DNL vs. HDAW ETF Comparison

Comparison of WisdomTree Global ex-U.S. Growth Fund (DNL) to Deutsche X-trackers MSCI All World ex US High Dividend Yield Hedged Equity ETF (HDAW)

DNL

WisdomTree Global ex-U.S. Growth Fund

DNL Description

The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Global ex-U.S. Growth Index. Under normal circumstances, at least 95% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index is a fundamentally weighted index that consists of dividend-paying global ex-U.S. stocks with growth characteristics. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$39.05

Average Daily Volume

45,025

Number of Holdings ^*

* may have additional holdings in another (foreign) market

HDAW

Deutsche X-trackers MSCI All World ex US High Dividend Yield Hedged Equity ETF

HDAW Description

The investment seeks investment results that correspond generally to the performance of the MSCI ACWI ex US High Dividend Yield US Dollar Hedged Index. The fund will invest at least 80% of its total assets (but typically far more) in component securities of the underlying index. The underlying index is designed to reflect the performance of equities (excluding REITs) in its parent index, the MSCI ACWI ex US Index, with higher dividend income and quality characteristics than average dividend yields of equities in the parent index, where such higher dividend income and quality characteristics are both sustainable and persistent. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.36

Average Daily Volume

2,316

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	DNL	HDAW
30 Days	1.48%	3.93%
60 Days	6.97%	0.14%
90 Days	-2.09%	6.00%
12 Months	19.54%	12.16%

1 Overlapping Holdings

	Symbol	Grade	Weight in DNL	Weight in HDAW	Overlap
	DEM	A	0.01%	0.13%	0.01%

DNL Overweight 6 Positions Relative to HDAW

Symbol	Grade	Weight
DEO	C	2.42%
CNI	D	1.82%
LOGI	D	0.19%
CSAN	D	0.08%
MBAVU	C	0.05%
DWM	C	0.02%

DNL Underweight 15 Positions Relative to HDAW

Symbol	Grade	Weight
NVS	D	-4.65%
UL	D	-3.06%
STLA	F	-0.95%
VALE	D	-0.83%
HDEF	C	-0.44%
UMC	D	-0.38%
CHT	C	-0.29%
ABEV	B	-0.22%
SCCO	B	-0.2%
AGCO	D	-0.14%
GGB	B	-0.11%
QFIN	A	-0.05%
ATHM	B	-0.04%
SKM	C	-0.04%
KT	C	-0.02%

DNL: Top Represented Industries & Keywords

Industries: Beverages - Wineries & Distilleries Computer Systems Oil & Gas Refining & Marketing Railroads