Launched on 11/24/2015, the Xtrackers Russell US Multifactor ETF (DEUS) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Blend segment of the US equity market.The fund is sponsored by Deutsche Bank Ag. It has amassed assets over $200.39 million, making it one of the average sized ETFs attempting to match the Large Cap Blend segment of the US equity market.Why Large Cap BlendCompanies that find themselves in the large cap category typically have a market capitalization above $10 billion. Overall, they are usually a stable option, with less risk and more sure-fire cash flows than mid and small cap companies.Typically holding a combination of both growth and value stocks, blend ETFs also demonstrate qualities seen in value and growth investments.CostsSince cheaper funds tend to produce better results than more expensive funds, assuming all other factors remain equal, it is important for investors to pay attention to an ETF's expense ratio.Annual operating expenses for this ETF are 0.17%, making it one of the cheaper products in the space.It has a 12-month trailing dividend yield of 1.16%.Sector Exposure and Top HoldingsEven though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis.Looking at individual holdings, Cash & Cash Equivalents accounts for about 1.22% of total assets, followed by Progressive Corp (PGR) and Mckesson Corp (MCK).The top 10 holdings account for about 7.12% of total assets under management.Performance and RiskDEUS seeks to match the performance of the Russell 1000 Comprehensive Factor Index before fees and expenses. The Russell 1000 Comprehensive Factor Index provides exposure to domestic equities based on five factors Quality, Value, Momentum, Low Volatility and Size.The ETF has added roughly 17.22% so far this year and it's up approximately 35.72% in the last one year (as of 06/07/2021). In the past 52-week period, it has traded between $31.08 and $44.82.The ETF has a beta of 1.07 and standard deviation of 24.55% for the trailing three-year period, making it a medium risk choice in the space. With about 832 holdings, it effectively diversifies company-specific risk.AlternativesXtrackers Russell US Multifactor ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, DEUS is a sufficient option for those seeking exposure to the Style Box - Large Cap Blend area of the market. Investors might also want to consider some other ETF options in the space.The iShares Core S&P 500 ETF (IVV) and the SPDR S&P 500 ETF (SPY) track a similar index. While iShares Core S&P 500 ETF has $281.91 billion in assets, SPDR S&P 500 ETF has $363.61 billion. IVV has an expense ratio of 0.03% and SPY charges 0.09%.Bottom-LineRetail and institutional investors increasingly turn to passively managed ETFs because they offer low costs, transparency, flexibility, and tax efficiency; these kind of funds are also excellent vehicles for long term investors.To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report XT-RUSS US MF (DEUS): ETF Research Reports McKesson Corporation (MCK): Free Stock Analysis Report The Progressive Corporation (PGR): Free Stock Analysis Report SPDR-SP 500 TR (SPY): ETF Research Reports ISHARS-SP500 (IVV): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research