UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
FORM N-CSR
Investment Company Act file number: 811-07507
Deutsche DWS Investments VIT Funds
(Exact Name of Registrant as Specified in Charter)
875 Third Avenue
New York, NY 10022-6225
(Address of Principal Executive Offices) (Zip Code)
Registrant’s Telephone Number, including Area Code: (212) 454-4500
Diane Kenneally
100 Summer Street
Boston, MA 02110
(Name and Address of Agent for Service)
Date of fiscal year end: | 12/31 |
Date of reporting period: | 12/31/2022 |
ITEM 1. | REPORT TO STOCKHOLDERS |
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DWS Distributors, Inc., 222 South Riverside Plaza, Chicago, IL 60606, (800) 621-1148
NOT FDIC/NCUA INSURED NO BANK GUARANTEE MAY LOSE VALUE
NOT A DEPOSIT NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
2 | | DWS Small Cap Index VIP |
Comparative Results | |||||
DWS Small Cap Index VIP | 1-Year | 3-Year | 5-Year | 10-Year | |
Class A | Growth of $10,000 | $7,936 | $10,853 | $12,064 | $23,126 |
Average annual total return | –20.64% | 2.77% | 3.82% | 8.75% | |
Russell 2000 Index | Growth of $10,000 | $7,956 | $10,959 | $12,241 | $23,696 |
Average annual total return | –20.44% | 3.10% | 4.13% | 9.01% | |
DWS Small Cap Index VIP | 1-Year | 3-Year | 5-Year | 10-Year | |
Class B | Growth of $10,000 | $7,911 | $10,757 | $11,899 | $22,517 |
Average annual total return | –20.89% | 2.46% | 3.54% | 8.46% | |
Russell 2000 Index | Growth of $10,000 | $7,956 | $10,959 | $12,241 | $23,696 |
Average annual total return | –20.44% | 3.10% | 4.13% | 9.01% | |
The growth of $10,000 is cumulative. |
DWS Small Cap Index VIP | | 3 |
4 | | DWS Small Cap Index VIP |
DWS Small Cap Index VIP | | 5 |
Asset Allocation (As a % of Investment Portfolio excluding Securities Lending Collateral) | 12/31/22 | 12/31/21 |
Common Stocks | 97% | 97% |
Cash Equivalents | 3% | 3% |
Short-Term U.S. Treasury Obligation | 0% | 0% |
Rights | 0% | 0% |
Other Investments | 0% | — |
Corporate Bonds | — | 0% |
Warrants | — | 0% |
100% | 100% |
Sector Diversification (As a % of Common Stocks, Rights, Warrants and Corporate Bonds) | 12/31/22 | 12/31/21 |
Financials | 17% | 16% |
Health Care | 17% | 18% |
Industrials | 16% | 15% |
Information Technology | 13% | 15% |
Consumer Discretionary | 10% | 11% |
Energy | 7% | 4% |
Real Estate | 6% | 7% |
Materials | 4% | 4% |
Consumer Staples | 4% | 4% |
Utilities | 3% | 3% |
Communication Services | 3% | 3% |
100% | 100% |
Ten Largest Equity Holdings at December 31, 2022 (2.8% of Net Assets) | |
1Halozyme Therapeutics, Inc. | 0.3% |
Develops and commercializes recombant human enzymes for the infertility | |
2Shockwave Medical, Inc. | 0.3% |
Manufacturer of medical devices | |
3Inspire Medical Systems, Inc. | 0.3% |
Provider of neurostimulation technology | |
4EMCOR Group, Inc. | 0.3% |
Provider of mechanical and electrical construction services | |
5Crocs, Inc. | 0.3% |
Designer of casual lifestyle footwear and accessories | |
6Matador Resources Co. | 0.3% |
Engages in exploration, development and production of oil and natural gas resources | |
7Iridium Communications, Inc. | 0.3% |
Provider of mobile satellite communications services | |
8Murphy Oil Corp. | 0.3% |
Producer of crude oil, natural gas and natural gas liquids | |
9Agree Realty Corp. | 0.2% |
Real estate investment trust primarily engaged in development of properties | |
10Texas Roadhouse, Inc. | 0.2% |
Provider of steaks and ribs to made from scratch sides and fresh baked rolls |
6 | | DWS Small Cap Index VIP |
Shares | Value ($) | ||
Common Stocks 96.8% | |||
Communication Services 2.5% | |||
Diversified Telecommunication Services 0.6% | |||
Anterix, Inc.* | 2,774 | 89,239 | |
ATN International, Inc. | 1,692 | 76,664 | |
Bandwidth, Inc. "A"* | 3,708 | 85,099 | |
Charge Enterprises, Inc.* | 18,975 | 23,529 | |
Cogent Communications Holdings, Inc. | 6,602 | 376,842 | |
Consolidated Communications Holdings, Inc.* | 11,043 | 39,534 | |
EchoStar Corp. "A"* | 5,047 | 84,184 | |
Globalstar, Inc.* | 103,400 | 137,522 | |
IDT Corp. "B"* | 2,365 | 66,622 | |
Iridium Communications, Inc.* | 19,310 | 992,534 | |
Liberty Latin America Ltd. "A"* | 5,656 | 42,590 | |
Liberty Latin America Ltd. "C"* | 22,714 | 172,626 | |
Ooma, Inc.* | 3,382 | 46,063 | |
Radius Global Infrastructure, Inc. "A"* | 11,880 | 140,422 | |
2,373,470 | |||
Entertainment 0.3% | |||
Cinemark Holdings, Inc.* | 17,034 | 147,514 | |
IMAX Corp.* | 7,453 | 109,261 | |
Liberty Media Corp.-Liberty Braves "A"* | 1,542 | 50,377 | |
Liberty Media Corp.-Liberty Braves "C"* | 5,778 | 186,225 | |
Lions Gate Entertainment Corp. "A"* | 8,670 | 49,506 | |
Lions Gate Entertainment Corp. "B"* | 18,368 | 99,738 | |
Madison Square Garden Entertainment Corp.* | 4,069 | 182,983 | |
Marcus Corp. | 3,895 | 56,049 | |
Playstudios, Inc.* | 13,073 | 50,723 | |
Reservoir Media, Inc.* | 2,965 | 17,701 | |
Skillz, Inc.* | 46,481 | 23,543 | |
973,620 | |||
Interactive Media & Services 0.7% | |||
Arena Group Holdings, Inc.* | 1,641 | 17,411 | |
Bumble, Inc. "A"* | 13,142 | 276,639 | |
Cargurus, Inc.* | 15,608 | 218,668 | |
Cars.com, Inc.* | 10,199 | 140,440 | |
DHI Group, Inc.* | 6,256 | 33,094 | |
Eventbrite, Inc. "A"* | 11,641 | 68,216 | |
EverQuote, Inc. "A"* | 2,904 | 42,805 | |
fuboTV, Inc.* (a) | 30,481 | 53,037 | |
Leafly Holdings, Inc.* | 4,719 | 3,076 | |
MediaAlpha, Inc. "A"* | 3,681 | 36,626 |
Shares | Value ($) | ||
Outbrain, Inc.* | 5,774 | 20,902 | |
QuinStreet, Inc.* | 7,716 | 110,725 | |
Shutterstock, Inc. | 3,700 | 195,064 | |
TrueCar, Inc.* | 12,198 | 30,617 | |
Vimeo, Inc.* | 21,586 | 74,040 | |
Vinco Ventures, Inc.* | 34,238 | 15,887 | |
Wejo Group Ltd.* | 12,579 | 6,051 | |
Yelp, Inc.* | 10,506 | 287,234 | |
Ziff Davis, Inc.* | 7,031 | 556,152 | |
Ziprecruiter, Inc. "A"* | 11,441 | 187,861 | |
2,374,545 | |||
Media 0.8% | |||
Adtheorent Holding Co., Inc.* | 4,840 | 8,034 | |
Advantage Solutions, Inc.* | 12,640 | 26,291 | |
AMC Networks, Inc. "A"* | 4,553 | 71,346 | |
Audacy, Inc. "A"* | 18,721 | 4,214 | |
Boston Omaha Corp. "A"* | 3,508 | 92,962 | |
Cardlytics, Inc.* | 5,043 | 29,149 | |
Clear Channel Outdoor Holdings, Inc.* | 55,033 | 57,785 | |
Cumulus Media, Inc. "A"* | 2,679 | 16,637 | |
Daily Journal Corp.* | 185 | 46,344 | |
Entravision Communications Corp. "A" | 9,050 | 43,440 | |
Gambling.com Group Ltd.* | 1,262 | 11,547 | |
Gannett Co., Inc.* | 21,472 | 43,588 | |
Gray Television, Inc. | 12,907 | 144,429 | |
iHeartMedia, Inc. "A"* | 18,338 | 112,412 | |
Innovid Corp.* | 11,008 | 18,824 | |
Integral Ad Science Holding Corp.* | 5,921 | 52,046 | |
John Wiley & Sons, Inc. "A" | 6,687 | 267,881 | |
Loyalty Ventures, Inc.* | 2,900 | 6,989 | |
Magnite, Inc.* | 20,382 | 215,845 | |
PubMatic, Inc. "A"* | 6,865 | 87,941 | |
Scholastic Corp. | 4,632 | 182,779 | |
Sinclair Broadcast Group, Inc. "A" | 6,036 | 93,618 | |
Stagwell, Inc.* | 11,629 | 72,216 | |
TechTarget, Inc.* | 4,186 | 184,435 | |
TEGNA, Inc. | 34,381 | 728,533 | |
The E.W. Scripps Co. "A"* | 8,852 | 116,758 | |
Thryv Holdings, Inc.* | 3,789 | 71,991 | |
Urban One, Inc.* | 2,940 | 11,997 | |
WideOpenWest, Inc.* | 8,558 | 77,963 | |
2,897,994 | |||
Wireless Telecommunication Services 0.1% | |||
Gogo, Inc.* | 7,530 | 111,143 | |
Kore Group Holdings, Inc.* | 8,320 | 10,483 | |
Shenandoah Telecommunications Co. | 7,345 | 116,639 |
DWS Small Cap Index VIP | | 7 |
Shares | Value ($) | ||
Telephone & Data Systems, Inc. | 15,859 | 166,361 | |
U.S. Cellular Corp.* | 2,166 | 45,161 | |
449,787 | |||
Consumer Discretionary 10.1% | |||
Auto Components 1.3% | |||
Adient PLC* | 14,552 | 504,809 | |
American Axle & Manufacturing Holdings, Inc.* | 17,640 | 137,945 | |
Dana, Inc. | 19,678 | 297,728 | |
Dorman Products, Inc.* | 4,068 | 328,979 | |
Fox Factory Holding Corp.* | 6,495 | 592,539 | |
Gentherm, Inc.* | 5,114 | 333,893 | |
Goodyear Tire & Rubber Co.* | 43,490 | 441,423 | |
Holley, Inc.* | 7,454 | 15,802 | |
LCI Industries | 3,848 | 355,748 | |
Luminar Technologies, Inc.* (a) | 38,520 | 190,674 | |
Modine Manufacturing Co.* | 7,707 | 153,061 | |
Motorcar Parts of America, Inc.* | 2,880 | 34,157 | |
Patrick Industries, Inc. | 3,343 | 202,586 | |
Solid Power, Inc.* | 21,813 | 55,405 | |
Standard Motor Products, Inc. | 3,205 | 111,534 | |
Stoneridge, Inc.* | 3,902 | 84,127 | |
Visteon Corp.* | 4,279 | 559,822 | |
XPEL, Inc.* | 3,331 | 200,060 | |
4,600,292 | |||
Automobiles 0.2% | |||
Canoo, Inc.* (a) | 28,550 | 35,117 | |
Cenntro Electric Group Ltd.* | 26,663 | 11,732 | |
Faraday Future Intelligent Electric, Inc.* | 38,811 | 11,267 | |
Fisker, Inc.* (a) | 27,760 | 201,815 | |
Lordstown Motors Corp. "A"* (a) | 29,849 | 34,028 | |
Mullen Automotive, Inc.* | 47,938 | 13,710 | |
Winnebago Industries, Inc. | 4,619 | 243,421 | |
Workhorse Group, Inc.* | 22,127 | 33,633 | |
584,723 | |||
Distributors 0.0% | |||
Funko, Inc. "A"* | 5,241 | 57,179 | |
Weyco Group, Inc. | 864 | 18,282 | |
75,461 | |||
Diversified Consumer Services 0.9% | |||
2U, Inc.* | 11,937 | 74,845 | |
Adtalem Global Education, Inc.* | 6,817 | 242,004 | |
American Public Education, Inc.* | 2,855 | 35,088 | |
Beachbody Co., Inc.* | 15,120 | 7,953 | |
Carriage Services, Inc. | 2,062 | 56,787 | |
Chegg, Inc.* | 19,018 | 480,585 | |
Coursera, Inc.* | 17,454 | 206,481 |
Shares | Value ($) | ||
Duolingo, Inc.* | 3,602 | 256,210 | |
European Wax Center, Inc. "A" | 3,571 | 44,459 | |
Frontdoor, Inc.* | 12,675 | 263,640 | |
Graham Holdings Co. "B" | 564 | 340,774 | |
Laureate Education, Inc. "A" | 20,354 | 195,805 | |
Nerdy, Inc.* | 7,839 | 17,638 | |
OneSpaWorld Holdings Ltd.* | 10,106 | 94,289 | |
Perdoceo Education Corp.* | 10,326 | 143,531 | |
Rover Group, Inc.* | 14,899 | 54,679 | |
Strategic Education, Inc. | 3,518 | 275,530 | |
Stride, Inc.* | 6,299 | 197,033 | |
Udemy, Inc.* | 11,384 | 120,101 | |
Universal Technical Institute, Inc.* | 4,722 | 31,732 | |
Vivint Smart Home, Inc.* | 14,703 | 174,966 | |
WW International, Inc.* | 8,087 | 31,216 | |
3,345,346 | |||
Hotels, Restaurants & Leisure 2.3% | |||
Accel Entertainment, Inc.* | 8,558 | 65,897 | |
Bally's Corp.* | 5,508 | 106,745 | |
Biglari Holdings, Inc. "B"* | 102 | 14,158 | |
BJ's Restaurants, Inc.* | 3,439 | 90,721 | |
Bloomin' Brands, Inc. | 13,467 | 270,956 | |
Bluegreen Vacations Holding Corp | 1,862 | 46,475 | |
Bowlero Corp.* (a) | 4,654 | 62,736 | |
Brinker International, Inc.* | 6,741 | 215,105 | |
Century Casinos, Inc.* | 4,231 | 29,744 | |
Chuy's Holdings, Inc.* | 2,811 | 79,551 | |
Cracker Barrel Old Country Store, Inc. | 3,444 | 326,285 | |
Dave & Buster's Entertainment, Inc.* | 6,565 | 232,664 | |
Denny's Corp.* | 8,468 | 77,990 | |
Dine Brands Global, Inc. | 2,248 | 145,221 | |
El Pollo Loco Holdings, Inc. | 3,120 | 31,075 | |
Everi Holdings, Inc.* | 13,184 | 189,190 | |
F45 Training Holdings, Inc.* | 5,639 | 16,071 | |
First Watch Restaurant Group, Inc.* | 2,572 | 34,799 | |
Full House Resorts, Inc.* | 4,990 | 37,525 | |
Golden Entertainment, Inc.* | 3,085 | 115,379 | |
Hilton Grand Vacations, Inc.* | 13,307 | 512,852 | |
Inspirato, Inc.* | 3,295 | 3,921 | |
Inspired Entertainment, Inc.* | 3,227 | 40,886 | |
International Game Technology PLC | 15,163 | 343,897 | |
Jack in the Box, Inc. | 3,222 | 219,837 | |
Krispy Kreme, Inc. | 11,157 | 115,140 | |
Kura Sushi USA, Inc. "A"* | 713 | 33,996 | |
Life Time Group Holdings, Inc.* | 6,510 | 77,860 | |
Light & Wonder, Inc. "A"* | 14,583 | 854,564 | |
Lindblad Expeditions Holdings, Inc.* | 5,451 | 41,973 | |
Monarch Casino & Resort, Inc.* | 2,019 | 155,241 |
8 | | DWS Small Cap Index VIP |
Shares | Value ($) | ||
NEOGAMES SA* | 1,937 | 23,612 | |
Noodles & Co.* | 6,217 | 34,131 | |
Papa John's International, Inc. | 5,016 | 412,867 | |
Portillo's, Inc. "A"* | 4,481 | 73,130 | |
RCI Hospitality Holdings, Inc. | 1,342 | 125,061 | |
Red Rock Resorts, Inc. "A" | 7,868 | 314,799 | |
Rush Street Interactive, Inc.* | 9,089 | 32,629 | |
Ruth's Hospitality Group, Inc. | 4,945 | 76,549 | |
SeaWorld Entertainment, Inc.* | 6,135 | 328,284 | |
Shake Shack, Inc. "A"* | 5,736 | 238,216 | |
Sonder Holdings, Inc.* (a) | 28,237 | 35,014 | |
Sweetgreen, Inc. "A"* | 13,832 | 118,540 | |
Target Hospitality Corp.* | 4,439 | 67,206 | |
Texas Roadhouse, Inc. | 10,323 | 938,877 | |
The Cheesecake Factory, Inc. (a) | 7,519 | 238,427 | |
The ONE Group Hospitality, Inc.* | 3,589 | 22,611 | |
Vacasa, Inc. "A"* | 16,417 | 20,685 | |
Wingstop, Inc. | 4,629 | 637,043 | |
Xponential Fitness, Inc. "A"* | 2,713 | 62,209 | |
8,388,344 | |||
Household Durables 1.5% | |||
Aterian, Inc.* | 8,813 | 6,789 | |
Beazer Homes U.S.A., Inc.* | 4,420 | 56,399 | |
Cavco Industries, Inc.* | 1,374 | 310,867 | |
Century Communities, Inc. | 4,388 | 219,444 | |
Dream Finders Homes, Inc. "A"* | 3,050 | 26,413 | |
Ethan Allen Interiors, Inc. | 3,564 | 94,161 | |
GoPro, Inc. "A"* | 19,479 | 97,005 | |
Green Brick Partners, Inc.* | 4,287 | 103,874 | |
Helen of Troy Ltd.* | 3,644 | 404,156 | |
Hovnanian Enterprises, Inc. "A"* | 785 | 33,033 | |
Installed Building Products, Inc. | 3,690 | 315,864 | |
iRobot Corp.* (a) | 4,098 | 197,237 | |
KB Home | 11,941 | 380,321 | |
Landsea Homes Corp.* | 1,234 | 6,429 | |
La-Z-Boy, Inc. | 6,545 | 149,357 | |
Legacy Housing Corp.* | 1,257 | 23,833 | |
LGI Homes, Inc.* | 3,137 | 290,486 | |
Lifetime Brands, Inc. | 1,845 | 14,003 | |
Lovesac Co.* | 2,105 | 46,331 | |
M.D.C. Holdings, Inc. | 8,767 | 277,037 | |
M/I Homes, Inc.* | 4,115 | 190,031 | |
Meritage Homes Corp.* | 5,571 | 513,646 | |
Purple Innovation, Inc.* | 8,614 | 41,261 | |
Skyline Champion Corp.* | 8,243 | 424,597 | |
Snap One Holdings Corp.* | ��� 2,554 | 18,925 | |
Sonos, Inc.* | 19,838 | 335,262 | |
Taylor Morrison Home Corp.* | 16,116 | 489,121 | |
Traeger, Inc.* | 4,481 | 12,636 | |
Tri Pointe Home, Inc.* | 15,466 | 287,513 |
Shares | Value ($) | ||
Tupperware Brands Corp.* | 6,612 | 27,374 | |
Universal Electronics, Inc.* | 2,018 | 41,994 | |
Vizio Holding Corp. "A"* | 10,882 | 80,636 | |
Vuzix Corp.* (a) | 8,950 | 32,578 | |
Weber, Inc. "A" | 4,014 | 32,313 | |
5,580,926 | |||
Internet & Direct Marketing Retail 0.3% | |||
1-800-Flowers.com, Inc. "A"* | 3,967 | 37,925 | |
1stdibs.com, Inc.* | 3,586 | 18,217 | |
aka Brands Holding Corp.* | 1,491 | 1,894 | |
Bark, Inc.* | 17,690 | 26,358 | |
Boxed, Inc.* | 7,574 | 1,476 | |
CarParts.com, Inc.* | 7,729 | 48,384 | |
ContextLogic, Inc. "A"* | 85,728 | 41,810 | |
Duluth Holdings, Inc. "B"* | 1,836 | 11,346 | |
Groupon, Inc.* (a) | 3,131 | 26,864 | |
Lands' End, Inc.* | 2,303 | 17,480 | |
Liquidity Services, Inc.* | 3,782 | 53,175 | |
Lulu's Fashion Lounge Holdings, Inc.* | 2,379 | 5,971 | |
Overstock.com, Inc.* | 6,463 | 125,124 | |
PetMed Express, Inc. | 3,056 | 54,091 | |
Porch Group, Inc.* | 12,419 | 23,348 | |
Poshmark, Inc. "A"* | 7,014 | 125,410 | |
Quotient Technology, Inc.* | 14,842 | 50,908 | |
Qurate Retail, Inc.* | 55,409 | 90,317 | |
RealReal, Inc.* | 12,086 | 15,107 | |
Rent the Runway, Inc. "A"* | 6,771 | 20,652 | |
Revolve Group, Inc.* | 6,394 | 142,330 | |
Rumbleon, Inc. "B"* | 1,503 | 9,724 | |
Stitch Fix, Inc. "A"* | 13,774 | 42,837 | |
Thredup, Inc. "A"* | 8,498 | 11,132 | |
Vivid Seats, Inc. "A"* | 3,593 | 26,229 | |
Xometry, Inc. "A"* (a) | 5,266 | 169,723 | |
1,197,832 | |||
Leisure Products 0.4% | |||
Acushnet Holdings Corp. | 5,158 | 219,009 | |
AMMO, Inc.* (a) | 13,274 | 22,964 | |
Clarus Corp. | 4,329 | 33,939 | |
Johnson Outdoors, Inc. "A" | 820 | 54,218 | |
Latham Group, Inc.* | 6,257 | 20,148 | |
Malibu Boats, Inc. "A"* | 3,102 | 165,337 | |
Marine Products Corp. | 1,244 | 14,642 | |
MasterCraft Boat Holdings, Inc.* | 2,825 | 73,083 | |
Smith & Wesson Brands, Inc. | 6,752 | 58,607 | |
Solo Brands, Inc. "A"* | 3,177 | 11,818 | |
Sturm, Ruger & Co., Inc. | 2,702 | 136,775 | |
Topgolf Callaway Brands Corp.* | 21,459 | 423,815 | |
Vista Outdoor, Inc.* | 8,526 | 207,779 | |
1,442,134 | |||
Multiline Retail 0.1% | |||
Big Lots, Inc. | 4,243 | 62,372 |
DWS Small Cap Index VIP | | 9 |
Shares | Value ($) | ||
Dillard's, Inc. "A" | 609 | 196,829 | |
Franchise Group, Inc. | 4,140 | 98,615 | |
357,816 | |||
Specialty Retail 2.4% | |||
Aaron's Co., Inc. | 4,900 | 58,555 | |
Abercrombie & Fitch Co. "A"* | 7,453 | 170,748 | |
Academy Sports & Outdoors, Inc. | 11,903 | 625,384 | |
American Eagle Outfitters, Inc. | 23,875 | 333,295 | |
America's Car-Mart, Inc.* | 895 | 64,673 | |
Arko Corp. | 12,791 | 110,770 | |
Asbury Automotive Group, Inc.* | 3,421 | 613,214 | |
Bed Bath & Beyond, Inc.* (a) | 11,988 | 30,090 | |
Big 5 Sporting Goods Corp. (a) | 3,195 | 28,212 | |
Boot Barn Holdings, Inc.* | 4,595 | 287,279 | |
Build-a-bear Workshop, Inc.* | 2,068 | 49,301 | |
Caleres, Inc. | 5,327 | 118,686 | |
Camping World Holdings, Inc. "A" (a) | 6,094 | 136,018 | |
Cato Corp. "A" | 2,598 | 24,239 | |
Chico's FAS, Inc.* | 18,439 | 90,720 | |
Citi Trends, Inc.* | 1,210 | 32,041 | |
Conn's, Inc.* | 1,882 | 12,948 | |
Designer Brands, Inc. "A" | 7,715 | 75,453 | |
Destination XL Group, Inc.* | 8,701 | 58,732 | |
Evgo, Inc.* (a) | 10,243 | 45,786 | |
Express, Inc.* | 9,296 | 9,482 | |
