SPDW vs. DBAW ETF Comparison

Comparison of SPDR Portfolio World ex-US ETF (SPDW) to db X-trackers MSCI All World ex US Hedged Equity Fund (DBAW)

SPDW

SPDR Portfolio World ex-US ETF

SPDW Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Developed Ex-U.S.BMI Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in depositary receipts based on securities comprising the index. The index is a market capitalization weighted index designed to define and measure the investable universe of publicly traded companies domiciled in developed countries outside the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$35.15

Average Daily Volume

2,162,564

Number of Holdings ^*

108

* 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

$34.22

Average Daily Volume

12,941

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPDW	DBAW
30 Days	-3.22%	-2.23%
60 Days	-4.95%	1.15%
90 Days	-5.36%	1.14%
12 Months	11.79%	17.70%

42 Overlapping Holdings

Symbol	Grade	Weight in SPDW	Weight in DBAW	Overlap
ABBV	F	0.4%	0.31%	0.31%
AER	A	0.03%	0.07%	0.03%
AGCO	D	0.03%	0.02%	0.02%
BCS	A	0.2%	0.17%	0.17%
CCEP	C	0.08%	0.05%	0.05%
CHKP	C	0.1%	0.05%	0.05%
CNI	F	0.3%	0.2%	0.2%
CYBR	A	0.08%	0.05%	0.05%
DEO	F	0.28%	0.23%	0.23%
E	F	0.15%	0.12%	0.12%
FUTU	D	0.03%	0.02%	0.02%
GLBE	B	0.01%	0.01%	0.01%
GRAB	A	0.05%	0.03%	0.03%
HMC	F	0.19%	0.14%	0.14%
HSBH	B	0.73%	0.58%	0.58%
KB	B	0.13%	0.09%	0.09%
KEP	B	0.03%	0.02%	0.02%
LOGI	D	0.06%	0.04%	0.04%
LPL	D	0.01%	0.01%	0.01%
LPL	D	0.01%	0.01%	0.01%
LYG	D	0.21%	0.15%	0.15%
MBAVU	C	0.02%	0.01%	0.01%
MFG	A	0.24%	0.21%	0.21%
MNDY	C	0.04%	0.03%	0.03%
MUFG	B	0.61%	0.46%	0.46%
NMR	B	0.08%	0.06%	0.06%
NVS	F	0.88%	0.71%	0.71%
OTEX	F	0.03%	0.03%	0.03%
QGEN	D	0.04%	0.03%	0.03%
SE	A	0.17%	0.13%	0.13%
SHG	C	0.09%	0.06%	0.06%
SHOP	B	0.57%	0.46%	0.46%
SMFG	B	0.39%	0.31%	0.31%
SONY	B	0.5%	0.41%	0.41%
STLA	F	0.12%	0.1%	0.1%
TD	D	0.44%	0.34%	0.34%
TEVA	C	0.08%	0.06%	0.06%
TM	F	0.9%	0.62%	0.62%
UL	D	0.63%	0.5%	0.5%
WFG	C	0.02%	0.02%	0.02%
WIX	A	0.04%	0.03%	0.03%
XRX	F	0.06%	0.05%	0.05%

SPDW Overweight 66 Positions Relative to DBAW

Symbol	Grade	Weight
SPOT	B	0.28%
WCN	A	0.2%
CPNG	D	0.11%
PKX	D	0.08%
ICLR	D	0.07%
MT	B	0.06%
ARM	F	0.06%
ONON	A	0.06%
GLNG	C	0.03%
GSL	F	0.03%
BNTX	C	0.03%
ZIM	C	0.02%
ASND	F	0.02%
AEI	D	0.02%
XENE	D	0.02%
MRUS	F	0.02%
KRNT	B	0.02%
NAT	F	0.01%
FVRR	B	0.01%
MLCO	F	0.01%
URGN	F	0.01%
IMCR	D	0.01%
LSPD	C	0.01%
DAVA	C	0.01%
AY	A	0.01%
GRFS	C	0.01%
NOMD	D	0.01%
IGT	F	0.01%
TAC	A	0.01%
BIRK	D	0.01%
MTLS	A	0.0%
RENB	F	0.0%
HL	D	0.0%
CALX	D	0.0%
TLRY	F	0.0%
CVAC	F	0.0%
ORMP	D	0.0%
AMRN	F	0.0%
GRVY	C	0.0%
ADAP	F	0.0%
EU	D	0.0%
TMC	F	0.0%
FREY	B	0.0%
MNTX	B	0.0%
INVZ	F	0.0%
NNOX	C	0.0%
NBTX	F	0.0%
NNDM	D	0.0%
DNN	B	0.0%
GSM	D	0.0%
SNDL	D	0.0%
CHGX	A	0.0%
ABCL	D	0.0%
SPNS	F	0.0%
IMTX	F	0.0%
JMIA	F	0.0%
ELBM	D	0.0%
PIXY	F	0.0%
SSYS	B	0.0%
CSIQ	F	0.0%
AUPH	B	0.0%
CSTM	F	0.0%
RDWR	B	0.0%
PDS	C	0.0%
HCM	D	0.0%
INMD	C	0.0%

SPDW Underweight 45 Positions Relative to DBAW

Symbol	Grade	Weight
BABA	D	-0.59%
HDB	C	-0.29%
PDD	F	-0.27%
IBN	C	-0.26%
NU	C	-0.14%
VALE	F	-0.11%
TCOM	B	-0.11%
GOLD	C	-0.1%
BIDU	F	-0.09%
YUMC	C	-0.07%
UMC	F	-0.06%
RBA	A	-0.06%
LI	F	-0.05%
CHT	C	-0.05%
BEKE	D	-0.04%
BAP	A	-0.04%
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%
GGB	C	-0.02%
VIPS	F	-0.02%
BCH	C	-0.02%
XP	F	-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%
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%