AVDE vs. DBEF ETF Comparison

Comparison of Avantis International Equity ETF (AVDE) to db-X trackers MSCI EAFE Hedged Equity Fund (DBEF)

AVDE

Avantis International Equity ETF

AVDE Description

The investment seeks long-term capital appreciation. The fund invests primarily in a diverse group of non-U.S. companies across countries, market sectors and industry groups. It may invest in companies of all market capitalizations. Under normal market conditions, the fund will invest at least 80% of its assets in equity securities. It also may invest in derivative instruments such as futures contracts, currency forwards, and swap agreements.

Grade (RS Rating)

Last Trade

$63.21

Average Daily Volume

265,509

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

DBEF

db-X trackers MSCI EAFE Hedged Equity Fund

DBEF Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI EAFE US Dollar Hedged Index (the "underlying index"). The index is designed to provide exposure to equity securities in developed international stock markets, 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 invests at least 80% of its net assets in equity securities of issuers from Europe, Australia and the Far East and in instruments designed to hedge the fund's exposure to non-U.S. currencies. It is non-diversified.

Grade (RS Rating)

Last Trade

$41.79

Average Daily Volume

476,048

Number of Holdings ^*

32

* may have additional holdings in another (foreign) market

Performance

Period	AVDE	DBEF
30 Days	-1.53%	0.19%
60 Days	-4.65%	0.63%
90 Days	-4.39%	0.55%
12 Months	11.45%	17.12%

29 Overlapping Holdings

	Symbol	Grade	Weight in AVDE	Weight in DBEF	Overlap
	ABBV	D	0.12%	0.52%	0.12%
	AER	B	0.18%	0.11%	0.11%
	AGCO	D	0.11%	0.03%	0.03%
	BCS	C	0.37%	0.28%	0.28%
	CCEP	C	0.09%	0.09%	0.09%
	CHKP	D	0.07%	0.09%	0.07%
	CYBR	B	0.01%	0.07%	0.01%
	DEO	F	0.21%	0.38%	0.21%
	E	F	0.15%	0.2%	0.15%
	FUTU	D	0.01%	0.03%	0.01%
	GLBE	B	0.01%	0.02%	0.01%
	GRAB	B	0.02%	0.06%	0.02%
	HMC	F	0.19%	0.23%	0.19%
	LOGI	D	0.11%	0.07%	0.07%
	LYG	F	0.26%	0.26%	0.26%
	MBAVU	D	0.01%	0.02%	0.01%
	MFG	B	0.19%	0.34%	0.19%
	MNDY	C	0.0%	0.06%	0.0%
	MUFG	B	0.37%	0.76%	0.37%
	NVS	D	0.8%	1.18%	0.8%
	QGEN	D	0.03%	0.05%	0.03%
	SE	B	0.05%	0.22%	0.05%
	SMFG	B	0.31%	0.52%	0.31%
	STLA	F	0.1%	0.16%	0.1%
	TEVA	D	0.06%	0.11%	0.06%
	TM	D	0.6%	1.05%	0.6%
	UL	D	0.29%	0.83%	0.29%
	WIX	B	0.01%	0.05%	0.01%
	XRX	F	0.02%	0.1%	0.02%

AVDE Overweight 85 Positions Relative to DBEF

	Symbol	Grade	Weight
	NVO	D	1.41%
	TTE	F	0.61%
	HSBC	B	0.6%
	ASML	F	0.6%
	BP	D	0.47%
	BHP	F	0.47%
	AZN	D	0.44%
	GSK	F	0.35%
	SAP	B	0.34%
	RELX	C	0.32%
	ING	F	0.31%
	SNY	F	0.3%
	RIO	D	0.29%
	SAN	F	0.28%
	BBVA	F	0.27%
	TD	F	0.26%
	CNI	D	0.26%
	STM	F	0.22%
	ORAN	F	0.2%
	NWG	C	0.18%
	NGG	D	0.17%
	IX	F	0.16%
	WFG	D	0.16%
	VOD	F	0.15%
	SHOP	B	0.15%
	HLN	D	0.12%
	MT	B	0.12%
	BUD	F	0.12%
	TEF	D	0.11%
	ZIM	C	0.11%
	SW	A	0.11%
	PHG	D	0.11%
	NOK	D	0.09%
	ERIC	B	0.09%
	RBA	A	0.08%
	EQNR	D	0.08%
	TAK	F	0.07%
	GMAB	F	0.06%
	SNN	D	0.06%
	CHRD	D	0.05%
	ARGX	A	0.05%
	TAC	B	0.03%
	OTEX	D	0.03%
	GLNG	C	0.03%
	CUK	B	0.03%
	DOOO	F	0.02%
	TRMD	F	0.02%
	WPP	B	0.02%
	WDS	D	0.02%
	BUR	C	0.02%
	PRMW	C	0.02%
	KRNT	C	0.01%
	FMS	A	0.01%
	AEI	D	0.01%
	ICLR	D	0.01%
	TS	B	0.01%
	GLPG	D	0.01%
	PDS	C	0.01%
	PSO	B	0.01%
	FRO	F	0.01%
	NICE	C	0.01%
	CLLS	F	0.0%
	IAUX	F	0.0%
	IPHA	F	0.0%
	UBCP	C	0.0%
	CSTE	D	0.0%
	QIPT	F	0.0%
	GEN	B	0.0%
	PIXY	F	0.0%
	RENB	F	0.0%
	LSPD	C	0.0%
	CLF	F	0.0%
	ORLA	C	0.0%
	SSBI	F	0.0%
	VGR	D	0.0%
	MLCO	F	0.0%
	ITRN	B	0.0%
	ELBM	F	0.0%
	NNDM	F	0.0%
	CSTM	F	0.0%
	SPNS	F	0.0%
	ASTL	B	0.0%
	VMAR	F	0.0%
	FLNG	B	0.0%
	TCI	D	0.0%

AVDE Underweight 3 Positions Relative to DBEF

	Symbol	Grade	Weight
	HSBH	B	-0.97%
	SONY	B	-0.68%
	NMR	B	-0.1%

AVDE: Top Represented Industries & Keywords

Industries: Banks - Global Software - Application Biotechnology Drug Manufacturers - Major Oil & Gas Integrated Auto Manufacturers Communication Equipment Diagnostics & Research Drug Manufacturers - Specialty & Generic Industrial Metals & Minerals Shipping & Ports Telecom Services Banks - Regional - US Beverages - Soft Drinks Computer Systems Gold Leisure Medical Devices Oil & Gas E&P Publishing

Keywords: Bank Banking Cancer Medicine Asset Management Financial Products Investment Banking Natural Gas Liquefied Natural Gas Biotechnology Commercial Banking Computing Investment Product Mining Telecommunications Transport Acid Biopharmaceutical Cash Management Services Cloud Computing

DBEF: Top Represented Industries & Keywords

Industries: Auto Manufacturers Banks - Global Software - Application Capital Markets Drug Manufacturers - Major Airports & Air Services Banks - Regional - Asia Banks - Regional - Europe Beverages - Soft Drinks Beverages - Wineries & Distilleries Computer Systems Consumer Electronics Diagnostics & Research Drug Manufacturers - Specialty & Generic Electronic Gaming & Multimedia Farm & Construction Equipment Household & Personal Products Information Technology Services Internet Content & Information Internet Retail

Keywords: Asset Management Bank Banking Financial Products Investment Banking Investment Banking Services Advisory Services Cars Cash Management Services Corporate Banking Insurance Products Investment Bank Investment Product Pharmaceutical Structured Finance Transport Wealth Management Services Active Pharmaceutical Ingredients Alcohol Asset And Liability Management