Foot Locker, Inc. | 12,394 | 468,369 | |
Genesco, Inc.* | 2,001 | 92,086 | |
Group 1 Automotive, Inc. | 2,168 | 391,042 | |
GrowGeneration Corp.* | 8,491 | 33,285 | |
Guess?, Inc. | 4,870 | 100,760 | |
Haverty Furniture Companies, Inc. | 2,198 | 65,720 | |
Hibbett, Inc. | 1,921 | 131,051 | |
JOANN, Inc. | 1,803 | 5,139 | |
LL Flooring Holdings, Inc.* | 4,560 | 25,627 | |
MarineMax, Inc.* | 3,186 | 99,467 | |
Monro, Inc. | 4,879 | 220,531 | |
Murphy USA, Inc. | 3,211 | 897,603 | |
National Vision Holdings, Inc.* | 12,138 | 470,469 | |
ODP Corp.* | 6,197 | 282,211 | |
OneWater Marine, Inc. "A"* | 1,837 | 52,538 | |
Party City Holdco, Inc.* | 16,985 | 6,208 | |
Rent-A-Center, Inc. | 7,763 | 175,056 | |
Sally Beauty Holdings, Inc.* | 16,366 | 204,902 | |
Shoe Carnival, Inc. | 2,667 | 63,768 | |
Signet Jewelers Ltd. | 7,080 | 481,440 | |
Sleep Number Corp.* | 3,245 | 84,305 | |
Sonic Automotive, Inc. "A" | 2,781 | 137,020 | |
Sportsman's Warehouse Holdings, Inc.* | 5,863 | 55,171 | |
The Buckle, Inc. | 4,615 | 209,290 |
Shares | Value ($) | ||
The Children's Place, Inc.* | 1,994 | 72,622 | |
The Container Store Group, Inc.* | 5,043 | 21,735 | |
Tile Shop Holdings, Inc.* | 5,250 | 22,995 | |
Tilly's, Inc. "A"* | 3,686 | 33,358 | |
Torrid Holdings, Inc.* | 2,045 | 6,053 | |
TravelCenters of America, Inc.* | 1,900 | 85,082 | |
Urban Outfitters, Inc.* | 9,879 | 235,614 | |
Volta, Inc.* | 17,725 | 6,300 | |
Warby Parker, Inc. "A"* (a) | 13,056 | 176,125 | |
Winmark Corp. | 425 | 100,228 | |
Zumiez, Inc.* | 2,550 | 55,437 | |
8,544,233 | |||
Textiles, Apparel & Luxury Goods 0.7% | |||
Allbirds, Inc. "A"* | 14,126 | 34,185 | |
Crocs, Inc.* | 9,373 | 1,016,314 | |
Ermenegildo Zegna NV (a) | 9,425 | 98,680 | |
Fossil Group, Inc.* | 7,861 | 33,881 | |
G-III Apparel Group Ltd.* | 6,636 | 90,980 | |
Kontoor Brands, Inc. | 8,561 | 342,354 | |
Movado Group, Inc. | 2,363 | 76,207 | |
Oxford Industries, Inc. | 2,335 | 217,575 | |
PLBY Group, Inc.* | 6,324 | 17,391 | |
Rocky Brands, Inc. | 982 | 23,195 | |
Steven Madden Ltd. | 11,738 | 375,146 | |
Superior Group of Companies, Inc. | 1,660 | 16,700 | |
Unifi, Inc.* | 2,113 | 18,193 | |
Wolverine World Wide, Inc. | 11,714 | 128,034 | |
2,488,835 | |||
Consumer Staples 3.5% | |||
Beverages 0.6% | |||
Celsius Holdings, Inc.* | 8,523 | 886,733 | |
Coca-Cola Consolidated, Inc. | 725 | 371,461 | |
MGP Ingredients, Inc. | 2,158 | 229,568 | |
National Beverage Corp.* | 3,631 | 168,950 | |
Primo Water Corp. | 24,385 | 378,943 | |
The Duckhorn Portfolio, Inc.* | 6,540 | 108,368 | |
The Vita Coco Co., Inc* | 4,550 | 62,881 | |
Vintage Wine Estates, Inc.* | 4,721 | 15,391 | |
2,222,295 | |||
Food & Staples Retailing 0.6% | |||
HF Foods Group, Inc.* | 5,299 | 21,514 | |
Ingles Markets, Inc. "A" | 2,161 | 208,450 | |
Natural Grocers by Vitamin Cottage, Inc. | 1,461 | 13,353 | |
PriceSmart, Inc. | 3,768 | 229,019 | |
Rite Aid Corp.* | 8,323 | 27,799 | |
SpartanNash Co. | 5,445 | 164,657 | |
Sprouts Farmers Market, Inc.* | 16,224 | 525,171 | |
The Andersons, Inc. | 4,989 | 174,565 | |
The Chefs' Warehouse, Inc.* | 5,172 | 172,124 |
10 | | DWS Small Cap Index VIP |
Shares | Value ($) | ||
United Natural Foods, Inc.* | 9,032 | 349,629 | |
Village Super Market, Inc. "A" | 1,335 | 31,092 | |
Weis Markets, Inc. | 2,525 | 207,782 | |
2,125,155 | |||
Food Products 1.2% | |||
Alico, Inc. | 925 | 22,080 | |
AppHarvest, Inc.* | 10,332 | 5,862 | |
B&G Foods, Inc. (a) | 10,746 | 119,818 | |
Benson Hill, Inc.* | 25,963 | 66,206 | |
Beyond Meat, Inc.* (a) | 9,649 | 118,779 | |
Brc, Inc.* (a) | 4,658 | 28,460 | |
Calavo Growers, Inc. | 2,599 | 76,411 | |
Cal-Maine Foods, Inc. | 5,815 | 316,627 | |
Fresh Del Monte Produce, Inc. | 4,819 | 126,210 | |
Fresh Market, Inc.* (b) | 7,917 | 0 | |
Hain Celestial Group, Inc.* | 13,858 | 224,222 | |
Hostess Brands, Inc.* | 20,519 | 460,446 | |
J & J Snack Foods Corp. | 2,332 | 349,124 | |
John B. Sanfilippo & Son, Inc. | 1,387 | 112,791 | |
Lancaster Colony Corp. | 2,994 | 590,716 | |
Lifecore Biomedical, Inc.* | 3,778 | 24,481 | |
Local Bounti Corp.* | 10,962 | 15,237 | |
Mission Produce, Inc.* | 6,052 | 70,324 | |
Seneca Foods Corp. "A"* | 758 | 46,200 | |
Simply Good Foods Co.* | 13,653 | 519,224 | |
Sovos Brands, Inc.* | 6,118 | 87,916 | |
Sunopta, Inc.* | 15,382 | 129,824 | |
Tattooed Chef, Inc.* (a) | 7,188 | 8,841 | |
Tootsie Roll Industries, Inc. | 2,368 | 100,806 | |
TreeHouse Foods, Inc.* | 7,829 | 386,596 | |
Utz Brands, Inc. | 10,189 | 161,597 | |
Vital Farms, Inc.* | 4,805 | 71,691 | |
Whole Earth Brands, Inc.* | 6,383 | 25,979 | |
4,266,468 | |||
Household Products 0.3% | |||
Central Garden & Pet Co.* | 1,483 | 55,538 | |
Central Garden & Pet Co. "A"* | 6,131 | 219,490 | |
Energizer Holdings, Inc. | 10,215 | 342,713 | |
WD-40 Co. | 2,112 | 340,476 | |
958,217 | |||
Personal Products 0.7% | |||
BellRing Brands, Inc.* | 20,332 | 521,312 | |
Edgewell Personal Care Co. | 7,968 | 307,087 | |
elf Beauty, Inc.* | 7,580 | 419,174 | |
Herbalife Nutrition Ltd.* | 15,352 | 228,438 | |
Inter Parfums, Inc. | 2,746 | 265,044 | |
Medifast, Inc. | 1,690 | 194,942 | |
Nature's Sunshine Products, Inc.* | 1,954 | 16,257 | |
Nu Skin Enterprises, Inc. "A" | 7,542 | 317,971 | |
The Beauty Health Co.* | 14,688 | 133,661 | |
The Honest Co., Inc.* | 10,340 | 31,123 | |
Thorne HealthTech, Inc.* | 1,991 | 7,227 |
Shares | Value ($) | ||
USANA Health Sciences, Inc.* | 1,691 | 89,961 | |
Veru, Inc.* (a) | 9,772 | 51,596 | |
2,583,793 | |||
Tobacco 0.1% | |||
22nd Century Group, Inc.* | 23,177 | 21,334 | |
Turning Point Brands, Inc. | 2,242 | 48,494 | |
Universal Corp. | 3,766 | 198,883 | |
Vector Group Ltd. | 22,218 | 263,506 | |
532,217 | |||
Energy 6.6% | |||
Energy Equipment & Services 2.1% | |||
Archrock, Inc. | 21,264 | 190,951 | |
Borr Drilling Ltd.* (a) | 30,553 | 151,848 | |
Bristow Group, Inc.* | 3,543 | 96,122 | |
Cactus, Inc. "A" | 9,117 | 458,220 | |
ChampionX Corp. | 30,797 | 892,805 | |
Diamond Offshore Drilling, Inc.* | 15,378 | 159,931 | |
DMC Global, Inc.* | 2,839 | 55,190 | |
Dril-Quip, Inc.* | 5,150 | 139,926 | |
Expro Group Holdings NV* | 11,840 | 214,659 | |
Helix Energy Solutions Group, Inc.* | 21,539 | 158,958 | |
Helmerich & Payne, Inc. | 15,761 | 781,273 | |
Liberty Energy, Inc. | 21,477 | 343,847 | |
Nabors Industries Ltd.* | 1,381 | 213,876 | |
National Energy Services Reunited Corp.* | 5,594 | 38,822 | |
Newpark Resources, Inc.* | 13,152 | 54,581 | |
NexTier Oilfield Solutions, Inc.* | 27,262 | 251,901 | |
Noble Corp. PLC* | 12,931 | 487,628 | |
Oceaneering International, Inc.* | 15,562 | 272,179 | |
Oil States International, Inc.* | 9,386 | 70,020 | |
Patterson-UTI Energy, Inc. | 32,880 | 553,699 | |
Profrac Holding Corp. "A"* | 3,638 | 91,678 | |
ProPetro Holding Corp.* | 13,212 | 137,008 | |
RPC, Inc. | 11,134 | 98,981 | |
Select Energy Services, Inc. "A" | 11,432 | 105,632 | |
Solaris Oilfield Infrastructure, Inc. "A" | 5,230 | 51,934 | |
TETRA Technologies, Inc.* | 18,801 | 65,051 | |
Tidewater, Inc.* | 7,255 | 267,347 | |
U.S. Silica Holdings, Inc.* | 11,604 | 145,050 | |
Valaris Ltd.* | 9,381 | 634,343 | |
Weatherford International PLC* | 10,927 | 556,403 | |
7,739,863 | |||
Oil, Gas & Consumable Fuels 4.5% | |||
Aemetis, Inc.* | 4,419 | 17,499 | |
Alto Ingredients, Inc.* | 10,918 | 31,444 | |
Amplify Energy Corp.* | 5,173 | 45,471 |
DWS Small Cap Index VIP | | 11 |
Shares | Value ($) | ||
Arch Resources, Inc. | 2,270 | 324,133 | |
Ardmore Shipping Corp.* | 6,514 | 93,867 | |
Battalion Oil Corp.* | 538 | 5,224 | |
Berry Corp. | 11,786 | 94,288 | |
California Resources Corp. | 11,313 | 492,229 | |
Callon Petroleum Co.* | 7,530 | 279,288 | |
Centrus Energy Corp. "A"* | 1,639 | 53,235 | |
Chord Energy Corp. | 6,392 | 874,490 | |
Civitas Resources, Inc. | 11,410 | 660,981 | |
Clean Energy Fuels Corp.* | 25,791 | 134,113 | |
CNX Resources Corp.* | 27,530 | 463,605 | |
Comstock Resources, Inc. | 14,177 | 194,367 | |
CONSOL Energy, Inc. | 5,285 | 343,525 | |
Crescent Energy Co. "A" | 6,005 | 72,000 | |
CVR Energy, Inc. | 4,524 | 141,782 | |
Delek U.S. Holdings, Inc. | 10,680 | 288,360 | |
Denbury, Inc.* | 7,731 | 672,752 | |
DHT Holdings, Inc. | 21,271 | 188,886 | |
Dorian LPG Ltd. | 4,570 | 86,601 | |
Earthstone Energy, Inc. "A"* | 6,633 | 94,388 | |
Empire Petroleum Corp.* | 1,403 | 17,257 | |
Energy Fuels, Inc.* | 24,414 | 151,611 | |
Equitrans Midstream Corp. | 63,058 | 422,489 | |
Excelerate Energy, Inc. "A" | 2,858 | 71,593 | |
FLEX LNG Ltd. (a) | 4,405 | 143,999 | |
Frontline Ltd. (a) | 19,269 | 233,926 | |
Gevo, Inc.* (a) | 29,649 | 56,333 | |
Golar LNG Ltd.* | 15,609 | 355,729 | |
Green Plains, Inc.* | 8,379 | 255,559 | |
Gulfport Energy Corp.* | 1,684 | 124,010 | |
HighPeak Energy, Inc. | 936 | 21,406 | |
International Seaways, Inc. | 7,493 | 277,391 | |
Kinetik Holdings, Inc. | 2,658 | 87,927 | |
Kosmos Energy Ltd.* | 69,101 | 439,482 | |
Laredo Petroleum, Inc.* | 2,564 | 131,841 | |
Magnolia Oil & Gas Corp. "A" | 26,689 | 625,857 | |
Matador Resources Co. | 17,381 | 994,888 | |
Murphy Oil Corp. | 22,725 | 977,402 | |
NACCO Industries, Inc. "A" | 586 | 22,268 | |
NextDecade Corp* | 6,053 | 29,902 | |
Nordic American Tankers Ltd. | 31,120 | 95,227 | |
Northern Oil and Gas, Inc. | 10,081 | 310,696 | |
Par Pacific Holdings, Inc.* | 7,614 | 177,025 | |
PBF Energy, Inc. "A" | 15,135 | 617,205 | |
Peabody Energy Corp.* | 18,155 | 479,655 | |
Permian Resources Corp. | 32,038 | 301,157 | |
Ranger Oil Corp. "A" | 2,968 | 119,996 | |
REX American Resources Corp.* | 2,499 | 79,618 | |
Riley Exploration Permian, Inc. | 1,549 | 45,587 | |
Ring Energy, Inc.* | 15,320 | 37,687 | |
Sandridge Energy, Inc.* | 4,996 | 85,082 | |
Scorpio Tankers, Inc. | 7,269 | 390,854 | |
SFL Corp. Ltd. | 17,501 | 161,359 | |
Silverbow Resources, Inc.* | 1,918 | 54,241 | |
Sitio Royalties Corp. (a) | 10,910 | 314,753 |
Shares | Value ($) | ||
SM Energy Co. | 18,743 | 652,819 | |
Talos Energy, Inc.* | 10,302 | 194,502 | |
Teekay Corp.* | 10,677 | 48,474 | |
Teekay Tankers Ltd. "A"* | 3,581 | 110,331 | |
Tellurian, Inc.* | 79,982 | 134,370 | |
Uranium Energy Corp.* | 54,555 | 211,673 | |
Ur-Energy, Inc.* | 32,340 | 37,191 | |
Vaalco Energy, Inc. | 15,889 | 72,454 | |
Vertex Energy, Inc.* (a) | 7,883 | 48,875 | |
W&T Offshore, Inc.* | 14,838 | 82,796 | |
World Fuel Services Corp. | 9,475 | 258,952 | |
16,215,977 | |||
Financials 16.6% | |||
Banks 9.6% | |||
1st Source Corp. | 2,458 | 130,495 | |
ACNB Corp. | 1,234 | 49,126 | |
Amalgamated Financial Corp. | 2,865 | 66,010 | |
Amerant Bancorp, Inc. | 4,234 | 113,641 | |
American National Bankshares, Inc. | 1,579 | 58,312 | |
Ameris Bancorp. | 10,232 | 482,336 | |
Arrow Financial Corp. | 2,174 | 73,699 | |
Associated Banc-Corp. | 22,994 | 530,931 | |
Atlantic Union Bankshares Corp. | 11,480 | 403,407 | |
Banc of California, Inc. | 7,992 | 127,313 | |
BancFirst Corp. | 3,019 | 266,215 | |
Bank First Corp. (a) | 1,228 | 113,983 | |
Bank of Marin Bancorp. | 2,356 | 77,465 | |
Bank of NT Butterfield & Son Ltd. | 7,688 | 229,179 | |
BankUnited, Inc. | 11,957 | 406,179 | |
Bankwell Financial Group, Inc. | 828 | 24,368 | |
Banner Corp. | 5,246 | 331,547 | |
Bar Harbor Bankshares | 2,246 | 71,962 | |
BayCom Corp. | 1,876 | 35,606 | |
BCB Bancorp., Inc. | 2,103 | 37,833 | |
Berkshire Hills Bancorp., Inc. | 6,718 | 200,868 | |
Blue Ridge Bankshares, Inc. | 2,632 | 32,874 | |
Brookline Bancorp., Inc. | 11,510 | 162,867 | |
Business First Bancshares, Inc. | 3,783 | 83,756 | |
Byline Bancorp., Inc. | 3,758 | 86,321 | |
Cadence Bank | 27,984 | 690,085 | |
Cambridge Bancorp. | 1,038 | 86,216 | |
Camden National Corp. | 2,166 | 90,301 | |
Capital Bancorp., Inc | 1,368 | 32,203 | |
Capital City Bank Group, Inc. | 2,194 | 71,305 | |
Capstar Financial Holdings, Inc. | 3,154 | 55,700 | |
Carter Bankshares, Inc.* | 3,718 | 61,682 | |
Cathay General Bancorp. | 11,042 | 450,403 | |
CBTX, Inc. | 6,922 | 203,922 | |
Central Pacific Financial Corp. | 4,092 | 82,986 | |
Citizens & Northern Corp. | 2,252 | 51,481 | |
City Holding Co. | 2,293 | 213,455 |
12 | | DWS Small Cap Index VIP |
Shares | Value ($) | ||
Civista Bancshares, Inc. | 2,263 | 49,809 | |
CNB Financial Corp. | 3,256 | 77,460 | |
Coastal Financial Corp.* | 1,570 | 74,606 | |
Colony Bankcorp, Inc. | 2,375 | 30,139 | |
Columbia Banking System, Inc. | 12,084 | 364,091 | |
Community Bank System, Inc. | 8,191 | 515,623 | |
Community Trust Bancorp., Inc. | 2,492 | 114,458 | |
ConnectOne Bancorp., Inc. | 5,637 | 136,472 | |
CrossFirst Bankshares, Inc.* | 6,780 | 84,140 | |
Customers Bancorp., Inc.* | 4,665 | 132,206 | |
CVB Financial Corp. | 20,466 | 526,999 | |
Dime Community Bancshares, Inc. | 4,968 | 158,131 | |
Eagle Bancorp., Inc. | 4,847 | 213,607 | |
Eastern Bankshares, Inc. | 24,030 | 414,517 | |
Enterprise Bancorp., Inc. | 1,421 | 50,161 | |
Enterprise Financial Services Corp. | 5,399 | 264,335 | |
Equity Bancshares, Inc. "A" | 2,278 | 74,422 | |
Esquire Financial Holdings, Inc. | 1,016 | 43,952 | |
Farmers & Merchants Bancorp., Inc. | 2,068 | 56,208 | |
Farmers National Banc Corp. | 5,373 | 75,867 | |
FB Financial Corp. | 5,461 | 197,361 | |
Financial Institutions, Inc. | 2,311 | 56,296 | |
First BanCorp. | 28,308 | 360,078 | |
First BanCorp. - North Carolina | 5,399 | 231,293 | |
First Bancorp., Inc. | 1,499 | 44,880 | |
First Bancshares, Inc. | 3,331 | 106,625 | |
First Bank | 2,625 | 36,120 | |
First Busey Corp. | 7,881 | 194,818 | |
First Business Financial Services, Inc. | 1,331 | 48,648 | |
First Commonwealth Financial Corp. | 14,631 | 204,395 | |
First Community Bancshares, Inc. | 2,477 | 83,970 | |
First Financial Bancorp. | 14,303 | 346,562 | |
First Financial Bankshares, Inc. | 19,962 | 686,693 | |
First Financial Corp. | 1,727 | 79,580 | |
First Foundation, Inc. | 7,754 | 111,115 | |
First Guaranty Bancshares, Inc. | 887 | 20,800 | |
First Internet Bancorp. | 1,381 | 33,531 | |
First Interstate BancSystem, Inc. "A" | 13,850 | 535,302 | |
First Merchants Corp. | 8,787 | 361,234 | |
First Mid Bancshares, Inc. | 2,810 | 90,145 | |
First of Long Island Corp. | 3,589 | 64,602 | |
First Western Financial, Inc.* | 1,154 | 32,485 | |
Five Star Bancorp. | 1,921 | 52,328 | |
Flushing Financial Corp. | 4,297 | 83,276 |
Shares | Value ($) | ||
Fulton Financial Corp. | 24,951 | 419,925 | |
FVCBankcorp, Inc.* | 1,744 | 33,258 | |
German American Bancorp., Inc. | 4,358 | 162,553 | |
Glacier Bancorp., Inc. | 17,074 | 843,797 | |
Great Southern Bancorp., Inc. | 1,407 | 83,702 | |
Guaranty Bancshares, Inc. | 1,253 | 43,404 | |
Hancock Whitney Corp. | 13,261 | 641,700 | |
Hanmi Financial Corp. | 4,599 | 113,825 | |
HarborOne Bancorp, Inc. | 6,733 | 93,589 | |
HBT Financial, Inc. | 1,581 | 30,940 | |
Heartland Financial U.S.A., Inc. | 6,293 | 293,380 | |
Heritage Commerce Corp. | 8,930 | 116,090 | |
Heritage Financial Corp. | 5,267 | 161,381 | |
Hilltop Holdings, Inc. | 7,610 | 228,376 | |
Home BancShares, Inc. | 29,039 | 661,799 | |
HomeStreet, Inc. | 2,728 | 75,238 | |
HomeTrust Bancshares, Inc. | 2,270 | 54,866 | |
Hope Bancorp., Inc. | 17,720 | 226,993 | |
Horizon Bancorp, Inc. | 6,121 | 92,305 | |
Independent Bank Corp. | 10,160 | 668,957 | |
Independent Bank Group, Inc. | 5,473 | 328,818 | |
International Bancshares Corp. | 8,205 | 375,461 | |
John Marshall Bancorp, Inc. | 1,664 | 47,890 | |
Lakeland Bancorp., Inc. | 9,504 | 167,365 | |
Lakeland Financial Corp. | 3,748 | 273,492 | |
Live Oak Bancshares, Inc. | 4,974 | 150,215 | |
Macatawa Bank Corp. | 4,162 | 45,907 | |
Mercantile Bank Corp. | 2,329 | 77,975 | |
Metrocity Bankshares, Inc. | 2,860 | 61,862 | |
Metropolitan Bank Holding Corp.* | 1,555 | 91,232 | |
Mid Penn Bancorp, Inc. | 2,190 | 65,634 | |
Midland States Bancorp., Inc. | 3,184 | 84,758 | |
MidWestOne Financial Group, Inc. | 2,117 | 67,215 | |
MVB Financial Corp. | 1,582 | 34,836 | |
National Bank Holdings Corp. "A" | 4,458 | 187,548 | |
NBT Bancorp., Inc. | 6,405 | 278,105 | |
Nicolet Bankshares, Inc.* | 1,870 | 149,207 | |
Northeast Bank | 983 | 41,384 | |
Northwest Bancshares, Inc. | 18,602 | 260,056 | |
OceanFirst Financial Corp. | 8,862 | 188,318 | |
OFG Bancorp. | 7,110 | 195,952 | |
Old National Bancorp. | 45,103 | 810,952 | |
Old Second Bancorp., Inc. | 6,491 | 104,116 | |
Origin Bancorp, Inc. | 3,400 | 124,780 | |
Orrstown Financial Services, Inc. | 1,526 | 35,342 | |
Pacific Premier Bancorp., Inc. | 14,417 | 455,001 | |
Park National Corp. | 2,197 | 309,228 | |
Parke Bancorp., Inc. | 1,474 | 30,571 | |
Pathward Financial, Inc. | 4,366 | 187,956 | |
PCB Bancorp. | 1,703 | 30,126 |
DWS Small Cap Index VIP | | 13 |
Shares | Value ($) | ||
PCSB Financial Corp. | 1,828 | 34,805 | |
Peapack-Gladstone Financial Corp. | 2,612 | 97,219 | |
Peoples Bancorp., Inc. | 4,216 | 119,102 | |
Peoples Financial Services Corp. | 1,041 | 53,965 | |
Preferred Bank | 2,020 | 150,732 | |
Premier Financial Corp. | 5,588 | 150,708 | |
Primis Financial Corp. | 3,436 | 40,717 | |
Professional Holding Corp. "A"* | 1,892 | 52,484 | |
QCR Holdings, Inc. | 2,422 | 120,228 | |
RBB Bancorp. | 2,264 | 47,204 | |
