HDEF vs. HDMV
Compare and contrast key facts about Xtrackers MSCI EAFE High Dividend Yield Equity ETF (HDEF) and First Trust Horizon Managed Volatility Developed Intl ETF (HDMV).
HDEF and HDMV 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. HDMV is an actively managed fund by First Trust. It was launched on Aug 24, 2016.
Performance
HDEF vs. HDMV - Performance Comparison
Loading graphics...
HDEF vs. HDMV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF | 5.22% | 33.01% | 2.85% | 18.53% | -2.51% | 6.95% | -1.90% | 25.02% | -13.74% | 9.89% |
HDMV First Trust Horizon Managed Volatility Developed Intl ETF | 4.79% | 29.31% | 2.99% | 9.62% | -11.47% | 7.39% | -9.42% | 15.00% | -7.60% | 27.49% |
Returns By Period
In the year-to-date period, HDEF achieves a 5.22% return, which is significantly higher than HDMV's 4.79% 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%
HDMV
- 1D
- 0.58%
- 1M
- -3.90%
- YTD
- 4.79%
- 6M
- 8.22%
- 1Y
- 20.29%
- 3Y*
- 13.20%
- 5Y*
- 7.23%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HDEF vs. HDMV - Expense Ratio Comparison
HDEF has a 0.20% expense ratio, which is lower than HDMV's 0.80% expense ratio.
Return for Risk
HDEF vs. HDMV — Risk / Return Rank
HDEF
HDMV
HDEF vs. HDMV - 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 First Trust Horizon Managed Volatility Developed Intl ETF (HDMV). 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 | HDMV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.69 | 1.55 | +0.13 |
Sortino ratioReturn per unit of downside risk | 2.26 | 2.02 | +0.24 |
Omega ratioGain probability vs. loss probability | 1.35 | 1.31 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 2.62 | 2.43 | +0.19 |
Martin ratioReturn relative to average drawdown | 10.05 | 8.61 | +1.44 |
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 graphics...
Sharpe Ratios by Period
| HDEF | HDMV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.69 | 1.55 | +0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.80 | 0.61 | +0.19 |
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 | 0.42 | +0.04 |
Correlation
The correlation between HDEF and HDMV is 0.79, 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. HDMV - Dividend Comparison
HDEF's dividend yield for the trailing twelve months is around 3.60%, less than HDMV's 4.68% 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% |
HDMV First Trust Horizon Managed Volatility Developed Intl ETF | 4.68% | 5.09% | 3.24% | 3.14% | 3.53% | 3.11% | 1.45% | 3.63% | 2.88% | 3.23% | 0.18% | 0.00% |
Drawdowns
HDEF vs. HDMV - Drawdown Comparison
The maximum HDEF drawdown since its inception was -36.43%, which is greater than HDMV's maximum drawdown of -32.01%. Use the drawdown chart below to compare losses from any high point for HDEF and HDMV.
Loading graphics...
Drawdown Indicators
| HDEF | HDMV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.43% | -32.01% | -4.42% |
Max Drawdown (1Y)Largest decline over 1 year | -9.28% | -8.73% | -0.55% |
Max Drawdown (5Y)Largest decline over 5 years | -23.63% | -24.11% | +0.48% |
Max Drawdown (10Y)Largest decline over 10 years | -36.43% | — | — |
Current DrawdownCurrent decline from peak | -4.57% | -5.54% | +0.97% |
Average DrawdownAverage peak-to-trough decline | -5.07% | -6.83% | +1.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.43% | 2.46% | -0.03% |
Volatility
HDEF vs. HDMV - Volatility Comparison
The current volatility for Xtrackers MSCI EAFE High Dividend Yield Equity ETF (HDEF) is 4.91%, while First Trust Horizon Managed Volatility Developed Intl ETF (HDMV) has a volatility of 5.40%. This indicates that HDEF experiences smaller price fluctuations and is considered to be less risky than HDMV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| HDEF | HDMV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.91% | 5.40% | -0.49% |
Volatility (6M)Calculated over the trailing 6-month period | 8.52% | 8.26% | +0.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.52% | 13.16% | +1.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.10% | 11.94% | +2.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.21% | 13.23% | +2.98% |