US ETF+ Quarterly Directory€¦ · EQUITY ETPs 8 Developed Markets 9 Emerging Markets 11 Global 13...
Transcript of US ETF+ Quarterly Directory€¦ · EQUITY ETPs 8 Developed Markets 9 Emerging Markets 11 Global 13...
Deutsche Bank Markets Research
North America
United States
Synthetic Equity & Index Strategy
US ETF+ Quarterly Directory
Date
20 July 2016
Q2 2016 ETPs
Data as of June 30, 2016
________________________________________________________________________________________________________________
Deutsche Bank Securities Inc.
Deutsche Bank does and seeks to do business with companies covered in its research reports. Thus, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as only a single factor in making their investment decision. DISCLOSURES AND ANALYST CERTIFICATIONS ARE LOCATED IN APPENDIX 1.MCI (P) 057/04/2016.
Author
Sebastian Mercado
Strategist
(+1) 212 250-8690
Contacts
Shan Lan
Strategist
(+852) 22036716
Ari Rajendra
Strategist
(+44) 20 754-52282
This document includes all US listed exchange-traded funds (ETFs) and exchange-traded vehicles (ETVs), plus a special section covering exchange-traded notes (ETNs). The directory is organized by asset class and asset-class-related sub sections. Within each sub section it has also been sorted. For Equity and Fixed Income ETPs it is sorted by country (or sub region for regional products) in alphabetical order and by AUM in descending order, and for the other ETP asset classes it is sorted by sub sector in alphabetical order and by AUM in descending order. Numerous key information points per product have been included in order to give readers an overview of their respective areas of interest. Among the key numeric information we include average daily turnover, assets under management, and cash flows (all in $US). If you have any questions on any of the products listed or any suggestions on how to improve future editions of the directory, please do not hesitate to get in touch.
Distributed on: 07/20/2016 19:21:48GMT
20 July 2016
US ETF+ Quarterly Directory
Page 2 Deutsche Bank Securities Inc.
Table of Contents
Definitions and Abbreviations 3
Definitions 3
Abbreviations 3
New Listings 4
Quarterly Flows Top Trends 6
EQUITY ETPs 8
Developed Markets 9
Emerging Markets 11
Global 13
Size 14
Sector 16
Style 20
Strategy 23
Thematic 35
FIXED INCOME ETPs 39
Overall 40
Corporates 41
Sovereign 44
Sovereign & Corporates 45
Sub-Sovereign 45
Collateralized Debt 46
COMMODITY ETPs 47
Overall 48
Agriculture 48
Energy 48
Industrial Metals 49
Precious Metals 49
CURRENCY ETPs 50
Currency Exposure - Broad 51
Currency Exposure - Pair 51
MULTI ASSET ETPs 52Target Risk 53
ALTERNATIVE ETPs 54
Hedge Fund 55
Private Equity 55
Volatility 55
EXCHANGE-TRADED NOTES 56
Equity 57
Fixed Income 58
Commodity 59
Currency 61
Multi Asset 61
Alternative 62
20 July 2016
US ETF+ Quarterly Directory
Deutsche Bank Securities Inc. Page 3
Definitions and Abbreviations
Definitions
Term Definition
AUM Assets Under Management (or AUM), are dated as of the last business day of the calculation quarter. Generally, Daily AUM is computed by multiplying end of day shares outstanding by the end of day NAV. When NAV is not available, Price is used as a proxy.
Cash Flows Cash Flows correspond to the aggregation of all Daily Cash Flows within the calculation quarter. Daily Cash Flows are calculated by multiplying the difference between today's and yesterday's end of day shares outstanding by today's end of day NAV.
TER Total Expense Ratio (or TER) is the overall cost borne by a fund’s share holder for a 1 year ownership period. It usually includes the management fee and other expenses paid by the fund. TER is, in general, expressed as a percentage of the amount invested and it is proportionally discounted according to the actual holding period.
Turnover Average Daily Turnover for the ETP within the calculation quarter. Daily turnover is calculated as daily shares traded on exchange times end of day price.
Abbreviations
Field Abbreviation Applies to Example/Definition
Structure & Strategy <Structure> <Leverage Factor><Strategy Impact> (<Fund Management>)
All ETPs & ETNs
ETF 2L (A) means that the ETF aims to generate Double returns employing a Long strategy and Active management.
Possible values for each component:
Structure: ETF, ETV, ETN
Leverage Factor: 1, >1 (no specific multiple), 2, 3…
Strategy Impact: L (Long), S (Short), LS (Long Short)
Fund Management: A (Active Strategy), P (Passive Strategy)
Tenor B, MM, S, M, L Fixed Income ETPs
B (Broad), MM (Money Market), S (Short Duration), M (Medium Duration), L (Long Duration).
Credit Rating HY, IG, M Fixed Income ETPs
HY (High Yield), IG (Investment Grade), M (Mixed)
Inflation Linked N, Y Fixed Income ETPs
N (No), Y (Yes)
Exposure Type Physical, Futures Commodity ETPs
The way through which the ETP accesses commodity returns.
Source: Deutsche Bank
20 July 2016
US ETF+ Quarterly Directory
Page 4 Deutsche Bank Securities Inc.
New Listings
Figure 1: ETPs & ETNs listed during the previous quarter – Part 1
ETP Name IssuerAsset Class
& StructureExchange TER
Bloom-
berg
AUM
$ MM
AccuShares S&P GSCI Crude Oil Excess Return Down Shares AccuShares Management LLC Commodity ETV Nasdaq 0.29% OILD US 2.4
AccuShares S&P GSCI Crude Oil Excess Return Up Shares AccuShares Management LLC Commodity ETV Nasdaq 0.29% OILU US 2.6
Dhandho Junoon ETF ALPS Equity ETF NYSE Arca 0.75% JUNE US 2.5
RiverFront Dynamic Core Income ETF ALPS Fixed Income ETF NYSE Arca 0.51% RFCI US 2.5
Sprott BUZZ Social Media Insights ETF ALPS Equity ETF NYSE Arca 0.75% BUZ US 4.7
RiverFront Dynamic US Flex-Cap ETF ALPS Equity ETF NYSE Arca 0.52% RFFC US 5.0
RiverFront Dynamic Unconstrained Income ETF ALPS Fixed Income ETF NYSE Arca 0.51% RFUN US 5.0
RiverFront Dynamic US Dividend Advantage ETF ALPS Equity ETF NYSE Arca 0.52% RFDA US 5.1
Amplify Online Retail ETF Amplify Investments Equity ETF Nasdaq 0.65% IBUY US 2.4
Aptus Behavioral Momentum ETF Aptus Capital Equity ETF BATS 0.79% BEMO US 14.4
iShares Edge MSCI Multifactor Consumer Discretionary ETF BlackRock Equity ETF BATS 0.35% CNDF US 2.4
iShares Edge MSCI Multifactor Industrials ETF BlackRock Equity ETF BATS 0.35% INDF US 2.5
iShares Edge MSCI Multifactor Financials ETF BlackRock Equity ETF BATS 0.35% FNCF US 2.5
iShares Edge MSCI Multifactor Materials ETF BlackRock Equity ETF BATS 0.35% MATF US 2.5
iShares Edge MSCI Multifactor Energy ETF BlackRock Equity ETF BATS 0.35% ERGF US 2.6
iShares Edge MSCI Multifactor Consumer Staples ETF BlackRock Equity ETF BATS 0.35% CNSF US 2.6
iShares Edge MSCI Multifactor Healthcare ETF BlackRock Equity ETF BATS 0.35% HCRF US 2.6
iShares Edge MSCI Multifactor Technology ETF BlackRock Equity ETF BATS 0.35% TCHF US 2.6
iShares Edge MSCI Multifactor Utilities ETF BlackRock Equity ETF BATS 0.35% UTLF US 2.7
iShares International Dividend Growth ETF BlackRock Equity ETF BATS 0.22% IGRO US 4.8
iShares MSCI EM ESG Select ETF BlackRock Equity ETF Nasdaq 0.45% ESGE US 5.3
iShares MSCI EAFE ESG Select ETF BlackRock Equity ETF Nasdaq 0.40% ESGD US 5.3
iShares MSCI China A ETF BlackRock Equity ETF BATS 0.65% CNYA US 8.7
iShares iBoxx $ High Yield ex Oil & Gas Corporate Bond ETF BlackRock Fixed Income ETF Nasdaq 0.50% HYXE US 10.0
iShares Fallen Angels USD Bond ETF BlackRock Fixed Income ETF Nasdaq 0.35% FALN US 10.1
iShares Sustainable MSCI Global Impact ETF BlackRock Equity ETF Nasdaq 0.49% MPCT US 14.3
Columbia Sustainable International Equity Income ETF Columbia Management Equity ETF NYSE Arca 0.45% ESGN US 4.7
Columbia Sustainable Global Equity Income ETF Columbia Management Equity ETF NYSE Arca 0.40% ESGW US 4.9
Columbia Sustainable US Equity Income ETF Columbia Management Equity ETF NYSE Arca 0.35% ESGS US 5.0
Credit Suisse X-Links Monthly Pay 2xLeveraged Alerian MLP Index ETN Credit Suisse Equity ETN NYSE Arca 0.85% AMJL US 27.5
Deutsche X-trackers FTSE Emerging Comprehensive Factor ETF Deutsche AM Equity ETF NYSE Arca 0.50% DEMG US 2.5
Deutsche X-trackers Russell 2000 Comprehensive Factor ETF Deutsche AM Equity ETF NYSE Arca 0.30% DESC US 2.6
Direxion Daily Energy Bear 1X Shares DirexionShares Equity ETF NYSE Arca 0.45% ERYY US 2.2
Direxion Daily Financial Bear 1X Shares DirexionShares Equity ETF NYSE Arca 0.45% FAZZ US 2.4
Direxion Daily Technology Bear 1X Shares DirexionShares Equity ETF NYSE Arca 0.45% TECZ US 2.5
Direxion Daily High Yield Bear 2x Shares DirexionShares Fixed Income ETF NYSE Arca 0.80% HYDD US 6.0
Direxion Daily S&P 500 Bear 1x Shares DirexionShares Equity ETF NYSE Arca 0.45% SPDN US 29.1
Elkhorn S&P High Quality Preferred ETF Elkhorn Investments LLC Fixed Income ETF BATS 0.47% EPRF US 2.6
REX VolMAXX Inverse VIX Weekly Futures Strategy ETF Exchange Traded Concepts Alternative ETF BATS 1.45% VMIN US 2.2
REX VolMAXX Long VIX Weekly Futures Strategy ETF Exchange Traded Concepts Alternative ETF BATS 1.25% VMAX US 2.2
CrowdInvest Wisdom ETF Exchange Traded Concepts Equity ETF NYSE Arca 0.95% WIZE US 2.5
REX Gold Hedged S&P 500 ETF Exchange Traded Concepts Equity ETF NYSE Arca 0.48% GHS US 2.7
REX Gold Hedged FTSE Emerging Markets ETF Exchange Traded Concepts Equity ETF NYSE Arca 0.65% GHE US 2.8
First Trust Alternative Absolute Return Strategy ETF First Trust Alternative ETF Nasdaq 0.95% FAAR US 3.0
First Trust RiverFront Dynamic Emerging Markets ETF First Trust Equity ETF Nasdaq 0.95% RFEM US 5.2
First Trust RiverFront Dynamic Developed International ETF First Trust Equity ETF Nasdaq 0.83% RFDI US 24.5
First Trust RiverFront Dynamic Europe ETF First Trust Equity ETF Nasdaq 0.83% RFEU US 24.5
First Trust RiverFront Dynamic Asia Pacific ETF First Trust Equity ETF Nasdaq 0.83% RFAP US 24.7
Franklin LibertyQ International Equity Hedged ETF Franklin Templeton Investments Equity ETF NYSE Arca 0.40% FLQH US 25.1
Franklin LibertyQ Global Equity ETF Franklin Templeton Investments Equity ETF NYSE Arca 0.35% FLQG US 25.7
Franklin LibertyQ Global Dividend ETF Franklin Templeton Investments Equity ETF NYSE Arca 0.45% FLQD US 25.9
Franklin LibertyQ Emerging Markets ETF Franklin Templeton Investments Equity ETF NYSE Arca 0.55% FLQE US 26.6
Global X Health & Wellness Thematic ETF Global X Funds Equity ETF Nasdaq 0.68% BFIT US 1.5
Global X Longevity Thematic ETF Global X Funds Equity ETF Nasdaq 0.68% LNGR US 1.6
Global X Millennials Thematic ETF Global X Funds Equity ETF Nasdaq 0.68% MILN US 2.3
Global X S&P 500 Catholic Values ETF Global X Funds Equity ETF Nasdaq 0.29% CATH US 2.5
Guggenheim S&P 100 Equal Weight ETF Guggenheim Investments Equity ETF NYSE Arca 0.40% OEW US 2.6
Guggenheim Large Cap Optimized Diversification ETF Guggenheim Investments Equity ETF NYSE Arca 0.40% OPD US 2.6
Guggenheim US Large Cap Optimized Volatility ETF Guggenheim Investments Equity ETF NYSE Arca 0.30% OVLC US 2.6 Source: Deutsche Bank, Bloomberg Finance LP..
20 July 2016
US ETF+ Quarterly Directory
Deutsche Bank Securities Inc. Page 5
Figure 2: ETPs & ETNs listed during the previous quarter – Part 2
ETP Name IssuerAsset Class
& StructureExchange TER
Bloom-
berg
AUM
$ MM
IQ Enhanced Core Bond US ETF IndexIQ Advisors Fixed Income ETF NYSE Arca 0.20% AGGE US 40.5
IQ Enhanced Core Plus Bond US ETF IndexIQ Advisors Fixed Income ETF NYSE Arca 0.20% AGGP US 123.0
The Organics ETF Janus Capital Equity ETF Nasdaq 0.50% ORG US 2.5
The Obesity ETF Janus Capital Equity ETF Nasdaq 0.50% SLIM US 2.5
The Health and Fitness ETF Janus Capital Equity ETF Nasdaq 0.50% FITS US 2.5
The Long-Term Care ETF Janus Capital Equity ETF Nasdaq 0.50% OLD US 2.6
JPMorgan Diversified Return International Currency Hedged ETF JPMorgan Equity ETF NYSE Arca 0.49% JPIH US 25.3
JPMorgan Diversified Return Europe Currency Hedged ETF JPMorgan Equity ETF NYSE Arca 0.49% JPEH US 25.7
JPMorgan Diversified Return US Mid Cap Equity ETF JPMorgan Equity ETF NYSE Arca 0.34% JPME US 30.9
RBC S&P 500 Trend Allocator ETN RBC Global Asset Management Equity ETN Nasdaq 0.85% TALL US 4.2
BullMark LatAm Select Leaders ETF Recon Capital Equity ETF Nasdaq 0.70% BMLA US 2.7
SPDR S&P Internet ETF State Street Equity ETF NYSE Arca 0.35% XWEB US 5.3
SPDR S&P Technology Hardware Etf State Street Equity ETF NYSE Arca 0.35% XTH US 5.3
SPDR Dorsey Wright Fixed Income Allocation ETF State Street Fixed Income ETF Nasdaq 0.60% DWFI US 15.4
SPDR DoubleLine Emerging Markets Fixed Income ETF State Street Fixed Income ETF BATS 0.65% EMTL US 38.6
SPDR DoubleLine Short Duration Total Return Tactical ETF State Street Fixed Income ETF BATS 0.45% STOT US 50.4
WisdomTree International Quality Dividend Growth Fund WisdomTree Equity ETF BATS 0.38% IQDG US 2.5
WisdomTree Emerging Markets Dividend Fund WisdomTree Equity ETF BATS 0.32% DVEM US 2.6
WisdomTree Fundamental U.S. Short-Term Corporate Bond Fund WisdomTree Fixed Income ETF BATS 0.18% SFIG US 5.0
WisdomTree Fundamental U.S. Short-Term High Yield Corporate Bond Fund WisdomTree Fixed Income ETF BATS 0.38% SFHY US 5.0
WisdomTree Fundamental U.S. High Yield Corporate Bond Fund WisdomTree Fixed Income ETF BATS 0.38% WFHY US 5.0
WisdomTree Fundamental U.S. Corporate Bond Fund WisdomTree Fixed Income ETF BATS 0.18% WFIG US 5.1
SPDR S&P International Dividend Currency Hedged ETF State Street Equity ETF NYSE Arca 0.48% HDWX US 3.9
SPDR MSCI International Real Estate Currency Hedged ETF State Street Equity ETF NYSE Arca 0.48% HREX US 4.1
ETRACS 2xMonthly Leveraged S&P MLP Index ETN UBS Equity ETN NYSE Arca 0.95% MLPV US 13.3
Market Vectors Oil Refiners ETF Van Eck Funds Equity ETF NYSE Arca 0.59% CRAK US 2.7
Market Vectors Morningstar International Moat ETF Van Eck Funds Equity ETF NYSE Arca 0.56% MOTI US 10.6
Vanguard Tax-Exempt Bond Index ETF Vanguard Fixed Income ETF NYSE Arca 0.12% VTEB US 57.7
WisdomTree Weak Dollar US Equity Fund WisdomTree Equity ETF NYSE Arca 0.33% USWD US 2.2
WisdomTree International Hedged Equity Fund WisdomTree Equity ETF NYSE Arca 0.35% HDWM US 2.3
WisdomTree Strong Dollar US Equity Fund WisdomTree Equity ETF NYSE Arca 0.33% USSD US 2.3
WisdomTree Barclays US Aggregate Bond Enhanced Yield Fund WisdomTree Fixed Income ETF NYSE Arca 0.12% AGGY US 5.0 Source: Deutsche Bank, Bloomberg Finance LP..
20 July 2016
US ETF+ Quarterly Directory
Page 6 Deutsche Bank Securities Inc.
Quarterly Flows Top Trends
Figure 3: Top 20 ETPs by inflows ($ Million) (Includes ETNs also)
ETP Name IssuerAsset Class
& StructureBBG Ticker TER
Net Flow
$ MM
SPDR Gold Shares State Street Commodity ETV GLD US 0.40% 5,436
iShares Core U.S. Aggregate Bond ETF BlackRock Fixed Income ETF AGG US 0.08% 3,308
iShares Edge MSCI Min Vol USA ETF BlackRock Equity ETF USMV US 0.15% 2,761
Vanguard FTSE Developed Markets ETF Vanguard Equity ETF VEA US 0.10% 2,725
Vanguard REIT ETF Vanguard Equity ETF VNQ US 0.12% 2,367
Vanguard S&P 500 ETF Vanguard Equity ETF VOO US 0.05% 2,199
iShares Core MSCI Emerging Markets ETF BlackRock Equity ETF IEMG US 0.16% 2,188
Vanguard FTSE Emerging Markets ETF Vanguard Equity ETF VWO US 0.15% 1,836
iShares iBoxx $ Investment Grade Corporate Bond ETF BlackRock Fixed Income ETF LQD US 0.15% 1,746
Vanguard Total Bond Market ETF Vanguard Fixed Income ETF BND US 0.08% 1,707
Vanguard Intermediate-Term Bond ETF Vanguard Fixed Income ETF BIV US 0.10% 1,570
iShares Edge MSCI Min Vol EAFE ETF BlackRock Equity ETF EFAV US 0.20% 1,404
iShares U.S. Preferred Stock ETF BlackRock Fixed Income ETF PFF US 0.47% 1,330
iShares J.P. Morgan USD Emerging Markets Bond ETF BlackRock Fixed Income ETF EMB US 0.40% 1,328
Vanguard Value ETF Vanguard Equity ETF VTV US 0.10% 1,319
iShares TIPS Bond ETF BlackRock Fixed Income ETF TIP US 0.20% 1,183
Vanguard Total Stock Market ETF Vanguard Equity ETF VTI US 0.05% 1,179
iShares Core MSCI EAFE ETF BlackRock Equity ETF IEFA US 0.12% 1,165
Vanguard Intermediate-Term Corporate Bond ETF Vanguard Fixed Income ETF VCIT US 0.10% 1,147
VanEck Vectors Gold Miners ETF VanEck Vectors Equity ETF GDX US 0.52% 1,039 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
Figure 4: Top 20 ETPs by outflows ($ Million) (Includes ETNs also)
ETP Name IssuerAsset Class
& StructureBBG Ticker TER
Net Flow
$ MM
SPDR S&P 500 ETF State Street Equity ETF SPY US 0.09% (8,748)
PowerShares QQQ PowerShares Equity ETF QQQ US 0.20% (3,723)
WisdomTree Europe Hedged Equity Fund WisdomTree Equity ETF HEDJ US 0.58% (2,851)
iShares MSCI Japan ETF BlackRock Equity ETF EWJ US 0.48% (2,760)
iShares MSCI Emerging Markets ETF BlackRock Equity ETF EEM US 0.69% (2,413)
iShares MSCI Eurozone ETF BlackRock Equity ETF EZU US 0.48% (2,310)
WisdomTree Japan Hedged Equity Fund WisdomTree Equity ETF DXJ US 0.48% (1,994)
iShares iBoxx $ High Yield Corporate Bond ETF BlackRock Fixed Income ETF HYG US 0.50% (1,888)
iShares 20+ Year Treasury Bond ETF BlackRock Fixed Income ETF TLT US 0.15% (1,486)
SPDR Barclays High Yield Bond ETF State Street Fixed Income ETF JNK US 0.40% (1,387)
iShares 1-3 Year Treasury Bond ETF BlackRock Fixed Income ETF SHY US 0.15% (1,359)
iShares China Large-Cap ETF BlackRock Equity ETF FXI US 0.73% (1,292)
Financial Select Sector SPDR Fund State Street Equity ETF XLF US 0.14% (1,157)
iShares Russell 2000 ETF BlackRock Equity ETF IWM US 0.20% (1,072)
Deutsche X-trackers MSCI EAFE Currency-Hedged Equity ETF Deutsche AM Equity ETF DBEF US 0.35% (1,002)
Consumer Discretionary Select Sector SPDR Fund State Street Equity ETF XLY US 0.14% (931)
United States Oil Fund LP United States Commodity Funds Commodity ETV USO US 0.45% (804)
Technology Select Sector SPDR Fund State Street Equity ETF XLK US 0.14% (800)
iShares MSCI Germany ETF BlackRock Equity ETF EWG US 0.48% (746)
Consumer Staples Select Sector SPDR Fund State Street Equity ETF XLP US 0.14% (668) Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
20 July 2016
US ETF+ Quarterly Directory
Deutsche Bank Securities Inc. Page 7
Figure 5: Top 20 ETPs by inflows* (% of AUM) (Includes ETNs also)
ETP Name IssuerAsset Class
& StructureBBG Ticker TER
Net Flow
$ MM
Net Flow
% of AUM
Vanguard S&P Mid-Cap 400 Value ETF Vanguard Equity ETF IVOV US 0.22% 268 216%
iShares MSCI Belgium Capped ETF BlackRock Equity ETF EWK US 0.48% 196 156%
JPMorgan Diversified Return International Equity ETF JPMorgan Equity ETF JPIN US 0.43% 169 90%
iShares MSCI Global Metals & Mining Producers ETF BlackRock Equity ETF PICK US 0.39% 88 83%
VanEck Vectors Semiconductor ETF VanEck Vectors Equity ETF SMH US 0.35% 152 78%
Direxion Daily Gold Miners Index Bear 3X Shares DirexionShares Equity ETF DUST US 0.95% 306 76%
PowerShares S&P 500 High Dividend Low Volatility Portfolio PowerShares Equity ETF SPHD US 0.30% 884 76%
Goldman Sachs ActiveBeta International Equity ETF Goldman Sachs Equity ETF GSIE US 0.35% 80 73%
PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded FundPIMCO Fixed Income ETF ZROZ US 0.15% 167 67%
O'Shares FTSE US Quality Dividend ETF O'Shares Investments Equity ETF OUSA US 0.48% 82 66%
VelocityShares 3x Inverse Crude ETN Credit Suisse Commodity ETN DWTI US 1.35% 214 61%
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF Goldman Sachs Equity ETF GSLC US 0.09% 243 57%
VanEck Vectors Fallen Angel High Yield Bond ETF VanEck Vectors Fixed Income ETF ANGL US 0.40% 69 56%
First Trust Global Tactical Commodity Strategy Fund First Trust Commodity ETF FTGC US 0.95% 117 53%
VelocityShares Daily 2x VIX Short-Term ETN Credit Suisse Alternative ETN TVIX US 1.65% 229 52%
PowerShares S&P MidCap Low Volatility Portfolio PowerShares Equity ETF XMLV US 0.25% 172 52%
iShares U.S. Industrials ETF BlackRock Equity ETF IYJ US 0.43% 286 51%
ProShares VIX Short-Term Futures ETF ProShares Alternative ETV VIXY US 0.85% 79 50%
Direxion Daily S&P Biotech Bull 3X Shares DirexionShares Equity ETF LABU US 0.95% 94 49%
iShares U.S. Basic Materials ETF BlackRock Equity ETF IYM US 0.43% 164 47% Source: Deutsche Bank, Bloomberg Finance LP * ETPs/ETNs which had less than $100mn at the start of the quarter were not included
Figure 6: Top 20 ETPs by outflows* (% of AUM) (Includes ETNs also)
ETP Name IssuerAsset Class
& StructureBBG Ticker TER
Net Flow
$ MM
Net Flow
% of AUM
VelocityShares 3x Long Natural Gas ETN Credit Suisse Commodity ETN UGAZ US 1.65% (186) -74.9%
PowerShares DWA Consumer Cyclicals Momentum Portfolio PowerShares Equity ETF PEZ US 0.65% (186) -74.5%
PowerShares S&P 500 Downside Hedged Portfolio PowerShares Equity ETF PHDG US 0.39% (180) -53.7%
PowerShares Russell 1000 Equal Weight Portfolio PowerShares Equity ETF EQAL US 0.20% (64) -53.5%
Direxion Daily Gold Miners Index Bull 3X Shares DirexionShares Equity ETF NUGT US 0.95% (502) -53.1%
CurrencyShares Japanese Yen Trust Guggenheim Investments Currency ETV FXY US 0.40% (136) -48.7%
SPDR Barclays Short Term International Treasury Bond ETF State Street Fixed Income ETF BWZ US 0.35% (160) -46.9%
WisdomTree International Hedged Quality Dividend Growth FundWisdomTree Equity ETF IHDG US 0.58% (294) -40.2%
Global X Guru Index ETF Global X Funds Equity ETF GURU US 0.75% (49) -38.7%
Deutsche X-trackers MSCI South Korea Hedged Equity ETF Deutsche AM Equity ETF DBKO US 0.58% (41) -34.4%
ProShares UltraShort Nasdaq Biotechnology ProShares Equity ETF BIS US 0.95% (34) -31.5%
WBI Tactical LCV Shares Millington Securities Equity ETF WBIF US 1.00% (30) -28.9%
PowerShares Dynamic Leisure and Entertainment Portfolio PowerShares Equity ETF PEJ US 0.63% (50) -27.1%
iShares Government/Credit Bond ETF BlackRock Fixed Income ETF GBF US 0.20% (98) -27.0%
iShares China Large-Cap ETF BlackRock Equity ETF FXI US 0.73% (1,292) -27.0%
RiverFront Strategic Income Fund ALPS Fixed Income ETF RIGS US 0.22% (116) -26.7%
iShares Currency Hedged MSCI Eurozone ETF BlackRock Equity ETF HEZU US 0.51% (573) -26.5%
WBI Tactical LCG Shares Millington Securities Equity ETF WBIE US 1.00% (26) -26.2%
SPDR Barclays 1-3 Month T-Bill ETF State Street Fixed Income ETF BIL US 0.13% (635) -25.2%
iShares Currency Hedged MSCI Germany ETF BlackRock Equity ETF HEWG US 0.53% (184) -24.8% Source: Deutsche Bank, Bloomberg Finance LP * ETPs/ETNs which had less than $100mn at the start of the quarter were not included
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Pag
e 8
D
eu
tsch
e B
an
k S
ecu
rities In
c.
EXCHANGE-TRADED FUNDS & VEHICLES
(ETFs & ETVs)
EQUITY ETPs
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
Pag
e 9
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country
Cap.
SizeStyle TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
Developed Markets
Broad Indices
Vanguard FTSE Europe ETF VGK US VGK Vanguard ETF 1L (P) NYSE Arca DM Europe Overall Broad Blend 0.12% 254.5 (331.0) 12,729
Deutsche X-trackers MSCI Europe Hedged Equity ETF DBEU US DBEU.K Deutsche AM ETF 1L (P) NYSE Arca DM Europe Overall Broad Blend 0.45% 43.6 (494.2) 2,877
iShares Europe ETF IEV US IEV BlackRock ETF 1L (P) NYSE Arca DM Europe Overall Broad Blend 0.60% 38.0 (118.6) 2,471
iShares Core MSCI Europe ETF IEUR US IEUR.K BlackRock ETF 1L (P) NYSE Arca DM Europe Overall Broad Blend 0.12% 5.1 107.5 983
SPDR STOXX Europe 50 ETF FEU US FEU State Street ETF 1L (P) NYSE Arca DM Europe Overall Large Cap Blend 0.29% 3.0 (17.0) 185
iShares MSCI Europe Small-Cap ETF IEUS US IEUS.O BlackRock ETF 1L (P) Nasdaq DM Europe Overall Small Cap Blend 0.40% 0.3 (2.3) 54
Global X FTSE Nordic Region ETF GXF US GXF Global X Funds ETF 1L (P) NYSE Arca DM Europe Overall Broad Blend 0.50% 0.2 - 45
IQ 50 Percent Hedged FTSE Europe ETF HFXE US HFXE.K IndexIQ Advisors ETF 1L (P) NYSE Arca DM Europe Overall Broad Blend 0.45% 2.3 17.1 42
O'Shares FTSE Europe Quality Dividend ETF OEUR US OEUR.K O'Shares Investments ETF 1L (P) NYSE Arca DM Europe Overall Broad Dividend 0.58% 0.3 7.1 27
BLDRS Europe 100 ADR Index Fund ADRU US ADRU.O PowerShares ETF 1L (P) Nasdaq DM Europe Overall Large Cap Blend 0.30% 0.1 (2.0) 16
ProShares Hedged FTSE Europe ETF HGEU US HGEU.K ProShares ETF 1L (P) NYSE Arca DM Europe Overall Broad Blend 0.27% 0.3 (16.3) 5
O'Shares FTSE Europe Quality Dividend Hedged ETF OEUH US OEUH.K O'Shares Investments ETF 1L (P) NYSE Arca DM Europe Overall Broad Dividend 0.68% 0.1 0.0 4
iShares Edge MSCI Min Vol Europe Currency Hedged ETF HEUV US HEUV.Z BlackRock ETF 1L (P) BATS DM Europe Overall Broad Blend 0.28% 0.0 0.0 3
Deutsche X-trackers MSCI Southern Europe Hedged Equity ETF DBSE US DBSE.K Deutsche AM ETF 1L (P) NYSE Arca DM Europe Overall Broad Blend 0.45% 0.0 - 2
WisdomTree Europe Hedged Equity Fund HEDJ US HEDJ.K WisdomTree ETF 1L (P) NYSE Arca DM Eurozone Overall Broad Blend 0.58% 184.7 (2,851.5) 10,448
iShares MSCI Eurozone ETF EZU US EZU BlackRock ETF 1L (P) NYSE Arca DM Eurozone Overall Broad Blend 0.48% 276.9 (2,309.9) 9,619
SPDR EURO STOXX 50 ETF FEZ US FEZ State Street ETF 1L (P) NYSE Arca DM Eurozone Overall Large Cap Blend 0.29% 112.8 (113.8) 2,845
iShares Currency Hedged MSCI Eurozone ETF HEZU US HEZU.K BlackRock ETF 1L (P) NYSE Arca DM Eurozone Overall Broad Blend 0.51% 34.1 (572.6) 1,569
WisdomTree Europe Hedged SmallCap Equity Fund EUSC US EUSC.K WisdomTree ETF 1L (P) NYSE Arca DM Eurozone Overall Small Cap Blend 0.58% 1.5 (33.6) 224
PowerShares Europe Currency Hedged Low Volatility Portfolio FXEU US FXEU.K PowerShares ETF 1L (P) NYSE Arca DM Eurozone Overall Broad Blend 0.25% 6.1 47.8 211
Deutsche X-trackers Eurozone Hedged Equity ETF DBEZ US DBEZ.K Deutsche AM ETF 1L (P) NYSE Arca DM Eurozone Overall Broad Blend 0.45% 0.8 (19.3) 65
SPDR EURO STOXX Small Cap ETF SMEZ US SMEZ.K State Street ETF 1L (P) NYSE Arca DM Eurozone Overall Small Cap Blend 0.45% 0.2 - 28
SPDR Euro Stoxx 50 Currency Hedged ETF HFEZ US HFEZ.K State Street ETF 1L (P) NYSE Arca DM Eurozone Overall Large Cap Blend 0.32% 0.1 (0.1) 11
WisdomTree Dynamic Currency Hedged Europe Equity Fund DDEZ US DDEZ.Z WisdomTree ETF 1L (P) BATS DM Eurozone Overall Broad Blend 0.43% 0.0 - 5
iShares Adaptive Currency Hedged MSCI Eurozone ETF DEZU US DEZU.Z BlackRock ETF 1L (P) BATS DM Eurozone Overall Broad Blend 0.50% 0.0 - 2
Deutsche X-trackers MSCI Eurozone High Dividend Yield
Hedged Equity ETF
HDEZ US HDEZ.K Deutsche AM ETF 1L (P) NYSE Arca DM Eurozone Overall Broad Dividend 0.45% 0.0 - 2
Vanguard Total World Stock ETF VT US VT Vanguard ETF 1L (P) NYSE Arca DM Global Overall Broad Blend 0.14% 35.9 151.5 5,629
iShares Global 100 ETF IOO US IOO BlackRock ETF 1L (P) NYSE Arca DM Global Overall Large Cap Blend 0.40% 2.1 (44.0) 1,575
iShares MSCI World ETF URTH US URTH.K BlackRock ETF 1L (P) NYSE Arca DM Global Overall Broad Blend 0.24% 2.2 48.7 276
SPDR Global Dow ETF DGT US DGT State Street ETF 1L (P) NYSE Arca DM Global Overall Broad Blend 0.50% 0.2 (3.3) 87
iShares MSCI Kokusai ETF TOK US TOK BlackRock ETF 1L (P) NYSE Arca DM Global ex Japan Overall Broad Blend 0.25% 0.2 - 269
iShares MSCI EAFE ETF EFA US EFA BlackRock ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.33% 1,524.3 618.5 56,979
Vanguard FTSE Developed Markets ETF VEA US VEA Vanguard ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.10% 308.6 2,725.4 33,041
iShares Core MSCI EAFE ETF IEFA US IEFA.K BlackRock ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.12% 125.3 1,165.1 11,365
Deutsche X-trackers MSCI EAFE Currency-Hedged Equity ETF DBEF US DBEF.K Deutsche AM ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.35% 83.1 (1,002.2) 10,837
Schwab International Equity ETF SCHF US SCHF.K Charles Schwab ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.09% 44.9 604.7 5,658
iShares Currency Hedged MSCI EAFE ETF HEFA US HEFA.K BlackRock ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.36% 31.9 (181.2) 3,643
SPDR S&P World ex-US ETF GWL US GWL State Street ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.34% 4.0 (83.3) 631
WisdomTree Dynamic Currency Hedged International Equity
Fund
DDWM US DDWM.Z WisdomTree ETF 1L (P) BATS DM Global ex US Overall Small Cap Blend 0.35% 4.4 242.5 244
IQ 50 Percent Hedged FTSE International ETF HFXI US HFXI.K IndexIQ Advisors ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.35% 1.5 83.6 124
BLDRS Developed Markets 100 ADR Index Fund ADRD US ADRD.O PowerShares ETF 1L (P) Nasdaq DM Global ex US Overall Large Cap Blend 0.30% 0.1 (2.0) 59
Deutsche X-trackers MSCI EAFE High Dividend Yield Hedged
Equity ETF
HDEF US HDEF.K Deutsche AM ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Dividend 0.45% 0.0 - 5
Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Pag
e 1
0
Deu
tsch
e B
an
k S
ecu
rities In
c.
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country
Cap.
SizeStyle TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
WisdomTree Dynamic Currency Hedged International SmallCap
Equity Fund
DDLS US DDLS.Z WisdomTree ETF 1L (P) BATS DM Global ex US Overall Broad Blend 0.43% 0.1 - 2
iShares Adaptive Currency Hedged MSCI EAFE ETF DEFA US DEFA.Z BlackRock ETF 1L (P) BATS DM Global ex US Overall Broad Blend 0.35% 0.0 - 2
Deutsche X-trackers MSCI EAFE Small Cap Hedged Equity ETF DBES US DBES.K Deutsche AM ETF 1L (P) NYSE Arca DM Global ex US Overall Small Cap Blend 0.45% 0.0 - 2
Vanguard FTSE Pacific ETF VPL US VPL Vanguard ETF 1L (P) NYSE Arca DM Pacific Overall Broad Blend 0.12% 22.2 (65.2) 2,741
iShares Core MSCI Pacific ETF IPAC US IPAC.K BlackRock ETF 1L (P) NYSE Arca DM Pacific Overall Broad Blend 0.12% 4.2 146.9 730
iShares MSCI Pacific ex Japan ETF EPP US EPP BlackRock ETF 1L (P) NYSE Arca DM Pacific ex Japan Overall Broad Blend 0.49% 21.3 45.9 2,017
Countries
iShares MSCI Australia ETF EWA US EWA BlackRock ETF 1L (P) NYSE Arca DM Pacific Australia Broad Blend 0.48% 63.7 112.5 1,611
iShares Currency Hedged MSCI Australia ETF HAUD US HAUD.K BlackRock ETF 1L (P) NYSE Arca DM Pacific Australia Broad Blend 0.51% 0.0 (2.2) 8
Deutsche X-trackers MSCI Australia Hedged Equity ETF DBAU US DBAU.K Deutsche AM ETF 1L (P) NYSE Arca DM Pacific Australia Broad Blend 0.45% 0.0 - 4
iShares MSCI Austria Capped ETF EWO US EWO BlackRock ETF 1L (P) NYSE Arca DM Eurozone Austria Broad Blend 0.48% 1.6 (0.8) 59
iShares MSCI Belgium Capped ETF EWK US EWK BlackRock ETF 1L (P) NYSE Arca DM Eurozone Belgium Broad Blend 0.48% 9.5 196.4 320
iShares MSCI Canada ETF EWC US EWC BlackRock ETF 1L (P) NYSE Arca DM North America Canada Broad Blend 0.48% 67.3 128.6 2,793
iShares Currency Hedged MSCI Canada ETF HEWC US HEWC.K BlackRock ETF 1L (P) NYSE Arca DM North America Canada Broad Blend 0.51% 0.0 - 9
iShares MSCI Denmark Capped ETF EDEN US EDEN.Z BlackRock ETF 1L (P) BATS DM Europe Denmark Broad Blend 0.53% 3.2 8.9 77
iShares MSCI Finland Capped ETF EFNL US EFNL.Z BlackRock ETF 1L (P) BATS DM Eurozone Finland Broad Blend 0.53% 0.9 12.3 36
iShares MSCI France ETF EWQ US EWQ BlackRock ETF 1L (P) NYSE Arca DM Eurozone France Broad Blend 0.48% 25.5 (68.9) 314
iShares MSCI Germany ETF EWG US EWG BlackRock ETF 1L (P) NYSE Arca DM Eurozone Germany Broad Blend 0.48% 166.1 (745.8) 3,988
iShares Currency Hedged MSCI Germany ETF HEWG US HEWG.K BlackRock ETF 1L (P) NYSE Arca DM Eurozone Germany Broad Blend 0.53% 16.5 (184.0) 551
WisdomTree Germany Hedged Equity Fund DXGE US DXGE.O WisdomTree ETF 1L (P) Nasdaq DM Eurozone Germany Broad Dividend 0.48% 1.5 (24.4) 167
Deutsche X-trackers MSCI Germany Hedged Equity ETF DBGR US DBGR.K Deutsche AM ETF 1L (P) NYSE Arca DM Eurozone Germany Broad Blend 0.50% 1.1 (27.4) 88
Recon Capital DAX Germany ETF DAX US DAX.O Recon Capital ETF 1L (P) Nasdaq DM Eurozone Germany Broad Blend 0.45% 0.1 - 13
Global X MSCI Greece 20 ETF GREK US GREK.K Global X Funds ETF 1L (P) NYSE Arca DM Eurozone Greece Large Cap Blend 0.65% 5.1 9.4 227
iShares MSCI Hong Kong ETF EWH US EWH BlackRock ETF 1L (P) NYSE Arca DM Pacific Hong Kong Broad Blend 0.48% 65.9 (252.7) 1,556
iShares MSCI Ireland Capped ETF EIRL US EIRL.K BlackRock ETF 1L (P) NYSE Arca DM Eurozone Ireland Broad Blend 0.48% 1.9 (23.2) 127
iShares MSCI Israel Capped ETF EIS US EIS BlackRock ETF 1L (P) NYSE Arca DM Middle East Israel Broad Blend 0.62% 1.6 (25.9) 89
VanEck Vectors Israel ETF ISRA US ISRA.K VanEck Vectors ETF 1L (P) NYSE Arca DM Middle East Israel Broad Blend 0.59% 0.1 (4.0) 39
BlueStar TA-BIGTech Israel Technology ETF ITEQ US ITEQ.O ETFMG ETF 1L (P) Nasdaq DM Middle East Israel Broad Blend 0.75% 0.1 - 4
iShares MSCI Italy Capped ETF EWI US EWI BlackRock ETF 1L (P) NYSE Arca DM Eurozone Italy Broad Blend 0.48% 24.3 (93.1) 635
iShares Currency Hedged MSCI Italy ETF HEWI US HEWI.K BlackRock ETF 1L (P) NYSE Arca DM Eurozone Italy Broad Blend 0.48% 0.3 0.2 20
Deutsche X-trackers MSCI Italy Hedged Equity ETF DBIT US DBIT.K Deutsche AM ETF 1L (P) NYSE Arca DM Eurozone Italy Broad Blend 0.45% 0.0 - 2
iShares MSCI Japan ETF EWJ US EWJ BlackRock ETF 1L (P) NYSE Arca DM Pacific Japan Broad Blend 0.48% 468.4 (2,760.1) 14,403
WisdomTree Japan Hedged Equity Fund DXJ US DXJ WisdomTree ETF 1L (P) NYSE Arca DM Pacific Japan Broad Blend 0.48% 276.3 (1,994.3) 6,772
Deutsche X-trackers MSCI Japan Currency-Hedged Equity ETF DBJP US DBJP.K Deutsche AM ETF 1L (P) NYSE Arca DM Pacific Japan Broad Blend 0.50% 33.8 31.6 1,051
iShares Currency Hedged MSCI Japan ETF HEWJ US HEWJ.K BlackRock ETF 1L (P) NYSE Arca DM Pacific Japan Broad Blend 0.48% 26.4 (72.9) 492
iShares JPX-Nikkei 400 ETF JPXN US JPXN.K BlackRock ETF 1L (P) NYSE Arca DM Pacific Japan Broad Blend 0.48% 0.5 (31.3) 121
WisdomTree Japan Hedged SmallCap Equity Fund DXJS US DXJS.O WisdomTree ETF 1L (P) Nasdaq DM Pacific Japan Small Cap Dividend 0.58% 0.8 (15.5) 68
SPDR Russell/Nomura PRIME Japan ETF JPP US JPP State Street ETF 1L (P) NYSE Arca DM Pacific Japan Broad Blend 0.30% 0.1 - 27
Deutsche X-trackers Japan JPX-Nikkei 400 Equity ETF JPN US JPN Deutsche AM ETF 1L (P) NYSE Arca DM Pacific Japan Large Cap Blend 0.40% 0.3 11.2 24
IQ 50 Percent Hedged FTSE Japan ETF HFXJ US HFXJ.K IndexIQ Advisors ETF 1L (P) NYSE Arca DM Pacific Japan Broad Blend 0.45% 0.0 - 23
WisdomTree Dynamic Currency Hedged Japan Equity Fund DDJP US DDJP.Z WisdomTree ETF 1L (P) BATS DM Pacific Japan Broad Blend 0.43% 0.0 - 4
ProShares Hedged FTSE Japan ETF HGJP US HGJP.K ProShares ETF 1L (P) NYSE Arca DM Pacific Japan Broad Blend 0.23% 0.3 (14.5) 4
iShares Adaptive Currency Hedged MSCI Japan ETF DEWJ US DEWJ.Z BlackRock ETF 1L (P) BATS DM Pacific Japan Broad Blend 0.47% 0.0 1.2 3
Deutsche X-trackers Japan JPX-Nikkei 400 Hedged Equity ETF JPNH US JPNH.K Deutsche AM ETF 1L (P) NYSE Arca DM Pacific Japan Broad Blend 0.45% 0.0 - 3
Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
Pag
e 1
1
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country
Cap.
SizeStyle TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
iShares Currency Hedged JPX-Nikkei 400 ETF HJPX US HJPX.K BlackRock ETF 1L (P) NYSE Arca DM Pacific Japan Broad Blend 0.48% 0.1 (1.1) 2
iShares MSCI Netherlands ETF EWN US EWN BlackRock ETF 1L (P) NYSE Arca DM Eurozone Netherlands Broad Blend 0.48% 6.5 36.5 221
iShares MSCI New Zealand Capped ETF ENZL US ENZL.K BlackRock ETF 1L (P) NYSE Arca DM Pacific New Zealand Broad Blend 0.48% 2.5 31.2 122
Global X FTSE Norway 30 ETF NORW US NORW.K Global X Funds ETF 1L (P) NYSE Arca DM Europe Norway Large Cap Blend 0.50% 0.6 8.9 113
iShares MSCI Norway Capped ETF ENOR US ENOR.Z BlackRock ETF 1L (P) BATS DM Europe Norway Broad Blend 0.53% 0.6 8.3 26
Global X FTSE Portugal 20 ETF PGAL US PGAL.K Global X Funds ETF 1L (P) NYSE Arca DM Eurozone Portugal Large Cap Blend 0.61% 0.3 - 23
iShares MSCI Singapore ETF EWS US EWS BlackRock ETF 1L (P) NYSE Arca DM Pacific Singapore Broad Blend 0.48% 14.8 23.8 557
iShares MSCI Spain Capped ETF EWP US EWP BlackRock ETF 1L (P) NYSE Arca DM Eurozone Spain Broad Blend 0.48% 35.0 (149.0) 731
iShares Currency Hedged MSCI Spain ETF HEWP US HEWP.K BlackRock ETF 1L (P) NYSE Arca DM Eurozone Spain Broad Blend 0.51% 1.1 (31.1) 30
Deutsche X-trackers MSCI Spain Hedged Equity ETF DBSP US DBSP.K Deutsche AM ETF 1L (P) NYSE Arca DM Eurozone Spain Broad Blend 0.45% 0.0 - 2
iShares MSCI Sweden ETF EWD US EWD BlackRock ETF 1L (P) NYSE Arca DM Europe Sweden Broad Blend 0.48% 7.5 (16.9) 275
iShares MSCI Switzerland Capped ETF EWL US EWL BlackRock ETF 1L (P) NYSE Arca DM Europe Switzerland Broad Blend 0.48% 29.4 (65.2) 1,114
iShares Currency Hedged MSCI Switzerland ETF HEWL US HEWL.K BlackRock ETF 1L (P) NYSE Arca DM Europe Switzerland Broad Blend 0.51% 0.0 - 2
iShares MSCI United Kingdom ETF EWU US EWU BlackRock ETF 1L (P) NYSE Arca DM Europe UK Broad Blend 0.48% 83.9 (17.0) 1,979
WisdomTree United Kingdom Hedged Equity Fund DXPS US DXPS.O WisdomTree ETF 1L (P) Nasdaq DM Europe UK Broad Dividend 0.48% 0.2 (3.5) 26
Deutsche X-trackers MSCI United Kingdom Hedged Equity ETF DBUK US DBUK.K Deutsche AM ETF 1L (P) NYSE Arca DM Europe UK Broad Blend 0.45% 0.0 - 6
iShares Currency Hedged MSCI United Kingdom ETF HEWU US HEWU.K BlackRock ETF 1L (P) NYSE Arca DM Europe UK Broad Blend 0.48% 0.0 - 4
Vanguard Total Stock Market ETF VTI US VTI Vanguard ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.05% 262.8 1,178.7 61,232
Schwab U.S. Broad Market ETF SCHB US SCHB.K Charles Schwab ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.04% 30.8 327.8 6,321
iShares Russell 3000 ETF IWV US IWV BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.20% 21.1 (122.1) 6,044
iShares Core S&P Total U.S. Stock Market ETF ITOT US ITOT.K BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.03% 22.8 294.0 4,072
Vanguard Extended Market ETF VXF US VXF Vanguard ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.14% 29.2 223.4 3,982
iShares Dow Jones U.S. ETF IYY US IYY BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.20% 2.3 (20.7) 915
Fidelity Nasdaq Composite Index Tracking Stock ONEQ US ONEQ.O Fidelity Investments ETF 1L (P) Nasdaq DM North America US Broad Blend 0.30% 3.6 - 628
SPDR Russell 3000 ETF THRK US THRK.K State Street ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.10% 3.1 78.0 342
Vanguard Russell 3000 ETF VTHR US VTHR.O Vanguard ETF 1L (P) Nasdaq DM North America US Broad Blend 0.15% 0.9 12.7 239
Emerging Markets
Broad Indices
VanEck Vectors Africa Index ETF AFK US AFK VanEck Vectors ETF 1L (P) NYSE Arca EM Africa Overall Broad Blend 0.78% 0.8 (3.1) 71
First Trust ISE Chindia Index Fund FNI US FNI First Trust ETF 1L (P) NYSE Arca EM Asia Overall Broad Blend 0.60% 0.5 (9.3) 167
iShares MSCI Emerging Markets Asia ETF EEMA US EEMA.O BlackRock ETF 1L (P) Nasdaq EM Asia Overall Broad Blend 0.49% 0.4 - 122
Global X Southeast Asia ETF ASEA US ASEA.K Global X Funds ETF 1L (P) NYSE Arca EM Asia Overall Large Cap Blend 0.65% 0.1 (0.6) 12
iShares MSCI BRIC ETF BKF US BKF BlackRock ETF 1L (P) NYSE Arca EM BRIC Overall Broad Blend 0.69% 0.6 (10.3) 167
SPDR S&P BRIC 40 ETF BIK US BIK State Street ETF 1L (P) NYSE Arca EM BRIC Overall Broad Blend 0.49% 0.2 (3.8) 71
Guggenheim BRIC ETF EEB US EEB Guggenheim Investments ETF 1L (P) NYSE Arca EM BRIC Overall Broad Blend 0.64% 0.2 (5.0) 68
SPDR S&P Emerging Europe ETF GUR US GUR State Street ETF 1L (P) NYSE Arca EM Europe Overall Broad Blend 0.49% 1.4 (1.5) 35
Vanguard FTSE Emerging Markets ETF VWO US VWO Vanguard ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.15% 560.3 1,836.5 37,878
iShares MSCI Emerging Markets ETF EEM US EEM BlackRock ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.69% 2,256.0 (2,412.8) 22,803
iShares Core MSCI Emerging Markets ETF IEMG US IEMG.K BlackRock ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.16% 242.3 2,187.7 12,605
Schwab Emerging Markets Equity ETF SCHE US SCHE.K Charles Schwab ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.15% 11.6 119.4 1,788
iShares MSCI Frontier 100 ETF FM US FM BlackRock ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.79% 7.6 (13.0) 402
SPDR S&P Emerging Markets ETF GMM US GMM State Street ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.59% 1.7 9.6 183
iShares Currency Hedged MSCI Emerging Markets ETF HEEM US HEEM.K BlackRock ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.69% 1.4 (20.3) 182
Deutsche X-trackers MSCI Emerging Markets Currency-Hedged
Equity ETF
DBEM US DBEM.K Deutsche AM ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.65% 1.8 (5.9) 132
Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Pag
e 1
2
Deu
tsch
e B
an
k S
ecu
rities In
c.
