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Xtrackers MSCI All World ex US Hedged Equity ETF

DBAW
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jan 23 2014
Expense Ratio
0.41%
Type
Global Ex. US Equities
Fund Owner
DWS
Volume (1m avg. daily)
$653,125
AUM
$133,131,388
Associated Index
MSCI ACWI ex USA US Dollar Hedged Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

2330
TAIWAN SEMICONDUCTOR MANUFAC
1.79%
NESN
Nestle SA
1.36%
700
Tencent Holdings Ltd.
1.24%
ASML
ASML HOLDING NV
1.12%
MC
LVMH MOET HENNESSY LOUIS VUI
0.99%
005930
Samsung Electronics
0.97%
NOVOB
NOVO NORDISK A/S-B
0.94%
ROG
Roche Holding AG
0.88%
SHEL
SHELL PLC
0.86%
AZN
ASTRAZENECA PLC
0.81%
Invest with DBAW

What is DBAW?

Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW) seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI ACWI ex USA US Dollar Hedged Index. The Index is designed to provide exposure to equity securities in developed and emerging stock markets (excluding the U.S.), while at the same time mitigating exposure to fluctuations between the value of the U.S. dollar and selected non-U.S. currencies.

ETFs related toDBAW

ETFs correlated to DBAW include DBEF, HEFA, HFXI

DBAW
DBX ETF Trust - Xtrackers MSCI All World ex US Hedged Equity ETF
DBEF
DBX ETF Trust - Xtrackers MSCI EAFE Hedged Equity ETF
HEFA
BlackRock Institutional Trust Company N.A. - iShares Currency Hedged MSCI EAFE ETF
HFXI
IndexIQ ETF Trust - IQ FTSE International Equity Currency Neutral ETF
ACWX
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ex US ETF
CWI
SSgA Active Trust - SPDR MSCI ACWI ex-US ETF
VXUS
Vanguard Group, Inc. - Vanguard Total International Stock ETF
VEU
Vanguard Group, Inc. - Vanguard FTSE All-World ex-US ETF
VSGX
Vanguard Group, Inc. - Vanguard ESG International Stock ETF
IXUS
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Total International Stock ETF
CGXU
Capital Group Companies Inc - Capital Group International Focus Equity ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toDBAW

#TOTAL

The Total Package

Category

Getting Started, Go Global

Risk Rating

Moderate

#SWENS

The Swensen

Category

Classic

Risk Rating

Moderate

Create your own algorithmic trading strategy with DBAW using Composer

FAQ

DBAW is a Global Ex. US Equities ETF. Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW) seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI ACWI ex USA US Dollar Hedged Index. The Index is designed to provide exposure to equity securities in developed and emerging stock markets (excluding the U.S.), while at the same time mitigating exposure to fluctuations between the value of the U.S. dollar and selected non-U.S. currencies.

The top holdings for DBAW include TAIWAN SEMICONDUCTOR MANUFAC, Nestle SA, and Tencent Holdings Ltd..

DBAW has 2020 total holdings.

DBAW tracks the MSCI ACWI ex USA US Dollar Hedged Index.

No, DBAW is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, DBAW is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on DBAW is 0.0332%. This is the percent change in the value of DBAW over the most recent 1-month period. The 3-month return on DBAW is 0.0572%. This is the percent change in the value of DBAW over the most recent 3-month period.

The standard deviation of DBAW for the past year is 0.1937%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to DBAW include HAWX, EZU, and EEM.

ETFs correlated to DBAW include DBEF, HEFA, and HFXI.

ETFs that are inversely correlated to DBAW include EFZ, EPV, and EDZ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.