DBX ETF Trust NPORT-P Xtrackers S&P 500 Growth ESG ETF (May 2024 report)

DBX

ETF

Trust

|

1

Schedule

of

Investments

Xtrackers

S&P

500

Growth

ESG

ETF

May

31,

2024

(Unaudited)

Number

of

Shares

Value

$

COMMON

STOCKS

—

99.7%

Communication

Services

—

16.9%

Alphabet,

Inc.*,

Class

A

2,880

496,800

Alphabet,

Inc.*,

Class

C

2,412

419,591

Electronic

Arts,

Inc.

77

10,232

Meta

Platforms,

Inc.,

Class

A

1,587

740,859

Take-Two

Interactive

Software,

Inc.*

57

9,141

(Cost

$1,342,645)

1,676,623

Consumer

Discretionary

—

10.3%

Caesars

Entertainment,

Inc.*

90

3,200

Carnival

Corp.*

516

7,781

Chipotle

Mexican

Grill,

Inc.*

20

62,590

D.R.

Horton,

Inc.

215

31,777

Deckers

Outdoor

Corp.*

19

20,785

Etsy,

Inc.*

38

2,412

Expedia

Group,

Inc.*

94

10,609

Hilton

Worldwide

Holdings,

Inc.

182

36,509

Home

Depot,

Inc.

266

89,075

Las

Vegas

Sands

Corp.

162

7,295

Lululemon

Athletica,

Inc.*

83

25,895

Marriott

International,

Inc.,

Class

A

178

41,148

McDonald's

Corp.

230

59,545

MGM

Resorts

International*

134

5,383

NIKE,

Inc.,

Class

B

378

35,929

Norwegian

Cruise

Line

Holdings

Ltd.*

307

5,096

Pool

Corp.

16

5,817

PulteGroup,

Inc.

153

17,950

Ralph

Lauren

Corp.

15

2,803

Ross

Stores,

Inc.

243

33,962

Royal

Caribbean

Cruises

Ltd.*

170

25,106

Starbucks

Corp.

482

38,666

Tesla,

Inc.*

1,998

355,804

TJX

Cos.,

Inc.

534

55,055

Tractor

Supply

Co.

33

9,415

Ulta

Beauty,

Inc.*

23

9,087

Wynn

Resorts

Ltd.

69

6,547

Yum!

Brands,

Inc.

93

12,781

(Cost

$982,907)

1,018,022

Consumer

Staples

—

4.1%

Coca-Cola

Co.

1,095

68,908

Colgate-Palmolive

Co.

232

21,567

Costco

Wholesale

Corp.

134

108,525

Hershey

Co.

41

8,111

Lamb

Weston

Holdings,

Inc.

69

6,092

Mondelez

International,

Inc.,

Class

A

408

27,960

Number

of

Shares

Value

$

PepsiCo,

Inc.

357

61,725

Procter

&

Gamble

Co.

662

108,926

(Cost

$369,119)

411,814

Energy

—

2.0%

APA

Corp.

261

7,968

Coterra

Energy,

Inc.

358

10,210

Diamondback

Energy,

Inc.

129

25,705

EOG

Resources,

Inc.

278

34,625

Hess

Corp.

199

30,666

Marathon

Oil

Corp.

224

6,487

Marathon

Petroleum

Corp.

146

25,785

ONEOK,

Inc.

261

21,141

Targa

Resources

Corp.

161

19,035

Williams

Cos.,

Inc.

342

14,196

(Cost

$178,873)

195,818

Financials

—

6.7%

American

Express

Co.

289

69,360

Aon

PLC,

Class

A

74

20,841

Arch

Capital

Group

Ltd.*

268

27,505

Arthur

J

Gallagher

&

Co.

80

20,267

Cboe

Global

Markets,

Inc.

49

8,477

FactSet

Research

Systems,

Inc.

13

5,255

Marsh

&

McLennan

Cos.,

Inc.

185

38,402

Mastercard,

Inc.,

Class

A

428

191,346

Moody's

Corp.

53

21,041

MSCI,

Inc.

33

16,341

S&P

Global,

Inc.

102

43,606

Visa,

Inc.,

Class

A

753

205,162

(Cost

$590,269)

667,603

Health

Care

—

9.9%

AbbVie,

Inc.

471

75,944

Boston

Scientific

Corp.*

581

43,906

DaVita,

Inc.*

21

3,090

Dexcom,

Inc.*

170

20,191

Edwards

Lifesciences

Corp.*

162

14,076

Eli

Lilly

&

Co.

575

471,695

IDEXX

Laboratories,

Inc.*

34

16,896

Merck

&

Co.,

Inc.

731

91,770

Mettler-Toledo

International,

Inc.*

6

8,425

Regeneron

Pharmaceuticals,

Inc.*

46

45,087

STERIS

PLC

40

8,915

Stryker

Corp.

156

53,210

UnitedHealth

Group,

Inc.

253

125,329

Waters

Corp.*

16

4,942

(Cost

$771,291)

983,476

Industrials

—

8.4%

Allegion

PLC

24

2,924

2

|

DBX

ETF

Trust

Schedule

of

Investments

Xtrackers

S&P

500

Growth

ESG

ETF

(Continued)

May

31,

2024

(Unaudited)

Hidden

Row

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.

Number

of

Shares

Value

$

AMETEK,

Inc.

