DBX ETF Trust NPORT-P Xtrackers MSCI EAFE Hedged Equity ETF (Aug 2024 report)

DBX

ETF

Trust

|

1

Schedule

of

Investments

Xtrackers

MSCI

EAFE

Hedged

Equity

ETF

August

31,

2024

(Unaudited)

Number

of

Shares

Value

$

COMMON

STOCKS

—

97.6%

Australia

—

7.1%

Ampol

Ltd.

86,361

1,691,059

ANZ

Group

Holdings

Ltd.

1,085,604

22,337,659

APA

Group

(a)

459,328

2,359,703

Aristocrat

Leisure

Ltd.

204,561

7,574,992

ASX

Ltd.

70,787

2,933,185

BHP

Group

Ltd.

1,834,035

50,610,541

BlueScope

Steel

Ltd.

163,906

2,292,017

Brambles

Ltd.

502,016

6,194,366

CAR

Group

Ltd.

125,192

3,208,114

Cochlear

Ltd.

24,189

4,917,758

Coles

Group

Ltd.

486,516

6,187,519

Commonwealth

Bank

of

Australia

604,748

57,100,682

Computershare

Ltd.

197,702

3,804,351

CSL

Ltd.

174,579

36,295,209

Dexus

REIT

397,049

1,940,323

Endeavour

Group

Ltd.

578,041

2,089,260

Fortescue

Ltd.

609,891

7,541,946

Goodman

Group

REIT

615,597

13,916,679

GPT

Group

REIT

722,253

2,405,177

Insurance

Australia

Group

Ltd.

850,843

4,347,995

Lottery

Corp.

Ltd.

778,115

2,628,070

Macquarie

Group

Ltd.

130,594

19,061,863

Medibank

Pvt

Ltd.

971,459

2,538,075

Mineral

Resources

Ltd.

62,767

1,705,727

Mirvac

Group

REIT

1,453,333

2,006,726

National

Australia

Bank

Ltd.

1,115,828

28,827,837

Northern

Star

Resources

Ltd.

417,980

4,317,205

Orica

Ltd.

175,100

2,104,853

Origin

Energy

Ltd.

622,478

4,196,392

Pilbara

Minerals

Ltd.

(b)

1,092,402

2,195,996

Pro

Medicus

Ltd.

20,899

2,131,726

Qantas

Airways

Ltd.

*

301,909

1,371,170

QBE

Insurance

Group

Ltd.

540,179

5,773,145

Ramsay

Health

Care

Ltd.

63,886

1,796,674

REA

Group

Ltd.

19,208

2,847,206

Reece

Ltd.

82,892

1,533,924

Rio

Tinto

Ltd.

134,650

10,166,433

Santos

Ltd.

1,170,953

5,722,283

Scentre

Group

REIT

1,920,073

4,470,631

SEEK

Ltd.

132,290

2,063,909

Seven

Group

Holdings

Ltd.

73,105

2,032,685

Sonic

Healthcare

Ltd.

171,834

3,219,347

South32

Ltd.

1,592,910

3,385,428

Stockland

REIT

881,963

2,996,724

Suncorp

Group

Ltd.

456,035

5,454,154

Telstra

Group

Ltd.

1,474,294

3,921,654

Transurban

Group

(a)

1,123,131

10,300,596

Treasury

Wine

Estates

Ltd.

287,437

2,223,727

Vicinity

Ltd.

REIT

1,406,032

2,112,715

Number

of

Shares

Value

$

Washington

H

Soul

Pattinson

&

Co.

Ltd.

83,846

1,957,916

Wesfarmers

Ltd.

409,497

20,122,410

Westpac

Banking

Corp.

1,249,379

26,417,875

WiseTech

Global

Ltd.

60,180

4,841,914

Woodside

Energy

Group

Ltd.

685,908

12,623,149

Woolworths

Group

Ltd.

439,843

10,622,217

(Cost

$386,018,171)

459,440,891

Austria

—

0.2%

Erste

Group

Bank

AG

121,030

6,623,776

OMV

AG

53,833

2,343,387

Verbund

AG

24,673

2,104,154

voestalpine

AG

(b)

39,812

971,701

(Cost

$8,959,620)

12,043,018

Belgium

—

0.8%

Ageas

SA/NV

58,443

3,005,328

Anheuser-Busch

InBev

SA/NV

324,282

19,822,920

D'ieteren

Group

7,782

1,883,888

Elia

Group

SA/NV

10,928

1,197,110

Groupe

Bruxelles

Lambert

NV

31,214

2,406,652

KBC

Group

NV

82,371

6,404,664

Lotus

Bakeries

NV

150

1,886,919

Sofina

SA

5,838

1,419,732

Syensqo

SA

26,502

2,179,572

UCB

SA

45,666

8,263,448

Warehouses

De

Pauw

CVA

REIT

68,503

1,827,959

(Cost

$48,225,485)

50,298,192

Chile

—

0.0%

Antofagasta

PLC

(Cost

$2,284,545)

142,825

3,475,713

Denmark

—

3.7%

A.P.

Moller

—

Maersk

A/S,

Class

A

1,031

1,496,517

A.P.

Moller

—

Maersk

A/S,

Class

B

1,619

2,414,789

Carlsberg

AS,

Class

B

35,634

4,182,233

Coloplast

A/S,

Class

B

45,550

6,211,394

Danske

Bank

A/S

252,933

7,893,731

Demant

A/S

*

37,631

1,592,658

DSV

A/S

61,669

11,012,158

Genmab

A/S

*

22,574

6,267,303

Novo

Nordisk

A/S,

Class

B

1,164,899

161,940,658

Novonesis

(Novozymes)

B,

Class

B

126,873

8,799,005

Orsted

AS,

144A

*

69,092

3,999,249

Pandora

A/S

29,445

5,153,235

ROCKWOOL

A/S,

Class

B

3,590

1,555,573

Tryg

A/S

(b)

120,283

2,680,838

Vestas

Wind

Systems

A/S

*

363,850

8,352,035

Zealand

Pharma

A/S

*

23,039

3,026,641

(Cost

$120,971,877)

236,578,017

2

|

DBX

ETF

Trust

Schedule

of

Investments

Xtrackers

MSCI

EAFE

Hedged

Equity

ETF

(Continued)

August

31,

2024

(Unaudited)

Number

of

Shares

Value

$

Finland

—

1.0%

Elisa

OYJ

51,903

2,594,434

Fortum

OYJ

160,802

2,570,274

Kesko

OYJ,

Class

B

102,174

2,074,202

Kone

OYJ,

Class

B

122,860

6,627,504

Metso

Corp.

219,307

2,225,435

Neste

OYJ

152,453

3,564,232

Nokia

OYJ

1,941,430

8,537,017

Nordea

Bank

Abp

1,137,873

13,433,361

Orion

OYJ,

Class

B

39,595

2,099,567

Sampo

OYJ,

Class

A

163,777

7,315,793

Stora

Enso

OYJ,

Class

R

209,812

2,712,378

UPM-Kymmene

OYJ

191,830

6,484,458

Wartsila

OYJ

Abp

183,613

4,063,377

(Cost

$61,048,467)

64,302,032

France

—

10.8%

Accor

SA

69,248

2,914,136

Aeroports

de

Paris

SA

12,942

1,695,272

Air

Liquide

SA

209,207

39,017,769

Airbus

SE

214,823

32,964,954

Alstom

SA

*

127,003

2,593,690

Amundi

SA,

144A

22,771

1,711,633

Arkema

SA

19,797

1,841,506

AXA

SA

657,815

25,013,926

BioMerieux

15,040

1,740,661

BNP

Paribas

SA

367,853

25,446,585

Bollore

SE

258,087

1,698,899

Bouygues

SA

69,657

2,495,534

Bureau

Veritas

SA

114,764

3,785,508

Capgemini

SE

56,194

11,646,914

Carrefour

SA

194,186

3,129,645

Cie

de

Saint-Gobain

SA

163,837

14,321,823

Cie

Generale

des

Etablissements

Michelin

SCA

245,562

9,638,989

Covivio

SA

REIT

18,475

1,029,283

Credit

Agricole

SA

385,896

6,038,093

Danone

SA

233,477

16,207,775

Dassault

Aviation

SA

6,666

1,435,403

Dassault

Systemes

SE

241,964

9,436,240

Edenred

SE

89,095

3,763,137

Eiffage

SA

26,962

2,825,401

Engie

SA

661,233

11,643,672

EssilorLuxottica

SA

107,486

25,450,189

Eurazeo

SE

15,849

1,249,140

Gecina

SA

REIT

17,086

1,879,244

Getlink

SE

106,310

1,917,259

Hermes

International

SCA

11,451

27,455,074

Ipsen

SA

12,833

1,556,161

Kering

SA

27,268

7,806,794

Klepierre

SA

REIT

78,859

2,358,841

Number

of

Shares

Value

$

La

Francaise

des

Jeux

SAEM,

144A

38,647

1,575,529

Legrand

SA

94,634

10,586,377

L'Oreal

SA

86,992

38,137,452

LVMH

Moet

Hennessy

Louis

Vuitton

SE

99,455

74,130,927

Orange

SA

673,517

7,668,412

Pernod

Ricard

SA

72,946

10,385,729

Publicis

Groupe

SA

83,546

9,181,615

Renault

SA

69,142

3,282,651

Rexel

SA

80,369

2,029,104

Safran

SA

123,548

27,034,035

Sanofi

SA

412,401

46,133,869

Sartorius

Stedim

Biotech

10,564

2,148,651

Schneider

Electric

SE

197,763

50,214,101

SEB

SA

8,636

903,074

Societe

Generale

SA

265,581

6,408,707

Sodexo

SA

(b)

31,922

2,840,571

Teleperformance

SE

19,588

2,140,575

Thales

SA

34,516

5,799,409

TotalEnergies

SE

781,670

53,735,792

Unibail-Rodamco-Westfield

REIT

*

41,153

3,296,245

Veolia

Environnement

SA

252,684

8,362,751

Vinci

SA

180,823

21,617,220

Vivendi

SE

264,041

2,961,032

(Cost

$509,464,360)

694,282,978

Germany

—

8.2%

adidas

AG

58,927

15,112,001

Allianz

SE

141,741

44,011,572

BASF

SE

322,139

16,326,846

Bayer

AG

354,128

10,907,845

Bayerische

Motoren

Werke

AG

114,658

10,623,599

Bechtle

AG

29,916

1,287,713

Beiersdorf

AG

35,704

5,160,339

Brenntag

SE

46,635

3,465,215

Carl

Zeiss

Meditec

AG

14,932

1,095,162

Commerzbank

AG

362,624

5,363,303

Continental

AG

39,942

2,696,798

Covestro

AG,

144A

*

67,214

4,116,131

CTS

Eventim

AG

&

Co.

KGaA

22,732

2,133,364

Daimler

Truck

Holding

AG

178,257

6,829,593

Delivery

Hero

SE,

144A

*

66,959

2,108,730

Deutsche

Bank

AG

(c)

684,256

11,155,047

Deutsche

Boerse

AG

68,794

15,429,515

Deutsche

Lufthansa

AG

(b)

208,707

1,358,390

Deutsche

Post

AG

369,833

16,025,492

Deutsche

Telekom

AG

1,263,673

35,913,393

E.ON

SE

811,419

11,489,839

Evonik

Industries

AG

94,967

2,104,780

Fresenius

Medical

Care

AG

75,031

2,891,264

Fresenius

SE

&

Co.

KGaA

*

149,524

5,515,524

DBX

ETF

Trust

|

3

Schedule

of

Investments

Xtrackers

MSCI

EAFE

Hedged

Equity

ETF

(Continued)

August

31,

2024

(Unaudited)

Number

of

Shares

Value

$

GEA

Group

AG

55,356

2,594,479

Hannover

Rueck

SE

21,818

6,181,348

Heidelberg

Materials

AG

49,226

5,205,286

Henkel

AG

&

Co.

KGaA

36,646

3,044,214

Infineon

Technologies

AG

472,032

17,218,885

Knorr-Bremse

AG

26,562

2,183,038

LEG

Immobilien

SE

27,703

2,666,031

Mercedes-Benz

Group

AG

270,756

18,657,976

Merck

KGaA

46,724

9,082,430

MTU

Aero

Engines

AG

19,399

5,789,789

Muenchener

Rueckversicherungs-

Gesellschaft

AG

in

Muenchen

48,498

26,231,233

Nemetschek

SE

21,069

2,195,053

Puma

SE

37,507

1,620,681

Rational

AG

1,862

1,876,100

Rheinmetall

AG

15,744

9,432,657

RWE

AG

227,637

8,210,689

SAP

SE

377,876

82,588,497

Scout24

SE,

144A

26,710

2,040,195

Siemens

AG

274,796

51,614,837

Siemens

Energy

AG

*

227,458

6,549,808

Siemens

Healthineers

AG,

144A

101,420

5,894,729

Symrise

AG

48,866

6,430,664

Talanx

AG

24,008

2,066,019

Vonovia

SE

267,126

9,206,868

Zalando

SE,

144A

*

82,655

2,141,640

(Cost

$415,599,251)

523,844,601

Hong

Kong

—

1.8%

AIA

Group

Ltd.

4,027,840

28,641,890

BOC

Hong

Kong

Holdings

Ltd.

1,361,534

4,295,280

CK

Asset

Holdings

Ltd.

686,732

2,778,527

CK

Hutchison

Holdings

Ltd.

961,797

5,309,877

CK

Infrastructure

Holdings

Ltd.

215,289

1,598,558

CLP

Holdings

Ltd.

591,927

5,306,073

Futu

Holdings

Ltd.,

ADR

*

22,027

1,400,036

Galaxy

Entertainment

Group

Ltd.

800,990

3,102,144

Hang

Seng

Bank

Ltd.

274,989

3,325,484

Henderson

Land

Development

Co.

Ltd.

502,793

1,566,835

HKT

Trust

&

HKT

Ltd.

(a)

1,429,487

1,816,694

Hong

Kong

&

China

Gas

Co.

Ltd.

3,906,005

3,180,786

Hong

Kong

Exchanges

&

Clearing

Ltd.

439,293

13,543,055

Hongkong

Land

Holdings

Ltd.

384,300

1,441,125

Jardine

Matheson

Holdings

Ltd.

61,257

2,207,702

Link

REIT

912,934

4,320,099

MTR

Corp.

Ltd.

563,752

1,991,763

Power

Assets

Holdings

Ltd.

505,014

3,526,381

Prudential

PLC

981,622

8,405,358

Sino

Land

Co.

Ltd.

1,326,478

1,422,113

Number

of

Shares

Value

$

SITC

International

Holdings

Co.

Ltd.

528,125

1,242,121

Sun

Hung

Kai

Properties

Ltd.

516,304

5,061,869

Swire

Pacific

Ltd.,

Class

A

146,679

1,245,242

Techtronic

Industries

Co.

Ltd.

495,898

6,683,793

WH

Group

Ltd.,

144A

2,968,874

2,162,559

Wharf

Holdings

Ltd.

424,203

1,115,207

Wharf

Real

Estate

Investment

Co.

Ltd.

608,171

1,774,333

(Cost

$135,108,587)

118,464,904

Ireland

—

0.8%

AerCap

Holdings

NV

69,618

6,782,186

AIB

Group

PLC

656,301

3,950,214

Bank

of

Ireland

Group

PLC

363,537

4,167,226

DCC

PLC

36,310

2,553,583

Experian

PLC

331,503

16,038,782

James

Hardie

Industries

PLC

CDI

*

155,441

5,794,983

Kerry

Group

PLC,

Class

A

55,563

5,576,878

Kingspan

Group

PLC

55,447

4,823,613

(Cost

$32,687,946)

49,687,465

Israel

—

0.8%

Azrieli

Group

Ltd.

15,762

1,070,579

Bank

Hapoalim

BM

459,175

4,555,701

Bank

Leumi

Le-Israel

BM

561,753

5,394,238

Check

Point

Software

Technologies

Ltd.

*

31,941

6,148,642

CyberArk

Software

Ltd.

*

15,715

4,506,119

Elbit

Systems

Ltd.

9,188

1,887,096

Global-e

Online

Ltd.

*

35,988

1,238,707

ICL

Group

Ltd.

264,949

1,202,873

Israel

Discount

Bank

Ltd.,

Class

A

447,995

2,472,470

Mizrahi

Tefahot

Bank

Ltd.

58,925

2,244,191

Monday.com

Ltd.

*

13,426

3,569,839

Nice

Ltd.

*

23,330

4,155,910

Teva

Pharmaceutical

Industries

Ltd.,

ADR

*

402,683

7,598,628

Wix.com

Ltd.

