# EDGAR Filing Document

**Accession Number:** 0001503123
**File Stem:** 0000940400-26-002668
**Filing Date:** 2026-1
**Character Count:** 9725
**Document Hash:** e9b7da8ebdf2f8b4c2272b1afaef8a64
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-002668.hdr.sgml**: 20260127

**ACCESSION NUMBER**: 0000940400-26-002668

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251128

**FILED AS OF DATE**: 20260127

**DATE AS OF CHANGE**: 20260127

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DBX ETF TRUST
- **CENTRAL INDEX KEY:** 0001503123

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22487
- **FILM NUMBER:** 26565140

**BUSINESS ADDRESS:**
- **STREET 1:** 875 THIRD AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022-6225
- **BUSINESS PHONE:** 212-454-4500

**MAIL ADDRESS:**
- **STREET 1:** 875 THIRD AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022-6225

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DBX ETF Trust
- **DATE OF NAME CHANGE:** 20101008

## Series and Classes Contracts Data

### Xtrackers Risk Managed USD High Yield Strategy ETF (Series ID: S000074793)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000232992 | Xtrackers Risk Managed USD High Yield Strategy ETF | HYRM            |

## Nport-Ex

DBX

ETF

Trust

\|

#### 1
Schedule

of

Investments

Xtrackers

Risk

Managed

USD

High

Yield

Strategy

ETF

November

30,

2025

(Unaudited)

HiddenRow

#### Number

#### of

#### Shares

#### Value

#### $

#### EXCHANGE-TRADED

#### FUNDS

#### —

#### 99.4%
Xtrackers

High

Beta

High

Yield

Bond

ETF(a)

31,133

1,318,505

Xtrackers

USD

High

Yield

Corporate

Bond

ETF(a)

1,260,911

46,678,925

(Cost

$46,857,261)

#### 47,997,430

#### Number

#### of

#### Shares

#### Value

#### $

#### CASH

#### EQUIVALENTS

#### —

#### 0.6%
DWS

Government

Money

Market

Series

"Institutional

Shares",

3.94%

(b) (Cost

$305,484)

305,484

#### 305,484

#### TOTAL

#### INVESTMENTS

#### —

#### 100.0%
(Cost

$47,162,745)

#### 48,302,914

#### Other

#### assets

#### and

#### liabilities,

#### net

#### —

#### (0.0)%

#### (7,812)

#### NET

#### ASSETS

#### —

#### 100.0%

#### 48,295,102
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.

A

summary

of

the

Fund's

transactions

with

affiliated

investments

during

the

period ended

November

30,

2025

is

as

follows:

#### Value

#### ($)

#### at

#### 8/31/2025

#### Purchases

#### Cost

#### ($)

#### Sales

#### Proceeds

#### ($)

#### Net

#### Realized

#### Gain/(Loss)

#### ($)

#### Net

#### Change

#### in

#### Unrealized

#### Appreciation
(Depreciation)

#### ($)

#### Income

#### ($)

#### Capital

#### Gain

#### Distributions

#### ($)

#### Number

#### of

#### Shares

#### at

#### 11/30/2025

#### Value

#### ($)

#### at

#### 11/30/2025
EXCHANGE-TRADED

FUNDS

#### —
99.4%

Xtrackers

High

Beta

High

Yield

Bond

ETF

1,310,661

16,120

—

—

(8,276)

23,851

—

31,133

1,318,505

Xtrackers

USD

High

Yield

Corporate

Bond

ETF

46,088,384

567,309

—

—

23,232

740,571

—

1,260,911

46,678,925

SECURITIES

LENDING

COLLATERAL

0.0%

DWS

Government

&

Agency

Securities

Portfolio

"DWS

Government

Cash

Institutional

Shares",

3.91%

(b)(c) 74,375

—

(74,375)

(d) —

—

1,688

—

—

—

CASH

EQUIVALENTS

0.6%

DWS

Government

Money

Market

Series

"Institutional

Shares",

3.94%

(b) 310,618

24,446

(29,580)

—

—

3,140

—

305,484

305,484

#### 47,784,038

#### 607,875

#### (103,955)

#### —

#### 14,956

#### 769,250

#### —

#### 1,597,528

#### 48,302,914
(a) Affiliated

fund

advised

by

DBX

Advisors

LLC. (b) Affiliated

fund

managed

by

DWS

Investment

Management

Americas,

Inc.

