DEEF vs. FIDI
DEEF (Xtrackers FTSE Developed ex US Multifactor ETF) and FIDI (Fidelity International High Dividend ETF) are both Foreign Large Cap Equities funds - DEEF tracks the FTSE Developed ex US Comprehensive Factor Net Tax (US RIC) Index while FIDI tracks the Fidelity® International High Dividend Index. Both are passively managed. Over the past 5 years, DEEF returned 7.51%/yr vs 10.43%/yr for FIDI. Their correlation of 0.86 suggests significant overlap in exposure. DEEF charges 0.24%/yr vs 0.39%/yr for FIDI.
Performance
DEEF vs. FIDI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DEEF achieves a 10.24% return, which is significantly higher than FIDI's 8.93% return.
DEEF
- 1D
- -0.08%
- 1M
- 2.38%
- YTD
- 10.24%
- 6M
- 13.08%
- 1Y
- 23.80%
- 3Y*
- 17.65%
- 5Y*
- 7.51%
- 10Y*
- 8.28%
FIDI
- 1D
- -0.57%
- 1M
- 0.38%
- YTD
- 8.93%
- 6M
- 12.21%
- 1Y
- 25.24%
- 3Y*
- 19.10%
- 5Y*
- 10.43%
- 10Y*
- —
DEEF vs. FIDI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
DEEF Xtrackers FTSE Developed ex US Multifactor ETF | 10.24% | 32.36% | 2.77% | 16.99% | -16.94% | 9.22% | 7.90% | 19.30% | -17.20% |
FIDI Fidelity International High Dividend ETF | 8.93% | 39.34% | -0.06% | 16.28% | -4.73% | 16.87% | -11.68% | 15.47% | -20.16% |
Correlation
The correlation between DEEF and FIDI is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.88 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Jan 19, 2018 | 0.86 |
The correlation between DEEF and FIDI has been stable across timeframes, ranging from 0.82 to 0.89 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DEEF vs. FIDI — Risk / Return Rank
DEEF
FIDI
DEEF vs. FIDI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers FTSE Developed ex US Multifactor ETF (DEEF) and Fidelity International High Dividend ETF (FIDI). 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.
| DEEF | FIDI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.42 | ||
| Sortino ratioReturn per unit of downside risk | -0.53 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.39 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.25 | 3.65 | -1.40 |
| Martin ratioReturn relative to average drawdown | 7.82 | 13.04 | -5.23 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| DEEF | FIDI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.77 | 2.19 | -0.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.71 | -0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.31 | +0.19 |
Drawdowns
DEEF vs. FIDI - Drawdown Comparison
The maximum DEEF drawdown since its inception was -36.48%, smaller than the maximum FIDI drawdown of -46.34%. Use the drawdown chart below to compare losses from any high point for DEEF and FIDI.
Loading charts...
Drawdown Indicators
| DEEF | FIDI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.48% | -46.34% | +9.86% |
Max Drawdown (1Y)Largest decline over 1 year | -10.64% | -6.96% | -3.68% |
Max Drawdown (3Y)Largest decline over 3 years | -11.07% | -12.09% | +1.02% |
Max Drawdown (5Y)Largest decline over 5 years | -31.08% | -26.05% | -5.03% |
Max Drawdown (10Y)Largest decline over 10 years | -36.48% | — | — |
Current DrawdownCurrent decline from peak | -3.63% | -2.24% | -1.39% |
Average DrawdownAverage peak-to-trough decline | -7.09% | -9.79% | +2.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.05% | 1.94% | +1.11% |
Volatility
DEEF vs. FIDI - Volatility Comparison
Xtrackers FTSE Developed ex US Multifactor ETF (DEEF) has a higher volatility of 3.88% compared to Fidelity International High Dividend ETF (FIDI) at 3.09%. This indicates that DEEF's price experiences larger fluctuations and is considered to be riskier than FIDI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DEEF | FIDI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.88% | 3.09% | +0.79% |
Volatility (6M)Calculated over the trailing 6-month period | 11.62% | 9.00% | +2.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.53% | 11.60% | +1.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.93% | 14.84% | +0.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.29% | 18.73% | -2.44% |
DEEF vs. FIDI - Expense Ratio Comparison
DEEF has a 0.24% expense ratio, which is lower than FIDI's 0.39% expense ratio.
Dividends
DEEF vs. FIDI - Dividend Comparison
DEEF's dividend yield for the trailing twelve months is around 3.38%, less than FIDI's 4.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
DEEF Xtrackers FTSE Developed ex US Multifactor ETF | 3.38% | 3.63% | 4.04% | 3.96% | 3.31% | 3.84% | 2.71% | 3.74% | 2.80% | 2.61% | 4.35% |
FIDI Fidelity International High Dividend ETF | 4.13% | 4.33% | 5.72% | 4.80% | 5.09% | 4.00% | 3.36% | 4.26% | 4.37% | 0.00% | 0.00% |
Frequently Asked Questions
DEEF and FIDI have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DEEF has higher volatility (3.88%) compared to FIDI (3.09%). In terms of maximum drawdown, DEEF dropped -36.48% vs FIDI's -46.34%.
On 5-year performance, FIDI leads with 10.43% vs 7.51% for DEEF. On fees, DEEF is cheaper at 0.24% per year. On volatility, FIDI has been the lower-risk option at 3.09%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, FIDI has performed better with a 10.43% return vs 7.51%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DEEF is cheaper with a 0.24% expense ratio, compared with 0.39% for FIDI.
FIDI has the higher dividend yield at 4.13%, compared with 3.38% for DEEF.
DEEF tracks FTSE Developed ex US Comprehensive Factor Net Tax (US RIC) Index, while FIDI tracks Fidelity® International High Dividend Index. They also come from different issuers: Deutsche Bank and Fidelity. Their fees differ too: 0.24% for DEEF and 0.39% for FIDI.
FIDI currently has the higher Sharpe Ratio (2.19 vs 1.77), 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.
Find the right allocation for DEEF and FIDI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer