Xtrackers MSCI EAFE ESG Leaders Equity
ALTAR
Score™
6.7% info Recommen-
dation
UNDERWEIGHT
2019E    2020E
P/E
ratio
16.2x P/Sales
ratio
1.2x
P/BV
ratio
1.8x Div.
yield
3.3%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Xtrackers MSCI EAFE ESG Leaders Equity ETF seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI EAFE ESG Leaders Index. The index is designed to provide exposure to companies with high environmental, social and governance (ESG) performance relative to their sector peers.

FUND BASICS
Category International Equities
Fund Sponsor Deutsche Bank
Website dws.com
Inception date Sep 06, 2018
Assets (mns) $9
Currency USD
Expense ratio 14 bp
Distributions Semi-annual

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Market Cap
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 432
Wgt avg mkt cap (mns) $50,057
Large cap (>$10bn) 86.0%
Mid cap ($2-10bn) 13.3%
Small cap (<$2bn) 0.4%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
ROCHE HOLDING AG-GENUSSCHEIN 2.8 %
TOTAL SA 1.7 %
ASML HOLDING NV 1.5 %
GLAXOSMITHKLINE PLC 1.5 %
ALLIANZ SE-REG 1.4 %
NOVO NORDISK A/S-B 1.4 %
COMMONWEALTH BANK OF AUSTRAL 1.3 %
SIEMENS AG-REG 1.3 %
UNILEVER NV 1.2 %
CSL LIMITED 1.1 %
Total 15.2 %

TOP COUNTRY EXPOSURE
JAPAN 23.8 %
BRITAIN 12.0 %
FRANCE 9.6 %
AUSTRALIA 9.2 %
GERMANY 8.8 %
SWITZERLAND 7.7 %
NETHERLANDS 6.1 %
SPAIN 3.8 %
SWEDEN 3.4 %
DENMARK 2.7 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
19.1% 13.9% -- -- 3.6%

Market Correlations
versus... Beta R-squared
S&P500 0.83 86%
MSCI EAFE 1.04 98%
MSCI Emg. Mkts. 0.82 83%

Technical Indicators
Recent close $26.19
30d moving avg. $25.66
Annualized volatility 16.1%
Short interest (ETF) 0.4%
Relative strength (RSI) 77

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.3%
Bid/Ask (% of price) 0.29%
ADV underlying (mns) $23,043

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the Xtrackers MSCI EAFE ESG Leaders Equity ETF based on the alternatives' overlap in portfolio holdings with EASG. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: EASG Expense: 14 bp ALTAR Score™: 6.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH EASG
Ticker Fund
Name
Overlap1
vs EASG
(%)
Expense
ratio
(bp)
Savings
vs EASG
(bp)
ALTAR
Score™
(%)
ALTAR
vs EASG
(%)
ACSG Xtrackers MSCI ACWI ex USA ESG Leaders Equity 63.8 16 -2 7.1 +0.4
ESGD iShares MSCI EAFE ESG Optimized 60.4 20 -6 6.9 +0.2
EFG iShares MSCI EAFE Growth 52.3 40 -26 5.1 -1.7
EFAX SPDR MSCI EAFE Fossil Fuel Free 49.9 20 -6 7.2 +0.5
EFA iShares MSCI EAFE 48.4 31 -17 7.0 +0.3
IEV iShares S&P Europe 350 47.5 59 -45 6.4 -0.3
DBEF Xtrackers MSCI EAFE Hedged 47.3 35 -21 6.9 +0.2
HFXI IQ 50 Percent Hedged FTSE Int'l 46.7 20 -6 7.3 +0.5
QEFA SPDR MSCI EAFE Quality Mix 46.6 30 -16 6.6 -0.1
DBEU Xtrackers Europe Hedged 46.5 45 -31 6.5 -0.3
BBEU JPMorgan BetaBuilders Europe 45.9 9 5 6.9 +0.2
FLEE Franklin FTSE Europe 45.7 9 5 6.9 +0.2
HFXE IQ 50 PERCENT HEDGED FTSE EUROPE 45.5 30 -16 6.7 -0.0
FLEH Franklin FTSE Europe Hedged 45.2 9 5 6.9 +0.2
JHMD John Hancock Multifactor Developed International 44.7 45 -31 7.3 +0.5
PBDM Invesco PureBeta FTSE Developed ex-North America 44.1 7 7 7.6 +0.8
DOL WisdomTree Int'l Large Cap Dividend 41.7 48 -34 7.7 +1.0
IEFA iShares Core MSCI EAFE 41.5 7 7 7.1 +0.4
EFV iShares MSCI EAFE Value 41.4 38 -24 9.0 +2.3
IEUR iShares Core MSCI Europe 41.3 9 5 6.9 +0.2

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2014 2015 2016 2017 2018 2019E 2020E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2018 2019E 2020E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Xtrackers MSCI EAFE ESG Leaders Equity
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 11.6 %
Divided by: Fwd. P/BV 1.7 x
Less: Expense ratio 14 bp
Equals: ALTAR Score 6.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.66 CATEGORY
AVERAGE
1.63
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.