ETF Copilot
Europe

Is DBEZ a good investment?

Updated October 9, 2026

Xtrackers MSCI Eurozone Hedged Equity ETF (DBEZ) is a Europe-focused ETF. As of October 9, 2026, ETF Copilot scores DBEZ 5.5 out of 10 — highest on Risk (7.8), lowest on Value (3.1). It trades at 16.4 times earnings, against its own median of 15.8. Its ten largest holdings are 29% of the fund.

What stands out in DBEZ's data

Owns eurozone stocks, hedged back into dollars to remove currency risk.

Adds eurozone exposure without the currency swings that come with unhedged European funds.

Why did DBEZ move this week? It fell 1.3% in the week to October 9, 2026 — ASML and Schneider Electric drove it

DBEZ fell 1.3% in the week to October 9, 2026. The holdings that moved it most were ASML (−3.4%), Schneider Electric (−12.3%) and Deutsche Telekom (−7.3%); Totalenergies SE (+5.2%) pushed the other way.

How is DBEZ rated? ETF Copilot scores Xtrackers MSCI Eurozone Hedged Equity ETF (DBEZ) 5.5 out of 10

As of October 9, 2026, ETF Copilot scores Xtrackers MSCI Eurozone Hedged Equity ETF (DBEZ) 5.5 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

  • Overall: 5.5 / 10
  • Growth: 5.2 / 10
  • Value: 3.1 / 10
  • Risk: 7.8 / 10
  • Quality: 5.1 / 10
  • Return: 6.1 / 10

Is DBEZ expensive right now? It trades at 16.4 times earnings, against its own median of 15.8

As of October 9, 2026, DBEZ is more expensive than 60% of its own last 9 years.

Trailing 12 months, built from DBEZ's holdings. How we calculate this →

What's inside DBEZ? 17% Tech

What's inside DBEZ: Size (Large 77%, Mid 19%, Small 4%); Geography (International 100%, US 0%); Tech 16.6%; AI 1.0%; Semiconductors 11.6%; Memory 1.7%.

What are DBEZ's top holdings? The ten largest are 29% of the fund

ASML, Siemens, SAP SE, Banco Santander, Allianz SE, Total, Schneider Electric, Iberdrola, Banco Bilbao Vizcaya Argentari and Airbus SE are DBEZ's largest holdings, in that order.

Less concentrated than 67% of Europe ETFs.

Half of DBEZ's weight sits in its 28 largest positions, and once those weights are taken into account it behaves like 59 equally weighted holdings.

What is DBEZ's expense ratio? 0.45% a year

As of October 9, 2026, DBEZ charges 0.45% a year, yields 1.28% and holds $73M in assets across 592 positions.

Xtrackers MSCI Eurozone Hedged Equity ETF (DBEZ) — cost, income and size
MeasureDBEZ
Expense ratio0.45%
Dividend yield1.28%
Assets under management$73M
Holdings592

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

Cite this

ETF Copilot, “Xtrackers MSCI Eurozone Hedged Equity ETF (DBEZ) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/dbez

ETF Copilot Pro unlocks DBEZ's price and what each holding weighs.

Try Pro free →