80

13,566

Automatic

Data

Processing,

Inc.

116

28,411

Broadridge

Financial

Solutions,

Inc.

48

9,637

Carrier

Global

Corp.

289

18,262

Caterpillar,

Inc.

213

72,105

Cintas

Corp.

34

23,051

CSX

Corp.

713

24,064

Dayforce,

Inc.*

62

3,067

Deere

&

Co.

107

40,099

Delta

Air

Lines,

Inc.

259

13,214

Eaton

Corp.

PLC

179

59,580

General

Electric

Co.

338

55,817

Hubbell,

Inc.

18

7,000

Illinois

Tool

Works,

Inc.

90

21,847

Ingersoll

Rand,

Inc.

225

20,936

Otis

Worldwide

Corp.

114

11,309

PACCAR,

Inc.

275

29,562

Parker-Hannifin

Corp.

72

38,269

Paychex,

Inc.

92

11,055

Pentair

PLC

83

6,755

Quanta

Services,

Inc.

72

19,868

Republic

Services,

Inc.

84

15,556

Rockwell

Automation,

Inc.

40

10,301

Trane

Technologies

PLC

113

37,003

Uber

Technologies,

Inc.*

1,484

95,807

Union

Pacific

Corp.

198

46,098

United

Rentals,

Inc.

48

32,132

Verisk

Analytics,

Inc.

58

14,661

W.W.

Grainger,

Inc.

24

22,115

Waste

Management,

Inc.

124

26,131

(Cost

$774,251)

830,202

Information

Technology

—

38.8%

Accenture

PLC,

Class

A

244

68,879

Adobe,

Inc.*

326

144,992

Advanced

Micro

Devices,

Inc.*

1,165

194,438

Akamai

Technologies,

Inc.*

51

4,704

Apple,

Inc.

4,966

954,713

Autodesk,

Inc.*

80

16,128

KLA

Corp.

98

74,434

Lam

Research

Corp.

95

88,582

Number

of

Shares

Value

$

Microsoft

Corp.

2,053

852,262

NVIDIA

Corp.

1,075

1,178,555

ON

Semiconductor

Corp.*

136

9,933

QUALCOMM,

Inc.

419

85,497

Salesforce,

Inc.

698

163,639

TE

Connectivity

Ltd.

87

13,024

(Cost

$2,812,035)

3,849,780

Materials

—

1.6%

CF

Industries

Holdings,

Inc.

74

5,900

Ecolab,

Inc.

93

21,595

Freeport-McMoRan,

Inc.

517

27,261

Linde

PLC

182

79,265

Sherwin-Williams

Co.

85

25,823

(Cost

$136,533)

159,844

Real

Estate

—

1.0%

American

Tower

Corp.

REIT

138

27,012

CoStar

Group,

Inc.*

127

9,928

Digital

Realty

Trust,

Inc.

REIT

97

14,098

Equinix,

Inc.

REIT

32

24,415

Host

Hotels

&

Resorts,

Inc.

REIT

305

5,472

Iron

Mountain,

Inc.

REIT

107

8,634

SBA

Communications

Corp.

REIT

31

6,097

(Cost

$93,157)

95,656

TOTAL

COMMON

STOCKS

(Cost

$8,051,080)

9,888,838

EXCHANGE-TRADED

FUNDS

—

0.2%

SPDR

Portfolio

S&P

500

Growth

ETF

(Cost

$17,765)

250

18,753

CASH

EQUIVALENTS

—

0.1%

DWS

Government

Money

Market

Series

"Institutional

Shares"(a),

5.26%

(Cost

$10,787)

10,787

10,787

TOTAL

INVESTMENTS

—

100.0%

(Cost

$8,079,632)  

9,918,378

Other

assets

and

liabilities,

net

—

0.0%

4,384

NET

ASSETS

—

100.0%

9,922,762

DBX

ETF

Trust

|

3

Schedule

of

Investments

Xtrackers

S&P

500

Growth

ESG

ETF

(Continued)

May

31,

2024

(Unaudited)

A

summary

of

the

Fund’s

transactions

with

affiliated

investments

during

the

period ended

May

31,

2024

is

as

follows:

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

May

31,

2024

in

valuing

the

Fund’s

investments.

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

SNPG-PH3

R-089711-2

(5/25)

DBX006037

(5/25) 

 *

Value

($)

at

8/31/2023

Purchases

Cost

($)

Sales

Proceeds

($)

Net

Realized

Gain/(Loss)

($)

Net

Change

in

Unrealized

Appreciation

(Depreciation)

($)

Income

($)

Capital

Gain

Distributions

($)

Number

of

Shares

at

5/31/2024

Value

($)

at

5/31/2024

CASH

EQUIVALENTS

—

0.1%

DWS

Government

Money

Market

Series

"Institutional

Shares",

5.26% (a)

1,630

123,345

(114,188)

—

—

198

—

10,787

10,787

*

Non-income

producing

security.

(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

Assets

Level

1

Level

2

Level

3

Total

Common

Stocks

(a)

$

9,888,838

$

—

$

—

$

9,888,838

Exchange-Traded

Funds

18,753

—

—

18,753

Short-Term

Investments

(a)

10,787

—

—

10,787

TOTAL

$

9,918,378

$

—

$

—

$

9,918,378

(a)

See

Schedule

of

Investments

for

additional

detailed

categorizations.