UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

**FORM N-Q**

**QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF        REGISTERED**

**MANAGEMENT INVESTMENT COMPANY**

**_______________________________**

Investment Company Act file number        811-08599

DWS        Equity Trust

(Exact name of registrant as specified in        charter)

 

222        South Riverside Plaza

Chicago, IL 60606

(Address of principal executive offices)                    (Zip code)

 

Paul Schubert

345 Park Avenue

New York, NY 10154

(Name and address of agent for        service)

Registrant's telephone number, including area        code:(212) 454-7190

Date of fiscal year end:04/30

Date of reporting        period:01/31/08

 

ITEM 1.        SCHEDULE OF INVESTMENTS

 

| Investment Portfolio | **as of January 31, 2008 (Unaudited)** |
|----------------------|----------------------------------------|

         

 

**DWS        Disciplined Long/Short Growth Fund**

|                                                             | **Shares**  |   | **Value                        ($)** |
|------------------------------------------------------------------|-------------|--------|--------------------------------------|
|                                                                  |
| **Long Positions 119.6%**                                        |        |
| **Common Stocks 114.2%**                                         |        |
| **Consumer Discretionary 12.1%**                                 |        |
| **Auto Components                        1.8%**                  |        |
| Autoliv, Inc. (a)                                                |        | 2,100  |                                 | 104,895 |
| Johnson Controls, Inc. (a)                                       |        | 2,900  |                                 | 102,573 |
|                                                                  |
|                                                             | **207,468** |
| **Hotels Restaurants & Leisure                        2.4%** |        |
| McDonald's Corp. (a)                                             |        | 2,400  |                                 | 128,520 |
|                                                                  |             |        |                                      |  |  |  |

| Yum! Brands, Inc. (a)                                           |          | 4,600 |   | 157,136     |
|-----------------------------------------------------------------|---------------|-------|--------|-------------|
|                                                                 |
|                                                            | **285,656**   |
| **Household Durables                        0.9%**              |          |
| Garmin Ltd. (a)                                                 |          | 1,400 |   | **101,010** |
| **Internet & Catalog Retail                        0.1%**   |          |
| Amazon.com, Inc.* (a)                                           |          | 200   |   | **15,540**  |
| **Media 2.2%**                                                  |          |
| DISH Network Corp. "A"*                                         |          | 3,900 |   | 110,136     |
| The DIRECTV Group, Inc.* (a)                                    |          | 6,500 |   | 146,770     |
|                                                                 |
|                                                            | **256,906**   |
| **Specialty Retail                        4.7%**                |          |
| Barnes & Noble, Inc. (a)                                    |          | 400   |   | 13,580      |
| Best Buy Co., Inc.                                              |          | 2,900 |   | 141,549     |
| GameStop Corp. "A"*                                             |          | 2,300 |   | 118,979     |
| RadioShack Corp. (a)                                            |          | 7,100 |   | 123,185     |
| TJX Companies, Inc. (a)                                         |          | 5,100 |   | 160,956     |
|                                                                 |
|                                                            | **558,249**   |
| **Consumer Staples 8.1%**                                       |          |
| **Beverages                        2.9%**                       |          |
| Anheuser-Busch Companies, Inc. (a)                              |          | 200   |   | 9,304       |
| PepsiAmericas, Inc.                                             |          | 3,800 |   | 93,632      |
| PepsiCo, Inc. (a)                                               |          | 3,600 |   | 245,484     |
|                                                                 |
|                                                            | **348,420**   |
| **Food & Staples Retailing                        2.7%**    |          |
| Kroger Co. (a)                                                  |          | 3,100 |   | 78,895      |
| Safeway, Inc.                                                   |          | 3,500 |   | 108,465     |
| Sysco Corp. (a)                                                 |          | 4,400 |   | 127,820     |
|                                                                 |
|                                                            | **315,180**   |
| **Household Products                        1.4%**              |          |
| Colgate-Palmolive Co. (a)                                       |          | 2,200 |   | **169,400** |
| **Tobacco                        1.1%**                         |          |
| Altria Group, Inc. (a)                                          |          | 1,700 |   | **128,894** |
| **Energy 13.1%**                                                |          |
| **Energy Equipment & Services                        3.5%** |          |
| FMC Technologies, Inc.*                                         |          | 2,300 |   | 110,768     |
| Global Industries Ltd.* (a)                                     |          | 6,200 |   | 109,492     |
| Schlumberger Ltd. (a)                                           |          | 500   |   | 37,730      |
| Transocean, Inc.*                                               |          | 1,300 |   | 159,380     |
|                                                                 |
|                                                            | **417,370**   |
| **Oil, Gas & Consumable Fuels                        9.6%** |          |
| Apache Corp.                                                    |          | 1,200 |   | 114,528     |
| Chesapeake Energy Corp. (a)                                     |          | 3,400 |   | 126,582     |
| ConocoPhillips                                                  |          | 1,500 |   | 120,480     |
| ExxonMobil Corp. (a)                                            |          | 1,100 |   | 95,040      |
| Frontier Oil Corp. (a)                                          |          | 2,700 |   | 95,229      |
| Frontline Ltd.                                                  |          | 2,800 |   | 119,196     |
| Marathon Oil Corp.                                              |          | 2,200 |   | 103,070     |
| Noble Energy (a)                                                |          | 1,600 |   | 116,128     |
| St. Mary Land & Exploration Co.                             |          | 3,300 |   | 116,259     |
| W&T Offshore, Inc. (a)                                      |          | 4,400 |   | 124,476     |
| Williams Companies, Inc. (a)                                    |          | 100   |   | 3,197       |
|                                                                 |
|                                                            | **1,134,185** |
|                                                                 |               |       |        |             |  |

