DBX ETF Trust NPORT-P Xtrackers International Real Estate ETF (Aug 2024 report)

DBX

ETF

Trust

|

1

Schedule

of

Investments

Xtrackers

International

Real

Estate

ETF

August

31,

2024

(Unaudited)

Number

of

Shares

Value

$

COMMON

STOCKS

—

98.8%

Australia

—

13.2%

Abacus

Group

REIT

390,034

322,859

Arena

REIT

313,258

845,931

BWP

Trust

REIT

478,951

1,176,385

Centuria

Industrial

REIT

474,481

1,014,097

Centuria

Office

REIT

429,488

352,603

Charter

Hall

Group

REIT

425,609

4,184,361

Charter

Hall

Long

Wale

REIT

568,629

1,500,820

Charter

Hall

Retail

REIT

470,608

1,162,280

Charter

Hall

Social

Infrastructure

REIT

299,876

557,497

Cromwell

Property

Group

REIT

1,456,442

410,101

Dexus

REIT

947,845

4,643,276

Goodman

Group

REIT

1,541,397

34,930,993

GPT

Group

REIT

1,412,534

4,715,350

Growthpoint

Properties

Australia

Ltd.

REIT

236,629

399,776

Healthco

REIT

(a)

382,917

316,967

HMC

Capital

Ltd.

REIT

228,457

1,311,369

HomeCo

Daily

Needs

REIT

(a)

1,531,716

1,309,480

Ingenia

Communities

Group

REIT

327,542

1,155,634

Lifestyle

Communities

Ltd.

99,693

522,194

Mirvac

Group

REIT

3,457,030

4,785,015

National

Storage

REIT

1,217,597

1,999,258

REA

Group

Ltd.

44,920

6,674,732

Region

RE

Ltd.

REIT

1,014,345

1,555,407

Rural

Funds

Group

REIT

334,139

464,762

Scentre

Group

REIT

4,577,670

10,684,467

Stockland

REIT

2,102,268

7,160,474

Vicinity

Ltd.

REIT

4,010,365

6,040,694

Waypoint

REIT

Ltd.

REIT

595,132

1,053,911

(Cost

$84,619,199)

101,250,693

Austria

—

0.3%

CA

Immobilien

Anlagen

AG

37,896

1,333,918

IMMOFINANZ

AG

*

30,398

1,061,581

(Cost

$1,843,595)

2,395,499

Belgium

—

1.8%

Aedifica

SA

REIT

41,661

2,812,990

Cofinimmo

SA

REIT

32,197

2,200,701

Montea

NV

REIT

16,168

1,412,023

Retail

Estates

NV

REIT

11,431

819,913

VGP

NV

11,880

1,221,633

Warehouses

De

Pauw

CVA

REIT

155,090

4,144,095

Xior

Student

Housing

NV

REIT

28,928

1,048,669

(Cost

$16,565,544)

13,660,024

Brazil

—

0.5%

Allos

SA

415,505

1,673,524

Cyrela

Brazil

Realty

SA

Empreendimentos

e

Participacoes

253,845

978,034

Number

of

Shares

Value

$

Ez

Tec

Empreendimentos

e

Participacoes

SA

127,314

316,751

Multiplan

Empreendimentos

Imobiliarios

SA

276,990

1,254,043

(Cost

$4,627,705)

4,222,352

Canada

—

6.6%

Allied

Properties

Real

Estate

Investment

Trust

REIT

(a)

113,246

1,461,212

Altus

Group

Ltd.

40,602

1,636,733

Artis

Real

Estate

Investment

Trust

REIT

(a)

56,399

300,460

Boardwalk

Real

Estate

Investment

Trust

REIT

35,575

2,277,961

Canadian

Apartment

Properties

REIT

147,252

5,722,916

Chartwell

Retirement

Residences

(a)

215,276

2,330,460

Choice

Properties

Real

Estate

Investment

Trust

REIT

(a)

225,244

2,463,437

Colliers

International

Group,

Inc.

38,075

5,493,366

Crombie

Real

Estate

Investment

Trust

REIT

(a)

93,242

1,018,380

CT

Real

Estate

Investment

Trust

REIT

(a)

64,054

733,336

Dream

Industrial

Real

Estate

Investment

Trust

REIT

(a)

243,234

2,461,667

Dream

Office

Real

Estate

Investment

Trust

REIT

(a)

7,901

114,140

First

Capital

Real

Estate

Investment

Trust

REIT

(a)

169,945

2,187,754

FirstService

Corp.

