Dbx Etf Trust Etf Profile
| MIDE Etf | USD 33.15 0.13 0.39% |
Performance10 of 100
| Odds Of DistressLess than 9
|
DBX ETF is trading at 33.15 as of the 28th of November 2024, a 0.39 percent decrease since the beginning of the trading day. The etf's lowest day price was 33.14. DBX ETF has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for DBX ETF Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
The index seeks to target 75 percent of the float market capitalization of each Global Industry Classification Standard Industry Group within the SP MidCap 400 Index, using an ESG score as the defining characteristic. Xt SP is traded on NYSEARCA Exchange in the United States. More on DBX ETF Trust
Moving together with DBX Etf
| 0.98 | VO | Vanguard Mid Cap | PairCorr |
| 0.98 | VXF | Vanguard Extended Market | PairCorr |
| 1.0 | IJH | iShares Core SP | PairCorr |
| 0.99 | IWR | iShares Russell Mid Sell-off Trend | PairCorr |
| 1.0 | MDY | SPDR SP MIDCAP | PairCorr |
| 0.96 | FV | First Trust Dorsey | PairCorr |
Moving against DBX Etf
DBX Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Mid Cap ETFs, Size And Style ETFs, Mid-Cap Blend, Xtrackers (View all Sectors) |
| Issuer | DWS |
| Inception Date | 2021-02-24 |
| Benchmark | S&P MidCap 400 ESG Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 8.32 Million |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Mid Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | DBX Advisors LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | ALPS Distributors Inc. |
| Portfolio Manager | Bryan Richards, Patrick Dwyer, Shlomo Bassous |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Aug |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 276 |
| Market Maker | RBC Capital Markets |
| Total Expense | 0.15 |
| Management Fee | 0.15 |
| Country Name | USA |
| Returns Y T D | 20.46 |
| Name | DBX ETF Trust - Xtrackers SP MidCap 400 ESG ETF |
| Currency Code | USD |
| Open Figi | BBG00ZF1SK62 |
| In Threey Volatility | 20.75 |
| 1y Volatility | 16.78 |
| 200 Day M A | 29.6435 |
| 50 Day M A | 31.2718 |
| Code | MIDE |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.14 |
DBX ETF Trust [MIDE] is traded in USA and was established 2021-02-23. The fund is listed under Mid-Cap Blend category and is part of Xtrackers family. The entity is thematically classified as Mid Cap ETFs. DBX ETF Trust now have 10 M in assets. , while the total return for the last 3 years was 7.8%.
Check DBX ETF Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
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.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as DBX ETF Trust Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
DBX ETF Trust Currency Exposure
DBX ETF Trust holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of DBX ETF will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in DBX ETF Trust.
Top DBX ETF Trust Etf Constituents
| BRO | Brown Brown | Stock | Financials | |
| CDAY | Ceridian HCM Holding | Stock | Information Technology | |
| CGNX | Cognex | Stock | Information Technology | |
| CPT | Camden Property Trust | Stock | Real Estate | |
| CRL | Charles River Laboratories | Stock | Health Care | |
| FDS | FactSet Research Systems | Stock | Financials | |
| FICO | Fair Isaac | Stock | Information Technology | |
| GGG | Graco Inc | Stock | Industrials |
DBX ETF Trust Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in DBX ETF. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.1122 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0145 |
DBX ETF Against Markets
Check out Correlation Analysis 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 unemployment. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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.