Fund Description: Xtrackers High Beta High Yield Bond ETF is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the DBX ETF Trust, an open-end investment management company. INVESTMENT OBJECTIVE: The Xtrackers High Beta High Yield Bond ETF seeks to provide investment returns that closely correspond to the price and yield performance of the Solactive USD High Yield Corporates Total Market High Beta Index. INDEX DESCRIPTION: The Solactive USD High Yield Corporates Total Market High Beta Index is designed to track the performance of the segment of the U.S. dollar denominated high yield corporate bond market that exhibits higher overall beta to the broader high yield corporate fixed income market. Beta is a measure of a security’s price sensitivity (i.e., volatility); it reflects the rate of change in a security’s price that results from overall market movements. This is accomplished through reviewing the yields of all securities in the eligible universe on a sector basis. Higher yielding bonds tend to exhibit higher beta. If an individual security’s yield is higher than that of its sector’s median yield, it will be eligible for inclusion in the Index. Currently, the bonds included in the Index include U.S. dollar-denominated high yield corporate bonds that: (i) have a composite rating calculated from Moodys, S&P or Fitch's as sub-investment grade; (ii) are from issuers with at least $1 billion outstanding face value; (iii) have at least $400 million of outstanding face value; (iv) have an original maturity date at most 15 years; and (v) have at least one year to maturity. The Index is reconstituted and rebalanced on a monthly basis and the Fund rebalances and reconstitutes its portfolio in corresponding fashion. The Index is market capitalization weighted and the percentage weight of any issuer is capped at 3%. FUND STRATEGY: The Fund, using a passive or indexing investment approach, seeks investment results that correspond generally to the performance of the Index, which is comprised of U.S. dollar-denominated high yield corporate bonds that potentially have higher beta to the overall high yield corporate bond market. The Fund uses a representative sampling indexing strategy in seeking to track the Index, meaning it generally will invest in a sample of securities in the index whose risk, return and other characteristics resemble the risk, return and other characteristics of the Index as a whole. The Fund will invest at least 80% of its total assets (but typically far more) in component securities of the Index. The Fund is classified as non-diversified. FUND MANAGEMENT: DBX Advisors LLC serves as the investment adviser to the Fund.