DBGR ISSUER
The Xtrackers MSCI Germany Hedged Equity ETF (DBGR) is offered by the issuer, Xtrackers. This fund employs a passive investment strategy aiming to mirror the performance of the MSCI Germany 100% Hedged to USD Index, which is designed to track the German equity market while mitigating currency risk between the US dollar and the euro. Xtrackers employs a full replication indexing approach, directly investing in component securities of the Underlying Index, typically representing more than 80% of its total assets. As of July 31, 2022, the Underlying Index consisted of 60 securities, primarily composed of German issuers, with a focus on industries such as industrials, consumer discretionary, and financials. The fund also has the flexibility to engage in securities lending and employs currency hedging strategies to manage its exposure to the euro. Please note that this fund is not sponsored or endorsed by MSCI, and MSCI assumes no responsibility for it.
DBGR DIVIDEND
The Xtrackers MSCI Germany Hedged Equity ETF (DBGR) offers investors exposure to German equities while also addressing currency risk through hedging. When it comes to dividends, DBGR follows the distribution policies of the underlying MSCI Germany Index constituents. Dividends are typically distributed on a periodic basis, and eligibility depends on the dividend policies and performances of individual companies within the index. Investors seeking a combination of German equity exposure and potential dividend returns may consider DBGR for their portfolio.
DBGR TRACKING
Tracking the German Equity Market is the primary objective of the Xtrackers Germany Equity ETF (DBGR). This ETF follows a passive investment strategy that aims to mirror the performance of the Underlying Index, which is designed to represent the German equity market while minimizing exposure to fluctuations between the value of the US dollar and the euro. DBGR achieves this by employing a full replication indexing strategy, directly investing in the component securities of the Underlying Index. However, in certain situations where acquiring specific securities is challenging, the ETF may opt for a representative sampling indexing strategy. As of July 31, 2022, the Underlying Index comprised 60 securities, with an average market capitalization of approximately $18.07 billion and a minimum market capitalization of approximately $606.8 million. The fund typically maintains its focus on German issuers and instruments that hedge against euro exposure, and its sector concentration may align with the Underlying Index, potentially shifting over time. While DBGR is currently categorized as non-diversified, this status may change due to fluctuations in market capitalization or index weighting. Please note that DBGR and its securities are not affiliated with or endorsed by MSCI. Additionally, the ETF employs derivative instruments like currency contracts to hedge currency risk and may lend its portfolio securities to various financial institutions, receiving liquid collateral in return.
DBGR CORRELATION
The correlation aspect of the Xtrackers MSCI Germany Hedged Equity ETF (DBGR) primarily revolves around its performance in relation to the German equity market and its exposure to fluctuations between the value of the US dollar and the euro. Given its tracking of the MSCI Germany US Dollar Hedged Index, DBGR is expected to have a strong correlation with the German equity market while mitigating currency risk. Investors looking to gain exposure to German equities while hedging against currency fluctuations often turn to DBGR for portfolio diversification and risk management.
DBGR SECTOR
The Xtrackers Germany Equity ETF (DBGR) primarily focuses on tracking the performance of the German equity market while managing exposure to fluctuations between the US dollar and the euro. This ETF invests directly in a diversified portfolio of German equities, with a particular concentration in the industrials, consumer discretionary, and financials sectors. As of July 31, 2022, it consisted of 60 securities, with an average market capitalization of approximately $18.07 billion, offering investors exposure to the German economy and its key sectors. Additionally, the fund may use derivatives and securities lending to manage currency exposure and enhance returns.
DBGR EXPOSURE
The exposure characteristic of the Xtrackers MSCI All World ex U.S. Hedged Equity ETF (DBGR) focuses on providing investors with exposure to global equity markets while mitigating currency risk. This ETF primarily tracks the MSCI All Country World ex USA Index and seeks to offer a diversified investment approach that excludes U.S. equities. By doing so, DBGR provides access to international markets across various regions and sectors, making it a valuable tool for investors looking to diversify their portfolios outside of the United States.For a detailed analysis of DBGR's exposure, including insights into regional allocations, sector weightings, and correlations with other assets, ETF Insider's web app offers a comprehensive visualization tool. This tool allows investors to gain a deeper understanding of DBGR's portfolio composition and performance, making informed decisions about their international investment strategies.
5 min read
