DBAW vs. GXUS ETF Comparison

Comparison of db X-trackers MSCI All World ex US Hedged Equity Fund (DBAW) to Goldman Sachs MarketBeta Total International Equity ETF (GXUS)

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

$34.22

Average Daily Volume

12,941

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GXUS

Goldman Sachs MarketBeta Total International Equity ETF

GXUS Description

GXUS is a passively managed fund that offers broad-based, vanilla exposure to the global ex-US equity space. The fund holds large- and mid-cap stocks, representing 85% of the free-float market capitalization of developed and emerging markets, excluding the US. Constituents are selected and weighted based on their market capitalization. The funds adviser employs tax management strategies such as in-kind redemptions and tax lot selection, to generally minimize taxable capital gain distributions. The index reconstitutes on a semi-annual basis in May and November. Since the objective of the fund is to track an index, buy and sell decisions do not take into consideration analysis of economic or market factors. The portfolio may become concentrated at times. However, the funds adviser may over- or underweight positions in the index if considered to be appropriate.

Grade (RS Rating)

Last Trade

$44.60

Average Daily Volume

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DBAW	GXUS
30 Days	-2.23%	-3.63%
60 Days	1.15%	-4.48%
90 Days	1.14%	-3.99%
12 Months	17.70%	10.95%

77 Overlapping Holdings

Symbol	Grade	Weight in DBAW	Weight in GXUS	Overlap
ABBV	F	0.31%	0.33%	0.31%
ABEV	F	0.03%	0.04%	0.03%
AER	A	0.07%	0.07%	0.07%
AGCO	D	0.02%	0.02%	0.02%
ASAI	F	0.02%	0.03%	0.02%
ATHM	C	0.01%	0.01%	0.01%
BABA	D	0.59%	0.67%	0.59%
BCH	C	0.02%	0.02%	0.02%
BCS	A	0.17%	0.18%	0.17%
BEKE	D	0.04%	0.05%	0.04%
BGNE	D	0.03%	0.04%	0.03%
BIDU	F	0.09%	0.09%	0.09%
BILI	D	0.01%	0.02%	0.01%
BRFS	C	0.01%	0.01%	0.01%
BZ	F	0.01%	0.01%	0.01%
CCEP	C	0.05%	0.06%	0.05%
CHKP	C	0.05%	0.06%	0.05%
CHT	C	0.05%	0.05%	0.05%
CNI	F	0.2%	0.23%	0.2%
CSAN	F	0.01%	0.01%	0.01%
CYBR	A	0.05%	0.05%	0.05%
DEO	F	0.23%	0.25%	0.23%
E	F	0.12%	0.12%	0.12%
ERJ	A	0.02%	0.02%	0.02%
FUTU	D	0.02%	0.02%	0.02%
GGB	C	0.02%	0.02%	0.02%
GLBE	B	0.01%	0.01%	0.01%
GOLD	C	0.1%	0.11%	0.1%
GRAB	A	0.03%	0.04%	0.03%
HDB	C	0.29%	0.42%	0.29%
HMC	F	0.14%	0.14%	0.14%
HSBH	B	0.58%	0.61%	0.58%
HTHT	D	0.03%	0.03%	0.03%
IBN	C	0.26%	0.29%	0.26%
IQ	F	0.0%	0.0%	0.0%
KB	B	0.09%	0.09%	0.09%
KEP	B	0.02%	0.02%	0.02%
LI	F	0.05%	0.05%	0.05%
LPL	D	0.01%	0.01%	0.01%
LYG	D	0.15%	0.16%	0.15%
MBAVU	C	0.01%	0.01%	0.01%
MFG	A	0.21%	0.21%	0.21%
MNDY	C	0.03%	0.03%	0.03%
MUFG	B	0.46%	0.49%	0.46%
NIO	F	0.02%	0.02%	0.02%
NMR	B	0.06%	0.07%	0.06%
NU	C	0.14%	0.18%	0.14%
NVS	F	0.71%	0.74%	0.71%
OTEX	F	0.03%	0.03%	0.03%
PAGS	F	0.0%	0.01%	0.0%
PDD	F	0.27%	0.27%	0.27%
QFIN	A	0.01%	0.01%	0.01%
RBA	A	0.06%	0.06%	0.06%
SBSW	D	0.01%	0.01%	0.01%
SE	A	0.13%	0.14%	0.13%
SHG	C	0.06%	0.07%	0.06%
SHOP	B	0.46%	0.47%	0.46%
SKM	C	0.0%	0.01%	0.0%
SMFG	B	0.31%	0.33%	0.31%
SONY	B	0.41%	0.42%	0.41%
STLA	F	0.1%	0.1%	0.1%
STNE	F	0.01%	0.01%	0.01%
TAL	F	0.01%	0.02%	0.01%
TCOM	B	0.11%	0.13%	0.11%
TD	D	0.34%	0.37%	0.34%
TM	F	0.62%	0.71%	0.62%
TME	D	0.03%	0.03%	0.03%
UL	D	0.5%	0.52%	0.5%
UMC	F	0.06%	0.06%	0.06%
VALE	F	0.11%	0.14%	0.11%
VIPS	F	0.02%	0.02%	0.02%
WFG	C	0.02%	0.02%	0.02%
WIT	B	0.03%	0.04%	0.03%
WIX	A	0.03%	0.04%	0.03%
XP	F	0.02%	0.02%	0.02%
XPEV	C	0.03%	0.03%	0.03%
XRX	F	0.05%	0.05%	0.05%

DBAW Overweight 9 Positions Relative to GXUS

Symbol	Grade	Weight
YUMC	C	0.07%
TEVA	C	0.06%
LOGI	D	0.04%
BAP	A	0.04%
SCCO	F	0.03%
QGEN	D	0.03%
DOOO	F	0.01%
BVN	D	0.01%
LEGN	D	0.01%

DBAW Underweight 16 Positions Relative to GXUS

Symbol	Grade	Weight
NXPI	D	-0.21%
WCN	A	-0.17%
ARGX	B	-0.13%
ICLR	D	-0.06%
BNTX	C	-0.04%
MMYT	B	-0.02%
YMM	C	-0.02%
SBLK	F	-0.01%
ATAT	C	-0.01%
KT	A	-0.01%
ZIM	C	-0.01%
GDS	C	-0.01%
TIGO	D	-0.01%
FRO	D	-0.01%
WB	D	-0.0%
CLBT	B	-0.0%