DBAW vs. VEU ETF Comparison

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

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

$33.48

Average Daily Volume

23,096

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VEU

Vanguard FTSE All World Ex US ETF

VEU Description

The investment seeks to track the performance of a benchmark index that measures the investment return of stocks of companies located in developed and emerging markets outside of the United States. The fund employs an indexing investment approach designed to track the performance of the FTSE All-World ex US Index, a free-float-adjusted, market-capitalization-weighted index designed to measure equity market performance of international markets. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$58.86

Average Daily Volume

1,925,607

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DBAW	VEU
30 Days	0.04%	-0.89%
60 Days	2.94%	2.91%
90 Days	2.91%	1.09%
12 Months	18.87%	13.64%

31 Overlapping Holdings

Symbol	Grade	Weight in DBAW	Weight in VEU	Overlap
ABBV	B	0.34%	0.29%	0.29%
BABA	F	0.53%	0.58%	0.53%
BCS	C	0.15%	0.15%	0.15%
BIDU	F	0.1%	0.09%	0.09%
CNI	D	0.24%	0.25%	0.24%
DEO	F	0.27%	0.26%	0.26%
E	D	0.12%	0.12%	0.12%
FLUT	C	0.12%	0.12%	0.12%
GOLD	C	0.11%	0.07%	0.07%
HDB	B	0.2%	0.36%	0.2%
HMC	D	0.17%	0.19%	0.17%
IBN	A	0.26%	0.11%	0.11%
KB	B	0.08%	0.04%	0.04%
LOGI	B	0.05%	0.05%	0.05%
LYG	B	0.17%	0.16%	0.16%
MFG	C	0.16%	0.18%	0.16%
MUFG	C	0.4%	0.41%	0.4%
NMR	C	0.06%	0.06%	0.06%
NVS	A	0.77%	0.75%	0.75%
PDD	C	0.32%	0.32%	0.32%
SHOP	C	0.29%	0.24%	0.24%
SMFG	B	0.28%	0.29%	0.28%
SONY	D	0.36%	0.35%	0.35%
STLA	F	0.16%	0.17%	0.16%
TCOM	D	0.1%	0.09%	0.09%
TD	F	0.36%	0.35%	0.35%
TM	D	0.75%	0.91%	0.75%
UL	A	0.52%	0.47%	0.47%
VALE	F	0.14%	0.13%	0.13%
XRX	F	0.04%	0.05%	0.04%
YUMC	F	0.05%	0.05%	0.05%

DBAW Overweight 52 Positions Relative to VEU

Symbol	Grade	Weight
SE	B	0.11%
AER	A	0.07%
TEVA	B	0.07%
UMC	B	0.07%
CHT	C	0.06%
CHKP	B	0.05%
RBA	B	0.05%
SHG	B	0.05%
CCEP	A	0.05%
CYBR	B	0.04%
BEKE	D	0.04%
BAP	C	0.04%
TME	B	0.04%
LI	F	0.04%
WIT	B	0.03%
ASAI	F	0.03%
HTHT	F	0.03%
OTEX	D	0.03%
WIX	C	0.03%
BGNE	D	0.03%
MNDY	C	0.03%
ZTO	D	0.03%
QGEN	D	0.03%
SCCO	C	0.03%
ABEV	F	0.03%
GGB	D	0.02%
WFG	D	0.02%
VIPS	F	0.02%
BCH	D	0.02%
BZ	D	0.02%
NIO	F	0.02%
AGCO	F	0.02%
GRAB	C	0.02%
QFIN	B	0.01%
ATHM	B	0.01%
DOOO	D	0.01%
CSAN	D	0.01%
BRFS	A	0.01%
LPL	C	0.01%
SKM	C	0.01%
SBSW	F	0.01%
GLBE	C	0.01%
BILI	B	0.01%
FUTU	C	0.01%
BVN	C	0.01%
XPEV	F	0.01%
LEGN	D	0.01%
TAL	D	0.01%
KEP	F	0.01%
YNDX	C	0.0%
KT	B	0.0%
IQ	F	0.0%

DBAW Underweight 4 Positions Relative to VEU

Symbol	Grade	Weight
WCN	A	-0.15%
TSM	B	-0.11%
INFY	B	-0.1%
ITUB	D	-0.06%

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

VEU: Top Represented Industries & Keywords

Industries: Banks - Global Banks - Regional - Asia Auto Manufacturers Drug Manufacturers - Major Information Technology Services Specialty Retail Banks - Regional - Europe Banks - Regional - Latin America Beverages - Wineries & Distilleries Capital Markets Computer Systems Consumer Electronics Gambling Gold Household & Personal Products Industrial Metals & Minerals Internet Content & Information Leisure Oil & Gas Integrated Railroads