DBEU vs. GSEU ETF Comparison

Comparison of db X-Trackers MSCI Europe Hedged Equity Fund (DBEU) to Goldman Sachs ActiveBeta Europe Equity ETF (GSEU)

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

$41.87

Average Daily Volume

49,516

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GSEU

Goldman Sachs ActiveBeta Europe Equity ETF

GSEU Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta® Europe Equity Index (the "index"). The fund seeks to achieve its investment objective by investing at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index is designed to deliver exposure to equity securities of developed markets issuers in Europe.

Grade (RS Rating)

Last Trade

$38.07

Average Daily Volume

21,669

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DBEU	GSEU
30 Days	0.75%	2.36%
60 Days	0.77%	3.32%
90 Days	0.27%	3.95%
12 Months	15.68%	19.22%

12 Overlapping Holdings

Symbol	Grade	Weight in DBEU	Weight in GSEU	Overlap
ABBV	B	0.74%	0.53%	0.53%
AER	C	0.15%	0.14%	0.14%
BCS	B	0.36%	0.38%	0.36%
CCEP	B	0.15%	0.14%	0.14%
DEO	C	0.62%	0.28%	0.28%
E	C	0.3%	0.38%	0.3%
LOGI	F	0.11%	0.37%	0.11%
LYG	B	0.41%	0.23%	0.23%
NVS	B	1.97%	1.97%	1.97%
QGEN	B	0.08%	0.22%	0.08%
STLA	F	0.28%	0.23%	0.23%
UL	A	1.41%	0.89%	0.89%

DBEU Overweight 0 Positions Relative to GSEU

	Symbol	Grade	Weight

DBEU Underweight 0 Positions Relative to GSEU

	Symbol	Grade	Weight