Which returned more over the last year, HDEF or IEV?

In the year to Oct 28, 2026, with distributions reinvested, HDEF returned +17.8% and IEV +10.3%.

Which is cheaper, HDEF or IEV?

HDEF is cheaper, by 0.51 percentage points a year. That is about $51 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do HDEF and IEV overlap with the S&P 500?

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

Data as of Oct 28, 2026.

Across categories

HDEF vs IEV: Differences, Returns & Fees

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Over the year to Oct 28, 2026, HDEF returned +17.8% to IEV's +10.3%; 26% of their weight is in the same names.

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Net assets on Oct 27, 2026: $2.3bn for Xtrackers MSCI EAFE High Dividend Yield Equity ETF and $1.6bn for iShares Europe ETF.

HDEF on its own →IEV on its own →

At a glance

+17.8%

HDEF total return, 1 year

+10.3%

IEV total return, 1 year

0.09%

HDEF expense ratio

0.60%

IEV expense ratio

Pair scorecard

HDEF costs 0.51 points a year less; their one-year returns differ by 7.5 points; HDEF is 1.4 times larger.

HDEF vs IEV: Differences, Returns & Fees
Measure	HDEF	IEV
Return
Measure	HDEF	IEV
Total return, 1 year	+17.8%	+10.3%
Drawdown
Measure	HDEF	IEV
Below its high		6.0%, high on Aug 25, 2026
Benchmark
Measure	HDEF	IEV
What it tracks	MSCI EAFE High Dividend Yield Index	S&P Europe 350
Cost and size
Measure	HDEF	IEV
Expense ratio	0.09%	0.60%
Net assets, as of Oct 27, 2026	$2.3bn	$1.6bn
Holdings
Measure	HDEF	IEV
Holdings in common	26%
Top ten holdings, share of the fund	41.1%	22.2%

Holdings in common uses holdings dated May 29, 2026 and Oct 27, 2026. Method

What they share

26%

By the books each fund has filed, HDEF and IEV hold 26% of their money in the same securities at the same weight. Holdings dated May 29, 2026 and Oct 27, 2026.

50%

0 half 100%

half

26% in common

Positions both hold · largest shared weight first HDEF IEV

ROCHE HOLDING AG 5.02% 2.48%

SHELL PLC 4.75% 2.21%

NOVARTIS AG 4.98% 2.09%

NESTLE' SA/AG 4.99% 1.90%

SANOFI SA 2.34% 1.38%

TOTALENERGIES SE 4.21% 1.38%

ALLIANZ SE 4.14% 1.35%

IBERDROLA SA 3.37% 1.08%

UNILEVER PLC 3.02% 1.03%

BRITISH AMERICAN TOBACCO PLC 3.04% 0.95%

ZURICH INSURANCE GROUP AG 2.60% 0.82%

NATIONAL GRID PLC 1.96% 0.60%

Only in one fund ↓

Only in HDEF

NOVO NORDISK A/S 3.59%

DBS GROUP HOLDINGS LTD 2.47%

MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT AG 1.68%

OVERSEA-CHINESE BANKING CORP LTD 1.46%

VOLVO AB 1.34%

JAPAN TOBACCO INC 1.04%

SOFTBANK CORP 0.95%

BANK LEUMI LE - ISRAEL BM 0.92%

Only in IEV

ASML HOLDING 4.64%

HSBC HOLDINGS PLC 2.17%

ASTRAZENECA PLC 1.94%

SAP 1.78%

SIEMENS N AG 1.57%

SCHNEIDER ELECTRIC 1.12%

UBS GROUP AG 1.05%

BANCO BILBAO VIZCAYA ARGENTARIA 1.03%

Check overlap with more funds →

Side by side

HDEF Xtrackers MSCI EAFE High Dividend Yield Equity ETF IEV iShares Europe ETF

Where it sits Stock ETF Stock ETF

Issuer Xtrackers iShares

What it is Tracks an index Tracks an index

Total return, 1 year +17.8% +10.3%

Its benchmark over the same days +12.1% (EFA) not measured

Gap to its benchmark +5.7 pts vs EFA not measured

Expense ratio 0.09% 0.60%

Already in the S&P 500 0.0% 0.0%

Holdings 114 364

Net assets, as of Oct 27, 2026 $2.3bn $1.6bn

HDEF and IEV on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

HDEF

HDEF tracks an index. Over the year to Oct 28, 2026 it returned +17.8% with distributions reinvested, against +12.1% for its benchmark, the MSCI EAFE Index. The prospectus expense ratio is 0.09% 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 114 positions, with the top ten at 41.1%.

IEV

IEV tracks an index. Over the year to Oct 28, 2026 it returned +10.3% with distributions reinvested. The prospectus expense ratio is 0.60% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 364 positions, with the top ten at 22.2%. It sat 6.0% below its high of Aug 25, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, HDEF or IEV?: In the year to Oct 28, 2026, with distributions reinvested, HDEF returned +17.8% and IEV +10.3%.
Which is cheaper, HDEF or IEV?: HDEF is cheaper, by 0.51 percentage points a year. That is about $51 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do HDEF and IEV overlap with the S&P 500?: By their latest filed holdings, 0% of HDEF and 0% of IEV by weight is stocks the S&P 500 already holds.

Other comparisons

EWG vs HDEF EWI vs HDEF EWD vs HDEF EPOL vs HDEF EPOL vs IEV EWP vs IEV EWL vs IEV EUFN vs IEV

Where to next

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

Sources and dates

HDEF filings on SEC EDGAR ↗

HDEF prospectus with the expense ratio (SEC) ↗

Xtrackers website ↗

IEV filings on SEC EDGAR ↗

IEV prospectus with the expense ratio (SEC) ↗

iShares page for IEV ↗

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, HDEF against IEV, data as of Oct 28, 2026. https://etfiq.com/compare/any/hdef-vs-iev

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