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country
Cap.
SizeStyle TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
BLDRS Emerging Markets 50 ADR Index Fund ADRE US ADRE.O PowerShares ETF 1L (P) Nasdaq EM Global Overall Large Cap Blend 0.30% 0.2 (3.0) 122
EGShares Beyond BRICs ETF BBRC US BBRC.K Emerging Global Shares ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.58% 0.3 6.2 97
Guggenheim Frontier Markets ETF FRN US FRN Guggenheim Investments ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.70% 0.1 - 38
EGShares EM Strategic Opportunities ETF EMSO US EMSO.K Emerging Global Shares ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.85% 0.1 (0.9) 14
Global X Next Emerging & Frontier ETF EMFM US EMFM.K Global X Funds ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.58% 0.2 - 13
WisdomTree Emerging Markets Consumer Growth Fund EMCG US EMCG.O WisdomTree ETF 1L (P) Nasdaq EM Global Overall Broad Growth 0.63% 0.0 - 13
Guggenheim MSCI Emerging Markets Equal Country Weight
ETF
EWEM US EWEM.K Guggenheim Investments ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.70% 0.0 - 11
EGShares EM Core ex-China ETF XCEM US XCEM.K Emerging Global Shares ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.35% 0.1 7.6 9
First Trust BICK Index Fund BICK US BICK.O First Trust ETF 1L (P) Nasdaq EM Global Overall Broad Blend 0.64% 0.0 (1.0) 7
EGShares Emerging Markets Core ETF EMCR US EMCR.K Emerging Global Shares ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.70% 0.0 (0.9) 4
Global X SuperDividend Emerging Markets ETF SDEM US SDEM.K Global X Funds ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.65% 0.0 - 3
iShares MSCI Emerging Markets Horizon ETF EMHZ US EMHZ.Z BlackRock ETF 1L (P) BATS EM Global Overall Broad Blend 0.50% 0.0 1.9 3
SPDR MSCI EM Beyond BRIC ETF EMBB US EMBB.K State Street ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.49% 0.0 - 3
Deutsche X-trackers MSCI Emerging Markets High Dividend
Yield Hedged Equity ETF
HDEE US HDEE.K Deutsche AM ETF 1L (P) NYSE Arca EM Global Overall Broad Dividend 0.65% 0.0 - 2
WisdomTree Emerging Markets EX-State-Owned Enterprises
Fund
XSOE US XSOE.K WisdomTree ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.58% 0.0 - 2
KraneShares FTSE Emerging Markets Plus ETF KEMP US KEMP.Z KraneShares ETF 1L (P) BATS EM Global Overall Broad Blend 0.68% 0.0 - 2
SPDR MSCI EM 50 ETF EMFT US EMFT.K State Street ETF 1L (P) NYSE Arca EM Global Overall Large Cap Blend 0.50% 0.0 (2.0) 2
iShares Latin America 40 ETF ILF US ILF BlackRock ETF 1L (P) NYSE Arca EM Latin America Overall Broad Blend 0.49% 36.2 45.5 748
SPDR S&P Emerging Latin America ETF GML US GML State Street ETF 1L (P) NYSE Arca EM Latin America Overall Broad Blend 0.49% 0.3 4.4 30
iShares MSCI Emerging Markets Latin America ETF EEML US EEML.O BlackRock ETF 1L (P) Nasdaq EM Latin America Overall Broad Blend 0.49% 0.1 - 9
Global X FTSE Andean 40 ETF AND US AND Global X Funds ETF 1L (P) NYSE Arca EM Latin America Overall Large Cap Blend 0.72% 0.0 - 4
BullMark LatAm Select Leaders ETF BMLA US BMLA.O Recon Capital ETF 1L (P) Nasdaq EM Latin America Overall Large Cap Blend 0.70% 0.0 2.5 3
VanEck Vectors Gulf States Index ETF MES US MES VanEck Vectors ETF 1L (P) NYSE Arca EM Middle East Overall Broad Blend 0.98% 0.0 - 7
SPDR S&P Emerging Middle East & Africa ETF GAF US GAF State Street ETF 1L (P) NYSE Arca EM Middle East & Africa Overall Broad Blend 0.49% 0.1 - 28
Countries
Global X MSCI Argentina ETF ARGT US ARGT.K Global X Funds ETF 1L (P) NYSE Arca EM Latin America Argentina Large Cap Blend 0.75% 1.9 18.9 78
iShares MSCI Brazil Capped ETF EWZ US EWZ BlackRock ETF 1L (P) NYSE Arca EM Latin America Brazil Broad Blend 0.62% 581.9 210.2 3,516
Deutsche X-trackers MSCI Brazil Currency-Hedged Equity ETF DBBR US DBBR.K Deutsche AM ETF 1L (P) NYSE Arca EM Latin America Brazil Broad Blend 0.60% 0.0 0.5 4
iShares MSCI Chile Capped ETF ECH US ECH BlackRock ETF 1L (P) NYSE Arca EM Latin America Chile Broad Blend 0.62% 13.0 (20.2) 315
iShares China Large-Cap ETF FXI US FXI BlackRock ETF 1L (P) NYSE Arca EM Asia China Large Cap Blend 0.73% 807.3 (1,291.8) 3,467
iShares MSCI China ETF MCHI US MCHI.K BlackRock ETF 1L (P) NYSE Arca EM Asia China Broad Blend 0.62% 51.5 (98.3) 1,889
SPDR S&P China ETF GXC US GXC State Street ETF 1L (P) NYSE Arca EM Asia China Broad Blend 0.59% 4.0 (41.2) 689
Deutsche X-trackers Harvest CSI 300 China A-Shares ETF ASHR US ASHR.K Deutsche AM ETF 1L (P) NYSE Arca EM Asia China Broad Blend 0.80% 34.1 2.3 405
PowerShares Golden Dragon China Portfolio PGJ US PGJ PowerShares ETF 1L (P) NYSE Arca EM Asia China Broad Blend 0.70% 0.5 (5.7) 146
VanEck Vectors ChinaAMC A-Share ETF PEK US PEK VanEck Vectors ETF 1L (P) NYSE Arca EM Asia China Broad Blend 0.72% 1.0 1.9 73
VanEck Vectors ChinaAMC SME-ChiNext ETF CNXT US CNXT.K VanEck Vectors ETF 1L (P) NYSE Arca EM Asia China Broad Blend 0.68% 1.2 - 39
Deutsche X-trackers Harvest CSI 500 China-A Shares Small Cap
ETF
ASHS US ASHS.K Deutsche AM ETF 1L (P) NYSE Arca EM Asia China Small Cap Blend 0.82% 1.2 (1.4) 24
Guggenheim China All-Cap ETF YAO US YAO Guggenheim Investments ETF 1L (P) NYSE Arca EM Asia China Broad Blend 0.70% 0.1 (2.4) 21
iShares MSCI China A ETF CNYA US CNYA.Z BlackRock ETF 1L (P) BATS EM Asia China Broad Blend 0.65% 0.0 8.6 9
Deutsche X-trackers MSCI All China Equity ETF CN US CN Deutsche AM ETF 1L (P) NYSE Arca EM Asia China Broad Blend 0.71% 0.1 - 7
CSOP FTSE China A50 ETF AFTY US AFTY.K CSOP Asset Management ETF 1L (P) NYSE Arca EM Asia China Broad Blend 0.99% 0.1 (5.0) 5
KraneShares Bosera MSCI China A ETF KBA US KBA KraneShares ETF 1L (P) NYSE Arca EM Asia China Large Cap Blend 1.10% 0.0 - 4
KraneShares Zacks New China ETF KFYP US KFYP.K KraneShares ETF 1L (P) NYSE Arca EM Asia China Large Cap Blend 0.71% 0.1 - 3
Deutsche X-trackers CSI 300 China A-Shares Hedged Equity ETF ASHX US ASHX.K Deutsche AM ETF 1L (P) NYSE Arca EM Asia China Broad Blend 0.85% 0.0 - 2
Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
Pag
e 1
3
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country
Cap.
SizeStyle TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
SPDR MSCI China A Shares IMI ETF XINA US XINA.K State Street ETF 1L (P) NYSE Arca EM Asia China Broad Blend 0.65% 0.0 - 2
CSOP MSCI China A International Hedged ETF CNHX US CNHX.K CSOP Asset Management ETF 1L (P) NYSE Arca EM Asia China Broad Blend 0.79% 0.0 (1.3) 1
CSOP China CSI 300 A-H Dynamic ETF HAHA US HAHA.K CSOP Asset Management ETF 1L (P) NYSE Arca EM Asia China Broad Blend 0.75% 0.0 (2.6) 1
Global X FTSE Colombia 20 ETF GXG US GXG Global X Funds ETF 1L (P) NYSE Arca EM Latin America Colombia Broad Blend 0.68% 1.3 (1.8) 83
iShares MSCI Colombia Capped ETF ICOL US ICOL.K BlackRock ETF 1L (P) NYSE Arca EM Latin America Colombia Broad Blend 0.61% 0.2 (6.0) 17
VanEck Vectors Egypt Index ETF EGPT US EGPT.K VanEck Vectors ETF 1L (P) NYSE Arca EM Africa Egypt Broad Blend 0.98% 0.6 3.9 28
iShares MSCI India ETF INDA US INDA.Z BlackRock ETF 1L (P) BATS EM Asia India Broad Blend 0.68% 50.5 91.8 3,670
iShares India 50 ETF INDY US INDY.O BlackRock ETF 1L (P) Nasdaq EM Asia India Broad Blend 0.93% 5.1 (30.2) 717
PowerShares India Portfolio PIN US PIN PowerShares ETF 1L (P) NYSE Arca EM Asia India Broad Blend 0.81% 17.5 4.9 395
iShares MSCI India Small-Cap ETF SMIN US SMIN.Z BlackRock ETF 1L (P) BATS EM Asia India Small Cap Blend 0.74% 0.5 (9.3) 58
iShares MSCI Indonesia ETF EIDO US EIDO.K BlackRock ETF 1L (P) NYSE Arca EM Asia Indonesia Broad Blend 0.62% 19.7 30.8 561
VanEck Vectors Indonesia Index ETF IDX US IDX VanEck Vectors ETF 1L (P) NYSE Arca EM Asia Indonesia Broad Blend 0.57% 1.7 (15.5) 103
VanEck Vectors Indonesia Small-Cap ETF IDXJ US IDXJ.K VanEck Vectors ETF 1L (P) NYSE Arca EM Asia Indonesia Small Cap Blend 0.61% 0.0 - 6
iShares MSCI Malaysia ETF EWM US EWM BlackRock ETF 1L (P) NYSE Arca EM Asia Malaysia Broad Blend 0.48% 18.6 17.0 316
iShares MSCI Mexico Capped ETF EWW US EWW BlackRock ETF 1L (P) NYSE Arca EM Latin America Mexico Broad Blend 0.48% 111.9 (382.6) 1,048
Deutsche X-trackers MSCI Mexico Hedged Equity ETF DBMX US DBMX.K Deutsche AM ETF 1L (P) NYSE Arca EM Latin America Mexico Broad Blend 0.50% 0.0 - 4
iShares Currency Hedged MSCI Mexico ETF HEWW US HEWW.K BlackRock ETF 1L (P) NYSE Arca EM Latin America Mexico Broad Blend 0.51% 0.0 (1.2) 1
Global X MSCI Nigeria ETF NGE US NGE Global X Funds ETF 1L (P) NYSE Arca EM Africa Nigeria Broad Blend 0.68% 0.7 5.7 24
Global X MSCI Pakistan ETF PAK US PAK Global X Funds ETF 1L (P) NYSE Arca EM Asia Pakistan Broad Blend 0.88% 0.1 4.4 10
iShares MSCI All Peru Capped ETF EPU US EPU BlackRock ETF 1L (P) NYSE Arca EM Latin America Peru Broad Blend 0.62% 7.4 4.6 205
iShares MSCI Philippines ETF EPHE US EPHE.K BlackRock ETF 1L (P) NYSE Arca EM Asia Philippines Broad Blend 0.62% 14.4 26.4 346
iShares MSCI Poland Capped ETF EPOL US EPOL.K BlackRock ETF 1L (P) NYSE Arca EM Europe Poland Broad Blend 0.62% 5.3 (17.6) 165
VanEck Vectors Poland ETF PLND US PLND.P VanEck Vectors ETF 1L (P) NYSE Arca EM Europe Poland Broad Blend 0.60% 0.1 (0.7) 13
iShares MSCI Qatar Capped ETF QAT US QAT.O BlackRock ETF 1L (P) Nasdaq EM Middle East Qatar Broad Blend 0.63% 0.2 (1.9) 44
VanEck Vectors Russia ETF RSX US RSX VanEck Vectors ETF 1L (P) NYSE Arca EM Europe Russia Broad Blend 0.63% 193.6 (379.8) 1,705
iShares MSCI Russia Capped ETF ERUS US ERUS.K BlackRock ETF 1L (P) NYSE Arca EM Europe Russia Broad Blend 0.62% 7.8 31.9 305
SPDR S&P Russia ETF RBL US RBL State Street ETF 1L (P) NYSE Arca EM Europe Russia Broad Blend 0.59% 0.1 (0.8) 23
iShares MSCI Saudi Arabia Capped ETF KSA US KSA.O BlackRock ETF 1L (P) Nasdaq EM Middle East Saudi Arabia Broad Blend 0.74% 0.1 - 5
iShares MSCI South Africa ETF EZA US EZA BlackRock ETF 1L (P) NYSE Arca EM Africa South Africa Broad Blend 0.62% 35.0 (97.8) 342
iShares MSCI South Korea Capped ETF EWY US EWY BlackRock ETF 1L (P) NYSE Arca EM Asia South Korea Broad Blend 0.62% 144.9 (401.9) 3,195
Deutsche X-trackers MSCI South Korea Hedged Equity ETF DBKO US DBKO.K Deutsche AM ETF 1L (P) NYSE Arca EM Asia South Korea Broad Blend 0.58% 1.4 (41.3) 76
WisdomTree Korea Hedged Equity Fund DXKW US DXKW.O WisdomTree ETF 1L (P) Nasdaq EM Asia South Korea Broad Blend 0.58% 0.2 (2.0) 16
iShares Currency Hedged MSCI South Korea ETF HEWY US HEWY.K BlackRock ETF 1L (P) NYSE Arca EM Asia South Korea Broad Blend 0.62% 0.0 - 4
iShares MSCI Taiwan ETF EWT US EWT BlackRock ETF 1L (P) NYSE Arca EM Asia Taiwan Broad Blend 0.62% 104.2 (173.0) 2,367
iShares MSCI Thailand Capped ETF THD US THD BlackRock ETF 1L (P) NYSE Arca EM Asia Thailand Broad Blend 0.62% 15.3 (2.3) 343
iShares MSCI Turkey ETF TUR US TUR BlackRock ETF 1L (P) NYSE Arca EM Europe Turkey Broad Blend 0.62% 16.3 11.9 345
iShares MSCI UAE Capped ETF UAE US UAE.O BlackRock ETF 1L (P) Nasdaq EM Middle East UAE Broad Blend 0.63% 0.2 (6.1) 30
VanEck Vectors Vietnam ETF VNM US VNM VanEck Vectors ETF 1L (P) NYSE Arca EM Asia Vietnam Broad Blend 0.76% 3.8 (4.3) 341
Global
Broad Indices
iShares MSCI All Country Asia ex Japan ETF AAXJ US AAXJ.O BlackRock ETF 1L (P) Nasdaq Overall Asia ex Japan Overall Broad Blend 0.69% 42.0 (187.6) 2,173
SPDR S&P Emerging Asia Pacific ETF GMF US GMF State Street ETF 1L (P) NYSE Arca Overall Asia Pacific Overall Broad Blend 0.49% 2.2 (21.2) 313
BLDRS Asia 50 ADR Index Fund ADRA US ADRA.O PowerShares ETF 1L (P) Nasdaq Overall Asia Pacific Overall Large Cap Blend 0.30% 0.0 (0.1) 20
O'Shares FTSE Asia Pacific Quality Dividend ETF OASI US OASI.K O'Shares Investments ETF 1L (P) NYSE Arca Overall Asia Pacific Overall Broad Dividend 0.58% 0.0 1.2 5 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Pag
e 1
4
Deu
tsch
e B
an
k S
ecu
rities In
c.
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country
Cap.
SizeStyle TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
O'Shares FTSE Asia Pacific Quality Dividend Hedged ETF OAPH US OAPH.K O'Shares Investments ETF 1L (P) NYSE Arca Overall Asia Pacific Overall Broad Dividend 0.68% 0.0 - 2
iShares Asia 50 ETF AIA US AIA BlackRock ETF 1L (P) NYSE Arca Overall Asia Pacific ex Japan Overall Broad Blend 0.50% 1.0 - 310
Deutsche X-trackers MSCI AC Asia Pacific ex Japan Hedged
Equity ETF
DBAP US DBAP.K Deutsche AM ETF 1L (P) NYSE Arca Overall Asia Pacific ex Japan Overall Broad Blend 0.60% 0.0 - 4
iShares MSCI ACWI ETF ACWI US ACWI.O BlackRock ETF 1L (P) Nasdaq Overall Global Overall Broad Blend 0.33% 98.7 67.6 5,540
SPDR MSCI ACWI IMI ETF ACIM US ACIM.K State Street ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.25% 0.2 6.3 49
iShares Currency Hedged MSCI ACWI ETF HACW US HACW.K BlackRock ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.36% 0.0 (1.2) 1
Vanguard FTSE All-World ex-US ETF VEU US VEU Vanguard ETF 1L (P) NYSE Arca Overall Global ex US Overall Broad Blend 0.14% 95.0 263.5 12,921
Vanguard Total International Stock ETF VXUS US VXUS.O Vanguard ETF 1L (P) Nasdaq Overall Global ex US Overall Broad Blend 0.13% 36.4 376.6 5,851
iShares Core MSCI Total International Stock ETF IXUS US IXUS.K BlackRock ETF 1L (P) NYSE Arca Overall Global ex US Overall Broad Blend 0.14% 12.7 299.4 2,202
iShares MSCI ACWI ex U.S. ETF ACWX US ACWX.O BlackRock ETF 1L (P) Nasdaq Overall Global ex US Overall Broad Blend 0.33% 27.2 (46.1) 1,824
SPDR MSCI ACWI ex-US ETF CWI US CWI State Street ETF 1L (P) NYSE Arca Overall Global ex US Overall Broad Blend 0.34% 7.4 32.9 746
Deutsche X-trackers MSCI All World ex US Hedged Equity ETF DBAW US DBAW.K Deutsche AM ETF 1L (P) NYSE Arca Overall Global ex US Overall Broad Blend 0.40% 0.4 (3.3) 65
OppenheimerFunds ADR Revenue ETF RTR US RTR OppenheimerFunds ETF 1L (P) NYSE Arca Overall Global ex US Overall Broad Blend 0.49% 0.0 (3.1) 12
Deutsche X-trackers MSCI All World ex US High Dividend Yield
Hedged Equity ETF
HDAW US HDAW.K Deutsche AM ETF 1L (P) NYSE Arca Overall Global ex US Overall Broad Dividend 0.45% 0.0 (7.7) 3
iShares Currency Hedged MSCI ACWI ex U.S. ETF HAWX US HAWX.K BlackRock ETF 1L (P) NYSE Arca Overall Global ex US Overall Broad Blend 0.36% 0.0 - 2
Size
Large Cap
SPDR S&P 500 ETF SPY US SPY State Street ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.09% 20,299.4 (8,748.1) 178,790
iShares Core S&P 500 ETF IVV US IVV BlackRock ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.07% 740.4 624.7 73,110
Vanguard S&P 500 ETF VOO US VOO Vanguard ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.05% 415.6 2,198.9 46,457
PowerShares QQQ QQQ US QQQ.O PowerShares ETF 1L (P) Nasdaq DM North America US Large Cap Blend 0.20% 2,777.5 (3,722.6) 34,587
iShares Russell 1000 ETF IWB US IWB BlackRock ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.15% 147.3 279.8 15,446
SPDR Dow Jones Industrial Average ETF DIA US DIA State Street ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.17% 601.3 (570.0) 12,076
Guggenheim S&P Equal Weight ETF RSP US RSP Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.40% 68.6 414.8 9,599
Vanguard Large-Cap ETF VV US VV Vanguard ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.10% 32.7 805.7 7,534
Schwab U.S. Large-Cap ETF SCHX US SCHX.K Charles Schwab ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.04% 23.2 299.9 5,807
iShares S&P 100 ETF OEF US OEF BlackRock ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.20% 52.4 (284.2) 4,333
Vanguard Mega Cap ETF MGC US MGC Vanguard ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.09% 4.0 12.3 1,019
Vanguard Russell 1000 ETF VONE US VONE.O Vanguard ETF 1L (P) Nasdaq DM North America US Large Cap Blend 0.12% 2.5 19.5 634
iShares Morningstar Large-Cap ETF JKD US JKD BlackRock ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.20% 1.4 (6.0) 614
Guggenheim S&P 500 Top 50 ETF XLG US XLG Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.20% 2.7 (29.0) 584
First Trust NASDAQ-100 Equal Weighted Index Fund QQEW US QQEW.O First Trust ETF 1L (P) Nasdaq DM North America US Large Cap Blend 0.60% 1.9 (27.2) 370
OppenheimerFunds Large Cap Revenue ETF RWL US RWL OppenheimerFunds ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.49% 1.6 36.4 367
ALPS Equal Sector Weight ETF EQL US EQL ALPS ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.55% 0.5 - 139
First Trust NASDAQ-100 Ex-Technology Sector Index Fund QQXT US QQXT.O First Trust ETF 1L (P) Nasdaq DM North America US Large Cap Blend 0.60% 0.9 (25.4) 132
iShares Russell Top 200 ETF IWL US IWL BlackRock ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.15% 0.5 9.5 101
SPDR Russell 1000 ETF ONEK US ONEK.K State Street ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.10% 0.4 4.9 93
Horizons S&P 500 Covered Call ETF HSPX US HSPX.K Exchange Traded Concepts ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.65% 0.2 - 61
PowerShares Russell 1000 Equal Weight Portfolio EQAL US EQAL.K PowerShares ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.20% 2.0 (64.4) 61
Direxion NASDAQ-100 Equal Weighted Index Shares QQQE US QQQE.K DirexionShares ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.60% 0.7 (18.8) 59
Recon Capital Nasdaq 100 Covered Call ETF QYLD US QYLD.O Recon Capital ETF 1L (P) Nasdaq DM North America US Large Cap Blend 0.60% 0.4 5.5 44
John Hancock Multifactor Large Cap ETF JHML US JHML.K John Hancock Investments ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.35% 0.2 12.0 34
ProShares S&P 500 Ex-Energy ETF SPXE US SPXE.K ProShares ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.27% 0.1 1.1 9
SPDR MFS Systematic Core Equity ETF SYE US SYE State Street ETF 1L (A) NYSE Arca DM North America US Large Cap Blend 0.60% 0.1 - 6 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
Pag
e 1
5
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country
Cap.
SizeStyle TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
FlexShares US Quality Large Cap Index Fund QLC US QLC.O FlexShares ETF 1L (P) Nasdaq DM North America US Large Cap Blend 0.32% 0.0 - 4
ProShares S&P 500 Ex-Technology ETF SPXT US SPXT.K ProShares ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.27% 0.0 1.1 3
ProShares S&P 500 Ex-Financials ETF SPXN US SPXN.K ProShares ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.27% 0.0 - 2
ProShares S&P 500 Ex-Health Care ETF SPXV US SPXV.K ProShares ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.27% 0.0 - 2
Mid Cap
Global X Brazil Mid Cap ETF BRAZ US BRAZ.K Global X Funds ETF 1L (P) NYSE Arca EM Latin America Brazil Mid Cap Blend 0.69% 0.0 - 4
SPDR S&P International Mid Cap ETF MDD US MDD State Street ETF 1L (P) NYSE Arca DM Global ex US Overall Mid Cap Blend 0.45% 0.1 - 47
iShares Core S&P Mid-Cap ETF IJH US IJH BlackRock ETF 1L (P) NYSE Arca DM North America US Mid Cap Blend 0.12% 142.0 (101.4) 27,428
SPDR S&P MidCap 400 ETF MDY US MDY State Street ETF 1L (P) NYSE Arca DM North America US Mid Cap Blend 0.25% 472.6 367.5 16,282
Vanguard Mid-Cap ETF VO US VO Vanguard ETF 1L (P) NYSE Arca DM North America US Mid Cap Blend 0.10% 48.3 124.7 13,993
iShares Russell Mid-Cap ETF IWR US IWR BlackRock ETF 1L (P) NYSE Arca DM North America US Mid Cap Blend 0.20% 31.1 (48.4) 12,509
Schwab U.S. Mid-Cap ETF SCHM US SCHM.K Charles Schwab ETF 1L (P) NYSE Arca DM North America US Mid Cap Blend 0.07% 10.9 172.4 2,279
iShares Morningstar Mid-Cap ETF JKG US JKG BlackRock ETF 1L (P) NYSE Arca DM North America US Mid Cap Blend 0.25% 2.2 7.5 560
Vanguard S&P Mid-Cap 400 ETF IVOO US IVOO.K Vanguard ETF 1L (P) NYSE Arca DM North America US Mid Cap Blend 0.15% 1.7 46.6 441
OppenheimerFunds Mid Cap Revenue ETF RWK US RWK OppenheimerFunds ETF 1L (P) NYSE Arca DM North America US Mid Cap Blend 0.54% 0.5 (7.0) 186
Guggenheim S&P MidCap 400 Equal Weight ETF EWMC US EWMC.K Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US Mid Cap Blend 0.40% 0.4 (7.4) 83
John Hancock Multifactor Mid Cap ETF JHMM US JHMM.K John Hancock Investments ETF 1L (P) NYSE Arca DM North America US Mid Cap Blend 0.45% 0.1 2.6 23
Small Cap
IQ Australia Small Cap ETF KROO US KROO.K IndexIQ Advisors ETF 1L (P) NYSE Arca DM Pacific Australia Small Cap Blend 0.69% 0.1 2.2 7
VanEck Vectors Brazil Small-Cap ETF BRF US BRF VanEck Vectors ETF 1L (P) NYSE Arca EM Latin America Brazil Small Cap Blend 0.59% 0.7 (2.9) 93
iShares MSCI Brazil Small-Cap ETF EWZS US EWZS.K BlackRock ETF 1L (P) NYSE Arca EM Latin America Brazil Small Cap Blend 0.62% 0.2 1.8 35
IQ Canada Small Cap ETF CNDA US CNDA.K IndexIQ Advisors ETF 1L (P) NYSE Arca DM North America Canada Small Cap Blend 0.69% 0.0 0.8 11
Guggenheim China Small Cap ETF HAO US HAO Guggenheim Investments ETF 1L (P) NYSE Arca EM Asia China Small Cap Blend 0.75% 0.7 (7.8) 96
iShares MSCI China Small-Cap ETF ECNS US ECNS.K BlackRock ETF 1L (P) NYSE Arca EM Asia China Small Cap Blend 0.62% 0.1 (2.0) 18
iShares MSCI Germany Small-Cap ETF EWGS US EWGS.Z BlackRock ETF 1L (P) BATS DM Eurozone Germany Small Cap Blend 0.59% 0.2 (1.9) 22
VanEck Vectors India Small-Cap Index ETF SCIF US SCIF.K VanEck Vectors ETF 1L (P) NYSE Arca EM Asia India Small Cap Blend 0.85% 2.8 22.1 192
EGShares India Small Cap ETF SCIN US SCIN.K Emerging Global Shares ETF 1L (P) NYSE Arca EM Asia India Small Cap Blend 0.85% 0.1 (0.7) 20
iShares MSCI Japan Small-Cap ETF SCJ US SCJ BlackRock ETF 1L (P) NYSE Arca DM Pacific Japan Small Cap Blend 0.48% 2.4 (17.8) 168
SPDR Russell/Nomura Small Cap Japan ETF JSC US JSC State Street ETF 1L (P) NYSE Arca DM Pacific Japan Small Cap Blend 0.40% 0.1 (5.4) 52
iShares Currency Hedged MSCI Europe Small-Cap ETF HEUS US HEUS.Z BlackRock ETF 1L (P) BATS DM Europe Overall Small Cap Blend 0.43% 0.0 (0.1) 2
SPDR S&P Emerging Markets Small Cap ETF EWX US EWX State Street ETF 1L (P) NYSE Arca EM Global Overall Small Cap Blend 0.65% 2.1 (7.7) 307
iShares MSCI Emerging Markets Small-Cap ETF EEMS US EEMS.K BlackRock ETF 1L (P) NYSE Arca EM Global Overall Small Cap Blend 0.69% 1.0 - 96
IQ Global Oil Small Cap ETF IOIL US IOIL.K IndexIQ Advisors ETF 1L (P) NYSE Arca Overall Global Overall Small Cap Blend 0.75% 0.0 - 3
iShares MSCI EAFE Small-Cap ETF SCZ US SCZ BlackRock ETF 1L (P) NYSE Arca DM Global ex US Overall Small Cap Blend 0.40% 38.5 436.4 5,616
Vanguard FTSE All-World ex-US Small-Cap ETF VSS US VSS Vanguard ETF 1L (P) NYSE Arca Overall Global ex US Overall Small Cap Blend 0.17% 8.4 76.1 2,528
Schwab International Small-Cap Equity ETF SCHC US SCHC.K Charles Schwab ETF 1L (P) NYSE Arca DM Global ex US Overall Small Cap Blend 0.20% 3.0 64.7 727
SPDR S&P International Small Cap ETF GWX US GWX State Street ETF 1L (P) NYSE Arca DM Global ex US Overall Small Cap Blend 0.40% 3.9 26.0 690
iShares Currency Hedged MSCI EAFE Small-Cap ETF HSCZ US HSCZ.K BlackRock ETF 1L (P) NYSE Arca DM Global ex US Overall Small Cap Blend 0.43% 0.0 - 8
VanEck Vectors Russia Small-Cap ETF RSXJ US RSXJ.K VanEck Vectors ETF 1L (P) NYSE Arca EM Europe Russia Small Cap Blend 0.67% 0.8 8.3 54
iShares MSCI United Kingdom Small-Cap ETF EWUS US EWUS.Z BlackRock ETF 1L (P) BATS DM Europe UK Small Cap Blend 0.59% 0.9 3.6 15
iShares Russell 2000 ETF IWM US IWM BlackRock ETF 1L (P) NYSE Arca DM North America US Small Cap Blend 0.20% 3,314.5 (1,072.1) 25,125
iShares Core S&P Small-Cap ETF IJR US IJR BlackRock ETF 1L (P) NYSE Arca DM North America US Small Cap Blend 0.12% 93.1 235.9 18,105
Vanguard Small-Cap ETF VB US VB Vanguard ETF 1L (P) NYSE Arca DM North America US Small Cap Blend 0.10% 64.0 555.3 12,802
Schwab U.S. Small-Cap ETF SCHA US SCHA.K Charles Schwab ETF 1L (P) NYSE Arca DM North America US Small Cap Blend 0.08% 13.8 112.7 3,396 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Pag
e 1
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country
Cap.
SizeStyle TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
FlexShares Morningstar US Market Factors Tilt Index Fund TILT US TILT.K FlexShares ETF 1L (P) NYSE Arca DM North America US Small Cap Growth 0.27% 1.2 (4.2) 751
iShares Micro-Cap ETF IWC US IWC BlackRock ETF 1L (P) NYSE Arca DM North America US Small Cap Blend 0.60% 4.0 (17.1) 704
Vanguard Russell 2000 ETF VTWO US VTWO.O Vanguard ETF 1L (P) Nasdaq DM North America US Small Cap Blend 0.23% 3.3 13.8 592
SPDR S&P 600 Small Cap ETF SLY US SLY State Street ETF 1L (P) NYSE Arca DM North America US Small Cap Blend 0.15% 1.7 10.4 443
PowerShares S&P SmallCap Information Technology Portfolio PSCT US PSCT.O PowerShares ETF 1L (P) Nasdaq DM North America US Small Cap Blend 0.29% 1.7 (35.4) 364
OppenheimerFunds Small Cap Revenue ETF RWJ US RWJ OppenheimerFunds ETF 1L (P) NYSE Arca DM North America US Small Cap Blend 0.54% 1.1 8.1 297
Vanguard S&P Small-Cap 600 ETF VIOO US VIOO.K Vanguard ETF 1L (P) NYSE Arca DM North America US Small Cap Blend 0.18% 1.6 43.6 287
PowerShares S&P SmallCap Health Care Portfolio PSCH US PSCH.O PowerShares ETF 1L (P) Nasdaq DM North America US Small Cap Blend 0.29% 1.3 (13.5) 202
iShares Morningstar Small-Cap ETF JKJ US JKJ BlackRock ETF 1L (P) NYSE Arca DM North America US Small Cap Blend 0.25% 0.4 - 197
PowerShares S&P SmallCap Financials Portfolio PSCF US PSCF.O PowerShares ETF 1L (P) Nasdaq DM North America US Small Cap Blend 0.44% 0.6 (10.4) 190
PowerShares S&P SmallCap Utilities Portfolio PSCU US PSCU.O PowerShares ETF 1L (P) Nasdaq DM North America US Small Cap Blend 0.29% 1.1 (0.2) 151
SPDR Russell 2000 ETF TWOK US TWOK.K State Street ETF 1L (P) NYSE Arca DM North America US Small Cap Blend 0.12% 0.4 - 88
PowerShares S&P SmallCap Consumer Staples Portfolio PSCC US PSCC.O PowerShares ETF 1L (P) Nasdaq DM North America US Small Cap Blend 0.29% 1.2 38.0 85
PowerShares S&P SmallCap Consumer Discretionary Portfolio PSCD US PSCD.O PowerShares ETF 1L (P) Nasdaq DM North America US Small Cap Blend 0.29% 0.2 (9.5) 76
SPDR Russell Small Cap Completeness ETF RSCO US RSCO.K State Street ETF 1L (P) NYSE Arca DM North America US Small Cap Blend 0.10% 0.1 (3.8) 63
PowerShares S&P SmallCap Industrials Portfolio PSCI US PSCI.O PowerShares ETF 1L (P) Nasdaq DM North America US Small Cap Blend 0.29% 0.3 (13.5) 55
PowerShares S&P SmallCap Energy Portfolio PSCE US PSCE.O PowerShares ETF 1L (P) Nasdaq DM North America US Small Cap Blend 0.29% 0.4 5.5 54
Guggenheim S&P Small Cap 600 Equal Weight ETF EWSC US EWSC.K Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US Small Cap Blend 0.40% 0.1 (0.0) 39
PowerShares S&P SmallCap Materials Portfolio PSCM US PSCM.O PowerShares ETF 1L (P) Nasdaq DM North America US Small Cap Blend 0.29% 0.2 5.2 14
Sector
Consumer Discretionary
Global X Brazil Consumer ETF BRAQ US BRAQ.K Global X Funds ETF 1L (P) NYSE Arca EM Latin America Brazil Broad Blend 0.77% 0.0 - 4
Global X China Consumer ETF CHIQ US CHIQ.K Global X Funds ETF 1L (P) NYSE Arca EM Asia China Broad Blend 0.65% 0.3 (1.6) 78
EGShares Emerging Markets Consumer ETF ECON US ECON.K Emerging Global Shares ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.85% 2.7 (5.3) 621
iShares Global Consumer Discretionary ETF RXI US RXI BlackRock ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.47% 1.6 (17.6) 236
First Trust NASDAQ Global Auto Index Fund CARZ US CARZ.O First Trust ETF 1L (P) Nasdaq DM Global Overall Large Cap Blend 0.70% 0.2 (3.2) 22
SPDR S&P International Consumer Discretionary Sector ETF IPD US IPD State Street ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.40% 0.1 1.7 12
Consumer Discretionary Select Sector SPDR Fund XLY US XLY State Street ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.14% 449.2 (931.4) 9,653
Vanguard Consumer Discretionary ETF VCR US VCR Vanguard ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.10% 9.3 (64.6) 1,762
iShares U.S. Consumer Services ETF IYC US IYC BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.43% 6.3 (107.6) 869
SPDR S&P Retail ETF XRT US XRT State Street ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.35% 230.1 (50.1) 502
Fidelity MSCI Consumer Discretionary Index ETF FDIS US FDIS.K Fidelity Investments ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.12% 2.5 (31.0) 223
VanEck Vectors Retail ETF RTH US RTH VanEck Vectors ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.35% 2.5 (11.1) 129
Guggenheim S&P Equal Weight Consumer Discretionary ETF RCD US RCD Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.50% 0.9 (8.5) 84
Consumer Staples
iShares Global Consumer Staples ETF KXI US KXI BlackRock ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.47% 2.5 4.9 660
SPDR S&P International Consumer Staples Sector ETF IPS US IPS State Street ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.40% 0.2 (2.1) 33
Consumer Staples Select Sector SPDR Fund XLP US XLP State Street ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.14% 592.7 (667.9) 10,059
Vanguard Consumer Staples ETF VDC US VDC Vanguard ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.10% 16.5 133.7 3,339
Guggenheim S&P Equal Weight Consumer Staples ETF RHS US RHS Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.50% 7.4 92.1 812
iShares U.S. Consumer Goods ETF IYK US IYK BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.43% 10.1 (97.2) 778
Fidelity MSCI Consumer Staples Index ETF FSTA US FSTA.K Fidelity Investments ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.12% 3.0 (13.8) 280
Energy
Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
Pag
e 1
7
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country
Cap.
SizeStyle TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
Energy
Guggenheim Canadian Energy Income ETF ENY US ENY Guggenheim Investments ETF 1L (P) NYSE Arca DM North America Canada Broad Blend 0.70% 0.1 (0.8) 30
Global X China Energy ETF CHIE US CHIE.K Global X Funds ETF 1L (P) NYSE Arca EM Asia China Broad Blend 0.65% 0.0 - 2
iShares Global Energy ETF IXC US IXC BlackRock ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.47% 5.9 (23.9) 1,091
WisdomTree Global Natural Resources Fund GNAT US GNAT.K WisdomTree ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.58% 0.1 - 17
SPDR S&P International Energy Sector ETF IPW US IPW State Street ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.40% 0.8 9.6 35
Energy Select Sector SPDR Fund XLE US XLE State Street ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.14% 1,016.1 196.7 14,341
Vanguard Energy ETF VDE US VDE Vanguard ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.10% 23.2 31.9 3,930
SPDR S&P Oil & Gas Exploration & Production ETF XOP US XOP State Street ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.35% 588.3 190.1 1,990
iShares U.S. Energy ETF IYE US IYE BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.43% 57.3 125.4 1,284
iShares North American Natural Resources ETF IGE US IGE BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.47% 23.5 (69.3) 1,083
VanEck Vectors Oil Services ETF OIH US OIH VanEck Vectors ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.35% 174.8 (27.0) 953
Fidelity MSCI Energy Index ETF FENY US FENY.K Fidelity Investments ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.12% 3.7 66.4 439
iShares U.S. Oil & Gas Exploration & Production ETF IEO US IEO BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.43% 11.7 (33.8) 366
SPDR S&P Oil & Gas Equipment & Services ETF XES US XES State Street ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.35% 12.0 30.8 239
Guggenheim S&P Equal Weight Energy ETF RYE US RYE Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.50% 1.8 21.4 236
iShares U.S. Oil Equipment & Services ETF IEZ US IEZ BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.43% 2.9 (18.8) 234
First Trust ISE-Revere Natural Gas Index Fund FCG US FCG First Trust ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.60% 28.9 (19.1) 219
Financials
Global X China Financials ETF CHIX US CHIX.K Global X Funds ETF 1L (P) NYSE Arca EM Asia China Broad Blend 0.65% 0.1 (1.8) 16
Guggenheim China Real Estate ETF TAO US TAO Guggenheim Investments ETF 1L (P) NYSE Arca EM Asia China Broad Blend 0.70% 0.0 (0.9) 13
WisdomTree Japan Hedged Real Estate Fund DXJR US DXJR.K WisdomTree ETF 1L (P) NYSE Arca DM Pacific Japan Broad Blend 0.43% 1.1 (6.7) 134
WisdomTree Japan Hedged Financials Fund DXJF US DXJF.K WisdomTree ETF 1L (P) NYSE Arca DM Pacific Japan Broad Blend 0.43% 0.2 (2.6) 8
iShares MSCI Europe Financials ETF EUFN US EUFN.O BlackRock ETF 1L (P) Nasdaq DM Europe Overall Broad Blend 0.48% 8.2 78.4 284
iShares Europe Developed Real Estate ETF IFEU US IFEU.O BlackRock ETF 1L (P) Nasdaq DM Europe Overall Broad Blend 0.48% 0.6 5.6 71
SPDR Dow Jones Global Real Estate ETF RWO US RWO State Street ETF 1L (P) NYSE Arca DM Global Overall Broad Blend 0.50% 9.8 102.8 2,344
FlexShares Global Quality Real Estate Index Fund GQRE US GQRE.K FlexShares ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.45% 0.6 8.8 203
iShares Global Financials ETF IXG US IXG BlackRock ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.47% 1.6 (20.0) 200
iShares Global REIT ETF REET US REET.K BlackRock ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.14% 1.2 30.7 174
Cohen & Steers Global Realty Majors ETF GRI US GRI ALPS ETF 1L (P) NYSE Arca DM Global Overall Broad Blend 0.55% 0.2 (2.2) 99
First Trust FTSE EPRA/NAREIT Developed Markets Real Estate
Index Fund
FFR US FFR First Trust ETF 1L (P) NYSE Arca DM Global Overall Broad Blend 0.60% 0.2 (4.5) 83
Global X SuperDividend REIT ETF SRET US SRET.O Global X Funds ETF 1L (P) Nasdaq Overall Global Overall Broad Dividend 0.58% 0.2 5.8 11
Guggenheim Emerging Market Real Estate ETF EMRE US EMRE.K Guggenheim Investments ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.65% 0.0 - 2
SPDR Dow Jones International Real Estate ETF RWX US RWX State Street ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.59% 26.8 53.8 4,691
Vanguard Global ex-U.S. Real Estate ETF VNQI US VNQI.O Vanguard ETF 1L (P) Nasdaq Overall Global ex US Overall Broad Blend 0.18% 17.2 268.9 3,502
iShares International Developed Real Estate ETF IFGL US IFGL.O BlackRock ETF 1L (P) Nasdaq DM Global ex US Overall Broad Blend 0.48% 4.2 99.4 758
iShares International Developed Property ETF WPS US WPS BlackRock ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.48% 0.5 - 146
WisdomTree Global ex-US Real Estate Fund DRW US DRW WisdomTree ETF 1L (P) NYSE Arca Overall Global ex US Overall Broad Blend 0.58% 0.4 (2.8) 91
SPDR S&P International Financial Sector ETF IPF US IPF State Street ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.40% 0.1 1.0 7
SPDR MSCI International Real Estate Currency Hedged ETF HREX US HREX.K State Street ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.48% 0.0 - 4
Deutsche X-trackers Dow Jones Hedged International Real
Estate ETF
DBRE US DBRE.K Deutsche AM ETF 1L (P) NYSE Arca Overall Global ex US Overall Broad Blend 0.48% 0.1 (4.8) 3
Tierra XP Latin America Real Estate ETF LARE US LARE.K ETFMG ETF 1L (P) NYSE Arca EM Latin America Overall Broad Blend 0.79% 0.1 - 3
Vanguard REIT ETF VNQ US VNQ Vanguard ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.12% 307.2 2,367.4 34,398
Financial Select Sector SPDR Fund XLF US XLF State Street ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.14% 1,014.3 (1,156.6) 15,042
iShares U.S. Real Estate ETF IYR US IYR BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.43% 637.9 (29.1) 4,702 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Pag
e 1
8
Deu
tsch
e B
an
k S
ecu
rities In
c.
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country
Cap.
