Xtrackers MSCI Eurozone Hedged Equity ETF
$60.98−0.11 (−0.19%)
- 0.45%
- $73M
- +16.7%
- 1.29%
- 0M sh
- $61.08
- low $52.71high $64.77
The ETF.net DBEZ Grade
C
Score 43 out of 100
- 3 of 5
Score 43 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.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.D39 out of 100Rank 5 of 5Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D28 out of 100Rank 5 of 5Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C50 out of 100Rank 4 of 5Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D31 out of 100Rank 5 of 5
Our read on DBEZ
CA euro-hedged Eurozone fund that doesn't stop at blue chips: its MSCI EMU IMI index reaches down through mid and small caps, roughly 600 stocks, while currency forwards strip out most euro-versus-dollar movement.
The Fund seeks investment results that generally correspond to the performance of its underlying Eurozone equity index before fees and expenses.
Why people hold it
- Goes deeper than the usual large-cap Europe fund: the index captures large, mid and small caps across euro-member markets, around 99% of the region's free-float market value.msci.com
- The hedge is rules-based, not a manager's currency call. The index sells euro exposure with one-month forward contracts and rolls them at each month end.msci.com
- Single-currency by design: euro members only, so no UK, Swiss or non-euro Nordic names dilute the trade.msci.com
- Running since 2014, so the mechanism has operated through stretches of both euro strength and dollar strength.
Worth knowing
- At 0.45% a year it costs more than the typical fund in its international peer group (median 0.35%) and well more than broad international index funds like VXUS at 0.05%.
- Hedging cuts both ways: a rising euro no longer adds to your dollar return, and the forward roll reflects the gap between US and euro short-term rates.msci.cometf.dws.com
- A smaller, lightly traded fund whose distributions land once or twice a year, so spreads and limit orders matter more than with the category giants.
DBEZ Holdings
- Stocks
- 593
- 29%
- ASML.AS
Sectors
- Financials25.1%
- Industrials20.7%
- Technology16.3%
- Consumer Discretionary7.7%
- Utilities6.0%
- Health Care5.7%
- Consumer Staples5.1%
- Materials4.5%
- Energy4.2%
- Communication3.5%
- Real Estate1.1%
Geography
- Germany24.88%
- France23.83%
- Netherlands18.97%
- Spain10.94%
- Italy9.37%
- Finland3.65%
- Belgium2.88%
- Ireland1.52%
- 3.98%
Developed 100% · Emerging 0%
DBEZ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
DBEZ$11,674
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 | DBEZ |
|---|---|
| Year to date | +10.9% |
| 1 month | −2.0% |
| 3 months | −1.6% |
| 1 year | +16.7% |
| 3 years | +18.7% |
| 5 years | +12.0% |
| 10 years | +11.6% |
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 | DBEZ |
|---|---|---|
| 2026 YTD | +10.9% | |
| 2025 | +26.2% | |
| 2024 | +9.5% | |
| 2023 | +21.8% | |
| 2022 | −10.2% | |
| 2021 | +23.5% | |
| 2020 | +0.4% |
DBEZ in the news
DBEZ Dividends
- 1.29%
- $0.79
- $0.04 per share
- Twice a year
Distribution history
DBEZ Risk
- 11.0%
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.
- 1.24
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.
- −23.4%
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.
- 0.73
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
DBEZ Cost
0.45%
DBEZ0.45%
- The middle half of International Stocks (USD-Hedged) funds
- Median 0.46%
1 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%
- BDBEUXtrackers MSCI Europe Hedged Equity ETFExpense ratio 0.46%1 year return +16.8%
- 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%