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ETFs

Xtrackers MSCI Eurozone Hedged Equity ETF

DBEZ
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 10 2014
Expense Ratio
0.47%
Type
Global Ex. US Equities
Fund Owner
DWS
Volume (1m avg. daily)
$264,924
AUM
$37,025,011
Associated Index
MSCI EMU IMI U.S. Dollar Hedged Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

ASML
ASML Holding NV
4.42%
MC
Lvmh Moet Hennessy Vuitton SE
3.98%
TTE
TotalEnergies SE
2.75%
SAP
Sap SE
2.57%
SAN
Sanofi
2.29%
SIE
Siemens AG - Registered Shares
2.00%
OR
L`Oreal
1.90%
ALV
Allianz SE - Registered Shares
1.85%
AI
Air Liquide S.A
1.66%
SU
Schneider Electric SE
1.66%
Invest with DBEZ

What is DBEZ?

Xtrackers MSCI Eurozone Hedged Equity ETF (DBEZ) seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI EMU IMI U.S. Dollar Hedged Index. DBEZ offers investors purer access to Eurozone equities while seeking to mitigate exposure to currency fluctuations between the U.S. dollar and the euro.

ETFs related toDBEZ

ETFs correlated to DBEZ include HEZU, DBEU, HEDJ

DBEZ
DBX ETF Trust - Xtrackers MSCI Eurozone Hedged Equity ETF
HEZU
BlackRock Institutional Trust Company N.A. - iShares Currency Hedged MSCI EMU ETF
DBEU
DBX ETF Trust - Xtrackers MSCI Europe Hedged Equity ETF
HEDJ
WisdomTree Trust - WisdomTree Europe Hedged Equity Fund
DBEF
DBX ETF Trust - Xtrackers MSCI EAFE Hedged Equity ETF
HEFA
BlackRock Institutional Trust Company N.A. - iShares Currency Hedged MSCI EAFE ETF
IHDG
WisdomTree Trust - WisdomTree International Hedged Quality Dividend Growth Fund
HFXI
IndexIQ ETF Trust - IQ FTSE International Equity Currency Neutral ETF
EZU
BlackRock Institutional Trust Company N.A. - iShares MSCI EMU ETF
FEZ
SSgA Active Trust - SPDR EURO Stoxx 50 ETF
EWQ
BlackRock Institutional Trust Company N.A. - iShares MSCI France 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 toDBEZ

#DRAG

Copy the Dragon Portfolio

Category

Go Global, Copy the Greats

Risk Rating

Aggressive

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with DBEZ using Composer

FAQ

DBEZ is a Global Ex. US Equities ETF. Xtrackers MSCI Eurozone Hedged Equity ETF (DBEZ) seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI EMU IMI U.S. Dollar Hedged Index. DBEZ offers investors purer access to Eurozone equities while seeking to mitigate exposure to currency fluctuations between the U.S. dollar and the euro.

DBEZ tracks the MSCI EMU IMI U.S. Dollar Hedged Index.

No, DBEZ 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, DBEZ 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 DBEZ is -0.014%. This is the percent change in the value of DBEZ over the most recent 1-month period. The 3-month return on DBEZ is -0.0184%. This is the percent change in the value of DBEZ over the most recent 3-month period.

The standard deviation of DBEZ for the past year is 0.1579%. 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 DBEZ include VEA, EFA, and EEM.

ETFs correlated to DBEZ include HEZU, DBEU, and HEDJ.

ETFs that are inversely correlated to DBEZ include EPV, EFZ, and SH.

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.