Red River Bancshares, Inc. | 632 | 32,270 | |
Renasant Corp. | 8,395 | 315,568 | |
Republic Bancorp., Inc. "A" | 1,293 | 52,910 | |
Republic First Bancorp., Inc.* | 10,062 | 21,633 | |
S&T Bancorp., Inc. | 5,967 | 203,952 | |
Sandy Spring Bancorp., Inc. | 6,684 | 235,477 | |
Seacoast Banking Corp. of Florida | 9,402 | 293,248 | |
ServisFirst Bancshares, Inc. | 7,742 | 533,501 | |
Shore Bancshares, Inc. | 2,606 | 45,423 | |
Sierra Bancorp. | 2,103 | 44,668 | |
Silvergate Capital Corp. "A"* | 4,702 | 81,815 | |
Simmons First National Corp. "A" | 18,870 | 407,215 | |
SmartFinancial, Inc. | 2,422 | 66,605 | |
South Plains Financial, Inc. | 1,510 | 41,570 | |
South State Corp. | 11,585 | 884,631 | |
Southern First Bancshares, Inc.* | 1,130 | 51,698 | |
Southside Bancshares, Inc. | 4,656 | 167,569 | |
Stock Yards Bancorp., Inc. | 4,391 | 285,327 | |
Summit Financial Group, Inc. | 1,703 | 42,388 | |
Texas Capital Bancshares, Inc.* | 7,742 | 466,920 | |
The Bancorp, Inc.* | 8,400 | 238,392 | |
Third Coast Bancshares, Inc.* | 1,857 | 34,225 | |
Tompkins Financial Corp. | 2,115 | 164,082 | |
TowneBank | 10,426 | 321,538 | |
TriCo Bancshares | 4,772 | 243,324 | |
Triumph Financial, Inc.* | 3,563 | 174,124 | |
Trustmark Corp. | 9,505 | 331,820 | |
UMB Financial Corp. | 6,793 | 567,351 | |
United Bankshares, Inc. | 20,086 | 813,282 | |
United Community Banks, Inc. | 16,447 | 555,909 | |
Unity Bancorp., Inc. | 1,028 | 28,095 | |
Univest Financial Corp. | 4,465 | 116,670 | |
USCB Financial Holdings, Inc.* | 1,558 | 19,008 | |
Valley National Bancorp. | 66,568 | 752,884 | |
Veritex Holdings, Inc. | 8,031 | 225,510 | |
Washington Federal, Inc. | 9,945 | 333,655 | |
Washington Trust Bancorp., Inc. | 2,617 | 123,470 |
Shares | Value ($) | ||
WesBanco, Inc. | 8,916 | 329,714 | |
West BanCorp, Inc. | 2,459 | 62,827 | |
Westamerica BanCorp. | 3,984 | 235,096 | |
34,925,280 | |||
Capital Markets 1.5% | |||
Artisan Partners Asset Management, Inc. "A" | 9,185 | 272,795 | |
AssetMark Financial Holdings, Inc.* | 3,362 | 77,326 | |
Associated Capital Group, Inc. "A" | 276 | 11,589 | |
B. Riley Financial, Inc. | 3,224 | 110,261 | |
Bakkt Holdings, Inc.* (a) | 8,220 | 9,782 | |
BGC Partners, Inc. "A" | 48,371 | 182,359 | |
Blucora, Inc.* | 7,214 | 184,173 | |
Brightsphere Investment Group, Inc. | 4,890 | 100,636 | |
Cohen & Steers, Inc. | 3,905 | 252,107 | |
Cowen, Inc. "A" | 4,097 | 158,226 | |
Diamond Hill Investment Group, Inc. | 453 | 83,814 | |
Donnelley Financial Solutions, Inc.* | 3,898 | 150,658 | |
Federated Hermes, Inc. | 13,090 | 475,298 | |
Focus Financial Partners, Inc. "A"* | 8,906 | 331,927 | |
GCM Grosvenor, Inc. "A" | 6,451 | 49,092 | |
Hamilton Lane, Inc. "A" | 5,577 | 356,259 | |
Houlihan Lokey, Inc. | 7,689 | 670,173 | |
Marketwise, Inc.* | 2,455 | 4,124 | |
Moelis & Co. "A" | 9,875 | 378,904 | |
Open Lending Corp. "A"* | 15,937 | 107,575 | |
Oppenheimer Holdings, Inc. "A" | 1,283 | 54,309 | |
Perella Weinberg Partners | 5,362 | 52,548 | |
Piper Sandler Companies | 2,701 | 351,643 | |
PJT Partners, Inc. "A" | 3,644 | 268,526 | |
Sculptor Capital Management, Inc. | 3,811 | 33,003 | |
Silvercrest Asset Management Group, Inc. "A" | 1,455 | 27,310 | |
StepStone Group, Inc. "A" | 8,349 | 210,228 | |
StoneX Group, Inc.* | 2,626 | 250,258 | |
Value Line, Inc. | 100 | 5,088 | |
Victory Capital Holdings, Inc. "A" | 2,668 | 71,582 | |
Virtus Investment Partners, Inc. | 1,060 | 202,926 | |
WisdomTree, Inc. | 20,630 | 112,434 | |
5,606,933 | |||
Consumer Finance 0.7% | |||
Atlanticus Holdings Corp.* | 617 | 16,165 | |
Bread Financial Holdings, Inc. | 7,670 | 288,852 | |
Consumer Portfolio Services, Inc.* | 1,314 | 11,629 | |
Curo Group Holdings Corp. | 3,151 | 11,186 |
14 | | DWS Small Cap Index VIP |
Shares | Value ($) | ||
Encore Capital Group, Inc.* | 3,552 | 170,283 | |
Enova International, Inc.* | 4,760 | 182,641 | |
EZCORP, Inc. "A"* | 7,553 | 61,557 | |
FirstCash Holdings, Inc. | 5,824 | 506,164 | |
Green Dot Corp. "A"* | 7,314 | 115,708 | |
LendingClub Corp.* | 16,178 | 142,366 | |
LendingTree, Inc.* | 1,525 | 32,528 | |
Moneylion, Inc.* | 27,111 | 16,809 | |
Navient Corp. | 16,519 | 271,738 | |
Nelnet, Inc. "A" | 2,278 | 206,729 | |
Nerdwallet, Inc. "A"* | 4,336 | 41,626 | |
Oportun Financial Corp.* | 4,017 | 22,134 | |
Oppfi, Inc.* | 1,931 | 3,959 | |
PRA Group, Inc.* | 5,880 | 198,626 | |
PROG Holdings, Inc.* | 7,852 | 132,620 | |
Regional Management Corp. | 1,129 | 31,702 | |
Sunlight Financial Holdings, Inc.* | 3,510 | 4,528 | |
World Acceptance Corp.* | 592 | 39,036 | |
2,508,586 | |||
Diversified Financial Services 0.3% | |||
Alerus Financial Corp. | 2,306 | 53,845 | |
A-Mark Precious Metals, Inc. | 2,762 | 95,924 | |
Banco Latinoamericano de Comercio Exterior SA "E" | 4,273 | 69,223 | |
Cannae Holdings, Inc.* | 10,669 | 220,315 | |
Compass Diversified Holdings | 9,597 | 174,953 | |
Jackson Financial, Inc. "A" | 11,554 | 401,964 | |
Swk Holdings Corp.* | 529 | 9,332 | |
1,025,556 | |||
Insurance 2.0% | |||
Ambac Financial Group, Inc.* | 6,901 | 120,353 | |
American Equity Investment Life Holding Co. | 10,990 | 501,364 | |
AMERISAFE, Inc. | 3,014 | 156,638 | |
Argo Group International Holdings Ltd. | 4,972 | 128,526 | |
Bright Health Group, Inc.* | 28,047 | 18,228 | |
BRP Group, Inc. "A"* | 9,303 | 233,877 | |
CNO Financial Group, Inc. | 17,526 | 400,469 | |
Crawford & Co. "A" | 2,763 | 15,362 | |
Donegal Group, Inc. "A" | 2,368 | 33,626 | |
eHealth, Inc.* | 3,751 | 18,155 | |
Employers Holdings, Inc. | 4,146 | 178,817 | |
Enstar Group Ltd.* | 1,731 | 399,930 | |
Genworth Financial, Inc. "A"* | 76,131 | 402,733 | |
Goosehead Insurance, Inc. "A"* | 2,868 | 98,487 | |
Greenlight Capital Re Ltd. "A"* | 3,838 | 31,280 | |
HCI Group, Inc. | 944 | 37,373 | |
Hippo Holdings, Inc.* | 2,840 | 38,624 | |
Horace Mann Educators Corp. | 6,285 | 234,871 | |
Investors Title Co. | 225 | 33,199 | |
James River Group Holdings Ltd. | 5,532 | 115,674 |
Shares | Value ($) | ||
Kinsale Capital Group, Inc. | 3,324 | 869,293 | |
Lemonade, Inc.* (a) | 7,430 | 101,642 | |
MBIA, Inc.* (a) | 7,239 | 93,021 | |
Mercury General Corp. | 4,223 | 144,427 | |
National Western Life Group, Inc. "A" | 345 | 96,945 | |
NI Holdings, Inc.* | 1,387 | 18,406 | |
Oscar Health, Inc. "A"* | 17,776 | 43,729 | |
Palomar Holdings, Inc.* | 3,699 | 167,047 | |
ProAssurance Corp. | 8,200 | 143,254 | |
RLI Corp. | 6,005 | 788,276 | |
Root, Inc. "A"* | 1,127 | 5,060 | |
Safety Insurance Group, Inc. | 2,157 | 181,749 | |
Selective Insurance Group, Inc. | 9,181 | 813,528 | |
Selectquote, Inc.* | 19,606 | 13,173 | |
SiriusPoint Ltd.* | 13,854 | 81,739 | |
Stewart Information Services Corp. | 4,199 | 179,423 | |
Tiptree, Inc. | 3,736 | 51,706 | |
Trean Insurance Group, Inc.* | 3,450 | 20,700 | |
Trupanion, Inc.* | 5,959 | 283,231 | |
United Fire Group, Inc. | 3,367 | 92,121 | |
Universal Insurance Holdings, Inc. | 3,843 | 40,697 | |
7,426,753 | |||
Mortgage Real Estate Investment Trusts (REITs) 1.2% | |||
AFC Gamma, Inc. | 2,327 | 36,604 | |
Angel Oak Mortgage, Inc. | 1,710 | 8,088 | |
Apollo Commercial Real Estate Finance, Inc. | 21,646 | 232,911 | |
Arbor Realty Trust, Inc. (a) | 25,259 | 333,166 | |
Ares Commercial Real Estate Corp. | 7,647 | 78,688 | |
ARMOUR Residential REIT, Inc. | 20,885 | 117,583 | |
Blackstone Mortgage Trust, Inc. "A" | 26,159 | 553,786 | |
BrightSpire Capital, Inc. | 14,381 | 89,594 | |
Broadmark Realty Capital, Inc. | 19,634 | 69,897 | |
Chicago Atlantic Real Estate Finance, Inc. | 722 | 10,881 | |
Chimera Investment Corp. (a) | 35,422 | 194,821 | |
Claros Mortgage Trust, Inc. (a) | 14,085 | 207,190 | |
Dynex Capital, Inc. | 7,294 | 92,780 | |
Ellington Financial, Inc. | 9,130 | 112,938 | |
Franklin BSP Realty Trust, Inc. | 12,545 | 161,830 | |
Granite Point Mortgage Trust, Inc. | 7,518 | 40,296 | |
Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 13,470 | 390,361 | |
Invesco Mortgage Capital Reit | 5,403 | 68,780 | |
KKR Real Estate Finance Trust, Inc. | 8,884 | 124,021 | |
Ladder Capital Corp. | 17,636 | 177,065 |
DWS Small Cap Index VIP | | 15 |
Shares | Value ($) | ||
MFA Financial, Inc. | 15,997 | 157,570 | |
New York Mortgage Trust, Inc. | 57,280 | 146,637 | |
Nexpoint Real Estate Finance, Inc. | 1,135 | 18,035 | |
Orchid Island Capital, Inc. (a) | 4,872 | 51,156 | |
PennyMac Mortgage Investment Trust | 13,631 | 168,888 | |
Ready Capital Corp. | 10,772 | 120,000 | |
Redwood Trust, Inc. | 17,410 | 117,692 | |
TPG RE Finance Trust, Inc. | 10,469 | 71,084 | |
Two Harbors Investment Corp. (a) | 13,087 | 206,382 | |
4,158,724 | |||
Thrifts & Mortgage Finance 1.3% | |||
Axos Financial, Inc.* | 8,796 | 336,183 | |
Blue Foundry Bancorp.* | 4,013 | 51,567 | |
Bridgewater Bancshares, Inc.* | 3,234 | 57,371 | |
Capitol Federal Financial, Inc. | 19,807 | 171,331 | |
Columbia Financial, Inc.* | 5,321 | 115,040 | |
Enact Holdings, Inc. | 4,642 | 111,965 | |
Essent Group Ltd. | 16,277 | 632,850 | |
Federal Agricultural Mortgage Corp. "C" | 1,383 | 155,878 | |
Finance of America Companies, Inc. "A"* | 5,534 | 7,028 | |
Greene County Bancorp., Inc. | 497 | 28,538 | |
Hingham Institution For Savings The | 217 | 59,883 | |
Home Bancorp., Inc. | 1,080 | 43,232 | |
Home Point Capital, Inc. | 1,180 | 1,617 | |
Kearny Financial Corp. | 9,118 | 92,548 | |
Luther Burbank Corp. | 2,316 | 25,731 | |
Merchants Bancorp. | 2,394 | 58,222 | |
Mr Cooper Group, Inc.* | 10,681 | 428,629 | |
NMI Holdings, Inc. "A"* | 12,740 | 266,266 | |
Northfield Bancorp., Inc. | 6,626 | 104,227 | |
PennyMac Financial Services, Inc. | 4,184 | 237,065 | |
Pioneer Bancorp., Inc.* | 1,923 | 21,922 | |
Provident Bancorp, Inc. | 2,053 | 14,946 | |
Provident Financial Services, Inc. | 11,190 | 239,018 | |
Radian Group, Inc. | 24,436 | 465,994 | |
Southern Missouri Bancorp., Inc. | 1,202 | 55,088 | |
Sterling Bancorp., Inc.* | 2,492 | 15,176 | |
TrustCo Bank Corp. NY | 2,982 | 112,093 | |
Velocity Financial, Inc.* | 1,318 | 12,719 | |
Walker & Dunlop, Inc. | 4,702 | 369,013 | |
Waterstone Financial, Inc. | 2,938 | 50,651 | |
WSFS Financial Corp. | 9,511 | 431,229 | |
4,773,020 | |||
Health Care 16.3% | |||
Biotechnology 7.1% | |||
2seventy bio, Inc.* | 5,683 | 53,250 |
Shares | Value ($) | ||
4D Molecular Therapeutics, Inc.* | 4,474 | 99,368 | |
Aadi Bioscience, Inc.* | 2,100 | 26,943 | |
Absci Corp.* | 8,080 | 16,968 | |
ACADIA Pharmaceuticals, Inc.* | 18,378 | 292,578 | |
Adicet Bio, Inc.* | 4,846 | 43,323 | |
ADMA Biologics, Inc.* | 28,986 | 112,466 | |
Aerovate Therapeutics, Inc.* (a) | 1,330 | 38,969 | |
Affimed NV* | 20,654 | 25,611 | |
Agenus, Inc.* | 46,926 | 112,622 | |
Agios Pharmaceuticals, Inc.* | 8,466 | 237,725 | |
Akero Therapeutics, Inc.* | 5,361 | 293,783 | |
Albireo Pharma, Inc.* | 2,887 | 62,388 | |
Alector, Inc.* | 9,368 | 86,467 | |
Alkermes PLC* | 25,187 | 658,136 | |
Allogene Therapeutics, Inc.* | 12,718 | 79,996 | |
Allovir, Inc.* | 5,198 | 26,666 | |
Alpine Immune Sciences, Inc.* | 3,649 | 26,820 | |
ALX Oncology Holdings, Inc.* | 3,388 | 38,183 | |
Amicus Therapeutics, Inc.* | 42,666 | 520,952 | |
AnaptysBio, Inc.* | 3,050 | 94,519 | |
Anavex Life Sciences Corp.* (a) | 10,977 | 101,647 | |
Anika Therapeutics, Inc.* | 2,197 | 65,031 | |
Apellis Pharmaceuticals, Inc.* | 14,395 | 744,365 | |
Arbutus Biopharma Corp.* | 17,944 | 41,810 | |
Arcellx, Inc.* | 4,643 | 143,840 | |
Arcturus Therapeutics Holdings, Inc.* | 3,500 | 59,360 | |
Arcus Biosciences, Inc.* | 7,971 | 164,840 | |
Arcutis Biotherapeutics, Inc.* | 6,479 | 95,889 | |
Arrowhead Pharmaceuticals, Inc.* | 15,819 | 641,619 | |
Atara Biotherapeutics, Inc.* | 15,095 | 49,512 | |
Aura Biosciences, Inc.* | 2,665 | 27,982 | |
Aurinia Pharmaceuticals, Inc.* | 20,187 | 87,208 | |
Avid Bioservices, Inc.* | 9,606 | 132,275 | |
Avidity Biosciences, Inc.* | 8,291 | 183,977 | |
Beam Therapeutics, Inc.* | 9,742 | 381,010 | |
BioCryst Pharmaceuticals, Inc.* | 28,836 | 331,037 | |
Biohaven Ltd.* | 9,890 | 137,273 | |
Bioxcel Therapeutics, Inc.* | 2,978 | 63,967 | |
Bluebird Bio, Inc.* | 12,768 | 88,355 | |
Blueprint Medicines Corp.* | 9,155 | 401,081 | |
Bridgebio Pharma, Inc.* | 16,560 | 126,187 | |
C4 Therapeutics, Inc.* | 6,192 | 36,533 | |
CareDx, Inc.* | 7,681 | 87,640 | |
Caribou Biosciences, Inc.* | 8,997 | 56,501 | |
Catalyst Pharmaceuticals, Inc.* | 14,821 | 275,671 | |
Celldex Therapeutics, Inc.* | 6,985 | 311,321 | |
Celularity, Inc.* | 9,831 | 12,682 | |
Century Therapeutics, Inc.* | 3,009 | 15,436 |
16 | | DWS Small Cap Index VIP |
Shares | Value ($) | ||
Cerevel Therapeutics Holdings, Inc.* | 8,765 | 276,448 | |
Chimerix, Inc.* | 12,848 | 23,897 | |
Chinook Therapeutics, Inc.* | 7,821 | 204,910 | |
Cogent Biosciences, Inc.* | 9,604 | 111,022 | |
Coherus Biosciences, Inc.* | 11,072 | 87,690 | |
Crinetics Pharmaceuticals, Inc.* | 8,302 | 151,927 | |
CTI BioPharma Corp.* | 14,923 | 89,687 | |
Cullinan Oncology, Inc* | 4,491 | 47,380 | |
Cytokinetics, Inc.* | 12,617 | 578,111 | |
Day One Biopharmaceuticals, Inc.* | 4,119 | 88,641 | |
Deciphera Pharmaceuticals, Inc.* | 7,185 | 117,762 | |
Denali Therapeutics, Inc.* | 16,693 | 464,232 | |
Design Therapeutics, Inc.* | 5,097 | 52,295 | |
Dynavax Technologies Corp.* | 18,476 | 196,585 | |
Dyne Therapeutics, Inc.* | 4,605 | 53,372 | |
Eagle Pharmaceuticals, Inc.* | 1,510 | 44,137 | |
Editas Medicine, Inc.* | 10,994 | 97,517 | |
Eiger BioPharmaceuticals, Inc.* | 5,951 | 7,022 | |
Emergent BioSolutions, Inc.* | 7,558 | 89,260 | |
Enanta Pharmaceuticals, Inc.* | 3,082 | 143,375 | |
Enochian Biosciences, Inc.* (a) | 2,857 | 2,943 | |
EQRx, Inc.* | 32,225 | 79,273 | |
Erasca, Inc.* | 9,790 | 42,195 | |
Fate Therapeutics, Inc.* | 12,699 | 128,133 | |
FibroGen, Inc.* | 13,658 | 218,801 | |
Foghorn Therapeutics, Inc.* | 2,986 | 19,051 | |
Generation Bio Co.* | 7,055 | 27,726 | |
Geron Corp.* | 56,709 | 137,236 | |
Gossamer Bio, Inc.* | 9,395 | 20,387 | |
GreenLight Biosciences Holdings PBC* | 15,163 | 17,892 | |
Halozyme Therapeutics, Inc.* | 20,437 | 1,162,865 | |
Heron Therapeutics, Inc.* | 15,592 | 38,980 | |
Hillevax, Inc.* | 2,740 | 45,840 | |
Humacyte, Inc.* | 9,122 | 19,247 | |
Icosavax, Inc.* | 3,467 | 27,528 | |
Ideaya Biosciences, Inc.* | 6,811 | 123,756 | |
IGM Biosciences, Inc.* | 1,804 | 30,686 | |
Imago Biosciences, Inc.* | 4,083 | 146,784 | |
ImmunityBio, Inc.* (a) | 12,937 | 65,591 | |
ImmunoGen, Inc.* | 33,660 | 166,954 | |
Immunovant, Inc.* | 6,855 | 121,676 | |
Inhibrx, Inc.* | 5,016 | 123,594 | |
Inovio Pharmaceuticals, Inc.* | 39,964 | 62,344 | |
Insmed, Inc.* | 20,683 | 413,246 | |
Instil Bio, Inc.* | 10,107 | 6,367 | |
Intellia Therapeutics, Inc.* | 13,069 | 455,977 | |
Intercept Pharmaceuticals, Inc.* | 3,691 | 45,658 | |
Invivyd, Inc.* | 6,995 | 10,493 | |
Iovance Biotherapeutics, Inc.* | 23,719 | 151,564 |
Shares | Value ($) | ||
Ironwood Pharmaceuticals, Inc.* | 21,233 | 263,077 | |
iTeos Therapeutics, Inc.* | 3,743 | 73,101 | |
IVERIC bio, Inc.* | 20,688 | 442,930 | |
Janux Therapeutics, Inc.* (a) | 2,549 | 33,570 | |
Jounce Therapeutics, Inc.* | 6,699 | 7,436 | |
KalVista Pharmaceuticals, Inc.* | 3,636 | 24,579 | |
Karuna Therapeutics, Inc.* | 4,650 | 913,725 | |
Karyopharm Therapeutics, Inc.* | 12,980 | 44,132 | |
Keros Therapeutics, Inc.* | 2,962 | 142,235 | |
Kezar Life Sciences, Inc.* | 7,819 | 55,046 | |
Kiniksa Pharmaceuticals Ltd. "A"* | 4,669 | 69,942 | |
Kinnate Biopharma, Inc.* | 4,245 | 25,895 | |
Kodiak Sciences, Inc.* | 4,947 | 35,421 | |
Kronos Bio, Inc.* | 5,952 | 9,642 | |
Krystal Biotech, Inc.* | 3,264 | ��� 258,574 | |
Kura Oncology, Inc.* | 9,988 | 123,951 | |
Kymera Therapeutics, Inc.* | 5,938 | 148,212 | |
Lexicon Pharmaceuticals, Inc.* | 12,336 | 23,562 | |
Lyell Immunopharma, Inc.* | 26,016 | 90,276 | |
MacroGenics, Inc.* | 9,820 | 65,892 | |
Madrigal Pharmaceuticals, Inc.* | 2,011 | 583,693 | |
MannKind Corp.* | 38,632 | 203,591 | |
MeiraGTx Holdings PLC* | 4,590 | 29,927 | |
Mersana Therapeutics, Inc.* | 14,286 | 83,716 | |
MiMedx Group, Inc.* | 17,052 | 47,405 | |
Mirum Pharmaceuticals, Inc.* | 2,989 | 58,285 | |
Monte Rosa Therapeutics, Inc.* | 4,837 | 36,810 | |
Morphic Holding, Inc.* | 4,092 | 109,461 | |
Myriad Genetics, Inc.* | 12,397 | 179,880 | |
Nkarta, Inc.* | 5,521 | 33,071 | |
Nurix Therapeutics, Inc.* | 7,001 | 76,871 | |
Nuvalent, Inc. "A"* | 3,095 | 92,169 | |
Ocugen, Inc.* (a) | 32,533 | 42,293 | |
Organogenesis Holdings, Inc.* | 10,101 | 27,172 | |
Outlook Therapeutics, Inc.* | 18,986 | 20,505 | |
Pardes Biosciences, Inc.* | 4,100 | 6,929 | |
Pepgen, Inc.* | 2,332 | 31,179 | |
PMV Pharmaceuticals, Inc.* | 5,590 | 48,633 | |
Point Biopharma Global, Inc.* | 13,247 | 96,571 | |
Praxis Precision Medicines, Inc.* (a) | 5,162 | 12,286 | |
Precigen, Inc.* | 14,534 | 22,092 | |
Prime Medicine, Inc.* | 1,765 | 32,794 | |
Prometheus Biosciences, Inc.* | 5,355 | 589,050 | |
Protagonist Therapeutics, Inc.* | 6,948 | 75,803 | |
Prothena Corp. PLC* | 5,625 | 338,906 | |
PTC Therapeutics, Inc.* | 10,867 | 414,793 |
DWS Small Cap Index VIP | | 17 |
Shares | Value ($) | ||
Rallybio Corp.* | 3,384 | 22,233 | |
