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Form N-PX · fund registrantSEC filer no. 1503123

DBX ETF TRUST

fund voting report

Vote records reported
208,971year to 30 June 2026
Against management
10.8%21,964 of 203,385 marked votes
Say-on-pay support
86.0%for, of for + against + abstain
Shareholder-proposal support
56.5%for, of for + against + abstain
88.2% for10.9% against0.9% other10.8% against management205,872 votes

foragainstabstain, withhold or otheramber tick: the portion cast against management

DBX ETF TRUST reported 208,971 vote records for the year to 30 June 2026. It marked 10.8% of its votes as cast against management (21,964 of 203,385), 4.6 percentage points above the median fund registrant, which was 6.2%.

Weighted by the number of shares voted, the against-management share is 8.2%. The two figures differ when the votes against management fall on larger or smaller holdings than the rest.

On pay and on shareholder proposals: it voted for 86.0% of the section 14A say-on-pay items it reported (the median fund registrant: 91.6%) and it voted for 56.5% of the proposals put forward by security holders (the median fund registrant: 27.5%).

By category, votes against management were most frequent in EXTRAORDINARY TRANSACTIONS (38.6% of 3,368), SHAREHOLDER RIGHTS AND DEFENSES (28.4% of 479) and OTHER SOCIAL ISSUES (23.8% of 1,941).

It reported 1.00 billion shares out on loan at record dates, 4.94% of the shares it held or had lent across the meetings it reported. Shares on loan are not voted.

Compared with other filers

Each rate is defined once, in the methodology. The median is taken over 1,241 fund registrants with at least 25 vote records in the season.

year to 30 June 2026This filerMedian fund registrantAll filers pooled
Against-management share10.8%6.2%10.6%
Say-on-pay support rate86.0%91.6%86.0%
Shareholder-proposal support rate56.5%27.5%33.9%
Shares on loan, share of shares held4.94%0.00%3.12%
Largest families, year to 30 June 2026Against managementSay-on-pay supportShareholder-proposal support
Vanguard20.1%94.1%42.0%
BlackRock and iShares7.5%88.3%11.9%
Fidelity6.0%94.7%27.6%
Dimensional16.4%78.9%57.4%
State Street and SPDR16.9%77.1%50.4%

Votes by category

Filers choose one or more categories for each vote, so a vote can appear in more than one row. Category names are printed as Form N-PX defines them.

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS88,80582,6554,8426.2%
SECTION 14A SAY-ON-PAY VOTES4,4193,62558813.6%
AUDIT-RELATED12,60412,0085784.0%
INVESTMENT COMPANY MATTERS444224.5%
SHAREHOLDER RIGHTS AND DEFENSES50638110328.4%
EXTRAORDINARY TRANSACTIONS3,3682,0641,30438.6%
CAPITAL STRUCTURE28,01925,7292,2688.3%
COMPENSATION22,80218,8813,84716.7%
CORPORATE GOVERNANCE49,23141,1697,76215.9%
ENVIRONMENT OR CLIMATE1,40968872111.2%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE73857516319.0%
DIVERSITY, EQUITY, AND INCLUSION7984803185.7%
OTHER SOCIAL ISSUES1,9481,29665223.8%
OTHER2,4101,7836075.1%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal supportSplit
year to 30 June 2024235,87310.6%90.4%72.9%
year to 30 June 2025207,4698.8%90.7%59.8%
year to 30 June 2026208,97110.8%86.0%56.5%

Say-on-pay votes against management

Counting one say-on-pay item per company meeting, DBX ETF TRUST voted against management on 120 of the 1,000 it marked either way (12.0%) in the year to 30 June 2026. The 40 companies with the most reporting filers are listed.

Shareholder proposals it supported

Of 1,213 proposals from security holders that could be told apart in the filings and on which it cast a vote, DBX ETF TRUST voted for 625 (51.5%). The 40 at the companies with the most reporting filers are listed. Titles are the most common wording among filers; where a wording could name a person, the SEC category is printed instead.

