DBAW vs. IQDF ETF Comparison

Comparison of db X-trackers MSCI All World ex US Hedged Equity Fund (DBAW) to FlexShares International Quality Dividend Index Fund (IQDF)

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

$34.37

Average Daily Volume

12,784

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IQDF

FlexShares International Quality Dividend Index Fund

IQDF Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust International Quality Dividend IndexSM. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in its underlying index. The underlying index is designed to provide exposure to a high-quality, income-oriented portfolio of international equity securities issued by non-U.S.-based companies, with an emphasis on long-term capital growth and a targeted overall volatility.

Grade (RS Rating)

Last Trade

$24.50

Average Daily Volume

40,220

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DBAW	IQDF
30 Days	-1.17%	-3.56%
60 Days	0.94%	-4.31%
90 Days	1.58%	-4.47%
12 Months	18.22%	15.13%

12 Overlapping Holdings

Symbol	Grade	Weight in DBAW	Weight in IQDF	Overlap
AGCO	D	0.02%	0.21%	0.02%
BABA	D	0.59%	0.3%	0.3%
BCS	C	0.17%	0.48%	0.17%
CNI	D	0.2%	0.03%	0.03%
HSBH	B	0.58%	0.54%	0.54%
MUFG	B	0.46%	0.54%	0.46%
NVS	D	0.71%	1.89%	0.71%
SMFG	B	0.31%	0.4%	0.31%
STLA	F	0.1%	0.27%	0.1%
UL	D	0.5%	0.08%	0.08%
UMC	F	0.06%	0.23%	0.06%
VALE	F	0.11%	0.2%	0.11%

DBAW Overweight 74 Positions Relative to IQDF

Symbol	Grade	Weight
TM	D	0.62%
SHOP	B	0.46%
SONY	B	0.41%
TD	F	0.34%
ABBV	D	0.31%
HDB	C	0.29%
PDD	F	0.27%
IBN	C	0.26%
DEO	F	0.23%
MFG	B	0.21%
LYG	F	0.15%
HMC	F	0.14%
NU	C	0.14%
SE	B	0.13%
E	F	0.12%
TCOM	B	0.11%
GOLD	D	0.1%
KB	B	0.09%
BIDU	F	0.09%
AER	B	0.07%
YUMC	C	0.07%
RBA	A	0.06%
SHG	D	0.06%
TEVA	D	0.06%
NMR	B	0.06%
CYBR	B	0.05%
LI	F	0.05%
CHT	D	0.05%
CHKP	D	0.05%
XRX	F	0.05%
CCEP	C	0.05%
LOGI	D	0.04%
BEKE	D	0.04%
BAP	B	0.04%
OTEX	D	0.03%
WIT	A	0.03%
XPEV	C	0.03%
HTHT	D	0.03%
TME	D	0.03%
SCCO	F	0.03%
WIX	B	0.03%
GRAB	B	0.03%
BGNE	D	0.03%
QGEN	D	0.03%
MNDY	C	0.03%
ABEV	F	0.03%
KEP	B	0.02%
FUTU	D	0.02%
GGB	C	0.02%
VIPS	F	0.02%
BCH	F	0.02%
XP	F	0.02%
WFG	D	0.02%
NIO	F	0.02%
ERJ	B	0.02%
ASAI	F	0.02%
DOOO	F	0.01%
ATHM	D	0.01%
CSAN	F	0.01%
STNE	F	0.01%
LPL	F	0.01%
BVN	F	0.01%
SBSW	D	0.01%
BRFS	D	0.01%
QFIN	B	0.01%
LEGN	F	0.01%
TAL	F	0.01%
BZ	F	0.01%
MBAVU	D	0.01%
BILI	D	0.01%
GLBE	B	0.01%
IQ	F	0.0%
PAGS	F	0.0%
SKM	D	0.0%

DBAW Underweight 0 Positions Relative to IQDF

	Symbol	Grade	Weight