BINV vs. DBJP ETF Comparison

Comparison of Brandes International ETF (BINV) to db-X trackers MSCI Japan Hedged Equity Fund (DBJP)

BINV

Brandes International ETF

BINV Description

The fund is an actively managed exchange-traded fund ("ETF") that seeks to attain its investment objective by investing primarily in equity securities of foreign companies. The fund typically invests in foreign companies with market capitalizations (market value of publicly traded equity securities) greater than $5 billion at the time of purchase.

Grade (RS Rating)

Last Trade

$30.38

Average Daily Volume

19,284

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DBJP

db-X trackers MSCI Japan Hedged Equity Fund

DBJP Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI Japan US Dollar Hedged Index (the "underlying index"). The index is designed to provide exposure to Japanese equity markets, while at the same time mitigating exposure to fluctuations between the value of the U.S. dollar and Japanese yen. The fund will normally invest at least 80% of its net assets in equity securities of issuers from Japan and in instruments designed to hedge the fund's exposure to Japanese yen. It is non-diversified.

Grade (RS Rating)

Last Trade

$73.90

Average Daily Volume

25,610

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BINV	DBJP
30 Days	-5.02%	1.92%
60 Days	-5.41%	2.88%
90 Days	-5.40%	1.87%
12 Months	14.06%	19.84%

2 Overlapping Holdings

	Symbol	Grade	Weight in BINV	Weight in DBJP	Overlap
	HMC	F	1.13%	0.98%	0.98%
	MUFG	B	1.05%	3.29%	1.05%

BINV Overweight 16 Positions Relative to DBJP

Symbol	Grade	Weight
BABA	D	2.81%
ERJ	A	2.42%
GSK	F	2.29%
GRFS	C	2.02%
ABEV	F	1.76%
SAP	B	1.68%
SNN	D	1.65%
BCS	A	1.51%
NVS	F	1.42%
PHG	C	1.35%
CX	F	1.32%
E	F	1.2%
OTEX	F	1.15%
SHG	C	0.78%
VIV	F	0.78%
TSM	B	0.64%

BINV Underweight 7 Positions Relative to DBJP

Symbol	Grade	Weight
TM	F	-4.51%
SONY	B	-2.96%
SMFG	B	-2.24%
MFG	A	-1.4%
NMR	B	-0.45%
AGCO	D	-0.15%
MBAVU	C	-0.09%