DBEF vs. DBAW ETF Comparison

Comparison of db-X trackers MSCI EAFE Hedged Equity Fund (DBEF) to db X-trackers MSCI All World ex US Hedged Equity Fund (DBAW)

DBEF

db-X trackers MSCI EAFE Hedged Equity Fund

DBEF Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI EAFE US Dollar Hedged Index (the "underlying index"). The index is designed to provide exposure to equity securities in developed international stock markets, 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 invests at least 80% of its net assets in equity securities of issuers from Europe, Australia and the Far East and in instruments designed to hedge the fund's exposure to non-U.S. currencies. It is non-diversified.

Grade (RS Rating)

Last Trade

$41.69

Average Daily Volume

474,654

Number of Holdings ^*

32

* may have additional holdings in another (foreign) market

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

$34.31

Average Daily Volume

12,941

Number of Holdings ^*

86

* may have additional holdings in another (foreign) market

Performance

Period	DBEF	DBAW
30 Days	-1.12%	-2.23%
60 Days	0.19%	1.15%
90 Days	-0.29%	1.14%
12 Months	16.13%	17.70%

32 Overlapping Holdings

	Symbol	Grade	Weight in DBEF	Weight in DBAW	Overlap
	ABBV	F	0.52%	0.31%	0.31%
	AER	A	0.11%	0.07%	0.07%
	AGCO	D	0.03%	0.02%	0.02%
	BCS	A	0.28%	0.17%	0.17%
	CCEP	C	0.09%	0.05%	0.05%
	CHKP	C	0.09%	0.05%	0.05%
	CYBR	A	0.07%	0.05%	0.05%
	DEO	F	0.38%	0.23%	0.23%
	E	F	0.2%	0.12%	0.12%
	FUTU	D	0.03%	0.02%	0.02%
	GLBE	B	0.02%	0.01%	0.01%
	GRAB	A	0.06%	0.03%	0.03%
	HMC	F	0.23%	0.14%	0.14%
	HSBH	B	0.97%	0.58%	0.58%
	LOGI	D	0.07%	0.04%	0.04%
	LYG	D	0.26%	0.15%	0.15%
	MBAVU	C	0.02%	0.01%	0.01%
	MFG	A	0.34%	0.21%	0.21%
	MNDY	C	0.06%	0.03%	0.03%
	MUFG	B	0.76%	0.46%	0.46%
	NMR	B	0.1%	0.06%	0.06%
	NVS	F	1.18%	0.71%	0.71%
	QGEN	D	0.05%	0.03%	0.03%
	SE	A	0.22%	0.13%	0.13%
	SMFG	B	0.52%	0.31%	0.31%
	SONY	B	0.68%	0.41%	0.41%
	STLA	F	0.16%	0.1%	0.1%
	TEVA	C	0.11%	0.06%	0.06%
	TM	F	1.05%	0.62%	0.62%
	UL	D	0.83%	0.5%	0.5%
	WIX	A	0.05%	0.03%	0.03%
	XRX	F	0.1%	0.05%	0.05%

DBEF Overweight 0 Positions Relative to DBAW

	Symbol	Grade	Weight

DBEF Underweight 54 Positions Relative to DBAW

	Symbol	Grade	Weight
	BABA	D	-0.59%
	SHOP	B	-0.46%
	TD	D	-0.34%
	HDB	C	-0.29%
	PDD	F	-0.27%
	IBN	C	-0.26%
	CNI	F	-0.2%
	NU	C	-0.14%
	VALE	F	-0.11%
	TCOM	B	-0.11%
	GOLD	C	-0.1%
	KB	B	-0.09%
	BIDU	F	-0.09%
	YUMC	C	-0.07%
	UMC	F	-0.06%
	RBA	A	-0.06%
	SHG	C	-0.06%
	LI	F	-0.05%
	CHT	C	-0.05%
	BEKE	D	-0.04%
	BAP	A	-0.04%
	OTEX	F	-0.03%
	WIT	B	-0.03%
	XPEV	C	-0.03%
	HTHT	D	-0.03%
	TME	D	-0.03%
	SCCO	F	-0.03%
	BGNE	D	-0.03%
	ABEV	F	-0.03%
	KEP	B	-0.02%
	GGB	C	-0.02%
	VIPS	F	-0.02%
	BCH	C	-0.02%
	XP	F	-0.02%
	WFG	C	-0.02%
	NIO	F	-0.02%
	ERJ	A	-0.02%
	ASAI	F	-0.02%
	DOOO	F	-0.01%
	ATHM	C	-0.01%
	CSAN	F	-0.01%
	STNE	F	-0.01%
	LPL	D	-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%
	IQ	F	-0.0%
	PAGS	F	-0.0%
	SKM	C	-0.0%

DBEF: Top Represented Industries & Keywords

Industries: Auto Manufacturers Banks - Global Software - Application Capital Markets Drug Manufacturers - Major Airports & Air Services Banks - Regional - Asia Banks - Regional - Europe Beverages - Soft Drinks Beverages - Wineries & Distilleries Computer Systems Consumer Electronics Diagnostics & Research Drug Manufacturers - Specialty & Generic Electronic Gaming & Multimedia Farm & Construction Equipment Household & Personal Products Information Technology Services Internet Content & Information Internet Retail

Keywords: Asset Management Bank Banking Financial Products Investment Banking Investment Banking Services Advisory Services Cars Cash Management Services Corporate Banking Insurance Products Investment Bank Investment Product Pharmaceutical Structured Finance Transport Wealth Management Services Active Pharmaceutical Ingredients Alcohol Asset And Liability Management

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