33,052

5,957,575

Granite

Real

Estate

Investment

Trust

REIT

(a)

56,902

3,231,941

H&R

Real

Estate

Investment

Trust

REIT

(a)

228,676

1,786,651

InterRent

Real

Estate

Investment

Trust

REIT

127,565

1,203,952

Killam

Apartment

Real

Estate

Investment

Trust

REIT

(a)

105,483

1,559,841

Minto

Apartment

Real

Estate

Investment

Trust

REIT,

144A

(a)

34,252

414,760

Nexus

Industrial

REIT

(a)

37,218

233,346

NorthWest

Healthcare

Properties

Real

Estate

Investment

Trust

REIT

(a)

194,182

730,479

Primaris

Real

Estate

Investment

Trust

REIT

(a)

61,861

680,689

RioCan

Real

Estate

Investment

Trust

REIT

(a)

265,182

3,669,556

Slate

Grocery

REIT,

Class

U

REIT

(a)

53,482

496,427

SmartCentres

Real

Estate

Investment

Trust

REIT

(a)

113,446

2,149,813

(Cost

$49,727,956)

50,316,852

Chile

—

0.2%

Cencosud

Shopping

SA

405,755

685,257

2

|

DBX

ETF

Trust

Schedule

of

Investments

Xtrackers

International

Real

Estate

ETF

(Continued)

August

31,

2024

(Unaudited)

Number

of

Shares

Value

$

Parque

Arauco

SA

627,853

1,031,722

(Cost

$1,582,952)

1,716,979

China

—

0.6%

A-Living

Smart

City

Services

Co.

Ltd.,

144A

649,998

212,489

China

Resources

Mixc

Lifestyle

Services

Ltd.,

144A

555,232

1,843,561

China

Vanke

Co.

Ltd.,

Class

H

*

(a)

1,909,749

1,006,239

Guangzhou

R&F

Properties

Co.

Ltd.,

Class

H

*

1,394,830

134,111

Onewo,

Inc.,

Class

H

283,856

632,457

Poly

Property

Services

Co.

Ltd.,

Class

H

132,476

437,318

Shanghai

Lujiazui

Finance

&

Trade

Zone

Development

Co.

Ltd.,

Class

B

941,840

421,944

Sino-Ocean

Group

Holding

Ltd.

*

(a)

2,258,898

79,637

(Cost

$12,003,824)

4,767,756

Egypt

—

0.1%

Talaat

Moustafa

Group

(Cost

$475,000)

856,949

1,039,901

Finland

—

0.3%

Citycon

OYJ

*

81,052

365,146

Kojamo

OYJ

*

159,557

1,672,532

(Cost

$3,084,524)

2,037,678

France

—

3.1%

ARGAN

SA

REIT

10,718

905,205

Carmila

SA

REIT

47,856

887,808

Covivio

SA

REIT

49,428

2,757,479

Gecina

SA

REIT

41,961

4,621,442

ICADE

REIT

28,616

642,370

Klepierre

SA

REIT

196,891

5,897,423

Mercialys

SA

REIT

83,719

1,074,956

Unibail-Rodamco-Westfield

REIT

*

88,270

7,079,785

(Cost

$23,072,461)

23,866,468

Germany

—

4.1%

Deutsche

Wohnen

SE

46,105

1,099,775

LEG

Immobilien

SE

67,057

6,462,066

TAG

Immobilien

AG

*

153,877

2,525,943

Vonovia

SE

607,929

20,981,551

(Cost

$33,806,549)

31,069,335

Greece

—

0.1%

LAMDA

Development

SA

*

(Cost

$513,093)

71,411

556,476

Hong

Kong

—

9.5%

C&D

International

Investment

Group

Ltd.

(a)

634,299

1,026,211

China

Jinmao

Holdings

Group

Ltd.

6,962,349

633,720

Number

of

Shares

Value

$

China

Overseas

Grand

Oceans

Group

Ltd.

1,452,825

284,963

China

Overseas

Land

&

Investment

Ltd.

3,278,313

5,203,004

China

Overseas

Property

Holdings

Ltd.

1,105,652

674,697

China

Resources

Land

Ltd.

2,549,041

7,238,252

CK

Asset

Holdings

Ltd.

1,819,313

7,358,510

ESR

Group

Ltd.,

144A

1,927,373

2,989,746

Fortune

Real

Estate

Investment

Trust

REIT

1,279,859

697,323

Hang

Lung

Group

Ltd.

739,313

844,480

Hang

Lung

Properties

Ltd.

1,489,730

1,138,248

Henderson

Land

Development

Co.

Ltd.

1,165,667

3,631,315

Hongkong

Land

Holdings

Ltd.

917,187

3,439,451

Hysan

Development

Co.

Ltd.

505,301

813,622

Kerry

Properties

Ltd.

501,017

940,322

Link

REIT

2,254,014

10,662,673

New

World

Development

Co.

Ltd.

(a)

1,178,959

1,186,456

Poly

Property

Group

Co.

Ltd.

1,679,673

282,084

Shandong

Hi-Speed

Holdings

Group

Ltd.

*

(a)

1,644,866

1,161,891

Shanghai

Industrial

Holdings

Ltd.

353,279

516,304

Sun

Hung

Kai

Properties

Ltd.

1,340,529

13,138,229

Swire

Properties

Ltd.

925,158

1,705,524

Wharf

Holdings

Ltd.

844,677

2,219,871

Wharf

Real

Estate

Investment

Co.

Ltd.

1,366,345

3,984,969

Yuexiu

Property

Co.

Ltd.