SizeStyle TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
iShares Cohen & Steers REIT ETF ICF US ICF BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.35% 20.0 88.6 4,055
SPDR Dow Jones REIT ETF RWR US RWR State Street ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.25% 24.3 104.1 3,816
Vanguard Financials ETF VFH US VFH Vanguard ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.10% 24.3 (192.7) 3,374
Schwab US REIT ETF SCHH US SCHH.K Charles Schwab ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.07% 17.2 361.0 2,543
SPDR S&P Bank ETF KBE US KBE State Street ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.35% 93.7 (224.1) 2,079
SPDR S&P Regional Banking ETF KRE US KRE State Street ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.35% 216.0 102.8 1,638
iShares U.S. Financials ETF IYF US IYF BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.43% 36.6 152.9 1,307
iShares Mortgage Real Estate Capped ETF REM US REM BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.48% 17.7 303.9 1,116
SPDR S&P Insurance ETF KIE US KIE State Street ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.35% 11.3 102.5 580
iShares U.S. Financial Services ETF IYG US IYG BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.43% 7.5 (9.1) 548
iShares Residential Real Estate Capped ETF REZ US REZ BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.48% 4.6 35.7 446
PowerShares KBW Bank Portfolio KBWB US KBWB.K PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.35% 11.1 32.1 362
First Trust S&P REIT Index Fund FRI US FRI First Trust ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.50% 3.2 64.4 323
iShares U.S. Regional Banks ETF IAT US IAT BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.43% 9.2 (101.2) 314
Fidelity MSCI Financials Index ETF FNCL US FNCL.K Fidelity Investments ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.12% 2.8 15.4 245
PowerShares KBW High Dividend Yield Financial Portfolio KBWD US KBWD.K PowerShares ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 1.48% 0.9 9.6 197
First Trust NASDAQ ABA Community Bank Index Fund QABA US QABA.O First Trust ETF 1L (P) Nasdaq DM North America US Broad Blend 0.60% 1.1 (3.7) 169
Guggenheim S&P Equal Weight Financial ETF RYF US RYF Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.50% 1.7 13.4 158
PowerShares KBW Premium Yield Equity REIT Portfolio KBWY US KBWY.K PowerShares ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.35% 0.9 28.3 158
Fidelity MSCI Real Estate Index ETF FREL US FREL.K Fidelity Investments ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.12% 1.7 72.1 133
PowerShares KBW Regional Banking Portfolio KBWR US KBWR.K PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.35% 0.4 - 113
VanEck Vectors Mortgage REIT Income ETF MORT US MORT.K VanEck Vectors ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.40% 0.5 1.0 105
iShares U.S. Insurance ETF IAK US IAK BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.43% 0.6 (5.0) 97
SPDR S&P Capital Markets ETF KCE US KCE State Street ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.35% 0.3 - 85
iShares U.S. Broker-Dealers & Securities Exchanges ETF IAI US IAI BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.43% 1.4 (23.5) 85
iShares Real Estate 50 ETF FTY US FTY BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.48% 0.2 - 80
IQ US Real Estate Small Cap ETF ROOF US ROOF.K IndexIQ Advisors ETF 1L (P) NYSE Arca DM North America US Small Cap Blend 0.69% 0.4 (8.9) 73
PowerShares KBW Property & Casualty Insurance Portfolio KBWP US KBWP.K PowerShares ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.35% 0.6 (12.1) 73
Wilshire US REIT ETF WREI US WREI.K Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.32% 0.1 0.1 22
OppenheimerFunds Financials Sector Revenue ETF RWW US RWW OppenheimerFunds ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.49% 0.1 - 21
Real Estate Select Sector SPDR Fund XLRE US XLRE.K State Street ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.14% 0.1 1.6 13
Financial Services Select Sector SPDR Fund XLFS US XLFS.K State Street ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.14% 0.2 - 13
Guggenheim S&P 500 Equal Weight Real Estate ETF EWRE US EWRE.K Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.40% 0.0 (0.0) 3
Healthcare
WisdomTree Japan Hedged Health Care Fund DXJH US DXJH.K WisdomTree ETF 1L (P) NYSE Arca DM Pacific Japan Broad Blend 0.43% 0.1 (5.1) 13
iShares Global Healthcare ETF IXJ US IXJ BlackRock ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.47% 11.7 (35.8) 1,652
SPDR S&P International Health Care Sector ETF IRY US IRY State Street ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.40% 0.3 (2.3) 56
Health Care Select Sector SPDR Fund XLV US XLV State Street ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.14% 754.0 270.6 12,448
iShares Nasdaq Biotechnology ETF IBB US IBB.O BlackRock ETF 1L (P) Nasdaq DM North America US Broad Blend 0.48% 532.8 140.2 6,424
Vanguard Health Care ETF VHT US VHT Vanguard ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.09% 21.5 (90.6) 5,446
SPDR S&P Biotech ETF XBI US XBI State Street ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.35% 411.6 16.9 1,985
iShares U.S. Healthcare ETF IYH US IYH BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.43% 14.7 52.5 1,899
iShares U.S. Medical Devices ETF IHI US IHI BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.43% 14.4 273.1 1,234
First Trust NYSE Arca Biotechnology Index Fund FBT US FBT First Trust ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.60% 8.7 (45.5) 815 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
Pag
e 1
9
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country
Cap.
SizeStyle TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
iShares U.S. Healthcare Providers ETF IHF US IHF BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.43% 7.2 (0.1) 707
iShares U.S. Pharmaceuticals ETF IHE US IHE BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.43% 5.3 (51.4) 622
Fidelity MSCI Health Care Index ETF FHLC US FHLC.K Fidelity Investments ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.12% 3.5 1.9 606
VanEck Vectors Biotech ETF BBH US BBH VanEck Vectors ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.35% 9.2 (3.1) 507
SPDR S&P Pharmaceuticals ETF XPH US XPH State Street ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.35% 8.8 (5.7) 506
Guggenheim S&P Equal Weight Health Care ETF RYH US RYH Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.50% 3.4 (20.8) 490
SPDR S&P Health Care Services ETF XHS US XHS State Street ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.35% 1.1 2.4 284
VanEck Vectors Pharmaceutical ETF PPH US PPH VanEck Vectors ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.35% 4.1 3.6 260
SPDR S&P Health Care Equipment ETF XHE US XHE State Street ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.35% 0.1 - 47
Industrials
Global X China Industrials ETF CHII US CHII.K Global X Funds ETF 1L (P) NYSE Arca EM Asia China Broad Blend 0.65% 0.0 - 3
WisdomTree Japan Hedged Capital Goods Fund DXJC US DXJC.K WisdomTree ETF 1L (P) NYSE Arca DM Pacific Japan Broad Blend 0.43% 0.0 (1.0) 2
iShares Global Industrials ETF EXI US EXI BlackRock ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.47% 0.9 (14.2) 174
SPDR S&P International Industrial Sector ETF IPN US IPN State Street ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.40% 0.1 2.8 15
Industrial Select Sector SPDR Fund XLI US XLI State Street ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.14% 692.3 (120.9) 6,575
Vanguard Industrials ETF VIS US VIS Vanguard ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.10% 9.1 (13.2) 2,094
iShares U.S. Industrials ETF IYJ US IYJ BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.43% 12.1 286.0 863
iShares U.S. Aerospace & Defense ETF ITA US ITA BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.43% 8.8 93.7 774
iShares Transportation Average ETF IYT US IYT BlackRock ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.43% 49.1 (81.4) 490
SPDR S&P Aerospace & Defense ETF XAR US XAR State Street ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.35% 0.7 11.1 181
SPDR S&P Transportation ETF XTN US XTN State Street ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.35% 1.2 (28.4) 170
Fidelity MSCI Industrials Index ETF FIDU US FIDU.K Fidelity Investments ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.12% 2.1 9.6 155
Guggenheim S&P Equal Weight Industrials ETF RGI US RGI Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.50% 1.8 43.1 110
Information Technology
KraneShares CSI China Internet ETF KWEB US KWEB.O KraneShares ETF 1L (P) Nasdaq EM Asia China Broad Blend 0.68% 3.6 (13.3) 148
Guggenheim China Technology ETF CQQQ US CQQQ.K Guggenheim Investments ETF 1L (P) NYSE Arca EM Asia China Broad Blend 0.70% 0.2 (1.7) 45
Global X NASDAQ China Technology ETF QQQC US QQQC.O Global X Funds ETF 1L (P) Nasdaq EM Asia China Broad Blend 0.65% 0.1 (1.1) 12
WisdomTree Japan Hedged Tech Media & Telecom Fund DXJT US DXJT.K WisdomTree ETF 1L (P) NYSE Arca DM Pacific Japan Broad Blend 0.43% 0.0 - 2
iShares Global Tech ETF IXN US IXN BlackRock ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.47% 2.7 (24.7) 720
SPDR S&P International Technology Sector ETF IPK US IPK State Street ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.40% 0.1 - 9
Technology Select Sector SPDR Fund XLK US XLK State Street ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.14% 421.6 (800.2) 12,199
Vanguard Information Technology ETF VGT US VGT Vanguard ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.10% 33.7 (93.7) 8,253
First Trust Dow Jones Internet Index Fund FDN US FDN First Trust ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.60% 30.7 (71.9) 3,068
iShares U.S. Technology ETF IYW US IYW BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.43% 24.8 (95.2) 2,320
iShares North American Tech-Software ETF IGV US IGV BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.47% 25.3 57.4 799
iShares North American Tech ETF IGM US IGM BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.47% 4.1 (81.0) 775
Guggenheim S&P Equal Weight Technology ETF RYT US RYT Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.50% 5.0 29.3 691
First Trust ISE Cloud Computing Index Fund SKYY US SKYY.O First Trust ETF 1L (P) Nasdaq DM North America US Large Cap Blend 0.60% 2.0 (19.7) 514
SPDR Morgan Stanley Technology ETF MTK US MTK State Street ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.35% 0.9 (2.8) 489
iShares PHLX Semiconductor ETF SOXX US SOXX.O BlackRock ETF 1L (P) Nasdaq DM North America US Broad Blend 0.47% 44.7 82.2 469
Fidelity MSCI Information Technology Index ETF FTEC US FTEC.K Fidelity Investments ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.12% 3.4 20.0 391
VanEck Vectors Semiconductor ETF SMH US SMH VanEck Vectors ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.35% 164.7 152.1 355
PowerShares NASDAQ Internet Portfolio PNQI US PNQI.O PowerShares ETF 1L (P) Nasdaq DM North America US Broad Blend 0.60% 1.6 (15.2) 261
First Trust NASDAQ-100-Technology Sector Index Fund QTEC US QTEC.O First Trust ETF 1L (P) Nasdaq DM North America US Large Cap Blend 0.60% 1.2 (27.7) 258 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Pag
e 2
0
Deu
tsch
e B
an
k S
ecu
rities In
c.
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country
Cap.
SizeStyle TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
SPDR S&P Semiconductor ETF XSD US XSD State Street ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.35% 3.0 (3.2) 196
Global X Social Media Index ETF SOCL US SOCL.O Global X Funds ETF 1L (P) Nasdaq DM North America US Large Cap Blend 0.65% 0.4 (4.8) 65
iShares North American Tech-Multimedia Networking ETF IGN US IGN BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.47% 2.3 0.0 49
SPDR S&P Software & Services ETF XSW US XSW State Street ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.35% 0.2 (2.5) 46
Materials
Global X China Materials ETF CHIM US CHIM.K Global X Funds ETF 1L (P) NYSE Arca EM Asia China Broad Blend 0.65% 0.0 - 1
iShares Global Materials ETF MXI US MXI BlackRock ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.47% 1.8 37.0 220
WisdomTree Commodity Country Equity Fund CCXE US CCXE.K WisdomTree ETF 1L (P) NYSE Arca Overall Global ex US Overall Broad Blend 0.58% 0.0 - 7
SPDR S&P International Materials Sector ETF IRV US IRV State Street ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.40% 0.0 - 4
Materials Select Sector SPDR Fund XLB US XLB State Street ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.14% 263.3 20.5 2,476
iShares U.S. Home Construction ETF ITB US ITB BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.43% 84.9 (9.4) 1,496
SPDR S&P Homebuilders ETF XHB US XHB State Street ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.35% 101.5 (300.6) 1,244
Vanguard Materials ETF VAW US VAW Vanguard ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.10% 10.7 65.6 1,225
SPDR S&P Metals and Mining ETF XME US XME State Street ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.35% 193.8 36.4 594
iShares U.S. Basic Materials ETF IYM US IYM BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.43% 14.1 163.5 531
Fidelity MSCI Materials Index ETF FMAT US FMAT.K Fidelity Investments ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.12% 1.7 51.0 104
Guggenheim S&P Equal Weight Materials ETF RTM US RTM Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.50% 1.5 28.3 84
Telecommunication Services
iShares Global Telecom ETF IXP US IXP BlackRock ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.47% 2.3 (12.5) 400
SPDR S&P International Telecommunications Sector ETF IST US IST State Street ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.40% 0.2 (1.3) 29
Vanguard Telecommunication Services ETF VOX US VOX Vanguard ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.10% 14.6 89.2 1,545
iShares U.S. Telecommunications ETF IYZ US IYZ BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.43% 17.9 193.3 808
Fidelity MSCI Telecommunication Services Index ETF FCOM US FCOM.K Fidelity Investments ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.12% 1.5 4.6 165
SPDR S&P Telecom ETF XTL US XTL State Street ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.35% 0.3 (8.5) 23
First Trust NASDAQ CEA Smartphone Index Fund FONE US FONE.O First Trust ETF 1L (P) Nasdaq DM North America US Broad Blend 0.70% 0.0 (1.9) 9
Utilit ies
iShares Global Utilities ETF JXI US JXI BlackRock ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.47% 7.3 (2.5) 170
SPDR S&P International Utilities Sector ETF IPU US IPU State Street ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.40% 1.0 (18.3) 32
WisdomTree Global ex-US Utilities Fund DBU US DBU WisdomTree ETF 1L (P) NYSE Arca Overall Global ex US Overall Broad Blend 0.58% 0.0 - 15
Utilities Select Sector SPDR Fund XLU US XLU State Street ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.14% 718.9 325.6 9,050
Vanguard Utilities ETF VPU US VPU Vanguard ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.10% 28.7 119.0 2,693
iShares U.S. Utilities ETF IDU US IDU BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.43% 27.7 29.8 1,070
Guggenheim S&P Equal Weight Utiliites ETF RYU US RYU Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.50% 3.4 61.7 289
Fidelity MSCI Utilities Index ETF FUTY US FUTY.K Fidelity Investments ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.12% 3.3 (15.0) 255
Style
Dividend
WisdomTree Australia Dividend Fund AUSE US AUSE.K WisdomTree ETF 1L (P) NYSE Arca DM Pacific Australia Broad Dividend 0.58% 0.2 - 34
WisdomTree Japan SmallCap Dividend Fund DFJ US DFJ WisdomTree ETF 1L (P) NYSE Arca DM Pacific Japan Small Cap Dividend 0.58% 2.8 (28.2) 397
iShares Asia/Pacific Dividend ETF DVYA US DVYA.K BlackRock ETF 1L (P) NYSE Arca DM Asia Pacific Overall Broad Dividend 0.49% 0.6 0.0 55
WisdomTree Asia Pacific ex-Japan Fund AXJL US AXJL.K WisdomTree ETF 1L (P) NYSE Arca Overall Asia Pacific ex Japan Overall Broad Dividend 0.48% 0.4 2.7 49
WisdomTree Europe SmallCap Dividend Fund DFE US DFE WisdomTree ETF 1L (P) NYSE Arca DM Europe Overall Small Cap Dividend 0.58% 12.8 (223.6) 793
First Trust STOXX European Select Dividend Index Fund FDD US FDD First Trust ETF 1L (P) NYSE Arca DM Europe Overall Broad Dividend 0.60% 1.1 6.6 159
ProShares MSCI Europe Dividend Growers ETF EUDV US EUDV.K ProShares ETF 1L (P) NYSE Arca DM Europe Overall Broad Dividend 0.55% 0.1 5.8 8
WisdomTree Emerging Markets High Dividend Fund DEM US DEM WisdomTree ETF 1L (P) NYSE Arca EM Global Overall Broad Dividend 0.63% 8.0 (37.8) 1,322 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
Pag
e 2
1
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country
Cap.
SizeStyle TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
WisdomTree Emerging Markets SmallCap Dividend Fund DGS US DGS WisdomTree ETF 1L (P) NYSE Arca EM Global Overall Broad Dividend 0.63% 3.0 - 908
Global X SuperDividend ETF SDIV US SDIV.K Global X Funds ETF 1L (P) NYSE Arca Overall Global Overall Broad Dividend 0.58% 4.3 37.3 812
First Trust NASDAQ Technology Dividend Index Fund TDIV US TDIV.O First Trust ETF 1L (P) Nasdaq Overall Global Overall Broad Dividend 0.50% 1.5 (14.1) 472
First Trust Dow Jones Global Select Dividend Index Fund FGD US FGD First Trust ETF 1L (P) NYSE Arca DM Global Overall Broad Dividend 0.60% 1.2 (5.6) 338
SPDR S&P Emerging Markets Dividend ETF EDIV US EDIV.K State Street ETF 1L (P) NYSE Arca EM Global Overall Broad Dividend 0.49% 1.4 5.4 268
iShares Emerging Markets Dividend ETF DVYE US DVYE.K BlackRock ETF 1L (P) NYSE Arca EM Global Overall Broad Dividend 0.49% 1.6 6.6 156
WisdomTree Global High Dividend Fund DEW US DEW WisdomTree ETF 1L (P) NYSE Arca Overall Global Overall Broad Dividend 0.58% 0.5 - 75
SPDR S&P Global Dividend ETF WDIV US WDIV.K State Street ETF 1L (P) NYSE Arca Overall Global Overall Broad Dividend 0.40% 0.6 9.2 70
Guggenheim S&P Global Dividend Opportunities Index ETF LVL US LVL Guggenheim Investments ETF 1L (P) NYSE Arca Overall Global Overall Broad Dividend 0.90% 0.1 (0.8) 51
ALPS Emerging Sector Dividend Dogs ETF EDOG US EDOG.K ALPS ETF 1L (P) NYSE Arca EM Global Overall Large Cap Dividend 0.60% 0.4 5.9 16
First Trust RBA Quality Income ETF QINC US QINC.O First Trust ETF 1L (P) Nasdaq Overall Global Overall Broad Dividend 0.70% 0.2 5.4 15
ProShares MSCI Emerging Markets Dividend Growers ETF EMDV US EMDV.Z ProShares ETF 1L (P) BATS EM Global Overall Broad Dividend 0.60% 0.2 0.1 5
iShares International Select Dividend ETF IDV US IDV BlackRock ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Dividend 0.50% 20.5 203.8 2,760
WisdomTree International SmallCap Dividend Fund DLS US DLS WisdomTree ETF 1L (P) NYSE Arca DM Global ex US Overall Small Cap Dividend 0.58% 3.7 15.0 1,054
SPDR S&P International Dividend ETF DWX US DWX State Street ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Dividend 0.45% 5.4 80.5 934
PowerShares International Dividend Achievers Portfolio PID US PID PowerShares ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Dividend 0.56% 2.9 (30.1) 659
WisdomTree International Equity Fund DWM US DWM WisdomTree ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Dividend 0.48% 2.3 (7.0) 595
FlexShares International Quality Dividend Index Fund IQDF US IQDF.K FlexShares ETF 1L (P) NYSE Arca Overall Global ex US Overall Large Cap Dividend 0.47% 3.4 100.2 430
WisdomTree International LargeCap Dividend Fund DOL US DOL WisdomTree ETF 1L (P) NYSE Arca DM Global ex US Overall Large Cap Dividend 0.48% 1.5 4.1 362
WisdomTree International High Dividend Fund DTH US DTH WisdomTree ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Dividend 0.58% 0.9 (5.8) 243
WisdomTree International Dividend ex-Financials Fund DOO US DOO WisdomTree ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Dividend 0.58% 0.9 (4.0) 222
WisdomTree International MidCap Dividend Fund DIM US DIM WisdomTree ETF 1L (P) NYSE Arca DM Global ex US Overall Mid Cap Dividend 0.58% 1.0 2.8 147
ALPS International Sector Dividend Dogs ETF IDOG US IDOG.K ALPS ETF 1L (P) NYSE Arca DM Global ex US Overall Large Cap Dividend 0.50% 0.6 7.0 129
Vanguard International Dividend Appreciation ETF VIGI US VIGI.O Vanguard ETF 1L (P) Nasdaq Overall Global ex US Overall Large Cap Blend 0.25% 1.7 64.9 78
FlexShares International Quality Dividend Defensive Index Fund IQDE US IQDE.K FlexShares ETF 1L (P) NYSE Arca Overall Global ex US Overall Large Cap Dividend 0.47% 0.4 6.6 61
Vanguard International High Dividend Yield ETF VYMI US VYMI.O Vanguard ETF 1L (P) Nasdaq Overall Global ex US Overall Large Cap Dividend 0.30% 1.2 27.2 48
ProShares MSCI EAFE Dividend Growers ETF EFAD US EFAD.K ProShares ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Dividend 0.50% 0.5 10.5 33
Cambria Foreign Shareholder Yield ETF FYLD US FYLD.K Cambria Funds ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Dividend 0.59% 0.1 (1.0) 23
FlexShares International Quality Dividend Dynamic Index Fund IQDY US IQDY.K FlexShares ETF 1L (P) NYSE Arca Overall Global ex US Overall Large Cap Dividend 0.47% 0.3 (8.7) 18
Guggenheim International Multi Asset Income Fund HGI US HGI Guggenheim Investments ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Dividend 0.81% 0.1 (1.5) 16
iShares International Dividend Growth ETF IGRO US IGRO.Z BlackRock ETF 1L (P) BATS Overall Global ex US Overall Broad Dividend 0.22% 0.0 4.8 5
SPDR S&P International Dividend Currency Hedged ETF HDWX US HDWX.K State Street ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Dividend 0.48% 0.1 - 4
WisdomTree Middle East Dividend Fund GULF US GULF.O WisdomTree ETF 1L (P) Nasdaq EM Middle East Overall Broad Dividend 0.88% 0.2 - 20
Vanguard Dividend Appreciation ETF VIG US VIG Vanguard ETF 1L (P) NYSE Arca DM North America US Broad Dividend 0.10% 61.8 424.3 21,538
iShares Select Dividend ETF DVY US DVY BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Dividend 0.39% 80.9 452.4 15,702
Vanguard High Dividend Yield ETF VYM US VYM Vanguard ETF 1L (P) NYSE Arca DM North America US Broad Dividend 0.09% 61.5 865.7 14,469
SPDR S&P Dividend ETF SDY US SDY State Street ETF 1L (P) NYSE Arca DM North America US Broad Dividend 0.35% 71.9 54.0 13,976
iShares Core High Dividend ETF HDV US HDV BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Dividend 0.12% 41.8 984.9 6,041
Schwab U.S. Dividend Equity ETF SCHD US SCHD.K Charles Schwab ETF 1L (P) NYSE Arca DM North America US Broad Dividend 0.07% 24.7 481.2 3,884
First Trust Value Line Dividend Index Fund FVD US FVD First Trust ETF 1L (P) NYSE Arca DM North America US Broad Dividend 0.70% 14.5 447.3 2,108
ProShares S&P 500 Dividend Aristocrats ETF NOBL US NOBL.K ProShares ETF 1L (P) NYSE Arca DM North America US Large Cap Dividend 0.35% 19.8 540.4 2,097
WisdomTree MidCap Dividend Fund DON US DON WisdomTree ETF 1L (P) NYSE Arca DM North America US Mid Cap Dividend 0.38% 7.7 165.5 1,843
WisdomTree LargeCap Dividend Fund DLN US DLN WisdomTree ETF 1L (P) NYSE Arca DM North America US Large Cap Dividend 0.28% 4.8 (7.3) 1,774
First Trust Morningstar Dividend Leaders Index Fund FDL US FDL First Trust ETF 1L (P) NYSE Arca DM North America US Broad Dividend 0.45% 10.4 189.4 1,581 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Pag
e 2
2
Deu
tsch
e B
an
k S
ecu
rities In
c.
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country
Cap.
SizeStyle TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
WisdomTree SmallCap Dividend Fund DES US DES WisdomTree ETF 1L (P) NYSE Arca DM North America US Small Cap Dividend 0.38% 6.2 107.2 1,378
FlexShares Quality Dividend Index Fund QDF US QDF FlexShares ETF 1L (P) NYSE Arca DM North America US Broad Dividend 0.37% 4.3 169.0 1,351
ALPS Sector Dividend Dogs ETF SDOG US SDOG.K ALPS ETF 1L (P) NYSE Arca DM North America US Large Cap Dividend 0.40% 8.5 175.4 1,290
WisdomTree High Dividend Fund DHS US DHS WisdomTree ETF 1L (P) NYSE Arca DM North America US Broad Dividend 0.38% 5.2 161.3 1,248
WisdomTree Dividend ex-Financials Fund DTN US DTN WisdomTree ETF 1L (P) NYSE Arca DM North America US Broad Dividend 0.38% 1.9 3.7 940
PowerShares High Yield Equity Dividend Achievers Portfolio PEY US PEY PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Dividend 0.57% 6.8 177.8 932
iShares Core Dividend Growth ETF DGRO US DGRO.K BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Dividend 0.12% 4.7 57.9 515
WisdomTree Total Dividend Fund DTD US DTD WisdomTree ETF 1L (P) NYSE Arca DM North America US Broad Dividend 0.28% 1.8 - 511
PowerShares Dividend Achievers Portfolio PFM US PFM PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Dividend 0.58% 0.6 (7.6) 293
FlexShares Quality Dividend Defensive Index Fund QDEF US QDEF.K FlexShares ETF 1L (P) NYSE Arca DM North America US Broad Dividend 0.37% 0.7 25.2 229
O'Shares FTSE US Quality Dividend ETF OUSA US OUSA.K O'Shares Investments ETF 1L (P) NYSE Arca DM North America US Broad Dividend 0.48% 3.5 81.7 213
ProShares Trust-ProShares Russell 2000 Dividend Growers ETF SMDV US SMDV.K ProShares ETF 1L (P) NYSE Arca DM North America US Small Cap Dividend 0.40% 1.7 68.3 111
ProShares S&P Midcap 400 Dividend Aristocrats ETF REGL US REGL.K ProShares ETF 1L (P) NYSE Arca DM North America US Mid Cap Dividend 0.40% 1.9 62.1 102
FlexShares Quality Dividend Dynamic Index Fund QDYN US QDYN.K FlexShares ETF 1L (P) NYSE Arca DM North America US Broad Dividend 0.37% 0.3 (6.9) 48
SPDR S&P 500 High Dividend ETF SPYD US SPYD.K State Street ETF 1L (P) NYSE Arca DM North America US Large Cap Dividend 0.12% 0.6 18.1 32
First Trust NASDAQ Rising Dividend Achievers ETF RDVY US RDVY.O First Trust ETF 1L (P) Nasdaq DM North America US Large Cap Dividend 0.50% 0.1 (1.0) 21
Elkhorn FTSE RAFI U.S. Equity Income ETF ELKU US ELKU.Z Elkhorn Investments LLC ETF 1L (P) BATS DM North America US Broad Dividend 0.39% 0.0 1.3 3
Growth
iShares MSCI EAFE Growth ETF EFG US EFG BlackRock ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Growth 0.40% 17.6 (105.8) 2,184
iShares Russell 1000 Growth ETF IWF US IWF BlackRock ETF 1L (P) NYSE Arca DM North America US Large Cap Growth 0.20% 180.8 (555.2) 29,284
Vanguard Growth ETF VUG US VUG Vanguard ETF 1L (P) NYSE Arca DM North America US Broad Growth 0.10% 70.4 (204.8) 20,446
iShares S&P 500 Growth ETF IVW US IVW BlackRock ETF 1L (P) NYSE Arca DM North America US Large Cap Growth 0.18% 85.9 (389.9) 13,395
iShares Russell Mid-Cap Growth ETF IWP US IWP BlackRock ETF 1L (P) NYSE Arca DM North America US Mid Cap Growth 0.25% 22.6 (22.4) 6,128
iShares Russell 2000 Growth ETF IWO US IWO BlackRock ETF 1L (P) NYSE Arca DM North America US Small Cap Growth 0.25% 99.0 (89.4) 6,040
iShares S&P Mid-Cap 400 Growth ETF IJK US IJK BlackRock ETF 1L (P) NYSE Arca DM North America US Mid Cap Growth 0.25% 11.9 (0.5) 5,226
Vanguard Small-Cap Growth ETF VBK US VBK Vanguard ETF 1L (P) NYSE Arca DM North America US Small Cap Growth 0.10% 20.8 99.4 4,417
Vanguard Mid-Cap Growth ETF VOT US VOT Vanguard ETF 1L (P) NYSE Arca DM North America US Mid Cap Growth 0.10% 9.3 (24.3) 3,264
iShares S&P Small-Cap 600 Growth ETF IJT US IJT BlackRock ETF 1L (P) NYSE Arca DM North America US Small Cap Growth 0.25% 11.6 (55.8) 3,176
Schwab U.S. Large-Cap Growth ETF SCHG US SCHG.K Charles Schwab ETF 1L (P) NYSE Arca DM North America US Large Cap Growth 0.07% 11.5 37.5 2,744
Vanguard Mega Cap Growth ETF MGK US MGK Vanguard ETF 1L (P) NYSE Arca DM North America US Large Cap Growth 0.09% 6.7 29.0 2,104
Guggenheim S&P 500 Pure Growth ETF RPG US RPG Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US Large Cap Growth 0.35% 11.6 (203.0) 1,764
Vanguard S&P 500 Growth ETF VOOG US VOOG.K Vanguard ETF 1L (P) NYSE Arca DM North America US Large Cap Growth 0.15% 5.2 95.9 918
iShares Core U.S. Growth ETF IUSG US IUSG.K BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Growth 0.07% 5.4 0.5 874
iShares Morningstar Large-Cap Growth ETF JKE US JKE BlackRock ETF 1L (P) NYSE Arca DM North America US Large Cap Growth 0.25% 2.6 (47.2) 773
SPDR S&P 500 Growth ETF SPYG US SPYG.K State Street ETF 1L (P) NYSE Arca DM North America US Large Cap Growth 0.15% 4.2 45.8 711
SPDR S&P 600 Small Cap Growth ETF SLYG US SLYG.K State Street ETF 1L (P) NYSE Arca DM North America US Small Cap Growth 0.15% 3.3 53.2 686
Vanguard Russell 1000 Growth ETF VONG US VONG.O Vanguard ETF 1L (P) Nasdaq DM North America US Large Cap Growth 0.15% 3.6 35.1 634
iShares Russell Top 200 Growth ETF IWY US IWY BlackRock ETF 1L (P) NYSE Arca DM North America US Large Cap Growth 0.20% 2.7 (19.0) 614
Guggenheim S&P Midcap 400 Pure Growth ETF RFG US RFG Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US Mid Cap Growth 0.35% 2.0 (61.0) 578
Vanguard S&P Mid-Cap 400 Growth ETF IVOG US IVOG.K Vanguard ETF 1L (P) NYSE Arca DM North America US Mid Cap Growth 0.20% 1.6 7.6 470
PowerShares Dynamic Large Cap Growth Portfolio PWB US PWB PowerShares ETF 1L (P) NYSE Arca DM North America US Large Cap Growth 0.59% 1.9 (23.5) 426
SPDR S&P 400 Mid Cap Growth ETF MDYG US MDYG.K State Street ETF 1L (P) NYSE Arca DM North America US Broad Growth 0.15% 1.8 30.1 345
iShares Morningstar Mid-Cap Growth ETF JKH US JKH BlackRock ETF 1L (P) NYSE Arca DM North America US Mid Cap Growth 0.30% 0.6 (22.9) 195
Guggenheim S&P SmallCap 600 Pure Growth ETF RZG US RZG Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US Small Cap Growth 0.35% 1.0 (27.7) 169 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
Pag
e 2
3
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country
Cap.
SizeStyle TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
Vanguard Russell 2000 Growth ETF VTWG US VTWG.O Vanguard ETF 1L (P) Nasdaq DM North America US Small Cap Growth 0.20% 0.4 (25.0) 134
Vanguard S&P Small-Cap 600 Growth ETF VIOG US VIOG.K Vanguard ETF 1L (P) NYSE Arca DM North America US Small Cap Growth 0.23% 0.6 10.6 121
iShares Morningstar Small-Cap Growth ETF JKK US JKK BlackRock ETF 1L (P) NYSE Arca DM North America US Small Cap Growth 0.30% 0.3 (6.7) 108
Calamos Focus Growth ETF CFGE US CFGE.O Calamos Investments ETF 1L (A) Nasdaq DM North America US Large Cap Growth 0.90% 0.0 - 26
SPDR MFS Systematic Growth Equity ETF SYG US SYG State Street ETF 1L (A) NYSE Arca DM North America US Large Cap Growth 0.60% 0.1 - 12
Value
Cambria Global Value ETF GVAL US GVAL.K Cambria Funds ETF 1L (P) NYSE Arca Overall Global Overall Broad Value 0.69% 0.4 2.7 67
iShares MSCI EAFE Value ETF EFV US EFV BlackRock ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Value 0.40% 25.1 274.0 2,747
iShares Russell 1000 Value ETF IWD US IWD BlackRock ETF 1L (P) NYSE Arca DM North America US Large Cap Value 0.20% 202.3 1,001.5 28,552
Vanguard Value ETF VTV US VTV Vanguard ETF 1L (P) NYSE Arca DM North America US Broad Value 0.10% 84.0 1,318.8 21,770
iShares S&P 500 Value ETF IVE US IVE BlackRock ETF 1L (P) NYSE Arca DM North America US Large Cap Value 0.18% 71.3 343.4 10,329
iShares Russell Mid-Cap Value ETF IWS US IWS BlackRock ETF 1L (P) NYSE Arca DM North America US Mid Cap Value 0.25% 39.2 243.9 7,423
Vanguard Small-Cap Value ETF VBR US VBR Vanguard ETF 1L (P) NYSE Arca DM North America US Small Cap Value 0.10% 44.0 1,037.3 7,405
iShares Russell 2000 Value ETF IWN US IWN BlackRock ETF 1L (P) NYSE Arca DM North America US Small Cap Value 0.25% 154.1 (197.5) 5,833
Vanguard Mid-Cap Value ETF VOE US VOE Vanguard ETF 1L (P) NYSE Arca DM North America US Mid Cap Value 0.10% 25.7 335.2 5,041
iShares S&P Mid-Cap 400 Value ETF IJJ US IJJ BlackRock ETF 1L (P) NYSE Arca DM North America US Mid Cap Value 0.25% 28.1 268.7 4,741
iShares S&P Small-Cap 600 Value ETF IJS US IJS BlackRock ETF 1L (P) NYSE Arca DM North America US Small Cap Value 0.25% 31.4 156.5 3,696
Schwab U.S. Large-Cap Value ETF SCHV US SCHV.K Charles Schwab ETF 1L (P) NYSE Arca DM North America US Large Cap Value 0.07% 11.2 237.1 2,297
Vanguard Mega Cap Value ETF MGV US MGV Vanguard ETF 1L (P) NYSE Arca DM North America US Large Cap Value 0.09% 4.1 62.1 1,226
PowerShares Dynamic Large Cap Value Portfolio PWV US PWV PowerShares ETF 1L (P) NYSE Arca DM North America US Large Cap Value 0.59% 2.8 (9.3) 1,002
iShares Core U.S. Value ETF IUSV US IUSV.K BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Value 0.07% 3.4 40.2 794
Guggenheim S&P 500 Pure Value ETF RPV US RPV Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US Large Cap Value 0.35% 10.3 (9.0) 717
Vanguard Russell 1000 Value ETF VONV US VONV.O Vanguard ETF 1L (P) Nasdaq DM North America US Large Cap Value 0.15% 3.4 48.4 575
SPDR S&P 600 Small Cap Value ETF SLYV US SLYV.K State Street ETF 1L (P) NYSE Arca DM North America US Small Cap Value 0.15% 3.3 83.1 501
Vanguard S&P 500 Value ETF VOOV US VOOV.K Vanguard ETF 1L (P) NYSE Arca DM North America US Broad Value 0.15% 1.8 30.7 405
Vanguard S&P Mid-Cap 400 Value ETF IVOV US IVOV.K Vanguard ETF 1L (P) NYSE Arca DM North America US Mid Cap Value 0.22% 6.8 268.4 404
iShares Morningstar Small-Cap Value ETF JKL US JKL BlackRock ETF 1L (P) NYSE Arca DM North America US Small Cap Value 0.30% 1.1 5.8 377
iShares Morningstar Large-Cap Value ETF JKF US JKF BlackRock ETF 1L (P) NYSE Arca DM North America US Large Cap Value 0.25% 0.8 8.5 304
SPDR S&P 500 Value ETF SPYV US SPYV.K State Street ETF 1L (P) NYSE Arca DM North America US Large Cap Value 0.15% 0.9 5.0 246
iShares Morningstar Mid-Cap Value ETF JKI US JKI BlackRock ETF 1L (P) NYSE Arca DM North America US Mid Cap Value 0.30% 1.0 18.7 209
SPDR S&P 400 Mid Cap Value ETF MDYV US MDYV.K State Street ETF 1L (P) NYSE Arca DM North America US Broad Value 0.15% 1.2 28.7 207
Guggenheim S&P Smallcap 600 Pure Value ETF RZV US RZV Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US Small Cap Value 0.35% 1.0 3.3 166
iShares Russell Top 200 Value ETF IWX US IWX BlackRock ETF 1L (P) NYSE Arca DM North America US Large Cap Value 0.20% 0.7 (14.6) 163
Guggenheim S&P Midcap 400 Pure Value ETF RFV US RFV Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US Mid Cap Value 0.35% 1.0 26.3 118
Vanguard S&P Small-Cap 600 Value ETF VIOV US VIOV.K Vanguard ETF 1L (P) NYSE Arca DM North America US Small Cap Value 0.23% 0.5 2.5 116
Vanguard Russell 2000 Value ETF VTWV US VTWV.O Vanguard ETF 1L (P) Nasdaq DM North America US Small Cap Value 0.36% 0.3 0.7 97
SPDR MFS Systematic Value Equity ETF SYV US SYV State Street ETF 1L (A) NYSE Arca DM North America US Large Cap Value 0.60% 0.0 - 3
Strategy
Short
Leveraged
Direxion Daily Brazil Bull 3X Shares BRZU US BRZU.K DirexionShares ETF 3L (P) NYSE Arca EM Latin America Brazil Broad Blend 0.95% 7.7 (8.9) 66
ProShares Ultra MSCI Brazil Capped UBR US UBR ProShares ETF 2L (P) NYSE Arca EM Latin America Brazil Broad Blend 0.95% 0.7 12.9 23
Direxion Daily FTSE China Bull 3X Shares YINN US YINN.K DirexionShares ETF 3L (P) NYSE Arca EM Asia China Large Cap Blend 0.94% 20.4 (6.4) 133
Direxion Daily CSI 300 China A Share Bull 2X Shares CHAU US CHAU.K DirexionShares ETF 2L (P) NYSE Arca EM Asia China Broad Blend 0.95% 3.5 (7.0) 58 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Pag
e 2
4
Deu
tsch
e B
an
k S
ecu
rities In
c.
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country
Cap.
SizeStyle TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
ProShares Ultra FTSE China 50 XPP US XPP ProShares ETF 2L (P) NYSE Arca EM Asia China Large Cap Blend 0.95% 0.7 (0.9) 20
Direxion Daily India Bull 3X Shares INDL US INDL.K DirexionShares ETF 3L (P) NYSE Arca EM Asia India Broad Blend 0.95% 1.6 (5.1) 81
ProShares Ultra MSCI Japan EZJ US EZJ ProShares ETF 2L (P) NYSE Arca DM Pacific Japan Broad Blend 0.95% 0.2 - 10
Direxion Daily Japan Bull 3X Shares JPNL US JPNL.K DirexionShares ETF 3L (P) NYSE Arca DM Pacific Japan Broad Blend 0.95% 0.3 1.6 9
ProShares Ultra MSCI Mexico Capped IMI UMX US UMX ProShares ETF 2L (P) NYSE Arca EM Latin America Mexico Broad Blend 0.95% 0.0 - 4
Direxion Daily FTSE Europe Bull 3X Shares EURL US EURL.K DirexionShares ETF 3L (P) NYSE Arca DM Europe Overall Broad Blend 0.95% 1.3 5.6 37
ProShares Ultra FTSE Europe UPV US UPV ProShares ETF 2L (P) NYSE Arca DM Europe Overall Broad Blend 0.95% 0.3 (9.0) 11
Direxion Daily Gold Miners Index Bull 3X Shares NUGT US NUGT.K DirexionShares ETF 3L (P) NYSE Arca Overall Global Overall Large Cap Blend 0.95% 649.9 (502.1) 1,530
Direxion Daily Junior Gold Miners Index Bull 3X Shares JNUG US JNUG.K DirexionShares ETF 3L (P) NYSE Arca Overall Global Overall Small Cap Blend 0.95% 129.2 (17.3) 424
Direxion Daily Emerging Markets Bull 3X Shares EDC US EDC DirexionShares ETF 3L (P) NYSE Arca EM Global Overall Broad Blend 0.94% 104.5 31.5 228
Direxion Daily Natural Gas Related Bull 3X Shares GASL US GASL.K DirexionShares ETF 3L (P) NYSE Arca Overall Global Overall Broad Blend 0.95% 11.9 (17.6) 67
ProShares Ultra MSCI Emerging Markets EET US EET ProShares ETF 2L (P) NYSE Arca EM Global Overall Broad Blend 0.95% 0.8 4.4 21
Direxion Daily Developed Markets Bull 3X Shares DZK US DZK DirexionShares ETF 3L (P) NYSE Arca DM Global Overall Broad Blend 0.95% 0.4 (4.5) 18
Direxion Daily Cyber Security & IT Bull 2X Shares HAKK US HAKK.K DirexionShares ETF 2L (P) NYSE Arca Overall Global Overall Broad Blend 0.80% 0.0 - 1
Direxion Daily FTSE Emerging Markets Bull 1.25X Shares LLEM US LLEM.K DirexionShares ETF 1.25L (P) NYSE Arca EM Global Overall Broad Blend 0.50% 0.0 - 1
ProShares Ultra MSCI EAFE EFO US EFO ProShares ETF 2L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.95% 2.3 79.2 83
Direxion Daily FTSE Developed Markets Bull 1.25X Shares LLDM US LLDM.K DirexionShares ETF 1.25L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.50% 0.0 - 1
Direxion Daily Latin America Bull 3X Shares LBJ US LBJ DirexionShares ETF 3L (P) NYSE Arca EM Latin America Overall Broad Blend 0.94% 0.3 3.3 15
ProShares Ultra MSCI Pacific ex-Japan UXJ US UXJ ProShares ETF 2L (P) NYSE Arca DM Pacific ex Japan Overall Broad Blend 0.95% 0.0 - 1
Direxion Daily Russia Bull 3X Shares RUSL US RUSL.K DirexionShares ETF 3L (P) NYSE Arca EM Europe Russia Broad Blend 0.95% 15.2 (27.1) 181
Direxion Daily South Korea Bull 3X Shares KORU US KORU.K DirexionShares ETF 3L (P) NYSE Arca EM Asia South Korea Broad Blend 0.95% 0.1 - 5
ProShares Ultra S&P500 SSO US SSO ProShares ETF 2L (P) NYSE Arca DM North America US Large Cap Blend 0.90% 205.4 (186.5) 1,492
ProShares UltraPro QQQ TQQQ US TQQQ.O ProShares ETF 3L (P) Nasdaq DM North America US Large Cap Blend 0.95% 293.4 12.6 1,268
Direxion Daily Financial Bull 3X Shares FAS US FAS DirexionShares ETF 3L (P) NYSE Arca DM North America US Broad Blend 0.94% 108.7 (97.7) 1,154
ProShares Ultra QQQ QLD US QLD ProShares ETF 2L (P) NYSE Arca DM North America US Large Cap Blend 0.95% 87.2 (67.4) 833
Direxion Daily Small Cap Bull 3X Shares TNA US TNA DirexionShares ETF 3L (P) NYSE Arca DM North America US Small Cap Blend 0.95% 282.7 (88.5) 823
ProShares UltraPro S&P500 UPRO US UPRO.K ProShares ETF 2L (P) NYSE Arca DM North America US Large Cap Blend 0.95% 154.9 (115.4) 713
ProShares Ultra Financials UYG US UYG ProShares ETF 2L (P) NYSE Arca DM North America US Broad Blend 0.95% 3.5 (36.9) 634
Direxion Daily Energy Bull 3X Shares ERX US ERX DirexionShares ETF 3L (P) NYSE Arca DM North America US Broad Blend 0.95% 102.6 (106.5) 576
Direxion Daily S&P 500 Bull 3X Shares SPXL US SPXL.K DirexionShares ETF 3L (P) NYSE Arca DM North America US Large Cap Blend 0.95% 120.5 (69.5) 533
ProShares Ultra Nasdaq Biotechnology BIB US BIB.O ProShares ETF 2L (P) Nasdaq DM North America US Broad Blend 0.95% 31.9 32.6 443
Direxion Daily S&P Biotech Bull 3X Shares LABU US LABU.K DirexionShares ETF 3L (P) NYSE Arca DM North America US Broad Blend 0.95% 152.4 94.0 316
Direxion Daily Healthcare Bull 3X Shares CURE US CURE.K DirexionShares ETF 3L (P) NYSE Arca DM North America US Large Cap Blend 0.95% 3.8 (22.5) 236
ProShares Ultra Real Estate URE US URE ProShares ETF 2L (P) NYSE Arca DM North America US Broad Blend 0.95% 5.2 (13.7) 228
ProShares Ultra Dow30 DDM US DDM ProShares ETF 2L (P) NYSE Arca DM North America US Large Cap Blend 0.95% 14.9 (43.3) 208
ProShares Ultra Russell2000 UWM US UWM ProShares ETF 2L (P) NYSE Arca DM North America US Small Cap Blend 0.98% 13.1 3.7 173
ProShares Ultra Oil & Gas DIG US DIG ProShares ETF 2L (P) NYSE Arca DM North America US Broad Blend 0.95% 5.9 (24.1) 158
ProShares UltraPro Dow30 UDOW US UDOW.K ProShares ETF 3L (P) NYSE Arca DM North America US Large Cap Blend 0.95% 29.3 (22.5) 157
Direxion Daily Technology Bull 3X Shares TECL US TECL.K DirexionShares ETF 3L (P) NYSE Arca DM North America US Broad Blend 0.95% 4.9 (14.8) 151
ProShares Ultra Technology ROM US ROM ProShares ETF 2L (P) NYSE Arca DM North America US Broad Blend 0.95% 0.9 46.2 149
ProShares Ultra Health Care RXL US RXL ProShares ETF 2L (P) NYSE Arca DM North America US Broad Blend 0.95% 0.6 34.4 129
ProShares Ultra MidCap400 MVV US MVV ProShares ETF 2L (P) NYSE Arca DM North America US Mid Cap Blend 0.95% 3.2 (26.0) 129
Direxion Daily Real Estate Bull 3X Shares DRN US DRN DirexionShares ETF 3L (P) NYSE Arca DM North America US Broad Blend 0.95% 4.7 (19.0) 99
Direxion Daily Semiconductor Bull 3X Shares SOXL US SOXL.K DirexionShares ETF 3L (P) NYSE Arca DM North America US Broad Blend 0.95% 10.8 (12.8) 92 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
Pag
e 2
5
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country
Cap.