*

18,963

3,159,615

(Cost

$37,197,401)

49,204,608

Italy

—

2.5%

Amplifon

SpA

45,011

1,449,368

Banco

BPM

SpA

462,794

3,143,103

Davide

Campari-Milano

NV

209,578

1,933,035

DiaSorin

SpA

8,596

988,210

Enel

SpA

2,945,939

22,352,221

Eni

SpA

834,635

13,538,320

Ferrari

NV

45,642

22,562,443

FinecoBank

Banca

Fineco

SpA

218,724

3,734,255

Generali

368,839

10,143,944

Infrastrutture

Wireless

Italiane

SpA,

144A

117,034

1,399,777

4

|

DBX

ETF

Trust

Schedule

of

Investments

Xtrackers

MSCI

EAFE

Hedged

Equity

ETF

(Continued)

August

31,

2024

(Unaudited)

Number

of

Shares

Value

$

Intesa

Sanpaolo

SpA

5,299,719

22,053,615

Leonardo

SpA

146,475

3,717,535

Mediobanca

Banca

di

Credito

Finanziario

SpA

179,537

3,033,466

Moncler

SpA

78,721

4,822,550

Nexi

SpA,

144A

*

217,618

1,518,865

Poste

Italiane

SpA,

144A

164,649

2,284,139

Prysmian

SpA

99,195

6,951,823

Recordati

Industria

Chimica

e

Farmaceutica

SpA

36,667

2,148,181

Snam

SpA

726,631

3,600,827

Telecom

Italia

SpA

*

(b)

3,553,237

939,518

Terna

-

Rete

Elettrica

Nazionale

520,415

4,522,749

UniCredit

SpA

533,047

22,025,433

(Cost

$106,643,000)

158,863,377

Japan

—

22.3%

Advantest

Corp.

277,000

12,583,330

Aeon

Co.

Ltd.

(b)

239,500

5,978,080

AGC,

Inc.

69,500

2,184,028

Aisin

Corp.

66,054

2,297,138

Ajinomoto

Co.,

Inc.

166,547

6,376,384

ANA

Holdings,

Inc.

53,000

1,067,867

Asahi

Group

Holdings

Ltd.

175,765

6,524,910

Asahi

Kasei

Corp.

460,800

3,252,928

Asics

Corp.

246,200

4,842,657

Astellas

Pharma,

Inc.

650,332

8,082,996

Bandai

Namco

Holdings,

Inc.

218,700

4,677,987

Bridgestone

Corp.

205,576

7,990,169

Brother

Industries

Ltd.

84,700

1,564,624

Canon,

Inc.

337,386

11,578,532

Capcom

Co.

Ltd.

130,600

2,834,625

Central

Japan

Railway

Co.

284,270

6,572,492

Chiba

Bank

Ltd.

198,000

1,659,142

Chubu

Electric

Power

Co.,

Inc.

238,500

2,967,587

Chugai

Pharmaceutical

Co.

Ltd.

242,900

12,268,784

Concordia

Financial

Group

Ltd.

393,715

2,211,095

Dai

Nippon

Printing

Co.

Ltd.

69,100

2,481,058

Daifuku

Co.

Ltd.

115,563

2,219,720

Dai-ichi

Life

Holdings,

Inc.

331,238

9,464,267

Daiichi

Sankyo

Co.

Ltd.

668,593

27,934,647

Daikin

Industries

Ltd.

95,088

12,039,667

Daito

Trust

Construction

Co.

Ltd.

20,213

2,488,775

Daiwa

House

Industry

Co.

Ltd.

201,036

6,173,135

Daiwa

Securities

Group,

Inc.

493,887

3,628,392

Denso

Corp.

680,012

10,421,827

Dentsu

Group,

Inc.

74,300

2,275,403

Disco

Corp.

33,300

9,717,340

East

Japan

Railway

Co.

323,659

6,202,413

Eisai

Co.

Ltd.

94,152

3,940,872

ENEOS

Holdings,

Inc.

1,033,528

5,581,574

FANUC

Corp.

340,585

9,987,604

Number

of

Shares

Value

$

Fast

Retailing

Co.

Ltd.

68,851

21,970,717

Fuji

Electric

Co.

Ltd.

50,000

2,981,052

FUJIFILM

Holdings

Corp.

403,462

10,777,202

Fujitsu

Ltd.

598,320

10,958,354

Hamamatsu

Photonics

KK

54,400

1,445,308

Hankyu

Hanshin

Holdings,

Inc.

82,840

2,533,536

Hikari

Tsushin,

Inc.

6,200

1,300,308

Hitachi

Construction

Machinery

Co.

Ltd.

42,200

1,024,762

Hitachi

Ltd.

1,676,005

40,951,432

Honda

Motor

Co.

Ltd.

1,616,797

17,562,580

Hoshizaki

Corp.

38,300

1,230,557

Hoya

Corp.

126,674

17,845,619

Hulic

Co.

Ltd.

144,900

1,493,206

Ibiden

Co.

Ltd.

41,700

1,440,774

Idemitsu

Kosan

Co.

Ltd.

355,920

2,578,284

Inpex

Corp.

339,817

5,042,978

Isuzu

Motors

Ltd.

215,800

3,240,912

ITOCHU

Corp.

429,654

22,648,018

Japan

Airlines

Co.

Ltd.

(b)

54,373

913,097

Japan

Exchange

Group,

Inc.

177,878

4,098,044

Japan

Post

Bank

Co.

Ltd.

521,558

4,866,305

Japan

Post

Holdings

Co.

Ltd.

691,313

6,712,626

Japan

Post

Insurance

Co.

Ltd.

66,700

1,252,422

Japan

Real

Estate

Investment

Corp.

REIT

438

1,758,711

Japan

Tobacco,

Inc.

432,841

12,444,290

JFE

Holdings,

Inc.

213,185

2,938,421

Kajima

Corp.

139,600

2,538,659

Kansai

Electric

Power

Co.,

Inc.

250,967

4,437,716

Kao

Corp.

170,904

7,651,458

Kawasaki

Kisen

Kaisha

Ltd.

144,700

2,116,704

KDDI

Corp.

556,233

18,685,685

Keisei

Electric

Railway

Co.

Ltd.

45,028

1,417,155

Keyence

Corp.

70,270

33,459,845

Kikkoman

Corp.

246,510

2,770,476

Kirin

Holdings

Co.

Ltd.

278,123

4,190,204

Kobe

Bussan

Co.

Ltd.

57,600

1,672,563

Kokusai

Electric

Corp.

50,800

1,360,435

Komatsu

Ltd.

332,673

9,229,918

Konami

Group

Corp.

36,266

3,260,938

Kubota

Corp.

367,681

5,118,208

Kyocera

Corp.

462,200

5,667,238

Kyowa

Kirin

Co.

Ltd.

86,600

1,969,663

Lasertec

Corp.

29,100

5,589,493

LY

Corp.

961,500

2,628,850

M3,

Inc.

156,342

1,505,777

Makita

Corp.

87,300

2,907,611

Marubeni

Corp.

513,500

8,735,717

MatsukiyoCocokara

&

Co.

126,100

2,025,329

Mazda

Motor

Corp.

199,200

1,665,110

DBX

ETF

Trust

|

5

Schedule

of

Investments

Xtrackers

MSCI

EAFE

Hedged

Equity

ETF

(Continued)

August

31,

2024

(Unaudited)

Number

of

Shares

Value

$

McDonald's

Holdings

Co.

Japan

Ltd.

(b)

30,222

1,325,146

MEIJI

Holdings

Co.

Ltd.

84,380

2,092,906

MINEBEA

MITSUMI,

Inc.

137,020

2,867,119

Mitsubishi

Chemical

Group

Corp.

508,300

2,951,262

Mitsubishi

Corp.

1,208,275

24,902,747

Mitsubishi

Electric

Corp.

685,979

11,454,099

Mitsubishi

Estate

Co.

Ltd.

419,251

7,171,059

Mitsubishi

HC

Capital,

Inc.

288,100

2,066,303

Mitsubishi

Heavy

Industries

Ltd.

1,158,690

15,396,096

Mitsubishi

UFJ

Financial

Group,

Inc.

4,013,452

41,949,208

Mitsui

&

Co.

Ltd.

929,520

19,856,974

Mitsui

Chemicals,

Inc.

62,200

1,655,518

Mitsui

Fudosan

Co.

Ltd.

962,778

10,326,533

Mitsui

OSK

Lines

Ltd.

126,400

4,528,058

Mizuho

Financial

Group,

Inc.

869,558

17,897,941

MonotaRO

Co.

Ltd.

93,300

1,468,842

MS&AD

Insurance

Group

Holdings,

Inc.

464,963

10,638,903

Murata

Manufacturing

Co.

Ltd.

610,131

12,658,371

NEC

Corp.

89,259

7,854,963

Nexon

Co.

Ltd.

120,545

2,358,292

Nidec

Corp.

150,946

6,139,441

Nintendo

Co.

Ltd.

375,610

20,302,827

Nippon

Building

Fund,

Inc.

REIT

551

2,472,508

Nippon

Paint

Holdings

Co.

Ltd.

355,910

2,245,162

Nippon

Prologis

REIT,

Inc.

REIT

788

1,387,449

Nippon

Sanso

Holdings

Corp.

65,400

2,226,526

Nippon

Steel

Corp.

(b)

313,109

7,089,341

Nippon

Telegraph

&

Telephone

Corp.

10,750,550

11,449,898

Nippon

Yusen

KK

(b)

166,000

5,987,537

Nissan

Motor

Co.

Ltd.

(b)

879,942

2,561,155

Nissin

Foods

Holdings

Co.

