DBEH vs. DBEF

Last updated Apr 2, 2026

Compare and contrast key facts about iM DBi Hedge Strategy ETF (DBEH) and Xtrackers MSCI EAFE Hedged Equity ETF (DBEF).

DBEH and DBEF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DBEH is an actively managed fund by Litman Gregory Capital Partners LLC. It was launched on Dec 18, 2019. 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.

Performance

DBEH vs. DBEF - Performance Comparison

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

DBEH vs. DBEF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
DBEH iM DBi Hedge Strategy ETF	0.00%	0.00%	5.57%	7.23%	-6.05%	4.95%	23.41%	0.05%
DBEF Xtrackers MSCI EAFE Hedged Equity ETF	4.36%	23.16%	13.40%	20.15%	-5.13%	19.60%	2.03%	-0.38%

Returns By Period

DBEH

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DBEF

• 1D: 1.64%
• 1M: -2.96%
• YTD: 4.36%
• 6M: 10.23%
• 1Y: 22.76%
• 3Y*: 17.05%
• 5Y*: 12.72%
• 10Y*: 11.84%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DBEH vs. DBEF - Expense Ratio Comparison

DBEH has a 0.85% expense ratio, which is higher than DBEF's 0.36% expense ratio.

DBEH

iM DBi Hedge Strategy ETF

DBEF

Xtrackers MSCI EAFE Hedged Equity ETF

Return for Risk

DBEH vs. DBEF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DBEF

DBEF Risk / Return Rank: 75
DBEF Sharpe Ratio Rank: 74
DBEF Sortino Ratio Rank: 75
DBEF Omega Ratio Rank: 76
DBEF Calmar Ratio Rank: 72
DBEF Martin Ratio Rank: 76

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.

DBEH vs. DBEF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iM DBi Hedge Strategy ETF (DBEH) and Xtrackers MSCI EAFE Hedged Equity ETF (DBEF). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	DBEH	DBEF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.38	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.94	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.53	—

Correlation

The correlation between DBEH and DBEF is 0.61, 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.

Dividends

DBEH vs. DBEF - Dividend Comparison

DBEH has not paid dividends to shareholders, while DBEF's dividend yield for the trailing twelve months is around 5.32%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DBEH iM DBi Hedge Strategy ETF	0.00%	0.00%	2.66%	3.05%	1.54%	17.43%	0.06%	0.00%	0.00%	0.00%	0.00%	0.00%
DBEF Xtrackers MSCI EAFE Hedged Equity ETF	5.32%	5.55%	1.29%	4.46%	15.85%	2.28%	2.41%	3.03%	3.22%	2.98%	2.55%	3.70%

Drawdowns

Drawdown Indicators

	DBEH	DBEF	Difference
Max Drawdown Largest peak-to-trough decline	—	-32.46%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-11.87%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-14.95%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.46%	—
Current Drawdown Current decline from peak	—	-4.33%	—
Average Drawdown Average peak-to-trough decline	—	-4.77%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.72%	—

Volatility

Volatility by Period

	DBEH	DBEF	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.97%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.46%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	16.60%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	13.63%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	15.82%	—