CompanyMeetingProposal
Microsoft Corporation5 Dec 2025Report on Human Rights Due Diligence
Microsoft Corporation5 Dec 2025Report on Al and Machine Learning Tools for Oil and Gas Development and Production
Microsoft Corporation5 Dec 2025Report on Al Data Usage Oversight
Microsoft Corporation5 Dec 2025Report on Data Operations in Human Rights Hotspots
NVIDIA Corporation24 Jun 2026Approval of a non-binding stockholder proposal requesting the replacement of supermajority voting...
Alphabet Inc.5 Jun 2026Shareholder proposal regarding a report on AI data usage oversight
Alphabet Inc.5 Jun 2026Shareholder proposal regarding a report on AI-generated misinformation
Alphabet Inc.5 Jun 2026Shareholder proposal regarding a report on data privacy
Alphabet Inc.5 Jun 2026Shareholder proposal regarding AI Board oversight
Alphabet Inc.5 Jun 2026Shareholder proposal regarding equal shareholder voting
Visa Inc.27 Jan 2026Shareholder proposal on shareholder right to act by written consent.
Visa Inc.27 Jan 2026Shareholder proposal on report on online sexual exploitation.
JPMorgan Chase & Co.19 May 2026Independent board chairman
Mastercard Incorporated16 Jun 2026Consideration of a stockholder proposal regarding shareholder right to act by written consent
Eli Lilly and Company4 May 2026Shareholder proposal to prepare an annual lobbying report.
Eli Lilly and Company4 May 2026Shareholder proposal to adopt a policy and amend the bylaws to require an independent board chair.
AbbVie Inc.8 May 2026Stockholder Proposal - to Adopt a Policy to Require an Independent Chair
Netflix, Inc.4 Jun 2026Stockholder proposal entitled, "Proposal 4 - Shareholder Right to Act by Written Consent,"
The Home Depot, Inc.21 May 2026Shareholder Proposal Regarding Report on Customer Data Privacy Risks
The Home Depot, Inc.21 May 2026Shareholder Proposal Regarding Report on Sufficiency of Associates' Access to Healthcare
Merck & Co., Inc.26 May 2026Shareholder proposal regarding a report on political contributions.
Bank of America Corporation4 May 2026Shareholder proposal requesting independent board chair
Walmart Inc.4 Jun 2026Report on Workplace Health and Safety Governance
Walmart Inc.4 Jun 2026Human rights or human capital/workforce
Berkshire Hathaway Inc.2 May 2026Shareholder proposal requesting that the Company issue a report disclosing the Board's oversight framework...
PEPSICO, INC.6 May 2026Shareholder Proposal - Report Evaluating the Treatment of Animals within Supply Chain.
The Coca-Cola Company29 Apr 2026Vote on a shareowner proposal requesting a report on risks related to ingredients
The Coca-Cola Company29 Apr 2026Vote on a shareowner proposal requesting a report on the Company's plans to increase sustainability disclosure
Tesla, Inc.6 Nov 2025A shareholder proposal regarding adopting targets and reporting on metrics to assess the feasibility of...
Tesla, Inc.6 Nov 2025A shareholder proposal to seek shareholder approval before adopting an amendment to the bylaws pursuant to...
Tesla, Inc.6 Nov 2025Declassify the Board of Directors
Tesla, Inc.6 Nov 2025A shareholder proposal requesting a child labor audit.
Tesla, Inc.6 Nov 2025Shareholder proposal: CORPORATE GOVERNANCE
Advanced Micro Devices, Inc.13 May 2026Stockholder proposal requesting changes to the stockholder right to call a special meeting.
McDonald's Corporation20 May 2026Advisory Vote on Shareholders' Right to Act by Written Consent.
NextEra Energy, Inc.21 May 2026Report on Plans to Reduce and Align GHG Emissions with Paris Agreement Goals
QUALCOMM Incorporated17 Mar 2026Stockholder proposal entitled "Shareholder Ability to Call for a Special Meeting."
International Business Machines Corporation28 Apr 2026Stockholder Proposal Requesting a Right to Act by Written Consent
CATERPILLAR INC.10 Jun 2026Shareholder Proposal - Shareholder Right to Act by Written Consent
AT&T INC.14 May 2026Shareholder Right to Act by Written Consent

Shares on loan

DBX ETF TRUST reported 1.00 billion shares on loan at record dates against 19.30 billion shares voted: 4.94% of the two together. Median fund registrant: 0.00%. Shares lent out at the record date cannot be voted by the lender, which is why Form N-PX asks for the figure. More on lending and votes.

Fund series in this filing

38 series reported votes. A vote record can list several series. Series with 500 or more vote records have their own page.

SeriesVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
Xtrackers MSCI All World ex-US Hedged Equity ETF29,29112.1%100.0%41.5%
Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF23,25618.2%not reported59.3%
Xtrackers MSCI Emerging Markets Hedged Equity ETF18,99317.0%not reported65.0%
Xtrackers FTSE Developed ex US Multifactor ETF18,2416.8%100.0%26.8%
Xtrackers MSCI Kokusai Equity ETF17,3817.3%85.4%41.8%
Xtrackers MSCI EAFE Hedged Equity ETF11,6897.0%not reported32.9%
Xtrackers Russell US Multifactor ETF10,1036.4%89.4%52.4%
Xtrackers MSCI Eurozone Hedged Equity ETF9,60812.7%not reported75.6%
Xtrackers MSCI Europe Hedged Equity ETF8,4477.4%not reported43.3%
Xtrackers S&P 500 Diversified Sector Weight ETF6,3796.9%84.5%49.6%
Xtrackers MSCI EAFE Selection Equity ETF6,1135.7%not reported30.9%
Xtrackers International Real Estate ETF4,6139.3%not reported66.7%
Xtrackers Russell 1000 US Quality at a Reasonable Price ETF4,3266.2%88.8%49.2%
Xtrackers S&P 500 Scored & Screened ETF4,2735.5%88.3%47.5%
Xtrackers Net Zero Pathway Paris Aligned US Equity ETF4,1389.4%80.3%50.6%
Xtrackers MSCI USA Climate Action Equity ETF3,6057.9%80.2%48.3%
Xtrackers MSCI USA Selection Equity ETF3,5415.8%88.0%48.8%
Xtrackers Harvest CSI 300 China A-Shares ETF2,92230.7%not reported84.0%
Xtrackers US National Critical Technologies ETF2,8198.3%72.5%45.9%
Xtrackers S&P MidCap 400 Scored & Screened ETF2,7984.0%96.5%66.7%
Xtrackers MSCI Japan Hedged Equity ETF2,2844.0%not reported15.9%
Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF1,98338.9%not reported100.0%
Xtrackers MSCI EAFE High Dividend Yield Equity ETF1,9595.4%not reported33.3%
Xtrackers S&P 100 Ex Top 20 ETF1,5697.5%84.0%40.8%
Xtrackers S&P Dividend Aristocrats Screened ETF1,3124.0%99.0%47.9%
Xtrackers Nifty 500 India ETF1,13414.3%not reportednot reported
Xtrackers Artificial Intelligence and Big Data ETF1,01213.7%69.1%40.0%
Xtrackers RREEF Global Natural Resources ETF9435.4%100.0%46.4%
Xtrackers S&P 500 Growth Scored & Screened ETF9178.3%79.1%55.7%
Xtrackers MSCI Emerging Markets Select ETF7229.2%not reportednot reported
Xtrackers Europe Market Leaders ETF6756.1%not reportednot reported
Xtrackers Semiconductor Select Equity ETF62611.7%80.0%65.0%
Xtrackers Europe Defense Technologies ETF44510.3%not reported88.9%
Xtrackers Cybersecurity Select Equity ETF43311.6%66.7%66.7%
Xtrackers US Green Infrastructure Select Equity ETF41513.1%79.5%50.0%
Xtrackers USD High Yield Corporate Bond ETF2not reportednot reportednot reported
Xtrackers Short Duration High Yield Bond ETF2not reportednot reportednot reported
Xtrackers High Beta High Yield Bond ETF2not reportednot reportednot reported

The filings

These figures are read from the filer's own Form N-PX. If a vote on this page looks wrong, the filing is the record: a dispute about a filed vote is a matter for the filer, and an error in how this site read the filing is a matter for corrections.

Questions

How did DBX ETF TRUST vote on executive pay?

In the year to 30 June 2026 DBX ETF TRUST reported 4,213 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 3,625 were for (86.0%), 588 against and 0 abstentions. Counting one item per company meeting, it voted against management on 120 of the 1,000 say-on-pay items it marked either way.

How often does DBX ETF TRUST vote against management?

10.8% of the time in the year to 30 June 2026: 21,964 of the 203,385 votes it marked as for or against management. Form N-PX asks each filer to state, vote by vote, whether the vote was for or against management's recommendation; this figure counts those marks.

Did DBX ETF TRUST support shareholder proposals on climate?

In the category ENVIRONMENT OR CLIMATE it reported 876 votes on proposals from security holders in the year to 30 June 2026 and voted for 156 of them (17.8%). Across every category it voted for 56.5% of security-holder proposals. Filers choose the category for each vote, so the same proposal can sit in different categories in different filings.

Is this the result of the meetings?

No. Form N-PX shows how this filer voted the shares it held. It does not show how other shareholders voted or whether a proposal was approved. Companies report certified results separately, on Form 8-K.

Where does the data come from?

From the Form N-PX filings of this filer on the SEC's EDGAR system, read as filed. The SEC does not verify the contents. Amended filings (N-PX/A) replace the filings they amend. Data on this page runs through 23 Sep 2026.

Provenance: SEC EDGAR, Form N-PX and N-PX/A filings by DBX ETF TRUST (filer no. 1503123), read as filed and not verified by the SEC. Amended filings replace the filings they amend. Filings read through 23 Sep 2026; page built 26 Sep 2026.