DBEZ vs. HEZU
Compare and contrast key facts about Xtrackers MSCI Eurozone Hedged Equity ETF (DBEZ) and iShares Currency Hedged MSCI Eurozone ETF (HEZU).
DBEZ and HEZU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DBEZ is a passively managed fund by Deutsche Bank that tracks the performance of the MSCI EMU IMI 100% Hedged to USD Net Variant. It was launched on Dec 10, 2014. HEZU is a passively managed fund by iShares that tracks the performance of the MSCI EMU 100% USD Hedged Index. It was launched on Jul 9, 2014. Both DBEZ and HEZU 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: DBEZ or HEZU.
Correlation
The correlation between DBEZ and HEZU is 0.74, 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
DBEZ vs. HEZU - Performance Comparison
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Key characteristics
DBEZ:
0.70
HEZU:
0.71
DBEZ:
1.10
HEZU:
1.09
DBEZ:
1.15
HEZU:
1.15
DBEZ:
0.83
HEZU:
0.85
DBEZ:
3.36
HEZU:
3.30
DBEZ:
3.85%
HEZU:
3.83%
DBEZ:
18.77%
HEZU:
17.99%
DBEZ:
-38.76%
HEZU:
-38.80%
DBEZ:
-0.84%
HEZU:
-0.98%
Returns By Period
In the year-to-date period, DBEZ achieves a 15.96% return, which is significantly higher than HEZU's 15.01% return. Both investments have delivered pretty close results over the past 10 years, with DBEZ having a 8.33% annualized return and HEZU not far ahead at 8.35%.
DBEZ
15.96%
14.34%
18.51%
13.03%
16.37%
16.38%
8.33%
HEZU
15.01%
13.90%
17.78%
12.73%
17.11%
16.89%
8.35%
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DBEZ vs. HEZU - Expense Ratio Comparison
DBEZ has a 0.47% expense ratio, which is lower than HEZU's 0.52% expense ratio.
Risk-Adjusted Performance
DBEZ vs. HEZU — Risk-Adjusted Performance Rank
DBEZ
HEZU
DBEZ vs. HEZU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Eurozone Hedged Equity ETF (DBEZ) and iShares Currency Hedged MSCI Eurozone ETF (HEZU). 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.
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Dividends
DBEZ vs. HEZU - Dividend Comparison
DBEZ's dividend yield for the trailing twelve months is around 0.54%, less than HEZU's 2.41% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBEZ Xtrackers MSCI Eurozone Hedged Equity ETF | 0.54% | 0.62% | 1.84% | 1.68% | 1.64% | 1.99% | 2.85% | 2.56% | 2.12% | 3.42% | 4.92% | 0.00% |
HEZU iShares Currency Hedged MSCI Eurozone ETF | 2.41% | 2.77% | 2.52% | 23.25% | 2.25% | 2.32% | 5.40% | 3.47% | 1.92% | 3.11% | 2.68% | 1.15% |
Drawdowns
DBEZ vs. HEZU - Drawdown Comparison
The maximum DBEZ drawdown since its inception was -38.76%, roughly equal to the maximum HEZU drawdown of -38.80%. Use the drawdown chart below to compare losses from any high point for DBEZ and HEZU. For additional features, visit the drawdowns tool.
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Volatility
DBEZ vs. HEZU - Volatility Comparison
The current volatility for Xtrackers MSCI Eurozone Hedged Equity ETF (DBEZ) is 3.03%, while iShares Currency Hedged MSCI Eurozone ETF (HEZU) has a volatility of 3.37%. This indicates that DBEZ experiences smaller price fluctuations and is considered to be less risky than HEZU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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