| **Financials 7.6%**                                                  |        |
|----------------------------------------------------------------------|-------------|
| **Capital Markets                        5.5%**                      |        |
| Bank of New York Mellon Corp.                                        |        | 3,000 |   | 139,890 |
| Charles Schwab Corp.                                                 |        | 5,000 |   | 111,500 |
| Franklin Resources, Inc. (a)                                         |        | 600 |   | 62,538 |
| Northern Trust Corp. (a)                                             |        | 1,400 |   | 102,704 |
| State Street Corp.                                                   |        | 500 |   | 41,060 |
| TD Ameritrade Holding Corp.*                                         |        | 6,700 |   | 125,692 |
| The Goldman Sachs Group, Inc. (a)                                    |        | 300 |   | 60,231 |
|                                                                      |
|                                                                 | **643,615** |
| **Diversified Financial Services                        1.1%**       |        |
| Nasdaq Stock Market, Inc.* (a)                                       |        | 2,800 |   | **129,556** |
| **Real Estate Investment Trusts                        0.7%**        |        |
| ProLogis (REIT) (a)                                                  |        | 400 |   | 23,740 |
| Public Storage (REIT) (a)                                            |        | 300 |   | 23,475 |
| Simon Property Group, Inc. (REIT) (a)                                |        | 400 |   | 35,752 |
|                                                                      |
|                                                                 | **82,967**  |
| **Thrifts & Mortgage Finance                        0.3%**       |        |
| IndyMac Bancorp, Inc. (a)                                            |        | 4,800 |   | **39,216** |
| **Health Care 17.2%**                                                |        |
| **Biotechnology                        1.5%**                        |        |
| Gilead Sciences, Inc.* (a)                                           |        | 3,900 |   | **178,191** |
| **Health Care Equipment &                        Supplies 1.5%** |        |
| Baxter International, Inc. (a)                                       |        | 3,000 |   | **182,220** |
| **Health Care Providers &                        Services 7.6%** |        |
| Aetna, Inc. (a)                                                      |        | 2,700 |   | 143,802 |
| Express Scripts, Inc.*                                               |        | 2,100 |   | 141,729 |
| Health Net, Inc.* (a)                                                |        | 2,600 |   | 120,874 |
| Humana, Inc.* (a)                                                    |        | 2,200 |   | 176,660 |
| McKesson Corp. (a)                                                   |        | 2,100 |   | 131,859 |
| Medco Health Solutions, Inc.* (a)                                    |        | 3,600 |   | 180,288 |
|                                                                      |
|                                                                 | **895,212** |
| **Pharmaceuticals                        6.6%**                      |        |
| Abbott Laboratories (a)                                              |        | 100 |   | 5,630 |
| Bristol-Myers Squibb Co. (a)                                         |        | 7,800 |   | 180,882 |
| Eli Lilly & Co. (a)                                              |        | 400 |   | 20,608 |
| Johnson & Johnson                                                |        | 2,300 |   | 145,498 |
| Merck & Co., Inc. (a)                                            |        | 3,000 |   | 138,840 |
| Schering-Plough Corp.                                                |        | 8,000 |   | 156,560 |
| Sepracor, Inc.* (a)                                                  |        | 4,700 |   | 132,728 |
|                                                                      |
|                                                                 | **780,746** |
| **Industrials 17.2%**                                                |        |
| **Aerospace & Defense                        3.3%**              |        |
| Boeing Co. (a)                                                       |        | 2,600 |   | 216,268 |
| Honeywell International, Inc. (a)                                    |        | 3,000 |   | 177,210 |
|                                                                      |
|                                                                 | **393,478** |
| **Airlines                        0.9%**                             |        |
| US Airways Group, Inc.*                                              |        | 7,400 |   | **102,194** |
| **Commercial Services &                        Supplies 3.2%**   |        |
| Allied Waste Industries, Inc.* (a)                                   |        | 11,700 |   | 115,245 |
| Steelcase, Inc. "A"                                                  |        | 8,200 |   | 125,706 |
|                                                                      |             |  |  |  |  |

