DBX ETF Ownership
| QARP Etf | USD 52.44 0.48 0.92% |
DBX |
DBX Etf Ownership Analysis
DBX ETF is is formed as Regulated Investment Company in the United States. ETF is managed and operated by The Bank of New York Mellon Corporation. The fund has 354 constituents with avarage daily trading value of 5.4 K. The fund charges 0.19 percent management fee with a total expences of 0.19 percent of total asset. The fund created five year return of 14.0%. DBX ETF Trust maintains 99.97% of assets in stocks. This fund last dividend was 0.121 per share. The fund will invest at least 80 percent of its total assets in component securities of the underlying index. Xt Russell is traded on NYSEARCA Exchange in the United States. To find out more about DBX ETF Trust contact the company at NA.Sector Exposure (%)
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on DBX Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding DBX ETF , and the less return is expected.
Currency Exposure (%)
Investment Allocations (%)
Top Etf Constituents
| GILD | Gilead Sciences | Stock | |
| HD | Home Depot | Stock | |
| XOM | Exxon Mobil Corp | Stock | |
| V | Visa Class A | Stock | |
| UNH | UnitedHealth Group Incorporated | Stock | |
| PG | Procter Gamble | Stock | |
| MSFT | Microsoft | Stock | |
| MA | Mastercard | Stock | |
| JNJ | Johnson Johnson | Stock | |
| INTC | Intel | Stock | |
| AAPL | Apple Inc | Stock | |
| GOOGL | Alphabet Inc Class A | Stock | |
| GOOG | Alphabet Inc Class C | Stock | |
| CVX | Chevron Corp | Stock | |
| CSCO | Cisco Systems | Stock | |
| BA | The Boeing | Stock | |
| AMZN | Amazon Inc | Stock | |
| T | ATT Inc | Stock | |
| WMT | Walmart | Stock |
Institutional Etf Holders for DBX ETF
| ACRIX | Horizon Active Risk | Mutual Fund | |
| ARAAX | Horizon Active Risk | Mutual Fund | |
| ARANX | Horizon Active Risk | Mutual Fund |
DBX ETF Outstanding Bonds
DBX ETF issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. DBX ETF Trust uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most DBX bonds can be classified according to their maturity, which is the date when DBX ETF Trust has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Pair Trading with DBX ETF
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if DBX ETF position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in DBX ETF will appreciate offsetting losses from the drop in the long position's value.Moving together with DBX Etf
| 0.9 | VTI | Vanguard Total Stock | PairCorr |
| 0.88 | SPY | SPDR SP 500 | PairCorr |
| 0.93 | IVV | iShares Core SP | PairCorr |
| 0.87 | VIG | Vanguard Dividend | PairCorr |
| 0.88 | VV | Vanguard Large Cap | PairCorr |
The ability to find closely correlated positions to DBX ETF could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace DBX ETF when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back DBX ETF - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling DBX ETF Trust to buy it.
The correlation of DBX ETF is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as DBX ETF moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if DBX ETF Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for DBX ETF can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in DBX ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
The market value of DBX ETF Trust is measured differently than its book value, which is the value of DBX that is recorded on the company's balance sheet. Investors also form their own opinion of DBX ETF's value that differs from its market value or its book value, called intrinsic value, which is DBX ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because DBX ETF's market value can be influenced by many factors that don't directly affect DBX ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between DBX ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if DBX ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DBX ETF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.