DBEU vs VOO
Xtrackers MSCI Europe Hedged Equity ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. DBEU delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | DBEU | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.45% | 0.03% | |
| AUM | $800M | $997.4B | |
| Dividend Yield | 1.40% | 1.08% | |
| Holdings | 410 | 509 | |
| YTD Return | +12.54% | +12.95% | |
| 1Y Return | +22.49% | +20.69% | |
| 3Y Return (annualized) | +17.69% | +22.09% | |
| 5Y Return (annualized) | +11.66% | +13.40% | |
| Volatility (annualized) | 12.7% | 14.1% | |
| Max Drawdown | -34.5% | -34.3% | |
| Fund Family | Xtrackers ETFs | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Oct 1, 2013 | Sep 7, 2010 |
DBEU vs VOO Performance
Xtrackers MSCI Europe Hedged Equity ETF (DBEU) is a ETF from Xtrackers ETFs and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year DBEU returned +22.49% while VOO returned +20.69%. Year to date, DBEU is up 12.54% versus a gain of 12.95% for VOO.
Over three years, DBEU compounded at +17.69% per year against +22.09% for VOO; over five years the annualized figures are +11.66% and +13.40% respectively. Across the full 13-year window we track, VOO has the edge at +13.50% annualized vs +9.90%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 12.7% for DBEU. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -34.5% for DBEU and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DBEU charges 0.45% per year while VOO charges 0.03%. On a $10,000 position that is $45 vs $3 annually, a gap of $42 per year that compounds over a long holding period. On income, DBEU currently yields 1.40% against 1.08% for VOO.
Holdings Overlap
DBEU and VOO share 0 holdings out of 904 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DBEU or VOO?
DBEU has an expense ratio of 0.45% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $42 per year of difference.
Which performed better, DBEU or VOO?
Over the past year DBEU returned +22.49% vs +20.69% for VOO, so DBEU leads on 1-year performance. Over the longest common window we track (13 years), DBEU annualized +9.90% vs +13.50% for VOO. Past performance does not guarantee future results.
Which is riskier, DBEU or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 12.7% for DBEU. Worst drawdown: DBEU -34.5% vs VOO -34.3%.
Should I hold both DBEU and VOO?
DBEU and VOO have a monthly-return correlation of 0.79, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DBEU and VOO?
DBEU and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 904 unique securities.
Which pays a higher dividend, DBEU or VOO?
DBEU yields 1.40% while VOO yields 1.08%, so DBEU currently pays the higher dividend yield.
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