SPXD is a passively managed ETF that reweights the traditional S&P 500 constituents using a revenue-based approach. Unlike the index that weighs stocks purely by market capitalization, the fund employs the Syntax functional information system (FIS) framework to reweight stocks based on revenue breakdowns by business activity. The framework classifies each companys revenue across the GIGS sector hierarchy, primary sector, subsector, industry, sub-industry, and business activity. The index equal weights each primary sector, then successively reweights each level of the sector hierarchy to assign stock weights proportional to the revenue generated within each business activity. Index rebalancing is done quarterly in March, June, September, and December. The fund may also hold derivatives such as futures, options, and swaps for hedging and efficient tracking. Up to one-third of the portfolio may be lending.

Abbott Laboratories

The Procter & Gamble Company

Costco Wholesale Corporation

The Walt Disney Company

Walmart Inc.

Sysco Corporation

Apple Inc.

Regeneron Pharmaceuticals, Inc.

Phillips 66

Microsoft Corporation

Technology

Healthcare

Financial Services

Consumer Defensive

Consumer Cyclicals

Industrials

Communication Services

Energy

Utilities

Real Estate

DBX ETF Trust - Xtrackers S&P 500 Diversified Sector Weight ETF

SPXD Holdings & Sector Breakdown