DBAW vs. VEA ETF Comparison

Comparison of db X-trackers MSCI All World ex US Hedged Equity Fund (DBAW) to Vanguard FTSE Developed Markets ETF (VEA)

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 ^*

86

* may have additional holdings in another (foreign) market

VEA

Vanguard FTSE Developed Markets ETF

VEA Description

The investment seeks to provide a tax-efficient investment return consisting of long-term capital appreciation. The fund purchases stocks included in the FTSE Developed ex North America Index, which includes approximately 1,385 common stocks of companies located in developed countries of Europe, Australia, Asia, and the Far East. It uses statistical methods to "sample" the index, aiming to closely track its investment performance while limiting investments in Index securities that have undesirable tax characteristics in an attempt to minimize taxable income distributions.

Grade (RS Rating)

Last Trade

$49.28

Average Daily Volume

8,930,359

Number of Holdings ^*

61

* may have additional holdings in another (foreign) market

Performance

Period	DBAW	VEA
30 Days	-2.23%	-3.33%
60 Days	1.15%	-5.14%
90 Days	1.14%	-5.61%
12 Months	17.70%	11.43%

33 Overlapping Holdings

	Symbol	Grade	Weight in DBAW	Weight in VEA	Overlap
	ABBV	F	0.31%	0.38%	0.31%
	AGCO	D	0.02%	0.02%	0.02%
	BCS	A	0.17%	0.19%	0.17%
	CNI	F	0.2%	0.26%	0.2%
	DEO	F	0.23%	0.3%	0.23%
	DOOO	F	0.01%	0.01%	0.01%
	E	F	0.12%	0.15%	0.12%
	GOLD	C	0.1%	0.15%	0.1%
	HMC	F	0.14%	0.21%	0.14%
	HSBH	B	0.58%	0.73%	0.58%
	KB	B	0.09%	0.09%	0.09%
	KEP	B	0.02%	0.02%	0.02%
	LOGI	D	0.04%	0.05%	0.04%
	LPL	D	0.01%	0.01%	0.01%
	LYG	D	0.15%	0.18%	0.15%
	MBAVU	C	0.01%	0.02%	0.01%
	MFG	A	0.21%	0.23%	0.21%
	MUFG	B	0.46%	0.52%	0.46%
	NMR	B	0.06%	0.06%	0.06%
	NVS	F	0.71%	0.96%	0.71%
	OTEX	F	0.03%	0.03%	0.03%
	QGEN	D	0.03%	0.04%	0.03%
	RBA	A	0.06%	0.07%	0.06%
	SHG	C	0.06%	0.08%	0.06%
	SHOP	B	0.46%	0.41%	0.41%
	SMFG	B	0.31%	0.34%	0.31%
	SONY	B	0.41%	0.46%	0.41%
	STLA	F	0.1%	0.12%	0.1%
	TD	D	0.34%	0.42%	0.34%
	TM	F	0.62%	0.88%	0.62%
	UL	D	0.5%	0.65%	0.5%
	WFG	C	0.02%	0.03%	0.02%
	XRX	F	0.05%	0.06%	0.05%

DBAW Overweight 53 Positions Relative to VEA

	Symbol	Grade	Weight
	BABA	D	0.59%
	HDB	C	0.29%
	PDD	F	0.27%
	IBN	C	0.26%
	NU	C	0.14%
	SE	A	0.13%
	VALE	F	0.11%
	TCOM	B	0.11%
	BIDU	F	0.09%
	AER	A	0.07%
	YUMC	C	0.07%
	UMC	F	0.06%
	TEVA	C	0.06%
	CYBR	A	0.05%
	LI	F	0.05%
	CHT	C	0.05%
	CHKP	C	0.05%
	CCEP	C	0.05%
	BEKE	D	0.04%
	BAP	A	0.04%
	WIT	B	0.03%
	XPEV	C	0.03%
	HTHT	D	0.03%
	TME	D	0.03%
	SCCO	F	0.03%
	WIX	A	0.03%
	GRAB	A	0.03%
	BGNE	D	0.03%
	MNDY	C	0.03%
	ABEV	F	0.03%
	FUTU	D	0.02%
	GGB	C	0.02%
	VIPS	F	0.02%
	BCH	C	0.02%
	XP	F	0.02%
	NIO	F	0.02%
	ERJ	A	0.02%
	ASAI	F	0.02%
	ATHM	C	0.01%
	CSAN	F	0.01%
	STNE	F	0.01%
	BVN	D	0.01%
	SBSW	D	0.01%
	BRFS	C	0.01%
	QFIN	A	0.01%
	LEGN	D	0.01%
	TAL	F	0.01%
	BZ	F	0.01%
	BILI	D	0.01%
	GLBE	B	0.01%
	IQ	F	0.0%
	PAGS	F	0.0%
	SKM	C	0.0%

DBAW Underweight 28 Positions Relative to VEA

	Symbol	Grade	Weight
	WCN	A	-0.2%
	FLUT	A	-0.18%
	SW	A	-0.11%
	PRMW	C	-0.02%
	AEI	D	-0.02%
	GOGL	F	-0.01%
	LSPD	C	-0.01%
	FRO	D	-0.01%
	TAC	A	-0.01%
	LIF	C	-0.01%
	GEN	B	-0.0%
	CALX	D	-0.0%
	CTS	C	-0.0%
	SLDB	F	-0.0%
	VGR	B	-0.0%
	GCBC	C	-0.0%
	AUDC	D	-0.0%
	VMAR	F	-0.0%
	CHGX	A	-0.0%
	RENB	F	-0.0%
	IONR	D	-0.0%
	SSBI	D	-0.0%
	MNTX	B	-0.0%
	FLNG	C	-0.0%
	ELBM	D	-0.0%
	TRMD	F	-0.0%
	PIXY	F	-0.0%
	SPNS	F	-0.0%

DBAW: Top Represented Industries & Keywords

Industries: Auto Manufacturers Internet Content & Information Software - Application Banks - Regional - Asia Banks - Global Capital Markets Specialty Retail Banks - Regional - Latin America Biotechnology Consumer Electronics Drug Manufacturers - Major Gold Industrial Metals & Minerals Information Technology Services Software - Infrastructure Telecom Services Aerospace & Defense Airports & Air Services Banks - Diversified Banks - Regional - Europe

Keywords: Bank Banking Investment Banking Financial Products Investment Banking Services Investment Product Transport Asset Management Cars Cash Management Commercial Banking E-Commerce Investment Bank Mining Nasdaq 100 Securitization Structured Finance Advertising Services Asset Management Services Corporate Banking

VEA: Top Represented Industries & Keywords

Industries: Software - Application Banks - Global Auto Manufacturers Banks - Regional - Asia Shipping & Ports Communication Equipment Consumer Electronics Drug Manufacturers - Major Other Industrial Metals & Mining Banks - Regional - Europe Banks - Regional - US Beverages - Soft Drinks Beverages - Wineries & Distilleries Biotechnology Business Services Capital Markets Computer Systems Diagnostics & Research Diversified Industrials Drug Manufacturers - Specialty & Generic

Keywords: Bank Banking Financial Products Investment Banking Investment Banking Services Asset Management Commercial Banking Corporate Banking Fax Insurance Products Investment Bank Natural Gas Structured Finance Systems Integrator Advisory Services Asset Management Services Biotechnology Cars Cash Management Services Electricity