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
$ 2.4 B
ASSETS UNDER MGMT
9 bp
EXPENSES
Fund Basics
| Inception date | Aug 12, 2015 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | Yes |
| Fund of funds | No |
Top 10 Holdings
| SHELL PLC | 5.5 % |
| ROCHE HOLDING AG ORDINARY SHARES NEW | 5.0 % |
| NOVARTIS AG | 4.8 % |
| NESTLE SA-REG | 4.5 % |
| ALLIANZ SE-REG | 4.5 % |
| TOTAL SA | 4.1 % |
| IBERDROLA SA | 3.5 % |
| UNILEVER PLC | 3.2 % |
| DBS GROUP HOLDINGS LTD | 3.1 % |
| NOVO NORDISK A/S-B | 3.0 % |
Constituent Breakdown
| Number of holdings | 141 |
| Herfindahl-Hirschman Index | 240 |
| Wgt avg mkt cap (mns) | $103,172 |
| Large cap (>$10bn) | 87.3% |
| Mid cap ($2-10bn) | 2.1% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 89.6% |
| Emerging mkts. | 0.3% |
Sector Breakdown
Country Exposure
 |
SWITZERLAND | 14.4 % |
 |
BRITAIN | 13.9 % |
 |
FRANCE | 12.6 % |
 |
GERMANY | 9.3 % |
 |
JAPAN | 7.9 % |
 |
SINGAPORE | 6.7 % |
 |
SPAIN | 4.9 % |
 |
DENMARK | 3.2 % |
 |
AUSTRALIA | 2.8 % |
 |
ITALY | 2.3 % |
Historical Performance
Standardized Performance (as of 09/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 4.4% | 10.0% | 9.7% | 12.7% | 7.3% | 3.4% | -- | 2.5% |
| Dividend Yield | 3.6% | 4.4% | 4.6% | 4.8% | 5.0% | 5.2% | -- | 5.1% |
| Total Returns | 7.9% | 14.4% | 14.2% | 17.5% | 12.3% | 8.5% | -- | 7.6% | Ann. Volatility | 12.5% | 11.7% | 13.2% | 12.8% | 14.1% | 16.6% | -- | 17.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.37 | 17% |
| MSCI EAFE | 0.55 | 55% |
| MSCI Emg Mkts | 0.17 | 13% |
Liquidity Measures
| Avg. volume (000) | 177 |
| ADV traded (mns) | $6 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.13% |
Technical Indicators
| 30d moving avg. (EMA) | $33.24 |
| Relative strength (RSI) | 58 |
| MACD/Signal | 0.24/0.05 |
| Bollinger Bands (Upper/Lower) | $34.36/$31.54 |
| Short interest (% of AUM) | 0.1% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. HDEF |
Expenses vs. HDEF |
ALTAR Score™ vs. HDEF |
|---|---|---|---|---|
| LVHI | Franklin International Low Volatility High Dividend Index ET | 33.5% | +31 bp | -0.3% |
| EFV | iShares MSCI EAFE Value ETF | 31.8% | +22 bp | -0.4% |
| EFAV | iShares MSCI EAFE Min Vol Factor ETF | 30.1% | +11 bp | -2.2% |
| IQLT | iShares MSCI Intl Quality Factor ETF | 29.4% | +21 bp | -2.5% |
| DTH | WisdomTree International High Dividend Fund | 29.0% | +49 bp | -0.7% |
| QLVD | FlexShares Developed Markets ex-US Quality Low Volatility In | 27.8% | +6 bp | -1.8% |
| QEFA | SPDR MSCI EAFE StrategicFactors ETF | 26.7% | +21 bp | -1.9% |
| GCOW | Pacer Global Cash Cows Dividend ETF | 25.2% | +51 bp | +0.8% |
| DIVI | Franklin International Core Dividend Tilt Index ETF | 24.3% | 0 bp | -1.3% |
| IMFL | Invesco International Developed Dynamic Multifactor ETF | 23.8% | +25 bp | -0.8% |
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 (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| 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 | --% |
Based on closing prices from 11/1/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
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
8.6%
ALTAR SCORE™
91st
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 425 funds in the International Equity category with an average
ALTAR Score™ of 6.6% and a standard deviation
of 1.5%. HDEF's ALTAR Score™ is approximately 1.3 standard
deviations above the category average. This places HDEF in the 91st percentile
among funds in the category.
Sell-Side Consensus
$38.19
PRICE TARGET
+11.1%
UPSIDE