| The Brink's Co. (a)                                                          |          | 2,200 |   | 133,386     |
|------------------------------------------------------------------------------|---------------|-------|--------|-------------|
|                                                                              |
|                                                                         | **374,337**   |
| **Construction & Engineering                        2.0%**               |          |
| Fluor Corp. (a)                                                              |          | 1,000 |   | 121,670     |
| Shaw Group, Inc.*                                                            |          | 2,100 |   | 118,650     |
|                                                                              |
|                                                                         | **240,320**   |
| **Electrical Equipment                        0.5%**                         |          |
| Emerson Electric Co.                                                         |          | 1,200 |   | **61,008**  |
| **Industrial Conglomerates                        1.1%**                     |          |
| McDermott International, Inc.*                                               |          | 2,700 |   | **127,386** |
| **Machinery                        3.8%**                                    |          |
| AGCO Corp.*                                                                  |          | 2,100 |   | 126,462     |
| Caterpillar, Inc. (a)                                                        |          | 2,700 |   | 192,078     |
| Harsco Corp. (a)                                                             |          | 2,200 |   | 125,224     |
|                                                                              |
|                                                                         | **443,764**   |
| **Marine                        1.0%**                                       |          |
| Kirby Corp.*                                                                 |          | 2,700 |   | **124,146** |
| **Road & Rail                        1.4%**                              |          |
| Burlington Northern Santa Fe Corp. (a)                                       |          | 1,900 |   | **164,388** |
| **Information Technology 28.1%**                                             |          |
| **Communications Equipment                        2.2%**                     |          |
| Cisco Systems, Inc.* (a)                                                     |          | 5,100 |   | 124,950     |
| Juniper Networks, Inc.*                                                      |          | 4,800 |   | 130,320     |
|                                                                              |
|                                                                         | **255,270**   |
| **Computers & Peripherals                        9.9%**                  |          |
| Apple, Inc.* (a)                                                             |          | 2,200 |   | 297,792     |
| EMC Corp.*                                                                   |          | 7,200 |   | 114,264     |
| Hewlett-Packard Co. (a)                                                      |          | 1,700 |   | 74,375      |
| International Business Machines Corp. (a)                                    |          | 1,900 |   | 203,946     |
| Lexmark International, Inc. "A"* (a)                                         |          | 3,400 |   | 123,114     |
| Network Appliance, Inc.*                                                     |          | 5,500 |   | 127,710     |
| QLogic Corp.* (a)                                                            |          | 8,400 |   | 120,120     |
| Seagate Technology (a)                                                       |          | 5,600 |   | 113,512     |
|                                                                              |
|                                                                         | **1,174,833** |
| **Electronic Equipment &                        Instruments 1.9%**       |          |
| Dolby Laboratories, Inc. "A"*                                                |          | 2,700 |   | 116,343     |
| Tech Data Corp.* (a)                                                         |          | 3,300 |   | 113,454     |
|                                                                              |
|                                                                         | **229,797**   |
| **Internet Software & Services                        2.9%**             |          |
| eBay, Inc.* (a)                                                              |          | 2,400 |   | 64,536      |
| Google, Inc. "A"* (a)                                                        |          | 400   |   | 225,720     |
| Yahoo!, Inc.* (a)                                                            |          | 2,800 |   | 53,704      |
|                                                                              |
|                                                                         | **343,960**   |
| **IT Services                        2.2%**                                  |          |
| Computer Sciences Corp.*                                                     |          | 2,800 |   | 118,496     |
| MasterCard, Inc. "A"                                                         |          | 700   |   | 144,900     |
|                                                                              |
|                                                                         | **263,396**   |
| **Semiconductors &                        Semiconductor Equipment 3.6%** |          |
| Intel Corp. (a)                                                              |          | 4,300 |   | 91,160      |
| MEMC Electronic Materials, Inc.* (a)                                         |          | 1,900 |   | 135,774     |
| National Semiconductor Corp.                                                 |          | 600   |   | 11,058      |
| Texas Instruments, Inc.                                                      |          | 5,900 |   | 182,487     |
|                                                                              |
|                                                                         | **420,479**   |
|                                                                              |               |       |        |             |  |

