New

Explore professionally built ETF model portfolios. Discover now →

Advertisement
Advertisement

REFAvsDBEFETF Comparison

ETF 1
REFA

Columbia Research Enhanced International Equity ETF

This fund is part of
DM Large & Mid Cap
-0.17%
VS
ETF 2
DBEF

Xtrackers MSCI EAFE Hedged Equity ETF

This fund is part of
DM Large & Mid Cap
-0.17%

Columbia Research Enhanced International Equity ETF (REFA) and Xtrackers MSCI EAFE Hedged Equity ETF (DBEF) belong to the same industry segment: DM Large & Mid Cap. REFA's top 3 sector exposures are Industrials, Financials and Health Care. In contrast, DBEF's top sector exposures are Financials, Industrials and Information Technology. REFA is less expensive with a Total Expense Ratio (TER) of 0.32%, versus 0.35% for DBEF. REFA is up 6% year-to-date (YTD) with +$3K in YTD flows. DBEF performs better with 6.27% YTD performance, and -$188M in YTD flows. Run a side-by-side ETF comparison of REFA 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

REFA vs DBEF performance and flow charts

Performance

0.02.04.06.08.0%Mar 30Apr 7Apr 14Apr 21Apr 28

Cumulative Flows

-120 M-100 M-80 M-60 M-40 M-20 M0 MMar 30Apr 7Apr 14Apr 21Apr 28

Get all the metrics on this page, and more, through a reliable ETF data feed

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 04/30/2026
1M3MYTD1Y3Y5Y
Perf.
REFA
DBEF
+5.39%+2.45%
-0.01%+2.31%
+6.00%+6.27%
n/a+26.19%
n/a+59.99%
n/a+85.14%
Flows
REFA
DBEF
+$1K-$125M
+$3K-$247M
+$3K-$188M
--$593M
-+$2.07B
-+$2.32B
Volatility and drawdown
3M1Y3Y5Y
Volatility
REFA
DBEF
+20.49%+15.62%
n/a+10.60%
n/a+11.77%
n/a+12.00%
Max drawdown
REFA
DBEF
-10.47%-9.03%
n/a-9.03%
n/a-14.53%
n/a-14.56%
Max drawdown duration
REFA
DBEF
60d61d
n/a61d
n/a73d
n/a385d
Trading data

Create an account to view trading data

Join for free
REFA
DBEF
Last sale
5/1/2026 at 1:30 PM
$51.19
Previous close
04/29/2026
$51.30
Consolidated volume
04/29/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of April 30, 2026
1-year trailing difference

Create an account to view replication metrics

Join for free

Create an account to view replication quality

Join for free
REFA
DBEF
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Advertisement
Main metrics
Last update 5/1/2026 at 1:30 PM
Live
Closed
REFA
DBEF
Last price
$51.19
1D performance
-0.21%
AuM$5.43 M$8.50 B
E/R0.32%0.35%
Characteristics
REFA
DBEF
Management strategyPassivePassive
ProviderColumbia Threadneedle InvestmentsXtrackers by DWS
BenchmarkBeta Advantage Research Enhanced International Equity IndexMSCI EAFE Index
N° of holdings184652
Asset class-Equities
Trailing 12m distribution yield
Join
Join
Inception dateDecember 11, 2025June 8, 2011
ESGNoNo
Advertisement
Exposure

Countries

REFA
Japan
23.77%
United Kingdom
16.06%
Germany
8.78%
France
8.69%
Switzerland
7.71%
Australia
7.64%
Other
27.35%
DBEF
Japan
23.04%
United Kingdom
14.32%
Switzerland
9.22%
France
9.09%
Germany
8.68%
Other
35.65%

Sectors

REFA
Industrials
21.86%
Financials
18.1%
Health Care
10.68%
Materials
7.34%
Other
42.02%
DBEF
Financials
23.18%
Industrials
18.28%
Information Techn.
8.53%
Consumer Discreti.
8.47%
Health Care
7.91%
Other
33.63%
Advertisement

Diversification

REFA

Total weight of top 15 holdings out of 15

34.39%
DBEF

Total weight of top 15 holdings out of 15

17.68%

Top 15 holdings

Data as of March 31, 2026
REFA
ASML HOLDING
4.98%
NOVARTIS
3.47%
CH1499059983
3.33%
BHP GROUP LTD
3.08%
SHELL PLC
2.38%
ASTRAZENECA
2.19%
HITACHI
2.17%
SONY GROUP CORPORATION
2.14%
MITSUBISHI
1.94%
DEUTSCHE TELEKOM AG
1.79%
SIEMENS ENERGY AG
1.68%
SAFRAN
1.46%
TOKIO MARINE HOLDINGS
1.33%
BRITISH AMERICAN TOBACCO
1.25%
BNP PARIBAS
1.20%
DBEF
ASML HOLDING
2.51%
ASTRAZENECA
1.44%
NOVARTIS
1.39%
CH1499059983
1.35%
HSBC HOLDINGS
1.34%
SHELL PLC
1.29%
NESTLE SA
1.21%
TOYOTA
0.99%
COMMONWEALTH BANK OF AUSTRALIA
0.98%
MITSUBISHI UFJ FINANCIAL GROUP
0.94%
TOTALENERGIES SE
0.88%
SIEMENS
0.88%
BHP GROUP LTD
0.86%
SAP SE
0.84%
BANCO SANTANDER SA
0.78%
Frequently asked questions about REFA and DBEF

How have the REFA and DBEF ETFs performed in 2026?

As of April 30, 2026, REFA is up 6% year-to-date (YTD), while DBEF has returned 6.27%. That puts DBEF better performer ahead so far this year.

Which ETF is attracting more investor money: REFA or DBEF?

Year-to-date, the REFA ETF saw +$3K in flows, compared to -$188M for DBEF.

Which ETF is bigger: REFA or DBEF?

As of April 30, 2026, REFA holds $5.43 M in assets under management (AUM), while DBEF manages $8.50 B.

What sectors do the REFA and DBEF ETFs invest in?

REFA leans toward sectors like Industrials, Financials and Health Care. Meanwhile, DBEF focuses on Financials, Industrials and Information Technology.

What are the top holdings of the REFA ETF and DBEF ETF?

REFA top holdings include ASML HOLDING, NOVARTIS and CH1499059983. DBEF holds in its top three: ASML HOLDING, ASTRAZENECA and NOVARTIS.

Which ETF is more diversified: REFA or DBEF?

REFA holds 192 securities with 34.39% of its assets in the top 15. DBEF has 694 securities and a top 15 weight of 17.68%.

Advertisement
Advertisement
Advertisement
The Active Trader Report

Active Trader Report: Use of Leveraged & Inverse ETFs Way Up

Direxion partnered with Compound Insights and Vanda to explore what’s driving the evolution of active trading — and how active traders are using leveraged and inverse funds across equities, single stocks, commodities, and volatility.

Active Trader Report: Use of Leveraged & Inverse ETFs Way Up