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DBEZ ETF · Xtrackers MSCI Eurozone Hedged Equity ETF
The DBEZ Exchange Traded Fund (ETF) is provided by Xtrackers by DWS. It is built to track an index: MSCI EMU IMI Index. The DBEZ ETF provides physical exposure, so by buying it you actually own parts of all the 597 underlying holdings. This share class generates a stream of income by distributing dividends.
Last update 3/13/2026, 1:30 PM UTC
LIVE
CLOSED
This fund is part ofEurope Blended Cap1M perf.-7.16%
Last price
$55.16
1M perf.
-3.71%
1M flows
+€4.5M
AuM
€60M
E/R
0.45%
Rating
ESG Consensus®
DBEZ
$55.16
Performance & flows
Segment for quartile rank
December 15, 2025 → March 13, 2026
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DBEZ
$55.41
+1.23%
Europe Blended Cap
-0.70%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | -3.71%  | +1.23%  | +15.38%  | +56.40%  | +73.41% | -6.24% | +0.07% | +0.07% | |
| Flows |
Key fund info
Segment for quartile rank
This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
Issuer
CUSIP
233051697
ISIN
US2330516970
AuM
€60M
E/R
0.45%
Replication rating
ESG Consensus®
More details
NAV
3/13/2026
$55.39
1D NAV change
-0.46%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
597
Inception date
12/10/2014
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Fund
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Investment strategy
With active central banks, currency fluctuations are very prevalent in today’s market. These fluctuations can lead international investors to take on additional currency risk—the potential for diminished returns as foreign currencies move against the U.S. dollar. Currency-hedged investments seek to minimize currency risk and provide the potential for higher returns than their unhedged counterparts, especially during periods of U.S. dollar strength. Deutsche X-trackers 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.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Enterprise
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Learn more about Trackinsight EnterpriseSimilar ETFs in your region
EXSI
1M perf.
-3.96%
E/R
0.2%
EMUU
1M perf.
-3.56%
E/R
0.38%
EMUC
1M perf.
-4.03%
E/R
0.38%
CSEMU
1M perf.
-3.81%
E/R
0.12%
EEAG
1M perf.
-3.58%
E/R
0.06%
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Risk profile
Segment for quartile rank
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +1.23% | +15.38% | +56.40% | +73.41% |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
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Enterprise
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Learn more about Trackinsight EnterpriseExposure
Countries
Germany
26.13%
France
25.54%
Netherlands
17.95%
Spain
10.22%
Italy
8.45%
Finland
3.47%
Belgium
2.90%
Ireland
1.29%
Unavailable
0.95%
Other
3.10%
Sectors
Financials
22.45%
Industrials
20.32%
Information Technology
13.65%
Consumer Discretionary
10.54%
Utilities
6.26%
Consumer Staples
5.27%
Health Care
5.13%
Materials
4.22%
Unavailable
3.87%
Other
8.29%
Diversification
Total weight of top 15 holdings out of 597
Top 15 holdings
Data as of January 31, 2026
ASML HOLDING
SAP SE
SIEMENS
BANCO SANTANDER SA
LVMH MOET HENNESSY LOUIS VUITT
ALLIANZ SE
SCHNEIDER ELECTRIC SE
AIRBUS SE
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BBVA
IBERDROLA SA
TOTALENERGIES SE
SAFRAN
SIEMENS ENERGY AG
UNICREDIT SPA
DEUTSCHE TELEKOM AG
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Built for professionals: access exclusive exposure metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseSustainability
Integrates ESG criteria
No
SDG
ESG Consensus® by Conser
Data as of December 31, 2025
MethodologyOur partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about DBEZ ETF's sustainability, based on their methodology.
ESG Consensus®
ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.
DBEZ’s has a Final Sustainability Grade of either B+, B, or B-.
A+
A
A-
B+
B
B-
C+
C
C-
D
This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
Learn more about Trackinsight EnterpriseHoldings review
74.13% of holdings have positive scoring
26.82% of holdings have negative scoring
10.79%
47.75%
15.59%
6.99%
15.34%
Consensus levels
Strong
Medium
Weak
Built for professionals: access exclusive sustainability metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseReplication
Trackinsight replication rating:
Replication quality
Calculated over 12m, as of February 27, 2026
Tracking error
Tracking difference
Replication information
Index
MSCI EMU IMI US Dollar Hedged Net Total Return Index - USD
Index ticker
MIMUEHR Index
Index dividend policy
NTR
Replication method
Replication model
Built for professionals: access exclusive replication metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseIssuer
Xtrackers by DWS
Xtrackers by DWS ID Card
Number of funds
490
Total AuM
€323.47B
Expense ratio range
0.03% - 0.95%
Average expense ratio
0.2452%
Top 5 funds by Xtrackers by DWS
| AuM | ||
|---|---|---|
XEON | Xtrackers II EUR Overnight Rate Swap UCITS ETF | €19.33B |
XDWD | Xtrackers MSCI World UCITS ETF | €16.51B |
XMME | Xtrackers MSCI Emerging Markets UCITS ETF | €9.66B |
XD9U | Xtrackers MSCI USA UCITS ETF | €9.25B |
XDEW | Xtrackers S&P 500 Equal Weight UCITS ETF | €9.22B |
Frequently asked questions about DBEZ
What does Xtrackers MSCI Eurozone Hedged Equity ETF, DBEZ, invest in?
DBEZ is a Passive ETF. This ETF provides exposure to Eurozone Equities.
Which benchmark or index does DBEZ replicate?
DBEZ tracks the MSCI EMU IMI US Dollar Hedged Net Total Return Index - USD, through a full replication replication method.
What is the Total Expense ratio (TER) of DBEZ?
DBEZ carries a total expense ratio (TER) of 0.45%, indicating the annual cost for holding the fund.
When was DBEZ launched?
DBEZ was introduced to the market on December 10, 2014. It trades on United States
Who is the ETF issuer of DBEZ?
Xtrackers MSCI Eurozone Hedged Equity ETF, DBEZ, is provided by Xtrackers by DWS. Learn more about Xtrackers by DWS here.
What is the current assets under management (AUM) of DBEZ?
DBEZ oversees €60M in assets as of March 13, 2026.
How has DBEZ performed lately?
Based on data from March 13, 2026, DBEZ returned -3.71% over the past month, 1.23% over the last three months and 0.07% year-to-date.
What are the latest inflows or outflows for DBEZ?
As of March 13, 2026, DBEZ recorded net flows of +€4.5M over the last month and +€4.5M year-to-date.
Does DBEZ distribute dividends?
DBEZ follows a distributing dividend policy, meaning it pays out income to investors. As of March 13, 2026, its 12-month trailing yield was 4.18%.
What are the main country or region exposures of DBEZ?
As of January 31, 2026, DBEZ has significant geographic allocations in Germany, France and Netherlands.
In which sector or theme does DBEZ invest in?
As of January 31, 2026, DBEZ focuses largely on Financials, Industrials and Information Technology.
How many securities does DBEZ hold and how diversified is it?
As of January 31, 2026, DBEZ holds 597 positions in its portfolio, with 33.24% of assets concentrated in its top 15 holdings.
What are the main positions in DBEZ?
As of January 31, 2026, DBEZ top three holdings include ASML HOLDING, SAP SE and SIEMENS.
What is the base currency of DBEZ?
The base currency of DBEZ is USD.
Is DBEZ currency-hedged?
DBEZ is hedged, meaning it seeks to minimize the impact of currency fluctuations between its base currency and the currency of the underlying assets.
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