Key stats
About Xtrackers MSCI Eurozone Hedged Equity ETF
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Inception date
Dec 10, 2014
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
DBX Advisors LLC
Distributor
ALPS Distributors, Inc.
ISIN
US2330516970
DBEZ tracks an MSCI equity index that mirrors the performance of the entire Eurozone in the developed market, but uses forward currency contracts to neutralize direct exposure to the euro currency. Unlike some of its competitors, which hold only large and mid-caps, DBEZ aims to capture 99% of the Eurozone market, like our segment benchmark. The forward contracts portion in the fund is based on the aggregate exposure of the fund and underlying Index to the euro based on the beginning currency weights each month. The funds strategy should make it a good player as long as hedging costs remain minimal.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Electronic Technology
Stocks99.07%
Finance24.89%
Electronic Technology13.18%
Producer Manufacturing9.62%
Consumer Non-Durables8.59%
Technology Services6.89%
Utilities5.73%
Health Technology5.67%
Process Industries3.93%
Consumer Durables3.64%
Communications3.05%
Energy Minerals2.84%
Industrial Services2.42%
Commercial Services2.16%
Retail Trade1.76%
Transportation1.70%
Non-Energy Minerals1.28%
Consumer Services0.81%
Health Services0.49%
Distribution Services0.39%
Miscellaneous0.01%
Bonds, Cash & Other0.93%
Cash0.58%
UNIT0.16%
Temporary0.16%
ETF0.02%
Rights & Warrants0.00%
Stock breakdown by region
Europe99.98%
North America0.02%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DBEZ invests in stocks. The fund's major sectors are Finance, with 24.89% stocks, and Electronic Technology, with 13.18% of the basket. The assets are mostly located in the Europe region.
DBEZ top holdings are ASML Holding NV and SAP SE, occupying 4.96% and 3.65% of the portfolio correspondingly.
DBEZ last dividends amounted to 1.57 USD. Six months before that, the issuer paid 0.25 USD in dividends, which shows a 83.88% increase.
DBEZ assets under management is 67.06 M USD. It's fallen 13.62% over the last month.
DBEZ fund flows account for 21.78 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, DBEZ pays dividends to its holders with the dividend yield of 3.44%. The last dividend (Jun 27, 2025) amounted to 1.57 USD. The dividends are paid semi-annually.
DBEZ shares are issued by Deutsche Bank AG under the brand Xtrackers. The ETF was launched on Dec 10, 2014, and its management style is Passive.
DBEZ expense ratio is 0.45% meaning you'd have to pay 0.45% of your investment to help manage the fund.
DBEZ follows the MSCI EMU IMI 100% Hedged to USD Net Variant. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DBEZ invests in stocks.
DBEZ price has risen by 1.37% over the last month, and its yearly performance shows a 12.41% increase. See more dynamics on DBEZ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.26% over the last month, showed a 3.51% increase in three-month performance and has increased by 18.40% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.26% over the last month, showed a 3.51% increase in three-month performance and has increased by 18.40% in a year.
DBEZ trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.