VIGI vs. DBJP ETF Comparison

Comparison of Vanguard International Dividend Appreciation ETF (VIGI) to db-X trackers MSCI Japan Hedged Equity Fund (DBJP)

VIGI

Vanguard International Dividend Appreciation ETF

VIGI Description

Vanguard International Dividend Appreciation ETF seeks to track the performance of the NASDAQ International Dividend Achievers Select Index, which focuses on high quality companies located in developed and emerging markets, excluding the United States, that have both the ability and the commitment to grow their dividends over time. The fund attempts to replicate the target index by investing all, or substantially all, of its assets in the broadly diversified collection of securities that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The experience and stability of Vanguard%u2019s Equity Index Group have permitted continuous refinement of techniques for reducing tracking error. The group uses proprietary software to implement trading decisions that accommodate cash flow and maintain close correlation with the indexs key characteristics. Vanguards refined indexing process, combined with low management fees and efficient trading, has provided tight tracking, net of expenses.

Grade (RS Rating)

Last Trade

$82.58

Average Daily Volume

209,500

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DBJP

db-X trackers MSCI Japan Hedged Equity Fund

DBJP Description

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

Grade (RS Rating)

Last Trade

$73.93

Average Daily Volume

24,260

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VIGI	DBJP
30 Days	-2.49%	3.91%
60 Days	-5.80%	3.46%
90 Days	-5.19%	2.79%
12 Months	12.64%	20.92%

3 Overlapping Holdings

Symbol	Grade	Weight in VIGI	Weight in DBJP	Overlap
MBAVU	D	0.1%	0.09%	0.09%
SMFG	B	1.89%	2.24%	1.89%
SONY	B	2.48%	2.96%	2.48%

VIGI Overweight 6 Positions Relative to DBJP

Symbol	Grade	Weight
NVS	D	3.96%
DEO	F	1.55%
CNI	D	1.35%
LOGI	D	0.29%
OTEX	D	0.18%
MNTX	C	0.02%

VIGI Underweight 6 Positions Relative to DBJP

Symbol	Grade	Weight
TM	D	-4.51%
MUFG	B	-3.29%
MFG	B	-1.4%
HMC	F	-0.98%
NMR	B	-0.45%
AGCO	D	-0.15%