D	0.29%
SMFG	C	0.28%
SHOP	F	0.26%
CNI	D	0.25%
HMC	D	0.19%
MFG	C	0.18%
STLA	D	0.18%
LYG	A	0.16%
VALE	C	0.16%
BCS	A	0.15%
FLUT	C	0.14%
E	B	0.13%
GOLD	B	0.11%
SE	C	0.09%
KB	A	0.08%
AER	A	0.07%
NMR	D	0.06%
TEVA	A	0.06%
CHKP	D	0.05%
LOGI	D	0.05%
RBA	C	0.05%
SHG	B	0.05%
CCEP	A	0.05%
ABEV	F	0.04%
XRX	D	0.04%
BAP	C	0.04%
OTEX	F	0.03%
ASAI	F	0.03%
HTHT	B	0.03%
QGEN	B	0.03%
SCCO	A	0.03%
CYBR	D	0.03%
GGB	C	0.02%
BCH	A	0.02%
AGCO	D	0.02%
WIX	D	0.02%
MNDY	F	0.02%
GRAB	C	0.02%
DOOO	C	0.01%
LPL	D	0.01%
CSAN	F	0.01%
SKM	C	0.01%
GLBE	F	0.01%
SBSW	D	0.01%
BVN	B	0.01%
FUTU	C	0.01%
WFG	D	0.01%
KEP	D	0.01%
YNDX	C	0.0%
KT	D	0.0%

DBAW Underweight 32 Positions Relative to GMF

Symbol	Grade	Weight
TSM	B	-8.17%
INFY	F	-0.91%
MMYT	B	-0.21%
YMM	C	-0.07%
SIMO	B	-0.06%
RLX	C	-0.03%
YY	C	-0.03%
HIMX	C	-0.03%
MNSO	B	-0.03%
JKS	D	-0.02%
MOMO	C	-0.02%
DQ	F	-0.02%
FANH	F	-0.01%
HUYA	B	-0.01%
DAO	D	-0.01%
NOAH	B	-0.01%
WB	C	-0.01%
GDS	D	-0.01%
SOHU	B	-0.01%
TIGR	C	-0.01%
GOTU	B	-0.01%
DADA	F	-0.0%
IMAB	D	-0.0%
API	B	-0.0%
NIU	D	-0.0%
LX	C	-0.0%
CAN	F	-0.0%
TUYA	B	-0.0%
YI	F	-0.0%
VNET	C	-0.0%
BTBT	F	-0.0%
QD	F	-0.0%

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