# Portfolio overlap — FEP vs DBEU

Comparing **First Trust Europe AlphaDEX Fund** (2026-03-31) and **Xtrackers MSCI Europe Hedged Equity ETF** (2026-02-27).

- Shared positions: 127
- First Trust Europe AlphaDEX Fund covered by Xtrackers MSCI Europe Hedged Equity ETF: 0.2250809038259909210428792918
- Xtrackers MSCI Europe Hedged Equity ETF covered by First Trust Europe AlphaDEX Fund: 0.2250809038259909210428792916

## First Trust Europe AlphaDEX Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| DAIWA CAPITAL MARKETS AMERICA INC | 0.041112 |  |
| EQUINOR ASA | 0.012868 | ✓ |
| HOCHTIEF AG | 0.012525 | ✓ |
| NORDEX SE | 0.012471 |  |
| TENARIS SA | 0.012067 | ✓ |
| YARA INTL ASA | 0.011786 | ✓ |
| ACS | 0.011247 | ✓ |
| TOTALENERGIES SE | 0.011126 | ✓ |
| ENDEAVOUR MINING | 0.010636 | ✓ |
| AURUBIS AG | 0.010502 |  |
| RIO TINTO PLC | 0.010390 | ✓ |
| FRESNILLO PLC | 0.010280 | ✓ |
| SSAB-B | 0.010005 |  |
| AP MOLLER-B | 0.009430 | ✓ |
| SAIPEM SPA | 0.009342 |  |
| NORSK HYDRO ASA | 0.009273 | ✓ |
| RWE AG | 0.008924 | ✓ |
| PRYSMIAN SPA | 0.008799 | ✓ |
| VOPAK | 0.008693 |  |
| UNIQA INSURANCE | 0.008691 |  |
| ARCELORMITTAL | 0.008508 | ✓ |
| ISS A/S | 0.008474 |  |
| BBVA | 0.008289 | ✓ |
| BEAZLEY PLC/UK | 0.008156 |  |
| A2A SPA | 0.007973 |  |
| STANDARD CHARTER | 0.007945 | ✓ |
| COLRUYT SA | 0.007845 |  |
| MAIRE TECNIMONT | 0.007747 |  |
| IG GROUP HOLDING | 0.007742 |  |
| ACCIONA SA | 0.007719 | ✓ |
| Sanofi SA | 0.007710 | ✓ |
| SHELL PLC | 0.007663 | ✓ |
| VIENNA INSURANCE | 0.007609 |  |
| BOLIDEN AB | 0.007595 | ✓ |
| DEUTSCHE LUFT-RG | 0.007408 | ✓ |
| WARTSILA OYJ CLASS B | 0.007341 | ✓ |
| Prudential Public Limited Company | 0.007310 | ✓ |
| MERCEDES-BENZ GR | 0.007209 | ✓ |
| ENI SPA | 0.007197 | ✓ |
| HOLCIM LTD | 0.007195 | ✓ |
| ANTOFAGASTA PLC | 0.007137 | ✓ |
| TRITAX BIG BOX R | 0.007133 |  |
| COMMERZBANK | 0.007129 | ✓ |
| ORKLA ASA | 0.007103 | ✓ |
| REPSOL SA | 0.007029 | ✓ |
| MAPFRE SA | 0.006934 | ✓ |
| Common Stock | 0.006791 | ✓ |
| BUZZI UNICEM SPA | 0.006779 | ✓ |
| ASSOCIATED BRITISH FOODS PLC COMMON STOCK | 0.006680 | ✓ |
| INTL CONS AIRLIN | 0.006671 | ✓ |

## Xtrackers MSCI Europe Hedged Equity ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| ASML Holding NV | 0.037628 | ✓ |
| ROCHE HOLDINGS AG (GENUSSCHEINE) | 0.022314 |  |
| ASTRAZENECA PLC | 0.021613 |  |
| Novartis AG (Registered) | 0.021469 |  |
| HSBC HOLDINGS PL | 0.021462 | ✓ |
| NESTLE SA (REG) | 0.018730 |  |
| SHELL PLC | 0.015715 | ✓ |
| SIEMENS AG-REG | 0.014786 |  |
| SAP SE | 0.014055 |  |
| BANCO SANTANDER SA | 0.012448 | ✓ |
| SCHNEIDER ELECTR | 0.011929 |  |
| ALLIANZ SE (REGD) | 0.011440 | ✓ |
| UNILEVER PLC | 0.010696 |  |
| LVMH MOET HENNESSY LOUIS VUITTON SE | 0.010645 |  |
| TOTALENERGIES SE | 0.010511 | ✓ |
| SIEMENS ENERGY AG | 0.010140 | ✓ |
| IBERDROLA SA | 0.010135 |  |
| ROLLS-ROYCE HOLDINGS PLC | 0.010056 | ✓ |
| DEUTSCHE TELEKOM | 0.009856 | ✓ |
| ABB Ltd. (Registered) | 0.009745 |  |
| SAFRAN SA | 0.009484 | ✓ |
| BRITISH AMERICAN TOBACCO PLC | 0.009064 |  |
| BBVA | 0.008870 | ✓ |
| UBS GROUP AG | 0.008804 |  |
| Airbus SE | 0.008622 | ✓ |
| L'Air Liquide, societe anonyme pour l'Etude et l'Exploitation des procedes Georges Claude | 0.008136 |  |
| NOVO NORDISK-B | 0.008067 |  |
| GSK PLC | 0.008044 |  |
| UNICREDIT SPA | 0.007990 | ✓ |
| DWS GOVERNMENT MONEY MARKET SERIES INSTITUTIONAL SHARES | 0.007716 |  |
| BNP PARIBAS | 0.007550 |  |
| L'OREAL SA ORD | 0.007517 |  |
| RIO TINTO PLC | 0.007423 | ✓ |
| ZURICH INSURANCE | 0.007369 |  |
| CIE FINANCI-REG | 0.007322 |  |
| Sanofi SA | 0.007105 | ✓ |
| BP PLC | 0.006754 |  |
| ENEL SPA | 0.006513 |  |
| INTESA SANPAOLO | 0.006425 |  |
| NATIONAL GRID PL | 0.006201 |  |
| RHEINMETALL AG | 0.006023 | ✓ |
| MUENCHENER RUE-R | 0.005698 |  |
| BAE SYSTEMS PLC | 0.005697 | ✓ |
| DWS GOVERNMENT AND AGENCY SECURITIES PORTFOLIO DWS GOVERNMENT CASH INSTITUTIONAL SHARES | 0.005696 |  |
| ING GROEP NV | 0.005666 | ✓ |
| BARCLAYS PLC | 0.005586 | ✓ |
| AXA | 0.005464 |  |
| VINCI SA | 0.005452 |  |
| LLOYDS BANKING | 0.005418 |  |
| SPOTIFY TECHNOLOGY SA | 0.005382 |  |


## Sources

- N-PORT (fund A) — accession `0000940400-26-021794` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/1510337/000094040026021794/0000940400-26-021794-index.htm>
- N-PORT (fund B) — accession `0000940400-26-015657` (as of 2026-02-27)
  <https://www.sec.gov/Archives/edgar/data/1503123/000094040026015657/0000940400-26-015657-index.htm>

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