DBX ETF Trust
SCHEDULE OF INVESTMENTS
Xtrackers S&P ESG Dividend Aristocrats ETF
November 30, 2023 (Unaudited)
Number of Shares | Value | |||||||
COMMON STOCKS - 99.2% | ||||||||
Communication Services - 0.4% | ||||||||
John Wiley & Sons, Inc., Class A | ||||||||
(Cost $29,951) | 733 | $ | 22,144 | |||||
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Consumer Discretionary - 6.6% | ||||||||
Genuine Parts Co. | 435 | 57,759 | ||||||
Leggett & Platt, Inc. | 2,309 | 52,807 | ||||||
Lowe’s Cos., Inc. | 292 | 58,058 | ||||||
McDonald’s Corp. | 234 | 65,951 | ||||||
NIKE, Inc., Class B | 237 | 26,134 | ||||||
Polaris, Inc. | 691 | 56,987 | ||||||
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(Cost $375,175) | 317,696 | |||||||
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Consumer Staples - 20.3% | ||||||||
Archer-Daniels-Midland Co. | 521 | 38,413 | ||||||
Brown-Forman Corp., Class B | 530 | 31,132 | ||||||
Church & Dwight Co., Inc. | 449 | 43,387 | ||||||
Coca-Cola Co. | 1,231 | 71,940 | ||||||
Colgate-Palmolive Co. | 846 | 66,639 | ||||||
Flowers Foods, Inc. | 3,451 | 71,815 | ||||||
Hormel Foods Corp. | 1,819 | 55,643 | ||||||
J M Smucker Co. | 523 | 57,389 | ||||||
Kimberly-Clark Corp. | 683 | 84,508 | ||||||
McCormick & Co., Inc. | 829 | 53,744 | ||||||
PepsiCo, Inc. | 425 | 71,523 | ||||||
Procter & Gamble Co. | 456 | 70,005 | ||||||
Sysco Corp. | 937 | 67,623 | ||||||
Target Corp. | 502 | 67,173 | ||||||
Walgreens Boots Alliance, Inc. | 3,883 | 77,427 | ||||||
Walmart, Inc. | 308 | 47,953 | ||||||
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(Cost $1,142,828) | 976,314 | |||||||
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Energy - 3.2% | ||||||||
Chevron Corp. | 471 | 67,636 | ||||||
Exxon Mobil Corp. | 833 | 85,582 | ||||||
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(Cost $180,333) | 153,218 | |||||||
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Financials - 11.8% | ||||||||
Aflac, Inc. | 837 | 69,228 | ||||||
Chubb Ltd. | 174 | 39,921 | ||||||
Cincinnati Financial Corp. | 743 | 76,373 | ||||||
Commerce Bancshares, Inc. | 660 | 33,376 | ||||||
FactSet Research Systems, Inc. | 55 | 24,940 | ||||||
Franklin Resources, Inc. | 4,095 | 101,556 | ||||||
S&P Global, Inc. | 74 | 30,771 | ||||||
SEI Investments Co. | 650 | 38,136 | ||||||
T. Rowe Price Group, Inc. | 1,051 | 105,237 | ||||||
UMB Financial Corp. | 445 | 31,889 | ||||||
W.R. Berkley Corp. | 213 | 15,453 | ||||||
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(Cost $572,795) | 566,880 | |||||||
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Health Care - 7.6% | ||||||||
Abbott Laboratories | 401 | 41,820 | ||||||
AbbVie, Inc. | 648 | 92,269 | ||||||
Becton Dickinson and Co. | 150 | 35,427 | ||||||
Cardinal Health, Inc. | 851 | 91,125 | ||||||
Medtronic PLC | 1,210 | 95,917 | ||||||
West Pharmaceutical Services, Inc. | 34 | 11,926 | ||||||
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(Cost $342,638) | 368,484 | |||||||
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Industrials - 20.9% | ||||||||
ABM Industries, Inc. | 814 | 33,366 | ||||||
Automatic Data Processing, Inc. | 232 | 53,341 | ||||||
Brady Corp., Class A | 476 | 26,785 | ||||||
C.H. Robinson Worldwide, Inc. | 789 | 64,737 | ||||||
Carlisle Cos., Inc. | 154 | 43,183 | ||||||
Caterpillar, Inc. | 234 | 58,669 | ||||||
Cintas Corp. | 62 | 34,302 | ||||||
Dover Corp. | 310 | 43,760 | ||||||
Emerson Electric Co. | 720 | 64,008 | ||||||
Expeditors International of Washington, Inc. | 319 | 38,388 | ||||||
Fastenal Co. | 1,431 | 85,817 | ||||||
Franklin Electric Co., Inc. | 343 | 30,527 | ||||||
Illinois Tool Works, Inc. | 307 | 74,358 | ||||||
Lincoln Electric Holdings, Inc. | 331 | 65,558 | ||||||
MSA Safety, Inc. | 297 | 51,720 | ||||||
Nordson Corp. | 139 | 32,712 | ||||||
Pentair PLC | 1,169 | 75,447 | ||||||
Stanley Black & Decker, Inc. | 1,421 | 129,169 | ||||||
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(Cost $913,639) | 1,005,847 | |||||||
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Information Technology - 5.5% | ||||||||
Badger Meter, Inc. | 197 | 29,032 | ||||||
International Business Machines Corp. | 944 | 149,681 | ||||||
Microchip Technology, Inc. | 780 | 65,083 | ||||||
Roper Technologies, Inc. | 40 | 21,530 | ||||||
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(Cost $229,051) | 265,326 | |||||||
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Materials - 13.0% | ||||||||
Air Products and Chemicals, Inc. | 191 | 51,675 | ||||||
Albemarle Corp. | 108 | 13,097 | ||||||
Amcor PLC | 10,640 | 100,867 | ||||||
AptarGroup, Inc. | 334 | 42,381 | ||||||
Ecolab, Inc. | 280 | 53,684 | ||||||
HB Fuller Co. | 436 | 32,997 | ||||||
International Flavors & Fragrances, Inc. | 721 | 54,349 | ||||||
Linde PLC | 119 | 49,239 | ||||||
Nucor Corp. | 319 | 54,221 | ||||||
PPG Industries, Inc. | 409 | 58,074 | ||||||
