HEFAvsDBEFETF Comparison
VS
The ETFs iShares Currency Hedged MSCI EAFE ETF (HEFA) and Xtrackers MSCI EAFE Hedged Equity ETF (DBEF) track the MSCI EAFE 100% Hedged to USD Net Total Return Index - USD and belong to the same industry segment: DM Large & Mid Cap. Both ETFs have the same top 3 sector exposures: Finance, Industrials and Technology. HEFA is more expensive with a Total Expense Ratio (TER) of 0.7%, versus 0.35% for DBEF. HEFA is up 13.13% year-to-date (YTD) with +$18M in YTD flows. DBEF performs better with 13.39% YTD performance, and -$133M in YTD flows. Run a side-by-side ETF comparison of HEFA and DBEF below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
HEFA vs DBEF performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 07/29/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | HEFA DBEF | +0.12%+1.02% | +7.55%+7.42% | +13.13%+13.39% | +25.21%+25.62% | +63.35%+63.90% | +89.94%+89.30% |
| Flows | HEFA DBEF | +$258M+$54M | +$125M+$55M | +$18M-$133M | -$185M-$556M | +$1.56B+$1.84B | +$2.57B+$2.29B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | HEFA DBEF | +14.17%+10.09% | +13.06%+10.97% | +13.59%+11.81% | +13.94%+11.99% |
| Max drawdown | HEFA DBEF | -2.55%-2.23% | -9.45%-9.03% | -14.34%-14.53% | -14.65%-14.56% |
| Max drawdown duration | HEFA DBEF | 23d23d | 84d81d | 65d73d | 381d385d |
Trading data
HEFA | DBEF | |
Last sale 7/30/2026 at 1:30 PM | $46.81 | $55.34 |
| Previous close 07/29/2026 | $46.11 | $54.48 |
| Consolidated volume 07/29/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of June 30, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
HEFA | DBEF | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 7/30/2026 at 1:30 PM
Live
Closed
HEFA | DBEF | |
|---|---|---|
| Last price | $46.81 | $55.34 |
| 1D performance | +1.52% | +1.58% |
| AuM | $7.46 B | $9.13 B |
| E/R | 0.7% | 0.35% |
Characteristics
HEFA | DBEF | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | iShares | Xtrackers by DWS |
| Benchmark | MSCI EAFE Index | MSCI EAFE Index |
| N° of holdings | 663 | 818 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | January 31, 2014 | June 8, 2011 |
| ESG | No | No |
Advertisement
Exposure
Countries
HEFA
Japan
23.45%
United Kingdom
13.5%
Switzerland
10.18%
France
8.86%
Germany
8.69%
Netherlands
7.24%
Other
28.09%
DBEF
Japan
23.1%
United Kingdom
13.15%
Switzerland
10.02%
France
8.64%
Germany
8.41%
Other
36.68%
Sectors
HEFA
Finance
26.64%
Industrials
15.94%
Technology
14.12%
Healthcare
10.05%
Consumer Non-Cycl.
8.11%
Other
25.14%
DBEF
Finance
26.04%
Industrials
15.54%
Technology
13.43%
Healthcare
9.72%
Consumer Non-Cycl.
7.95%
Other
27.32%
Advertisement
Diversification
HEFA
Total weight of top 15 holdings out of 15
18.72%
DBEF
Total weight of top 15 holdings out of 15
17.88%
Top 15 holdings
Data as of June 30, 2026
HEFA
ASML Holding NV
3.53%
HSBC Holdings Plc
1.51%
Roche Holding AG
1.34%
Novartis AG
1.32%
AstraZeneca PLC
1.31%
Nestlé SA
1.22%
Siemens AG
1.10%
Shell Plc
1.01%
Tokyo Electron Ltd.
0.98%
Mitsubishi UFJ Financial Group, Inc.
0.97%
BHP Group Ltd.
0.97%
Banco Santander SA
0.92%
Commonwealth Bank of Australia
0.88%
Allianz SE
0.83%
Schneider Electric SE
0.83%
DBEF
ASML Holding NV
3.12%
HSBC Holdings Plc
1.47%
Roche Holding AG
1.32%
Novartis AG
1.29%
AstraZeneca PLC
1.26%
Nestlé SA
1.21%
Siemens AG
1.04%
Shell Plc
0.99%
Mitsubishi UFJ Financial Group, Inc.
0.96%
BHP Group Ltd.
0.95%
Tokyo Electron Ltd.
0.88%
Banco Santander SA
0.88%
Commonwealth Bank of Australia
0.87%
Kioxia Holdings Corp.
0.82%
Schneider Electric SE
0.80%
Frequently asked questions about HEFA and DBEF
How have the HEFA and DBEF ETFs performed in 2026?
As of July 29, 2026, HEFA is up 13.13% year-to-date (YTD), while DBEF has returned 13.39%. That puts DBEF better performer ahead so far this year.
Which ETF is attracting more investor money: HEFA or DBEF?
Year-to-date, the HEFA ETF saw +$18M in flows, compared to -$133M for DBEF.
Which ETF is more volatile: HEFA or DBEF?
Over the past year, HEFA had a volatility of 13.06%, while DBEF experienced 10.97%.
Which ETF is bigger: HEFA or DBEF?
As of July 29, 2026, HEFA holds $7.46 B in assets under management (AUM), while DBEF manages $9.13 B.
What sectors do the HEFA and DBEF ETFs invest in?
HEFA leans toward sectors like Finance, Industrials and Technology. Meanwhile, DBEF focuses on Finance, Industrials and Technology.
What are the top holdings of the HEFA ETF and DBEF ETF?
HEFA top holdings include ASML Holding NV, HSBC Holdings Plc and Roche Holding AG. DBEF holds in its top three: ASML Holding NV, HSBC Holdings Plc and Roche Holding AG.
Which ETF is more diversified: HEFA or DBEF?
HEFA holds 676 securities with 18.72% of its assets in the top 15. DBEF has 834 securities and a top 15 weight of 17.88%.
Advertisement
Latest news about HEFA & DBEF
The “Sell America” Trade, Part 2: Top International ETFs to Watch For 2026
January 14, 2026
DBEF
Currency Risk in International Equity ETFs: To Hedge or Not to Hedge?
December 23, 2025
DBEF
The Two Sides of the Magnificent Seven Sword
June 26, 2024
DBEF
Advertisement
Advertisement
