DBEM vs. DBAW ETF Comparison

Comparison of db-X trackers MSCI Emerging Markets Hedged Equity Fund (DBEM) to db X-trackers MSCI All World ex US Hedged Equity Fund (DBAW)

DBEM

db-X trackers MSCI Emerging Markets Hedged Equity Fund

DBEM Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI EM US Dollar Hedged Index (the "underlying index"). The fund will normally invest at least 80% of its net assets in the equity securities of issuers from emerging markets countries and in instruments designed to hedge against the fund's exposure to non-U.S. currencies. The index is designed to provide exposure to equity securities in the global emerging markets, while at the same time mitigating exposure to fluctuations between the value of the U.S. dollar and selected emerging market currencies. It is non-diversified.

Grade (RS Rating)

Last Trade

$25.39

Average Daily Volume

9,264

Number of Holdings ^*

* 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

$34.37

Average Daily Volume

12,784

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DBEM	DBAW
30 Days	-2.65%	-1.17%
60 Days	0.12%	0.94%
90 Days	0.86%	1.58%
12 Months	14.73%	18.22%

46 Overlapping Holdings

Symbol	Grade	Weight in DBEM	Weight in DBAW	Overlap
ABEV	F	0.11%	0.03%	0.03%
ASAI	F	0.09%	0.02%	0.02%
ATHM	D	0.03%	0.01%	0.01%
BABA	D	2.06%	0.59%	0.59%
BAP	B	0.15%	0.04%	0.04%
BCH	F	0.07%	0.02%	0.02%
BEKE	D	0.16%	0.04%	0.04%
BGNE	D	0.13%	0.03%	0.03%
BIDU	F	0.29%	0.09%	0.09%
BILI	D	0.05%	0.01%	0.01%
BRFS	D	0.03%	0.01%	0.01%
BVN	F	0.03%	0.01%	0.01%
BZ	F	0.04%	0.01%	0.01%
CHT	D	0.17%	0.05%	0.05%
CSAN	F	0.03%	0.01%	0.01%
ERJ	B	0.08%	0.02%	0.02%
GGB	C	0.06%	0.02%	0.02%
HDB	C	1.03%	0.29%	0.29%
HTHT	D	0.08%	0.03%	0.03%
IBN	C	0.94%	0.26%	0.26%
IQ	F	0.01%	0.0%	0.0%
KB	B	0.3%	0.09%	0.09%
KEP	B	0.05%	0.02%	0.02%
LEGN	F	0.03%	0.01%	0.01%
LI	F	0.17%	0.05%	0.05%
LPL	F	0.02%	0.01%	0.01%
NIO	F	0.08%	0.02%	0.02%
NU	C	0.5%	0.14%	0.14%
PAGS	F	0.02%	0.0%	0.0%
PDD	F	0.96%	0.27%	0.27%
QFIN	B	0.04%	0.01%	0.01%
SBSW	D	0.04%	0.01%	0.01%
SCCO	F	0.11%	0.03%	0.03%
SHG	D	0.2%	0.06%	0.06%
SKM	D	0.03%	0.0%	0.0%
STNE	F	0.03%	0.01%	0.01%
TAL	F	0.06%	0.01%	0.01%
TCOM	B	0.4%	0.11%	0.11%
TME	D	0.11%	0.03%	0.03%
UMC	F	0.19%	0.06%	0.06%
VALE	F	0.4%	0.11%	0.11%
VIPS	F	0.06%	0.02%	0.02%
WIT	A	0.11%	0.03%	0.03%
XP	F	0.07%	0.02%	0.02%
XPEV	C	0.1%	0.03%	0.03%
YUMC	C	0.23%	0.07%	0.07%

DBEM Overweight 0 Positions Relative to DBAW

	Symbol	Grade	Weight

DBEM Underweight 40 Positions Relative to DBAW

Symbol	Grade	Weight
NVS	D	-0.71%
TM	D	-0.62%
HSBH	B	-0.58%
UL	D	-0.5%
MUFG	B	-0.46%
SHOP	B	-0.46%
SONY	B	-0.41%
TD	F	-0.34%
SMFG	B	-0.31%
ABBV	D	-0.31%
DEO	F	-0.23%
MFG	B	-0.21%
CNI	D	-0.2%
BCS	C	-0.17%
LYG	F	-0.15%
HMC	F	-0.14%
SE	B	-0.13%
E	F	-0.12%
STLA	F	-0.1%
GOLD	D	-0.1%
AER	B	-0.07%
RBA	A	-0.06%
TEVA	D	-0.06%
NMR	B	-0.06%
CYBR	B	-0.05%
CHKP	D	-0.05%
XRX	F	-0.05%
CCEP	C	-0.05%
LOGI	D	-0.04%
OTEX	D	-0.03%
WIX	B	-0.03%
GRAB	B	-0.03%
QGEN	D	-0.03%
MNDY	C	-0.03%
FUTU	D	-0.02%
AGCO	D	-0.02%
WFG	D	-0.02%
DOOO	F	-0.01%
MBAVU	D	-0.01%
GLBE	B	-0.01%