HDEF

Xtrackers MSCI EAFE High Dividend Yield Equity ETF

The Xtrackers MSCI EAFE High Dividend Yield Hedged Equity ETF tracks a cap-weighted index of developed country stocks, ex-North America, selected by quality and dividend factors. The fund is currency hedged for USD investors.


International

EQUITY

Rules-Based

MANAGEMENT STYLE

1.6 B

ASSETS UNDER MGMT

9 bp

EXPENSES
Fund Basics
Fund sponsorDeutsche Bank
CategoryInternational
Asset classEquity
Websitelink...
Inception dateAug 12, 2015
Assets (mns)$1,624
Expense ratio9 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-End Investment Company
DistributionsQuarterly
Taxation1099
Stock selectionMulti-Factor
WeightingMarket Cap
Holdings TransparencyFull
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings
ROCHE HOLDING AG-BR 6.9 %
NOVARTIS AG 5.4 %
UNILEVER PLC 5.3 %
TOTAL SA 4.7 %
BHP BILLITON LTD 4.5 %
SANOFI-AVENTIS 4.1 %
ALLIANZ SE-REG 3.9 %
ZURICH FINANCIAL SERVICES AG 2.7 %
RIO TINTO PLC 2.5 %
BRITISH AMERICAN TOBACCO PLC 2.4 %
Constituent Breakdown
Number of holdings134
Herfindahl-Hirschman Index 257
Wgt avg mkt cap (mns)$71,294
Large cap (>$10bn)86.2%
Mid cap ($2-10bn)7.7%
Small cap (<$2bn)0.0%
Developed mkts.99.9%
Emerging mkts.0.1%
Country Exposure
SWITZERLAND 22.7 %
BRITAIN 19.4 %
FRANCE 16.0 %
AUSTRALIA 9.2 %
GERMANY 6.8 %
JAPAN 5.6 %
SINGAPORE 4.9 %
NETHERLANDS 2.5 %
HONG KONG 2.4 %
SWEDEN 2.1 %
Historical Performance


Standardized Performance (as of 11/30/2024)
 YTD1 YR2 YR3 YR5 YR10 YRIncep.
Total Returns 6.2% 12.0% 12.8% 9.5% 6.3% -- 6.0%
Volatility 11.4% 11.6% 13.2% 14.8% 18.9% -- --
Market Correlations
versus...BetaR-squared
S&P 5000.6850%
MSCI EAFE0.8985%
MSCI Emg Mkts0.7764%
Liquidity Measures
Avg. volume (000)375
Turnover0.6%
Avg. Bid/Ask (% of price)0.05%
ADV of underlying (mns)$5,471
Technical Indicators
Recent close$24.16
30d moving avg.$25.02
Annualized volatility16.8%
Relative strength (RSI)45
Short interest (ETF)0.4%
Short interest (underlying)0.0%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Risk and Returns: HDEF vs. Comps (1 YR)

Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.

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Results & Estimates
  2019 2020 2021 2022 2023 2024E 2025E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Book value per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

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Valuation Metrics
  2023 2024E Fwd Est 2025E
Price-to-sales --x --x --x --x
Price-to-earnings --x --x --x --x
Price-to-cash flow --x --x --x --x
Price-to-growth --x --x --x --x
Price-to-book value --x --x --x --x
Yield --% --% --x --%
0.9 10.1 1.3 5.5% --
Based on closing prices from 12/23/2024
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
HDEF



Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.

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ETF Research Center Rating

SPECULATIVE

Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™

HDEF

10.2%

Cat. Avg

7.5%


ALTAR Score™ Calculation

Category Overview
There are 267 funds in the International Equity category, with an average ALTAR Score™ of 7.5% and a standard deviation of 2.7%. HDEF's ALTAR Score™ is approximately 1.0 standard deviations above the category average. This places HDEF in the 84th percentile among funds in the category.
Sell Side Consensus Rating

Sell-side recommendations on the ETF's individual constituents

HDEF
Peer Average
SELL
U/W
HOLD
O/W
BUY
Factor Scorecard

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Expense Analysis

Peer Group Rules-Based
International Equity ETFs
# of ETFs 152
Avg. Expense Ratio 42.9 bp
Std. Deviation 24.3 bp
HDEF (9 bp) Percentile rank 8
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
HDEF 9.0 5.1 14.1
Peer Avg. 42.6 27.0 69.6
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .