DBEF vs. QQQ
Compare and contrast key facts about Xtrackers MSCI EAFE Hedged Equity ETF (DBEF) and Invesco QQQ (QQQ).
DBEF and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999. Both DBEF and QQQ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DBEF or QQQ.
Key characteristics
| DBEF | QQQ | |
|---|---|---|
| YTD Return | 9.41% | 3.82% |
| 1Y Return | 16.88% | 32.66% |
| 3Y Return (Ann) | 10.97% | 8.61% |
| 5Y Return (Ann) | 10.55% | 18.53% |
| 10Y Return (Ann) | 8.72% | 18.13% |
| Sharpe Ratio | 1.78 | 2.00 |
| Daily Std Dev | 9.77% | 16.23% |
| Max Drawdown | -32.46% | -82.98% |
| Current Drawdown | -1.24% | -4.88% |
Correlation
The correlation between DBEF and QQQ is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
DBEF vs. QQQ - Performance Comparison
In the year-to-date period, DBEF achieves a 9.41% return, which is significantly higher than QQQ's 3.82% return. Over the past 10 years, DBEF has underperformed QQQ with an annualized return of 8.72%, while QQQ has yielded a comparatively higher 18.13% annualized return. 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. QQQ - Expense Ratio Comparison
DBEF has a 0.36% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
DBEF vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI EAFE Hedged Equity ETF (DBEF) and Invesco QQQ (QQQ). 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. QQQ - Dividend Comparison
DBEF's dividend yield for the trailing twelve months is around 4.07%, more than QQQ's 0.62% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBEF Xtrackers MSCI EAFE Hedged Equity ETF | 4.07% | 4.46% | 15.85% | 2.28% | 2.41% | 3.03% | 3.22% | 2.98% | 2.55% | 3.70% | 5.08% | 1.48% |
QQQ Invesco QQQ | 0.62% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% | 1.01% |
Drawdowns
DBEF vs. QQQ - Drawdown Comparison
The maximum DBEF drawdown since its inception was -32.46%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for DBEF and QQQ. For additional features, visit the drawdowns tool.
Volatility
DBEF vs. QQQ - Volatility Comparison
The current volatility for Xtrackers MSCI EAFE Hedged Equity ETF (DBEF) is 2.90%, while Invesco QQQ (QQQ) has a volatility of 5.44%. This indicates that DBEF experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.