Xtrackers International Real Estate ETF (HAUZ) Exchange: NYSE ARCA

The Fund, using a “passive” or indexing investment approach, seeks investment results that correspond generally to the performance, before fees and expenses, of the Underlying Index, which is a free-float capitalization weighted index that provides exposure to publicly traded real estate securities in countries outside the United States, excluding Pakistan and Vietnam. The Fund uses a representative sampling indexing strategy in seeking to track the Underlying 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 Underlying Index as a whole. The Fund will invest at least 80% of its total assets (but typically far more) in component securities (including depositary receipts in respect of such securities) of the Underlying Index. The Underlying Index is composed of real estate securities including equity real estate investment trusts (“REITs”) from companies incorporated outside the United States, excluding Pakistan and Vietnam. The Underlying Index is reconstituted and rebalanced quarterly, and thus the Fund rebalances its portfolio in a corresponding fashion. As of January 28, 2019, the Underlying Index consisted of 499 securities, with an average market capitalization of approximately $3.03 billion and a minimum market capitalization of approximately $18 million, from issuers in the following countries: Australia, Austria, Belgium, Brazil, Canada, Chile, Egypt, Finland, France, Germany, Greece, Hong Kong, India, Ireland, Israel, Italy, Japan, Malaysia, Mexico, New Zealand, Norway, the Netherlands, the Philippines, Poland, Russia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey and the United Kingdom. The Fund will normally invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in international real estate securities of issuers from countries outside the United States. As of January 28, 2019, the Underlying Index was substantially comprised of securities of issuers from Japan (21.2%). The Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to the extent that its Underlying Index is concentrated. As of January 28, 2019, the Underlying Index was wholly comprised of issuers in the real estate sector. Prior to the date of this Prospectus, the Fund sought investment results that corresponded generally to the performance, before the Fund’s fees and expenses, of the MSCI Asia Pacific ex Japan US Dollar Hedged Index (the “Prior Underlying Index”).