Which returned more over the last year, APIE or DBEF?

In the year to Nov 4, 2026, with distributions reinvested, APIE returned +11.9% and DBEF +19.9%.

Which is cheaper, APIE or DBEF?

DBEF is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do APIE and DBEF overlap with the S&P 500?

By their latest filed holdings, 1% of APIE and 0% of DBEF by weight is stocks the S&P 500 already holds.

Data as of Nov 4, 2026.

Across categories

APIE vs DBEF: Differences, Returns & Fees

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Over the year to Nov 4, 2026, APIE returned +11.9% to DBEF's +19.9%; 50% of their weight is in the same names.

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Net assets: $1.2bn on Aug 31, 2026 for ActivePassive International Equity ETF, and $9.3bn on Nov 2, 2026 for Xtrackers MSCI EAFE Hedged Equity ETF.

APIE on its own →DBEF on its own →

At a glance

+11.9%

APIE total return, 1 year

+19.9%

DBEF total return, 1 year

0.45%

APIE expense ratio

0.35%

DBEF expense ratio

Pair scorecard

DBEF costs 0.10 points a year less; their one-year returns differ by 8.0 points.

APIE vs DBEF: Differences, Returns & Fees
Measure	APIE	DBEF
Return
Measure	APIE	DBEF
Total return, 1 year	+11.9%	+19.9%
Drawdown
Measure	APIE	DBEF
Below its high	4.1%, high on Aug 10, 2026
Benchmark
Measure	APIE	DBEF
What it tracks	No index, actively managed	MSCI EAFE US Dollar Hedged Index
Cost and size
Measure	APIE	DBEF
Expense ratio	0.45%	0.35%
Net assets, APIE as of Aug 31, 2026 and DBEF as of Nov 2, 2026	$1.2bn	$9.3bn
Holdings
Measure	APIE	DBEF
Holdings in common	50%
Top ten holdings, share of the fund	23.4%	13.5%

Method

What they share

50%

By the books each fund has filed, APIE and DBEF hold 50% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026.

50%

0 half 100%

half

50% in common

Positions both hold · largest shared weight first APIE DBEF

ASML Holding NV 1.75% 2.88%

Roche Holding AG 1.09% 1.35%

AstraZeneca PLC 1.01% 1.08%

HSBC Holdings PLC 1.01% 1.57%

SAP SE 1.27% 0.99%

Siemens AG 0.95% 1.06%

Novartis AG 0.81% 1.23%

Shell PLC 0.78% 1.11%

Rolls-Royce Holdings PLC 0.83% 0.76%

Allianz SE 0.75% 0.88%

Mitsubishi UFJ Financial Group 0.69% 1.08%

BHP Group Ltd 0.68% 1.06%

Only in one fund ↓

Only in APIE

TSMC 11.50%

Tencent Holdings Ltd 2.46%

Alibaba Group Holding Ltd 1.51%

LVMH Moet Hennessy Louis Vuitt 0.72%

China Construction Bank Corp 0.65%

Sumitomo Mitsui Financial Grou 0.51%

ABB Ltd 0.51%

HDFC Bank Ltd 0.48%

Only in DBEF

TOTALENERGIES SE 0.75%

SUMITOMO MITSUI FINANCIAL GROUP INC 0.70%

ABB LTD (CH) 0.67%

LVMH MOET HENNESSY LOUIS VUITTON SE 0.57%

COMPAGNIE FINANCIERE RICHEMONT SA 0.56%

L'AIR LIQUIDE SA 0.54%

KEYENCE CORP 0.43%

WESTPAC BANKING CORP 0.38%

Check overlap with more funds →

Side by side

APIE ActivePassive International Equity ETF DBEF Xtrackers MSCI EAFE Hedged Equity ETF

Where it sits Stock ETF Stock ETF

Issuer Envestnet Xtrackers

What it is Actively managed Tracks an index

Total return, 1 year +11.9% +19.9%

Its benchmark over the same days not measured +16.9% (EFA)

Gap to its benchmark not measured +3.0 pts vs EFA

Expense ratio 0.45% 0.35%

Already in the S&P 500 0.7% 0.0%

Holdings 547 661

Net assets, APIE as of Aug 31, 2026 and DBEF as of Nov 2, 2026 $1.2bn $9.3bn

APIE and DBEF on the fields both publish, as of Nov 4, 2026. Source: ETFIQ.

Client brief:

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About each fund

APIE

APIE is actively managed and tracks no index. Over the year to Nov 4, 2026 it returned +11.9% with distributions reinvested. The prospectus expense ratio is 0.45% a year. By its holdings filed for Aug 31, 2026, 1% of the fund by weight is stocks the S&P 500 also holds, across 547 positions, with the top ten at 23.4%. It sat 4.1% below its high of Aug 10, 2026 on Nov 4, 2026.

DBEF

DBEF tracks an index. Over the year to Nov 4, 2026 it returned +19.9% with distributions reinvested, against +16.9% for its benchmark, the MSCI EAFE Index. The prospectus expense ratio is 0.35% a year. By its holdings filed for Aug 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 661 positions, with the top ten at 13.5%.

Questions people ask

Which returned more over the last year, APIE or DBEF?: In the year to Nov 4, 2026, with distributions reinvested, APIE returned +11.9% and DBEF +19.9%.
Which is cheaper, APIE or DBEF?: DBEF is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do APIE and DBEF overlap with the S&P 500?: By their latest filed holdings, 1% of APIE and 0% of DBEF by weight is stocks the S&P 500 already holds.

Other comparisons

APIE vs SPDW APIE vs IXUS APIE vs VEU APIE vs SCHF DBEF vs IQDF DBEF vs DFSI DBEF vs SEIE DBEF vs MFSI

Where to next

APIE on its own →DBEF on its own →Hold both: look the portfolio through →Rankings →APIE dividend history →APIE holdings →DBEF dividend history →DBEF holdings →Standards and sources →

Sources and dates

APIE filings on SEC EDGAR ↗

APIE prospectus with the expense ratio (SEC) ↗

Envestnet website ↗

DBEF filings on SEC EDGAR ↗

DBEF prospectus with the expense ratio (SEC) ↗

Xtrackers website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, APIE against DBEF, data as of Nov 4, 2026. https://etfiq.com/compare/any/apie-vs-dbef

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.