Ltd.

73,400

1,912,447

Nitori

Holdings

Co.

Ltd.

28,901

4,293,931

Nitto

Denko

Corp.

50,624

4,195,292

Nomura

Holdings,

Inc.

1,089,654

6,322,960

Nomura

Real

Estate

Holdings,

Inc.

(b)

37,536

1,071,724

Nomura

Research

Institute

Ltd.

136,143

4,572,557

NTT

Data

Group

Corp.

227,034

3,436,803

Obayashi

Corp.

237,000

3,021,876

Obic

Co.

Ltd.

23,400

4,049,661

Olympus

Corp.

423,916

7,711,913

Omron

Corp.

65,592

2,703,724

Ono

Pharmaceutical

Co.

Ltd.

139,506

2,057,425

Oracle

Corp.

13,700

1,234,209

Oriental

Land

Co.

Ltd.

391,900

10,690,863

ORIX

Corp.

413,946

10,318,211

Osaka

Gas

Co.

Ltd.

138,300

3,400,029

Otsuka

Corp.

82,200

1,948,869

Number

of

Shares

Value

$

Otsuka

Holdings

Co.

Ltd.

151,167

8,845,219

Pan

Pacific

International

Holdings

Corp.

140,272

3,557,894

Panasonic

Holdings

Corp.

836,885

6,941,125

Rakuten

Group,

Inc.

*

540,686

3,822,416

Recruit

Holdings

Co.

Ltd.

536,753

33,217,076

Renesas

Electronics

Corp.

607,700

10,450,495

Resona

Holdings,

Inc.

766,325

5,401,860

Ricoh

Co.

Ltd.

202,900

2,109,638

Rohm

Co.

Ltd.

123,400

1,540,495

SBI

Holdings,

Inc.

95,925

2,341,203

SCREEN

Holdings

Co.

Ltd.

28,900

2,153,810

SCSK

Corp.

59,800

1,195,877

Secom

Co.

Ltd.

76,400

5,550,092

Seiko

Epson

Corp.

102,659

1,903,394

Sekisui

Chemical

Co.

Ltd.

139,200

2,109,567

Sekisui

House

Ltd.

210,651

5,409,288

Seven

&

i

Holdings

Co.

Ltd.

(b)

799,428

11,475,475

SG

Holdings

Co.

Ltd.

122,200

1,321,138

Shimadzu

Corp.

84,700

2,807,111

Shimano,

Inc.

27,794

5,209,355

Shin-Etsu

Chemical

Co.

Ltd.

651,020

28,598,744

Shionogi

&

Co.

Ltd.

90,595

4,218,347

Shiseido

Co.

Ltd.

147,457

3,289,262

Shizuoka

Financial

Group,

Inc.

161,900

1,436,933

SMC

Corp.

20,582

9,432,889

SoftBank

Corp.

1,030,300

14,363,167

SoftBank

Group

Corp.

371,928

21,383,507

Sompo

Holdings,

Inc.

339,205

7,958,637

Sony

Group

Corp.

451,416

43,847,782

Subaru

Corp.

220,234

4,158,670

SUMCO

Corp.

134,900

1,540,106

Sumitomo

Corp.

374,376

8,824,815

Sumitomo

Electric

Industries

Ltd.

254,400

4,191,274

Sumitomo

Metal

Mining

Co.

Ltd.

87,000

2,430,454

Sumitomo

Mitsui

Financial

Group,

Inc.

452,215

29,541,373

Sumitomo

Mitsui

Trust

Holdings,

Inc.

232,462

5,729,260

Sumitomo

Realty

&

Development

Co.

Ltd.

102,203

3,471,085

Suntory

Beverage

&

Food

Ltd.

48,700

1,782,235

Suzuki

Motor

Corp.

565,604

6,552,092

Sysmex

Corp.

179,521

3,462,954

T&D

Holdings,

Inc.

182,500

3,056,647

Taisei

Corp.

63,015

2,846,214

Takeda

Pharmaceutical

Co.

Ltd.

572,911

16,980,801

TDK

Corp.

140,372

9,455,114

Terumo

Corp.

482,488

8,876,472

TIS,

Inc.

77,800

1,938,747

Toho

Co.

Ltd.

39,300

1,505,707

Tokio

Marine

Holdings,

Inc.

679,250

25,582,807

6

|

DBX

ETF

Trust

Schedule

of

Investments

Xtrackers

MSCI

EAFE

Hedged

Equity

ETF

(Continued)

August

31,

2024

(Unaudited)

Number

of

Shares

Value

$

Tokyo

Electric

Power

Co.

Holdings,

Inc.

*

572,600

2,721,407

Tokyo

Electron

Ltd.

161,992

28,594,319

Tokyo

Gas

Co.

Ltd.

133,780

3,334,663

Tokyu

Corp.

190,710

2,325,334

TOPPAN

Holdings,

Inc.

84,089

2,521,117

Toray

Industries,

Inc.

508,943

2,612,428

TOTO

Ltd.

49,615

1,714,923

Toyota

Industries

Corp.

52,600

4,116,178

Toyota

Motor

Corp.

3,712,120

70,070,423

Toyota

Tsusho

Corp.

227,433

4,344,392

Trend

Micro,

Inc.

46,376

2,769,744

Unicharm

Corp.

144,200

5,009,863

West

Japan

Railway

Co.

160,412

3,049,353

Yakult

Honsha

Co.

Ltd.

91,358

1,922,899

Yamaha

Motor

Co.

Ltd.

297,122

2,575,098

Yaskawa

Electric

Corp.

(b)

89,220

2,941,654

Yokogawa

Electric

Corp.

86,244

2,411,693

Zensho

Holdings

Co.

Ltd.

34,600

1,799,228

ZOZO,

Inc.

52,897

1,680,011

(Cost

$1,058,155,015)

1,431,244,344

Jordan

—

0.0%

Hikma

Pharmaceuticals

PLC

(Cost

$1,768,314)

63,560

1,655,278

Luxembourg

—

0.1%

ArcelorMittal

SA

165,649

3,876,407

Eurofins

Scientific

SE

46,797

2,671,307

Tenaris

SA

171,081

2,491,564

(Cost

$8,950,247)

9,039,278

Macau

—

0.0%

Sands

China

Ltd.

*

(Cost

$3,059,613)

902,160

1,647,485

Netherlands

—

5.1%

ABN

AMRO

Bank

NV,

144A

162,545

2,783,202

Adyen

NV,

144A

*

7,858

11,544,009

Aegon

Ltd.

492,841

3,009,402

Akzo

Nobel

NV

61,822

3,943,107

Argenx

SE

*

21,475

11,111,980

ASM

International

NV

16,948

11,446,674

ASML

Holding

NV

144,534

129,731,579

ASR

Nederland

NV

58,148

2,844,250

BE

Semiconductor

Industries

NV

28,843

3,755,825

Euronext

NV,

144A

28,994

3,096,028

EXOR

NV

36,182

4,023,557

Ferrovial

SE

191,850

8,003,563

Heineken

Holding

NV

46,763

3,517,630

Heineken

NV

103,920

9,357,572

IMCD

NV

20,500

3,349,253

ING

Groep

NV

1,192,733

21,614,631

JDE

Peet's

NV

42,811

980,539

Number

of

Shares

Value

$

Koninklijke

Ahold

Delhaize

NV

338,381

11,617,885

Koninklijke

KPN

NV

1,416,819

5,783,801

Koninklijke

Philips

NV

*

288,518

8,678,029

NN

Group

NV

99,400

4,866,444

OCI

NV

40,430

1,278,619

Prosus

NV

*

512,282

18,987,260

QIAGEN

NV

*

81,158

3,720,360

Randstad

NV

38,139

1,836,019

Stellantis

NV

765,316

12,806,455

Universal

Music

Group

NV

296,862

7,754,218

Wolters

Kluwer

NV

89,886

15,316,348

(Cost

$208,835,064)

326,758,239

New

Zealand

—

0.3%

Auckland

International

Airport

Ltd.

495,440

2,349,259

Fisher

&

Paykel

Healthcare

Corp.

Ltd.

214,845

4,781,449

Mercury

NZ

Ltd.

282,980

1,105,656

Meridian

Energy

Ltd.

477,755

1,893,559

Spark

New

Zealand

Ltd.

643,473

1,444,139

Xero

Ltd.

