- ISIN
- US2330516301
- CUSIP
- 233051630
- Issuer
- Deutsche Bank
- Inception Date
- Aug 12, 2015
- Region
- Developed Markets (EAFE)
- Category
- Foreign Large Cap Equities, Dividend
- Leveraged
- 1x (No leverage)
- Index Tracked
- MSCI EAFE High Dividend Yield US Dollar Hedged Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
- Assets Under Management
- $2B
Share Price Chart
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Performance
HDEF Performance Chart
Xtrackers MSCI EAFE High Dividend Yield Equity ETF (HDEF) is up 4.7% since the beginning of the year. HDEF is currently trading at $32 per share. Investors who bought $1,000 worth of HDEF shares 5 years ago would now be looking at an investment worth $1,639.
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Returns By Period
Xtrackers MSCI EAFE High Dividend Yield Equity ETF (HDEF) has returned 4.67% so far this year and 16.79% over the past 12 months. Over the last ten years, HDEF has returned 8.91% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Xtrackers MSCI EAFE High Dividend Yield Equity ETF
- 1D
- 0.10%
- 1M
- -2.50%
- YTD
- 4.67%
- 6M
- 5.08%
- 1Y
- 16.79%
- 3Y*
- 16.60%
- 5Y*
- 10.39%
- 10Y*
- 8.91%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
HDEF Monthly Returns History
Based on dividend-adjusted daily data since Aug 18, 2015, HDEF's average daily return is +0.03%, while the average monthly return is +0.69%. At this rate, an investment would double in approximately 8.4 years.
Historically, 57% of months were positive and 43% were negative. The best month was Nov 2020 with a return of +15.0%, while the worst month was Mar 2020 at -15.1%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 3 months.
On a daily basis, HDEF closed higher 46% of trading days. The best single day was Mar 24, 2020 with a return of +9.4%, while the worst single day was Mar 12, 2020 at -10.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.48% | 6.55% | -4.72% | 2.19% | -1.33% | -1.19% | 4.67% | ||||||
| 2025 | 4.57% | 3.27% | 4.14% | 3.39% | 2.57% | 2.51% | -1.52% | 5.21% | -0.89% | -0.17% | 3.92% | 2.14% | 33.01% |
| 2024 | -2.51% | 0.04% | 3.33% | -0.93% | 5.07% | -2.91% | 4.76% | 3.99% | 2.03% | -5.24% | -1.02% | -3.13% | 2.85% |
| 2023 | 7.02% | -3.60% | 3.84% | 2.83% | -5.85% | 5.11% | 4.04% | -3.88% | -0.93% | -2.61% | 6.86% | 5.45% | 18.53% |
| 2022 | 2.41% | -1.53% | 2.25% | -4.60% | 1.69% | -8.40% | 1.77% | -5.28% | -8.41% | 5.89% | 13.77% | 0.02% | -2.51% |
| 2021 | -0.65% | 1.22% | 3.43% | 1.76% | 3.63% | -1.79% | 0.91% | -0.94% | -5.17% | 2.46% | -3.52% | 5.95% | 6.95% |
Benchmark Metrics
Xtrackers MSCI EAFE High Dividend Yield Equity ETF has an annualized alpha of 0.59%, beta of 0.60, and R2 of 0.42 versus S&P 500 Index. Calculated based on daily prices since August 18, 2015.
- This ETF participated in 71.15% of S&P 500 Index downside but only 59.46% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.60 may look defensive, but with R2 of 0.42 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.42 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 0.59%
- Beta
- 0.60
- R²
- 0.42
- Upside Capture
- 59.46%
- Downside Capture
- 71.15%
Expense Ratio
HDEF has an expense ratio of 0.20%, which is considered low.
Return for Risk
Risk / Return Rank
HDEF ranks 41 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Xtrackers MSCI EAFE High Dividend Yield Equity ETF (HDEF) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HDEF | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.60 | ||
| Sortino ratioReturn per unit of downside risk | -0.72 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.37 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.10 | 2.78 | -0.68 |
| Martin ratioReturn relative to average drawdown | 6.08 | 12.44 | -6.36 |
Dividends
Dividend History
Xtrackers MSCI EAFE High Dividend Yield Equity ETF provided a 3.97% dividend yield over the last twelve months, with an annual payout of $1.25 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.25 | $1.20 | $1.10 | $1.08 | $1.18 | $1.13 | $0.91 | $1.04 | $0.73 | $0.83 | $2.22 | $0.43 |
Dividend yield | 3.97% | 3.88% | 4.53% | 4.38% | 5.41% | 4.76% | 3.93% | 4.20% | 3.55% | 3.38% | 9.53% | 1.87% |
Monthly Dividends
The table displays the monthly dividend distributions for Xtrackers MSCI EAFE High Dividend Yield 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 | $0.15 | $0.00 | $0.00 | $0.71 | $0.86 | ||||||
| 2025 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.63 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.18 | $1.20 |
| 2024 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.56 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.14 | $1.10 |
| 2023 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.67 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.11 | $1.08 |
| 2022 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.61 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.09 | $1.18 |
| 2021 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.41 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.14 | $1.13 |
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 EAFE High Dividend Yield 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 EAFE High Dividend Yield Equity ETF was 36.43%, occurring on Mar 23, 2020. Recovery took 200 trading sessions.
The current Xtrackers MSCI EAFE High Dividend Yield Equity ETF drawdown is 5.07%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -36.43%Mar 2020 | 2mo 20d | 9mo 19d | 1y 4dJan 2020 - Jan 2021 |
Bear market2022 | -23.63%Sep 2022 | 7mo 19d | 6mo 9d | 1y 1moFeb 2022 - Apr 2023 |
Rate-hike selloffLate 2018 | -17.56%Dec 2018 | 11mo 5d | 10mo 4d | 1y 9moJan 2018 - Oct 2019 |
2016 correction2016 | -15.13%Feb 2016 | 5mo 25d | 6mo 3d | 11mo 28dAug 2015 - Aug 2016 |
2024 correction2024 | -11.15%Dec 2024 | 2mo 23d | 2mo 16d | 5mo 9dSep 2024 - Mar 2025 |
Drawdown Indicators
| HDEF | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.43% | -56.78% | +20.35% |
Max Drawdown (1Y)Largest decline over 1 year | -8.03% | -9.10% | +1.07% |
Max Drawdown (3Y)Largest decline over 3 years | -11.15% | -18.90% | +7.75% |
Max Drawdown (5Y)Largest decline over 5 years | -23.63% | -25.43% | +1.80% |
Max Drawdown (10Y)Largest decline over 10 years | -36.43% | -33.92% | -2.51% |
Current DrawdownCurrent decline from peak | -5.07% | -1.80% | -3.27% |
Average DrawdownAverage peak-to-trough decline | -5.05% | -10.71% | +5.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.77% | 2.03% | +0.74% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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