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HAWXvsDBAWETF Comparison

ETF 1

HAWX

iShares Currency Hedged MSCI ACWI ex U.S. ETF

This fund is part of

Global Blended Cap

-0.15%

Full HAWX fund page

VS

ETF 2

DBAW

Xtrackers MSCI All World ex US Hedged Equity ETF

This fund is part of

Global Blended Cap

-0.15%

Full DBAW fund page

The ETFs iShares Currency Hedged MSCI ACWI ex U.S. ETF (HAWX) and Xtrackers MSCI All World ex US Hedged Equity ETF (DBAW) track the MSCI ACWI ex USA US Dollar Hedged Net Total Return Index - USD and belong to the same industry segment: Global Blended Cap. Both ETFs have the same top 3 sector exposures: Financials, Information Technology and Industrials. HAWX is more expensive with a Total Expense Ratio (TER) of 0.7%, versus 0.4% for DBAW. HAWX is up 9.67% year-to-date (YTD) with +$5M in YTD flows. DBAW performs worse with 9.6% YTD performance, and +$9M in YTD flows. Run a side-by-side ETF comparison of HAWX and DBAW below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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HAWX vs DBAW performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 04/27/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	HAWX DBAW	+8.65%+7.67%	+4.17%+4.24%	+9.67%+9.60%	+35.03%+35.11%	+70.67%+69.36%	+76.97%+73.53%
Flows	HAWX DBAW	-+$9M	-$18K+$9M	+$5M+$9M	+$13M+$31M	+$50M+$40M	+$125M+$72M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	HAWX DBAW	+18.47%+16.09%	+12.40%+10.36%	+12.86%+10.85%	+13.40%+11.13%
Max drawdown	HAWX DBAW	-9.30%-8.71%	-9.30%-8.71%	-13.76%-13.33%	-17.33%-17.38%
Max drawdown duration	HAWX DBAW	50d57d	50d57d	51d84d	573d576d

Trading data

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	HAWX	DBAW
Last sale 4/27/2026 at 1:30 PM	$43.23	$45.14
Previous close 04/27/2026	$43.36	$45.24
Consolidated volume 04/27/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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	HAWX	DBAW
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/27/2026 at 1:30 PM

Live

Closed

	HAWX	DBAW
Last price	$43.23	$45.14
1D performance	-0.30%	-0.22%
AuM	$330.47 M	$252.05 M
E/R	0.7%	0.4%

Characteristics

	HAWX	DBAW
Management strategy	Passive	Passive
Provider	iShares	Xtrackers by DWS
Benchmark	MSCI ACWI ex USA Index	MSCI ACWI ex USA Index
N° of holdings	1566	1703
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	June 29, 2015	January 22, 2014
ESG	No	No

More HAWX data on Trackinsight

More DBAW data on Trackinsight

Exposure

Countries

HAWX

Japan

13.55%

United Kingdom

8.89%

Canada

8.61%

Other

68.95%

DBAW

Japan

13.86%

United Kingdom

8.76%

Canada

8.26%

Other

69.12%

Sectors

HAWX

Financials

23.23%

Information Techn.

15.46%

Industrials

13.38%

Consumer Discreti.

8.23%

Other

39.71%

DBAW

Financials

22.74%

Information Techn.

15.9%

Industrials

13.35%

Consumer Discreti.

8.26%

Other

39.76%

Diversification

HAWX

Total weight of top 15 holdings out of 15

17.02%

DBAW

Total weight of top 15 holdings out of 15

16.93%

Top 15 holdings

Data as of March 31, 2026

HAWX

TWN SEMICONT MAN

4.07%

SAMSUNG ELECTR

1.55%

ASML HOLDING

1.50%

TENCENT HOLDINGS

1.19%

ASTRAZENECA

0.89%

SK HYNIX

0.86%

NOVARTIS

0.86%

CH1499059983

0.83%

HSBC HOLDINGS

0.83%

SHELL PLC

0.81%

US0669224778

0.80%

ALIBABA GROUP HOLDING LTD

0.79%

NESTLE SA

0.76%

ROYAL BK CANADA

0.68%

COMMONWEALTH BANK OF AUSTRALIA

0.58%

DBAW

TWN SEMICONT MAN

4.14%

SAMSUNG ELECTR

1.66%

ASML HOLDING

1.51%

TENCENT HOLDINGS

1.19%

SK HYNIX

0.99%

ASTRAZENECA

0.87%

NOVARTIS

0.83%

CH1499059983

0.81%

HSBC HOLDINGS

0.81%

ALIBABA GROUP HOLDING LTD

0.80%

SHELL PLC

0.77%

NESTLE SA

0.72%

ROYAL BK CANADA

0.65%

TOYOTA

0.59%

COMMONWEALTH BANK OF AUSTRALIA

0.59%

Frequently asked questions about HAWX and DBAW

How have the HAWX and DBAW ETFs performed in 2026?

As of April 27, 2026, HAWX is up 9.67% year-to-date (YTD), while DBAW has returned 9.6%. That puts HAWX better performer ahead so far this year.

Which ETF is attracting more investor money: HAWX or DBAW?

Year-to-date, the HAWX ETF saw +$5M in flows, compared to +$9M for DBAW.

Which ETF is more volatile: HAWX or DBAW?

Over the past year, HAWX had a volatility of 12.4%, while DBAW experienced 10.36%.

Which ETF is bigger: HAWX or DBAW?

As of April 27, 2026, HAWX holds $330.47 M in assets under management (AUM), while DBAW manages $252.05 M.

What sectors do the HAWX and DBAW ETFs invest in?

HAWX leans toward sectors like Financials, Information Technology and Industrials. Meanwhile, DBAW focuses on Financials, Information Technology and Industrials.

What are the top holdings of the HAWX ETF and DBAW ETF?

HAWX top holdings include TWN SEMICONT MAN, SAMSUNG ELECTR and ASML HOLDING. DBAW holds in its top three: TWN SEMICONT MAN, SAMSUNG ELECTR and ASML HOLDING.

HAWXvsDBAWETF Comparison

iShares Currency Hedged MSCI ACWI ex U.S. ETF

Xtrackers MSCI All World ex US Hedged Equity ETF

HAWX vs DBAW performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the HAWX and DBAW ETFs performed in 2026?

As of April 27, 2026, HAWX is up 9.67% year-to-date (YTD), while DBAW has returned 9.6%. That puts HAWX better performer ahead so far this year.

Which ETF is attracting more investor money: HAWX or DBAW?

Year-to-date, the HAWX ETF saw +$5M in flows, compared to +$9M for DBAW.

Which ETF is more volatile: HAWX or DBAW?

Over the past year, HAWX had a volatility of 12.4%, while DBAW experienced 10.36%.

Which ETF is bigger: HAWX or DBAW?

As of April 27, 2026, HAWX holds $330.47 M in assets under management (AUM), while DBAW manages $252.05 M.

What sectors do the HAWX and DBAW ETFs invest in?

HAWX leans toward sectors like Financials, Information Technology and Industrials. Meanwhile, DBAW focuses on Financials, Information Technology and Industrials.

What are the top holdings of the HAWX ETF and DBAW ETF?

HAWX top holdings include TWN SEMICONT MAN, SAMSUNG ELECTR and ASML HOLDING. DBAW holds in its top three: TWN SEMICONT MAN, SAMSUNG ELECTR and ASML HOLDING.

Which ETF is more diversified: HAWX or DBAW?

HAWX holds 1705 securities with 17.02% of its assets in the top 15. DBAW has 1853 securities and a top 15 weight of 16.93%.

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