DBEM vs. NTSE ETF Comparison

Comparison of db-X trackers MSCI Emerging Markets Hedged Equity Fund (DBEM) to WisdomTree Emerging Markets Efficient Core Fund (NTSE)

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

$25.37

Average Daily Volume

9,288

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NTSE

WisdomTree Emerging Markets Efficient Core Fund

NTSE Description

WisdomTree Emerging Markets Efficient Core Fund is an exchange-traded fund incorporated in the US. The Fund is actively managed using a models-based approach. The fund seeks to achieve its investment objective by investing in emerging markets equity securities and U.S. Treasury futures contracts.

Grade (RS Rating)

Last Trade

$29.62

Average Daily Volume

2,667

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DBEM	NTSE
30 Days	-3.59%	-5.52%
60 Days	0.72%	-4.66%
90 Days	0.76%	-4.30%
12 Months	14.62%	10.80%

27 Overlapping Holdings

Symbol	Grade	Weight in DBEM	Weight in NTSE	Overlap
ABEV	F	0.11%	0.21%	0.11%
BABA	D	2.06%	3.25%	2.06%
BCH	C	0.07%	0.13%	0.07%
BGNE	D	0.13%	0.18%	0.13%
BIDU	F	0.29%	0.45%	0.29%
BILI	D	0.05%	0.07%	0.05%
CHT	C	0.17%	0.29%	0.17%
CSAN	F	0.03%	0.05%	0.03%
HTHT	D	0.08%	0.13%	0.08%
IBN	C	0.94%	1.47%	0.94%
IQ	F	0.01%	0.01%	0.01%
KB	B	0.3%	0.46%	0.3%
KEP	B	0.05%	0.08%	0.05%
LI	F	0.17%	0.09%	0.09%
LPL	D	0.02%	0.06%	0.02%
NIO	F	0.08%	0.1%	0.08%
PDD	F	0.96%	0.85%	0.85%
SBSW	D	0.04%	0.04%	0.04%
SHG	C	0.2%	0.29%	0.2%
SKM	C	0.03%	0.07%	0.03%
TCOM	B	0.4%	0.59%	0.4%
TME	D	0.11%	0.09%	0.09%
UMC	F	0.19%	0.34%	0.19%
VALE	F	0.4%	0.83%	0.4%
WIT	B	0.11%	0.17%	0.11%
XPEV	C	0.1%	0.03%	0.03%
YUMC	C	0.23%	0.37%	0.23%

DBEM Overweight 19 Positions Relative to NTSE

Symbol	Grade	Weight
HDB	C	1.03%
NU	C	0.5%
BEKE	D	0.16%
BAP	A	0.15%
SCCO	F	0.11%
ASAI	F	0.09%
ERJ	A	0.08%
XP	F	0.07%
TAL	F	0.06%
GGB	C	0.06%
VIPS	F	0.06%
BZ	F	0.04%
QFIN	A	0.04%
BVN	D	0.03%
ATHM	C	0.03%
STNE	F	0.03%
LEGN	D	0.03%
BRFS	C	0.03%
PAGS	F	0.02%

DBEM Underweight 8 Positions Relative to NTSE

Symbol	Grade	Weight
NTES	D	-0.68%
JD	D	-0.58%
ZTO	F	-0.17%
YY	B	-0.06%
ZLAB	C	-0.05%
GDS	C	-0.05%
DQ	F	-0.03%
WB	D	-0.02%