DBEF vs. PWJZX
Compare and contrast key facts about Xtrackers MSCI EAFE Hedged Equity ETF (DBEF) and PGIM Jennison International Opportunities Fund (PWJZX).
DBEF is a passively managed fund by DWS that tracks the performance of the MSCI EAFE US Dollar Hedged Index. It was launched on Jun 9, 2011. PWJZX is managed by PGIM Investments. It was launched on Jun 4, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DBEF or PWJZX.
Key characteristics
| DBEF | PWJZX | |
|---|---|---|
| YTD Return | 8.90% | 4.08% |
| 1Y Return | 17.89% | 9.47% |
| 3Y Return (Ann) | 10.78% | -5.21% |
| 5Y Return (Ann) | 10.30% | 9.15% |
| 10Y Return (Ann) | 8.66% | 8.56% |
| Sharpe Ratio | 1.67 | 0.57 |
| Daily Std Dev | 9.78% | 15.77% |
| Max Drawdown | -32.46% | -48.22% |
| Current Drawdown | -1.71% | -27.08% |
Correlation
The correlation between DBEF and PWJZX is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DBEF vs. PWJZX - Performance Comparison
In the year-to-date period, DBEF achieves a 8.90% return, which is significantly higher than PWJZX's 4.08% return. Both investments have delivered pretty close results over the past 10 years, with DBEF having a 8.66% annualized return and PWJZX not far behind at 8.56%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DBEF vs. PWJZX - Expense Ratio Comparison
DBEF has a 0.36% expense ratio, which is lower than PWJZX's 0.90% expense ratio.
Risk-Adjusted Performance
DBEF vs. PWJZX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI EAFE Hedged Equity ETF (DBEF) and PGIM Jennison International Opportunities Fund (PWJZX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
DBEF vs. PWJZX - Dividend Comparison
DBEF's dividend yield for the trailing twelve months is around 4.09%, more than PWJZX's 0.09% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBEF Xtrackers MSCI EAFE Hedged Equity ETF | 4.09% | 4.46% | 15.85% | 2.28% | 2.41% | 3.03% | 3.22% | 2.98% | 2.55% | 3.70% | 5.08% | 1.48% |
PWJZX PGIM Jennison International Opportunities Fund | 0.09% | 0.09% | 0.00% | 0.09% | 0.00% | 0.00% | 0.06% | 0.17% | 0.24% | 0.00% | 0.00% | 3.49% |
Drawdowns
DBEF vs. PWJZX - Drawdown Comparison
The maximum DBEF drawdown since its inception was -32.46%, smaller than the maximum PWJZX drawdown of -48.22%. Use the drawdown chart below to compare losses from any high point for DBEF and PWJZX. For additional features, visit the drawdowns tool.
Volatility
DBEF vs. PWJZX - Volatility Comparison
The current volatility for Xtrackers MSCI EAFE Hedged Equity ETF (DBEF) is 2.82%, while PGIM Jennison International Opportunities Fund (PWJZX) has a volatility of 4.93%. This indicates that DBEF experiences smaller price fluctuations and is considered to be less risky than PWJZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.