Xtrackers MSCI Europe Hedged Equity ETF
$53.75−0.52 (−0.96%)
- Expense ratio
- 0.45%
- Fund size
- $776M
- 1Y return
- +20.9%
- Yield · Last 12 months
- 1.40%
- Holdings
- 399
- Volume · 30D
- 0M sh
- NAV per share
- $54.10
- 52W range
The ETF.net DBEU Grade
Score 58 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.CScore 53Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 56Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 73Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 59Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 61Category rank
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
- 399
- 22%
- ASML.AS
Sectors
- Financials25.2%
- Industrials19.1%
- Health Care12.8%
- Technology9.1%
- Cons. Staples8.3%
- Consumer Discr.6.3%
- Materials5.6%
- Energy5.0%
- Utilities4.5%
- Communication3.5%
- Real Estate0.7%
Geography
- United Kingdom21.66%
- Switzerland15.25%
- Germany13.52%
- France13.34%
- Netherlands10.24%
- Spain6.12%
- Sweden5.22%
- Italy5.02%
- 9.64%
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$12,094
Returns run to the Sep 22, 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 | +13.1% |
| 1 month | −1.3% |
| 3 months | +1.4% |
| 1 year | +20.9% |
| 3 years | +16.9% |
| 5 years | +11.8% |
| 10 years | +11.0% |
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 | DBEU |
|---|---|---|
| 2026 YTD | +13.1% | |
| 2025 | +22.2% | |
| 2024 | +9.2% | |
| 2023 | +17.5% | |
| 2022 | −6.3% | |
| 2021 | +24.0% | |
| 2020 | −1.4% |
DBEU in the news
DBEU Dividends
- 1.40%
- $0.76
- $0.76 per share
- Twice a year
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 19, 2025 | Dec 29, 2025 | $0.76 |
| Jun 20, 2025 | Jun 27, 2025 | $1.42 |
| Jun 21, 2024 | Jun 28, 2024 | $0.03 |
| Jun 23, 2023 | Jun 30, 2023 | $1.38 |
| Dec 16, 2022 | Dec 23, 2022 | $0.14 |
| Jun 24, 2022 | Jul 1, 2022 | $0.51 |
| Dec 17, 2021 | Dec 27, 2021 | $0.11 |
| Jun 25, 2021 | Jul 2, 2021 | $0.57 |
| Dec 18, 2020 | Dec 28, 2020 | $0.34 |
| Jun 26, 2020 | Jul 6, 2020 | $0.39 |
| Dec 18, 2019 | Dec 24, 2019 | $0.24 |
| Jun 28, 2019 | Jul 8, 2019 | $0.62 |
DBEU Risk
- 9.7%
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.
- 1.19
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
0.45%
DBEU0.45%
- The middle half of International Stocks (USD-Hedged) funds
- Median 0.45%
1 of the 5 International Stocks (USD-Hedged) funds charge less.