DBEZ vs IVV
Xtrackers MSCI Eurozone Hedged Equity ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. DBEZ delivered stronger 1-year returns. DBEZ offers more diversification with 599 holdings.
Side-by-Side Comparison
| Metric | DBEZ | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.45% | 0.03% | |
| AUM | $77M | $907.0B | |
| Dividend Yield | 1.26% | 1.10% | |
| Holdings | 599 | 508 | |
| YTD Return | +13.04% | +12.28% | |
| 1Y Return | +21.17% | +20.94% | |
| 3Y Return (annualized) | +19.18% | +21.81% | |
| 5Y Return (annualized) | +12.22% | +13.05% | |
| Volatility (annualized) | 16.3% | 15.1% | |
| Max Drawdown | -38.8% | -56.5% | |
| Fund Family | Xtrackers ETFs | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Dec 10, 2014 | May 15, 2000 |
DBEZ vs IVV Performance
Xtrackers MSCI Eurozone Hedged Equity ETF (DBEZ) is a ETF from Xtrackers ETFs and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year DBEZ returned +21.17% while IVV returned +20.94%. Year to date, DBEZ is up 13.04% versus a gain of 12.28% for IVV.
Over three years, DBEZ compounded at +19.18% per year against +21.81% for IVV; over five years the annualized figures are +12.22% and +13.05% respectively. Across the full 12-year window we track, DBEZ has the edge at +9.68% annualized vs +6.98%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DBEZ has been the more volatile fund, with annualized monthly volatility of 16.3% compared with 15.1% for IVV. 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 -38.8% for DBEZ and -56.5% for IVV. 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 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DBEZ charges 0.45% per year while IVV 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, DBEZ currently yields 1.26% against 1.10% for IVV.
Holdings Overlap
DBEZ and IVV share 0 holdings out of 1094 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, DBEZ or IVV?
DBEZ has an expense ratio of 0.45% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $42 per year of difference.
Which performed better, DBEZ or IVV?
Over the past year DBEZ returned +21.17% vs +20.94% for IVV, so DBEZ leads on 1-year performance. Over the longest common window we track (12 years), DBEZ annualized +9.68% vs +6.98% for IVV. Past performance does not guarantee future results.
Which is riskier, DBEZ or IVV?
DBEZ has been the more volatile fund at 16.3% annualized versus 15.1% for IVV. Worst drawdown: DBEZ -38.8% vs IVV -56.5%.
Should I hold both DBEZ and IVV?
DBEZ and IVV have a monthly-return correlation of 0.78, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DBEZ and IVV?
DBEZ and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 1094 unique securities.
Which pays a higher dividend, DBEZ or IVV?
DBEZ yields 1.26% while IVV yields 1.10%, so DBEZ currently pays the higher dividend yield.
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