DBX ETF Trust NPORT-P Xtrackers S&P ESG Dividend Aristocrats ETF (Nov 2024 report)

DBX

ETF

Trust

|

1

Schedule

of

Investments

Xtrackers

S&P

ESG

Dividend

Aristocrats

ETF

November

31,

2024

(Unaudited)

Number

of

Shares

Value

$

COMMON

STOCKS

—

99.4%

Consumer

Discretionary

—

8.1%

Best

Buy

Co.,

Inc.

1,895

170,550

Genuine

Parts

Co.

525

66,533

Lowe's

Cos.,

Inc.

246

67,018

McDonald's

Corp.

188

55,650

NIKE,

Inc.,

Class

B

358

28,199

Polaris,

Inc.

1,014

69,966

(Cost

$455,201)

457,916

Consumer

Staples

—

18.3%

Archer-Daniels-Midland

Co.

1,200

65,520

Brown-Forman

Corp.,

Class

B

765

32,191

Church

&

Dwight

Co.,

Inc.

299

32,929

Coca-Cola

Co.

1,347

86,316

Colgate-Palmolive

Co.

807

77,980

Hormel

Foods

Corp.

2,837

92,004

J

M

Smucker

Co.

740

87,165

Kimberly-Clark

Corp.

800

111,480

McCormick

&

Co.,

Inc.

1,012

79,351

PepsiCo,

Inc.

428

69,957

Procter

&

Gamble

Co.

447

80,129

Sysco

Corp.

1,002

77,264

Target

Corp.

611

80,841

Walmart,

Inc.

632

58,460

(Cost

$1,027,762)

1,031,587

Energy

—

3.7%

Chevron

Corp.

657

106,388

Exxon

Mobil

Corp.

875

103,215

(Cost

$208,007)

209,603

Financials

—

9.3%

Aflac,

Inc.

703

80,142

Chubb

Ltd.

158

45,619

FactSet

Research

Systems,

Inc.

45

22,080

Franklin

Resources,

Inc.

4,214

95,911

Jack

Henry

&

Associates,

Inc.

192

33,826

S&P

Global,

Inc.

45

23,513

SEI

Investments

Co.

617

50,983

T.

Rowe

Price

Group,

Inc.

1,208

149,599

W.R.

Berkley

Corp.

333

21,495

(Cost

$435,759)

523,168

Health

Care

—

8.3%

Abbott

Laboratories

473

56,178

AbbVie,

Inc.

732

133,905

Becton

Dickinson

&

Co.

183

40,608

Cardinal

Health,

Inc.

501

61,242

Medtronic

PLC

1,117

96,665

Perrigo

Co.

PLC

2,533

72,292

West

Pharmaceutical

Services,

Inc.

19

6,188

Number

of

Shares

Value

$

(Cost

$423,763)

467,078

Industrials

—

17.5%

ABM

Industries,

Inc.

1,077

61,572

Automatic

Data

Processing,

Inc.

237

72,742

C.H.

Robinson

Worldwide,

Inc.

904

95,444

Carlisle

Cos.,

Inc.

91

41,560

Caterpillar,

Inc.

153

62,135

Cintas

Corp.

139

31,385

Donaldson

Co.,

Inc.

601

46,908

Dover

Corp.

238

49,004

Emerson

Electric

Co.

562

74,521

Expeditors

International

of

Washington,

Inc.

257

31,262

Illinois

Tool

Works,

Inc.

229

63,552

Lincoln

Electric

Holdings,

Inc.

148

32,335

MSA

Safety,

Inc.

179

31,112

Nordson

Corp.

112

29,231

Pentair

PLC

480

52,315

Republic

Services,

Inc.

179

39,076

Stanley

Black

&

Decker,

Inc.

966

86,409

Toro

Co.

463

40,318

Waste

Management,

Inc.

206

47,013

(Cost

$780,212)

987,894

Information

Technology

—

7.6%

Analog

Devices,

Inc.

243

52,986

Badger

Meter,

Inc.

94

20,381

International

Business

Machines

Corp.

568

129,169

Microchip

Technology,

Inc.

662

45,129

QUALCOMM,

Inc.

