DBEF vs. VGK ETF Comparison

Comparison of db-X trackers MSCI EAFE Hedged Equity Fund (DBEF) to Vanguard FTSE European ETF (VGK)
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

$41.18

Average Daily Volume

592,678

Number of Holdings *

31

* may have additional holdings in another (foreign) market
VGK

Vanguard FTSE European ETF

VGK Description The investment seeks to track the performance of a benchmark index that measures the investment return of stocks issued by companies located in the major markets of Europe. The fund employs an indexing investment approach by investing all, or substantially all, of its assets in the common stocks included in the FTSE Developed Europe Index. The FTSE Developed Europe Index is made up of approximately 497 common stocks of companies located in 17 European countries-mostly companies in the United Kingdom, France, Switzerland, and Germany (which made up approximately 34%, 15%, 14%, and 13%, respectively, of the index's market capitalization as of May 31, 2013).

Grade (RS Rating)

Last Trade

$70.26

Average Daily Volume

1,817,133

Number of Holdings *

17

* may have additional holdings in another (foreign) market
Performance
Period DBEF VGK
30 Days 0.32% 2.09%
60 Days -1.20% 3.20%
90 Days 0.08% 4.18%
12 Months 15.79% 20.56%
10 Overlapping Holdings
Symbol Grade Weight in DBEF Weight in VGK Overlap
ABBV B 0.5% 0.7% 0.5%
BCS B 0.25% 0.36% 0.25%
DEO C 0.41% 0.55% 0.41%
E C 0.21% 0.29% 0.21%
LOGI F 0.08% 0.11% 0.08%
LYG B 0.26% 0.38% 0.26%
NVS B 1.33% 1.81% 1.33%
QGEN B 0.06% 0.08% 0.06%
STLA F 0.19% 0.28% 0.19%
UL A 0.92% 1.2% 0.92%
DBEF Overweight 21 Positions Relative to VGK
Symbol Grade Weight
TM F 1.08%
SONY C 0.68%
MUFG D 0.66%
SMFG D 0.46%
MFG D 0.28%
HMC C 0.27%
SE B 0.16%
TEVA C 0.12%
CHKP B 0.1%
NMR F 0.1%
CCEP B 0.1%
AER C 0.1%
XRX F 0.08%
CYBR C 0.07%
WIX D 0.05%
MNDY B 0.05%
GRAB C 0.04%
AGCO D 0.03%
GLBE C 0.02%
FUTU F 0.02%
MBAVU C 0.02%
DBEF Underweight 7 Positions Relative to VGK
Symbol Grade Weight
FLUT B -0.28%
SW B -0.18%
FRO C -0.03%
HAFN D -0.02%
FLNG C -0.01%
GOGL D -0.01%
TRMD D -0.01%
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