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DBEF vs. USB
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DBEF vs. USB

Last updated Jun 14, 2026

DBEF (Xtrackers MSCI EAFE Hedged Equity ETF) is Hedge Fund fund tracking the MSCI EAFE US Dollar Hedged Index, while USB (U.S. Bancorp) is a stock. Over the past 10 years, DBEF returned 12.79%/yr vs 7.51%/yr for USB. A 0.54 correlation means they provide meaningful diversification when combined.

Performance

DBEF vs. USB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers MSCI EAFE Hedged Equity ETF (DBEF) and U.S. Bancorp (USB). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

As of year-to-date, both investments have demonstrated similar returns, with DBEF at 11.60% and USB at 11.60%. Over the past 10 years, DBEF has outperformed USB with an annualized return of 12.79%, while USB has yielded a comparatively lower 7.51% annualized return.

DBEF

1D
0.36%
1M
4.03%
YTD
11.60%
6M
13.17%
1Y
26.82%
3Y*
17.82%
5Y*
13.20%
10Y*
12.79%

USB

1D
2.27%
1M
10.96%
YTD
11.60%
6M
12.55%
1Y
42.92%
3Y*
27.50%
5Y*
4.36%
10Y*
7.51%
*Multi-year figures are annualized to reflect compound growth (CAGR)

DBEF vs. USB - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
DBEF
Xtrackers MSCI EAFE Hedged Equity ETF		11.60%23.16%13.40%20.15%-5.13%19.60%2.03%24.94%-9.52%16.74%
USB
U.S. Bancorp		11.60%16.48%15.62%4.79%-19.13%24.32%-17.85%33.62%-12.36%6.61%

Correlation

The correlation between DBEF and USB is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.44

Correlation (3Y)
Calculated over the trailing 3-year period

0.45

Correlation (5Y)
Calculated over the trailing 5-year period

0.53

Correlation (10Y)
Calculated over the trailing 10-year period

0.54

Correlation (All Time)
Calculated using the full available price history since Jun 9, 2011

0.54

The correlation between DBEF and USB has been stable across timeframes, ranging from 0.44 to 0.54 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Xtrackers MSCI EAFE Hedged Equity ETF

U.S. Bancorp

Often compared with DBEF:
DBEF vs. HEFADBEF vs. VXUSDBEF vs. DBEUDBEF vs. IHDGDBEF vs. SCHDDBEF vs. VOODBEF vs. HFXI
Often compared with USB:
USB vs. BACUSB vs. TFCUSB vs. SCHDUSB vs. KEYUSB vs. CFGUSB vs. HBANUSB vs. VOO

Return for Risk

DBEF vs. USB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DBEF
DBEF Risk / Return Rank: 6969
Overall Rank
DBEF Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
DBEF Sortino Ratio Rank: 7272
Sortino Ratio Rank
DBEF Omega Ratio Rank: 7272
Omega Ratio Rank
DBEF Calmar Ratio Rank: 6262
Calmar Ratio Rank
DBEF Martin Ratio Rank: 7171
Martin Ratio Rank
USB
USB Risk / Return Rank: 8383
Overall Rank
USB Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
USB Sortino Ratio Rank: 8383
Sortino Ratio Rank
USB Omega Ratio Rank: 8383
Omega Ratio Rank
USB Calmar Ratio Rank: 8080
Calmar Ratio Rank
USB Martin Ratio Rank: 8080
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DBEF vs. USB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI EAFE Hedged Equity ETF (DBEF) and U.S. Bancorp (USB). 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.

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.

DBEFUSBDifference
Sharpe ratioReturn per unit of total volatility
1.98
1.77

+0.22

Sortino ratioReturn per unit of downside risk
2.80
2.41

+0.39

Omega ratioGain probability vs. loss probability

1.37

1.31

+0.06

Calmar ratioReturn relative to maximum drawdown

2.72

2.42

+0.29

Martin ratioReturn relative to average drawdown

11.46

6.02

+5.45

DBEF vs. USB - Sharpe Ratio Comparison

The current DBEF Sharpe Ratio is 1.98, which is comparable to the USB Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of DBEF and USB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

DBEF vs. USB - Drawdown Comparison

The maximum DBEF drawdown since its inception was -32.46%, smaller than the maximum USB drawdown of -76.08%. Use the drawdown chart below to compare losses from any high point for DBEF and USB.

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Drawdown Indicators

DBEFUSBDifference

Max Drawdown

Largest peak-to-trough decline

-32.46%

-76.08%

+43.62%

Max Drawdown (1Y)

Largest decline over 1 year

-9.41%

-16.21%

+6.80%

Max Drawdown (3Y)

Largest decline over 3 years

-14.62%

-30.63%

+16.01%

Max Drawdown (5Y)

Largest decline over 5 years

-14.95%

-52.13%

+37.18%

Max Drawdown (10Y)

Largest decline over 10 years

-32.46%

-52.13%

+19.67%

Current Drawdown

Current decline from peak

0.00%

-1.88%

+1.88%

Average Drawdown

Average peak-to-trough decline

-4.73%

-15.63%

+10.90%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.23%

6.53%

-4.30%

Volatility

DBEF vs. USB - Volatility Comparison

The current volatility for Xtrackers MSCI EAFE Hedged Equity ETF (DBEF) is 4.58%, while U.S. Bancorp (USB) has a volatility of 7.25%. This indicates that DBEF experiences smaller price fluctuations and is considered to be less risky than USB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

DBEFUSBDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.58%

7.25%

-2.67%

Volatility (6M)

Calculated over the trailing 6-month period

10.80%

16.61%

-5.81%

Volatility (1Y)

Calculated over the trailing 1-year period

12.89%

22.27%

-9.38%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.84%

29.82%

-15.98%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.80%

30.31%

-14.51%

Dividends

DBEF vs. USB - Dividend Comparison

DBEF's dividend yield for the trailing twelve months is around 4.97%, more than USB's 3.50% yield.

PositionTTM20252024202320222021202020192018201720162015
DBEF
Xtrackers MSCI EAFE Hedged Equity ETF		4.97%5.55%1.29%4.46%15.85%2.28%2.41%3.03%3.22%2.98%2.55%3.70%
USB
U.S. Bancorp		3.50%3.82%4.14%4.46%4.31%3.13%3.61%2.66%2.93%2.16%2.08%2.37%

Frequently Asked Questions

DBEF and USB have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

USB has higher volatility (7.25%) compared to DBEF (4.58%). In terms of maximum drawdown, DBEF dropped -32.46% vs USB's -76.08%.

DBEF currently has the higher Sharpe Ratio (1.98 vs 1.77), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for DBEF and USB

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