HDEF vs. FDEV
Compare and contrast key facts about Xtrackers MSCI EAFE High Dividend Yield Equity ETF (HDEF) and Fidelity International Multifactor ETF (FDEV).
HDEF and FDEV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HDEF is a passively managed fund by Deutsche Bank that tracks the performance of the MSCI EAFE High Dividend Yield US Dollar Hedged Index. It was launched on Aug 12, 2015. FDEV is a passively managed fund by Fidelity that tracks the performance of the Fidelity Targeted International Factor Index. It was launched on Feb 26, 2019. Both HDEF and FDEV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
HDEF vs. FDEV - Performance Comparison
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HDEF vs. FDEV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF | 5.22% | 33.01% | 2.85% | 18.53% | -2.51% | 6.95% | -1.90% | 13.18% |
FDEV Fidelity International Multifactor ETF | 4.70% | 30.36% | 5.84% | 13.37% | -16.54% | 11.00% | 5.49% | 10.06% |
Returns By Period
In the year-to-date period, HDEF achieves a 5.22% return, which is significantly higher than FDEV's 4.70% return.
HDEF
- 1D
- 0.15%
- 1M
- -2.98%
- YTD
- 5.22%
- 6M
- 10.37%
- 1Y
- 24.35%
- 3Y*
- 16.78%
- 5Y*
- 11.20%
- 10Y*
- 8.88%
FDEV
- 1D
- 0.84%
- 1M
- -3.03%
- YTD
- 4.70%
- 6M
- 10.10%
- 1Y
- 26.71%
- 3Y*
- 15.30%
- 5Y*
- 8.13%
- 10Y*
- —
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HDEF vs. FDEV - Expense Ratio Comparison
HDEF has a 0.20% expense ratio, which is lower than FDEV's 0.39% expense ratio.
Return for Risk
HDEF vs. FDEV — Risk / Return Rank
HDEF
FDEV
HDEF vs. FDEV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI EAFE High Dividend Yield Equity ETF (HDEF) and Fidelity International Multifactor ETF (FDEV). 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.
| HDEF | FDEV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.69 | 1.83 | -0.15 |
Sortino ratioReturn per unit of downside risk | 2.26 | 2.54 | -0.28 |
Omega ratioGain probability vs. loss probability | 1.35 | 1.37 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 2.62 | 3.02 | -0.40 |
Martin ratioReturn relative to average drawdown | 10.05 | 12.24 | -2.19 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HDEF | FDEV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.69 | 1.83 | -0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.80 | 0.59 | +0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.54 | -0.08 |
Correlation
The correlation between HDEF and FDEV 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.
Dividends
HDEF vs. FDEV - Dividend Comparison
HDEF's dividend yield for the trailing twelve months is around 3.60%, more than FDEV's 2.81% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF | 3.60% | 3.88% | 4.53% | 4.38% | 5.41% | 4.76% | 3.93% | 4.20% | 3.55% | 3.38% | 9.53% | 1.87% |
FDEV Fidelity International Multifactor ETF | 2.81% | 2.86% | 2.99% | 2.80% | 2.65% | 2.81% | 1.88% | 2.73% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HDEF vs. FDEV - Drawdown Comparison
The maximum HDEF drawdown since its inception was -36.43%, which is greater than FDEV's maximum drawdown of -30.11%. Use the drawdown chart below to compare losses from any high point for HDEF and FDEV.
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Drawdown Indicators
| HDEF | FDEV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.43% | -30.11% | -6.32% |
Max Drawdown (1Y)Largest decline over 1 year | -9.28% | -8.67% | -0.61% |
Max Drawdown (5Y)Largest decline over 5 years | -23.63% | -29.02% | +5.39% |
Max Drawdown (10Y)Largest decline over 10 years | -36.43% | — | — |
Current DrawdownCurrent decline from peak | -4.57% | -4.03% | -0.54% |
Average DrawdownAverage peak-to-trough decline | -5.07% | -6.37% | +1.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.43% | 2.14% | +0.29% |
Volatility
HDEF vs. FDEV - Volatility Comparison
The current volatility for Xtrackers MSCI EAFE High Dividend Yield Equity ETF (HDEF) is 4.91%, while Fidelity International Multifactor ETF (FDEV) has a volatility of 5.91%. This indicates that HDEF experiences smaller price fluctuations and is considered to be less risky than FDEV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HDEF | FDEV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.91% | 5.91% | -1.00% |
Volatility (6M)Calculated over the trailing 6-month period | 8.52% | 9.15% | -0.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.52% | 14.64% | -0.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.10% | 13.84% | +0.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.21% | 15.38% | +0.83% |