1,274,913

666,843

(Cost

$106,447,474)

72,438,708

India

—

1.2%

DLF

Ltd.

837,256

8,436,324

Equinox

India

Developments

Ltd.

*

410,489

649,764

(Cost

$4,260,779)

9,086,088

Indonesia

—

0.3%

PT

Bumi

Serpong

Damai

Tbk

*

6,650,424

552,947

PT

Ciputra

Development

Tbk

7,602,060

639,448

PT

Kawasan

Industri

Jababeka

Tbk

*

11,842,430

117,237

PT

Pakuwon

Jati

Tbk

12,679,548

390,519

PT

Summarecon

Agung

Tbk

9,628,070

380,014

(Cost

$1,893,531)

2,080,165

Ireland

—

0.0%

Irish

Residential

Properties

REIT

PLC

REIT

(Cost

$411,431)

419,396

410,843

Israel

—

1.8%

Africa

Israel

Residences

Ltd.

5,491

355,723

Airport

City

Ltd.

*

53,360

823,752

DBX

ETF

Trust

|

3

Schedule

of

Investments

Xtrackers

International

Real

Estate

ETF

(Continued)

August

31,

2024

(Unaudited)

Number

of

Shares

Value

$

Alony

Hetz

Properties

&

Investments

Ltd.

136,142

1,022,707

Amot

Investments

Ltd.

201,764

897,718

Aura

Investments

Ltd.

126,866

578,460

Azrieli

Group

Ltd.

31,969

2,176,800

Big

Shopping

Centers

Ltd.

*

13,872

1,529,648

Electra

Real

Estate

Ltd.

21,481

230,947

G

City

Ltd.

87,886

302,604

Gav-Yam

Lands

Corp.

Ltd.

22,750

188,334

Israel

Canada

T.R

Ltd.

141,234

528,727

Isras

Investment

Co.

Ltd.

1,305

261,432

Melisron

Ltd.

22,056

1,683,005

Menivim-

The

New

REIT

Ltd.

REIT

610,422

289,098

Mivne

Real

Estate

KD

Ltd.

522,803

1,323,906

Prashkovsky

Investments

and

Construction

Ltd.

6,082

139,161

Property

&

Building

Corp.

Ltd.

*

2,203

133,121

Reit

1

Ltd.

REIT

173,539

703,246

Sella

Capital

Real

Estate

Ltd.

REIT

198,587

393,068

(Cost

$13,865,161)

13,561,457

Japan

—

22.3%

Activia

Properties,

Inc.

REIT

431

1,019,742

Advance

Logistics

Investment

Corp.

REIT

(a)

579

495,076

Advance

Residence

Investment

Corp.

REIT

909

2,066,406

Aeon

Mall

Co.

Ltd.

(a)

82,800

1,168,031

AEON

REIT

Investment

Corp.

REIT

1,561

1,436,585

Comforia

Residential

REIT,

Inc.

REIT

605

1,329,625

CRE

Logistics

REIT,

Inc.

REIT

546

560,981

Daito

Trust

Construction

Co.

Ltd.

54,300

6,712,682

Daiwa

House

REIT

Investment

Corp.

REIT

(a)

1,893

3,066,919

Daiwa

Office

Investment

Corp.

REIT

491

1,035,246

Daiwa

Securities

Living

Investments

Corp.

REIT

1,840

1,314,241

ES-Con

Japan

Ltd.

44,000

314,275

Frontier

Real

Estate

Investment

Corp.

REIT

452

1,330,188

Fukuoka

REIT

Corp.

REIT

(a)

450

458,638

Global

One

Real

Estate

Investment

Corp.

REIT

654

459,042

GLP

J

REIT

(a)

4,310

3,954,644

Goldcrest

Co.

Ltd.

12,400

248,673

Hankyu

Hanshin

REIT,

Inc.

REIT

623

556,231

Health

Care

&

Medical

Investment

Corp.

REIT

317

266,480

Heiwa

Real

Estate

Co.

Ltd.

27,100

757,508

Heiwa

Real

Estate

REIT,

Inc.

REIT

574

524,309

Hoshino

Resorts

REIT,

Inc.

REIT

214

745,153

Number

of

Shares

Value

$

Hulic

Co.

Ltd.

605,400

6,263,762

Hulic

Reit,

Inc.

REIT

(a)

754

731,189

Ichigo

Office

REIT

Investment

Corp.

REIT

875

512,002

Ichigo,

Inc.

173,600

454,254

Industrial

&

Infrastructure

Fund

Investment

Corp.

REIT

2,233

1,904,733

Invincible

Investment

Corp.

REIT

5,907

2,620,736

JALCO

Holdings,

Inc.

59,200

169,950

Japan

Excellent,

Inc.

REIT

711

618,197

Japan

Hotel

REIT

Investment

Corp.

REIT

4,061

2,086,211

Japan

Logistics

Fund,

Inc.

REIT

610

1,097,208

Japan

Metropolitan

Fund

Invest

REIT

(a)

6,167

3,913,539

Japan

Prime

Realty

Investment

Corp.

REIT

610

1,380,413

Japan

Real

Estate

Investment

Corp.

REIT

(a)

919

3,704,907

JINUSHI

Co.

Ltd.

10,600

148,730

Kasumigaseki

Capital

Co.

Ltd.

(a)

5,800

595,515

KDX

Realty

Investment

Corp.

REIT

3,646

4,046,520

Keihanshin

Building

Co.

Ltd.

39,200

438,831

Ki-Star

Real

Estate

Co.

Ltd.

(a)

7,600

194,169

LaSalle

Logiport

REIT

(a)

1,624

1,633,982

Leopalace21

Corp.

174,100

709,050

Loadstar

Capital

KK

9,400

160,040

Mirai

Corp.

REIT

1,663

509,962

Mirarth

Holdings,

Inc.

79,631

283,840

Mitsubishi

Estate

Co.

Ltd.

1,166,400

20,030,790

Mitsubishi

Estate

Logistics

REIT

Investment

Corp.

REIT

(a)

446

1,157,845

Mitsui

Fudosan

Co.

Ltd.

2,480,900

26,716,467

Mitsui

Fudosan

Logistics

Park,

Inc.

REIT

550

1,660,142

Mori

Hills

REIT

Investment

Corp.

REIT

984

877,190

Mori

Trust

Sogo

Reit,

Inc.

REIT

(a)

2,219

1,010,403

Nippon

Accommodations

Fund,

Inc.

REIT

(a)

326

1,475,458

Nippon

Building

Fund,

Inc.

REIT

1,122

5,054,991

Nippon

Kanzai

Holdings

Co.

Ltd.

19,800

363,622

Nippon

Prologis

REIT,

Inc.

REIT

2,128

3,761,871

NIPPON

REIT

Investment

Corp.

REIT

290

648,295

Nomura

Real

Estate

Holdings,

Inc.

95,400

2,734,793

Nomura

Real

Estate

Master

Fund,

Inc.

REIT

(a)

2,821

2,861,589

NTT

UD

REIT

Investment

Corp.

REIT

931

750,657

One

REIT,

Inc.

REIT

205

355,218

Open

House

Group

Co.

Ltd.

(a)

73,200

2,887,681

4

|

DBX

ETF

Trust

Schedule

of

Investments

Xtrackers

International

Real

Estate

ETF

(Continued)

August

31,

2024

(Unaudited)

Number

of

Shares

Value

$

Orix

JREIT,

Inc.

REIT

(a)

1,758

1,831,590

Pressance

Corp.

23,700

311,377

Raysum

Co.

Ltd.

10,200

228,721

Relo

Group,

Inc.

93,300

1,225,802

SAMTY

HOLDINGS

Co.

Ltd.

28,400

511,221

Samty

Residential

Investment

Corp.

REIT

376

265,722

Sankei

Real

Estate,

Inc.

REIT

416

235,135

Sekisui

House

Reit,

Inc.

REIT

2,824

1,629,175

SOSiLA

Logistics

REIT,

Inc.

REIT

651

524,448

SRE

Holdings

Corp.

*

(a)

9,000

295,766

Star

Asia

Investment

Corp.

REIT

2,098

792,486

Starts

Corp.,

Inc.

29,100

670,516

Starts

Proceed

Investment

Corp.

REIT

200

270,595

Sumitomo

Realty

&

Development

Co.

Ltd.

419,800

14,314,804

Sun

Frontier

Fudousan

Co.

Ltd.

24,100

304,053

Takara

Leben

Real

Estate

Investment

Corp.

REIT

(a)

675

436,232

Tokyo

Tatemono

Co.

Ltd.

185,200

3,090,164

Tokyu

Fudosan

Holdings

Corp.

535,900

3,842,448

Tokyu

REIT,

Inc.

REIT

546

569,605

Tosei

Corp.

32,300

518,202

Tosei

Reit

Investment

Corp.

REIT

256

244,387

United

Urban

Investment

Corp.

REIT

1,879

1,856,997

(Cost

$171,016,243)

170,314,873

Luxembourg

—

0.5%

Aroundtown

SA

*

(a)

627,439

1,596,685

Grand

City

Properties

SA

*

59,764

822,279

Shurgard

Self

Storage

Ltd.

REIT

26,925

1,187,661

(Cost

$4,921,561)

3,606,625

Malaysia

—

0.7%

Eastern

&

Oriental

Bhd

*

883,600

179,889

Eco

World

Development

Group

Bhd

1,056,400

378,813

IOI

Properties

Group

Bhd

1,055,787

505,605

Mah

Sing

Group

Bhd

1,139,100

429,551

Matrix

Concepts

Holdings

Bhd

747,594

326,883

Sime

Darby

Property

Bhd

2,622,246

849,310

SP

Setia

Bhd

Group

1,813,717

461,559

Sunway

Bhd

2,040,461

1,935,429

Tanco

Holdings

Bhd

*

773,500

193,263

UEM

Sunrise

Bhd

1,254,030

255,303

(Cost

$3,090,727)

5,515,605

Mexico

—

1.5%

Concentradora

Fibra

Danhos

SA

de

CV

REIT

1,370,257

1,386,684

Corp.