RAPT Therapeutics, Inc.* | 3,925 | 77,715 | |
Recursion Pharmaceuticals, Inc. "A"* | 21,427 | 165,202 | |
REGENXBIO, Inc.* | 6,313 | 143,179 | |
Relay Therapeutics, Inc.* | 13,109 | 195,848 | |
Replimune Group, Inc.* | 6,149 | 167,253 | |
REVOLUTION Medicines, Inc.* | 11,606 | 276,455 | |
Rigel Pharmaceuticals, Inc.* | 25,327 | 37,990 | |
Rocket Pharmaceuticals, Inc.* | 8,260 | 161,648 | |
Sage Therapeutics, Inc.* | 7,942 | 302,908 | |
Sana Biotechnology, Inc.* | 13,436 | 53,072 | |
Sangamo Therapeutics, Inc.* | 20,905 | 65,642 | |
Seres Therapeutics, Inc.* | 10,676 | 59,786 | |
Sorrento Therapeutics, Inc.* | 71,809 | 63,623 | |
SpringWorks Therapeutics, Inc.* | 5,524 | 143,679 | |
Stoke Therapeutics, Inc.* | 3,313 | 30,579 | |
Sutro Biopharma, Inc.* | 8,363 | 67,573 | |
Syndax Pharmaceuticals, Inc.* | 8,131 | 206,934 | |
Talaris Therapeutics, Inc.* | 3,330 | 3,397 | |
Tango Therapeutics, Inc.* | 7,546 | 54,708 | |
Tenaya Therapeutics, Inc.* | 4,087 | 8,215 | |
TG Therapeutics, Inc.* | 20,817 | 246,265 | |
Travere Therapeutics, Inc.* | 9,601 | 201,909 | |
Twist Bioscience Corp.* | 8,587 | 204,456 | |
Tyra Biosciences, Inc.* | 1,915 | 14,554 | |
Vanda Pharmaceuticals, Inc.* | 8,913 | 65,867 | |
Vaxart, Inc.* (a) | 18,328 | 17,611 | |
Vaxcyte, Inc.* | 11,028 | 528,793 | |
VBI Vaccines, Inc.* | 28,377 | 11,098 | |
Vera Therapeutics, Inc.* | 2,285 | 44,215 | |
Veracyte, Inc.* | 11,130 | 264,115 | |
Vericel Corp.* | 7,200 | 189,648 | |
Verve Therapeutics, Inc.* | 7,135 | 138,062 | |
Vir Biotechnology, Inc.* | 11,272 | 285,294 | |
Viridian Therapeutics, Inc.* | 5,833 | 170,382 | |
VistaGen Therapeutics, Inc.* | 29,306 | 3,019 | |
Xencor, Inc.* | 8,707 | 226,730 | |
Y-mAbs Therapeutics, Inc.* | 5,581 | 27,235 | |
Zentalis Pharmaceuticals, Inc.* | 7,130 | 143,598 | |
25,885,412 | |||
Health Care Equipment & Supplies 3.7% | |||
Alphatec Holdings, Inc.* | 10,975 | 135,541 | |
AngioDynamics, Inc.* | 5,622 | 77,415 | |
Artivion, Inc.* | 6,207 | 75,229 | |
AtriCure, Inc.* | 6,996 | 310,482 | |
Atrion Corp. | 207 | 115,806 | |
Avanos Medical, Inc.* | 7,068 | 191,260 | |
Axogen, Inc.* | 6,534 | 65,209 | |
Axonics, Inc.* | 7,529 | 470,788 | |
Bioventus, Inc. "A"* | 4,584 | 11,964 | |
Butterfly Network, Inc.* | 19,975 | 49,139 |
Shares | Value ($) | ||
Cardiovascular Systems, Inc.* | 6,478 | 88,230 | |
Cerus Corp.* | 26,140 | 95,411 | |
CONMED Corp. | 4,442 | 393,739 | |
Cue Health, Inc.* | 16,101 | 33,329 | |
Cutera, Inc.* | 2,496 | 110,373 | |
Embecta Corp. | 9,008 | 227,812 | |
Figs, Inc. "A"* | 20,065 | 135,037 | |
Glaukos Corp.* | 7,112 | 310,652 | |
Haemonetics Corp.* | 7,836 | 616,301 | |
Heska Corp.* | 1,456 | 90,505 | |
Inari Medical, Inc.* | 7,405 | 470,662 | |
Inogen, Inc.* | 3,482 | 68,630 | |
Inspire Medical Systems, Inc.* | 4,343 | 1,093,915 | |
Integer Holdings Corp.* | 5,106 | 349,557 | |
iRadimed Corp. | 1,220 | 34,514 | |
iRhythm Technologies, Inc.* | 4,622 | 432,943 | |
Lantheus Holdings, Inc.* | 10,560 | 538,138 | |
LeMaitre Vascular, Inc. | 3,064 | 141,005 | |
LivaNova PLC* | 8,211 | 456,039 | |
Meridian Bioscience, Inc.* | 6,530 | 216,861 | |
Merit Medical Systems, Inc.* | 8,617 | 608,533 | |
Mesa Laboratories, Inc. | 795 | 132,137 | |
Nano-X Imaging Ltd.* (a) | 7,375 | 54,428 | |
Neogen Corp.* | 33,225 | 506,017 | |
Nevro Corp.* | 5,338 | 211,385 | |
NuVasive, Inc.* | 8,020 | 330,745 | |
Omnicell, Inc.* | 6,842 | 344,974 | |
OraSure Technologies, Inc.* | 10,660 | 51,381 | |
Orthofix Medical, Inc.* | 2,868 | 58,880 | |
OrthoPediatrics Corp.* | 2,396 | 95,193 | |
Outset Medical, Inc.* | 7,485 | 193,263 | |
Owlet, Inc.* | 2,500 | 1,398 | |
Paragon 28, Inc.* | 6,938 | 132,585 | |
PROCEPT BioRobotics Corp.* (a) | 3,976 | 165,163 | |
Pulmonx Corp.* | 5,158 | 43,482 | |
RxSight, Inc.* | 2,993 | 37,921 | |
SeaSpine Holdings Corp.* | 5,502 | 45,942 | |
Senseonics Holdings, Inc.* (a) | 73,591 | 75,799 | |
Shockwave Medical, Inc.* | 5,476 | 1,125,920 | |
SI-BONE, Inc.* | 5,508 | 74,909 | |
Sight Sciences, Inc.* | 3,137 | 38,303 | |
Silk Road Medical, Inc.* | 5,803 | 306,689 | |
STAAR Surgical Co.* | 7,437 | 360,992 | |
Surmodics, Inc.* | 2,096 | 71,516 | |
Tactile Systems Technology, Inc.* | 2,930 | 33,636 | |
Tenon Medical, Inc.* | 2,885 | 4,558 | |
TransMedics Group, Inc.* | 4,724 | 291,565 | |
Treace Medical Concepts, Inc.* | 5,221 | 120,031 | |
UFP Technologies, Inc.* | 1,029 | 121,309 | |
Utah Medical Products, Inc. | 567 | 57,001 | |
Varex Imaging Corp.* | 6,127 | 124,378 | |
Vicarious Surgical, Inc.* | 7,911 | 15,980 |
18 | | DWS Small Cap Index VIP |
Shares | Value ($) | ||
ViewRay, Inc.* | 22,482 | 100,719 | |
Zimvie, Inc.* | 3,021 | 28,216 | |
Zynex, Inc. | 3,406 | 47,377 | |
13,418,811 | |||
Health Care Providers & Services 2.6% | |||
1Life Healthcare, Inc.* | 27,613 | 461,413 | |
23andme Holding Co. "A"* | 39,101 | 84,458 | |
Accolade, Inc.* | 9,785 | 76,225 | |
AdaptHealth Corp.* | 11,178 | 214,841 | |
Addus HomeCare Corp.* | 2,366 | 235,393 | |
Agiliti, Inc.* | 4,362 | 71,144 | |
AirSculpt Technologies, Inc. | 1,863 | 6,893 | |
Alignment Healthcare, Inc.* | 15,287 | 179,775 | |
AMN Healthcare Services, Inc.* | 6,674 | 686,221 | |
Apollo Medical Holdings, Inc.* | 6,099 | 180,470 | |
Ati Physical Therapy, Inc.* | 10,804 | 3,295 | |
Aveanna Healthcare Holdings, Inc.* | 5,986 | 4,669 | |
Babylon Holdings Ltd.* | 627 | 4,232 | |
Brookdale Senior Living, Inc.* | 27,988 | 76,407 | |
Cano Health, Inc.* | 24,360 | 33,373 | |
Caremax, Inc.* | 8,666 | 31,631 | |
Castle Biosciences, Inc.* | 3,894 | 91,665 | |
Clover Health Investments Corp.* | 57,366 | 53,322 | |
Community Health Systems, Inc.* | 19,944 | 86,158 | |
CorVel Corp.* | 1,346 | 195,614 | |
Cross Country Healthcare, Inc.* | 5,456 | 144,966 | |
Docgo, Inc.* | 13,019 | 92,044 | |
Fulgent Genetics, Inc.* | 3,239 | 96,458 | |
HealthEquity, Inc.* | 12,730 | 784,677 | |
Hims & Hers Health, Inc.* | 18,284 | 117,201 | |
Innovage Holding Corp.* | 2,834 | 20,348 | |
Invitae Corp.* | 37,947 | 70,582 | |
LHC Group, Inc.* | 4,601 | 743,936 | |
LifeStance Health Group, Inc.* | 10,962 | 54,152 | |
ModivCare, Inc.* | 1,927 | 172,910 | |
National HealthCare Corp. | 1,892 | 112,574 | |
National Research Corp. | 2,169 | 80,904 | |
Oncology Institute, Inc.* | 4,997 | 8,245 | |
OPKO Health, Inc.* | 64,187 | 80,234 | |
Option Care Health, Inc.* | 23,980 | 721,558 | |
Owens & Minor, Inc.* | 11,472 | 224,048 | |
P3 Health Partners, Inc.* | 3,673 | 6,758 | |
Patterson Companies, Inc. | 13,456 | 377,172 | |
Pediatrix Medical Group, Inc.* | 12,684 | 188,484 | |
PetIQ, Inc.* | 4,056 | 37,396 | |
Privia Health Group, Inc.* | 6,994 | 158,834 | |
Progyny, Inc.* | 11,623 | 362,057 | |
R1 Rcm, Inc.* | 23,376 | 255,967 | |
RadNet, Inc.* | 7,576 | 142,656 |
Shares | Value ($) | ||
Select Medical Holdings Corp. | 15,895 | 394,673 | |
Sema4 Holdings Corp.* | 22,866 | 6,032 | |
Surgery Partners, Inc.* | 7,608 | 211,959 | |
The Ensign Group, Inc. | 8,307 | 785,925 | |
The Joint Corp.* | 2,095 | 29,288 | |
The Pennant Group, Inc.* | 3,857 | 42,350 | |
U.S. Physical Therapy, Inc. | 1,942 | 157,360 | |
9,458,947 | |||
Health Care Technology 0.5% | |||
Allscripts Healthcare Solutions, Inc.* | 16,505 | 291,148 | |
American Well Corp. "A"* | 36,312 | 102,763 | |
Computer Programs & Systems, Inc.* | 2,115 | 57,570 | |
Evolent Health, Inc. "A"* | 12,668 | 355,718 | |
Health Catalyst, Inc.* | 8,734 | 92,842 | |
HealthStream, Inc.* | 3,661 | 90,939 | |
Multiplan Corp.* | 60,368 | 69,423 | |
NextGen Healthcare, Inc.* | 8,625 | 161,978 | |
Nutex Health, Inc.* (a) | 39,170 | 74,423 | |
OptimizeRx Corp.* | 2,658 | 44,654 | |
Pear Therapeutics, Inc.* (a) | 10,331 | 12,191 | |
Phreesia, Inc.* | 7,670 | 248,201 | |
Schrodinger, Inc.* | 8,259 | 154,361 | |
Sharecare, Inc.* | 46,558 | 74,493 | |
Simulations Plus, Inc. | 2,349 | 85,903 | |
1,916,607 | |||
Life Sciences Tools & Services 0.7% | |||
Abcellera Biologics, Inc.* | 32,218 | 326,368 | |
Adaptive Biotechnologies Corp.* | 16,959 | 129,567 | |
Akoya Biosciences, Inc.* | 2,408 | 23,045 | |
Alpha Teknova, Inc.* | 1,002 | 5,651 | |
Berkeley Lights, Inc.* | 8,304 | 22,255 | |
BioLife Solutions, Inc.* | 5,076 | 92,383 | |
Bionano Genomics, Inc.* | 46,897 | 68,470 | |
Codexis, Inc.* | 9,273 | 43,212 | |
CryoPort, Inc.* | 6,633 | 115,082 | |
Cytek Biosciences, Inc.* (a) | 17,430 | 177,960 | |
Inotiv, Inc.* | 2,631 | 12,997 | |
MaxCyte, Inc.* | 13,163 | 71,870 | |
Medpace Holdings, Inc.* | 3,921 | 832,860 | |
NanoString Technologies, Inc.* | 7,023 | 55,973 | |
Nautilus Biotechnology, Inc.* | 6,888 | 12,398 | |
NeoGenomics, Inc.* | 19,568 | 180,808 | |
OmniAb, Inc.* | 12,713 | 45,767 | |
Pacific Biosciences of California, Inc.* | 35,100 | 287,118 | |
Quanterix Corp.* | 4,968 | 68,807 | |
Quantum-si, Inc.* | 13,273 | 24,290 | |
Science 37 Holdings, Inc.* | 9,047 | 3,756 | |
Seer, Inc.* | 7,832 | 45,426 |
DWS Small Cap Index VIP | | 19 |
Shares | Value ($) | ||
Singular Genomics Systems Inc.* | 8,166 | 16,414 | |
Somalogic, Inc.* | 22,674 | 56,912 | |
2,719,389 | |||
Pharmaceuticals 1.7% | |||
Aclaris Therapeutics, Inc.* | 9,773 | 153,925 | |
Amneal Pharmaceuticals, Inc.* | 15,449 | 30,743 | |
Amphastar Pharmaceuticals, Inc.* | 5,835 | 163,497 | |
Amylyx Pharmaceuticals, Inc.* | 7,751 | 286,399 | |
An2 Therapeutics, Inc.* | 1,841 | 17,545 | |
ANI Pharmaceuticals, Inc.* | 2,023 | 81,385 | |
Arvinas, Inc.* | 7,453 | 254,967 | |
Atea Pharmaceuticals, Inc.* | 12,438 | 59,827 | |
Athira Pharma, Inc.* | 4,925 | 15,612 | |
Axsome Therapeutics, Inc.* | 4,920 | 379,480 | |
Cara Therapeutics, Inc.* | 7,069 | 75,921 | |
Cassava Sciences, Inc.* (a) | 5,922 | 174,936 | |
Cincor Pharma, Inc.* | 3,902 | 47,956 | |
Collegium Pharmaceutical, Inc.* | 5,120 | 118,784 | |
Corcept Therapeutics, Inc.* | 13,279 | 269,696 | |
DICE Therapeutics, Inc.* | 5,440 | 169,728 | |
Edgewise Therapeutics, Inc.* | 5,868 | 52,460 | |
Esperion Therapeutics, Inc.* | 11,578 | 72,131 | |
Evolus, Inc.* | 5,379 | 40,396 | |
EyePoint Pharmaceuticals, Inc.* | 3,966 | 13,881 | |
Fulcrum Therapeutics, Inc.* | 6,732 | 49,009 | |
Harmony Biosciences Holdings, Inc.* | 4,055 | 223,430 | |
Innoviva, Inc.* | 9,980 | 132,235 | |
Intra-Cellular Therapies, Inc.* | 14,062 | 744,161 | |
Ligand Pharmaceuticals, Inc.* | 2,363 | 157,848 | |
Liquidia Corp.* | 6,952 | 44,284 | |
Nektar Therapeutics* | 27,327 | 61,759 | |
NGM Biopharmaceuticals, Inc.* | 5,941 | 29,824 | |
Nuvation Bio, Inc.* | 16,918 | 32,483 | |
Ocular Therapeutix, Inc.* | 11,617 | 32,644 | |
Pacira BioSciences, Inc.* | 6,855 | 264,672 | |
Phathom Pharmaceuticals, Inc.* | 4,081 | 45,789 | |
Phibro Animal Health Corp. "A" | 3,118 | 41,812 | |
Prestige Consumer Healthcare, Inc.* | 7,702 | 482,145 | |
Provention Bio, Inc.* | 9,922 | 104,875 | |
Reata Pharmaceuticals, Inc. "A"* | 4,334 | 164,649 | |
Relmada Therapeutics, Inc.* | 4,126 | 14,400 | |
Revance Therapeutics, Inc.* | 12,421 | 229,292 | |
SIGA Technologies, Inc. | 7,063 | 51,984 | |
Supernus Pharmaceuticals, Inc.* | 7,659 | 273,196 |
Shares | Value ($) | ||
Tarsus Pharmaceuticals, Inc.* | 3,028 | 44,390 | |
Theravance Biopharma, Inc.* | 10,263 | 115,151 | |
Theseus Pharmaceuticals, Inc.* | 2,670 | 13,297 | |
Third Harmonic Bio, Inc.* (a) | 1,976 | 8,497 | |
Tricida, Inc.* | 4,848 | 741 | |
Ventyx Biosciences, Inc.* | 3,848 | 126,176 | |
Xeris Biopharma Holdings, Inc.* | 19,200 | 25,536 | |
5,993,548 | |||
Industrials 15.1% | |||
Aerospace & Defense 1.0% | |||
AAR Corp.* | 5,172 | 232,223 | |
Aerojet Rocketdyne Holdings, Inc.* (a) | 12,197 | 682,178 | |
AeroVironment, Inc.* | 3,756 | 321,739 | |
AerSale Corp.* | 3,446 | 55,894 | |
Archer Aviation, Inc. "A"* | 20,922 | 39,124 | |
Astra Space, Inc.* | 20,850 | 9,045 | |
Astronics Corp.* | 3,895 | 40,118 | |
Cadre Holdings, Inc. | 2,800 | 56,392 | |
Ducommun, Inc.* | 1,662 | 83,034 | |
Kaman Corp. | 4,209 | 93,861 | |
Kratos Defense & Security Solutions, Inc.* | 18,847 | 194,501 | |
Maxar Technologies, Inc. (a) | 11,226 | 580,833 | |
Momentus, Inc.* | 7,896 | 6,158 | |
Moog, Inc. "A" | 4,386 | 384,915 | |
National Presto Industries, Inc. | 775 | 53,056 | |
Park Aerospace Corp. | 3,048 | 40,874 | |
Parsons Corp.* | 5,149 | 238,141 | |
Redwire Corp.* | 2,772 | 5,489 | |
Rocket Lab USA, Inc.* | 32,748 | 123,460 | |
Terran Orbital Corp.* | 8,908 | 14,075 | |
Triumph Group, Inc.* | 10,034 | 105,558 | |
V2X, Inc.* | 1,780 | 73,496 | |
Virgin Galactic Holdings Inc.* (a) | 38,079 | 132,515 | |
3,566,679 | |||
Air Freight & Logistics 0.4% | |||
Air Transport Services Group, Inc.* | 8,966 | 232,937 | |
Atlas Air Worldwide Holdings, Inc.* | 4,327 | 436,161 | |
Forward Air Corp. | 4,120 | 432,147 | |
Hub Group, Inc. "A"* | 4,923 | 391,329 | |
Radiant Logistics, Inc.* | 5,654 | 28,779 | |
1,521,353 | |||
Airlines 0.3% | |||
Allegiant Travel Co.* | 2,443 | 166,100 | |
Blade Air Mobility, Inc.* | 8,154 | 29,191 | |
Frontier Group Holdings, Inc.* | 5,850 | 60,079 | |
Hawaiian Holdings, Inc.* | 7,720 | 79,207 | |
Joby Aviation, Inc.* (a) | 39,700 | 132,995 |
20 | | DWS Small Cap Index VIP |
Shares | Value ($) | ||
SkyWest, Inc.* | 7,881 | 130,115 | |
Spirit Airlines, Inc. | 16,645 | 324,245 | |
Sun Country Airlines Holdings, Inc.* | 5,020 | 79,617 | |
Wheels Up Experience, Inc.* | 23,151 | 23,846 | |
1,025,395 | |||
Building Products 1.2% | |||
AAON, Inc. | 6,752 | 508,561 | |
American Woodmark Corp.* | 2,602 | 127,134 | |
Apogee Enterprises, Inc. | 3,498 | 155,521 | |
Caesarstone Ltd. | 3,272 | 18,683 | |
CSW Industrials, Inc. | 2,234 | 258,988 | |
Gibraltar Industries, Inc.* | 4,859 | 222,931 | |
Griffon Corp. | 7,105 | 254,288 | |
Insteel Industries, Inc. | 2,817 | 77,524 | |
Janus International Group, Inc.* | 12,875 | 122,570 | |
JELD-WEN Holding, Inc.* | 12,664 | 122,208 | |
Masonite International Corp.* | 3,410 | 274,880 | |
PGT Innovations, Inc.* | 8,801 | 158,066 | |
Quanex Building Products Corp. | 5,024 | 118,968 | |
Resideo Technologies, Inc.* | 22,178 | 364,828 | |
Simpson Manufacturing Co., Inc. | 6,585 | 583,826 | |
UFP Industries, Inc. | 9,205 | 729,496 | |
View, Inc.* | 16,198 | 15,629 | |
Zurn Elkay Water Solutions Corp. | 19,181 | 405,678 | |
4,519,779 | |||
Commercial Services & Supplies 1.4% | |||
ABM Industries, Inc. | 10,191 | 452,684 | |
ACCO Brands Corp. | 14,335 | 80,133 | |
Acv Auctions, Inc. "A"* | 18,145 | 148,970 | |
Aris Water Solution, Inc. "A" | 3,311 | 47,712 | |
Brady Corp. "A" | 7,087 | 333,798 | |
BrightView Holdings, Inc.* | 7,375 | 50,814 | |
Casella Waste Systems, Inc. "A"* | 7,680 | 609,101 | |
Cimpress PLC* | 2,828 | 78,081 | |
CompX International, Inc. | 256 | 4,731 | |
CoreCivic, Inc.* | 17,665 | 204,207 | |
Deluxe Corp. | 6,870 | 116,653 | |
Ennis, Inc. | 3,826 | 84,784 | |
Harsco Corp.* | 12,567 | 79,046 | |
Healthcare Services Group, Inc. | 11,274 | 135,288 | |
Heritage-Crystal Clean, Inc.* | 2,383 | 77,400 | |
HNI Corp. | 6,280 | 178,540 | |
Interface, Inc. | 8,824 | 87,093 | |
KAR Auction Services, Inc.* | 16,785 | 219,044 | |
Kimball International, Inc. "B" | 5,579 | 36,263 | |
Li-cycle Holdings Corp.* (a) | 20,632 | 98,208 | |
Matthews International Corp. "A" | 4,501 | 137,010 | |
MillerKnoll, Inc. | 11,625 | 244,241 |
Shares | Value ($) | ||
Montrose Environmental Group, Inc.* | 4,194 | 186,172 | |
NL Industries, Inc. | 960 | 6,538 | |
Pitney Bowes, Inc. | 26,360 | 100,168 | |
Quad Graphics, Inc.* | 5,069 | 20,682 | |
SP Plus Corp.* | 3,204 | 111,243 | |
Steelcase, Inc. "A" | 13,931 | 98,492 | |
The Brink's Co. | 7,039 | 378,065 | |
The GEO Group, Inc.* | 18,302 | 200,407 | |
UniFirst Corp. | 2,304 | 444,649 | |
Viad Corp.* | 3,256 | 79,414 | |
VSE Corp. | 1,559 | 73,086 | |
5,202,717 | |||
Construction & Engineering 1.6% | |||
Ameresco, Inc. "A"* | 4,920 | 281,129 | |
API Group Corp.* | 32,037 | 602,616 | |
Arcosa, Inc. | 7,490 | 407,007 | |
Argan, Inc. | 2,042 | 75,309 | |
Comfort Systems U.S.A., Inc. | 5,446 | 626,726 | |
Concrete Pumping Holdings, Inc.* | 4,174 | 24,418 | |
Construction Partners, Inc. "A"* | 6,080 | 162,275 | |
Dycom Industries, Inc.* | 4,479 | 419,234 | |
EMCOR Group, Inc. | 7,246 | 1,073,205 | |
Fluor Corp.* | 21,808 | 755,865 | |
Granite Construction, Inc. | 6,770 | 237,424 | |
Great Lakes Dredge & Dock Corp.* | 9,865 | 58,697 | |
IES Holdings, Inc.* | 1,268 | 45,103 | |
MYR Group, Inc.* | 2,508 | 230,911 | |
Northwest Pipe Co.* | 1,585 | 53,414 | |
NV5 Global, Inc.* | 2,092 | 276,813 | |
Primoris Services Corp. | 8,087 | 177,429 | |
Sterling Infrastructure, Inc.* | 4,616 | 151,405 | |
Tutor Perini Corp.* | 6,356 | 47,988 | |
5,706,968 | |||
Electrical Equipment 1.4% | |||
Allied Motion Technologies, Inc. | 2,141 | 74,528 | |
Array Technologies, Inc.* | 23,301 | 450,408 | |
Atkore, Inc.* | 6,354 | 720,671 | |
AZZ, Inc. | 3,736 | 150,187 | |
Babcock & Wilcox Enterprises, Inc.* | 9,012 | 51,999 | |
Blink Charging Co.* (a) | 5,754 | 63,121 | |
Bloom Energy Corp. "A"* | 27,716 | 529,930 | |
Encore Wire Corp. | 2,707 | 372,375 | |
Energy Vault Holdings, Inc.* | 13,408 | 41,833 | |
EnerSys | 6,307 | 465,709 | |
Enovix Corp.* | 16,501 | 205,273 | |
Ess Tech, Inc.* | 11,717 | 28,472 | |
