DBEZ
Xtrackers MSCI Eurozone Hedged Equity ETF
📎 Investment Objective
The Xtrackers MSCI Eurozone Hedged Equity ETF (DBEZ) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the MSCI EMU 100% Hedged to USD Index.
Overview
ETF tracking Xtrackers MSCI Eurozone Hedged Equity ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Xtrackers MSCI Eurozone Hedged Equity ETF (DBEZ) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the MSCI EMU 100% Hedged to USD Index.
🎯 Investment Strategy
The fund employs a passive management strategy, investing in a portfolio of equity securities that seeks to track the performance of the underlying index. The index is designed to provide exposure to large and mid-cap companies in the Eurozone, with currency exposure hedged back to the U.S. dollar.
✨ Key Features
- Provides exposure to Eurozone equities with currency risk hedged to the U.S. dollar
- Tracks the MSCI EMU 100% Hedged to USD Index, a broad-based Eurozone equity index
- Utilizes a passive, index-tracking investment approach
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Equity market risk: The fund is subject to the risks associated with the European equity market and individual company performance
- Currency risk: While the fund hedges currency exposure, there may be imperfect correlation between changes in the U.S. dollar and the Eurozone currencies
- Tracking error risk: The fund may not perfectly track the performance of the underlying index
- Liquidity risk: The fund may experience lower trading volume or less trading activity compared to other ETFs
👤 Best For
This ETF may be suitable for investors seeking exposure to Eurozone equities with reduced currency risk, as part of a diversified portfolio. It may be particularly attractive for U.S.-based investors looking to gain international exposure while mitigating the impact of currency fluctuations.