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HEFA vs. DBEF
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


HEFADBEF
YTD Return7.65%7.65%
1Y Return16.27%16.02%
3Y Return (Ann)9.87%9.76%
5Y Return (Ann)10.24%10.16%
10Y Return (Ann)9.03%8.63%
Sharpe Ratio1.711.69
Daily Std Dev9.75%9.72%
Max Drawdown-32.39%-32.46%
Current Drawdown-2.81%-2.83%

Correlation

-0.50.00.51.01.0

The correlation between HEFA and DBEF is 0.97, 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

HEFA vs. DBEF - Performance Comparison

As of year-to-date, both investments have demonstrated similar returns, with HEFA at 7.65% and DBEF at 7.65%. Both investments have delivered pretty close results over the past 10 years, with HEFA having a 9.03% annualized return and DBEF not far behind at 8.63%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%NovemberDecember2024FebruaryMarchApril
13.93%
13.91%
HEFA
DBEF

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


iShares Currency Hedged MSCI EAFE ETF

Xtrackers MSCI EAFE Hedged Equity ETF

HEFA vs. DBEF - Expense Ratio Comparison

HEFA has a 0.35% expense ratio, which is lower than DBEF's 0.36% expense ratio.

DBEF
Xtrackers MSCI EAFE Hedged Equity ETF
0.50%1.00%1.50%2.00%0.36%
0.50%1.00%1.50%2.00%0.35%

Risk-Adjusted Performance

HEFA vs. DBEF - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Currency Hedged MSCI EAFE ETF (HEFA) and Xtrackers MSCI EAFE Hedged Equity ETF (DBEF). 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.


HEFA
Sharpe ratio
The chart of Sharpe ratio for HEFA, currently valued at 1.71, compared to the broader market0.002.004.001.71
Sortino ratio
The chart of Sortino ratio for HEFA, currently valued at 2.42, compared to the broader market-2.000.002.004.006.008.0010.002.42
Omega ratio
The chart of Omega ratio for HEFA, currently valued at 1.30, compared to the broader market1.001.502.002.501.30
Calmar ratio
The chart of Calmar ratio for HEFA, currently valued at 2.45, compared to the broader market0.002.004.006.008.0010.0012.002.45
Martin ratio
The chart of Martin ratio for HEFA, currently valued at 8.49, compared to the broader market0.0020.0040.0060.0080.008.49
DBEF
Sharpe ratio
The chart of Sharpe ratio for DBEF, currently valued at 1.69, compared to the broader market0.002.004.001.69
Sortino ratio
The chart of Sortino ratio for DBEF, currently valued at 2.40, compared to the broader market-2.000.002.004.006.008.0010.002.40
Omega ratio
The chart of Omega ratio for DBEF, currently valued at 1.30, compared to the broader market1.001.502.002.501.30
Calmar ratio
The chart of Calmar ratio for DBEF, currently valued at 2.42, compared to the broader market0.002.004.006.008.0010.0012.002.42
Martin ratio
The chart of Martin ratio for DBEF, currently valued at 8.38, compared to the broader market0.0020.0040.0060.0080.008.38

HEFA vs. DBEF - Sharpe Ratio Comparison

The current HEFA Sharpe Ratio is 1.71, which roughly equals the DBEF Sharpe Ratio of 1.69. The chart below compares the 12-month rolling Sharpe Ratio of HEFA and DBEF.


Rolling 12-month Sharpe Ratio1.001.502.002.50NovemberDecember2024FebruaryMarchApril
1.71
1.69
HEFA
DBEF

Dividends

HEFA vs. DBEF - Dividend Comparison

HEFA's dividend yield for the trailing twelve months is around 2.80%, less than DBEF's 4.14% yield.


TTM20232022202120202019201820172016201520142013
HEFA
iShares Currency Hedged MSCI EAFE ETF
2.80%3.02%25.14%3.06%2.10%5.37%4.59%2.55%3.17%3.54%3.39%0.00%
DBEF
Xtrackers MSCI EAFE Hedged Equity ETF
4.14%4.46%15.85%2.28%2.41%3.03%3.22%2.98%2.55%3.70%5.08%1.48%

Drawdowns

HEFA vs. DBEF - Drawdown Comparison

The maximum HEFA drawdown since its inception was -32.39%, roughly equal to the maximum DBEF drawdown of -32.46%. Use the drawdown chart below to compare losses from any high point for HEFA and DBEF. For additional features, visit the drawdowns tool.


-7.00%-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%NovemberDecember2024FebruaryMarchApril
-2.81%
-2.83%
HEFA
DBEF

Volatility

HEFA vs. DBEF - Volatility Comparison

iShares Currency Hedged MSCI EAFE ETF (HEFA) and Xtrackers MSCI EAFE Hedged Equity ETF (DBEF) have volatilities of 2.46% and 2.41%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%2.50%3.00%3.50%4.00%NovemberDecember2024FebruaryMarchApril
2.46%
2.41%
HEFA
DBEF