The

rate

shown

is

the

annualized

seven-day

yield

at

period

end.

(c) Represents

collateral

held

in

connection

with

securities

lending.

Income

earned

by

the

Fund

is

net

of

borrower

rebates.

(d) Represents

the

net

increase

(purchase

cost)

or

decrease

(sales

proceeds)

in

the

amount

invested

in

cash

collateral

for

the

period

ended

November

30,

2025. #### 2
\|

DBX

ETF

Trust

Schedule

of

Investments

Xtrackers

Risk

Managed

USD

High

Yield

Strategy

ETF

(Continued)

November

30,

2025

(Unaudited)

#### Fair

#### Value

#### Measurements
Various

inputs

are

used

in

determining

the

value

of

the

Fund's

investments.

These

inputs

are

summarized

in

three

broad

levels.

Level

includes

quoted

prices

in

active

markets

for

identical

securities.

Level

includes

other

significant

observable

inputs

(including

quoted

prices

for

similar

securities,

interest

rates,

prepayment

speeds

and

credit

risk).

Level

includes

significant

unobservable

inputs

(including

the

Fund's

own

assumptions

in

determining

the

fair

value

of

investments).

The

level

assigned

to

the

securities

valuations

may

not

be

an

indication

of

the

risk

or

liquidity

associated

with

investing

in

those

securities.

The

following

is

a

summary

of

the

inputs

used

as

of

November

30,

2025

in

valuing

the

Fund's

investments.

The

brand

DWS

represents

DWS

Group

GmbH

&

Co.

KGaA

and

any

of

its

subsidiaries

such

as

DWS

Distributors,

Inc.

which

offers

investment

products

or

DWS

Investment

Management

Americas

Inc.

and

RREEF

America

L.L.C.

which

offer

advisory

services.

HYRM-PH1

#### Assets

#### Level

#### 1

#### Level

#### 2

#### Level

#### 3

#### Total
Exchange-Traded

Funds

$

47,997,430

$

—

$

—

$

47,997,430

Short-Term

Investments

(a) 305,484

—

—

305,484

#### TOTAL

#### $

#### 48,302,914

#### $

#### —

#### $

#### —

#### $

#### 48,302,914
(a) See

Schedule

of

Investments

for

additional

detailed

categorizations.

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** DBX ETF Trust

- **b. Investment Company Act file number:** 811-22487

- **c. CIK number of Registrant:** 0001503123

- **d. LEI of Registrant:** DNLQXYGHEZ10Q9SIK386

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 875 Third Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10022-6225

  - **Telephone number:** 212-454-4500

**Item A.2. Information about the Series.**

- **a. Name of Series:** Xtrackers Risk Managed USD High Yield Strategy ETF

- **b. EDGAR series identifier (if any):** S000074793

- **c. LEI of Series:** 549300MCKGE6P9KVR835

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-08-31

- **b. Date as of which information is reported:** 2025-11-28

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $48306927.56

**Total Liabilities:** $11825.17

**Net Assets:** $48295102.39

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000232992 | 0.83%                | -0.01%               | 0.76%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $140870.30                                 |
| Month 2  | $0.00                    | $-241300.73                                |
| Month 3  | $0.00                    | $115387.33                                 |

### Schedule of Portfolio Investments

| Name                                                    | Title                                                   | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| DWS GOVERNMENT MONEY MARKET SERIES INSTITUTIONAL SHARES | DWS GOVERNMENT MONEY MARKET SERIES INSTITUTIONAL SHARES | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    305484 | NS      | $305484.09    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Xtrackers USD High Yield Corporate Bond ETF             | Xtrackers USD High Yield Corporate Bond ETF             | CUSIP: 233051432<br>LEI: 5493000ENPC36KSKPY20 | Long             | EC               | RF                | US        |   1260911 | NS      | $46678925.22  | 96.65%            |  |  |  | No            |                  1 | On Loan: No      |
| Xtrackers High Beta High Yield Bond ETF                 | Xtrackers High Beta High Yield Bond ETF                 | CUSIP: 233051259<br>LEI: 549300WPY0WAXSDREF27 | Long             | EC               | RF                | US        |     31133 | NS      | $1318504.34   | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-27

**Name of Applicant:** DBX ETF Trust

**Signature:** Diane Kenneally

**Name of Signer:** Diane Kenneally

**Title:** Treasurer and Chief Financial Officer