*

51,921

5,019,790

(Cost

$12,838,172)

16,593,852

Norway

—

0.6%

Aker

BP

ASA

112,417

2,691,271

DNB

Bank

ASA

319,905

6,759,672

Equinor

ASA

301,907

8,013,353

Gjensidige

Forsikring

ASA

74,846

1,326,044

Kongsberg

Gruppen

ASA

32,142

3,400,388

Mowi

ASA

175,448

3,055,470

Norsk

Hydro

ASA

503,282

2,818,776

Orkla

ASA

259,178

2,302,034

Salmar

ASA

(b)

24,124

1,253,325

Telenor

ASA

215,087

2,666,875

Yara

International

ASA

(b)

61,108

1,779,254

(Cost

$34,187,148)

36,066,462

Poland

—

0.0%

InPost

SA

*

(Cost

$1,264,747)

70,928

1,306,208

Portugal

—

0.2%

EDP

SA

1,127,428

4,730,801

Galp

Energia

SGPS

SA

167,000

3,463,131

Jeronimo

Martins

SGPS

SA

104,566

1,934,932

(Cost

$8,718,189)

10,128,864

Singapore

—

1.3%

CapitaLand

Ascendas

REIT

1,400,999

3,091,978

CapitaLand

Integrated

Commercial

Trust

REIT

1,872,034

3,041,275

CapitaLand

Investment

Ltd.

802,700

1,666,973

DBS

Group

Holdings

Ltd.

720,145

20,065,499

Genting

Singapore

Ltd.

2,118,878

1,307,097

Grab

Holdings

Ltd.,

Class

A

*

748,402

2,409,854

DBX

ETF

Trust

|

7

Schedule

of

Investments

Xtrackers

MSCI

EAFE

Hedged

Equity

ETF

(Continued)

August

31,

2024

(Unaudited)

Number

of

Shares

Value

$

Keppel

Ltd.

532,600

2,518,213

Oversea-Chinese

Banking

Corp.

Ltd.

1,224,987

13,658,424

Sea

Ltd.,

ADR

*

133,847

10,481,559

Sembcorp

Industries

Ltd.

350,700

1,324,917

Singapore

Airlines

Ltd.

(b)

530,750

2,554,205

Singapore

Exchange

Ltd.

317,700

2,636,646

Singapore

Technologies

Engineering

Ltd.

560,800

1,912,380

Singapore

Telecommunications

Ltd.

2,679,789

6,427,633

United

Overseas

Bank

Ltd.

455,954

10,967,774

Wilmar

International

Ltd.

710,366

1,709,299

(Cost

$73,348,209)

85,773,726

Spain

—

2.5%

Acciona

SA

8,477

1,146,010

ACS

Actividades

de

Construccion

y

Servicios

SA

66,279

3,012,650

Aena

SME

SA,

144A

27,344

5,519,281

Amadeus

IT

Group

SA

162,958

10,977,357

Banco

Bilbao

Vizcaya

Argentaria

SA

2,084,604

22,098,451

Banco

de

Sabadell

SA

1,962,992

4,216,101

Banco

Santander

SA

5,606,539

27,863,829

CaixaBank

SA

1,316,216

7,944,004

Cellnex

Telecom

SA,

144A

*

191,048

7,376,676

EDP

Renovaveis

SA

109,563

1,752,476

Endesa

SA

110,047

2,323,439

Grifols

SA

*

107,001

1,185,155

Iberdrola

SA

2,204,392

31,238,955

Industria

de

Diseno

Textil

SA

394,264

21,346,445

Redeia

Corp.

SA

(b)

143,937

2,733,476

Repsol

SA

438,807

6,041,391

Telefonica

SA

1,432,851

6,484,381

(Cost

$135,165,158)

163,260,077

Sweden

—

3.2%

AddTech

AB,

Class

B

93,020

2,942,375

Alfa

Laval

AB

103,709

4,644,998

Assa

Abloy

AB,

Class

B

361,020

11,641,156

Atlas

Copco

AB,

Class

A

969,861

17,582,402

Atlas

Copco

AB,

Class

B

565,175

8,982,739

Beijer

Ref

AB

128,806

2,216,554

Boliden

AB

100,363

3,069,085

Epiroc

AB,

Class

A

232,159

4,472,162

Epiroc

AB,

Class

B

145,266

2,579,030

EQT

AB

134,441

4,488,262

Essity

AB,

Class

B

218,368

6,626,621

Evolution

AB,

144A

64,732

6,723,348

Fastighets

AB

Balder,

Class

B

*

235,626

1,847,246

Getinge

AB,

Class

B

84,848

1,765,016

H

&

M

Hennes

&

Mauritz

AB,

Class

B

(b)

210,547

3,332,024

Number

of

Shares

Value

$

Hexagon

AB,

Class

B

744,966

7,617,833

Holmen

AB,

Class

B

29,076

1,189,861

Husqvarna

AB,

Class

B

123,814

833,449

Industrivarden

AB,

Class

A

46,695

1,678,950

Industrivarden

AB,

Class

C

55,142

1,978,371

Indutrade

AB

99,307

3,121,901

Investment

AB

Latour,

Class

B

51,926

1,560,582

Investor

AB,

Class

B

624,073

18,558,335

L

E

Lundbergforetagen

AB,

Class

B

27,339

1,498,983

Lifco

AB,

Class

B

85,058

2,841,286

Nibe

Industrier

AB,

Class

B

(b)

548,893

2,706,993

Saab

AB,

Class

B

121,182

2,860,137

Sagax

AB,

Class

B

82,678

2,178,830

Sandvik

AB

382,467

8,131,176

Securitas

AB,

Class

B

180,007

2,103,664

Skandinaviska

Enskilda

Banken

AB,

Class

A

569,955

8,770,076

Skanska

AB,

Class

B

123,888

2,501,118

SKF

AB,

Class

B

123,825

2,342,475

Svenska

Cellulosa

AB

SCA,

Class

B

220,589

3,062,364

Svenska

Handelsbanken

AB,

Class

A

521,486

5,378,291

Swedbank

AB,

Class

A

311,368

6,652,981

Swedish

Orphan

Biovitrum

AB

*

73,495

2,290,411

Tele2

AB,

Class

B

193,723

2,197,925

Telefonaktiebolaget

LM

Ericsson,

Class

B

999,320

7,447,066

Telia

Co.

AB

865,580

2,684,021

Trelleborg

AB,

Class

B

76,206

2,970,106

Volvo

AB,

Class

A

70,485

1,895,946

Volvo

AB,

Class

B

575,493

15,278,178

Volvo

Car

AB,

Class

B

*

269,761

771,857

(Cost

$160,394,567)

206,016,184

Switzerland

—

10.5%

ABB

Ltd.

571,407

32,689,280

Adecco

Group

AG

63,721

2,161,889

Alcon,

Inc.

180,371

17,463,130

Avolta

AG

*

36,366

1,408,351

Bachem

Holding

AG

12,670

1,209,541

Baloise

Holding

AG

15,359

2,965,016

Banque

Cantonale

Vaudoise

10,908

1,166,446

Barry

Callebaut

AG

1,318

2,133,484

BKW

AG

7,363

1,382,430

Chocoladefabriken

Lindt

&

Spruengli

AG

39

5,092,642

Chocoladefabriken

Lindt

&

Spruengli

AG

Participation

Certificates

349

4,606,529

Cie

Financiere

Richemont

SA,

Class

A

194,119

30,566,235

Clariant

AG

*

78,398

1,230,315

8

|

DBX

ETF

Trust

Schedule

of

Investments

Xtrackers

MSCI

EAFE

Hedged

Equity

ETF

(Continued)

August

31,

2024

(Unaudited)

Number

of

Shares

Value

$

Coca-Cola

HBC

AG

*

80,445

2,979,288

DSM-Firmenich

AG

68,089

9,257,670

EMS-Chemie

Holding

AG

2,485

2,079,969

Galderma

Group

AG

*

16,739

1,620,634

Geberit

AG

12,006

7,641,016

Givaudan

SA

3,333

17,079,640

Glencore

PLC

*

3,747,072

19,723,504

Helvetia

Holding

AG

13,898

2,195,755

Holcim

AG

*

188,494

18,120,969

Julius

Baer

Group

Ltd.