Inmobiliaria

Vesta

SAB

de

CV

785,739

2,159,887

FIBRA

Macquarie

Mexico

REIT,

144A

717,792

1,134,904

Number

of

Shares

Value

$

Fibra

MTY

SAPI

de

CV

REIT

(a)

2,144,459

1,135,298

Fibra

Uno

Administracion

SA

de

CV

REIT

2,511,868

2,965,218

Prologis

Property

Mexico

SA

de

CV

REIT

916,209

2,925,694

(Cost

$11,511,373)

11,707,685

Netherlands

—

0.8%

CTP

NV,

144A

98,186

1,845,423

Eurocommercial

Properties

NV

REIT

38,462

996,222

NEPI

Rockcastle

NV

*

374,628

3,043,233

(Cost

$4,767,825)

5,884,878

New

Zealand

—

0.4%

Goodman

Property

Trust

REIT

936,425

1,242,054

Kiwi

Property

Group

Ltd.

1,412,166

852,599

Precinct

Properties

Group

(a)(b)

1,389,533

1,164,944

(Cost

$3,636,402)

3,259,597

Norway

—

0.1%

Entra

ASA,

144A

*

(Cost

$883,359)

62,528

779,224

Philippines

—

2.0%

AREIT,

Inc.

REIT

983,061

674,049

Ayala

Corp.

284,484

3,065,233

Ayala

Land,

Inc.

6,751,028

4,244,190

SM

Prime

Holdings,

Inc.

12,803,487

7,057,309

(Cost

$16,860,607)

15,040,781

Russia

—

0.0%

LSR

Group

PJSC

*

(c)

30,984

0

PIK-Spetsializirovannyy

Zastroyshchik

PAO

*

(c)

192,287

0

(Cost

$2,472,023)

0

Singapore

—

6.3%

AIMS

APAC

REIT

662,200

660,447

CapitaLand

Ascendas

REIT

3,116,369

6,885,682

CapitaLand

Ascott

Trust

(b)

2,219,710

1,549,684

CapitaLand

China

Trust

REIT

1,048,747

559,192

Capitaland

India

Trust

901,917

781,899

CapitaLand

Integrated

Commercial

Trust

REIT

4,503,692

7,325,043

CapitaLand

Investment

Ltd.

2,219,963

4,615,520

CDL

Hospitality

Trusts

(b)

717,244

514,499

City

Developments

Ltd.

445,250

1,786,534

Digital

Core

REIT

Management

Pte

Ltd.

REIT

790,000

481,900

ESR-LOGOS

REIT

6,397,012

1,325,094

Far

East

Hospitality

Trust

(b)

944,700

463,852

Frasers

Centrepoint

Trust

REIT

1,037,718

1,894,794

Frasers

Logistics

&

Commercial

Trust

REIT

2,599,078

2,173,459

Keppel

REIT

2,088,108

1,409,747

Keppel

DC

REIT

1,181,255

1,930,318

DBX

ETF

Trust

|

5

Schedule

of

Investments

Xtrackers

International

Real

Estate

ETF

(Continued)

August

31,

2024

(Unaudited)

Number

of

Shares

Value

$

Lendlease

Global

Commercial

REIT

(a)

1,497,151

671,935

Mapletree

Industrial

Trust

REIT

1,815,122

3,397,827

Mapletree

Logistics

Trust

REIT

2,942,217

3,069,865

Mapletree

Pan

Asia

Commercial

Trust

REIT

2,036,318

2,140,286

Parkway

Life

Real

Estate

Investment

Trust

REIT

340,862

980,653

Starhill

Global

REIT

1,213,209

474,692

Suntec

Real

Estate

Investment

Trust

REIT

(a)

1,656,100

1,562,778

UOL

Group

Ltd.

408,017

1,684,093

Yanlord

Land

Group

Ltd.

*

519,549

165,417

(Cost

$51,683,311)

48,505,210

South

Africa

—

0.9%

Equites

Property

Fund

Ltd.

REIT

590,000

451,929

Fortress

Real

Estate

Investments

Ltd.,

Class

B

885,929

963,020

Growthpoint

Properties

Ltd.

REIT

2,395,104

1,902,054

Hyprop

Investments

Ltd.

REIT

265,200

571,028

Redefine

Properties

Ltd.

REIT

(a)

4,927,863

1,321,128

Resilient

REIT

Ltd.

REIT

(a)

246,654

794,211

Vukile

Property

Fund

Ltd.

REIT

749,510

748,032

(Cost

$6,072,035)

6,751,402

South

Korea

—

0.2%

ESR

Kendall

Square

REIT

Co.

Ltd.

REIT

135,696

522,122

Seobu

T&D

34,640

158,698

SK

REITs

Co.

Ltd.

