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

In the year to Oct 9, 2026, with distributions reinvested, DBEF returned +18.5% and SPDW +19.7%.

Which is cheaper, DBEF or SPDW?

SPDW is cheaper, by 0.32 percentage points a year. That is about $32 on $10,000 held for a year. Fees come from each fund's prospectus.

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

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

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DBEF vs SPDW: Differences, Returns & Fees

DBEF and SPDW hold 68% of their weight in the same names, and SPDW returned +19.7% over the year. Net assets: $9.2bn on Oct 9, 2026 for Xtrackers MSCI EAFE Hedged Equity ETF, and $40.5bn on Oct 8, 2026 for State Street SPDR Portfolio Developed World ex-US ETF.

SPDW costs 0.32 points a year less; their one-year returns differ by 1.2 points; SPDW is 4.4 times larger.

	DBEF	SPDW
Expense ratio	0.35%	0.03%
Net assets, as of Oct 8, 2026	$9.1bn	$40.5bn
Total return, 1 year	+18.5%	+19.7%
What it tracks	MSCI EAFE US Dollar Hedged Index	S&P Developed Ex-U.S. BMI Index ?
Holdings in common	68%
Top ten holdings, share of the fund	13.3%	12.9%
Below its high	3.1%, high on Aug 13, 2026	4.5%, high on Sep 4, 2026

Holdings in common uses holdings dated May 29, 2026 and Oct 8, 2026.

+18.5%

DBEF total return, 1 year

+19.7%

SPDW total return, 1 year

0.35%

DBEF expense ratio

0.03%

SPDW expense ratio

What they hold in common

By the books each fund has filed, DBEF and SPDW hold 68% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 29, 2026 and Oct 8, 2026.

50%

half

68% in common

Positions both hold, largest shared weight first

Holding DBEF SPDW

ASML HOLDING NV 2.82% 2.15%

HSBC HOLDINGS PLC 1.45% 0.95%

ROCHE HOLDING AG 1.33% 0.90%

SHELL PLC 1.06% 0.88%

MITSUBISHI UFJ FINANCIAL GROUP INC 0.91% 0.82%

NOVARTIS AG 1.24% 0.79%

ASTRAZENECA PLC 1.26% 0.74%

NESTLE' SA/AG 1.18% 0.72%

TOYOTA MOTOR CORP 0.81% 0.67%

BHP GROUP LTD 1.03% 0.66%

SIEMENS AG 1.05% 0.66%

SAP SE 0.85% 0.64%

Only in DBEF

TEVA PHARMACEUTICAL INDUSTRIES LTD 0.18%

SUNBELT RENTALS HOLDINGS INC 0.14%

STMICROELECTRONICS NV 0.13%

ISHARES TRUST 0.12%

STMICROELECTRONICS NV 0.06%

RYANAIR HOLDINGS PLC 0.06%

WH GROUP LTD 0.04%

FRESENIUS MEDICAL CARE AG 0.04%

Only in SPDW

SAMSUNG ELECTR GDR REG S 2.68%

SK HYNIX INC 2.21%

ROYAL BANK OF CANADA 0.81%

SHOPIFY INC CLASS A 0.61%

TORONTO DOMINION BANK 0.57%

BANK OF MONTREAL 0.35%

SAMSUNG ELECTRONICS PREF 0.35%

BANK OF NOVA SCOTIA 0.34%

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On the same fields

DBEF

Xtrackers MSCI EAFE Hedged Equity ETF

SPDW

State Street SPDR Portfolio Developed World ex-US ETF

Where it sits Stock ETF Stock ETF

Issuer Xtrackers State Street

What it is Tracks an index Tracks an index

Total return, 1 year +18.5% +19.7%

S&P 500 over the same days +17.3% +17.3%

Gap to the S&P 500 +1.3 pts +2.4 pts

Expense ratio 0.35% 0.03%

Already in the S&P 500 0.0% 0.0%

Holdings 677 2448

Net assets, DBEF as of Oct 9, 2026 and SPDW as of Oct 8, 2026 $9.2bn $40.5bn

DBEF and SPDW on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

DBEF in plain words

DBEF tracks an index. Over the year to Oct 9, 2026 it returned +18.5% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.35% a year. By its holdings filed for May 29, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 677 positions, with the top ten at 13.3%. It sat 3.1% below its high of Aug 13, 2026 on Oct 9, 2026.

SPDW in plain words

SPDW tracks an index. Over the year to Oct 9, 2026 it returned +19.7% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer for Oct 8, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2,448 positions, with the top ten at 12.9%. It sat 4.5% below its high of Sep 4, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, DBEF or SPDW?: In the year to Oct 9, 2026, with distributions reinvested, DBEF returned +18.5% and SPDW +19.7%.
Which is cheaper, DBEF or SPDW?: SPDW is cheaper, by 0.32 percentage points a year. That is about $32 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do DBEF and SPDW overlap with the S&P 500?: By their latest filed holdings, 0% of DBEF and 0% of SPDW by weight is stocks the S&P 500 already holds.

Other comparisons

ACWX vs DBEF DBEF vs DFAI DBEF vs IQLT DBEF vs VIGI SPDW vs VEU EFA vs SPDW GSID vs SPDW SPDW vs VXUS

DBEF on its own →SPDW on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

DBEF filings on SEC EDGAR ↗DBEF prospectus with the expense ratio (SEC) ↗Xtrackers website ↗SPDW filings on SEC EDGAR ↗SPDW prospectus with the expense ratio (SEC) ↗State Street website ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. 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, DBEF against SPDW, data as of Oct 9, 2026. https://etfiq.com/compare/any/dbef-vs-spdw

Open data

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