Fluence Energy, Inc.* (a) | 5,390 | 92,439 | |
FTC Solar, Inc.* | 6,032 | 16,166 | |
FuelCell Energy, Inc.* | 63,591 | 176,783 |
DWS Small Cap Index VIP | | 21 |
Shares | Value ($) | ||
GrafTech International, Ltd. | 30,453 | 144,956 | |
Heliogen, Inc.* | 13,014 | 9,086 | |
Nuscale Power Corp.* (a) | 5,036 | 51,669 | |
Powell Industries, Inc. | 1,438 | 50,589 | |
Preformed Line Products Co. | 404 | 33,649 | |
Shoals Technologies Group, Inc. "A"* | 21,111 | 520,808 | |
Stem, Inc.* | 22,039 | 197,029 | |
SunPower Corp.* | 12,634 | 227,791 | |
Thermon Group Holdings, Inc.* | 5,007 | 100,541 | |
TPI Composites, Inc.* | 5,491 | 55,679 | |
Vicor Corp.* | 3,354 | 180,278 | |
5,011,969 | |||
Industrial Conglomerates 0.0% | |||
Brookfield Business Corp. "A" | 4,169 | 78,336 | |
Machinery 3.7% | |||
3D Systems Corp.* | 19,322 | 142,983 | |
Alamo Group, Inc. | 1,572 | 222,595 | |
Albany International Corp. "A" | 4,783 | 471,556 | |
Altra Industrial Motion Corp. | 10,046 | 600,248 | |
Astec Industries, Inc. | 3,476 | 141,334 | |
Barnes Group, Inc. | 7,621 | 311,318 | |
Berkshire Grey, Inc.* | 7,026 | 4,243 | |
Blue Bird Corp.* | 2,583 | 27,664 | |
Chart Industries, Inc.* | 6,571 | 757,176 | |
CIRCOR International, Inc.* | 2,832 | 67,855 | |
Columbus McKinnon Corp. | 4,248 | 137,932 | |
Desktop Metal, Inc. "A"* (a) | 43,472 | 59,122 | |
Douglas Dynamics, Inc. | 3,411 | 123,342 | |
Energy Recovery, Inc.* | 8,551 | 175,210 | |
Enerpac Tool Group Corp. | 8,919 | 226,988 | |
EnPro Industries, Inc. | 3,232 | 351,286 | |
ESCO Technologies, Inc. | 3,981 | 348,497 | |
Evoqua Water Technologies Corp.* | 18,121 | 717,592 | |
Fathom Digital Manufacturing Co.* | 1,449 | 1,913 | |
Federal Signal Corp. | 9,175 | 426,362 | |
Franklin Electric Co., Inc. | 7,110 | 567,022 | |
Gorman-Rupp Co. | 3,427 | 87,800 | |
Greenbrier Companies, Inc. | 4,972 | 166,711 | |
Helios Technologies, Inc. | 4,987 | 271,492 | |
Hillenbrand, Inc. | 10,631 | 453,625 | |
Hillman Solutions Corp.* | 20,498 | 147,791 | |
Hydrofarm Holdings Group, Inc.* | 6,832 | 10,590 | |
Hyliion Holdings Corp.* | 20,273 | 47,439 | |
Hyster-Yale Materials Handling, Inc. | 1,798 | 45,507 | |
Hyzon Motors, Inc.* (a) | 12,762 | 19,781 | |
John Bean Technologies Corp. | 4,857 | 443,590 | |
Kadant, Inc. | 1,777 | 315,648 | |
Kennametal, Inc. | 12,482 | 300,317 | |
Lightning eMotors, Inc.* | 5,652 | 2,071 | |
Lindsay Corp. | 1,704 | 277,496 |
Shares | Value ($) | ||
Luxfer Holdings PLC | 4,237 | 58,132 | |
Markforged Holding Corp.* | 15,973 | 18,529 | |
Microvast Holdings, Inc.* | 27,882 | 42,659 | |
Miller Industries, Inc. | 1,713 | 45,669 | |
Mueller Industries, Inc. | 8,590 | 506,810 | |
Mueller Water Products, Inc. "A" | 23,893 | 257,089 | |
Nikola Corp.* (a) | 51,356 | 110,929 | |
Omega Flex, Inc. | 497 | 46,380 | |
Proterra, Inc.* | 34,867 | 131,449 | |
Proto Labs, Inc.* | 4,140 | 105,694 | |
RBC Bearings, Inc.* | 4,385 | 918,000 | |
REV Group, Inc. | 5,179 | 65,359 | |
Sarcos Technology and Robotics Corp.* | 16,210 | 9,099 | |
Shyft Group, Inc. | 5,242 | 130,316 | |
SPX Technologies, Inc.* | 6,763 | 443,991 | |
Standex International Corp. | 1,822 | 186,591 | |
Tennant Co. | 2,826 | 173,997 | |
Terex Corp. | 10,295 | 439,802 | |
The Manitowoc Co., Inc.* | 5,315 | 48,685 | |
Titan International, Inc.* | 7,705 | 118,041 | |
Trinity Industries, Inc. | 12,670 | 374,652 | |
Velo3D, Inc.* | 8,161 | 14,608 | |
Wabash National Corp. | 7,288 | 164,709 | |
Watts Water Technologies, Inc. "A" | 4,215 | 616,359 | |
Xos, Inc.* | 7,846 | 3,475 | |
13,503,120 | |||
Marine 0.2% | |||
Costamare, Inc. | 8,121 | 75,363 | |
Eagle Bulk Shipping, Inc. | 2,094 | 104,574 | |
Eneti, Inc. | 3,323 | 33,396 | |
Genco Shipping & Trading Ltd. | 5,746 | 88,258 | |
Golden Ocean Group Ltd. | 19,014 | 165,232 | |
Matson, Inc. | 5,739 | 358,745 | |
Safe Bulkers, Inc. | 10,836 | 31,533 | |
857,101 | |||
Professional Services 1.6% | |||
Alight, Inc. "A"* | 52,625 | 439,945 | |
ASGN, Inc.* | 7,592 | 618,596 | |
Atlas Technical Consultants, Inc.* | 2,970 | 15,296 | |
Barrett Business Services, Inc. | 1,053 | 98,224 | |
CBIZ, Inc.* | 7,414 | 347,346 | |
CRA International, Inc. | 1,088 | 133,204 | |
Exponent, Inc. | 7,794 | 772,307 | |
First Advantage Corp.* | 8,834 | 114,842 | |
Forrester Research, Inc.* | 1,716 | 61,364 | |
Franklin Covey Co.* | 1,803 | 84,326 | |
Heidrick & Struggles International, Inc. | 2,959 | 82,763 | |
HireRight Holdings Corp.* | 2,998 | 35,556 | |
Huron Consulting Group, Inc.* | 3,084 | 223,898 |
22 | | DWS Small Cap Index VIP |
Shares | Value ($) | ||
ICF International, Inc. | 2,812 | 278,529 | |
Insperity, Inc. | 5,582 | 634,115 | |
Kelly Services, Inc. "A" | 5,110 | 86,359 | |
Kforce, Inc. | 3,098 | 169,863 | |
Korn Ferry | 8,237 | 416,957 | |
Legalzoom.com, Inc.* | 14,554 | 112,648 | |
Planet Labs PBC* | 23,393 | 101,760 | |
Red Violet, Inc.* | 1,384 | 31,860 | |
Resources Connection, Inc. | 5,033 | 92,507 | |
Skillsoft Corp.* | 11,774 | 15,306 | |
Spire Global, Inc.* | 18,108 | 17,384 | |
Sterling Check Corp.* | 3,454 | 53,433 | |
TriNet Group, Inc.* | 5,796 | 392,969 | |
TrueBlue, Inc.* | 4,852 | 95,002 | |
Upwork, Inc.* | 18,841 | 196,700 | |
Willdan Group, Inc.* | 1,773 | 31,648 | |
5,754,707 | |||
Road & Rail 0.6% | |||
ArcBest Corp. | 3,797 | 265,942 | |
Bird Global, Inc. "A"* | 24,667 | 4,445 | |
Covenant Logistics Group, Inc. | 1,434 | 49,573 | |
Daseke, Inc.* | 6,775 | 38,550 | |
Heartland Express, Inc. | 7,042 | 108,024 | |
Marten Transport Ltd. | 8,861 | 175,270 | |
P.A.M. Transportation Services, Inc.* | 1,054 | 27,299 | |
Saia, Inc.* | 4,075 | 854,446 | |
Tusimple Holdings, Inc. "A"* | 21,048 | 34,519 | |
Universal Logistics Holdings, Inc. | 1,097 | 36,684 | |
Werner Enterprises, Inc. | 9,707 | 390,804 | |
1,985,556 | |||
Trading Companies & Distributors 1.7% | |||
Alta Equipment Group, Inc. | 3,243 | 42,775 | |
Applied Industrial Technologies, Inc. | 5,900 | 743,577 | |
Beacon Roofing Supply, Inc.* | 7,935 | 418,889 | |
BlueLinx Holdings, Inc.* | 1,378 | 97,989 | |
Boise Cascade Co. | 6,083 | 417,720 | |
Custom Truck One Source, Inc.* | 8,846 | 55,907 | |
Distribution Solutions Group, Inc.* | 831 | 30,631 | |
DXP Enterprises, Inc.* | 2,469 | 68,021 | |
GATX Corp. | 5,407 | 574,980 | |
Global Industrial Co. | 1,936 | 45,554 | |
GMS, Inc.* | 6,624 | 329,875 | |
H&E Equipment Services, Inc. | 4,978 | 226,001 | |
Herc Holdings, Inc. | 3,869 | 509,044 | |
Hudson Technologies, Inc.* | 6,658 | 67,379 | |
Karat Packaging, Inc. | 711 | 10,217 | |
McGrath RentCorp. | 3,709 | 366,227 | |
MRC Global, Inc.* | 12,970 | 150,193 | |
NOW, Inc.* | 16,851 | 214,008 |
Shares | Value ($) | ||
Rush Enterprises, Inc. "A" | 6,335 | 331,194 | |
Rush Enterprises, Inc. "B" | 1,070 | 60,209 | |
Textainer Group Holdings Ltd. | 6,809 | 211,147 | |
Titan Machinery, Inc.* | 3,062 | 121,653 | |
Transcat, Inc.* | 1,066 | 75,547 | |
Triton International Ltd. | 8,973 | 617,163 | |
Veritiv Corp. | 2,005 | 244,028 | |
6,029,928 | |||
Information Technology 12.3% | |||
Communications Equipment 0.9% | |||
ADTRAN Holdings, Inc. | 11,911 | 223,808 | |
Aviat Networks, Inc.* | 1,649 | 51,432 | |
Calix, Inc.* | 8,845 | 605,263 | |
Cambium Networks Corp.* | 1,765 | 38,248 | |
Casa Systems, Inc.* | 5,571 | 15,209 | |
Clearfield, Inc.* | 1,787 | 168,228 | |
CommScope Holding Co., Inc.* | 31,917 | 234,590 | |
Comtech Telecommunications Corp. | 3,836 | 46,569 | |
Digi International, Inc.* | 5,314 | 194,227 | |
DZS, Inc.* | 2,494 | 31,624 | |
Extreme Networks, Inc.* | 19,772 | 362,025 | |
Harmonic, Inc.* | 13,896 | 182,038 | |
Infinera Corp.* | 29,621 | 199,646 | |
Inseego Corp.* | 12,848 | 10,825 | |
NETGEAR, Inc.* | 4,531 | 82,056 | |
NetScout Systems, Inc.* | 10,579 | 343,923 | |
Ondas Holdings, Inc.* | 4,958 | 7,883 | |
Ribbon Communications, Inc.* | 10,566 | 29,479 | |
Viavi Solutions, Inc.* | 35,363 | 371,665 | |
3,198,738 | |||
Electronic Equipment, Instruments & Components 2.3% | |||
908 Devices, Inc.* | 3,230 | 24,613 | |
Advanced Energy Industries, Inc. | 5,822 | 499,411 | |
Aeva Technologies, Inc.* | 14,046 | 19,103 | |
Aeye, Inc.* | 18,037 | 8,669 | |
Akoustis Technologies, Inc.* | 8,136 | 22,944 | |
Arlo Technologies, Inc.* | 14,407 | 50,569 | |
Badger Meter, Inc. | 4,509 | 491,616 | |
Belden, Inc. | 6,495 | 466,991 | |
Benchmark Electronics, Inc. | 5,315 | 141,857 | |
Cepton, Inc.* | 6,847 | 8,696 | |
CTS Corp. | 4,839 | 190,753 | |
ePlus, Inc.* | 4,048 | 179,245 | |
Evolv Technologies Holdings, Inc.* | 12,220 | 31,650 | |
Fabrinet* | 5,679 | 728,161 | |
FARO Technologies, Inc.* | 3,009 | 88,495 | |
Focus Universal, Inc.* (a) | 2,586 | 16,576 | |
Identiv, Inc.* | 3,177 | 23,001 | |
Insight Enterprises, Inc.* | 4,851 | 486,410 |
DWS Small Cap Index VIP | | 23 |
Shares | Value ($) | ||
Itron, Inc.* | 6,917 | 350,346 | |
Kimball Electronics, Inc.* | 3,837 | 86,678 | |
Knowles Corp.* | 13,704 | 225,020 | |
Lightwave Logic, Inc.* | 17,659 | 76,110 | |
Methode Electronics, Inc. | 5,629 | 249,759 | |
MicroVision, Inc.* | 26,782 | 62,938 | |
Mirion Technologies, Inc.* | 21,663 | 143,192 | |
Napco Security Technologies, Inc.* | 4,633 | 127,315 | |
nLight, Inc.* | 7,166 | 72,663 | |
Novanta, Inc.* | 5,478 | 744,296 | |
OSI Systems, Inc.* | 2,474 | 196,732 | |
Ouster, Inc.* | 20,547 | 17,732 | |
PAR Technology Corp.* | 4,007 | 104,462 | |
PC Connection, Inc. | 1,698 | 79,636 | |
Plexus Corp.* | 4,220 | 434,365 | |
Rogers Corp.* | 2,904 | 346,563 | |
Sanmina Corp.* | 8,754 | 501,517 | |
ScanSource, Inc.* | 3,861 | 112,818 | |
SmartRent, Inc.* | 20,117 | 48,884 | |
TTM Technologies, Inc.* | 15,724 | 237,118 | |
Velodyne Lidar, Inc.* | 33,994 | 25,111 | |
Vishay Intertechnology, Inc. | 19,924 | 429,761 | |
Vishay Precision Group, Inc.* | 1,894 | 73,203 | |
8,224,979 | |||
IT Services 1.9% | |||
AvidXchange Holdings, Inc.* | 22,391 | 222,567 | |
BigCommerce Holdings, Inc.* | 10,315 | 90,153 | |
Brightcove, Inc.* | 6,293 | 32,912 | |
Cantaloupe, Inc.* | 8,950 | 38,932 | |
Cass Information Systems, Inc. | 2,024 | 92,740 | |
Cerberus Cyber Sentinel Corp.* (a) | 6,661 | 16,986 | |
Conduent, Inc.* | 25,593 | 103,652 | |
CSG Systems International, Inc. | 4,810 | 275,132 | |
Cyxtera Technologies, Inc.* | 5,304 | 10,184 | |
DigitalOcean Holdings, Inc.* | 10,669 | 271,739 | |
Edgio, Inc.* | 20,668 | 23,355 | |
EVERTEC, Inc. | 9,517 | 308,160 | |
Evo Payments, Inc. "A"* | 7,305 | 247,201 | |
ExlService Holdings, Inc.* | 4,988 | 845,117 | |
Fastly, Inc. "A"* | 17,618 | 144,291 | |
Flywire Corp.* | 8,757 | 214,284 | |
Grid Dynamics Holdings, Inc.* | 8,388 | 94,113 | |
I3 Verticals, Inc. "A"* | 3,295 | 80,200 | |
IBEX Holdings Ltd.* | 1,441 | 35,809 | |
Information Services Group, Inc. | 5,187 | 23,860 | |
International Money Express, Inc.* | 4,893 | 119,242 | |
Marqeta, Inc. "A"* | 66,677 | 407,396 | |
Maximus, Inc. | 9,307 | 682,482 | |
MoneyGram International, Inc.* | 14,585 | 158,831 |
Shares | Value ($) | ||
Paya Holdings, Inc.* | 13,258 | 104,340 | |
Payoneer Global, Inc.* | 33,878 | 185,313 | |
Paysafe Ltd.* | 4,266 | 59,255 | |
Perficient, Inc.* | 5,303 | 370,308 | |
PFSweb, Inc. | 2,414 | 14,846 | |
Priority Technology Holdings, Inc.* | 2,596 | 13,655 | |
Rackspace Technology, Inc.* | 8,261 | 24,370 | |
Remitly Global, Inc.* | 15,588 | 178,483 | |
Repay Holdings Corp.* | 13,195 | 106,220 | |
Sabre Corp.* | 50,572 | 312,535 | |
Squarespace, Inc. "A"* | 4,741 | 105,108 | |
Stoneco Ltd. "A"* | 43,040 | 406,298 | |
The Hackett Group, Inc. | 4,068 | 82,865 | |
TTEC Holdings, Inc. | 2,968 | 130,978 | |
Tucows, Inc. "A"* | 1,493 | 50,643 | |
Unisys Corp.* | 9,733 | 49,736 | |
Verra Mobility Corp.* | 21,630 | 299,143 | |
7,033,434 | |||
Semiconductors & Semiconductor Equipment 2.5% | |||
Acm Research, Inc. "A"* | 7,217 | 55,643 | |
Alpha & Omega Semiconductor Ltd.* | 3,500 | 99,995 | |
Ambarella, Inc.* | 5,573 | 458,268 | |
Amkor Technology, Inc. | 15,592 | 373,896 | |
Atomera, Inc.* | 2,972 | 18,486 | |
Axcelis Technologies, Inc.* | 5,039 | 399,895 | |
AXT, Inc.* | 6,078 | 26,622 | |
CEVA, Inc.* | 3,469 | 88,737 | |
Cohu, Inc.* | 7,294 | 233,773 | |
Credo Technology Group Holding Ltd.* | 14,982 | 199,410 | |
Diodes, Inc.* | 6,854 | 521,864 | |
FormFactor, Inc.* | 11,967 | 266,026 | |
Ichor Holdings Ltd.* | 4,421 | 118,571 | |
Impinj, Inc.* | 3,311 | 361,495 | |
Indie Semiconductor, Inc. "A"* | 15,448 | 90,062 | |
Kulicke & Soffa Industries, Inc. | 8,815 | 390,152 | |
MACOM Technology Solutions Holdings, Inc.* | 7,784 | 490,236 | |
MaxLinear, Inc.* | 11,188 | 379,833 | |
Onto Innovation, Inc.* | 7,608 | 518,029 | |
PDF Solutions, Inc.* | 4,562 | 130,108 | |
Photronics, Inc.* | 9,316 | 156,788 | |
Power Integrations, Inc. | 8,751 | 627,622 | |
Rambus, Inc.* | 16,481 | 590,349 | |
Rigetti Computing, Inc.* | 14,801 | 10,793 | |
Rockley Photonics Holdings Ltd.* | 14,815 | 2,076 | |
Semtech Corp.* | 9,703 | 278,379 | |
Silicon Laboratories, Inc.* | 5,059 | 686,354 | |
SiTime Corp.* | 2,520 | 256,082 | |
SkyWater Technology, Inc.* | 1,919 | 13,644 | |
SMART Global Holdings, Inc.* | 7,394 | 110,023 |
24 | | DWS Small Cap Index VIP |
Shares | Value ($) | ||
Synaptics, Inc.* | 6,089 | 579,429 | |
Transphorm, Inc.* | 3,124 | 16,995 | |
Ultra Clean Holdings, Inc.* | 6,916 | 229,265 | |
Veeco Instruments, Inc.* | 7,722 | 143,475 | |
8,922,375 | |||
Software 4.4% | |||
8x8, Inc.* | 17,851 | 77,116 | |
A10 Networks, Inc. | 9,855 | 163,889 | |
ACI Worldwide, Inc.* | 17,341 | 398,843 | |
Adeia, Inc. | 16,199 | 153,567 | |
Agilysys, Inc.* | 3,081 | 243,830 | |
Alarm.com Holdings, Inc.* | 7,387 | 365,509 | |
Alkami Technology, Inc.* | 5,476 | 79,895 | |
Altair Engineering, Inc. "A"* | 7,984 | 363,032 | |
American Software, Inc. "A" | 5,096 | 74,809 | |
Amplitude, Inc. "A"* | 8,885 | 107,331 | |
Appfolio, Inc. "A"* | 2,952 | 311,082 | |
Appian Corp.* | 6,083 | 198,062 | |
Applied Digital Corp.* | 12,129 | 22,317 | |
Arteris, Inc.* | 2,460 | 10,578 | |
Asana, Inc. "A"* | 11,570 | 159,319 | |
Avaya Holdings Corp.* | 12,302 | 2,411 | |
Avepoint, Inc.* | 19,561 | 80,396 | |
Benefitfocus, Inc.* | 3,761 | 39,340 | |
Blackbaud, Inc.* | 7,194 | 423,439 | |
Blackline, Inc.* | 8,462 | 569,239 | |
Blend Labs, Inc. "A"* | 31,933 | 45,984 | |
Box, Inc. "A"* | 21,556 | 671,038 | |
C3.ai, Inc. "A"* | 9,291 | 103,966 | |
Cerence, Inc.* | 5,931 | 109,901 | |
Cipher Mining, Inc.* | 5,601 | 3,137 | |
Cleanspark, Inc.* | 6,063 | 12,369 | |
Clear Secure, Inc. "A" | 9,620 | 263,877 | |
CommVault Systems, Inc.* | 6,859 | 431,020 | |
Consensus Cloud Solutions, Inc.* | 2,943 | 158,216 | |
Couchbase, Inc.* | 4,507 | 59,763 | |
CS Disco, Inc.* | 3,240 | 20,477 | |
Cvent Holding Corp.* | 7,529 | 40,657 | |
Digimarc Corp.* | 2,086 | 38,570 | |
Digital Turbine, Inc.* | 14,252 | 217,200 | |
Domo, Inc. "B"* | 4,592 | 65,390 | |
Duck Creek Technologies, Inc.* | 12,119 | 146,034 | |
E2open Parent Holdings, Inc.* | 30,361 | 178,219 | |
Ebix, Inc. | 3,961 | 79,062 | |
eGain Corp.* | 2,965 | 26,774 | |
Enfusion, Inc. "A"* | 3,838 | 37,113 | |
EngageSmart, Inc.* | 5,614 | 98,806 | |
Envestnet, Inc.* | 8,461 | 522,044 | |
Everbridge, Inc.* | 6,175 | 182,656 | |
EverCommerce, Inc.* | 3,515 | 26,152 | |
ForgeRock, Inc. "A"* | 5,933 | 135,094 | |
Greenidge Generation Holdings, Inc.* | 1,861 | 538 |
Shares | Value ($) | ||
Instructure Holdings, Inc.* | 2,716 | 63,663 | |
Intapp, Inc.* | 2,271 | 56,639 | |
InterDigital, Inc. | 4,541 | 224,689 | |
Ironnet, Inc.* | 9,422 | 2,167 | |
Kaleyra, Inc.* | 4,216 | 3,184 | |
Knowbe4, Inc. "A"* | 11,273 | 279,345 | |
Latch, Inc.* | 16,485 | 11,703 | |
LivePerson, Inc.* | 11,124 | 112,797 | |
LiveRamp Holdings, Inc.* | 10,036 | 235,244 | |
Livevox Holdings, Inc.* | 3,226 | 9,581 | |
Marathon Digital Holdings, Inc.* (a) | 17,859 | 61,078 | |
Matterport, Inc.* | 35,300 | 98,840 | |
MeridianLink, Inc.* | 3,522 | 48,357 | |
MicroStrategy, Inc. "A"* (a) | 1,465 | 207,400 | |
Mitek Systems, Inc.* | 6,407 | 62,084 | |
Model N, Inc.* | 5,566 | 225,757 | |
Momentive Global, Inc.* | 19,803 | 138,621 | |
N-able, Inc.* | 10,332 | 106,213 | |
Nextnav, Inc.* | 9,992 | 29,277 | |
Olo, Inc. "A"* | 13,581 | 84,881 | |
ON24, Inc.* | 6,863 | 59,228 | |
OneSpan, Inc.* | 6,179 | 69,143 | |
PagerDuty, Inc.* | 13,288 | 352,929 | |
PowerSchool Holdings, Inc. "A"* | 7,025 | 162,137 | |
Progress Software Corp. | 6,612 | 333,575 | |
PROS Holdings, Inc.* | 6,423 | 155,822 | |
Q2 Holdings, Inc.* | 8,551 | 229,765 | |
Qualys, Inc.* | 5,954 | 668,217 | |
Rapid7, Inc.* | 9,033 | 306,941 | |
Rimini Street, Inc.* | 8,204 | 31,257 | |
Riot Blockchain, Inc.* (a) | 24,893 | 84,387 | |
Sapiens International Corp. NV | 5,122 | 94,655 | |
SecureWorks Corp. "A"* | 1,587 | 10,141 | |
ShotSpotter, Inc.* | 1,355 | 45,840 | |
Solarwinds Corp.* | 7,414 | 69,395 | |
Sprout Social, Inc. "A"* | 7,219 | 407,585 | |
SPS Commerce, Inc.* | 5,580 | 716,639 | |
Sumo Logic, Inc.* | 17,927 | 145,209 | |
Telos Corp.* | 7,840 | 39,906 | |
Tenable Holdings, Inc.* | 17,228 | 657,248 | |
Terawulf, Inc.* | 3,043 | 2,025 | |
Upland Software, Inc.* | 5,003 | 35,671 | |
UserTesting, Inc.* (a) | 6,885 | 51,706 | |
