DBAW vs. IMFL ETF Comparison

Comparison of db X-trackers MSCI All World ex US Hedged Equity Fund (DBAW) to Invesco International Developed Dynamic Multifactor ETF (IMFL)

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

IMFL

Invesco International Developed Dynamic Multifactor ETF

IMFL Description

The investment seeks to track the investment results (before fees and expenses) of the FTSE Developed ex US Invesco Dynamic Multifactor Index. The fund generally will invest at least 80% of its total assets in the securities that comprise the index. The index is designed to utilize factor configurations that, in the view of the index Provider, have historically outperformed other factors in certain stages of the economic cycle. It is non-diversified.

Grade (RS Rating)

Last Trade

$25.87

Average Daily Volume

32,904

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DBAW	IMFL
30 Days	3.85%	-0.62%
60 Days	4.63%	3.73%
90 Days	4.70%	4.40%
12 Months	23.36%	13.90%

14 Overlapping Holdings

Symbol	Grade	Weight in DBAW	Weight in IMFL	Overlap
ABBV	B	0.32%	1.33%	0.32%
CNI	D	0.22%	0.41%	0.22%
DEO	C	0.27%	0.08%	0.08%
HMC	D	0.18%	0.31%	0.18%
KB	D	0.09%	0.08%	0.08%
LOGI	D	0.05%	0.08%	0.05%
MUFG	D	0.41%	0.05%	0.05%
NVS	C	0.82%	5.36%	0.82%
SHG	C	0.06%	0.1%	0.06%
SMFG	D	0.28%	0.04%	0.04%
SONY	C	0.41%	0.06%	0.06%
STLA	F	0.11%	0.21%	0.11%
TM	D	0.67%	1.3%	0.67%
UL	B	0.58%	0.66%	0.58%

DBAW Overweight 72 Positions Relative to IMFL

Symbol	Grade	Weight
BABA	B	0.6%
TD	C	0.4%
SHOP	C	0.34%
HDB	C	0.31%
IBN	C	0.3%
PDD	D	0.25%
LYG	B	0.17%
MFG	D	0.17%
BCS	B	0.16%
NU	C	0.15%
VALE	C	0.13%
GOLD	C	0.13%
E	D	0.13%
SE	B	0.11%
TCOM	B	0.1%
BIDU	C	0.09%
TEVA	D	0.07%
AER	C	0.07%
UMC	B	0.07%
CHT	B	0.06%
NMR	F	0.06%
CCEP	C	0.06%
CHKP	B	0.06%
LI	D	0.05%
YUMC	C	0.05%
XRX	D	0.05%
RBA	D	0.05%
MNDY	C	0.04%
BGNE	B	0.04%
ABEV	C	0.04%
CYBR	B	0.04%
BAP	B	0.04%
GRAB	B	0.03%
NIO	C	0.03%
ASAI	F	0.03%
TME	D	0.03%
WIT	C	0.03%
WIX	C	0.03%
OTEX	D	0.03%
SCCO	C	0.03%
BEKE	B	0.03%
QGEN	C	0.03%
LEGN	F	0.02%
VIPS	C	0.02%
GGB	C	0.02%
KEP	D	0.02%
MBAVU	D	0.02%
XPEV	C	0.02%
BCH	B	0.02%
WFG	B	0.02%
ERJ	C	0.02%
XP	D	0.02%
AGCO	D	0.02%
HTHT	C	0.02%
PAGS	F	0.01%
SKM	B	0.01%
ATHM	B	0.01%
DOOO	F	0.01%
QFIN	A	0.01%
CSAN	D	0.01%
STNE	F	0.01%
SBSW	D	0.01%
BVN	D	0.01%
TAL	D	0.01%
LPL	D	0.01%
BRFS	C	0.01%
BZ	C	0.01%
FUTU	A	0.01%
BILI	A	0.01%
GLBE	C	0.01%
IQ	D	0.0%
KT	B	0.0%

DBAW Underweight 1 Positions Relative to IMFL

	Symbol	Grade	Weight
	WCN	D	-0.33%