HDEF vs. ABEQ ETF Comparison

Comparison of Deutsche X-trackers MSCI EAFE High Dividend Yield Hedged Equity ETF (HDEF) to Absolute Core Strategy ETF (ABEQ)

HDEF

Deutsche X-trackers MSCI EAFE High Dividend Yield Hedged Equity ETF

HDEF Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI EAFE 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 in its parent index, the MSCI EAFE 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

$24.95

Average Daily Volume

213,356

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ABEQ

Absolute Core Strategy ETF

ABEQ Description

The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (ticker symbol NACEX) (the underlying index). The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index utilizes a rules-based methodology developed by CIBC National Trust Company (the index provider), which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector including renewables and clean technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.07

Average Daily Volume

5,821

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HDEF	ABEQ
30 Days	-3.07%	-0.02%
60 Days	-6.57%	1.16%
90 Days	-5.10%	2.43%
12 Months	11.62%	20.55%

1 Overlapping Holdings

	Symbol	Grade	Weight in HDEF	Weight in ABEQ	Overlap
	UL	D	5.05%	6.19%	5.05%

HDEF Overweight 3 Positions Relative to ABEQ

Symbol	Grade	Weight
NVS	D	5.14%
STLA	F	1.0%
AGCO	D	0.21%

HDEF Underweight 17 Positions Relative to ABEQ

Symbol	Grade	Weight
BRK.A	B	-11.57%
L	A	-6.76%
MDT	D	-4.3%
DD	D	-4.11%
TRV	B	-3.91%
CMCSA	B	-3.76%
EOG	A	-3.6%
CSCO	B	-3.28%
CTVA	C	-3.01%
IFF	D	-2.29%
HSY	F	-1.86%
DEO	F	-1.7%
MRK	F	-1.65%
CME	A	-1.24%
HON	B	-1.06%
VZ	C	-1.02%
GEHC	F	-0.93%

HDEF: Top Represented Industries & Keywords

Industries: Auto Manufacturers Drug Manufacturers - Major Farm & Construction Equipment Household & Personal Products