Is DBAW a good investment?

Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW) is a developed ex-US international ETF. As of September 11, 2026, ETF Copilot scores DBAW 6.9 out of 10 — highest on Risk (8.5), lowest on Valuation (3.6). It trades at 16.3 times earnings, against its own median of 13.9. Its ten largest holdings are 17% of the fund.

Updated September 11, 2026

How is DBAW rated? ETF Copilot scores Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW) 6.9 out of 10

As of September 11, 2026, ETF Copilot scores Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW) 6.9 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 6.9 / 10
Growth: 8.2 / 10
Valuation: 3.6 / 10
Risk: 8.5 / 10
Quality: 6.8 / 10
Return: 6.6 / 10

What is DBAW's expense ratio? 0.40% a year

As of September 11, 2026, DBAW charges 0.40% a year, yields 2.68% and holds $322M in assets across 1636 positions.

Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW) — cost, income and size
Measure	DBAW
Expense ratio	0.40%
Dividend yield	2.68%
Assets under management	$322M
Holdings	1636

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.

What stands out in DBAW's data

International equities outside the U.S., hedged back to the dollar.

Has returned more than the typical developed-ex-US fund over three years — a run that currency hedging helped preserve.

A 21% annualized return over three years sits ahead of the 20% category median. It holds 1,636 stocks across developed markets, with trailing P/E multiple of 16.3x.

Adds non-U.S. exposure without the currency swings that most international funds carry.

Why did DBAW move this week? It fell 1.1% in the week to September 11, 2026 — Novartis and Shopify drove it

DBAW fell 1.1% in the week to September 11, 2026. The holdings that moved it most were Novartis (−15.2%), Shopify (−11.5%) and Novo Nordisk A/S-B (−9.3%); SK Hynix (+14.8%) pushed the other way.

Is DBAW expensive right now? It trades at 16.3 times earnings, against its own median of 13.9

As of September 11, 2026, DBAW is more expensive than 83% of its own 114 monthly readings since 2017 — 95 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside DBAW? 17% Tech

What's inside DBAW: Size (Large 66%, Mid 24%, Small 10%); Geography (International 95%, US 5%); Tech 16.8%; AI 1.1%; Semiconductors 7.4%; Memory 6.9%.

What are DBAW's top holdings? The ten largest are 17% of the fund

Taiwan Semiconductor, Samsung Electronics, SK Hynix, ASML, HSBC, Tencent, Roche Holding AG Part, Royal Bank of Canada, Shell and Mitsubishi UFJ Financial are DBAW's largest holdings, in that order.

More concentrated than 59% of Developed ex-US ETFs.

Half of DBAW's weight sits in its 117 largest positions, and once those weights are taken into account it behaves like 160 equally weighted holdings.

Cite this

ETF Copilot, “Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/dbaw