DBEU vs. FENI ETF Comparison

Comparison of db X-Trackers MSCI Europe Hedged Equity Fund (DBEU) to Fidelity Enhanced International ETF (FENI)

DBEU

db X-Trackers MSCI Europe Hedged Equity Fund

DBEU Description

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

Grade (RS Rating)

Last Trade

$41.30

Average Daily Volume

48,201

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FENI

Fidelity Enhanced International ETF

FENI Description

The fund will normally invest at least 80% of assets in common stocks included in the MSCI EAFE Index, which is a market capitalization-weighted index that is designed to measure the investable equity market performance for global investors in developed markets, excluding the U.S. & Canada. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index.

Grade (RS Rating)

Last Trade

$27.98

Average Daily Volume

176,229

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DBEU	FENI
30 Days	-2.18%	-2.98%
60 Days	-1.33%	-6.08%
90 Days	-2.02%	-6.11%
12 Months	13.88%	13.19%

12 Overlapping Holdings

Symbol	Grade	Weight in DBEU	Weight in FENI	Overlap
ABBV	D	0.8%	0.79%	0.79%
ABBV	D	0.8%	0.28%	0.28%
BCS	C	0.44%	0.12%	0.12%
CCEP	C	0.15%	0.02%	0.02%
HSBH	B	1.49%	1.06%	1.06%
LOGI	D	0.11%	0.07%	0.07%
LYG	F	0.39%	0.12%	0.12%
NVS	D	1.84%	1.58%	1.58%
NVS	D	1.84%	0.12%	0.12%
QGEN	D	0.09%	0.53%	0.09%
UL	D	1.29%	0.56%	0.56%
UL	D	1.29%	0.48%	0.48%

DBEU Overweight 4 Positions Relative to FENI

Symbol	Grade	Weight
DEO	F	0.59%
E	F	0.3%
STLA	F	0.25%
AER	B	0.16%

DBEU Underweight 19 Positions Relative to FENI

Symbol	Grade	Weight
SONY	B	-1.21%
SE	B	-0.79%
BTI	B	-0.76%
NMR	B	-0.66%
WIX	B	-0.58%
MUFG	B	-0.57%
TM	D	-0.56%
GSK	F	-0.48%
RIO	D	-0.48%
HSBC	B	-0.42%
VOD	F	-0.3%
SNY	F	-0.28%
RELX	C	-0.23%
GMAB	F	-0.22%
NOK	D	-0.21%
BBVA	F	-0.14%
NWG	C	-0.11%
AZN	D	-0.08%
SMFG	B	-0.03%