DBAW
Xtrackers MSCI All World ex US Hedged Equity ETF
📎 Investment Objective
The Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the MSCI ACWI ex USA US Dollar Hedged Index.
Overview
ETF tracking Xtrackers MSCI All World ex US Hedged Equity ETF
Performance
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Investment Summary
📎 Investment Objective
The Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the MSCI ACWI ex USA US Dollar Hedged Index.
🎯 Investment Strategy
The fund invests in a representative sample of securities included in the underlying index and uses currency forwards to hedge the currency exposure of the non-US dollar denominated securities in the index back to the US dollar.
✨ Key Features
- Provides exposure to large- and mid-cap stocks from developed and emerging markets outside the US
- Currency hedged to mitigate the impact of fluctuations in the value of foreign currencies relative to the US dollar
- Low expense ratio of 0.00%
- Tracks the MSCI ACWI ex USA US Dollar Hedged Index
⚠️ Primary Risks
- Market risk: The value of the fund's holdings may decline due to general market and economic conditions
- Currency risk: The fund's currency hedging strategy may not fully offset the impact of currency fluctuations
- Emerging markets risk: Investing in emerging markets may involve greater risks than investing in more developed markets
- Tracking error risk: The fund may not perfectly track the performance of its underlying index
👤 Best For
This ETF may be suitable for investors seeking broad international equity exposure with currency hedging to reduce the impact of foreign exchange rate fluctuations. It can be used as a core holding or to complement a diversified portfolio.
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