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DBBR Deutsche X-trackers MSCI Brazil Hedged Equity ETF

  • ETF
  • DBBR
    Pricing Data
    Change: $0.08 (-0.01%)
    Time: 05/23/16
    Previous Close: $9.41
  • Category
  • Latin America Equities
Last Updated:



Trading Data

Open: - Volume -
Day Lo - Day Hi -
  • 52 Week Lo: $7.02
  • 52 Week Hi: $11.12
  • AUM: $3.2 M
  • Shares: 0.4 M

Investment Themes

Historical Trading Data

  • 1 Month Avg. Volume: 6,500
  • 3 Month Avg. Volume: 4,559

Alternative ETFs in the Latin America Equities Category

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Type Ticker Expense Ratio Assets Avg. Daily Vol YTD Return
Largest (AUM)
Most Liquid (Volume)
Top YTD Performer

Analyst Report

This ETF offers exposure to large cap Brazilian equities, but is unique from many other ETFs covering this asset class in that DBBR hedges out the currency exposure that typically comes along with any investment in international equities. In addition to establishing a long position in Brazilian stocks, investors using a Brazil ETF such as EWZ are also effectively long the real and short the U.S. dollar. DBBR uses short term forward contracts to hedge out this currency exposure, essentially isolating movements in the local prices of the underlying stocks as the sole drivers of performance. The impact of exchange rate fluctuations can be considerable in some instances; though DBBR and EWZ maintain substantially identical portfolios, the risk/return profiles of these products may vary significantly. Investors expecting the dollar to appreciate relative to the Brazilian currency may find DBBR to be a preferred tool for establishing exposure to the country's stock markets; those with a more bearish take on the greenback may prefer to access this market through EWZ, which will benefit from dollar weakness. Those investors without a strong view in either direction might use a mix of both hedged and unhedged Brazilian equity ETFs. Given the relatively narrow focus of this fund, DBBR may be most appealing to those investors looking to establish a tactical tilt towards Brazil or implementing a country rotation strategy. Those seeking more broad-based, currency hedged exposure to emerging markets may prefer DBEM. When considering options for Brazil exposure, note that this ETF (along with EWZ) give substantial allocations to a few mega cap companies, and maintain heavy tilts towards a few sectors of the Brazilian economy. Those seeking more balanced access may prefer FBZ.

Realtime Rating

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Realtime Rating Summary

The adjacent table gives investors an individual Realtime Rating for DBBR on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Latin America Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.

Compare to another ETF

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DBBR Overall Realtime Rating:

A+ Overall Rated ETF:

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity B+ EWZ
Expenses B+ QMEX

Knowledge Centers

DBBR In-Depth Analysis

The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.

DBBR Holdings

Filings Data as of: May 03, 2016
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Asset Allocation

Asset Percentage
U.S. Stocks 0.0%
International Stocks 100.0%
U.S. Bonds 0.0%
International Bonds 0.0%
Preferred Stock 0.0%
Convertibles 0.0%
Cash 0.0%
Other 0.0%

Sector Breakdown

Sector Percentage
Financial Services 35.55%
Consumer Defensive 19.76%
Energy 11.06%
Basic Materials 9.49%
Utilities 5.29%
Consumer Cyclical 4.61%
Industrials 4.27%
Technology 3.9%
Communication Services 2.9%
Health Care 1.89%
Real Estate 1.28%

Market Cap Breakdown

Market Cap Percentage
Giant 58.4%
Large 27.21%
Medium 10.73%
Small 1.32%
Micro 0.0%

Region Breakdown

Region Percentage
Latin America 100.0%
Middle East 0.0%
Australia 0.0%
Japan 0.0%
Asia (Developed) 0.0%
Africa 0.0%
Europe 0.0%
Asia (Emerging) 0.0%
Canada 0.0%
U.S. 0.0%

Market Tier Breakdown

Region Percentage
Emerging 100.0%
Developed 0.0%

Country Breakdown

Country Percentage
Brazil 100.0%
Other 0.0%

DBBR Expenses & Fees

This section compares the cost efficiency of this ETF to peers in the same ETFdb Category.

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Expenses Ratio Analysis

ETF Average
ETF Wtd. Average
Category Average
Expense Ratio
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Commission Free Trading

This ETF is currently available for commission free trading on the following platforms: (E*TRADE)

Category Commission Free Trading

There are 8 other ETFs in the Latin America Equities ETFdb Category that are also eligible for commission free trading:

DBBR Performance

This section shows how this ETF has performed relative to its peer group ETFdb Category.

1 Week Return
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4 Week Return
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13 Week Return
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26 Week Return
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Year to Date Return
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1 Year Return
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3 Year Return
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5 Year Return
No Ranking Available
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The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.

The following chart also includes the option to compare the performance of DBBR relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.

DBBR Valuation

This section shows how the P/E multiple of this ETF compares to the peer group ETFdb Category.

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P/E Ratio
Category Low
Category High

DBBR Dividend

This section shows how the dividend yield of this ETF compares to the peer group ETFdb Category.

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Dividend Date
Annual Dividend Rate
Annual Dividend Yield
Category Low
Category High

DBBR Technicals

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Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETFdb Category.

5 Day Volatility
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20 Day Volatility
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50 Day Volatility
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200 Day Volatility
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Standard Deviation
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  • 20 Day MA: $9.77
  • 60 Day MA: $9.55
  • MACD 15 Period: -0.35
  • MACD 100 Period: 0.55
  • Williams % Range 10 Day: 74.55
  • Williams % Range 20 Day: 76.27
  • RSI 10 Day: 35
  • RSI 20 Day: 45
  • RSI 30 Day: 48
  • Ultimate Oscillator: 36

Bollinger Brands

  • Lower Bollinger (10 Day): $9.15
  • Upper Bollinger (10 Day): $10.17
  • Lower Bollinger (20 Day): $9.28
  • Upper Bollinger (20 Day): $10.29
  • Lower Bollinger (30 Day): $9.37
  • Upper Bollinger (30 Day): $10.34

Support & Resistance

  • Support Level 1: $9.13
  • Support Level 2: $8.92
  • Resistance Level 1: $9.46
  • Resistance Level 2: $9.58


  • Stochastic Oscillator %D (1 Day): 66.23
  • Stochastic Oscillator %D (5 Day): 26.31
  • Stochastic Oscillator %K (1 Day): 50.56
  • Stochastic Oscillator %K (5 Day): 25.17

Fact Sheet

Fact sheets are issued by the ETF provider and framed by Information contained within the fact sheet is not guaranteed to be timely or accurate.

2014 Morningstar, Inc. All Rights Reserved. The information contained herein: ( 1 ) is proprietary to Morningstar and/or its content providers; ( 2 ) may not be copied or distributed; and ( 3 ) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.