Xtrackers MSCI EAFE High Dividend Yield… (HDEF) Performance
HDEF total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +13.5% since Dec 31, 2025
- 1 year
- +18.3% total return
- 5 years
- +12.8% a year
- 10 years
- +8.9% a year
- Since first price
- +8.0% a year since 2015
HDEF trailing returns vs SPY, QQQ, AGG
| Period | HDEF total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +3.6% | +3.6% | −1.0% | −5.0% | +0.9% |
| 3 months | +3.6% | +2.9% | +3.2% | +1.9% | −0.4% |
| 6 months | +6.6% | +3.5% | +7.8% | +8.4% | −1.5% |
| YTD | +13.5% | +9.7% | +12.3% | +15.1% | −1.0% |
| 1 year | +18.3% | +13.7% | +14.4% | +15.9% | −1.1% |
| 3 years | +75.8%+20.7%/yr | +55.2% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +82.9%+12.8%/yr | +45.7% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +134.4%+8.9%/yr | +43.9% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionAug 18, 2015 | +136.6%+8.0%/yr | +38.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: HDEF vs SPY
From Aug 18, 2015: HDEF grew to $23,662, SPY to $43,518.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
HDEF returns by calendar year
7 of 10 full years positive. Best 2025 (+33.1%), worst 2018 (−13.7%). 2026 is year to date.
HDEF annual returns table
| Year | HDEF | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +13.5% | −8.0% | +12.3% | +15.1% | −1.0% |
| 2025 | +33.1% | −10.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +2.9% | −11.2% | +24.9% | +25.6% | +1.3% |
| 2023 | +18.5% | −8.8% | +26.2% | +54.9% | +5.7% |
| 2022 | −2.5% | −23.6% | −18.2% | −32.6% | −13.0% |
| 2021 | +7.0% | −9.3% | +28.7% | +27.4% | −1.8% |
| 2020 | −1.9% | −36.4% | +18.3% | +48.6% | +7.5% |
| 2019 | +25.0% | −7.8% | +31.2% | +39.0% | +8.5% |
| 2018 | −13.7% | −17.5% | −4.6% | −0.1% | +0.1% |
| 2017 | +9.9% | −4.3% | +21.7% | +32.7% | +3.6% |
| 2016 | +11.3% | −9.1% | +12.0% | +7.1% | +2.4% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
HDEF largest drawdowns
Now 0.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 2, 2020 | −36.4% | Mar 23, 2020 | Jan 6, 2021 | 3 months | 1.0 years |
| Feb 9, 2022 | −23.6% | Sep 27, 2022 | Apr 4, 2023 | 8 months | 1.1 years |
| Jan 22, 2018 | −17.5% | Dec 24, 2018 | Oct 24, 2019 | 11 months | 1.8 years |
| Aug 18, 2015 | −15.1% | Feb 9, 2016 | Aug 10, 2016 | 6 months | 12 months |
| Sep 26, 2024 | −11.2% | Dec 19, 2024 | Mar 5, 2025 | 3 months | 5 months |
| Mar 18, 2025 | −10.6% | Apr 8, 2025 | Apr 22, 2025 | 21 days | 35 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
HDEF risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2015 |
|---|---|---|---|---|
| Annualized return | +17.5% | +12.3% | +8.5% | +8.1% |
| Volatility (annualized) | 11.7% | 14.7% | 14.8% | 14.6% |
| Sharpe ratio | 1.07 | 0.62 | 0.48 | 0.47 |
| Sortino ratio | 1.92 | 1.00 | 0.73 | 0.71 |
| Best month | +6.9% | +13.8% | +14.9% | +14.9% |
| Worst month | −5.2% | −8.4% | −15.1% | −15.1% |
| Best 12 months | +35.9% | +35.9% | +35.9% | +35.9% |
| Worst 12 months | +2.9% | −15.3% | −15.3% | −15.3% |
| Positive months | 61% | 60% | 58% | 58% |
| Beta vs S&P 500 | 0.24 | 0.54 | 0.66 | — |
| Correlation with S&P 500 | 0.26 | 0.57 | 0.69 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
HDEF rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 123 | −15.3% | +11.3% | +35.9% | 74% |
| 3-year (a year) | 99 | −5.7% | +6.2% | +22.7% | 90% |
| 5-year (a year) | 75 | −1.6% | +6.1% | +13.9% | 97% |
| 10-year (a year) | 15 | +7.2% | +8.7% | +9.8% | 100% |
Every holding period starting at a month-end since 2015. Returns for 3 years and longer are annualized.
HDEF performance overview
Xtrackers MSCI EAFE High Dividend Yield… (HDEF) returned +18.3% over the past year and +8.9% a year over ten years, with distributions reinvested. Since its first recorded price in 2015 it has returned +8.0% a year, turning $10,000 into about $23,662. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −36.4%, from Jan 2, 2020 to Mar 23, 2020, and it took 9 months to get back to the old high. HDEF finished 7 of its 10 full calendar years with a gain; the best year was 2025 (+33.1%) and the worst 2018 (−13.7%). Volatility has been 14.6% a year.
Related: HDEF chart, HDEF holdings, HDEF dividends. See the HDEF overview for the latest quote and fund facts.
HDEF performance FAQ
What is the HDEF return over the past year?
HDEF returned +18.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 13.7%.
What is the average annual return of HDEF?
HDEF has returned +12.8% a year over 5 years, +8.9% a year over 10 years, +8.0% a year since August 18, 2015 (total return, distributions reinvested).
How much would $10,000 invested in HDEF be worth?
$10,000 invested in HDEF at its first recorded close on August 18, 2015 would be worth about $23,662 on October 23, 2026 with distributions reinvested.
What was the worst year for HDEF?
The worst calendar year was 2018, with a total return of −13.7%. The best was 2025 at +33.1%.
What is the biggest drawdown of HDEF?
The largest peak-to-trough decline was −36.4% between January 2, 2020 and March 23, 2020. It recovered to the old high on January 6, 2021, 9 months after the bottom.
How volatile is HDEF?
Over the past 3 years HDEF had an annualized volatility of 11.7% and a Sharpe ratio of 1.07 (excess return over 1–3 month T-bills per unit of risk).