DBEF had $9 billion in AUM as of April 9. Said another way, the ETF’s AUM total surged 50% in a month. In mid-October, DBEF had just over $800 million in assets under management. That number grew to $4.6 billion by the end of February.
The currency hedged advantage is continuing in 2015. Importantly, currency hedged ETFs are showing advisors and investors the advantages of muting currency risk in a strong dollar environment. DBEF is up 15.6% this year. Neither the rival iShares MSCI EAFE ETF (NYSEArca: EFA) nor the Vanguard FTSE Developed Markets ETF (NYSEArca: VEA) are up 9%.
DBEF’s 919 constituents can hail from 21 countries, including the following: Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.
Deutsche X-trackers MSCI EAFE Hedged Equity ETF
Tom Lydon’s clients own shares of EFA and HEDJ.