REIT

165,711

661,182

(Cost

$1,388,131)

1,342,002

Spain

—

0.7%

Inmobiliaria

Colonial

Socimi

SA

REIT

231,927

1,456,887

Merlin

Properties

Socimi

SA

REIT

276,914

3,399,265

Neinor

Homes

SA,

144A

*

31,042

456,994

(Cost

$4,909,793)

5,313,146

Sweden

—

4.7%

Atrium

Ljungberg

AB,

Class

B

39,817

913,702

Castellum

AB

*

376,086

5,157,950

Catena

AB

33,424

1,860,379

Cibus

Nordic

Real

Estate

AB

50,081

810,822

Corem

Property

Group

AB,

Class

B

(a)

491,627

475,269

Dios

Fastigheter

AB

91,793

781,169

Fabege

AB

210,939

1,872,358

Fastighets

AB

Balder,

Class

B

*

600,254

4,718,448

Hemnet

Group

AB

72,242

2,652,442

Hufvudstaden

AB,

Class

A

93,969

1,258,946

Nyfosa

AB

139,829

1,548,383

Pandox

AB

80,140

1,541,643

Number

of

Shares

Value

$

Platzer

Fastigheter

Holding

AB,

Class

B

65,552

654,192

Sagax

AB,

Class

B

195,109

5,155,530

Sagax

AB,

Class

D

111,823

342,324

Samhallsbyggnadsbolaget

i

Norden

AB

(a)

1,080,679

730,988

Swedish

Logistic

Property

AB,

Class

B

*

119,588

444,919

Wallenstam

AB,

Class

B

431,374

2,268,339

Wihlborgs

Fastigheter

AB

242,528

2,555,357

(Cost

$33,637,780)

35,743,160

Switzerland

—

2.5%

Allreal

Holding

AG

13,923

2,641,998

Intershop

Holding

AG

5,117

740,607

Mobimo

Holding

AG

6,492

2,062,106

PSP

Swiss

Property

AG

40,451

5,873,726

Swiss

Prime

Site

AG

68,076

7,670,535

(Cost

$16,398,186)

18,988,972

Taiwan

—

1.6%

Cathay

Real

Estate

Development

Co.

Ltd.

575,017

513,183

Chong

Hong

Construction

Co.

Ltd.

201,790

725,409

Da-Li

Development

Co.

Ltd.

273,993

534,453

Delpha

Construction

Co.

Ltd.

453,079

689,037

Farglory

Land

Development

Co.

Ltd.

239,330

606,742

Highwealth

Construction

Corp.

1,470,551

2,560,478

Hong

Pu

Real

Estate

Development

Co.

Ltd.

178,685

197,174

Huaku

Development

Co.

Ltd.

247,818

1,150,390

Huang

Hsiang

Construction

Corp.

118,373

236,450

Hung

Sheng

Construction

Ltd.

332,210

285,582

KEE

TAI

Properties

Co.

Ltd.

367,316

222,755

Kindom

Development

Co.

Ltd.

331,353

591,443

Kuo

Yang

Construction

Co.

Ltd.

207,523

175,152

Prince

Housing

&

Development

Corp.

1,128,728

402,235

Radium

Life

Tech

Co.

Ltd.

*

520,024

174,750

Ruentex

Development

Co.

Ltd.

1,683,498

2,591,819

Sakura

Development

Co.

Ltd.

321,814

706,200

Shining

Building

Business

Co.

Ltd.

*

430,661

140,009

Taiwan

Land

Development

Corp.

*

(c)

243,531

0

(Cost

$9,256,185)

12,503,261

Thailand

—

1.5%

Amata

Corp.

PCL

736,600

476,630

Amata

Corp.

PCL,

NVDR

84

54

AP

Thailand

PCL,

NVDR

2,217,300

553,588

Asset

World

Corp.

PCL,

NVDR

7,001,900

686,846

Central

Pattana

PCL,

NVDR

2,896,200

5,091,561

6

|

DBX

ETF

Trust

Schedule

of

Investments

Xtrackers

International

Real

Estate

ETF

(Continued)

August

31,

2024

(Unaudited)

Number

of

Shares

Value

$

Land

&

Houses

PCL,

NVDR

7,410,000

1,237,007

MBK

PCL

864,600

441,944

Origin

Property

PCL,

NVDR

619,900

74,362

Quality

Houses

PCL,

NVDR

7,506,400

399,218

Sansiri

PCL

740,500

37,413

Sansiri

PCL,

NVDR

13,220,100

667,938

SC

Asset

Corp.

PCL,

NVDR

1,533,900

116,023

Supalai

PCL,

NVDR

1,024,165

532,584

WHA

Corp.