Varonis Systems, Inc.* | 16,666 | 398,984 | |
Verint Systems, Inc.* | 9,850 | 357,358 | |
Veritone, Inc.* | 4,855 | 25,731 | |
Viant Technology, Inc. "A"* | 1,751 | 7,039 | |
Weave Communications, Inc.* | 4,513 | 20,670 | |
WM Technology, Inc.* | 10,447 | 10,551 | |
Workiva, Inc.* | 7,308 | 613,653 | |
Xperi, Inc.* | 6,290 | 54,157 | |
Yext, Inc.* | 17,074 | 111,493 |
DWS Small Cap Index VIP | | 25 |
Shares | Value ($) | ||
Zeta Global Holdings Corp. "A"* | 17,070 | 139,462 | |
Zuora, Inc. "A"* | 19,367 | 123,174 | |
16,171,274 | |||
Technology Hardware, Storage & Peripherals 0.3% | |||
Avid Technology, Inc.* | 5,334 | 141,831 | |
Composecure, Inc.* | 1,119 | 5,494 | |
Corsair Gaming, Inc.* | 5,809 | 78,828 | |
Diebold Nixdorf, Inc.* | 10,572 | 15,012 | |
Eastman Kodak Co.* | 8,309 | 25,343 | |
Ionq, Inc.* (a) | 17,949 | 61,924 | |
Super Micro Computer, Inc.* | 7,125 | 584,963 | |
Turtle Beach Corp.* | 2,183 | 15,652 | |
Xerox Holding Corp. | 17,529 | 255,923 | |
1,184,970 | |||
Materials 4.2% | |||
Chemicals 2.0% | |||
AdvanSix, Inc. | 4,068 | 154,665 | |
American Vanguard Corp. | 4,365 | 94,764 | |
Amyris, Inc.* (a) | 29,594 | 45,279 | |
Aspen Aerogels, Inc.* | 5,083 | 59,929 | |
Avient Corp. | 13,950 | 470,952 | |
Balchem Corp. | 4,917 | 600,415 | |
Cabot Corp. | 8,574 | 573,086 | |
Chase Corp. | 1,144 | 98,681 | |
Danimer Scientific, Inc.* (a) | 13,718 | 24,555 | |
Diversey Holdings Ltd.* | 12,516 | 53,318 | |
Ecovyst, Inc.* | 11,414 | 101,128 | |
FutureFuel Corp. | 3,994 | 32,471 | |
H.B. Fuller Co. | 8,154 | 583,990 | |
Hawkins, Inc. | 3,061 | 118,155 | |
Ingevity Corp.* | 5,726 | 403,339 | |
Innospec, Inc. | 3,792 | 390,045 | |
Intrepid Potash, Inc.* | 1,810 | 52,255 | |
Koppers Holdings, Inc. | 3,064 | 86,405 | |
Kronos Worldwide, Inc. | 3,387 | 31,838 | |
Livent Corp.* | 25,095 | 498,638 | |
LSB Industries, Inc.* | 11,401 | 151,633 | |
Mativ Holdings, Inc. | 8,537 | 178,423 | |
Minerals Technologies, Inc. | 5,017 | 304,632 | |
Origin Materials, Inc.* | 15,760 | 72,654 | |
Orion Engineered Carbons SA | 9,485 | 168,928 | |
Perimeter Solutions SA* | 18,175 | 166,120 | |
PureCycle Technologies, Inc.* | 15,973 | 107,977 | |
Quaker Chemical Corp. | 2,098 | 350,156 | |
Rayonier Advanced Materials, Inc.* | 9,680 | 92,928 | |
Sensient Technologies Corp. | 6,440 | 469,605 | |
Stepan Co. | 3,298 | 351,105 | |
Tredegar Corp. | 4,170 | 42,617 | |
Trinseo PLC | 5,508 | 125,087 |
Shares | Value ($) | ||
Tronox Holdings PLC "A" | 18,108 | 248,261 | |
Valhi, Inc. | 300 | 6,600 | |
7,310,634 | |||
Construction Materials 0.2% | |||
Summit Materials, Inc. "A"* | 18,186 | 516,298 | |
United States Lime & Minerals, Inc. | 300 | 42,228 | |
558,526 | |||
Containers & Packaging 0.3% | |||
Cryptyde, Inc.* | 2,671 | 512 | |
Greif, Inc. "A" | 3,797 | 254,627 | |
Greif, Inc. "B" | 801 | 62,662 | |
Myers Industries, Inc. | 5,488 | 121,998 | |
O-I Glass, Inc* | 24,081 | 399,022 | |
Pactiv Evergreen, Inc. | 6,486 | 73,681 | |
Ranpak Holdings Corp.* | 6,325 | 36,496 | |
TriMas Corp. | 6,392 | 177,314 | |
1,126,312 | |||
Metals & Mining 1.5% | |||
5e Advanced Materials, Inc.* | 5,831 | 45,948 | |
Alpha Metallurgical Resources, Inc. | 2,333 | 341,528 | |
Arconic Corp.* | 15,469 | 327,324 | |
ATI, Inc.* | 19,214 | 573,730 | |
Carpenter Technology Corp. | 7,265 | 268,369 | |
Century Aluminum Co.* | 8,395 | 68,671 | |
Coeur Mining, Inc.* | 43,808 | 147,195 | |
Commercial Metals Co. | 17,917 | 865,391 | |
Compass Minerals International, Inc. | 5,313 | 217,833 | |
Constellium SE* | 19,703 | 233,087 | |
Dakota Gold Corp.* | 7,375 | 22,494 | |
Haynes International, Inc. | 1,942 | 88,730 | |
Hecla Mining Co. | 85,288 | 474,201 | |
Hycroft Mining Holding Corp.* | 21,852 | 11,627 | |
Ivanhoe Electric, Inc.* | 2,139 | 25,989 | |
Kaiser Aluminum Corp. | 2,461 | 186,938 | |
Materion Corp. | 3,149 | 275,569 | |
Novagold Resources, Inc.* | 36,929 | 220,835 | |
Olympic Steel, Inc. | 1,438 | 48,288 | |
Piedmont Lithium, Inc.* | 2,708 | 119,206 | |
PolyMet Mining Corp.* | 4,457 | 11,811 | |
Ramaco Resources, Inc. | 3,261 | 28,664 | |
Ryerson Holding Corp. | 2,998 | 90,720 | |
Schnitzer Steel Industries, Inc. "A" | 3,906 | 119,719 | |
SunCoke Energy, Inc. | 13,013 | 112,302 | |
TimkenSteel Corp.* | 6,694 | 121,630 | |
Warrior Met Coal, Inc. | 7,946 | 275,249 | |
Worthington Industries, Inc. | 4,883 | 242,734 | |
5,565,782 | |||
Paper & Forest Products 0.2% | |||
Clearwater Paper Corp.* | 2,515 | 95,092 | |
Glatfelter Corp. | 6,283 | 17,467 |
26 | | DWS Small Cap Index VIP |
Shares | Value ($) | ||
Resolute Forest Products, Inc.* | 7,144 | 154,239 | |
Sylvamo Corp. | 5,461 | 265,350 | |
532,148 | |||
Real Estate 6.2% | |||
Equity Real Estate Investment Trusts (REITs) 5.6% | |||
Acadia Realty Trust | 14,239 | 204,330 | |
Agree Realty Corp. | 13,525 | 959,328 | |
Alexander & Baldwin, Inc. | 11,072 | 207,379 | |
Alexander's, Inc. | 322 | 70,859 | |
American Assets Trust, Inc. | 7,545 | 199,943 | |
Apartment Investment and Management Co. "A" | 23,161 | 164,906 | |
Apple Hospitality REIT, Inc. | 33,232 | 524,401 | |
Armada Hoffler Properties, Inc. | 10,187 | 117,151 | |
Ashford Hospitality Trust, Inc.* | 4,985 | 22,283 | |
Bluerock Homes Trust, Inc.* | 522 | 11,124 | |
Braemar Hotels & Resorts, Inc. | 9,986 | 41,042 | |
Brandywine Realty Trust | 25,884 | 159,187 | |
Broadstone Net Lease, Inc. | 26,848 | 435,206 | |
BRT Apartments Corp. | 1,764 | 34,645 | |
CareTrust REIT, Inc. | 14,697 | 273,070 | |
Cbl & Associates Properties, Inc. (a) | 4,011 | 92,574 | |
Centerspace | 2,337 | 137,112 | |
Chatham Lodging Trust | 7,225 | 88,651 | |
City Office REIT, Inc. | 6,317 | 52,936 | |
Clipper Realty, Inc. | 1,682 | 10,765 | |
Community Healthcare Trust, Inc. | 3,610 | 129,238 | |
Corporate Office Properties Trust | 17,265 | 447,854 | |
CTO Realty Growth, Inc. | 2,651 | 48,460 | |
DiamondRock Hospitality Co. | 32,150 | 263,309 | |
Diversified Healthcare Trust | 35,482 | 22,950 | |
Easterly Government Properties, Inc. | 13,931 | 198,795 | |
Elme Communities | 13,386 | 238,271 | |
Empire State Realty Trust, Inc. "A" | 20,503 | 138,190 | |
Equity Commonwealth | 16,097 | 401,942 | |
Essential Properties Realty Trust, Inc. | 21,502 | 504,652 | |
Farmland Partners, Inc. | 7,966 | 99,256 | |
Four Corners Property Trust, Inc. | 13,015 | 337,479 | |
Franklin Street Properties Corp. | 14,422 | 39,372 | |
Getty Realty Corp. | 6,391 | 216,335 | |
Gladstone Commercial Corp. | 5,936 | 109,816 | |
Gladstone Land Corp. | 4,845 | 88,906 | |
Global Medical REIT, Inc. | 9,328 | 88,429 | |
Global Net Lease, Inc. | 15,927 | 200,202 |
Shares | Value ($) | ||
Hersha Hospitality Trust "A" | 4,795 | 40,853 | |
Independence Realty Trust, Inc. | 34,771 | 586,239 | |
Indus Realty Trust, Inc. | 831 | 52,760 | |
Industrial Logistics Properties Trust | 9,783 | 31,990 | |
Innovative Industrial Properties, Inc. | 4,253 | 431,042 | |
Inventrust Properties Corp. | 10,492 | 248,346 | |
iStar, Inc. | 11,154 | 85,105 | |
Kite Realty Group Trust | 33,422 | 703,533 | |
LTC Properties, Inc. | 6,074 | 215,809 | |
LXP Industrial Trust | 42,143 | 422,273 | |
National Health Investors, Inc. | 6,494 | 339,117 | |
Necessity Retail REIT, Inc. | 20,186 | 119,703 | |
NETSTREIT Corp. | 8,673 | 158,976 | |
NexPoint Residential Trust, Inc. | 3,448 | 150,057 | |
Office Properties Income Trust | 7,630 | 101,861 | |
One Liberty Properties, Inc. | 2,425 | 53,884 | |
Orion Office REIT, Inc. | 8,668 | 74,025 | |
Outfront Media, Inc. | 22,430 | 371,889 | |
Paramount Group, Inc. | 29,283 | 173,941 | |
Pebblebrook Hotel Trust | 19,919 | 266,715 | |
Phillips Edison & Co., Inc. | 17,991 | 572,833 | |
Physicians Realty Trust | 35,333 | 511,269 | |
Piedmont Office Realty Trust, Inc. "A" | 18,743 | 171,873 | |
Plymouth Industrial REIT, Inc. | 5,701 | 109,345 | |
Postal Realty Trust, Inc. "A" | 2,548 | 37,022 | |
PotlatchDeltic Corp. | 12,218 | 537,470 | |
Retail Opportunity Investments Corp. | 18,482 | 277,784 | |
RLJ Lodging Trust | 24,579 | 260,292 | |
RPT Realty | 12,742 | 127,930 | |
Ryman Hospitality Properties, Inc. | 8,247 | 674,440 | |
Sabra Health Care REIT, Inc. | 35,728 | 444,099 | |
Safehold, Inc. | 4,070 | 116,483 | |
Saul Centers, Inc. | 1,772 | 72,085 | |
Service Properties Trust | 25,696 | 187,324 | |
SITE Centers Corp. | 30,107 | 411,262 | |
STAG Industrial, Inc. | 27,820 | 898,864 | |
Summit Hotel Properties, Inc. | 15,955 | 115,195 | |
Sunstone Hotel Investors, Inc. | 32,922 | 318,027 | |
Tanger Factory Outlet Centers, Inc. | 15,721 | 282,035 | |
Terreno Realty Corp. | 11,466 | 652,071 | |
The Macerich Co. | 33,023 | 371,839 | |
UMH Properties, Inc. | 8,044 | 129,508 | |
Uniti Group, Inc. | 36,292 | 200,695 | |
Universal Health Realty Income Trust | 2,043 | 97,512 | |
Urban Edge Properties | 17,523 | 246,899 | |
Urstadt Biddle Properties, Inc. "A" | 4,616 | 87,473 | |
Veris Residential, Inc.* | 13,405 | 213,542 |
DWS Small Cap Index VIP | | 27 |
Shares | Value ($) | ||
Whitestone REIT | 6,984 | 67,326 | |
Xenia Hotels & Resorts, Inc. | 17,518 | 230,887 | |
20,431,850 | |||
Real Estate Management & Development 0.6% | |||
American Realty Investors, Inc.* | 292 | 7,490 | |
Anywhere Real Estate, Inc.* | 16,990 | 108,566 | |
Compass, Inc. "A"* | 43,091 | 100,402 | |
Cushman & Wakefield PLC* | 24,729 | 308,123 | |
DigitalBridge Group, Inc. | 24,593 | 269,047 | |
Doma Holdings, Inc.* | 19,896 | 9,011 | |
Douglas Elliman, Inc. | 11,066 | 45,039 | |
eXp World Holdings, Inc. | 10,998 | 121,858 | |
Forestar Group, Inc.* | 2,712 | 41,792 | |
FRP Holdings, Inc.* | 1,077 | 58,007 | |
Kennedy-Wilson Holdings, Inc. | 18,345 | 288,567 | |
Marcus & Millichap, Inc. | 3,884 | 133,804 | |
Newmark Group, Inc. "A" | 21,233 | 169,227 | |
Offerpad Solutions, Inc.* | 9,912 | 4,564 | |
RE/MAX Holdings, Inc. "A" | 2,836 | 52,863 | |
Redfin Corp.* | 16,966 | 71,936 | |
Stratus Properties, Inc. | 861 | 16,609 | |
Tejon Ranch Co.* | 3,236 | 60,966 | |
The RMR Group, Inc. "A" | 2,282 | 64,467 | |
The St. Joe Co. | 5,263 | 203,415 | |
Transcontinental Realty Investors, Inc.* | 183 | 8,085 | |
2,143,838 | |||
Utilities 3.4% | |||
Electric Utilities 0.7% | |||
ALLETE, Inc. | 8,820 | 568,978 | |
MGE Energy, Inc. | 5,577 | 392,621 | |
Otter Tail Corp. | 6,350 | 372,808 | |
PNM Resources, Inc. | 13,169 | 642,516 | |
Portland General Electric Co. (a) | 13,751 | 673,799 | |
Via Renewables, Inc. | 2,030 | 10,373 | |
2,661,095 | |||
Gas Utilities 1.2% | |||
Brookfield Infrastructure Corp. "A" | 15,115 | 587,973 | |
Chesapeake Utilities Corp. | 2,698 | 318,850 | |
New Jersey Resources Corp. | 14,803 | 734,525 | |
Northwest Natural Holding Co. | 5,307 | 252,560 | |
ONE Gas, Inc. | 8,303 | 628,703 | |
South Jersey Industries, Inc. | 18,947 | 673,187 | |
Southwest Gas Holdings, Inc. | 10,341 | 639,901 | |
Spire, Inc. | 7,825 | 538,830 | |
4,374,529 |
Shares | Value ($) | ||
Independent Power & Renewable Electricity Producers 0.5% | |||
Altus Power, Inc.* | 6,988 | 45,562 | |
Clearway Energy, Inc. "A" | 5,389 | 161,239 | |
Clearway Energy, Inc. "C" | 12,616 | 402,072 | |
Montauk Renewables, Inc.* | 9,674 | 106,704 | |
Ormat Technologies, Inc. | 7,542 | 652,232 | |
Sunnova Energy International, Inc.* | 15,124 | 272,383 | |
1,640,192 | |||
Multi-Utilities 0.5% | |||
Avista Corp. | 11,351 | 503,303 | |
Black Hills Corp. | 9,993 | 702,908 | |
NorthWestern Corp. | 8,885 | 527,236 | |
Unitil Corp. | 2,516 | 129,222 | |
1,862,669 | |||
Water Utilities 0.5% | |||
American States Water Co. | 5,675 | 525,221 | |
Artesian Resources Corp. "A" | 1,261 | 73,869 | |
California Water Service Group | 8,318 | 504,403 | |
Global Water Resources, Inc. | 2,074 | 27,543 | |
Middlesex Water Co. | 2,657 | 209,026 | |
Pure Cycle Corp.* | 3,082 | 32,299 | |
SJW Group | 4,145 | 336,533 | |
York Water Co. | 2,173 | 97,742 | |
1,806,636 | |||
Total Common Stocks (Cost $345,942,752) | 351,650,498 | ||
Other Investments 0.0% | |||
OmniAb, Inc. $12.50 Earnout* (b) (c) | 862 | 0 | |
OmniAb, Inc. $15.00 Earnout* (b) (c) | 862 | 0 | |
Total Other Investments (Cost $0) | 0 | ||
Rights 0.0% | |||
Consumer Discretionary 0.0 | |||
PLBY Group, Inc., Expiration Date 01/17/2023* (b) | 6,324 | 0 | |
Health Care 0.0% | |||
Aduro Biotech Holding Europe BV* (b) | 2,328 | 0 | |
GTX, Inc.* (a) (b) | 123 | 252 | |
Tobira Therapeutics, Inc.* (b) | 1,687 | 101 | |
Zogenix, Inc.* (a) (b) | 8,352 | 5,680 | |
6,033 | |||
Total Rights (Cost $6,035) | 6,033 |
28 | | DWS Small Cap Index VIP |
Principal Amount ($) | Value ($) | ||
Short-Term U.S. Treasury Obligation 0.4% | |||
U.S. Treasury Bills, 4.46% (d), 5/11/2023 (e) (Cost $1,495,519) | 1,520,000 | 1,495,460 |
Shares | Value ($) | ||
Securities Lending Collateral 1.7% | |||
DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", 4.07% (f) (g) (Cost $6,182,630) | 6,182,630 | 6,182,630 |
Shares | Value ($) | ||
Cash Equivalents 2.6% | |||
DWS Central Cash Management Government Fund, 4.2% (f) (Cost $9,489,906) | 9,489,906 | 9,489,906 |
% of Net Assets | Value ($) | ||
Total Investment Portfolio (Cost $363,116,842) | 101.5 | 368,824,527 | |
Other Assets and Liabilities, Net | (1.5) | (5,609,068) | |
Net Assets | 100.0 | 363,215,459 |
Value ($) at 12/31/2021 | Purchases Cost ($) | Sales Proceeds ($) | Net Realized Gain/ (Loss) ($) | Net Change in Unrealized Appreciation (Depreciation) ($) | Income ($) | Capital Gain Distributions ($) | Number of Shares at 12/31/2022 | Value ($) at 12/31/2022 |
Securities Lending Collateral 1.7% | ||||||||
DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", 4.07% (f) (g) | ||||||||
40,582,540 | — | 34,399,910 (h) | — | — | 483,696 | — | 6,182,630 | 6,182,630 |
Cash Equivalents 2.6% | ||||||||
DWS Central Cash Management Government Fund, 4.2% (f) | ||||||||
11,652,393 | 75,490,723 | 77,653,210 | — | — | 154,171 | — | 9,489,906 | 9,489,906 |
52,234,933 | 75,490,723 | 112,053,120 | — | — | 637,867 | — | 15,672,536 | 15,672,536 |
* | Non-income producing security. |
(a) | All or a portion of these securities were on loan. In addition, "Other Assets and Liabilities, Net" may include pending sales that are also on loan. The value of securities loaned at December 31, 2022 amounted to $6,874,678, which is 1.9% of net assets. |
(b) | Investment was valued using significant unobservable inputs. |
(c) | Earnout Shares: Will vest based upon the achievement of certain volume-weighted average trading prices (VWAP) for shares of OmniAb Inc. Earnout Shares are not transferrable until the vesting condition for the applicable tranche of Earnout Shares has been achieved. |
(d) | Annualized yield at time of purchase; not a coupon rate. |
(e) | At December 31, 2022, this security has been pledged, in whole or in part, to cover initial margin requirements for open futures contracts. |
(f) | Affiliated fund managed by DWS Investment Management Americas, Inc. The rate shown is the annualized seven-day yield at period end. |
(g) | Represents cash collateral held in connection with securities lending. Income earned by the Fund is net of borrower rebates. In addition, the Fund held non-cash U.S. Treasury securities collateral having a value of $1,621,952. |
(h) | Represents the net increase (purchase cost) or decrease (sales proceeds) in the amount invested in cash collateral for the year ended December 31, 2022. |
Futures | Currency | Expiration Date | Contracts | Notional Amount ($) | Notional Value ($) | Unrealized Depreciation ($) |
Russell E-Mini 2000 Index | USD | 3/17/2023 | 128 | 11,436,503 | 11,333,760 | (102,743) |
USD | United States Dollar |
DWS Small Cap Index VIP | | 29 |
Assets | Level 1 | Level 2 | Level 3 | Total |
Common Stocks | ||||
Communication Services | $ 9,069,416 | $ — | $ — | $ 9,069,416 |
Consumer Discretionary | 36,605,942 | — | — | 36,605,942 |
Consumer Staples | 12,688,145 | — | 0 | 12,688,145 |
Energy | 23,955,840 | — | — | 23,955,840 |
Financials | 60,424,852 | — | — | 60,424,852 |
Health Care | 59,392,714 | — | — | 59,392,714 |
Industrials | 54,763,608 | — | — | 54,763,608 |
Information Technology | 44,735,770 | — | — | 44,735,770 |
Materials | 15,093,402 | — | — | 15,093,402 |
Real Estate | 22,575,688 | — | — | 22,575,688 |
Utilities | 12,345,121 | — | — | 12,345,121 |
Other Investments | — | — | 0 | 0 |
Rights | — | — | 6,033 | 6,033 |
Short-Term U.S. Treasury Obligation | — | 1,495,460 | — | 1,495,460 |
Short-Term Investments (a) | 15,672,536 | — | — | 15,672,536 |
Total | $367,323,034 | $1,495,460 | $6,033 | $368,824,527 |
Liabilities | Level 1 | Level 2 | Level 3 | Total |
Derivatives (b) | ||||
Futures Contracts | $ (102,743) | $ — | $ — | $ (102,743) |
Total | $(102,743) | $— | $— | $(102,743) |
(a) | See Investment Portfolio for additional detailed categorizations. |
(b) | Derivatives include unrealized appreciation (depreciation) on open futures contracts. |
30 | | DWS Small Cap Index VIP |
Assets and Liabilities
Assets | |
Investments in non-affiliated securities, at value (cost $347,444,306) — including $6,874,678 of securities loaned | $ 353,151,991 |
Investment in DWS Government & Agency Securities Portfolio (cost $6,182,630)* | 6,182,630 |
