Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW) is a developed ex-US international ETF. As of October 28, 2026, ETF Copilot scores DBAW 6.4 out of 10 — highest on Risk (8.9), lowest on Value (4.1). It trades at 15.7 times earnings, against its own median of 15.5. Its ten largest holdings are 16% of the fund.
What stands out in DBAW's data
International equities outside the U.S., hedged back to the dollar.
Recent returns land among the best in its peer group — a strong run for a broad global portfolio.
A 3-year annualized return of 22% sits in the top 20% of developed ex-U.S. funds. Holdings 1,698 stocks across markets, though its EBITDA multiple of 10.4x runs a touch above the category norm of 10.1x.
Adds non-U.S. exposure without the currency swings that most international funds carry.
How is DBAW rated? ETF Copilot scores Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW) 6.4 out of 10
As of October 28, 2026, ETF Copilot scores Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW) 6.4 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 6.4 / 10
- Growth: 6.7 / 10
- Value: 4.1 / 10
- Risk: 8.9 / 10
- Quality: 5.7 / 10
- Return: 6.4 / 10
Is DBAW expensive right now? It trades at 15.7 times earnings, against its own median of 15.5
As of October 28, 2026, DBAW is more expensive than 58% of its own last 9 years.
Trailing 12 months, built from DBAW's holdings. How we calculate this →
What's inside DBAW? 21% Tech
What's inside DBAW: Size (Large 76%, Mid 24%, Small 1%); Geography (International 100%, US 0%); Tech 21.4%; AI 0.6%; Semiconductors 11.6%; Memory 6.2%.
What are DBAW's top holdings? The ten largest are 16% of the fund
Taiwan Semiconductor, Samsung Electronics, ASML, SK Hynix, Roche Holding AG Part, HSBC, Shell, Tencent, Royal Bank of Canada and Novartis are DBAW's largest holdings, in that order.
More concentrated than 56% of Developed ex-US ETFs.
Half of DBAW's weight sits in its 120 largest positions, and once those weights are taken into account it behaves like 172 equally weighted holdings.
What is DBAW's expense ratio? 0.40% a year
As of October 28, 2026, DBAW charges 0.40% a year, yields 1.72% and holds $339M in assets across 1698 positions.
| Measure | DBAW |
|---|---|
| Expense ratio | 0.40% |
| Dividend yield | 1.72% |
| Assets under management | $339M |
| Holdings | 1698 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/dbaw
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