PCL,

NVDR

8,952,996

1,402,006

(Cost

$12,212,442)

11,717,174

Turkey

—

0.3%

AKIS

Gayrimenkul

Yatirimi

AS

REIT

339,028

178,527

Emlak

Konut

Gayrimenkul

Yatirim

Ortakligi

AS

REIT

*

1,781,842

610,884

Is

Gayrimenkul

Yatirim

Ortakligi

AS

REIT

*

340,339

158,839

Kiler

Holding

AS

*

212,701

199,662

Kuyumcukent

Gayrimenkul

Yatirimlari

AS

REIT

*

75,544

133,599

Ozak

Gayrimenkul

Yatirim

Ortakligi

REIT

*

328,152

96,996

Reysas

Gayrimenkul

Yatirim

Ortakligi

AS

REIT

*

493,392

157,713

Roenesans

Gayrimenkul

Yatirim

AS

*

40,499

123,274

Servet

Gayrimenkul

Yatirim

Ortakligi

AS

*

11,862

108,284

Torunlar

Gayrimenkul

Yatirim

Ortakligi

AS

REIT

124,013

174,361

Ziraat

Gayrimenkul

Yatirim

Ortakligi

AS

737,659

134,460

(Cost

$1,561,343)

2,076,599

United

Kingdom

—

8.1%

Assura

PLC

REIT

2,662,973

1,458,722

Big

Yellow

Group

PLC

REIT

171,731

2,848,303

British

Land

Co.

PLC

REIT

773,529

4,180,304

Derwent

London

PLC

REIT

91,160

2,798,693

Empiric

Student

Property

PLC

REIT

538,009

684,452

Grainger

PLC

590,668

1,859,204

Great

Portland

Estates

PLC

REIT

290,386

1,284,218

Hammerson

PLC

REIT

3,969,625

1,480,608

Land

Securities

Group

PLC

REIT

662,293

5,479,287

LondonMetric

Property

PLC

REIT

1,795,533

4,813,951

Picton

Property

Income

Ltd.

REIT

485,189

475,057

Primary

Health

Properties

PLC

REIT

1,181,406

1,502,202

Rightmove

PLC

712,361

5,201,642

Safestore

Holdings

PLC

REIT

193,778

2,201,647

Savills

PLC

119,868

1,849,479

Segro

PLC

REIT

1,093,486

12,520,141

Shaftesbury

Capital

PLC

REIT

1,324,541

2,558,944

Number

of

Shares

Value

$

Tritax

Big

Box

REIT

PLC

REIT

1,952,080

4,176,670

UNITE

Group

PLC

REIT,

Series

6

292,402

3,679,571

Workspace

Group

PLC

REIT

123,416

1,000,771

(Cost

$63,044,907)

62,053,866

TOTAL

COMMON

STOCKS

(Cost

$778,125,011)

755,581,334

WARRANTS

—

0.0%

Israel

—

0.0%

REIT

Azorim

HF

Living

Ltd.*

,

expires

12/31/24

(Cost

$0)

8,890

472

Malaysia

—

0.0%

Eco

World

Development

Group

Bhd*

,

expires

4/12/29

(Cost

$0)

106,640

13,569

Thailand

—

0.0%

Nusasiri

PCL*

,

expires

4/7/25

(Cost

$0)

1,291,580

2,290

TOTAL

WARRANTS

(Cost

$0)

16,331

EXCHANGE-TRADED

FUNDS

—

0.1%

Vanguard

Global

ex-U.S.

Real

Estate

ETF

(Cost

$933,583)

22,500

1,003,050

SECURITIES

LENDING

COLLATERAL

—

6.0%

DWS

Government

&

Agency

Securities

Portfolio

“DWS

Government

Cash

Institutional

Shares",

5.21%

(d)(e)

(Cost

$45,201,417)

45,201,417

45,201,417

CASH

EQUIVALENTS

—

0.1%

DWS

Government

Money

Market

Series

"Institutional

Shares",

5.24%

(d)

(Cost

$1,120,243)

1,120,243

1,120,243

TOTAL

INVESTMENTS

—

105.0%

(Cost

$825,380,254)  

802,922,375

Other

assets

and

liabilities,

net

—

(5.0%)

(37,924,684)

NET

ASSETS

—

100.0%

764,997,691

DBX

ETF

Trust

|

7

Schedule

of

Investments

Xtrackers

International

Real

Estate

ETF

(Continued)

August

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.

A

summary

of

the

Fund’s

transactions

with

affiliated

investments

during

the

period ended

August

31,

2024

is

as

follows:

Securities

are

listed

in

country

of domicile.

 *(a)

 (b)

 (c)

Value

($)

at

5/31/2024

Purchases

Cost

($)

Sales

Proceeds

($)

Net

Realized

Gain/(Loss)

($)

Net

Change

in

Unrealized

Appreciation

(Depreciation)

($)

Income

($)

Capital

Gain

Distributions

($)

Number

of

Shares

at

8/31/2024

Value

($)

at

8/31/2024

SECURITIES

LENDING

COLLATERAL

—

6.0%

DWS

Government

&

Agency

Securities

Portfolio

“DWS

Government

Cash

Institutional

Shares",

5.21% (d)(e)

31,483,119

13,718,298 (f)

—

—

—

115,707

—

45,201,417

45,201,417

CASH

EQUIVALENTS

—

0.1%

DWS

Government

Money

Market

Series

"Institutional

Shares",

5.24% (d)

1,564,194

18,099,199

(18,543,150)

—

—

21,960

—

1,120,243

1,120,243

33,047,313

31,817,497

(18,543,150)

—

—

137,667

—

46,321,660

46,321,660

*

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

August

31,

2024

amounted

to

$42,037,940,

which

is

5.5%

of

net

assets.

