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Xtrackers MSCI Europe Hedged Equity ETF

DBEU
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 01 2013
Expense Ratio
0.46%
Type
Global Ex. US Equities
Fund Owner
DWS
Volume (1m avg. daily)
$7,183,528
AUM
$556,445,736
Associated Index
MSCI Europe US Dollar Hedged Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

NESN
Nestle SA
3.25%
ASML
ASML HOLDING NV
2.66%
MC
LVMH MOET HENNESSY LOUIS VUI
2.38%
NOVOB
NOVO NORDISK A/S-B
2.25%
ROG
Roche Holding AG
2.11%
SHEL
SHELL PLC
2.06%
AZN
ASTRAZENECA PLC
1.94%
NOVN
Novartis AG - Ordinary Shares (Registered)
1.81%
TTE
TOTAL SA
1.46%
HSBA
HSBC HOLDINGS PLC
1.41%
Invest with DBEU

What is DBEU?

The Xtrackers MSCI Europe Hedged Equity ETF (DBEU) seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI Europe US Dollar Hedged Index. The index is designed to provide exposure to equity securities in 15 developed European stock markets, while at the same time mitigating exposure to fluctuations between the value of the U.S. dollar and selected non-U.S. currencies. The index includes securities from Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom.

ETFs related toDBEU

ETFs correlated to DBEU include HEZU, HEFA, DBEF

DBEU
DBX ETF Trust - Xtrackers MSCI Europe Hedged Equity ETF
HEZU
BlackRock Institutional Trust Company N.A. - iShares Currency Hedged MSCI EMU ETF
HEFA
BlackRock Institutional Trust Company N.A. - iShares Currency Hedged MSCI EAFE ETF
DBEF
DBX ETF Trust - Xtrackers MSCI EAFE Hedged Equity ETF
HEDJ
WisdomTree Trust - WisdomTree Europe Hedged Equity Fund
HFXI
IndexIQ ETF Trust - IQ FTSE International Equity Currency Neutral ETF
HEWG
BlackRock Institutional Trust Company N.A. - iShares Currency Hedged MSCI Germany ETF
IHDG
WisdomTree Trust - WisdomTree International Hedged Quality Dividend Growth Fund
DDWM
WisdomTree Trust - WisdomTree Dynamic Currency Hedged International Equity Fund
IEV
BlackRock Institutional Trust Company N.A. - iShares Europe ETF
VGK
Vanguard Group, Inc. - Vanguard FTSE Europe ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toDBEU

#TSMO

Treasury and Stock Momentum

Category

Momentum, Be Risk Aware

Risk Rating

Aggressive

#GLOMO

On Top of the World: Global Momentum

Category

Momentum, Lever Up, Go Global

Risk Rating

Moderate

Create your own algorithmic trading strategy with DBEU using Composer

FAQ

DBEU is a Global Ex. US Equities ETF. The Xtrackers MSCI Europe Hedged Equity ETF (DBEU) seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI Europe US Dollar Hedged Index. The index is designed to provide exposure to equity securities in 15 developed European stock markets, while at the same time mitigating exposure to fluctuations between the value of the U.S. dollar and selected non-U.S. currencies. The index includes securities from Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom.

The top holdings for DBEU include Nestle SA, ASML HOLDING NV, and LVMH MOET HENNESSY LOUIS VUI.

DBEU has 439 total holdings.

DBEU tracks the MSCI Europe US Dollar Hedged Index.

No, DBEU is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, DBEU is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on DBEU is 0.0405%. This is the percent change in the value of DBEU over the most recent 1-month period. The 3-month return on DBEU is 0.1212%. This is the percent change in the value of DBEU over the most recent 3-month period.

The standard deviation of DBEU for the past year is 0.1833%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to DBEU include EZU, EEM, and VEA.

ETFs correlated to DBEU include HEZU, HEFA, and DBEF.

ETFs that are inversely correlated to DBEU include EPV, EFZ, and SEF.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.