DBEU vs. VGK
Compare and contrast key facts about Xtrackers MSCI Europe Hedged Equity Fund (DBEU) and Vanguard FTSE Europe ETF (VGK).
DBEU and VGK 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. VGK is a passively managed fund by Vanguard that tracks the performance of the FTSE Developed Europe Index. It was launched on Mar 4, 2005. Both DBEU and VGK 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 VGK.
Key characteristics
| DBEU | VGK | |
|---|---|---|
| YTD Return | 7.89% | 2.78% |
| 1Y Return | 13.81% | 10.87% |
| 3Y Return (Ann) | 5.91% | 0.97% |
| 5Y Return (Ann) | 8.28% | 5.99% |
| 10Y Return (Ann) | 8.24% | 5.17% |
| Sharpe Ratio | 1.45 | 1.05 |
| Sortino Ratio | 2.03 | 1.52 |
| Omega Ratio | 1.25 | 1.18 |
| Calmar Ratio | 2.05 | 1.46 |
| Martin Ratio | 8.26 | 5.30 |
| Ulcer Index | 1.83% | 2.67% |
| Daily Std Dev | 10.42% | 13.51% |
| Max Drawdown | -34.50% | -63.61% |
| Current Drawdown | -4.60% | -9.70% |
Correlation
The correlation between DBEU and VGK is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DBEU vs. VGK - Performance Comparison
In the year-to-date period, DBEU achieves a 7.89% return, which is significantly higher than VGK's 2.78% return. Over the past 10 years, DBEU has outperformed VGK with an annualized return of 8.24%, while VGK has yielded a comparatively lower 5.17% 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. VGK - Expense Ratio Comparison
DBEU has a 0.45% expense ratio, which is higher than VGK's 0.08% expense ratio.
Risk-Adjusted Performance
DBEU vs. VGK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Europe Hedged Equity Fund (DBEU) and Vanguard FTSE Europe ETF (VGK). 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. VGK - Dividend Comparison
DBEU's dividend yield for the trailing twelve months is around 0.07%, less than VGK's 3.13% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBEU Xtrackers MSCI Europe Hedged Equity Fund | 0.07% | 3.64% | 1.96% | 1.87% | 2.44% | 2.78% | 3.56% | 2.28% | 9.92% | 5.50% | 4.43% | 0.91% |
VGK Vanguard FTSE Europe ETF | 3.13% | 3.15% | 3.25% | 3.05% | 2.11% | 3.27% | 3.95% | 2.70% | 3.52% | 3.25% | 4.62% | 2.77% |
Drawdowns
DBEU vs. VGK - Drawdown Comparison
The maximum DBEU drawdown since its inception was -34.50%, smaller than the maximum VGK drawdown of -63.61%. Use the drawdown chart below to compare losses from any high point for DBEU and VGK. For additional features, visit the drawdowns tool.
Volatility
DBEU vs. VGK - Volatility Comparison
The current volatility for Xtrackers MSCI Europe Hedged Equity Fund (DBEU) is 3.21%, while Vanguard FTSE Europe ETF (VGK) has a volatility of 4.38%. This indicates that DBEU experiences smaller price fluctuations and is considered to be less risky than VGK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.