Sherwin-Williams Co. | 118 | 32,898 | ||||||
Sonoco Products Co. | 1,171 | 64,592 | ||||||
Stepan Co. | 192 | 15,854 | ||||||
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(Cost $653,945) | 623,928 | |||||||
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Real Estate - 4.4% | ||||||||
Essex Property Trust, Inc. REIT | 497 | 106,089 | ||||||
Federal Realty Investment Trust REIT | 1,086 | 103,811 | ||||||
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(Cost $227,214) | 209,900 | |||||||
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Utilities - 5.5% | ||||||||
California Water Service Group | 545 | 27,561 |
Consolidated Edison, Inc. | 884 | 79,657 | ||||||
Essential Utilities, Inc. | 1,406 | 50,068 | ||||||
Eversource Energy | 1,098 | 65,232 | ||||||
NextEra Energy, Inc. | 742 | 43,414 | ||||||
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(Cost $318,846) | 265,932 | |||||||
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TOTAL COMMON STOCKS (Cost $4,986,415) | 4,775,669 | |||||||
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EXCHANGE TRADED FUNDS - 0.4% | ||||||||
ProShares S&P 500 Dividend Aristocrats ETF (Cost $17,689) | 200 | 18,220 | ||||||
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CASH EQUIVALENTS - 0.1% | ||||||||
DWS Government Money Market Series “Institutional Shares”, 5.31% (a) (Cost $2,428) | 2,428 | 2,428 | ||||||
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TOTAL INVESTMENTS - 99.7% (Cost $5,006,532) | $ | 4,796,317 | ||||||
Other assets and liabilities, net - 0.3% | 16,538 | |||||||
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NET ASSETS - 100.0% | $ | 4,812,855 | ||||||
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For information on the Fund’s policies regarding the valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual or annual financial statements.
A summary of the Fund’s transactions with affiliated investments during the period ended November 30, 2023 is as follows:
Value ($) at | Purchases Cost | Sales Proceeds ($) | Net Realized Gain/(Loss) ($) | Net Change in Unrealized Appreciation (Depreciation) ($) | Income | Capital Gain Distributions ($) | Number of | Value ($) at 11/30/2023 | ||||||||
CASH EQUIVALENTS — 0.1% | ||||||||||||||||
DWS Government Money Market Series “Institutional Shares”, 5.31% (a) | ||||||||||||||||
1,971 | 46,592 | (46,135) | — | — | 44 | — | 2,428 | 2,428 |
(a) | Affiliated fund managed by DWS Investment Management Americas, Inc. The rate shown is the annualized seven-day yield at period end. |
REIT: | Real Estate Investment Trust |
Fair Value Measurements
Various inputs are used in determining the value of the Fund’s investments. These inputs are summarized in three broad levels. Level 1 includes quoted prices in active markets for identical securities. Level 2 includes other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds and credit risk). Level 3 includes significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments). The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities.
The following is a summary of the inputs used as of November 30, 2023 in valuing the Fund’s investments.
Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks (a) | $ | 4,775,669 | $ | — | $ | — | $ | 4,775,669 | ||||||||
Exchange-Traded Funds | 18,220 | — | — | 18,220 | ||||||||||||
Short-Term Investments (a) | 2,428 | — | — | 2,428 | ||||||||||||
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TOTAL | $ | 4,796,317 | $ | — | $ | — | $ | 4,796,317 | ||||||||
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(a) | See Schedule of Investments for additional detailed categorizations. |
OBTAIN A FUND PROSPECTUS
To obtain a summary prospectus, or prospectus, download one from www.Xtrackers.com, talk to your financial representative or call (855) 329-3837. Investing involves risk, including the possible loss of principal. We advise you to carefully consider the product’s objectives, risks, charges and expenses before investing. The summary prospectus and prospectus contain this and other important information about the investment product. Please read the prospectus carefully before you invest. Xtrackers ETFs (“ETFs”) are managed by DBX Advisors LLC (the “Adviser”), and distributed by ALPS Distributors, Inc. (“ALPS”). The Adviser is a subsidiary of DWS Group GmbH & Co. KGaA, and is not affiliated with ALPS. Shares are not individually redeemable, and owners of Shares may acquire those Shares from the Fund, or tender such Shares for redemption to the Fund, in Creation Units only.
The brand DWS represents DWS Group GmbH & Co. KGaA and any of its subsidiaries such as DWS Distributors, Inc. which offers investment products or DWS Investment Management Americas Inc. and RREEF America L.L.C. which offer advisory services.
NO BANK GUARANTEE | NOT FDIC INSURED | MAY LOSE VALUE
SNPD-PH1
R-089711-1 (5/24) DBX005195 (5/24)