DBEU vs. HAUZ
DBEU (Xtrackers MSCI Europe Hedged Equity Fund) and HAUZ (Xtrackers International Real Estate ETF) are both exchange-traded funds - DBEU is a Europe Equities fund tracking the MSCI Europe US Dollar Hedged Index, while HAUZ is a REIT fund tracking the iSTOXX Developed and Emerging Markets ex USA PK VN Real Estate Index. Both are passively managed. Over the past 10 years, DBEU returned 11.21%/yr vs 3.20%/yr for HAUZ. A 0.56 correlation means they provide meaningful diversification when combined. DBEU charges 0.45%/yr vs 0.10%/yr for HAUZ.
Performance
DBEU vs. HAUZ - Performance Comparison
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Returns By Period
In the year-to-date period, DBEU achieves a 11.29% return, which is significantly higher than HAUZ's -1.86% return. Over the past 10 years, DBEU has outperformed HAUZ with an annualized return of 11.21%, while HAUZ has yielded a comparatively lower 3.20% annualized return.
DBEU
- 1D
- -0.37%
- 1M
- 1.04%
- 6M
- 7.46%
- YTD
- 11.29%
- 1Y
- 21.64%
- 3Y*
- 16.09%
- 5Y*
- 11.58%
- 10Y*
- 11.21%
HAUZ
- 1D
- -0.90%
- 1M
- -1.28%
- 6M
- -5.32%
- YTD
- -1.86%
- 1Y
- 3.49%
- 3Y*
- 6.62%
- 5Y*
- -1.40%
- 10Y*
- 3.20%
DBEU vs. HAUZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DBEU Xtrackers MSCI Europe Hedged Equity Fund | 11.29% | 22.18% | 9.17% | 17.43% | -6.25% | 23.99% | -1.42% | 27.32% | -8.49% | 14.60% |
HAUZ Xtrackers International Real Estate ETF | -1.86% | 22.70% | -5.44% | 6.29% | -22.24% | 9.82% | -6.23% | 20.89% | -9.12% | 27.52% |
Correlation
The correlation between DBEU and HAUZ is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2013 | 0.56 |
The correlation between DBEU and HAUZ has been stable across timeframes, ranging from 0.56 to 0.65 - a consistent structural relationship.
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Return for Risk
DBEU vs. HAUZ — Risk / Return Rank
DBEU
HAUZ
DBEU vs. HAUZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Europe Hedged Equity Fund (DBEU) and Xtrackers International Real Estate ETF (HAUZ). 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.
| DBEU | HAUZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.41 | ||
| Sortino ratioReturn per unit of downside risk | +1.91 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.05 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 2.22 | 0.25 | +1.97 |
| Martin ratioReturn relative to average drawdown | 9.00 | 0.59 | +8.41 |
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Drawdowns
DBEU vs. HAUZ - Drawdown Comparison
The maximum DBEU drawdown since its inception was -34.50%, smaller than the maximum HAUZ drawdown of -39.51%. Use the drawdown chart below to compare losses from any high point for DBEU and HAUZ.
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Drawdown Indicators
| DBEU | HAUZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.50% | -39.51% | +5.01% |
Max Drawdown (1Y)Largest decline over 1 year | -9.81% | -14.08% | +4.27% |
Max Drawdown (3Y)Largest decline over 3 years | -15.35% | -17.88% | +2.53% |
Max Drawdown (5Y)Largest decline over 5 years | -17.67% | -34.14% | +16.47% |
Max Drawdown (10Y)Largest decline over 10 years | -34.50% | -39.51% | +5.01% |
Current DrawdownCurrent decline from peak | -1.98% | -11.02% | +9.04% |
Average DrawdownAverage peak-to-trough decline | -4.41% | -11.74% | +7.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.41% | 5.90% | -3.49% |
Volatility
DBEU vs. HAUZ - Volatility Comparison
Xtrackers MSCI Europe Hedged Equity Fund (DBEU) and Xtrackers International Real Estate ETF (HAUZ) have volatilities of 3.92% and 3.85%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DBEU | HAUZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.92% | 3.85% | +0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 11.11% | 11.96% | -0.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.12% | 14.12% | -1.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.38% | 15.96% | -1.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.23% | 16.94% | -0.71% |
DBEU vs. HAUZ - Expense Ratio Comparison
DBEU has a 0.45% expense ratio, which is higher than HAUZ's 0.10% expense ratio.
Dividends
DBEU vs. HAUZ - Dividend Comparison
DBEU's dividend yield for the trailing twelve months is around 1.43%, less than HAUZ's 3.62% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBEU Xtrackers MSCI Europe Hedged Equity Fund | 1.43% | 4.55% | 0.07% | 3.64% | 1.96% | 1.87% | 2.44% | 2.77% | 3.55% | 2.28% | 9.92% | 5.50% |
HAUZ Xtrackers International Real Estate ETF | 3.62% | 4.46% | 4.50% | 3.50% | 1.99% | 4.84% | 3.37% | 3.69% | 1.93% | 2.59% | 2.18% | 9.42% |
Frequently Asked Questions
DBEU and HAUZ have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DBEU has higher volatility (3.92%) compared to HAUZ (3.85%). In terms of maximum drawdown, DBEU dropped -34.50% vs HAUZ's -39.51%.
On 10-year performance, DBEU leads with 11.21% vs 3.20% for HAUZ. On fees, HAUZ is cheaper at 0.10% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, DBEU has performed better with a 11.21% return vs 3.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
HAUZ is cheaper with a 0.10% expense ratio, compared with 0.45% for DBEU.
HAUZ has the higher dividend yield at 3.62%, compared with 1.43% for DBEU.
DBEU is categorized as Europe Equities, while HAUZ is REIT. DBEU tracks MSCI Europe US Dollar Hedged Index, while HAUZ tracks iSTOXX Developed and Emerging Markets ex USA PK VN Real Estate Index. Their fees differ too: 0.45% for DBEU and 0.10% for HAUZ.
DBEU currently has the higher Sharpe Ratio (1.66 vs 0.25), 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.
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