SPWO vs. DBEU ETF Comparison

Comparison of SP Funds S&P World (ex-US) ETF (SPWO) to db X-Trackers MSCI Europe Hedged Equity Fund (DBEU)

SPWO

SP Funds S&P World (ex-US) ETF

SPWO Description

The Shariah World Index is designed to measure the performance of companies located in developed and emerging markets outside of the United States that pass rules-based screens for adherence to shariah investment guidelines, with a cap applied to ensure diversification among companies in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.90

Average Daily Volume

9,860

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$42.29

Average Daily Volume

47,603

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPWO	DBEU
30 Days	0.99%	1.52%
60 Days	3.83%	1.96%
90 Days	3.61%	1.40%
12 Months		17.24%

1 Overlapping Holdings

	Symbol	Grade	Weight in SPWO	Weight in DBEU	Overlap
	NVS	C	1.95%	1.97%	1.95%

SPWO Overweight 6 Positions Relative to DBEU

Symbol	Grade	Weight
TSM	C	15.31%
NVO	C	3.62%
AZN	D	2.2%
SAP	B	1.83%
INFY	C	1.78%
PDD	F	1.51%

SPWO Underweight 11 Positions Relative to DBEU

Symbol	Grade	Weight
UL	C	-1.41%
ABBV	C	-0.74%
DEO	C	-0.62%
LYG	B	-0.41%
BCS	B	-0.36%
E	C	-0.3%
STLA	F	-0.28%
CCEP	B	-0.15%
AER	B	-0.15%
LOGI	D	-0.11%
QGEN	C	-0.08%

SPWO: Top Represented Industries & Keywords

Industries: Drug Manufacturers - Major Biotechnology Information Technology Services Semiconductors Software - Application Specialty Retail