DBEU vs. EDEN
Compare and contrast key facts about Xtrackers MSCI Europe Hedged Equity Fund (DBEU) and iShares MSCI Denmark ETF (EDEN).
DBEU and EDEN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DBEU is a passively managed fund by DWS that tracks the performance of the MSCI Europe US Dollar Hedged Index. It was launched on Oct 1, 2013. EDEN is a passively managed fund by iShares that tracks the performance of the MSCI Denmark IMI 25/50 Index. It was launched on Jan 25, 2012. Both DBEU and EDEN 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: DBEU or EDEN.
Key characteristics
| DBEU | EDEN | |
|---|---|---|
| YTD Return | 7.58% | 6.09% |
| 1Y Return | 11.77% | 10.25% |
| 3Y Return (Ann) | 9.77% | 6.22% |
| 5Y Return (Ann) | 9.62% | 15.16% |
| 10Y Return (Ann) | 8.15% | 10.40% |
| Sharpe Ratio | 1.24 | 0.64 |
| Daily Std Dev | 9.95% | 15.57% |
| Max Drawdown | -34.50% | -36.61% |
| Current Drawdown | -1.28% | -4.42% |
Correlation
The correlation between DBEU and EDEN is 0.64, 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
DBEU vs. EDEN - Performance Comparison
In the year-to-date period, DBEU achieves a 7.58% return, which is significantly higher than EDEN's 6.09% return. Over the past 10 years, DBEU has underperformed EDEN with an annualized return of 8.15%, while EDEN has yielded a comparatively higher 10.40% 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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DBEU vs. EDEN - Expense Ratio Comparison
DBEU has a 0.45% expense ratio, which is lower than EDEN's 0.53% expense ratio.
Risk-Adjusted Performance
DBEU vs. EDEN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Europe Hedged Equity Fund (DBEU) and iShares MSCI Denmark ETF (EDEN). 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
DBEU vs. EDEN - Dividend Comparison
DBEU's dividend yield for the trailing twelve months is around 3.38%, more than EDEN's 1.81% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBEU Xtrackers MSCI Europe Hedged Equity Fund | 3.38% | 3.64% | 1.96% | 1.87% | 2.44% | 2.77% | 3.55% | 2.28% | 9.92% | 5.50% | 4.43% | 0.91% |
EDEN iShares MSCI Denmark ETF | 1.81% | 1.92% | 1.47% | 0.74% | 0.42% | 2.36% | 2.01% | 2.03% | 1.28% | 1.46% | 0.87% | 0.86% |
Drawdowns
DBEU vs. EDEN - Drawdown Comparison
The maximum DBEU drawdown since its inception was -34.50%, smaller than the maximum EDEN drawdown of -36.61%. Use the drawdown chart below to compare losses from any high point for DBEU and EDEN. For additional features, visit the drawdowns tool.
Volatility
DBEU vs. EDEN - Volatility Comparison
The current volatility for Xtrackers MSCI Europe Hedged Equity Fund (DBEU) is 2.70%, while iShares MSCI Denmark ETF (EDEN) has a volatility of 4.97%. This indicates that DBEU experiences smaller price fluctuations and is considered to be less risky than EDEN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.