Xtrackers MSCI Europe Hedged Equity ETF
$53.35−0.02 (−0.04%)
- 0.46%
- $770M
- +16.8%
- 1.43%
- 0M sh
- $53.12
- low $46.09high $55.64
The ETF.net DBEU Grade
B
Score 57 out of 100
- 2 of 5
Score 57 of 100 falls in the B 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.C53 out of 100Rank 2 of 5Mission
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.B55 out of 100Rank 3 of 5Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B65 out of 100Rank 2 of 5Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B59 out of 100Rank 3 of 5Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B61 out of 100Rank 2 of 5
Our read on DBEU
BEurope with the currency noise turned down. DBEU holds roughly 400 large and mid cap stocks across 15 developed European markets and hedges the whole basket back to dollars, so the stocks do the talking, not the FX tape.
The Fund seeks investment results that correspond to the performance of the MSCI EM US Dollar Hedged Index.
Why people hold it
- Hedges everything, not just the euro. Pounds, francs, kronor and krone are sold forward monthly too, leaving the index 100% hedged to the US dollar.etf.dws.commsci.com
- About 400 holdings spanning 15 developed European countries, large and mid cap. Broad Europe (UK and Switzerland included), not a eurozone slice.msci.com
- A currency overlay usually costs extra. At 0.45%, DBEU sits right at the median for the index funds we grade, and lands in the upper half of that peer group.
- Live since 2013, so the hedge has run through both strong-dollar and weak-dollar stretches rather than a single market mood.
Worth knowing
- The hedge cuts both ways. When European currencies gain on the dollar, the forwards hand that back, and the issuer notes they may not fully offset currency moves.etf.dws.com
- Still costlier than plain unhedged index exposure (VT charges 0.06%). The gap is the price of the currency machinery.
- Trades lightly next to the giants of international equity, so spreads and limit orders deserve more attention here.
DBEU Holdings
- Stocks
- 389
- 23%
- ASML.AS
Sectors
- Financials25.0%
- Industrials19.0%
- Health Care12.7%
- Technology9.8%
- Consumer Staples8.3%
- Consumer Discretionary5.9%
- Materials5.5%
- Energy5.4%
- Utilities4.6%
- Communication3.3%
- Real Estate0.6%
Geography
- United Kingdom21.76%
- Switzerland15.60%
- Germany13.50%
- France12.96%
- Netherlands10.67%
- Spain5.99%
- Sweden5.34%
- Italy4.82%
- 9.35%
Developed 100% · Emerging 0%
DBEU Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
DBEU$11,678
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 | DBEU |
|---|---|
| Year to date | +11.2% |
| 1 month | −0.9% |
| 3 months | −0.5% |
| 1 year | +16.8% |
| 3 years | +16.3% |
| 5 years | +11.7% |
| 10 years | +10.8% |
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 | DBEU |
|---|---|---|
| 2026 YTD | +11.2% | |
| 2025 | +22.2% | |
| 2024 | +9.2% | |
| 2023 | +17.5% | |
| 2022 | −6.3% | |
| 2021 | +24.0% | |
| 2020 | −1.4% |
DBEU in the news
DBEU Dividends
- 1.43%
- $0.76
- $0.76 per share
- Twice a year
Distribution history
DBEU Risk
- 9.8%
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.
- 1.16
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.
- −17.7%
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.
- 0.60
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
DBEU Cost
0.46%
DBEU0.46%
- The middle half of International Stocks (USD-Hedged) funds
- Median 0.46%
2 of the 5 International Stocks (USD-Hedged) funds charge less.
Other funds in International Stocks (USD-Hedged)
- BDBAWXtrackers MSCI All World ex US Hedged Equity ETFExpense ratio 0.40%1 year return +24.4%
- CDBEZXtrackers MSCI Eurozone Hedged Equity ETFExpense ratio 0.45%1 year return +16.7%
- CHAWXiShares Currency Hedged MSCI ACWI ex U.S. ETFExpense ratio 0.70%1 year return +23.9%
- DHEZUiShares Currency Hedged MSCI Eurozone ETFExpense ratio 1.12%1 year return +17.3%