| **Software                        5.4%**                                        |                                        |
|---------------------------------------------------------------------------------|---------------------------------------------|
| Compuware Corp.* (a)                                                            |                                        | 13,100 |   | 111,350 |
| Microsoft Corp. (a)                                                             |                                        | 16,100 |   | 524,860 |
|                                                                                 |
|                                                                            | **636,210**                                 |
| **Materials 7.5%**                                                              |                                        |
| **Chemicals                        1.0%**                                       |                                        |
| Eastman Chemical Co. (a)                                                        |                                        | 1,800 |   | **118,926** |
| **Containers & Packaging                        1.2%**                      |                                        |
| Owens-Illinois, Inc.*                                                           |                                        | 2,800 |   | **141,120** |
| **Metals & Mining                        5.3%**                             |                                        |
| AK Steel Holding Corp.*                                                         |                                        | 2,800 |   | 133,784 |
| Allegheny Technologies, Inc.                                                    |                                        | 1,800 |   | 126,720 |
| Freeport-McMoRan Copper & Gold, Inc. (a)                                    |                                        | 1,900 |   | 169,157 |
| Southern Copper Corp. (a)                                                       |                                        | 1,000 |   | 93,840 |
| United States Steel Corp.                                                       |                                        | 1,000 |   | 102,110 |
|                                                                                 |
|                                                                            | **625,611**                                 |
| **Telecommunication Services 2.9%**                                             |                                        |
| **Diversified Telecommunication                        Services 1.9%**          |                                        |
| Embarq Corp. (a)                                                                |                                        | 2,500 |   | 113,250 |
| Verizon Communications, Inc.                                                    |                                        | 2,900 |   | 112,636 |
|                                                                                 |
|                                                                            | **225,886**                                 |
| **Wireless Telecommunication                        Services 1.0%**             |                                        |
| Telephone & Data Systems, Inc. (a)                                          |                                        | 2,100 |   | **110,754** |
| **Utilities 0.4%**                                                              |                                        |
| **Independent Power Producers                        & Energy Traders**     |
| Constellation Energy Group (a)                                                  |                                        | 500 |   | **46,980** |
|                                                                                 |
| **Total Common Stocks**(Cost                        $13,664,413)                |                                        | **13,494,244** |
|                                                                            | **Principal****Amount ($)**                 |   | **Value                        ($)** |
|                                                                                 |
|                                                                            | **Government & Agency Obligation 0.6%** |   |
| **US Treasury Obligation**                                                      |                                        |
| US Treasury Bill, 3.03% **, 4/17/2008 (b) (Cost                        $64,584) |                                        | 65,000 |   | **64,745** |
|                                                                            | **Shares**                                  |   | **Value                        ($)** |
|                                                                                 |
|                                                                            | **Cash Equivalents 4.8%**                   |   |
| Cash Management QP Trust, 4.52% (c)(Cost $570,778)                              |                                        |   | 570,778 |   | **570,778** |
|                                                                                 |                                             |  |  |  |  |  |  |  |  |

