HDAW vs. FNDE ETF Comparison

Comparison of Deutsche X-trackers MSCI All World ex US High Dividend Yield Hedged Equity ETF (HDAW) to Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE)

HDAW

Deutsche X-trackers MSCI All World ex US High Dividend Yield Hedged Equity ETF

HDAW Description

The investment seeks investment results that correspond generally to the performance of the MSCI ACWI ex US High Dividend Yield US Dollar Hedged Index. The fund will invest at least 80% of its total assets (but typically far more) in component securities of the underlying index. The underlying index is designed to reflect the performance of equities (excluding REITs) in its parent index, the MSCI ACWI ex US Index, with higher dividend income and quality characteristics than average dividend yields of equities in the parent index, where such higher dividend income and quality characteristics are both sustainable and persistent. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.36

Average Daily Volume

2,316

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FNDE

Schwab Fundamental Emerging Markets Large Company Index ETF

FNDE Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental Emerging Markets Large Company Index. The index selects, ranks, and weights securities by fundamental measures of company size - adjusted sales, retained operating cash flow, and dividends plus buybacks - rather than market capitalization. Under normal circumstances, the fund will invest at least 80% of its net assets in stocks included in the index, including depositary receipts representing securities of the index. It may invest up to 20% of its net assets in securities not included in the index.

Grade (RS Rating)

Last Trade

$32.63

Average Daily Volume

525,554

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HDAW	FNDE
30 Days	3.93%	7.94%
60 Days	0.14%	11.63%
90 Days	6.00%	10.35%
12 Months	12.16%	30.64%

5 Overlapping Holdings

Symbol	Grade	Weight in HDAW	Weight in FNDE	Overlap
ABEV	C	0.22%	0.23%	0.22%
CHT	B	0.29%	0.28%	0.28%
GGB	C	0.11%	0.26%	0.11%
UMC	B	0.38%	0.44%	0.38%
VALE	C	0.83%	1.78%	0.83%

HDAW Overweight 11 Positions Relative to FNDE

Symbol	Grade	Weight
NVS	C	4.65%
UL	B	3.06%
STLA	F	0.95%
HDEF	B	0.44%
SCCO	C	0.2%
AGCO	D	0.14%
DEM	B	0.13%
QFIN	A	0.05%
ATHM	B	0.04%
SKM	B	0.04%
KT	B	0.02%

HDAW Underweight 13 Positions Relative to FNDE

Symbol	Grade	Weight
BABA	B	-2.48%
BIDU	C	-0.35%
HDB	C	-0.32%
JD	A	-0.26%
SBSW	D	-0.26%
IBN	C	-0.24%
YUMC	C	-0.22%
VIPS	C	-0.2%
WIT	C	-0.14%
BCH	B	-0.11%
PDD	D	-0.04%
ZTO	B	-0.03%
BEKE	B	-0.02%