DBEZ vs VYM
Xtrackers MSCI Eurozone Hedged Equity ETF vs Vanguard High Dividend Yield ETF
Which is better, DBEZ or VYM?
Large Cap Blend against Large Cap Value.
VYM has a lower expense ratio. DBEZ led over 1Y, 3Y and the full window, VYM over 5Y. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 27.4%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DBEZ | VYM |
|---|---|---|
| Expense Ratio | 0.45% | 0.04%Best |
| AUM | $75M | $81.6B |
| Dividend Yield | 1.25% | 2.22% |
| Holdings | 599 | 613 |
| YTD Return | +11.41% | +13.75%Best |
| 1Y Return | +21.33%Best | +19.42% |
| 3Y Return (annualized) | +18.25%Best | +18.22% |
| 5Y Return (annualized) | +11.84% | +12.17%Best |
| Volatility (annualized) | 16.2% | 13.9%Best |
| Max Drawdown | -38.8% | -35.7%Best |
| $10,000 over 5 years | $17,498 | $17,758Best |
| Top 10 Weight | 27.4% | 25.9%Best |
| Fund Family | Xtrackers ETFs | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Dec 10, 2014 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Dec 15, 2014 to Sep 9, 2026 (11.7 years).
DBEZ vs VYM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 11.7 years both funds cover.
DBEZ vs VYM Performance
Xtrackers MSCI Eurozone Hedged Equity ETF (DBEZ) is an ETF from Xtrackers ETFs and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year DBEZ returned +21.33% while VYM returned +19.42%. Year to date, DBEZ is up 11.41% versus a gain of 13.75% for VYM.
Over three years, DBEZ compounded at +18.25% per year against +18.22% for VYM; over five years the annualized figures are +11.84% and +12.17% respectively. Across the full 12-year window we track, DBEZ has the edge at +9.49% annualized vs +9.34%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DBEZ has been the more volatile fund, with annualized monthly volatility of 16.2% compared with 13.9% for VYM. 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 -35.7% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 VYM charges 0.04%. On a $10,000 position that is $45 vs $4 annually, a gap of $41 per year that compounds over a long holding period. On income, DBEZ currently yields 1.25% against 2.22% for VYM.
Holdings Overlap
0.1% of DBEZ's money is in holdings VYM also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 587 positions we hold weights for in DBEZ and 603 in VYM, against full books of 599 and 613.
What only one of them owns
Our book lists 566 positions for VYM that do not appear in our book for DBEZ (97.2% of the fund), and 9 for DBEZ that do not appear in VYM (1.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in DBEZ | Weight in VYM | Difference |
|---|---|---|---|
| AMAntero Midstream Corp | 0.08% | 0.03% | 0.05% |
You are not choosing between two funds in isolation.
Whichever of DBEZ and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DBEZ or VYM?
DBEZ has an expense ratio of 0.45% while VYM charges 0.04%. VYM is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, DBEZ or VYM?
Over the past year DBEZ returned +21.33% vs +19.42% for VYM, so DBEZ leads on 1-year performance. Over the longest common window we track (12 years), DBEZ annualized +9.49% vs +9.34% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DBEZ or VYM?
DBEZ has been the more volatile fund at 16.2% annualized versus 13.9% for VYM. Worst drawdown: DBEZ -38.8% vs VYM -35.7%.
Should I hold both DBEZ and VYM?
DBEZ and VYM have a monthly-return correlation of 0.78, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, DBEZ or VYM?
DBEZ yields 1.25% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than DBEZ?
VYM has a lower expense ratio. DBEZ led over 1Y, 3Y and the full window, VYM over 5Y. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 27.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.