|                                                                         | **%                        of****Net Assets** |   | **Value                        ($)** |
|------------------------------------------------------------------------------|-----------------------------------------------|--------|--------------------------------------|
|                                                                              |
| **Total Long Positions**(Cost                        $14,299,775)            | 119.6                                         |   | **14,129,767**                       |
| **Other Assets and Liabilities, Net**                                        | 18.5                                          |   | **2,179,822**                        |
| **Notes Payable**                                                            | (18.9)                                        |   | **(2,230,000)**                      |
| **Securities Sold Short**                                                    | (19.2)                                        |   | **(2,264,077)**                      |
|                                                                              |
| **Net Assets**                                                               | 100.0                                         |   | **11,815,512**                       |
|                                                                         | **Shares**                                    |   | **Value                        ($)** |
|                                                                              |
|                                                                         | **Common Stocks Sold Short 19.2%**            |   |
| **Consumer Discretionary 0.9%**                                              |                                          |
| **Household                        Durables**                                |
| Centex Corp.                                                                 |                                          | 3,900  |                                 | **108,342** |
| **Consumer Staples 0.8%**                                                    |                                          |
| **Beverages**                                                                |
| Hansen Natural Corp.*                                                        |                                          | 2,500  |                                 | **96,400** |
| **Energy 1.6%**                                                              |                                          |
| **Energy Equipment & Services                        0.7%**              |                                          |
| Cameron International Corp.*                                                 |                                          | 2,100  |                                 | **84,546** |
| **Oil, Gas & Consumable Fuels                        0.9%**              |                                          |
| Peabody Energy Corp.                                                         |                                          | 1,900  |                                 | **102,638** |
| **Health Care 3.7%**                                                         |                                          |
| **Biotechnology                        0.8%**                                |                                          |
| Amylin Pharmaceuticals, Inc.*                                                |                                          | 3,100  |                                 | **91,915** |
| **Health Care Equipment &                        Supplies 1.9%**         |                                          |
| Advanced Medical Optics, Inc.*                                               |                                          | 5,500  |                                 | 115,665 |
| ResMed, Inc.*                                                                |                                          | 2,400  |                                 | 111,792 |
|                                                                              |
|                                                                         | **227,457**                                   |
| **Pharmaceuticals                        1.0%**                              |                                          |
| APP Pharmaceuticals, Inc.*                                                   |                                          | 10,700 |                                 | **112,457** |
| **Industrials 1.5%**                                                         |                                          |
| **Aerospace & Defense                        0.5%**                      |                                          |
| BE Aerospace, Inc.*                                                          |                                          | 1,500  |                                 | **57,915** |
| **Air Freight & Logistics                        0.2%**                  |                                          |
| C.H. Robinson Worldwide, Inc.                                                |                                          | 400    |                                 | **22,216** |
| **Building Products                        0.8%**                            |                                          |
| Armstrong World Industries, Inc.*                                            |                                          | 2,700  |                                 | **99,117** |
| **Information Technology 3.9%**                                              |                                          |
| **Electronic Equipment &                        Instruments 0.8%**       |                                          |
| Trimble Navigation Ltd.*                                                     |                                          | 3,500  |                                 | **92,575** |
| **Semiconductors &                        Semiconductor Equipment 3.1%** |                                          |
| Advanced Micro Devices, Inc.*                                                |                                          | 14,100 |                                 | 107,724 |
| LSI Corp.*                                                                   |                                          | 8,300  |                                 | 43,326 |
| Micron Technology, Inc.*                                                     |                                          | 15,400 |                                 | 108,262 |
| Rambus, Inc.*                                                                |                                          | 5,800  |                                 | 112,868 |
|                                                                              |
|                                                                         | **372,180**                                   |
| **Materials 4.2%**                                                           |                                          |
| **Chemicals                        1.1%**                                    |                                          |
| Westlake Chemical Corp.                                                      |                                          | 6,500  |                                 | **130,650** |
|                                                                              |                                               |        |                                      |  |  |  |  |  |

| **Construction Materials                        1.9%**                      |        |
|-----------------------------------------------------------------------------|-------------|
| Eagle Materials, Inc.                                                       |        | 3,100 |   | 116,870 |
| Vulcan Materials Co.                                                        |        | 1,400 |   | 109,844 |
|                                                                             |
|                                                                        | **226,714** |
| **Metals & Mining                        0.2%**                         |        |
| Cleveland-Cliffs, Inc.                                                      |        | 200 |   | **20,368** |
| **Paper & Forest Products                        1.0%**                 |        |
| Louisiana-Pacific Corp.                                                     |        | 7,700 |   | **117,579** |
| **Telecommunication Services 1.6%**                                         |        |
| **Wireless Telecommunication                        Services**              |
| Leap Wireless International, Inc.*                                          |        | 3,000 |   | 124,050 |
| NII Holdings, Inc.*                                                         |        | 1,400 |   | 59,724 |
|                                                                             |
|                                                                        |        |   |   | **183,774** |
| **Utilities 1.0%**                                                          |        |
| **Independent Power Producers                        & Energy Traders** |
| Dynegy, Inc. "A"*                                                           |        | 16,700 |   | **117,234** |
|                                                                             |
| **Total Common Stocks Sold Short**(Proceeds $2,460,135)                     |        | **2,264,077** |
|                                                                             |             |  |  |  |  |  |