SizeStyle TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
ProShares UltraPro Russell2000 URTY US URTY.K ProShares ETF 3L (P) NYSE Arca DM North America US Small Cap Blend 0.98% 10.0 (22.9) 81
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares GUSH US GUSH.K DirexionShares ETF 3L (P) NYSE Arca DM North America US Broad Blend 0.95% 14.7 4.4 69
ProShares Ultra Basic Materials UYM US UYM ProShares ETF 2L (P) NYSE Arca DM North America US Broad Blend 0.95% 0.5 - 52
Direxion Daily Mid Cap Bull 3X Shares MIDU US MIDU.K DirexionShares ETF 3L (P) NYSE Arca DM North America US Mid Cap Blend 1.27% 1.3 (3.6) 50
Direxion Daily Retail Bull 3X Shares RETL US RETL.K DirexionShares ETF 3L (P) NYSE Arca DM North America US Broad Blend 0.95% 0.9 (7.4) 41
ProShares UltraPro MidCap400 UMDD US UMDD.K ProShares ETF 3L (P) NYSE Arca DM North America US Mid Cap Blend 0.95% 0.5 (1.4) 28
ProShares Ultra Semiconductors USD US USD ProShares ETF 2L (P) NYSE Arca DM North America US Broad Blend 0.95% 0.6 (2.1) 22
ProShares Ultra Consumer Services UCC US UCC ProShares ETF 2L (P) NYSE Arca DM North America US Broad Blend 0.95% 0.1 (0.1) 21
ProShares Ultra Utilities UPW US UPW ProShares ETF 2L (P) NYSE Arca DM North America US Broad Blend 0.95% 0.3 - 20
ProShares Ultra SmallCap600 SAA US SAA ProShares ETF 2L (P) NYSE Arca DM North America US Small Cap Blend 0.96% 0.1 (0.5) 19
ProShares Ultra Industrials UXI US UXI ProShares ETF 2L (P) NYSE Arca DM North America US Broad Blend 0.95% 0.1 (0.3) 18
ProShares Ultra Consumer Goods UGE US UGE ProShares ETF 2L (P) NYSE Arca DM North America US Broad Blend 0.95% 0.2 (0.1) 18
ProShares UltraPro Financial Select Sector FINU US FINU.K ProShares ETF 3L (P) NYSE Arca DM North America US Broad Blend 0.95% 0.1 - 8
Direxion Daily S&P 500 Bull 1.25X Shares LLSP US LLSP.K DirexionShares ETF 1.25L (P) NYSE Arca DM North America US Large Cap Blend 0.50% 0.1 3.9 7
ProShares Ultra S&P Regional Banking KRU US KRU ProShares ETF 2L (P) NYSE Arca DM North America US Broad Blend 0.95% 0.1 (1.8) 6
ProShares Ultra Telecommunications LTL US LTL ProShares ETF 2L (P) NYSE Arca DM North America US Broad Blend 0.95% 0.2 - 6
Direxion Daily Small Cap Bull 1.25X Shares LLSC US LLSC.K DirexionShares ETF 1.25L (P) NYSE Arca DM North America US Small Cap Blend 0.50% 0.1 3.6 5
Direxion Daily S&P 500 Bull 2X Shares SPUU US SPUU.K DirexionShares ETF 2L (P) NYSE Arca DM North America US Large Cap Blend 0.65% 0.2 (1.7) 5
Direxion Daily Homebuilders & Supplies Bull 3X Shares NAIL US NAIL.K DirexionShares ETF 3L (P) NYSE Arca DM North America US Broad Blend 0.95% 0.0 - 3
Direxion Daily Small Cap Bull 2X Shares SMLL US SMLL.K DirexionShares ETF 2L (P) NYSE Arca DM North America US Small Cap Blend 0.60% 0.0 - 2
Direxion Daily Pharmaceutical & Medical Bull 2X Shares PILL US PILL.K DirexionShares ETF 2L (P) NYSE Arca DM North America US Broad Blend 0.80% 0.0 (1.4) 1
Direxion Daily Regional Banks Bull 3X Shares DPST US DPST.K DirexionShares ETF 3L (P) NYSE Arca DM North America US Broad Blend 0.95% 0.0 (1.6) 1
ProShares Ultra Homebuilders & Supplies HBU US HBU ProShares ETF 2L (P) NYSE Arca DM North America US Broad Blend 0.95% 0.0 - 1
Leveraged Short
ProShares UltraShort MSCI Brazil Capped BZQ US BZQ ProShares ETF 2S (P) NYSE Arca EM Latin America Brazil Broad Blend 0.95% 6.3 13.2 39
Direxion Daily CSI 300 China A Share Bear 1X Shares CHAD US CHAD.K DirexionShares ETF 1S (P) NYSE Arca EM Asia China Broad Blend 0.80% 2.2 0.5 105
Direxion Daily FTSE China Bear 3X Shares YANG US YANG.K DirexionShares ETF 3S (P) NYSE Arca EM Asia China Large Cap Blend 0.95% 9.9 14.3 71
ProShares UltraShort FTSE China 50 FXP US FXP ProShares ETF 2S (P) NYSE Arca EM Asia China Large Cap Blend 0.95% 2.2 2.8 58
ProShares Short FTSE China 50 YXI US YXI ProShares ETF 1S (P) NYSE Arca EM Asia China Large Cap Blend 0.95% 0.2 3.1 13
ProShares UltraShort MSCI Japan EWV US EWV ProShares ETF 2S (P) NYSE Arca DM Pacific Japan Broad Blend 0.95% 0.9 3.3 16
ProShares UltraShort MSCI Mexico Capped IMI SMK US SMK ProShares ETF 2S (P) NYSE Arca EM Latin America Mexico Broad Blend 0.95% 0.0 - 1
ProShares UltraShort FTSE Europe EPV US EPV ProShares ETF 2S (P) NYSE Arca DM Europe Overall Broad Blend 0.95% 2.4 16.4 59
ProShares Short MSCI Emerging Markets EUM US EUM ProShares ETF 1S (P) NYSE Arca EM Global Overall Broad Blend 0.95% 20.7 (17.7) 272
Direxion Daily Gold Miners Index Bear 3X Shares DUST US DUST.K DirexionShares ETF 3S (P) NYSE Arca Overall Global Overall Large Cap Blend 0.95% 235.3 306.5 260
Direxion Daily Emerging Markets Bear 3X Shares EDZ US EDZ DirexionShares ETF 3S (P) NYSE Arca EM Global Overall Broad Blend 0.95% 47.0 41.1 113
ProShares UltraShort MSCI Emerging Markets EEV US EEV ProShares ETF 2S (P) NYSE Arca EM Global Overall Broad Blend 0.95% 6.8 (5.9) 48
Direxion Daily Junior Gold Miners Index Bear 3X Shares JDST US JDST.K DirexionShares ETF 3S (P) NYSE Arca Overall Global Overall Small Cap Blend 0.95% 41.2 88.4 45
Direxion Daily Developed Markets Bear 3X Shares DPK US DPK DirexionShares ETF 3S (P) NYSE Arca DM Global Overall Broad Blend 0.95% 0.5 0.4 10
Direxion Daily Natural Gas Related Bear 3X Shares GASX US GASX.K DirexionShares ETF 3S (P) NYSE Arca Overall Global Overall Broad Blend 0.95% 1.7 3.4 7
Direxion Daily Cyber Security & IT Bear 2X Shares HAKD US HAKD.K DirexionShares ETF 2S (P) NYSE Arca Overall Global Overall Broad Blend 0.80% 0.1 - 2
ProShares Short MSCI EAFE EFZ US EFZ ProShares ETF 1S (P) NYSE Arca DM Global ex US Overall Broad Blend 0.95% 5.9 11.4 108
ProShares UltraShort MSCI EAFE EFU US EFU ProShares ETF 2S (P) NYSE Arca DM Global ex US Overall Broad Blend 0.95% 0.2 (0.1) 8
ProShares UltraShort MSCI Pacific ex-Japan JPX US JPX ProShares ETF 2S (P) NYSE Arca DM Pacific ex Japan Overall Broad Blend 0.95% 0.0 - 1
Direxion Daily Russia Bear 3X Shares RUSS US RUSS.K DirexionShares ETF 3S (P) NYSE Arca EM Europe Russia Broad Blend 0.95% 9.9 21.1 53 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Pag
e 2
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country
Cap.
SizeStyle TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
ProShares Short S&P500 SH US SH ProShares ETF 1S (P) NYSE Arca DM North America US Large Cap Blend 0.90% 153.0 253.4 2,677
ProShares UltraShort S&P500 SDS US SDS ProShares ETF 2S (P) NYSE Arca DM North America US Large Cap Blend 0.90% 236.9 49.7 1,852
ProShares UltraPro Short S&P500 SPXU US SPXU.K ProShares ETF 3S (P) NYSE Arca DM North America US Large Cap Blend 0.93% 158.5 32.9 670
Direxion Daily Small Cap Bear 3X Shares TZA US TZA DirexionShares ETF 3S (P) NYSE Arca DM North America US Small Cap Blend 0.95% 192.3 86.2 484
ProShares Short Russell2000 RWM US RWM ProShares ETF 1S (P) NYSE Arca DM North America US Small Cap Blend 0.95% 32.6 (54.8) 482
ProShares Short QQQ PSQ US PSQ ProShares ETF 1S (P) NYSE Arca DM North America US Large Cap Blend 0.95% 33.9 21.6 439
ProShares UltraPro Short QQQ SQQQ US SQQQ.O ProShares ETF 3S (P) Nasdaq DM North America US Large Cap Blend 0.95% 143.3 (32.7) 421
Direxion Daily S&P 500 Bear 3X Shares SPXS US SPXS.K DirexionShares ETF 3S (P) NYSE Arca DM North America US Large Cap Blend 0.95% 89.6 (45.3) 391
ProShares UltraShort QQQ QID US QID ProShares ETF 2S (P) NYSE Arca DM North America US Large Cap Blend 0.95% 76.2 2.9 377
Direxion Daily Financial Bear 3X Shares FAZ US FAZ DirexionShares ETF 3S (P) NYSE Arca DM North America US Broad Blend 0.94% 78.1 45.6 356
ProShares Short Dow30 DOG US DOG ProShares ETF 1S (P) NYSE Arca DM North America US Large Cap Blend 0.95% 17.2 (0.7) 333
ProShares UltraShort Dow30 DXD US DXD ProShares ETF 2S (P) NYSE Arca DM North America US Large Cap Blend 0.95% 18.6 6.5 198
ProShares UltraShort Russell2000 TWM US TWM ProShares ETF 2S (P) NYSE Arca DM North America US Small Cap Blend 0.95% 42.0 0.8 183
ProShares UltraPro Short Dow30 SDOW US SDOW.K ProShares ETF 3S (P) NYSE Arca DM North America US Large Cap Blend 0.95% 27.4 16.3 166
ProShares UltraPro Short Russell2000 SRTY US SRTY.K ProShares ETF 3S (P) NYSE Arca DM North America US Small Cap Blend 0.95% 13.9 16.9 77
Direxion Daily Energy Bear 3X Shares ERY US ERY DirexionShares ETF 3S (P) NYSE Arca DM North America US Broad Blend 0.95% 40.0 17.5 77
ProShares UltraShort Nasdaq Biotechnology BIS US BIS.O ProShares ETF 2S (P) Nasdaq DM North America US Broad Blend 0.95% 12.2 (34.0) 66
ProShares UltraShort Financials SKF US SKF ProShares ETF 2S (P) NYSE Arca DM North America US Broad Blend 0.95% 2.0 1.1 58
Direxion Daily Semiconductor Bear 3X Shares SOXS US SOXS.K DirexionShares ETF 3S (P) NYSE Arca DM North America US Broad Blend 0.95% 6.1 29.9 55
Direxion Daily S&P Biotech Bear 3X Shares LABD US LABD.K DirexionShares ETF 3S (P) NYSE Arca DM North America US Broad Blend 0.95% 56.4 18.4 49
ProShares UltraShort Oil & Gas DUG US DUG ProShares ETF 2S (P) NYSE Arca DM North America US Broad Blend 0.95% 8.0 6.4 46
ProShares Short Financials SEF US SEF ProShares ETF 1S (P) NYSE Arca DM North America US Broad Blend 0.95% 0.7 0.9 43
ProShares UltraShort Real Estate SRS US SRS ProShares ETF 2S (P) NYSE Arca DM North America US Broad Blend 0.95% 2.7 3.9 32
ProShares Short Real Estate REK US REK ProShares ETF 1S (P) NYSE Arca DM North America US Broad Blend 0.95% 0.3 2.6 30
ProShares Short MidCap400 MYY US MYY ProShares ETF 1S (P) NYSE Arca DM North America US Mid Cap Blend 0.95% 0.5 (0.8) 29
Direxion Daily S&P 500 Bear 1x Shares SPDN US SPDN.K DirexionShares ETF 1S (P) NYSE Arca DM North America US Large Cap Blend 0.45% 0.4 28.9 29
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares DRIP US DRIP.K DirexionShares ETF 3S (P) NYSE Arca DM North America US Broad Blend 0.95% 12.1 14.6 26
Direxion Daily Real Estate Bear 3X Shares DRV US DRV DirexionShares ETF 3S (P) NYSE Arca DM North America US Broad Blend 0.95% 1.6 12.5 19
Direxion Daily Technology Bear 3X Shares TECS US TECS.K DirexionShares ETF 3S (P) NYSE Arca DM North America US Broad Blend 0.95% 1.5 1.5 19
ProShares UltraShort Basic Materials SMN US SMN ProShares ETF 2S (P) NYSE Arca DM North America US Broad Blend 0.95% 0.4 1.4 15
ProShares Short Basic Materials SBM US SBM ProShares ETF 1S (P) NYSE Arca DM North America US Broad Blend 0.95% 0.1 - 14
ProShares Short SmallCap600 SBB US SBB ProShares ETF 1S (P) NYSE Arca DM North America US Small Cap Blend 0.95% 0.1 - 12
Direxion Daily Mid Cap Bear 3X Shares MIDZ US MIDZ.K DirexionShares ETF 3S (P) NYSE Arca DM North America US Mid Cap Blend 0.95% 0.6 1.7 10
ProShares UltraShort MidCap400 MZZ US MZZ ProShares ETF 2S (P) NYSE Arca DM North America US Mid Cap Blend 0.95% 0.3 (0.1) 8
ProShares Short Oil & Gas DDG US DDG ProShares ETF 1S (P) NYSE Arca DM North America US Broad Blend 0.95% 0.3 - 7
Direxion Daily S&P Biotech Bear 1X Shares LABS US LABS.K DirexionShares ETF 1S (P) NYSE Arca DM North America US Broad Blend 0.45% 0.1 - 7
ProShares UltraShort Technology REW US REW ProShares ETF 2S (P) NYSE Arca DM North America US Broad Blend 0.95% 0.1 - 5
ProShares UltraShort Industrials SIJ US SIJ ProShares ETF 2S (P) NYSE Arca DM North America US Broad Blend 0.95% 0.0 0.9 4
ProShares UltraShort Utilities SDP US SDP ProShares ETF 2S (P) NYSE Arca DM North America US Broad Blend 0.95% 0.2 2.6 4
ProShares UltraPro Short MidCap400 SMDD US SMDD.K ProShares ETF 3S (P) NYSE Arca DM North America US Mid Cap Blend 0.95% 0.2 - 4
ProShares UltraShort SmallCap600 SDD US SDD ProShares ETF 2S (P) NYSE Arca DM North America US Small Cap Blend 0.95% 0.0 - 4
Direxion Daily Homebuilders & Supplies Bear 3X Shares CLAW US CLAW.K DirexionShares ETF 3S (P) NYSE Arca DM North America US Broad Blend 0.95% 0.0 - 3
ProShares UltraShort Health Care RXD US RXD ProShares ETF 2S (P) NYSE Arca DM North America US Broad Blend 0.95% 0.1 (1.2) 3
Direxion Daily Total Market Bear 1X Shares TOTS US TOTS.K DirexionShares ETF 1S (P) NYSE Arca DM North America US Broad Blend 0.65% 0.0 - 3 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
Pag
e 2
7
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country
Cap.
SizeStyle TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
ProShares UltraShort Semiconductors SSG US SSG ProShares ETF 2S (P) NYSE Arca DM North America US Broad Blend 0.95% 0.1 - 3
Direxion Daily Technology Bear 1X Shares TECZ US TECZ.K DirexionShares ETF 1S (P) NYSE Arca DM North America US Broad Blend 0.45% 0.0 2.5 3
ProShares UltraShort Consumer Services SCC US SCC ProShares ETF 2S (P) NYSE Arca DM North America US Broad Blend 0.95% 0.1 - 3
ProShares Short S&P Regional Banking KRS US KRS ProShares ETF 1S (P) NYSE Arca DM North America US Broad Blend 0.95% 0.0 - 2
ProShares UltraPro Short Financial Select Sector FINZ US FINZ.K ProShares ETF 3S (P) NYSE Arca DM North America US Broad Blend 0.95% 0.1 - 2
Direxion Daily Financial Bear 1X Shares FAZZ US FAZZ.K DirexionShares ETF 1S (P) NYSE Arca DM North America US Broad Blend 0.45% 0.0 2.5 2
Direxion Daily Energy Bear 1X Shares ERYY US ERYY.K DirexionShares ETF 1S (P) NYSE Arca DM North America US Broad Blend 0.45% 0.0 2.5 2
Direxion Daily Pharmaceutical & Medical Bear 2X Shares PILS US PILS.K DirexionShares ETF 2S (P) NYSE Arca DM North America US Broad Blend 0.80% 0.0 (2.1) 2
ProShares UltraShort Consumer Goods SZK US SZK ProShares ETF 2S (P) NYSE Arca DM North America US Broad Blend 0.95% 0.1 - 2
Direxion Daily Healthcare Bear 3X Shares SICK US SICK.K DirexionShares ETF 3S (P) NYSE Arca DM North America US Large Cap Blend 0.95% 0.0 - 2
Direxion Daily Regional Banks Bear 3X Shares WDRW US WDRW.K DirexionShares ETF 3S (P) NYSE Arca DM North America US Broad Blend 0.95% 0.1 - 2
ProShares UltraShort Homebuilders & Supplies HBZ US HBZ ProShares ETF 2S (P) NYSE Arca DM North America US Broad Blend 0.95% 0.0 - 1
Fundamental
First Trust Australia AlphaDEX Fund FAUS US FAUS.K First Trust ETF 1L (P) NYSE Arca DM Pacific Australia Large Cap Blend 0.81% 0.0 - 3
First Trust Brazil AlphaDEX Fund FBZ US FBZ First Trust ETF 1L (P) NYSE Arca EM Latin America Brazil Broad Blend 0.83% 0.1 14.5 18
First Trust Canada AlphaDEX Fund FCAN US FCAN.K First Trust ETF 1L (P) NYSE Arca DM North America Canada Broad Blend 0.80% 0.1 (2.3) 7
First Trust China AlphaDEX Fund FCA US FCA First Trust ETF 1L (P) NYSE Arca EM Asia China Broad Blend 0.80% 0.1 - 4
First Trust Germany AlphaDEX Fund FGM US FGM First Trust ETF 1L (P) NYSE Arca DM Eurozone Germany Broad Blend 0.80% 0.4 (3.5) 127
First Trust Hong Kong AlphaDEX Fund FHK US FHK First Trust ETF 1L (P) NYSE Arca DM Pacific Hong Kong Large Cap Blend 0.80% 0.0 - 8
WisdomTree India Earnings Fund EPI US EPI WisdomTree ETF 1L (P) NYSE Arca EM Asia India Broad Blend 0.83% 74.9 (153.3) 1,367
First Trust Japan AlphaDEX Fund FJP US FJP First Trust ETF 1L (P) NYSE Arca DM Pacific Japan Broad Blend 0.80% 1.0 (25.1) 163
First Trust Asia Pacific Ex-Japan AlphaDEX Fund FPA US FPA First Trust ETF 1L (P) NYSE Arca Overall Asia Pacific ex Japan Overall Broad Blend 0.80% 0.2 - 32
PowerShares FTSE RAFI Asia Pacific ex-Japan Portfolio PAF US PAF PowerShares ETF 1L (P) NYSE Arca Overall Asia Pacific ex Japan Overall Broad Blend 0.49% 0.1 0.1 22
First Trust Europe AlphaDEX Fund FEP US FEP First Trust ETF 1L (P) NYSE Arca DM Europe Overall Broad Blend 0.80% 2.0 (33.0) 290
First Trust Eurozone AlphaDEX Fund FEUZ US FEUZ.O First Trust ETF 1L (P) Nasdaq DM Eurozone Overall Broad Blend 0.80% 0.1 (1.6) 7
Schwab Fundamental Emerging Markets Large Company Index
ETF
FNDE US FNDE.K Charles Schwab ETF 1L (P) NYSE Arca EM Global Overall Large Cap Blend 0.46% 2.8 76.6 534
PowerShares FTSE RAFI Emerging Markets Portfolio PXH US PXH PowerShares ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.49% 4.1 58.2 421
First Trust Emerging Markets AlphaDEX Fund FEM US FEM First Trust ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.80% 1.0 4.6 114
First Trust Emerging Markets Small Cap AlphaDEX Fund FEMS US FEMS.K First Trust ETF 1L (P) NYSE Arca EM Global Overall Small Cap Blend 0.80% 0.8 18.8 61
WisdomTree Global SmallCap Dividend Fund GSD US GSD.Z WisdomTree ETF 1L (P) BATS Overall Global Overall Small Cap Dividend 0.43% 0.1 2.8 37
WisdomTree Global Hedged SmallCap Dividend Fund HGSD US HGSD.Z WisdomTree ETF 1L (P) BATS Overall Global Overall Small Cap Dividend 0.43% 0.1 0.1 35
Schwab Fundamental International Large Company Index ETF FNDF US FNDF.K Charles Schwab ETF 1L (P) NYSE Arca DM Global ex US Overall Large Cap Blend 0.32% 4.4 127.9 1,110
PowerShares FTSE RAFI Developed Markets ex-U.S. Portfolio PXF US PXF PowerShares ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.45% 6.0 60.9 690
Schwab Fundamental International Small Company Index ETF FNDC US FNDC.K Charles Schwab ETF 1L (P) NYSE Arca DM Global ex US Overall Small Cap Blend 0.46% 1.8 69.3 488
PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid
Portfolio
PDN US PDN PowerShares ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.49% 0.5 2.7 153
First Trust Developed Markets Ex-US AlphaDEX Fund FDT US FDT First Trust ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.80% 3.9 (1.2) 138
First Trust Developed Markets ex-US Small Cap AlphaDEX Fund FDTS US FDTS.K First Trust ETF 1L (P) NYSE Arca DM Global ex US Overall Small Cap Blend 0.80% 0.0 - 6
WisdomTree Global ex-U.S. Hedged Real Estate Fund HDRW US HDRW.Z WisdomTree ETF 1L (P) BATS DM Global ex US Overall Broad Blend 0.43% 0.0 - 2
First Trust Latin America AlphaDEX Fund FLN US FLN First Trust ETF 1L (P) NYSE Arca EM Latin America Overall Broad Blend 0.82% 0.0 (0.8) 4
First Trust South Korea AlphaDEX Fund FKO US FKO First Trust ETF 1L (P) NYSE Arca EM Asia South Korea Broad Blend 0.80% 0.1 - 2
First Trust Switzerland AlphaDEX Fund FSZ US FSZ First Trust ETF 1L (P) NYSE Arca DM Europe Switzerland Broad Blend 0.80% 0.7 (6.0) 125
First Trust Taiwan AlphaDEX Fund FTW US FTW First Trust ETF 1L (P) NYSE Arca EM Asia Taiwan Broad Blend 0.80% 0.0 (1.4) 5
First Trust United Kingdom AlphaDEX Fund FKU US FKU First Trust ETF 1L (P) NYSE Arca DM Europe UK Large Cap Blend 0.80% 1.3 (12.3) 126
PowerShares FTSE RAFI US 1000 Portfolio PRF US PRF PowerShares ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.39% 12.6 87.3 4,191 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Pag
e 2
8
Deu
tsch
e B
an
k S
ecu
rities In
c.
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country
Cap.
SizeStyle TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
First Trust Consumer Staples AlphaDEX Fund FXG US FXG First Trust ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.70% 16.0 (71.9) 2,533
iShares Edge MSCI USA Quality Factor ETF QUAL US QUAL.K BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.15% 18.1 16.8 2,290
First Trust Utilities AlphaDEX Fund FXU US FXU First Trust ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.70% 16.3 66.5 1,791
First Trust Consumer Discretionary AlphaDEX Fund FXD US FXD First Trust ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.70% 15.1 (174.6) 1,710
First Trust Large Cap Core AlphaDEX Fund FEX US FEX First Trust ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.67% 6.9 (101.1) 1,509
First Trust Energy AlphaDEX Fund FXN US FXN First Trust ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.70% 15.0 165.1 1,506
Schwab Fundamental U.S. Large Company Index ETF FNDX US FNDX.K Charles Schwab ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.32% 5.8 196.6 1,259
First Trust Health Care AlphaDEX Fund FXH US FXH First Trust ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.70% 10.9 (192.6) 1,134
PowerShares FTSE RAFI US 1500 Small-Mid Portfolio PRFZ US PRFZ.O PowerShares ETF 1L (P) Nasdaq DM North America US Broad Blend 0.39% 2.6 (19.1) 1,096
Schwab Fundamental U.S. Small Company Index ETF FNDA US FNDA.K Charles Schwab ETF 1L (P) NYSE Arca DM North America US Small Cap Blend 0.32% 3.4 123.8 831
First Trust Large Cap Value AlphaDEX Fund FTA US FTA First Trust ETF 1L (P) NYSE Arca DM North America US Large Cap Value 0.70% 3.5 (23.9) 794
First Trust Financials AlphaDEX Fund FXO US FXO First Trust ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.70% 6.7 (6.0) 722
WisdomTree MidCap Earnings Fund EZM US EZM WisdomTree ETF 1L (P) NYSE Arca DM North America US Mid Cap Blend 0.38% 1.7 (18.0) 652
First Trust Large Cap Growth AlphaDEX Fund FTC US FTC First Trust ETF 1L (P) NYSE Arca DM North America US Large Cap Growth 0.70% 3.0 (45.1) 627
First Trust Mid Cap Core AlphaDEX Fund FNX US FNX First Trust ETF 1L (P) NYSE Arca DM North America US Mid Cap Blend 0.67% 4.1 (42.4) 608
First Trust Technology AlphaDEX Fund FXL US FXL First Trust ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.70% 4.5 (75.6) 477
First Trust Small Cap Core AlphaDEX Fund FYX US FYX First Trust ETF 1L (P) NYSE Arca DM North America US Small Cap Blend 0.70% 2.1 (29.2) 410
WisdomTree SmallCap Earnings Fund EES US EES WisdomTree ETF 1L (P) NYSE Arca DM North America US Small Cap Blend 0.38% 0.8 (8.0) 371
First Trust Capital Strength ETF FTCS US FTCS.O First Trust ETF 1L (P) Nasdaq DM North America US Large Cap Blend 0.65% 1.5 31.8 221
First Trust Materials AlphaDEX Fund FXZ US FXZ First Trust ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.70% 4.9 108.1 203
WisdomTree LargeCap Value Fund EZY US EZY WisdomTree ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.38% 1.4 59.8 197
Schwab Fundamental U.S. Broad Market Index ETF FNDB US FNDB.K Charles Schwab ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.32% 0.6 10.3 194
Barron's 400 ETF BFOR US BFOR.K ALPS ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.65% 0.4 (12.1) 166
First Trust Industrials/Producer Durables AlphaDEX Fund FXR US FXR First Trust ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.70% 2.7 7.6 162
WisdomTree Earnings 500 Fund EPS US EPS WisdomTree ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.28% 0.3 (3.4) 115
First Trust Multi Cap Value AlphaDEX Fund FAB US FAB First Trust ETF 1L (P) NYSE Arca DM North America US Broad Value 0.70% 0.5 (10.7) 98
First Trust Multi Cap Growth AlphaDEX Fund FAD US FAD First Trust ETF 1L (P) NYSE Arca DM North America US Broad Growth 0.70% 0.6 (17.0) 82
First Trust Mid Cap Growth AlphaDEX Fund FNY US FNY First Trust ETF 1L (P) NYSE Arca DM North America US Mid Cap Growth 0.70% 0.5 (3.9) 78
WisdomTree Total Earnings Fund EXT US EXT WisdomTree ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.28% 0.2 - 58
First Trust Small Cap Growth AlphaDEX Fund FYC US FYC First Trust ETF 1L (P) NYSE Arca DM North America US Small Cap Growth 0.70% 0.6 3.3 50
First Trust Mid Cap Value AlphaDEX Fund FNK US FNK First Trust ETF 1L (P) NYSE Arca DM North America US Mid Cap Value 0.70% 0.8 7.0 48
First Trust Small Cap Value AlphaDEX Fund FYT US FYT First Trust ETF 1L (P) NYSE Arca DM North America US Small Cap Value 0.70% 1.3 (1.5) 47
First Trust Dow Jones Select MicroCap Index Fund FDM US FDM First Trust ETF 1L (P) NYSE Arca DM North America US Small Cap Blend 0.60% 0.1 (3.4) 45
First Trust Mega Cap AlphaDEX Fund FMK US FMK First Trust ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.70% 0.1 0.0 16
First Trust Total US Market AlphaDEX ETF TUSA US TUSA.O First Trust ETF 1L (P) Nasdaq DM North America US Broad Blend 0.70% 0.0 - 9
Quantitative
SPDR MSCI Australia Quality Mix ETF QAUS US QAUS.K State Street ETF 1L (P) NYSE Arca DM Pacific Australia Broad Blend 0.30% 0.1 - 9
SPDR MSCI Canada Quality Mix ETF QCAN US QCAN.K State Street ETF 1L (P) NYSE Arca DM North America Canada Broad Blend 0.30% 0.1 - 15
SPDR MSCI Germany Quality Mix ETF QDEU US QDEU.K State Street ETF 1L (P) NYSE Arca DM Eurozone Germany Broad Blend 0.30% 0.2 2.5 12
iShares Edge MSCI Min Vol Japan ETF JPMV US JPMV.K BlackRock ETF 1L (P) NYSE Arca DM Pacific Japan Broad Blend 0.30% 0.5 5.7 47
Goldman Sachs ActiveBeta Japan Equity ETF GSJY US GSJY.K Goldman Sachs ETF 1L (P) NYSE Arca DM Pacific Japan Broad Blend 0.25% 0.0 - 32
Global X Scientific Beta Japan ETF SCIJ US SCIJ.K Global X Funds ETF 1L (P) NYSE Arca DM Pacific Japan Large Cap Blend 0.38% 0.0 - 13
SPDR MSCI Japan Quality Mix ETF QJPN US QJPN.K State Street ETF 1L (P) NYSE Arca DM Pacific Japan Broad Blend 0.30% 0.1 - 13
WisdomTree Japan Hedged Quality Dividend Growth Fund JHDG US JHDG.K WisdomTree ETF 1L (P) NYSE Arca DM Pacific Japan Broad Dividend 0.43% 0.1 (4.3) 10 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
Pag
e 2
9
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country
Cap.
SizeStyle TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
WisdomTree Japan Quality Dividend Growth Fund JDG US JDG WisdomTree ETF 1L (P) NYSE Arca DM Pacific Japan Broad Dividend 0.43% 0.0 - 2
PowerShares Japan Currency Hedged Low Volatility Portfolio FXJP US FXJP.K PowerShares ETF 1L (P) NYSE Arca DM Pacific Japan Broad Blend 0.25% 0.1 - 1
SPDR MSCI Mexico Quality Mix ETF QMEX US QMEX.K State Street ETF 1L (P) NYSE Arca EM Latin America Mexico Broad Blend 0.40% 0.1 - 2
iShares Edge MSCI Min Vol Asia ex Japan ETF AXJV US AXJV.K BlackRock ETF 1L (P) NYSE Arca Overall Asia ex Japan Overall Broad Blend 0.35% 0.2 105.8 117
Global X Scientific Beta Asia ex-Japan ETF SCIX US SCIX.K Global X Funds ETF 1L (P) NYSE Arca DM Asia ex Japan Overall Large Cap Blend 0.38% 0.0 - 2
JPMorgan Diversified Return Europe Equity ETF JPEU US JPEU.K JPMorgan ETF 1L (P) NYSE Arca DM Europe Overall Broad Blend 0.43% 0.1 25.9 55
Goldman Sachs ActiveBeta Europe Equity ETF GSEU US GSEU.K Goldman Sachs ETF 1L (P) NYSE Arca DM Europe Overall Broad Blend 0.25% 0.1 1.3 33
iShares Edge MSCI Min Vol Europe ETF EUMV US EUMV.K BlackRock ETF 1L (P) NYSE Arca DM Europe Overall Broad Blend 0.25% 0.2 2.3 30
JPMorgan Diversified Return Europe Currency Hedged ETF JPEH US JPEH.K JPMorgan ETF 1L (P) NYSE Arca DM Europe Overall Broad Blend 0.49% 0.4 25.5 26
WisdomTree Europe Quality Dividend Growth Fund EUDG US EUDG.K WisdomTree ETF 1L (P) NYSE Arca DM Europe Overall Broad Dividend 0.58% 0.1 (2.2) 15
Global X Scientific Beta Europe ETF SCID US SCID.K Global X Funds ETF 1L (P) NYSE Arca DM Europe Overall Large Cap Blend 0.38% 0.0 - 12
ETFS Diversified-Factor Developed Europe Index Fund SBEU US SBEU.K ETF Securities ETF 1L (P) NYSE Arca DM Europe Overall Broad Blend 0.40% 0.0 - 1
Pacer Trendpilot European Index ETF PTEU US PTEU.Z Pacer Advisors ETF 1L (P) BATS DM Eurozone Overall Broad Blend 0.65% 0.1 6.1 24
Pacer Autopilot Hedged European Index ETF PAEU US PAEU.Z Pacer Advisors ETF 1L (P) BATS DM Eurozone Overall Broad Blend 0.65% 0.0 - 2
iShares Edge MSCI Min Vol Emerging Markets ETF EEMV US EEMV.K BlackRock ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.25% 38.6 573.9 3,841
iShares Edge MSCI Min Vol Global ETF ACWV US ACWV.K BlackRock ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.20% 16.9 346.9 3,148
Goldman Sachs ActiveBeta Emerging Markets Equity ETF GEM US GEM Goldman Sachs ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.45% 2.3 116.4 758
Vident International Equity Fund VIDI US VIDI.O Exchange Traded Concepts ETF 1L (P) Nasdaq Overall Global Overall Broad Blend 0.75% 0.9 - 561
First Trust Dorsey Wright International Focus 5 ETF IFV US IFV.O First Trust ETF 1L (P) Nasdaq Overall Global Overall Broad Blend 0.30% 3.5 (28.8) 457
FlexShares Morningstar Emerging Markets Factor Tilt Index
Fund
TLTE US TLTE.K FlexShares ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.65% 1.5 12.7 271
PowerShares S&P Emerging Markets Low Volatility Portfolio EELV US EELV.K PowerShares ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.29% 1.8 44.7 191
PowerShares DWA Emerging Markets Momentum Portfolio PIE US PIE PowerShares ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.90% 1.0 5.4 166
SPDR MSCI Emerging Markets Quality Mix ETF QEMM US QEMM.K State Street ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.30% 1.3 10.0 112
IQ ARB Global Resources ETF GRES US GRES.K IndexIQ Advisors ETF 1L (P) NYSE Arca DM Global Overall Broad Blend 0.75% 0.8 26.7 88
JPMorgan Diversified Return Global Equity ETF JPGE US JPGE.K JPMorgan ETF 1L (P) NYSE Arca DM Global Overall Broad Blend 0.38% 0.4 10.1 71
WisdomTree Emerging Markets Quality Dividend Growth Fund DGRE US DGRE.O WisdomTree ETF 1L (P) Nasdaq EM Global Overall Broad Dividend 0.63% 0.1 - 32
iShares Edge MSCI Multifactor Emerging Markets ETF EMGF US EMGF.Z BlackRock ETF 1L (P) BATS EM Global Overall Broad Blend 0.65% 0.4 24.1 28
FlexShares Currency Hedged Morningstar EM Factor Tilt Index
Fund
TLEH US TLEH.K FlexShares ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.70% 0.1 3.0 27
JPMorgan Diversified Return Emerging Markets Equity ETF JPEM US JPEM.K JPMorgan ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.45% 0.1 - 27
Franklin LibertyQ Emerging Markets ETF FLQE US FLQE.K Franklin Templeton Investments ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.55% 0.0 25.9 27
Franklin LibertyQ Global Dividend ETF FLQD US FLQD.K Franklin Templeton Investments ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.45% 0.1 25.7 26
Franklin LibertyQ Global Equity ETF FLQG US FLQG.K Franklin Templeton Investments ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.35% 0.1 25.5 26
GaveKal Knowledge Leaders Developed World ETF KLDW US KLDW.K Exchange Traded Concepts ETF 1L (P) NYSE Arca DM Global Overall Broad Blend 0.75% 0.2 7.8 23
Lattice Emerging Markets Strategy ETF ROAM US ROAM.K Lattice Strategies ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.65% 0.1 - 21
EGShares EM Quality Dividend ETF HILO US HILO.K Emerging Global Shares ETF 1L (P) NYSE Arca EM Global Overall Broad Dividend 0.85% 0.1 0.0 16
Victory CEMP Emerging Market Volatility Wtd Index ETF CEZ US CEZ.O Compass EMP ETF 1L (P) Nasdaq EM Global Overall Broad Blend 0.50% 0.2 10.0 13
Pacer Global High Dividend ETF PGHD US PGHD.Z Pacer Advisors ETF 1L (P) BATS DM Global Overall Large Cap Dividend 0.60% 0.2 8.0 11
Lattice Global Small Cap Strategy ETF ROGS US ROGS.K Lattice Strategies ETF 1L (P) NYSE Arca Overall Global Overall Small Cap Blend 0.60% 0.0 2.4 9
Legg Mason Emerging Markets Diversified Core ETF EDBI US EDBI.O Legg Mason GAM ETF 1L (P) Nasdaq EM Global Overall Broad Blend 0.50% 0.1 (0.0) 7
SPDR MSCI World Quality Mix ETF QWLD US QWLD.K State Street ETF 1L (P) NYSE Arca DM Global Overall Broad Blend 0.30% 0.0 - 6
iShares Edge MSCI Min Vol EM Currency Hedged ETF HEMV US HEMV.Z BlackRock ETF 1L (P) BATS EM Global Overall Broad Blend 0.28% 0.0 - 6
iShares MSCI EM ESG Select ETF ESGE US ESGE.O BlackRock ETF 1L (P) Nasdaq EM Global Overall Broad Blend 0.45% - 5.3 5
Columbia Sustainable Global Equity Income ETF ESGW US ESGW.K Columbia Management ETF 1L (P) NYSE Arca Overall Global Overall Broad Dividend 0.40% 0.0 4.8 5
GaveKal Knowledge Leaders Emerging Markets ETF KLEM US KLEM.K Exchange Traded Concepts ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.95% 0.0 1.1 5 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Pag
e 3
0
Deu
tsch
e B
an
k S
ecu
rities In
c.
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country
Cap.
SizeStyle TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
iShares Edge MSCI Multifactor Global ETF ACWF US ACWF.K BlackRock ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.50% 0.0 - 5
PowerShares S&P International Developed Momentum Portfolio IDMO US IDMO.K PowerShares ETF 1L (P) NYSE Arca DM Global Overall Broad Blend 0.26% 0.1 - 4
REX Gold Hedged FTSE Emerging Markets ETF GHE US GHE Exchange Traded Concepts ETF 1LS (P) NYSE Arca EM Global Overall Broad Blend 0.65% 0.0 2.5 3
iShares Edge MSCI Min Vol Global Currency Hedged ETF HACV US HACV.Z BlackRock ETF 1L (P) BATS Overall Global Overall Broad Blend 0.23% 0.0 - 3
WisdomTree Emerging Markets Dividend Fund DVEM US DVEM.Z WisdomTree ETF 1L (P) BATS EM Global Overall Broad Dividend 0.32% 0.1 2.5 3
Deutsche X-trackers FTSE Emerging Comprehensive Factor ETF DEMG US DEMG.K Deutsche AM ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.50% 0.0 2.5 2
OppenheimerFunds Global Growth Revenue ETF RGRO US RGRO.K OppenheimerFunds ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.70% 0.0 - 2
PowerShares S&P Emerging Markets Momentum Portfolio EEMO EEMO.K PowerShares ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.29% 0.0 - 2
FlexShares Real Assets Allocation Index Fund ASET US ASET.O FlexShares ETF 1L (P) Nasdaq DM Global Overall Broad Blend 0.58% 0.0 - 1
PowerShares Developed EuroPacific Currency Hedged Low
Volatility Portfolio
FXEP US FXEP.K PowerShares ETF 1L (P) NYSE Arca DM Global Overall Broad Blend 0.25% 0.0 - 1
iShares Edge MSCI Min Vol EAFE ETF EFAV US EFAV.K BlackRock ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.20% 69.3 1,404.4 7,346
FlexShares Morningstar Developed Markets ex-US Factor Tilt
Index Fund
TLTD US TLTD.K FlexShares ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.42% 2.8 33.5 575
WisdomTree International Hedged Quality Dividend Growth
Fund
IHDG US IHDG.K WisdomTree ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Dividend 0.58% 7.0 (294.1) 439
JPMorgan Diversified Return International Equity ETF JPIN US JPIN.K JPMorgan ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.43% 3.9 168.9 355
PowerShares S&P International Developed Low Volatility
Portfolio
IDLV US IDLV.K PowerShares ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.25% 3.3 72.1 294
PowerShares DWA Developed Markets Momentum Portfolio PIZ US PIZ PowerShares ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.80% 1.6 (1.2) 206
Goldman Sachs ActiveBeta International Equity ETF GSIE US GSIE.K Goldman Sachs ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.35% 1.9 80.1 185
PowerShares FTSE International Low Beta Equal Weight
Portfolio
IDLB US IDLB.O PowerShares ETF 1L (P) Nasdaq DM Global ex US Overall Broad Blend 0.45% 0.3 8.8 137
PowerShares Russell 1000 Low Beta Equal Weight Portfolio USLB US USLB.O PowerShares ETF 1L (P) Nasdaq DM Global ex US Overall Large Cap Blend 0.35% 0.2 (0.5) 131
iShares Edge MSCI Multifactor Intl ETF INTF US INTF.K BlackRock ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.45% 1.0 52.6 104
WisdomTree Global ex-U.S. Dividend Growth Fund DNL US DNL WisdomTree ETF 1L (P) NYSE Arca Overall Global ex US Overall Broad Growth 0.58% 0.3 (4.8) 61
iShares Edge MSCI Intl Value Factor ETF IVLU US IVLU.K BlackRock ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Value 0.30% 0.1 - 36
Victory CEMP Developed 500 Enhanced Volatility Weighted
Index ETF
CIZ US CIZ.O Compass EMP ETF 1L (P) Nasdaq DM Global ex US Overall Large Cap Blend 0.78% 0.2 3.0 35
Lattice Developed Markets (ex-US) Strategy ETF RODM US RODM.K Lattice Strategies ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.50% 0.1 2.4 28
JPMorgan Diversified Return International Currency Hedged ETF JPIH US JPIH.K JPMorgan ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.49% 0.4 25.6 25
Franklin LibertyQ International Equity Hedged ETF FLQH US FLQH.K Franklin Templeton Investments ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.40% 0.1 25.4 25
PowerShares S&P International Developed Quality Portfolio IDHQ US IDHQ.K PowerShares ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.45% 0.1 4.0 24
Victory CEMP International High Dividend 100 Volatility
Weighted Index ETF
CID US CID.O Compass EMP ETF 1L (P) Nasdaq DM Global ex US Overall Broad Dividend 0.45% 0.2 1.6 17
iShares Edge MSCI Intl Quality Factor ETF IQLT US IQLT.K BlackRock ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.30% 0.1 - 15
Victory CEMP International 500 Volatility Weighted Index ETF CIL US CIL.O Compass EMP ETF 1L (P) Nasdaq DM Global ex US Overall Large Cap Blend 0.45% 0.1 3.4 13
iShares Edge MSCI Intl Momentum Factor ETF IMTM US IMTM.K BlackRock ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.30% 0.0 - 13
iShares Edge MSCI Min Vol EAFE Currency Hedged ETF HEFV US HEFV.Z BlackRock ETF 1L (P) BATS DM Global ex US Overall Broad Blend 0.23% 0.1 - 9
SPDR MSCI EAFE Quality Mix ETF QEFA US QEFA.K State Street ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.30% 0.0 - 5
iShares MSCI EAFE ESG Select ETF ESGD US ESGD.O BlackRock ETF 1L (P) Nasdaq DM Global ex US Overall Broad Blend 0.40% 0.0 5.3 5
Legg Mason Developed ex-US Diversified Core ETF DDBI US DDBI.O Legg Mason GAM ETF 1L (P) Nasdaq DM Global ex US Overall Broad Blend 0.40% 0.0 (0.0) 5
iShares Edge MSCI Multifactor Intl Small-Cap ETF ISCF US ISCF.K BlackRock ETF 1L (P) NYSE Arca DM Global ex US Overall Small Cap Blend 0.60% 0.0 - 5
Columbia Sustainable International Equity Income ETF ESGN US ESGN.K Columbia Management ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Dividend 0.45% 0.0 4.8 5
iShares Edge MSCI Intl Size Factor ETF ISZE US ISZE.K BlackRock ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.30% 0.0 - 5
WisdomTree Global ex-U.S. Hedged Dividend Fund DXUS US DXUS.K WisdomTree ETF 1L (P) NYSE Arca Overall Global ex US Overall Broad Blend 0.44% 0.0 - 4
AlphaClone International ETF ALFI US ALFI.K Exchange Traded Concepts ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.95% 0.1 1.0 4
FlexShares Currency Hedged Morningstar DM ex-US Factor Tilt
Index Fund
TLDH US TLDH.K FlexShares ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.47% 0.0 - 3
WisdomTree International Quality Dividend Growth Fund IQDG US IQDG.Z WisdomTree ETF 1L (P) BATS DM Global ex US Overall Broad Dividend 0.38% 0.0 2.5 2
Deutsche X-trackers FTSE Developed Ex US Comprehensive
Factor ETF
DEEF US DEEF.K Deutsche AM ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.35% 0.0 - 2
WisdomTree International Hedged Equity Fund HDWM US HDWM.K WisdomTree ETF 1L (P) NYSE Arca DM Global ex US Overall Broad Blend 0.35% 0.0 (2.3) 2 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
Pag
e 3
1
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country
Cap.
SizeStyle TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
WisdomTree International Hedged Smallcap Dividend Fund HDLS US HDLS.K WisdomTree ETF 1L (P) NYSE Arca Overall Global ex US Overall Small Cap Blend 0.58% 0.0 1.2 2
SPDR MSCI South Korea Quality Mix ETF QKOR US QKOR.K State Street ETF 1L (P) NYSE Arca EM Asia South Korea Broad Blend 0.40% 0.1 - 3
SPDR MSCI Spain Quality Mix ETF QESP US QESP.K State Street ETF 1L (P) NYSE Arca DM Eurozone Spain Broad Blend 0.30% 0.0 - 2
SPDR MSCI Taiwan Quality Mix ETF QTWN US QTWN.K State Street ETF 1L (P) NYSE Arca EM Asia Taiwan Broad Blend 0.40% 0.0 - 5
SPDR MSCI UK Quality Mix ETF QGBR US QGBR.K State Street ETF 1L (P) NYSE Arca DM Europe UK Broad Blend 0.30% 0.1 - 2
iShares Edge MSCI Min Vol USA ETF USMV US USMV.K BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.15% 165.3 2,761.2 14,747
PowerShares S&P 500 Low Volatility Portfolio SPLV US SPLV.K PowerShares ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.25% 93.8 546.0 7,639
First Trust Dorsey Wright Focus 5 ETF FV US FV.O First Trust ETF 1L (P) Nasdaq DM North America US Broad Blend 0.30% 27.9 (335.4) 3,188
PowerShares S&P 500 High Dividend Low Volatility Portfolio SPHD US SPHD.K PowerShares ETF 1L (P) NYSE Arca DM North America US Large Cap Dividend 0.30% 31.4 883.9 2,113
iShares Edge MSCI USA Momentum Factor ETF MTUM US MTUM.K BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.15% 16.6 171.9 1,444
PowerShares DWA Momentum Portfolio PDP US PDP PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.74% 8.1 (337.3) 1,389
PowerShares Dynamic Pharmaceuticals Portfolio PJP US PJP PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.63% 8.3 (75.8) 1,140
PowerShares S&P 500 Quality Portfolio SPHQ US SPHQ.P PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.29% 6.6 160.4 996
iShares Edge MSCI USA Value Factor ETF VLUE US VLUE.K BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Value 0.15% 2.6 167.4 890
Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF GSLC US GSLC.K Goldman Sachs ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.09% 6.3 243.1 675
WisdomTree U.S. Quality Dividend Growth Fund DGRW US DGRW.O WisdomTree ETF 1L (P) Nasdaq DM North America US Large Cap Dividend 0.28% 2.9 34.2 636
PowerShares S&P MidCap Low Volatility Portfolio XMLV US XMLV.K PowerShares ETF 1L (P) NYSE Arca DM North America US Mid Cap Blend 0.25% 5.7 171.7 530
Vident Core US Equity ETF VUSE US VUSE.O Exchange Traded Concepts ETF 1L (P) Nasdaq DM North America US Broad Blend 0.75% 0.7 7.6 446
PowerShares S&P SmallCap Low Volatility Portfolio XSLV US XSLV.K PowerShares ETF 1L (P) NYSE Arca DM North America US Small Cap Blend 0.25% 3.6 112.4 437
SPDR Russell 1000 Low Volatility Focus ETF ONEV US ONEV.K State Street ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.20% 0.4 25.1 386
Pacer Trendpilot 750 ETF PTLC US PTLC.Z Pacer Advisors ETF 1L (P) BATS DM North America US Large Cap Blend 0.60% 2.4 27.5 381
SPDR Russell 1000 Yield Focus ETF ONEY US ONEY.K State Street ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.20% 0.0 - 359
SPDR Russell 1000 Momentum Focus ETF ONEO US ONEO.K State Street ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.20% 0.1 0.1 346
PowerShares DWA Consumer Staples Momentum Portfolio PSL US PSL PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.65% 1.7 (47.4) 330
Global X SuperDividend U.S. ETF DIV US DIV Global X Funds ETF 1L (P) NYSE Arca DM North America US Broad Dividend 0.45% 2.7 31.0 324
PowerShares Aerospace & Defense Portfolio PPA US PPA PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.66% 1.3 5.4 314
PowerShares S&P 500 BuyWrite Portfolio PBP US PBP PowerShares ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.75% 2.1 (30.8) 284
PowerShares Dynamic Food & Beverage Portfolio PBJ US PBJ PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.63% 2.1 (77.5) 258
PowerShares DWA Utilities Momentum Portfolio PUI US PUI PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.63% 1.4 8.1 258
PowerShares Dynamic Biotechnology & Genome Portfolio PBE US PBE PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.63% 1.6 (11.4) 241
iShares Edge MSCI USA Size Factor ETF SIZE US SIZE.K BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.15% 0.1 (0.0) 211
PowerShares DWA Basic Materials Momentum Portfolio PYZ US PYZ PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.65% 3.0 129.8 202
PowerShares DWA Tactical Sector Rotation Portfolio DWTR US DWRT.O PowerShares ETF 1L (P) Nasdaq DM North America US Broad Blend 0.15% 1.0 14.4 168
PowerShares DWA SmallCap Momentum Portfolio DWAS US DWAS.K PowerShares ETF 1L (P) NYSE Arca DM North America US Small Cap Blend 0.61% 1.0 (17.3) 168
Direxion All Cap Insider Sentiment Shares KNOW US KNOW.K DirexionShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.65% 1.3 21.7 168
PowerShares DWA Technology Momentum Portfolio PTF US PTF PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.65% 1.1 (37.0) 163
Pacer Trendpilot 450 ETF PTMC US PTMC.Z Pacer Advisors ETF 1L (P) BATS DM North America US Mid Cap Blend 0.60% 0.9 13.3 160
Victory CEMP U.S. EQ Income 100 Enhanced Volatility
Weighted Index ETF
CDC US CDC.O Compass EMP ETF 1L (P) Nasdaq DM North America US Large Cap Dividend 0.68% 1.1 39.7 156
PowerShares DWA Energy Momentum Portfolio PXI US PXI PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.66% 0.5 12.6 154
PowerShares Russell Top 200 Pure Growth Portfolio PXLG US PXLG.K PowerShares ETF 1L (P) NYSE Arca DM North America US Large Cap Growth 0.39% 0.2 (6.2) 146
PowerShares S&P 500 Downside Hedged Portfolio PHDG US PHDG.K PowerShares ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.39% 3.5 (180.1) 144
PowerShares S&P 500 Ex-Rate Sensitive Low Volatility Portfolio XRLV US XRLV.K PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.25% 0.6 8.1 142
Victory CEMP US 500 Enhanced Volatility Weighted Index ETF CFO US CFO.O Compass EMP ETF 1L (P) Nasdaq DM North America US Large Cap Blend 0.68% 0.8 16.6 141
Guggenheim Mid-Cap Core ETF CZA US CZA Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US Mid Cap Blend 0.68% 0.5 (2.3) 137 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Pag
e 3
2
Deu
tsch
e B
an
k S
ecu
rities In
c.
