DBAW vs. ACWX ETF Comparison

Comparison of db X-trackers MSCI All World ex US Hedged Equity Fund (DBAW) to iShares MSCI ACWI ex US Index Fund (ACWX)

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

$34.37

Average Daily Volume

12,784

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ACWX

iShares MSCI ACWI ex US Index Fund

ACWX Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI All Country World Index ex USA (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index or in depositary receipts representing securities of the underlying index. The underlying index is a free float-adjusted market capitalization-weighted index designed to measure the combined equity market performance of developed and emerging markets countries, excluding the United States. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$53.81

Average Daily Volume

861,512

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DBAW	ACWX
30 Days	-1.17%	-2.47%
60 Days	0.94%	-3.95%
90 Days	1.58%	-3.67%
12 Months	18.22%	12.80%

24 Overlapping Holdings

Symbol	Grade	Weight in DBAW	Weight in ACWX	Overlap
AGCO	D	0.02%	0.02%	0.02%
BABA	D	0.59%	0.65%	0.59%
BGNE	D	0.03%	0.04%	0.03%
BIDU	F	0.09%	0.09%	0.09%
BILI	D	0.01%	0.02%	0.01%
CHT	D	0.05%	0.05%	0.05%
HDB	C	0.29%	0.33%	0.29%
HMC	F	0.14%	0.15%	0.14%
IBN	C	0.26%	0.3%	0.26%
LI	F	0.05%	0.05%	0.05%
MBAVU	D	0.01%	0.01%	0.01%
MFG	B	0.21%	0.22%	0.21%
MUFG	B	0.46%	0.5%	0.46%
NIO	F	0.02%	0.02%	0.02%
NMR	B	0.06%	0.07%	0.06%
SMFG	B	0.31%	0.34%	0.31%
SONY	B	0.41%	0.44%	0.41%
TCOM	B	0.11%	0.13%	0.11%
TM	D	0.62%	0.69%	0.62%
TME	D	0.03%	0.03%	0.03%
UMC	F	0.06%	0.06%	0.06%
WIT	A	0.03%	0.03%	0.03%
XPEV	C	0.03%	0.03%	0.03%
YUMC	C	0.07%	0.07%	0.07%

DBAW Overweight 62 Positions Relative to ACWX

Symbol	Grade	Weight
NVS	D	0.71%
HSBH	B	0.58%
UL	D	0.5%
SHOP	B	0.46%
TD	F	0.34%
ABBV	D	0.31%
PDD	F	0.27%
DEO	F	0.23%
CNI	D	0.2%
BCS	C	0.17%
LYG	F	0.15%
NU	C	0.14%
SE	B	0.13%
E	F	0.12%
VALE	F	0.11%
STLA	F	0.1%
GOLD	D	0.1%
KB	B	0.09%
AER	B	0.07%
RBA	A	0.06%
SHG	D	0.06%
TEVA	D	0.06%
CYBR	B	0.05%
CHKP	D	0.05%
XRX	F	0.05%
CCEP	C	0.05%
LOGI	D	0.04%
BEKE	D	0.04%
BAP	B	0.04%
OTEX	D	0.03%
HTHT	D	0.03%
SCCO	F	0.03%
WIX	B	0.03%
GRAB	B	0.03%
QGEN	D	0.03%
MNDY	C	0.03%
ABEV	F	0.03%
KEP	B	0.02%
FUTU	D	0.02%
GGB	C	0.02%
VIPS	F	0.02%
BCH	F	0.02%
XP	F	0.02%
WFG	D	0.02%
ERJ	B	0.02%
ASAI	F	0.02%
DOOO	F	0.01%
ATHM	D	0.01%
CSAN	F	0.01%
STNE	F	0.01%
LPL	F	0.01%
BVN	F	0.01%
SBSW	D	0.01%
BRFS	D	0.01%
QFIN	B	0.01%
LEGN	F	0.01%
TAL	F	0.01%
BZ	F	0.01%
GLBE	B	0.01%
IQ	F	0.0%
PAGS	F	0.0%
SKM	D	0.0%

DBAW Underweight 1 Positions Relative to ACWX

	Symbol	Grade	Weight
	MNSO	F	-0.01%