DBAW vs. IVLU ETF Comparison

Comparison of db X-trackers MSCI All World ex US Hedged Equity Fund (DBAW) to iShares MSCI International Developed Value Factor ETF (IVLU)

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

$33.83

Average Daily Volume

9,524

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IVLU

iShares MSCI International Developed Value Factor ETF

IVLU Description

The investment seeks to track the investment results of the MSCI World ex USA Enhanced Value Index. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents as well as in securities not included in the underlying index. The index is based on a traditional market capitalization-weighted parent index, the MSCI World ex USA Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.20

Average Daily Volume

277,524

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DBAW	IVLU
30 Days	4.24%	4.95%
60 Days	4.90%	4.92%
90 Days	8.67%	11.10%
12 Months	18.63%	19.56%

16 Overlapping Holdings

Symbol	Grade	Weight in DBAW	Weight in IVLU	Overlap
AER	B	0.06%	0.34%	0.06%
AGCO	D	0.02%	0.13%	0.02%
BCS	A	0.15%	1.01%	0.15%
CCEP	A	0.05%	0.13%	0.05%
CHKP	D	0.05%	0.14%	0.05%
E	C	0.13%	0.41%	0.13%
HMC	D	0.2%	0.91%	0.2%
LYG	A	0.15%	0.7%	0.15%
MFG	C	0.18%	0.57%	0.18%
MUFG	C	0.41%	1.17%	0.41%
NMR	D	0.06%	0.22%	0.06%
NVS	B	0.75%	2.01%	0.75%
SMFG	C	0.27%	0.82%	0.27%
STLA	D	0.17%	1.49%	0.17%
TEVA	A	0.06%	0.57%	0.06%
TM	D	0.9%	2.42%	0.9%

DBAW Overweight 66 Positions Relative to IVLU

Symbol	Grade	Weight
BABA	C	0.59%
UL	A	0.49%
TD	D	0.37%
SONY	F	0.36%
ABBV	D	0.31%
PDD	B	0.3%
DEO	D	0.29%
SHOP	F	0.28%
CNI	D	0.25%
IBN	C	0.25%
HDB	D	0.18%
VALE	C	0.16%
FLUT	C	0.13%
BIDU	D	0.12%
GOLD	B	0.11%
TCOM	A	0.1%
SE	C	0.09%
KB	B	0.08%
CHT	C	0.06%
UMC	B	0.06%
LI	F	0.06%
LOGI	C	0.05%
RBA	C	0.05%
YUMC	D	0.05%
SHG	B	0.05%
BEKE	B	0.04%
ABEV	F	0.04%
TME	B	0.04%
BAP	C	0.04%
XRX	F	0.04%
NIO	D	0.03%
ZTO	C	0.03%
BGNE	D	0.03%
OTEX	F	0.03%
ASAI	F	0.03%
SCCO	A	0.03%
HTHT	C	0.03%
QGEN	B	0.03%
CYBR	D	0.03%
XPEV	F	0.02%
BZ	A	0.02%
LEGN	F	0.02%
KEP	F	0.02%
TAL	C	0.02%
BCH	A	0.02%
GGB	C	0.02%
VIPS	D	0.02%
MNDY	F	0.02%
WIX	C	0.02%
WIT	D	0.02%
GRAB	B	0.02%
IQ	C	0.01%
QFIN	B	0.01%
ATHM	C	0.01%
DOOO	C	0.01%
LPL	D	0.01%
SKM	C	0.01%
CSAN	F	0.01%
BILI	C	0.01%
GLBE	F	0.01%
SBSW	C	0.01%
FUTU	B	0.01%
BVN	B	0.01%
WFG	D	0.01%
YNDX	C	0.0%
KT	C	0.0%

DBAW Underweight 3 Positions Relative to IVLU

Symbol	Grade	Weight
STM	F	-0.54%
GIB	F	-0.2%
TS	D	-0.04%

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