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country
Cap.
SizeStyle TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
PowerShares Dynamic Market Portfolio PWC US PWC PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.60% 0.2 (10.8) 136
PowerShares Dynamic Leisure and Entertainment Portfolio PEJ US PEJ PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.63% 1.6 (50.1) 121
OppenheimerFunds Ultra Dividend Revenue ETF RDIV US RDIV.K OppenheimerFunds ETF 1L (P) NYSE Arca DM North America US Broad Dividend 0.49% 1.1 36.6 110
iShares Edge MSCI Multifactor USA ETF LRGF US LRGF.K BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.35% 1.2 30.3 102
PowerShares S&P 500 High Beta Portfolio SPHB US SPHB.K PowerShares ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.25% 3.0 36.3 95
PowerShares Dynamic Media Portfolio PBS US PBS PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.63% 0.5 (2.4) 87
PowerShares Dynamic Software Portfolio PSJ US PSJ PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.63% 0.2 (4.6) 73
PowerShares DWA Healthcare Momentum Portfolio PTH US PTH PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.65% 0.5 (6.7) 71
Deep Value ETF DVP US DVP Exchange Traded Concepts ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.80% 0.1 (0.1) 68
SPDR Russell 1000 Low Volatility ETF LGLV US LGLV.K State Street ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.12% 1.2 19.6 68
PowerShares Dynamic Energy Exploration & Production
Portfolio
PXE US PXE PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.65% 0.4 (2.3) 66
PowerShares Dynamic Building & Construction Portfolio PKB US PKB PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.63% 0.4 4.1 66
SPDR Russell 2000 Low Volatility ETF SMLV US SMLV.K State Street ETF 1L (P) NYSE Arca DM North America US Small Cap Blend 0.12% 0.5 11.5 66
PowerShares Russell Top 200 Pure Value Portfolio PXLV US PXLV.K PowerShares ETF 1L (P) NYSE Arca DM North America US Large Cap Value 0.39% 0.3 (4.0) 64
Legg Mason Low Volatility High Dividend ETF LVHD US LVHD.O Legg Mason GAM ETF 1L (P) Nasdaq DM North America US Broad Dividend 0.30% 1.0 47.9 61
PowerShares Russell Midcap Pure Growth Portfolio PXMG US PXMG.K PowerShares ETF 1L (P) NYSE Arca DM North America US Mid Cap Growth 0.39% 0.3 (7.0) 61
Pacer Trendpilot 100 ETF PTNQ US PTNQ.Z Pacer Advisors ETF 1L (P) BATS DM North America US Large Cap Blend 0.65% 0.8 (4.9) 59
PowerShares Russell 2000 Pure Value Portfolio PXSV US PXSV.K PowerShares ETF 1L (P) NYSE Arca DM North America US Small Cap Value 0.39% 0.1 (1.4) 59
iShares MSCI USA Equal Weighted ETF EUSA US EUSA.K BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.15% 0.1 8.7 57
PowerShares DWA Consumer Cyclicals Momentum Portfolio PEZ US PEZ PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.65% 3.2 (186.2) 56
First Trust Value Line 100 ETF FVL US FVL First Trust ETF 1L (P) NYSE Arca DM North America US Broad Value 0.70% 0.1 - 50
PowerShares Dynamic Semiconductors Portfolio PSI US PSI PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.63% 0.3 (3.7) 49
Victory CEMP US 500 Volatility Weighted Index ETF CFA US CFA.O Compass EMP ETF 1L (P) Nasdaq DM North America US Large Cap Blend 0.58% 0.5 11.0 45
PowerShares Russell Midcap Pure Value Portfolio PXMV US PXMV.K PowerShares ETF 1L (P) NYSE Arca DM North America US Mid Cap Value 0.40% 0.5 (2.1) 45
Global X Scientific Beta US ETF SCIU US SCIU.K Global X Funds ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.35% 0.6 19.9 43
Janus Velocity Volatility Hedged Large Cap ETF SPXH US SPXH.K ALPS ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.65% 0.2 2.9 43
PowerShares DWA Industrials Momentum Portfolio PRN US PRN PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.65% 0.2 (11.5) 43
PowerShares Dynamic Oil & Gas Services Portfolio PXJ US PXJ PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.62% 0.1 (0.0) 42
WisdomTree U.S. Quality SmallCap Dividend Growth Fund DGRS US DGRS.O WisdomTree ETF 1L (P) Nasdaq DM North America US Small Cap Dividend 0.38% 0.3 5.6 42
Victory CEMP US Large Cap High Dividend 100 Volatility
Weighted Index ETF
CDL US CDL.O Compass EMP ETF 1L (P) Nasdaq DM North America US Large Cap Dividend 0.35% 0.4 7.3 41
PowerShares DWA NASDAQ Momentum Portfolio DWAQ US DWAQ.K PowerShares ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.61% 0.1 (0.0) 36
JPMorgan Diversified Return US Equity ETF JPUS US JPUS.K JPMorgan ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.29% 0.1 - 34
PowerShares DWA Financial Momentum Portfolio PFI US PFI PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.75% 0.1 (4.5) 33
PowerShares Russell Top 200 Equal Weight Portfolio EQWL US EQWL.K PowerShares ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.25% 0.1 (4.0) 32
JPMorgan Diversified Return US Mid Cap Equity ETF JPME US JPME.K JPMorgan ETF 1L (P) NYSE Arca DM North America US Mid Cap Blend 0.34% 0.0 30.1 31
PowerShares Russell 2000 Pure Growth Portfolio PXSG US PXSG.K PowerShares ETF 1L (P) NYSE Arca DM North America US Small Cap Growth 0.41% 0.1 0.2 27
Lattice US Equity Strategy ETF ROUS US ROUS.K Lattice Strategies ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.35% 0.0 - 27
Victory CEMP US Discovery 500 Enhanced Volatility Weighted
Fund ETF
CSF US CSF.O Compass EMP ETF 1L (P) Nasdaq DM North America US Small Cap Blend 0.68% 0.2 (1.7) 27
Janus Velocity Tail Risk Hedged Large Cap ETF TRSK US TRSK.K ALPS ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.65% 0.4 5.6 24
PowerShares Russell Midcap Equal Weight Portfolio EQWM US EQWM.K PowerShares ETF 1L (P) NYSE Arca DM North America US Mid Cap Blend 0.25% 0.1 (1.9) 24
PowerShares Zacks Micro Cap Portfolio PZI US PZI PowerShares ETF 1L (P) NYSE Arca DM North America US Small Cap Blend 0.93% 0.0 (2.4) 21
John Hancock Multifactor Health Care ETF JHMH US JHMH.K John Hancock Investments ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.50% 0.1 3.9 21
PowerShares Dynamic Networking Portfolio PXQ US PXQ PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.64% 0.1 - 20
John Hancock Multifactor Technology ETF JHMT US JHMT.K John Hancock Investments ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.50% 0.0 - 19 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
Pag
e 3
3
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country
Cap.
SizeStyle TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
SPDR S&P 1500 Momentum Tilt ETF MMTM US MMTM.K State Street ETF 1L (P) NYSE Arca DM North America US Broad Growth 0.12% 0.1 - 18
Diamond Hill Valuation-Weighted 500 ETF DHVW US DHVW.K Diamond Hill Invesment ETF 1L (P) NYSE Arca DM North America US Large Cap Value 0.10% 0.3 1.2 18
PowerShares Retail Portfolio PMR US PMR PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.63% 0.2 (3.5) 17
John Hancock Multifactor Financials ETF JHMF US JHMF.K John Hancock Investments ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.50% 0.1 0.0 17
Global X JPMorgan US Sector Rotator Index ETF SCTO US SCTO.K Global X Funds ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.86% 0.1 1.2 17
John Hancock Multifactor Consumer Discretionary ETF JHMC US JHMC.K John Hancock Investments ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.50% 0.0 1.3 16
Deutsche X-trackers Russell 1000 Comprehensive Factor ETF DEUS US DEUS.K Deutsche AM ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.25% 0.3 13.0 16
Aptus Behavioral Momentum ETF BEMO US BEMO.Z Aptus Capital ETF 1LS (P) BATS DM North America US Large Cap Blend 0.79% 0.2 13.8 14
Victory CEMP US Small Cap High Dividend 100 Volatility
Weighted Index ETF
CSB US CSB.O Compass EMP ETF 1L (P) Nasdaq DM North America US Small Cap Dividend 0.35% 0.1 1.7 14
iShares Edge MSCI Multifactor USA Small-Cap ETF SMLF US SMLF.K BlackRock ETF 1L (P) NYSE Arca DM North America US Small Cap Blend 0.50% 0.2 6.1 13
PowerShares Russell 2000 Equal Weight Portfolio EQWS US EQWS.K PowerShares ETF 1L (P) NYSE Arca DM North America US Small Cap Blend 0.26% 0.0 - 13
Victory CEMP Small Cap 500 Volatility Weighted Index ETF CSA US CSA.O Compass EMP ETF 1L (P) Nasdaq DM North America US Small Cap Blend 0.35% 0.0 - 10
WeatherStorm Forensic Accounting Long-Short ETF FLAG US FLAG.K Exchange Traded Concepts ETF 1LS (P) NYSE Arca DM North America US Large Cap Blend 0.85% 0.0 (1.6) 10
Direxion S&P 500 DRRC Index Volatility Response Shares VSPY US VSPY.K DirexionShares ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.45% 0.1 (2.7) 8
ETFS Diversified-Factor US Large Cap Index Fund SBUS US SBUS.K ETF Securities ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.40% 0.1 1.3 8
Principal Price Setters Index ETF PSET US PSET.O Principal Management ETF 1L (P) Nasdaq DM North America US Broad Blend 0.40% 0.0 0.0 7
Principal Shareholder Yield Index ETF PY US PY.OQ Principal Management ETF 1L (P) Nasdaq DM North America US Broad Blend 0.40% 0.0 - 6
SPDR MSCI USA Quality Mix ETF QUS US QUS State Street ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.15% 0.1 3.0 6
John Hancock Multifactor Energy ETF JHME US JHME.K John Hancock Investments ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.50% 0.0 - 5
John Hancock Multifactor Utilities ETF JHMU US JHMU.K John Hancock Investments ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.50% 0.0 - 5
John Hancock Multifactor Consumer Staples ETF JHMS US JHMS.K John Hancock Investments ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.50% 0.0 - 5
John Hancock Multifactor Materials ETF JHMA US JHMA.K John Hancock Investments ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.50% 0.0 - 5
John Hancock Multifactor Industrials ETF JHMI US JHMI.K John Hancock Investments ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.50% 0.0 - 5
Columbia Sustainable US Equity Income ETF ESGS US ESGS.K Columbia Management ETF 1L (P) NYSE Arca DM North America US Broad Dividend 0.35% 0.0 4.9 5
Arrow QVM Equity Factor ETF QVM US QVM ArrowShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.65% 0.0 - 4
SPDR S&P 1500 Value Tilt ETF VLU US VLU State Street ETF 1L (P) NYSE Arca DM North America US Broad Value 0.12% 0.0 - 4
Reality Shares DIVCON Leaders Dividend ETF LEAD US LEAD.Z Reality Shares ETF 1L (P) BATS DM North America US Large Cap Dividend 0.43% 0.0 0.6 3
Janus Small/Mid Cap Growth ETF JSMD US JSMD.O Janus Capital ETF 1L (P) Nasdaq DM North America US Broad Growth 0.50% 0.0 0.0 3
Janus Small Cap Growth Alpha ETF JSML US JSML.O Janus Capital ETF 1L (P) Nasdaq DM North America US Small Cap Growth 0.50% 0.0 0.0 3
Legg Mason US Diversified Core ETF UDBI US UDBI.O Legg Mason GAM ETF 1L (P) Nasdaq DM North America US Broad Blend 0.30% 0.0 - 3
REX Gold Hedged S&P 500 ETF GHS US GHS Exchange Traded Concepts ETF 1LS (P) NYSE Arca DM North America US Broad Blend 0.48% 0.1 2.5 3
iShares Edge MSCI Multifactor Utilities ETF UTLF US UTLF.Z BlackRock ETF 1L (P) BATS DM North America US Broad Blend 0.35% 0.0 2.5 3
Guggenheim Dow Jones Industrial Average Dividend ETF DJD US DJD.K Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US Large Cap Dividend 0.30% 0.0 - 3
Deutsche X-trackers Russell 2000 Comprehensive Factor ETF DESC US DESC.K Deutsche AM ETF 1L (P) NYSE Arca DM North America US Small Cap Dividend 0.30% 0.0 2.5 3
iShares Edge MSCI Multifactor Technology ETF TCHF US TCHF.Z BlackRock ETF 1L (P) BATS DM North America US Broad Blend 0.35% 0.0 2.5 3
iShares Edge MSCI Multifactor Healthcare ETF HCRF US HCRF.Z BlackRock ETF 1L (P) BATS DM North America US Broad Blend 0.35% 0.0 2.5 3
Guggenheim US Large Cap Optimized Volatility ETF OVLC US OVLC.K Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.30% 0.0 2.6 3
iShares Edge MSCI Multifactor Consumer Staples ETF CNSF US CNSF.Z BlackRock ETF 1L (P) BATS DM North America US Broad Blend 0.35% 0.0 2.5 3
iShares Edge MSCI Multifactor Energy ETF ERGF US ERGF.Z BlackRock ETF 1L (P) BATS DM North America US Broad Blend 0.35% 0.0 2.5 3
Guggenheim Large Cap Optimized Diversification ETF OPD US OPD Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.40% 0.0 2.5 3
Guggenheim S&P 100 Equal Weight ETF OEW US OEW.K Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.40% 0.0 2.6 3
iShares Edge MSCI Multifactor Materials ETF MATF US MATF.Z BlackRock ETF 1L (P) BATS DM North America US Broad Blend 0.35% 0.0 2.5 3
iShares Edge MSCI Multifactor Financials ETF FNCF US FNCF.Z BlackRock ETF 1L (P) BATS DM North America US Broad Blend 0.35% 0.0 2.5 3
iShares Edge MSCI Multifactor Industrials ETF INDF US INDF.Z BlackRock ETF 1L (P) BATS DM North America US Broad Blend 0.35% 0.0 2.5 2 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Pag
e 3
4
Deu
tsch
e B
an
k S
ecu
rities In
c.
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country
Cap.
SizeStyle TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
CrowdInvest Wisdom ETF WIZE US WIZE.K Exchange Traded Concepts ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.95% 0.0 2.5 2
Elkhorn S&P 500 Capital Expenditures Portfolio CAPX US CAPX.O Elkhorn Investments LLC ETF 1L (P) Nasdaq DM North America US Large Cap Blend 0.29% 0.0 1.2 2
Dhandho Junoon ETF JUNE US JUNE.K ALPS ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.75% 0.2 2.7 2
iShares Edge MSCI Multifactor Consumer Discretionary ETF CNDF US CNDF.Z BlackRock ETF 1L (P) BATS DM North America US Broad Blend 0.35% 0.0 2.5 2
PowerShares S&P 500 Momentum Portfolio SPMO US SPMO.K PowerShares ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.25% 0.0 (1.3) 1
Falah Russell-IdealRatings US Large Cap ETF FIA US FIA Exchange Traded Concepts ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.70% 0.0 - 1
ETFS Zacks Earnings Large-Cap U.S. Index Fund ZLRG US ZLRG.K ETF Securities ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.66% 0.0 - 1
PowerShares S&P 500 Value Portfolio SPVU US SPVU.K PowerShares ETF 1L (P) NYSE Arca DM North America US Large Cap Value 0.25% 0.0 (1.3) 1
PowerShares Contrarian Opportunities Portfolio CNTR US CNTR.K PowerShares ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.35% 0.0 (1.2) 1
ETFS Zacks Earnings Small-Cap U.S. Index Fund ZSML US ZSML.K ETF Securities ETF 1L (P) NYSE Arca DM North America US Small Cap Blend 0.66% 0.0 (0.1) 1
Active
First Trust RiverFront Dynamic Europe ETF RFEU US RFEU.O First Trust ETF 1L (A) Nasdaq DM Europe Overall Broad Blend 0.83% 0.2 25.0 25
WBI Tactical LCY Shares WBIG US WBIG.K Millington Securities ETF 1L (A) NYSE Arca Overall Global Overall Large Cap Dividend 1.00% 0.4 (21.7) 99
WBI Tactical SMY Shares WBIC US WBIC.K Millington Securities ETF 1L (A) NYSE Arca Overall Global Overall Broad Dividend 1.00% 0.4 (23.8) 98
WBI Tactical LCS Shares WBIL US WBIL.K Millington Securities ETF 1L (A) NYSE Arca Overall Global Overall Large Cap Blend 1.00% 0.3 (26.1) 81
WBI Tactical SMS Shares WBID US WBID.K Millington Securities ETF 1L (A) NYSE Arca Overall Global Overall Broad Blend 1.00% 0.3 (21.5) 80
WBI Tactical SMG Shares WBIA US WBIA.K Millington Securities ETF 1L (A) NYSE Arca Overall Global Overall Broad Growth 1.00% 0.3 (22.6) 76
WBI Tactical LCG Shares WBIE US WBIE.K Millington Securities ETF 1L (A) NYSE Arca Overall Global Overall Large Cap Growth 1.00% 0.3 (26.3) 73
WBI Tactical SMV Shares WBIB US WBIB.K Millington Securities ETF 1L (A) NYSE Arca Overall Global Overall Broad Value 1.00% 0.3 (24.7) 73
WBI Tactical LCV Shares WBIF US WBIF.K Millington Securities ETF 1L (A) NYSE Arca Overall Global Overall Large Cap Value 1.00% 0.3 (29.6) 72
AdvisorShares EquityPro ETF EPRO US EPRO.K AdvisorShares Trust ETF 1L (A) NYSE Arca Overall Global Overall Broad Blend 1.25% 0.1 (2.7) 24
Validea Market Legends ETF VALX US VALX.O Validea Capital Management ETF 1L (A) Nasdaq Overall Global Overall Broad Blend 0.79% 0.1 (1.1) 21
AdvisorShares STAR Global Buy-Write ETF VEGA US VEGA.K AdvisorShares Trust ETF 1L (A) NYSE Arca Overall Global Overall Broad Blend 1.73% 0.0 (2.0) 17
AdvisorShares Athena High Dividend ETF DIVI US DIVI.K AdvisorShares Trust ETF 1L (A) NYSE Arca Overall Global Overall Broad Dividend 0.99% 0.0 - 8
First Trust RiverFront Dynamic Emerging Markets ETF RFEM US RFEM.O First Trust ETF 1L (A) Nasdaq EM Global Overall Broad Blend 0.95% 0.0 5.0 5
First Trust Heitman Global Prime Real Estate ETF PRME US PRME.K First Trust ETF 1L (A) NYSE Arca Overall Global Overall Broad Blend 0.95% 0.1 (1.1) 1
iShares Enhanced International Large-Cap ETF IEIL US IEIL.K BlackRock ETF 1L (A) NYSE Arca DM Global ex US Overall Large Cap Blend 0.35% 0.1 - 64
ValueShares International Quantitative Value ETF IVAL US IVAL.Z Empowered Funds ETF 1L (A) BATS Overall Global ex US Overall Broad Value 0.99% 0.2 3.6 26
First Trust RiverFront Dynamic Developed International ETF RFDI US RFDI.O First Trust ETF 1L (A) Nasdaq DM Global ex US Overall Broad Blend 0.83% 0.4 25.0 25
iShares Enhanced International Small-Cap ETF IEIS US IEIS.K BlackRock ETF 1L (A) NYSE Arca DM Global ex US Overall Small Cap Blend 0.49% 0.1 2.4 18
MomentumShares International Quantitative Momentum ETF IMOM US IMOM.Z Empowered Funds ETF 1L (A) BATS DM Global ex US Overall Broad Blend 0.79% 0.1 4.9 15
AdvisorShares Madrona International ETF FWDI US FWDI.K AdvisorShares Trust ETF 1L (A) NYSE Arca Overall Global ex US Overall Large Cap Blend 1.20% 0.0 - 15
WCM / BNY Mellon Focused Growth ADR ETF AADR US AADR.K AdvisorShares Trust ETF 1L (A) NYSE Arca Overall Global ex US Overall Broad Growth 1.25% 0.1 - 15
First Trust North American Energy Infrastructure Fund EMLP US EMLP.K First Trust ETF 1L (A) NYSE Arca DM North America Overall Broad Blend 0.95% 6.4 112.0 1,283
First Trust RiverFront Dynamic Asia Pacific ETF RFAP US RFAP.O First Trust ETF 1L (A) Nasdaq Overall Pacific Overall Broad Blend 0.83% 0.0 25.0 25
AdvisorShares Ranger Equity Bear ETF HDGE US HDGE.K AdvisorShares Trust ETF 1S (A) NYSE Arca DM North America US Broad Blend 1.69% 5.4 3.9 214
AdvisorShares TrimTabs Float Shrink ETF TTFS US TTFS.K AdvisorShares Trust ETF 1L (A) NYSE Arca DM North America US Broad Blend 0.99% 1.1 (18.2) 156
Cambria Shareholder Yield ETF SYLD US SYLD.K Cambria Funds ETF 1L (A) NYSE Arca DM North America US Broad Dividend 0.59% 0.4 (12.8) 126
Tuttle Tactical Management US Core ETF TUTT US TUTT.O Etfis Capital ETF 1L (A) Nasdaq DM North America US Broad Blend 0.90% 0.3 (6.5) 72
iShares Enhanced U.S. Large-Cap ETF IELG US IELG.K BlackRock ETF 1L (A) NYSE Arca DM North America US Large Cap Blend 0.18% 0.5 (11.4) 69
ValueShares US Quantitative Value ETF QVAL US QVAL.Z Empowered Funds ETF 1L (A) BATS DM North America US Broad Value 0.79% 0.3 13.4 50
Reality Shares DIVS ETF DIVY US DIVY.K Reality Shares ETF 1L (A) NYSE Arca DM North America US Large Cap Blend 0.85% 0.5 (2.9) 35
Innovator IBD 50 ETF FFTY US FFTY.K Innovator Management ETF 1L (A) NYSE Arca DM North America US Broad Growth 0.80% 0.3 (8.4) 34
PowerShares Active U.S. Real Estate Fund PSR US PSR PowerShares ETF 1L (A) NYSE Arca DM North America US Broad Blend 0.80% 0.1 - 28 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
Pag
e 3
5
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country
Cap.
SizeStyle TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
AdvisorShares Madrona Domestic ETF FWDD US FWDD.K AdvisorShares Trust ETF 1L (A) NYSE Arca DM North America US Large Cap Blend 1.12% 0.1 (1.0) 27
iShares Enhanced U.S. Small-Cap ETF IESM US IESM.K BlackRock ETF 1L (A) NYSE Arca DM North America US Small Cap Blend 0.35% 0.1 - 25
Alphamark Actively Managed Small Cap ETF SMCP US SMCP.O AlphaMark Advisors ETF 1L (A) Nasdaq DM North America US Small Cap Growth 0.90% 0.0 - 23
MomentumShares US Quantitative Momentum ETF QMOM US QMOM.Z Empowered Funds ETF 1L (A) BATS DM North America US Broad Blend 0.79% 0.2 6.9 20
Reaves Utilities ETF UTES US UTES.O Etfis Capital ETF 1L (A) Nasdaq DM North America US Broad Blend 0.95% 0.1 3.1 11
First Trust High Income ETF FTHI US FTHI.O First Trust ETF 1L (A) Nasdaq DM North America US Large Cap Dividend 0.85% 0.0 (0.0) 7
EcoLogical Strategy ETF HECO US HECO.K Huntington Strategy Shares ETF 1L (A) NYSE Arca DM North America US Broad Blend 0.95% 0.0 - 6
RiverFront Dynamic US Dividend Advantage ETF RFDA US RFDA.K ALPS ETF 1L (A) NYSE Arca DM North America US Broad Dividend 0.52% 0.0 5.0 5
RiverFront Dynamic US Flex-Cap ETF RFFC US RFFC.K ALPS ETF 1L (A) NYSE Arca DM North America US Broad Blend 0.52% 0.0 5.0 5
First Trust Low Beta Income ETF FTLB US FTLB.O First Trust ETF 1L (A) Nasdaq DM North America US Large Cap Dividend 0.85% 0.0 (1.0) 5
US Equity Rotation Strategy ETF HUSE US HUSE.K Huntington Strategy Shares ETF 1L (A) NYSE Arca DM North America US Broad Blend 0.95% 0.0 - 5
Cambria Value and Momentum ETF VAMO US VAMO.K Cambria Funds ETF 1L (A) NYSE Arca DM North America US Broad Value 0.59% 0.0 - 5
SPDR SSgA Risk Aware ETF RORO US RORO.K State Street ETF 1L (A) NYSE Arca DM North America US Broad Blend 0.50% 0.0 - 2
Thematic
Sustainability
Guggenheim S&P Global Water Index ETF CGW US CGW Guggenheim Investments ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.70% 1.8 21.2 405
Guggenheim Solar ETF TAN US TAN Guggenheim Investments ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.70% 2.3 19.4 230
PowerShares Global Water Portfolio PIO US PIO PowerShares ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.75% 0.4 (8.7) 199
VanEck Vectors Global Alternative Energy ETF GEX US GEX VanEck Vectors ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.62% 0.2 (5.1) 84
iShares Global Clean Energy ETF ICLN US ICLN.O BlackRock ETF 1L (P) Nasdaq Overall Global Overall Broad Blend 0.47% 0.4 0.0 79
First Trust ISE Global Wind Energy Index Fund FAN US FAN First Trust ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.60% 0.8 23.7 73
PowerShares Cleantech Portfolio PZD US PZD PowerShares ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.67% 0.1 (1.5) 70
PowerShares Global Clean Energy Portfolio PBD US PBD PowerShares ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.75% 0.1 (1.1) 57
VanEck Vectors Uranium+Nuclear Energy ETF NLR US NLR VanEck Vectors ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.60% 0.0 (2.5) 39
PowerShares Water Resources Portfolio PHO US PHO PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.62% 1.3 3.1 694
iShares MSCI KLD 400 Social ETF DSI US DSI BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.50% 2.3 34.3 533
iShares MSCI USA ESG Select ETF KLD US KLD BlackRock ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.50% 1.3 21.4 386
First Trust ISE Water Index Fund FIW US FIW First Trust ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.60% 1.5 13.4 127
PowerShares WilderHill Clean Energy Portfolio PBW US PBW PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.70% 0.3 (3.9) 90
First Trust NASDAQ Clean Edge Green Energy Index Fund QCLN US QCLN.O First Trust ETF 1L (P) Nasdaq DM North America US Broad Blend 0.60% 0.1 (1.4) 60
PowerShares WilderHill Progressive Energy Portfolio PUW US PUW PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.70% 0.0 (0.0) 23
VanEck Vectors Environmental Services ETF EVX US EVX VanEck Vectors ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.55% 0.0 (0.1) 17
VanEck Vectors Solar Energy ETF KWT US KWT VanEck Vectors ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.65% 0.0 - 13
Other Theme
WisdomTree China ex-State-Owned Enterprises Fund CXSE US CXSE.O WisdomTree ETF 1L (P) Nasdaq EM Asia China Broad Blend 0.53% 0.1 - 9
EGShares India Consumer ETF INCO US INCO.K Emerging Global Shares ETF 1L (P) NYSE Arca EM Asia India Broad Blend 0.89% 0.6 (1.7) 75
EGShares India Infrastructure ETF INXX US INXX.K Emerging Global Shares ETF 1L (P) NYSE Arca EM Asia India Broad Blend 0.85% 0.2 - 43
WisdomTree Europe Local Recovery Fund EZR US EZR.Z WisdomTree ETF 1L (P) BATS DM Eurozone Overall Broad Blend 0.48% 0.0 - 3
FlexShares Morningstar Global Upstream Natural Resources
Index Fund
GUNR US GUNR.K FlexShares ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.48% 14.9 389.1 2,186
iShares Global Infrastructure ETF IGF US IGF BlackRock ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.47% 4.5 (38.3) 920
iShares Exponential Technologies ETF XT US XT BlackRock ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.47% 0.9 14.6 713
PureFunds ISE Cyber Security ETF HACK US HACK.K PureFunds ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.75% 4.9 (60.5) 682
FlexShares STOXX Global Broad Infrastructure Index Fund NFRA US NFRA.K FlexShares ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.47% 2.1 28.5 649
SPDR S&P Global Natural Resources ETF GNR US GNR State Street ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.40% 5.0 (9.8) 628 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Pag
e 3
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country
Cap.
SizeStyle TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
iShares MSCI ACWI Low Carbon Target ETF CRBN US CRBN.K BlackRock ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.20% 0.8 4.7 225
iShares Global Timber & Forestry ETF WOOD US WOOD.O BlackRock ETF 1L (P) Nasdaq Overall Global Overall Broad Blend 0.47% 0.6 2.7 177
Guggenheim MSCI Global Timber ETF CUT US CUT Guggenheim Investments ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.70% 0.4 (4.4) 154
SPDR MSCI ACWI Low Carbon Target ETF LOWC US LOWC.K State Street ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.30% 0.0 - 92
First Trust NASDAQ CEA Cybersecurity ETF CIBR US CIBR.O First Trust ETF 1L (P) Nasdaq Overall Global Overall Broad Blend 0.60% 0.4 (1.6) 91
ROBO Global Robotics and Automation Index ETF ROBO US ROBO.O Exchange Traded Concepts ETF 1L (P) Nasdaq Overall Global Overall Broad Blend 0.95% 0.4 (2.5) 90
SPDR S&P Global Infrastructure ETF GII US GII State Street ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.40% 0.4 9.1 74
iShares Emerging Markets Infrastructure ETF EMIF US EMIF.O BlackRock ETF 1L (P) Nasdaq EM Global Overall Broad Blend 0.75% 0.1 (2.9) 45
U.S. Global Jets ETF JETS US JETS.K U.S. Global Investors ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.60% 0.8 (5.4) 43
Guggenheim Shipping ETF SEA US SEA Guggenheim Investments ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.65% 0.5 3.7 35
ProShares DJ Brookfield Global Infracstructure ETF TOLZ US TOLZ.K ProShares ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.45% 0.1 0.0 31
PowerShares Emerging Markets Infrastructure Portfolio PXR US PXR PowerShares ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.75% 0.0 - 19
VanEck Vectors Gaming ETF BJK US BJK VanEck Vectors ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.65% 0.2 (1.6) 17
Emerging Markets Internet and Ecommerce ETF EMQQ US EMQQ.K Exchange Traded Concepts ETF 1L (P) NYSE Arca EM Global Overall Broad Blend 0.86% 0.1 1.2 16
iShares Sustainable MSCI Global Impact ETF MPCT US MPCT.O BlackRock ETF 1L (P) Nasdaq Overall Global Overall Broad Blend 0.49% 0.0 14.6 14
First Trust ISE Global Engineering and Construction Index Fund FLM US FLM First Trust ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.70% 0.1 - 14
TrimTabs International Free-Cash Flow ETF FCFI US FCFI.K TrimTabs ETF 1L (P) NYSE Arca DM Global Overall Broad Blend 0.69% 0.0 - 12
First Trust Indxx Global Natural Resources Income ETF FTRI US FTRI.O First Trust ETF 1L (P) Nasdaq Overall Global Overall Broad Dividend 0.70% 0.0 (1.6) 11
PureFunds ISE Mobile Payments ETF IPAY US IPAY.K PureFunds ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.75% 0.1 1.2 9
ARK Innovation ETF ARKK US ARKK.K ARK Investment Management ETF 1L (A) NYSE Arca Overall Global Overall Broad Blend 0.95% 0.0 1.0 9
WisdomTree Strong Dollar Emerging Markets Equity Fund EMSD US EMSD.Z WisdomTree ETF 1L (P) BATS EM Global Overall Broad Blend 0.58% 0.0 - 7
ARK Genomic Revolution Multi-Sector ETF ARKG US ARKG.K ARK Investment Management ETF 1L (A) NYSE Arca Overall Global Overall Broad Blend 0.95% 0.0 - 7
Global X Yieldco Index ETF YLCO US YLCO.O Global X Funds ETF 1L (P) Nasdaq DM Global Overall Broad Blend 0.65% 0.1 1.6 6
Stock Split Index Fund TOFR US TOFR.K United States Commodity Funds ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.55% 0.0 (1.5) 4
Deutsche X-trackers S&P Hedged Global Infrastructure ETF DBIF US DBIF.K Deutsche AM ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.45% 0.0 - 4
PureFunds Video Game Tech ETF GAMR US GAMR.K PureFunds ETF 1L (P) NYSE Arca DM Global Overall Broad Blend 0.75% 0.1 - 3
VanEck Vectors Global Spin-Off ETF SPUN US SPUN.K VanEck Vectors ETF 1L (P) NYSE Arca DM Global Overall Broad Blend 0.55% 0.0 - 3
The Long-Term Care ETF OLD US OLD.O Janus Capital ETF 1L (P) Nasdaq Overall Global Overall Broad Blend 0.50% 0.0 2.5 3
Guggenheim S&P High Income Infrastructure ETF GHII US GHII.K Guggenheim Investments ETF 1L (P) NYSE Arca DM Global Overall Broad Dividend 0.45% 0.0 (1.3) 3
The Health and Fitness ETF FITS US FITS.O Janus Capital ETF 1L (P) Nasdaq Overall Global Overall Broad Blend 0.50% 0.0 2.5 2
PureFunds Drone Economy Strategy ETF IFLY US IFLY.K PureFunds ETF 1L (P) NYSE Arca DM Global Overall Broad Blend 0.75% 0.1 - 2
The Organics ETF ORG US ORG.O Janus Capital ETF 1L (P) Nasdaq Overall Global Overall Broad Blend 0.50% 0.0 2.5 2
The Obesity ETF SLIM US SLIM.O Janus Capital ETF 1L (P) Nasdaq Overall Global Overall Broad Blend 0.50% 0.0 2.5 2
Amplify Online Retail ETF IBUY US IBUY.O Amplify Investments ETF 1L (P) Nasdaq Overall Global Overall Broad Blend 0.65% 0.1 2.5 2
VanEck Vectors Generic Drugs ETF GNRX US GNRX.O VanEck Vectors ETF 1L (P) Nasdaq Overall Global Overall Broad Blend 0.55% 0.0 - 2
Global X Longevity Thematic ETF LNGR US LNGR.O Global X Funds ETF 1L (P) Nasdaq DM Global Overall Broad Blend 0.68% 0.0 1.5 2
Global X Health & Wellness Thematic ETF BFIT US BFIT.O Global X Funds ETF 1L (P) Nasdaq DM Global Overall Broad Blend 0.68% 0.0 1.5 2
PureFunds ISE Big Data ETF BIGD US BIGD.K PureFunds ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.75% 0.0 - 1
PowerShares International BuyBack Achievers Portfolio IPKW US IPKW.O PowerShares ETF 1L (P) Nasdaq Overall Global ex US Overall Broad Blend 0.55% 0.8 12.8 78
VanEck Vectors Morningstar International Moat ETF MOTI US MOTI.K VanEck Vectors ETF 1L (P) NYSE Arca Overall Global ex US Overall Large Cap Blend 0.56% 0.0 1.3 12
Renaissance International IPO ETF IPOS US IPOS.K Renaissance Capital ETF 1L (P) NYSE Arca Overall Global ex US Overall Broad Blend 0.80% 0.0 - 2
Global X Guru International Index ETF GURI US GURI.K Global X Funds ETF 1L (P) NYSE Arca Overall Global ex US Overall Large Cap Blend 0.75% 0.0 - 1
First Trust International IPO Fund FPXI US FPXI.O First Trust ETF 1L (P) Nasdaq Overall Global ex US Overall Broad Blend 0.70% 0.5 - 1
SPDR S&P North American Natural Resources ETF NANR US NANR.K State Street ETF 1L (P) NYSE Arca DM North America Overall Broad Blend 0.35% 1.6 (30.2) 834 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
Pag
e 3
7
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country
Cap.
SizeStyle TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
Alerian Energy Infrastructure ETF ENFR US ENFR.K ALPS ETF 1L (P) NYSE Arca DM North America Overall Broad Blend 0.65% 0.1 - 13
PowerShares Buyback Achievers Portfolio PKW US PKW PowerShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.71% 7.4 (243.5) 1,494
VanEck Vectors Morningstar Wide Moat ETF MOAT US MOAT.K VanEck Vectors ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.49% 3.9 (23.0) 693
First Trust US IPO Index Fund FPX US FPX First Trust ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.60% 2.7 (35.4) 561
SPDR SSGA Gender Diversity Index ETF SHE US SHE State Street ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.20% 0.0 (3.2) 270
Guggenheim S&P Spin-Off ETF CSD US CSD Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.65% 1.1 (28.6) 217
Guggenheim Raymond James SB-1 Equity ETF RYJ US RYJ Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.83% 0.5 (9.8) 174
Guggenheim Defensive Equity ETF DEF US DEF Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.65% 0.9 3.8 171
ALPS Medical Breakthroughs ETF SBIO US SBIO.K ALPS ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.50% 2.4 33.1 128
SPDR S&P 500 Fossil Fuel Free ETF SPYX US SPYX.K State Street ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.25% 0.5 27.3 100
Guggenheim Insider Sentiment ETF NFO US NFO Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.65% 0.2 (7.1) 84
Global X Guru Index ETF GURU US GURU.K Global X Funds ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.75% 1.2 (49.1) 79
ProShares UltraPro NASDAQ Biotechnology UBIO US UBIO.O ProShares ETF 3L (P) Nasdaq DM North America US Broad Blend 0.95% 5.1 8.6 40
First Trust RBA American Industrial Renaissance ETF AIRR US AIRR.O First Trust ETF 1L (P) Nasdaq DM North America US Broad Blend 0.70% 0.1 (1.7) 29
Wilshire Micro-Cap ETF WMCR US WMCR.K Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US Small Cap Blend 0.53% 0.1 - 22
Loncar Cancer Immunotherapy ETF CNCR US CNCR.O Exchange Traded Concepts ETF 1L (P) Nasdaq DM North America US Broad Blend 0.79% 0.3 3.6 20
BioShares Biotechnology Products Fund BBP US BBP.O Etfis Capital ETF 1L (P) Nasdaq DM North America US Broad Blend 0.85% 0.2 1.4 20
BioShares Biotechnology Clinical Trials Fund BBC US BBC.O Etfis Capital ETF 1L (P) Nasdaq DM North America US Broad Blend 0.85% 0.3 4.2 18
Direxion iBillionaire Index ETF IBLN US IBLN.K DirexionShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.65% 0.1 (4.9) 17
ARK Industrial Innovation ETF ARKQ US ARKQ.K ARK Investment Management ETF 1L (A) NYSE Arca DM North America US Broad Blend 0.95% 0.0 1.0 14
ARK Web x.0 ETF ARKW US ARKW.K ARK Investment Management ETF 1L (A) NYSE Arca DM North America US Broad Blend 0.95% 0.0 - 13
Renaissance IPO ETF IPO US IPO Renaissance Capital ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.60% 0.1 (1.0) 13
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index
Fund
GRID US GRID.O First Trust ETF 1L (P) Nasdaq DM North America US Broad Blend 0.70% 0.2 1.8 12
Alps Workplace Portfolio Fund EQLT US EQLT.K ALPS ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.75% 0.0 1.3 11
Nashville Area ETF NASH US NASH.K LocalShares ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.49% 0.0 - 11
SPDR S&P 500 Buyback ETF SPYB US SPYB.K State Street ETF 1L (P) NYSE Arca DM North America US Large Cap Blend 0.35% 0.0 - 9
Oppenheimer Navallier Overall A-100 Revenue ETF RWV US RWV OppenheimerFunds ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.60% 0.0 - 7
ProShares UltraPro Short NASDAQ Biotechnology ZBIO US ZBIO.O ProShares ETF 3S (P) Nasdaq DM North America US Broad Blend 0.95% 2.2 (1.2) 6
SPDR FactSet Innovative Technology ETF XITK US XITK.K State Street ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.45% 0.1 - 5
SPDR S&P Technology Hardware Etf XTH US XTH State Street ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.35% 0.0 5.1 5
SPDR S&P Internet ETF XWEB US XWEB.K State Street ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.35% 0.0 5.1 5
Sprott BUZZ Social Media Insights ETF BUZ US BUZ ALPS ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.75% 0.0 5.0 5
Etho Climate Leadership US ETF ETHO US ETHO.K ETFMG ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.75% 0.0 1.3 4
The Restaurant ETF BITE US BITE.O ETFMG ETF 1L (P) Nasdaq DM North America US Broad Blend 0.75% 0.0 - 3
Global X S&P 500 Catholic Values ETF CATH US CATH.O Global X Funds ETF 1L (P) Nasdaq DM North America US Broad Blend 0.29% 0.1 2.5 3
Global X Millennials Thematic ETF MILN US MILN.O Global X Funds ETF 1L (P) Nasdaq DM North America US Broad Blend 0.68% 0.1 2.2 2
Global X Guru Activist Index ETF ACTX US ACTX.O Global X Funds ETF 1L (P) Nasdaq DM North America US Large Cap Blend 0.75% 0.0 - 1
WisdomTree Strong Dollar US Equity Fund USSD US USSD.K WisdomTree ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.33% 0.1 - 1
WisdomTree Weak Dollar US Equity Fund USWD US USWD.K WisdomTree ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.33% 0.0 - 1
Commodities
VanEck Vectors Gold Miners ETF GDX US GDX VanEck Vectors ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.52% 1,953.3 1,039.0 9,704
VanEck Vectors Junior Gold Miners ETF GDXJ US GDXJ.K VanEck Vectors ETF 1L (P) NYSE Arca Overall Global Overall Small Cap Blend 0.54% 508.9 762.1 3,611
VanEck Vectors Agribusiness ETF MOO US MOO VanEck Vectors ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.53% 6.9 61.1 854
Global X Silver Miners ETF SIL US SIL Global X Funds ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.65% 6.3 46.5 362 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Pag
e 3
8
Deu
tsch
e B
an
k S
ecu
rities In
c.
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country
Cap.
SizeStyle TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
Sprott Gold Miners ETF SGDM US SGDM.K ALPS ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.57% 3.0 17.3 243
iShares MSCI Global Gold Miners ETF RING US RING.K BlackRock ETF 1L (P) NYSE Arca Overall Global Overall Large Cap Blend 0.39% 4.9 58.9 198
iShares MSCI Global Metals & Mining Producers ETF PICK US PICK.K BlackRock ETF 1L (P) NYSE Arca Overall Global Overall Large Cap Blend 0.39% 4.2 88.0 197
Global X Uranium ETF URA US URA Global X Funds ETF 1L (P) NYSE Arca DM Global Overall Broad Blend 0.69% 1.6 (5.7) 115
Global X Lithium ETF LIT US LIT Global X Funds ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.75% 2.7 58.3 112
VanEck Vectors Steel ETF SLX US SLX VanEck Vectors ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.55% 2.4 34.3 105
VanEck Vectors Hard Assets Producers ETF HAP US HAP VanEck Vectors ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.49% 1.0 9.0 92
Global X Gold Explorers ETF GLDX US GLDX.K Global X Funds ETF 1L (P) NYSE Arca DM Global Overall Broad Blend 0.65% 1.8 11.9 74
PowerShares Global Gold and Precious Metals Portfolio PSAU US PSAU.O PowerShares ETF 1L (P) Nasdaq Overall Global Overall Broad Blend 0.75% 0.8 9.8 61
iShares MSCI Global Silver Miners ETF SLVP US SLVP.K BlackRock ETF 1L (P) NYSE Arca Overall Global Overall Large Cap Blend 0.39% 1.7 18.2 57
Sprott Junior Gold Miners ETF SGDJ US SGDJ.K ALPS ETF 1L (P) NYSE Arca Overall Global Overall Small Cap Blend 0.57% 0.8 8.7 49
PureFunds ISE Junior Silver ETF SILJ US SILJ.K PureFunds ETF 1L (P) NYSE Arca Overall Global Overall Small Cap Blend 0.69% 2.8 24.0 44
VanEck Vectors Rare Earth/Strategic Metals ETF REMX US REMX.K VanEck Vectors ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.57% 0.4 5.0 38
iShares MSCI Global Energy Producers ETF FILL US FILL.K BlackRock ETF 1L (P) NYSE Arca Overall Global Overall Large Cap Blend 0.39% 0.2 1.9 38
iShares MSCI Global Agriculture Producers ETF VEGI US VEGI.K BlackRock ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.39% 0.2 1.1 26
PowerShares Global Agriculture Portfolio PAGG US PAGG.O PowerShares ETF 1L (P) Nasdaq Overall Global Overall Broad Blend 0.75% 0.1 - 23
Global X Copper Miners ETF COPX US COPX.K Global X Funds ETF 1L (P) NYSE Arca Overall Global Overall Broad Blend 0.65% 0.4 (1.7) 21
ProShares Ultra Gold Miners GDXX US GDXX.K ProShares ETF 2L (P) NYSE Arca Overall Global Overall Broad Blend 1.11% 1.0 5.5 15
IQ Global Agribusiness Small Cap ETF CROP US CROP.K IndexIQ Advisors ETF 1L (P) NYSE Arca Overall Global Overall Small Cap Blend 0.75% 0.1 - 12
Global X Fertilizers/Potash ETF SOIL US SOIL.K Global X Funds ETF 1L (P) NYSE Arca Overall Global Overall Large Cap Blend 0.69% 0.0 - 9
ProShares Ultra Junior Miners GDJJ US GDJJ.K ProShares ETF 2L (P) NYSE Arca Overall Global Overall Small Cap Blend 1.12% 0.4 (0.6) 5
First Trust Indxx Global Agriculture ETF FTAG US FTAG.O First Trust ETF 1L (P) Nasdaq Overall Global Overall Broad Blend 0.70% 0.0 (0.4) 4
VanEck Vectors Oil Refiners ETF CRAK US CRAK.K VanEck Vectors ETF 1L (P) NYSE Arca Overall Global Overall Large Cap Blend 0.59% 0.1 - 4
ProShares Ultrashort Gold Miners GDXS US GDXS.K ProShares ETF 2S (P) NYSE Arca Overall Global Overall Broad Blend 0.95% 0.4 2.1 2
ProShares Ultrashort Junior Miners GDJS US GDJS.K ProShares ETF 2S (P) NYSE Arca Overall Global Overall Small Cap Blend 0.95% 0.0 - 0
Tortoise North American Pipeline Fund TPYP US TPYP.K Tortoise Capital ETF 1L (P) NYSE Arca DM North America Overall Broad Blend 0.70% 0.1 (1.0) 22
Alerian MLP ETF AMLP US AMLP.K ALPS ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.85% 123.9 80.1 8,591
Global X MLP ETF MLPA US MLPA.K Global X Funds ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.45% 1.3 17.1 295
Global X MLP & Energy Infrastructure ETF MLPX US MLPX.K Global X Funds ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.45% 0.6 0.5 94
VanEck Vectors High Income MLP ETF YMLP US YMLP.K VanEck Vectors ETF 1L (P) NYSE Arca DM North America US Broad Dividend 0.85% 0.8 1.9 93
InfraCap MLP ETF AMZA US AMZA.K Etfis Capital ETF 1L (A) NYSE Arca DM North America US Broad Blend 1.05% 1.6 36.3 78
VanEck Vectors Coal ETF KOL US KOL VanEck Vectors ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.59% 0.7 5.1 61
Direxion Zacks MLP High Income Shares ZMLP US ZMLP.K DirexionShares ETF 1L (P) NYSE Arca DM North America US Broad Dividend 0.65% 0.3 2.7 60
VanEck Vectors Unconventional Oil & Gas ETF FRAK US FRAK.K VanEck Vectors ETF 1L (P) NYSE Arca DM North America US Broad Blend 0.54% 0.5 (9.2) 46
VanEck Vectors High Income Infrastructure MLP ETF YMLI US YMLI.K VanEck Vectors ETF 1L (P) NYSE Arca DM North America US Broad Dividend 1.52% 0.2 0.7 34
Global X Junior MLP ETF MLPJ US MLPJ.K Global X Funds ETF 1L (P) NYSE Arca DM North America US Small Cap Blend 0.75% 0.1 0.8 7
ProShares Ultra Oil & Gas Exploration & Production UOP US UOP ProShares ETF 2L (P) NYSE Arca DM North America US Broad Blend 0.95% 0.0 - 1
ProShares UltraShort Oil & Gas Exploration & Production SOP US SOP ProShares ETF 2S (P) NYSE Arca DM North America US Broad Blend 0.95% 0.0 - 1 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
Pag
e 3
9
FIXED INCOME ETPs
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Pag
e 4
0
Deu
tsch
e B
an
k S
ecu
rities In
c.
