Key stats
About Xtrackers MSCI EAFE Hedged Equity ETF
Expense ratio
0.35%
Home page
Inception date
Jun 9, 2011
DBEF offers the same plain-vanilla exposure to the MSCI EAFE index as EFA and has the typical weak spots of that index: heavy on the large-caps and without any exposure to Canada. In contrast to EFA though, DBEF has a currency hedge that provides access to local equity returns without currency fluctuations for US investors. This currency hedge substantially alters its performance from any unhedged competitors, especially when there are large movements in the USD relative to DBEF's 3 major currencies: JPY, EUR and GBP. Aside from utilizing 1-month forward contracts, the fund may also use non-deliverable forward (NDF) contracts to execute its hedging transactions.
Classification
What's in the fund
Exposure type
Finance
Cash
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.