410

64,997

Roper

Technologies,

Inc.

26

14,728

Texas

Instruments,

Inc.

511

102,726

(Cost

$352,900)

430,116

Materials

—

8.7%

Air

Products

and

Chemicals,

Inc.

245

81,911

Albemarle

Corp.

310

33,387

AptarGroup,

Inc.

244

42,202

Ecolab,

Inc.

151

37,564

HB

Fuller

Co.

331

25,451

Linde

PLC

80

36,879

Nucor

Corp.

190

29,391

PPG

Industries,

Inc.

376

46,763

RPM

International,

Inc.

407

56,484

Sherwin-Williams

Co.

78

30,997

Sonoco

Products

Co.

1,089

56,497

Stepan

Co.

170

13,073

(Cost

$445,152)

490,599

Real

Estate

—

6.4%

Essex

Property

Trust,

Inc.

REIT

384

119,217

Federal

Realty

Investment

Trust

REIT

984

114,784

2

|

DBX

ETF

Trust

Schedule

of

Investments

Xtrackers

S&P

ESG

Dividend

Aristocrats

ETF

(Continued)

November

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

November

30,

2024

is

as

follows:

Number

of

Shares

Value

$

Realty

Income

Corp.

REIT

2,242

129,789

(Cost

$312,058)

363,790

Utilities

—

11.5%

California

Water

Service

Group

701

35,884

Edison

International

1,564

137,241

Eversource

Energy

1,925

124,143

NextEra

Energy,

Inc.

1,276

100,383

ONE

Gas,

Inc.

869

67,756

Spire,

Inc.

844

61,773

UGI

Corp.

4,138

125,671

(Cost

$550,932)

652,851

TOTAL

COMMON

STOCKS

(Cost

$4,991,746)

5,614,602

Number

of

Shares

Value

$

EXCHANGE-TRADED

FUNDS

—

0.4%

ProShares

S&P

500

Dividend

Aristocrats

ETF

100

10,847

Xtrackers

S&P

500

ESG

ETF

(a)

200

11,010

(Cost

$20,008)

21,857

CASH

EQUIVALENTS

—

0.0%

DWS

Government

Money

Market

Series

"Institutional

Shares",

4.59%

(b)

(Cost

$2,198)

2,198

2,198

TOTAL

INVESTMENTS

—

99.8%

(Cost

$5,013,952)  

5,638,657

Other

assets

and

liabilities,

net

—

0.2%

10,194

NET

ASSETS

—

100.0%

5,648,851

Value

($)

at

8/31/2024

Purchases

Cost

($)

Sales

Proceeds

($)

Net

Realized

Gain/(Loss)

($)

Net

Change

in

Unrealized

Appreciation

(Depreciation)

($)

Income

($)

Capital

Gain

Distributions

($)

Number

of

Shares

at

11/30/2024

Value

($)

at

11/30/2024

EXCHANGE-TRADED

FUNDS

—

0.2%

Xtrackers

S&P

500

ESG

ETF  (a)

—

10,633

—

—

377

—

—

200

11,010

CASH

EQUIVALENTS

—

0.0%

DWS

Government

Money

Market

Series

"Institutional

Shares",

4.59% (b)

2,341

56,082

(56,225)

—

—

55

—

2,198

2,198

2,341

66,715

(56,225)

—

377

55

—

2,398

13,208

(a)

Affiliated

fund

advised

by

DBX

Advisors

LLC

.

(b)

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

DBX

ETF

Trust

|

3

Schedule

of

Investments

Xtrackers

S&P

ESG

Dividend

Aristocrats

ETF

(Continued)

November

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

November

30,

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

SNPD-PH1

R-089711-2

(5/25)

DBX006037

(5/25) 

Assets

Level

1

Level

2

Level

3

Total

Common

Stocks

(a)

$

5,614,602

$

—

$

—

$

5,614,602

Exchange-Traded

Funds

21,857

—

—

21,857

Short-Term

Investments

(a)

2,198

—

—

2,198

TOTAL

$

5,638,657

$

—

$

—

$

5,638,657

(a)

See

Schedule

of

Investments

for

additional

detailed

categorizations.