Xtrackers MSCI EAFE Hedged Equity ETF
$54.97+0.04 (+0.07%)
- 0.35%
- $9.2B
- +21.3%
- 2.28%
- 0.5M sh
- $54.62
- low $46.50high $56.84
The ETF.net DBEF Grade
C
Score 40 out of 100
- 20 of 21
Score 40 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F10 out of 100Rank 19 of 21Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B69 out of 100Rank 1 of 21Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C47 out of 100Rank 11 of 21Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B69 out of 100Rank 7 of 20Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B57 out of 100Rank 12 of 21
Our read on DBEF
COverseas stocks come with a side currency bet. DBEF owns roughly 700 EAFE blue chips and hedges the dollar exposure out, so the companies drive the result rather than the yen or the euro. It has run that playbook since 2011.
The Fund uses a passive indexing strategy to track the MSCI EAFE US Dollar Hedged Index before fees and expenses. The strategy targets developed-market equities outside the United States and mitigates currency movements against the U.S. dollar.
Why people hold it
- Tracks the dollar-hedged version of MSCI EAFE: the same developed-market names as a standard EAFE fund, with currency moves against the dollar hedged out.
- Roughly 700 companies across developed markets outside the US, held by index rule rather than stock-picking.
- Launched in 2011, before the currency-hedging rush, and now a multi-billion-dollar fund with steady day-to-day trading.
Worth knowing
- The hedge costs real money: 0.35% a year, against 0.03% at unhedged core EAFE trackers like VEA and SCHF.
- Hedging cuts both ways. When the dollar weakens, the currency lift that unhedged funds pick up is stripped out here along with the drag.
- Distributions come once or twice a year, not monthly.
DBEF Holdings
- Stocks
- 659
- 16%
- ASML.AS
Sectors
- Financials26.1%
- Industrials18.7%
- Technology12.0%
- Health Care10.1%
- Consumer Discretionary7.2%
- Consumer Staples6.4%
- Materials5.9%
- Communication4.7%
- Energy4.0%
- Utilities3.6%
- Real Estate1.5%
Geography
- Japan25.18%
- United Kingdom13.75%
- Switzerland9.80%
- Germany8.54%
- France8.21%
- Netherlands6.90%
- Australia6.44%
- Spain3.83%
- 17.35%
Developed 99% · Emerging 1%
DBEF Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
DBEF$12,134
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | DBEF |
|---|---|
| Year to date | +14.2% |
| 1 month | −0.1% |
| 3 months | +0.3% |
| 1 year | +21.3% |
| 3 years | +18.9% |
| 5 years | +13.7% |
| 10 years | +12.0% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | DBEF |
|---|---|---|
| 2026 YTD | +14.2% | |
| 2025 | +23.2% | |
| 2024 | +13.4% | |
| 2023 | +20.2% | |
| 2022 | −5.1% | |
| 2021 | +19.6% | |
| 2020 | +2.0% |
DBEF in the news
DBEF Dividends
- 2.28%
- $1.25
- $1.25 per share
- Twice a year
Distribution history
DBEF Risk
- 8.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.57
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −15.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.63
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
DBEF Cost
0.35%
DBEF0.35%
- The middle half of Developed International Core funds
- Median 0.09%
18 of the 21 Developed International Core funds charge less.
Other funds in Developed International Core
- CPXFInvesco RAFI Developed Markets ex-U.S. ETFExpense ratio 0.43%1 year return +30.1%
- CGSIDGoldman Sachs MarketBeta International Equity ETFExpense ratio 0.25%1 year return +16.1%
- CTOKiShares MSCI Kokusai ETFExpense ratio 0.25%1 year return +18.3%
- CHFXINYLI FTSE International Equity Currency Neutral ETFExpense ratio 0.19%1 year return +23.6%
- CHEFAiShares Currency Hedged MSCI EAFE ETFExpense ratio 0.70%1 year return +22.4%