74,700

4,350,799

Kuehne

+

Nagel

International

AG

17,331

5,364,139

Logitech

International

SA

56,162

5,075,425

Lonza

Group

AG

26,107

17,063,760

Nestle

SA

947,301

101,433,253

Novartis

AG

713,353

85,698,028

Partners

Group

Holding

AG

8,190

11,764,002

Roche

Holding

AG

11,573

4,198,710

Roche

Holding

AG

254,142

85,865,046

Sandoz

Group

AG

147,912

6,490,345

Schindler

Holding

AG

8,335

2,250,318

Schindler

Holding

AG

Participation

Certificates

14,901

4,133,470

SGS

SA

57,142

6,361,883

SIG

Group

AG

*

108,480

2,289,431

Sika

AG

55,015

17,603,764

Sonova

Holding

AG

18,233

6,344,711

STMicroelectronics

NV

244,356

7,771,100

Straumann

Holding

AG

40,482

5,974,316

Swatch

Group

AG

—

Bearer

10,376

2,170,287

Swatch

Group

AG

—

Registered

20,579

857,004

Swiss

Life

Holding

AG

10,298

8,310,603

Swiss

Prime

Site

AG

28,306

3,183,405

Swiss

Re

AG

109,170

14,859,089

Swisscom

AG

9,309

5,875,276

Temenos

AG

21,972

1,527,610

UBS

Group

AG

1,189,513

36,340,983

VAT

Group

AG,

144A

9,956

5,120,597

Zurich

Insurance

Group

AG

52,949

30,608,951

(Cost

$493,245,090)

673,660,038

United

Kingdom

—

13.8%

3i

Group

PLC

351,754

14,685,674

Admiral

Group

PLC

94,967

3,639,337

Anglo

American

PLC

459,153

13,320,406

Ashtead

Group

PLC

157,619

11,173,925

Associated

British

Foods

PLC

120,217

3,931,240

AstraZeneca

PLC

560,841

97,770,060

Auto

Trader

Group

PLC,

144A

331,767

3,707,892

Aviva

PLC

962,060

6,375,492

BAE

Systems

PLC

1,096,449

19,626,760

Barclays

PLC

5,328,385

15,982,916

Barratt

Developments

PLC

509,682

3,395,024

Number

of

Shares

Value

$

Berkeley

Group

Holdings

PLC

38,758

2,536,902

BP

PLC

5,977,917

33,711,357

British

American

Tobacco

PLC

721,827

26,884,605

BT

Group

PLC

2,329,328

4,252,162

Bunzl

PLC

124,573

5,791,506

Centrica

PLC

1,882,937

3,183,811

Coca-Cola

Europacific

Partners

PLC

75,869

6,106,696

Compass

Group

PLC

614,675

19,366,008

Croda

International

PLC

48,854

2,635,052

Diageo

PLC

802,803

26,068,113

Endeavour

Mining

PLC

67,737

1,435,800

Entain

PLC

216,301

1,835,081

GSK

PLC

1,499,456

32,630,261

Haleon

PLC

2,642,465

13,256,746

Halma

PLC

136,183

4,660,812

Hargreaves

Lansdown

PLC

129,737

1,892,963

HSBC

Holdings

PLC

6,696,291

58,631,241

Imperial

Brands

PLC

292,477

8,373,606

Informa

PLC

496,601

5,439,237

InterContinental

Hotels

Group

PLC

58,010

5,777,840

Intertek

Group

PLC

57,676

3,749,425

J

Sainsbury

PLC

609,326

2,339,868

JD

Sports

Fashion

PLC

984,294

1,783,244

Kingfisher

PLC

682,231

2,546,360

Land

Securities

Group

PLC

REIT

263,643

2,179,597

Legal

&

General

Group

PLC

2,197,428

6,458,610

Lloyds

Banking

Group

PLC

22,530,717

17,309,925

London

Stock

Exchange

Group

PLC

172,990

23,286,766

M&G

PLC

811,455

2,284,828

Melrose

Industries

PLC

480,110

3,038,519

Mondi

PLC

159,320

3,079,941

National

Grid

PLC

1,738,888

22,804,864

NatWest

Group

PLC

2,400,729

10,883,742

Next

PLC

42,848

5,720,082

Pearson

PLC

225,194

3,123,094

Persimmon

PLC

116,400

2,513,154

Phoenix

Group

Holdings

PLC

245,984

1,826,854

Reckitt

Benckiser

Group

PLC

251,856

14,441,102

RELX

PLC

674,837

31,364,889

Rentokil

Initial

PLC

930,086

5,899,763

Rio

Tinto

PLC

407,587

25,533,069

Rolls-Royce

Holdings

PLC

*

3,073,133

20,034,451

Sage

Group

PLC

361,374

4,798,134

Schroders

PLC

299,599

1,347,220

Segro

PLC

REIT

463,248

5,300,242

Severn

Trent

PLC

97,724

3,299,648

Shell

PLC

2,280,001

80,277,930

Smith

&

Nephew

PLC

318,590

4,897,426

Smiths

Group

PLC

123,461

2,921,789

DBX

ETF

Trust

|

9

Schedule

of

Investments

Xtrackers

MSCI

EAFE

Hedged

Equity

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:

Number

of

Shares

Value

$

Spirax

Group

PLC

26,671

2,695,332

SSE

PLC

384,670

9,532,889

Standard

Chartered

PLC

782,173

8,006,220

Taylor

Wimpey

PLC

1,283,746

2,715,214

Tesco

PLC

2,498,928

11,607,886

Unilever

PLC

902,186

58,128,343

United

Utilities

Group

PLC

246,818

3,304,672

Vodafone

Group

PLC

8,136,776

7,952,549

Whitbread

PLC

67,948

2,574,464

Wise

PLC,

Class

A

*

243,128

2,249,470

WPP

PLC

390,730

3,716,204

(Cost

$750,631,916)

885,606,304

TOTAL

COMMON

STOCKS

(Cost

$4,814,770,159)

6,269,242,135

PREFERRED

STOCKS

—

0.4%

Germany

—

0.4%

Bayerische

Motoren

Werke

AG

22,013

1,902,855

Dr

Ing

hc

F

Porsche

AG,

144A

40,955

3,207,045

Henkel

AG

&

Co.

KGaA

61,300

5,607,904

Porsche

Automobil

Holding

SE

55,240

2,483,405

Number

of

Shares

Value

$

Sartorius

AG

9,376

2,584,840

Volkswagen

AG

75,301

8,005,808

(Cost

$29,537,298)

23,791,857

SECURITIES

LENDING

COLLATERAL

—

0.8%

DWS

Government

&

Agency

Securities

Portfolio

“DWS

Government

Cash

Institutional

Shares",

5.21%

(d)(e)

(Cost

$51,157,672)

51,157,672

51,157,672

CASH

EQUIVALENTS

—

1.1%

DWS

Government

Money

Market

Series

"Institutional

Shares",

5.24%

(d)

(Cost

$72,205,905)

72,205,905

72,205,905

TOTAL

INVESTMENTS

—

99.9%

(Cost

$4,967,671,034)  

6,416,397,569

Other

assets

and

liabilities,

net

—

0.1%

8,363,140

NET

ASSETS

—

100.0%

6,424,760,709

 *(a)

(b)

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

COMMON

STOCKS

—

0.2%

Germany

—

0.2%

Deutsche

Bank

AG (c)

11,115,151

716,168

(547,925)

(566,035)

437,688

—

—

684,256

11,155,047

SECURITIES

LENDING

COLLATERAL

—

0.8%

DWS

Government

&

Agency

Securities

Portfolio

“DWS

Government

Cash

Institutional

Shares",

5.21% (d)(e)

49,090,266

2,067,406 (f)

—

—

—

87,509

—

51,157,672

51,157,672

CASH

EQUIVALENTS

—

1.1%

DWS

ESG

Liquidity

Fund

“Capital

Shares”,

  (d)

12,467,188

—

(12,467,188)

(1,247)

1,247

27,407

—

—

—

DWS

Government

Money

Market

Series

"Institutional

Shares",

5.24% (d)

131,771,708

107,317,284

(166,883,087)

—

—

1,595,249

—

72,205,905

72,205,905

204,444,313

110,100,858

(179,898,200)

(567,282)

438,935

1,710,165

—

124,047,833

134,518,624

*

Non-income

producing

security.

(a)

Stapled

Security

-

A

security

contractually

bound

to

one

or

more

other

securities

to

form

a

single

saleable

unit

which

cannot

be

sold

separately.

(b)

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

$48,284,193,

which

is

0.8%

of

net

assets.

10

|

DBX

ETF

Trust

Schedule

of

Investments

Xtrackers

MSCI

EAFE

Hedged

Equity

ETF

(Continued)

August

31,

2024

(Unaudited)

Securities

are

listed

in

country

of domicile.

At

August

31,

2024 the

Xtrackers

MSCI

EAFE

Hedged

Equity

ETF had

the

following

sector

diversification:

At

August

31,

2024,

open

futures

contracts

purchased

were

as

follows:

(c)

Affiliated

issuer.

This

security

is

owned

in

proportion

with

its

representation

in

the

index.

(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.

ADR:

American

Depositary

Receipt

CDI:

Chess

Depositary

Interests

CVA:

Credit

Valuation

Adjustment

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.