(b)

Stapled

Security

-

A

security

contractually

bound

to

one

or

more

other

securities

to

form

a

single

saleable

unit

which

cannot

be

sold

separately.

(c)

Investment

was

valued

using

significant

unobservable

inputs.

(d)

Affiliated

fund

managed

by

DWS

Investment

Management

Americas,

Inc.

The

rate

shown

is

the

annualized

seven-day

yield

at

period

end.

(e)

Represents

cash

collateral

held

in

connection

with

securities

lending.

Income

earned

by

the

Fund

is

net

of

borrower

rebates.

(f)

Represents

the

net

increase

(purchase

cost)

or

decrease

(sales

proceeds)

in

the

amount

invested

in

cash

collateral

for

the

period

ended

August

31,

2024.

CVA:

Credit

Valuation

Adjustment

NVDR:

Non

Voting

Depositary

Receipt

PJSC:

Public

Joint

Stock

Company

REIT:

Real

Estate

Investment

Trust

144A:

Security

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933.

These

securities

may

be

resold

in

transactions

exempt

from

registration,

normally

to

qualified

institutional

buyers.

8

|

DBX

ETF

Trust

Schedule

of

Investments

Xtrackers

International

Real

Estate

ETF

(Continued)

August

31,

2024

(Unaudited)

At

August

31,

2024 the

Xtrackers

International

Real

Estate

ETF had

the

following

sector

diversification:

At

August

31,

2024,

open

futures

contracts

purchased

were

as

follows:

Currency

Abbreviations

Sector

Diversification

Market

Value

$

As

a

%

of

Total

Investments

excluding

Exchange-Traded

Funds,

Securities

Lending

Collateral

and

Cash

Equivalents

Real

Estate

Operations/Development

246,499,109

32

.6

Diversified

106,417,938

14

.1

Real

Estate

Management/Services

100,794,644

13

.3

Warehouse/Industry

91,200,831

12

.1

Shopping

Centers

69,145,241

9

.2

Office

Property

39,588,915

5

.2

Apartments

28,316,468

3

.8

Regional

Malls

10,747,724

1

.4

Health

Care

10,269,194

1

.4

E-Commerce/Services

7,854,084

1

.0

Other

44,763,517

5

.9

Total

755,597,665

100

.0

Contract

Description

Currency

Number

of

Contracts

Notional

Amount

(

$

)

Contract

Value

(

$

)

Expiration

Date

Unrealized

Appreciation

(Depreciation)

(

$

)

†

CAC40

10

EURO

Futures

EUR

5

402,389

423,334

9/20/2024

20,945

EURO

STOXX

50

Futures

EUR

30

1,643,898

1,650,721

9/20/2024

6,823

MINI

S&P/TSX

60

Futures

CAD

2

96,357

104,018

9/19/2024

7,661

S&P

500

E-Mini

Futures

USD

8

2,218,923

2,264,400

9/20/2024

45,477

SPI

200

Futures

AUD

8

1,057,323

1,092,249

9/19/2024

34,926

TOPIX

Index

Futures

JPY

12

2,272,304

2,237,973

9/12/2024

(34,331)

Total

net

unrealized

appreciation

81,501

†

The

amount

represents

the

unrealized

appreciation

(depreciation)

of

the

Fund’s

derivative

instruments

subject

to

equity

contracts

risk

exposure

as

of

August

31,

2024.

AUD

Australian

Dollar

CAD

Canadian

Dollar

EUR

Euro

JPY

Japanese

Yen

USD

U.S.

Dollar

DBX

ETF

Trust

|

9

Schedule

of

Investments

Xtrackers

International

Real

Estate

ETF

(Continued)

August

31,

2024

(Unaudited)

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

August

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

(844)

851-

4255.

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

HAUZ-PH1

R-089711-2

(5/25)

DBX006037

(5/25) 

Assets

Level

1

Level

2

Level

3

Total

Common

Stocks

(a)

$

755,581,334

$

—

$

0

$

755,581,334

Warrants

(a)

16,331

—

—

16,331

Exchange-Traded

Funds

1,003,050

—

—

1,003,050

Short-Term

Investments

(a)

46,321,660

—

—

46,321,660

Derivatives

(b)

Futures

Contracts

115,832

—

—

115,832

TOTAL

$

803,038,207

$

—

$

0

$

803,038,207

Liabilities

Level

1

Level

2

Level

3

Total

Derivatives

(b)

Futures

Contracts

$

(34,331)

$

—

$

—

$

(34,331)

TOTAL

$

(34,331)

$

—

$

—

$

(34,331)

(a)

See

Schedule

of

Investments

for

additional

detailed

categorizations.

(b)

Derivatives

include

unrealized

appreciation

(depreciation)

on

open

futures

contracts.