HDAW vs. GSEE ETF Comparison

Comparison of Deutsche X-trackers MSCI All World ex US High Dividend Yield Hedged Equity ETF (HDAW) to Goldman Sachs MarketBeta Emerging Markets Equity ETF (GSEE)

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 ^*

16

* may have additional holdings in another (foreign) market

GSEE

Goldman Sachs MarketBeta Emerging Markets Equity ETF

GSEE Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Solactive GBS Emerging Markets Large & Mid Cap Index. The fund invests at least 80% of its assets 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 consists of equity securities of large and mid-capitalization issuers covering approximately the largest 85% of the free-float market capitalization in emerging markets.

Grade (RS Rating)

Last Trade

$45.19

Average Daily Volume

1,213

Number of Holdings ^*

3

* may have additional holdings in another (foreign) market

Performance

Period	HDAW	GSEE
30 Days	3.93%	-1.66%
60 Days	0.14%	-1.02%
90 Days	6.00%	-0.10%
12 Months	12.16%	10.19%

0 Overlapping Holdings

	Symbol	Grade	Weight in HDAW	Weight in GSEE	Overlap

HDAW Overweight 16 Positions Relative to GSEE

	Symbol	Grade	Weight
	NVS	B	4.65%
	UL	A	3.06%
	STLA	F	0.95%
	VALE	D	0.83%
	HDEF	A	0.44%
	UMC	B	0.38%
	CHT	A	0.29%
	ABEV	C	0.22%
	SCCO	D	0.2%
	AGCO	D	0.14%
	DEM	D	0.13%
	GGB	C	0.11%
	QFIN	C	0.05%
	ATHM	C	0.04%
	SKM	A	0.04%
	KT	B	0.02%

HDAW Underweight 3 Positions Relative to GSEE

	Symbol	Grade	Weight
	BABA	C	-1.98%
	HDB	C	-1.33%
	IBN	B	-0.92%

HDAW: Top Represented Industries & Keywords

Industries: Telecom Services Auto Manufacturers Beverages - Brewers Copper Credit Services Drug Manufacturers - Major Farm & Construction Equipment Household & Personal Products Industrial Metals & Minerals Internet Content & Information Semiconductors Steel

Keywords: Broadband Information And Communications Technology Internet Access Phone Services Telephone Services Advertising Services Broadband Internet Cloud Computing Connection Services Dividend Yield ETF Exchange Traded Fund Interconnection Services Internet Access Services Iptv Mining Mobile Services Mobile Telecommunications Telecommunication Services Telecommunications

GSEE: Top Represented Industries & Keywords

Industries: Banks - Regional - Asia Specialty Retail

Keywords: Bank Banking Cash Management Investment Banking Retail Banking Advertising Inventory Business Loans Car Loans Cement Services Cheque Cloud Computing Commercial Banking Computing Platform Consumer Marketplace Corporate Advisory Services Currency Custodial Services Data Management Platform Database Services Deposit Products