Sector

Diversification

Market

Value

$

As

a

%

of

Total

Investments

excluding

Securities

Lending

Collateral

and

Cash

Equivalents

Financials

1,270,215,135

20

.2

Industrials

1,071,539,203

17

.0

Health

Care

895,734,538

14

.2

Consumer

Discretionary

690,448,813

11

.0

Information

Technology

561,616,385

8

.9

Consumer

Staples

547,292,016

8

.7

Materials

405,586,890

6

.5

Communication

Services

265,681,661

4

.2

Energy

243,111,054

3

.9

Utilities

208,840,432

3

.3

Real

Estate

132,967,865

2

.1

Total

6,293,033,992

100

.0

Contract

Description

Currency

Number

of

Contracts

Notional

Amount

(

$

)

Contract

Value

(

$

)

Expiration

Date

Unrealized

Appreciation

(Depreciation)

(

$

)

†

CAC40

10

EURO

Futures

EUR

120

9,664,645

10,146,250

9/20/2024

481,605

DAX

Index

Futures

EUR

8

4,048,272

4,189,689

9/20/2024

141,417

EURO

STOXX

50

Futures

EUR

305

16,582,308

16,759,585

9/20/2024

177,277

FTSE

100

Index

Futures

GBP

135

14,650,373

14,870,673

9/20/2024

220,300

FTSE/MIB

Index

Futures

EUR

5

921,123

952,192

9/20/2024

31,069

IBEX

35

Index

Futures

EUR

16

1,928,790

2,022,105

9/20/2024

93,315

MSCI

EAFE

Futures

USD

175

20,487,906

21,511,875

9/20/2024

1,023,969

MSCI

Singapore

Index

Futures

SGD

125

3,061,893

3,079,141

9/27/2024

17,248

OMXS30

Index

Futures

SGD

105

2,584,751

2,658,438

9/20/2024

73,687

SPI

200

Futures

AUD

65

8,535,013

8,852,948

9/19/2024

317,935

Swiss

Market

Index

Futures

CHF

30

4,290,778

4,393,153

9/20/2024

102,375

TOPIX

Index

Futures

JPY

115

21,736,820

21,361,413

9/12/2024

(375,407)

Total

net

unrealized

appreciation

2,304,790

DBX

ETF

Trust

|

11

Schedule

of

Investments

Xtrackers

MSCI

EAFE

Hedged

Equity

ETF

(Continued)

August

31,

2024

(Unaudited)

At

August

31,

2024,

the

Fund

had

the

following

forward

foreign

currency

contracts

outstanding:

†

The

amount

represents

the

unrealized

appreciation

(depreciation)

of

the

Fund’s

derivative

instruments

subject

to

equity

contracts

risk

exposure

as

of

August

31,

2024.

Settlement

Currency

To

Currency

To

Unrealized

Unrealized

Counterparty

Date

Deliver

Receive

Appreciation

(

$

)

β

Depreciation

(

$

)

β

JP

Morgan

&

Chase

Co.

9/3/2024

AUD

11,852,000

USD

7,745,697

—

(276,934)

JP

Morgan

&

Chase

Co.

9/3/2024

AUD

671,963,442

USD

439,158,348

—

(15,694,388)

RBC

Capital

Markets

9/3/2024

AUD

10,000,000

USD

6,535,432

—

(233,579)

RBC

Capital

Markets

9/3/2024

AUD

5,557,900

USD

3,625,569

—

(136,579)

RBC

Capital

Markets

9/3/2024

AUD

3,710,200

USD

2,422,777

—

(88,661)

RBC

Capital

Markets

9/3/2024

AUD

2,779,000

USD

1,863,304

—

(17,803)

RBC

Capital

Markets

9/3/2024

AUD

3,700,300

USD

2,421,818

—

(82,919)

RBC

Capital

Markets

9/3/2024

CHF

2,915,100

USD

3,431,547

1,006

—

RBC

Capital

Markets

9/3/2024

CHF

4,366,900

USD

5,083,448

—

(55,597)

RBC

Capital

Markets

9/3/2024

CHF

7,963,000

USD

9,077,468

—

(293,530)

RBC

Capital

Markets

9/3/2024

CHF

537,174,200

USD

612,361,123

—

(19,794,863)

RBC

Capital

Markets

9/3/2024

CHF

2,183,500

USD

2,563,891

—

(5,690)

RBC

Capital

Markets

9/3/2024

CHF

2,907,400

USD

3,323,755

—

(97,724)

Bank

of

America

9/3/2024

DKK

38,341,100

USD

5,570,082

—

(112,653)

Bank

of

America

9/3/2024

DKK

6,311,200

USD

939,933

4,518

—

Bank

of

America

9/3/2024

DKK

1,653,175,600

USD

240,168,463

—

(4,857,330)

Bank

of

America

9/3/2024

DKK

12,622,400

USD

1,850,077

—

(20,755)

Bank

of

America

9/3/2024

DKK

8,403,700

USD

1,220,900

—

(24,656)

Bank

of

America

9/3/2024

DKK

8,426,100

USD

1,236,017

—

(12,860)

Bank

of

America

9/3/2024

EUR

7,457,800

USD

8,286,742

41,753

—

Bank

of

America

9/3/2024

EUR

9,956,900

USD

10,896,373

—

(111,501)

Bank

of

America

9/3/2024

EUR

1,888,438,400

USD

2,046,515,802

—

(41,251,801)

Bank

of

America

9/3/2024

EUR

14,915,600

USD

16,310,820

—

(179,157)

Bank

of

America

9/3/2024

EUR

9,930,500

USD

10,763,033

—

(215,655)

RBC

Capital

Markets

9/3/2024

GBP

3,836,000

USD

4,932,815

—

(105,150)

RBC

Capital

Markets

9/3/2024

GBP

717,398,400

USD

921,747,899

—

(20,438,644)

RBC

Capital

Markets

9/3/2024

GBP

5,761,700

USD

7,312,772

—

(254,288)

RBC

Capital

Markets

9/3/2024

GBP

3,846,200

USD

4,883,634

—

(167,726)

RBC

Capital

Markets

9/3/2024

GBP

2,880,800

USD

3,769,781

—

(13,683)

RBC

Capital

Markets

9/3/2024

GBP

1,852,000

USD

2,379,498

—

(52,804)

JP

Morgan

&

Chase

Co.

9/3/2024

HKD

785,209,600

USD

100,609,853

—

(99,633)

JP

Morgan

&

Chase

Co.

9/3/2024

HKD

3,128,400

USD

401,346

104

—

JP

Morgan

&

Chase

Co.

9/3/2024

HKD

6,256,800

USD

803,078

592

—

JP

Morgan

&

Chase

Co.

9/3/2024

HKD

4,187,800

USD

536,482

—

(637)

JP

Morgan

&

Chase

Co.

9/3/2024

ILS

5,756,000

USD

1,533,310

—

(49,701)

JP

Morgan

&

Chase

Co.

9/3/2024

ILS

316,800

USD

85,292

—

(1,834)

JP

Morgan

&

Chase

Co.

9/3/2024

ILS

74,823,500

USD

19,934,859

—

(643,041)

Goldman

Sachs

&

Co.

9/3/2024

JPY

1,150,863,500

USD

7,983,642

107,821

—

Goldman

Sachs

&

Co.

9/3/2024

JPY

220,308,098,100

USD

1,471,179,485

—

(36,477,394)

Goldman

Sachs

&

Co.

9/3/2024

JPY

1,724,014,700

USD

11,781,191

—

(16,935)

Goldman

Sachs

&

Co.

9/3/2024

JPY

1,147,810,800

USD

7,698,260

—

(156,671)

Goldman

Sachs

&

Co.

9/3/2024

JPY

862,007,400

USD

5,898,581

—

(482)

Goldman

Sachs

&

Co.

9/3/2024

NOK

128,517,400

USD

11,762,853

—

(355,750)

Goldman

Sachs

&

Co.

9/3/2024

NOK

15,434,000

USD

1,412,529

—

(42,826)

JP

Morgan

&

Chase

Co.

9/3/2024

NOK

1,525,000

USD

143,815

15

—

12

|

DBX

ETF

Trust

Schedule

of

Investments

Xtrackers

MSCI

EAFE

Hedged

Equity

ETF

(Continued)

August

31,

2024

(Unaudited)

Settlement

Currency

To

Currency

To

Unrealized

Unrealized

Counterparty

Date

Deliver

Receive

Appreciation

(

$

)

β

Depreciation

(

$

)

β

JP

Morgan

&

Chase

Co.

9/3/2024

NOK

32,487,900

USD

2,973,530

—

(89,930)

RBC

Capital

Markets

9/3/2024

NOK

102,331,000

USD

9,366,082

—

(283,263)

RBC

Capital

Markets

9/3/2024

NOK

109,080,000

USD

9,983,768

—

(301,977)

JP

Morgan

&

Chase

Co.

9/3/2024

NZD

71,500

USD

43,877

—

(822)

JP

Morgan

&

Chase

Co.

9/3/2024

NZD

7,256,200

USD

4,309,980

—

(226,275)

JP

Morgan

&

Chase

Co.

9/3/2024

NZD

921,000

USD

547,040

—

(28,728)

RBC

Capital

Markets

9/3/2024

NZD

10,000,000

USD

5,939,749

—

(311,808)

Citibank

N.A.

9/3/2024

SEK

161,560,300

USD

15,098,712

—

(637,816)

Citibank

N.A.

9/3/2024

SEK

1,911,064,600

USD

178,599,662

—

(7,544,601)

Citibank

N.A.

9/3/2024

SEK

24,641,000

USD

2,302,812

—

(97,306)

RBC

Capital

Markets

9/3/2024

SEK

16,800,500

USD

1,603,344

—

(33,083)

RBC

Capital

Markets

9/3/2024

SEK

8,400,300

USD

819,763

1,545

—

RBC

Capital

Markets

9/3/2024

SEK

11,185,400

USD

1,046,144

—

(43,353)

RBC

Capital

Markets

9/3/2024

SEK

11,215,200

USD

1,065,911

—

(26,488)

Goldman

Sachs

&

Co.

9/3/2024

SGD

69,140,000

USD

51,772,423

—

(1,220,131)

Goldman

Sachs

&

Co.

9/3/2024

SGD

4,762,000

USD

3,565,639

—

(84,210)

JP

Morgan

&

Chase

Co.

9/3/2024

SGD

773,800

USD

583,517

—

(9,564)

JP

Morgan

&

Chase

Co.

9/3/2024

SGD

10,216,100

USD

7,649,759

—

(180,401)

JP

Morgan

&

Chase

Co.

9/3/2024

SGD

386,900

USD

295,140

—

(1,400)

RBC

Capital

Markets

9/3/2024

SGD

13,515,000

USD

10,120,108

—

(238,503)

RBC

Capital

Markets

9/3/2024

USD

481,438,388

AUD

709,562,842

—

(1,134,580)

RBC

Capital

Markets

9/3/2024

USD

657,092,463

CHF

557,510,100

—

(1,004,834)

Bank

of

America

9/3/2024

USD

16,826,675

DKK

115,823,000

340,057

—

RBC

Capital

Markets

9/3/2024

USD

239,138,263

DKK

1,611,457,100

—

(295,786)

Bank

of

America

9/3/2024

USD

2,107,782,446

EUR

1,904,221,200

—

(2,566,131)

Bank

of

America

9/3/2024

USD

28,694,844

EUR

26,478,000

577,972

—

RBC

Capital

Markets

9/3/2024

USD

966,729,575

GBP

735,575,100

—

(670,882)

RBC

Capital

Markets

9/3/2024

USD

102,402,774

HKD

798,782,600

47,560

—

JP

Morgan

&

Chase

Co.

9/3/2024

USD

22,300,841

ILS

80,896,300

—

(52,804)

Bank

of

America

9/3/2024

USD

1,511,618,519

JPY

220,099,214,500

—

(5,391,115)

Goldman

Sachs

&

Co.

9/3/2024

USD

34,015,071

JPY

5,093,580,000

842,345

—

Goldman

Sachs

&

Co.

9/3/2024

USD

16,801,448

NOK

177,964,300

—

(20,229)

RBC

Capital

Markets

9/3/2024

USD

19,959,121

NOK

211,411,000

—

(24,031)

JP

Morgan

&

Chase

Co.

9/3/2024

USD

5,154,035

NZD

8,248,700

2,686

—

RBC

Capital

Markets

9/3/2024

USD

6,256,500

NZD

10,000,000

—

(4,943)

JP

Morgan

&

Chase

Co.

9/3/2024

USD

209,443,335

SEK

2,144,867,300

—

(525,885)

Goldman

Sachs

&

Co.

9/3/2024

USD

56,697,227

SGD

73,902,000

—

(54,824)

RBC

Capital

Markets

9/3/2024

USD

19,096,858

SGD

24,891,800

—

(18,466)

RBC

Capital

Markets

10/2/2024

AUD

709,562,842

USD

481,788,203

1,140,234

—

RBC

Capital

Markets

10/2/2024

CHF

557,510,100

USD

659,335,189

991,055

—

RBC

Capital

Markets

10/2/2024

DKK

1,611,457,100

USD

239,544,400

305,101

—

Bank

of

America

10/2/2024

EUR

1,904,221,200

USD

2,110,579,747

2,551,440

—

RBC

Capital

Markets

10/2/2024

GBP

735,575,100

USD

966,994,382

681,517

—

Bank

of

America

10/2/2024

JPY

220,099,214,500

USD

1,518,008,323

5,393,639

—

Goldman

Sachs

&

Co.

10/2/2024

NOK

177,964,300

USD

16,811,498

19,982

—

RBC

Capital

Markets

10/2/2024

NOK

211,411,000

USD

19,971,060

23,737

—

JP

Morgan

&

Chase

Co.

10/2/2024

NZD

8,248,700

USD

5,161,199

4,017

—

RBC

Capital

Markets

10/2/2024

NZD

10,000,000

USD

6,256,985

4,869

—

JP

Morgan

&

Chase

Co.

10/2/2024

SEK

2,144,867,300

USD

209,763,896

524,118

—

Goldman

Sachs

&

Co.

10/2/2024

SGD

73,902,000

USD

56,796,575

55,051

—

RBC

Capital

Markets

10/2/2024

SGD

24,891,800

USD

19,130,321

18,542

—

DBX

ETF

Trust

|

13

Schedule

of

Investments

Xtrackers

MSCI

EAFE

Hedged

Equity

ETF

(Continued)

August

31,

2024

(Unaudited)

Currency

Abbreviations

Settlement

Currency

To

Currency

To

Unrealized

Unrealized

Counterparty

Date

Deliver

Receive

Appreciation

(

$

)

β

Depreciation

(

$

)

β

RBC

Capital

Markets

10/2/2024

USD

7,348,883

AUD

10,823,000

—

(17,534)

RBC

Capital

Markets

10/2/2024

USD

9,693,113

CHF

8,196,000

—

(14,744)

RBC

Capital

Markets

10/2/2024

USD

1,689,403

DKK

11,364,000

—

(2,287)

Bank

of

America

10/2/2024

USD

11,122,654

EUR

10,035,000

—

(13,616)

RBC

Capital

Markets

10/2/2024

USD

19,050,286

GBP

14,491,000

—

(13,698)

Bank

of

America

10/2/2024

USD

76,949,546

JPY

11,156,907,000

—

(274,573)

JP

Morgan

&

Chase

Co.

10/2/2024

USD

1,568,434

SEK

16,037,000

—

(3,965)

Goldman

Sachs

&

Co.

10/2/2024

USD

2,940,492

SGD

3,826,000

—

(2,911)

RBC

Capital

Markets

10/3/2024

HKD

798,782,600

USD

102,536,196

—

(46,550)

RBC

Capital

Markets

10/3/2024

HKD

35,864,000

USD

4,603,588

—

(2,206)

JP

Morgan

&

Chase

Co.

10/7/2024

ILS

3,761,000

USD

1,037,967

2,192

—

JP

Morgan

&

Chase

Co.

10/7/2024

ILS

80,896,300

USD

22,327,492

48,755

—

Total

unrealized

appreciation

(depreciation)

13,732,223

(165,958,087)

β

The

amount

represents

the

unrealized

appreciation

(depreciation)

of

the

Fund’s

derivative

instruments

subject

to

foreign

exchange

contracts

risk

exposure

as

of

August

31,

2024.

AUD

Australian

Dollar

CHF

Swiss

Franc

DKK

Danish

Krone

EUR

Euro

GBP

Pound

Sterling

HKD

Hong

Kong

Dollar

ILS

Israeli

Shekel

JPY

Japanese

Yen

NOK

Norwegian

Krone

NZD

New

Zealand

Dollar

SEK

Swedish

Krona

SGD

Singapore

Dollar

USD

U.S.

Dollar

14

|

DBX

ETF

Trust

Schedule

of

Investments

Xtrackers

MSCI

EAFE

Hedged

Equity

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

DBEF-PH1

R-089711-2

(5/25)

DBX006037

(5/25) 

Assets

Level

1

Level

2

Level

3

Total

Common

Stocks

(a)

$

6,269,242,135

$

—

$

—

$

6,269,242,135

Preferred

Stocks

23,791,857

—

—

23,791,857

Short-Term

Investments

(a)

123,363,577

—

—

123,363,577

Derivatives

(b)

Forward

Foreign

Currency

Contracts

—

13,732,223

—

13,732,223

Futures

Contracts

2,680,197

—

—

2,680,197

TOTAL

$

6,419,077,766

$

13,732,223

$

—

$

6,432,809,989

Liabilities

Level

1

Level

2

Level

3

Total

Derivatives

(b)

Forward

Foreign

Currency

Contracts

$

—

$

(165,958,087)

$

—

$

(165,958,087)

Futures

Contracts

(375,407)

—

—

(375,407)

TOTAL

$

(375,407)

$

(165,958,087)

$

—

$

(166,333,494)

(a)

See

Schedule

of

Investments

for

additional

detailed

categorizations.

(b)

Derivatives

include

unrealized

appreciation

(depreciation)

on

open

futures

contracts

and

forward

foreign

currency

contracts.