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country Tenor
Credit
Rating
Inflation
LinkedTER
ADV
$MM
Net
Flows
$MM
AUM
$MM
Overall
PowerShares Chinese Yuan Dim Sum Bond Portfolio DSUM US DSUM.K PowerShares ETF 1L (P) NYSE Arca EM Asia China B M N 0.45% 0.4 (11.7) 48
Kraneshares E Fund China Commercial Paper ETF KCNY US KCNT.K KraneShares ETF 1L (P) NYSE Arca EM Asia China S IG N 0.56% 0.1 (3.4) 15
VanEck Vectors ChinaAMC China Bond ETF CBON US CBON.K VanEck Vectors ETF 1L (P) NYSE Arca EM Asia China B M N 0.50% 0.1 (2.4) 10
SPDR Doubleline Total Return Tactical ETF TOTL US TOTL.K State Street ETF 1L (A) NYSE Arca Overall Global Overall B M N 0.55% 19.1 346.3 2,634
PIMCO Total Return Exchange-Traded Fund BOND US BOND.K PIMCO ETF 1L (A) NYSE Arca Overall Global Overall B IG N 0.55% 15.7 (58.5) 2,595
RiverFront Strategic Income Fund RIGS US RIGS.K ALPS ETF 1L (A) NYSE Arca Overall Global Overall B HY 0 0.22% 2.9 (115.9) 325
AdvisorShares Newfleet Multi-Sector Income ETF MINC US MINC.K AdvisorShares Trust ETF 1L (A) NYSE Arca Overall Global Overall S IG N 0.75% 1.3 9.7 261
Virtus Newfleet Multi-Sector Unconstrained Bond ETF NFLT US NFLT.K Etfis Capital ETF 1L (A) NYSE Arca Overall Global Overall B M N 0.80% 0.7 (6.3) 174
FlexShares Ready Access Variable Income Fund RAVI US RAVI.K FlexShares ETF 1L (A) NYSE Arca Overall Global Overall MM IG N 0.25% 0.8 (0.0) 98
PowerShares Global Short Term High Yield Bond Portfolio PGHY US PFHY.K PowerShares ETF 1L (P) NYSE Arca Overall Global Overall S HY N 0.35% 0.3 7.1 44
SPDR DoubleLine Emerging Markets Fixed Income ETF EMTL US EMTL.Z State Street ETF 1L (A) BATS EM Global Overall B M N 0.65% 0.0 37.5 39
AdvisorShares Madrona Global Bond ETF FWDB US FWDB.K AdvisorShares Trust ETF 1L (A) NYSE Arca Overall Global Overall B IG N 0.95% 0.0 (0.6) 20
AdvisorShares YieldPro ETF YPRO US YPRO.O AdvisorShares Trust ETF 1LS (A) Nasdaq Overall Global Overall B M N 1.07% 0.1 (4.1) 18
SPDR Dorsey Wright Fixed Income Allocation ETF DWFI US DWFI.O State Street ETF 1L (P) Nasdaq Overall Global Overall B M N 0.60% 0.3 15.2 15
RiverFront Dynamic Unconstrained Income ETF RFUN US RFUN.K ALPS ETF 1L (A) NYSE Arca Overall Global Overall B M N 0.51% 0.0 5.0 5
First Trust SSI Strategic Convertible Securities ETF FCVT US FCVT.O First Trust ETF 1L (A) Nasdaq Overall Global Overall B M N 0.95% 0.0 - 5
WisdomTree Western Asset Unconstrained Bond Fund UBND US UBND.O WisdomTree ETF 1L (A) Nasdaq Overall Global Overall B M N 0.55% 0.0 - 5
RiverFront Dynamic Core Income ETF RFCI US RFCI.K ALPS ETF 1L (A) NYSE Arca Overall Global Overall B M N 0.51% 0.0 2.5 3
AdvisorShares Market Adaptive Unconstrained Income ETF MAUI US MAUI.O AdvisorShares Trust ETF 1LS (A) Nasdaq Overall Global Overall B M N 0.99% 0.0 - 1
Vanguard Total International Bond ETF BNDX US BNDX.O Vanguard ETF 1L (P) Nasdaq Overall Global ex US Overall M IG N 0.15% 40.1 164.7 5,332
iShares Core International Aggregate Bond ETF IAGG US IAGG.Z BlackRock ETF 1L (P) BATS DM Global ex US Overall B IG N 0.15% 0.6 (2.5) 177
VanEck Vectors Emerging Markets Aggregate Bond ETF EMAG US EMAG.K VanEck Vectors ETF 1L (P) NYSE Arca EM Latin America Overall B M N 0.49% 0.2 - 15
iShares Core U.S. Aggregate Bond ETF AGG US AGG BlackRock ETF 1L (P) NYSE Arca DM North America US B M N 0.08% 287.9 3,308.4 38,815
Vanguard Total Bond Market ETF BND US BND Vanguard ETF 1L (P) NYSE Arca DM North America US B IG N 0.08% 153.9 1,706.9 31,436
PIMCO Enhanced Short Maturity Exchange-Traded Fund MINT US MINT.K PIMCO ETF 1L (A) NYSE Arca DM North America US S M N 0.35% 35.0 311.3 4,548
Schwab U.S. Aggregate Bond ETF SCHZ US SCHZ.K Charles Schwab ETF 1L (P) NYSE Arca DM North America US B M N 0.05% 22.7 603.8 3,149
SPDR Barclays Aggregate Bond ETF BNDS US BNDS.K State Street ETF 1L (P) NYSE Arca DM North America US B IG N 0.10% 5.8 117.0 1,377
Guggenheim Enhanced Short Duration Bond ETF GSY US GSY Guggenheim Investments ETF 1L (A) NYSE Arca DM North America US MM IG N 0.27% 8.5 174.9 780
iShares Core Total USD Bond Market ETF IUSB US IUSB.K BlackRock ETF 1L (P) NYSE Arca DM North America US B M N 0.12% 1.3 25.6 513
Vident Core U.S. Bond Strategy Fund VBND US VBND.O Exchange Traded Concepts ETF 1L (P) Nasdaq DM North America US B M N 0.45% 1.3 30.3 445
First Trust Enhanced Short Maturity Fund FTSM US FTSM.O First Trust ETF 1L (A) Nasdaq DM North America US S IG N 0.35% 11.0 (65.8) 380
Fidelity Total Bond ETF FBND US FBND.K Fidelity Investments ETF 1L (A) NYSE Arca DM North America US M IG N 0.45% 0.7 9.9 146
Fidelity Limited Term Bond ETF FLTB US FLTB.K Fidelity Investments ETF 1L (A) NYSE Arca DM North America US S IG N 0.45% 6.3 9.6 125
IQ Enhanced Core Plus Bond US ETF AGGP US AGGP.K IndexIQ Advisors ETF 1L (P) NYSE Arca DM North America US B M N 0.20% 2.0 121.8 123
AdvisorShares Sage Core Reserves ETF HOLD US HOLD.K AdvisorShares Trust ETF 1L (A) NYSE Arca DM North America US S IG N 0.35% 1.5 77.0 112
WisdomTree Barclays US Aggregate Bond Enhanced Yield Fund AGGY US AGGY.K WisdomTree ETF 1L (P) NYSE Arca DM North America US M IG N 0.12% 0.3 - 83
iShares Edge U.S. Fixed Income Balanced Risk ETF FIBR US INC.Z BlackRock ETF 1L (A) BATS DM North America US B M N 0.25% 0.1 (4.9) 70
PIMCO Low Duration ETF LDUR US LDUR.K PIMCO ETF 1L (A) NYSE Arca DM North America US S IG N 0.55% 0.5 - 58
SPDR DoubleLine Short Duration Total Return Tactical ETF STOT US STOT.Z State Street ETF 1L (A) BATS DM North America US S M N 0.45% 0.1 50.0 50
IQ Enhanced Core Bond US ETF AGGE US AGGE.K IndexIQ Advisors ETF 1L (P) NYSE Arca DM North America US B IG N 0.20% 0.6 40.1 41
SPDR SSgA Ultra Short Term Bond ETF ULST US ULST.K State Street ETF 1L (A) NYSE Arca DM North America US S IG 0 0.20% 0.3 10.0 24
WisdomTree Barclays U.S. Aggregate Bond Zero Duration Fund AGZD US AGZD.O WisdomTree ETF 1LS (P) Nasdaq DM North America US MM M N 0.23% 0.1 - 24
Guggenheim Total Return Bond ETF GTO US GTO .K Guggenheim Investments ETF 1L (A) NYSE Arca DM North America US B IG N 0.50% 0.1 - 21 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
Pag
e 4
1
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country Tenor
Credit
Rating
Inflation
LinkedTER
ADV
$MM
Net
Flows
$MM
AUM
$MM
iShares Convertible Bond ETF ICVT US ICVT.Z BlackRock ETF 1L (P) BATS DM North America US B M N 0.35% 0.1 - 18
iShares Ultra Short-Term Bond ETF ICSH US ICSH.Z BlackRock ETF 1L (A) BATS DM North America US S M N 0.18% 0.1 - 15
iShares Yield Optimized Bond ETF BYLD US BYLD.K BlackRock ETF 1L (P) NYSE Arca DM North America US B M N 0.28% 0.1 2.5 14
WisdomTree Barclays U.S. Aggregate Bond Negative Duration Fund AGND US AGND.O WisdomTree ETF 1LS (P) Nasdaq DM North America US MM M N 0.28% 0.1 - 13
FlexShares Credit-Scored US Long Corporate Bond Index Fund LKOR US LKOR.O FlexShares ETF 1L (P) Nasdaq DM North America US L IG N 0.22% 0.1 2.6 11
Columbia Core Bond ETF GMTB US GMTB.K Columbia Management ETF 1L (A) NYSE Arca DM North America US B IG N 0.57% 0.0 - 8
Direxion Daily Total Bond Market Bear 1X Shares SAGG US SAGG.K DirexionShares ETF 1S (P) NYSE Arca DM North America US B IG N 0.65% 0.0 - 3
Corporates
Guggenheim BulletShares 2017 Corporate Bond ETF BSCH US BSCH.K Guggenheim Investments ETF 1L (P) NYSE Arca Overall Global Overall M IG N 0.24% 4.0 6.8 934
PowerShares Variable Rate Preferred Portfolio VRP US VRP PowerShares ETF 1L (P) NYSE Arca Overall Global Overall L M N 0.50% 5.1 99.7 680
Guggenheim BulletShares 2016 Corporate Bond ETF BSCG US BSCG.K Guggenheim Investments ETF 1L (P) NYSE Arca Overall Global Overall M IG N 0.24% 2.6 (79.6) 554
VanEck Vectors Emerging Markets High Yield Bond ETF HYEM US HYEM.K VanEck Vectors ETF 1L (P) NYSE Arca EM Global Overall M HY N 0.40% 3.8 46.2 290
iShares International High Yield Bond ETF HYXU US HYXU.Z BlackRock ETF 1L (P) BATS DM Global Overall B HY N 0.40% 0.7 14.1 175
iBonds Dec 2020 Term Corporate ETF IBDL US IBDL.K BlackRock ETF 1L (P) NYSE Arca DM Global Overall M IG N 0.10% 1.1 47.1 165
iBonds Dec 2021 Term Corporate ETF IBDM US IBDM.K BlackRock ETF 1L (P) NYSE Arca DM Global Overall M IG N 0.10% 1.4 60.9 152
iBonds Dec 2019 Term Corporate ETF IBDK US IBDK.K BlackRock ETF 1L (P) NYSE Arca DM Global Overall M IG N 0.10% 1.4 54.8 147
iBonds Dec 2018 Term Corporate ETF IBDH US IBDH.K BlackRock ETF 1L (P) NYSE Arca DM Global Overall M IG N 0.10% 1.0 30.2 131
VanEck Vectors International High Yield Bond ETF IHY US IHY VanEck Vectors ETF 1L (P) NYSE Arca Overall Global Overall B HY N 0.40% 0.6 - 129
iShares Global High Yield Corporate Bond ETF GHYG US GHYG.Z BlackRock ETF 1L (P) BATS DM Global Overall B HY N 0.40% 1.2 14.2 104
iBonds Dec 2022 Term Corporate ETF IBDN US IBDN.K BlackRock ETF 1L (P) NYSE Arca DM Global Overall M IG N 0.10% 0.7 26.2 104
iBonds Dec 2017 Term Corporate ETF IBDJ US IBDJ.K BlackRock ETF 1L (P) NYSE Arca DM Global Overall S IG N 0.10% 0.7 29.8 93
iShares Emerging Markets High Yield Bond ETF EMHY US EMHY.Z BlackRock ETF 1L (P) BATS EM Global Overall B HY N 0.50% 1.0 6.8 66
iBonds Dec 2016 Term Corporate ETF IBDF US IBDF.K BlackRock ETF 1L (P) NYSE Arca DM Global Overall S IG N 0.10% 0.2 5.0 65
iBonds Dec 2023 Term Corporate ETF IBDO US IBDO.K BlackRock ETF 1L (P) NYSE Arca DM Global Overall M IG N 0.10% 0.5 20.0 61
WisdomTree Emerging Markets Corporate Bond Fund EMCB US EMCB.O WisdomTree ETF 1L (A) Nasdaq EM Global Overall M M N 0.60% 0.4 - 56
iBonds Dec 2025 Term Corporate ETF IBDQ US IBDQ.K BlackRock ETF 1L (P) NYSE Arca DM Global Overall M IG N 0.10% 0.4 13.7 53
iBonds Dec 2024 Term Corporate ETF IBDP US IBDP.K BlackRock ETF 1L (P) NYSE Arca DM Global Overall M IG N 0.10% 0.4 12.4 46
AdvisorShares Pacific Asset Enhanced Floating Rate ETF FLRT US FLRT.K AdvisorShares Trust ETF 1L (A) NYSE Arca Overall Global Overall B HY N 1.10% 0.3 - 27
iShares Emerging Markets Corporate Bond ETF CEMB US CEMB.Z BlackRock ETF 1L (P) BATS EM Global Overall B M N 0.50% 0.2 4.9 25
SPDR BofA Merrill Lynch Emerging Markets Corporate Bond ETF EMCD US EMCD.K State Street ETF 1L (P) NYSE Arca EM Global Overall B M N 0.50% 0.1 - 15
WisdomTree Global Corporate Bond Fund CRDT US CRDT.O WisdomTree ETF 1L (A) Nasdaq Overall Global Overall B IG N 0.45% 0.0 - 7
ProShares Ultra Investment Grade Corporate IGU US IGU ProShares ETF 2L (P) NYSE Arca DM Global Overall B IG N 0.95% 0.0 - 3
iShares Currency Hedged International High Yield Bond ETF HHYX US HHYX.K BlackRock ETF 1L (P) NYSE Arca DM Global Overall B HY N 0.43% 0.2 (6.2) 2
ProShares Ultra High Yield UJB US UJB ProShares ETF 2L (P) NYSE Arca DM Global Overall B HY N 0.95% 0.0 - 1
PowerShares International Corporate Bond Portfolio PICB US PICB.K PowerShares ETF 1L (P) NYSE Arca Overall Global ex US Overall B IG N 0.50% 1.1 - 167
SPDR Barclays International Corporate Bond ETF IBND US IBND.K State Street ETF 1L (P) NYSE Arca Overall Global ex US Overall B IG N 0.50% 1.7 9.8 140
iShares International Preferred Stock ETF IPFF US IPFF.K BlackRock ETF 1L (P) NYSE Arca DM Global ex US Overall B M N 0.55% 3.5 47.3 68
SPDR Barclays International High Yield Bond ETF IJNK US IJNK.K State Street ETF 1L (P) NYSE Arca Overall Global ex US Overall B HY N 0.40% 0.0 - 25
Fidelity Corporate Bond ETF FCOR US FCOR.K Fidelity Investments ETF 1L (A) NYSE Arca Overall North America Overall B IG N 0.45% 0.3 7.5 35
ProShares CDS Short North American HY Credit ETF WYDE US WYDE.Z ProShares ETF 1S (A) BATS DM North America Overall B HY N 0.50% 0.0 (0.0) 4
iShares iBoxx $ Investment Grade Corporate Bond ETF LQD US LQD BlackRock ETF 1L (P) NYSE Arca DM North America US B IG N 0.15% 479.7 1,745.9 29,687
iShares U.S. Preferred Stock ETF PFF US PFF BlackRock ETF 1L (P) NYSE Arca DM North America US B M N 0.47% 106.7 1,329.8 16,243
iShares iBoxx $ High Yield Corporate Bond ETF HYG US HYG BlackRock ETF 1L (P) NYSE Arca DM North America US B HY N 0.50% 1,137.2 (1,888.4) 15,544
Vanguard Short-Term Corporate Bond ETF VCSH US VCSH.O Vanguard ETF 1L (P) Nasdaq DM North America US S IG N 0.10% 70.7 722.1 12,533 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Pag
e 4
2
Deu
tsch
e B
an
k S
ecu
rities In
c.
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country Tenor
Credit
Rating
Inflation
LinkedTER
ADV
$MM
Net
Flows
$MM
AUM
$MM
SPDR Barclays High Yield Bond ETF JNK US JNK State Street ETF 1L (P) NYSE Arca DM North America US B HY N 0.40% 410.6 (1,386.6) 11,221
iShares 1-3 Year Credit Bond ETF CSJ US CSJ BlackRock ETF 1L (P) NYSE Arca DM North America US S M N 0.20% 41.3 110.6 11,132
Vanguard Intermediate-Term Corporate Bond ETF VCIT US VCIT.O Vanguard ETF 1L (P) Nasdaq DM North America US M IG N 0.10% 61.8 1,146.7 9,245
iShares Intermediate Credit Bond ETF CIU US CIU BlackRock ETF 1L (P) NYSE Arca DM North America US M M N 0.20% 54.0 334.9 6,425
PowerShares Senior Loan Portfolio BKLN US BKLN.K PowerShares ETF 1L (P) NYSE Arca DM North America US B HY N 0.65% 63.0 521.3 4,530
PowerShares Preferred Portfolio PGX US PGX PowerShares ETF 1L (P) NYSE Arca DM North America US B M N 0.50% 35.1 372.7 4,288
SPDR Barclays Short Term Corporate Bond ETF SCPB US SCPB.K State Street ETF 1L (P) NYSE Arca DM North America US S IG N 0.12% 24.8 (504.9) 3,975
SPDR Barclays Short Term High Yield Bond ETF SJNK US SJNK.K State Street ETF 1L (P) NYSE Arca DM North America US S HY N 0.40% 37.2 295.2 3,123
iShares Floating Rate Bond ETF FLOT US FLOT.K BlackRock ETF 1L (P) NYSE Arca DM North America US B IG N 0.20% 24.2 (444.3) 2,953
iShares Short Maturity Bond ETF NEAR US NEAR.Z BlackRock ETF 1L (A) BATS DM North America US S IG N 0.25% 24.0 (80.0) 2,251
SPDR Barclays Convertible Securities ETF CWB US CWB State Street ETF 1L (P) NYSE Arca DM North America US B M N 0.40% 24.1 (13.2) 2,198
PIMCO 0-5 Year High Yield Corporate Bond Index ETF HYS US HYS PIMCO ETF 1L (P) NYSE Arca DM North America US S HY N 0.55% 31.4 (0.4) 2,044
PowerShares Financial Preferred Portfolio PGF US PGF PowerShares ETF 1L (P) NYSE Arca DM North America US B M N 0.64% 9.3 117.0 1,740
SPDR Barclays Intermediate Term Corporate Bond ETF ITR US ITR State Street ETF 1L (P) NYSE Arca DM North America US M IG N 0.12% 11.4 27.7 1,344
Vanguard Long-Term Corporate Bond ETF VCLT US VCLT.O Vanguard ETF 1L (P) Nasdaq DM North America US L IG N 0.10% 18.4 127.3 1,331
iShares 10+ Year Credit Bond ETF CLY US CLY BlackRock ETF 1L (P) NYSE Arca DM North America US L M N 0.20% 9.8 102.3 1,014
iShares 0-5 Year High Yield Corporate Bond ETF SHYG US SHYG.K BlackRock ETF 1L (P) NYSE Arca DM North America US S HY 0 0.30% 19.5 (114.0) 975
First Trust Preferred Securities and Income ETF FPE US FPE First Trust ETF 1L (A) NYSE Arca DM North America US B M N 0.85% 6.6 152.6 934
First Trust Tactical High Yield ETF HYLS US HYLS.O First Trust ETF 1LS (A) Nasdaq DM North America US B HY N 1.19% 7.6 100.4 911
iShares Core U.S. Credit Bond ETF CRED US CRED.K BlackRock ETF 1L (P) NYSE Arca DM North America US B M N 0.15% 7.4 88.5 887
Guggenheim BulletShares 2018 Corporate Bond ETF BSCI US BSCI.K Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US L IG N 0.24% 4.1 57.3 878
PowerShares Fundamental High Yield Corporate Bond Portfolio PHB US PHB PowerShares ETF 1L (P) NYSE Arca DM North America US B HY N 0.50% 10.2 69.8 813
SPDR Blackstone / GSO Senior Loan ETF SRLN US SRLN.K State Street ETF 1L (A) NYSE Arca DM North America US S HY N 0.70% 4.9 2.6 802
Guggenheim BulletShares 2018 High Yield Corporate Bond ETF BSJI US BSJI.K Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US M HY N 0.42% 5.4 78.5 718
Guggenheim BulletShares 2017 High Yield Corporate Bond ETF BSJH US BSJH.K Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US M HY N 0.42% 3.5 43.6 712
Guggenheim BulletShares 2020 Corporate Bond ETF BSCK US BSCK.K Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US L IG N 0.24% 3.3 99.8 642
Guggenheim BulletShares 2019 Corporate Bond ETF BSCJ US BSCJ.K Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US L IG N 0.24% 3.1 66.9 612
SPDR Barclays Investment Grade Floating Rate ETF FLRN US FLRN.K State Street ETF 1L (P) NYSE Arca DM North America US S IG N 0.15% 3.4 170.4 564
SPDR Wells Fargo Preferred Stock ETF PSK US PSK State Street ETF 1L (P) NYSE Arca DM North America US B M N 0.45% 4.0 57.0 561
Guggenheim BulletShares 2016 High Yield Corporate Bond ETF BSJG US BSJG.K Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US S HY N 0.42% 3.6 (132.0) 512
First Trust Senior Loan Fund FTSL US FTSL.O First Trust ETF 1L (A) Nasdaq DM North America US B HY N 0.85% 3.4 31.2 473
PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund CORP US CORP.K PIMCO ETF 1L (P) NYSE Arca DM North America US B IG N 0.32% 3.4 46.6 442
Highland iBoxx Senior Loan ETF SNLN US SNLN.K Highland Capital ETF 1L (P) NYSE Arca DM North America US B HY N 0.55% 3.3 114.2 410
Guggenheim BulletShares 2021 Corporate Bond ETF BSCL US BSCL.K Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US M IG N 0.24% 2.1 54.1 389
VanEck Vectors Preferred Securities ex Financials ETF PFXF US PFXF.K VanEck Vectors ETF 1L (P) NYSE Arca DM North America US B M N 0.40% 3.4 88.5 381
Guggenheim BulletShares 2019 High Yield Corporate Bond ETF BSJJ US BSJJ.K Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US M HY N 0.42% 4.8 56.1 352
Guggenheim BulletShares 2022 Corporate Bond ETF BSCM US BSCM.K Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US M IG N 0.24% 1.9 47.4 318
Global X SuperIncome Preferred ETF SPFF US SPFF.K Global X Funds ETF 1L (P) NYSE Arca DM North America US B M N 0.58% 1.7 14.1 217
ProShares Short High Yield SJB US SJB ProShares ETF 1S (P) NYSE Arca DM North America US B HY N 0.95% 2.4 22.5 213
VanEck Vectors Fallen Angel High Yield Bond ETF ANGL US ANGL.K VanEck Vectors ETF 1L (P) NYSE Arca DM North America US B HY N 0.40% 2.9 68.8 203
Peritus High Yield ETF HYLD US HYLD.K AdvisorShares Trust ETF 1L (A) NYSE Arca DM North America US B HY N 1.35% 1.2 - 202
iBonds Mar 2018 Term Corporate ex-Financials ETF IBCC US IBCC.K BlackRock ETF 1L (P) NYSE Arca DM North America US S IG N 0.10% 0.1 - 183
Guggenheim BulletShares 2020 High Yield Corporate Bond ETF BSJK US BSJK.K Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US M HY N 0.42% 2.8 37.2 168
iShares 0-5 Year Investment Grade Corporate Bond ETF SLQD US SLQD.K BlackRock ETF 1L (P) NYSE Arca DM North America US S IG 0 0.15% 0.9 17.7 155 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
Pag
e 4
3
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country Tenor
Credit
Rating
Inflation
LinkedTER
ADV
$MM
Net
Flows
$MM
AUM
$MM
SPDR Barclays Long Term Corporate Bond ETF LWC US LWC State Street ETF 1L (P) NYSE Arca DM North America US L IG N 0.12% 1.1 7.9 151
Guggenheim BulletShares 2023 Corporate Bond ETF BSCN US BSCN.K Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US M IG N 0.24% 0.7 25.0 140
ProShares Investment Grade-Interest Rate Hedged ETF IGHG US IGHG.Z ProShares ETF 1LS (P) BATS DM North America US B IG N 0.30% 1.2 (18.2) 118
iBonds Mar 2018 Term Corporate ETF IBDB US IBDB.K BlackRock ETF 1L (P) NYSE Arca DM North America US S IG N 0.10% 0.3 - 103
Guggenheim BulletShares 2024 Corporate Bond ETF BSCO US BSCO.K Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US M IG N 0.24% 0.6 15.6 101
iShares Aaa - A Rated Corporate Bond ETF QLTA US QLTA.K BlackRock ETF 1L (P) NYSE Arca DM North America US B IG N 0.15% 0.9 21.0 96
iBonds Mar 2020 Term Corporate ETF IBDC US IBDC.K BlackRock ETF 1L (P) NYSE Arca DM North America US M IG N 0.10% 0.4 10.5 95
ProShares High Yield–Interest Rate Hedged HYHG US HYHG.Z ProShares ETF 1LS (P) BATS DM North America US B HY N 0.50% 0.3 1.6 87
VanEck Vectors Investment Grade Floating Rate ETF FLTR US FLTR.K VanEck Vectors ETF 1L (P) NYSE Arca DM North America US B IG N 0.19% 0.3 (2.5) 77
iBonds Mar 2023 Term Corporate ETF IBDD US IBDD.K BlackRock ETF 1L (P) NYSE Arca DM North America US M IG N 0.10% 0.1 5.3 75
iBonds Mar 2020 Term Corporate ex-Financials ETF IBCD US IBCD.K BlackRock ETF 1L (P) NYSE Arca DM North America US M IG N 0.10% 0.3 9.9 70
Guggenheim BulletShares 2021 High Yield Corporate Bond ETF BSJL US BSJL.K Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US M HY N 0.42% 0.7 21.3 55
PowerShares Fundamental Investment Grade Corporate Bond Portfolio PFIG US PFIG.K PowerShares ETF 1L (P) NYSE Arca DM North America US B IG N 0.22% 0.3 7.7 49
Guggenheim BulletShares 2022 High Yield Corporate Bond ETF BSJM US BSJM.K Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US M HY N 0.42% 0.6 14.4 48
iBonds Mar 2023 Term Corporate ex-Financials ETF IBCE US IBCE.K BlackRock ETF 1L (P) NYSE Arca DM North America US M IG N 0.10% 0.1 - 40
iShares Baa - Ba Rated Corporate Bond ETF QLTB US QLTB.Z BlackRock ETF 1L (P) BATS DM North America US B HY N 0.30% 0.4 - 37
SPDR BofA Merrill Lynch Crossover Corporate Bond ETF CJNK US CJNK.K State Street ETF 1L (P) NYSE Arca DM North America US B M N 0.30% 0.2 2.5 36
FlexShares Credit-Scored US Corporate Bond Index Fund SKOR US SKOR.O FlexShares ETF 1L (P) Nasdaq DM North America US M IG N 0.22% 0.2 12.8 36
iShares Interest Rate Hedged Corporate Bond ETF LQDH US LQDH.K BlackRock ETF 1LS (A) NYSE Arca DM North America US B IG N 0.25% 0.5 (18.3) 32
iShares Interest Rate Hedged High Yield Bond ETF HYGH US HYGH.K BlackRock ETF 1LS (A) NYSE Arca DM North America US B HY N 0.55% 0.4 (8.5) 30
Guggenheim BulletShares 2025 Corporate Bond ETF BSCP US BSCP.K Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US M IG N 0.24% 0.3 15.5 28
SPDR Barclays Issuer Scored Corporate Bond ETF CBND US CBND.K State Street ETF 1L (P) NYSE Arca DM North America US B IG N 0.16% 0.4 (3.2) 26
PowerShares LadderRite 0-5 Year Corporate Bond Portfolio LDRI US LDRI.O PowerShares ETF 1L (P) Nasdaq DM North America US S IG N 0.22% 0.0 2.5 18
WisdomTree BofA Merrill Lynch High Yield Bond Zero Duration Fund HYZD US HYZD.O WisdomTree ETF 1LS (P) Nasdaq DM North America US MM HY N 0.43% 0.1 - 14
Guggenheim BulletShares 2023 High Yield Corporate Bond ETF BSJN US BSJN.K Guggenheim Investments ETF 1L (P) NYSE Arca DM North America US M HY N 0.42% 0.4 2.6 13
iShares B - Ca Rated Corporate Bond ETF QLTC US QLTC.Z BlackRock ETF 1L (P) BATS DM North America US B HY N 0.35% 0.1 - 11
iShares Fallen Angels USD Bond ETF FALN US FALN.O BlackRock ETF 1L (P) Nasdaq DM North America US B HY N 0.35% 0.0 10.0 10
iShares iBoxx $ High Yield ex Oil & Gas Corporate Bond ETF HYXE US HYXE.O BlackRock ETF 1L (P) Nasdaq DM North America US B HY N 0.50% 0.0 9.9 10
WisdomTree BofA Merrill Lynch High Yield Bond Negative Duration Fund HYND US HYND.O WisdomTree ETF 1LS (P) Nasdaq DM North America US MM HY N 0.48% 0.0 - 9
Deutsche X-trackers High Yield Corp Bond-Interest Rate Hedged ETF HYIH US HYIH.K Deutsche AM ETF 1LS (P) NYSE Arca DM North America US B HY N 0.45% 0.1 - 9
iShares Interest Rate Hedged 10+ Year Credit Bond ETF CLYH US CLYH.K BlackRock ETF 1LS (A) NYSE Arca DM North America US L IG N 0.30% 0.1 - 7
Direxion Daily High Yield Bear 2x Shares HYDD US HYDD.K DirexionShares ETF 2S (P) NYSE Arca DM North America US B HY N 0.80% 0.0 6.2 6
WisdomTree Fundamental U.S. Corporate Bond Fund WFIG US WFIG.Z WisdomTree ETF 1L (P) BATS DM North America US M IG N 0.18% 0.1 5.0 5
WisdomTree Fundamental U.S. High Yield Corporate Bond Fund WFHY US WFHY.Z WisdomTree ETF 1L (P) BATS DM North America US M HY N 0.38% 0.1 5.0 5
WisdomTree Fundamental U.S. Short-Term High Yield Corporate Bond
Fund
SFHY US SFHY.Z WisdomTree ETF 1L (P) BATS DM North America US S HY N 0.38% 0.1 5.0 5
WisdomTree Fundamental U.S. Short-Term Corporate Bond Fund SFIG US SFIG.Z WisdomTree ETF 1L (P) BATS DM North America US S IG N 0.18% 0.0 5.0 5
Deutsche X-trackers Investment Grade Bond-Interest Rate Hedged ETF IGIH US IGIH.K Deutsche AM ETF 1LS (P) NYSE Arca DM North America US B IG N 0.25% 0.0 - 5
VanEck Vectors Treasury-Hedged High Yield Bond ETF THHY US THHY.K VanEck Vectors ETF 1LS (P) NYSE Arca DM North America US B HY N 1.45% 0.0 - 4
ProShares Short Investment Grade Corporate IGS US IGS ProShares ETF 1S (P) NYSE Arca DM North America US B IG N 0.95% 0.0 - 3 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Pag
e 4
4
Deu
tsch
e B
an
k S
ecu
rities In
c.
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country Tenor
Credit
Rating
Inflation
LinkedTER
ADV
$MM
Net
Flows
$MM
AUM
$MM
Elkhorn S&P High Quality Preferred ETF EPRF US EPRF.Z Elkhorn Investments LLC ETF 1L (P) BATS DM North America US B IG N 0.47% 0.1 2.5 3
Sovereign
ProShares German Sovereign/Sub-Sovereign ETF GGOV US GGOV.K ProShares ETF 1L (P) NYSE Arca DM Eurozone Germany B IG N 0.45% 0.0 - 4
WisdomTree Japan Interest Rate Strategy Fund JGBB US JGBB.O WisdomTree ETF 1LS (P) Nasdaq DM Pacific Japan M IG N 0.50% 0.0 - 4
PIMCO Global Advantage Inflation-Linked Bond Exchange-Traded Fund ILB US ILB PIMCO ETF 1L (A) NYSE Arca Overall Global Overall B IG Y 0.60% 0.7 - 88
iShares Global Inflation-Linked Bond ETF GTIP US GTIP.K BlackRock ETF 1L (P) NYSE Arca Overall Global Overall B M Y 0.40% 0.3 - 15
Cambria Sovereign High Yield Bond ETF SOVB US SOVB.K Cambria Funds ETF 1L (A) NYSE Arca Overall Global Overall B HY N 0.59% 0.0 2.7 5
SPDR Barclays International Treasury Bond ETF BWX US BWX State Street ETF 1L (P) NYSE Arca Overall Global ex US Overall B IG N 0.50% 25.3 (66.0) 1,670
iShares International Inflation-Linked Bond ETF ITIP US ITIP.K BlackRock ETF 1L (P) NYSE Arca Overall Global ex US Overall B M Y 0.40% 0.3 - 26
iShares TIPS Bond ETF TIP US TIP BlackRock ETF 1L (P) NYSE Arca DM North America US B IG Y 0.20% 142.2 1,182.5 18,033
iShares 1-3 Year Treasury Bond ETF SHY US SHY BlackRock ETF 1L (P) NYSE Arca DM North America US S IG N 0.15% 128.9 (1,359.2) 10,091
iShares 7-10 Year Treasury Bond ETF IEF US IEF BlackRock ETF 1L (P) NYSE Arca DM North America US M IG N 0.15% 221.4 (534.1) 9,832
iShares 20+ Year Treasury Bond ETF TLT US TLT BlackRock ETF 1L (P) NYSE Arca DM North America US L IG N 0.15% 1,011.5 (1,486.4) 8,890
iShares 3-7 Year Treasury Bond ETF IEI US IEI BlackRock ETF 1L (P) NYSE Arca DM North America US M IG N 0.15% 66.1 (24.8) 6,239
iShares Short Treasury Bond ETF SHV US SHV BlackRock ETF 1L (P) NYSE Arca DM North America US S IG N 0.15% 78.2 (21.5) 3,755
Vanguard Short-Term Inflation-Protected Securities ETF VTIP US VTIP.O Vanguard ETF 1L (P) Nasdaq DM North America US S IG Y 0.08% 11.0 175.7 2,354
iShares Core U.S. Treasury Bond ETF GOVT US GOVT.K BlackRock ETF 1L (P) NYSE Arca DM North America US B IG N 0.15% 9.8 62.7 2,140
ProShares UltraShort 20+ Year Treasury TBT US TBT ProShares ETF 2S (P) NYSE Arca DM North America US L IG N 0.93% 64.7 249.0 1,898
SPDR Barclays 1-3 Month T-Bill ETF BIL US BIL State Street ETF 1L (P) NYSE Arca DM North America US MM IG N 0.13% 58.3 (635.2) 1,883
FlexShares iBoxx 3-Year Target Duration TIPS Index Fund TDTT US TDTT.K FlexShares ETF 1L (P) NYSE Arca DM North America US M IG Y 0.20% 3.0 (47.0) 1,812
Schwab U.S. TIPS ETF SCHP US SCHP.K Charles Schwab ETF 1L (P) NYSE Arca DM North America US B IG Y 0.07% 6.6 175.1 1,165
iShares 10-20 Year Treasury Bond ETF TLH US TLH BlackRock ETF 1L (P) NYSE Arca DM North America US L IG N 0.15% 23.3 233.1 1,127
Schwab Short-Term U.S. Treasury ETF SCHO US SCHO.K Charles Schwab ETF 1L (P) NYSE Arca DM North America US S IG N 0.08% 10.3 (93.9) 1,101
PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund STPZ US STPZ.K PIMCO ETF 1L (P) NYSE Arca DM North America US S IG Y 0.20% 3.9 (18.3) 1,066
Vanguard Short-Term Government Bond ETF VGSH US VGSH.O Vanguard ETF 1L (P) Nasdaq DM North America US S IG N 0.10% 7.9 101.1 914
Vanguard Intermediate-Term Government Bond ETF VGIT US VGIT.O Vanguard ETF 1L (P) Nasdaq DM North America US M IG N 0.10% 7.9 155.5 809
iShares 0-5 Year TIPS Bond ETF STIP US STIP.K BlackRock ETF 1L (P) NYSE Arca DM North America US S IG Y 0.10% 4.1 146.6 771
SPDR Barclays TIPS ETF IPE US IPE State Street ETF 1L (P) NYSE Arca DM North America US B IG Y 0.15% 1.9 17.1 691
Schwab Intermediate-Term U.S. Treasury ETF SCHR US SCHR.K Charles Schwab ETF 1L (P) NYSE Arca DM North America US M IG N 0.10% 5.9 88.5 671
Vanguard Extended Duration Treasury ETF EDV US EDV Vanguard ETF 1L (P) NYSE Arca DM North America US L IG N 0.10% 12.3 50.4 625
ProShares Short 20+ Year Treasury TBF US TBF ProShares ETF 1S (P) NYSE Arca DM North America US L IG N 0.95% 14.8 76.0 624
Vanguard Long-Term Government Bond ETF VGLT US VGLT.O Vanguard ETF 1L (P) Nasdaq DM North America US L IG N 0.10% 8.8 72.8 617
FlexShares iBoxx 5-Year Target Duration TIPS Index Fund TDTF US TDTF.K FlexShares ETF 1L (P) NYSE Arca DM North America US M IG Y 0.20% 2.8 98.4 589
SPDR Barclays Long Term Treasury ETF TLO US TLO State Street ETF 1L (P) NYSE Arca DM North America US L IG N 0.10% 9.6 (113.1) 446
PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund ZROZ US ZROZ.K PIMCO ETF 1L (P) NYSE Arca DM North America US L IG N 0.15% 7.9 166.6 443
SPDR Barclays Intermediate Term Treasury ETF ITE US ITE State Street ETF 1L (P) NYSE Arca DM North America US M IG N 0.10% 3.8 (18.4) 438
Direxion Daily 20+ Year Treasury Bear 3X Shares TMV US TMV DirexionShares ETF 3S (P) NYSE Arca DM North America US L IG N 0.95% 11.3 52.5 304
PowerShares 1-30 Laddered Treasury Portfolio PLW US PLW PowerShares ETF 1L (P) NYSE Arca DM North America US B IG N 0.25% 2.0 35.9 249
Franklin Liberty Short Duration U.S. Goverment ETF FTSD US FTSD.K Franklin Templeton Investments ETF 1L (A) NYSE Arca DM North America US B IG N 0.30% 0.4 (7.3) 186
PIMCO 1-3 Year U.S. Treasury Index Exchange-Traded Fund TUZ US TUZ PIMCO ETF 1L (P) NYSE Arca DM North America US S IG N 0.09% 1.0 7.7 151
ProShares UltraShort 7-10 Year Treasury PST US PST ProShares ETF 2S (P) NYSE Arca DM North America US M IG N 0.95% 0.6 (5.2) 146
PIMCO 15+ Year U.S. TIPS Index Exchange-Traded Fund LTPZ US LTPZ.P PIMCO ETF 1L (P) NYSE Arca DM North America US L IG Y 0.27% 2.4 (7.2) 109
SPDR Barclays Short Term Treasury ETF SST US SST State Street ETF 1L (P) NYSE Arca DM North America US S IG N 0.10% 1.2 15.2 92
Direxion Daily 20+ Year Treasury Bull 3X Shares TMF US TMF DirexionShares ETF 3L (P) NYSE Arca DM North America US L IG N 0.95% 12.4 6.0 91 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
Pag
e 4
5
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country Tenor
Credit
Rating
Inflation
LinkedTER
ADV
$MM
Net
Flows
$MM
AUM
$MM
PIMCO Broad U.S. TIPS Index Exchange-Traded Fund TIPZ US TIPZ.P PIMCO ETF 1L (P) NYSE Arca DM North America US B IG Y 0.30% 0.3 2.9 90
ProShares UltraPro Short 20+ Year Treasury TTT US TTT ProShares ETF 3S (P) NYSE Arca DM North America US L IG N 0.95% 0.5 (0.2) 62
ProShares Ultra 20+ Year Treasury UBT US UBT ProShares ETF 2L (P) NYSE Arca DM North America US L IG N 0.95% 1.8 1.9 56
ProShares Ultra 7-10 Year Treasury UST US UST ProShares ETF 2L (P) NYSE Arca DM North America US M IG N 0.95% 2.7 (10.1) 45
ProShares Short 7-10 Year Treasury TBX US TBX ProShares ETF 1S (P) NYSE Arca DM North America US M IG N 0.95% 0.1 - 28
Direxion Daily 7-10 Year Treasury Bear 3X Shares TYO US TYO DirexionShares ETF 3S (P) NYSE Arca DM North America US L IG N 0.95% 0.1 (0.7) 25
SPDR Barclays 1-10 Year TIPS ETF TIPX US TIPX.K State Street ETF 1L (P) NYSE Arca DM North America US B IG Y 0.15% 0.1 - 24
iShares Treasury Floating Rate Bond ETF TFLO US TFLO.K BlackRock ETF 1L (P) NYSE Arca DM North America US S IG N 0.00% 0.1 5.0 20
Sit Rising Rate ETF RISE US RISE.K ETF Managers Capital ETF 1L (A) NYSE Arca DM North America US B IG N 0.50% 0.1 (2.3) 17
Direxion Daily 20+ Year Treasury Bear 1X Shares TYBS US TYBS.K DirexionShares ETF 1S (P) NYSE Arca DM North America US L IG N 0.65% 0.0 (1.0) 12
Direxion Daily 7-10 Year Treasury Bull 3X Shares TYD US TYD DirexionShares ETF 3L (P) NYSE Arca DM North America US L IG N 0.95% 0.1 - 8
SPDR Barclays 0-5 Year TIPS ETF SIPE US SIPE.K State Street ETF 1L (P) NYSE Arca DM North America US S IG Y 0.15% 0.0 - 4
ProShares Inflation Expectations ETF RINF US RINF.K ProShares ETF 1L (P) NYSE Arca DM North America US L IG Y 0.75% 0.1 - 3
ProShares UltraShort 3-7 Year Treasury TBZ US TBZ ProShares ETF 2S (P) NYSE Arca DM North America US M IG N 0.95% 0.0 - 3
Direxion Daily 7-10 Year Treasury Bear 1X Shares TYNS US TYNS.K DirexionShares ETF 1S (P) NYSE Arca DM North America US M IG N 0.65% 0.0 - 1
WisdomTree Bloomberg Floating Rate Treasury Fund USFR US USFR.K WisdomTree ETF 1L (P) NYSE Arca DM North America US S IG N 0.15% 0.1 - 1
ProShares UltraShort TIPS TPS US TPS ProShares ETF 2S (P) NYSE Arca DM North America US B IG Y 0.95% 0.0 - 1
Sovereign & Corporates
PIMCO Diversified Income ETF DI US DI PIMCO ETF 1L (A) NYSE Arca Overall Global Overall M M N 0.85% 0.1 - 37
ProShares Short Term USD Emerging Markets Bond ETF EMSH US EMSH.Z ProShares ETF 1L (P) BATS EM Global Overall S M N 0.50% 0.1 3.8 8
Vanguard Short-Term Bond ETF BSV US BSV Vanguard ETF 1L (P) NYSE Arca DM North America US S IG N 0.10% 114.4 (258.3) 18,468
Vanguard Intermediate-Term Bond ETF BIV US BIV Vanguard ETF 1L (P) NYSE Arca DM North America US M IG N 0.10% 63.5 1,569.7 10,246
Vanguard Long-Term Bond ETF BLV US BLV Vanguard ETF 1L (P) NYSE Arca DM North America US L IG N 0.10% 17.3 208.3 2,281
iShares Intermediate Government/Credit Bond ETF GVI US GVI BlackRock ETF 1L (P) NYSE Arca DM North America US M M N 0.20% 15.7 (39.0) 2,013
iShares Core 1-5 Year USD Bond ETF ISTB US ISTB.K BlackRock ETF 1L (P) NYSE Arca DM North America US S IG N 0.12% 3.9 75.3 602
iShares Government/Credit Bond ETF GBF US GBF BlackRock ETF 1L (P) NYSE Arca DM North America US B M N 0.20% 3.8 (97.9) 270
iShares Core 10+ Year USD Bond ETF ILTB US ILTB.K BlackRock ETF 1L (P) NYSE Arca DM North America US L IG N 0.12% 1.5 38.5 214
Sub-Sovereign
WisdomTree Asia Local Debt Fund ALD US ALD WisdomTree ETF 1L (A) NYSE Arca Overall Asia ex Japan Overall B M N 0.55% 0.1 (4.5) 27
iShares J.P. Morgan USD Emerging Markets Bond ETF EMB US EMB BlackRock ETF 1L (P) NYSE Arca EM Global Overall B M N 0.40% 144.1 1,328.2 7,349
PowerShares Emerging Markets Sovereign Debt Portfolio PCY US PCY PowerShares ETF 1L (P) NYSE Arca EM Global Overall B IG N 0.50% 38.5 485.3 3,423
VanEck Vectors Emerging Markets Local Currency Bond ETF EMLC US EMLC.K VanEck Vectors ETF 1L (P) NYSE Arca EM Global Overall B IG N 0.47% 14.8 332.7 1,755
Vanguard Emerging Markets Government Bond ETF VWOB US VWOB.O Vanguard ETF 1L (P) Nasdaq EM Global Overall B M N 0.35% 5.2 77.2 723
iShares Emerging Markets Local Currency Bond ETF LEMB US LEMB.K BlackRock ETF 1L (P) NYSE Arca EM Global Overall B M N 0.50% 4.6 78.4 428
WisdomTree Emerging Markets Local Debt Fund ELD US ELD WisdomTree ETF 1L (A) NYSE Arca EM Global Overall B M N 0.55% 4.2 (58.2) 372
SPDR Barclays Emerging Markets Local Bond ETF EBND US EBND.K State Street ETF 1L (P) NYSE Arca EM Global Overall L IG N 0.50% 3.1 138.3 200
Deutsche X-trackers Emerging Markets Bond-Interest Rate Hedged ETF EMIH US EMIH.K Deutsche AM ETF 1LS (P) NYSE Arca EM Global Overall B M N 0.50% 0.1 - 6
First Trust Emerging Markets Local Currency Bond ETF FEMB US FEMB.O First Trust ETF 1L (A) Nasdaq EM Global Overall B M N 0.85% 0.1 - 4
iShares Interest Rate Hedged Emerging Markets Bond ETF EMBH US EMBH.K BlackRock ETF 1LS (A) NYSE Arca EM Global Overall B M N 0.50% 0.0 - 2
iShares International Treasury Bond ETF IGOV US IGOV.O BlackRock ETF 1L (P) Nasdaq Overall Global ex US Overall B IG N 0.35% 10.2 170.9 773
SPDR Citi International Government Inflation-Protected Bond ETF WIP US WIP State Street ETF 1L (P) NYSE Arca Overall Global ex US Overall B M Y 0.50% 3.9 27.3 618
SPDR Barclays Short Term International Treasury Bond ETF BWZ US BWZ State Street ETF 1L (P) NYSE Arca Overall Global ex US Overall S IG N 0.35% 4.9 (160.2) 183
iShares 1-3 Year International Treasury Bond ETF ISHG US ISHG.O BlackRock ETF 1L (P) Nasdaq Overall Global ex US Overall S M N 0.35% 0.8 (16.4) 107
iShares National AMT-Free Muni Bond ETF MUB US MUB BlackRock ETF 1L (P) NYSE Arca DM North America US B IG N 0.25% 43.9 664.1 7,229 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Pag
e 4
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange
EM /
DMSub Region Country Tenor
Credit
Rating
Inflation
LinkedTER
ADV
$MM
Net
Flows
$MM
AUM
$MM
SPDR Nuveen Barclays Short Term Municipal Bond ETF SHM US SHM State Street ETF 1L (P) NYSE Arca DM North America US S IG N 0.20% 15.7 53.9 2,966
VanEck Vectors High-Yield Municipal Index ETF HYD US HYD VanEck Vectors ETF 1L (P) NYSE Arca DM North America US B HY N 0.35% 19.3 55.9 2,105
SPDR Nuveen Barclays Municipal Bond ETF TFI US TFI State Street ETF 1L (P) NYSE Arca DM North America US B IG N 0.23% 12.6 119.7 1,945
VanEck Vectors AMT-Free Intermediate Municipal Index ETF ITM US ITM VanEck Vectors ETF 1L (P) NYSE Arca DM North America US M IG N 0.24% 7.2 46.9 1,505
PowerShares Insured National Municipal Bond Portfolio PZA US PZA PowerShares ETF 1L (P) NYSE Arca DM North America US B IG N 0.28% 6.0 154.5 1,352
iShares Short-Term National Muni Bond ETF SUB US SUB BlackRock ETF 1L (P) NYSE Arca DM North America US S IG N 0.25% 5.2 21.2 1,042
PowerShares Build America Bond Portfolio BAB US BAB PowerShares ETF 1L (P) NYSE Arca DM North America US B M N 0.28% 5.6 70.2 945
iShares Agency Bond ETF AGZ US AGZ BlackRock ETF 1L (P) NYSE Arca DM North America US B IG N 0.20% 7.4 57.3 637
iShares California AMT-Free Muni Bond ETF CMF US CMF BlackRock ETF 1L (P) NYSE Arca DM North America US B IG N 0.25% 2.5 54.1 584
SPDR Nuveen S&P High Yield Municipal Bond ETF HYMB US HYMB.K State Street ETF 1L (P) NYSE Arca DM North America US B HY N 0.45% 4.4 24.8 485
Vanguard Tax-Exempt Bond Index ETF VTEB US VTEB.K Vanguard ETF 1L (P) NYSE Arca DM North America US B IG N 0.12% 4.1 103.9 363
VanEck Vectors AMT-Free Short Municipal Index ETF SMB US SMB VanEck Vectors ETF 1L (P) NYSE Arca DM North America US S IG N 0.20% 0.9 0.0 265
PIMCO Intermediate Municipal Bond Exchange-Traded Fund MUNI US MUNI.K PIMCO ETF 1L (A) NYSE Arca DM North America US M IG N 0.35% 0.9 2.8 254
iShares New York AMT-Free Muni Bond ETF NYF US NYF BlackRock ETF 1L (P) NYSE Arca DM North America US B IG N 0.25% 1.0 11.4 236
iBonds Sep 2017 Term Muni Bond ETF IBMF US IBMF.K BlackRock ETF 1L (P) NYSE Arca DM North America US M IG N 0.18% 0.7 13.7 194
VanEck Vectors AMT-Free Long Municipal Index ETF MLN US MLN VanEck Vectors ETF 1L (P) NYSE Arca DM North America US L IG N 0.24% 1.2 28.8 182
SPDR Nuveen Barclays California Municipal Bond ETF CXA US CXA State Street ETF 1L (P) NYSE Arca DM North America US B IG N 0.20% 0.7 17.4 142
PowerShares Insured California Municipal Bond Portfolio PWZ US PWZ PowerShares ETF 1L (P) NYSE Arca DM North America US B IG N 0.28% 0.8 13.2 140
iShares GNMA Bond ETF GNMA US GNMA.O BlackRock ETF 1L (P) Nasdaq DM North America US B IG N 0.15% 1.1 25.4 138
iBonds Sep 2016 Term Muni Bond ETF IBME US IBME.K BlackRock ETF 1L (P) NYSE Arca DM North America US M IG N 0.18% 0.4 (7.9) 127
iBonds Sep 2018 Term Muni Bond ETF IBMG US IBMG.K BlackRock ETF 1L (P) NYSE Arca DM North America US M IG N 0.18% 0.5 12.8 123
VanEck Vectors Short High-Yield Municipal Index ETF SHYD US SHYD.K VanEck Vectors ETF 1L (P) NYSE Arca DM North America US S HY N 0.35% 0.7 18.9 120
iBonds Sep 2019 Term Muni Bond ETF IBMH US IBMH.K BlackRock ETF 1L (P) NYSE Arca DM North America US M IG N 0.18% 0.6 7.7 108
VanEck Vectors CEF Municipal Income ETF XMPT US XMPT.K VanEck Vectors ETF 1L (P) NYSE Arca DM North America US B M N 0.40% 0.7 18.5 107
iBonds Sep 2020 Term Muni Bond ETF IBMI US IBMI.K BlackRock ETF 1L (P) NYSE Arca DM North America US M IG N 0.18% 0.6 20.7 101
First Trust Managed Municipal ETF FMB US FMB.O First Trust ETF 1L (A) Nasdaq DM North America US B IG N 0.65% 0.6 10.6 78
PIMCO Short Term Municipal Bond Exchange-Traded Fund SMMU US SMMU.K PIMCO ETF 1L (A) NYSE Arca DM North America US S IG N 0.35% 0.4 2.5 69
PowerShares VRDO Tax-Free Weekly Portfolio PVI US PVI PowerShares ETF 1L (P) NYSE Arca DM North America US B M N 0.25% 0.2 (5.0) 62
PowerShares Insured New York Municipal Bond Portfolio PZT US PZT PowerShares ETF 1L (P) NYSE Arca DM North America US B IG N 0.28% 0.3 5.0 58
SPDR Nuveen Barclays Build America Bond ETF BABS US BABS.K State Street ETF 1L (P) NYSE Arca DM North America US B M N 0.35% 0.3 - 53
Deutsche X-trackers Municipal Infrastructure Revenue Bond ETF RVNU US RVNU.K Deutsche AM ETF 1L (P) NYSE Arca DM North America US B IG N 0.30% 0.4 21.9 52
iBonds Dec 2021 Term Muni Bond ETF IBMJ US IBMJ.K BlackRock ETF 1L (P) NYSE Arca DM North America US M IG N 0.18% 0.4 10.4 39
SPDR Nuveen Barclays New York Municipal Bond ETF INY US INY State Street ETF 1L (P) NYSE Arca DM North America US B IG N 0.20% 0.1 2.4 34
iBonds Dec 2022 Term Muni Bond ETF IBMK US IBMK.K BlackRock ETF 1L (P) NYSE Arca DM North America US M IG N 0.18% 0.4 13.1 34
iShares Short Maturity Municipal Bond ETF MEAR US MEAR.Z BlackRock ETF 1L (A) BATS DM North America US S IG N 0.25% 0.3 - 30
VanEck Vectors Pre-Refunded Municipal Index ETF PRB US PRB VanEck Vectors ETF 1L (P) NYSE Arca DM North America US B IG N 0.24% 0.0 - 20
Columbia Intermediate Municipal Bond ETF GMMB US GMMB.K Columbia Management ETF 1L (A) NYSE Arca DM North America US B IG N 0.52% 0.0 - 6
Collateralized Debt
ProShares USD Covered Bond COBO US COBO.K ProShares ETF 1L (P) NYSE Arca DM Global ex US Overall M IG N 0.35% 0.0 - 7
iShares MBS ETF MBB US MBB BlackRock ETF 1L (P) NYSE Arca DM North America US B IG N 0.29% 54.9 590.3 8,505
Vanguard Mortgage-Backed Securities ETF VMBS US VMBS.O Vanguard ETF 1L (P) Nasdaq DM North America US M IG N 0.10% 15.7 422.6 2,531
iShares CMBS ETF CMBS US CMBS.K BlackRock ETF 1L (P) NYSE Arca DM North America US B IG N 0.25% 2.4 65.7 307
SPDR Barclays Mortgage Backed Bond ETF MBG US MBG State Street ETF 1L (P) NYSE Arca DM North America US B IG N 0.32% 0.8 35.2 226
First Trust Low Duration Opportunities ETF LMBS US LMBS.O First Trust ETF 1L (A) Nasdaq DM North America US S IG N 0.65% 0.8 25.7 52
FlexShares Disciplined Duration MBS Index Fund MBSD US MBSD.O FlexShares ETF 1L (P) Nasdaq DM North America US B IG N 0.20% 0.2 3.7 35 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
Pag
e 4
7
COMMODITY ETPs
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Pag
e 4
8
Deu
tsch
e B
an
k S
ecu
rities In
c.
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange Sector Sub Sector
Exposure
TypeTER
ADV
$MM
Net
Flows
$MM
AUM
$MM
Overall
PowerShares DB Commodity Index Tracking Fund DBC US DBC PowerShares ETV 1L (P) NYSE Arca Overall Overall Futures 0.85% 35.6 274.8 2,584
iShares S&P GSCI Commodity-Indexed Trust GSG US GSG BlackRock ETV 1L (P) NYSE Arca Overall Overall Futures 0.75% 6.0 84.4 928
United States Commodity Index Fund USCI US USCI.K United States Commodity Funds ETV 1L (P) NYSE Arca Overall Overall Futures 0.95% 3.8 114.3 661
PowerShares DB Optimum Yield Diversified Commodity Strategy Portfolio PDBC US PDBC.O PowerShares ETF 1L (A) Nasdaq Overall Overall Futures 0.59% 5.9 74.0 393
First Trust Global Tactical Commodity Strategy Fund FTGC US FTGC.O First Trust ETF 1L (A) Nasdaq Overall Overall Futures 0.95% 5.1 117.4 359
iShares Commodities Select Strategy ETF COMT US COMT.O BlackRock ETF 1L (A) Nasdaq Overall Overall Futures 0.48% 0.8 (9.2) 294
WisdomTree Continuous Commodity Index Fund GCC US GCC WisdomTree ETV 1L (P) NYSE Arca Overall Overall Futures 1.05% 0.9 (5.1) 227
ProShares Ultra DJ-UBS Commodity UCD US UCD ProShares ETV 2L (P) NYSE Arca Overall Overall Futures 0.95% 0.1 4.6 12
iShares Commodity Optimized Trust CMDT US CMDT.K BlackRock ETV 1L (P) NYSE Arca Overall Overall Futures 0.75% 0.1 3.5 11
ProShares UltraShort DJ-UBS Commodity CMD US CMD ProShares ETV 2S (P) NYSE Arca Overall Overall Futures 0.95% 0.0 - 6
Agriculture
Teucrium Corn Fund CORN US CORN.K Teucrium Trading ETV 1L (P) NYSE Arca Agriculture Corn Futures 1.99% 1.6 11.1 67
PowerShares DB Agriculture Fund DBA US DBA PowerShares ETV 1L (P) NYSE Arca Agriculture Overall Futures 0.85% 12.5 152.6 873
United States Agriculture Index Fund USAG US USAG.K United States Commodity Funds ETV 1L (P) NYSE Arca Agriculture Overall Futures 0.95% 0.0 - 2
Teucrium Agricultural Fund TAGS US TAGS.K Teucrium Trading ETV 1L (P) NYSE Arca Agriculture Overall Futures 0.49% 0.0 - 1
Teucrium Soybean Fund SOYB US SOYB.K Teucrium Trading ETV 1L (P) NYSE Arca Agriculture Soybean Futures 1.93% 0.4 0.9 13
Teucrium Sugar Fund CANE US CANE.K Teucrium Trading ETV 1L (P) NYSE Arca Agriculture Sugar Futures 1.62% 0.0 0.3 7
Teucrium Wheat Fund WEAT US WEAT.K Teucrium Trading ETV 1L (P) NYSE Arca Agriculture Wheat Futures 2.23% 0.9 13.5 36
Energy
WisdomTree Coal Fund TONS US TONS.K WisdomTree ETV 1L (A) NYSE Arca Energy Coal Futures 1.25% 0.0 - 1
United States Oil Fund LP USO US USO United States Commodity Funds ETV 1L (P) NYSE Arca Energy Crude Oil Futures 0.45% 296.8 (803.7) 3,415
ProShares Ultra DJ-UBS Crude Oil UCO US UCO ProShares ETV 2L (P) NYSE Arca Energy Crude Oil Futures 0.95% 121.8 (191.5) 899
PowerShares DB Oil Fund DBO US DBO PowerShares ETV 1L (P) NYSE Arca Energy Crude Oil Futures 0.50% 3.6 (57.8) 467
ProShares UltraShort DJ-UBS Crude Oil SCO US SCO ProShares ETV 2S (P) NYSE Arca Energy Crude Oil Futures 0.95% 76.0 42.4 166
United States 12 Month Oil Fund LP USL US USL United States Commodity Funds ETV 1L (P) NYSE Arca Energy Crude Oil Futures 0.60% 1.1 (10.1) 121
United States Brent Oil Fund BNO US BNO United States Commodity Funds ETV 1L (P) NYSE Arca Energy Crude Oil Futures 0.75% 3.1 (17.3) 116
United States Short Oil Fund DNO US DNO United States Commodity Funds ETV 1S (P) NYSE Arca Energy Crude Oil Futures 0.90% 0.7 (10.1) 10
AccuShares S&P GSCI Crude Oil Excess Return Up Shares OILU US OILU.O AccuShares Management LLC ETV 1L (P) Nasdaq Energy Crude Oil Futures 0.29% - 2.6 3
AccuShares S&P GSCI Crude Oil Excess Return Down Shares OILD US OILD.O AccuShares Management LLC ETV 1S (P) Nasdaq Energy Crude Oil Futures 0.29% - 2.4 2
United States Gasoline Fund UGA US UGA United States Commodity Funds ETV 1L (P) NYSE Arca Energy Gasoline Futures 0.60% 1.8 (1.5) 80
United States Diesel-Heating Oil Fund UHN US UHN United States Commodity Funds ETV 1L (P) NYSE Arca Energy Heating Oil Futures 0.60% 0.0 - 4
United States Natural Gas Fund LP UNG US UNG United States Commodity Funds ETV 1L (P) NYSE Arca Energy Natural Gas Futures 1.11% 60.8 (92.3) 584
ProShares Ultra DJ-UBS Natural Gas BOIL US BOIL.K ProShares ETV 2L (P) NYSE Arca Energy Natural Gas Futures 0.95% 1.8 (3.9) 43
United States 12 Month Natural Gas Fund UNL US UNL United States Commodity Funds ETV 1L (P) NYSE Arca Energy Natural Gas Futures 0.75% 0.1 0.5 15
ProShares UltraShort DJ-UBS Natural Gas KOLD US KOLD.K ProShares ETV 2S (P) NYSE Arca Energy Natural Gas Futures 0.95% 0.8 2.0 3
PowerShares DB Energy Fund DBE US DBE PowerShares ETV 1L (P) NYSE Arca Energy Overall Futures 0.75% 2.1 69.9 161
Industrial Metals
United States Copper Index Fund CPER US CPER.K United States Commodity Funds ETV 1L (P) NYSE Arca Industrial Metals Copper Futures 0.95% 0.0 - 3
Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
Pag
e 4
9
ETP NameBBG
TickerRIC Issuer
Structure &
StrategyExchange Sector Sub Sector
Exposure
TypeTER
ADV
$MM
Net
Flows
$MM
AUM
$MM
Industrial Metals
United States Copper Index Fund CPER US CPER.K United States Commodity Funds ETV 1L (P) NYSE Arca Industrial Metals Copper Futures 0.95% 0.0 - 3
PowerShares DB Base Metals Fund DBB US DBB PowerShares ETV 1L (P) NYSE Arca Industrial Metals Overall Futures 0.75% 1.7 4.3 115
Precious Metals
SPDR Gold Shares GLD US GLD State Street ETV 1L (P) NYSE Arca Precious Metals Gold Physical 0.40% 1,362.5 5,436.0 40,330
iShares Gold Trust IAU US IAU BlackRock ETV 1L (P) NYSE Arca Precious Metals Gold Physical 0.25% 89.7 916.3 8,836
ETFS Physical Swiss Gold Shares SGOL US SGOL.P ETF Securities ETV 1L (P) NYSE Arca Precious Metals Gold Physical 0.39% 4.3 36.7 1,067
PowerShares DB Gold Fund DGL US DGL PowerShares ETV 1L (P) NYSE Arca Precious Metals Gold Futures 0.79% 3.8 15.9 250
VanEck Merk Gold Trust OUNZ US OUNZ.K VanEck Vectors ETF 1L (P) NYSE Arca Precious Metals Gold Physical 0.40% 1.3 44.7 154
ProShares Ultra Gold UGL US UGL ProShares ETV 2L (P) NYSE Arca Precious Metals Gold Futures 0.95% 2.0 (2.0) 101
ProShares UltraShort Gold GLL US GLL ProShares ETV 2S (P) NYSE Arca Precious Metals Gold Futures 0.95% 2.3 (3.2) 56
AdvisorShares Gartman Gold/Yen ETF GYEN US GYEN.K AdvisorShares Trust ETF 1L (A) NYSE Arca Precious Metals Gold Futures 0.65% 0.7 5.5 24
AdvisorShares Gartman Gold/Euro ETF GEUR US GEUR.K AdvisorShares Trust ETF 1L (A) NYSE Arca Precious Metals Gold Futures 0.65% 0.4 7.4 22
PowerShares DB Precious Metals Fund DBP US DBP PowerShares ETV 1L (P) NYSE Arca Precious Metals Overall Futures 0.75% 3.0 47.7 220
ETFS Physical Precious Metal Basket Shares GLTR US GLTR.P ETF Securities ETV 1L (P) NYSE Arca Precious Metals Overall Physical 0.60% 1.1 28.2 208
ETFS Physical Palladium Shares PALL US PALL.P ETF Securities ETV 1L (P) NYSE Arca Precious Metals Palladium Physical 0.60% 1.5 (2.8) 181
ETFS Physical Platinum Shares PPLT US PPLT.P ETF Securities ETV 1L (P) NYSE Arca Precious Metals Platinum Physical 0.60% 5.1 14.2 500
iShares Silver Trust SLV US SLV BlackRock ETV 1L (P) NYSE Arca Precious Metals Silver Physical 0.50% 162.5 16.3 6,121
ProShares Ultra Silver AGQ US AGQ ProShares ETV 2L (P) NYSE Arca Precious Metals Silver Futures 0.95% 9.8 8.9 385
ETFS Physical Silver Shares SIVR US SIVR.K ETF Securities ETV 1L (P) NYSE Arca Precious Metals Silver Physical 0.30% 1.6 8.4 340
ProShares UltraShort Silver ZSL US ZSL ProShares ETV 2S (P) NYSE Arca Precious Metals Silver Futures 0.95% 3.3 (2.6) 32
PowerShares DB Silver Fund DBS US DBS PowerShares ETV 1L (P) NYSE Arca Precious Metals Silver Futures 0.50% 0.1 - 23 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Pag
e 5
0
Deu
tsch
e B
an
k S
ecu
rities In
c.
CURRENCY ETPs
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
Pag
e 5
1
ETP Name BBG Ticker RIC IssuerStructure &
StrategyExchange Sector Sub Sector TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
Currency Exposure - Broad
PowerShares DB US Dollar Index Bullish Fund UUP US UUP PowerShares ETV 1L (P) NYSE Arca Currency Exposure - Broad Overall 0.80% 39.7 4.1 836
WisdomTree Bloomberg U.S. Dollar Bullish Fund USDU US USDU.K WisdomTree ETF 1L (A) NYSE Arca Currency Exposure - Broad Overall 0.50% 5.9 (57.2) 244
PowerShares DB G10 Currency Harvest DBV US DBV PowerShares ETV 1L (P) NYSE Arca Currency Exposure - Broad Overall 0.75% 1.7 (13.4) 72
PowerShares DB US Dollar Index Bearish Fund UDN US UDN PowerShares ETV 1L (P) NYSE Arca Currency Exposure - Broad Overall 0.50% 1.0 (4.5) 44
WisdomTree Emerging Currency Strategy Fund CEW US CEW WisdomTree ETF 1L (A) NYSE Arca Currency Exposure - Broad Overall 0.55% 0.2 (0.0) 41
WisdomTree Commodity Currency Strategy Fund CCX US CCX WisdomTree ETF 1L (A) NYSE Arca Currency Exposure - Broad Overall 0.55% 0.0 - 5
Currency Exposure - Pair
ProShares UltraShort Euro EUO US EUO ProShares ETV 2S (P) NYSE Arca Currency Exposure - Pair EURUSD 0.95% 12.0 (30.6) 387
CurrencyShares Euro Currency Trust FXE US FXE Guggenheim Investments ETV 1L (P) NYSE Arca Currency Exposure - Pair EURUSD 0.40% 44.9 (22.9) 276
ProShares Short Euro EUFX US EUFX.K ProShares ETV 1S (P) NYSE Arca Currency Exposure - Pair EURUSD 0.95% 0.1 2.1 17
ProShares Ultra Euro ULE US ULE ProShares ETV 2L (P) NYSE Arca Currency Exposure - Pair EURUSD 0.95% 0.2 (0.9) 10
CurrencyShares British Pound Sterling Trust FXB US FXB Guggenheim Investments ETV 1L (P) NYSE Arca Currency Exposure - Pair GBPUSD 0.40% 12.4 157.5 203
ProShares UltraShort Yen YCS US YCS ProShares ETV 2S (P) NYSE Arca Currency Exposure - Pair JPYUSD 0.95% 6.8 44.8 187
CurrencyShares Japanese Yen Trust FXY US FXY Guggenheim Investments ETV 1L (P) NYSE Arca Currency Exposure - Pair JPYUSD 0.40% 23.3 (136.3) 160
ProShares Ultra Yen YCL US YCL ProShares ETV 2L (P) NYSE Arca Currency Exposure - Pair JPYUSD 0.95% 0.2 - 7
CurrencyShares Singapore Dollar Trust FXSG US FXSG.K Guggenheim Investments ETV 1L (P) NYSE Arca Currency Exposure - Pair SGDUSD 0.40% 0.0 - 4
CurrencyShares Australian Dollar Trust FXA US FXA Guggenheim Investments ETV 1L (P) NYSE Arca Currency Exposure - Pair USDAUD 0.40% 2.5 (3.7) 171
ProShares UltraShort Australian Dollar CROC US CROC.K ProShares ETF 2S (P) NYSE Arca Currency Exposure - Pair USDAUD 0.95% 0.2 - 19
WisdomTree Brazilian Real Strategy Fund BZF US BZF WisdomTree ETF 1L (A) NYSE Arca Currency Exposure - Pair USDBRL 0.45% 0.3 3.0 23
CurrencyShares Canadian Dollar Trust FXC US FXC Guggenheim Investments ETV 1L (P) NYSE Arca Currency Exposure - Pair USDCAD 0.40% 4.3 (0.0) 217
CurrencyShares Swiss Franc FXF US FXF Guggenheim Investments ETV 1L (P) NYSE Arca Currency Exposure - Pair USDCHF 0.40% 1.0 - 163
WisdomTree Chinese Yuan Strategy Fund CYB US CYB WisdomTree ETF 1L (A) NYSE Arca Currency Exposure - Pair USDCNY 0.45% 0.6 0.0 49
CurrencyShares Chinese Renminbi Trust FXCH US FXCH.K Guggenheim Investments ETV 1L (P) NYSE Arca Currency Exposure - Pair USDCNY 0.40% 0.2 - 7
WisdomTree Indian Rupee Strategy Fund ICN US ICN WisdomTree ETF 1L (A) NYSE Arca Currency Exposure - Pair USDINR 0.45% 0.0 - 11
WisdomTree Australia & New Zealand Debt Fund AUNZ US AUNZ.K WisdomTree ETF 1L (A) NYSE Arca Currency Exposure - Pair USDNZD 0.45% 0.2 (3.5) 155
CurrencyShares Swedish Krona Trust FXS US FXS Guggenheim Investments ETV 1L (P) NYSE Arca Currency Exposure - Pair USDSEK 0.40% 0.1 - 23 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Pag
e 5
2
Deu
tsch
e B
an
k S
ecu
rities In
c.
MULTI ASSET ETPs
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
Pag
e 5
3
ETP Name BBG Ticker RIC IssuerStructure &
StrategyExchange Sector Sub Sector TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
Target Date
Target Risk
iShares Core Growth Allocation ETF AOR US AOR BlackRock ETF 1L (P) NYSE Arca Target Risk Aggressive 0.27% 3.5 30.0 742
iShares Core Aggressive Allocation ETF AOA US AOA BlackRock ETF 1L (P) NYSE Arca Target Risk Aggressive 0.25% 1.7 20.5 431
SPDR SSgA Global Allocation ETF GAL US GAL State Street ETF 1L (A) NYSE Arca Target Risk Aggressive 0.35% 0.8 (1.7) 178
SPDR SSgA Multi-Asset Real Return ETF RLY US RLY State Street ETF 1L (A) NYSE Arca Target Risk Aggressive 0.70% 0.3 2.4 80
iShares Core Conservative Allocation ETF AOK US AOK BlackRock ETF 1L (P) NYSE Arca Target Risk Conservative 0.23% 1.9 19.4 275
Tuttle Tactical Management Multi-Strategy Income ETF TUTI US TUTI.O Etfis Capital ETF 1L (A) Nasdaq Target Risk Conservative 0.90% 0.2 (1.1) 27
IQ CPI Inflation Hedged ETF CPI US CPI IndexIQ Advisors ETF 1L (P) NYSE Arca Target Risk Conservative 0.65% 0.1 (0.0) 27
AdvisorShares Morgan Creek Global Tactical ETF GTAA US GTAA.K AdvisorShares Trust ETF 1L (A) NYSE Arca Target Risk Conservative 1.23% 0.0 (0.6) 8
WisdomTree Global Real Return Fund RRF US RRF WisdomTree ETF 1L (A) NYSE Arca Target Risk Conservative 0.65% 0.0 - 4
First Trust Multi-Asset Diversified Income Index Fund MDIV US MDIV.O First Trust ETF 1L (P) Nasdaq Target Risk Moderate 0.60% 2.6 26.9 834
PowerShares CEF Income Composite Portfolio PCEF US PCEF.K PowerShares ETF 1L (P) NYSE Arca Target Risk Moderate 0.50% 2.6 (4.5) 622
iShares Core Moderate Allocation ETF AOM US AOM BlackRock ETF 1L (P) NYSE Arca Target Risk Moderate 0.23% 3.0 45.5 511
Guggenheim Multi-Asset Income ETF CVY US CVY Guggenheim Investments ETF 1L (P) NYSE Arca Target Risk Moderate 0.82% 1.5 (33.2) 427
WBI Tactical Income Shares WBII US WBII.K Millington Securities ETF 1L (A) NYSE Arca Target Risk Moderate 1.05% 1.6 67.7 399
Principal Edge Active Income ETF YLD US YLD Principal Financial Group ETF 1L (A) NYSE Arca Target Risk Moderate 0.85% 0.3 231.7 265
iShares Morningstar Multi-Asset Income ETF IYLD US IYLD.Z BlackRock ETF 1L (P) BATS Target Risk Moderate 0.60% 0.7 3.6 231
WBI Tactical High Income Shares WBIH US WBIH.K Millington Securities ETF 1L (A) NYSE Arca Target Risk Moderate 1.08% 1.0 32.9 228
First Trust Dorsey Wright Dynamic Focus 5 ETF FVC US FVC.O First Trust ETF 1L (P) Nasdaq Target Risk Moderate 0.79% 3.0 144.2 152
SPDR SSgA Income Allocation ETF INKM US INKM.K State Street ETF 1L (A) NYSE Arca Target Risk Moderate 0.70% 0.1 1.5 105
Arrow Dow Jones Global Yield ETF GYLD US GYLD.K ArrowShares ETF 1L (P) NYSE Arca Target Risk Moderate 0.75% 0.5 2.8 99
YieldShares High Income ETF YYY US YYY Exchange Traded Concepts ETF 1L (P) NYSE Arca Target Risk Moderate 0.50% 0.5 11.1 92
PowerShares DWA Tactical Multi-Asset Income Portfolio DWIN US DWIN.O PowerShares ETF 1L (P) Nasdaq Target Risk Moderate 0.25% 1.6 31.2 78
Hull Tactical US ETF HTUS US HTUS.K Exchange Traded Concepts ETF 1LS (A) NYSE Arca Target Risk Moderate 0.91% 0.7 22.1 65
Cambria Global Asset Allocation ETF GAA US GAA Cambria Funds ETF 1L (A) NYSE Arca Target Risk Moderate 0.29% 0.1 2.4 27
Cambria Global Momentum ETF GMOM US GMOM.K Cambria Funds ETF 1L (A) NYSE Arca Target Risk Moderate 0.59% 0.1 (1.1) 22
AdvisorShares Meidell Tactical Advantage ETF MATH US MATH.K AdvisorShares Trust ETF 1L (A) NYSE Arca Target Risk Moderate 0.95% 0.1 - 19
First Trust Strategic Income ETF FDIV US FDIV.O First Trust ETF 1L (A) Nasdaq Target Risk Moderate 0.87% 0.1 (4.8) 15
IQ Leaders GTAA Tracker ETF QGTA US QGTA.K IndexIQ Advisors ETF 1L (P) NYSE Arca Target Risk Moderate 0.45% 0.2 11.6 14
First Trust International Multi-Asset Diversified Income Index Fund YDIV US YDIV.O First Trust ETF 1L (P) Nasdaq Target Risk Moderate 0.70% 0.1 (1.7) 13
Global X Permanent ETF PERM US PERM.K Global X Funds ETF 1L (P) NYSE Arca Target Risk Moderate 0.48% 0.1 - 9
Arrow DWA Tactical ETF DWAT US DWAT.O ArrowShares ETF 1LS (A) Nasdaq Target Risk Moderate 1.22% 0.0 - 8
Global X JPMorgan Efficiente Index ETF EFFE US EFFE.K Global X Funds ETF 1L (P) NYSE Arca Target Risk Moderate 0.69% 0.0 - 7
AdvisorShares Global Echo ETF GIVE US GIVE.K AdvisorShares Trust ETF 1L (A) NYSE Arca Target Risk Moderate 1.70% 0.1 (1.5) 6
Master Income ETF HIPS US HIPS.K Exchange Traded Concepts ETF 1L (P) NYSE Arca Target Risk Moderate 0.87% 0.0 - 5 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Pag
e 5
4
Deu
tsch
e B
an
k S
ecu
rities In
c.
ALTERNATIVE ETPs
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
Pag
e 5
5
ETP Name BBG Ticker RIC IssuerStructure &
StrategyExchange Sector Sub Sector TER
ADV
$MM
Net
Flows
$MM
AUM
$MM
Hedge Fund
IQ ARB Merger Arbitrage ETF MNA US MNA IndexIQ Advisors ETF 1L (P) NYSE Arca Hedge Fund Event Driven 0.75% 1.2 31.7 154
ProShares Merger ETF MRGR US MRGR.Z ProShares ETF 1L (P) BATS Hedge Fund Event Driven 0.75% 0.2 (0.9) 7
IQ Hedge Event-Driven Tracker ETF QED US QED IndexIQ Advisors ETF 1L (P) NYSE Arca Hedge Fund Event Driven 0.75% 0.0 - 2
IQ Hedge Macro Tracker ETF MCRO US MCRO.K IndexIQ Advisors ETF 1L (P) NYSE Arca Hedge Fund Global Macro 0.75% 0.0 - 15
ProShares Large Cap Core Plus CSM US CSM ProShares ETF 1LS (P) NYSE Arca Hedge Fund Long/Short 0.45% 2.0 (17.8) 372
AlphaClone Alternative Alpha ETF ALFA US ALFA.K Exchange Traded Concepts ETF 1LS (P) NYSE Arca Hedge Fund Long/Short 0.95% 0.9 (35.0) 60
ProShares RAFI Long/Short RALS US RALS.K ProShares ETF 1LS (P) NYSE Arca Hedge Fund Long/Short 0.95% 0.4 12.6 41
QuantShares U.S. Market Neutral Anti-Beta Fund BTAL US BTAL.K QuantShares ETF 1LS (P) NYSE Arca Hedge Fund Long/Short 0.81% 1.0 (32.2) 27
WisdomTree Dynamic Long/Short U.S. Equity Fund DYLS US DYLS.Z WisdomTree ETF 1LS (P) BATS Hedge Fund Long/Short 0.48% 0.2 9.3 17
AdvisorShares QAM Equity Hedge ETF QEH US QEH AdvisorShares Trust ETF 1LS (A) NYSE Arca Hedge Fund Long/Short 1.70% 0.0 - 5
QuantShares U.S. Market Neutral Momentum Fund MOM US MOM QuantShares ETF 1LS (P) NYSE Arca Hedge Fund Long/Short 0.81% 0.0 (1.3) 4
Reality Shares DIVCON Dividend Defender ETF DFND US DFND.Z Reality Shares ETF 1LS (P) BATS Hedge Fund Long/Short 0.95% 0.0 0.6 3
Reality Shares DIVCON Dividend Guard ETF GARD US GARD.Z Reality Shares ETF 1LS (P) BATS Hedge Fund Long/Short 0.95% 0.0 - 3
QuantShares U.S. Market Neutral Value Fund CHEP US CHEP.K QuantShares ETF 1LS (P) NYSE Arca Hedge Fund Long/Short 0.81% 0.0 - 2
QuantShares U.S. Market Neutral Size Fund SIZ US SIZ QuantShares ETF 1LS (P) NYSE Arca Hedge Fund Long/Short 0.81% 0.2 - 2
IQ Hedge Long/Short Tracker ETF QLS US QLS IndexIQ Advisors ETF 1LS (P) NYSE Arca Hedge Fund Long/Short 0.75% 0.0 - 2
WisdomTree Managed Futures Strategy Fund WDTI US WDTI.K WisdomTree ETF 1L (A) NYSE Arca Hedge Fund Managed Futures 0.95% 1.0 (16.9) 183
First Trust Morningstar Managed Futures Strategy Fund FMF US FMF First Trust ETF 1L (A) NYSE Arca Hedge Fund Managed Futures 0.95% 0.2 (2.4) 7
ProShares Managed Futures Strategy ETF FUT US FUT.Z ProShares ETF 1LS (A) BATS Hedge Fund Managed Futures 0.75% 0.1 - 6
First Trust Alternative Absolute Return Strategy ETF FAAR US FAAR.O First Trust ETF 1LS (A) Nasdaq Hedge Fund Managed Futures 0.95% 0.0 3.0 3
IQ Hedge Market Neutral Tracker ETF QMN US QMN IndexIQ Advisors ETF 1LS (P) NYSE Arca Hedge Fund Market Neutral 0.75% 0.1 (1.3) 14
IQ Hedge Multi-Strategy Tracker ETF QAI US QAI IndexIQ Advisors ETF 1L (P) NYSE Arca Hedge Fund Overall 0.75% 4.7 14.6 1,094
First Trust Long/Short Equity ETF FTLS US FTLS.K First Trust ETF 1LS (A) NYSE Arca Hedge Fund Overall 0.99% 0.8 0.0 120
ALPS U.S. Equity High Volatility Put Write Index Fund HVPW US HVPW.K ALPS ETF 1L (P) NYSE Arca Hedge Fund Overall 0.95% 0.3 (9.8) 33
WisdomTree Dynamic Bearish U.S. Equity Fund DYB US DYB.Z WisdomTree ETF 1LS (P) BATS Hedge Fund Overall 0.48% 0.3 (0.0) 11
WisdomTree Cboe S&P 500 Putwrite Strategy Fund PUTW US PUTW.K WisdomTree ETF 1LS (P) NYSE Arca Hedge Fund Overall 0.38% 0.2 2.6 9
ProShares Hedge Replication ETF HDG US HDG ProShares ETF 1L (P) NYSE Arca Hedge Fund Overall 0.95% 0.2 (4.2) 37
ProShares Morningstar Alternatives Solution ETF ALTS US ALTS.K ProShares ETF 1L (P) NYSE Arca Hedge Fund Overall 0.18% 0.3 (5.3) 21
PowerShares Multi-Strategy Alternative Portfolio LALT US LALT.O PowerShares ETF 1LS (A) Nasdaq Hedge Fund Overall 0.96% 0.1 - 11
QuantShares Hedged Dividend Income Fund DIVA US DIVA.K QuantShares ETF 1LS (P) NYSE Arca Hedge Fund Overall 0.99% 0.0 - 4
Global X SuperDividend Alternatives ETF ALTY US ALTY.O Global X Funds ETF 1L (P) Nasdaq Hedge Fund Overall 0.75% 0.0 0.8 2
Private Equity
PowerShares Global Listed Private Equity Portfolio PSP US PSP PowerShares ETF 1L (P) NYSE Arca Private Equity Overall 2.19% 2.0 (54.2) 280
VanEck Vectors BDC Income ETF BIZD US BIZD.K VanEck Vectors ETF 1L (P) NYSE Arca Private Equity Overall 9.45% 0.5 5.7 91
ProShares Global Listed Private Equity ETF PEX US PEX.Z ProShares ETF 1L (P) BATS Private Equity Overall 3.13% 0.1 (0.9) 9
Volatility
ProShares Short VIX Short-Term Futures ETF SVXY US SVXY.K ProShares ETV 1S (P) NYSE Arca Volatility Equity 0.95% 409.2 141.7 738
ProShares Ultra VIX Short-Term Futures ETF UVXY US UVXY.K ProShares ETV 2L (P) NYSE Arca Volatility Equity 0.95% 695.7 358.2 678
ProShares VIX Short-Term Futures ETF VIXY US VIXY.K ProShares ETV 1L (P) NYSE Arca Volatility Equity 0.85% 54.8 78.6 191
ProShares VIX Mid-Term Futures ETF VIXM US VIXM.K ProShares ETV 1L (P) NYSE Arca Volatility Equity 0.85% 2.2 13.3 42
First Trust CBOE S&P 500 VIX Tail Hedge Fund VIXH US VIXH.K First Trust ETF 1L (P) NYSE Arca Volatility Equity 0.60% 0.0 - 4
REX VolMAXX Long VIX Weekly Futures Strategy ETF VMAX US VMAX.Z Exchange Traded Concepts ETF 1L (P) BATS Volatility Equity 1.25% 0.2 2.6 2
REX VolMAXX Inverse VIX Weekly Futures Strategy ETF VMIN US VMIN.Z Exchange Traded Concepts ETF 1S (P) BATS Volatility Equity 1.45% 0.2 2.4 2
AccuShares Spot CBOE VIX Down Shares ETF VXDN US VXDN.O AccuShares Management LLC ETF 1S (P) Nasdaq Volatility Equity 0.95% 0.0 0.2 1
AccuShares Spot CBOE VIX Up Shares ETF VXUP US VXUP.O AccuShares Management LLC ETF 1L (P) Nasdaq Volatility Equity 0.95% 0.0 0.2 0 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Pag
e 5
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
EXCHANGE-TRADED NOTES (ETNs)
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
Pag
e 5
7
ETP Name BBG Ticker RIC IssuerStructure &
StrategyExchange
Sector / Investment
Focus
Sub Sector / Sub
Investment FocusTER
ADV
$MMNet Flows $MM
AUM
$MM
Equity
Emerging Markets
iPath MSCI India Index ETN INP US INP Barclays Bank ETN 1L (P) NYSE Arca Emerging Markets Countries 0.89% 1.2 (41.3) 215
Sector
ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN MORL US MORL.K UBS ETN 2L (P) NYSE Arca Sector Financials 0.40% 3.5 - 300
ETRACS Monthly Pay 2xLeveraged MSCI US REIT Index ETN LRET US LRET.K UBS ETN 2L (P) NYSE Arca Sector Financials 0.85% 0.1 - 31
ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B MRRL US MRRL.K UBS ETN 2L (P) NYSE Arca Sector Financials 0.40% 0.0 - 23
ETRACS Monthly Pay 2xLeveraged Dow Jones International Real Estate
ETN
RWXL US RWXL.Z UBS ETN 2L (P) NYSE Arca Sector Financials 0.60% 0.0 - 13
Style
ELEMENTS Dogs of the Dow Linked to the DJ High Yield Select TR Index DOD US DOD Deutsche Bank ETN 1L (P) NYSE Arca Style Dividend 0.75% 0.5 - 35
Strategy
ELEMENTS Linked to Morningstar Wide Moat Focus TR Index WMW US WMW Deutsche Bank ETN 1L (P) NYSE Arca Strategy Fundamental 0.75% 0.1 (1.6) 18
Barclays ETN+ FI Enhanced Global High Yield ETN FIGY US FIGY.K Barclays Bank ETN 2L (P) NYSE Arca Strategy Leveraged 0.64% 1.1 (36.0) 1,407
UBS AG FI Enhanced Large Cap Growth ETN FBGX US FBGX.K UBS ETN 2L (P) NYSE Arca Strategy Leveraged 0.85% 0.8 - 873
Credit Suisse FI Large Cap Growth Enhanced ETN FLGE US FLGE.K Credit Suisse ETN 2L (P) NYSE Arca Strategy Leveraged 0.85% 1.4 40.2 674
Credit Suisse FI Large Cap Growth Enhanced ETN FLGE US FLGE.K Credit Suisse ETN 2L (P) NYSE Arca Strategy Leveraged 0.85% 1.4 40.2 674
Barclays ETN+ FI Enhanced Europe 50 ETN FEEU US FEEU.K Barclays Bank ETN 2L (P) NYSE Arca Strategy Leveraged 0.76% 0.8 (12.7) 625
FI Enhanced Global High Yield ETN FIEG US FIEG.K Deutsche Bank ETN 2L (P) NYSE Arca Strategy Leveraged 0.10% 0.4 (21.2) 347
Credit Suisse FI Enhanced Europe 50 ETN FIEU US FIEU.K Credit Suisse ETN 2L (P) NYSE Arca Strategy Leveraged 0.05% 0.6 (4.2) 279
Fisher Enhanced Big Cap Growth ETN FBG US FBG UBS ETN 2L (P) NYSE Arca Strategy Leveraged 1.20% 0.1 - 152
UBS AG FI Enhanced Global High Yield ETN FIHD US FIHD.K UBS ETN 2L (P) NYSE Arca Strategy Leveraged 0.80% 1.7 70.0 114
ETRACS Monthly Pay 2xleveraged Dow Jones Select Dividend Index ETN DVYL US DVYL.K UBS ETN 2L (P) NYSE Arca Strategy Leveraged 0.35% 0.2 - 54
Credit Suisse FI Enhanced Big Cap Growth ETN FIBG US FIBG.K Credit Suisse ETN 2L (P) NYSE Arca Strategy Leveraged 1.28% 0.0 - 33
ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN HDLV US HDLV.K UBS ETN 2L (P) NYSE Arca Strategy Leveraged 0.85% 0.3 - 33
ETRACS Monthly Reset 2xLeveraged S&P 500 Total Return ETN SPLX US SPLX.K UBS ETN 2L (P) NYSE Arca Strategy Leveraged 0.85% 0.0 - 33
ETRACS Monthly Pay 2xleveraged S&P Dividend ETN SDYL US SDYL.K UBS ETN 2L (P) NYSE Arca Strategy Leveraged 0.30% 0.1 - 26
ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN SMHD US SMHD.K UBS ETN 2L (P) NYSE Arca Strategy Leveraged 0.85% 0.4 - 17
iPath Long Extended S&P 500 TR Index ETN SFLA US SFLA.K Barclays Bank ETN 3L (P) NYSE Arca Strategy Leveraged 0.35% - - 2
iPath Long Enhanced MSCI EAFE Index ETN MFLA US MFLA.K Barclays Bank ETN 2L (P) NYSE Arca Strategy Leveraged 0.80% - - 2
iPath Long Extended Russell 2000 TR Index ETN RTLA US RTLA.K Barclays Bank ETN 3L (P) NYSE Arca Strategy Leveraged 0.50% - - 2
iPath Long Extended Russell 1000 TR Index ETN ROLA US ROLA.K Barclays Bank ETN 3L (P) NYSE Arca Strategy Leveraged 0.50% - - 1
iPath Long Enhanced MSCI Emerging Markets Index ETN EMLB US EMLB.K Barclays Bank ETN 2L (P) NYSE Arca Strategy Leveraged 0.80% 0.0 0.3 1
iPath Short Enhanced MSCI Emerging Markets Index ETN EMSA US EMSA.K Barclays Bank ETN 2S (P) NYSE Arca Strategy Leveraged Short 0.80% - (0.0) 2
C-Tracks ETN Miller Howard Strategic Dividend Reinvestor DIVC US DIVC.K Citigroup ETN 1L (P) NYSE Arca Strategy Quantitative 0.70% 0.0 - 99
Barclays ETN+ Shiller CAPE ETN CAPE US CAPE.K Barclays Bank ETN 1L (P) NYSE Arca Strategy Quantitative 0.45% 0.1 3.2 34
ETRACS S&P 500 VEQTOR Switch ETN VQTS US VQTS.K UBS ETN 1L (P) NYSE Arca Strategy Quantitative 0.95% 0.0 - 22
iPath CBOE S&P 500 BuyWrite Index ETN BWV US BWV Barclays Bank ETN 1L (P) NYSE Arca Strategy Quantitative 0.75% 0.0 (0.0) 10
RBC S&P 500 Trend Allocator ETN TALL US TALL.O RBC Global Asset Management ETN 1L (P) Nasdaq Strategy Quantitative 0.85% - 4.1 4
ELEMENTS Spectrum U.S. ETN EEH US EEH Swedish Export CC ETN 1L (P) NYSE Arca Strategy Quantitative 0.75% 0.0 (0.6) 2
Thematic
JP Morgan Alerian MLP Index ETN AMJ US AMJ JPMorgan ETN 1L (P) NYSE Arca Thematic Commodities 0.85% 76.2 - 3,782
ETRACS Alerian MLP Infrastructure Index ETN MLPI US MLPI.K UBS ETN 1L (P) NYSE Arca Thematic Commodities 0.85% 10.0 56.1 2,336
Credit Suisse X-Links Cushing MLP Infrastructure ETN MLPN US MLPN.K Credit Suisse ETN 1L (P) NYSE Arca Thematic Commodities 0.85% 2.7 (0.0) 492
ETRACS Alerian MLP Index ETN AMU US AMU UBS ETN 1L (P) NYSE Arca Thematic Commodities 0.80% 2.0 - 464 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Pag
e 5
8
Deu
tsch
e B
an
k S
ecu
rities In
c.
