For the first time since 2022, the Xtrackers Global ex-US Dynamic FX Hedged Model (TR) made a trade. After falling sufficiently out of favor, the model sold the Xtrackers MSCI Europe Hedged Equity ETF Total Return (DBEU.TR) and bought the Xtrackers MSCI EAFE High Dividend Yield Equity ETF Total Return (HDEF.TR). With the change, the model is still primarily tilted towards developed markets with mostly Europe and Japan equity exposure. DBEU had been in the model since January 2022 and returned 42.78% during its time in the model on a total return basis. Meanwhile, its benchmark, the iShares MSCI ACWI ex US ETF TR (ACWX.TR) gained 33.19%. Overall, the DBEU trade was productive for the model. Out of the eleven-fund universe, the model now holds the top four ranked funds based on matrix rankings. The biggest change for the model is that HDEF does not have a currency hedge like the other three holdings. This comes after a weak year for the US Dollar which has hampered currency-hedged exposure returns. While 75% of the model is still in currency-hedged exposure, it’s a change that brings some added diversity to the portfolio.

The table below is a review of important technical data on a select group of DWS Xtrackers ETFs. Significant changes within the past week are highlighted in Green if positive or Red if negative. This portfolio is designed to be used as a "radar" screen to bring your attention to potentially important technical changes that may require your attention and potential action. When evaluating the Fund Score, the strongest issues have scores of 4 or higher while those ETFs with scores below a 3 are no longer considered solid citizens.

The ETFs with the most relative strength buy signals (suggesting outperformance) versus the others in the group are listed at the top. These ETFs should be overweighted in the portfolio. Those ETFs with the least amount of relative strength buy signals versus the others in the group are listed at the bottom. These ETFs should be underweighted in the portfolio.

* - Dates prior to 9/6/2016, which is when the Xtrackers Global Model Portfolio became available in the DWS Weekly ETF Report, are representative of when the position was added to the backtested model.

* - Dates prior to 9/6/2016, which is when the Xtrackers All World Ex US Model Portfolio became available in the DWS Weekly ETF Report, are representative of when the position was added to the backtested model.

* - Dates prior to 9/6/2016, which is when the Xtrackers Developed Intl Equity Model Portfolio became available in the DWS Weekly ETF Report, are representative of when the position was added to the backtested model.