- ISIN
- US2330516970
- CUSIP
- 233051697
- Issuer
- Deutsche Bank
- Inception Date
- Dec 10, 2014
- Region
- Developed Markets (Broad)
- Category
- Europe Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- MSCI EMU IMI 100% Hedged to USD Net Variant
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $73M
Share Price Chart
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Performance
DBEZ Performance Chart
Xtrackers MSCI Eurozone Hedged Equity ETF (DBEZ) is up 9.5% since the beginning of the year. DBEZ is currently trading at $60 per share. Investors who bought $1,000 worth of DBEZ shares 5 years ago would now be looking at an investment worth $1,745.
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Returns By Period
Xtrackers MSCI Eurozone Hedged Equity ETF (DBEZ) has returned 9.52% so far this year and 18.85% over the past 12 months. Over the last ten years, DBEZ has returned 11.73% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.
Xtrackers MSCI Eurozone Hedged Equity ETF
- 1D
- -0.83%
- 1M
- 5.81%
- YTD
- 9.52%
- 6M
- 11.46%
- 1Y
- 18.85%
- 3Y*
- 16.73%
- 5Y*
- 11.78%
- 10Y*
- 11.73%
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
DBEZ Monthly Returns History
Based on dividend-adjusted daily data since Dec 15, 2014, DBEZ's average daily return is +0.05%, while the average monthly return is +0.98%. At this rate, an investment would double in approximately 5.9 years.
Historically, 63% of months were positive and 37% were negative. The best month was Nov 2020 with a return of +17.6%, while the worst month was Mar 2020 at -18.9%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.
On a daily basis, DBEZ closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +9.2%, while the worst single day was Mar 16, 2020 at -13.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.25% | 3.55% | -6.63% | 5.60% | 3.91% | -0.02% | 9.52% | ||||||
| 2025 | 7.16% | 4.49% | -2.37% | -0.06% | 6.23% | -0.79% | 0.63% | 0.82% | 2.99% | 2.22% | 0.47% | 2.09% | 26.14% |
| 2024 | 1.42% | 3.84% | 4.43% | -2.15% | 4.09% | -2.90% | 0.28% | 1.82% | 0.73% | -3.21% | 0.01% | 1.13% | 9.51% |
| 2023 | 10.53% | 1.63% | 0.58% | 2.09% | -2.01% | 3.88% | 1.52% | -2.75% | -3.68% | -2.67% | 8.27% | 3.50% | 21.78% |
| 2022 | -2.36% | -6.80% | 0.25% | -2.52% | 2.45% | -9.18% | 7.65% | -5.53% | -7.15% | 9.54% | 9.89% | -4.45% | -10.13% |
| 2021 | -0.43% | 4.17% | 6.16% | 2.20% | 3.22% | 0.72% | 1.20% | 2.53% | -3.48% | 4.54% | -3.55% | 4.57% | 23.52% |
Benchmark Metrics
Xtrackers MSCI Eurozone Hedged Equity ETF has an annualized alpha of 0.94%, beta of 0.86, and R2 of 0.66 versus S&P 500 Index. Calculated based on daily prices since December 16, 2014.
- This ETF participated in 80.82% of S&P 500 Index downside but only 80.01% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 0.86 and R2 of 0.66, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 0.94%
- Beta
- 0.86
- R²
- 0.66
- Upside Capture
- 80.01%
- Downside Capture
- 80.82%
Expense Ratio
DBEZ has an expense ratio of 0.47%, placing it in the medium range.
Return for Risk
Risk / Return Rank
DBEZ ranks 38 for risk / return — below 38% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Xtrackers MSCI Eurozone Hedged Equity ETF (DBEZ) and compare them to S&P 500 Index.
| DBEZ | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.94 | ||
| Sortino ratioReturn per unit of downside risk | -1.19 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.41 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.72 | 2.93 | -1.21 |
| Martin ratioReturn relative to average drawdown | 6.67 | 13.52 | -6.85 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Xtrackers MSCI Eurozone Hedged Equity ETF provided a 3.84% dividend yield over the last twelve months, with an annual payout of $2.32 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.32 | $2.32 | $0.28 | $0.77 | $0.59 | $0.65 | $0.65 | $0.95 | $0.68 | $0.64 | $0.92 | $1.29 |
Dividend yield | 3.84% | 4.20% | 0.62% | 1.84% | 1.68% | 1.64% | 1.99% | 2.86% | 2.56% | 2.11% | 3.42% | 4.92% |
Monthly Dividends
The table displays the monthly dividend distributions for Xtrackers MSCI Eurozone Hedged Equity ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.57 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.75 | $2.32 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.28 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.77 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.77 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.59 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.59 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.58 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.65 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Xtrackers MSCI Eurozone Hedged Equity ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Xtrackers MSCI Eurozone Hedged Equity ETF was 38.76%, occurring on Mar 16, 2020. Recovery took 207 trading sessions.
The current Xtrackers MSCI Eurozone Hedged Equity ETF drawdown is 0.83%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -38.76%Mar 2020 | 25d | 9mo 28d | 10mo 23dFeb 2020 - Jan 2021 |
2016 bear market2016 | -25.47%Feb 2016 | 10mo 4d | 1y 1mo | 1y 11moApr 2015 - Mar 2017 |
Bear market2022 | -23.38%Sep 2022 | 10mo 17d | 4mo 18d | 1y 3moNov 2021 - Feb 2023 |
Rate-hike selloffLate 2018 | -18.37%Dec 2018 | 7mo 5d | 4mo 7d | 11mo 12dMay 2018 - Apr 2019 |
2025 selloff2025 | -15.59%Apr 2025 | 19d | 1mo 4d | 1mo 23dMar 2025 - May 2025 |
Drawdown Indicators
| DBEZ | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.76% | -56.78% | +18.02% |
Max Drawdown (1Y)Largest decline over 1 year | -11.03% | -9.10% | -1.93% |
Max Drawdown (3Y)Largest decline over 3 years | -15.59% | -18.90% | +3.31% |
Max Drawdown (5Y)Largest decline over 5 years | -23.38% | -25.43% | +2.05% |
Max Drawdown (10Y)Largest decline over 10 years | -38.76% | -33.92% | -4.84% |
Current DrawdownCurrent decline from peak | -0.83% | -0.74% | -0.09% |
Average DrawdownAverage peak-to-trough decline | -5.81% | -10.72% | +4.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.83% | 1.97% | +0.86% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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