ETP Name BBG Ticker RIC IssuerStructure &
StrategyExchange
Sector / Investment
Focus
Sub Sector / Sub
Investment FocusTER
ADV
$MMNet Flows $MM
AUM
$MM
Barclays ETN+ Select MLP ETN ATMP US ATMP.K Barclays Bank ETN 1L (P) NYSE Arca Thematic Commodities 0.95% 1.0 22.5 336
iPath S&P MLP ETN IMLP US IMLP.K Barclays Bank ETN 1L (P) NYSE Arca Thematic Commodities 0.80% 0.7 (38.4) 272
C-Tracks Miller/Howard MLP Fundamental Index ETN MLPC US MLPC.K Citigroup ETN 1L (P) NYSE Arca Thematic Commodities 0.95% 0.0 - 116
Credit Suisse S&P MLP Index ETN MLPO US MLPO.K Credit Suisse ETN 1L (P) NYSE Arca Thematic Commodities 0.95% 0.0 - 81
Morgan Stanley Cushing MLP High Income Index ETN MLPY US MLPY.K Morgan Stanley ETN 1L (P) NYSE Arca Thematic Commodities 0.85% 0.1 - 59
ETRACS 2xMonthly Leveraged S&P MLP Index ETN Series B MLPZ US MLPZ.K UBS ETN 2L (P) NYSE Arca Thematic Commodities 0.95% 0.0 - 55
ETRACS 2xMonthly Leveraged Alerian MLP Infrastructure Index ETN Series
B
MLPQ US MLPQ.K UBS ETN 2L (P) NYSE Arca Thematic Commodities 0.85% 0.3 - 54
ETRACS Alerian MLP Infrastructure Index ETN Series B MLPB US MLPB.K UBS ETN 1L (P) NYSE Arca Thematic Commodities 0.85% 0.0 - 42
ETRACS Alerian MLP Index ETN Series B AMUB US AMUB.K UBS ETN 1L (P) NYSE Arca Thematic Commodities 0.80% 0.0 - 30
Credit Suisse X-Links Monthly Pay 2xLeveraged Alerian MLP Index ETN AMJL US AMJL.K Credit Suisse ETN 2L (P) NYSE Arca Thematic Commodities 0.85% 0.2 23.9 28
ETRACS Alerian Natural Gas MLP Index MLPG US MLPG.K UBS ETN 1L (P) NYSE Arca Thematic Commodities 0.85% 0.1 - 22
ETRACS Wells Fargo MLP Ex-Energy ETN FMLP US FMLP.K UBS ETN 1L (P) NYSE Arca Thematic Commodities 0.85% 0.0 - 16
RBC Yorkville MLP ETN YGRO US YGRO.K RBC Global Asset Management ETN 1L (P) NYSE Arca Thematic Commodities 0.90% 0.1 0.3 16
ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN LMLP US LMLP.K UBS ETN 2L (P) NYSE Arca Thematic Commodities 0.85% 0.3 - 14
ETRACS Wells Fargo MLP Index MLPW US MLPW.K UBS ETN 1L (P) NYSE Arca Thematic Commodities 0.85% 0.0 - 9
ETRACS 1xMonthly Short Alerian MLP Infrastructure Total Return Index MLPS US MLPS.K UBS ETN 1S (P) NYSE Arca Thematic Commodities 0.59% 0.1 - 5
Barclays Women in Leadership ETN WIL US WIL Barclays Bank ETN 1L (P) NYSE Arca Thematic Other Theme 0.45% 0.0 (0.0) 30
Barclays Return on Disability ETN RODI US RODI.K Barclays Bank ETN 1L (P) NYSE Arca Thematic Other Theme 0.45% 0.0 - 27
ETRACS ISE Exclusively Homebuilders ETN HOMX US HOMX.K UBS ETN 1L (P) NYSE Arca Thematic Other Theme 0.40% 0.0 - 24
ETRACS Monthly Reset 2xLeveraged ISE Exclusively Homebuilders ETN HOML US HOML.K UBS ETN 2L (P) NYSE Arca Thematic Other Theme 0.85% 0.0 - 21
Fixed Income
Sovereign
iPath US Treasury 10-year Bear ETN DTYS US DTYS.K Barclays Bank ETN 1S (P) NYSE Arca Sovereign Overall 0.75% 0.5 0.9 39
DB 3x Short 25+ Year Treasury Bond ETN SBND US SBND.K Deutsche Bank ETN 3S (P) NYSE Arca Sovereign Overall 0.95% 0.1 - 23
DB 3x Inverse Japanese Govt Bond Futures ETN JGBD US JGBD.K Deutsche Bank ETN 3S (P) NYSE Arca Sovereign Overall 0.95% 0.1 - 22
DB 3x German Bund Futures ETN BUNT US BUNT.K Deutsche Bank ETN 3L (P) NYSE Arca Sovereign Overall 0.95% 0.0 - 21
iPath US Treasury Long Bond Bear ETN DLBS US DLBS.K Barclays Bank ETN 1S (P) NYSE Arca Sovereign Overall 0.75% 0.1 (0.0) 14
DB Inverse Japanese Govt Bond Futures ETN JGBS US JGBS.K Deutsche Bank ETN 1S (P) NYSE Arca Sovereign Overall 0.50% 0.0 - 13
Barclays Inverse US Treasury Composite ETN TAPR US TAPR.O Barclays Bank ETN 1S (P) Nasdaq Sovereign Overall 0.43% 0.1 0.0 11
DB 3x Long 25+ Year Treasury Bond ETN LBND US LBND.K Deutsche Bank ETN 3L (P) NYSE Arca Sovereign Overall 0.95% 0.0 - 10
DB German Bund Futures ETN BUNL US BUNL.K Deutsche Bank ETN 1L (P) NYSE Arca Sovereign Overall 0.50% 0.1 - 10
iPath US Treasury 2-year Bear ETN DTUS US DTUS.K Barclays Bank ETN 1S (P) NYSE Arca Sovereign Overall 0.75% 0.1 0.0 9
iPath US Treasury Long Bond Bull ETN DLBL US DLBL.K Barclays Bank ETN 1L (P) NYSE Arca Sovereign Overall 0.75% 0.0 - 6
iPath US Treasury 10-year Bull ETN DTYL US DTYL.K Barclays Bank ETN 1L (P) NYSE Arca Sovereign Overall 0.75% 0.1 0.0 6
iPath US Treasury 5-year Bull ETN DFVL US DFVL.K Barclays Bank ETN 1L (P) NYSE Arca Sovereign Overall 0.75% 0.0 0.0 5
DB 3x Japanese Goverment Bond Futures ETN JGBT US JGBT.K Deutsche Bank ETN 3L (P) NYSE Arca Sovereign Overall 0.95% 1.4 - 4
iPath US Treasury 2-year Bull ETN DTUL US DTUL.K Barclays Bank ETN 1L (P) NYSE Arca Sovereign Overall 0.75% 0.0 (0.1) 4
iPath US Treasury Steepener ETN STPP US STPP.K Barclays Bank ETN 1LS (P) NYSE Arca Sovereign Overall 0.75% 1.5 1.4 4
iPath US Treasury Flattener ETN FLAT US FLAT.K Barclays Bank ETN 1LS (P) NYSE Arca Sovereign Overall 0.75% 0.4 0.0 4 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
Pag
e 5
9
ETP Name BBG Ticker RIC IssuerStructure &
StrategyExchange
Sector / Investment
Focus
Sub Sector / Sub
Investment FocusTER
ADV
$MMNet Flows $MM
AUM
$MM
DB Japanese Government Bond Futures ETN JGBL US JGBL.K Deutsche Bank ETN 1L (P) NYSE Arca Sovereign Overall 0.50% 0.0 - 2
iPath US Treasury 5-year Bear ETN DFVS US DFVS.K Barclays Bank ETN 1S (P) NYSE Arca Sovereign Overall 0.75% 0.0 (0.0) 2
Commodity
Overall
iPath Dow Jones-UBS Commodity Index Total Return ETN DJP US DJP Barclays Bank ETN 1L (P) NYSE Arca Overall Overall 0.75% 7.2 102.6 939
ELEMENTS Linked to Rogers Intl. Commodity Index - TR RJI US RJI Swedish Export CC ETN 1L (P) NYSE Arca Overall Overall 0.75% 2.1 19.9 262
ETRACS DJ-UBS Commodity Index Total Return DJCI US DJCI.K UBS ETN 1L (P) NYSE Arca Overall Overall 0.50% 0.3 35.6 142
Goldman Sachs Connect S&P GSCI Enhanced Commodity Total Return
Strategy Index
GSC US GSC Goldman Sachs ETN 1L (P) NYSE Arca Overall Overall 1.25% 0.0 - 119
ETRACS CMCI Total Return ETN UCI US UCI UBS ETN 1L (P) NYSE Arca Overall Overall 0.55% 0.5 - 72
iPath S&P GSCI Total Return Index ETN GSP US GSP Barclays Bank ETN 1L (P) NYSE Arca Overall Overall 0.75% 0.8 1.6 46
iPath Pure Beta Broad Commodity ETN BCM US BCM Barclays Bank ETN 1L (P) NYSE Arca Overall Overall 0.75% 0.2 (0.4) 36
ELEMENTS Linked to the S&P Commodity Trends Indicator LSC US LSC HSBC USA Inc ETN 1L (P) NYSE Arca Overall Overall 0.75% 0.0 - 30
ETRACS CMCI Total Return ETN Series B UCIB US UCIB.K UBS ETN 1L (P) NYSE Arca Overall Overall 0.55% 0.0 - 21
iPath Pure Beta S&P GSCI-Weighted ETN SBV US SBV Barclays Bank ETN 1L (P) NYSE Arca Overall Overall 0.75% 0.0 - 2
DB Commodity Index Double Short ETN DEE US DEE Deutsche Bank ETN 2S (P) NYSE Arca Overall Overall 0.75% 0.0 (0.4) 1
DB Commodity Index Short ETN DDP US DDP Deutsche Bank ETN 1S (P) NYSE Arca Overall Overall 0.75% 0.0 (0.2) 1
DB Commodity Index Double Long ETN DYY US DYY Deutsche Bank ETN 2L (P) NYSE Arca Overall Overall 0.75% 0.0 - 1
Credit Suisse X-Links Commodity Rotation ETN CSCR US CSCR.K Credit Suisse ETN 1L (P) NYSE Arca Overall Overall 0.85% 0.0 - 1
DB Commodity Index Long ETN DPU US DPU Deutsche Bank ETN 1L (P) NYSE Arca Overall Overall 0.75% 0.0 (0.2) 0
Agriculture
iPath Dow Jones-UBS Cocoa Subindex Total Return ETN NIB US NIB Barclays Bank ETN 1L (P) NYSE Arca Agriculture Cocoa 0.75% 0.5 (0.5) 13
iPath Pure Beta Cocoa ETN CHOC US CHOC.K Barclays Bank ETN 1L (P) NYSE Arca Agriculture Cocoa 0.75% 0.0 (0.0) 8
iPath Dow Jones-UBS Coffee Subindex Total Return ETN JO US JO Barclays Bank ETN 1L (P) NYSE Arca Agriculture Coffee 0.75% 5.3 40.9 191
iPath Pure Beta Coffee ETN CAFE US CAFE.K Barclays Bank ETN 1L (P) NYSE Arca Agriculture Coffee 0.75% 0.1 0.6 7
iPath Dow Jones-UBS Cotton Subindex Total Return ETN BAL US BAL Barclays Bank ETN 1L (P) NYSE Arca Agriculture Cotton 0.75% 0.4 (0.7) 15
iPath Pure Beta Cotton ETN CTNN US CTNN.K Barclays Bank ETN 1L (P) NYSE Arca Agriculture Cotton 0.75% 0.0 (0.0) 1
iPath Pure Beta Grains ETN WEET US WEET.K Barclays Bank ETN 1L (P) NYSE Arca Agriculture Grains 0.75% 0.0 (0.0) 1
ELEMENTS Linked to Rogers Intl. Commodity Index - Agriculture TR RJA US RJA Swedish Export CC ETN 1L (P) NYSE Arca Agriculture Overall 0.75% 0.4 2.3 115
iPath Dow Jones-UBS Grains Subindex Total Return ETN JJG US JJG Barclays Bank ETN 1L (P) NYSE Arca Agriculture Overall 0.75% 3.2 (12.6) 94
iPath Dow Jones-UBS Agriculture Subindex Total Return ETN JJA US JJA Barclays Bank ETN 1L (P) NYSE Arca Agriculture Overall 0.75% 0.1 (1.0) 21
ETRACS CMCI Food Total Return FUD US FUD UBS ETN 1L (P) NYSE Arca Agriculture Overall 0.65% 0.0 - 20
ETRACS CMCI Agriculture Total Return UAG US UAG UBS ETN 1L (P) NYSE Arca Agriculture Overall 0.65% 0.0 - 16
DB Agriculture Double Long ETN DAG US DAG Deutsche Bank ETN 2L (P) NYSE Arca Agriculture Overall 0.75% 0.1 (0.0) 10
iPath Pure Beta Agriculture ETN DIRT US DIRT.K Barclays Bank ETN 1L (P) NYSE Arca Agriculture Overall 0.75% 0.0 3.7 5
ELEMENTS Linked to the MLCX Grains Index GRU US GRU Swedish Export CC ETN 1L (P) NYSE Arca Agriculture Overall 0.75% 0.0 (0.3) 5
DB Agriculture Long ETN AGF US AGF Deutsche Bank ETN 1L (P) NYSE Arca Agriculture Overall 0.75% 0.0 (0.1) 2
ELEMENTS Linked to the MLCX Biofuels Index FUE US FUE Swedish Export CC ETN 1L (P) NYSE Arca Agriculture Overall 0.75% 0.0 - 1
iPath Dow Jones-UBS Softs Subindex Total Return ETN JJS US JJS Barclays Bank ETN 1L (P) NYSE Arca Agriculture Overall 0.75% 0.0 0.3 1
DB Agriculture Double Short ETN AGA US AGA Deutsche Bank ETN 2S (P) NYSE Arca Agriculture Overall 0.75% 0.0 (0.7) 1
DB Agriculture Short ETN ADZ US ADZ Deutsche Bank ETN 1S (P) NYSE Arca Agriculture Overall 0.75% 0.0 - 1
iPath Pure Beta Softs ETN GRWN US GRWN.K Barclays Bank ETN 1L (P) NYSE Arca Agriculture Softs 0.75% 0.0 0.0 1
iPath Dow Jones-UBS Sugar Subindex Total Return ETN SGG US SGG Barclays Bank ETN 1L (P) NYSE Arca Agriculture Sugar 0.75% 2.0 (8.0) 59
iPath Pure Beta Sugar ETN SGAR US SGAR.K Barclays Bank ETN 1L (P) NYSE Arca Agriculture Sugar 0.75% 0.0 (0.0) 1 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Pag
e 6
0
Deu
tsch
e B
an
k S
ecu
rities In
c.
ETP Name BBG Ticker RIC IssuerStructure &
StrategyExchange
Sector / Investment
Focus
Sub Sector / Sub
Investment FocusTER
ADV
$MMNet Flows $MM
AUM
$MM
Energy
iPath Global Carbon ETN GRN US GRN Barclays Bank ETN 1L (P) NYSE Arca Energy Carbon 0.75% 0.0 0.0 1
VelocityShares 3x Long Crude ETN UWTI US UWTI.K Credit Suisse ETN 3L (P) NYSE Arca Energy Crude Oil 1.35% 490.7 (183.0) 1,215
iPath S&P GSCI Crude Oil Total Return Index ETN OIL US OIL Barclays Bank ETN 1L (P) NYSE Arca Energy Crude Oil 0.75% 15.3 (5.8) 838
VelocityShares 3x Inverse Crude ETN DWTI US DWTI.K Credit Suisse ETN 3S (P) NYSE Arca Energy Crude Oil 1.35% 267.0 213.7 312
DB Crude Oil Double Short ETN DTO US DTO Deutsche Bank ETN 2S (P) NYSE Arca Energy Crude Oil 0.75% 3.3 - 59
Credit Suisse X-Links WTI Crude Oil Index ETN OIIL US OIIL.K Credit Suisse ETN 1L (P) NYSE Arca Energy Crude Oil 0.55% 0.3 - 35
ETRACS S&P GSCI Crude Oil Total Return Index ETN OILX US OILX.K UBS ETN 1L (P) NYSE Arca Energy Crude Oil 0.50% 0.3 - 33
iPath Pure Beta Crude Oil ETN OLEM US OLEM.K Barclays Bank ETN 1L (P) NYSE Arca Energy Crude Oil 0.75% 0.1 (1.7) 29
DB Crude Oil Long ETN OLO US OLO Deutsche Bank ETN 1L (P) NYSE Arca Energy Crude Oil 0.75% 0.0 - 12
DB Crude Oil Short ETN SZO US SZO Deutsche Bank ETN 1S (P) NYSE Arca Energy Crude Oil 0.75% 0.1 (7.8) 10
VelocityShares 3x Long Natural Gas ETN UGAZ US UGAZ.K Credit Suisse ETN 3L (P) NYSE Arca Energy Natural Gas 1.65% 129.9 (185.8) 290
VelocityShares 3x Inverse Natural Gas ETN DGAZ US DGAZ.K Credit Suisse ETN 3S (P) NYSE Arca Energy Natural Gas 1.65% 76.6 117.5 93
iPath Dow Jones-UBS Natural Gas Subindex Total Return ETN GAZ US GAZ Barclays Bank ETN 1L (P) NYSE Arca Energy Natural Gas 0.75% 0.0 (0.0) 6
iPath Seasonal Natural Gas ETN DCNG US DCNG.K Barclays Bank ETN 1L (P) NYSE Arca Energy Natural Gas 0.75% 0.0 (0.0) 1
ELEMENTS Linked to Rogers Intl. Commodity Index - Energy TR RJN US RJN Swedish Export CC ETN 1L (P) NYSE Arca Energy Overall 0.75% 0.1 (0.1) 14
iPath Dow Jones-UBS Energy Subindex Total Return ETN JJE US JJE Barclays Bank ETN 1L (P) NYSE Arca Energy Overall 0.75% 0.1 7.6 9
ETRACS CMCI Energy Total Return UBN US UBN UBS ETN 1L (P) NYSE Arca Energy Overall 0.65% 0.0 - 3
iPath Pure Beta Energy ETN ONG US ONG Barclays Bank ETN 1L (P) NYSE Arca Energy Overall 0.75% 0.0 0.0 1
Industrial Metals
iPath Dow Jones-UBS Aluminum Subindex Total Return ETN JJU US JJU Barclays Bank ETN 1L (P) NYSE Arca Industrial Metals Aluminum 0.75% 0.0 - 2
iPath Pure Beta Aluminum ETN FOIL US FOIL.K Barclays Bank ETN 1L (P) NYSE Arca Industrial Metals Aluminum 0.75% 0.0 0.0 1
iPath Dow Jones-UBS Copper Subindex Total Return ETN JJC US JJC Barclays Bank ETN 1L (P) NYSE Arca Industrial Metals Copper 0.75% 1.0 6.4 38
iPath Pure Beta Copper ETN CUPM US CUPM.K Barclays Bank ETN 1L (P) NYSE Arca Industrial Metals Copper 0.75% 0.0 0.1 2
iPath Pure Beta Lead ETN LEDD US LEDD.K Barclays Bank ETN 1L (P) NYSE Arca Industrial Metals Lead 0.75% 0.0 0.2 3
iPath Dow Jones-UBS Lead Subindex Total Return ETN LD US LD Barclays Bank ETN 1L (P) NYSE Arca Industrial Metals Lead 0.75% 0.0 (0.0) 1
iPath Dow Jones-UBS Nickel Subindex Total Return ETN JJN US JJN Barclays Bank ETN 1L (P) NYSE Arca Industrial Metals Nickel 0.75% 0.1 2.1 9
iPath Pure Beta Nickel ETN NINI US NINI.K Barclays Bank ETN 1L (P) NYSE Arca Industrial Metals Nickel 0.75% 0.0 0.1 1
ELEMENTS Linked to Rogers Intl. Commodity Index - Metals TR RJZ US RJZ Swedish Export CC ETN 1L (P) NYSE Arca Industrial Metals Overall 0.75% 0.0 0.4 9
iPath Dow Jones-UBS Industrial Metals Subindex Total Return ETN JJM US JJM Barclays Bank ETN 1L (P) NYSE Arca Industrial Metals Overall 0.75% 0.0 - 6
ETRACS CMCI Industrial Metals Total Return UBM US UBM UBS ETN 1L (P) NYSE Arca Industrial Metals Overall 0.65% 0.0 - 3
DB Base Metals Double Long ETN BDD US BDD Deutsche Bank ETN 2L (P) NYSE Arca Industrial Metals Overall 0.75% 0.0 - 3
DB Base Metals Double Short ETN BOM US BOM Deutsche Bank ETN 2S (P) NYSE Arca Industrial Metals Overall 0.75% 0.0 (0.2) 3
DB Base Metals Short ETN BOS US BOS Deutsche Bank ETN 1S (P) NYSE Arca Industrial Metals Overall 0.75% 0.0 (0.1) 2
iPath Pure Beta Industrial Metals ETN HEVY US HEVY.K Barclays Bank ETN 1L (P) NYSE Arca Industrial Metals Overall 0.75% 0.0 - 0
DB Base Metals Long ETN BDG US BDG Deutsche Bank ETN 1L (P) NYSE Arca Industrial Metals Overall 0.75% 0.0 (0.3) 0
iPath Dow Jones-UBS Tin Subindex Total Return ETN JJT US JJT Barclays Bank ETN 1L (P) NYSE Arca Industrial Metals Tin 0.75% 0.0 - 2
Precious Metals
DB Gold Double Long ETN DGP US DGP Deutsche Bank ETN 2L (P) NYSE Arca Precious Metals Gold 0.75% 1.7 - 147
VelocityShares 3x Long Gold ETN UGLD US UGLD.O Credit Suisse ETN 3L (P) Nasdaq Precious Metals Gold 1.35% 7.5 21.9 103
Credit Suisse X-Links Gold Shares Covered Call ETN GLDI US GLDI.O Credit Suisse ETN 1L (P) Nasdaq Precious Metals Gold 0.65% 0.3 8.4 45
DB Gold Double Short ETN DZZ US DZZ Deutsche Bank ETN 2S (P) NYSE Arca Precious Metals Gold 0.75% 1.2 (4.4) 40
DB Gold Short ETN DGZ US DGZ Deutsche Bank ETN 1S (P) NYSE Arca Precious Metals Gold 0.75% 0.9 (2.8) 19
VelocityShares 3x Inverse Gold ETN DGLD US DGLD.O Credit Suisse ETN 3S (P) Nasdaq Precious Metals Gold 1.35% 3.4 3.8 17 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Deu
tsch
e B
an
k S
ecu
rities In
c.
Pag
e 6
1
ETP Name BBG Ticker RIC IssuerStructure &
StrategyExchange
Sector / Investment
Focus
Sub Sector / Sub
Investment FocusTER
ADV
$MMNet Flows $MM
AUM
$MM
ETRACS CMCI Gold Total Return UBG US UBG UBS ETN 1L (P) NYSE Arca Precious Metals Gold 0.30% 0.0 - 13
ETRACS CMCI Silver Total Return USV US USV UBS ETN 1L (P) NYSE Arca Precious Metals Overall 0.40% 0.0 - 10
iPath Dow Jones-UBS Precious Metals Subindex Total Return ETN JJP US JJP Barclays Bank ETN 1L (P) NYSE Arca Precious Metals Overall 0.75% 0.1 - 8
iPath Pure Beta Precious Metals ETN BLNG US BLNG.K Barclays Bank ETN 1L (P) NYSE Arca Precious Metals Overall 0.75% 0.1 4.4 6
ETRACS CMCI Long Platinum Total Return PTM US PTM UBS ETN 1L (P) NYSE Arca Precious Metals Platinum 0.65% 0.0 - 22
iPath Dow Jones-UBS Platinum Subindex Total Return ETN PGM US PGM Barclays Bank ETN 1L (P) NYSE Arca Precious Metals Platinum 0.75% 0.0 - 8
VelocityShares 3x Long Silver ETN USLV US USLV.O Credit Suisse ETN 3L (P) Nasdaq Precious Metals Silver 1.65% 19.8 28.7 263
Credit Suisse X-Links Silver Shares Covered Call ETN SLVO US SLVO.O Credit Suisse ETN 1L (P) Nasdaq Precious Metals Silver 0.65% 0.2 1.5 37
VelocityShares 3x Inverse Silver ETN DSLV US DSLV.O Credit Suisse ETN 3S (P) Nasdaq Precious Metals Silver 1.65% 2.3 9.4 17
Livestock
iPath Dow Jones-UBS Livestock Subindex Total Return ETN COW US COW Barclays Bank ETN 1L (P) NYSE Arca Livestock Overall 0.75% 0.1 (0.4) 12
ETRACS CMCI Livestock Total Return UBC US UBC UBS ETN 1L (P) NYSE Arca Livestock Overall 0.65% 0.0 - 4
iPath Pure Beta Livestock ETN LSTK US LSTK.K Barclays Bank ETN 1L (P) NYSE Arca Livestock Overall 0.75% 0.0 1.1 3
Currency
FX Trading Strategy
iPath Optimized Currency Carry ETN ICI US ICI Barclays Bank ETN 1L (P) NYSE Arca FX Trading Strategy Carry 0.65% 0.1 (0.4) 2
Currency Exposure - Pair
Market Vectors Double Short Euro ETN DRR US DRR VanEck Vectors ETN 2S (P) NYSE Arca Currency Exposure - Pair EURUSD 0.65% 0.3 (5.5) 32
iPath EUR/USD Exchange Rate ETN ERO US ERO Barclays Bank ETN 1L (P) NYSE Arca Currency Exposure - Pair EURUSD 0.40% 0.3 0.0 3
Market Vectors Double Long Euro ETN URR US URR VanEck Vectors ETN 2L (P) NYSE Arca Currency Exposure - Pair EURUSD 0.65% 0.0 - 2
iPath GBP/USD Exchange Rate ETN GBB US GBB Barclays Bank ETN 1L (P) NYSE Arca Currency Exposure - Pair GBPUSD 0.40% 0.1 1.1 2
iPath JPY/USD Exchange Rate ETN JYN US JYN Barclays Bank ETN 1L (P) NYSE Arca Currency Exposure - Pair JPYUSD 0.40% 0.0 (0.0) 2
Market Vectors Chinese Renminbi/USD ETN CNY US CNY VanEck Vectors ETN 1L (P) NYSE Arca Currency Exposure - Pair USDCNY 0.55% 0.1 - 11
Market Vectors Indian Rupee/USD ETN INR US INR VanEck Vectors ETN 1L (P) NYSE Arca Currency Exposure - Pair USDINR 0.55% 0.0 - 1
Currency Exposure - Broad
iPath GEMS Index ETN JEM US JEM Barclays Bank ETN 1L (P) NYSE Arca Currency Exposure - Broad Overall 0.89% 0.0 0.0 2
iPath GEMS Asia 8 ETN AYT US AYT Barclays Bank ETN 1L (P) NYSE Arca Currency Exposure - Broad Overall 0.89% 0.1 (0.0) 1
iPath Asian & Gulf Currency Revaluation ETN PGD US PGD Barclays Bank ETN 1L (P) NYSE Arca Currency Exposure - Broad Overall 0.89% 0.0 0.0 1
Multi Asset
Target Risk
Barclays ETN+ S&P VEQTOR ETN VQT US VQT Barclays Bank ETN 1L (P) NYSE Arca Target Risk Aggressive 0.95% 0.8 (37.6) 218
ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN CEFL US CEFL.K UBS ETN 2L (P) NYSE Arca Target Risk Moderate 0.50% 2.3 7.1 176
ETRACS Monthly Pay 2xLeveraged Diversified High Income ETN DVHL US DVHL.K UBS ETN 2L (P) NYSE Arca Target Risk Moderate 0.85% 0.1 - 26
ETRACS Diversified High Income ETN DVHI US DVHI.K UBS ETN 1L (P) NYSE Arca Target Risk Moderate 0.84% 0.0 - 23
ETRACS S&P 500 Gold Hedged Index SPGH US SPGH.K UBS ETN 1L (P) NYSE Arca Target Risk Moderate 0.69% 0.1 - 23
Credit Suisse X-Links Multi-Asset High Income ETN MLTI US MLTI.K Credit Suisse ETN 1L (P) NYSE Arca Target Risk Moderate 0.84% 0.0 (20.2) 7
Claymore CEF GS Connect ETN GCE US GCE Guggenheim Investments ETN 1L (P) NYSE Arca Target Risk Target Risk 0.95% 0.0 - 8
Alternative
Hedge Fund
Credit Suisse X-Links Long/Short Equity ETN CSLS US CSLS.K Credit Suisse ETN 1LS (P) NYSE Arca Hedge Fund Long/Short 0.45% 0.2 2.0 23
Private Equity
Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
US
ETF+
Qu
arte
rly D
irecto
ry
20
Ju
ly 2
01
6
Pag
e 6
2
Deu
tsch
e B
an
k S
ecu
rities In
c.
ETP Name BBG Ticker RIC IssuerStructure &
StrategyExchange
Sector / Investment
Focus
Sub Sector / Sub
Investment FocusTER
ADV
$MMNet Flows $MM
AUM
$MM
Alternative
Hedge Fund
Credit Suisse X-Links Long/Short Equity ETN CSLS US CSLS.K Credit Suisse ETN 1LS (P) NYSE Arca Hedge Fund Long/Short 0.45% 0.2 2.0 23
Private Equity
ETRACS 2xLeveraged Long Wells Fargo Business Development Company
Index ETN
BDCL US BDCL.K UBS ETN 2L (P) NYSE Arca Private Equity Overall 0.85% 2.2 - 232
ETRACS Linked to the Wells Fargo Business Development Company Index
ETN
BDCS US BDCS.K UBS ETN 1L (P) NYSE Arca Private Equity Overall 0.85% 0.2 3.6 67
ETRACS Linked to the Wells Fargo Business Development Company Index
ETN Series B
BDCZ US BDCZ.K UBS ETN 1L (P) NYSE Arca Private Equity Overall 0.85% 0.1 - 31
ETRACS 2xLeveraged Long Wells Fargo Business Development Company
Index ETN Series B
LBDC US LBDC.K UBS ETN 2L (P) NYSE Arca Private Equity Overall 0.85% 0.0 - 25
Volatility
iPath S&P 500 VIX Short-Term Futures ETN VXX US VXX Barclays Bank ETN 1L (P) NYSE Arca Volatility Equity 0.89% 1,196.4 449.9 1,256
VelocityShares Daily Inverse VIX Short-Term ETN XIV US XIV.O Credit Suisse ETN 1S (P) Nasdaq Volatility Equity 1.35% 750.6 (13.7) 1,005
VelocityShares Daily 2x VIX Short-Term ETN TVIX US TVIX.O Credit Suisse ETN 2L (P) Nasdaq Volatility Equity 1.65% 168.4 229.4 333
VelocityShares Daily Inverse VIX Medium-Term ETN ZIV US ZIV.O Credit Suisse ETN 1S (P) Nasdaq Volatility Equity 1.35% 1.8 (10.0) 77
iPath S&P 500 VIX Mid-Term Futures ETN VXZ US VXZ Barclays Bank ETN 1L (P) NYSE Arca Volatility Equity 0.89% 5.4 10.5 51
ETRACS Daily Long-Short VIX ETN XVIX US XVIX.K UBS ETN 1LS (P) NYSE Arca Volatility Equity 0.85% 0.0 - 13
VelocityShares Daily Long VIX Short-Term ETN VIIX US VIIX.O Credit Suisse ETN 1L (P) Nasdaq Volatility Equity 0.89% 6.4 8.6 13
iPath S&P 500 Dynamic VIX ETN XVZ US XVZ Barclays Bank ETN 1L (P) NYSE Arca Volatility Equity 0.95% 0.0 0.0 10
VelocityShares Daily 2x VIX Medium-Term ETN TVIZ US TVIZ.O Credit Suisse ETN 2L (P) Nasdaq Volatility Equity 1.65% 0.1 0.6 1
VelocityShares Daily Long VIX Medium-Term ETN VIIZ US VIIZ.O Credit Suisse ETN 1L (P) Nasdaq Volatility Equity 0.89% 0.0 - 1
iPath Inverse S&P 500 VIX Short-Term Futures ETN (II) IVOP US IVOP.K Barclays Bank ETN 1S (P) NYSE Arca Volatility Equity 0.89% 0.0 (0.5) 1
iPath Inverse S&P 500 VIX Short-Term Futures ETN XXV US XXV Barclays Bank ETN 1S (P) NYSE Arca Volatility Equity 0.89% 0.1 (0.2) 0 Source: Deutsche Bank, Bloomberg Finance LP, FactSet.
20 July 2016
US ETF+ Quarterly Directory
Deutsche Bank Securities Inc. Page 63
Appendix 1
Important Disclosures
Additional information available upon request
*Prices are current as of the end of the previous trading session unless otherwise indicated and are sourced from local exchanges via Reuters, Bloomberg and other vendors . Other information is sourced from Deutsche Bank, subject companies, and other sources. For disclosures pertaining to recommendations or estimates made on securities other than the primary subject of this research, please see the most recently published company report or visit our global disclosure look-up page on our website at http://gm.db.com/ger/disclosure/DisclosureDirectory.eqsr
Analyst Certification
The views expressed in this report accurately reflect the personal views of the undersigned lead analyst(s). In addition, the undersigned lead analyst(s) has not and will not receive any compensation for providing a specific recommendation or view in this report. Sebastian Mercado
Equity rating key Equity rating dispersion and banking relationships
Buy: Based on a current 12- month view of total share-holder return (TSR = percentage change in share price from current price to projected target price plus pro-jected dividend yield ) , we recommend that investors buy the stock.
Sell: Based on a current 12-month view of total share-holder return, we recommend that investors sell the stock
Hold: We take a neutral view on the stock 12-months out and, based on this time horizon, do not recommend either a Buy or Sell.
Newly issued research recommendations and target prices supersede previously published research.
46 %51 %
3 %
53 % 42 %
17 %0
100
200
300
400
500
600
Buy Hold Sell
North American Universe
Companies Covered Cos. w/ Banking Relationship
20 July 2016
US ETF+ Quarterly Directory
Page 64 Deutsche Bank Securities Inc.
Regulatory Disclosures
1.Additional Information
Information on ETFs is provided strictly for illustrative purposes and should not be deemed an offer to sell or a
solicitation of an offer to buy shares of any fund that is described in this document. Consider carefully any fund's
investment objectives, risk factors, and charges and expenses before investing. This and other information can be found
in the fund's prospectus. Prospectuses about db X-trackers funds and Powershares DB funds can be obtained by calling
1-877-369-4617 or by visiting www.DBXUS.com. Read prospectuses carefully before investing. Past performance is not
necessarily indicative of future results. Investing involves risk, including possible loss of principal. To better understand
the similarities and differences between investments, including investment objectives, risks, fees and expenses, it is
important to read the products' prospectuses. Shares of ETFs may be sold throughout the day on an exchange through
any brokerage account. However, shares may only be redeemed directly from an ETF by authorized participants, in very
large creation/redemption units. Transactions in shares of ETFs will result in brokerage commissions and will generate
tax consequences. ETFs are obliged to distribute portfolio gains to shareholders. Deutsche Bank may be an issuer,
advisor, manager, distributor or administrator of, or provide other services to, an ETF included in this report, for which it
receives compensation. db X-trackers and Powershares DB funds are distributed by ALPS Distributors, Inc. The opinions
expressed are those of the authors and do not necessarily reflect the views of DB, ALPS or their affiliates.
Aside from within this report, important conflict disclosures can also be found at https://gm.db.com/equities under the
"Disclosures Lookup" and "Legal" tabs. Investors are strongly encouraged to review this information before investing.
2. Short-Term Trade Ideas
Deutsche Bank equity research analysts sometimes have shorter-term trade ideas (known as SOLAR ideas) that are
consistent or inconsistent with Deutsche Bank's existing longer term ratings. These trade ideas can be found at the
SOLAR link at http://gm.db.com.
20 July 2016
US ETF+ Quarterly Directory
Deutsche Bank Securities Inc. Page 65
Additional Information
The information and opinions in this report were prepared by Deutsche Bank AG or one of its affiliates (collectively
"Deutsche Bank"). Though the information herein is believed to be reliable and has been obtained from public sources
believed to be reliable, Deutsche Bank makes no representation as to its accuracy or completeness.
If you use the services of Deutsche Bank in connection with a purchase or sale of a security that is discussed in this
report, or is included or discussed in another communication (oral or written) from a Deutsche Bank analyst, Deutsche
Bank may act as principal for its own account or as agent for another person.
Deutsche Bank may consider this report in deciding to trade as principal. It may also engage in transactions, for its own
account or with customers, in a manner inconsistent with the views taken in this research report. Others within
Deutsche Bank, including strategists, sales staff and other analysts, may take views that are inconsistent with those
taken in this research report. Deutsche Bank issues a variety of research products, including fundamental analysis,
equity-linked analysis, quantitative analysis and trade ideas. Recommendations contained in one type of communication
may differ from recommendations contained in others, whether as a result of differing time horizons, methodologies or
otherwise. Deutsche Bank and/or its affiliates may also be holding debt or equity securities of the issuers it writes on.
Analysts are paid in part based on the profitability of Deutsche Bank AG and its affiliates, which includes investment
banking revenues.
Opinions, estimates and projections constitute the current judgment of the author as of the date of this report. They do
not necessarily reflect the opinions of Deutsche Bank and are subject to change without notice. Deutsche Bank research
analysts sometimes have shorter-term trade ideas that are consistent or inconsistent with Deutsche Bank's existing
longer term ratings. These trade ideas for equities can be found at the SOLAR link at http://gm.db.com. A SOLAR idea
represents a high conviction belief by an analyst that a stock will outperform or underperform the market and/or sector
delineated over a time frame of no less than two weeks. In addition to SOLAR ideas, the analysts named in this report
may have from time to time discussed with our clients, including Deutsche Bank salespersons and traders, or may
discuss in this report or elsewhere, trading strategies or ideas that reference catalysts or events that may have a near-
term or medium-term impact on the market price of the securities discussed in this report, which impact may be
directionally counter to the analysts' current 12-month view of total return as described herein. Deutsche Bank has no
obligation to update, modify or amend this report or to otherwise notify a recipient thereof if any opinion, forecast or
estimate contained herein changes or subsequently becomes inaccurate. Coverage and the frequency of changes in
market conditions and in both general and company specific economic prospects makes it difficult to update research at
defined intervals. Updates are at the sole discretion of the coverage analyst concerned or of the Research Department
Management and as such the majority of reports are published at irregular intervals. This report is provided for
informational purposes only. It is not an offer or a solicitation of an offer to buy or sell any financial instruments or to
participate in any particular trading strategy. Target prices are inherently imprecise and a product of the analyst’s
judgment. The financial instruments discussed in this report may not be suitable for all investors and investors must
make their own informed investment decisions. Prices and availability of financial instruments are subject to change
without notice and investment transactions can lead to losses as a result of price fluctuations and other factors. If a
financial instrument is denominated in a currency other than an investor's currency, a change in exchange rates may
adversely affect the investment. Past performance is not necessarily indicative of future results. Unless otherwise
indicated, prices are current as of the end of the previous trading session, and are sourced from local exchanges via
Reuters, Bloomberg and other vendors. Data is sourced from Deutsche Bank, subject companies, and in some cases,
other parties.
The Deutsche Bank Research Department is independent of other business areas divisions of the Bank. Details regarding
our organizational arrangements and information barriers we have to prevent and avoid conflicts of interest with respect
to our research is available on our website under Disclaimer found on the Legal tab.
Macroeconomic fluctuations often account for most of the risks associated with exposures to instruments that promise
to pay fixed or variable interest rates. For an investor who is long fixed rate instruments (thus receiving these cash
flows), increases in interest rates naturally lift the discount factors applied to the expected cash flows and thus cause a
20 July 2016
US ETF+ Quarterly Directory
Page 66 Deutsche Bank Securities Inc.
loss. The longer the maturity of a certain cash flow and the higher the move in the discount factor, the higher will be the
loss. Upside surprises in inflation, fiscal funding needs, and FX depreciation rates are among the most common adverse
macroeconomic shocks to receivers. But counterparty exposure, issuer creditworthiness, client segmentation, regulation
(including changes in assets holding limits for different types of investors), changes in tax policies, currency
convertibility (which may constrain currency conversion, repatriation of profits and/or the liquidation of positions), and
settlement issues related to local clearing houses are also important risk factors to be considered. The sensitivity of fixed
income instruments to macroeconomic shocks may be mitigated by indexing the contracted cash flows to inflation, to
FX depreciation, or to specified interest rates – these are common in emerging markets. It is important to note that the
index fixings may -- by construction -- lag or mis-measure the actual move in the underlying variables they are intended
to track. The choice of the proper fixing (or metric) is particularly important in swaps markets, where floating coupon
rates (i.e., coupons indexed to a typically short-dated interest rate reference index) are exchanged for fixed coupons. It is
also important to acknowledge that funding in a currency that differs from the currency in which coupons are
denominated carries FX risk. Naturally, options on swaps (swaptions) also bear the risks typical to options in addition to
the risks related to rates movements.
Derivative transactions involve numerous risks including, among others, market, counterparty default and illiquidity risk.
The appropriateness or otherwise of these products for use by investors is dependent on the investors' own
circumstances including their tax position, their regulatory environment and the nature of their other assets and
liabilities, and as such, investors should take expert legal and financial advice before entering into any transaction similar
to or inspired by the contents of this publication. The risk of loss in futures trading and options, foreign or domestic, can
be substantial. As a result of the high degree of leverage obtainable in futures and options trading, losses may be
incurred that are greater than the amount of funds initially deposited. Trading in options involves risk and is not suitable
for all investors. Prior to buying or selling an option investors must review the "Characteristics and Risks of Standardized
Options”, at http://www.optionsclearing.com/about/publications/character-risks.jsp. If you are unable to access the
website please contact your Deutsche Bank representative for a copy of this important document.
Participants in foreign exchange transactions may incur risks arising from several factors, including the following: ( i)
exchange rates can be volatile and are subject to large fluctuations; ( ii) the value of currencies may be affected by
numerous market factors, including world and national economic, political and regulatory events, events in equity and
debt markets and changes in interest rates; and (iii) currencies may be subject to devaluation or government imposed
exchange controls which could affect the value of the currency. Investors in securities such as ADRs, whose values are
affected by the currency of an underlying security, effectively assume currency risk.
Unless governing law provides otherwise, all transactions should be executed through the Deutsche Bank entity in the
investor's home jurisdiction.
United States: Approved and/or distributed by Deutsche Bank Securities Incorporated, a member of FINRA, NFA and
SIPC. Analysts employed by non-US affiliates may not be associated persons of Deutsche Bank Securities Incorporated
and therefore not subject to FINRA regulations concerning communications with subject companies, public appearances
and securities held by analysts.
Germany: Approved and/or distributed by Deutsche Bank AG, a joint stock corporation with limited liability incorporated
in the Federal Republic of Germany with its principal office in Frankfurt am Main. Deutsche Bank AG is authorized under
German Banking Law and is subject to supervision by the European Central Bank and by BaFin, Germany’s Federal
Financial Supervisory Authority.
United Kingdom: Approved and/or distributed by Deutsche Bank AG acting through its London Branch at Winchester
House, 1 Great Winchester Street, London EC2N 2DB. Deutsche Bank AG in the United Kingdom is authorised by the
Prudential Regulation Authority and is subject to limited regulation by the Prudential Regulation Authority and Financial
Conduct Authority. Details about the extent of our authorisation and regulation are available on request.
Hong Kong: Distributed by Deutsche Bank AG, Hong Kong Branch.
India: Prepared by Deutsche Equities India Pvt Ltd, which is registered by the Securities and Exchange Board of India
(SEBI) as a stock broker. Research Analyst SEBI Registration Number is INH000001741. DEIPL may have received
administrative warnings from the SEBI for breaches of Indian regulations.
20 July 2016
US ETF+ Quarterly Directory
Deutsche Bank Securities Inc. Page 67
Japan: Approved and/or distributed by Deutsche Securities Inc.(DSI). Registration number - Registered as a financial
instruments dealer by the Head of the Kanto Local Finance Bureau (Kinsho) No. 117. Member of associations: JSDA,
Type II Financial Instruments Firms Association and The Financial Futures Association of Japan. Commissions and risks
involved in stock transactions - for stock transactions, we charge stock commissions and consumption tax by
multiplying the transaction amount by the commission rate agreed with each customer. Stock transactions can lead to
losses as a result of share price fluctuations and other factors. Transactions in foreign stocks can lead to additional
losses stemming from foreign exchange fluctuations. We may also charge commissions and fees for certain categories
of investment advice, products and services. Recommended investment strategies, products and services carry the risk
of losses to principal and other losses as a result of changes in market and/or economic trends, and/or fluctuations in
market value. Before deciding on the purchase of financial products and/or services, customers should carefully read the
relevant disclosures, prospectuses and other documentation. "Moody's", "Standard & Poor's", and "Fitch" mentioned in
this report are not registered credit rating agencies in Japan unless Japan or "Nippon" is specifically designated in the
name of the entity. Reports on Japanese listed companies not written by analysts of DSI are written by Deutsche Bank
Group's analysts with the coverage companies specified by DSI. Some of the foreign securities stated on this report are
not disclosed according to the Financial Instruments and Exchange Law of Japan.
Korea: Distributed by Deutsche Securities Korea Co.
South Africa: Deutsche Bank AG Johannesburg is incorporated in the Federal Republic of Germany (Branch Register
Number in South Africa: 1998/003298/10).
Singapore: by Deutsche Bank AG, Singapore Branch or Deutsche Securities Asia Limited, Singapore Branch (One Raffles
Quay #18-00 South Tower Singapore 048583, +65 6423 8001), which may be contacted in respect of any matters
arising from, or in connection with, this report. Where this report is issued or promulgated in Singapore to a person who
is not an accredited investor, expert investor or institutional investor (as defined in the applicable Singapore laws and
regulations), they accept legal responsibility to such person for its contents.
Taiwan: Information on securities/investments that trade in Taiwan is for your reference only. Readers should
independently evaluate investment risks and are solely responsible for their investment decisions. Deutsche Bank
research may not be distributed to the Taiwan public media or quoted or used by the Taiwan public media without
written consent. Information on securities/instruments that do not trade in Taiwan is for informational purposes only and
is not to be construed as a recommendation to trade in such securities/instruments. Deutsche Securities Asia Limited,
Taipei Branch may not execute transactions for clients in these securities/instruments.
Qatar: Deutsche Bank AG in the Qatar Financial Centre (registered no. 00032) is regulated by the Qatar Financial Centre
Regulatory Authority. Deutsche Bank AG - QFC Branch may only undertake the financial services activities that fall
within the scope of its existing QFCRA license. Principal place of business in the QFC: Qatar Financial Centre, Tower,
West Bay, Level 5, PO Box 14928, Doha, Qatar. This information has been distributed by Deutsche Bank AG. Related
financial products or services are only available to Business Customers, as defined by the Qatar Financial Centre
Regulatory Authority.
Russia: This information, interpretation and opinions submitted herein are not in the context of, and do not constitute,
any appraisal or evaluation activity requiring a license in the Russian Federation.
Kingdom of Saudi Arabia: Deutsche Securities Saudi Arabia LLC Company, (registered no. 07073-37) is regulated by the
Capital Market Authority. Deutsche Securities Saudi Arabia may only undertake the financial services activities that fall
within the scope of its existing CMA license. Principal place of business in Saudi Arabia: King Fahad Road, Al Olaya
District, P.O. Box 301809, Faisaliah Tower - 17th Floor, 11372 Riyadh, Saudi Arabia.
United Arab Emirates: Deutsche Bank AG in the Dubai International Financial Centre (registered no. 00045) is regulated
by the Dubai Financial Services Authority. Deutsche Bank AG - DIFC Branch may only undertake the financial services
activities that fall within the scope of its existing DFSA license. Principal place of business in the DIFC: Dubai
International Financial Centre, The Gate Village, Building 5, PO Box 504902, Dubai, U.A.E. This information has been
distributed by Deutsche Bank AG. Related financial products or services are only available to Professional Clients, as
20 July 2016
US ETF+ Quarterly Directory
Page 68 Deutsche Bank Securities Inc.
defined by the Dubai Financial Services Authority.
Australia: Retail clients should obtain a copy of a Product Disclosure Statement (PDS) relating to any financial product
referred to in this report and consider the PDS before making any decision about whether to acquire the product. Please
refer to Australian specific research disclosures and related information at
https://australia.db.com/australia/content/research-information.html
Australia and New Zealand: This research, and any access to it, is intended only for "wholesale clients" within the
meaning of the Australian Corporations Act and New Zealand Financial Advisors Act respectively.
Additional information relative to securities, other financial products or issuers discussed in this report is available upon
request. This report may not be reproduced, distributed or published without Deutsche Bank's prior written consent.
Copyright © 2016 Deutsche Bank AG
David Folkerts-Landau Group Chief Economist and Global Head of Research
Raj Hindocha Global Chief Operating Officer
Research
Michael Spencer Head of APAC Research
Global Head of Economics
Steve Pollard Head of Americas Research
Global Head of Equity Research
Anthony Klarman Global Head of Debt Research
Paul Reynolds Head of EMEA
Equity Research
Dave Clark Head of APAC
Equity Research
Pam Finelli Global Head of
Equity Derivatives Research
Andreas Neubauer Head of Research - Germany
Stuart Kirk Head of Thematic Research
International Locations
Deutsche Bank AG
Deutsche Bank Place
Level 16
Corner of Hunter & Phillip Streets
Sydney, NSW 2000
Australia
Tel: (61) 2 8258 1234
Deutsche Bank AG
Große Gallusstraße 10-14
60272 Frankfurt am Main
Germany
Tel: (49) 69 910 00
Deutsche Bank AG
Filiale Hongkong
International Commerce Centre,
1 Austin Road West,Kowloon,
Hong Kong
Tel: (852) 2203 8888
Deutsche Securities Inc.
2-11-1 Nagatacho
Sanno Park Tower
Chiyoda-ku, Tokyo 100-6171
Japan
Tel: (81) 3 5156 6770
Deutsche Bank AG London
1 Great Winchester Street
London EC2N 2EQ
United Kingdom
Tel: (44) 20 7545 8000
Deutsche Bank Securities Inc.
60 Wall Street
New York, NY 10005
United States of America
Tel: (1) 212 250 2500