DBAW vs. DFSE ETF Comparison

Comparison of db X-trackers MSCI All World ex US Hedged Equity Fund (DBAW) to Dimensional Emerging Markets Sustainability Core 1 ETF (DFSE)

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

$34.42

Average Daily Volume

12,941

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DFSE

Dimensional Emerging Markets Sustainability Core 1 ETF

DFSE Description

The Portfolio is designed to purchase a broad and diverse group of securities associated with emerging markets. The Portfolio invests in companies of all sizes, with increased exposure to smaller capitalization, lower relative price, and higher profitability companies as compared to their representation in the Emerging Markets Universe, while adjusting the composition of the Portfolio based on sustainability impact considerations.

Grade (RS Rating)

Last Trade

$33.58

Average Daily Volume

26,202

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DBAW	DFSE
30 Days	-2.23%	-4.22%
60 Days	1.15%	-1.41%
90 Days	1.14%	-1.38%
12 Months	17.70%	12.43%

44 Overlapping Holdings

Symbol	Grade	Weight in DBAW	Weight in DFSE	Overlap
ABEV	F	0.03%	0.05%	0.03%
ASAI	F	0.02%	0.07%	0.02%
ASAI	F	0.02%	0.03%	0.02%
BABA	D	0.59%	1.33%	0.59%
BABA	D	0.59%	0.08%	0.08%
BAP	A	0.04%	0.09%	0.04%
BCH	C	0.02%	0.01%	0.01%
BCH	C	0.02%	0.04%	0.02%
BGNE	D	0.03%	0.04%	0.03%
BGNE	D	0.03%	0.05%	0.03%
BIDU	F	0.09%	0.16%	0.09%
BIDU	F	0.09%	0.06%	0.06%
BILI	D	0.01%	0.09%	0.01%
BZ	F	0.01%	0.01%	0.01%
CSAN	F	0.01%	0.01%	0.01%
CSAN	F	0.01%	0.0%	0.0%
ERJ	A	0.02%	0.14%	0.02%
ERJ	A	0.02%	0.02%	0.02%
GGB	C	0.02%	0.0%	0.0%
GGB	C	0.02%	0.04%	0.02%
HDB	C	0.29%	0.22%	0.22%
HDB	C	0.29%	0.18%	0.18%
IBN	C	0.26%	0.14%	0.14%
IBN	C	0.26%	0.62%	0.26%
IQ	F	0.0%	0.02%	0.0%
KB	B	0.09%	0.06%	0.06%
KB	B	0.09%	0.25%	0.09%
LI	F	0.05%	0.09%	0.05%
NIO	F	0.02%	0.06%	0.02%
PDD	F	0.27%	0.78%	0.27%
SBSW	D	0.01%	0.0%	0.0%
SBSW	D	0.01%	0.04%	0.01%
SHG	C	0.06%	0.04%	0.04%
SHG	C	0.06%	0.25%	0.06%
SKM	C	0.0%	0.01%	0.0%
SKM	C	0.0%	0.02%	0.0%
TCOM	B	0.11%	0.37%	0.11%
TCOM	B	0.11%	0.11%	0.11%
TME	D	0.03%	0.13%	0.03%
VIPS	F	0.02%	0.2%	0.02%
WIT	B	0.03%	0.02%	0.02%
WIT	B	0.03%	0.12%	0.03%
XPEV	C	0.03%	0.14%	0.03%
YUMC	C	0.07%	0.07%	0.07%

DBAW Overweight 58 Positions Relative to DFSE

Symbol	Grade	Weight
NVS	F	0.71%
TM	F	0.62%
HSBH	B	0.58%
UL	D	0.5%
MUFG	B	0.46%
SHOP	B	0.46%
SONY	B	0.41%
TD	D	0.34%
SMFG	B	0.31%
ABBV	F	0.31%
DEO	F	0.23%
MFG	A	0.21%
CNI	F	0.2%
BCS	A	0.17%
LYG	D	0.15%
HMC	F	0.14%
NU	C	0.14%
SE	A	0.13%
E	F	0.12%
VALE	F	0.11%
STLA	F	0.1%
GOLD	C	0.1%
AER	A	0.07%
UMC	F	0.06%
RBA	A	0.06%
TEVA	C	0.06%
NMR	B	0.06%
CYBR	A	0.05%
CHT	C	0.05%
CHKP	C	0.05%
XRX	F	0.05%
CCEP	C	0.05%
LOGI	D	0.04%
BEKE	D	0.04%
OTEX	F	0.03%
HTHT	D	0.03%
SCCO	F	0.03%
WIX	A	0.03%
GRAB	A	0.03%
QGEN	D	0.03%
MNDY	C	0.03%
KEP	B	0.02%
FUTU	D	0.02%
XP	F	0.02%
AGCO	D	0.02%
WFG	C	0.02%
DOOO	F	0.01%
ATHM	C	0.01%
STNE	F	0.01%
LPL	D	0.01%
BVN	D	0.01%
BRFS	C	0.01%
QFIN	A	0.01%
LEGN	D	0.01%
TAL	F	0.01%
MBAVU	C	0.01%
GLBE	B	0.01%
PAGS	F	0.0%

DBAW Underweight 45 Positions Relative to DFSE

Symbol	Grade	Weight
INFY	C	-0.51%
NTES	D	-0.16%
GFI	D	-0.14%
PAC	B	-0.13%
ASR	D	-0.1%
ITUB	F	-0.07%
FMX	F	-0.07%
SQM	D	-0.06%
UGP	F	-0.05%
RDY	F	-0.05%
KOF	F	-0.05%
BBD	D	-0.05%
VIV	F	-0.04%
CIB	B	-0.04%
SGRP	D	-0.03%
OMAB	D	-0.03%
ASX	D	-0.02%
BSAC	C	-0.02%
AKO.A	F	-0.02%
CIG	C	-0.02%
SUZ	B	-0.02%
WF	C	-0.02%
EBR	F	-0.01%
CCU	D	-0.01%
SHPH	F	-0.01%
IFS	A	-0.01%
SLDB	F	-0.01%
BSBR	F	-0.01%
SBS	B	-0.01%
TLK	D	-0.01%
AKO.A	F	-0.01%
ELP	F	-0.01%
IAC	F	-0.0%
CGA	D	-0.0%
AVAL	C	-0.0%
MGNX	F	-0.0%
NIU	F	-0.0%
KC	B	-0.0%
JEWL	D	-0.0%
ENIC	B	-0.0%
BAOS	F	-0.0%
DRD	D	-0.0%
ZTO	F	-0.0%
PDSB	F	-0.0%
BZUN	F	-0.0%