Xtrackers Bloomberg Developed Markets ex US Equity ETF (DMXU)

The Xtrackers Bloomberg Developed Markets ex US Equity ETF (DMXU) is a passively managed fund sponsored by DWS Group under its Xtrackers brand. It seeks to track a Bloomberg index covering equities of companies in developed markets outside the United States.

The fund's holdings span large and mid-sized companies across developed countries in Europe, the Asia-Pacific region and Canada, giving broad exposure to international stocks across all major sectors. Holdings are weighted by market capitalization, and the fund rebalances in line with the index methodology.

The fund excludes U.S. companies entirely, so it can serve as the international developed-market building block alongside a separate domestic equity allocation. Returns for U.S. investors reflect both the performance of the underlying stocks and movements in foreign currencies against the dollar, since the fund does not hedge its currency exposure.