Investment in DWS Central Cash Management Government Fund (cost $9,489,906) | 9,489,906 |
Cash | 227,588 |
Receivable for Fund shares sold | 80,967 |
Dividends receivable | 424,809 |
Interest receivable | 75,855 |
Other assets | 5,815 |
Total assets | 369,639,561 |
Liabilities | |
Payable upon return of securities loaned | 6,182,630 |
Payable for investments purchased | 3,939 |
Payable for Fund shares redeemed | 6,096 |
Payable for variation margin on futures contracts | 39,637 |
Accrued management fee | 69,973 |
Accrued Trustees' fees | 4,292 |
Other accrued expenses and payables | 117,535 |
Total liabilities | 6,424,102 |
Net assets, at value | $363,215,459 |
Net Assets Consist of | |
Distributable earnings (loss) | 12,448,005 |
Paid-in capital | 350,767,454 |
Net assets, at value | $363,215,459 |
Net Asset Value | |
Class A | |
Net Asset Value, offering and redemption price per share ($329,904,640 ÷ 27,216,715 outstanding shares of beneficial interest, no par value, unlimited number of shares authorized) | $ 12.12 |
Class B | |
Net Asset Value, offering and redemption price per share ($33,310,819 ÷ 2,748,606 outstanding shares of beneficial interest, no par value, unlimited number of shares authorized) | $ 12.12 |
* | Represents collateral on securities loaned. In addition, the Fund held non-cash collateral having a value of $1,621,952. |
Investment Income | |
Income: | |
Dividends (net of foreign taxes withheld of $6,699) | $ 4,916,286 |
Interest | 16,032 |
Income distributions — DWS Central Cash Management Government Fund | 154,171 |
Securities lending income, net of borrower rebates | 483,696 |
Total income | 5,570,185 |
Expenses: | |
Management fee | 1,061,943 |
Administration fee | 367,887 |
Services to shareholders | 3,360 |
Record keeping fee (Class B) | 18,466 |
Distribution service fee (Class B) | 90,641 |
Custodian fee | 16,427 |
Professional fees | 68,517 |
Reports to shareholders | 38,689 |
Trustees' fees and expenses | 17,821 |
Other | 19,511 |
Total expenses before expense reductions | 1,703,262 |
Expense reductions | (137,271) |
Total expenses after expense reductions | 1,565,991 |
Net investment income | 4,004,194 |
Realized and Unrealized Gain (Loss) | |
Net realized gain (loss) from: | |
Investments | 10,474,853 |
Futures | (532,619) |
9,942,234 | |
Change in net unrealized appreciation (depreciation) on: | |
Investments | (107,132,672) |
Futures | (256,658) |
(107,389,330) | |
Net gain (loss) | (97,447,096) |
Net increase (decrease) in net assets resulting from operations | $(93,442,902) |
DWS Small Cap Index VIP | | 31 |
Years Ended December 31, | ||
Increase (Decrease) in Net Assets | 2022 | 2021 |
Operations: | ||
Net investment income | $ 4,004,194 | $ 3,091,785 |
Net realized gain (loss) | 9,942,234 | 65,251,636 |
Change in net unrealized appreciation (depreciation) | (107,389,330) | (9,537,761) |
Net increase (decrease) in net assets resulting from operations | (93,442,902) | 58,805,660 |
Distributions to shareholders: | ||
Class A | (61,220,052) | (27,860,902) |
Class B | (6,528,743) | (2,609,130) |
Total distributions | (67,748,795) | (30,470,032) |
Fund share transactions: | ||
Class A | ||
Proceeds from shares sold | 58,705,125 | 98,120,413 |
Reinvestment of distributions | 61,220,052 | 27,860,902 |
Payments for shares redeemed | (70,255,574) | (112,716,499) |
Net increase (decrease) in net assets from Class A share transactions | 49,669,603 | 13,264,816 |
Class B | ||
Proceeds from shares sold | 3,302,503 | 9,013,498 |
Reinvestment of distributions | 6,528,743 | 2,609,130 |
Payments for shares redeemed | (4,330,783) | (8,406,842) |
Net increase (decrease) in net assets from Class B share transactions | 5,500,463 | 3,215,786 |
Increase (decrease) in net assets | (106,021,631) | 44,816,230 |
Net assets at beginning of period | 469,237,090 | 424,420,860 |
Net assets at end of period | $363,215,459 | $469,237,090 |
Other Information | ||
Class A | ||
Shares outstanding at beginning of period | 22,857,220 | 22,246,452 |
Shares sold | 4,397,560 | 5,142,943 |
Shares issued to shareholders in reinvestment of distributions | 4,749,422 | 1,466,363 |
Shares redeemed | (4,787,487) | (5,998,538) |
Net increase (decrease) in Class A shares | 4,359,495 | 610,768 |
Shares outstanding at end of period | 27,216,715 | 22,857,220 |
Class B | ||
Shares outstanding at beginning of period | 2,324,391 | 2,154,282 |
Shares sold | 238,349 | 474,075 |
Shares issued to shareholders in reinvestment of distributions | 505,712 | 137,106 |
Shares redeemed | (319,846) | (441,072) |
Net increase (decrease) in Class B shares | 424,215 | 170,109 |
Shares outstanding at end of period | 2,748,606 | 2,324,391 |
32 | | DWS Small Cap Index VIP |
DWS Small Cap Index VIP — Class A | |||||
Years Ended December 31, | |||||
2022 | 2021 | 2020 | 2019 | 2018 | |
Selected Per Share Data | |||||
Net asset value, beginning of period | $18.63 | $17.39 | $16.97 | $14.97 | $18.29 |
Income (loss) from investment operations: | |||||
Net investment incomea | .15 | .13 | .14 | .17 | .19 |
Net realized and unrealized gain (loss) | (3.83) | 2.41 | 2.03 | 3.49 | (2.06) |
Total from investment operations | (3.68) | 2.54 | 2.17 | 3.66 | (1.87) |
Less distributions from: | |||||
Net investment income | (.14) | (.16) | (.17) | (.18) | (.18) |
Net realized gains | (2.69) | (1.14) | (1.58) | (1.48) | (1.27) |
Total distributions | (2.83) | (1.30) | (1.75) | (1.66) | (1.45) |
Net asset value, end of period | $12.12 | $18.63 | $17.39 | $16.97 | $14.97 |
Total Return (%)b | (20.64) | 14.50 | 19.43 | 25.22 | (11.23) |
Ratios to Average Net Assets and Supplemental Data | |||||
Net assets, end of period ($ millions) | 330 | 426 | 387 | 353 | 308 |
Ratio of expenses before expense reductions (%)c | .42 | .47 | .50 | .53 | .51 |
Ratio of expenses after expense reductions (%)c | .39 | .39 | .39 | .39 | .41 |
Ratio of net investment income (%) | 1.08 | .69 | .99 | 1.04 | 1.03 |
Portfolio turnover rate (%) | 18 | 26 | 23 | 22 | 17 |
a | Based on average shares outstanding during the period. |
b | Total return would have been lower had certain expenses not been reduced. |
c | Expense ratio does not reflect charges and fees associated with the separate account that invests in the Fund or any variable life insurance policy or variable annuity contract for which the Fund is an investment option. |
DWS Small Cap Index VIP | | 33 |
DWS Small Cap Index VIP — Class B | |||||
Years Ended December 31, | |||||
2022 | 2021 | 2020 | 2019 | 2018 | |
Selected Per Share Data | |||||
Net asset value, beginning of period | $18.63 | $17.39 | $16.97 | $14.97 | $18.28 |
Income (loss) from investment operations: | |||||
Net investment incomea | .11 | .08 | .10 | .12 | .14 |
Net realized and unrealized gain (loss) | (3.83) | 2.41 | 2.04 | 3.49 | (2.05) |
Total from investment operations | (3.72) | 2.49 | 2.14 | 3.61 | (1.91) |
Less distributions from: | |||||
Net investment income | (.10) | (.11) | (.14) | (.13) | (.13) |
Net realized gains | (2.69) | (1.14) | (1.58) | (1.48) | (1.27) |
Total distributions | (2.79) | (1.25) | (1.72) | (1.61) | (1.40) |
Net asset value, end of period | $12.12 | $18.63 | $17.39 | $16.97 | $14.97 |
Total Return (%)b | (20.89) | 14.18 | 19.09 | 24.87 | (11.42) |
Ratios to Average Net Assets and Supplemental Data | |||||
Net assets, end of period ($ millions) | 33 | 43 | 37 | 33 | 28 |
Ratio of expenses before expense reductions (%)c | .72 | .76 | .79 | .81 | .80 |
Ratio of expenses after expense reductions (%)c | .67 | .67 | .66 | .65 | .67 |
Ratio of net investment income (%) | .79 | .42 | .71 | .76 | .77 |
Portfolio turnover rate (%) | 18 | 26 | 23 | 22 | 17 |
a | Based on average shares outstanding during the period. |
b | Total return would have been lower had certain expenses not been reduced. |
c | Expense ratio does not reflect charges and fees associated with the separate account that invests in the Fund or any variable life insurance policy or variable annuity contract for which the Fund is an investment option. |
34 | | DWS Small Cap Index VIP |
DWS Small Cap Index VIP | | 35 |
Overnight and Continuous | ˂30 days | Between 30 & 90 days | ˃90 days | Total | |
Securities Lending Transactions | |||||
Common Stocks | $ 5,957,283 | $ — | $ 333,337 | $ 1,288,615 | $ 7,579,235 |
Rights | 225,347 | — | — | — | 225,347 |
Total Borrowings | $ 6,182,630 | $ — | $ 333,337 | $ 1,288,615 | $ 7,804,582 |
Gross amount of recognized liabilities and non-cash collateral for securities lending transactions: | $7,804,582 |
36 | | DWS Small Cap Index VIP |
Undistributed ordinary income* | $ 4,044,245 |
Undistributed long-term capital gains | $ 8,929,783 |
Net unrealized appreciation (depreciation) on investments | $ (646,558) |
Years Ended December 31, | ||
2022 | 2021 | |
Distributions from ordinary income* | $ 9,316,781 | $ 6,391,312 |
Distributions from long-term capital gains | $ 58,432,014 | $ 24,078,720 |
* | For tax purposes, short-term capital gain distributions are considered ordinary income distributions. |
DWS Small Cap Index VIP | | 37 |
Liability Derivative | Futures Contracts |
Equity Contracts (a) | $ (102,743) |
The above derivative is located in the following Statement of Assets and Liabilities account: |
(a) | Includes cumulative depreciation of futures contracts as disclosed in the Investment Portfolio. Unsettled variation margin is disclosed separately within the Statement of Assets and Liabilities. |
Realized Gain (Loss) | Futures Contracts |
Equity Contracts (a) | $ (532,619) |
The above derivative is located in the following Statement of Operations account: |
(a) | Net realized gain (loss) from futures contracts |
Change in Net Unrealized Appreciation (Depreciation) | Futures Contracts |
Equity Contracts (a) | $ (256,658) |
The above derivative is located in the following Statement of Operations account: |
(a) | Change in net unrealized appreciation (depreciation) on futures contracts |
38 | | DWS Small Cap Index VIP |
Class A | .39% |
Class B | .67% |
Class A | .37% | |
Class B | .67% |
Class A | $ 120,071 |
Class B | 17,200 |
$ 137,271 |
Distribution Service Fee | Total Aggregated | Unpaid at December 31, 2022 |
Class B | $ 90,641 | $ 7,222 |
DWS Small Cap Index VIP | | 39 |
Services to Shareholders | Total Aggregated | Unpaid at December 31, 2022 |
Class A | $ 1,556 | $ 263 |
Class B | 296 | 49 |
$ 1,852 | $ 312 |
40 | | DWS Small Cap Index VIP |
DWS Small Cap Index VIP | | 41 |
Actual Fund Return | Class A | Class B |
Beginning Account Value 7/1/22 | $ 1,000.00 | $ 1,000.00 |
Ending Account Value 12/31/22 | $ 1,038.60 | $ 1,036.80 |
Expenses Paid per $1,000* | $ 1.95 | $ 3.49 |
Hypothetical 5% Fund Return | Class A | Class B |
Beginning Account Value 7/1/22 | $ 1,000.00 | $ 1,000.00 |
Ending Account Value 12/31/22 | $ 1,023.29 | $ 1,021.78 |
Expenses Paid per $1,000* | $ 1.94 | $ 3.47 |
* | Expenses are equal to the Fund's annualized expense ratio for each share class, multiplied by the average account value over the period, multiplied by 184 (the number of days in the most recent six-month period), then divided by 365. |
Annualized Expense Ratios | Class A | Class B |
DWS Small Cap Index VIP | .38% | .68% |
42 | | DWS Small Cap Index VIP |
DWS Small Cap Index VIP | | 43 |
44 | | DWS Small Cap Index VIP |
DWS Small Cap Index VIP | | 45 |
46 | | DWS Small Cap Index VIP |
Name, Year of Birth, Position with the Trust/ Corporation and Length of Time Served1 | Business Experience and Directorships During the Past Five Years | Number of Funds in DWS Fund Complex Overseen | Other Directorships Held by Board Member |
Keith R. Fox, CFA (1954) Chairperson since 2017, and Board Member since 1996 | Managing General Partner, Exeter Capital Partners (a series of private investment funds) (since 1986). Directorships: Progressive International Corporation (kitchen goods designer and distributor); former Chairman, National Association of Small Business Investment Companies; Former Directorships: ICI Mutual Insurance Company; BoxTop Media Inc. (advertising); Sun Capital Advisers Trust (mutual funds) | 69 | — |
John W. Ballantine (1946) Board Member since 1999 | Retired; formerly, Executive Vice President and Chief Risk Management Officer, First Chicago NBD Corporation/The First National Bank of Chicago (1996–1998); Executive Vice President and Head of International Banking (1995–1996); Not-for-Profit Directorships: Window to the World Communications (public media); Life Director of Harris Theater for Music and Dance (Chicago); Life Director of Hubbard Street Dance Chicago; Former Directorships: Director and Chairman of the Board, Healthways, Inc.2 (population wellbeing and wellness services) (2003–2014); Stockwell Capital Investments PLC (private equity); Enron Corporation; FNB Corporation; Tokheim Corporation; First Oak Brook Bancshares, Inc.; Oak Brook Bank; Portland General Electric2 (utility company (2003–2021); and Prisma Energy International; Former Not-for-Profit Directorships: Public Radio International; Palm Beach Civic Assn. | 69 | — |
Dawn-Marie Driscoll (1946) Board Member since 1987 | Advisory Board and former Executive Fellow, Hoffman Center for Business Ethics, Bentley University; formerly: Partner, Palmer & Dodge (law firm) (1988–1990); Vice President of Corporate Affairs and General Counsel, Filene’s (retail) (1978–1988); Directorships: Trustee and former Chairman of the Board, Southwest Florida Community Foundation (charitable organization); Former Directorships: ICI Mutual Insurance Company (2007–2015); Sun Capital Advisers Trust (mutual funds) (2007–2012), Investment Company Institute (audit, executive, nominating committees) and Independent Directors Council (governance, executive committees) | 69 | — |
Richard J. Herring (1946) Board Member since 1990 | Jacob Safra Professor of International Banking and Professor of Finance, The Wharton School, University of Pennsylvania (since July 1972); formerly: Director, The Wharton Financial Institutions Center (1994–2020); Vice Dean and Director, Wharton Undergraduate Division (1995–2000) and Director, The Lauder Institute of International Management Studies (2000–2006); Member FDIC Systemic Risk Advisory Committee since 2011, member Systemic Risk Council since 2012 and member of the Advisory Board at the Yale Program on Financial Stability since 2013; Former Directorships: Co-Chair of the Shadow Financial Regulatory Committee (2003–2015), Executive Director of The Financial Economists Roundtable (2008–2015), Director of The Thai Capital Fund (2007–2013), Director of The Aberdeen Singapore Fund (2007–2018), Director, The Aberdeen Japan Fund (2007-2021) and Nonexecutive Director of Barclays Bank DE (2010–2018) | 69 | — |
DWS Small Cap Index VIP | | 47 |
Name, Year of Birth, Position with the Trust/ Corporation and Length of Time Served1 | Business Experience and Directorships During the Past Five Years | Number of Funds in DWS Fund Complex Overseen | Other Directorships Held by Board Member |
Chad D. Perry (1972) Board Member or Advisory Board Member since 20213 | Executive Vice President, General Counsel and Secretary, Tanger Factory Outlet Centers, Inc.2 (since 2011); formerly Executive Vice President and Deputy General Counsel, LPL Financial Holdings Inc.2 (2006–2011); Senior Corporate Counsel, EMC Corporation (2005–2006); Associate, Ropes & Gray LLP (1997–2005) | 214 | Director - Great Elm Capital Corp. (business development company) (since 2022) |
Rebecca W. Rimel (1951) Board Member since 1995 | Director, The Bridgespan Group (nonprofit organization) (since October 2020); formerly: Executive Vice President, The Glenmede Trust Company (investment trust and wealth management) (1983–2004); Board Member, Investor Education (charitable organization) (2004–2005); Former Directorships: Trustee, Executive Committee, Philadelphia Chamber of Commerce (2001–2007); Director, Viasys Health Care2 (January 2007–June 2007); Trustee, Thomas Jefferson Foundation (charitable organization) (1994–2012); President, Chief Executive Officer and Director (1994–2020) and Senior Advisor (2020-2021), The Pew Charitable Trusts (charitable organization); Director, BioTelemetry Inc.2 (acquired by Royal Philips in 2021) (healthcare) (2009–2021); Director, Becton Dickinson and Company2 (medical technology company) (2012-2022) | 69 | — |
Catherine Schrand (1964) Board Member since 2021* | Celia Z. Moh Professor of Accounting (since 2016) and Professor of Accounting (since 1994), The Wharton School, University of Pennsylvania; formerly Vice Dean, Wharton Doctoral Programs (2016–2019) | 69 | — |
William N. Searcy, Jr. (1946) Board Member since 1993 | Private investor since October 2003; formerly: Pension & Savings Trust Officer, Sprint Corporation2 (telecommunications) (November 1989–September 2003); Former Directorships: Trustee, Sun Capital Advisers Trust (mutual funds) (1998–2012) | 69 | — |
Name, Year of Birth, Position with the Trust/Corporation and Length of Time Served6 | Business Experience and Directorships During the Past Five Years |
Hepsen Uzcan7 (1974) President and Chief Executive Officer, 2017–present | Fund Administration (Head since 2017), DWS; Secretary, DWS USA Corporation (2018–present); Assistant Secretary, DWS Distributors, Inc. (2018–present); Director and Vice President, DWS Service Company (2018–present); Assistant Secretary, DWS Investment Management Americas, Inc. (2018–present); Director and President, DB Investment Managers, Inc. (2018–present); President and Chief Executive Officer, The European Equity Fund, Inc., The New Germany Fund, Inc. and The Central and Eastern Europe Fund, Inc. (2017–present); formerly: Vice President for the Deutsche funds (2016–2017); Assistant Secretary for the DWS funds (2013–2019); Assistant Secretary, The European Equity Fund, Inc., The New Germany Fund, Inc. and The Central and Eastern Europe Fund, Inc. (2013–2020); Directorships: Interested Director, The European Equity Fund, Inc., The New Germany Fund, Inc. and The Central and Eastern Europe Fund, Inc. (since June 25, 2020); ICI Mutual Insurance Company (since October 16, 2020); and Episcopalian Charities of New York (2018–present) |
John Millette8 (1962) Vice President and Secretary, 1999–present | Legal (Associate General Counsel), DWS; Chief Legal Officer, DWS Investment Management Americas, Inc. (2015–present); Director and Vice President, DWS Trust Company (2016–present); Secretary, DBX ETF Trust (2020–present); Vice President, DBX Advisors LLC (2021–present); Secretary, The European Equity Fund, Inc., The New Germany Fund, Inc. and The Central and Eastern Europe Fund, Inc. 2011–present); formerly: Secretary, Deutsche Investment Management Americas Inc. (2015–2017); and Assistant Secretary, DBX ETF Trust (2019–2020) |
Ciara Crawford9 (1984) Assistant Secretary, 2019–present | Fund Administration (Specialist), DWS (2015–present); formerly, Legal Assistant at Accelerated Tax Solutions |
Diane Kenneally8 (1966) Chief Financial Officer and Treasurer, 2018–present | Fund Administration Treasurer's Office (Co-Head since 2018), DWS; Treasurer, Chief Financial Officer and Controller, DBX ETF Trust (2019–present); Treasurer and Chief Financial Officer, The European Equity Fund, Inc., The New Germany Fund, Inc. and The Central and Eastern Europe Fund, Inc. (2018–present); formerly: Assistant Treasurer for the DWS funds (2007–2018) |
Paul Antosca8 (1957) Assistant Treasurer, 2007–present | Fund Administration Tax (Head), DWS; and Assistant Treasurer, DBX ETF Trust (2019–present) |
Sheila Cadogan8 (1966) Assistant Treasurer, 2017–present | Fund Administration Treasurer's Office (Co-Head since 2018), DWS; Director and Vice President, DWS Trust Company (2018–present); Assistant Treasurer, DBX ETF Trust (2019–present); Assistant Treasurer, The European Equity Fund, Inc., The New Germany Fund, Inc. and The Central and Eastern Europe Fund, Inc. (2018–present) |
Scott D. Hogan8 (1970) Chief Compliance Officer, 2016–present | Anti-Financial Crime & Compliance US (Senior Team Lead), DWS; Chief Compliance Officer, The European Equity Fund, Inc., The New Germany Fund, Inc. and The Central and Eastern Europe Fund, Inc. (2016–present) |
48 | | DWS Small Cap Index VIP |
Name, Year of Birth, Position with the Trust/Corporation and Length of Time Served6 | Business Experience and Directorships During the Past Five Years |
Caroline Pearson8 (1962) Chief Legal Officer, 2010–present | Legal (Senior Team Lead), DWS; Assistant Secretary, DBX ETF Trust (2020–present); Chief Legal Officer, DBX Advisors LLC (2020–present); Chief Legal Officer, The European Equity Fund, Inc., The New Germany Fund, Inc. and The Central and Eastern Europe Fund, Inc. (2012–present); formerly: Secretary, Deutsche AM Distributors, Inc. (2002–2017); Secretary, Deutsche AM Service Company (2010–2017); and Chief Legal Officer, DBX Strategic Advisors LLC (2020–2021) |
Christian Rijs7 (1980) Anti-Money Laundering Compliance Officer, since October 6, 2021 | Senior Team Lead Anti-Financial Crime and Compliance, DWS; AML Officer, DWS Trust Company (since November 2, 2021); AML Officer, DBX ETF Trust (since October 21, 2021); AML Officer, The European Equity Fund, Inc., The New Germany Fund, Inc. and The Central and Eastern Europe Fund, Inc. (since November 12, 2021); formerly: DWS UK & Ireland Head of Anti-Financial Crime and MLRO |
* | Ms. Schrand was an Advisory Board Member for certain funds in the DWS Fund Complex for the period from November 18, 2021 to December 31, 2022 and was elected as a Full Board Member as of January 1, 2023 for all funds in the DWS Fund Complex. |
1 | The length of time served represents the year in which the Board Member joined the board of one or more DWS funds currently overseen by the Board. |
2 | A publicly held company with securities registered pursuant to Section 12 of the Securities Exchange Act of 1934. |
3 | Mr. Perry is an Advisory Board Member of Deutsche DWS Asset Allocation Trust, Deutsche DWS Equity 500 Index Portfolio, Deutsche DWS Global/International Fund, Inc., Deutsche DWS Income Trust, Deutsche DWS Institutional Funds, Deutsche DWS International Fund, Inc., Deutsche DWS Investment Trust, Deutsche DWS Investments VIT Funds, Deutsche DWS Money Market Trust, Deutsche DWS Municipal Trust, Deutsche DWS Portfolio Trust, Deutsche DWS Securities Trust, Deutsche DWS Tax Free Trust, Deutsche DWS Variable Series I and Government Cash Management Portfolio. Mr. Perry is a Board Member of each other Trust. |
4 | Mr. Perry oversees 21 funds in the DWS Fund Complex as a Board Member of various Trusts. Mr. Perry is an Advisory Board Member of various Trusts/Corporations comprised of 48 funds in the DWS Fund Complex. |
5 | As a result of their respective positions held with the Advisor or its affiliates, these individuals are considered “interested persons” of the Advisor within the meaning of the 1940 Act. Interested persons receive no compensation from the Fund. |
6 | The length of time served represents the year in which the officer was first elected in such capacity for one or more DWS funds. |
7 | Address: 875 Third Avenue, New York, NY 10022. |
8 | Address: 100 Summer Street, Boston, MA 02110. |
9 | Address: 5201 Gate Parkway, Jacksonville, FL 32256. |
DWS Small Cap Index VIP | | 49 |
(b) Not applicable | |
ITEM 2. | CODE OF ETHICS |
As of the end of the period covered by this report, the registrant has adopted a code of ethics, as defined in Item 2 of Form N-CSR that applies to its Principal Executive Officer and Principal Financial Officer.
There have been no amendments to, or waivers from, a provision of the code of ethics during the period covered by this report that would require disclosure under Item 2.
A copy of the code of ethics is filed as an exhibit to this Form N-CSR. | |
ITEM 3. | AUDIT COMMITTEE FINANCIAL EXPERT |
The fund’s audit committee is comprised solely of trustees who are "independent" (as such term has been defined by the Securities and Exchange Commission ("SEC") in regulations implementing Section 407 of the Sarbanes-Oxley Act (the "Regulations")). The fund’s Board of Trustees has determined that there are several "audit committee financial experts" (as such term has been defined by the Regulations) serving on the fund’s audit committee including Ms. Schrand, the chair of the fund’s audit committee. An “audit committee financial expert” is not an “expert” for any purpose, including for purposes of Section 11 of the Securities Act of 1933 and the designation or identification of a person as an “audit committee financial expert” does not impose on such person any duties, obligations or liability that are greater than the duties, obligations and liability imposed on such person as a member of the audit committee and board of directors in the absence of such designation or identification. | |
ITEM 4. | PRINCIPAL ACCOUNTANT FEES AND SERVICES |
DWS Small Cap Index VIP
form n-csr disclosure re: AUDIT FEES
The following table shows the amount of fees that Ernst & Young LLP (“EY”), the Fund’s Independent Registered Public Accounting Firm, billed to the Fund during the Fund’s last two fiscal years. The Audit Committee approved in advance all audit services and non-audit services that EY provided to the Fund.
Services that the Fund’s Independent Registered Public Accounting Firm Billed to the Fund
Fiscal Year Ended December 31, | Audit Fees Billed to Fund | Audit-Related Fees Billed to Fund | Tax Fees Billed to Fund | All Other Fees Billed to Fund |
2022 | $36,511 | $0 | $8,316 | $0 |
2021 | $38,433 | $0 | $8,316 | $0 |
The above “Tax Fees” were billed for professional services rendered for tax preparation.
Services that the Fund’s Independent Registered Public Accounting Firm Billed to the Adviser and Affiliated Fund Service Providers
The following table shows the amount of fees billed by EY to DWS Investment Management Americas, Inc. (“DIMA” or the “Adviser”), and any entity controlling, controlled by or under common control with DIMA (“Control Affiliate”) that provides ongoing services to the Fund (“Affiliated Fund Service Provider”), for engagements directly related to the Fund’s operations and financial reporting, during the Fund’s last two fiscal years.
Fiscal Year Ended December 31, | Audit-Related Fees Billed to Adviser and Affiliated Fund Service Providers | Tax Fees Billed to Adviser and Affiliated Fund Service Providers | All Other Fees Billed to Adviser and Affiliated Fund Service Providers |
2022 | $0 | $148,212 | $0 |
2021 | $0 | $461,717 | $0 |
The above “Tax Fees” were billed in connection with tax compliance services and agreed upon procedures.
Non-Audit Services
The following table shows the amount of fees that EY billed during the Fund’s last two fiscal years for non-audit services. The Audit Committee pre-approved all non-audit services that EY provided to the Adviser and any Affiliated Fund Service Provider that related directly to the Fund’s operations and financial reporting. The Audit Committee requested and received information from EY about any non-audit services that EY rendered during the Fund’s last fiscal year to the Adviser and any Affiliated Fund Service Provider. The Committee considered this information in evaluating EY’s independence.
Fiscal Year Ended December 31, | Total Non-Audit Fees Billed to Fund (A) | Total Non-Audit Fees billed to Adviser and Affiliated Fund Service Providers (engagements related directly to the operations and financial reporting of the Fund) (B) | Total Non-Audit Fees billed to Adviser and Affiliated Fund Service Providers (all other engagements) (C) | Total of (A), (B) and (C) |
2022 | $8,316 | $148,212 | $0 | $156,528 |
2021 | $8,316 | $461,717 | $0 | $470,033 |
All other engagement fees were billed for services in connection with agreed upon procedures and tax compliance for DIMA and other related entities.
Audit Committee Pre-Approval Policies and Procedures. Generally, each Fund’s Audit Committee must pre approve (i) all services to be performed for a Fund by a Fund’s Independent Registered Public Accounting Firm and (ii) all non-audit services to be performed by a Fund’s Independent Registered Public Accounting Firm for the DIMA Entities with respect to operations and financial reporting of the Fund, except that the Chairperson or Vice Chairperson of each Fund’s Audit Committee may grant the pre-approval for non-audit services described in items (i) and (ii) above for non-prohibited services for engagements of less than $100,000. All such delegated pre approvals shall be presented to each Fund’s Audit Committee no later than the next Audit Committee meeting.
There were no amounts that were approved by the Audit Committee pursuant to the de minimis exception under Rule 2-01 of Regulation S-X.
According to the registrant’s principal Independent Registered Public Accounting Firm, substantially all of the principal Independent Registered Public Accounting Firm's hours spent on auditing the registrant's financial statements were attributed to work performed by full-time permanent employees of the principal Independent Registered Public Accounting Firm.
***
In connection with the audit of the 2021 and 2022 financial statements, the Fund entered into an engagement letter with EY. The terms of the engagement letter required by EY, and agreed to by the Audit Committee, include a provision mandating the use of mediation and arbitration to resolve any controversy or claim between the parties arising out of or relating to the engagement letter or services provided thereunder.
***
Pursuant to PCAOB Rule 3526, EY is required to describe in writing to the Fund’s Audit Committee, on at least an annual basis, all relationships between EY, or any of its affiliates, and the DWS Funds, including the Fund, or persons in financial reporting oversight roles at the DWS Funds that, as of the date of the communication, may reasonably be thought to bear on EY’s independence. Pursuant to PCAOB Rule 3526, EY has reported the matters set forth below that may reasonably be thought to bear on EY’s independence. With respect to each reported matter in the aggregate, EY advised the Audit Committee that, after careful consideration of the facts and circumstances and the applicable independence rules, it concluded that the matters do not and will not impair EY’s ability to exercise objective and impartial judgement in connection with the audits of the financial statements for the Fund and a reasonable investor with knowledge of all relevant facts and circumstances would conclude that EY has been and is capable of exercising objective and impartial judgment on all issues encompassed within EY’s audit engagements. EY also confirmed to the Audit Committee that it can continue to act as the Independent Registered Public Accounting Firm for the Fund.
· | EY advised the Fund’s Audit Committee that various covered persons within EY and EY’s affiliates held investments in, or had other financial relationships with, entities within the DWS Funds “investment company complex” (as defined in Regulation S-X) (the “DWS Funds Complex”). EY informed the Audit Committee that these investments and financial relationships were inconsistent with Rule 2-01(c)(1) of Regulation S-X. EY reported that all breaches have been resolved and that none of the breaches involved any professionals who were part of the audit engagement team for the Fund or in the position to influence the audit engagement team for the Fund. |
ITEM 5. | AUDIT COMMITTEE OF LISTED REGISTRANTS | |
Not applicable | ||
ITEM 6. | SCHEDULE OF INVESTMENTS | |
Not applicable | ||
ITEM 7. | DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES | |
Not applicable | ||
ITEM 8. | PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES | |
Not applicable | ||
ITEM 9. | PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS | |
Not applicable | ||
ITEM 10. | SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS | |
There were no material changes to the procedures by which shareholders may recommend nominees to the Fund’s Board. The primary function of the Nominating and Governance Committee is to identify and recommend individuals for membership on the Board and oversee the administration of the Board Governance Guidelines. Shareholders may recommend candidates for Board positions by forwarding their correspondence by U.S. mail or courier service to Keith R. Fox, DWS Funds Board Chair, c/o Thomas R. Hiller, Ropes & Gray LLP, Prudential Tower, 800 Boylston Street, Boston, MA 02199-3600. | ||
ITEM 11. | CONTROLS AND PROCEDURES | |
(a) | The Chief Executive and Financial Officers concluded that the Registrant’s Disclosure Controls and Procedures are effective based on the evaluation of the Disclosure Controls and Procedures as of a date within 90 days of the filing date of this report. | |
(b) | There have been no changes in the registrant’s internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal controls over financial reporting. | |
ITEM 12. | Disclosure of Securities Lending Activities for Closed-End Management Investment Companies | |
Not applicable | ||
ITEM 13. | EXHIBITS | |
(a)(1) | Code of Ethics pursuant to Item 2 of Form N-CSR is filed and attached hereto as EX-99.CODE ETH. | |
(a)(2) | Certification pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)) is filed and attached hereto as Exhibit 99.CERT. | |
(b) | Certification pursuant to Rule 30a-2(b) under the Investment Company Act of 1940 (17 CFR 270.30a-2(b)) is furnished and attached hereto as Exhibit 99.906CERT. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Registrant: | DWS Small Cap Index VIP, a series of Deutsche DWS Investments VIT Funds |
By: | /s/Hepsen Uzcan Hepsen Uzcan President |
Date: | 2/15/2023 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By: | /s/Hepsen Uzcan Hepsen Uzcan President |
Date: | 2/15/2023 |
By: | /s/Diane Kenneally Diane Kenneally Chief Financial Officer and Treasurer |
Date: | 2/15/2023 |