VEU vs. DBAW ETF Comparison

Comparison of Vanguard FTSE All World Ex US ETF (VEU) to db X-trackers MSCI All World ex US Hedged Equity Fund (DBAW)

VEU

Vanguard FTSE All World Ex US ETF

VEU Description

The investment seeks to track the performance of a benchmark index that measures the investment return of stocks of companies located in developed and emerging markets outside of the United States. The fund employs an indexing investment approach designed to track the performance of the FTSE All-World ex US Index, a free-float-adjusted, market-capitalization-weighted index designed to measure equity market performance of international markets. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$59.03

Average Daily Volume

2,050,655

Number of Holdings ^*

106

* 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	VEU	DBAW
30 Days	-3.66%	-2.23%
60 Days	-3.89%	1.15%
90 Days	-4.04%	1.14%
12 Months	12.65%	17.70%

72 Overlapping Holdings

Symbol	Grade	Weight in VEU	Weight in DBAW	Overlap
ABBV	F	0.31%	0.31%	0.31%
ABEV	F	0.01%	0.03%	0.01%
ABEV	F	0.02%	0.03%	0.02%
AGCO	D	0.02%	0.02%	0.02%
ASAI	F	0.02%	0.02%	0.02%
ASAI	F	0.0%	0.02%	0.0%
ATHM	C	0.01%	0.01%	0.01%
ATHM	C	0.0%	0.01%	0.0%
BABA	D	0.72%	0.59%	0.59%
BCH	C	0.02%	0.02%	0.02%
BCS	A	0.16%	0.17%	0.16%
BEKE	D	0.05%	0.04%	0.04%
BGNE	D	0.04%	0.03%	0.03%
BIDU	F	0.09%	0.09%	0.09%
BILI	D	0.02%	0.01%	0.01%
BRFS	C	0.01%	0.01%	0.01%
BZ	F	0.02%	0.01%	0.01%
CHT	C	0.02%	0.05%	0.02%
CHT	C	0.03%	0.05%	0.03%
CNI	F	0.21%	0.2%	0.2%
CSAN	F	0.01%	0.01%	0.01%
DEO	F	0.24%	0.23%	0.23%
E	F	0.12%	0.12%	0.12%
ERJ	A	0.02%	0.02%	0.02%
GGB	C	0.01%	0.02%	0.01%
GGB	C	0.01%	0.02%	0.01%
GOLD	C	0.11%	0.1%	0.1%
HDB	C	0.4%	0.29%	0.29%
HMC	F	0.17%	0.14%	0.14%
HSBH	B	0.59%	0.58%	0.58%
IBN	C	0.21%	0.26%	0.21%
IQ	F	0.0%	0.0%	0.0%
KB	B	0.04%	0.09%	0.04%
KB	B	0.04%	0.09%	0.04%
KEP	B	0.0%	0.02%	0.0%
KEP	B	0.01%	0.02%	0.01%
LI	F	0.05%	0.05%	0.05%
LOGI	D	0.04%	0.04%	0.04%
LPL	D	0.01%	0.01%	0.01%
LYG	D	0.15%	0.15%	0.15%
MBAVU	C	0.02%	0.01%	0.01%
MFG	A	0.18%	0.21%	0.18%
MUFG	B	0.41%	0.46%	0.41%
NIO	F	0.02%	0.02%	0.02%
NMR	B	0.05%	0.06%	0.05%
NVS	F	0.77%	0.71%	0.71%
PDD	F	0.3%	0.27%	0.27%
QFIN	A	0.01%	0.01%	0.01%
QGEN	D	0.03%	0.03%	0.03%
SBSW	D	0.01%	0.01%	0.01%
SHG	C	0.04%	0.06%	0.04%
SHG	C	0.02%	0.06%	0.02%
SHOP	B	0.33%	0.46%	0.33%
SMFG	B	0.27%	0.31%	0.27%
SONY	B	0.37%	0.41%	0.37%
STLA	F	0.1%	0.1%	0.1%
TAL	F	0.02%	0.01%	0.01%
TCOM	B	0.12%	0.11%	0.11%
TD	D	0.34%	0.34%	0.34%
TM	F	0.71%	0.62%	0.62%
TME	D	0.03%	0.03%	0.03%
UL	D	0.52%	0.5%	0.5%
UMC	F	0.03%	0.06%	0.03%
UMC	F	0.03%	0.06%	0.03%
VALE	F	0.03%	0.11%	0.03%
VALE	F	0.12%	0.11%	0.11%
VIPS	F	0.02%	0.02%	0.02%
WIT	B	0.02%	0.03%	0.02%
WIT	B	0.01%	0.03%	0.01%
XPEV	C	0.03%	0.03%	0.03%
XRX	F	0.05%	0.05%	0.05%
YUMC	C	0.06%	0.07%	0.06%

VEU Overweight 34 Positions Relative to DBAW

Symbol	Grade	Weight
WCN	A	0.16%
FLUT	A	0.14%
INFY	C	0.12%
SW	A	0.09%
ITUB	F	0.06%
BBD	D	0.03%
PKX	D	0.03%
AEI	D	0.02%
YMM	C	0.02%
PBR	D	0.02%
GDS	C	0.01%
SQM	D	0.01%
BSAC	C	0.01%
RDY	F	0.01%
TSM	B	0.01%
CIB	B	0.01%
CX	F	0.01%
JEWL	D	0.0%
BAK	F	0.0%
ENIC	B	0.0%
ELP	F	0.0%
SID	F	0.0%
TS	B	0.0%
WB	D	0.0%
TAK	D	0.0%
EC	D	0.0%
MNTX	B	0.0%
VIV	F	0.0%
CIG	C	0.0%
YY	B	0.0%
DQ	F	0.0%
PIXY	F	0.0%
AKO.A	F	0.0%
RLX	C	0.0%

VEU Underweight 25 Positions Relative to DBAW

Symbol	Grade	Weight
NU	C	-0.14%
SE	A	-0.13%
AER	A	-0.07%
RBA	A	-0.06%
TEVA	C	-0.06%
CYBR	A	-0.05%
CHKP	C	-0.05%
CCEP	C	-0.05%
BAP	A	-0.04%
OTEX	F	-0.03%
HTHT	D	-0.03%
SCCO	F	-0.03%
WIX	A	-0.03%
GRAB	A	-0.03%
MNDY	C	-0.03%
FUTU	D	-0.02%
XP	F	-0.02%
WFG	C	-0.02%
DOOO	F	-0.01%
STNE	F	-0.01%
BVN	D	-0.01%
LEGN	D	-0.01%
GLBE	B	-0.01%
PAGS	F	-0.0%
SKM	C	-0.0%