|                                                                                               | *For information on the Fund's policies regarding the                        valuation of investments and other significant accounting policies, please                        refer to the Fund's most recent semi-annual or annual financial                        statements.* |
|----------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| ***                                                                                                | *Non-income producing security.*                                                                                                                                                                                                                                                   |
| ****                                                                                               | *Annualized yield at time of purchase; not a coupon                        rate.*                                                                                                                                                                                                  |
| *(a)*                                                                                              | *Securities are pledged, in whole or in part, as                        collateral for short sales.*                                                                                                                                                                               |
| *(b)*                                                                                              | *At January 31, 2008, this security has been pledged,                        in whole or in part, to cover initial margin requirements for open futures                        contracts.*                                                                                         |
| *(c)*                                                                                              | *Affiliated fund managed by Deutsche Investment                        Management Americas Inc. The rate shown is the annualized seven-day yield                        at period end.*                                                                                            |
| *REIT: Real Estate Investment Trust*                                                               |
| *As of January 31, 2008, open futures contracts                        purchased were as follows:* |
| **Futures**                                                                                        |                                                                                                                                                                                                                                                                               | **Expiration****Date** |   | **Contracts** |   | **Aggregated****Face****Value ($)** |   | **Value                        ($)** |   | **Unrealized****Depreciation ($)** |
|                                                                                                    |
| S&P Mini 500 Index                                                                             |                                                                                                                                                                                                                                                                               | 3/20/2008 |   | 5 |   | 374,638 |   | 344,900 |   | **(29,738)** |   |
|                                                                                                    |                                                                                                                                                                                                                                                                                    |  |  |  |  |  |  |  |  |  |  |  |

 

| **ITEM 2.** | **CONTROLS AND PROCEDURES**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|-------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|        |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|        | (a)                                 The Chief Executive                        and Financial Officers concluded that the Registrant’s Disclosure                        Controls and Procedures are effective based on the evaluation of the                        Disclosure Controls and Procedures as of a date within 90 days of the                        filing date of this report.                                                                                                                                                                       |
|        |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
|        | (b)                                 There have been no                        changes in the registrant’s internal control over financial reporting                        that occurred during the registrant’s last half-year (the                        registrant’s second fiscal half-year in the case of the annual                        report) that has materially affected, or is reasonably likely to materially                        affect, the registrant’s internal controls over financial                        reporting. |
|        |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |

| **ITEM 3.** | **EXHIBITS**                                                                                                                                                                                          |
|-------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|        |                                                                                                                                                                                                  |
|        | Certification pursuant to Rule 30a-2(a) under the Investment                        Company Act of 1940 (17 CFR 270.30a-2(a)) is filed and attached hereto as                        Exhibit 99.CERT. |

 

**SIGNATURES**

 

Pursuant to        the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of        1940, the registrant has duly caused this report to be signed on its behalf by the        undersigned, thereunto duly authorized.

 

| Registrant: | DWS Disciplined Long/Short Growth Fund, a series of DWS                        Equity Trust |
|-------------|---------------------------------------------------------------------------------------------|

 

| By: | /s/Michael G. Clark |
|-----|---------------------|

|   | Michael G. Clark |
|--------|------------------|

President

 

| Date: | March 17, 2008 |
|-------|----------------|

 

 

Pursuant to        the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of        1940, this report has been signed below by the following persons on behalf of the        registrant and in the capacities and on the dates indicated.

 

| Registrant: | DWS Disciplined Long/Short Growth Fund, a series of DWS                        Equity Trust |
|-------------|---------------------------------------------------------------------------------------------|

 

| By: | /s/Michael G. Clark |
|-----|---------------------|

|   | Michael G. Clark |
|--------|------------------|

President

 

| Date: | March 17, 2008 |
|-------|----------------|

 

 

| By: | /s/Paul Schubert |
|-----|------------------|

|   | Paul Schubert |
|--------|---------------|

Chief Financial Officer and Treasurer

 

| Date: | March 17, 2008 |
|-------|----------------|