Xtrackers MSCI Germany Hedged Equity ETF (DBGR)
Xtrackers MSCI Germany Hedged Equity ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $34.51, up 0.01% on the session, giving a market capitalisation of $8.5M. Its beta of 0.93 implies it has historically moved less than the broad market.
The Xtrackers MSCI Germany Hedged Equity ETF is a passively managed fund that aims to replicate the investment performance of an underlying index, before accounting for fees and expenses. This benchmark is specifically designed to track the German stock market while simultaneously minimizing the impact of exchange rate fluctuations between the U.S. dollar and the euro. To achieve this, the fund typically allocates a substantial portion of its assets – a minimum of 80%, though often more – to the securities included in its reference index. It is important to note that this fund is considered non-diversified.
Xtrackers MSCI Germany Hedged Equity ETF is most often compared with the following Financial Services names: