HDEF vs CWI

Comparison between XTRACKERS MSCI EAFE HIGH DIVIDEND YIELD EQUITY ETF (HDEF, ETF) and SPDR(R) MSCI ACWI EX-US ETF (CWI, ETF).

5-Year PerformanceHDEF has outperformed CWI, delivering a return of +10.2% compared to +9.0%

HDEF vs CWI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HDEF(ETF)	CWI(ETF)
Net Assets	$2.20B	$2.30B
Expense Ratio	0.09%	0.30%
Max Drawdown	38.17%	62.39%
Sharpe Ratio	1.32	1.88
5Y Beta	0.43	0.75
5Y Dividends CAGR	2.87%	16.94%

Net Assets

HDEF

$2.20B

Winner

CWI

$2.30B

Expense Ratio

Winner

HDEF

0.09%

CWI

0.30%

Max Drawdown

Winner

HDEF

38.17%

CWI

62.39%

Sharpe Ratio

HDEF

1.32

Winner

CWI

1.88

5Y Beta

Winner

HDEF

0.43

CWI

0.75

5Y Dividends CAGR

HDEF

2.87%

Winner

CWI

16.94%

HDEF vs CWI - Historical Returns

Returns include dividend reinvestment.

Period	HDEF	CWI
1 month	-1.03%	+4.67%
3 months	-1.16%	+3.49%
6 months	+10.66%	+16.31%
1 year	+21.39%	+35.69%
5 years(CAGR)	+10.24%	+8.97%
10 years(CAGR)	+8.88%	+10.09%
Max(CAGR)	+7.70%	+5.44%

HDEF

-1.03%

Winner

CWI

+4.67%

HDEF

-1.16%

Winner

CWI

+3.49%

HDEF

+10.66%

Winner

CWI

+16.31%

HDEF

+21.39%

Winner

CWI

+35.69%

5Y(CAGR)

Winner

HDEF

+10.24%

CWI

+8.97%

10Y(CAGR)

HDEF

+8.88%

Winner

CWI

+10.09%

Max(CAGR)

Winner

HDEF

+7.70%

CWI

+5.44%

HDEF vs CWI - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	HDEF	CWI
2026	+5.46%	+10.60%
2025	+33.36%	+32.76%
2024	+3.36%	+7.58%
2023	+17.51%	+15.05%
2022	-3.03%	-15.80%
2021	+6.01%	+8.00%
2020	-2.76%	+8.58%
2019	+25.44%	+22.09%
2018	-13.77%	-14.65%
2017	+9.90%	+25.95%
2016	+13.43%	+6.67%
2015	-4.66%	-4.94%
2014	N/A	-1.28%
2013	N/A	+12.22%
2012	N/A	+13.69%
2011	N/A	-14.44%
2010	N/A	+8.51%
2009	N/A	+35.42%
2008	N/A	-41.96%
2007	N/A	+15.36%

HDEF vs CWI Drawdown Comparison

The maximum drawdown for HDEF was -36.42%, occurring on Mar 23, 2020. Recovery took 255 trading sessions.

The maximum drawdown for CWI was -60.77%, occurring on Mar 9, 2009. Recovery took 1668 trading sessions.

The current HDEF drawdown is -3.74%. The current CWI drawdown is -0.42%.

Rank	HDEF	CWI
#1	-36.42% Jan 2, 2020 - Jan 6, 2021	-60.77% Oct 31, 2007 - Jun 18, 2014
#2	-23.69% Feb 9, 2022 - Apr 6, 2023	-34.64% Jan 26, 2018 - Nov 13, 2020
#3	-17.55% Jan 22, 2018 - Oct 24, 2019	-29.42% Jun 14, 2021 - May 9, 2024
#4	-14.95% Aug 18, 2015 - Aug 10, 2016	-25.24% Jul 3, 2014 - May 5, 2017
#5	-11.15% Sep 26, 2024 - Mar 5, 2025	-13.85% Mar 19, 2025 - May 2, 2025
#6	-10.60% Mar 18, 2025 - Apr 22, 2025	-12.72% Jul 13, 2007 - Oct 1, 2007
#7	-9.31% Jun 15, 2021 - Jan 12, 2022	-11.47% Feb 25, 2026 - May 6, 2026
#8	-8.79% Jul 26, 2023 - Dec 13, 2023	-9.50% Sep 26, 2024 - Mar 17, 2025
#9	-8.02% Feb 27, 2026 - Mar 20, 2026	-8.03% Jul 12, 2024 - Aug 23, 2024
#10	-6.39% May 8, 2023 - Jun 15, 2023	-7.91% Feb 26, 2007 - Apr 3, 2007
#11	-5.63% Dec 9, 2016 - Jan 10, 2017	-4.96% Nov 12, 2025 - Dec 10, 2025
#12	-5.46% Dec 27, 2023 - Mar 20, 2024	-4.92% Feb 16, 2021 - Apr 15, 2021
#13	-4.72% Jan 8, 2021 - Mar 16, 2021	-4.58% Jan 21, 2021 - Feb 9, 2021
#14	-4.35% Nov 2, 2017 - Jan 9, 2018	-4.21% Jul 23, 2025 - Aug 13, 2025
#15	-4.24% May 17, 2024 - Jul 12, 2024	-3.82% Aug 23, 2024 - Sep 19, 2024

Correlation

Correlation between HDEF and CWI is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (2007 - 2026)

HDEF vs CWI dividend yield comparison.

Year	HDEF	CWI
2026	0.45%	0.00%
2025	3.88%	2.97%
2024	4.53%	2.89%
2023	4.38%	2.80%
2022	5.41%	3.17%
2021	4.76%	2.65%
2020	3.93%	2.07%
2019	4.20%	3.05%
2018	3.55%	2.81%
2017	3.38%	2.29%
2016	9.52%	2.45%
2015	1.87%	2.62%
2014	0.00%	3.21%
2013	0.00%	2.69%
2012	0.00%	3.15%
2011	0.00%	2.98%
2010	0.00%	2.31%
2009	0.00%	2.20%
2008	0.00%	2.17%
2007	0.00%	2.01%